Bitcoin @ $50k - page 3. | Bitcointalksearch.org

Reatim

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Quote from: lepbagong on August 26, 2021, 02:45:46 AM

Quote from: terciduk123 on August 26, 2021, 02:16:06 AM

$50K becomes quite a strong resistance and not easy to pass, there will be several trial stages to break it then $50k becomes a strong line of support for Bitcoin.
Consolidation like this will probably last for a few weeks. If we look at the Bitcoin trading volume on Binance, the trading volume is still stable in the range of $2-$2.5 Billion Dollars, Usually if the pump continues the trading volume increases rapidly.

it looks like what you said is correct, bitcoin is still difficult to get past this crucial figure at $50K, if it is missed it is only temporary and will go down again, but if that momentum can be passed then there will be a fairly high spike from bitcoin which will clearly try to get past ATH their last and form a renewable ATH which might be even better. indeed it seems that the momentum has not been seen and we are waiting when we enter Q4 then there we will see the movement is real.

Lol bitcoin stays above 50k for couple of days so obviously it was being passed , the problem is to maintain the momentum Wink

i Know that there are chances this month to make it to 53,000 as paypal is on the move to make it a way of pumping.

like what said in this post

Quote from: marine4u on August 25, 2021, 02:17:21 AM

My investment formation view is long term, so Buy in Dip and Buy Accumulate are my two types of strategies. This saves me from having to weigh the severity from the price. For bitcoin, just be ready to buy/hold with the trend, it will maximize your short position, just don't panic. In my opinion, now is a good time to buy, a lot of good news is supporting, Paypal has created a bitcoin trading portal for UK, Taproot is ahead at 11/2021,… good signal for bitcoin to go to >53k in this August.

Clearly there is a good chance .

Japinat

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Quote from: lepbagong on August 26, 2021, 02:45:46 AM

Quote from: terciduk123 on August 26, 2021, 02:16:06 AM

$50K becomes quite a strong resistance and not easy to pass, there will be several trial stages to break it then $50k becomes a strong line of support for Bitcoin.
Consolidation like this will probably last for a few weeks. If we look at the Bitcoin trading volume on Binance, the trading volume is still stable in the range of $2-$2.5 Billion Dollars, Usually if the pump continues the trading volume increases rapidly.

it looks like what you said is correct, bitcoin is still difficult to get past this crucial figure at $50K, if it is missed it is only temporary and will go down again, but if that momentum can be passed then there will be a fairly high spike from bitcoin which will clearly try to get past ATH their last and form a renewable ATH which might be even better. indeed it seems that the momentum has not been seen and we are waiting when we enter Q4 then there we will see the movement is real.

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?

lepbagong

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Quote from: terciduk123 on August 26, 2021, 02:16:06 AM

$50K becomes quite a strong resistance and not easy to pass, there will be several trial stages to break it then $50k becomes a strong line of support for Bitcoin.
Consolidation like this will probably last for a few weeks. If we look at the Bitcoin trading volume on Binance, the trading volume is still stable in the range of $2-$2.5 Billion Dollars, Usually if the pump continues the trading volume increases rapidly.

it looks like what you said is correct, bitcoin is still difficult to get past this crucial figure at $50K, if it is missed it is only temporary and will go down again, but if that momentum can be passed then there will be a fairly high spike from bitcoin which will clearly try to get past ATH their last and form a renewable ATH which might be even better. indeed it seems that the momentum has not been seen and we are waiting when we enter Q4 then there we will see the movement is real.

terciduk123

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$50K becomes quite a strong resistance and not easy to pass, there will be several trial stages to break it then $50k becomes a strong line of support for Bitcoin.
Consolidation like this will probably last for a few weeks. If we look at the Bitcoin trading volume on Binance, the trading volume is still stable in the range of $2-$2.5 Billion Dollars, Usually if the pump continues the trading volume increases rapidly.

RealMalatesta

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Quote from: ultrloa on August 24, 2021, 06:43:41 AM

Quote from: indah rezqi on August 24, 2021, 06:26:27 AM

And that has happened ($50K), now that Bitcoin has dropped again from $50K to $49.7K it's probably going up again at $50K and I'm sure Bitcoin price will pass the $63 high this year. The exact prediction of the price of Bitcoin, I feel that the influence of economic conditions in the midst of a pandemic also has an effect.

Its early to tell but since bitcoins price surge at $50k unexpectedly maybe we can see those possible numbers you mentioned and so far the market is so bullish so I think maybe we need to broke the $60k before going up to another figures since if this one happen then provably $70k will be the next milestone to hit. I do hope even next month that we can still see bitcoin dominates so that we can see it continuously to rise up.

I think that what we have seen right now that we could definitely go to a lot higher levels, it is definitely possible. However, I am not sure about how slowly or fast it will happen, it could happen very quickly or it could happen very slowly.

Maybe we will barely see 55k for the next month, or maybe we will just do a whole lot more than that? Maybe for the next 2-3 weeks it will stay around 50k and then suddenly it may go over 60k and that is the most important part, we can't just be calm and relaxed about it, we need to realize that we should be very comfortable very soon when the price goes up and until that happens, we should just relax and do nothing and wait for it to happen.

Kittygalore

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Quote from: zanezane on August 25, 2021, 09:02:55 AM

It seems that a lot of people have taken a profit at this point because most crypto are already down this day, I think that this is a good opportunity if anyone wants to buy some bitcoin because it's only a matter of time for the prices to go back up again.

It's continuously going down so you're right about buying bitcoin right now, bitcoin has considerably gone down this day so it's the right time, hopefully the prices really do bounce back.

LUCKMCFLY

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The price of BTC has been very strongly upward, it is likely that when it touches the $ 50k levels again it will be a test to see if there is still more supply, however analysts are waiting for the price at $100k:

Quote

For instance, Lyn Alden, the founder of Lyn Alden Investment Strategy, told Business Insider that Bitcoin has an incredible potential to have reached $100,000 by next year, stating that the cryptocurrency is “still in kind of the early-to-mid stage of its long-term trajectory.”

Source: https://cointelegraph.com/news/bollinger-bands-creator-warns-bitcoin-bulls-as-btc-price-struggles-below-50k

As long as there is supply at the $ 50k levels it will not rise with intensity, as the bears are planning their strategy there, for now what I am seeing through the volume reading is that the bulls are buying at the dip, for this reason the price has not fallen so sharply.

Oasisman

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Quote from: Kusman on August 24, 2021, 03:35:24 PM

Bitcoin price already went over $50k. But this time, we are witnessing it to decrease gradually and it has gone down to $47.9k now. I assume that it is another price correction after a good amount of increase in the price. I think that it might recede until reaching $47k exactly. But after that, I'm expecting to see the price starting to increase again and going towards $55k.

Might be too early to say that Btc will be heading at $55,000 after this short pull back.
Currently, Btc is trading at $47,000 level and I'm guessing that Btc might take days before it bounce right back at $50,000. It might need to have at least a couple of days to build up while traders are buying into the short dip, and then pull back again. This could go on for the remainder of August.
I'm expecting Btc to be maintaining the $50,000 level on September.

zanezane

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It seems that a lot of people have taken a profit at this point because most crypto are already down this day, I think that this is a good opportunity if anyone wants to buy some bitcoin because it's only a matter of time for the prices to go back up again.

BIN-BIN

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Looking at the market it turns out that the price of bitcoin is increasingly dominating and if it continues like this, it could have broken the $50k mark.
In these few days, we see the price of bitcoin continue to spin at $47k-$48k. Maybe we're getting closer to $50k, so many assume that bitcoin is
optimistic about moving upwards. But sometimes the market is not just predictable. If it moves down, it also cannot be said if this bullish will end.
Maybe Bitcoin moves down a little then take steps to keep going up.

I guess the strongest resistance level for Bitcoin right now is the $50k price level. Once Bitcoin price moves above 50k and can sustain that, the next stop price will be $60k.

Hurdlers are very optimistic this season as the bull run slowly and gradually gathers momentum.

indah rezqi

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Quote from: ultrloa on August 24, 2021, 06:43:41 AM

Quote from: indah rezqi on August 24, 2021, 06:26:27 AM

And that has happened ($50K), now that Bitcoin has dropped again from $50K to $49.7K it's probably going up again at $50K and I'm sure Bitcoin price will pass the $63 high this year. The exact prediction of the price of Bitcoin, I feel that the influence of economic conditions in the midst of a pandemic also has an effect.

Its early to tell but since bitcoins price surge at $50k unexpectedly maybe we can see those possible numbers you mentioned and so far the market is so bullish so I think maybe we need to broke the $60k before going up to another figures since if this one happen then provably $70k will be the next milestone to hit. I do hope even next month that we can still see bitcoin dominates so that we can see it continuously to rise up.

I believe that if Bitcoin continues to rise and reach this year's highest price from the price that occurred a few months ago, then there is a possibility that the price of altcoins will also have an impact even though only a small part of the altcoins are on the market.
If what I say is true, then it shows that there is a positive influence of Bitcoin which can give space to altcoins regarding their prices (Altcoins).

TravelMug

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Quote from: Kusman on August 24, 2021, 03:35:24 PM

Bitcoin price already went over $50k. But this time, we are witnessing it to decrease gradually and it has gone down to $47.9k now. I assume that it is another price correction after a good amount of increase in the price. I think that it might recede until reaching $47k exactly. But after that, I'm expecting to see the price starting to increase again and going towards $55k.

Yes, it is, as long as the price is not going below $45, I think this is just another healthy correction, just like what we witnessed before the sudden spike to $50k. We have a strong support at $47k and I think it will hold for now until we have another break out run.

The good thing is that we have a week to accomplished and bring back the price to $50k. So that's a lot of leg room for us to work at the end of this month.

Kusman

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Bitcoin price already went over $50k. But this time, we are witnessing it to decrease gradually and it has gone down to $47.9k now. I assume that it is another price correction after a good amount of increase in the price. I think that it might recede until reaching $47k exactly. But after that, I'm expecting to see the price starting to increase again and going towards $55k.

Emitdama

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Quote from: Raflesia on August 23, 2021, 01:12:19 PM

The media has been spreading good news about the hike to $50k. Of course this will be more attractive to other investors to rush to invest some money in it, but my prediction is that the price will be much better in the next month, after many surprising predictions about this speculation. but I think we will wait for the best results.

$50k already passed so next month's target is $60k and so on it's going to be a good move.
Maybe 70k soon my prediction in september or november.

I get that it is not easy to see bitcoin going over 50k and not have any in your pocket, but I do not think that people who see it go over 50k could stop themselves neither. I agree that these type of big news about the price of bitcoin starts a snowball effect that goes slowly and slowly first but then gradually grows bigger and bigger.

I have to say it is really a nice situation that we end up with this price, because even 49k is not enough to make it a news worthy thing, it is not a round number, for some weird human psychology reasons, 50k is 10 times better than 51k, you can't even make a 51k related news, it needs to be "over 50k" and that is a lot more interesting to people, no idea why our brain works like that. So, I think the more news like this the higher the price and 64k+ is definitely in play right now and we may see it in few months.

rodskee

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Quote from: BIN-BIN on August 20, 2021, 05:16:30 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?

Finally Bitcoin broke that barrel but the thing is only stays 3 days in 50k then drops back again to 48-49k .

looking at the graph it seems that the next target is 55k in which far to exceed in the movement now as altcoin is barbing the increase.

but lets see in the next week , if this change to grow then we are on the run for 60k.

ultrloa

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Quote from: indah rezqi on August 24, 2021, 06:26:27 AM

And that has happened ($50K), now that Bitcoin has dropped again from $50K to $49.7K it's probably going up again at $50K and I'm sure Bitcoin price will pass the $63 high this year. The exact prediction of the price of Bitcoin, I feel that the influence of economic conditions in the midst of a pandemic also has an effect.

Its early to tell but since bitcoins price surge at $50k unexpectedly maybe we can see those possible numbers you mentioned and so far the market is so bullish so I think maybe we need to broke the $60k before going up to another figures since if this one happen then provably $70k will be the next milestone to hit. I do hope even next month that we can still see bitcoin dominates so that we can see it continuously to rise up.

indah rezqi

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And that has happened ($50K), now that Bitcoin has dropped again from $50K to $49.7K it's probably going up again at $50K and I'm sure Bitcoin price will pass the $63 high this year. The exact prediction of the price of Bitcoin, I feel that the influence of economic conditions in the midst of a pandemic also has an effect.

Mkmanik

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Right now the price of Bitcoin is $49703, The big resistance is now $51300. Bitcoin already touches this resistance, If Bitcoin can able to break this line then $55,000 is welcome. But for this Bitcoin need to hold a $48,000 support level. If a 6 houres candle closes above $48,000 then we are bullish and close below the Bitcoin market will be bearish!!

Early-stage buyers/holders selling their bags at this level. So we are dumping a little a bit, but do we know when people sell bitcoin pumps??? Now waiting for a clear breakout or breakdown...

Rabi3

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Quote from: mrjoy15 on August 23, 2021, 12:56:41 AM

Bitcoin back above $50K once again. I would have stuck with BTC, but i only regret that it's a little bit. It's king and all eyes were on $50K. Indeed, this is just the beginning of a huge breakout. Let's hope it keeps pumping and pumping. Better to fill your bags and lets hit the moon together. Let's stop $64K

Bitcoin is slowly going up, a step by step, it could reach a new ATH before the end of this year, just hold what you can, with this pace it could reach $60k in the first weeks on next month, imagine some news about Visa buying bitcoin, it could make it sky rocket, Visa might do it since it is "paying" attention to NFTs, some news like that from big companies can change a lot.

Shasha80

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Quote from: anti-dot on August 23, 2021, 04:32:21 PM

Quote from: mrjoy15 on August 23, 2021, 12:56:41 AM

Bitcoin back above $50K once again. I would have stuck with BTC, but i only regret that it's a little bit. It's king and all eyes were on $50K. Indeed, this is just the beginning of a huge breakout. Let's hope it keeps pumping and pumping. Better to fill your bags and lets hit the moon together. Let's stop $64K

And back down again... It is not really the powerful push yet that we are looking for. Maybe the news about institutional investors signing up for ETFs or something that I read might help. But it is still not the real momentum that it sometimes has and it also doesn't feel like that.

I think that the way bak to the former all time high will be a bit more cumbersome. Everybody is cautious and doesn't really know, huge news are also not available.

It seems that the Bitcoin price push is not strong enough to rise above the $50k price, because the Bitcoin price corrected back to the $49k price.
But because the price drop is not too far away, it looks like in the near future the price of Bitcoin will go back above the $50k price. To go up to
the previous ATH price is still difficult to be sure, because indeed to be able to return to that price, a large amount of good news is needed. Which is
able to convince many investors, especially big companies to invest in Bitcoin. For now we only need to monitor Bitcoin price developments,
so we can predict where Bitcoin will move. But if we are patient in Bitcoin investment, everything should be fine.

Topic: Bitcoin @ $50k - page 3. (Read 904 times)