Topic: Bitcoin $5k rise within an hour plus. (Read 369 times)
the market is likely to reach $38,000
If this will going to happen any time sooner? then that is the time to take out my funds for a while , that is my plans I know how much i need to carry because the price will surely drop any time next year and with that I will keep my Eye in the market until I silence my funds inside bitcoin till Pump happened.Quote
Thank you for the graph mate, I consider this as my viewing spot to what will happen sooner.
I keep tracking everything that will bring me more understanding towards future.
It is true, the Bitcoin ETF is still on the way, but if speculation regarding the bullrun issue continues to be campaigned, it is very close, it will give rise to a sense of optimism among investors. All good news or other negative events that normally affect the market are put aside at this time.
Yes. Must be careful if not many people get caught up in dramatic price fluctuations because where crypto asset prices will move next, no one can predict 100% correctly.
Yes. Must be careful if not many people get caught up in dramatic price fluctuations because where crypto asset prices will move next, no one can predict 100% correctly.
This is not uncommon with Bitcoin. Any time can be more or less than this. I think one should invest here not considering its volatility but researching it well and planning long term. Bitcoin is capable of increasing and also decreasing by 5 percent or more in 24 hours. Bitcoin is deadly risky for those who are making a decision to invest in Bitcoin based only on temporary volatility. This type of thinking must be avoided. Generally holders cannot be profitable due to this kind of pumping because in case of Bitcoin most of the time they hold for long term. When the market reaches a reliable high, the holders will also be profitable at that time. A holder has to regulate himself in such circumstances.
People are alarmed because the Btioci has grown by $5k in one moment, there is no need to be alarmed, this is how it is, volatility can be given very well so that it can generate a higher price, if the price has to grow on day In the moment that you want, slow, or fast but it achieves its objective, they do this so that it causes more fury, emotions, and that they continue buying so that they can earn more, that is why from $26k it has risen almost to $35 k, and I think that it can reach $40k if the price continues to rise conservatively, because as it goes up it goes up, so why look for the reason why it went up, what is known is that it will continue to rise and that must take advantage.
Definitely this sudden price hike has made everyone astonished for a bit. The ones who bought the coins just before the price rise would have definitely made good profit to be honest. Yes it was very strange to see this sudden rise without any good support, but this is not a bull run I guess. The traders tried so hard to accumulate the coin that it lead to rise in price. Bull season will come soon, probably in 2024, so yes this was just an early hint.
This isn't a set of instructions, rather, it's a market response anticipating the forthcoming decision on a Bitcoin ETF. Regardless of the outcome, Bitcoin's price is expected to continue its upward trajectory from its previous levels because this news hints at a positive trend. It's not a trial to determine whether BTC will perform negatively, thus, the climb from $30k to $34k will establish a new price range, possibly lasting until the new year in 2024. Bitcoin ideally should not drop below $30k again, as that stands as the latest support level.A potential bull run might indeed materialize in 2024, as you mentioned, but a new all time high is more likely to occur in 2025, precisely one year after the halving event. Let's wait and see, and we'll be witnesses to what unfolds in the upcoming moments.
I'll be totally honest, I didn't really expect this to happen this soon. I thought we wouldn't be able to see Bitcoin going around $40k this year since there are only a couple of months remaining for the year to end, but this sudden pump hit us unexpectedly and the whole market is happy yet surprised to see the growth in such a short period of time. $35k seems to be the new resistance at this moment, and if it manages to go across that and stays strong, I bet it will get to $40k in no time.
If we talk about Altcoins, I don't think they are stagnant, the whole market is in red, I know that the growth level of a lot of altcoins isn't matching Bitcoin's, but that is obviously because Bitcoin is getting a lot of investments and people are buying as much as they can since everyone is thinking this is the beginning of the long-anticipated bull run.
If we talk about Altcoins, I don't think they are stagnant, the whole market is in red, I know that the growth level of a lot of altcoins isn't matching Bitcoin's, but that is obviously because Bitcoin is getting a lot of investments and people are buying as much as they can since everyone is thinking this is the beginning of the long-anticipated bull run.
We aren't there yet, this is just the preparation for what is about to get unveiled, bitcoin breakout is setting in gradually and the target is aiming towards $38,000 we should be getting ready for the massive move once again sooner, there have been more to the reason why we experienced this sudden breakout, if you look as well towards the market today, it has been resisting over the bear by maintaining higher position above $34,000 we cannot predict what the subsequent days of the month will be, but as expected, the market is likely to reach $38,000
OP wouldn't write that if we aren't there yet. Numbers don't lie. Just check the price now for you to believed it. But yeah this is only the beginning of something big. That wasn't $38k, but it is $100k or more. The reason why we experience such movement is might be to that BTC spot ETF. Other than that, people are still excited for the Bitcoin halving because we are getting close to it. You said we can not predict the market but how come you are so positive about that $38k?But, I'm also going to be happy if we can continue to it for a while before the momentum stops. That way, we can still see an improvement after months of being in a stagnation mode.
Definitely this sudden price hike has made everyone astonished for a bit. The ones who bought the coins just before the price rise would have definitely made good profit to be honest. Yes it was very strange to see this sudden rise without any good support, but this is not a bull run I guess. The traders tried so hard to accumulate the coin that it lead to rise in price. Bull season will come soon, probably in 2024, so yes this was just an early hint.
We wonder because we never expected this to happen and the current situation will tell us that nobody saw it happen that is why we all got surprised. But just like the old days, the rise never stays long as the drop comes after and I am expecting this because people are selling off their Bitcoin when they see a price increase.
Well, we can say that this is some kind of price manipulation but I'd never see it was true. But what I believe is that the number of investors is growing fast making the demand spike and the result is somewhat surprising.
Definitely this sudden price hike has made everyone astonished for a bit. The ones who bought the coins just before the price rise would have definitely made good profit to be honest. Yes it was very strange to see this sudden rise without any good support, but this is not a bull run I guess. The traders tried so hard to accumulate the coin that it lead to rise in price. Bull season will come soon, probably in 2024, so yes this was just an early hint.
Whenever there is a strong surge of Bitcoin price, the expectation or the pattern is that the altcoins would all be in red. It's only when the surge mellows down a bit that altcoins may begin to recover and possibly make gains. I think this has been the general pattern over the years. If Bitcoin grows slowly, it's possible that the top altcoins can catch up and rises along with it. But whenever Bitcoin is aggressively bullish, the altcoins will be left behind.
Lets forget the altcoin from here mate because this is about Bitcoin and yes its growth recentlyWhile you have quoted altcoins movement when there is bitcoin growth yet lets take them out from this thread and section.
About bitcoin being aggressive ? altcoin on the other hand is also having aggressive movement though not that high compared
to Bitcoin.
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Now it is starting to slowly drop mate, from 35k now this is at 33k and smoving down little
by little, though I wanted to see this climbing over 40k before this October ends. 5k increase in the last hour yesterday.
It's probably of the oncoming decision on the status of bitcoin ETF that a lot of people are buying bitcoin right now because they know that if that decision is a positive is positive then there's a possibility that the price of bitcoin will go up and not to mention that historically, bitcoin price is positive during this months towards December so add that to the current happening and you're never going to be surprised that bitcoin is going up this fast.
I hope bitcoin can cross 40$k this time. Everyone is waiting to see if the bitcoin market will be good. I have invested in bitcoin. If the bitcoin market is good within this year I can sell the bitcoins and make a profit. Bitcoin I am very happy after seeing that its market is starting to improve.Bitcoin current price is 34$k now.decent to achieve by 2023 , also hoping to see 2024 another Bull and bringing ATH (cannot wait till 2025 though)
Whenever there is a strong surge of Bitcoin price, the expectation or the pattern is that the altcoins would all be in red. It's only when the surge mellows down a bit that altcoins may begin to recover and possibly make gains. I think this has been the general pattern over the years. If Bitcoin grows slowly, it's possible that the top altcoins can catch up and rises along with it. But whenever Bitcoin is aggressively bullish, the altcoins will be left behind.
The rapid increase in Bitcoin prices is certainly very encouraging for Bitcoin holders, no one would have thought that in just one hour Bitcoin would increase by $5k. Immediately determine the right price to sell your assets, if you are not so sure that the bullrun has just started, don't waste the profit that is in front of your eyes before it all disappears when a long-term dump occurs. I'm still waiting to see how far Bitcoin will rise, I will immediately exchange it when there are signs of a decline.
if nothing else, positive vibes are going in in the community right now. and it will give a good boost to those who are still hesitant to touch this market. with every rise in this market, means more people are considering to have a look on this industry, and so it translates to additional demand. which of course, is a very good one for us.
and with this rise, it shows that this market is still indeed a very volatile one, which is why a lot of traders are being attracted to this market.
The rapid increase in Bitcoin prices is certainly very encouraging for Bitcoin holders, no one would have thought that in just one hour Bitcoin would increase by $5k. Immediately determine the right price to sell your assets, if you are not so sure that the bullrun has just started, don't waste the profit that is in front of your eyes before it all disappears when a long-term dump occurs. I'm still waiting to see how far Bitcoin will rise, I will immediately exchange it when there are signs of a decline.
It's probably of the oncoming decision on the status of bitcoin ETF that a lot of people are buying bitcoin right now because they know that if that decision is a positive is positive then there's a possibility that the price of bitcoin will go up and not to mention that historically, bitcoin price is positive during this months towards December so add that to the current happening and you're never going to be surprised that bitcoin is going up this fast.
I hope bitcoin can cross 40$k this time. Everyone is waiting to see if the bitcoin market will be good. I have invested in bitcoin. If the bitcoin market is good within this year I can sell the bitcoins and make a profit. Bitcoin I am very happy after seeing that its market is starting to improve.Bitcoin current price is 34$k now. 
The sudden rise in bitcoin is what I don't still understand how it happen, but I know that we are close the the halving and one should expect a pump in bitcoin price but not as high as this. I could remember how many times forum members have speculated that bitcoin price will not cross 33k by the end of this year, but right now still in the month of October we have seen the highest rise in bitcoin price since 2022. This shows that bitcoin is a good asset to invest in and anyone that has bought yet can still buy because nobody knows what bitcoin price will be by the end of this year. If ETF Bitcoin is approved by January, it means that bitcoin price will go above 120k as the new ATH.
It's probably of the oncoming decision on the status of bitcoin ETF that a lot of people are buying bitcoin right now because they know that if that decision is a positive is positive then there's a possibility that the price of bitcoin will go up and not to mention that historically, bitcoin price is positive during this months towards December so add that to the current happening and you're never going to be surprised that bitcoin is going up this fast.though sideways may happen because no one can predict the market by all chance.
4th quarter upon my experience is always giving me good income from my investments and hoping I will still have this year, and hoping it will continue to grow from 34k to 40k
Something great usually happen on late months of the year since many provably expect some good changes to come especially that bitcoin comes from a long drop or stability. But since there's event that people await for longest time maybe that contributes for bitcoin to reach that up faster and no one expect that to come. But since we already have some great month then provably November might have something good to offer to us bitcoins users. So I'm quietly excited to see on what will happen next month since right now Bitcoin is showing some good signs about possibly trajectory for next couple of months to come. So maybe we can safely say that by by November to December maybe we can see the price of bitcoin can reach at the price you mentioned.
I don't think there has been a price correction right now from the significant increase that occurred in the last few days, currently the price is still in the $34k-$35k price range which means it is still quite high and we are still waiting to see whether the increase will continue or vice versa.
We don't deserve to talk about ATH right now, currently a significant increase has just occurred and we are entering a halving time which allows us to return to seeing the things we want.
There is no need to panic, Bitcoin's movement tends to be more in a positive direction this year, and that indicates it will continue until the end of the year, and I am quite optimistic about that.
The correction may not occur suddenly but slowly, so we will not realize that the price is falling slowly. And currently, the price is still fluctuating in the $34k area but we still need to be prepared if the correction turns out to come suddenly.We don't deserve to talk about ATH right now, currently a significant increase has just occurred and we are entering a halving time which allows us to return to seeing the things we want.
There is no need to panic, Bitcoin's movement tends to be more in a positive direction this year, and that indicates it will continue until the end of the year, and I am quite optimistic about that.
Bitcoin prices can continue their increase or experience a decline. We will not know how the price of Bitcoin will move, but if we can prepare for all the possibilities, we can adapt to the circumstances that will occur.
The increase made many holders to believed that bullish run is very close to the market, and it will make some not to sell their coins now than to wait to see what will happen before the end of this year because it look like the bullish run will appear before the end of November. The price has hit $34,721 few hours ago and the green light is still displaying some signs to encourage the holders not to miss this season because the bump will take a long season before it will return back to bearish run, which will be possible for those that will endure now and hold till that day. I don't think those that bought at the rate of $33,000 or $34,000 will be worry of anything because the price will continue increasing for those that invested in the past to supply to make a passive income.
The market may be very close to a bullish movement but we are still far from its final ATH. Meanwhile, we don't know whether there will be a significant improvement after this or there will be a correction, or whether the improvement will come gradually.But the current situation has given hope to Bitcoin holders. At least, new Bitcoin holders can see that their purchases in Bitcoin can provide profits. And if they keep buying more Bitcoin and holding it tightly until the price reaches a new ATH, their profits will be even greater.
The sudden rise in bitcoin is what I don't still understand how it happen, but I know that we are close the the halving and one should expect a pump in bitcoin price but not as high as this. I could remember how many times forum members have speculated that bitcoin price will not cross 33k by the end of this year, but right now still in the month of October we have seen the highest rise in bitcoin price since 2022. This shows that bitcoin is a good asset to invest in and anyone that has bought yet can still buy because nobody knows what bitcoin price will be by the end of this year. If ETF Bitcoin is approved by January, it means that bitcoin price will go above 120k as the new ATH.
It's probably of the oncoming decision on the status of bitcoin ETF that a lot of people are buying bitcoin right now because they know that if that decision is a positive is positive then there's a possibility that the price of bitcoin will go up and not to mention that historically, bitcoin price is positive during this months towards December so add that to the current happening and you're never going to be surprised that bitcoin is going up this fast.though sideways may happen because no one can predict the market by all chance.
4th quarter upon my experience is always giving me good income from my investments and hoping I will still have this year, and hoping it will continue to grow from 34k to 40k
Quote from: michellee
The rise in Bitcoin in a short time yesterday clearly brought us joy. Investors may have sold some of their Bitcoins to take advantage. However, many investors are still holding Bitcoin and not selling it at yesterday's high price.
But it is still far from the previous ATH where Bitcoin is currently still struggling to reach the previous ATH. And now, the price correction has come. This correction makes me curious because with the $34k level reached, where will the price of Bitcoin fall? Can Bitcoin price remain above $30k during the current correction or will Bitcoin price return to below $30k?
It remains a mystery to us. And people who bought Bitcoin at $33k or $34k yesterday could be worried because they bought Bitcoin at high prices. But if they don't panic about the decline in Bitcoin and can hold their Bitcoin tightly, they will see that they will make a profit in the future.
But it is still far from the previous ATH where Bitcoin is currently still struggling to reach the previous ATH. And now, the price correction has come. This correction makes me curious because with the $34k level reached, where will the price of Bitcoin fall? Can Bitcoin price remain above $30k during the current correction or will Bitcoin price return to below $30k?
It remains a mystery to us. And people who bought Bitcoin at $33k or $34k yesterday could be worried because they bought Bitcoin at high prices. But if they don't panic about the decline in Bitcoin and can hold their Bitcoin tightly, they will see that they will make a profit in the future.
The increase made many holders to believed that bullish run is very close to the market, and it will make some not to sell their coins now than to wait to see what will happen before the end of this year because it look like the bullish run will appear before the end of November. The price has hit $34,721 few hours ago and the green light is still displaying some signs to encourage the holders not to miss this season because the bump will take a long season before it will return back to bearish run, which will be possible for those that will endure now and hold till that day. I don't think those that bought at the rate of $33,000 or $34,000 will be worry of anything because the price will continue increasing for those that invested in the past to supply to make a passive income.
The sudden rise in bitcoin is what I don't still understand how it happen, but I know that we are close the the halving and one should expect a pump in bitcoin price but not as high as this. I could remember how many times forum members have speculated that bitcoin price will not cross 33k by the end of this year, but right now still in the month of October we have seen the highest rise in bitcoin price since 2022. This shows that bitcoin is a good asset to invest in and anyone that has bought yet can still buy because nobody knows what bitcoin price will be by the end of this year. If ETF Bitcoin is approved by January, it means that bitcoin price will go above 120k as the new ATH.
It's probably of the oncoming decision on the status of bitcoin ETF that a lot of people are buying bitcoin right now because they know that if that decision is a positive is positive then there's a possibility that the price of bitcoin will go up and not to mention that historically, bitcoin price is positive during this months towards December so add that to the current happening and you're never going to be surprised that bitcoin is going up this fast. Jump to: