Dont worry there are lot of this movement to happen this year mate as 2022 is still young and we can expect more in the following months.
just this quarter Bitcoin had broken 40k multiple times so this is not something to be celebrated instead what we need here is that bitcoin must be on the top of at least 50k before making another thread of boosting .
Topic: Bitcoin Breaks Past The $40,000 Barrier Again? - page 5. (Read 771 times)
Today bitcoin finally hit $43k again after struggling to increase its price bit by bit and hopefully, it will continue until it goes high.
But bitcoin still has a long way to go, especially to get back to the highest $69k or ATH level that bitcoin has ever hit and that will take time.
And with the price of bitcoin rising to $43k, this brings joy to a lot of people, especially those who buy bitcoins at $40k-$43k or higher, because it gives them hope that over time, the price of bitcoin will rise high.
If this is the target price you want, you can sell some of the bitcoins you have and wait for another correction or do you still want to wait for another high?
If so, fasten your belt because the price will surely swing again after this.
But bitcoin still has a long way to go, especially to get back to the highest $69k or ATH level that bitcoin has ever hit and that will take time.
And with the price of bitcoin rising to $43k, this brings joy to a lot of people, especially those who buy bitcoins at $40k-$43k or higher, because it gives them hope that over time, the price of bitcoin will rise high.
If this is the target price you want, you can sell some of the bitcoins you have and wait for another correction or do you still want to wait for another high?
If so, fasten your belt because the price will surely swing again after this.
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If you keep on putting your money into fiat related stuff, you will end up with a big loss, even if you are "earning", you could be earning less than real inflation and lose value that way.Back to the topic, bitcoin's still having the sideways movement and exchanges are also having usual inflows and outflows. Surprisingly, almost 125 million worth of USDT is transferred from unknown wallet to binance, could be a institutional transection to buy more. Lets see what's gonna be happened in this weekend.
I guess the $40k barrier is not that relevant because we have broken it several times already.
Thats true. Its not surprising at all because it happened already few times, but still seeing the price above $40k is like a safe zone that we're not in bearish season since the price is recovering and its not cheap compared to previous years wherein the price is struggling to move upward.So probably most investors are used to seeing the price in $40k level after the last year's bullrun. If the price climb up to over $45k then its something to look forward for the next movement because it might be a start of another bullrun, well who knows.
so if you are asking for breaking 45k it is already done so i think that is not the barrier instead it is 50k in which we are looking to be broken , and if does then 60k will be taken again this year in 4th quarter.
Today bitcoin has reached $43k and a while ago i bought around $155 (0.0035 btc) and still got a price of $42760, i'm increasingly optimistic that march price will soon be at the level of $50k, keep buying and don't wait expensive because the bull run is coming soon .
Since you risked that 150$ buying Bitcoin in this sentimental time then why Not keep it for long term? and also we knew that there is no high opportunity for crypto this year as we have just passed a super increase in 2021 so best to let it sit in your wallet for the mean time(or at least 2-3 years from now)Cryoto currency was a safe one.While considering of bitcoin, it was safe with all access from you. If you had sync the google authentication. Based on the investments you will get profit from it. Now the price of bitcoin had crossed the value of 40k. It was surprise to myself. Because from the war, the price of bitcoin was struggled to reach this value and crossed of 42k dollars two days before.
just 2 days after the war Bitcoin reached 45k again so I see no reason why you need to be shocked for the price now?sorry but it seems that you are not paying attention to the market.
I guess the $40k barrier is not that relevant because we have broken it several times already.
Thats true. Its not surprising at all because it happened already few times, but still seeing the price above $40k is like a safe zone that we're not in bearish season since the price is recovering and its not cheap compared to previous years wherein the price is struggling to move upward.So probably most investors are used to seeing the price in $40k level after the last year's bullrun. If the price climb up to over $45k then its something to look forward for the next movement because it might be a start of another bullrun, well who knows.
Well, recent movement was happened because of an anonymous whale who closed his 120 Million worth short position and suddenly bitcoin spiked to almost 43k level. We might see another mini bull season or regular sideways movement just like previous weeks. 
However better not to be bollish when war is still going on as market would take correction again for it.
If people could get out of the current mindset and realize that the world's economy is going to shit, and crypto is the only way out if you want to protect your wealth, then we would do a lot better if you ask me. After all, we are talking about something a lot more decent here, it is a lot better than fiat and should be invested heavily if you want to protect your wealth. Doesn't mean that you shouldn't invest into anything else, it just means that it makes a lot more sense this way. However better not to be bollish when war is still going on as market would take correction again for it.If you keep on putting your money into fiat related stuff, you will end up with a big loss, even if you are "earning", you could be earning less than real inflation and lose value that way.
Since January 5, the price of BTC has fluctuated between $35,000 and $45,000, a relatively narrow range considering the currency’s track record of fluctuation.
Quote
As a result, this could be the start of a long-awaited period of stabilization for the market’s top digital asset.
Soruce: https://www.newsbtc.com/news/bitcoin-breaks-past-the-40000/
stabilization for what? the digital assets composes not Only of Bitcoin but also all the electronic currency provider so if this maybe a good hyping investment still people are afraid of this currency that their Fiat in digital wallets. Soruce: https://www.newsbtc.com/news/bitcoin-breaks-past-the-40000/
In several days, Bitcoin seems safe in the higher barrier, more than $40k.
But with the current situation, I myself sometimes still feel in a worrying situations. Bitcoin price may keep it positive trend in several days, but as we know as the previous one, once there is FUD again, this may break the bottom and get some deeper market correction again.
Although we must be more patient and wise to face the market, but worries wil be alwasy surrounding. That's normal imo.
However, at elast, let's enjoy the makret today and take every chance to gain profits
But with the current situation, I myself sometimes still feel in a worrying situations. Bitcoin price may keep it positive trend in several days, but as we know as the previous one, once there is FUD again, this may break the bottom and get some deeper market correction again.
Although we must be more patient and wise to face the market, but worries wil be alwasy surrounding. That's normal imo.
However, at elast, let's enjoy the makret today and take every chance to gain profits
Just be glad we surpass the 40k mark again. And the sentiments towards bitcoin is going stronger.
As many are finding its features favorable in times of crisis like the war in Ukraine, they are changing their perspectives towards it.
They are now seeing the benefits in crypto transactions. It may not be for all but a lot are benefiting from it.
The notion of scam towards btc, I believe, is lessening as more and more are learning the true nature of btc.
Cryoto currency was a safe one.While considering of bitcoin, it was safe with all access from you. If you had sync the google authentication. Based on the investments you will get profit from it. Now the price of bitcoin had crossed the value of 40k. It was surprise to myself. Because from the war, the price of bitcoin was struggled to reach this value and crossed of 42k dollars two days before.
In several days, Bitcoin seems safe in the higher barrier, more than $40k.
But with the current situation, I myself sometimes still feel in a worrying situations. Bitcoin price may keep it positive trend in several days, but as we know as the previous one, once there is FUD again, this may break the bottom and get some deeper market correction again.
Although we must be more patient and wise to face the market, but worries wil be alwasy surrounding. That's normal imo.
However, at elast, let's enjoy the makret today and take every chance to gain profits
But with the current situation, I myself sometimes still feel in a worrying situations. Bitcoin price may keep it positive trend in several days, but as we know as the previous one, once there is FUD again, this may break the bottom and get some deeper market correction again.
Although we must be more patient and wise to face the market, but worries wil be alwasy surrounding. That's normal imo.
However, at elast, let's enjoy the makret today and take every chance to gain profits
I do agree that 40k is a magical number right now and going above that and going under it happened so many times in a row right now. I believe that we should not be forgetting that it could go under 40k all over again as well. I am not saying that it will, all I am saying is that there is a chance for it to happen.
This is why I believe that we should be careful even during bull periods, even more so during bull periods even. Because when it is bear, you could buy at cheaper prices and there is a return from that, but if you buy during bull periods, there is a downside that would require you to have a lot more liquidity to cover that difference.
^ Based on the graph if we look into a repeat itself on BTC price, we are supposed to be in a bear market at this moment but we did not yet experience that, we are still considering the bull market since it is not yet down furthermore $30k in the market but yet, we are now in the range of $40k which has a strong resistance right after a correction. The barrier of $40K has been surpassed already and at this range, it seems like BTC will increase more than we expected. However, I did not see the good news that makes BTC will fluctuate and go up high but still the awareness of it keeps spreading and I think that is the reason the demand also was increasing too. For now, let us see what will happen next, if you are already invested, just wait until your profit were there and keep holding until it will reach the desired amount of profit that you want. This is why I believe that we should be careful even during bull periods, even more so during bull periods even. Because when it is bear, you could buy at cheaper prices and there is a return from that, but if you buy during bull periods, there is a downside that would require you to have a lot more liquidity to cover that difference.
I do agree that 40k is a magical number right now and going above that and going under it happened so many times in a row right now. I believe that we should not be forgetting that it could go under 40k all over again as well. I am not saying that it will, all I am saying is that there is a chance for it to happen.
This is why I believe that we should be careful even during bull periods, even more so during bull periods even. Because when it is bear, you could buy at cheaper prices and there is a return from that, but if you buy during bull periods, there is a downside that would require you to have a lot more liquidity to cover that difference.
This is what it makes more harder to make out some analysis on which the price had able to play in between this line whether going above it or go below or under it and taking for a while on making This is why I believe that we should be careful even during bull periods, even more so during bull periods even. Because when it is bear, you could buy at cheaper prices and there is a return from that, but if you buy during bull periods, there is a downside that would require you to have a lot more liquidity to cover that difference.
next movement which would really be giving out some confusions specially if you do go after for short term duration kind of trades.For now we are playing around 42k whether it would be heading
and breaking that 45k increment and goes up to 50k but everything would be still questionable or not assured for it to happen.
I do agree that 40k is a magical number right now and going above that and going under it happened so many times in a row right now. I believe that we should not be forgetting that it could go under 40k all over again as well. I am not saying that it will, all I am saying is that there is a chance for it to happen.
This is why I believe that we should be careful even during bull periods, even more so during bull periods even. Because when it is bear, you could buy at cheaper prices and there is a return from that, but if you buy during bull periods, there is a downside that would require you to have a lot more liquidity to cover that difference.
This is why I believe that we should be careful even during bull periods, even more so during bull periods even. Because when it is bear, you could buy at cheaper prices and there is a return from that, but if you buy during bull periods, there is a downside that would require you to have a lot more liquidity to cover that difference.
I guess the $40k barrier is not that relevant because we have broken it several times already.
The next big psychological barrier is $50k and that's what we need to take care of. We have seen the price going as high as $43k but that's it.
We need to push it further now just to have this sort of being bullish still alive although majority thinks that we are entering a bearish market. Market is still undecided up to this point, so the balance can still tip to being bearish to bullish if we can get at least $50k.
The next big psychological barrier is $50k and that's what we need to take care of. We have seen the price going as high as $43k but that's it.
We need to push it further now just to have this sort of being bullish still alive although majority thinks that we are entering a bearish market. Market is still undecided up to this point, so the balance can still tip to being bearish to bullish if we can get at least $50k.
This might not be the last time that we are going to break this barrier. We've seen it in the last 3 months if I'm not mistaken, we will go $30k'ish and then goes up again to $40k and after a couple of days, there will be a decline. So there should not be any surprises if that happens again. And yeah, we might see the price just fluctuating around $35k-$45k, but I would say that it might be a good range to buy, sort of the middle ground for some, not very cheap but at the same time, not that pricey, in my opinion.
This has happened several times during the last month that I do not think it is newsworthy anymore, now we need to concentrate on the price remaining above that level for some time, if bitcoin was able to keep those levels for at least a month I would think that we are in our way to see a slow recovery, but until then I think we can still see the price going below that level once again and maybe we could even see an important correction if there is another global event that disrupts the markets.
There is no reason for the price to settle, because if we depend on historical data, the last cycle was not completed by reaching the price of 100k, as we are still in the previous wave, which means that the price will be stable until we witness crazy rises that break the top of $70,000.
As for the reason for stability
Source: https://coinmarketcap.com/currencies/bitcoin/
As for the reason for stability
- There is no positive news for the price to rise
- There is nothing exceptional that makes the price high
- Geopolitical risks make it difficult to invest in high-risk assets.
- Bitcoin is at the same level of April 2021
Source: https://coinmarketcap.com/currencies/bitcoin/
Nothing guarantees it is not a part of a major bear trend. For example when in 2018 BTC was crushing from 20k we had a few breaks (as I remember at 15k, 10-12k, 7k and then it finally reached the bottom at 4k) and on every step people been hoping that this is the end of the trend and now it will go high. However, this thing may last for years.
Stop shilling links from that worthless site, and take some time to learn a few basic English words
A guy just made a typo. No need to point on that. We all see that you have found a great teacher in Ukraine and your english is perfect.
Soruce
Stop shilling links from that worthless site, and take some time to learn a few basic English words
A guy just made a typo. No need to point on that. We all see that you have found a great teacher in Ukraine and your english is perfect.
~
Price stabilization? I don't think so.I don't think that we are in a scenario where Bitcoin's price will be stable especially with its market cap only $800B. I still believe that it will be volatile. I think we what we are experiencing right now is the battle of the bulls and the bears to the point where we don't know which will win. If bulls win then it will go up and vice versa.
It was already stabilizing imo after it went back up from the dip that was around the $30k levels or so from its peak. I considered it as akin to building a new foundation after that new ath, after all, the market moved way too fast imo for the past year climbing up to borderline $70k levels at the start of 2021, then the same cycle with the new ath on November. When there's ups, there's also downs, so it wasn't really unexpected that we're met with a steady level right now.
Using Bollinger Band indicator with 1D timeframe, The 43K price of Bitcoin yesterday was the upper limit of the channel, The price experience a pullback after the solid green candle to 43K. The price needs to break that 43K barrier to open up for an uptrend channel or else the price will fall back again below 37K or worst if the sell pressure was too strong at that time. At this point, waiting for confirmation is the best way to gain profit on the next movement on Bitcoin price.
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