Bitcoin Breaks Past The $40,000 Barrier Again? - page 6.

davis196

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Price stabilization?Most likely not.The people,who are talking about Bitcoin price stabilization probably don't know how Bitcoin works. Grin

The price volatility of Bitcoin will last forever.
The Bitcoin price breaking the 40K barrier doesn't mean anything at all.The price went above 40K USD around 2 or 3 times in the last several weeks.I guess that the panic selling,which was caused by the war in Ukraine is most likely over,since we don't see any sharp 10% price drops of the BTC price.
I'm still optimistic about the upcoming months of April,May and June,but I don't expect another ATH during the spring.

Wexnident

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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.

btc78

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Eloncoin.org - Mars, here we come!

Quote from: franch on March 20, 2022, 08:22:44 AM

Bitcoin (BTC) reached an all-time high of $68,788 per coin on November 10, 2021.

Since then, the world’s most sought-after cryptocurrency has experienced extraordinary volatility, and the market has appeared reactive and fragile, with the Fear & Greed Index indicating a high level of doubt and uncertainty.

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.

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/

don't boost on that completely because the price will go up today or fall tomorrow , because the volatility of crypto is indeed the sign of how this healthy and worth investing.
and also at least 45k price will be stayed then i know there will be more dumping to come this year .
i never expect same thing happened in November last year but at least make 50k in the whole term of 2022.

Poker Player

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I just deny the premise, I deny that the $40K is a barrier.

Quote from: franch on March 20, 2022, 08:22:44 AM

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.

You say it yourself, if it is oscillating in that range, there is no barrier. There is a barrier at $69K for example, because the ATH is always a mark that when the price approaches it is difficult to beat because many people take the opportunity to sell and take profits.

I believe that nobody is clear about what is going to happen with the price this year, especially after the disappointment we had last year. There are many things that can influence: how the war in Ukraine evolves, inflation and the response of the central banks, etc. It is these facts that we have to look at to get an idea of where the price may go, and not some isolated lines of what happens in the real world...

Falconer

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Quote from: LFC_Bitcoin on March 22, 2022, 02:15:41 PM

We really need to break $50,000 before we can start thinking that the downtrend we’ve been in since late November is over. We’ve been floating around between $35,000 & $45,000 for ages. I’m not really interested in getting excited until we break out of that range.

We expect the same for bitcoin but perhaps this price increase cannot be confirmed as the next bullish start. This can be considered normal volatility where the price could still drop below $40K again as it was during a correction.

Of course we would expect bitcoin to rise above $50K and possibly break through another ATH in 2022, but it seems hard to expect ATH to happen 3 years in a row since December 2020.

LFC_Bitcoin

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We really need to break $50,000 before we can start thinking that the downtrend we’ve been in since late November is over. We’ve been floating around between $35,000 & $45,000 for ages. I’m not really interested in getting excited until we break out of that range.

Lucius

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Quote from: franch on March 20, 2022, 08:22:44 AM

Soruce

Stop shilling links from that worthless site, and take some time to learn a few basic English words Angry

Doell

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Quote from: Yaunfitda on March 22, 2022, 08:57:19 AM

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.

Yes, the price around 35K-45K should be as well utilized by traders and other holders. Looks very good, but maybe the ending of this q1 will be a little different. I think the new value might break 50K this time, because maybe the q2 will be a different journey, Just an opinion no intention to overtake the uncertain future.

Review Master

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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. Grin

However better not to be bollish when war is still going on as market would take correction again for it.

Yaunfitda

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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.

franch

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Bitcoin (BTC) reached an all-time high of $68,788 per coin on November 10, 2021.

Since then, the world’s most sought-after cryptocurrency has experienced extraordinary volatility, and the market has appeared reactive and fragile, with the Fear & Greed Index indicating a high level of doubt and uncertainty.

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.

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/

Topic: Bitcoin Breaks Past The $40,000 Barrier Again? - page 6. (Read 805 times)