Topic: Bitcoin can do 30k$ this month? (Read 1152 times)

Penetrating or breaking that 28k resistance didnt really took so long on which its just a matter of few days or weeks as far as i remember where the price do able to test out for having a breakout.
Unlike when we are playing around 25k which there's really a strong selling pressure on these points. We've reached out 30k then whats next? +-5k increments? Which would really be that common.
Since we are now playing or hovering around 30k then the next target would be up but im really that expecting for some short position which i would be considering on putting it on later.
Im just waiting for some confirmation on TA's plus having a little mix of FA's.

surprise after holding out for a long time at $ 28K and since 11/04 it has been able to penetrate $ 30K, even though it fell for a while but soon returned above $ 30K, hopefully this is good news that can make bitcoin continue to move up from now on. as you said that bitcoin has penetrated the initial barrier hopefully with that there will be even better movement to be able to increase or at least be able to stay at $ 30K for a long time so that when there is an opportunity to increase it will be easy. we will wait for the next few days towards the end of April this year.

This seems like good news because at the moment the bitcoin price has managed to break through $30k, even though it is only a little over $30k but at least the bitcoin price can last quite a long time above $30k. as we know several times bitcoin failed to penetrate $ 30k and $ 30k seemed to be a barrier for bitcoin to reach a higher point. now that bitcoin has broken through that barrier and it is likely that we will see another more significant increase in price.

Now the price has penetrated more than $ 30k, and this has at least given the brand a bit of good profit for investors, traders or including treaders, and this is still volatile in an upward trend even though it has no potential to be too high because in the near future there will be an upward movement accompanied by minor corrections.


A good advantage for them for the risks they are prepared to face, at least these traders are not burdened by the actions they have taken long ago, we say they are lucky even though they are accompanied by risks, because in my opinion this leverage action is 50 - 50 , are in the middle, in the sense that they will profit, and vice versa they will lose at the risk.

It is always a good idea to conduct your own research before taking any investment decision, as you know your financial situation and risk tolerance level better than anyone else. As far as Bitcoin current situation is concerned, it has displayed impressive performance since beginning of current week. The lower CPI data announced yesterday was also also positive for the market. FOMC meeting's minutes will be released today which is likely to be in line with market expectoration, which can potentially drive the price even higher.

DYOR is the best way out and I've always implored people to be their own speculators, which will help them so much to know when they buy, and sell and not to do anything at all. Bitcoin has moved past my expectation in the first quarter of 2023 and might even move beyond my pegged level for the year at $35k. This is because inflation that plagued the coin since 2021 has been subsiding since the last quarter of 2022, therefore Expect a more bullish run over time.

Still, my concern is that many people are still hesitant to buy it as some believe in some sort of cycle that it will still sell more before buying in 2024 as they are desperately waiting for halving.

Yea, it will be good for the crypto market as a whole but I have a gut feeling that bitcoin might touch 25K again very soon. The main reason for my argument is that it's been a long time since Bitcoin price is not dumped and secondly, there are a few CME gaps below which need to be filled.

Bitcoin price has been on the rise ever since it has crossed 20K and we are yet to see a major pullback. Yes, there were times of consolidation, but a pullback is needed for a healthy and sustainable move.

Yes I know but since the jump in price was so sudden I thought that some news must be circulating that have caused that instant price appreciation. But it seems that the market still is a bit careful given that we have so many proofs now regarding bank failures in the US as well as in Europe. If market participants were to unanimously consider Bitcoin the safe haven shouldn't we already be experiencing much stronger bull market sentiment?

Right now it does look healthy and it is all good, I guess nobody can complain unless you are still trying to build you stack, but does the crisis first has to hit hard before more people start to shift part of their assets into Bitcoin? Everybody should know by now how that can end as we have seen in the past.

The jumps in price are still relatively moderate compared to what we have seen in the past. Although it comes to my mind that this might be much healthier than a frenzy like we have seen it in 2017 and 2020.

The main reason is the declining trust of the US dollar and people are scrambling to find safe heavens and BTCitcoin is one set asset that will gain momentum during uncertain financial conditions and the failure of US banking sector proves the importance of having a decentralized financial system and more people are identifying them and hence more investment are coming into this sector.
Integrating LN to a CEX is definitely not the reason for the rally

And with that, this is the highest we've been since last year, and it's good to see that we are back in this range. However, I'm still not confident that it will sustained or maintained this price. It's a short burst to $30k, I wanted to see a slow price movement. And from as high as almost $30,500 now the price is around $30,100.

So let's see how it goes, for sure majority of us has been caught by surprised by this sudden increased in price and could have been selling at this price to get instant profit as we've almost double the lowest low of $15,500 last November.

We still believe in the history of the 4-year cycle, we don't conclude that it will be a full bull this year there will be a little resistance to bearish but for the halving ahead, we can estimate that prices have started to rise again to their peak.

This is a new point because bitcoin has reached the price predicted in the previous month but there is still some hope that in the future the price can exceed now and after that it will correct again so don't be surprised when it reaches $30k then returns to the price all because this often happens in the previous few months, we have to prepare when the price starts to fall again.

I think the year when it reaches $50K is already a good target whereas if it exceeds the desired level in the following year then history cycles faster, but from us in 2025 is the right time of year to be truly bullish.

OP, the question was not if this Month (or whichever)... after the first third of the year, the question was; it will happen this year, because it was getting difficult, let's hope the price sustains (difficult,!,?) and we begin to level the 30k "floor".

It is interesting to say that since Jun 10, 2022 ($30,110 source: CMC) that 30k barrier it had not been overcome.

Personally I wouldn't say it's struggling to hold $30K, bears are struggling to push prices lower right now. All I see is consolidation at the highs for the past 12 hours. Personally I'm more inclined to think that price will push higher towards the top the potential resistance range (previous support) around $32K, maybe even $34K if we see a continued breakout. Given the weeks of consolidation, there can be the momentum.


Bare in mind that while altcoin prices are increasing, they are generally failing to keep up the with Bitcoin, similar to the 2019 recovery. Bitcoin's market dominance is now breaking above it's 2 year range.


As I said I think $32K / $34K is realistic for the month. I'd expect price to go a bit higher before a pull-back, as since the consolidation below $29K, price has only so far increased by 5%. Also after yesterday's strong Daily close, the move to the upside into the $30K range doesn't look like a fake-out to me, even if not supported by strong volume. This likely means there is more volume to come, that is more likely to be bullish.

Either way, now that price has reached $30K it looks like $25K could well act as new support if we see a correction in the coming days. It was previously strong resistance that should theoretically turn into new support, even though it wouldn't be particularly a big correction at only -15% (compared to the -20% from $25K to $20K that remained bullish). Either that or more of -24% correction to $23K where we saw a lot of volume.

The bear market is over, it's time for us to have a vacation or do what we like, I'm sure this month the price will continue to rise and can touch at least $40k, don't check the price too often, better focus on the goal of getting big profits.

It is correct that Bitcoin experienced persistent downtrend during the year 2022 but market began getting better in the 1st quarter of 2023 when FED revisited its monetary policy, and consequently  interest rates were increased at a lower rate due to decrease in CPI, and this development generated  positive sentiment in stocks and Bitcoin markets.

As of now, Bitcoin has started showing its real color and yesterday its price soared more than $1000 and currently it is trading around $30,170 which exhibits positive sentiment of market.

Today the price has reached $30k and almost a year back to the $30k level, hopefully the price will continue to rise and this year it can reach at least $100k, I believe today many are panic buying because more and more are optimistic that the market will continue to rise, and I'm glad I still managed to buy around $140 when it was $28k, but I'm not going to sell now as the potential price looks like it will continue to go up.

Finally the price cross $30k for the first time since it dump, the price is still struggling to maintain the $30k price as I checked the market few minutes before writing here and Bitcoin is just few dollars above $30k. I don't think it can hold unto this price until the weeks ends. The price might dip a little to below $30k but it would recover back quickly.

This price is a very good news for the market and altcoins are already pumping due to this news of Bitcoin reaching a new high from the bear market low. With $30k reached, do we think we can expect the price to reach $35k before the end of the month or should we be expecting some major correction?.

I'm thinking BTC will be going up too for a quite a while, although it could dip again or remain steady. I think the world is now recognizing the value of BTC especially in light of discussions around dedollarization and CBDC talk.

BTC investors get some relief because break out $30,000 finally.
It will go up. Then go down again. Then up. Cycle will continue.

Yes, finally, bitcoin hit $30k, which we were expecting in March but didn't happen. We have every right to expect even higher highs in the coming days, but don't be too subjective that bitcoin will not be able to fall back, falling below 20k is very difficult but not impossible, so be careful.

If we believe that the 4-year history will repeat itself, then we are only halfway through the bear season, which means they are far from the bull season. So I will be careful even though we are having a green season in the market.

Price of Bitcoin just hit $30,000 few hours ago, showed that before the end of this year 2023 both long term and short term investors will definitely experience $50,000 for them to recover from their losses. It was a great celebration when the price of Bitcoin hit $30,000, because many investors has been expecting the price to increase to that amount before they can sell to make a good income. I don't think, the price of Bitcoin will decrease to $20,000 this year because the bullish season is almost here for those that invested some years back to use the opportunity to achieve something special from their investment.