Well its possible. It started to rally as soon as these banks have started to implode. The fed did what they could. So did the Swiss national bank. So did other banks by depositting money into FRC. And look where the market is today, they are all still tanking. There is still fear. The economy is broken.
So people are putting some money into bitcoin since with bitcoin you don't deal with these issues such as fractional reserve banking. Look how messed up the fed balance sheet got last week due to all this mess. The next few weeks are going to be very volatile.
Topic: Bitcoin can do 30k$ this month? - page 10. (Read 1248 times)
Of course I'm also optimistic that March can reach $ 30k, the 12th will be a new record because the price rises more than 18%, if the next 3 days can be like today which rose 6% then the price of $ 30k will be reached, we'll see if there will be a positive trend continues.
Hopefully, bitcoin can pump up to $30k and get a little correction, then continue pumping up to $35k 
For now, I see that there is a possibility that the price will continue to increase towards the $30k price, but I don't think it can be achieved soon because somehow the bitcoin price has to pass the $27k-$30k price, and that will also take time. But it looks like we have reached $27k at the moment. Even though the price may not increase fast but in the future, it will reach $30k. So take your time to withdraw profits, and if you still want to wait for a higher price, you can hold on to your bitcoins.
For now, I see that there is a possibility that the price will continue to increase towards the $30k price, but I don't think it can be achieved soon because somehow the bitcoin price has to pass the $27k-$30k price, and that will also take time. But it looks like we have reached $27k at the moment. Even though the price may not increase fast but in the future, it will reach $30k. So take your time to withdraw profits, and if you still want to wait for a higher price, you can hold on to your bitcoins.
Mike Novogratz, a bitcoin bull and billionaire, is confident about BTC’s sudden price increases. He believes BTC could hit $30,000 in the coming weeks, and he’d be extremely happy if the coin stayed at that price through the end of the year. 
He continues to campaign for his strong belief in bitcoin and that was revealed in an interview some time ago, he said: the credit crisis that hit America due to the collapse of several large banks would certainly have a bad impact and now is an opportunity for us to buy bitcoin and gold, what he said it makes sense in my opinion and the bullish situation that is happening now can be a good sign for bitcoin to move up, even though there are no strong bullish signs yet, many analyzes seem to be more inclined to predict that bitcoin will be able to reach a higher price in some time forward.
Mike Novogratz, a bitcoin bull and billionaire, is confident about BTC’s sudden price increases. He believes BTC could hit $30,000 in the coming weeks, and he’d be extremely happy if the coin stayed at that price through the end of the year.
I am now beginning to think that every time a country's central bank injects a big amount of money in the circulation, a slice of it will always go to Bitcoin. So this step which is done by all central banks, especially recently with the economic conditions of countries falling due to the pandemic, Bitcoin will somehow benefit. There's a double effect, in fact. Fiat will weaken because of the additional supply and the demand for Bitcoin increases.
I get news from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining almost $1,000 versus overnight lows of $24,229 on Bitstamp.
The pair remained buoyant as news hit that Switzerland’s central bank was due to inject $50 billion Swiss francs ($53.8 billion) into the embattled Credit Suisse, shares of which added 40% on the day.So whats about you ? Bitcoin can pump 30k or down again 20K
Source link https://cointelegraph.com/news/bitcoin-returns-to-25k-as-credit-suisse-bailout-precedes-eu-rate-hike-move
The pair remained buoyant as news hit that Switzerland’s central bank was due to inject $50 billion Swiss francs ($53.8 billion) into the embattled Credit Suisse, shares of which added 40% on the day.So whats about you ? Bitcoin can pump 30k or down again 20K
Source link https://cointelegraph.com/news/bitcoin-returns-to-25k-as-credit-suisse-bailout-precedes-eu-rate-hike-move
- You are doing your speculation about bitcoin, people like that in this community are funny, it just went up a little as if you think that the rise will continue immediately. You seem to forget that Bitcoin is volatile.
I know even if the long term holders increased by 30k$, is that not 100% satisfied, because their aim may be 100k$ each or more, although it is a sign of good news, especially now it is almost 27k$ each and It's really good but I can't say we're bullish. It can be yes and it can be no.
I get news from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining almost $1,000 versus overnight lows of $24,229 on Bitstamp.
The pair remained buoyant as news hit that Switzerland’s central bank was due to inject $50 billion Swiss francs ($53.8 billion) into the embattled Credit Suisse, shares of which added 40% on the day.So whats about you ? Bitcoin can pump 30k or down again 20K
Source link https://cointelegraph.com/news/bitcoin-returns-to-25k-as-credit-suisse-bailout-precedes-eu-rate-hike-move
The pair remained buoyant as news hit that Switzerland’s central bank was due to inject $50 billion Swiss francs ($53.8 billion) into the embattled Credit Suisse, shares of which added 40% on the day.So whats about you ? Bitcoin can pump 30k or down again 20K
Source link https://cointelegraph.com/news/bitcoin-returns-to-25k-as-credit-suisse-bailout-precedes-eu-rate-hike-move
Injecting additional money to assist downfall bank will not gonna change the outcome in the long run. The debt will just keep increasing since everyone is affected by the inflation. This kind of reaction of Bitcoin price to this news is scary. It shows how people is just buying the news without thinking of its true effect in the market.
One bad news needed to collapse this kind hype. Traders is literally playing with fire on banking shit condition right now. Feds keeps printing money that will surely fuel the hyper inflation faster. Brace yourself on what’s coming next.
Bitcoin was in a downtrend for long, which means that the current price levels are not representing a fair price anymore. We will see if downtrend is reversed and we can return to normal levels 30-40k
Bitcoin has gong up breaking its long bearish trend. Right now it's on 26k and speculations are that it may go to 30k from here on. TBH I have seen bitcoin going up and down in past and based on my analysis there is no way we can predict future price of bitcoin. Its best to buy bitcoin when it's down and then wait for bullish season. Just stop following news that bitcoin is going to moon next week.
Who can tell? But since the price at this point is almost $27,000, I would say $30,000 is more probable than $20,000. Of course, $30,000 is nearer, and it seems Bitcoin has gained a nice momentum ever since it recovered from that unexpected fall below $20,000. Although we may see $20,000 anytime within the month, if I will make a bet, I would happily place it on $30,000. I'm particularly amazed that even with what happened to certain banks that are crypto friendly and with USDC depegging, Bitcoin remains strong.
If we are to go by the news feeds amd updates regarding bitcoin price, many have made alot of wrong predictions that makes no difference in determining the outcome to what bitcoin price gives, bo we have to personally sit down and take a look in the the full dimension of how bitcoin price move by giving it a closer speculation onbthe chart flow and by comparing other events from the past on exact dates, this will help us detive out something more tangible than going by every distractions we heard from the news feeds everytime.
It is good you made your analysis together with that you studied with. Let me tell you no body has the sole prediction of the market trend, anything can happen at anytime. So therefore trade with caution. Have you not heard and seen predictions that went sour with the predictors but as a smart trader, what is expected of you is to collect profit as many times you can while the market trend lasts in that direction because it would not go that way for too long. So therefore, to be on the safe side, it is best you collect profit at every point in time while others keep looking at the market prediction. I pray for steady increase so I could keep taking profit.
Can the price reach 30K this month? We have a strong resistance point at $26,000, but do not forget that the Fed may not raise interest rates during the March meeting in the coming days, which means we may witness a 3-5% recovery, which may lead to breaking the top of $26,000.
If this happens, 30,000 are confirmed before the end of the month.
And that is a huge reason to believe that bitcoin can go up to 30k by the end of this month.
Based on my technical analysis, looking at the weekly candlestick chart, this price increase is not sustainable and the bullish momentum is relatively weak. Therefore, it will be difficult for BTC to reach the $30k level. I predict that BTC will return to the $22k level in the next 1-2 weeks.
We already have consolidated around $25k, so it we fail to hold again then we can go down to $22k as you have predicted.
But if we go a and still make a run to $27k as we just touch it a minute ago, then maybe $30k is doable this month. So the target could be around $28k-$32k as the upper limit this month.
Seems optimistic with Bitcoin will reach to $30,000 this month looking on current price nowadays above $26,800, expected more than $30,000 for Bitcoin will reach price and seems around $35,000 until $40,000. Less bad news almost one month although Bitcoin ever dropped to lower price under $20,000 because can't break out above $25,000 in twice moment.
Looking on current price after break out from $25,000 and almost reach until $27,000 seems up coming next week potential for Bitcoin break out to the higher price. Many people are waiting for Bitcoin back to higher price after crashing last year and seems this year have positive feedback and indicate with Bitcoin having good price.
Looking on current price after break out from $25,000 and almost reach until $27,000 seems up coming next week potential for Bitcoin break out to the higher price. Many people are waiting for Bitcoin back to higher price after crashing last year and seems this year have positive feedback and indicate with Bitcoin having good price.
This post should be on Speculation board. I will advise you to move this post there.
Comments: There is a huge possibility to reach Bitcoin 30k $ very soon as per technical analysis. But you have to keep trust on Bitcoin and should never do trading without proper analysis.
Comments: There is a huge possibility to reach Bitcoin 30k $ very soon as per technical analysis. But you have to keep trust on Bitcoin and should never do trading without proper analysis.
Based on my technical analysis, looking at the weekly candlestick chart, this price increase is not sustainable and the bullish momentum is relatively weak. Therefore, it will be difficult for BTC to reach the $30k level. I predict that BTC will return to the $22k level in the next 1-2 weeks.
I see that such analyzes follow the price, meaning that the price has risen. You will notice positive analyzes and vice versa. Therefore, as a trader, you should not try to follow them because they will increase your greed or fear, and both feelings are disastrous for your investment decisions.
Can the price reach 30K this month? We have a strong resistance point at $26,000, but do not forget that the Fed may not raise interest rates during the March meeting in the coming days, which means we may witness a 3-5% recovery, which may lead to breaking the top of $26,000.
If this happens, 30,000 are confirmed before the end of the month.
We can break through the 26k level to mislead, but after reaching 28-30k, turn around and go far down. I don't pay much attention to such forecasts, because they are not very important for my strategy. I keep buying bitcoin every week, it's my long-term investment and I don't worry too much about local bitcoin price movements.Can the price reach 30K this month? We have a strong resistance point at $26,000, but do not forget that the Fed may not raise interest rates during the March meeting in the coming days, which means we may witness a 3-5% recovery, which may lead to breaking the top of $26,000.
If this happens, 30,000 are confirmed before the end of the month.
Globally, we are still at the bottom, and this is a clear sign to me that we are still in an area that is suitable for accumulating bitcoin for a long-term investment. Such analyzes may be of interest to short-term traders, in which case you need to follow the trend.
I see that such analyzes follow the price, meaning that the price has risen. You will notice positive analyzes and vice versa. Therefore, as a trader, you should not try to follow them because they will increase your greed or fear, and both feelings are disastrous for your investment decisions.
Can the price reach 30K this month? We have a strong resistance point at $26,000, but do not forget that the Fed may not raise interest rates during the March meeting in the coming days, which means we may witness a 3-5% recovery, which may lead to breaking the top of $26,000.
If this happens, 30,000 are confirmed before the end of the month.
Can the price reach 30K this month? We have a strong resistance point at $26,000, but do not forget that the Fed may not raise interest rates during the March meeting in the coming days, which means we may witness a 3-5% recovery, which may lead to breaking the top of $26,000.
If this happens, 30,000 are confirmed before the end of the month.
$30k though might be too much of a stretch right now?
Maybe the best that we can speculate is to reach $28k or at least get past $25k because that is the biggest mental barrier that we need to overcome. And then after that we talk how far the price can be this month. But not to exaggerate predictions, $28k might be good for end of this month. We don't want artificial pump because what follow next might be a huge dump, in my opinion.
Maybe the best that we can speculate is to reach $28k or at least get past $25k because that is the biggest mental barrier that we need to overcome. And then after that we talk how far the price can be this month. But not to exaggerate predictions, $28k might be good for end of this month. We don't want artificial pump because what follow next might be a huge dump, in my opinion.
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