Bitcoin can hit $50k? - page 3. | Bitcointalksearch.org

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38174 is the closing high on weekly bars so look for significance there in this move upwards. Its regained all of the Musk high so quite impressive hold of weekly average and recovery back to highs, beating the downtrend that was in play for this year.

Closing week here would be one of the highest ever but just on daily its impressive enough. 50 day average below is the counter and a target for value rather then this current momentum, we may need to keep cycling between these two to be gaining. It can get to 50k, theres not much reason to doubt BTC has that potential as its relatively close.

CapGelatik

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Quote from: BitcoinOfficialGroup on January 03, 2021, 03:47:25 AM

How do you think when the bitcoin price can hit $50k?

to get to $ 50k there is resistance that must be reached first and it needs a struggle right now because $ 42k is heavy resistance, Fomo must be stronger than this bearish trend, but the Bitcoin weather this time is still a Buy stage so there is a chance of $ 50k being reached, oh yes usually when everyone says that $ 50k will be reached in this year, surely whales will be playing with liquidation, be careful

batang_bitcoin

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Quote from: Rana590 on February 03, 2021, 01:53:55 PM

Bitcoin crossed $40k so it also has the ability to cross $50k. $50K is not so far from the current situation.

It's just $13k away from the rise. And last December to January first week, we've seen it cross quickly from new all time highs. No double thinking that it will take $50k very soon.

Quote from: Rana590 on February 03, 2021, 01:53:55 PM

The way the price of Bitcoin is rising is just a matter of time when it crosses $50k.

Yes, we will know if it's by the first or second week of this month or until the end of it. Whether it happens or not, it's still a lot of months to come but holding it will still make you profitable and just be patient.

Bitcoinislife09

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Quote from: BitcoinOfficialGroup on January 03, 2021, 03:47:25 AM

How do you think when the bitcoin price can hit $50k?

The 42k$ ATH is so close to 50k$ I think in no time we could easily hit that price soon when the market price pump again but for now it seems like there are companies selling their bitcoin-like mining companies maybe to reinvest or buy more mining hardware for a more profit as well as whales keeps the market price low and planning to invest in a lower price in BTC or get a good position. People will not be surprised if the market price hits 50k$ in the coming months no doubt about it or potentially even higher. The next pump we will reach that mark for sure when the resistance is already broken.

Rana590

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Bitcoin crossed $40k so it also has the ability to cross $50k. $50K is not so far from the current situation. The way the price of Bitcoin is rising is just a matter of time when it crosses $50k.

yohananaomi

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Quote from: Ultegra134 on January 22, 2021, 02:05:06 PM

Since Bitcoin's supply is limited to 21 million, and judging by the current all-time high at approximately $41.500, I would say it's highly possible. I don't want to exaggerate and say that it will certainly happen, but it probably will. I'd say it will happen in the next few months, Bitcoin will set quite a few, new all-time high records before reaching $50k.

To determine, of course it cannot be easy and difficult to do with the state of bitcoin that is rapidly changing, I can understand what you predict with bitcoin limitations, of course, a lot of demand will make the price rise by itself. the odds for the $ 50K that you think will happen a few months later could be sooner than expected, as bitcoin continues to make maneuvers that really lead to an increase. we wait patiently.

Mahanton

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Quote from: JahriMeayer on January 24, 2021, 06:28:25 PM

Its good if anyone having positive thoughts about bitcoin even also inspires people to buy and follow bitcoin rally like others are doing.you started this topic weeks ago, situation was pretty hard for bitcoin that time but bitcoin touched the last top and it refer,, going to $50k won't be big deal if somehow it able to cross again the $40k level and i believe, so will be occurred soon and bitcoin will able to hit the $50k milestone within very little timeframe

Price is on really a tug-of-war where it do play between 30k and 33k at the moment which its really hard to determine on where it would be going.

Or it would able to held up into its current price. 40k we should mind off first before breaking or touching 50k price.

We shouldnt rush though because that will really be just stressing us on that case. Its better to play with the movements to make profit.
It might be risky but really worth to try on.

JahriMeayer

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Its good if anyone having positive thoughts about bitcoin even also inspires people to buy and follow bitcoin rally like others are doing.you started this topic weeks ago, situation was pretty hard for bitcoin that time but bitcoin touched the last top and it refer,, going to $50k won't be big deal if somehow it able to cross again the $40k level and i believe, so will be occurred soon and bitcoin will able to hit the $50k milestone within very little timeframe

sarmrakib

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Quote from: BitcoinOfficialGroup on January 03, 2021, 03:47:25 AM

How do you think when the bitcoin price can hit $50k?

We were very close at this level on the recent past .I think you have noticed it has touched 40k$ couple of time so it was not so far from 50k$ .However the momentum is still on the up for btc and now its look like stable at the level of 32k$ so that we can expect one more trend to the that's how we can easily reach the level mark of 50k$.

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Quote from: FireBallex on January 24, 2021, 02:41:06 AM

The highest I've seen BTC goes was 47,000$ but I'm impressed that many are still buying when price was down at 30k days ago, the adoption is what will determine if Bitcoin will grow back to 50k I'm coming months, it's possible because bitcoin is now a big target for consumers, what I'm just surprised about is the silence of altcoins, if truly history has a role to play here I expected altcoins to be booming big right now

Sorry, but where did you see that BTC goes up to $ 47k?
According to coinmarketcap, the ATH for BTC was just under $ 42k and that's exactly what I observed on my exchange as well. It would be very interesting to know which exchange had such a big difference in price.

FireBallex

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The highest I've seen BTC goes was 47,000$ but I'm impressed that many are still buying when price was down at 30k days ago, the adoption is what will determine if Bitcoin will grow back to 50k I'm coming months, it's possible because bitcoin is now a big target for consumers, what I'm just surprised about is the silence of altcoins, if truly history has a role to play here I expected altcoins to be booming big right now

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Quote from: lukikato on January 23, 2021, 12:02:35 AM

when i saw the price i thought the price wouldn't reach $ 50k. maybe the price will come back $ 15k. if you look at ATH 2017-2018 Cheesy

That is probable but I don't think it will be.

With the price reaching that kind of height, if the price went down lower than $20K, for sure people would take it as an opportunity. I don't think it would even reach that kind of price lower than $20K. I am seeing the price in the near future at $50K and it might reach higher considering the demand and the adoption that would happen.

Pearls Before Swine

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Somehow I have a sneaking suspicion that bitcoin's going to get to $50k at some point in 2021. Just seeing myself type out those words is quite strange, because I had figured coronavirus would have cooled off the market for at least two years, and yet here we are with bitcoin still above $30k just taking a little break from the action.

It'll be even more likely if the states and other countries continue to get stimulus money, since I think a lot of the recipients of those funds are using them to gamble or invest or save for a rainy day rather than using it to buy food and that kind of thing. From what I hear, the US at the very least is in for another round of stimulus money, so it'll be interesting to see if my prediction comes true or not.

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Quote from: Yaunfitda on January 23, 2021, 05:41:16 PM

Quote from: KTChampions on January 23, 2021, 05:36:17 PM

Quote from: zeingrind777 on January 23, 2021, 03:34:00 AM

Bitcoin prices can hit up to $ 50K. But not anytime soon. Maybe after we cross the bear market and the price will bounce back up. and will likely exceed 50K. I don't know when that happened. But for sure Bitcoin will continue to increase in value as time goes by and more and more large companies are adopting bitcoin.

Despite the relatively large correction, the formal bear market has not yet started. Consolidation may well take place now and growth may continue after a while. To speak of a bear market, we must be in a downward phase for much more than a couple of weeks.

We are not in the bear market yet, and I agree that we are still in the period of consolidation up to the end of the month. I'm not expecting any sudden upward trend, just the usual trading sideways again. We have seen this in the past, just recently this is the bitcoin prior to the super fast rally leading up to $41k.

Is that pattern repeats itself in February, $41k can be surpassed again and set a new all time high at $50k. So it is still doable, but it's going to start next month.

I think the current price is still quite holding up at $31k in the last few days so it can't be said that a bear market sometimes a little bit more will happen.
For me this is an ordinary formal thing where traders start to panic a little and this can also be due to the influence of it, right now the trend is still happening but the bear market will not enter in the near future I only pay attention to the current decline not as severe as expected bear market continuously.
We still have hope in February if we can get through this challenge then bitcoin will still be over $50k maybe it will be easier.

Yaunfitda

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Quote from: KTChampions on January 23, 2021, 05:36:17 PM

Quote from: zeingrind777 on January 23, 2021, 03:34:00 AM

Bitcoin prices can hit up to $ 50K. But not anytime soon. Maybe after we cross the bear market and the price will bounce back up. and will likely exceed 50K. I don't know when that happened. But for sure Bitcoin will continue to increase in value as time goes by and more and more large companies are adopting bitcoin.

Despite the relatively large correction, the formal bear market has not yet started. Consolidation may well take place now and growth may continue after a while. To speak of a bear market, we must be in a downward phase for much more than a couple of weeks.

We are not in the bear market yet, and I agree that we are still in the period of consolidation up to the end of the month. I'm not expecting any sudden upward trend, just the usual trading sideways again. We have seen this in the past, just recently this is the bitcoin prior to the super fast rally leading up to $41k.

Is that pattern repeats itself in February, $41k can be surpassed again and set a new all time high at $50k. So it is still doable, but it's going to start next month.

KTChampions

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Quote from: zeingrind777 on January 23, 2021, 03:34:00 AM

Bitcoin prices can hit up to $ 50K. But not anytime soon. Maybe after we cross the bear market and the price will bounce back up. and will likely exceed 50K. I don't know when that happened. But for sure Bitcoin will continue to increase in value as time goes by and more and more large companies are adopting bitcoin.

Despite the relatively large correction, the formal bear market has not yet started. Consolidation may well take place now and growth may continue after a while. To speak of a bear market, we must be in a downward phase for much more than a couple of weeks.

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Quote from: lukikato on January 23, 2021, 12:02:35 AM

when i saw the price i thought the price wouldn't reach $ 50k. maybe the price will come back $ 15k. if you look at ATH 2017-2018 Cheesy

IMO, $15k is very much unlikely. Yes, there is the possibility that it can back and had a very rough pull back to that price but I don't think we'll see more of 50% pullback. We're already 10%-12% of the strip from the market and the scenario is likely that it'll recover first before another dip would come.
If another dip comes, it's likely $25k-$30k.

globalpain

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So far the Bitcoin price can still hold above $ 30k, this shows that strong support is happening there,
either $ 50000 will be reached in the near future or will retest to support again, but Grayscale and Microstrategy always buy Bitcoin when the price is correcting, isn't this bullish for bitcoin ?, yes of course! HOLD and you will be happy .

Kocret02

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Quote from: BitcoinOfficialGroup on January 03, 2021, 03:47:25 AM

How do you think when the bitcoin price can hit $50k?

that's a good and fair thing for bitcoin. but the simple question is, when will that bitcoin price $ 50k. looks like it takes a long time and a long process. because currently bitcoin is undergoing a correction and the price has fallen closer to $ 30k. there has to be a very hard pump to be able to reach $ 50k

zeingrind777

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Bitcoin prices can hit up to $ 50K. But not anytime soon. Maybe after we cross the bear market and the price will bounce back up. and will likely exceed 50K. I don't know when that happened. But for sure Bitcoin will continue to increase in value as time goes by and more and more large companies are adopting bitcoin.

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