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Topic: Bitcoin current stage and price - page 2. (Read 849 times)

legendary
Activity: 2716
Merit: 1383
August 17, 2021, 11:31:35 AM
#75
This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?
Now I can say that you are speculating it right, the price of Bitcoin had surpassed already at $45k, currently near to reach $50k. I see the market resistance keeps on pushing high and not only for Bitcoin but also into major altcoins. I was thinking now for another ATH record before year-end. Maybe I was wrong or right but still, I'm going to hold some of my cryptos while selling some for assurance. We couldn't deny the volatility of the market so it was good to secure some funds.
I think that at this point it is very obvious that we are going to reach another all time high during this year and to me that is still a very conservative estimate about what the price of bitcoin can do, I really think that there is a very high expectation that bitcoin is going to skyrocket at the end of the year and if bitcoin at that time is close enough to the all time high then we will see massive hype building up and easily reaching that price and not only it will reach that price but it will surpass it easily.
member
Activity: 498
Merit: 56
Buzz App - Spin wheel, farm rewards
August 17, 2021, 04:21:28 AM
#74
This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?

The market is looking well at the beginning of the year and till date, bitcoin conditions have also affected the market rate, people are waiting for the next bitcoin move assuming stable market conditions, this week expectations are high again in the market and this is to be expected from the initial scenario.

But everything that happens in the market, it's not necessarily bitcoin can survive or vice versa, but if we examine further the possibility to survive or even rise is even greater, it is likely that bitcoin will be at its highest number by the end of this year.
hero member
Activity: 3010
Merit: 666
August 16, 2021, 10:43:03 AM
#73
This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?
Now I can say that you are speculating it right, the price of Bitcoin had surpassed already at $45k, currently near to reach $50k. I see the market resistance keeps on pushing high and not only for Bitcoin but also into major altcoins. I was thinking now for another ATH record before year-end. Maybe I was wrong or right but still, I'm going to hold some of my cryptos while selling some for assurance. We couldn't deny the volatility of the market so it was good to secure some funds.
full member
Activity: 840
Merit: 126
Welcome back 🙏
August 16, 2021, 07:10:35 AM
#72
This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?
I think If bitcoin stays above $40k for a week, it's likely that the uptrend will increase. Bitcoin may fall back into the mid-range around $36k, or lower before the rally continues. So let's see how things go later this week or at least next month.
Broo current price of bitcoin is 47k USD, way above 40k and i dont see it going down less that 40k USD now and i am expecting it to cross the 50k $ mark this
week easily. It is in a uptrend and it will cross 50k usd easily.
full member
Activity: 2590
Merit: 228
August 15, 2021, 11:40:16 PM
#71
This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?
i think that this whole month will be a calm trend for bitcoin as the movement might happen in the 4th quarter in which will happen after this month of august so basically the movement we are seeing is at least normal growth and drop for the time being.
though no one can expect what will happen until it comes .
but i am not losing faith that another ATH will happen before this year ends.

hero member
Activity: 1344
Merit: 540
August 15, 2021, 09:10:20 PM
#70
Unfortunately, you are wrong, BTC goes down again to $45k.

However, we have the weekend dips, so it's but normal. The more interesting break out should happen on Monday, for sure speculators and traders are going to be busy as it will fight it out again in the market, will be bulls continue to dominate the market and shorters getting REKT big time again? Remains to be seen.

The market is already on a bullish phase, but with few minimal dips and get goes on again for that big barrier of $50k this month.
I do not think that Monday will be the day when this happens, I believe that it will be around Wednesday or Thursday when it happens. I know that's too much of a specific date to give for something as volatile as bitcoin, we could be 50k+ today if bitcoin goes into berzerk mode and we do have those kinds of stuff all the time. However what we should be focusing on is not the fact that bitcoin dropped or increased, but more about how bitcoin takes a while to go up.
What I meant is that on Monday (today), we will have a good bounce from $45k, which is happening right now as we have move up to $47k. And then we will attempt that $48k wall and see how it pan out.

So, I agree with you that this was a weekend drop and it always happens, this is basically something we should have seen beforehand, but I do not think that bitcoin recovers right away on Mondays, it takes a few days, which means Wednesday or Thursday, even maybe Friday who knows? And that is why I gave a specific day, it could be a bit different, it could be Monday, it could be no increase whole week, I am not a wizard I do not have a magic 8 ball in my hand, I am just guessing like everyone else.
Right, just the weekend dip, but today is Monday, which is a good time to see a bounce which eventually happen. $50k can wait up to the end of the month. What's important is that the bullish phase is still continuing and that's what important for us. No worries about you prediction, everyone is just making a wild and educated guess, just like you and me.
hero member
Activity: 2688
Merit: 588
August 15, 2021, 03:20:25 PM
#69
Unfortunately, you are wrong, BTC goes down again to $45k.

However, we have the weekend dips, so it's but normal. The more interesting break out should happen on Monday, for sure speculators and traders are going to be busy as it will fight it out again in the market, will be bulls continue to dominate the market and shorters getting REKT big time again? Remains to be seen.

The market is already on a bullish phase, but with few minimal dips and get goes on again for that big barrier of $50k this month.
I do not think that Monday will be the day when this happens, I believe that it will be around Wednesday or Thursday when it happens. I know that's too much of a specific date to give for something as volatile as bitcoin, we could be 50k+ today if bitcoin goes into berzerk mode and we do have those kinds of stuff all the time. However what we should be focusing on is not the fact that bitcoin dropped or increased, but more about how bitcoin takes a while to go up.

So, I agree with you that this was a weekend drop and it always happens, this is basically something we should have seen beforehand, but I do not think that bitcoin recovers right away on Mondays, it takes a few days, which means Wednesday or Thursday, even maybe Friday who knows? And that is why I gave a specific day, it could be a bit different, it could be Monday, it could be no increase whole week, I am not a wizard I do not have a magic 8 ball in my hand, I am just guessing like everyone else.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
August 15, 2021, 06:32:18 AM
#68
In my opinion, the price of BTC is currently experiencing a breakout and is on the rise at the moment. BTC maintains a good rally in the $49k to $52k price range. But all these scenarios happen if BTC can get past $45k.
That's pretty easy to see and it's a no-brainer that it's rising up, the prices are mostly positive by the end of the year so there's no chance that your opinion is wrong. I think it's going to be the same as the last time when it hits 45k USD.
hero member
Activity: 1344
Merit: 540
August 15, 2021, 06:28:24 AM
#67
In my opinion, the price of BTC is currently experiencing a breakout and is on the rise at the moment. BTC maintains a good rally in the $49k to $52k price range. But all these scenarios happen if BTC can get past $45k.

Unfortunately, you are wrong, BTC goes down again to $45k.

However, we have the weekend dips, so it's but normal. The more interesting break out should happen on Monday, for sure speculators and traders are going to be busy as it will fight it out again in the market, will be bulls continue to dominate the market and shorters getting REKT big time again? Remains to be seen.

The market is already on a bullish phase, but with few minimal dips and get goes on again for that big barrier of $50k this month.
legendary
Activity: 2716
Merit: 1383
August 14, 2021, 12:44:38 PM
#66
This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?
It did broken that 45,000 level but stagnant on that price for week now. assuming that the price will hit 50k then what is the next resistance 55k? but yes if this 55k will be taken then surely we will make another run from ATH of 64,000
I was in profit even at 28k, I bought a lot earlier during April 2020 a bit after it crashed, and I kept buying so it increased eventually but I am still around 10k purchasing average, so I am not doing bad at all. However I am not going to sell, nor I am getting excited about more and more profit right now. Not everyone who doesn't sell means that they believe it will be 100k soon, I do not think that we will see 100k at least another year or so, but I am still not selling nor doing anything.

The only reason I am not is I belong to few people who are called "long term investors", I am sure you heard of us, we are not "greedy" about the price going up, we do not have any rush, we believe in bitcoin and in general crypto and we think it will certainly be 100k or 200k or even a million dollars and we do not have any rush to see that happen, I can wait 10 years if required, it is fine.
And believe it or not that is precisely the kind of mentality that you need to reach the success that so many newbies dream of, it is kind of ironic that the ones that are not 100% concentrated in making money in this market are in fact the ones that are going to make the most money, just keep doing what you have doing during these years and you are going to become incredibly successful, probably more successful than whatever you could dream of.
full member
Activity: 671
Merit: 104
Buzz App - Spin wheel, farm rewards
August 12, 2021, 12:56:03 PM
#65
In my opinion, the price of BTC is currently experiencing a breakout and is on the rise at the moment. BTC maintains a good rally in the $49k to $52k price range. But all these scenarios happen if BTC can get past $45k.
member
Activity: 574
Merit: 25
August 12, 2021, 12:18:08 PM
#64
Personally I'm just happy that the price is holding its own above the 40k level, we spent a lot of time below that level and many people began to become very bearish thinking that the market was not going to recover for years, but I'm glad that we are above that level after just a few months, however I do not really think that the price is going to skyrocket until we get close to the end of the year as the hype at that moment is going to be at the highest and the whales are going to take advantage of this and manipulate the market so they can earn even more money at the expense of newbies.
That's what I am feeling right now, I am happy that it is staying above 40k. I do not need to see it over 60k again, that is not really a priority for me because I do not care about that, but I do care about the fact that price is staying above 40k.

People need to realize that holding above 40k means a lot, and if it stays above 40k that makes the 40k+ period longer and longer, 1 day staying here means more days later on. Why is that? Because more and more people withdraw their selling price at top and add in a lot more buying at lower prices and that makes it harder to drop the price, that is a great thing and the wall building under the 40k level grows every single day, the more it grows the better it will be for all of us. I personally like not dropping more than I like going up because as long as price stays high, that means only direction will be either staying or going up, that is a lot more important.
I have in fact the very same thought process, people are always concentrating themselves on the price going up and I get it because who doesn't want their assets in which they invested to go up in value, however it is way more important to stay above the resistance level and the reason behind this is that it is widely known that once you surpass a level like that then it becomes the new floor for the price, so I do not really expect the price of bitcoin to go below this level, which means that there is only one direction the price can go and that is up.

the market is a little fluctuating today, some other altcoins are down a few percent, now holding between $43,000 - $44,000. previously yesterday had penetrated $ 46,000. can tomorrow be bullish again? for this I have a hard time predicting, for this week's closing price to what price I can't be sure.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
August 11, 2021, 01:40:48 PM
#63
The current stage of BTC is somewhat bullish, of course it is normal for some corrections to occur, but those are necessary corrections for many whales, traders and investors to buy, as well as an opportunity for those who like to buy alts, the direction of BTC targets $ 50k, for now in the short term this analysis shows the following:


Quote
Over the past night, the pair recovered to the resistance of $46,000 and, today, the bulls might try to continue their run to the level of $47,745. A new monthly high should be expected around $48,000.

Bitcoin is trading at $46,467 at press time.
Source: https://u.today/btc-eth-and-xrp-price-analysis-for-august-11

As the trend is merely bullish in the short term, it is a good opportunity to buy, however, we must not rule out that a bearish attack can happen, in my personal opinion in case BTC falls in price it would be ideal to leave it in HODL mode, since BTC is a safe investment.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
August 11, 2021, 01:23:23 PM
#62
This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?
It did broken that 45,000 level but stagnant on that price for week now. assuming that the price will hit 50k then what is the next resistance 55k? but yes if this 55k will be taken then surely we will make another run from ATH of 64,000
I was in profit even at 28k, I bought a lot earlier during April 2020 a bit after it crashed, and I kept buying so it increased eventually but I am still around 10k purchasing average, so I am not doing bad at all. However I am not going to sell, nor I am getting excited about more and more profit right now. Not everyone who doesn't sell means that they believe it will be 100k soon, I do not think that we will see 100k at least another year or so, but I am still not selling nor doing anything.

The only reason I am not is I belong to few people who are called "long term investors", I am sure you heard of us, we are not "greedy" about the price going up, we do not have any rush, we believe in bitcoin and in general crypto and we think it will certainly be 100k or 200k or even a million dollars and we do not have any rush to see that happen, I can wait 10 years if required, it is fine.
legendary
Activity: 2716
Merit: 1383
August 11, 2021, 11:39:20 AM
#61
Personally I'm just happy that the price is holding its own above the 40k level, we spent a lot of time below that level and many people began to become very bearish thinking that the market was not going to recover for years, but I'm glad that we are above that level after just a few months, however I do not really think that the price is going to skyrocket until we get close to the end of the year as the hype at that moment is going to be at the highest and the whales are going to take advantage of this and manipulate the market so they can earn even more money at the expense of newbies.
That's what I am feeling right now, I am happy that it is staying above 40k. I do not need to see it over 60k again, that is not really a priority for me because I do not care about that, but I do care about the fact that price is staying above 40k.

People need to realize that holding above 40k means a lot, and if it stays above 40k that makes the 40k+ period longer and longer, 1 day staying here means more days later on. Why is that? Because more and more people withdraw their selling price at top and add in a lot more buying at lower prices and that makes it harder to drop the price, that is a great thing and the wall building under the 40k level grows every single day, the more it grows the better it will be for all of us. I personally like not dropping more than I like going up because as long as price stays high, that means only direction will be either staying or going up, that is a lot more important.
I have in fact the very same thought process, people are always concentrating themselves on the price going up and I get it because who doesn't want their assets in which they invested to go up in value, however it is way more important to stay above the resistance level and the reason behind this is that it is widely known that once you surpass a level like that then it becomes the new floor for the price, so I do not really expect the price of bitcoin to go below this level, which means that there is only one direction the price can go and that is up.
STT
legendary
Activity: 4102
Merit: 1454
August 11, 2021, 07:54:45 AM
#60
Its very positive action at the moment, above 12hr and 2 day moving average and staying above those measures despite tests.  12hr is just a trading measure yet its stayed above for a while now and sooner or later the price must rest some, the true test is within the slight sells that occur and we can judge how strong the move is by that I think.
   

Larger picture I would guess its relative to the 200 day average and we are right on that also hence we are within some slight hesitant action is my take.  Any big price in my consideration has a magnetism to it that can attract and repel us and thats still smaller then the larger picture but has influence in trading terms.  It might be enough that traders sell off some, take profits and we realize some lower price, to me thats a normal process that comes within each wave on a chart.
full member
Activity: 2576
Merit: 205
August 11, 2021, 06:40:39 AM
#59
This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?
It did broken that 45,000 level but stagnant on that price for week now. assuming that the price will hit 50k then what is the next resistance 55k? but yes if this 55k will be taken then surely we will make another run from ATH of 64,000

^^ Actually we have this super fast rally late last year.

And we all know that we have this 4 year cycle, and since bitcoin is still fairly young, we hold this theory. But as we grow, this 4 year cycle might be replace by this so called "super cycle", maybe we can see 2 super cycles or just one super cycles, in my opinion.
Yes , but whatever cycle it may be , hoping that another ATH will come as i am waiting for my profit to be on hand.
hero member
Activity: 1610
Merit: 507
August 11, 2021, 06:12:30 AM
#58
Many of us are happy to see bitcoin move today because the price can back to $46k. After the price dropped to $43k a few days ago, the price can now have more support and increased. Hopefully, the market will get more time to grow and back to $50k because sooner or later, the price will be back to the last ATH and will make a second ATH this year. But to go to that new ATH, bitcoin needs to attract more investors and convince them that bitcoin price will rise so high in the future.

the rise in the price of bitcoin is starting to cheer up all investors. many regret this time those who always say the price of bitcoin will again dump and will fall to the price of $ 30,000. but the fact is now the price has penetrated $ 45,000. I myself am very happy with the increase in the price of bitcoin now, because there are many advantages that are obtained with current market conditions.
Not just cheer up all investors but that makes many of them become greedy and wanting to take bigger profit. If they can calculate how much their profit is, they will know when they need to sell their bitcoin and what price they should place an order to sell. Otherwise, they will only hold it without knowing when they need to sell their bitcoin. It is okay if they decide not to sell below $100k and still hold for the long term.
member
Activity: 574
Merit: 25
August 10, 2021, 07:13:23 PM
#57
This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?

The market on my own visionary right now was doing great and I couldn't say a negative outlook while it kept on having positive uptrend. Despite of little glitches of price fluctuations, volatility minimized after $45k had been surpassed lately. Let's embrace the reality, that all possible things happens with a purpose and everyday is a great surprise.

whether to be surprised at the growth now, I don't think it is necessary. some analysis has been conveyed maybe in the next few weeks bitcoin will break 45k and the fact is now it has been raised at 45k. I think a precise estimate and the analysis is not too ambiguous.
they say btc will hit 50k in the near future, i assume the same.
sr. member
Activity: 1484
Merit: 277
August 10, 2021, 06:34:35 PM
#56
This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?

The market on my own visionary right now was doing great and I couldn't say a negative outlook while it kept on having positive uptrend. Despite of little glitches of price fluctuations, volatility minimized after $45k had been surpassed lately. Let's embrace the reality, that all possible things happens with a purpose and everyday is a great surprise.
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