Topic: Bitcoin is getting ready for $25K, How? (Read 974 times)

The price of $ 30K on Bitcoin is not going to happen in the near future because Bitcoin is still undergoing corrections very often as I saw today where Bitcoin is back in the $ 23K range. But I just hope that the effect of the news doesn't hurt Bitcoin for a long term as I am also expecting a better bounce in Bitcoin as I continue to invest and also buy on corrections. The month is almost over, but if within the next three days Bitcoin can return to a price of $25K again, that could be a sign of improvement to come again next month in a better way.

The Bitcoin market is already in a bit of a slump. A few days ago the market crossed $25k but now the market is down again. We expected the price of Bitcoin to reach $30kwith the way the market was growing. But that has changed and now the market is at $22k. However, the current position of Bitcoin may be a good time to invest as the price of Bitcoin is likely to rise again in the near future.

The price of $ 30K on Bitcoin is not going to happen in the near future because Bitcoin is still undergoing corrections very often as I saw today where Bitcoin is back in the $ 23K range. But I just hope that the effect of the news doesn't hurt Bitcoin for a long term as I am also expecting a better bounce in Bitcoin as I continue to invest and also buy on corrections. The month is almost over, but if within the next three days Bitcoin can return to a price of $25K again, that could be a sign of improvement to come again next month in a better way.

Bitcoin consolidation is going to complete soon.
Next target appears at $25,000 soon.

Cryptocurrency market appears stable in terms of higher price fluctuation. On the other hand, global markets are losing nowadays. Short-tempered speculators are getting confused for now and waiting for the same directional momentum of all markers.

https://in.tradingview.com/chart/bF9MG0OF/

Largest cryptocurrency Bitcoin is going to expand the current value rapidly over the barriers investors are looking forwards to $24K before achieving the 6 months top of $25K. This is the time to explore the upwards journey after a plunge.

Typically, after the new year journey, Bitcoin valuation increases along with consolidation phase in a box pattern (below the chart). On a hourly graph, price action made consolidation phase twice in past few days before significant bullish spike.

At the time, Bitcoin BTC price is close to the upper range of the box, which means get ready for another hike towards $24K (immediate resistance) and next 6 month’s vital barrier of $25K. Volume is emerging gradually and here bullish scope exists as liquidity is sufficient to take a bullish call.

What is the first priority?

You can be stuck in consolidation if you buy Bitcoin at the time, but little wait can make use of your money effectively. Wait for the right time to take any bullish position. Range breakout likely to push BTC price towards $24K and $25k.

Its been rejected for how many times on which the price do able to reach up 25k but eventually it just simply bumped down and its been how many times for the price to be like that.
This do really shows that there is really a strong selling pressure into that resistance which the buyers did eventually failed up on breaking out that ceiling but well we arent that
really in a hurry considering that halving event is still far off which might really trigger out the bull run or having those new all time highs.
So its better to accumulate while its still cheap.

So its better to accumulate while its still cheap.

Unfortunately, there's no $25k for us this month, or at least a sustainable run at that price. There's negative news about the US inflation and Feds might increase the rate for the next couple of months.

And with that, it had adverse effect to us and other financials like stocks as they also goes down in the last couple of days.

So we might as well wait for next month and hopefully everything will settle down a bit and we can target $25k again.

When bitcoin rallies to $24k and then break $25k, many believe it will hit $30k by the end of this month, but just because bitcoin is correcting below $23k, we are negative about its future. People change too quickly and don't trust their judgment. I still believe bitcoin will hit $30k before correcting below $20k again.

When bitcoin rallies to $24k and then break $25k, many believe it will hit $30k by the end of this month, but just because bitcoin is correcting below $23k, we are negative about its future. People change too quickly and don't trust their judgment. I still believe bitcoin will hit $30k before correcting below $20k again.

The price of $ 30K on Bitcoin is not going to happen in the near future because Bitcoin is still undergoing corrections very often as I saw today where Bitcoin is back in the $ 23K range. But I just hope that the effect of the news doesn't hurt Bitcoin for a long term as I am also expecting a better bounce in Bitcoin as I continue to invest and also buy on corrections. The month is almost over, but if within the next three days Bitcoin can return to a price of $25K again, that could be a sign of improvement to come again next month in a better way.

maybe this is the reason why Bitcoin return to 25k reaching but suddenly drops back to 24k again.
I have not seen this news but if this is completely true then surely this is the reason now why we are pumping .
but though I will take this opportunity to wait the reason to sell because have been waiting for 30k but it seems to be not happening any time soon.

still waiting now mate ,  i thought we are ready to break but still now? we are being hinder to 24k https://coinmarketcap.com/currencies/bitcoin/ this is still what I wanted to  achieved now to consider at least to sell? or to buy more because what I do believe is that once Bitcoin reached 25k then w will be  having 30k and more just this year.
but till now from your post? almost month after yet we can't see a clear vision of this being broken.

And still though, we haven't seen $25k after that huge spike, on the contrary, the price went sub $24k in the 4-8 hour time frame. But the good news is that price goes up to $24,100 but far from what we wanted to see this February which is $25k.

So as others says, the selling pressure is still there and somewhat $25k is a big barrier in front of us. And we are just a week before the end of the month, so it's going to be close if not sure if there is some push to get into that $25k again, in my opinion.