Bitcoin is getting ready for $25K, How? - page 2.

rodskee

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Quote from: KennyR on February 20, 2023, 04:42:36 PM

Chinese government have injected 92 billion into the economy. This helps in having good liquidity and more number of altcoins are expected to bounce. For now this seems to be the reason for the ongoing bullish move. Soon we'll experience the price above $25k, which is a big barrier. I'm not sure, but once after the bullish move there is chances of minor crash before the halving market move.

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.

Baofeng

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Quote from: Rigon on February 20, 2023, 03:40:15 AM

Quote from: Baofeng on February 19, 2023, 05:21:39 PM

Yes, selling pressure at that price range and after that big resistance in front of us as we are hovering around that price range in the last 2 days. Nevertheless, I don't see the bears can't take a hold of the market, still on the hands of the bulls. And there are plenty of time this February to hit that price, so I will not be surprised if bulls are going to push in.

We are seeing the market fluctuate between $25k and $24k. But Bitcoin's target may not be upside or downside. For several days we have seen this state of the market. Looking at the market condition, we can say that we are running in the bull run, maybe the bear market will not be able to swallow us.

Quote from: Baofeng on February 19, 2023, 05:21:39 PM

As for the $30k, I think it might take some time. We need more momentum first. Buyers too have some pressures and could be tired specially in January wherein we have a huge 40% uptick. So let's see first that $25k again and maintain, that is the magic number for this month, in my opinion.

Another new market position we can see in February is $30,000. We have already met our target of $25,000. Its next target is $30,000 which I think will be met by this February.Watch the market, wait, and wait for the recovery of those who invested from the high market.

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.

lixer

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Quote from: kotajikikox on February 22, 2023, 01:13:35 AM

try not to be over confident mate because things may change over night.

https://coinmarketcap.com/currencies/bitcoin/

now it goes return to 22k falling under yesterday, but what else could we ask more? when we have already gather some increase and possible many of us had earned already .

selling is considerably these days while waiting for what to come.

just try buying more mate, and surely you will never lose .

Price constantly changes, went up after you wrote this, to 24k again, doesn't mean it will be going higher and higher constantly, doesn't mean it will go down neither, it just means that we are talking about something that is a bit volatile these days and goes up and down. So, we could see it do very well too, or we could see it not do well at all, both are quite possible and we can't make any predictions.

However, I trust that it will do well in the long run so I am not going to end up selling any time soon, I will keep holding as long as I can, that will guarantee me a good profit in the future, maybe not today but if I wait enough then it will eventually happen.

kotajikikox

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Quote from: Pejoh Asu on February 02, 2023, 01:43:46 AM

Quote from: kotajikikox on February 02, 2023, 01:20:40 AM

Quote from: Lee Dynamo on January 26, 2023, 11:53:00 AM

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

Look at the price now and the graph , Bitcoin is going up and up as days goes by so how would we need to deny that fact ?

25k is just 1k to go and looking at it today? maybe tomorrow or the next day? bitcoin will be at 25k.

https://coinmarketcap.com/currencies/bitcoin/

Bitcoin is getting brighter because today it is up more than 3% and the current price position is around $23800, there is no doubt that 2023 is a year of recovery or maybe it can make new ATH again even though it sounds impossible at the moment, but we must be optimistic that bitcoin can continue to skyrocket if nothing major problems occur such as the bankruptcy of exchanges.

but try not to be over confident mate because things may change over night.

https://coinmarketcap.com/currencies/bitcoin/

now it goes return to 22k falling under yesterday, but what else could we ask more? when we have already gather some increase and possible many of us had earned already .

selling is considerably these days while waiting for what to come.

just try buying more mate, and surely you will never lose .

bestcoins1

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Quote from: EdenHazard on February 20, 2023, 12:15:06 PM

The pressure still on!

We are failing to break the resistance over and over again now , this is the momentum to heading the two year highest price since 2021 and we are all ready to welcome it as long as the pressure shut off and the bull triggered on around 26-30k. Next target 30k seems not easy.

Indeed, it looks very difficult for Bitcoin to go to $ 30K in the first quarter of this year. Because apart from being held back by small corrections, new traders and investors are also not entering the market to buy Bitcoin with a higher amount gradually. But for the second quarter maybe the conditions will be a little different and I hope it can be different in increasing Bitcoin in order to reach the target of $ 30K this year.

KennyR

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Chinese government have injected 92 billion into the economy. This helps in having good liquidity and more number of altcoins are expected to bounce. For now this seems to be the reason for the ongoing bullish move. Soon we'll experience the price above $25k, which is a big barrier. I'm not sure, but once after the bullish move there is chances of minor crash before the halving market move.

fullhdpixel

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Quote from: Rigon on February 20, 2023, 03:40:15 AM

Quote from: Baofeng on February 19, 2023, 05:21:39 PM

As for the $30k, I think it might take some time. We need more momentum first. Buyers too have some pressures and could be tired specially in January wherein we have a huge 40% uptick. So let's see first that $25k again and maintain, that is the magic number for this month, in my opinion.

Another new market position we can see in February is $30,000. We have already met our target of $25,000. Its next target is $30,000 which I think will be met by this February.Watch the market, wait, and wait for the recovery of those who invested from the high market.

If I didn't read this reply I wouldn't be aware that we already hit $25k last time but that moment was only quick. After some days, the price just stays in $24k and never returned to $25k anymore so we dont fluctuate between $25k and $24k but we do fluctuate sometimes on the following prices; $24k, $23k and $22k. The lowest that we can get if ever the price dips below $22k is only $21k.

For now $25k might be enough and people are somewhat contented seeing it. I don't think we can achieve $30k this month because the time is running out. We only have 8 days left but if ever the price recovers to $25k a day or two then we might still see $26k and $27k.

AmoreJaz

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Quote from: LogitechMouse on February 20, 2023, 02:36:11 AM

The more it touches that price, the higher the chance that it will surpass that price.
Bitcoin has touched $25,000 3 times already this week. I don't know, but it seems like the selling pressure at that price is really high that it can't break that price even though it is trying to go above that price.

Now Bitcoin, after that short dump a few days ago is trying to go pass that $25,000 price again and it's now $600 away from it. RSI is at 48 while MACD just crossed below 0 on the hourly chart and knowing that Bitcoin is still above the 200 EMA, the trend is now going up so there's a high chance that we might see Bitcoin go above $25,000 a few days to a few weeks from now.

I'm sure many will be happy if investors see Bitcoin go pass and stay above $25,000. Cheesy

the target of surpassing 25k is quite easy as we are only talking couple of hundred dollars away. now, i believe the next target of speculators is when will it hit the 30k level? if we will see positive news from this market, this level is not too hard to achieve. remember, in this market, you can see a large jump even within the 24-hour period.
we can already feel the positive sentiments of the community, and it goes to show that despite failure of some big companies last year, btc can always rise up on its own.

EdenHazard

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The pressure still on!

We are failing to break the resistance over and over again now , this is the momentum to heading the two year highest price since 2021 and we are all ready to welcome it as long as the pressure shut off and the bull triggered on around 26-30k. Next target 30k seems not easy.

Rigon

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Quote from: Baofeng on February 19, 2023, 05:21:39 PM

Yes, selling pressure at that price range and after that big resistance in front of us as we are hovering around that price range in the last 2 days. Nevertheless, I don't see the bears can't take a hold of the market, still on the hands of the bulls. And there are plenty of time this February to hit that price, so I will not be surprised if bulls are going to push in.

We are seeing the market fluctuate between $25k and $24k. But Bitcoin's target may not be upside or downside. For several days we have seen this state of the market. Looking at the market condition, we can say that we are running in the bull run, maybe the bear market will not be able to swallow us.

Quote from: Baofeng on February 19, 2023, 05:21:39 PM

As for the $30k, I think it might take some time. We need more momentum first. Buyers too have some pressures and could be tired specially in January wherein we have a huge 40% uptick. So let's see first that $25k again and maintain, that is the magic number for this month, in my opinion.

Another new market position we can see in February is $30,000. We have already met our target of $25,000. Its next target is $30,000 which I think will be met by this February.Watch the market, wait, and wait for the recovery of those who invested from the high market.

LogitechMouse

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The more it touches that price, the higher the chance that it will surpass that price.
Bitcoin has touched $25,000 3 times already this week. I don't know, but it seems like the selling pressure at that price is really high that it can't break that price even though it is trying to go above that price.

Now Bitcoin, after that short dump a few days ago is trying to go pass that $25,000 price again and it's now $600 away from it. RSI is at 48 while MACD just crossed below 0 on the hourly chart and knowing that Bitcoin is still above the 200 EMA, the trend is now going up so there's a high chance that we might see Bitcoin go above $25,000 a few days to a few weeks from now.

I'm sure many will be happy if investors see Bitcoin go pass and stay above $25,000. Cheesy

Baofeng

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Quote from: Quidat on February 17, 2023, 06:26:42 PM

Quote from: rodskee on February 17, 2023, 05:05:33 AM

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.

There's a strong resistance and selling pressure on 25k point which the price had able to touch it but didnt really last that long which means that bears arent really that over and now trying out to make suppressing the value but it turns out that it is really going back again and trying to touch it up once again.We dont know on when it would happen but at least the price is trying to cling up once again.
We are really that eager nor excited to see that 30k price once again and would shoot up all way over.Its been a while to see these numbers but im expecting that these things
would happen in the bull run.

Yes, selling pressure at that price range and after that big resistance in front of us as we are hovering around that price range in the last 2 days. Nevertheless, I don't see the bears can't take a hold of the market, still on the hands of the bulls. And there are plenty of time this February to hit that price, so I will not be surprised if bulls are going to push in.

As for the $30k, I think it might take some time. We need more momentum first. Buyers too have some pressures and could be tired specially in January wherein we have a huge 40% uptick. So let's see first that $25k again and maintain, that is the magic number for this month, in my opinion.

Quidat

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Quote from: rodskee on February 17, 2023, 05:05:33 AM

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.

There's a strong resistance and selling pressure on 25k point which the price had able to touch it but didnt really last that long which means that bears arent really that over and now trying out to make suppressing the value but it turns out that it is really going back again and trying to touch it up once again.We dont know on when it would happen but at least the price is trying to cling up once again.
We are really that eager nor excited to see that 30k price once again and would shoot up all way over.Its been a while to see these numbers but im expecting that these things
would happen in the bull run.

fadhilz123

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Quote from: 19Nov16 on February 16, 2023, 06:00:42 AM

Today I was surprised because today's price has risen by more than 10%, even from historical prices it has touched $24800, of course we should expect more with the positive trend this year, and I'm sure the price of $25k will be reached soon, before that happens we'd better keep buying, if it doesn't happen in 2 or 3 days I'm sure February can touch $30k, the huge daily transaction volume makes us worthy of optimism.

And the price was $25K yesterday as well as today even if only for a short time before another small correction occurs. But yes, we really have to be more optimistic about Bitcoin this year because now the price has also started to approach $ 25K again, so obviously there is no need to worry about the price increase in Bitcoin. After all this is a very good recovery stage for Bitcoin and everyone still holding Bitcoin this year for the next ATH.

Quote from: capedbaldy on February 16, 2023, 06:56:40 PM

I also didn't expect the bitcoin price to have recovered significantly by almost 10%, previously predicted the price would reach $20k in the middle of this month but the market reacted and all that changed. even though the price above $24k is unstable but the market will easily reach higher at the end of the month and we have to prepare a portfolio for bitcoin before the bullish trend will come soon.

The rapid price changes in Bitcoin are due to the increasing confidence of Bitcoin buyers this month so that the price increases occur more quickly even though they don't look stable. But this is actually very good to lure more traders and investors to continue buying before the big bulls come, but I'm more confident that the big bulls may not come this year for Bitcoin.

bitgolden

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Quote from: bounceback on February 16, 2023, 10:40:03 PM

After bitcoin had touched the $25k level, suddenly the bitcoin price underwent a correction and made the bitcoin price fall to the $23.8k level when this post was made and hopefully the correction that bitcoin is currently experiencing does not make the bitcoin price fall past $20k because $20k is a support area bitcoin was strongest during this month's price spike so if bitcoin falls past that area during this hit then it may be a bit difficult for bitcoin to quickly bounce back to $25k in price and it could take a few weeks or months for bitcoin to get back there.

I think it is still strong, not saying that it is great or anything but it is still strong and I believe that we shouldn't be upset about the current situation, it may not look as strong as 24 hours ago, but it still looks like it is better than a week ago and that's all that matters.

Stop worrying about every fall, we tested that 25k barrier once again, we failed again and we will maybe drop even further but eventually we will test and go above that price sooner or later. I mean it's not really a shock to anyone that we have failed to go up, because it didn't look that strong to begin with, but it will happen one day, we just need to wait for it.

rodskee

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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.

Kelvinid

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Quote from: bounceback on February 16, 2023, 10:40:03 PM

Quote from: TravelMug on February 16, 2023, 08:40:40 PM

Quote from: KennyR on February 16, 2023, 07:00:13 PM

-snip-

So hopefully this somewhat correction will stop and we can jump back again to $24k and remain there until there is a break out run to $25k. It is not over yet for the bulls, this is the biggest that we have seen bitcoin in 8 months or so, and there could be numerous attempt in the future to touch it again and remain there.

After bitcoin had touched the $25k level, suddenly the bitcoin price underwent a correction and made the bitcoin price fall to the $23.8k level when this post was made and hopefully the correction that bitcoin is currently experiencing does not make the bitcoin price fall past $20k because $20k is a support area bitcoin was strongest during this month's price spike so if bitcoin falls past that area during this hit then it may be a bit difficult for bitcoin to quickly bounce back to $25k in price and it could take a few weeks or months for bitcoin to get back there.

We never know what is the reason for the abrupt change of the price momentum but I think this is really going to happen when many holders will sell their Bitcoin together. However, I'm not yet thinking about dropping below $20k, the support level is still high and I was very confident that the price of Bitcoin remains at its current level waiting for another spike. Might the next increase will reach $30k - and another huge drop again? The more it shows like this time, the more would think that most of the investors now are not long-term holders, they'll go with the trend and sell if they have the opportunity.

boyptc

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Quote from: KennyR on February 16, 2023, 07:00:13 PM

Quote from: boyptc on February 16, 2023, 06:52:40 PM

Alright.

After we saw bitcoin gets $25,100. Then it's starting to have some correction again and was out of $24k too quick.

Price as of typing is $23,729 and this is not surprising because we always get this at most times. Whenever bitcoin pushes for some higher price, it will be followed by a bit of correction.

And then the cycle goes on afterwards but what's important is we saw that it has broken $25k.

The price move had taken the price above $25k and fallen back below $24k. As mentioned it have crossed a price barrier and the same assure of growth above $25k at the shortest. We haven't got any incident that connects the market bounce as well as the drop. The price correction will keep the market around $23k for some time period.

It's fine as it stays on $23k.

That would be the ideal correction that bitcoin needs to have. It's not that always that we see a long stay for price increases. But as it stays there, we're having again the weekend and it might be stagnant for a day or two.

While it's going back to $25k and much more, this is like the requirement for it so that it can reach back there before another skyrocket push.

bounceback

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Quote from: TravelMug on February 16, 2023, 08:40:40 PM

Quote from: KennyR on February 16, 2023, 07:00:13 PM

-snip-

So hopefully this somewhat correction will stop and we can jump back again to $24k and remain there until there is a break out run to $25k. It is not over yet for the bulls, this is the biggest that we have seen bitcoin in 8 months or so, and there could be numerous attempt in the future to touch it again and remain there.

After bitcoin had touched the $25k level, suddenly the bitcoin price underwent a correction and made the bitcoin price fall to the $23.8k level when this post was made and hopefully the correction that bitcoin is currently experiencing does not make the bitcoin price fall past $20k because $20k is a support area bitcoin was strongest during this month's price spike so if bitcoin falls past that area during this hit then it may be a bit difficult for bitcoin to quickly bounce back to $25k in price and it could take a few weeks or months for bitcoin to get back there.

TravelMug

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Quote from: KennyR on February 16, 2023, 07:00:13 PM

Quote from: boyptc on February 16, 2023, 06:52:40 PM

Alright.

After we saw bitcoin gets $25,100. Then it's starting to have some correction again and was out of $24k too quick.

Price as of typing is $23,729 and this is not surprising because we always get this at most times. Whenever bitcoin pushes for some higher price, it will be followed by a bit of correction.

And then the cycle goes on afterwards but what's important is we saw that it has broken $25k.

The price move had taken the price above $25k and fallen back below $24k. As mentioned it have crossed a price barrier and the same assure of growth above $25k at the shortest. We haven't got any incident that connects the market bounce as well as the drop. The price correction will keep the market around $23k for some time period.

Yeah, Lol, it was very quick indeed, now we are back <$24k, too many speculators short selling bitcoin when that price is hit. So it's going to be hard again to go back to that price. We never has any sustainability I guess for that $25k because it could be the selling point of some traders.

So hopefully this somewhat correction will stop and we can jump back again to $24k and remain there until there is a break out run to $25k. It is not over yet for the bulls, this is the biggest that we have seen bitcoin in 8 months or so, and there could be numerous attempt in the future to touch it again and remain there.

Topic: Bitcoin is getting ready for $25K, How? - page 2. (Read 974 times)