Bitcoin is not getting above $41,000

Tellek Garing

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Quote from: Dhaniii on August 06, 2021, 11:38:55 PM

bitcoin can't break $40,000 ! is it possible ? Don't stress too much about the price and don't get too carried away with the wrong tide. now bitcoin has penetrated $ 43,000 that means bitcoin can penetrate back $ 60,000 just a matter of time bro.
I suggest that you don't often look at the chart if you have a mental panic, because price fluctuations are normal, bro.

The market is green, the price is increasing, the price of bitcoin got to $45000 today, the bulls have return, many people are buying which makes the price to increase. I do not often look at the chart, but I have to this time because the market price was not increasing again like 4 days ago when the candle stick were red for four days, bull now green back, bitcoin increase to $45000.

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Bitcoin is on the move to cross the next price barrier of $45000. Now this has been moving above $44000, which means we can see good increase over the falling week. There were more speculations that Bitcoin won't reach new ATH this year, but the scenario here seems to be different. If the progress of the market continue in such a way we can expect new ATH within this year, though there are more price corrections to take place.

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Quote from: Sithara007 on August 07, 2021, 11:37:56 PM

I am really getting irritated with some of the noobs. I am someone who have patiently waited for more than 7 years, to see Bitcoin at this level. When I first invested in Bitcoin (2014), the exchange rate was $600 per coin. And the next year, it went down to $200 per coin. And this was the first major correction for Bitcoin, and perhaps the one that lasted the most (2 years). I still kept most of my coins and refrained from panic selling. And here we have people who complain that the prices are remaining at low levels for just two days.

LOL. I thing exactly the same. And I imagine that, just as the OP opened a post complaining that the price didn't go over $41K, if we go back in history we will see people complaining that it didn't go over $41, $410 etc. You have to look back and take a long term view. The current prices will seem like a bargain next cycle.

traderethereum

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Quote from: ?? on ??

Quote from: erep on August 07, 2021, 09:02:56 AM

Quote from: Dhaniii on August 06, 2021, 11:38:55 PM

bitcoin can't break $40,000 ! is it possible ? Don't stress too much about the price and don't get too carried away with the wrong tide. now bitcoin has penetrated $ 43,000 that means bitcoin can penetrate back $ 60,000 just a matter of time bro.
I suggest that you don't often look at the chart if you have a mental panic, because price fluctuations are normal, bro.

When feeling depressed with past market conditions, mental panic conditions cannot predict a positive current market, we must rely on ourselves to predict the market because the market is unpredictable even though the OP said it will decline below $41k again.

Anyone who has ever felt a loss will find it difficult to forget the bad memory, it takes a long time to recover, this is what makes us ready to lose when investing in bitcoin, so if the price drops then we are ready.

But they need to rise after that loss because they will still have a chance to profit.
Maybe they need to learn more in trading to know when the right time to enter the market.
From those losses, they will get ahead of the other traders if they can learn from the mistake.
And at this moment, their opportunity to make a profit and recover the losses is back and hopefully, they do not give up.
The drop price of bitcoin will not last forever because the rise of bitcoin will come after that.

Sithara007

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I am really getting irritated with some of the noobs. I am someone who have patiently waited for more than 7 years, to see Bitcoin at this level. When I first invested in Bitcoin (2014), the exchange rate was $600 per coin. And the next year, it went down to $200 per coin. And this was the first major correction for Bitcoin, and perhaps the one that lasted the most (2 years). I still kept most of my coins and refrained from panic selling. And here we have people who complain that the prices are remaining at low levels for just two days.

zanezane

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Quote from: erep on August 07, 2021, 09:02:56 AM

When feeling depressed with past market conditions, mental panic conditions cannot predict a positive current market, we must rely on ourselves to predict the market because the market is unpredictable even though the OP said it will decline below $41k again.

If you don't trade, you don't have to worry how the current market moves because it's a short-term thing that you don't have to worry about plus it's not like you will be able to do something about it when it happens. Prediction doesn't have to be that inaccurate, just have a good analysis of the market and you will be able to somewhat make a closer to the truth prediction.

aoluain

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Quote from: Obito on August 07, 2021, 06:21:40 AM

Quote from: Dhaniii on August 06, 2021, 11:38:55 PM

bitcoin can't break $40,000 ! is it possible ? Don't stress too much about the price and don't get too carried away with the wrong tide. now bitcoin has penetrated $ 43,000 that means bitcoin can penetrate back $ 60,000 just a matter of time bro.
I suggest that you don't often look at the chart if you have a mental panic, because price fluctuations are normal, bro.

It seems to me that bitcoin has already broken above 41k already so no time to panic anymore, OP if you are already shaky when the prices don't move for a day, you better get out of the market or at least evaluate your risk tolerance, patience and your greediness because you are looking stupid and greedy because you're looking for something to happen in such a short time.

We can choose to listen to positivity or negativity, the positivity surrounding Bitcoin
for 2021 is that it is generally bullish, everyone on the forum has surely heard that
the forecast for this year is well above $41k and in just over 24hrs from the OP
Bitcoin just touched $44k

We really do need to look long term that takes patience, sometimes it is less stressful
to just zoom out and not focus on the daily movements.

erep

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Quote from: Dhaniii on August 06, 2021, 11:38:55 PM

bitcoin can't break $40,000 ! is it possible ? Don't stress too much about the price and don't get too carried away with the wrong tide. now bitcoin has penetrated $ 43,000 that means bitcoin can penetrate back $ 60,000 just a matter of time bro.
I suggest that you don't often look at the chart if you have a mental panic, because price fluctuations are normal, bro.

When feeling depressed with past market conditions, mental panic conditions cannot predict a positive current market, we must rely on ourselves to predict the market because the market is unpredictable even though the OP said it will decline below $41k again.

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Quote from: coin-investor on August 07, 2021, 07:07:32 AM

Quote from: Tellek Garing on August 06, 2021, 03:02:30 AM

What is happening, bitcoin is not getting beyond $41,000, I am think the price will get to $50,000 but my mind is double now, the price increase again to $41,000 yesterday but not going beyond, what is happening, when will the price increase to $50,000. The other mind I get now is if the price of bitcoin will decrease low $40,000 because it has been within $39,000 and $41,000 now.

You should be happy now, Bitcoin's price is flying now, you are so impatient to question why Bitcoin is not moving beyond $41k everything is not that fast you don't invest on Monday and expect to make a profit the next day, that's not how the market moves, and it's a very volatile market, we cannot expect and precisely predict how the market moves.

Bullish prediction won, indeed bitcoin reach over $40k after struggling for many weeks and dump below $30k, it might be a start of a new bull run, so we should prepare for this, and also, always remember the opposite site so we will be able to minimize the risk.

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Quote from: Tellek Garing on August 06, 2021, 03:02:30 AM

What is happening, bitcoin is not getting beyond $41,000, I am think the price will get to $50,000 but my mind is double now, the price increase again to $41,000 yesterday but not going beyond, what is happening, when will the price increase to $50,000. The other mind I get now is if the price of bitcoin will decrease low $40,000 because it has been within $39,000 and $41,000 now.

You should be happy now, Bitcoin's price is flying now, you are so impatient to question why Bitcoin is not moving beyond $41k everything is not that fast you don't invest on Monday and expect to make a profit the next day, that's not how the market moves, and it's a very volatile market, we cannot expect and precisely predict how the market moves.

Obito

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Quote from: Dhaniii on August 06, 2021, 11:38:55 PM

bitcoin can't break $40,000 ! is it possible ? Don't stress too much about the price and don't get too carried away with the wrong tide. now bitcoin has penetrated $ 43,000 that means bitcoin can penetrate back $ 60,000 just a matter of time bro.
I suggest that you don't often look at the chart if you have a mental panic, because price fluctuations are normal, bro.

It seems to me that bitcoin has already broken above 41k already so no time to panic anymore, OP if you are already shaky when the prices don't move for a day, you better get out of the market or at least evaluate your risk tolerance, patience and your greediness because you are looking stupid and greedy because you're looking for something to happen in such a short time.

ene1980

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Reading all these threads once the market crosses those threshold is a fun thing. I do not understand why majority things that the market should only go in one direction. You should expect the market to move in either direction and accept the fact and move on rather than crying about it if the market failed to breach the resistance for a month. Have patience and be smart and you can reap the benefits.

Dhaniii

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bitcoin can't break $40,000 ! is it possible ? Don't stress too much about the price and don't get too carried away with the wrong tide. now bitcoin has penetrated $ 43,000 that means bitcoin can penetrate back $ 60,000 just a matter of time bro.
I suggest that you don't often look at the chart if you have a mental panic, because price fluctuations are normal, bro.

rodskee

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Quote from: Tellek Garing on August 06, 2021, 03:02:30 AM

What is happening, bitcoin is not getting beyond $41,000, I am think the price will get to $50,000 but my mind is double now, the price increase again to $41,000 yesterday but not going beyond, what is happening, when will the price increase to $50,000. The other mind I get now is if the price of bitcoin will decrease low $40,000 because it has been within $39,000 and $41,000 now.

Good that bitcoin now increases to 43k mate and your post is not quite right putting bitcoin not to break 41k when now we are going to 44k?

i think before the week ends , bitcoin will finally cross 45k and then 50k and the much awaited 65k.

i am bullish until now because i know that we are not done yet. there is something coming before the year ends.

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I think we have our confirmation that $30K (or $28K) was the low. My local top was $41-42K however looks like we broke it with huge volume and we should be going into the high $40k's and maybe $50k's. However does this mean we make a new ATH? Its hard to say.

There are tons of people who are holding BTC bags at $55K or so, most likely they will want to sell at breakeven when price gets there. Then there is the crypto regulation that we are still dealing with.

I say there is a 50/50 chance we break ATH this year. I think if we get back to like $50-55K it should be time to take some partial profits incase its a failed high and goes back down to $30K.

STT

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Speculatively its highly probable we reach the 200 day average because its such a common target in every country of the world and an average has some gravity to it from that common point. Its far harder to say how we will fair once we reach that point but near term with being so close to 200DMA I presume we do get to that target. After some sell off is also quite probable, we always alot speculate then sell only participating for a trade no other reason while that continues to be a theme don't doubt we regularly pull back in price. (its normal)

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Quote from: Tellek Garing on August 06, 2021, 03:02:30 AM

What is happening, bitcoin is not getting beyond $41,000, I am think the price will get to $50,000 but my mind is double now, the price increase again to $41,000 yesterday but not going beyond, what is happening, when will the price increase to $50,000. The other mind I get now is if the price of bitcoin will decrease low $40,000 because it has been within $39,000 and $41,000 now.

it is 43,000$ now mate so that is not correct , and even before you post this day before bitcoin already climbed to 42,000 but drops very fast

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

this clearly shows that your accusation is false and bitcoin can climb up more than that and just wait , maybe overnight we will be back to 50,000 level again.

btc78

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Quote from: Tellek Garing on August 06, 2021, 03:02:30 AM

What is happening, bitcoin is not getting beyond $41,000, I am think the price will get to $50,000 but my mind is double now, the price increase again to $41,000 yesterday but not going beyond, what is happening, when will the price increase to $50,000. The other mind I get now is if the price of bitcoin will decrease low $40,000 because it has been within $39,000 and $41,000 now.

what is happening in this forum ? the first post recently is this >>>>>>>>>

https://bitcointalksearch.org/topic/m.57630451

in which bitcoin will never stay above 35k for 10 days but it as proved to be wrong now, then the next thread was bitcoin will never stay above 40k for 10 days but it looks like nearing to be broken .

and now here 41k ? this forum has a bunch of none supporters lol.

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Quote from: Kong Hey Pakboy on August 06, 2021, 08:47:52 AM

Quote from: michellee on August 06, 2021, 08:31:05 AM

Whoa, calm down for a while. It is not easy to lift the price and break $41,000 but it will increase to that price. I am sure the price will rise to $50,000 and back to $64,000 but we need to be patient. It is better to enjoy the price movement while we can also have a chance to buy low and sell high because bitcoin price will be like that. It is no problem if somehow the price is down to $39,000 because that will be a good time for us to buy back more bitcoin and the price will be back to $40,000.

The funny thing here is that OP has just seen the price movement for only about two or three days and OP has been ranting over it that it's moving slow. Dude, you waited for the price to move from 29k to 40k and I didn't see you OP creating a thread about this. What's special now or are you just so impatient?

I think he is impatiently waiting for the market moves. But suppose he realizes that the market has a positive movement this month. In that case, he will see the price slowly increases because bitcoin now touches $43,000 but I think the correction will come again before the price still increase. The market is now back on the right track and hopefully, the price can sustain from the bad news that might release so it will not drops again.

Dave1

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Lol, the OP spoke too soon, now that it is above $41k, let's see how will he react now Grin

.

I guess he is happy camper seeing the price reaching as high as $43k. And eventually his wishes of $50k might be hit in the next coming weeks, so everything is good right now.

Just some advise, as others have said, let the market goes on it's normal flow and eventually the price is going to increased long term.

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