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Topic: Bitcoin is not getting above $41,000 - page 3. (Read 467 times)

hero member
Activity: 1666
Merit: 753
August 06, 2021, 07:40:52 AM
#10
This is a bunch of bogus.

Sure, it might not go above $41k presently due to the timing of the halving cycles, but it will be a matter of time given that institutional investment has been extremely strong, and market sentiment will pick up stronger than ever during the next halving in 2024.

Heck, we should be looking at a 6 figure bitcoin instead of $41k. Look into the long term instead of having a myopic view.
hero member
Activity: 2842
Merit: 772
August 06, 2021, 07:31:03 AM
#9
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 seems that you don't have any idea about resistance level. Perhaps $41k is a big barrier in front of us that's why it's hard to breach it. And if ever we reach $41k, it doesn't mean $50k will be next. We need the price to sustain its run. And looking at the price movement, there is not enough push, so it might take some days, some weeks or months before we can get to $50k.
hero member
Activity: 1344
Merit: 540
August 06, 2021, 07:27:23 AM
#8
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.

Why the hurry to $41k though? as I checked the price is already $40,9++ so that's just as close as we can get to $41k, and maybe in the next 4 hours, we will achieved that.

$50k? it will be a hard grind for us, so I will suggest that you just stay relax and don't stress yourself out, Lol. This is how the market price moves, we really don't know what's going to happen next so the best thing to do is wait.
hero member
Activity: 3150
Merit: 937
August 06, 2021, 05:56:40 AM
#7
The fact of the Bitcoin price reaching a certain level (41K USD) doesn't necessarily mean that the Bitcoin price will reach another level (50K USD). I don't know on what facts do you base your theory about the Bitcoin price reaching 50K USD anytime soon?Isn't this just wishful thinking?
I don't see any major bullish news.I don't see big corporations and crypto whales buying lots of BTC.
The market is going up slowly,but it might go down in a matter of minutes.
Many traders are going to sell at a price above 40K US dollars,so the selling pressure won't allow the price to hit 50K soon,unless there's a very strong bullish signal,which will create FOMO.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
August 06, 2021, 05:37:52 AM
#6
Obviously most of us here are bullish on bitcoin, but we're bullish in the long-term. We mostly don't care about the short term price fluctuations because times when prices are lower are times for us to stack more.

And yea, I don't want to make assumptions, but with the tone of your words it seems like you're overly invested in bitcoin's short-term price increase.
hero member
Activity: 2716
Merit: 552
August 06, 2021, 05:18:43 AM
#5
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? Well, that's what a highly volatile asset can do. The people in crypto space isn't always in a buy mode, some were also selling, especially the short traders and so as you can see Btc's price sometimes struggle to bounce back because people were selling when Btc is close to touching the strong resistance level.
Now, If you can't handle the stress you'd better look for a less volatile asset that's obviously not cryptocurrency.

You're not gonna lose any If you're not selling at a lower price because you panicked.
legendary
Activity: 2128
Merit: 1775
August 06, 2021, 04:57:00 AM
#4
Oops, this is a disaster, you panic, calm yourself for a moment, for that, don't look at the market all the time, you will panic even more.

Try to go out and breathe fresh air for a moment, you re-open your trading market in the next 15-24 hours, you see further developments or allow at least a week to see price changes.

Now the position of Bitcoin is still (green) the opportunity is still there to occupy the $50,000/Btc level, calm down, don't make a mistake, Patience, the key to everything, the more you panic, the more you lose.

Take a deep breath while saying 'sure' sure' sure, Bitcoin can break through to the level: $ 50,000.
legendary
Activity: 2576
Merit: 1043
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August 06, 2021, 04:03:37 AM
#3
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,
A typical investor. Only thinking of the positive side of it and not the negative side to the point that they will be disappointed with what is happening with the market. Don't expect too much with the market. See what happened to you Cheesy.

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.
Tomorrow
The day after
or the week after
Maybe a month after
Worst it will never again Tongue

Stay out of your computer for a moment, do something and forget Bitcoin for a bit. You seem to lose significant amount of money already to the point that you're very disappointed into what is happening Smiley.
legendary
Activity: 3668
Merit: 6382
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August 06, 2021, 03:17:56 AM
#2
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 seem to be stressed. And for no reason, unless you invested money you don't afford to lose.
Bitcoin price went (shortly) to over 42600$ yesterday. Take a deep breath and give it more time. It will rise, eventually.
Imho it will easily go over 50k and over the current ATH. Of course, it will probably not be a smooth ride, but all the signs tell that the current bull run is not over.


PS. Keep in mind that this is speculation and not an investment advice. You have to decide for yourself what you do with your money.
full member
Activity: 854
Merit: 130
August 06, 2021, 03:02:30 AM
#1
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.
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