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.

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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.

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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.

adaseb

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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)

kotajikikox

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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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Today traded at $43,000-so to say and if you bought at $41,000-just sell today.

$2000-in one Bitcoin-profit is in your hands, just take what is in front of your eyes, for $50$$$, you may wait a little longer.

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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.

We do have currently $42,800 in preev.com which im not really a fan on believing on fixed prices on where bitcoin couldn't able to break or wouldn't able to reach on because everything is really unpredictable.

Lets just hope that it wouldn't go below 40k support and this gradual increase might able to break that 50k resistance once again but it wont really be that an assurance.

Thing here is that you do know on how to make profit no matter what movement it would able to make.

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

when will the price increase to $50,000.

I know – The answer is SOON!

Hey buddy, the unwritten golden rule in crypto has always been never to invest money you can't afford to lose. Crypto needs patience, anyone who isn't patient enough to wait for it's resurgence after a dip will definitely lose out. This is highly typical of Bitcoin. It never dies no matter how deep you think it has crashed. Never take any crypto investment as a shortcut to riches; for it's not. Just give your investment some room to breath and you will observe that the $41k you seek isn't even a hurdle to cross. Remember the sad experiences of those who bought Bitcoin at ATH in 2017 but sold off in panic in 2018/19 when it crashed? A lot of them are still bruised till date after they saw Bitcoin surpassed its former ATH and set a new record at >$60,000. I expect that to happen again before the end of 2021. Just take a chill pill.

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I'm actually surprised when the price went $40k then stay and proceed to hit a new number up.

It seems OP was too stressed out thinking the price wouldn't move anymore after hitting $40k which is understandable since this is usually the movement of Bitcoin a very unpredictable move. And I think this is the right time to get some profit already if someone bought Bitcoin when it's on the price of $29k to $34k would be having a good profit.

If you guys don't want to get some profit then whales might do it but I hope they won't be the cause of the market to dump suddenly. It would be a problem since most hodler would ride the bandwagon or is it just the weak-hands would do so.

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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.

Never ever doubt about the potential of bitcoin; yeah right now it is trading above $42k levels. Expecting unexpected will always help in bitcoin markets at least

. I am not doubting about getting into $50k levels at any time soon and then reaching to a new ATH within this month also highly possible by looking into the market conditions right away.

$42k seemed a good resistance levels but after gaining power by taking a correction up to $38k levels helped bitcoin to leap above $42k levels but we need it to be trading above $45k levels to ensure about getting into $50 region by next week.

Adnan Jan

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what should a person do if he/she buys BTC of 50$ when BTC was at 28,000$ and later BTC is at 35,000$ . Definitely, he/she is in profit. Should he/she hold it? How much profit will he/she get from this? Like how the increase is there in his 50$?

thecodebear

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Pushing $43k now. Gone into $43k a couple times today. I woulda thought Resistance was at $41k/$42k level. Maybe there won't be a classic breakout but just solid resistance for a while as Bitcoin gradually moves higher. Considering there are lots of people that still think this is the start of a crypto winter instead of a long pullback and bottoming in the $30,000s during a much larger bull market.

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Quote from: Roidz on August 06, 2021, 12:23:54 PM

Right now the price of bitcoin has reached the price of $ 42k or up about 6.09% from the previous 24 hours and it looks like the price will have the potential to continue to increase if bitcoin is able to break through the price of $ 43k in the last few days, I think bitcoin has found a path positive so that there will be a price push for some altcoins in the market and now some altcoins have followed the price increase as happened in bitcoin, we can see in the market if the impact of bitcoin's increase has pushed the price of trx, btt, and also several other altcoins.

Bitcoin has reached $43k although every increase there is a small correction that causes the price of BTC to hold temporarily at $42k, I am speculating that Bitcoin will be able to reach $50k within this month, we are already in a new bull market since the drastic drop since 2 months ago.

Seems heading that way, if this continue to move up expect that more investors to comes up and start bringing more money inside the market.

Good for those who bought when the price fell reaching $29K, once Bitcoin move and strongly it can go up to $50K or hit another new time high, we can't tell it though as the market also experiencing some corrections.

Strong hands will benefits a lot from this market movement, make sure to bring more patience while waiting.

$crypto$

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The market is heading for a good move after crawling faster and I think tonight could touch $45k, it looks like it will be watched closely how bitcoin will become $50k in such a short time, is it still strong enough to pump again?
I'm so sure this month will start a new path to ATH that is still being achieved but every investor will see what really happened, so with good news bitcoin will experience a significant increase.
I'll continue to hold my BTC a bit, for me it's still strong enough to pump up.

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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.

Right now the price of bitcoin has reached the price of $ 42k or up about 6.09% from the previous 24 hours and it looks like the price will have the potential to continue to increase if bitcoin is able to break through the price of $ 43k in the last few days, I think bitcoin has found a path positive so that there will be a price push for some altcoins in the market and now some altcoins have followed the price increase as happened in bitcoin, we can see in the market if the impact of bitcoin's increase has pushed the price of trx, btt, and also several other altcoins.

ReiMomo

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It touched $43. Must be slowly touching $45 in three to four days. After recent confirmation from Elon on accepting Bitcoin, the price slowly started picking up as many investors have just come up to purchase more bitcoin and other cyrpto currencies. I would say, still many are watching the market to either jump in or hold back. But the current move would certainly encourage and draw many into investment.

ShowOff

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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.

The main thing that make price go up is increased demand. I don't know exactly what caused it to go up, but isn't that a common thing with bitcoin?
Bitcoin has gone up to $64K before, so it's only natural that now people want to test to reach that price again or even more than $64K. Bitcoin doesn't need to wait for anyone's approval to go up or down and the most anticipated thing this year is ATH being recorded at $100K.

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Don't make too many assumptions this will be unsettling for you when the price drops to $39k again, so stay calm and enjoy the flow of bitcoin's current movement if you believe that a $50k increase in the near future will definitely happen but you should know when you are more confident. restless then it will make you more stressed seeing bitcoin grow it has then it's more than daily trading that determines the price at this time, bitcoin is not like that man.

Just hold on and see by the end of this month if there are better prospects then you will be a little more relieved because the real bulls are already there so stay focused on your current hold on bitcoin.

palle11

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Your expression is looking like some person invested with lots of money and expecting a rapid return within a week. Maybe you were advised that bitcoin has started bullish run as it started increasing the past two weeks. This is desperation on your part, market don't always obey your assumption, you may wait for more time if you still have the time because you don't sound patient. If you exit your hodling by selling off at lose, maybe you can regret soon when the bull will return in full.

smyslov

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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's not the market it's only you, you are being impatient the market is moving just find we should all be thankful that finally after so many months the price is on the $40k level again it almost drops to $30k, I have this feeling that you bought at the price higher than $40k and you want to regain your investment and make a profit, it cannot be done overnight.

thecodebear

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Yeah it seems for the time being Bitcoin is being stopped at the top of the resistance zone that has held it in the bottom of the market since the May crash. Though it keeps bottoming in the high $30,000s now and keeps pushing back up to $41k even on bad news so I have confidence a break through the final levels of that resistance is coming soon and we'll see $45k bitcoin this month.

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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?

michellee

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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.

ultrloa

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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.

Did you bought bitcoin at the top? since if yes maybe you shouldn't check the price every minute since it will just stress you out for seeing how the market moves today, instead maybe try to grab some another fund and use it whatever investment you are on. And the one you see right now is normal and there is no always happy time(pumping all the time) in the market there are downfall so you need to learn about how to take advantage on that market scenario to earn.

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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.

Why so hurry, we should be contented that Bitcoin finally reached the $40k level a few weeks ago it almost went down to the $30k level, problem with investors like you is you want to make a quick profit if you are comfortable in what you invest, then you should not invest at all the market is very volatile and unpredictable, for a member with a rank like yours you should know better, it's better to dump your coin than feel depressed.

magneto

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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.

Jating

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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 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.

cryptomaniac_xxx

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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.

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.

davis196

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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

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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.

Oasisman

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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? 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.

YOSHIE

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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.

LogitechMouse

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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,

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

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

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

.

NeuroticFish

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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 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.

Tellek Garing

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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.

Topic: Bitcoin is not getting above $41,000 (Read 471 times)