Many analysts believe that when the price of $ 30k can be reached it will be easier to reach the next high, of course this is natural because it will make investors more optimistic, but if you look at the price movement which has continued to decline and is now only around $ 27k or down more than 10% in a month then we have to wait patiently.
Transaction fees are extremely high due to the network congestion currently created on Bitcoin. As these fees are high, many believe that the price of Bitcoin will also increase. Miners will be encouraged especially if the fees are high. As a result, the price of Bitcoin will naturally will be increased. We witnessed a situation in 2021 when Bitcoin surged. Currently, the price of Bitcoin is slightly down, but once network congestion returns to normal levels, Bitcoin will start to become bullish again. Bitcoin is currently in a position where the potential for bull market is high. 
Topic: Bitcoin is on 30k how was your feelings ? - page 3. (Read 1097 times)
I think this year the price can set a new ATH record, when there was the FTX case at the end of 2022 which made the price crash even more, now investors are slowly getting more optimistic about looking at future prospects, I'm sure $30k will happen again this week even though the current price is falling again.
I don't that we can set a new ATH this year, we are still very far from reaching it. If we look at bitcoin's previous history, we have this catalyst know as the bitcoin halving. So it will happen next year, so obviously, majority are speculating that it might be 2024-2025 bull run and then we will set new ATH then.
As for the $30k, we just had another correction, perhaps it was due to the network clogging that investors are staying away from bitcoin for now. This has been a big issues and discussions in the market lately, brc-20 spamming the network causing fees to spike and no one wanted that to see.
I think this year the price can set a new ATH record, when there was the FTX case at the end of 2022 which made the price crash even more, now investors are slowly getting more optimistic about looking at future prospects, I'm sure $30k will happen again this week even though the current price is falling again.
BTC has no breakout or substantial alteration of prior volume and price action traded, we are repeating a range or cycle of prices between 50 day average below and some resistance about 30k. Till it can break or alter that repetition I think caution is the name of the game, we dont yet know direction at least short term it has to determine between the two which is the best direction that serves the most people who actually want to hold more then a day. We can easily get to 40k imo but sellers must be exhausted first and ideally more buyers who are optimistic towards that target or similar also.
for short-term gains, of course, everyone should always be on the look out. but for long-term, you don't need to be agitated every time there is up and down movement in the market. that's the volatility factor of this currency and that's what makes it attractive to many newcomers.
sure, we can reach to 40k or higher, but you need to ask yourself -before such movement happens, what were you doing to take advantage of such trend?
anyone can wait for what's to come, but the difference lies on what you are doing before a situation comes to light.
BTC has no breakout or substantial alteration of prior volume and price action traded, we are repeating a range or cycle of prices between 50 day average below and some resistance about 30k. Till it can break or alter that repetition I think caution is the name of the game, we dont yet know direction at least short term it has to determine between the two which is the best direction that serves the most people who actually want to hold more then a day. We can easily get to 40k imo but sellers must be exhausted first and ideally more buyers who are optimistic towards that target or similar also.
Many analysts believe that when the price of $ 30k can be reached it will be easier to reach the next high, of course this is natural because it will make investors more optimistic, but if you look at the price movement which has continued to decline and is now only around $ 27k or down more than 10% in a month then we have to wait patiently.
such occurence pulling back is very common, after all bitcoin hasn't just long recovered from its bearish season, heck even we all don't know whether it's already bullish or we actually still in bearish.the most important thing is that other than bitcoin recovering its small valuation compared to its all time high the altcoins in general are flourishing, there are many meme coins which of course many consider rather irrelevant but still good that it still contributes to the overall trading volume of cryptocurrency and even better is that there are many fundraising for newer project platform that has been successful and raised tremendous amount.
I think if i'm gonna bet in the future trade i'd say long in bitcoin since the correction has already happened.
Many analysts believe that when the price of $ 30k can be reached it will be easier to reach the next high, of course this is natural because it will make investors more optimistic, but if you look at the price movement which has continued to decline and is now only around $ 27k or down more than 10% in a month then we have to wait patiently.
When the bitcoin price is back above $30k, of course we all feel very happy because the last few months the bitcoin price has climbed above $30k. Therefore I expect bitcoin's current rise in price to continue at least soon to reach at least above $40k this year.
maybe it will go down first before it will increase to reach $ 40K, because with a long enough time, the price will probably be able to go down again before actually preparing for the moment to increase closer to the time the halving will occur. The halving is just waiting for the month and there will always be surprises beforehand. 
When the bitcoin price is back above $30k, of course we all feel very happy because the last few months the bitcoin price has climbed above $30k. Therefore I expect bitcoin's current rise in price to continue at least soon to reach at least above $40k this year.
I think the current price will find it difficult to skyrocket again like in 2021, every time there is an increase there will be selling or profit taking because many people are traumatized that the market will drop again, especially now that most FUDs say that the current increase is only a temporary pump and eventually the market will drop deeper, but I think the best thing is to make bitcoin a long term investment.
I think that is not said by most people? I mean I have seen a lot of times and it looks like FUD people will say whatever FUD they end up saying, that's their situation and shouldn't be really shocked to see that. However, if we look at the reality, we see it grow as much as possible and that is a good thing and shouldn't be shocked at all.I feel like it could skyrocket like 2021 and even reach ATH, even if not right now, eventually it will get there soon, probably this year, if not next year. That is important to note because that means that we are doing as well as hoped for and there is a hype in the market. All those FUD people will just regret not buying at the lower end and should not be talking so big right now at the current moment.
I think the current price will find it difficult to skyrocket again like in 2021, every time there is an increase there will be selling or profit taking because many people are traumatized that the market will drop again, especially now that most FUDs say that the current increase is only a temporary pump and eventually the market will drop deeper, but I think the best thing is to make bitcoin a long term investment.
Good movement into end of month, boundaries are quite clear and I think there's no reason why we dont attempt to exceed 30k as we have prior.
I have price objective somewhere between 34k to maybe as high as 37k. When it reaches there I do expect some more selling, by speculators and some by holders who have been waiting for recovery. That doesnt negate the positive action but it delays the immediate rise in BTC for some time while volume of buys and sells balances out again.
I have price objective somewhere between 34k to maybe as high as 37k. When it reaches there I do expect some more selling, by speculators and some by holders who have been waiting for recovery. That doesnt negate the positive action but it delays the immediate rise in BTC for some time while volume of buys and sells balances out again.
When bitcoin touched $30k I was expecting a $28k correction but it only touched $29k and then back to $30k again yesterday. So today, here it is the $28k correction. I managed to purchase some satoshis to complete my DCA this month. Now I believe $25k is still reachable but I just do not know when. Maybe in the next few weeks or months, we will see it at $25k. For now, I expect the price to move back to $30k again after a healthy correction.
I would be glad to see bitcoin reach an ATH next year because it only means that there is another ATH in 2025, maybe $200k? $100k is my conservative ATH target but I am hoping for something higher.
There is a possibility of a return to $25K during April which has allowed it to be support so far since $27K occurred. Bitcoin's correction in recent days seems too fast for me as I believe that the price increase will be at least 5 months in a row. But of course I'm not too negative at the moment and tend to stay calm in the face of a correction, but I'm still hopeful about 5 green candles for 1M TF.I would be glad to see bitcoin reach an ATH next year because it only means that there is another ATH in 2025, maybe $200k? $100k is my conservative ATH target but I am hoping for something higher.
Even if the bitcoin price drops to a lower level then I think it's still ok for me. Just like you, the current accumulation is a very wise choice before waiting for the next bullish. A market recovery is coming, but I think for the rest of April it's just very sideways.
Nothing else when the price goes down is to accumulate I also hope it can go even lower but when it goes up I will wait and it is certain that after that it will have another correction and it is better to buy bitcoin when it goes down.
point out precisely on whats really happening on this market. As for speaking about feelings then we know that seeing 30k once again for this year is really that giving out that ease and confidence.
Price is starting to climb up once again and we might be seeing 40k soon if these price pumps or movement going up would really be that gradually be on this way. Somewhat we cant really be making ourselves
that too confident because market could still make out some dip or correction but of course it would really be totally depending on the market makers in between sellers and buyers.
There's no way on knowing on how it would really be ending up specially on this year alone. Thing here is that you should go with the flow.
When bitcoin touched $30k I was expecting a $28k correction but it only touched $29k and then back to $30k again yesterday. So today, here it is the $28k correction. I managed to purchase some satoshis to complete my DCA this month. Now I believe $25k is still reachable but I just do not know when. Maybe in the next few weeks or months, we will see it at $25k. For now, I expect the price to move back to $30k again after a healthy correction.
I would be glad to see bitcoin reach an ATH next year because it only means that there is another ATH in 2025, maybe $200k? $100k is my conservative ATH target but I am hoping for something higher.
There is a possibility of a return to $25K during April which has allowed it to be support so far since $27K occurred. Bitcoin's correction in recent days seems too fast for me as I believe that the price increase will be at least 5 months in a row. But of course I'm not too negative at the moment and tend to stay calm in the face of a correction, but I'm still hopeful about 5 green candles for 1M TF.I would be glad to see bitcoin reach an ATH next year because it only means that there is another ATH in 2025, maybe $200k? $100k is my conservative ATH target but I am hoping for something higher.
Even if the bitcoin price drops to a lower level then I think it's still ok for me. Just like you, the current accumulation is a very wise choice before waiting for the next bullish. A market recovery is coming, but I think for the rest of April it's just very sideways.
Nothing else when the price goes down is to accumulate I also hope it can go even lower but when it goes up I will wait and it is certain that after that it will have another correction and it is better to buy bitcoin when it goes down.
Short term the chart is showing some bearish signals. Looking at the weekly chart you can see signs of a double top with lower highs. That is pretty much a death knell for short term investments. I personally wouldn’t be surprised if we smashed through $30K any time. If I were a trader relying on chart analysis though, I’d be selling here at $29,600 to buy back around $27,500.
I don't know where you saw the double top on the weekly chart and why you think bearish signals are starting to appear. In my opinion the chart looks bullish since January of this year. The bears tried to drop the price at the beginning of the week, but it quickly recovered. Of course I don't have a crystal ball, but it seems to me that the uptrend for bitcoin is not over and the price will rise. I wouldn't sell now.Perhaps it was because of the current price movement, 2 days ago we got to $30k again then went to ->$27k. Now we bounce back to $29k, so maybe we can interpret it as like catching a falling knife.
In any case though, we will how far this bounce is and where it's going to be, maybe at the end of the month we can see $30k again. Although it might not be the green candle or not enough to see the end of the month going green as compare to the last 3 months of the year. But still at $30k, it's a good price to end this April.
Short term the chart is showing some bearish signals. Looking at the weekly chart you can see signs of a double top with lower highs. That is pretty much a death knell for short term investments. I personally wouldn’t be surprised if we smashed through $30K any time. If I were a trader relying on chart analysis though, I’d be selling here at $29,600 to buy back around $27,500.
I don't know where you saw the double top on the weekly chart and why you think bearish signals are starting to appear. In my opinion the chart looks bullish since January of this year. The bears tried to drop the price at the beginning of the week, but it quickly recovered. Of course I don't have a crystal ball, but it seems to me that the uptrend for bitcoin is not over and the price will rise. I wouldn't sell now. Prices are now showing they are undergoing a correction and after yesterday's drop to $29k we were able to get back up to where it was before the correction to $29k and this coincided at $30k, and today the correction is happening again making the price decrease a few percent which is where the price is at around $28k, and this is normal given the volatile and correctional nature of Bitcoin, so this should be a good time to buy as most Investors have been doing it for a while.
The market often goes into significant dips after hitting a recovery price, the $30k price has fallen on the chart and we expect the price to recover soon as the impact of the bitcoin price will be huge for other altcoins. If you want to buy at the current price, follow the advice of the DCA investment pattern to invest in stages because the market is unpredictable and bad possibilities can occur at any time, consider the investment risk and it is advisable to be patient waiting for the next price correction.We holders in small and medium quantities have been using the DCA pattern technique to get more assets, yesterday's price correction event gave us the opportunity not to miss the moment of correction that occurred to instead add Bitcoin assets, indeed the market is unpredictable accurately, it's just that we read the movement from the current market chart and so far we are still consistently doing DCA.
Short term the chart is showing some bearish signals. Looking at the weekly chart you can see signs of a double top with lower highs. That is pretty much a death knell for short term investments. I personally wouldn’t be surprised if we smashed through $30K any time. If I were a trader relying on chart analysis though, I’d be selling here at $29,600 to buy back around $27,500.
When bitcoin touched $30k I was expecting a $28k correction but it only touched $29k and then back to $30k again yesterday. So today, here it is the $28k correction. I managed to purchase some satoshis to complete my DCA this month. Now I believe $25k is still reachable but I just do not know when. Maybe in the next few weeks or months, we will see it at $25k. For now, I expect the price to move back to $30k again after a healthy correction.
I would be glad to see bitcoin reach an ATH next year because it only means that there is another ATH in 2025, maybe $200k? $100k is my conservative ATH target but I am hoping for something higher.
There is a possibility of a return to $25K during April which has allowed it to be support so far since $27K occurred. Bitcoin's correction in recent days seems too fast for me as I believe that the price increase will be at least 5 months in a row. But of course I'm not too negative at the moment and tend to stay calm in the face of a correction, but I'm still hopeful about 5 green candles for 1M TF.I would be glad to see bitcoin reach an ATH next year because it only means that there is another ATH in 2025, maybe $200k? $100k is my conservative ATH target but I am hoping for something higher.
Even if the bitcoin price drops to a lower level then I think it's still ok for me. Just like you, the current accumulation is a very wise choice before waiting for the next bullish. A market recovery is coming, but I think for the rest of April it's just very sideways.
too slow on past year. Now we cant really be able to deny that we are now on the waiting game considering that the price is staggering to play around on this level which it might be taking a while
before we could see that it will really be making some significant movement or until the bull run comes. When it comes to feelings then it is really good to feel out that we are really that seeing
some progress for this year.
Now we are just waiting for the price to climb and breaking that 30k barrier and would be proceeding again on 40k and so on. Somewhat its not really that good if you do make
yourself put in a hurry in speaking with price movements because this would really just simply create some errors and mistakes which is something that we do need to avoid.
When bitcoin touched $30k I was expecting a $28k correction but it only touched $29k and then back to $30k again yesterday. So today, here it is the $28k correction. I managed to purchase some satoshis to complete my DCA this month. Now I believe $25k is still reachable but I just do not know when. Maybe in the next few weeks or months, we will see it at $25k. For now, I expect the price to move back to $30k again after a healthy correction.
I would be glad to see bitcoin reach an ATH next year because it only means that there is another ATH in 2025, maybe $200k? $100k is my conservative ATH target but I am hoping for something higher.
There is a possibility of a return to $25K during April which has allowed it to be support so far since $27K occurred. Bitcoin's correction in recent days seems too fast for me as I believe that the price increase will be at least 5 months in a row. But of course I'm not too negative at the moment and tend to stay calm in the face of a correction, but I'm still hopeful about 5 green candles for 1M TF.I would be glad to see bitcoin reach an ATH next year because it only means that there is another ATH in 2025, maybe $200k? $100k is my conservative ATH target but I am hoping for something higher.
Even if the bitcoin price drops to a lower level then I think it's still ok for me. Just like you, the current accumulation is a very wise choice before waiting for the next bullish. A market recovery is coming, but I think for the rest of April it's just very sideways.
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