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Topic: Bitcoin just smashed through $30k (Read 468 times)

sr. member
Activity: 1988
Merit: 453
January 04, 2021, 07:03:48 AM
#51
After successfully breaking the price $ 34,000 now Bitcoin has finally corrected to a price of $ 29,000. This is a very natural thing to happen,
because some Bitcoin holders do take profit. But I find the support price at $ 29,000 very strong, so there is a big possibility that the price will
go up again and the possibility to go up higher than the price of $ 34,000. Because if the Bitcoin price rises without correction, in my opinion,
it is not healthy, and there can be a very deep dump. But if there is a small correction like now, it would be very good to make the price go
much higher.

During the past couple of hours, the prices have recovered from $29,000 to $31,000. I would not even call this as a full-scale correction. Rather, it is just like a minor dip. Within the next couple of days, we should be back at 34K. The rapid recovery confirms one thing. The demand for Bitcoin is still quite robust and the whales are making use of every opportunity to accumulate as many coins as they can.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
January 04, 2021, 05:26:15 PM
#48
It really is. Upon the ending of year 2020, we have already seen that the price of Bitcoin is fast approaching the path towards $30,000 when it have surpassed its last recorded ATH way back 2017 when it smashes the $23,000 price after attaining the reaching of its last ATH that we are all have been waiting for after a couple of year. The new year of 2021 have been brightly gifted to witness the entrance of the new ATH recording of Bitcoin's another smash all the way to the top that makes everyone specially Bitcoin holders going excited about what is currently happening. But always keep in mind that the price is still not that stable for there are still certain ups and downs happening even after Bitcoin reach the $30,000 so better be careful upon doing entrance to secure getting profit.
full member
Activity: 1190
Merit: 117
January 04, 2021, 06:17:38 AM
#47
After successfully breaking the price $ 34,000 now Bitcoin has finally corrected to a price of $ 29,000. This is a very natural thing to happen,
because some Bitcoin holders do take profit. But I find the support price at $ 29,000 very strong, so there is a big possibility that the price will
go up again and the possibility to go up higher than the price of $ 34,000. Because if the Bitcoin price rises without correction, in my opinion,
it is not healthy, and there can be a very deep dump. But if there is a small correction like now, it would be very good to make the price go
much higher.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
January 04, 2021, 05:44:25 AM
#46
No problems. Happy new year everyone! Onwards and upwards!

But now looks Like Bitcoin is being full Down back to below 30,000

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


For the Last couple of hours, the continuing Drops are Happening , Not only for Bitcoin but Altcoin also.

If this will be the expected correction then Good to Have more now, But if a crash May come ,Be ready and keep eye open.
legendary
Activity: 2282
Merit: 1023
January 04, 2021, 05:09:47 AM
#45
What is going on with Ethereum? It has went up by 30% during the last 24 hours. Now ETH is well past the historic resistance level of BTC0.03 per coin. Most of the other altcoins are up by anywhere from 15% to 25%, including Litecoin, Polkadot, Bitcoin Cash and Cardano. And the Bitcoin dominance has decreased from 72% to 69% in a matter of few hours. Are these trends going to hold?
The ETH 2.0 is the reason for the rally and it is yet to reach its all time high valuation while bitcoin smashed through its all time high valuation and was rallying for a very long time and it is time to have a small correction and lets see how long this will hold, whether investors will be jumping in to invest again.

I was waiting for a correction in bitcoin and i was surprised to see that it went down 9% today while the alts gained and i am curious to see how the market will react in the next few days.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
January 04, 2021, 02:10:41 AM
#44
It is a big surprise to us because we see bitcoin price can break $34 in the short term, and we can celebrate it by selling some bitcoin we have to make a profit.
We have more time to see the bitcoin price will increase more than the price now, and I think sooner or later, we will see bitcoin price will touch $40k or even more because the price has that chance to hit it.
But we should wait for a while because we do not know if the price can increase to $40k in a short time or not, and I see a battle on the market.
I guess that people now are amazing to see bitcoin power, and they will shock to see bitcoin price will be at $40k this year.

The significant increase in a short period of time that could reach 34k made me surprised dude.
as if bitcoin can't be stopped continues to be on the right track, it is not impossible that this increase will continue towards $ 50k and make bitcoiners rejoice.
I am surprised too to see bitcoin price can jump to $34k in the short term.
But it seems, the step of bitcoin to back to $34k is not as smooth as what we want because the price now back to the $34k level.
I am sure the bitcoin price will have more power to increase and back to $34k and increase more than that price.
If the bitcoin price can hit $50k, that will give us a bigger profit which we hard to imagine.
I can not think what will people out there that underestimate bitcoin for a long time, and maybe they will regret and cry to see the power of bitcoin.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
January 03, 2021, 11:35:26 PM
#43
What is going on with Ethereum? It has went up by 30% during the last 24 hours. Now ETH is well past the historic resistance level of BTC0.03 per coin. Most of the other altcoins are up by anywhere from 15% to 25%, including Litecoin, Polkadot, Bitcoin Cash and Cardano. And the Bitcoin dominance has decreased from 72% to 69% in a matter of few hours. Are these trends going to hold?
member
Activity: 117
Merit: 28
January 03, 2021, 10:47:08 PM
#42
2021 will surely be a year of bull market!!! hopefully we can buy more coins and earn lots of money Smiley
legendary
Activity: 2702
Merit: 3037
Top Crypto Casino
January 03, 2021, 10:00:27 AM
#41
I'm not as optimistic as most of you guys. The price kept rising fastly during the last few days without showing any sign to slow down which is not a healthy sign. I would be  if there were few corrections every now and then.
Besides, there is no logical reason behind this sudden surge.
I just can't forget the 2017-2018 scenario when the price dropped from 20k+ to 8k in one month.
hero member
Activity: 2520
Merit: 783
January 03, 2021, 08:59:25 AM
#40
This is a sign that 2021 will be more better than 2020. Bitcoin indeed has prove that it remain the king among other cryptocurrencies with steady pumping from $29k in 2020 to $32k in 2021 which is really causing many customers a great joy. New year new system, that is to show that bitcoin will reach $60k before 2022.
Without iota of doubt the year 2020 can't be compare to what is going to happen in bitcoin market this year 2021. There are signals about bitcoin showing it greatness this year and we should wait for this to happen. Institutional investors will help this to be realize soon, imagine bitcoin just made some remarkable move toward $35k and when this is realizable then $50k shouldn't be a problem than.

Well there's no problem with that if more demands will came and we will see the market cap became trillions since for sure if we reach that maybe we can see the price reached at $50k that's why let's hope that we will not encounter any big market issue since if all things good by this year then that price is reachable or maybe there's more we can see from it.
hero member
Activity: 2716
Merit: 904
January 03, 2021, 08:53:59 AM
#39
I've recently got to know this.  In 2009 I just entered college. I wish I bought some bitcoin at that time. ha ha ha  Grin

It's not too glad, I'm glad bitcoin's bull run get your attention. I suggest that you watch closely the price movement, and do a little study on bitcoin before you invest, not the right time to invest, you can buy bitcoin at a cheaper price if it will correct, but please I'm not saying it will happen, I'm just speculating too and that's based on what I see in the past.

Anyway, the pump still continues, don't know when it will stop but at the moment, it looks like bitcoin is gonna break $40k soon.
full member
Activity: 574
Merit: 125
January 03, 2021, 08:49:11 AM
#38
Bitcoin keeps on moving forward and this is good for every bitcoin user, it is a big profit for every bitcoiners hoping that most of us invested a lot when the value is not that too much, actually, it already reaches and overcomes my expected value, I only expect that it could reach $20k within 2020 but it exceeds with that value and now continues increasing to the point that it reaches $34000, hoping that it could still go up but I am still worrying that it could go down eventually.
newbie
Activity: 1
Merit: 0
January 03, 2021, 05:42:15 AM
#37
I've recently got to know this.  In 2009 I just entered college. I wish I bought some bitcoin at that time. ha ha ha  Grin
copper member
Activity: 2912
Merit: 1279
https://linktr.ee/crwthopia
January 03, 2021, 05:33:50 AM
#36
For everyone feeling FOMO, don't worry, I feel you. It's okay because now that Bitcoin has shown its potential to rise above everything else, then you are sure to get more once you have enough money. Imagine being able to get more of it from the dips. I'm not sure when it will happen, but it still shows no signs of slowing down. The more parabolic move it makes, the more it tends to fall as fast too. So be careful too.

I'm happy for those who didn't sell at the top for sure. Cheesy
newbie
Activity: 9
Merit: 0
January 03, 2021, 05:30:08 AM
#35
waiting to see the reaction of the US stock market tomorrow, a lot of puts to be closed out
sr. member
Activity: 1876
Merit: 318
January 03, 2021, 05:28:59 AM
#34
There is only one word to describe Bitcoin which is "AMAZING", I am already at a loss for words to vent my excitement over the achievement of
Bitcoin. Because the 3-year wait since 2017 this year has finally been realized, I can recover the losses I experienced in 2018. And now Bitcoin
has produced many new rich people, the suffering we are experiencing due to the COVID-19 pandemic can be cured by the increase  in the price of
Bitcoin. Hopefully Bitcoin can continue to rise even higher.
sr. member
Activity: 1876
Merit: 259
January 03, 2021, 04:33:44 AM
#33
It is a big surprise to us because we see bitcoin price can break $34 in the short term, and we can celebrate it by selling some bitcoin we have to make a profit.
We have more time to see the bitcoin price will increase more than the price now, and I think sooner or later, we will see bitcoin price will touch $40k or even more because the price has that chance to hit it.
But we should wait for a while because we do not know if the price can increase to $40k in a short time or not, and I see a battle on the market.
I guess that people now are amazing to see bitcoin power, and they will shock to see bitcoin price will be at $40k this year.

The significant increase in a short period of time that could reach 34k made me surprised dude.
as if bitcoin can't be stopped continues to be on the right track, it is not impossible that this increase will continue towards $ 50k and make bitcoiners rejoice.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
January 03, 2021, 03:56:38 AM
#32
It is a big surprise to us because we see bitcoin price can break $34 in the short term, and we can celebrate it by selling some bitcoin we have to make a profit.
We have more time to see the bitcoin price will increase more than the price now, and I think sooner or later, we will see bitcoin price will touch $40k or even more because the price has that chance to hit it.
But we should wait for a while because we do not know if the price can increase to $40k in a short time or not, and I see a battle on the market.
I guess that people now are amazing to see bitcoin power, and they will shock to see bitcoin price will be at $40k this year.
jr. member
Activity: 30
Merit: 3
January 03, 2021, 03:00:04 AM
#31
We will see $50K with month Roll Eyes
sr. member
Activity: 770
Merit: 284
★Bitvest.io★ Play Plinko or Invest!
January 03, 2021, 02:34:52 AM
#30
Never thought that it would reach this high.

I thought it would just hit $22K - $25K but right now we are at $32K and it is still going up not even stopping from the rally that might reach another ATH which might be $34K or $35K. I don't know what is happening but it seems this year might be one of the best years the Bitcoin community and history has even known.



Its now heading for the $35000.  It goes very quickly now.

Maybe not in percentage but it are big steps in absolute numbers.
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