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Topic: Bitcoin price stay above $40000? - page 3. (Read 1454 times)

legendary
Activity: 1624
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Gamble responsibly
April 02, 2022, 05:52:09 AM
The war has no impact than making bitcoin price to increase.
The same central banks may start looking towards cryptocurrencies. For example, the Ukrainian government legalized cryptocurrencies, and the Russian government began to view cryptocurrencies as a way to circumvent sanctions, so the war has a big impact on bitcoin, from raising the price of the asset to accepting bitcoin as a reserve asset and making it legal tender.
Thanks for the analyses, but we are still on the same page, I am not saying the war has no impact on the price of bitcoin but some people always think the impact is that the price of bitcoin will decrease. Like I said, I do not say it has no impact, but the impact is on the positive side which is adoption and increase in bitcoin price.
legendary
Activity: 2968
Merit: 3684
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April 02, 2022, 03:31:28 AM
So bears would have been shorting now I guess.

And that's precisely what they were doing, yesterday some selling pressure as limits hit and scalpers took profit but it didn't last long at all. Those sells are wiped out, and buyers have taken the ride up, accumulation phase I'm not fully on board yet, but the signs are definitely getting stronger.

Again, more important this month is not 50k, but to stay above 40k.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
April 02, 2022, 03:19:14 AM
I think it is very difficult to predict exactly whether the bitcoin price will stay above $40k or will continue to decline until it hits $30k because there are so many factors that can affect the market and also like the current war situation between Russia and Ukraine
Moreover, the last few week the price of bitcoin had dropped to the range of $38k, but now the price of bitcoin has returned to the range of $46-$47k. Therefore, let's see if the current price increase will continue or will it fall again.
I do not know about world war, but war that have happened in the past in a particular country, or something related to war or crises, people in such area buy more bitcoin. Even in such countries, the price of bitcoin do go up higher than the actually price, people will buy and sell in premium price.

About the war in Ukraine, there was a decrease in price when Putin declared invasion, just little decrease, the price was around $38000 at that time. But before the next 12 hours, the price of bitcoin has risen back. Which means it was caused by panic. The price of bitcoin later increase above $40000 and headed to $48000. The war has no impact than making bitcoin price to increase.

Nobody knows yet where bitcoin price may be heading to this time, it can be below $40000 or above $40000. Although, if below $40000 which is what I am think but guessing, the bull time is still coming when the price will still also rise again.
sr. member
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Merit: 278
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April 02, 2022, 01:24:01 AM
I am been having doubt recently that the price of bitcoin may not stay long above $40000, it is like the market is full of bears than bulls or maybe the bulls have become bears for this time until the next bull phase. Bitcoin increase some days ago above $45000, it decreased back to $41500, then increase again yesterday to $44500. I have predicted that if the price do not touch $45000 and above for now, that it is possible the bears will dominate and which is happening. Since yesterday, the price of bitcoin has slightly been on the decreasing side.

Everyone is expecting bitcoin to get to $50000 again, but I am thinking this is not possible for now, I know the price will increase above $50000 but I think it is not now. But what I am mostly thinking about right now is that will $40000 be a support for bitcoin or will the price still decrease further again making it to touch $30000.
I think it is very difficult to predict exactly whether the bitcoin price will stay above $40k or will continue to decline until it hits $30k because there are so many factors that can affect the market and also like the current war situation between Russia and Ukraine
Moreover, the last few week the price of bitcoin had dropped to the range of $38k, but now the price of bitcoin has returned to the range of $46-$47k. Therefore, let's see if the current price increase will continue or will it fall again.
full member
Activity: 1484
Merit: 101
April 01, 2022, 03:01:39 AM
Actually this is a good opportunity and opportunity to buy bitcoin, seeing the rapid development of bitcoin and being legalized in many countries, I'm optimistic that this year the bitcoin price will reach $100k soon, don't say it's too late if we see bitcoin prices some time.
hero member
Activity: 2632
Merit: 833
April 01, 2022, 01:43:21 AM
Quote
I think, for now, I see growing positive sentiment that could push the Bitcoin price up to $50k. Even the Bitcoin price has risen above the $40k level to its current $47k position. Therefore, I estimate that the bitcoin price will likely continue to rise and the bitcoin price will likely touch $55k again.

I agree with you because the price of bitcoin is preparing to hit back $55,000 before the end of this month of April. Since the price of bitcoin has moved from $38,000 to $47,000, show it will definitely hit higher for long term and short term investors to smile again as never before in the community. Despite the price of bitcoin is not too stable yet in the market, but it will be difficult for the price to decrease to $40,000 than to continue increasing till it get to $60,000 that will make everybody not to miss the opportunity, because that is the price everybody is waiting to see before they can sell to make a huge amount of money from their investment.


I have doubts that we can hit as high as $55k at the end of April. As you can see, the price has  dip to $44k now and I have a gut feeling that it can go to the lower $40k again. Investors will always play the market to matter what, to their liking, be it short or long term goal. But for us retail investors, I would say more of the long term. But we will have to see, for me we are in a bearish path, so definitely the price could go down this year (hopefully I'm wrong with my prediction).
full member
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March 31, 2022, 11:48:43 PM
Quote
I think, for now, I see growing positive sentiment that could push the Bitcoin price up to $50k. Even the Bitcoin price has risen above the $40k level to its current $47k position. Therefore, I estimate that the bitcoin price will likely continue to rise and the bitcoin price will likely touch $55k again.

I agree with you because the price of bitcoin is preparing to hit back $55,000 before the end of this month of April. Since the price of bitcoin has moved from $38,000 to $47,000, show it will definitely hit higher for long term and short term investors to smile again as never before in the community. Despite the price of bitcoin is not too stable yet in the market, but it will be difficult for the price to decrease to $40,000 than to continue increasing till it get to $60,000 that will make everybody not to miss the opportunity, because that is the price everybody is waiting to see before they can sell to make a huge amount of money from their investment.
member
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March 31, 2022, 09:22:18 PM
I am been having doubt recently that the price of bitcoin may not stay long above $40000, it is like the market is full of bears than bulls or maybe the bulls have become bears for this time until the next bull phase. Bitcoin increase some days ago above $45000, it decreased back to $41500, then increase again yesterday to $44500. I have predicted that if the price do not touch $45000 and above for now, that it is possible the bears will dominate and which is happening. Since yesterday, the price of bitcoin has slightly been on the decreasing side.

Everyone is expecting bitcoin to get to $50000 again, but I am thinking this is not possible for now, I know the price will increase above $50000 but I think it is not now. But what I am mostly thinking about right now is that will $40000 be a support for bitcoin or will the price still decrease further again making it to touch $30000.
If you look at the developments in the previous year, maybe yes what you said, but hasn't the price decline against bitcoin not yet reached its lowest point until now, indeed the correction and recovery conditions still seem dominant in the market, but I think this will return to normal in the month of May, and I predicting bitcoin will not touch the price of $ 30000 in the future, I am still very optimistic that bitcoin will reach its highest price this year, and hopefully this will be achieved
legendary
Activity: 1624
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Gamble responsibly
March 31, 2022, 11:41:29 AM
I think, for now, I see growing positive sentiment that could push the Bitcoin price up to $50k. Even the Bitcoin price has risen above the $40k level to its current $47k position. Therefore, I estimate that the bitcoin price will likely continue to rise and the bitcoin price will likely touch $55k again.
The price of bitcoin has be increasing and got above $48000, but the price decreased a little to around $47000, it has been around this price since two or three days ago, if this is getting longer, likely the price of bitcoin may not increase as it started from $38000 and likely the price may decrease more, but I am thinking it will not decrease below $42000 while $40000 would be a strong support.
hero member
Activity: 2534
Merit: 605
March 31, 2022, 01:40:30 AM
I think, for now, I see growing positive sentiment that could push the Bitcoin price up to $50k. Even the Bitcoin price has risen above the $40k level to its current $47k position. Therefore, I estimate that the bitcoin price will likely continue to rise and the bitcoin price will likely touch $55k again.
When bitcoin got to $40000, it only takes some hours to move higher, even if it will move back to low price, the next increase were significant to the extent it moved so higher than previous price. After it got to $48150, it has been its peak and it reduced back to $47400. If the price stay long at this present range, it is very possible that bear market is coming. So bears would have been shorting now I guess.
I believe that the reverse is a bit more possible. I believe that if we are talking about price getting stuck after a big increase that usually means that we hit a barrier and we are regrouping to get better. Doesn't mean that we will be losing much, we could end up getting even better in the long run.

All we need to handle right now is that we should be focusing on regrouping, getting a better support and weakening the resistance level. If we can do that, then we could break above that 48k+ price very easily and be above 50k. Obviously I could be wrong, who knows what bitcoin will do, nobody really "knows", we are just making predictions but I do believe that we are going to do better.
sr. member
Activity: 1428
Merit: 252
March 30, 2022, 09:31:09 AM
A good thing in the last few days because bitcoin continues to rise and almost reaches $50k again, the daily transaction volume that continues to increase makes me optimistic that in april bitcoin prices can reach $60k and of course there will be new ATH again before june or my forecast is April to May.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
March 30, 2022, 04:07:17 AM
I think, for now, I see growing positive sentiment that could push the Bitcoin price up to $50k. Even the Bitcoin price has risen above the $40k level to its current $47k position. Therefore, I estimate that the bitcoin price will likely continue to rise and the bitcoin price will likely touch $55k again.
When bitcoin got to $40000, it only takes some hours to move higher, even if it will move back to low price, the next increase were significant to the extent it moved so higher than previous price. After it got to $48150, it has been its peak and it reduced back to $47400. If the price stay long at this present range, it is very possible that bear market is coming. So bears would have been shorting now I guess.
full member
Activity: 1189
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March 28, 2022, 01:45:00 AM
I think, for now, I see growing positive sentiment that could push the Bitcoin price up to $50k. Even the Bitcoin price has risen above the $40k level to its current $47k position. Therefore, I estimate that the bitcoin price will likely continue to rise and the bitcoin price will likely touch $55k again.
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
March 26, 2022, 09:42:02 AM
good news, if Bitcoin  can stay above $40000 and don't fall below $40000 again,
then i am sure that Bitcoin will try to rise at the level of $50000, this is only just to my analysis,

you can look for other references, many on twitter that discuss Bitcoin prices,
hopefully it can goes up to our expectations.
Bad news is it hasn't break the daily yet at $46k and I think that it will still have room for some sideways movement from here but if broken I'd say it will become a parabolic rally. Not to taken lightly those twitter discussion but some analysis out there are sometimes overrated in a sense.
member
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Futiracoin.com
March 26, 2022, 09:25:44 AM
The market is currently quite speculative, there is a lot of negative support involving bitcoin in the market, so the price of bitcoin continues to be suppressed until now,
There has been downturn few weeks ago but this week has been different, right from last week weekend up to today (Friday), the price of bitcoin has-been more on the bull side and the price of bitcoin has risen from price below $38000 to over $43500. The market has been bulksih recently.
Yes, that's right, recently bitcoin has shown a gradual bull, so bitcoin has gone up from $38000 to $43500, but the next question is, will this last or bitcoin return to its previous price, because the market has not fully recovered in my opinion
I have doubts in the near future for bitcoin to recover, the current price is likely to fall again when viewed from the market scheme of bitcoin sentiment, not yet plus several cases that are happening in the world, which make the issue of bitcoin even worse, this is what pushes bitcoin more and more difficult to rise in the near future
If you mean the war in Ukraine as somethings happening in the world, do not think the war is yet that connect to bull and bear price of bitcoin. In long term, bitcoin will still also increase in oroyce, reach ATH again.
Not related to the long term, I mean there is another side that affects bitcoin for now, which is caused by the impact of the war, even though the reality is not that big of an impact, even before the war started, bitcoin has been corrected for a long time
full member
Activity: 1110
Merit: 104
March 25, 2022, 09:52:11 AM
good news, if Bitcoin  can stay above $40000 and don't fall below $40000 again,
then i am sure that Bitcoin will try to rise at the level of $50000, this is only just to my analysis,

you can look for other references, many on twitter that discuss Bitcoin prices,
hopefully it can goes up to our expectations.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
March 25, 2022, 02:15:33 AM
The market is currently quite speculative, there is a lot of negative support involving bitcoin in the market, so the price of bitcoin continues to be suppressed until now,
There has been downturn few weeks ago but this week has been different, right from last week weekend up to today (Friday), the price of bitcoin has-been more on the bull side and the price of bitcoin has risen from price below $38000 to over $43500. The market has been bulksih recently.

I have doubts in the near future for bitcoin to recover, the current price is likely to fall again when viewed from the market scheme of bitcoin sentiment, not yet plus several cases that are happening in the world, which make the issue of bitcoin even worse, this is what pushes bitcoin more and more difficult to rise in the near future
If you mean the war in Ukraine as somethings happening in the world, do not think the war is yet that connect to bull and bear price of bitcoin. In long term, bitcoin will still also increase in oroyce, reach ATH again.
member
Activity: 588
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Futiracoin.com
March 25, 2022, 12:58:47 AM
I am been having doubt recently that the price of bitcoin may not stay long above $40000, it is like the market is full of bears than bulls or maybe the bulls have become bears for this time until the next bull phase. Bitcoin increase some days ago above $45000, it decreased back to $41500, then increase again yesterday to $44500. I have predicted that if the price do not touch $45000 and above for now, that it is possible the bears will dominate and which is happening. Since yesterday, the price of bitcoin has slightly been on the decreasing side.

Everyone is expecting bitcoin to get to $50000 again, but I am thinking this is not possible for now, I know the price will increase above $50000 but I think it is not now. But what I am mostly thinking about right now is that will $40000 be a support for bitcoin or will the price still decrease further again making it to touch $30000.
The market is currently quite speculative, there is a lot of negative support involving bitcoin in the market, so the price of bitcoin continues to be suppressed until now, I have doubts in the near future for bitcoin to recover, the current price is likely to fall again when viewed from the market scheme of bitcoin sentiment, not yet plus several cases that are happening in the world, which make the issue of bitcoin even worse, this is what pushes bitcoin more and more difficult to rise in the near future
legendary
Activity: 2338
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March 25, 2022, 12:26:01 AM
Yeah, once again that proves that the market is totally unpredictable because no matter how much negative speculations that we saw, the flow of the price is still going in the opposite direction.
I don't think Bitcoin price move in the opposite direction. There should be some reasons why Bitcoin price can increase or decrease. The current increase (BTC hits $44k) is probably the impact of good news about crypto from Ukraine and USA. People are interested to buy more Bitcoin because they view the potential for an improvement on Bitcoin in the near future. It was very different from the situation when BTC price dropped around $35k several weeks ago, people were afraid to buy Bitcoin because of the issue of the world's economic status. The demand was decreasing much, people are worried the war may bring negative impacts to crypto market. So, basically, BTC price moves according to the current situation in crypto, and it can be a bit predictable. IMO

I was a little bit skeptic with the current run, specially when it hits $43,000 again, but seeing the price going as high as $44,000 right now, hard not to think that this could be a bull run or just a bull trap. So we still need to be very cautious in our trading strategy right now, it's better to wait for the price to at least go down to buy and get inside. Of course, there is always the FOMO, but then again, with the war in Europe, we don't know if this the reason behind or it's just that Bitcoin narrative has change, cycles has evolved as well. There were even a call that we might be seeing super cycles, so we will see how it goes.
The good news keeps popping up causing BTC price to rise to 44k yesterday, but it's best that we patiently watch and wait. This is not a good time to FOMO, I still expect BTC to hit 50k by the end of this month but that is just a guess as this is most likely a bull trap.
A lot of people predict this is not bitcoin's bull season but altcoins season, along with BTC a lot of Alts have had rallies in the past week.
legendary
Activity: 3080
Merit: 1353
March 24, 2022, 08:25:33 PM
Yeah, once again that proves that the market is totally unpredictable because no matter how much negative speculations that we saw, the flow of the price is still going in the opposite direction.
I don't think Bitcoin price move in the opposite direction. There should be some reasons why Bitcoin price can increase or decrease. The current increase (BTC hits $44k) is probably the impact of good news about crypto from Ukraine and USA. People are interested to buy more Bitcoin because they view the potential for an improvement on Bitcoin in the near future. It was very different from the situation when BTC price dropped around $35k several weeks ago, people were afraid to buy Bitcoin because of the issue of the world's economic status. The demand was decreasing much, people are worried the war may bring negative impacts to crypto market. So, basically, BTC price moves according to the current situation in crypto, and it can be a bit predictable. IMO

I was a little bit skeptic with the current run, specially when it hits $43,000 again, but seeing the price going as high as $44,000 right now, hard not to think that this could be a bull run or just a bull trap. So we still need to be very cautious in our trading strategy right now, it's better to wait for the price to at least go down to buy and get inside. Of course, there is always the FOMO, but then again, with the war in Europe, we don't know if this the reason behind or it's just that Bitcoin narrative has change, cycles has evolved as well. There were even a call that we might be seeing super cycles, so we will see how it goes.
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