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
Topic: Bitcoin price stay above $40000? - page 4. (Read 1454 times)
Just as nobody expected, the price increased all over again. It was going a slight bit lower today, and everyone assumed it would be 38k again (then 42 again and 38 again etc) but it broke the chain. Now we are at 44k all over, and people are acting as if nobody knew this could happen. When in fact, everyone who knows how the crypto market works already said that this was the last of the cycle and it would get better from here. Why was it so obvious? Because the support was building a lot faster at a lot higher price, it was such an obvious situation. In the end, its fine, and we should feel fine, nobody is late, not even now.
I am also happy that despite a lot of bearish analyses and sentiments spreading around, the price is still fighting to remain above $40,000. It has been rough in the $40,000 battle. Sometimes it is won, sometimes it is lost. But now $40,000 is $2,000 away. I hope $40,000 won't fall anymore and we will be seeing Bitcoin trying to knock at the $50,000 door. Not only is it possible within March, it is very possible within the month.
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. It seems that btc won't disappoint the people that is rooting for it. Btc needs to do it, now is the time to do a payback because it got dumped few months ago. Have you check the price earlier before you comment?I don't know what is its price earlier but I check just now and I see that btc was now at 43.9k. It can be said that btc is now stable at the range of 40k but I am not sure if 50k can be touched within this month because we only have 7 days left.
There is a series of lower highs on the daily bars for this year thus far which has to be defeated as a possible trend. If this recent high holds and we do not defeat that relative high then it could be seen a reason to be more cautious.
I think the uptrend is stronger but its best not to assume any pattern observable is not going to hold so the overlying series of lower prices on this irregular pattern will need to be tested and we'll at that point find out how solid it is. Usually any trend does initially have some sell before later being exceeded by continued buying if we do prove to be bullish over this week for example.
I think the uptrend is stronger but its best not to assume any pattern observable is not going to hold so the overlying series of lower prices on this irregular pattern will need to be tested and we'll at that point find out how solid it is. Usually any trend does initially have some sell before later being exceeded by continued buying if we do prove to be bullish over this week for example.
Happy because today Bitcoin rose more than 3% and we were in the $ 42K position, I was sure the price surge would continue to occur so it would not hesitate to continue buying before the more expensive, seeing the trend in the market, I was optimistic that March prices could reach $ 50k.
I am also happy that despite a lot of bearish analyses and sentiments spreading around, the price is still fighting to remain above $40,000. It has been rough in the $40,000 battle. Sometimes it is won, sometimes it is lost. But now $40,000 is $2,000 away. I hope $40,000 won't fall anymore and we will be seeing Bitcoin trying to knock at the $50,000 door. Not only is it possible within March, it is very possible within the month.
and the good and bad news that has happened puts bitcoin's movement in doubt, but I think it will tend to move up slowly.
on it do make out some recovery which do plays around on 40k+ above which it is mind boggling if it would really able to break this resistance and would continue to 50k.I know its not really that appealing to rush
but we are really that staying into this level for so long.So this would be basically a test of patience on holding your position.
Happy because today Bitcoin rose more than 3% and we were in the $ 42K position, I was sure the price surge would continue to occur so it would not hesitate to continue buying before the more expensive, seeing the trend in the market, I was optimistic that March prices could reach $ 50k.
Bitcoin rose to $43500 yesterday, but decreased 3% today, it decreased to $41900 and rose to $42500 today. Now the price is slightly drastically decreasing/or probably fluctuating at a specific price. The price can go up at anytime but this is showing bear market to me but which may not be that significant.Yes and that is why what we only need is to invest the funds we can afford to wait long or stay away for a while .
This applies to trading for me, but for holding, I can even hold the money I have in fiat which I do not want to spend for long time, but holding it in bitcoin. 
Happy because today Bitcoin rose more than 3% and we were in the $ 42K position, I was sure the price surge would continue to occur so it would not hesitate to continue buying before the more expensive, seeing the trend in the market, I was optimistic that March prices could reach $ 50k.
I am also happy that despite a lot of bearish analyses and sentiments spreading around, the price is still fighting to remain above $40,000. It has been rough in the $40,000 battle. Sometimes it is won, sometimes it is lost. But now $40,000 is $2,000 away. I hope $40,000 won't fall anymore and we will be seeing Bitcoin trying to knock at the $50,000 door. Not only is it possible within March, it is very possible within the month.
and the good and bad news that has happened puts bitcoin's movement in doubt, but I think it will tend to move up slowly.
Maybe we all have big expectations for a bitcoin bullrun in December 2021 and some disappointment is possible. However, speculation is a long-term game, bitcoin has the internal force to maintain its upward momentum. Even if we do get back to 29k as of May 2021, it's still a big sign that market demand reacts to what bitcoin represents. I expect bitcoin has really broken out of 3x k$
Most likely $34k is the last we can see it this year!
Most likely $34k is the last we can see it this year!
in the last few months the price of Bitcoin has been very stable and has moved between $34k - $42k, to be honest for day traders this is a golden time to make profit from day trading. just like you, i also see the potential for bitcoin to $60k+ in Q3 or Q4 2022 later.
What if expecting bull market but the Q3 and Q4 becomes more of bears market? What I am thinking is that even 2x correction is never enough is we check the history of bitcoin price chart. Bitcoin might not get to $14000 or below, it might not even reduce below $20000 to $30000, but I do not think bitcoin reaching even $50000 will ever be possible again this year but anything can happen the and we should think more in the bullish direction when there some correction already.You put a stop loss, and you put a buy order, and a sell order. This allows you to make sure that you are doing fine when there is a big increase, and you will still be fine when there is a big decrease at the same time. Doesn't mean that you need to pick a side, you could definitely make sure that you could profit from the both sides.
Happy because today Bitcoin rose more than 3% and we were in the $ 42K position, I was sure the price surge would continue to occur so it would not hesitate to continue buying before the more expensive, seeing the trend in the market, I was optimistic that March prices could reach $ 50k.
I am also happy that despite a lot of bearish analyses and sentiments spreading around, the price is still fighting to remain above $40,000. It has been rough in the $40,000 battle. Sometimes it is won, sometimes it is lost. But now $40,000 is $2,000 away. I hope $40,000 won't fall anymore and we will be seeing Bitcoin trying to knock at the $50,000 door. Not only is it possible within March, it is very possible within the month.
Somehow we are really that making out some positive movement as of this writing but dont anticipate much that price would be shooting up.
And it just hit $41k again.This is the positive development that we're seeing right now. I don't know the reason for it but it's just probably the usual market reaction from what we're seeing which includes the war.
Maybe this is the reason for it, Ukraine is about to legalize crypto.
--> https://www.coindesk.com/policy/2022/03/16/ukraines-zelensky-signs-virtual-assets-bill-into-law-legalizing-crypto/
What i believe is that hitting 41k is not enough in our position now, maybe it is better to stay above 45k and may climb high more as the years moving .
though I hate admitting that dropping below that price may happen any moment again.
If it can't handle $40k then $45k is unlikely to be held when it comes. Whether we like it or not, the volatility of bitcoin cannot be predicted accurately.
And that's what we like to see for its price, to be always at a higher level because that makes the value that we hold higher.
but i chose to keep holding rather than forcing myself to sell when I know that the opportunity to increase is always there.
but seeing the price increasing to almost 43k now is a good sign that we can see 50k very soon.
Happy because today Bitcoin rose more than 3% and we were in the $ 42K position, I was sure the price surge would continue to occur so it would not hesitate to continue buying before the more expensive, seeing the trend in the market, I was optimistic that March prices could reach $ 50k.
in the last few months the price of Bitcoin has been very stable and has moved between $34k - $42k, to be honest for day traders this is a golden time to make profit from day trading. just like you, i also see the potential for bitcoin to $60k+ in Q3 or Q4 2022 later.
What if expecting bull market but the Q3 and Q4 becomes more of bears market? What I am thinking is that even 2x correction is never enough is we check the history of bitcoin price chart. Bitcoin might not get to $14000 or below, it might not even reduce below $20000 to $30000, but I do not think bitcoin reaching even $50000 will ever be possible again this year but anything can happen the and we should think more in the bullish direction when there some correction already. Stability in Bitcoin price is not only good for day traders but also good for those who are alts and waiting for rally in Alts market. I am already witnessing some bullish momentum like Luna, AVAX and BNB and Matic. 40K is an important physiological level of Bitcoin and if it stays above it for few weeks then we can see further increase in Bitcoin price in coming weeks.The next important level is 45K.
The great thing about stability is that you could make arrangements to accumulate a lot more without getting confused. I mean most of the time all we do right now is to get more and more coins. This means people are still sure about the price of crypto going up, they just do not do it all together at the same time with "all-in" mentality. We just accumulate, slowly gather more and more with small amounts constantly and this keeps it from going down. It means when the price goes up, there will be a lot more people who will profit from this than previous years. I mean we had some crazy good ATH prices, but the next one will make a lot more people rich.
In 2022 bitcoin looks stable at an average of $38k, for those who are used to daily trading of course this is very profitable because it can get profit, but I prefer to hold long-term or at least another year and am optimistic that it can pass the record highs that have occurred in the month November 2021.
in the last few months the price of Bitcoin has been very stable and has moved between $34k - $42k, to be honest for day traders this is a golden time to make profit from day trading. just like you, i also see the potential for bitcoin to $60k+ in Q3 or Q4 2022 later.True. Stability in Bitcoin price is not only good for day traders but also good for those who are alts and waiting for rally in Alts market. I am already witnessing some bullish momentum like Luna, AVAX and BNB and Matic. 40K is an important physiological level of Bitcoin and if it stays above it for few weeks then we can see further increase in Bitcoin price in coming weeks.The next important level is 45K.
In 2022 bitcoin looks stable at an average of $38k, for those who are used to daily trading of course this is very profitable because it can get profit, but I prefer to hold long-term or at least another year and am optimistic that it can pass the record highs that have occurred in the month November 2021.
in the last few months the price of Bitcoin has been very stable and has moved between $34k - $42k, to be honest for day traders this is a golden time to make profit from day trading. just like you, i also see the potential for bitcoin to $60k+ in Q3 or Q4 2022 later. 
Bitcoin is doing just fine staying above 40k, definitely there's a correction but I think that it's nothing to worry about, hopefully by that time that it happens, I would be able to buy a small amount and hopefully get a decent profit. Just hodl and hope that the price will go up and it definitely will because there's the war in Europe right now and bitcoin can benefit from it if Russia gets more economic sanctions in them.
correction for what? why does always correction need to be mentioned even if there is no good increase happens?and also why people keeps on seeking about the effect of correction when the price of bitcoin only climb 3-7%?
remember that this is not altcoin that traders use as material , instead most of bitcoin supporters are holders that can afford to Hold for at least longer time.
There's a correction that happened in the beginning of this year and it last for almost two months if I am not mistaken? But, during the month of march, the correction are I think have subsided. One of these days what we are seeing now is recovery and stableness. The reason is explained by them above, on why they seek correction, that's because they want to buy bitcoins in a bargain price.
Correction does happen at some times, there is no denying that and I agree that there are corrections here and there all the time. However, if we look at it in a way where we could make a profit based on what we know right now, those corrections are prices where we could accumulate more and profit later. Imagine if you went all in at under 40k and sold at 40k for the past 2 months, how many times did it go down and up? You would have profited so much.
Bitcoin is doing just fine staying above 40k, definitely there's a correction but I think that it's nothing to worry about, hopefully by that time that it happens, I would be able to buy a small amount and hopefully get a decent profit. Just hodl and hope that the price will go up and it definitely will because there's the war in Europe right now and bitcoin can benefit from it if Russia gets more economic sanctions in them.
correction for what? why does always correction need to be mentioned even if there is no good increase happens?and also why people keeps on seeking about the effect of correction when the price of bitcoin only climb 3-7%?
remember that this is not altcoin that traders use as material , instead most of bitcoin supporters are holders that can afford to Hold for at least longer time.
There's a correction that happened in the beginning of this year and it last for almost two months if I am not mistaken? But, during the month of march, the correction are I think have subsided. One of these days what we are seeing now is recovery and stableness. The reason is explained by them above, on why they seek correction, that's because they want to buy bitcoins in a bargain price.
Bitcoin prices that are too high make speculators continue to buy so that will make prices continue to rise, the good thing is there is a balance that sells because they feel profit and this keeps the price ideal, I prefer the $40k bitcoin price as it is today because I think this is a good price to buy and keep for the long term.
Every dip below $40,000.00 seems to be shorter and shorter lived. You can see the floor rising as investors look to continue gaining exposure to Bitcoin. This is a much healthier market in my opinion than the blasting to new highs we've seen in the past. No idea how long this accumulation period will last, or if it will continue unabated through the dumping of mtgox coins on the market, but I have a feeling once the accumulation period does end, we'll be blasting to retest the all time high. I'm not sure if this will happen this year or another 3 years from now, but it seems like the rocket is being refueled. I wouldn't sell more than you need to survive the next couple of years here.
Absolutely right. Every dip below 40K is a buying opportunity for long term Investors of Bitcoin. Market has already discounted news of 0.25% increase of interest rate announced by FED yesterday. I think accumulation phase will continue until we get some good news from Ukraine which is inflating crude oil price and cause decline in all financial markets including Bitcoin as there is strong co-relation between US stock market and Bitcoin, nowadays.
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