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.
It is same thought process majority of us have, it is good to see that we are still seeing accumulation by huge numbers but it is hard to say whether we will test the all time high valuation anytime soon nor have a clue when we will see a major correction as the market is doing good right now and whenever there is a correction, the market is accumulating and it is a good sign until we see a major flip in the sentiments. 
Topic: Bitcoin price stay above $40000? - page 5. (Read 1457 times)
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.
Bitcoin price back Under $40k again but i think bitcoin price will above $40k+ end of February. I still believe bitcoin price movement correction. 2021 bitcoin price was under $30k similar time but now bitcoin price around $37k+ i hope bitcoin price grow up again this year and i hope bitcoin development wil more increase also.
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.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.
and make money out of it.They dont really care about crashes and pumps as long they could make money out of these small movements. For those who do hold for long term
then these movements wont really be that stressful either but for swing traders then t hey are usually ones who do make out these questions in mind and hesitate
whenever it do move on particular percentages.
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.
Bitcoin price back Under $40k again but i think bitcoin price will above $40k+ end of February. I still believe bitcoin price movement correction. 2021 bitcoin price was under $30k similar time but now bitcoin price around $37k+ i hope bitcoin price grow up again this year and i hope bitcoin development wil more increase also.
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.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.
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.
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.
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.
FED announcement of Interest rate increase @0.25% though caused Bitcoin price dipped below 40K but it was recovered quickly and now Bitcoin is trading around 41K which is good sign. Next resistance on weekly chart is around 42,800. I think now the main issue is war in Ukraine which has grossly impacted all financial markets including Bitcoin and further price increase will certainly depends on negotiations progress and peace is restored in Ukraine.
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,
No, Bitcoin price wasn't stable around $38k since the first day in 2022. The price of Bitcoin ever increased about $47k and dropped around $33k. The gap was quite large, it was $14k. So, we cannot claim that Bitcoin price was stable at a certain rate/price. In addition, since the price dropped from $47k to $33k, the price seems hard (difficult) to return to $47k again. Those who accidentally traded or bought at $47k, still can recover their losses, right? 
Source: https://www.coingecko.com/id/koin_koin/bitcoin/usd#panel
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/
Seeing the trend that has occurred since touching almost $70k then this is a long time record, bitcoin looks stable in the $35k-$45k range, for daily trading of course this is better than prices that continue to skyrocket because there is no opportunity to buy or vice versa when the price continues to decline so it can not take profit.
Daily trading could be making a lot of money during this period for sure, buying at a bit lower and then selling a bit higher and keep doing that each time it goes down and up would make you a great profit. However, it could also cause you to lose a lot of money if you are on the wrong side.There are plenty of people who sell at 38k because they fear it will go down even more, and buy at 42k because they think it will go up more and repeat that. Not too many times in a row obviously but they still do that. I feel like we should not be really that much in trouble. Just let it be for the time being and I am sure that it will go up eventually and long term investors will win as well.
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.
Seeing the trend that has occurred since touching almost $70k then this is a long time record, bitcoin looks stable in the $35k-$45k range, for daily trading of course this is better than prices that continue to skyrocket because there is no opportunity to buy or vice versa when the price continues to decline so it can not take profit.
That is true, the price looks less volatile recently, but there would be a time the price would be more volaltile and this can be anytime, any day or any week. Traders should be careful and use a lesser margin and prepare for this. It is true though that the price recently not volaltile, it is not even up to $45000 for bitcoin price recently and not down to $35000, the volatility has been around $37000 and $42000. But there is possiblity that the price of bitcoin may go down way than up way in my opinion though.Currently the investors and market is very confused and doesn't know which direction to head to because of the issues around the world, and it's obviously seen in the chart.
What issue around the world are you talking about? I see no issue right now. Investors should never get confused, bitcoin ATH was $69000, the price has been reduced to $39000, then they can invest if they have long term plan of investment. They can divide the money into parts, investing as the market price is decreasing so it will favor when bitcoin price starts to increase. 
Seeing the trend that has occurred since touching almost $70k then this is a long time record, bitcoin looks stable in the $35k-$45k range, for daily trading of course this is better than prices that continue to skyrocket because there is no opportunity to buy or vice versa when the price continues to decline so it can not take profit.
This market involves up and down which it is a time on where you do make out specific actions for you to make profits.We couldnt just have a market that would be having continuous price rise and its expected that there would really be these volatility or price movements.Now we are even struggling on breaking 40k resistance point whom we had though that this would already be the solid support.
Somehow we are really that making out some positive movement as of this writing but dont anticipate much that price would be shooting up.
Currently the investors and market is very confused and doesn't know which direction to head to because of the issues around the world, and it's obviously seen in the chart.
texting 40k and staying above is very possible for my opinion ,but I would like to see Bitcoin test $28k-25k Monthly pattern and the retest of 20k level broke since 2020 that has never been retested and too ,for liquidity that has long been accumulating around $28k,30k,35k to be grabbed.
texting 40k and staying above is very possible for my opinion ,but I would like to see Bitcoin test $28k-25k Monthly pattern and the retest of 20k level broke since 2020 that has never been retested and too ,for liquidity that has long been accumulating around $28k,30k,35k to be grabbed.
rather than seeking for that why not take the advantage of buying more?
I will not say this is the time to buy more bitcoin because it seem more of sell than buy, but if you have long term reasoning about it, then you can buy because bitcoin will increase and you will gain, but I see now as a time the price may favor the bears than bulls, if you noticed before, bitcoin was pumped from around $36000, $37000 and $38000 to over $40000 for like four or five times, but if you notted recently which happens like 12 hours ago, it was pumped to $39900, this has been the new resistance nownand seeming like bitcoin price is drastically falling for now. 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.
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.
this is a clear answer that it DOESN"T
https://coinmarketcap.com/currencies/bitcoin/
as the time I am posting this? the price of Bitcoin as at 38k and still dumping a little so it is not what said in the title that 40k is the maintaining value .
rather than seeking for that why not take the advantage of buying more?
The price never stays at one level for a long time. It's maybe 3 months tops and then there's a breakout... or a breakdown 
You could see it every time like in last year May - July sideways chopping and a breakout.
Now the last big drop was in January so this or next month it's going to end with a big move. Let's hope the move is up, but even if it is down it's going to be the last buying opportunity before the big boom like in 2018 when it was chopping for months at 6k and then had a drop to 4k which was the best opportunity to get more.
At the end that is what distinguishes good investors from the bad ones, we are all experiencing the same market and the same erratic movements so how can we explain that some of those investors can get huge success while others lose everything? And I think the most likely explanation is their decision making ability, bad investors get scared when the price goes down and they even sell their coins, while good investors not only do not get scared but instead see an opportunity to buy even more bitcoin for a discount, so eventually they get more bitcoin which they can later resell for huge profits once the bull market comes back. You could see it every time like in last year May - July sideways chopping and a breakout.
Now the last big drop was in January so this or next month it's going to end with a big move. Let's hope the move is up, but even if it is down it's going to be the last buying opportunity before the big boom like in 2018 when it was chopping for months at 6k and then had a drop to 4k which was the best opportunity to get more.
The price never stays at one level for a long time. It's maybe 3 months tops and then there's a breakout... or a breakdown
You could see it every time like in last year May - July sideways chopping and a breakout.
Now the last big drop was in January so this or next month it's going to end with a big move. Let's hope the move is up, but even if it is down it's going to be the last buying opportunity before the big boom like in 2018 when it was chopping for months at 6k and then had a drop to 4k which was the best opportunity to get more.
You could see it every time like in last year May - July sideways chopping and a breakout.
Now the last big drop was in January so this or next month it's going to end with a big move. Let's hope the move is up, but even if it is down it's going to be the last buying opportunity before the big boom like in 2018 when it was chopping for months at 6k and then had a drop to 4k which was the best opportunity to get more.
When the price seems to rise above $40k there will be a lot of selling so the market is corrected again, the biggest factor is of course because of the large number of FUDs and as an experienced investor, of course, you are not affected by FUDs so always stay calm and buy more.
Not true, there are no lot of selling happening when the price of Bitcoin reached 40k because this is the stable value of bitcoin nowadays and you can check that clearly so if you say that there are lot of selling then this must be 20k level now? but have you look at the prices today?you are totally wrong here.
Whenever the price is stuck and doesn't go up properly, and just fails to go above a certain level, that usually means that we are at a place where people could say "enough is enough" and end up skyrocketing the price of bitcoin and that "may" happen right now.
Even in the current market conditions there are ways to take advantage of the way the market moves but it requires a different strategy, most of the time people use strategies that take advantage of strong trends, whether those trends move upwards or downwards does not matter at all, however when the market is moving like this then we need a strategy that identifies where the resistance and the support levels are and then we can sell or buy respectively when the price gets close to those levels.
I would guess that even in the current market situations, the long term people like me are doing fine. I am in profit because I am in it for the long term and have been for a while and the price is still 5x higher than where I bought it, even at the current stage, my averages are fine and I am doing fine. Why? Because I invested early on, and kept on investing no matter what, and this meant that I get to benefit even after it dropped from 68k to lower levels.Sure, for those who have seen a lots of up and down, you will really see and will go for long term and thten will just get the profits if needed.
Obviously it would be better if I sold it at 68k and bought it back right now, I would have so much more bitcoin, but that doesn't mean that I am not profiting right now neither.
Same here, sometimes the number plays in my mind if I sold at a all time high. Nevertheless I'm willing to preserved my bitcoin and then just continue to accumulate and wait till the next bull run before I realize and take my profits.
Jump to: