Looking at the market in the beginning of March looks good now, there are 2 digits increase in the value of Bitcoin and followed by other legit currencies.
https://coinmarketcap.com/
Specially Bitcoin claiming back its 43k position and still climbing now.
https://coinmarketcap.com/currencies/bitcoin/
so for those who invested again mid of February then you are at least in 20-25% profit now because the price drops down to 33k that time.
Topic: Bitcoin price support above 30000? - page 2. (Read 422 times)
It seems like we won't go further for the support these days since Bitcoin just pushed $43k and soon it might reach $50k and so on. But the last support I've seen was $37k and I think that's enough for some investors starting to buy the dip that's why it makes a difference today. I just thought it wouldn't budge any further because it seems like it's almost going to $30k but surprisingly it just broke past $42k.
I think it will break $50k next week and I hope I am right if this war topic is creating a FOMO.
I think it will break $50k next week and I hope I am right if this war topic is creating a FOMO.
Bitcoin resistance recently since few hours ago has been $35000, the recent price downturn has been because of Vladimir Putin declaration of Ukraine invasion. Some bitcoiners panicked and sold their coins leading to the sharp price downturn. Normally also that this time does not favor bitcoin price to increase. Since yesterday, the price of bitcoin falled from above $39000 to below $34000 today and it is around $35000 now.
Bitcoin is not controlled by any country but remain decentralized, I am thinking the price just falled because of panic and there can be correction. What I am thinking is that even if there is no war, bitcoin price just want to fall. Taking look from the history, bitcoin price is more likely to fall this time.
yup it is the support as we already see it there,now once again standing to 40k level as the war continues to spread .Bitcoin is not controlled by any country but remain decentralized, I am thinking the price just falled because of panic and there can be correction. What I am thinking is that even if there is no war, bitcoin price just want to fall. Taking look from the history, bitcoin price is more likely to fall this time.
wondering what would ne the effect in the following weeks , but im happy with what is bitcoin doing now.
Bitcoin price little last 2-3 days $2k+
what is this? sorry but it looks like you are the only one who understand this? 2-3 days little?
Quote
and this month bitcoin price always movement.
always moving Up and Down is that what you mean?Quote
And i believe bitcoin price still correction correction.
Completely Wrong because the correction had happened many months ago and we are now facing the true movement of market.Quote
This year although same time bitcoin price was under $30k but it touched $65k+ in 2021. So i hope This year bitcoin more increase than previous year. I hope bitcoin will grow up in This year and bitcoin price will avobe $50k+ this year.
Above 50k this year? bitcoin had already reached 45k again this month so that would be 5k more?of course that is completely possible .
When the price of bitcoin reduced below the value of 30k dollars,kindly make some big bucket for it.Because as we know,the price of bitcoin will reach the 50k in a few months.So don't forget to buy a huge amount of the bitcoin at the dump.The people who buying the huge amount of bitcoin at dump and sell at the pump was the most profit earning person as compared to any other people.
Even the panic sellers didn't expect that the price will recover quickly and this leads for them to go back and join again the roller coaster ride and because of them, the existing crypto users have already gained something and there are now ready to sell it any time of the day or maybe they are only waiting for a good signal i.e if when there's another issue reported in the news. They need to act quickly tho before the panic sellers realize this.
Russia on the other hand looks going to fight till the end and there are no signs of them retreating too early. The price is already above 30k, it was at 38k in fact at this moment of writing but I don't think it can cross 40k anytime soon till the war ends.
The panic sellers are reacting way too quickly, that is the main problem. I mean they are in panic mode so I understand why they are acting so quickly, but do we really never see bitcoin price drop before? Bitcoin stands the hardships of time and always comes out on top, we have seen this a million times before, why try to change that today? We should be a lot more at ease whenever the price drops, we should be doing a lot better.Russia on the other hand looks going to fight till the end and there are no signs of them retreating too early. The price is already above 30k, it was at 38k in fact at this moment of writing but I don't think it can cross 40k anytime soon till the war ends.
I get that it is not easy for everyone involved in the world, but at least it shouldn't be this big. It wasn't really that much of a big deal if you ask me, I have been doing fine for a long time without a need to sell, or get panic, or fear the price, just hold it and you will profit and simple as that.
You can't expect all people to hold and not panic if they are holding their assets to possibly sell at profit and use it for their immediate needs. Not many people can hold long-term without needing their cash. Because only people who can hold long-term are those who are financially stable at least. And their crypto is just an extra asset to them. So the up and down movement for them is not a problem. Because if you are here for long-term, you are already expecting this up and down trend but in the end you are aiming to win because you are holding a rock solid coin.
Even the panic sellers didn't expect that the price will recover quickly and this leads for them to go back and join again the roller coaster ride and because of them, the existing crypto users have already gained something and there are now ready to sell it any time of the day or maybe they are only waiting for a good signal i.e if when there's another issue reported in the news. They need to act quickly tho before the panic sellers realize this.
Russia on the other hand looks going to fight till the end and there are no signs of them retreating too early. The price is already above 30k, it was at 38k in fact at this moment of writing but I don't think it can cross 40k anytime soon till the war ends.
The panic sellers are reacting way too quickly, that is the main problem. I mean they are in panic mode so I understand why they are acting so quickly, but do we really never see bitcoin price drop before? Bitcoin stands the hardships of time and always comes out on top, we have seen this a million times before, why try to change that today? We should be a lot more at ease whenever the price drops, we should be doing a lot better.Russia on the other hand looks going to fight till the end and there are no signs of them retreating too early. The price is already above 30k, it was at 38k in fact at this moment of writing but I don't think it can cross 40k anytime soon till the war ends.
I get that it is not easy for everyone involved in the world, but at least it shouldn't be this big. It wasn't really that much of a big deal if you ask me, I have been doing fine for a long time without a need to sell, or get panic, or fear the price, just hold it and you will profit and simple as that.
The panic seller buy back again after the price become stable but still the current price is a do or die for Bitcoin since that wick on chart only means that some traders already have a quick profit and ready to take profit once there's another batch of bad news occur especially the long awaited move of US against the Russia invasion. Ukraine president is urging there allies that watching them suffer, I'm really doubtful if Russia will retreat considering there effort to demilitarized Ukraine.
Even the panic sellers didn't expect that the price will recover quickly and this leads for them to go back and join again the roller coaster ride and because of them, the existing crypto users have already gained something and there are now ready to sell it any time of the day or maybe they are only waiting for a good signal i.e if when there's another issue reported in the news. They need to act quickly tho before the panic sellers realize this. Russia on the other hand looks going to fight till the end and there are no signs of them retreating too early. The price is already above 30k, it was at 38k in fact at this moment of writing but I don't think it can cross 40k anytime soon till the war ends.
I don't think we can seriously talk about supports this year, given the way the price has been behaving lately, in addition to the political situation. For me the only strong support would be $20K because so far in Bitcoin in one cycle it has not gone below the ATH of the previous cycle. But we can't be sure of anything, neither how much it will go down nor if we will surpass $70K this cycle.
We may find the answer in the next 2-3 years or after the next halving occurs. Bitcoins usually hit ATH after the halving but this is not "just a habit". If that scenario is true then the price of bitcoin this year or in the next 2 years may experience a dump and $20K will not be a strong support to hold it.Despite all that, the increase in adoption so far will probably change the history or habits of how bitcoin is traded. There is always a possibility that the next ATH could be reached and it might also drop lower than $20K. We really don't know for sure about that.
Long term though, it might be $20k to be the last support level, if this is broken, then obviously it will be a free fall.
Yes, I have said so in other threads. I would think if we went below $20K it would set off a selling panic. You can never know for sure because some people say that if it goes down to those levels, the weaker players would have already sold and only the strong holders would be left, but within these speculative speculations and how irrational the markets tend to be, I bet on the first option.
Although I think it is quite unlikely that we will go below $20.
I don't think we can seriously talk about supports this year, given the way the price has been behaving lately, in addition to the political situation. For me the only strong support would be $20K because so far in Bitcoin in one cycle it has not gone below the ATH of the previous cycle. But we can't be sure of anything, neither how much it will go down nor if we will surpass $70K this cycle.
Yeah, if we are going to loo k at what is going around in the environment, (covid, war, etc, that really impacted the price, we can't say for certain what is the support price).
Long term though, it might be $20k to be the last support level, if this is broken, then obviously it will be a free fall. But for now, price seems to be fluctuating a lot and hopefully we won't have that scenario of $20k being tested.
I don't think we can seriously talk about supports this year, given the way the price has been behaving lately, in addition to the political situation. For me the only strong support would be $20K because so far in Bitcoin in one cycle it has not gone below the ATH of the previous cycle. But we can't be sure of anything, neither how much it will go down nor if we will surpass $70K this cycle.
Bitcoin price little last 2-3 days $2k+
what is this? sorry but it looks like you are the only one who understand this? 2-3 days little? Quote
and this month bitcoin price always movement.
always moving Up and Down is that what you mean?Quote
And i believe bitcoin price still correction correction.
Completely Wrong because the correction had happened many months ago and we are now facing the true movement of market.Quote
This year although same time bitcoin price was under $30k but it touched $65k+ in 2021. So i hope This year bitcoin more increase than previous year. I hope bitcoin will grow up in This year and bitcoin price will avobe $50k+ this year.
Above 50k this year? bitcoin had already reached 45k again this month so that would be 5k more?of course that is completely possible .
Difficult to bitcoin price prediction this year.Look at bitcoin price chart, bitcoin price was previous week above $39k+ but this under $38k. Bitcoin is long time survive coin and it already touched $65k+ in 2021. So hopping bitcoin price will hit $50k+ back again and i think it will possible to happen.
Bitcoin price little last 2-3 days $2k+
what is this? sorry but it looks like you are the only one who understand this? 2-3 days little? Quote
and this month bitcoin price always movement.
always moving Up and Down is that what you mean?Quote
And i believe bitcoin price still correction correction.
Completely Wrong because the correction had happened many months ago and we are now facing the true movement of market.Quote
This year although same time bitcoin price was under $30k but it touched $65k+ in 2021. So i hope This year bitcoin more increase than previous year. I hope bitcoin will grow up in This year and bitcoin price will avobe $50k+ this year.
Above 50k this year? bitcoin had already reached 45k again this month so that would be 5k more?of course that is completely possible .
Bitcoin price little drop last 2-3 days. I believe bitcoin price still movement correction. This year although same time bitcoin price was under $30k but it touched $65k+ in 2021. So i hope This year bitcoin more increase than previous year. I hope bitcoin will grow up in This year and bitcoin price will avobe $50k+ this year.
I don't agree with this very part of the statement, as the sharp drop in Bitcoin price is not as a result of Russian Ukraine unrest, Bitcoin market have shown a lot of possibility of downtrend market since the beginning of February 2022 as the pattern in the market drop have been on a drastic levels always melting down almost $2k to 3k drop within a short period this can be refer to say as crash in price Bitcoin is a highly volatile commodity and it price a hardly affected by a section of events that doesn't have direct implication on it services.
You are writing BS.
All the financial markets reacted to the Russian invasion in Ukraine,the Bitcoin market is no exception.
The markets are dominated by people,not robots and the people are emotional creatures.They get emotionally unstable sometimes.They can be manipulated by lies and propaganda.Sometimes they just panic.
I'm not expecting a fast BTC price recovery anytime soon.The market will remain turbulent.I actually expect another price drop and more panic selling,if more bad news keep coming from Ukraine.
Let's pray for the people in Ukraine and for the near ending of this ridiculous conflict.
According to what I see, the impact of the Russian war on Ukraine began to recede and Bitcoin recovered a little and returned to the 39K$ point, with the continuation of the war, everything is possible because all possibilities are open. No one knows what are the upcoming developments in the war as well as what are the economic consequences of this war, especially if Was it long-term or extended to other areas, everything is possible so we have to prepare for all scenarios and we could see bitcoin under 30k$ for example, no one knows, although I am optimistic that bitcoin will continue its rise.
Hopefully, it will recover slowly and back to $40k. But if the price needs longer to recover, we can only stay calm and not panic but use that moment to buy more bitcoin. But bitcoin will still recover from a hard situation, although it is not easy to lift the price. The war itself can continue, especially if there is no agreement from both sides but it will not be good for their people who still suffer. 
According to what I see, the impact of the Russian war on Ukraine began to recede and Bitcoin recovered a little and returned to the 39K$ point, with the continuation of the war, everything is possible because all possibilities are open. No one knows what are the upcoming developments in the war as well as what are the economic consequences of this war, especially if Was it long-term or extended to other areas, everything is possible so we have to prepare for all scenarios and we could see bitcoin under 30k$ for example, no one knows, although I am optimistic that bitcoin will continue its rise.
Indeed, the price of bitcoin corrected very deeply after the news about Russia invading Ukraine where the price of bitcoin fell in the $34K area. But now there is a slight price increase where the price has returned to the $39k area. But I think even though there is an increase at the moment, I indicate that bitcoin will correct back to the $36K support area.
Hope what we're seeing by now isn't just a dead cat bounce because if it indeed the case then I'd say we have a chance to see a potential touch at the 20k+ levels in the coming days. Can't say for sure what resistance it should break but I think it's the 45k-46k area that we've seen in the past days it rebounded from 32k. I think it's the area we have to break to say we're strong in the short term scene. 
I %100 honestly believe that this latest drop was manipulation for sure. I mean imagine for a second that a war would cause the price to go down, how? I mean you think russians or ukrainians believed their currency would gain value and that is why they cashed it out? Why would anyone think their currency would gain value? It dropped and I have to say it was expected as well. Crypto is by far the best choice and everyone knows this, a war should increase the price and not decrease it. Same happened with corona, the price went down a lot on march 2020, we all know what happened after that. If this war goes any longer, we are going to end up seeing the price of crypto skyrocket again.
However, I hope it doesn't. I hope that the war ends now, I am more than happy to see bitcoin at 1k then see people die in a war, f--k money, its human life that matters the most.
Indeed, the price of bitcoin corrected very deeply after the news about Russia invading Ukraine where the price of bitcoin fell in the $34K area. But now there is a slight price increase where the price has returned to the $39k area. But I think even though there is an increase at the moment, I indicate that bitcoin will correct back to the $36K support area.
You mean there is a manipulation from behind and possible that this is a bear trap? Yeah, thinking the same as well, so as investors we really need to be very careful. The tension from Russia and Ukraine are still there, we've seen the price going downhill but a huge increase of about 10% in a day. So clearly someone is playing us again. It's about the end of the month anyways, so hopefully our hunch is wrong and we can see the price hitting the $40,000 mark.
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