Bitcoin touched $43k, from $33k in two weeks

Newlifebtc

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Quote from: kentrolla on February 07, 2022, 03:34:34 AM

Bitcoin has pumped by 30% in last two weeks as the value of bitcoin was $32917 (lowest on that day) on 24tg January 2022 and it touched $43000 today and this can't be bull trap as its a sure signal that Bitcoin is rallying towards $50k once again.

I thought it's a bull trap but there will not be a leverage of 30% for bulltrap and I have decided to invest back into crypto and infact cashed in once it crossed $42k. What's your take on Bitcoin price?

the value of bitcoin this year will not be increased than the value of bitcoin last year so I believe by 2023 bitcoin will regain its value and the volatility so bitcoin this time will be lower value because of the market cap. People is not believing bitcoin market this periods because of the war of Russian and the Ukrain. After the war is over it is when bitcoin will regain its value so Russian problem is what i notice that bridges bitcoin value this year

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Quote from: alisonwonder on April 11, 2022, 02:59:38 PM

Quote from: kentrolla on February 07, 2022, 03:34:34 AM

Bitcoin has pumped by 30% in last two weeks as the value of bitcoin was $32917 (lowest on that day) on 24tg January 2022 and it touched $43000 today and this can't be bull trap as its a sure signal that Bitcoin is rallying towards $50k once again.

Don't over-speculate on market recovery because the market will not always improve significantly every moment, a lot of negative news is very influential on a volatile market, now the market has crashed briefly but I don't know the bad cause that brought the market down at this time.

Im making out some research on whats happening speaking off market sentiment or news but i havent see anything which is something not that something new because this market is always been like this on where

we do already have impression on touching or breaking 50k but suddenly we do see that we had plummet instead which is a very common behavior of bitcoins price thats why im not really a fan on making out some

speculations or conclusions in regarding with price levels because anything could really snap out in a short span of time which is something not that surprising.

alisonwonder

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Quote from: kentrolla on February 07, 2022, 03:34:34 AM

Bitcoin has pumped by 30% in last two weeks as the value of bitcoin was $32917 (lowest on that day) on 24tg January 2022 and it touched $43000 today and this can't be bull trap as its a sure signal that Bitcoin is rallying towards $50k once again.

Don't over-speculate on market recovery because the market will not always improve significantly every moment, a lot of negative news is very influential on a volatile market, now the market has crashed briefly but I don't know the bad cause that brought the market down at this time.

mumang siat

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Quote from: Jating on April 06, 2022, 06:23:09 PM

Quote from: mumang siat on April 05, 2022, 11:18:49 AM

Quote from: Rimueng on April 05, 2022, 10:59:01 AM

Bitcoin has rallied in early March to date, the bitcoin price has risen to $47K and is steady at $45K. I believe the bitcoin price will rise above $50k again before the Bulls dominate again. If not, the price is still stuck sideways. Let's see how the odds of BTC trend for the next few weeks.

There is a more stable rise to bitcoin for now, the trend shows bitcoin has gradually recovered, although not too big of a recovery caused for now, the chances of bitcoin going forward will improve even more, if the current correction actually recovers completely, the market reaction has shown how difficult it is the coin is back on the green, but bitcoin can prove that correction is a normal reaction to any coin

True, but in the last 24 hours, hmm, seems the price is slowly going down? I don't know what's the reason for it, from $46k to $43k? that seems to be very alarming now. So I don't think that $50k can be reached this month because we just started at the wrong foot already. And hopefully this will not result to the price going below $40k'ish because it could signal another short term bearish trend, in my opinion.

The market reaction will continue as such, a small decline or correction will continue under current market conditions, but that does not mean the correction is a price decline at the lowest point, the next trend is likely that the price will return to a stable path, after that the market will actually act, if it's a bull run it will get better for the future

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Quote from: Rasa nanas on April 07, 2022, 10:11:39 AM

Quote from: Joshapat on April 07, 2022, 04:01:50 AM

Early april market corrected again due to a drop of more than 9% during the week, i hope the negative trend disappears soon and the market skyrockets again, if in 2021 april is skyrocketing because it reaches more than $63k, initially i was optimistic that april will soon reach $50k because the end of March the market moved positively and reached $49k.

conditions this year and 2021 are very different because this year there was a war that had a huge impact on the global economy and of course also had an impact on the crypto market. Many people think that the previous price hike is a sign that the bear market is coming to an end, but the current price drop confirms that the bear market is not yet over. I think $43k is a resistance line and in the next few days the price will most likely move up again, but to touch $50k it seems too far away.

We know that this year is very different in cryptocurrency industry and Bitcoin now is getting depreciating because of war, but in other side of thinking is because of only two country war that will bring the falling of bitcoin world wide, this are things we are suppose to to ask ourselves because the price this year is different from last year

TimeTeller

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Quote from: tygeade on April 07, 2022, 04:36:11 PM

Quote from: Rasa nanas on April 07, 2022, 10:11:39 AM

Quote from: Joshapat on April 07, 2022, 04:01:50 AM

Early april market corrected again due to a drop of more than 9% during the week, i hope the negative trend disappears soon and the market skyrockets again, if in 2021 april is skyrocketing because it reaches more than $63k, initially i was optimistic that april will soon reach $50k because the end of March the market moved positively and reached $49k.

conditions this year and 2021 are very different because this year there was a war that had a huge impact on the global economy and of course also had an impact on the crypto market. Many people think that the previous price hike is a sign that the bear market is coming to an end, but the current price drop confirms that the bear market is not yet over. I think $43k is a resistance line and in the next few days the price will most likely move up again, but to touch $50k it seems too far away.

This is true, the war definitely impacted the situation for sure and I do not know why people ignore that fact. This is a war between Russia, which is one of the biggest economies in the world, versus Ukraine which looks small but they got help from "west" which is Europe and the USA, which caused a big clash.

That should impact economy, not just in crypto but fiat economy as well and companies and everyone else. That's a big deal, and if you want to make sure that you are not bothered by this, crypto is a great way to do that, not just investing but actually earning it as well, would allow you to avoid any of the sanctions and be able to actually work with anyone around the world.

This war has in some way influence the world market and so with the crypto market, and we can't deny that.
The domino effect of this war is real extending to gas supply and other products.
And with this situation still ongoing, we need to keep an eye with the market.
Especially if you are an investor, so you know what to do with your funds, invest in some and sell some.

Dave1

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Quote from: tygeade on April 07, 2022, 04:36:11 PM

Quote from: Rasa nanas on April 07, 2022, 10:11:39 AM

Quote from: Joshapat on April 07, 2022, 04:01:50 AM

Early april market corrected again due to a drop of more than 9% during the week, i hope the negative trend disappears soon and the market skyrockets again, if in 2021 april is skyrocketing because it reaches more than $63k, initially i was optimistic that april will soon reach $50k because the end of March the market moved positively and reached $49k.

conditions this year and 2021 are very different because this year there was a war that had a huge impact on the global economy and of course also had an impact on the crypto market. Many people think that the previous price hike is a sign that the bear market is coming to an end, but the current price drop confirms that the bear market is not yet over. I think $43k is a resistance line and in the next few days the price will most likely move up again, but to touch $50k it seems too far away.

This is true, the war definitely impacted the situation for sure and I do not know why people ignore that fact. This is a war between Russia, which is one of the biggest economies in the world, versus Ukraine which looks small but they got help from "west" which is Europe and the USA, which caused a big clash.

I don't think that people ignore this fact, it's that when the war breaks and even a month after, the price seems to be rallying and even get to the point of reaching as high as $48k.

Quote from: tygeade on April 07, 2022, 04:36:11 PM

That should impact economy, not just in crypto but fiat economy as well and companies and everyone else. That's a big deal, and if you want to make sure that you are not bothered by this, crypto is a great way to do that, not just investing but actually earning it as well, would allow you to avoid any of the sanctions and be able to actually work with anyone around the world.

You might be right, initially it was just the stock market and other traditional financial investments have been affected. But now it seems we can't deny the fact that it could impact crypto already, as the price of most major crypto including bitcoin is already on a decline this week.

tygeade

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Quote from: Rasa nanas on April 07, 2022, 10:11:39 AM

Quote from: Joshapat on April 07, 2022, 04:01:50 AM

Early april market corrected again due to a drop of more than 9% during the week, i hope the negative trend disappears soon and the market skyrockets again, if in 2021 april is skyrocketing because it reaches more than $63k, initially i was optimistic that april will soon reach $50k because the end of March the market moved positively and reached $49k.

conditions this year and 2021 are very different because this year there was a war that had a huge impact on the global economy and of course also had an impact on the crypto market. Many people think that the previous price hike is a sign that the bear market is coming to an end, but the current price drop confirms that the bear market is not yet over. I think $43k is a resistance line and in the next few days the price will most likely move up again, but to touch $50k it seems too far away.

This is true, the war definitely impacted the situation for sure and I do not know why people ignore that fact. This is a war between Russia, which is one of the biggest economies in the world, versus Ukraine which looks small but they got help from "west" which is Europe and the USA, which caused a big clash.

That should impact economy, not just in crypto but fiat economy as well and companies and everyone else. That's a big deal, and if you want to make sure that you are not bothered by this, crypto is a great way to do that, not just investing but actually earning it as well, would allow you to avoid any of the sanctions and be able to actually work with anyone around the world.

Rasa nanas

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Quote from: Joshapat on April 07, 2022, 04:01:50 AM

Early april market corrected again due to a drop of more than 9% during the week, i hope the negative trend disappears soon and the market skyrockets again, if in 2021 april is skyrocketing because it reaches more than $63k, initially i was optimistic that april will soon reach $50k because the end of March the market moved positively and reached $49k.

conditions this year and 2021 are very different because this year there was a war that had a huge impact on the global economy and of course also had an impact on the crypto market. Many people think that the previous price hike is a sign that the bear market is coming to an end, but the current price drop confirms that the bear market is not yet over. I think $43k is a resistance line and in the next few days the price will most likely move up again, but to touch $50k it seems too far away.

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Quote from: Joshapat on April 07, 2022, 04:01:50 AM

Early april market corrected again due to a drop of more than 9% during the week, i hope the negative trend disappears soon and the market skyrockets again, if in 2021 april is skyrocketing because it reaches more than $63k, initially i was optimistic that april will soon reach $50k because the end of March the market moved positively and reached $49k.

This could just be a correction, or the start of another short term dip. We can't compare last year price because we are in a different scenario back then. This year, we seems to be starting a bear market. Although there is no massive drop, but if you look at it, from all time high of $69k to almost $30k'ish around January-February, that's a huge drop already. So I will say that it's better to not expect a high price, not even $50k with the current year.

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Early april market corrected again due to a drop of more than 9% during the week, i hope the negative trend disappears soon and the market skyrockets again, if in 2021 april is skyrocketing because it reaches more than $63k, initially i was optimistic that april will soon reach $50k because the end of March the market moved positively and reached $49k.

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Quote from: romero121 on April 06, 2022, 06:59:37 PM

Based on the data from CMC the price of bitcoin have reached $43200 from $45500. This can be considered as regular large scale fluctuation as well as a massive decline. Traders can make use of the opportunity along with the users who have been waiting to make an entry. Once again it looks like the price gonna drop down to $40k and the same seems to serve as the major resistance.

the post are from Months ago mate and that is what OP is telling us, and besides bitcoin not only reached 45k but 48,000 last month and this is the highest price this year as first quarter already ends.

Quote

Everyone are eager for the price to touch $50k, but the resistance level of $48k isn't broken. If that have got broken then we could've experienced $50k and the same serves as the major resistance to push the market. For now there is no specific incident to connect the market decline.

I am not eager for 50k to be broken but instead i want to see it coming to 60,000 and that is what My aim this year before considering how much will i sell and how much will remains.

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Quote from: kentrolla on February 07, 2022, 03:34:34 AM

Bitcoin has pumped by 30% in last two weeks as the value of bitcoin was $32917 (lowest on that day) on 24tg January 2022 and it touched $43000 today and this can't be bull trap as its a sure signal that Bitcoin is rallying towards $50k once again.

but fails again that time and tried breaking 48k last week once again? does not enough to take that 50,000 .
this 50k rally are being expected for how many times , now yet we are still waiting.

Quote

I thought it's a bull trap but there will not be a leverage of 30% for bulltrap and I have decided to invest back into crypto and infact cashed in once it crossed $42k. What's your take on Bitcoin price?

isn't Bull trap? look at it now dropping closer to 40k again and we may not seen the coming but it will bring down to 30k once again.
and this is what i think coming our way now .

TravelMug

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Quote from: carlfebz2 on April 06, 2022, 06:45:59 PM

Quote from: Jating on April 06, 2022, 06:23:09 PM

Quote from: mumang siat on April 05, 2022, 11:18:49 AM

Quote from: Rimueng on April 05, 2022, 10:59:01 AM

Bitcoin has rallied in early March to date, the bitcoin price has risen to $47K and is steady at $45K. I believe the bitcoin price will rise above $50k again before the Bulls dominate again. If not, the price is still stuck sideways. Let's see how the odds of BTC trend for the next few weeks.

There is a more stable rise to bitcoin for now, the trend shows bitcoin has gradually recovered, although not too big of a recovery caused for now, the chances of bitcoin going forward will improve even more, if the current correction actually recovers completely, the market reaction has shown how difficult it is the coin is back on the green, but bitcoin can prove that correction is a normal reaction to any coin

True, but in the last 24 hours, hmm, seems the price is slowly going down? I don't know what's the reason for it, from $46k to $43k? that seems to be very alarming now. So I don't think that $50k can be reached this month because we just started at the wrong foot already. And hopefully this will not result to the price going below $40k'ish because it could signal another short term bearish trend, in my opinion.

We are gradually going down and we dont know if we would hit up again below 40k price which might be a good spot for you to have some buy orders specially in 38k if ever we do reach it out but it seems that the price

will hardly able to break that 40k support but lets see if this gradual decline will able to touch that line but if it does then its not bad to make out some re-entry or make out some accumulation on that point but of course

you should prepare yourself on the possible continous price decline but i dont really see any fundamentals or news in correlated to it.

We are still far from the $40k, so for now we are in the safe zone. And I have a feeling that this price is going to be a strong support as the bulls are going to held it as much as they can because we all know what will going to happen if the breaks apart very quickly.

Maybe this is just another short term correction that we are seeing this week. And the price could stabilize at $43k in the first week of April. Still good indication that we are still not in the bear market area.

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Based on the data from CMC the price of bitcoin have reached $43200 from $45500. This can be considered as regular large scale fluctuation as well as a massive decline. Traders can make use of the opportunity along with the users who have been waiting to make an entry. Once again it looks like the price gonna drop down to $40k and the same seems to serve as the major resistance.

Everyone are eager for the price to touch $50k, but the resistance level of $48k isn't broken. If that have got broken then we could've experienced $50k and the same serves as the major resistance to push the market. For now there is no specific incident to connect the market decline.

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Quote from: Jating on April 06, 2022, 06:23:09 PM

Quote from: mumang siat on April 05, 2022, 11:18:49 AM

Quote from: Rimueng on April 05, 2022, 10:59:01 AM

Bitcoin has rallied in early March to date, the bitcoin price has risen to $47K and is steady at $45K. I believe the bitcoin price will rise above $50k again before the Bulls dominate again. If not, the price is still stuck sideways. Let's see how the odds of BTC trend for the next few weeks.

There is a more stable rise to bitcoin for now, the trend shows bitcoin has gradually recovered, although not too big of a recovery caused for now, the chances of bitcoin going forward will improve even more, if the current correction actually recovers completely, the market reaction has shown how difficult it is the coin is back on the green, but bitcoin can prove that correction is a normal reaction to any coin

True, but in the last 24 hours, hmm, seems the price is slowly going down? I don't know what's the reason for it, from $46k to $43k? that seems to be very alarming now. So I don't think that $50k can be reached this month because we just started at the wrong foot already. And hopefully this will not result to the price going below $40k'ish because it could signal another short term bearish trend, in my opinion.

We are gradually going down and we dont know if we would hit up again below 40k price which might be a good spot for you to have some buy orders specially in 38k if ever we do reach it out but it seems that the price

will hardly able to break that 40k support but lets see if this gradual decline will able to touch that line but if it does then its not bad to make out some re-entry or make out some accumulation on that point but of course

you should prepare yourself on the possible continous price decline but i dont really see any fundamentals or news in correlated to it.

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Quote from: mumang siat on April 05, 2022, 11:18:49 AM

Quote from: Rimueng on April 05, 2022, 10:59:01 AM

Bitcoin has rallied in early March to date, the bitcoin price has risen to $47K and is steady at $45K. I believe the bitcoin price will rise above $50k again before the Bulls dominate again. If not, the price is still stuck sideways. Let's see how the odds of BTC trend for the next few weeks.

There is a more stable rise to bitcoin for now, the trend shows bitcoin has gradually recovered, although not too big of a recovery caused for now, the chances of bitcoin going forward will improve even more, if the current correction actually recovers completely, the market reaction has shown how difficult it is the coin is back on the green, but bitcoin can prove that correction is a normal reaction to any coin

True, but in the last 24 hours, hmm, seems the price is slowly going down? I don't know what's the reason for it, from $46k to $43k? that seems to be very alarming now. So I don't think that $50k can be reached this month because we just started at the wrong foot already. And hopefully this will not result to the price going below $40k'ish because it could signal another short term bearish trend, in my opinion.

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Quote from: Rimueng on April 05, 2022, 10:59:01 AM

Bitcoin has rallied in early March to date, the bitcoin price has risen to $47K and is steady at $45K. I believe the bitcoin price will rise above $50k again before the Bulls dominate again. If not, the price is still stuck sideways. Let's see how the odds of BTC trend for the next few weeks.

There is a more stable rise to bitcoin for now, the trend shows bitcoin has gradually recovered, although not too big of a recovery caused for now, the chances of bitcoin going forward will improve even more, if the current correction actually recovers completely, the market reaction has shown how difficult it is the coin is back on the green, but bitcoin can prove that correction is a normal reaction to any coin

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Quote from: cryptomaniac_xxx on February 27, 2022, 07:47:35 AM

Quote from: Rimueng on February 27, 2022, 07:23:49 AM

After last week the price of bitcoin decreased to the $34k area, but now the price is back up in the $39k range. But it seems that the price of bitcoin is still experiencing obstacles to rise again to the $43k area. I think the price of bitcoin still has the potential to drop to the $35k area.

The biggest barrier is $40k, we might cross it though, but not sure how strong is the support at this price as the volume is not that big in my opinion.

So let's see if we break that price and sustained it. It's almost the start of March, and if I'm not mistaken, this month is not that good either for us, might be better to really expect the unexpected again, in my opinion.

Bitcoin has rallied in early March to date, the bitcoin price has risen to $47K and is steady at $45K. I believe the bitcoin price will rise above $50k again before the Bulls dominate again. If not, the price is still stuck sideways. Let's see how the odds of BTC trend for the next few weeks.

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Quote from: Sebas.tian on April 04, 2022, 09:53:25 AM

by next few weeks bitcoin price will move higher to demonstrate to investors that this month of April is a sign of preparing to hit $100,000 before the end of the year 2022. Bitcoin price always give altcoins opportunity to rise because whenever bitcoin price is decreasing in the market other altcoins price will start decreasing too and whenever bitcoin price is increasing in the market, altcoins price will be increasing too that is giving many investors to use bitcoin to determine other altcoins in the community.

Bitcoin investors are about to see massive pumping of bitcoin because the price used to change positively every month of April to allow people to make a good income that will attract them to invest more for a bright future.

We can't really know this and it is impossible to predict that beforehand. You could assume that it would do that but that doesn't mean that you should be able to do something like that. I personally believe that we will be 100k by the end of the year but that doesn't mean that we will be, that is just assumption.

Hopefully we will do that though, I really want to see bitcoin at a higher level already, reaching 70k or more and breaking a new ATH would be very good. We are forgetting very quickly but whenever the price reaches to a new level then we get a lot of people here and suddenly we are crowded and everything is more awesome and we all earn a lot more. I miss those days.

Topic: Bitcoin touched $43k, from $33k in two weeks (Read 1293 times)