Bitcoin touched $43k, from $33k in two weeks - page 5.

Kemarit

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Quote from: Vaculin on February 16, 2022, 03:47:06 PM

Quote from: Kemarit on February 15, 2022, 10:34:47 AM

Quote from: Sayeds56 on February 15, 2022, 07:57:18 AM

Quote from: Kemarit on February 11, 2022, 02:35:53 PM

Quote from: Epaper on February 11, 2022, 12:40:28 PM

In my opinion, the price of bitcoin will still experience a bullish trend in the midst of a green market like today. Although later the price will drop occasionally and that is only natural because crypto prices often experience rapid increases and decreases. Therefore it seems that the next bitcoin price target will be around $48k within this week.

There will be a lot of ups and downs before we can get to $48,000 at least. It seems that the market has stagnated to $43,000 for this week. Maybe the bulls doesn't have the final push or the market is on a wait and see basis. Usually this happens if we go and try to break a big barrier like $45,000 and then we fail. So we will see if the bullish trend will continue, but I wouldn't be surprised if we are going on a sideways pattern.

True. We are used to witness volatility in Bitcoin market that I consider an opportunity to make money by proper risk management and avoiding impulsive decisions. last week Bitcoin was down because of negative news coming from Ukraine but this weeks seems good and most likely we will see closing of weekly candle above 46K.

I think it is still $45,000 to broken first, and then we can talk about $46,000 and higher.

The Ukraine news seems to be fading away as the market perform very good the start of the week. Hopefully we can close this week with a good rebound and who knows, there could be another shock for us this week. Because as far as TA (RSI strength) is concern, this could be another bull run for us.

The current price is $44,212 so its already close breaking its next resistance at $45k price level. If there will be a good push by next week like having positive news that will leave huge impact, then bitcoin will not only hit $45k but it will be heading for a $50k price level. I guess this time, having a bull trap is less likely to be more possible since the market has started to be more stable again, along with potential altcoins too. At the end of the day, there will only be two possible paths, that we are heading to another bull season, or we are heading back into another price correction if the market is affected again by the insignificant news and updates.

We do hope that it will break that big barrier because so far in the last two day,s the price keeps on teh $44,000 range and there is not enough push heading to $45,000. We even had the price going below to $43,500 so I guess we will have to wait for that $50,000 price against. I will agree that we need some positive news to break that barrier, but so far we haven't had one so maybe we will see it trading sideway for the rest of the week.

Dave1

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Quote from: KennyR on February 16, 2022, 06:59:29 PM

The growth is real, and if has happened without any form of manipulation. Price of bitcoin after reaching $43k took long time to cross $44k. Now it wasn't able to break $45k and as a result once again it has slipped down to $44k. There is more speculation on price reaching $50k, but as of now I don't think market is highly supportive. Maybe some positive news or a big adoption news from corporate will cause a upward move.

It's because the price is really that low in the past, remember the $33k lowest low? It's the price that mostly investors got, and then we have the support at $40k which is good to enter the picture as well.

That's why the price is on steady growth and yeah it's real for now. And even if there is such negative news around, the price is steady and we could really reach $50k before the end of February.

Oilacris

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Quote from: KennyR on February 16, 2022, 06:59:29 PM

The growth is real, and if has happened without any form of manipulation. Price of bitcoin after reaching $43k took long time to cross $44k. Now it wasn't able to break $45k and as a result once again it has slipped down to $44k. There is more speculation on price reaching $50k, but as of now I don't think market is highly supportive. Maybe some positive news or a big adoption news from corporate will cause a upward move.

The price is really moving in small margins which it can be called as a usual or typical day here on crypto on which it is really hard to determine on what would be the next possible movement that we

are able to see that the price is stable like but we know that it isnt really that assure that it would last for a while.It could move out directly without even us knowing.
Price is volatile as always thats why when you do make out movement then you should be wise on doing that.

peter0425

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staying in 43k level till now for couple of days now , if this continue to hold then maybe we will be seeing the 50kish value in the following days/weeks.

Quote from: KennyR on February 16, 2022, 06:59:29 PM

The growth is real, and if has happened without any form of manipulation. Price of bitcoin after reaching $43k took long time to cross $44k. Now it wasn't able to break $45k and as a result once again it has slipped down to $44k. There is more speculation on price reaching $50k, but as of now I don't think market is highly supportive. Maybe some positive news or a big adoption news from corporate will cause a upward move.

45k had been broken several days ago mate though this does not stay that long meaning we are still hoping to that level staying and that is also the barricade that will dictate the growth again.

KennyR

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The growth is real, and if has happened without any form of manipulation. Price of bitcoin after reaching $43k took long time to cross $44k. Now it wasn't able to break $45k and as a result once again it has slipped down to $44k. There is more speculation on price reaching $50k, but as of now I don't think market is highly supportive. Maybe some positive news or a big adoption news from corporate will cause a upward move.

Vaculin

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Winding down.

Quote from: Kemarit on February 15, 2022, 10:34:47 AM

Quote from: Sayeds56 on February 15, 2022, 07:57:18 AM

Quote from: Kemarit on February 11, 2022, 02:35:53 PM

Quote from: Epaper on February 11, 2022, 12:40:28 PM

In my opinion, the price of bitcoin will still experience a bullish trend in the midst of a green market like today. Although later the price will drop occasionally and that is only natural because crypto prices often experience rapid increases and decreases. Therefore it seems that the next bitcoin price target will be around $48k within this week.

There will be a lot of ups and downs before we can get to $48,000 at least. It seems that the market has stagnated to $43,000 for this week. Maybe the bulls doesn't have the final push or the market is on a wait and see basis. Usually this happens if we go and try to break a big barrier like $45,000 and then we fail. So we will see if the bullish trend will continue, but I wouldn't be surprised if we are going on a sideways pattern.

True. We are used to witness volatility in Bitcoin market that I consider an opportunity to make money by proper risk management and avoiding impulsive decisions. last week Bitcoin was down because of negative news coming from Ukraine but this weeks seems good and most likely we will see closing of weekly candle above 46K.

I think it is still $45,000 to broken first, and then we can talk about $46,000 and higher.

The Ukraine news seems to be fading away as the market perform very good the start of the week. Hopefully we can close this week with a good rebound and who knows, there could be another shock for us this week. Because as far as TA (RSI strength) is concern, this could be another bull run for us.

The current price is $44,212 so its already close breaking its next resistance at $45k price level. If there will be a good push by next week like having positive news that will leave huge impact, then bitcoin will not only hit $45k but it will be heading for a $50k price level. I guess this time, having a bull trap is less likely to be more possible since the market has started to be more stable again, along with potential altcoins too. At the end of the day, there will only be two possible paths, that we are heading to another bull season, or we are heading back into another price correction if the market is affected again by the insignificant news and updates.

Sayeds56

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Eloncoin.org - Mars, here we come!

Quote from: Kemarit on February 15, 2022, 10:34:47 AM

Quote from: Sayeds56 on February 15, 2022, 07:57:18 AM

Quote from: Kemarit on February 11, 2022, 02:35:53 PM

Quote from: Epaper on February 11, 2022, 12:40:28 PM

In my opinion, the price of bitcoin will still experience a bullish trend in the midst of a green market like today. Although later the price will drop occasionally and that is only natural because crypto prices often experience rapid increases and decreases. Therefore it seems that the next bitcoin price target will be around $48k within this week.

There will be a lot of ups and downs before we can get to $48,000 at least. It seems that the market has stagnated to $43,000 for this week. Maybe the bulls doesn't have the final push or the market is on a wait and see basis. Usually this happens if we go and try to break a big barrier like $45,000 and then we fail. So we will see if the bullish trend will continue, but I wouldn't be surprised if we are going on a sideways pattern.

True. We are used to witness volatility in Bitcoin market that I consider an opportunity to make money by proper risk management and avoiding impulsive decisions. last week Bitcoin was down because of negative news coming from Ukraine but this weeks seems good and most likely we will see closing of weekly candle above 46K.

I think it is still $45,000 to broken first, and then we can talk about $46,000 and higher.

The Ukraine news seems to be fading away as the market perform very good the start of the week. Hopefully we can close this week with a good rebound and who knows, there could be another shock for us this week. Because as far as TA (RSI strength) is concern, this could be another bull run for us.

You are absolutely right that first Bitcoin has to break 45K then we talk about any further upside. My optimistic view is based on positive news coming from Russia about troops pull out from Ukraine. I think if we don't see any further escalation in tension we might see a parabolic candle and Bitcoin will break above 47K becuase next restsnace is above 47K after breaking 45K on weekly chart. DYOR

Kemarit

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Quote from: Sayeds56 on February 15, 2022, 07:57:18 AM

Quote from: Kemarit on February 11, 2022, 02:35:53 PM

Quote from: Epaper on February 11, 2022, 12:40:28 PM

In my opinion, the price of bitcoin will still experience a bullish trend in the midst of a green market like today. Although later the price will drop occasionally and that is only natural because crypto prices often experience rapid increases and decreases. Therefore it seems that the next bitcoin price target will be around $48k within this week.

There will be a lot of ups and downs before we can get to $48,000 at least. It seems that the market has stagnated to $43,000 for this week. Maybe the bulls doesn't have the final push or the market is on a wait and see basis. Usually this happens if we go and try to break a big barrier like $45,000 and then we fail. So we will see if the bullish trend will continue, but I wouldn't be surprised if we are going on a sideways pattern.

True. We are used to witness volatility in Bitcoin market that I consider an opportunity to make money by proper risk management and avoiding impulsive decisions. last week Bitcoin was down because of negative news coming from Ukraine but this weeks seems good and most likely we will see closing of weekly candle above 46K.

I think it is still $45,000 to broken first, and then we can talk about $46,000 and higher.

The Ukraine news seems to be fading away as the market perform very good the start of the week. Hopefully we can close this week with a good rebound and who knows, there could be another shock for us this week. Because as far as TA (RSI strength) is concern, this could be another bull run for us.

leea-1334

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Temporary forum vacation

Quote from: Coin_trader on February 15, 2022, 01:21:54 AM

Quote from: leea-1334 on February 15, 2022, 01:16:14 AM

I think the only people who never sold in panic would be the extremely lucky ones who bought at the most lowest price and then never saw losses,,, for example anyone who bought in March 2020 when BTC was below $4000 and then price just rose and rose,,, never saw 10k again since passing.

Then looking around them and seeing the fate of similar coins, that never kept value like BTC, it teaches you to hold.

Most of the professional trader setup a One-Cancels-the-Other Order(OCO) so they are not panic selling no matter what happened on crypto price since they are doing an automated trading with discipline. Taking profit is part of trading but you should not sell your asset just because you are afraid that price will go down but rather it hits already your target profit range that's why you are selling. Many traders don't have goal in trading that's why they are doing holding and selling in an improper way that usually result to loss in profit rather than a consistent gain if they stick to there strategy.

That is definitely how it is for professionals,,, which I believe is very few among forum traders, and fewer among retail traders which I think I was referring to (which I guess most of us are if we ever trade). The most "pro" tool I ever used was just trailing stop limits, but even in this case,,, I know the temptation of tinkering with settings in live orders.

TP and SL is non-negotiable pro or not. Anyone trading without those is not trading but gambling. I always always believe in this.

bitzizzix

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Quote from: leea-1334 on February 15, 2022, 01:16:14 AM

Quote from: Silberman on February 14, 2022, 06:39:48 PM

Quote from: leea-1334 on February 11, 2022, 09:02:12 AM

I definitely can back this up,,, I learned very hard lessons in the early periods when I got into crypto. At least I knew I could lose money,,, I just did not know I would lose almost all of it investing in crap. Everything that survived well had a true utility, and nothing beats that factor for Bitcoin, followed by Ethereum.

But I guess some people need many lessons. But they find it in the wrong place, predictions.

I think the majority of the people that have been here in this market for a long time have gone through something similar, it is rare the person that only invested in bitcoin and never sold in panic, they exist but they are a minority, the rest are people like us, we experimented by buying other coins that at the time seemed like they had potential only to lose our money, eventually we learned from those mistakes, and we recovered the money we lost and more thanks to bitcoin, but it was a long and difficult journey that unfortunately not many can endure.

I think the only people who never sold in panic would be the extremely lucky ones who bought at the most lowest price and then never saw losses,,, for example anyone who bought in March 2020 when BTC was below $4000 and then price just rose and rose,,, never saw 10k again since passing.

Then looking around them and seeing the fate of similar coins, that never kept value like BTC, it teaches you to hold.

Yes, most likely there is, and it's absolutely incredible. Because during 2020-2021 the price of bitcoin continues to rise until it hits a new ATH which in my opinion throughout the year and every increase that occurs, many people will sell because they feel panic the price will go down again.
and the price of bitcoin in march 2020 was around $4,000 and a year later in march 2021 the price of bitcoin reached around $54,000 and if I count the full year I can't imagine profit and very lucky.
and a year is not a long time to hold it in compared to 3, 4, 5 years. And what we have to realize is that bitcoin is not easy to predict due to its volatile nature.
can change significantly in the long and short term, and it takes a lot of patience when the price goes up or down to consistently hold it, and wait for the right and very profitable time to sell it.

btc_angela

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Quote from: Sayeds56 on February 15, 2022, 07:57:18 AM

Quote from: Kemarit on February 11, 2022, 02:35:53 PM

Quote from: Epaper on February 11, 2022, 12:40:28 PM

In my opinion, the price of bitcoin will still experience a bullish trend in the midst of a green market like today. Although later the price will drop occasionally and that is only natural because crypto prices often experience rapid increases and decreases. Therefore it seems that the next bitcoin price target will be around $48k within this week.

There will be a lot of ups and downs before we can get to $48,000 at least. It seems that the market has stagnated to $43,000 for this week. Maybe the bulls doesn't have the final push or the market is on a wait and see basis. Usually this happens if we go and try to break a big barrier like $45,000 and then we fail. So we will see if the bullish trend will continue, but I wouldn't be surprised if we are going on a sideways pattern.

True. We are used to witness volatility in Bitcoin market that I consider an opportunity to make money by proper risk management and avoiding impulsive decisions. last week Bitcoin was down because of negative news coming from Ukraine but this weeks seems good and most likely we will see closing of weekly candle above 46K.

And now another surprise spike in the market, we are almost $45k today.

Just shows how the market is very volatile and hard to predict. Last week, it seems that the bull run is over, but in the last 24 hours, despite the so called war in Russia vs Ukraine the price goes up and the network is somewhat clogged again because I try to transact with the usual fees and it is still pending, meaning many are also doing the same and the buying and selling are very high causing the fees to somewhat go up as well.

Sayeds56

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Eloncoin.org - Mars, here we come!

Quote from: Kemarit on February 11, 2022, 02:35:53 PM

Quote from: Epaper on February 11, 2022, 12:40:28 PM

In my opinion, the price of bitcoin will still experience a bullish trend in the midst of a green market like today. Although later the price will drop occasionally and that is only natural because crypto prices often experience rapid increases and decreases. Therefore it seems that the next bitcoin price target will be around $48k within this week.

There will be a lot of ups and downs before we can get to $48,000 at least. It seems that the market has stagnated to $43,000 for this week. Maybe the bulls doesn't have the final push or the market is on a wait and see basis. Usually this happens if we go and try to break a big barrier like $45,000 and then we fail. So we will see if the bullish trend will continue, but I wouldn't be surprised if we are going on a sideways pattern.

True. We are used to witness volatility in Bitcoin market that I consider an opportunity to make money by proper risk management and avoiding impulsive decisions. last week Bitcoin was down because of negative news coming from Ukraine but this weeks seems good and most likely we will see closing of weekly candle above 46K.

Coin_trader

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Quote from: leea-1334 on February 15, 2022, 01:16:14 AM

Quote from: Silberman on February 14, 2022, 06:39:48 PM

Quote from: leea-1334 on February 11, 2022, 09:02:12 AM

I definitely can back this up,,, I learned very hard lessons in the early periods when I got into crypto. At least I knew I could lose money,,, I just did not know I would lose almost all of it investing in crap. Everything that survived well had a true utility, and nothing beats that factor for Bitcoin, followed by Ethereum.

But I guess some people need many lessons. But they find it in the wrong place, predictions.

I think the majority of the people that have been here in this market for a long time have gone through something similar, it is rare the person that only invested in bitcoin and never sold in panic, they exist but they are a minority, the rest are people like us, we experimented by buying other coins that at the time seemed like they had potential only to lose our money, eventually we learned from those mistakes, and we recovered the money we lost and more thanks to bitcoin, but it was a long and difficult journey that unfortunately not many can endure.

I think the only people who never sold in panic would be the extremely lucky ones who bought at the most lowest price and then never saw losses,,, for example anyone who bought in March 2020 when BTC was below $4000 and then price just rose and rose,,, never saw 10k again since passing.

Then looking around them and seeing the fate of similar coins, that never kept value like BTC, it teaches you to hold.

Most of the professional trader setup a One-Cancels-the-Other Order(OCO) so they are not panic selling no matter what happened on crypto price since they are doing an automated trading with discipline. Taking profit is part of trading but you should not sell your asset just because you are afraid that price will go down but rather it hits already your target profit range that's why you are selling. Many traders don't have goal in trading that's why they are doing holding and selling in an improper way that usually result to loss in profit rather than a consistent gain if they stick to there strategy.

leea-1334

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Temporary forum vacation

Quote from: Silberman on February 14, 2022, 06:39:48 PM

Quote from: leea-1334 on February 11, 2022, 09:02:12 AM

I definitely can back this up,,, I learned very hard lessons in the early periods when I got into crypto. At least I knew I could lose money,,, I just did not know I would lose almost all of it investing in crap. Everything that survived well had a true utility, and nothing beats that factor for Bitcoin, followed by Ethereum.

But I guess some people need many lessons. But they find it in the wrong place, predictions.

I think the majority of the people that have been here in this market for a long time have gone through something similar, it is rare the person that only invested in bitcoin and never sold in panic, they exist but they are a minority, the rest are people like us, we experimented by buying other coins that at the time seemed like they had potential only to lose our money, eventually we learned from those mistakes, and we recovered the money we lost and more thanks to bitcoin, but it was a long and difficult journey that unfortunately not many can endure.

I think the only people who never sold in panic would be the extremely lucky ones who bought at the most lowest price and then never saw losses,,, for example anyone who bought in March 2020 when BTC was below $4000 and then price just rose and rose,,, never saw 10k again since passing.

Then looking around them and seeing the fate of similar coins, that never kept value like BTC, it teaches you to hold.

noormcs5

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Leading Crypto Sports Betting & Casino Platform

Quote from: Epaper on February 11, 2022, 12:40:28 PM

In my opinion, the price of bitcoin will still experience a bullish trend in the midst of a green market like today. Although later the price will drop occasionally and that is only natural because crypto prices often experience rapid increases and decreases. Therefore it seems that the next bitcoin price target will be around $48k within this week.

Droping of bitcoin price to 1000 - 2000$ is normal and we cannot say that will trigger the chnage of structure. However, in case bitcoin drops to 5000$ points, then it can be some thing to worry about. Also, since the future market is very popular, we never know if the bitcoin price dumps signifiantly and then pump back up giving traders a false break and liquidiate them. As long as bitcoin is above key supports level, we are in bullish momentum.

carlisle1

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Quote from: TravelMug on February 11, 2022, 11:38:12 PM

Quote from: Kemarit on February 11, 2022, 02:35:53 PM

Quote from: Epaper on February 11, 2022, 12:40:28 PM

In my opinion, the price of bitcoin will still experience a bullish trend in the midst of a green market like today. Although later the price will drop occasionally and that is only natural because crypto prices often experience rapid increases and decreases. Therefore it seems that the next bitcoin price target will be around $48k within this week.

There will be a lot of ups and downs before we can get to $48,000 at least. It seems that the market has stagnated to $43,000 for this week. Maybe the bulls doesn't have the final push or the market is on a wait and see basis. Usually this happens if we go and try to break a big barrier like $45,000 and then we fail. So we will see if the bullish trend will continue, but I wouldn't be surprised if we are going on a sideways pattern.

it's below $43k unfortunately, as you have said, the barrier is too much that the push has failed again. We might see the price not moving, unless there will be a new set of money coming from any source, i.e. stock market. So the sentiments are back to scared if I'm not mistaken, a indication that investors are again afraid of the current price movement and being reluctant to engage. So will see how it pan out, let's just be positive that the $45k barrier will eventually breach this month.

Influences from investors are really affecting this situation, if big bag holders will hold and not to add any additional fears to the market,

we may see good bounce back while building good barrier. As of this moment, it's below $43K again that attempt to reach $50K did not

materialize, better to hold if you have already assets inside your wallet. If you have spare, it's also good to buy more.

Silberman

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Quote from: leea-1334 on February 11, 2022, 09:02:12 AM

Quote from: Silberman on February 10, 2022, 06:07:05 PM

Quote from: leea-1334 on February 09, 2022, 01:54:40 AM

If people are in Bitcoin and not know that news can and always has affected market situations,,, then I guess they have a lot to learn. If you went to any basic school you learn a bit about economy and the past market crashes like the great depression.

This does not equip you with any better knowledge about where the market will move though. Hence people think they can always outguess and get rich in the process.

Hodl Bitcoin.

You know what they say, there is not really better teacher than experience, it is easy for people to think that they are going to come to this market and that they will make a lot of money, but it is not until they experiment a drop in the price of bitcoini n which we can tell if they have what is necessary to succeed or not, after all how many people got scared and sold their coins when the price of bitcoin dropped? I think many people did that and now they are probably lamenting their luck, when in fact luck had nothing to do with it, and it was their lack of experience what made them to lose their money during that drop.

I definitely can back this up,,, I learned very hard lessons in the early periods when I got into crypto. At least I knew I could lose money,,, I just did not know I would lose almost all of it investing in crap. Everything that survived well had a true utility, and nothing beats that factor for Bitcoin, followed by Ethereum.

But I guess some people need many lessons. But they find it in the wrong place, predictions.

I think the majority of the people that have been here in this market for a long time have gone through something similar, it is rare the person that only invested in bitcoin and never sold in panic, they exist but they are a minority, the rest are people like us, we experimented by buying other coins that at the time seemed like they had potential only to lose our money, eventually we learned from those mistakes, and we recovered the money we lost and more thanks to bitcoin, but it was a long and difficult journey that unfortunately not many can endure.

GeorgeJohn

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The I'm seeing Bitcoin regulations recently i think if it continues to use this measure it will accelerate to better height before February will round up, actually it started it's movement some weeks ago and it picked up on the stage price thirty three thousand (33k) within short time it encroached to forty thousand (40k) and it's in between forty four thousand (44k), so we are expecting Bitcoin to get increased to fifty thousand and immediately it landed to fifty thousand (50k) we will be sure of bullish time and it will be obvious that we are out from bearish period.

TravelMug

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Quote from: Kemarit on February 11, 2022, 02:35:53 PM

Quote from: Epaper on February 11, 2022, 12:40:28 PM

In my opinion, the price of bitcoin will still experience a bullish trend in the midst of a green market like today. Although later the price will drop occasionally and that is only natural because crypto prices often experience rapid increases and decreases. Therefore it seems that the next bitcoin price target will be around $48k within this week.

There will be a lot of ups and downs before we can get to $48,000 at least. It seems that the market has stagnated to $43,000 for this week. Maybe the bulls doesn't have the final push or the market is on a wait and see basis. Usually this happens if we go and try to break a big barrier like $45,000 and then we fail. So we will see if the bullish trend will continue, but I wouldn't be surprised if we are going on a sideways pattern.

it's below $43k unfortunately, as you have said, the barrier is too much that the push has failed again. We might see the price not moving, unless there will be a new set of money coming from any source, i.e. stock market. So the sentiments are back to scared if I'm not mistaken, a indication that investors are again afraid of the current price movement and being reluctant to engage. So will see how it pan out, let's just be positive that the $45k barrier will eventually breach this month.

bitcoin-esperanto

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I am pretty confident that in these times seasoned with uncertainty (we have pandemic events related to covid19 and winds of war between Russia / Belarus and Ukraine) bitcoin represents a certainty, a single currency capable of overcoming any border. I think price could jump again, it's just matter of time Wink

Quote from: Epaper on February 11, 2022, 12:40:28 PM

In my opinion, the price of bitcoin will still experience a bullish trend in the midst of a green market like today. Although later the price will drop occasionally and that is only natural because crypto prices often experience rapid increases and decreases. Therefore it seems that the next bitcoin price target will be around $48k within this week.

Topic: Bitcoin touched $43k, from $33k in two weeks - page 5. (Read 1293 times)