Topic: Bitcoin will not be able to stay above $40K for 10 consecutive days ever again! (Read 564 times)

Ten days have past so this is not a valid thread.

I will lock it on Monday.

If we look at the current Bitcoin price increase which is above $40k, I don't think it's a coincidence. This rise occurred as more and more people
realized the potential of Bitcoin and finally more and more people invest in Bitcoin. That what makes Bitcoin's rise unstoppable, if we don't believe it,
we can see a graph of Bitcoin price movements since Bitcoin entered the market, which every year Bitcoin always rises to a higher price. In fact,
I am optimistic that the price will continue to rise and could soon return to the price of $60k in the next few months. So if someone doubts
the potential of Bitcoin, that person doesn't really understand Bitcoin.

Yeah. August 5th so 8.5days down 1.5 to go.

If I do a new thread it will be 45

as 30 35 and 40 will be done.

I don't know if there is a bit of sarcasm with this thread or not but... yeah it looks like that the subject title will be changed again
It looks like Bitcoin stayed for more than a week above $40,000.

I will wait for the title to be changed into "Bitcoin will not be able to stay above $50K for 10 consecutive days ever again!" or I will wait for a new thread with a title of "Bitcoin will not go below $50,000 for 10 consecutive days every again" after Bitcoin reached $50,000 .

I just counted based on Daily candle closes and make it 8 days so far in a row, assuming when we talk of "stay above" it's a reference to end of day price at least.  I'll be the contrarian and now claim that Bitcoin won't spent 10 consecutive days under $40K ever again, as long as the 10th day is met above this price. Although in reality if price only reaches $150K this year then it's more than possible, so I'll go for the hope it reaches $200-250K with a blow off top meaning the pull-back only goes as far as $40-50K...

Bitcoin is unstoppable, that's why we are all not surprised by the current price movements, investors are increasingly close ranks and focusing on bitcoin. although it seems like a coincidence but in fact from the various things that can affect it.. it has been proven real and happened.

It's been five days since Bitcoin price has gone over $40k. And it continues to increase even more. I think that it will be ten days quite easily considering the current view. It is moving on like it is unstoppable. Hence, I think you should get ready to make it $50k instead of $40k soon. 

This is a very challenging thread and allows speculators to bet and challenge OP so far OP lose this one but he can create another one to challenge speculators and investors again I hope he or anyone can do this until Bitcoin reaches $100k which is quite possible if we have a big pump in the last quarter.

I agree, bullish season is back we are now at 45k$ and counting if Bitcoin will continue to rise I will predict that it will maybe go higher price and make a new ATH maybe it will be at 70k to 80k$ at price and there is a great possibility that 100k$ will really happen this year.

Well, well, well.
It seems I am right that we are on the road of $50k, seeing the price right at this moment it seems like it will almost break the $45 price and soon it will hit the price of $50k --my prediction. As I said on the first page, the price of the bitcoin sometimes matter on the trend and the news around, as we heard there is some good news of adoption that happens that makes the bitcoin price having resistance and break the wall of $43 and now we are almost in $45.

What you predict is correct, the bull run has happened because now the price has reached $43k, I'm sure tomorrow or the day after tomorrow it will reach $45k and will continue to rise, there is still a chance to buy because the price will continue to skyrocket.

20 minutes in.

Flight is nominal.

Oh for sure I have posted quite a bit regarding PlanB's stock to flow theory, and many aspects of PlanB's theory predate him, so surely his efforts to plot out the historical BTC price performance data and to repackage it in terms of projecting forward has a lot of validity, even though we know for sure that the future is not guaranteed in terms of the model having imbedded guarantees but of course, trends and probabilities to stay in conformity with the trendlines.

Anyhow, in the past couple of years, I have tended to package PlanB's theory in terms of being the best of the BTC price prediction models so long as it is coupled with the four-year fractal (of course somewhat redundant with plan B but worth it's own separate repeating) and the idea (model) of exponential s-curve adoption based on Metcalfe principles and networking effects... so anyhow, from my perspective there is a need to account for all three of those BTC price prediction models when considering bitcoin price dynamics, both long term and short term, but of course, many of us appreciate that in the short-term BTC prices tend to be all over the place, so those three models tend to provide guidance for longer-term BTC price dynamic ideas rather than giving us a lot of clues regarding where BTC prices may or may not go (or not go) in shorter timeframes.

Are you by any chance a supporter of the PlanB theory? ^{[In any case, we all need to be patient]}

Well, this is just a theory ... I think we need to get rid of the background noise so that the events unfold as you said, and as PlanB predicts. Since looking at the billions dollar capitalizations of other shitty coins, it becomes obvious that the declared amount of money in the capitalization of all altcoins is fiction. I am leading to the fact that I am looking forward to an extremely negative scenario for alternative cryptocurrencies, scenario against which Bitcoin will be able to take its well-deserved place in the form of 80-85% of the value of the entire cryptocurrency market. I hope I'm not too skeptical, although I have every right to do so given my experience, (experience of losing money).

Yeah, $39K just under 40K but its actually good figures after long sideways instead of red days this shows that volatility of bitcoin is shrinking after every cycle in terms of percentage but in fiat value the value keeps increasing.

It does not tend to be a very sound practice to be trading bitcoin based on internet rumors or even shorter-term speculations.  The people who have done better/best in bitcoin seem to be ones who buy and hold through a couple of cycles or longer..

Of course, you can continue to buy BTC if you do not have a strong cashflow which also has tended to do well, and would be consider dollar cost averaging investing, but if you are screwing around with trading or trying to figure out sentiment, you may well get tricked out of holding onto your bitcoin, which is what you need to have when the BTC price is going up.. presuming that we will get UP from here at some point.

bitcoin is still as stable as you said and is at $39,000 this week. it can be said that the bullrun will happen again, we have prepared several assets that will bullrun together.
You don't get stuck with rumors on the internet because these rumors affect our decisions in making our decisions.

Well, it is almost there --perhaps on Aug 9, this will never 40k thread because it will become a $45k of bitcoin price.
The correction heals so fast and no one can stop it and there will be another one and I smell like we are on the road of $50k.
However, your wedding anniversary celebration would be happier if that will happen. ^{[ Best wishes ]}

I believe what you say but I do not think we are there yet and the corrections in the next couple of years will bring it below the 40,000 mark but I agree with your point eventually we will see it never dipping below 40,000, 50,000 maybe 100k

I guess you don't need to know because you already believe that the king doesn't need to be awakened, unless it's time to wake up.
but do you just rely on the king and don't need the help of his soldiers to fight to increase the prosperity of the king (bitcoin) or in other words you just hold on and need trade transactions.