BTC broke through 33,500 USDT | Bitcointalksearch.org

arufox

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Quote from: livingfree on July 10, 2021, 06:15:42 PM

I saw it @ $34k and thought that it would come easy to the next price of it. The placing that bitcoin shows are removing my worry as long as it's moving like this, slowly.

I don't have any worries if it gets a sudden plummet but more likely after this, we'll see a sudden pump once again once it breaks the barrier to $40k and up.

I predict, speculation in the spot and derivatives market will stabilize in the future, which will turn into lower price swings. A look at the options shows that the $35k level could act as a cap for Bitcoin for the month of July. However, in the next few months bitcoin will face some resistance between the $40k and $50k levels.

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Quote from: arufox on August 03, 2021, 08:40:21 AM

Quote from: livingfree on July 10, 2021, 06:15:42 PM

I saw it @ $34k and thought that it would come easy to the next price of it. The placing that bitcoin shows are removing my worry as long as it's moving like this, slowly.

I don't have any worries if it gets a sudden plummet but more likely after this, we'll see a sudden pump once again once it breaks the barrier to $40k and up.

I predict, speculation in the spot and derivatives market will stabilize in the future, which will turn into lower price swings. A look at the options shows that the $35k level could act as a cap for Bitcoin for the month of July. However, in the next few months bitcoin will face some resistance between the $40k and $50k levels.

The level of $40k more can be broken but this did not last long and returned to being a correction again I think it will definitely start the previous thing by redeeming the limit that has been passed then in the future the movement of bitcoin seems to be much healthier and for me the basic level of correction currently $35k later what happens I want to know his reaction.

I don't think the bullrun is the right time, it's only partly a sweetener from a few investors but a lot of speculation that comes at the end of the year I will see the real thing.
Will know how much dip by then.

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Quote from: gfhuy on July 09, 2021, 10:12:40 AM

Huobi market shows that BTC broke through 33500 USDT and is now quoted at 33500.39 USDT, up 2.73% in 24H.
BTC + 2.47%

I think this is a very small number compared to the bull run a few months ago. However this indicates that the next bull run is imminent, but just waiting for the day. And many Alts are starting to increase, even by almost 45%. You can check it out on Binance in the last few days.

although the increase that occurred was quite small compared to the previous increase in bitcoin, we should be grateful for this because at least the market is starting to show improvement now, even though the negative market sentiment is still happening but we hope that the recent increase can bring us closer to the arrival of new bullrun, and I see at least the last few days some altcoins have started to improve and are back in the green in the market,, hopefully this positive trend will continue so that then we can see bitcoin prices go high again.

slaman29

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Quote from: Baofeng on July 29, 2021, 04:12:15 PM

^^ Yeah, but it's going to be a slow grind after breaking $40k. Breaching it and sustaining this price level is two different things. So we need to see how long can we sustain it without going back and retesting $38k-$39k.

So far the price seems to hold and the bulls are not going to give back the control of the market to the bears. But as I have said, the growth might slow down a bit and only if we have enough momentum to push it above $40k to $43k remains to be seen.

Looks like we had another pullback right now. Not so bad actually, not sure what's going on, probably just a lot of people deciding they want to take profit at 40k instead of waiting for the weekend.

Would have been really cool to stay above for many days but now we've to see if we're going back to support again.

Baofeng

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^^ Yeah, but it's going to be a slow grind after breaking $40k. Breaching it and sustaining this price level is two different things. So we need to see how long can we sustain it without going back and retesting $38k-$39k.

So far the price seems to hold and the bulls are not going to give back the control of the market to the bears. But as I have said, the growth might slow down a bit and only if we have enough momentum to push it above $40k to $43k remains to be seen.

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Quote from: LUCKMCFLY on July 28, 2021, 07:29:58 PM

The balance for BTC has been very exciting, it has reached $ 40k, but it has dropped a bit, it is at the $ 39k- $ 40k levels, for now I think that the bulls are waiting for another good moment to continue pushing the price, the This time bears are falling behind, they are losing their strength:

Quote

After retesting the resistance of $40,000, the recovery has slowed down and the price is trying to consolidate in the area of weak support at $39,600. If the bulls manage to continue to rise today, the price may test the $42,447 level.

Source: https://u.today/btc-eth-and-ada-price-analysis-for-july-28

You see a very good outlook, apparently the bulls are having control for now, investors are putting in more money because the volume that BTC has is showing somewhat considerable.

Nice view in the side of investors and those traders who choose long,
the barrier is getting stronger and seems that more investors are throwing their money to back up this upward movement.

Showing that there are more interest to take part and ride with this moving bull,
hopefully it will regained strength and start to charge up and bring everything up again.

Still speculation but the potential is good especially for those who are new or just coming back to this market.

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Quote from: SquallLeonhart on July 28, 2021, 12:53:49 PM

Quote from: slaman29 on July 28, 2021, 12:56:10 AM

Nah, no way. I said yesterday even if it's true, this kind of news shouldn't affect the market because it actually does nothing for Bitcoin adoption. Doesn't create more users, just maybe makes a few more transactions possible from Bitcoin users that already exist.

Plus now Amazon itself has denied the story is true, so it's definitely not that.

However I have to say that if amazon actually accepted it, they would create a bit more interest towards crypto, why? Because you can buy many things from amazon that could be good for your daily life as well, not just some ebay type of place.

Maybe, maybe not. But you know, Microsoft once opened up Bitcoin (years ago). They didn't get any sales. And in many countries now you have food deliveries that can be paid in Bitcoin (I believe the JustEat gang in Europe has this), but ask all these defi users and altcoin holders and Bitcoin speculators if they ever actually paid for anything in BTC? No they just "HODL the stacks".

But okay, I agree. If it had been true, it would be bigger. Which is why I said if it were real BTC usage, plus censorship removal, then it'd be big.

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The balance for BTC has been very exciting, it has reached $ 40k, but it has dropped a bit, it is at the $ 39k- $ 40k levels, for now I think that the bulls are waiting for another good moment to continue pushing the price, the This time bears are falling behind, they are losing their strength:

Quote

After retesting the resistance of $40,000, the recovery has slowed down and the price is trying to consolidate in the area of weak support at $39,600. If the bulls manage to continue to rise today, the price may test the $42,447 level.

Source: https://u.today/btc-eth-and-ada-price-analysis-for-july-28

You see a very good outlook, apparently the bulls are having control for now, investors are putting in more money because the volume that BTC has is showing somewhat considerable.

SquallLeonhart

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Quote from: slaman29 on July 28, 2021, 12:56:10 AM

Quote from: Reatim on July 27, 2021, 03:12:28 AM

That's part of the market specially when Manipulators are prospecting another bagging, but maybe this is from the News that Amazon might accept bitcoin as payment?

Nah, no way. I said yesterday even if it's true, this kind of news shouldn't affect the market because it actually does nothing for Bitcoin adoption. Doesn't create more users, just maybe makes a few more transactions possible from Bitcoin users that already exist.

Plus now Amazon itself has denied the story is true, so it's definitely not that.

Amazon already denied it so there is no point on thinking it was because of that, and the price dropped after amazon denied it as well, but the price still went up after that. However I have to say that if amazon actually accepted it, they would create a bit more interest towards crypto, why? Because you can buy many things from amazon that could be good for your daily life as well, not just some ebay type of place.

Of course it depends on which nation you are from but you can get even food from them in some nations, and you can get regular needs, baby wipes, diapers and so forth for anyone who has a kid (best prices I have seen anywhere), certain daily needs like food and clothes for adults, and even stuff for business as well.

This means that instead of selling your crypto and buying them with fiat, you will be able to spend your crypto instead, and if amazon doesn't sell it quickly, then we are talking about less sales and higher price.

slaman29

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Quote from: Reatim on July 27, 2021, 03:12:28 AM

That's part of the market specially when Manipulators are prospecting another bagging, but maybe this is from the News that Amazon might accept bitcoin as payment?

Nah, no way. I said yesterday even if it's true, this kind of news shouldn't affect the market because it actually does nothing for Bitcoin adoption. Doesn't create more users, just maybe makes a few more transactions possible from Bitcoin users that already exist.

Plus now Amazon itself has denied the story is true, so it's definitely not that.

SquallLeonhart

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Quote from: Reatim on July 27, 2021, 03:12:28 AM

though Last night this runs to more than40,000 almost breaking the 41k .

though I'm afraid that this is the last Pump and we are aiming to the Bear market in which 25,000 below .

Do not be so sure about the price, we could see the price going up to 40k+ once again very soon, nobody can guarantee a drop just yet. I understand that we do not have to keep going up, I understand that there is a chance we could drop, and all of that makes sense and the charts show that going down is a big possibility right now.

However reality is that we could also see it going up as well, it is obvious that bitcoin is literally 50-50% thing where it either goes up or down as we all know and it always have 50-50% chance of doing each, it is never "there is a 80% chance it will go down" because it is never so guaranteed that it will do that. Which is why I am expecting a little retract which we already did but could be a bit more, like to 36k or so, and then I am expecting it to go to a level where it is breaking 40k but could fail to do so of course.

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Quote from: gfhuy on July 09, 2021, 10:12:40 AM

Huobi market shows that BTC broke through 33500 USDT and is now quoted at 33500.39 USDT, up 2.73% in 24H.
BTC + 2.47%

2 weeks after ?here is the Price

https://coinmarketcap.com/currencies/bitcoin/

though Last night this runs to more than40,000 almost breaking the 41k .

though I'm afraid that this is the last Pump and we are aiming to the Bear market in which 25,000 below .

Quote from: slaman29 on July 27, 2021, 03:01:49 AM

Quote from: cryptomaniac_xxx on July 26, 2021, 03:04:30 AM

^^ We have been trying to break $40k for at least 3x already and so far we have failed.

But I do hope that with the recent uptick on the price, this could be it. $38k has been broken, the pre-cursor of $40k. If we can broke it right now and then sustained a run, then definitely, $40k could be broken now. Crossing my fingers, this is a good start of the week and by the week end, hopefully that barrier is broken so that we can say that at least bull run has re-started again.

Well it does seem like we did it but then it immediately caused a pullback and it's quite painful to see the charts.

But it's not unlike what I was thinking might happen yesterday before we hit 40k. Markets will test it several times before finally breaking through but each failure will also be an opportunity for bears to retake their attacks on 30k support. Going to be nervy:)

That's part of the market specially when Manipulators are prospecting another bagging, but maybe this is from the News that Amazon might accept bitcoin as payment?

slaman29

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Quote from: cryptomaniac_xxx on July 26, 2021, 03:04:30 AM

^^ We have been trying to break $40k for at least 3x already and so far we have failed.

But I do hope that with the recent uptick on the price, this could be it. $38k has been broken, the pre-cursor of $40k. If we can broke it right now and then sustained a run, then definitely, $40k could be broken now. Crossing my fingers, this is a good start of the week and by the week end, hopefully that barrier is broken so that we can say that at least bull run has re-started again.

Well it does seem like we did it but then it immediately caused a pullback and it's quite painful to see the charts.

But it's not unlike what I was thinking might happen yesterday before we hit 40k. Markets will test it several times before finally breaking through but each failure will also be an opportunity for bears to retake their attacks on 30k support. Going to be nervy:)

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Quote from: $crypto$ on July 26, 2021, 02:38:21 PM

Quote from: snipie on July 26, 2021, 02:19:36 PM

Quote from: cryptomaniac_xxx on July 26, 2021, 03:04:30 AM

^^ We have been trying to break $40k for at least 3x already and so far we have failed.

But I do hope that with the recent uptick on the price, this could be it. $38k has been broken, the pre-cursor of $40k. If we can broke it right now and then sustained a run, then definitely, $40k could be broken now. Crossing my fingers, this is a good start of the week and by the week end, hopefully that barrier is broken so that we can say that at least bull run has re-started again.

Bitcoin price on Preev right now is $40120 Wink

Now that's what I am talking about! The main thing to watch right now is to see more uprising and some stabilisation around $45k hopefully before passing to the next level.

Bitcoin price $40,274.25 CMC

This possibility will soon reach a level to continue to break the barrier, I think this is done in a short time with stability between $45k likely to be crossed and it could be in the middle of $50k I hope this also makes up for it.

There's been a lot of good news today because bitcoin has emerged again, well hopefully this is an early sign that we expect to be a bullrun again like before.

last night bitcoin had dropped again to $35,000 and now it's back at $37,129 (market binance) it doesn't mean bitcoin will happen bitcoin will burrish again. it's just a warm-up or a signal that it will pump again in the near future.
in the past week many investors got big profits and after that they started being greedy again to invest again in large quantities.

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Quote from: snipie on July 26, 2021, 02:19:36 PM

Quote from: cryptomaniac_xxx on July 26, 2021, 03:04:30 AM

^^ We have been trying to break $40k for at least 3x already and so far we have failed.

But I do hope that with the recent uptick on the price, this could be it. $38k has been broken, the pre-cursor of $40k. If we can broke it right now and then sustained a run, then definitely, $40k could be broken now. Crossing my fingers, this is a good start of the week and by the week end, hopefully that barrier is broken so that we can say that at least bull run has re-started again.

Bitcoin price on Preev right now is $40120 Wink

Now that's what I am talking about! The main thing to watch right now is to see more uprising and some stabilisation around $45k hopefully before passing to the next level.

Bitcoin price $40,274.25 CMC

This possibility will soon reach a level to continue to break the barrier, I think this is done in a short time with stability between $45k likely to be crossed and it could be in the middle of $50k I hope this also makes up for it.

There's been a lot of good news today because bitcoin has emerged again, well hopefully this is an early sign that we expect to be a bullrun again like before.

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Quote from: cryptomaniac_xxx on July 26, 2021, 03:04:30 AM

^^ We have been trying to break $40k for at least 3x already and so far we have failed.

But I do hope that with the recent uptick on the price, this could be it. $38k has been broken, the pre-cursor of $40k. If we can broke it right now and then sustained a run, then definitely, $40k could be broken now. Crossing my fingers, this is a good start of the week and by the week end, hopefully that barrier is broken so that we can say that at least bull run has re-started again.

Bitcoin price on Preev right now is $40120 Wink

Now that's what I am talking about! The main thing to watch right now is to see more uprising and some stabilisation around $45k hopefully before passing to the next level.

cryptomaniac_xxx

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^^ We have been trying to break $40k for at least 3x already and so far we have failed.

But I do hope that with the recent uptick on the price, this could be it. $38k has been broken, the pre-cursor of $40k. If we can broke it right now and then sustained a run, then definitely, $40k could be broken now. Crossing my fingers, this is a good start of the week and by the week end, hopefully that barrier is broken so that we can say that at least bull run has re-started again.

aoluain

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I believe we jumped up $2000 in value in the space of 2 minutes thats impressive!

According to YahooFinance "Bitcoin Breaks Back Above $39K in Largest Single Daily Gain in 6 Weeks"

https://finance.yahoo.com/news/bitcoin-breaks-back-above-39k-013459140.html

We are looking at $40k resistance now which is normal.

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Quote from: STT on July 26, 2021, 12:19:49 AM

Recovery into the range then with strength through the 50 day is impressive and thats the exciting bit. Now it has to consolidate and form a confirmation of this action on daily and weekly bars, obviously takes time to do so. We retract and move more boring again for now but well played to those that saw some build into this movement. Even if we did reverse from here, nice trade anyway.

Trying to learn and go on what I've found most reliable in the past, the bottom prices do show strength whatever happens with these highs. Price held itself above the 50 week average, good general appreciation I think has to be acknowledged as longer term positive direction. The rumour on Amazon might falter a little, I dont know I dont care about words and news really but in the chart its not yet free of restraint.

Influenced from the news around brings investors inside, those institutional investors who are also interested with this business might start bringing their money around.

Not good with reading charts but most of the time from my personal observation, investors are trying to ride with the hot trends and it really affecting what the market is moving, with high hope that the entry will bring them decent profits.

Just waiting for more confirmation and allowing the cycle to bounce up and down before making some move between holding and selling out.

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Quote from: STT on July 26, 2021, 12:19:49 AM

Trying to learn and go on what I've found most reliable in the past, the bottom prices do show strength whatever happens with these highs. Price held itself above the 50 week average, good general appreciation I think has to be acknowledged as longer term positive direction. The rumour on Amazon might falter a little, I dont know I dont care about words and news really but in the chart its not yet free of restraint.

I'm not sure what to think at all. Part of me thinks ok, so 30k support was broken many times since June, but each time i bounced back and showed that the dips were really dips.

But part of me also thinks 40k being a resistance is not a good thing. Every time we try to test it and it fails, it means more weakness, which is just what happened (but of course already 11% ++ gains is not to be blamed for weakness).

Topic: BTC broke through 33,500 USDT (Read 788 times)