BTC bulls back? - page 4. | Bitcointalksearch.org

fzkto

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Quote from: DeathAngel on March 14, 2023, 08:23:31 AM

Really impressive breakout in recent days. I wonder if the pump is people front running a good CPI announcement by the FED today.

$26,3xx was just hit & perhaps we go even higher today. One thing is for sure, bears are in disbelief. I hope we can soon confirm the end of the bear market.

It looks to me more like a reversal and the start of a new trend in bitcoin. I saw something similar on the chart when Elon Musk started shilling crypto. Crazy candles like this, which occur more than one day in a row, could indicate good buying at "the bottom". Maybe I'm wrong of course. But bitcoin easily broke 25k resistance today.

Kadal Ijo

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It's a nice day because today the price has skyrocketed by more than 17%, if we save in the bank then to get a bank interest of 17% in my country it takes 4 years, but with bitcoin 17% profit can be obtained in 24 hours, this is what makes bitcoin always attractive and worth a long term investment, but i wouldn't sell it now even 2 hours ago i bought it when the price was $25200.

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Really impressive breakout in recent days. I wonder if the pump is people front running a good CPI announcement by the FED today.

$26,3xx was just hit & perhaps we go even higher today. One thing is for sure, bears are in disbelief. I hope we can soon confirm the end of the bear market.

salad daging

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After many FUD scandals happened this is terrible where there was a lot of panic especially with the USDC issue which was having problems but in the end it was able to recover, now SVB is going bankrupt and this will be the collapse of the crypto market which has become a lot of speculation but now bitcoin is flying and has crossed the line $25K which previously only touched briefly but this time we see something quite significant recovery.

There is still a possibility of breaking through the $30k level in March it is still very much open for bitcoin.

Keep HODL bitcoin, if you want to take advantage please now. I'm still holding on

CryptoBuds

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Quote from: peter0425 on March 09, 2023, 09:16:01 PM

Quote from: Why you bully me on January 16, 2023, 02:41:28 AM

I was thinking BTC was going to be on a down hill mostly until near end of 2023. Do you believe this is a bull trap or true recovery for next bull is now here?

I would be interested to see what you people think and why.

:3

once again it is dumping mate dropping from 25k now at 19k dollars value https://coinmarketcap.com/currencies/bitcoin/ and if this continue then maybe we will be seeing another bearish trend this coming of 2nd quarter and may the recovery is in 4th quarter again things that commonly happens.
hoping that this is just correction and we will be seeing this going through 30k .

Too many Fuds are spreading in the market. The US government seems to be looking to crack down on cryptocurrencies by attacking centralized exchanges, and recently, President Biden asked to increase taxes on electricity used to mine bitcoin and crypto. They are increasing the pressure to find ways to control and regulate this market. Inflation is still hitting our economy, and with the negative news in the market, it is hard to expect a rebound in bitcoin this year. We went from 16k to 24k and now we are starting to fall again.

peter0425

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Quote from: Why you bully me on January 16, 2023, 02:41:28 AM

I was thinking BTC was going to be on a down hill mostly until near end of 2023. Do you believe this is a bull trap or true recovery for next bull is now here?

I would be interested to see what you people think and why.

:3

once again it is dumping mate dropping from 25k now at 19k dollars value https://coinmarketcap.com/currencies/bitcoin/ and if this continue then maybe we will be seeing another bearish trend this coming of 2nd quarter and may the recovery is in 4th quarter again things that commonly happens.
hoping that this is just correction and we will be seeing this going through 30k .

STT

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BTC is still a speculative asset to the majority of the market though there is a base line usage its likely to trade at a lower price purely on that alone. Risk appetite retracting leads us back to the lows of 2022 excluding the FTX drama which arguably still remains a fake out. 19k I think is reasonable which is the autumn lows and similar pricing, thats the lower range now and I hope we can still track upto 25k or similar for a higher parallel to the lows.
2023 will be a trading range type year, thats still more positive then the trend down of last year but its not the sunny skies some may have hoped for.

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Quote from: asrinur on March 04, 2023, 10:49:34 AM

It's important to note that predicting the future price movements of BTC is highly complex and subject to many factors, including market sentiment, global economic conditions, regulatory changes, and more. Therefore, any statements about the status of BTC bulls should be taken as a general indication of sentiment and not a guarantee of future price movements.

If statements of increasing prices such as bulls must be considered as a general sentiment, then falling prices must also be considered as the same general sentiment. Because the decline in the price of Bitcoin in the market is also difficult to know now, moreover, it is also often influenced by several factors that are currently happening so that investors sell their assets to secure their initial capital before they buy again after all conditions become normal.

yohananaomi

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Quote from: asrinur on March 04, 2023, 10:49:34 AM

It's important to note that predicting the future price movements of BTC is highly complex and subject to many factors, including market sentiment, global economic conditions, regulatory changes, and more. Therefore, any statements about the status of BTC bulls should be taken as a general indication of sentiment and not a guarantee of future price movements.

it is true that many factors will affect the movement of bitcoin because it is inevitable that this will happen, everything that is very popular (like bitcoin) will always have that impact.
but it must also be remembered that the habit of bitcoin is to always repeat what has happened and like the halving period, there will also be repetitions where at that time bitcoin is indicated to increase sharply and will form a renewable ATH.

asrinur

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It's important to note that predicting the future price movements of BTC is highly complex and subject to many factors, including market sentiment, global economic conditions, regulatory changes, and more. Therefore, any statements about the status of BTC bulls should be taken as a general indication of sentiment and not a guarantee of future price movements.

AnonBitCoiner

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I think that market in 2023 will not completely down and according to analysis there will slight dump and slight pump conditions. As we all faced the situations in previous two month there were pump at the start of the year and at the middle of January it persists for longer time but then market in February it was somewhat dip in cost but now its optimum not too much low nor too much high.

About this year one cannot say that it will be higher or lower because this condition cannot be known because pump and dump do not persist longer.
The start of recent year was very beneficial for all those who make investment in previous year and now it is predicted that remaining months will be somewhat hard to make actual benefits as market is going to be more fluctuated.

Baofeng

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Quote from: bounceback on February 18, 2023, 04:23:13 AM

Quote from: Wong Gendheng on February 17, 2023, 11:11:38 PM

Early February, of course many worried because prices will continue to decline, even a few days ago the price fell again to the level of $ 21K, but this week the rising price was more than 13% and made us sure if the bulls back again, today the price is approaching $ 25k And if you can touch $ 25K, the price will continue to rise.

Since january till now the bitcoin price has increased gradually and in that month we have seen bitcoin able to reach a price of $23k which was the highest price during its hike in january after bitcoin dropped to a low of $15k at the end of 2022 which is the lowest price for bitcoin, currently bitcoin is experiencing a positive uptrend and has made bitcoin able to reach $ 25k two days ago but unfortunately bitcoin was only able to last briefly in that area and was corrected again but if the current correction ends soon we will see the price of bitcoin rise again past the level $25k.

Just in January alone, we have a huge jump of 43% and higher, so I'm not sure if that is gradual per definition. And this is one of the best month since 2013. And entering the 3rd week of February, not a great leap but still we are above $24k and have hit $25k before faltering and making a correction and then jumping back again. So yeah, $25k is the biggest barrier, but I do see that we are going to get and break that big mental barrier this February. The bullish momentum will continue from here and maybe in the next coming quarters. And with that speculation, I can say that the bitcoin bulls are back in our ecosystem and going to push the price even further.

bounceback

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Quote from: Wong Gendheng on February 17, 2023, 11:11:38 PM

Early February, of course many worried because prices will continue to decline, even a few days ago the price fell again to the level of $ 21K, but this week the rising price was more than 13% and made us sure if the bulls back again, today the price is approaching $ 25k And if you can touch $ 25K, the price will continue to rise.

Since january till now the bitcoin price has increased gradually and in that month we have seen bitcoin able to reach a price of $23k which was the highest price during its hike in january after bitcoin dropped to a low of $15k at the end of 2022 which is the lowest price for bitcoin, currently bitcoin is experiencing a positive uptrend and has made bitcoin able to reach $ 25k two days ago but unfortunately bitcoin was only able to last briefly in that area and was corrected again but if the current correction ends soon we will see the price of bitcoin rise again past the level $25k.

pooya87

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Once again price is heading toward $25k+ with a good momentum but so far we haven't seen it truly broken since there are sales taking place at that price preventing the momentum from gathering enough force in an attempt that looks more like market manipulation than healthy trades taking place.
If we could see this resistance broken, we could continue seeing much bigger price since there will be a jump after that and the next target which is $30k will be reached in a very short time.

Wong Gendheng

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Early February, of course many worried because prices will continue to decline, even a few days ago the price fell again to the level of $ 21K, but this week the rising price was more than 13% and made us sure if the bulls back again, today the price is approaching $ 25k And if you can touch $ 25K, the price will continue to rise.

justdimin

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Quote from: Oilacris on February 16, 2023, 05:46:01 PM

Some do adjust and some who arent on which its up to theirs on whatever decisions that they would be making specially into their trading styles and methods.Mistakes and errors is inevitable and its not

that surprising considering that we are dealing on a market which doesnt precisely follow neither TA or FA.This is why you should really be that versatile and really be that prepared for whatever things that might be encountered ahead.

Bulls back? This is what i had believed on the time the price had touched up 25200+ but we are all wrong.Selling pressure or simply the bears cant really just let it happen.
Now we are back on 24k and might possibly going even lower.

Mistakes are basically lessons that we paid for. If you haven't lost any money on bitcoin market, then you haven't truly invested into it yet. There are so many people who are veterans of crypto trading and all of them have one thing in common; losing money from trading.

Because in order to be a veteran, you need to make many trades, and if you do many trades, you will eventually lose in some of them, no human on earth ever traded a thousand times and be right a thousand times, all of them lose money in some of those trades. But that is a good news, if you haven't lost all of your money, that was a lesson you could learn from and be a better trader.

Oilacris

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Quote from: South Park on February 16, 2023, 05:12:31 PM

Quote from: RealMalatesta on February 16, 2023, 03:26:29 PM

Quote from: ethereumhunter on February 16, 2023, 12:06:38 AM

Today, the bitcoin price has finally broken through the $24k level and is close to reaching $25k. This is sure to make people who take bitcoin for granted regret not having bought bitcoin at yesterday's low price. Hopefully, this price will still increase so much that they will feel more regret for missing a good moment to buy bitcoin.

With the current pump, they should be able to open their eyes to trying to become strong hands in holding bitcoin. They must learn from this experience because they see it in front of them. Even my friends who were left behind buying at $22k and $23k expressed their disappointment at missing out on that great moment.

People who are still taking bitcoin for granted are people who never learn their lessons. I mean it has gone down before and it managed to go back up, and did it many many times in a row, which means that if you are actually involved in bitcoin world, then you should probably know that bitcoin is something that will go up in the long run anyway and should get in when you see it cheap.

People who see it go down and sell their coins instead of buying more should learn their lessons by now, because if the price is going down that means you should buy and hold it until it goes up, and it will go up, it always does. This is why I highly doubt it would be any different this time around.

It is true they should know better but once a pattern is set up in the mind of a trader is very difficult to change it, even if evidence is shown that what they are doing is not working and it will never work very few people can look at their past actions objectively, admit their mistakes and then change their ways, so besides an occasional reminder of the mistakes they are making there is not much we can do to help those which are unwilling to change their ways.

Some do adjust and some who arent on which its up to theirs on whatever decisions that they would be making specially into their trading styles and methods.Mistakes and errors is inevitable and its not

that surprising considering that we are dealing on a market which doesnt precisely follow neither TA or FA.This is why you should really be that versatile and really be that prepared for whatever things that might be encountered ahead.

Bulls back? This is what i had believed on the time the price had touched up 25200+ but we are all wrong.Selling pressure or simply the bears cant really just let it happen.
Now we are back on 24k and might possibly going even lower.

South Park

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Quote from: RealMalatesta on February 16, 2023, 03:26:29 PM

Quote from: ethereumhunter on February 16, 2023, 12:06:38 AM

Today, the bitcoin price has finally broken through the $24k level and is close to reaching $25k. This is sure to make people who take bitcoin for granted regret not having bought bitcoin at yesterday's low price. Hopefully, this price will still increase so much that they will feel more regret for missing a good moment to buy bitcoin.

With the current pump, they should be able to open their eyes to trying to become strong hands in holding bitcoin. They must learn from this experience because they see it in front of them. Even my friends who were left behind buying at $22k and $23k expressed their disappointment at missing out on that great moment.

People who are still taking bitcoin for granted are people who never learn their lessons. I mean it has gone down before and it managed to go back up, and did it many many times in a row, which means that if you are actually involved in bitcoin world, then you should probably know that bitcoin is something that will go up in the long run anyway and should get in when you see it cheap.

People who see it go down and sell their coins instead of buying more should learn their lessons by now, because if the price is going down that means you should buy and hold it until it goes up, and it will go up, it always does. This is why I highly doubt it would be any different this time around.

It is true they should know better but once a pattern is set up in the mind of a trader is very difficult to change it, even if evidence is shown that what they are doing is not working and it will never work very few people can look at their past actions objectively, admit their mistakes and then change their ways, so besides an occasional reminder of the mistakes they are making there is not much we can do to help those which are unwilling to change their ways.

RealMalatesta

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Quote from: ethereumhunter on February 16, 2023, 12:06:38 AM

Today, the bitcoin price has finally broken through the $24k level and is close to reaching $25k. This is sure to make people who take bitcoin for granted regret not having bought bitcoin at yesterday's low price. Hopefully, this price will still increase so much that they will feel more regret for missing a good moment to buy bitcoin.

With the current pump, they should be able to open their eyes to trying to become strong hands in holding bitcoin. They must learn from this experience because they see it in front of them. Even my friends who were left behind buying at $22k and $23k expressed their disappointment at missing out on that great moment.

People who are still taking bitcoin for granted are people who never learn their lessons. I mean it has gone down before and it managed to go back up, and did it many many times in a row, which means that if you are actually involved in bitcoin world, then you should probably know that bitcoin is something that will go up in the long run anyway and should get in when you see it cheap.

People who see it go down and sell their coins instead of buying more should learn their lessons by now, because if the price is going down that means you should buy and hold it until it goes up, and it will go up, it always does. This is why I highly doubt it would be any different this time around.

fzkto

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Quote from: Davian144 on February 16, 2023, 04:22:40 AM

Quote from: fzkto on February 16, 2023, 04:07:41 AM

Confidence that this is really growth and not a bull trap can do serious damage to your friends' deposits. So far it is not clear why bitcoin is rising when the US has recently released negative inflation data. I don't dispute that it could be a reversal and a real rise, but while bitcoin is still in the resistance zone, I wouldn't be so sure.

I still believe that the increase that has occurred so far is not a trap, because the increase that is present is evident from the buyers who are still very dominant in the market that makes the price of Bitcoin increase after the small correction is over. Inflation may still be an influence, but the impact for Bitcoin this year is unlikely to be that big so I wouldn't consider the price increase in Bitcoin to be a trap.

I don't think this rally was a trap either because the price is up more than 50%, but I think a bad scenario cannot be ruled out. The price is now consolidating in the resistance area. If 25k can be broken through and consolidate higher, then we can definitely talk about an uptrend continuation. You correctly noted that the volumes of buying increased. It can be considered as a positive momentum as well.

Topic: BTC bulls back? - page 4. (Read 1406 times)