BTC has crossed $43k what's next? - page 4.

buwaytress

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Quote from: LogitechMouse on January 13, 2022, 06:56:05 AM

Right now its hard to know where will Bitcoin is heading with. We've seen it going as low as $40,000 but we've seen that it bounced back immediately showing that many are accumulating at that price. I think we might see Bitcoin going sideways for quite a while (maybe a week or 2) around $40,000-50,000 before we see which direction it will go. Will the bulls prevail or the bear will take over the market

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What's next for Bitcoin after reaching $43,000? I don't know but seeing good upward movement after the decline from its recent ATH would be good though I'm not expecting too much from it

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It's been difficult to know for a long time since December at least. This isn't such a sharp bounce either, almost too weak and gradual for me to really think we're out of the frying pan just yet, and certainly not enough to say we're not headed into the fire.

Volumes still meandering, global economic outlook and inflation still not shocking enough (so external pressure is not shifting).

Think it's literally a wait to see if bull or bear tires of this.

LogitechMouse

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Quote from: kentrolla on January 12, 2022, 04:05:13 PM

BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time? IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?

A small increase doesn't immediately mean that we will go towards the $50,000 already.
Right now its hard to know where will Bitcoin is heading with. We've seen it going as low as $40,000 but we've seen that it bounced back immediately showing that many are accumulating at that price. I think we might see Bitcoin going sideways for quite a while (maybe a week or 2) around $40,000-50,000 before we see which direction it will go. Will the bulls prevail or the bear will take over the market

.

What's next for Bitcoin after reaching $43,000? I don't know but seeing good upward movement after the decline from its recent ATH would be good though I'm not expecting too much from it

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Poker Player

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Quote from: Jawhead999 on January 12, 2022, 11:02:11 PM

How it's really matter when Bitcoin price increase from $40K to $43K only? Actually that's normal due to volatility. Reaching $43K is too soon to predict what's next about Bitcoin, $50K is the strong resistance IMO so I don't expect anything now. It will be good sign when Bitcoin already crossed to $60K obviously it's the time Bitcoin will be bullish and might reaching new ATH.

The fact is that to date we know nothing. Last year we had predictive models, such as S2F and others, that gave a minimum of $100K price for 2021. Those failed, and although we like to speculate, that is, try to guess what the price will do, no one has any idea what will happen. I believe that we are in a less abrupt cycle than previous ones and that at some point we will pass $100K but we will not have 80/90% declines, although who knows, with Bitcoin anything can happen.

franky1

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whilst holding coin.. never look at ATH. they never last long.
instead only look at the supported lows.
look at the increments of the new periodic lows as a guide to valuing your coin.

anything above these lows is "bonus"

EG i bought coin at $6 in 2012.. yet:
i dont view it now as "being worth upto $69k recently"
i do view it now as "valued at atleast $29k recently"

shift your mindset to the lows and you will start to appreciate VALUE. and start to measure investments based on IF the PRICE is near VALUE or at a premium(ATH)

Dave1

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Quote from: Jawhead999 on January 12, 2022, 11:02:11 PM

How it's really matter when Bitcoin price increase from $40K to $43K only? Actually that's normal due to volatility. Reaching $43K is too soon to predict what's next about Bitcoin, $50K is the strong resistance IMO so I don't expect anything now. It will be good sign when Bitcoin already crossed to $60K obviously it's the time Bitcoin will be bullish and might reaching new ATH.

Yes, for sure we all remember that just last month, we have attempted several time to go over $50K and failed. And it was only with the Christmas pump that we go over at $52K but it was obvious short lived as it is an artificial pump.

So the critical price is still $50K levels, this is where we are going to make or break. If we reach this price and held and sustain the run then maybe we are back to the bullish trend, otherwise, we might a boring sideways pattern for a while.

traderethereum

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It is too soon to say it will pump further as the price needs to settle for a while at the current price.
Maybe we will see another correction before the pump coming but hopefully, it will not go down for deeper.
Of course, we want to see the price getting pumped towards $50k and even more but we need to realize that it will not be easy to pump the price to $50k.
You need to still hold your bitcoin if you want to sell at $50k and maybe accumulate more if the price getting another correction later.

Jawhead999

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How it's really matter when Bitcoin price increase from $40K to $43K only? Actually that's normal due to volatility. Reaching $43K is too soon to predict what's next about Bitcoin, $50K is the strong resistance IMO so I don't expect anything now. It will be good sign when Bitcoin already crossed to $60K obviously it's the time Bitcoin will be bullish and might reaching new ATH.

TravelMug

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Quote from: kentrolla on January 12, 2022, 04:05:13 PM

BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time? IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?

And it is still growing at $43,500, but I'm not sure if it will go to $50k, I'm thinking that this might be a bear trap or something.

Regardless, it just shows how resilient bitcoin is this trying times, I mean majority think (including me), that the price is going to ~$40k level but here we are right now, $43k and might go to the next mental barrier of $45k. So let's see how it goes, getting to $50k might be to big a task though in my opinion.

pushups44

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Quote from: kentrolla on January 12, 2022, 04:05:13 PM

BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time? IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?

I think we will be moving sideways this year, in a band between maybe $30,000 and $60,000. I just don't see a raging bull market with rising interest rates, but I could be wrong. Now, once the Fed shifts policy and starts easing again, I think there will be fireworks. Another potential catalyst is the approval of a physically backed bitcoin ETF in the U.S. If this happens, we could easily see new all-time highs.

franky1

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Quote from: isaac_clarke22 on January 12, 2022, 09:58:50 PM

Quote from: kentrolla on January 12, 2022, 04:05:13 PM

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Meh, it is just like a retake of where it was used to touch. It's nothing to be celebrated just yet nor be sad about the slow increases. Just hodl as always. While in my work, I look a little bit in the charts and just go back to my usual stuffs.
I wouldn't want to term increases as "pump" as I remember those shitcoins being a pump and dump schemes.

shitcoins have a "pump-dump" trajectory of long term \ descending 'bottom' and top, (dumps worse than previous low)

bitcoins long term trajectory is /. its more of a "pump-correct-test new higher bottom" or "pump high, raise bottom"

isaac_clarke22

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Quote from: kentrolla on January 12, 2022, 04:05:13 PM

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Meh, it is just like a retake of where it was used to touch. It's nothing to be celebrated just yet nor be sad about the slow increases. Just hodl as always. While in my work, I look a little bit in the charts and just go back to my usual stuffs.
I wouldn't want to term increases as "pump" as I remember those shitcoins being a pump and dump schemes.

franky1

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Quote from: kentrolla on January 12, 2022, 04:05:13 PM

IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?

recovering from a correction.. um, the correction is the recovery from a over hyped premium overprice spike.

what you will now see is if the new 'bottom' for the last X months tests at over $40k. thats the new Low. (compared to previous test X months ago down at $29k) and gains more support and thus the underlying value(the low) gently increases bit by bit. while then having the speculative emotional trade volatility above this which could test new ATH speculative price

Kelvinid

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Quote from: kentrolla on January 12, 2022, 04:05:13 PM

BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time? IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?

It is always been a tricked which trend we go in the coming days but as we observed, once the dip is over, recovery comes next, and I guess we are heading to the uptrend motion. We have to low $40k, started to move up slowly and reaching back again to $43k, that a road to $45k. Were expect such a trend as it was happened before, kinda be a normal scenario to see in the market.

Well, we are still red in the chart, I'll be looking forward to seeing it in green someday and that be the sign for market improvement. Holders have saved the market and held the price not to dump below $40k.

GreatArkansas

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Quote from: kentrolla on January 12, 2022, 04:05:13 PM

BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time?
(....)

That was indeed a perfect bounce for me, as the $40,000 was acting strong support here plus it can be considered as psychological support.
Let's just hope that we will not dump until the weekly close candle so it could not be considered as fake bounce, lol.
Overall, with that huge percentage of bounce, I don't consider it a trap.

adzino

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Quote from: kentrolla on January 12, 2022, 04:05:13 PM

BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time? IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?

My take on this? If you can afford to invest, then keep on investing. Don't wait for $40k or $50k. Don't wait for the dips or anything. Just invest and keep holding as long as you can. In the long run, the price will increase and give you some good profit. If you keep on waiting for the price to dip, the dip level you are looking for might never happen and you might miss all the opportunity. Think of those people that were waiting for the price to fall down to $20k when the price was $30k. It never happened. Keep holding, but if you think you have to take some profit, then sell and reinvest again when you are ready.

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As everybody said, everyone may have their own prediction. In this case, we also think about some expectations that we may always hold in our hands.
There may be some probability that the next jump will be to $45k. And this may be a chance to get a higher price again. But the price may also be corrected again to be down at $40k. We really can't see how exactly will happen. Some people may also predict that to reach higher ATH again, the price must meet the next bottom support maybe at $30k.
Fyuh, if we are thinking about any kinds of predictions, we may be dizzy enough. Just enjoy what is going on right now, by taking profits even small. Or we are holding only the coins until we can reach and meet our goal.
Once more, no one exactly can know the next step of Bitcoin

Lanatsa

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Quote from: StarKay on January 12, 2022, 06:42:46 PM

Quote from: kentrolla on January 12, 2022, 04:05:13 PM

BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time? IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?

When you hold bitcoin, you have no reason to be worried about its price because one thing is almost certain BTC will always appreciate over time. $50k BTC price is not a new achievement and BTC will most likely set a new all time high this year.
A green signal for BTC doesn't signify that all crypto market will be green because some other projects will not recover from the previous dip.

Not all is holding bitcoin and some of them buy on cheap and sell on rise which is a very common concept or system of trading.We did hit 43k now and it isn't bad to secure out your profits

if you had able to buy when it did dip but not all had the chance or the opportunity to buy because they do presume that it would drop to 30k which it didn't really happen but instead it did

really make out some recovery but lets see if this is some sort of fake increase and there might be some decline later on.

StarKay

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Quote from: kentrolla on January 12, 2022, 04:05:13 PM

BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time? IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?

When you hold bitcoin, you have no reason to be worried about its price because one thing is almost certain BTC will always appreciate over time. $50k BTC price is not a new achievement and BTC will most likely set a new all time high this year.
A green signal for BTC doesn't signify that all crypto market will be green because some other projects will not recover from the previous dip.

NicNacCoin

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Bitcoin is currently hovering around 43k. But I think Bitcoin will go up now. The way it started to grow could raise 50k.The way Bitcoin started to decline we were very scared that Bitcoin could come in at 30k. However, Bitcoin has started to rise again. Seeing the dumping of bitcoin market, many people thought that bitcoin could come in between 20 to 30 thousand.

Ryker1

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Quote from: kentrolla on January 12, 2022, 04:05:13 PM

BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time? IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?

Well first --this should be on the speculation board.
I am being positive with the bitcoin and I know it will not drop further by $40k and I am right, bitcoin now showing resistance after the short correction and it was followed by the altcoins price. My opinion is, bitcoin has strong support, it will not quickly go down and there is no repeat itself as they think that bitcoin price will repeat 2017 movement, that there will be a massive drop after a new ATH will come but in fact, that is not. It is indeed unpredictable or no one can predict the market price.

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