BTC over 50k? - page 2. | Bitcointalksearch.org

elisabetheva

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Quote from: bots1 on March 05, 2022, 03:41:32 PM

Although the bitcoin price is currently moving uptrend, it is still difficult for the bitcoin price to reach the $50k price in March because bitcoin is still experiencing a decline in the volume of buyers. Even if you look at the price movements in the market, there is also seller power that is holding bitcoins back from going up in the $40K area. Therefore, I think it's more likely that the bitcoin price will drop back into the $36K area rather than continue its gains in the next few weeks.

if we look at the graph for these two months, it can be seen that bitcoin always moves up and down alternately and consistently;

maybe this trend will continue to move consistently in the future, and will be in the range of $33K+ and $47K+.

so I agree with the buddy above that it will be difficult for this march bitcoin will reach $50K, and have to be patient again and hope that there will be good news that can lift confidence in bitcoin and I predict that big holders like institutions will play a big role in making achievement can be fulfilled.

StreakW

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Quote from: Reatim on February 26, 2022, 06:25:10 AM

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I think it's difficult for bitcoin to reach $50k in March because until now the bitcoin price is still stuck at the $39k price level. But we will not know how the market will move whether it can continue the correction or will go bullish.

we are only small margin to reach this recently because we climbed up to 45k , and the next target is 50k after this Russia and Ukraine war take effect.

I think this is what hindering the market and until now this makes the prices in limit movement .

I think the factor that hinders bitcoin's price movement from rising significantly is not the war between Russia and Ukraine but the existence of a number of regulations in various countries. Even some experts predict the bitcoin price will be in the $38k-$44k price range in Q1 this year. So let's wait and see how the market moves in the next few weeks.

jostorres

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Quote from: palle11 on March 05, 2022, 10:40:57 AM

You don't be surprised that the volatility will return to bitcoin soon at least last week was seeing some recovery of bitcoin only yesterday a little draw back with price. The invasion of Ukraine is getting people to run into bitcoin hodling and this is capable to shift price faster than we think. The first quarter is about to end with price hanging around $43k, this can be a good start.

Volatility will of course happen and ballooned up prices do make sense to a way as well. I mean think about it, the price skyrocketed like crazy the moment sanctions became big, like when SWIFT was talked about, people started to see that as a danger in Russia and they all went to bitcoin. Which means that we saw a lot of purchases all at once and that increased the price. However, that was it, they bought it and that's it, it is not a thing that continues forever.

First of all they may keep on buying but the volume couldn't be like the first days, that's a rush and they all rushed to bitcoin all at once and all together.

Secondly they could keep buying it but also there could be some rich who would cash out in another nation, a nation that doesn't have sanctions and good with bitcoin as well. That way the price of bitcoin would fall and oligarchs would still have fiat, just not ruble.

bots1

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Although the bitcoin price is currently moving uptrend, it is still difficult for the bitcoin price to reach the $50k price in March because bitcoin is still experiencing a decline in the volume of buyers. Even if you look at the price movements in the market, there is also seller power that is holding bitcoins back from going up in the $40K area. Therefore, I think it's more likely that the bitcoin price will drop back into the $36K area rather than continue its gains in the next few weeks.

retreat

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Quote from: sushil on February 15, 2022, 02:33:55 PM

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Nonetheless, experts may seem to predict the current situation and that bitcoin will likely experience a steep drop in the upcoming months.
But is it really possible for bitcoin to achieve $50k by march? Given that the market is currently declining.
What are your thoughts on this?

Looking at the news circulating right now I'm not so sure Bitcoin will hit $50k before this March ends. I predict bitcoin will touch $50k and will pass it in Q3 2022, more precisely around August or September.

Imranbutt44

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The current state of Bitcoin suggests that it will reach 50K in a day or two. Because Bitcoin suddenly dropped from 45K to 35K in one day and after 3-4 days it has returned to its previous position. So I think it will not stay in the same place for long even if it goes to 50K. If it is not more than before, it will be much less. Trading now is very risky for everyone. Because Bitcoin can dump again and again. And if they do not make a profit by buying at a high price, then it is a loss to the traders.

It looked like bitcoin will reach 50K but there is strong resistance at 45K. Bitcoin rejected this 45,000$ level twice and now it is even below 40K.

Do you think that we are slowing moving towards the bear market as bitcoin price is unable to stay above the important levels?

palle11

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Quote from: ultrloa on March 05, 2022, 09:53:25 AM

Quote from: Yaunfitda on March 05, 2022, 08:25:24 AM

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The current state of Bitcoin suggests that it will reach 50K in a day or two. Because Bitcoin suddenly dropped from 45K to 35K in one day and after 3-4 days it has returned to its previous position. So I think it will not stay in the same place for long even if it goes to 50K. If it is not more than before, it will be much less. Trading now is very risky for everyone. Because Bitcoin can dump again and again. And if they do not make a profit by buying at a high price, then it is a loss to the traders.

Nah, not even close, in the last 24 hours, the price goes down below $40k. So we are not again at this level prior to the massive spike. So it's a dump but hopefully when things clear again we will bounce back. But i don't see it going to $50k. There's to much resistance at that, and with the war still a big factor, we may have to wait.

The Russian conflict what makes people doubt about the possible happenings with bitcoin and crypto then maybe we cannot see any good insights if this war will not end since some of the people make this a basis to see if there's something good will happen with bitcoins. Many are still thinking about bearish so I also doubt that we can see the $50k figure which is speculated to be break before.

You don't be surprised that the volatility will return to bitcoin soon at least last week was seeing some recovery of bitcoin only yesterday a little draw back with price. The invasion of Ukraine is getting people to run into bitcoin hodling and this is capable to shift price faster than we think. The first quarter is about to end with price hanging around $43k, this can be a good start.

ultrloa

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Quote from: Yaunfitda on March 05, 2022, 08:25:24 AM

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The current state of Bitcoin suggests that it will reach 50K in a day or two. Because Bitcoin suddenly dropped from 45K to 35K in one day and after 3-4 days it has returned to its previous position. So I think it will not stay in the same place for long even if it goes to 50K. If it is not more than before, it will be much less. Trading now is very risky for everyone. Because Bitcoin can dump again and again. And if they do not make a profit by buying at a high price, then it is a loss to the traders.

Nah, not even close, in the last 24 hours, the price goes down below $40k. So we are not again at this level prior to the massive spike. So it's a dump but hopefully when things clear again we will bounce back. But i don't see it going to $50k. There's to much resistance at that, and with the war still a big factor, we may have to wait.

The Russian conflict what makes people doubt about the possible happenings with bitcoin and crypto then maybe we cannot see any good insights if this war will not end since some of the people make this a basis to see if there's something good will happen with bitcoins. Many are still thinking about bearish so I also doubt that we can see the $50k figure which is speculated to be break before.

Yaunfitda

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Quote from: ?? on ??

The current state of Bitcoin suggests that it will reach 50K in a day or two. Because Bitcoin suddenly dropped from 45K to 35K in one day and after 3-4 days it has returned to its previous position. So I think it will not stay in the same place for long even if it goes to 50K. If it is not more than before, it will be much less. Trading now is very risky for everyone. Because Bitcoin can dump again and again. And if they do not make a profit by buying at a high price, then it is a loss to the traders.

Nah, not even close, in the last 24 hours, the price goes down below $40k. So we are not again at this level prior to the massive spike. So it's a dump but hopefully when things clear again we will bounce back. But i don't see it going to $50k. There's to much resistance at that, and with the war still a big factor, we may have to wait.

Captain Corporate

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Quote from: Falconer on March 01, 2022, 01:51:26 PM

You can check the data for the ownership of 1k+ holders. Thats the biggest proof that there are many russians who are buying. Or you could check the volume of russian exchanges, which more than doubled in a single day. All of these are valid data that you could use, nothing that can't be found by a regular person. It is not really that much of a big deal, but at the end of the day as soon as sanctions started harshly, the bitcoin price went up, and wallets with a lot of bitcoins went up as well. When you combine these facts, it is obvious that we are talking about russians causing the price to go up.

Falconer

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Quote from: DU18 on March 01, 2022, 11:12:43 AM

It seems that the impact of the american sanctions has greatly affected the russian currency, so that people are starting to shift their savings in the form of bitcoin, I recently heard that russian citizens started withdrawing their money from banks due to the ruble exchange rate began to fall in the market and this caused panic for many Russian citizens to buy bitcoins in ruble pairs in anticipation of the estimated value of their money.

I really want to know where you can find an accurate reference on this matter?

Always remember that there is manipulation in every bitcoin price volatility whether it results in a dump or a pump. I don't think just because some Russian panic and withdrawing their money from the bank can increase the price of bitcoin by 15% at a time because actually it can only be done if the demand for bitcoin increases by a large amount. Likewise when the price cerrection of bitcoin a few days ago, there is always manipulation around it so you (trader or investor) should be careful with it. You're lucky if you buy low and sell high, but luck isn't always on everyone's side.

FanEagle

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Quote from: yohananaomi on March 01, 2022, 07:06:33 AM

entering early March seen that bitcoin began to squirm and began to lead to increase just overnight could make a fairly sharp increase and is now in the range of $43,450 a slight decline from the morning. is this a good sign? still can't conclude because the situation can't be predicted well, but at least there is a bright hope that will try to improve.

whether bitcoin will be able to reach $50K? it can be yes and it can also be no, the most important thing is that at this time good news is needed to be able to lift bitcoin. the hope is not to rush to achieve it but being able to stay in the range not dropping below $40K is certainly an achievement in itself, so the ability to achieve it will be easy to do.

I doubt that a sharp decrease would happen anytime soon. The rally started thanks to insane amount of wallets suddenly getting a lot of bitcoins. The amount of people with over a thousand bitcoins increase overnight. That is probably the Russian oligarchs that bought bitcoin in the past few days, which increased the price of bitcoin a ton.

When there are wealthy people spending billions together just to get their money out of troubled Ruble, you know that it is not a quick thing. They could end up selling eventually and it is a long term problem for few people to have that much. However, I do not expect a crash to happen anytime soon at all.

DU18

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Quote from: 24Kt on February 26, 2022, 07:56:22 PM

Quote from: Luqman on February 26, 2022, 07:52:47 PM

Quote from: timerland on February 26, 2022, 06:31:30 PM

I personally don't think that this is much of a possibility.
There is too much geopolitical conflict occurring for prices to stabilize and climb substantially over the coming months. The bitcoin halving cycle is also coming to an end, which signals that perhaps we have already seen the top of this bull run.

The opportunity of Bitcoin price over 50k may be rather small, but I think it isn't impossible, bro. You are right, in theory, it is likely impossible to see Bitcoin price jump again above $50k since the situation in the world looks scary. Many people seem to sell their Bitcoin to buy their main needs, so the demands to buy Bitcoin will be dropped much. But if we checked the price of Bitcoin right now, it survived around $38k - $40k. Which means still have a hope to see the Bitcoin price to rise up again above $40k.

My opinion, on the other hand, is the opposite here. The current situation in Russia vs Ukraine war seems to be helping the btc market as it says that the local crypto exchange in Ukraine suddenly jumps its volume. If this war will go on, more than likely, people on both sides will take a look at crypto to secure some of their assets. Because this is one way to secure their funds out of government's eyes. So for me, $50k is very possible to happen in the next coming days or months. $50k anyway is not very hard to achieve.

It seems that the impact of the american sanctions has greatly affected the russian currency, so that people are starting to shift their savings in the form of bitcoin, I recently heard that russian citizens started withdrawing their money from banks due to the ruble exchange rate began to fall in the market and this caused panic for many Russian citizens to buy bitcoins in ruble pairs in anticipation of the estimated value of their money.

lixer

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Quote from: yohananaomi on March 01, 2022, 07:06:33 AM

entering early March seen that bitcoin began to squirm and began to lead to increase just overnight could make a fairly sharp increase and is now in the range of $43,450 a slight decline from the morning. is this a good sign? still can't conclude because the situation can't be predicted well, but at least there is a bright hope that will try to improve.

whether bitcoin will be able to reach $50K? it can be yes and it can also be no, the most important thing is that at this time good news is needed to be able to lift bitcoin. the hope is not to rush to achieve it but being able to stay in the range not dropping below $40K is certainly an achievement in itself, so the ability to achieve it will be easy to do.

The opening of the new month seem to have a nice welcome for btc eh? Because, the price then became green and we are finally at 43k something. The significant increase in value is a good sign for me, something tells me that this can continue till we finally recover the last price high price that takes place last year.

If you feel negative despite of the positive price, its okay mate but I can assure to you that btc future is going to be bright. We can soon get to a point where no one will doubt the increase because it will remain there for a long time but for now, btc to 50k is possible as we are already at 40k, it's not too long to achieve you know.

yohananaomi

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Quote from: sushil on February 15, 2022, 02:33:55 PM

http://festyy.com/eaI4ss

Nonetheless, experts may seem to predict the current situation and that bitcoin will likely experience a steep drop in the upcoming months.
But is it really possible for bitcoin to achieve $50k by march? Given that the market is currently declining.
What are your thoughts on this?

entering early March seen that bitcoin began to squirm and began to lead to increase just overnight could make a fairly sharp increase and is now in the range of $43,450 a slight decline from the morning. is this a good sign? still can't conclude because the situation can't be predicted well, but at least there is a bright hope that will try to improve.

whether bitcoin will be able to reach $50K? it can be yes and it can also be no, the most important thing is that at this time good news is needed to be able to lift bitcoin. the hope is not to rush to achieve it but being able to stay in the range not dropping below $40K is certainly an achievement in itself, so the ability to achieve it will be easy to do.

darewaller

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Quote from: sushil on February 15, 2022, 02:33:55 PM

But is it really possible for bitcoin to achieve $50k by march?

No one really knows the Bitcoin price in the upcoming March, nor experts and experienced players in crypto investment. Everyone only predicts the possibility of Bitcoin price in the next few weeks or months based on their own knowledge. So, the accuracy will purely depend on how good the knowledge of the person who predicts the price is. But no guarantee whether the prediction will be true or accurate, the prediction can be wrong because of many factors, including the sudden news or issues spreading in crypto industry. But anyway, I myself can say that $50k isn't impossible to achieve.

It is not even just about the upcoming March, nobody ever knows the future of the bitcoin price beforehand. You could either say "up" or "down" and that’s it, there is a 50% chance you will be right. Doesn't mean that just because you got it right, you are a great trader. You could be right this time around and be wrong next one, or the one after that.

The only thing we hope is that we would be more right than wrong. We do not have to be right at all times, we just need to be right more often than we are wrong, and with more money. So in that case, we would be profiting. If I put up 10k dollars, make 10 more profit, and lose 5k, that means I started with 10k and ended with 15k, even after a loss. If you could do that, then you are fine.

TravelMug

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Quote from: timerland on February 26, 2022, 06:31:30 PM

I personally don't think that this is much of a possibility.

There is too much geopolitical conflict occurring for prices to stabilize and climb substantially over the coming months. The bitcoin halving cycle is also coming to an end, which signals that perhaps we have already seen the top of this bull run.

I would probably stay put and keep DCAing for now, with no expectation of short term gains anywhere close to last year.

Yeah, and we know that this geopolitical conflict is going to hurt any market right now not just crypto. So for know it's hard to see the price going to $50k, I would say the biggest test will be to reach $40k within the Russian vs Ukraine war.

And then we will see it from there, we've seen the some bullishness in the last 48 hours, but we still not to be confident of that kind of massive recovery within a bad news (not FUD).

STT

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I would relate March and Feb 2017 as reference as I can remember finally waking up to an underlying bullish trend in early 2017 and March did see a harsh reset yes but it didnt wipe out what we could see in Feb. It was still not clear at this time except through careful examination of the lowest prices not the highest prices each week. We had rising lows, so to now I would try to remember to keep my emphasis on considering the lows and gloom as the most accurate clue to where we can go from here.

24Kt

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Quote from: Luqman on February 26, 2022, 07:52:47 PM

Quote from: timerland on February 26, 2022, 06:31:30 PM

I personally don't think that this is much of a possibility.
There is too much geopolitical conflict occurring for prices to stabilize and climb substantially over the coming months. The bitcoin halving cycle is also coming to an end, which signals that perhaps we have already seen the top of this bull run.

The opportunity of Bitcoin price over 50k may be rather small, but I think it isn't impossible, bro. You are right, in theory, it is likely impossible to see Bitcoin price jump again above $50k since the situation in the world looks scary. Many people seem to sell their Bitcoin to buy their main needs, so the demands to buy Bitcoin will be dropped much. But if we checked the price of Bitcoin right now, it survived around $38k - $40k. Which means still have a hope to see the Bitcoin price to rise up again above $40k.

My opinion, on the other hand, is the opposite here. The current situation in Russia vs Ukraine war seems to be helping the btc market as it says that the local crypto exchange in Ukraine suddenly jumps its volume. If this war will go on, more than likely, people on both sides will take a look at crypto to secure some of their assets. Because this is one way to secure their funds out of government's eyes. So for me, $50k is very possible to happen in the next coming days or months. $50k anyway is not very hard to achieve.

Luqman

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Quote from: timerland on February 26, 2022, 06:31:30 PM

I personally don't think that this is much of a possibility.
There is too much geopolitical conflict occurring for prices to stabilize and climb substantially over the coming months. The bitcoin halving cycle is also coming to an end, which signals that perhaps we have already seen the top of this bull run.

The opportunity of Bitcoin price over 50k may be rather small, but I think it isn't impossible, bro. You are right, in theory, it is likely impossible to see Bitcoin price jump again above $50k since the situation in the world looks scary. Many people seem to sell their Bitcoin to buy their main needs, so the demands to buy Bitcoin will be dropped much. But if we checked the price of Bitcoin right now, it survived around $38k - $40k. Which means still have a hope to see the Bitcoin price to rise up again above $40k.

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