BTC price hitting 30k twice this year.

Asuspawer09

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Quote from: Lida93 on June 22, 2023, 07:06:33 AM

Bitcoin price is on it again after a few drop in price at around 25-26k, but hitting the price value of 30k again as it did sometime April this year. What I describe as a gleams of the prospective light at the end of the tunnel of the year 2023.

What are your thoughts on this spontaneous rise again in the price of BTC hitting 30k twice just within the first quarter of 2023. Do you you think it's going to plummet again or do better above 40k? Or is just one of a tempting rise to fall again even below the 25k-26k it did for the past weeks after hitting 30-31k around the month of April?
Please share your thoughts about this.

This is a good indication since Bitcoin break the 30k$ market resistance because of the XRP sec issue being resolved, this is a great boost to the market price for sure, I mean the market is still gaining a lot of momentum, and if this continues the market price could easily skyrocket for sure because of the Bitcoin halving even, looking at the Bitcoin halving timeline we could expect for a bull run right after the Bitcoin halving event. There is still a long way for the Bitcoin halving event but where already getting a lot of pumps, honestly the price projection on the bull run can be up to a million dollars since we already see Bitcoin from 2$ to 1000$ I don't really see any problem unless there are some factors that is going to affect the world. Something like a pandemic or war could easily affect the market, but if it that doesnt happened market could easily continue its cycle from the bear market to the bull market around 2024-2025.

I can already see around 40-60k$ at the end of the year and that's already near the all-time high and it's not even Bitcoin halving. So probably all-time high could easily double next bull run.

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Quote from: $crypto$ on July 13, 2023, 05:13:12 AM

Quote from: usekevin on July 12, 2023, 02:54:40 PM

When the price reached same value twice in same year,it mean the price going to go above that value or going to drop.With the market analysis the price of bitcoin going to reach new ATH in the 2024.So I personally think,the price going to move upwards in the upcoming days.So we can expect some bull run in the upcoming months.The movement for now is unpredictable and can be move in the bull run,Since we had faced huge bear market in the first half of this year.

This year is still quite long it could be that in one year the same price ($31K) could touch it several times because the movement of bitcoin up and down of course it is still very possible even though it is still difficult to predict.
I will not say the next ATH in 2024 while the previous history still takes time from the halving to occur, but it will always be different from each cycle but we never know what happens next the forecast will only bullrun at its time.
Maybe it can be said that the bear market has passed and now only sideways long enough after that a slow recovery until it can bullrun again.

I do not think that bitcoin price would stay same for a whole year. It can go up or down, but not going to stay the same price. Tell me, when was the last time you have seen bitcoin stuck between 1k price for over 5 months? We are talking about 30k to 31k range, that's 1k range, and you are considering it would stay there for 5 months straight? That doesn't happen at all.

I would understand if you said it would go down, and I would understand if you said it would go up, but that doesn't mean that it will stay same. I think it will go up, halving is getting closer so the price would probably change and we will see a higher price. People will buy more and more the closer we get to halving and that should be what we expect as well.

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Quote from: Jating on July 14, 2023, 12:11:17 PM

My numbers though might be close to $32k at the end of the month and not going to break it. We need a positive news for bitcoin itself just to break that $32k barrier. But the good thing is that $31k is now our support.

Yes, thanks to Ripple news, the price of almost all crypto has increased overnight. And obviously the big winner is those XRP holders. But as I have said, we need to keep this positive momentum going specially as we are not very bullish months before the halving.

Bitcoin looks excited with price today because almost reached to $32k although can't stable yet and current bitcoin price right now drop to $30,900. Its seems still difficult for Bitcoin reached to $32,000 in second week on July and don't know how potential for Bitcoin will close to $40k in this month. But have good news for cryptocurrency holder exactly for XRP investors, winning against SEC bring positive side XRP success reached up more than 70% today.
I think have good side after XRP winning against SEC and make Bitcoin back to higher price again, right now is good momentum how to make Bitcoin back to higher price and not worry with bad news publishing by SEC in the next time.

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Quote from: ShowOff on July 14, 2023, 10:41:24 AM

Quote from: aylabadia05 on July 14, 2023, 10:18:44 AM

Yesterday's rising Bitcoin price momentum had a positive impact on altcoins such as Ripple/XRP which increased to over 60%. For now, the percentage increase in Ripple's price is still 65% within 24h.

Yesterday's rise in bitcoin price was influenced by XRP's success against the SEC, not the other way around. This momentum was used by investors which in the end made almost all crypto go up high including bitcoin. This is definitely a great advantage for XRP, and of course the impact on the market has been very positive.

I also expect bitcoin price to break the $32k resistance which has been struggling to break so far, but I'm not sure it will be broken today. I believe $32k won't be too hard in the end for bitcoin which is getting more and more in demand, but it's only a matter of time.

My numbers though might be close to $32k at the end of the month and not going to break it. We need a positive news for bitcoin itself just to break that $32k barrier. But the good thing is that $31k is now our support.

Yes, thanks to Ripple news, the price of almost all crypto has increased overnight. And obviously the big winner is those XRP holders. But as I have said, we need to keep this positive momentum going specially as we are not very bullish months before the halving.

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Quote from: aylabadia05 on July 14, 2023, 10:18:44 AM

Quote from: fzkto on July 14, 2023, 09:47:54 AM

There was a very good momentum yesterday, but price pulled back from the resistance zone again. Some coins made a very good rise, but bitcoin failed to break the 32k level. It is hard to say what else has to happen in the market for bitcoin to finally break the resistance, but so far the price is slowly pulling back. Maybe something will happen this weekend.

It is not certain that Bitcoin will fail to reach $32k today as there are still a few hours left before the close.
At the time of writing, Bitcoin is trading at $31,303
Yesterday's rising Bitcoin price momentum had a positive impact on altcoins such as Ripple/XRP which increased to over 60%. For now, the percentage increase in Ripple's price is still 65% within 24h.

Something might happen if the Bitcoin price for the next few days remains at the current price level.

Yes, it is not certain, and it is also not certain that Bitcoin will reach the $32K price range due to some rumors about the possibility of the US government selling 10K BTC which is part of the BTC they collected from the silk road. Another is the Mt Gox disbursement date.
The XRP surge in price was due to the US judge in charge of the US SEC ripple lawsuit yesterday about XRP.

ShowOff

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Quote from: aylabadia05 on July 14, 2023, 10:18:44 AM

Yesterday's rising Bitcoin price momentum had a positive impact on altcoins such as Ripple/XRP which increased to over 60%. For now, the percentage increase in Ripple's price is still 65% within 24h.

Yesterday's rise in bitcoin price was influenced by XRP's success against the SEC, not the other way around. This momentum was used by investors which in the end made almost all crypto go up high including bitcoin. This is definitely a great advantage for XRP, and of course the impact on the market has been very positive.

I also expect bitcoin price to break the $32k resistance which has been struggling to break so far, but I'm not sure it will be broken today. I believe $32k won't be too hard in the end for bitcoin which is getting more and more in demand, but it's only a matter of time.

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Quote from: fzkto on July 14, 2023, 09:47:54 AM

There was a very good momentum yesterday, but price pulled back from the resistance zone again. Some coins made a very good rise, but bitcoin failed to break the 32k level. It is hard to say what else has to happen in the market for bitcoin to finally break the resistance, but so far the price is slowly pulling back. Maybe something will happen this weekend.

It is not certain that Bitcoin will fail to reach $32k today as there are still a few hours left before the close.
At the time of writing, Bitcoin is trading at $31,303
Yesterday's rising Bitcoin price momentum had a positive impact on altcoins such as Ripple/XRP which increased to over 60%. For now, the percentage increase in Ripple's price is still 65% within 24h.

Something might happen if the Bitcoin price for the next few days remains at the current price level.

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Quote from: Davian144 on July 14, 2023, 09:16:20 AM

Quote from: Pejoh Asu on July 13, 2023, 10:31:28 PM

After a long wait for almost a year now the price can reach $ 31500, hopefully this will be a positive sign that the bull run will happen soon, I am optimistic that as long as there are no big cases like LUNA or FTX, investors will continue to buy because they already understand that when a halving day occurs, the price can up to 200% of the previous price.

Today the price of Bitcoin reached $31800 and it almost reached $32000 so I am also optimistic that there will be an increase in price like this, as well as other people who are still buying before the halving day occurs. But at the moment I don't think that the increase will be 200% over the current price because that is almost a $100K increase at the current price. And in my opinion it is too big even though I also have no doubts about the increase in Bitcoin in the halving day era.

There was a very good momentum yesterday, but price pulled back from the resistance zone again. Some coins made a very good rise, but bitcoin failed to break the 32k level. It is hard to say what else has to happen in the market for bitcoin to finally break the resistance, but so far the price is slowly pulling back. Maybe something will happen this weekend.

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Quote from: Davian144 on July 14, 2023, 09:16:20 AM

Quote from: Pejoh Asu on July 13, 2023, 10:31:28 PM

After a long wait for almost a year now the price can reach $ 31500, hopefully this will be a positive sign that the bull run will happen soon, I am optimistic that as long as there are no big cases like LUNA or FTX, investors will continue to buy because they already understand that when a halving day occurs, the price can up to 200% of the previous price.

Today the price of Bitcoin reached $31800 and it almost reached $32000 so I am also optimistic that there will be an increase in price like this, as well as other people who are still buying before the halving day occurs. But at the moment I don't think that the increase will be 200% over the current price because that is almost a $100K increase at the current price. And in my opinion it is too big even though I also have no doubts about the increase in Bitcoin in the halving day era.

The completion of the XRP case seems to have given a bit of a boost to the bitcoin price and it's changed the stigma on cryptocurrencies in my opinion including bitcoin, and today's achievement I hope will last until the next good news momentum that can push up the bitcoin price again.
For example, like the application of bitcoin ETFs received by the SEC as one of the trading commodities on major exchanges, along with ranks of stocks, of course if this happens everyone will look at bitcoin, and maybe we can get 200% in this cycle.
However, if you take into account the halving, I think it is rather difficult, the potential is up to 200%, maybe 50%-100% can still be said to have potential until that increase.

Davian144

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Quote from: Pejoh Asu on July 13, 2023, 10:31:28 PM

After a long wait for almost a year now the price can reach $ 31500, hopefully this will be a positive sign that the bull run will happen soon, I am optimistic that as long as there are no big cases like LUNA or FTX, investors will continue to buy because they already understand that when a halving day occurs, the price can up to 200% of the previous price.

Today the price of Bitcoin reached $31800 and it almost reached $32000 so I am also optimistic that there will be an increase in price like this, as well as other people who are still buying before the halving day occurs. But at the moment I don't think that the increase will be 200% over the current price because that is almost a $100K increase at the current price. And in my opinion it is too big even though I also have no doubts about the increase in Bitcoin in the halving day era.

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Quote from: Synchronice on July 14, 2023, 03:18:14 AM

Quote from: Yaunfitda on July 14, 2023, 02:30:19 AM

Quote from: Poker Player on July 13, 2023, 10:52:32 PM

Quote from: Pejoh Asu on July 13, 2023, 10:31:28 PM

After a long wait for almost a year now the price can reach $ 31500, hopefully this will be a positive sign that the bull run will happen soon, I am optimistic that as long as there are no big cases like LUNA or FTX, investors will continue to buy because they already understand that when a halving day occurs, the price can up to 200% of the previous price.

Let's hope so. We are at 6-month highs, and seeing that the worst of the bear market is over and there is less and less time left for halving, what we would expect would be a sustained rise in price, although with ups and downs, until about $50K I would say, where I think there will be resistance. I think it is difficult for the price to go much higher than that mark before halving.

Yeah, isn't it great to see that despite that we are still in the bear market, the market has improved a lot already. Since the start of the year, we are slowly getting into the groove and now have doubled the bottom price already at $31k and it seems that the market is not going to stop.

So hopefully we can sustain this run and in the next 6 months, we might see the price hitting $50k. And then what makes everyone excited, we will approved halving year already so we will be expecting a massive bull run in 2024-2025.

I think this year belongs to altcoins if the remaining altcoins pass the howey test and won't be seen as securities. I don't think Bitcoin reaches 50K because if we keep in mind its ATH, then it's pretty close to that numbers and simply there is not a need of high price and there won't be as high hype as there was during the previous halving but 40K in the next 6 months is very realistic, it may even go up to 47K and then fall down to 40K, that's my prediction. And I hope America won't come up with new rules and regulations anytime soon in near future.

After the judge declared XRP not a security, is the altcoin market showing signs of bull and altcoin season coming? And bitcoin dominance has dropped dramatically, I hope we have an alternate season now.
I agree with you, $50k for bitcoin is too high, and $35k-$40k will be much more realistic this year. But why are you afraid of regulations from the US? Regulation is inevitable, and we should face it rather than fear it. What I fear is that regulations will limit market volatility, but I hope we will find a way to maintain market volatility.

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Quote from: Yaunfitda on July 14, 2023, 02:30:19 AM

Quote from: Poker Player on July 13, 2023, 10:52:32 PM

Quote from: Pejoh Asu on July 13, 2023, 10:31:28 PM

After a long wait for almost a year now the price can reach $ 31500, hopefully this will be a positive sign that the bull run will happen soon, I am optimistic that as long as there are no big cases like LUNA or FTX, investors will continue to buy because they already understand that when a halving day occurs, the price can up to 200% of the previous price.

Let's hope so. We are at 6-month highs, and seeing that the worst of the bear market is over and there is less and less time left for halving, what we would expect would be a sustained rise in price, although with ups and downs, until about $50K I would say, where I think there will be resistance. I think it is difficult for the price to go much higher than that mark before halving.

Yeah, isn't it great to see that despite that we are still in the bear market, the market has improved a lot already. Since the start of the year, we are slowly getting into the groove and now have doubled the bottom price already at $31k and it seems that the market is not going to stop.

So hopefully we can sustain this run and in the next 6 months, we might see the price hitting $50k. And then what makes everyone excited, we will approved halving year already so we will be expecting a massive bull run in 2024-2025.

I think this year belongs to altcoins if the remaining altcoins pass the howey test and won't be seen as securities. I don't think Bitcoin reaches 50K because if we keep in mind its ATH, then it's pretty close to that numbers and simply there is not a need of high price and there won't be as high hype as there was during the previous halving but 40K in the next 6 months is very realistic, it may even go up to 47K and then fall down to 40K, that's my prediction. And I hope America won't come up with new rules and regulations anytime soon in near future.

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Quote from: Poker Player on July 13, 2023, 10:52:32 PM

Quote from: Pejoh Asu on July 13, 2023, 10:31:28 PM

After a long wait for almost a year now the price can reach $ 31500, hopefully this will be a positive sign that the bull run will happen soon, I am optimistic that as long as there are no big cases like LUNA or FTX, investors will continue to buy because they already understand that when a halving day occurs, the price can up to 200% of the previous price.

Let's hope so. We are at 6-month highs, and seeing that the worst of the bear market is over and there is less and less time left for halving, what we would expect would be a sustained rise in price, although with ups and downs, until about $50K I would say, where I think there will be resistance. I think it is difficult for the price to go much higher than that mark before halving.

Yeah, isn't it great to see that despite that we are still in the bear market, the market has improved a lot already. Since the start of the year, we are slowly getting into the groove and now have doubled the bottom price already at $31k and it seems that the market is not going to stop.

So hopefully we can sustain this run and in the next 6 months, we might see the price hitting $50k. And then what makes everyone excited, we will approved halving year already so we will be expecting a massive bull run in 2024-2025.

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Quote from: Pejoh Asu on July 13, 2023, 10:31:28 PM

After a long wait for almost a year now the price can reach $ 31500, hopefully this will be a positive sign that the bull run will happen soon, I am optimistic that as long as there are no big cases like LUNA or FTX, investors will continue to buy because they already understand that when a halving day occurs, the price can up to 200% of the previous price.

Let's hope so. We are at 6-month highs, and seeing that the worst of the bear market is over and there is less and less time left for halving, what we would expect would be a sustained rise in price, although with ups and downs, until about $50K I would say, where I think there will be resistance. I think it is difficult for the price to go much higher than that mark before halving.

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After a long wait for almost a year now the price can reach $ 31500, hopefully this will be a positive sign that the bull run will happen soon, I am optimistic that as long as there are no big cases like LUNA or FTX, investors will continue to buy because they already understand that when a halving day occurs, the price can up to 200% of the previous price.

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Quote from: superman184 on June 30, 2023, 05:03:31 PM

Expecting $35K in the next month is quite feasible as long as Bitcoin stays at $30K at the end of this month and also at the beginning of next month. Because closing this month at $30K in Bitcoin is something really extraordinary because Bitcoin has also seen struggling to get to the $30K level. So the current price is a pretty positive price and it's more feasible to expect $35K in the next month as a gradual price improvement in Bitcoin.

Bitcoin has touched the price of 30k$ in this months and I think that it will soon go more up and will rise to the price 35k$ and 40k$ this year. Price will also increase because more and more people are buying bitcoin as they have realized that how beneficial it is.

Bitcoin price remain higher for few days and if it continuously show rise in cost then surely there will be Bull run and everyone will get benefit from this bull season. There is a high chance that during this year bitcoin will touch 40k$ but people will not make a concepts of selling their bitcoin at 40k$ as they are in wait to get the benefit of halving next year.

$crypto$

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Quote from: usekevin on July 12, 2023, 02:54:40 PM

Quote from: doomloop on July 12, 2023, 12:50:31 PM

And what about now? It is at $30k and it has been there for quite some time now, it has even touched $31.5k once or twice recently, but it couldn't hold it or break through it but came back down soon after that. Now the price isn't going up nor coming down, those who have been waiting to buy their favorite assets are on hold more right now because they don't know whether the price will go up or come down from this point, so they are just waiting.

When the price reached same value twice in same year,it mean the price going to go above that value or going to drop.With the market analysis the price of bitcoin going to reach new ATH in the 2024.So I personally think,the price going to move upwards in the upcoming days.So we can expect some bull run in the upcoming months.The movement for now is unpredictable and can be move in the bull run,Since we had faced huge bear market in the first half of this year.

This year is still quite long it could be that in one year the same price ($31K) could touch it several times because the movement of bitcoin up and down of course it is still very possible even though it is still difficult to predict.
I will not say the next ATH in 2024 while the previous history still takes time from the halving to occur, but it will always be different from each cycle but we never know what happens next the forecast will only bullrun at its time.
Maybe it can be said that the bear market has passed and now only sideways long enough after that a slow recovery until it can bullrun again.

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Quote from: uswa56 on July 12, 2023, 05:07:52 AM

Quote from: StreakW on July 09, 2023, 01:40:28 PM

In my opinion, the Bitcoin price increase which reached $30k twice in the first quarter of 2023 indicates significant market volatility. While there is no guarantee that the price will rise above $40k or continue to rise, I do feel that the current rise is an indication that Bitcoin has the potential to reach even higher price levels later this year.

If you look at the prices at the beginning of the year, we have actually increased twice now and are at a price of 30k, which is good enough in my opinion, and with the slow movements that are happening now, it is possible for us to reach a price of 40k or higher at the end of the year.
My speculation is inseparable from the many positive price movements that have occurred throughout this year, so in my opinion it is very possible that this will continue until the end of the year, even with small corrections that occur.

I do believe that this increase definitely shows something greater in the future and that should be a big deal for all of us, I am not saying that it should be easy or anything like that, of course it's not that easy but at the same time when it is going up like this it just shows that we are doing a good job.

I can see the price increasing a lot further in the future and should not be really a big deal. I hope that we can go beyond all of this and should be considered as a future FOMO for everyone. If you saw it go from 15k to 30k then you should be FOMOing right now, if you are not then you will regret it later when the price goes even higher and you miss your chance. I am getting as much as possible too, it's just the smart thing to do.

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Quote from: doomloop on July 12, 2023, 12:50:31 PM

And what about now? It is at $30k and it has been there for quite some time now, it has even touched $31.5k once or twice recently, but it couldn't hold it or break through it but came back down soon after that. Now the price isn't going up nor coming down, those who have been waiting to buy their favorite assets are on hold more right now because they don't know whether the price will go up or come down from this point, so they are just waiting.

When the price reached same value twice in same year,it mean the price going to go above that value or going to drop.With the market analysis the price of bitcoin going to reach new ATH in the 2024.So I personally think,the price going to move upwards in the upcoming days.So we can expect some bull run in the upcoming months.The movement for now is unpredictable and can be move in the bull run,Since we had faced huge bear market in the first half of this year.

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Quote from: StreakW on July 09, 2023, 01:40:28 PM

In my opinion, the Bitcoin price increase which reached $30k twice in the first quarter of 2023 indicates significant market volatility. While there is no guarantee that the price will rise above $40k or continue to rise, I do feel that the current rise is an indication that Bitcoin has the potential to reach even higher price levels later this year.

Bitcoin is at $30k and has made several attempts to go above $31k, but has been rejected from the $31k level each time. It seems to me that Bitcoin is gearing up for its next big move, and it could be in either direction. Bitcoin is testing the patience of traders to the utmost, and when it moves from this level it will be very volatile. So now actually we should take any decision with patience after considering the market situation.

Because if Bitcoin successfully breaks the $31k level, it will make it possible for Bitcoin to go to $40k or more this year. So when the market is positioned at this crucial point, traders will have to think a little more when making decisions as no one will want to miss this big move.

Topic: BTC price hitting 30k twice this year. (Read 694 times)