BTC price hitting 30k twice this year. - page 6.

Lucius

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

~snip~
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

Take a coin, pick heads or tails and flip it. It all comes down to guessing whether bulls or bears will have better luck in their intentions. For me personally, it's not the time for some big bull run, although it's obvious that something is brewing in the US kitchen, and the question is whether something will really happen or if the market just reacted to the news too optimistically.

Regardless of the enthusiasm with BlackRock, Fidelity or some other big company, I hope that people do not think that they are interested in Bitcoin because they consider it good and necessary, but are only interested in profit. Just as they have the power to pump up the price of BTC, they also have the power to do a lot of damage to the same.

Minecache

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

Please share your thoughts about this.

I still believe bitcoin will hit $40k this year, but maybe not this time, but this time I believe it will go further and maybe $32k - $35k before its correction. But honestly, I expect bitcoin to fall more than I hope it will go up because I still want to buy it at a low price rather than a high price. For me, I am not in a hurry about the price going up because sooner or later the bulls will come, it is inevitable. So I will just want to focus on accumulating as many bitcoins as possible.

gunhell16

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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.

I think based on the analysis I see on its resistance now, its resistance will be calm within 2 weeks from now, and its motion will probably be between 30k$-32k$, let's see if, within 2 weeks from now, it will break the value price of 33k$ towards 35k$, or drop again to 29k$.

It depends on the good or bad news we get about cryptocurrency. And from what I've seen, it's because of the series of good news that happened today that the Bitcoin price suddenly pumped up, which also caused the rise of other cryptos that are in the top 50 in the market.

DeathAngel

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$40,000 before the end of the year would really set us up nicely for some real fireworks in 2024 & 2025. Hopefully we don’t get a 2019 style situation where we make a nice high & then retrace to lows. Things are looking good with Blackrock & Fixelity + others filing for bitcoin ETF’s with the SEC but let’s not get too excited. Things can change quickly. It is looking good above $30,000 though.

salad daging

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

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 very positive thing considering the significant increase in bitcoin in 1 day, of course behind it all is where Blackrock proposed bitcoin to this ETF which became more positive after a lot of onslaught from the SEC, finally the market was able to go against the direction I think right now, prices are still optimistic bitcoin is still holding pretty well at $30K, but when you say whether the price will go down or up I think a correction will definitely happen again but the market is still in good momentum so for now it's still very strong in the current range .

About $40K I think it will be easy for sure this year but still it has to pass some other negative news before the positive news comes which can influence bitcoin price to recover.
Now the market is back to green starting from Bitcoin.

cryptomaniac_xxx

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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.

End of the year price prediction? yeah, why not go for $40k-$50k? remember that we still have the second half of the year to boot, so we might as well see the price going up.

And there are a lot of speculators here and those who put their technical analysis here in our community and pointing to the fact that we might have seen the bottom already and prior to the expected bull run next year, the price could be around that range. For me, we have seen the lowest low for this bear market, and I don't think that we can go below $20k. We have seen the support along $25k and it is strong and it will hold.

Davian144

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

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.

The increase in the price of Bitcoin that occurred in the second quarter of this year to reach $ 30K which I saw did not happen spontaneously because the increase occurred slowly but very surely. Well, for this month maybe it will continue to run at $ 30K as it looks right now in the market, but for next month also I don't think that Bitcoin will fall below $25k - $26k again.

Because price resistance at a better level will probably continue as long as no bad news comes to Bitcoin in the next month. An increase like now is indeed very tempting, but I also don't think that it is a preemptive attempt to go down again in more depth.

Coin_trader

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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 pump is legit compared to the previous pump last april because this is the result of positivity on crypto market due to the ETF run started by the Blackrock. SEC is now overwhelmed by ETF application since everyone is confident that Blackrock can get the long awaiting approval from SEC on spot ETF.

This pump is organic and will continue to probably ATH until next year if the trend will not gonna stop until the Bitcoin Halving. Blackrock is monster on their filings so I’m positive that they got this and also US huge company is now teaming up to have their own massive crypto exchange that will bring crypto more closer to US residents since this company will be working closely to SEC.

Nrcewker

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First of all, we should admit that we are happy to see this rise in the price. Yes, Bitcoins have already surprised us many times this year. At the start of the year, it suddenly jumped 10k USD and reached 28k USD. And after that, it got stuck in this price segment for a couple of months. Now it has again crossed 30k USD, generating good emotions in the minds of traders. Maybe this price rise is due to the increase in demand to buy the coins among traders. I am assuming we will touch 40k USD before August if this pace is carried out by the coins. Let’s hope for the best.

Oshosondy

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I was thinking that bitcoin price will hit around $37500 - $40000 this year before it will fall back to $20000. It went up to $31000 the first time, which we were expecting, but fall back to $25300 which was a big support price as it fall to around $25300 several times in days.

This time, again it went up to almost $31000 and not going beyond that price. If bitcoin do not go up beyond this price within a week, it would be the resistant price and bitcoin may not go up further for now.

If bitcoin do not go up further, we should be expecting downtrend and if it mistakenly go below $25000, we should expect $20000 again.

Lida93

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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.

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