Is $65,000 the peak of this bull market? - page 2.

arwin100

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Quote from: Rajamuda on June 14, 2021, 08:09:50 AM

Predicting price movements is not certain in reality, related to many new things that can affect it all, but indeed, basically we still apply a sense of optimism and continue to do profitable things, well even though predicting prices to be higher can motivate of what we do.
I think it seems like it will get to that point, but indeed time will determine all that.

Yeah time will determine all but we should look for the possible scenarios like what news will come up to see what will happen next if we want to earn some money from it, if we don't want to invest at this time well only watching how the trend goes is at least we can do but if we want to be profitable on our times well seeing the potential result will be the ideal thing to do but so far for now its quite good to see how market goes and lucky to bag up some btc at the lowest price gotten last couple of days.

Vaskiy

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The market isn't bullish out of the demand to supply or due to the increase in the usage. Over the last year the users of cryptocurrencies have increased massive. This has made large scale adoption and acceptance. We need to know the market is widening, but the changes taking place in the market is not of anything connective to the technology. Few have acquired a big volume and dragging according to their requirement. So, if those persons wish we can see bitcoin price above $65k

Marvelman

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A break above $40,000 finally ends the long downtrend. It's a lot of resistance to overcome. Let's see if BTC is able to hold above it.
While we may see another corrective drop for BTC, the worst that will happen is that it'll be stuck in the 32,000 – 35,000 range for a while. The trend and technicals are clearly moving up, a move above $50,000 is not improbable.

Rajamuda

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Predicting price movements is not certain in reality, related to many new things that can affect it all, but indeed, basically we still apply a sense of optimism and continue to do profitable things, well even though predicting prices to be higher can motivate of what we do.
I think it seems like it will get to that point, but indeed time will determine all that.

karanggatak

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I don't think so, this year is still not over, everything is still possible, I'm still optimistic that this year bitcoin can penetrate the new ATH from the previous month.
the reason I have seen lately a lot of news about US inflation I think this will affect all crypto assets, many people will secure their wealth in crypto or gold to avoid the impact of the inflationary storm that does not know when it will end.

BuNga_cute

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Quote from: coin-investor on June 14, 2021, 04:25:21 AM

Quote from: erep on June 13, 2021, 01:35:27 PM

We've seen bitcoin hit ATH in the last few months but whether it might take another 3 months to get back to ATH, no one knows. But from the convincing speculation that hopes of hitting $100k are getting closer, I smell it.

I hope you have a good smell and you really smell that we are going to hit $100k, so many investors are predicting the $100k level, I'm one of those guys who predicted the $100k level and I'm keeping my hopes alive as long as there are only FUDS and no bad news like the pandemic that we've had, hope is still alive and it should be burning.

I'm also one of those people who are optimistic that Bitcoin will hit $100k by the end of this year, so $65k isn't the peak price in my opinion.
Moreover, it seems like a lot of people predict the price of Bitcoin will reach $100k, with many people thinking positively like that indirectly
motivates holders Bitcoin not to rush to sell the Bitcoin they have. That way I hope it will come true that eventually Bitcoin reaches the price of $100k.

coin-investor

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Quote from: erep on June 13, 2021, 01:35:27 PM

We've seen bitcoin hit ATH in the last few months but whether it might take another 3 months to get back to ATH, no one knows. But from the convincing speculation that hopes of hitting $100k are getting closer, I smell it.

I hope you have a good smell and you really smell that we are going to hit $100k, so many investors are predicting the $100k level, I'm one of those guys who predicted the $100k level and I'm keeping my hopes alive as long as there are only FUDS and no bad news like the pandemic that we've had, hope is still alive and it should be burning.

SaveOurSea

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honestly i don't know about the peak of this bull, there are many different opinions about the current market situation,
about the bulls, many still say that the bulls are not over yet, because the price of $30k is still strong,
but for me it will be difficult to read, because everything could change.

STT

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It'd be a better question to ask is 65k the highest for this year, I'd say there is a good probability of that because good things take time and we've had hype cycle so I consider it'll be a while which is no negative its just requiring patience really.
To answer forever then surely I dont think thats the all time high ever seen just like I dont think we go to zero, it will accumulate in the same way the dollar is certainly unable to repay its debts made without default which is far too controversial and disruptive now. Obviously we dont have a clear path, I'm not saying like it must happen but on balance I consider the path of least resistance and it ends with crypto higher so far as I see.

erep

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Quote from: decodx on May 23, 2021, 06:00:48 AM

BTC still holding the $35,000 level. Although we cannot be certain, the technical indicators and Bitcoin psychological trends support the possibility that we will see a rally soon.
Hopefully, Bitcoin will see new all time highs.

Do you think $65,000 represents the peak of the current bull market?

We've seen bitcoin hit ATH in the last few months but whether it might take another 3 months to get back to ATH, no one knows. But from the convincing speculation that hopes of hitting $100k are getting closer, I smell it.

freedomgo

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Quote from: eaLiTy on June 13, 2021, 07:58:52 AM

Quote from: Kemarit on June 13, 2021, 12:04:08 AM

Still a long way to go for a 6 digit prediction. We have been bouncing just around ~$40,000 for quite sometime now.

Maybe the bull run is over short term, we still have to look though in the last quarter of this year. If the prices goes down or at least we remain in this level, then $100,000 is not possible. And I'm sure many are going to be disappointment as many have been predicting at least $100,000 or even more at the end
of this year. So let see how it pans out.

We are trading in a range bound for a while now and it is not that bad as we are having a good support at $30k and the resistance is above $40k and we might trade in these ranges for a while and we might see the market going for one final push to break the resistance at $40k and if that happens then we might reach the all time high valuation yet again and we might push for further higher valuation and i do expect that the market could reach around $75k before the major correction.

That should be great news if that would happen, however, on the other side, if the support will be broken, bitcoin might result in a big free fall as more panic will happen by the weak hands. The market movement is pretty much uncertain now if you are bullish, it's bearish which is more dominant now and we are witnessing it in the past few weeks.

eaLiTy

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Quote from: Kemarit on June 13, 2021, 12:04:08 AM

Still a long way to go for a 6 digit prediction. We have been bouncing just around ~$40,000 for quite sometime now.

Maybe the bull run is over short term, we still have to look though in the last quarter of this year. If the prices goes down or at least we remain in this level, then $100,000 is not possible. And I'm sure many are going to be disappointment as many have been predicting at least $100,000 or even more at the end
of this year. So let see how it pans out.

We are trading in a range bound for a while now and it is not that bad as we are having a good support at $30k and the resistance is above $40k and we might trade in these ranges for a while and we might see the market going for one final push to break the resistance at $40k and if that happens then we might reach the all time high valuation yet again and we might push for further higher valuation and i do expect that the market could reach around $75k before the major correction.

molsewid

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Quote from: Kemarit on June 13, 2021, 12:04:08 AM

Quote from: irsada on June 10, 2021, 11:54:57 PM

I'm speculating bitcoin will redeem ATH again at the end of the year, peaking maybe around $100k , we see a lot of people popping up against bitcoin so it makes its current price fall around $36k at the moment, not impossible to make a comeback because almost every bad news usually accompanied by good news that makes the market excited again.

Still a long way to go for a 6 digit prediction. We have been bouncing just around ~$40,000 for quite sometime now.

Maybe the bull run is over short term, we still have to look though in the last quarter of this year. If the prices goes down or at least we remain in this level, then $100,000 is not possible. And I'm sure many are going to be disappointment as many have been predicting at least $100,000 or even more at the end of this year. So let see how it pans out.

Well I guess the time for bitcoin to recover is still long for a big come back though a 6 digit price prediction may definitely going to take in a long run but hopefully we might gonna see it to become a reality. And I also think that $65,000 is not yet the peak market price of bitcoin because we still have 5 months and more left for this year and for me the most awaiting and exciting part is the end seasons of this year where everyone are waiting for a price pump of bitcoin reaching for another ATH. But actually bitcoin has a long rally of bullish trend this year it's almost take 4 months or almost 5 months.

Stalker22

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Quote from: aioc on June 13, 2021, 03:49:30 AM

Quote from: Kemarit on June 13, 2021, 12:04:08 AM

Still a long way to go for a 6 digit prediction. We have been bouncing just around ~$40,000 for quite sometime now.

Maybe the bull run is over short term, we still have to look though in the last quarter of this year. If the prices goes down or at least we remain in this level, then $100,000 is not possible. And I'm sure many are going to be disappointment as many have been predicting at least $100,000 or even more at the end of this year. So let see how it pans out.

Many predictions of Bitcoin going to 6 digits were created late last year and early this year, it's too early to give up, the worse bear market we have experienced was the start of the pandemic, after that the market picks up, the only bad news we have is Elon Musk and this bad news will soon be over and the market will start to pick up, we have weathered pandemic why not Elon Musk.

There is a strong possibility that Bitcoin will reach the 6 digits by the end of the year and possibly even higher than that. Bitcoin ETF approval by the SEC in the US is still on the table.
A Bitcoin ETF means an instant billions worth of investment coming into the cryptocurrency market.

ILuckyGuyI

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I've started thinking like "Yeah, it is the peak.". Because we have been seeing these levels for a long time and the price doesn't give any sign about a possible rally again. It looks like we are entering the bear market.

aioc

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Quote from: Kemarit on June 13, 2021, 12:04:08 AM

Still a long way to go for a 6 digit prediction. We have been bouncing just around ~$40,000 for quite sometime now.

Maybe the bull run is over short term, we still have to look though in the last quarter of this year. If the prices goes down or at least we remain in this level, then $100,000 is not possible. And I'm sure many are going to be disappointment as many have been predicting at least $100,000 or even more at the end of this year. So let see how it pans out.

Many predictions of Bitcoin going to 6 digits were created late last year and early this year, it's too early to give up, the worse bear market we have experienced was the start of the pandemic, after that the market picks up, the only bad news we have is Elon Musk and this bad news will soon be over and the market will start to pick up, we have weathered pandemic why not Elon Musk.

Kemarit

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Quote from: irsada on June 10, 2021, 11:54:57 PM

I'm speculating bitcoin will redeem ATH again at the end of the year, peaking maybe around $100k , we see a lot of people popping up against bitcoin so it makes its current price fall around $36k at the moment, not impossible to make a comeback because almost every bad news usually accompanied by good news that makes the market excited again.

Still a long way to go for a 6 digit prediction. We have been bouncing just around ~$40,000 for quite sometime now.

Maybe the bull run is over short term, we still have to look though in the last quarter of this year. If the prices goes down or at least we remain in this level, then $100,000 is not possible. And I'm sure many are going to be disappointment as many have been predicting at least $100,000 or even more at the end of this year. So let see how it pans out.

irsada

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I'm speculating bitcoin will redeem ATH again at the end of the year, peaking maybe around $100k , we see a lot of people popping up against bitcoin so it makes its current price fall around $36k at the moment, not impossible to make a comeback because almost every bad news usually accompanied by good news that makes the market excited again.

judeafante

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Quote from: decodx on May 23, 2021, 06:00:48 AM

BTC still holding the $35,000 level. Although we cannot be certain, the technical indicators and Bitcoin psychological trends support the possibility that we will see a rally soon.
Hopefully, Bitcoin will see new all time highs.

Do you think $65,000 represents the peak of the current bull market?

If you look at it, it looks like it is, but we are still half of the year, so many things could happen and the market move unexpectedly and very volatile, one news can break and shift the market to another direction, many investors are checking the news and ready to buy anytime when the market signal that it will go up, people are still looking and analyzing the floor price, and they are ready to buy again.

philipma1957

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I would have bet against it. I wanted or hoped to get closer to 100k.

But now I think maybe we are done.

we need to get way lower or stay flat until Aug1

then I would say the run is dead.

Topic: Is $65,000 the peak of this bull market? - page 2. (Read 1200 times)