Is Bitcoin at new heights - page 2. | Bitcointalksearch.org

SquallLeonhart

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Quote from: coin-investor on August 08, 2021, 02:47:34 AM

you and all of us know that the market is volatile it can go to $50k tomorrow and drop to $30 the next day

Being volatile on both of the direction is not bad, right? Yeah, it is now up to our skills to make use of the volatile nature of bitcoins. Some people are simply holding and enjoying profits and others are trying catch every swing of the markets and making profits and losses up to their skills levels.

Quote from: bitcoinPsycho on August 08, 2021, 02:58:58 AM

We will touch 100K soon no doubt

Yeah, unlike like most other people who had adjusted their speculations on final ATH of current bull run, I am also confident about getting into $100k levels before end of this year.

bitcoinPsycho

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Quote from: coin-investor on August 08, 2021, 02:47:34 AM

Quote from: bitcoinPsycho on August 08, 2021, 02:32:39 AM

No. It will not continue to rise to $45k.

How sure are you it just reached the $42k level and your prediction of not reaching $45 is vague, anything is possible in Cryptocurrency, you and all of us know that the market is volatile it can go to $50k tomorrow and drop to $30 the next day, we cannot say it will not or never, only people who don't understand the market will say this.

Not my words . Take it up with proudhon.

We will touch 100K soon no doubt

coin-investor

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Quote from: bitcoinPsycho on August 08, 2021, 02:32:39 AM

No. It will not continue to rise to $45k.

How sure are you it just reached the $42k level and your prediction of not reaching $45 is vague, anything is possible in Cryptocurrency, you and all of us know that the market is volatile it can go to $50k tomorrow and drop to $30 the next day, we cannot say it will not or never, only people who don't understand the market will say this.

bitcoinPsycho

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Quote from: proudhon on June 28, 2021, 12:58:28 PM

Quote from: w-smallteenager on June 27, 2021, 11:59:19 PM

After the bottom of $28,000, now to $45,000, will it continue to rise

No. It will not continue to rise to $45k.

Xinarae*

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Quote from: ILuckyGuyI on July 04, 2021, 06:46:57 AM

Maybe it will rise in the near future, we can't know such thing. The price has reached $35.5k now. The most important thing for it to break the $40k resistance again. If it succeeds in it, then we could see the rise continuing.

The crypto market is not stable as the market fluctuates so it is very difficult to say in the right way but looking at the high demand for bitcoin, it seems that bitcoin will soon move to a higher position we have to wait patiently for bitcoin to rise.

Hippocrypto

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Quote from: w-smallteenager on June 27, 2021, 11:59:19 PM

After the bottom of $28,000, now to $45,000, will it continue to rise

We can't see any signals of a green market while unpredictable market still come to existence these days. As I've seen the latest market updates, price again touched at $32k and I'm a little bit worried that it goes down again at $28k or lower. However, when resistance become stronger then let's expect price stabilizes at $35k to $36k.

livingfree

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Quote from: TravelMug on July 07, 2021, 08:24:49 PM

Quote from: livingfree on July 07, 2021, 06:58:12 PM

Quote from: Rasa nanas on July 07, 2021, 09:12:36 AM

and now the bitcoin price is stable at $33k, without good news it is very difficult for bitcoin at this time to return to $45k. I believe that currently the bitcoin price is still in a downtrend and the current price is not the lowest bitcoin price. Bitcoin price cycle is not that simple, after a tremendous increase in bitcoin price there will be a lot of people selling bitcoins. most likely after this we will descend much further. get ready

It has to break the barrier of $41k so that it can move on.

But if it won't be seen with the next days to come, then it has to be stable on its price right now. And if the opposite happens and it breaks $28k and lower.

That's what we don't like to see if we're holding not unless you're waiting to buy at lower prices.

$40k is the big mental barrier, it's the next whole numbers that we need to get. Unfortunately, with low trading volumes and hash rate continues to drop, the market will go on sideway patterns and we don't know when we will have a break out run.

This has been the pattern already, I'm not seeing a good bounce this month, so it's just better to hold and wait till the market resumes.

Yeah.

I'm holding and I'm waiting what's next the market will show. If it starts breaking the barrier then we're going to see the FOMO again from buyers and traders.

And that's just the same if it shows lower price.

TravelMug

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Quote from: livingfree on July 07, 2021, 06:58:12 PM

Quote from: Rasa nanas on July 07, 2021, 09:12:36 AM

and now the bitcoin price is stable at $33k, without good news it is very difficult for bitcoin at this time to return to $45k. I believe that currently the bitcoin price is still in a downtrend and the current price is not the lowest bitcoin price. Bitcoin price cycle is not that simple, after a tremendous increase in bitcoin price there will be a lot of people selling bitcoins. most likely after this we will descend much further. get ready

It has to break the barrier of $41k so that it can move on.

But if it won't be seen with the next days to come, then it has to be stable on its price right now. And if the opposite happens and it breaks $28k and lower.

That's what we don't like to see if we're holding not unless you're waiting to buy at lower prices.

$40k is the big mental barrier, it's the next whole numbers that we need to get. Unfortunately, with low trading volumes and hash rate continues to drop, the market will go on sideway patterns and we don't know when we will have a break out run.

This has been the pattern already, I'm not seeing a good bounce this month, so it's just better to hold and wait till the market resumes.

livingfree

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Quote from: Rasa nanas on July 07, 2021, 09:12:36 AM

and now the bitcoin price is stable at $33k, without good news it is very difficult for bitcoin at this time to return to $45k. I believe that currently the bitcoin price is still in a downtrend and the current price is not the lowest bitcoin price. Bitcoin price cycle is not that simple, after a tremendous increase in bitcoin price there will be a lot of people selling bitcoins. most likely after this we will descend much further. get ready

It has to break the barrier of $41k so that it can move on.

But if it won't be seen with the next days to come, then it has to be stable on its price right now. And if the opposite happens and it breaks $28k and lower.

That's what we don't like to see if we're holding not unless you're waiting to buy at lower prices.

LUCKMCFLY

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Bitcoin has had great mobility in the bullish sense, since it has tested the levels of $ 35k, what I really think has been fulfilled, which is that the bulls are testing price and supply levels, by eliminating the offer from the price will rise more stably and safely:

Quote

However, the volume has not yet exceeded the average level, so the pair is consolidating sideways for the second week within the narrowing range. The Bitcoin price fell out of the channel again tonight, but it might be able to test its upper border again in the evening.

In the second half of this week, a false bullish breakout to the $37,150 level is possible. One believes that this level is able to bring the pair back to the support of $32,500.

Source: https://u.today/btc-dot-and-xrp-price-analysis-for-july-7

Maybe it is not a new height but I think that BTC is testing supply levels in prices, it is likely that there will be many movements, it could possibly reach $ 40k quickly.

justdimin

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Quote from: Oceat on July 06, 2021, 11:12:03 AM

It's been too long since the market has been running back and forth to 30k+ last month to expect that $45k will ever be going to happen. You might want to give up expecting that price because I believe we are in a correction and is nearly hitting the bear trend soon. I've already gave up thinking there will be a 6 digits price within this year. So i moved my expectations to 2024 for the 6 digits price. Since every halving is a sure bullish market so OP might want to expect that to happen in the next halving.

Price like this will continue to move back and forth until it drops and touch again the $28k down to $20k+.

Nothing is too impossible for bitcoin, that is what 8 years of bitcoin has thought me. Don't get me wrong thinking I am saying it WILL be 45k, I am not saying that, but to say that it won't be is equally silly as well because bitcoin could become anything. It could be 10k or it could be 50k and both are quite possible.

This is how bitcoin works, if you ever think that 45k will never come then you do not understand how crypto works because in the real life bitcoin is something volatile and it does go up and down like crazy, and it doesn't care for any supports or resistance or bulls or bears it basically doesn't care about anything, one day you wake up and it is suddenly 50k, then a month later you wake up and see it at 20k. I mean we went from 10k to 60k in few months, and we went from 60k to 30k in under a month as well, all happened pretty recently.

Rasa nanas

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and now the bitcoin price is stable at $33k, without good news it is very difficult for bitcoin at this time to return to $45k. I believe that currently the bitcoin price is still in a downtrend and the current price is not the lowest bitcoin price. Bitcoin price cycle is not that simple, after a tremendous increase in bitcoin price there will be a lot of people selling bitcoins. most likely after this we will descend much further. get ready

btc78

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Quote from: LUCKMCFLY on July 06, 2021, 07:16:11 PM

Even BTC does not have the heigths as everyone expects, some of the most negative think that it will not rise any more, in this case BTC is in an eventual bullish trend with a strong correction, in fact it has shown signs of rapid recovery, however the price has not has dropped from $ 30k:

Quote

Conversely, if the price rises from the current level or rebounds off $31,000, the bulls will make one more attempt to clear the overhead hurdle at $36,670. If they manage to do that, the pair may rally to the overhead resistance zone at $41,330 to $42,451.67.

Source: https://cointelegraph.com/news/price-analysis-7-6-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

As time goes by he may hit the $ 40,000 mark, however, he cannot be fully trusted because at any moment there can be a strong market movement and the whole scenario can change.

Well week ago Bitcoin hit 40k back but did not last long , instead it happens only just for a day and dumped again.

But seemingly the chance of going back to 40k plus is there as the support keeps on trusting at 35k and above .

Lets see what 3rd quarter bring and what would happen in the next months.

LUCKMCFLY

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Even BTC does not have the heigths as everyone expects, some of the most negative think that it will not rise any more, in this case BTC is in an eventual bullish trend with a strong correction, in fact it has shown signs of rapid recovery, however the price has not has dropped from $ 30k:

Quote

Conversely, if the price rises from the current level or rebounds off $31,000, the bulls will make one more attempt to clear the overhead hurdle at $36,670. If they manage to do that, the pair may rally to the overhead resistance zone at $41,330 to $42,451.67.

Source: https://cointelegraph.com/news/price-analysis-7-6-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

As time goes by he may hit the $ 40,000 mark, however, he cannot be fully trusted because at any moment there can be a strong market movement and the whole scenario can change.

Oceat

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It's been too long since the market has been running back and forth to 30k+ last month to expect that $45k will ever be going to happen. You might want to give up expecting that price because I believe we are in a correction and is nearly hitting the bear trend soon. I've already gave up thinking there will be a 6 digits price within this year. So i moved my expectations to 2024 for the 6 digits price. Since every halving is a sure bullish market so OP might want to expect that to happen in the next halving.

Price like this will continue to move back and forth until it drops and touch again the $28k down to $20k+.

perfect999

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Quote from: Lorence.xD on July 04, 2021, 01:00:08 AM

Too early to say that bitcoin will go to that point anytime soon, remember that there's not a lot of good news that is big enough to really consider that bitcoin will be able to go to 45k anytime. Also, why do people call the price 28k a bottom? I don't get it, it's still higher than that of the last year's price.

They call $28k as the bottom because they don't care what value it was last year, they only care about the lowest value that was within this year, which is quite a negative way of looking at the market. If one shows the same attributes in the stocks market, they will never earn anything.

I don't like to comment whether we are moving towards new heights or we are declining towards a new bottom because these are all temporary movements and I seriously believe in the value of bitcoins not the price of it.

Quote from: w-smallteenager on June 27, 2021, 11:59:19 PM

After the bottom of $28,000, now to $45,000, will it continue to rise

It's a dream for day traders who want to continuously play between these margins.

justdimin

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Quote from: w-smallteenager on June 27, 2021, 11:59:19 PM

After the bottom of $28,000, now to $45,000, will it continue to rise

We are nowhere near the new heights, sure maybe there could be some increases soon but I doubt that it will be anything we haven't seen before. What I assume will happen is the price going to near 40k levels once again and that's it, I think that will be the end of it and we are not going to see anything higher, after that we will drop once again to 32-33 levels and keep repeating this action until we finally broke one direction or another.

It is just not that simple to make due with what we have right now, if we sell and the price goes up we will lose money, if we buy and price goes down we will lose money, so what people do is hold and the volume is dropping daily. So basically people are confused about what they want to do, it is not an easy job and it will never be an easy job so we are going to have to bare what we are living through and force a way out.

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Quote from: alevlaslo on July 05, 2021, 06:59:07 AM

At least there are still a up trend coming from this graph you shared mate.

Quote from: ILuckyGuyI on July 04, 2021, 06:46:57 AM

Maybe it will rise in the near future, we can't know such thing. The price has reached $35.5k now. The most important thing for it to break the $40k resistance again. If it succeeds in it, then we could see the rise continuing.

Drops 33k again today

https://coinmarketcap.com/currencies/bitcoin/

for the last whole week , the price of bitcoin constantly changing up and down.

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Rajamuda

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Because it fluctuates from time to time, it still difficult for us to say for sure, not to mention there are many things that affect the minds of many people on certain issues. However, the strongest point of all, does not rule out the possibility that bitcoin will continue to rise due to its popularity.

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