I'm not sure if you are talking about the $17,000+ price breakout, but I have a feeling that
I don't think it's going to be a good time to buy bitcoin at a price that is close to the ATH.
Topic: Is the $17,000+ bitcoin price breakout benchmark to new price direction (Read 927 times)
May 02, 2023, 12:55:54 PM
February 15, 2023, 02:57:48 AM
It is difficult to say whether the price of $ 17K is a benchmark for the New Price Direction, currently the price of Bitcoin is like a mystery that is difficult to guess, in January there is a significant increase of up to more than 40%, but in January it actually decreased by more than 10%, this of course this Makes us have to always be vigilant, especially if there are big cases like FTX which make a market drop in a short time.
February 14, 2023, 05:46:40 AM
Many people think that the increase that is happening right now is a trap because prices will fall deeper, hopefully this will not happen and this year it can recover, I'm afraid if this year drops again like in 2022 then many investors will run and choose other investments so they need long time to be able to rise again. if we focus on the long term then I suggest to keep buying and stop when the price reaches $40k.
Why stop buying when the Bitcoin price reaches $40K? It's not that Bitcoin has also ever increased in price by more than that and there is still a possibility of repeating the same thing in the following years by increasing by more than that. So if you have a reason to advise everyone on buying, you should also be able to provide a reason why you are telling everyone to stop buying when the Bitcoin price reaches $40K. 
February 14, 2023, 03:35:16 AM
Many people think that the increase that is happening right now is a trap because prices will fall deeper, hopefully this will not happen and this year it can recover, I'm afraid if this year drops again like in 2022 then many investors will run and choose other investments so they need long time to be able to rise again. if we focus on the long term then I suggest to keep buying and stop when the price reaches $40k.
February 08, 2023, 04:18:32 AM
If we look at the price of $ 17k it only happened in less than a day because the market continued to rise. Today the price is back up to the $23k level, i hope no more dips so this week it can touch $25k, when the price can reach $25k it will be more than 60% increase compared to the end of 2022 price position, and now is the time to continue collect bitcoins and we welcome bull run with fun.
in recent weeks the price movement of Bitcoin has occurred slowly in a positive direction, even though it has not yet touched $25k but this is very possible considering the positive trend that continues to occur.but for the price of $ 17k the benchmark is too low I think, and it's true that Bitcoin fell to such a low price last year for only a short time and after that there have been positive developments.
at the beginning of 2023 there are many positive price signals from Bitcoin and I also hope that this is the start of a bull run and also I am ready to welcome it with great joy.
February 08, 2023, 03:02:30 AM
If we look at the price of $ 17k it only happened in less than a day because the market continued to rise. Today the price is back up to the $23k level, i hope no more dips so this week it can touch $25k, when the price can reach $25k it will be more than 60% increase compared to the end of 2022 price position, and now is the time to continue collect bitcoins and we welcome bull run with fun.
February 06, 2023, 10:51:30 PM
bitcoin now stronger holding 22-23k and maybe in the next couple of weeks more we will be seeing 30k?
if this going to happen like how OP posted this , then maybe we are in the beginning of Bullrun(not waiting the Halving things that impossible to happen as it is what for the last how many years)
Once again, BTC proves that it was truly unpredictable as many of us thinks that it was only a trap which have happened last time and they think they are correct by the time the price fell down by some percent but then few weeks later it showed a big jump. It is seems that the correction is already completed because when I check the price now, the price have moved again to $23k. This is exciting.if this going to happen like how OP posted this , then maybe we are in the beginning of Bullrun(not waiting the Halving things that impossible to happen as it is what for the last how many years)
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Now, we will see if it will hit the most awaited $24k and $25k this time or not. Halving is a real thing or maybe you mean the bull run during the halving time is not real? But, the effects of the halving is real so it will still make the price rise that it could lead to a bull run.
it did already Hit 24k but have not stays long , but once it broken the 25k then we can have a fair look towards 30k. 
February 06, 2023, 04:31:13 PM
The price of bitcoin in the past 2 weeks has shown gradual changes in the market, and take note that it has shown positively that its value has gradually increased.
Could this be the start of bitcoin entering the market in the upcoming bull run, or do we still have to stay in the bear market? But like others here in this forum, they are also excited about what can happen but of course, we still have to wait for what can happen because it is volatile as we know.
Bitcoin price outlook in February is somehow dull unlike in January we're bitcoin started the month on a bullish note and ended January at a very remarkable price. Could this be the start of bitcoin entering the market in the upcoming bull run, or do we still have to stay in the bear market? But like others here in this forum, they are also excited about what can happen but of course, we still have to wait for what can happen because it is volatile as we know.
We are 5 days into February, and the price of bitcoin has shown a slow decline movement with no sign of more price recovery like we had in January.
But since the month just started and bitcoin still maintains or starting price of 23k+ it shows that bitcoin is not ready to give into a price dip anytime soon.
February 05, 2023, 03:31:09 AM
The price of bitcoin in the past 2 weeks has shown gradual changes in the market, and take note that it has shown positively that its value has gradually increased.
Could this be the start of bitcoin entering the market in the upcoming bull run, or do we still have to stay in the bear market? But like others here in this forum, they are also excited about what can happen but of course, we still have to wait for what can happen because it is volatile as we know.
Could this be the start of bitcoin entering the market in the upcoming bull run, or do we still have to stay in the bear market? But like others here in this forum, they are also excited about what can happen but of course, we still have to wait for what can happen because it is volatile as we know.
February 05, 2023, 02:48:17 AM
Yes, we should be prepared for some exciting price recovery this new month as the market indication is showing more uptrend movement, the month of January 2023 has recorded a rapid market growth from a low of 16k to 23k+ price by the 31st of January.
January was a very good price recovery month for Bitcoin and it has proven as you said from a low of $16K to $23K+. And now in February there is still a more positive movement even though the correction is still there so that the Bitcoin price is still at $23K+ even though it was briefly in the $24K+ price range. I am still very optimistic that the price increase will continue this month after the correction is over.Quote
The month of February is highly predicted to be the month bitcoin will cross 35k price and if that likely happens, we should then be sure to have another all-time high in 2023 but that is just speculation anyways and shouldn't be taken as investment advice.
If only for this February, I think it will still be a bit difficult for Bitcoin to cross the $35K price range as Bitcoin needs to reach the $30K range first this month before heading higher in the next month of the year. Because according to my speculation Bitcoin will not have enough time to move above $10K in 23 days this month. 
January 31, 2023, 07:56:59 PM
This thread has been open like 3 weeks ago, and today is the last day of the month of January and now we are $23k++. So obviously, we had a break out run already and it could be pushing for higher prices in the next coming months or so.
Yes, we should be prepared for some exciting price recovery this new month as the market indication is showing more uptrend movement, the month of January 2023 has recorded a rapid market growth from a low of 16k to 23k+ price by the 31st of January. The month of February is highly predicted to be the month bitcoin will cross 35k price and if that likely happens, we should then be sure to have another all-time high in 2023 but that is just speculation anyways and shouldn't be taken as investment advice.
I agree that the uptrend is still there, and bitcoin will probably hit $25k or higher this February, but the $35k target is too high expectations and too hasty with bitcoin. BTC is up over 40% in January, which is not a low gain while we are still not out of bear season. And let's not forget that the real bull season only comes after the halving, and we are more than 380 days away, so expecting bitcoin to hit ATH this year is too vague. Optimism is good, but don't expect too high, if you don't meet expectations, you will be even more disappointed.
January 31, 2023, 06:08:29 PM
This thread has been open like 3 weeks ago, and today is the last day of the month of January and now we are $23k++. So obviously, we had a break out run already and it could be pushing for higher prices in the next coming months or so.
Yes, we should be prepared for some exciting price recovery this new month as the market indication is showing more uptrend movement, the month of January 2023 has recorded a rapid market growth from a low of 16k to 23k+ price by the 31st of January. The month of February is highly predicted to be the month bitcoin will cross 35k price and if that likely happens, we should then be sure to have another all-time high in 2023 but that is just speculation anyways and shouldn't be taken as investment advice.
January 30, 2023, 01:26:15 PM
This thread has been open like 3 weeks ago, and today is the last day of the month of January and now we are $23k++. So obviously, we had a break out run already and it could be pushing for higher prices in the next coming months or so.
So this so called bull run at the start of 2023, could really be the biggest indication of what is yet to come for this year.
Yes, we are still in the bear market by definition, but it's not that bad if we see some recovery from the lows of $15k-$17k last year and maybe we can make x2 of that price this year or even higher.
So this so called bull run at the start of 2023, could really be the biggest indication of what is yet to come for this year.
Yes, we are still in the bear market by definition, but it's not that bad if we see some recovery from the lows of $15k-$17k last year and maybe we can make x2 of that price this year or even higher.
January 29, 2023, 06:15:42 PM
Is this growth another Bull trap? Why I am feeling that it is another trap full bulls? Looking at news, there isn't really good one to back the current recovery of Bitcoin. Instead there is another news that can be a source of FUD that can derail this recovery which is the current update on quantum computers[1]. So I think we have to wait a bit before jumping into conclusion that this uptrend of Bitcoin is the break out to bullish market.
Anytime Bitcoin get a little difference in price we do have many speculations around the corner, but many of us doesn't rely on such analysis of people without a proof, it's very obvious that the price of Bitcoin now with my deceived many people to make claims of the price without have any fact. So what you believe or be assured of in Bitcoin market price is the research you made by yourself. Because many people have different analysis and negative informations concerning Bitcoin increment and degradation in Values. 
January 29, 2023, 04:38:08 PM
bitcoin now stronger holding 22-23k and maybe in the next couple of weeks more we will be seeing 30k?
if this going to happen like how OP posted this , then maybe we are in the beginning of Bullrun(not waiting the Halving things that impossible to happen as it is what for the last how many years)
if this going to happen like how OP posted this , then maybe we are in the beginning of Bullrun(not waiting the Halving things that impossible to happen as it is what for the last how many years)
Now, we will see if it will hit the most awaited $24k and $25k this time or not. Halving is a real thing or maybe you mean the bull run during the halving time is not real? But, the effects of the halving is real so it will still make the price rise which could lead to a bull run.
-the demand for Bitcoin is higher than it supply which is as a result of strong buy in and less sell appetite from holders.
January 27, 2023, 04:49:50 PM
bitcoin now stronger holding 22-23k and maybe in the next couple of weeks more we will be seeing 30k?
if this going to happen like how OP posted this , then maybe we are in the beginning of Bullrun(not waiting the Halving things that impossible to happen as it is what for the last how many years)
Once again, BTC proves that it was truly unpredictable as many of us thinks that it was only a trap which have happened last time and they think they are correct by the time the price fell down by some percent but then few weeks later it showed a big jump. It is seems that the correction is already completed because when I check the price now, the price have moved again to $23k. This is exciting.if this going to happen like how OP posted this , then maybe we are in the beginning of Bullrun(not waiting the Halving things that impossible to happen as it is what for the last how many years)
Now, we will see if it will hit the most awaited $24k and $25k this time or not. Halving is a real thing or maybe you mean the bull run during the halving time is not real? But, the effects of the halving is real so it will still make the price rise that it could lead to a bull run.
January 27, 2023, 01:22:16 AM
Have crossed 19k recently but drops down to 18k again in which I am seeing that we are heading to new direction comparing to what we have in 2022 though we are far from hitting at least 20k again?
but we have positive look to what will come sooner.
and hoping that this is not just for January but the whole year I wish.
Yep. Today, it passed $19k for a moment. Although it doesn't last a long time, it is surely a good sign that Bitcoin is likely to improve its price constantly. Once the price stays above $19k, it is not very far from $20k. In theory, $20k may be achieved in several days or weeks. But if there is bad news, the price may decrease again temporarily. However, these all are positive indications that this year seems better than last year. I bet Bitcoin already hit its lowest price last year, this year is a time to begin its improvement constantly. Let's hope there is not much bad news anymore, so the price can increase without significant obstacles.but we have positive look to what will come sooner.
and hoping that this is not just for January but the whole year I wish.
if this going to happen like how OP posted this , then maybe we are in the beginning of Bullrun(not waiting the Halving things that impossible to happen as it is what for the last how many years)
Decisive moment for bitcoin right now. Or it's going to break the resistance level at 20,000$, or it's going to almost hit 20,000$ then crash to the new support level. Big expectations of seeing bitcoin keeping the positive trend above 20,000$. On the other hand, since we are talking about a trend which has started only 3 days ago, and it's pretty intense, there are chances it's just temporary, because when the price pumps too fast, it also dumps really fast not too long after... I would be more confident if this trend had been already lasting for a week, at least.
Once the price reach the $20k barrier, the market will try to have it as the resistance point. From there the chance of falling down to $20k seems to be low. The price is moving at faster phase, which doesn't look to be a temporary move for a crash at the shortest. Some predicted it as the market is being tested and rest will be manipulation. Let's see what's gonna be the outcome. January 18, 2023, 07:51:41 PM
It is difficult to predict what will happen with the price of Bitcoin in 2023. The value of cryptocurrencies can be highly volatile, and it is influenced by a wide variety of factors. However, some people believe that the upcoming halving event in 2024 and increasing mainstream acceptance could lead to a significant increase in the value of Bitcoin in 2023. The future of Bitcoin in 2023 is like a rollercoaster ride, with the halving event as the booster rocket, only time will tell if it reaches new heights or crashes and burns.
Halving only reduced the Bitcoin block rewards and only miners are directly affected by that, unless for the reduction of bitcoin circulation due to lowered miners block rewards, aside from that investors and other Bitcoin users may not really have a direct effect on the halving except if the price move in whatever direction after the halving.
January 16, 2023, 05:05:21 PM
I saw it hit $21k just now but it was short and sweet, however, I was on the fence as the price suddenly drops to $20,400. So the resistance but now should be in the $21k'ish, as this is the second time that we have attempted that price breach it and then goes down hard again.
It's weekend anyway so let's how its going to be slow and the price will continue to ascend and not go down below $20k because that is a big psychological barrier that we need to reach and then sustain.
It is around there, and the good thing about the situation is that we didn't had just one pump. We reached to 19k levels first and then stopped for a while and then reached to 21k after that once again too. Which is why it's such a big deal, because it means that we have reached to a point where it had 2 big pumps back to back.It's weekend anyway so let's how its going to be slow and the price will continue to ascend and not go down below $20k because that is a big psychological barrier that we need to reach and then sustain.
This doesn't mean that we are going to end up with a big increase later on neither, maybe it will and maybe it won't but that doesn't change the fact that it will not have anything good coming up, it could have a few more back to back increases like this until the month ends and maybe we will close the month with 30k? That is possible if you ask me.
January 14, 2023, 07:27:48 PM
The moves at this level appear massive because we are moving off relatively low levels, thats part of the energy to the risk of those involved. Fortune favors the brave but it doesnt mean we have to continue as positively. BTC broke upwards just as the background market sentiment turned quite positive, a new start to the year is some dynamic I recognize. What really matters now is the consistency to the move, in 2017 there was a pattern to the lows but the action was quite subdued and appeared to sell off; however each low was a little higher then the last. This was enough to be bullish, so I like we got past 20k but I guess I have to observe the same now in that low prices matter also in day week and month bars.
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