It's not the end, $60k again - page 2.

STT

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Price bouncing off the weekly average at the moment, 4hr bars is usually a good measure of strength in a day to day timeline we are still quite positive while above that measure imo.

Also have to note the lows of today match quite closely to the 200 day average, actually thats probably the more important reason.
I'm still looking for some bearish avenue, a pullback of some kind but I'am very often too negative not respecting the overall direction however pullbacks are healthy in building volume and help build eventual highs greater then otherwise might accumulate so I do expect that to occur.

fullhdpixel

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Quote from: BuNga_cute on August 14, 2021, 06:53:47 AM

I'm also as optimistic as you, especially seeing the price movement of Bitcoin this week is very positive, a return to the top of the $60k price is quite possible. We just need to have faith and continue to collect as much Bitcoin as possible, I don't think it's too late to buy Bitcoin. Because as long as we are patient holding Bitcoin, we should be able to make a profit from Bitcoin. The safest way to make profit from Bitcoin, by way of long-term investment, because if Bitcoin fails to reach the target we want this year. No need to worry, next year Bitcoin will surely reach the target we set. The conclusion is that every year Bitcoin always increases in price, so the longer we hold Bitcoin the bigger the profit we make.

There will always be haters and shorters who will come here and write about how bitcoin did all the best it could and from now on it will crash. I had those type of people a million times when the price crashed from 20k to 3k back in the day, I kept telling them how it is getting to 20k for months and how it was increasing and kept talking about it while it was happening and they kept saying that it was a "ponzi" (which shows how they do not even know about bitcoin) and eventually the price crashed to 3k as we all know and all the while it was dropping they kept saying "I told you it was a ponzi" constantly, now it peaked at 64k...

Basically there will always be people who are ignorant to capabilities of bitcoin and we should not be really worried about them, they will be there to annoy us and will not leave even if we want to, we just need to focus on the truth.

Ngemmeng

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Quote from: Renampun on August 14, 2021, 05:02:25 AM

Quote from: Little Mouse on April 09, 2021, 11:29:15 PM

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again. Many have shorted at this price, I had too (long ago). But it doesn’t seem stopping anytime soon. If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.
What do you think? Is it still a good time to get in?

$ 60k a few months ago was just a temporary stop for btc before it crossed $ 100k...

bitcoin price continues to move positive and passed $ 45k in just a few weeks after previously being at $ 29k. if this continues then maybe we will see bitcoin at $100k before the year ends.

the only challenge to reach $100k is yesterday's ATh price of $64k. after bitcoin is able to pass the ATH price the journey to get to $100k will be faster than the previous price increase. $100k is not impossible at the moment because bitcoin is able to recover faster than we imagined, even to reach $100k before the end of the year is still very wide open.

BuNga_cute

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Quote from: StreakW on August 14, 2021, 12:14:58 AM

I think the bitcoin price will hit a new ATH later this year. Although now it can be said that it is a little late to buy BTC because the movement of bitcoin has continued to increase recently. But if you want to invest in the long term, you should buy Bitcoin and other cryptocurrencies anytime without considering the price. You must have faith that the price of Bitcoin continues to increase. Regardless of the price of Bitcoin at the time of purchase, it will eventually go up in the long run. Of course you have to use your own analysis and financial management wisely.

I'm also as optimistic as you, especially seeing the price movement of Bitcoin this week is very positive, a return to the top of the $60k price is
quite possible. We just need to have faith and continue to collect as much Bitcoin as possible, I don't think it's too late to buy Bitcoin. Because
as long as we are patient holding Bitcoin, we should be able to make a profit from Bitcoin. The safest way to make profit from Bitcoin, by way of
long-term investment, because if Bitcoin fails to reach the target we want this year. No need to worry, next year Bitcoin will surely reach the target
we set. The conclusion is that every year Bitcoin always increases in price, so the longer we hold Bitcoin the bigger the profit we make.

Chato1977

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Quote from: rincoeng1986 on August 10, 2021, 07:04:42 PM

bitcoin is holding above 45k very true as you can see. it seems that many people are confused in deciding the future, some say the price will go down a little and some say they will continue to pump in the next few days it will break 50k.
but I'm more speculating this week btc will return to 50k maybe 60k.

climbs above 47k but now drops back to 46k , the last time it falls from 45k to 43k then goes up to 47 so maybe the next pump is 50k breaking.

Quote from: StreakW on August 14, 2021, 12:14:58 AM

I think the bitcoin price will hit a new ATH later this year. Although now it can be said that it is a little late to buy BTC because the movement of bitcoin has continued to increase recently. But if you want to invest in the long term, you should buy Bitcoin and other cryptocurrencies anytime without considering the price. You must have faith that the price of Bitcoin continues to increase. Regardless of the price of Bitcoin at the time of purchase, it will eventually go up in the long run. Of course you have to use your own analysis and financial management wisely.

but don't engage your self perfectly because you might fell if expecting too much.

Stalker22

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Quote from: LUCKMCFLY on August 12, 2021, 12:27:00 PM

The behavior of BTC has been somewhat bullish, for now the $ 45k represents a very encouraging figure, since it touched levels of $ 47k and has dropped, in fact for now it has been falling a little more than 3%, but it is natural for this type to occur. correction, what we must take into account is that many bulls are responding to bearish attacks, which is not bad at all, the short-term analysis shows the following:

New highs are highly unlikely until prices move above $47700 or $48000. In the last few hours, the BTC price experienced a massive bearish reaction near $48k level. We need to break this resistance to climb above the $50000 level again.

source: https://t.me/CryptoKlondike/6756

In the short term, both $45000 and $46700 support levels can be retested before breaking the marked resistance level. Alternately, if $45000 is broken, a lower support level awaits near the $42000 level.

Renampun

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Quote from: Little Mouse on April 09, 2021, 11:29:15 PM

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again. Many have shorted at this price, I had too (long ago). But it doesn’t seem stopping anytime soon. If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.
What do you think? Is it still a good time to get in?

$ 60k a few months ago was just a temporary stop for btc before it crossed $ 100k...

bitcoin price continues to move positive and passed $ 45k in just a few weeks after previously being at $ 29k. if this continues then maybe we will see bitcoin at $100k before the year ends.

StreakW

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I think the bitcoin price will hit a new ATH later this year. Although now it can be said that it is a little late to buy BTC because the movement of bitcoin has continued to increase recently. But if you want to invest in the long term, you should buy Bitcoin and other cryptocurrencies anytime without considering the price. You must have faith that the price of Bitcoin continues to increase. Regardless of the price of Bitcoin at the time of purchase, it will eventually go up in the long run. Of course you have to use your own analysis and financial management wisely.

LUCKMCFLY

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The behavior of BTC has been somewhat bullish, for now the $ 45k represents a very encouraging figure, since it touched levels of $ 47k and has dropped, in fact for now it has been falling a little more than 3%, but it is natural for this type to occur. correction, what we must take into account is that many bulls are responding to bearish attacks, which is not bad at all, the short-term analysis shows the following:

Quote

The bullish scenario remains relevant until the main crypto is trading above the support at $42,335. In this case, if buyers break the nearest resistance at $47,000, they can lead the rate to $49,300.

Source: https://u.today/bitcoin-btc-price-analysis-for-august-12

For now it is best to wait for the next movement of BTC, although everything seems to indicate that it may continue to rise, in my personal opinion it is likely that it may already be touching the $50k levels.

TravelMug

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Quote from: STT on August 10, 2021, 06:56:03 PM

I drew in some resistance for just below 50k but its speculative based on closing weekly prices. So far momentum has stayed with the price action and there is little to doubt so far, when we stall a little bit some might speculative on weakness then but seems like it would continue for now or quickly resume on any falter.

The good thing is that it stays above $45k for now, a good indication that bulls still control the market even if bears wanted to pull it down again.

So there is the support right now $45k and hopefully it will remain in this price for the next couple of days, (I don't mind seeing the price going sideways) and then eventually we might see a break out run to at least the $47k-$48k and then $50k.

Chato1977

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Quote from: Little Mouse on April 09, 2021, 11:29:15 PM

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again. Many have shorted at this price, I had too (long ago). But it doesn’t seem stopping anytime soon. If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.
What do you think? Is it still a good time to get in?

I have been waiting for this jump again , but there are some good shape again now climbing back to 45k and trying to go up is enough reason to believe.

Quote from: STT on August 10, 2021, 06:56:03 PM

I drew in some resistance for just below 50k but its speculative based on closing weekly prices. So far momentum has stayed with the price action and there is little to doubt so far, when we stall a little bit some might speculative on weakness then but seems like it would continue for now or quickly resume on any falter.

50k is another dream for now but once it breaks then that is the start of the new era and maybe ATH.

rincoeng1986

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bitcoin is holding above 45k very true as you can see. it seems that many people are confused in deciding the future, some say the price will go down a little and some say they will continue to pump in the next few days it will break 50k.
but I'm more speculating this week btc will return to 50k maybe 60k.

STT

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I drew in some resistance for just below 50k but its speculative based on closing weekly prices. So far momentum has stayed with the price action and there is little to doubt so far, when we stall a little bit some might speculative on weakness then but seems like it would continue for now or quickly resume on any falter.

romero121

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Quote from: Maslate on August 10, 2021, 06:18:13 PM

Quote from: Spack17 on August 10, 2021, 06:00:42 PM

It's never the end. Bitcoin price dumped to $30k. And many people were expecting the price to go down to even lower levels.

I'm guilty of this thinking and I was wrong...

Quote

But it didn't happen and it has started to recover lately. It reached $46k today. And it is closing in to $60k again gradually. So, we shouldn't keep our hopes down. It's just time we need.

That means the market is truly unpredictable. We are currently at $45k, still far from $60k and we still have 4 months to go before we end this year that seems not impossible if people don't just give up when hearing any FUDs as this will affect the momentum. I just hold my Bitcoin for now and wait for the best price to sell.

Just think about the market week ago. It was around $30k. Within two or three days the market touched the price of $40k. Today it has crossed $45k and tomorrow it might cross $50k. We can't be judgemental on the price move of bitcoin. It grows on own and some times gets influenced. Now it is real and upon these calculations$60k doesn't look like a far value.

Maslate

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Quote from: Spack17 on August 10, 2021, 06:00:42 PM

It's never the end. Bitcoin price dumped to $30k. And many people were expecting the price to go down to even lower levels.

I'm guilty of this thinking and I was wrong...

Quote

But it didn't happen and it has started to recover lately. It reached $46k today. And it is closing in to $60k again gradually. So, we shouldn't keep our hopes down. It's just time we need.

That means the market is truly unpredictable. We are currently at $45k, still far from $60k and we still have 4 months to go before we end this year that seems not impossible if people don't just give up when hearing any FUDs as this will affect the momentum. I just hold my Bitcoin for now and wait for the best price to sell.

Spack17

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It's never the end. Bitcoin price dumped to $30k. And many people were expecting the price to go down to even lower levels. But it didn't happen and it has started to recover lately. It reached $46k today. And it is closing in to $60k again gradually. So, we shouldn't keep our hopes down. It's just time we need.

Baofeng

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Quote from: CaVO32 on August 02, 2021, 06:30:40 PM

Quote from: Duzter on August 02, 2021, 06:04:07 PM

Quote from: Macadonian on August 02, 2021, 03:19:45 PM

Quote from: Little Mouse on April 09, 2021, 11:29:15 PM

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again. Many have shorted at this price, I had too (long ago). But it doesn’t seem stopping anytime soon. If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.
What do you think? Is it still a good time to get in?

I wish people would start explaining why they think its going to be 60,000 or any other price because I think a lot of people are just throwing numbers out there acting like they know stuff but actually do not and they cause many people to invest and lose money.

It is not just a throw away of numbers, because everyone have certain thought about the price connected to the ongoing market changes. It can be the price movements, the level of adoption, etc. Myself have a thought the price will grow, but won't mark a new ATH this year. I make this prediction connecting to the growth that happened after the previous bull market.

But it is hard as well to compare it with previous bull run because of so many entities involved right now. The adoption is very different as compared couple of years ago. This is why speculating in this market is quite hard because there are so many variables in play. But one thing for sure, if countries keep on patronizing the usage of bitcoin aside from top companies continuing to buy their btc stash, btc market will grow and may achieve another ATH. Maybe not this year but in the years to come.

But the past can tell us what the future might bring, like the supposedly four year cycle.

I agree that adoption is very different after the halving next year, but we all know that after this activity, the price usually goes on to hit another all time high, and that's what we have seen this year. And after that the price goes down hard. But it seems that we have bounce back again and been looking for a new all time high at the end of the year.

Japinat

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Quote from: ?? on ??

Quote from: ultrloa on August 02, 2021, 06:59:23 PM

The bull run hype is I think over for this year thats why we cannot see a huge increase the same on what happen for the past months and maybe the one we experience by now are unexpectable price decrease and sudden increase which is currently happening today for sure many by now are settled doing short trades compare before where many are holding thats why we can see how unpredictable the market is at the moment. Maybe the one we need to do is not getting panic and always settle with best option rather doing than risky things om market to avoid losing.

I have same feeling that no more hype which could assist Bitcoin to hit at ath, so accumulate at lower levels. Bitcoin market eventually behave like our expectation, sometimes won't but this is how we can become stronger. This is a long term game and if you're not ready for that then I propose you quit now. Do your research and don't get panic when you're on trading to become successful. Just buying frequent small amounts and be patient.

After bitcoin hit the ATH of $60k and dumped below $30k, I don't think there's still huge hype that would surpass the ATH again. just like in the past, the bull trap is here but I'm sure bullish people will not agree with me, and I like that because I always think of the other possibility that's why I don't easily lose money when it comes to investing in the crypto space.

Experience is the best teacher, it's okay to ride with the hype or whatever you call it, but always be careful as shares are still here manipulating the market.

ultrloa

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Quote from: CaVO32 on August 02, 2021, 06:30:40 PM

Quote from: Duzter on August 02, 2021, 06:04:07 PM

Quote from: Macadonian on August 02, 2021, 03:19:45 PM

Quote from: Little Mouse on April 09, 2021, 11:29:15 PM

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again. Many have shorted at this price, I had too (long ago). But it doesn’t seem stopping anytime soon. If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.
What do you think? Is it still a good time to get in?

I wish people would start explaining why they think its going to be 60,000 or any other price because I think a lot of people are just throwing numbers out there acting like they know stuff but actually do not and they cause many people to invest and lose money.

It is not just a throw away of numbers, because everyone have certain thought about the price connected to the ongoing market changes. It can be the price movements, the level of adoption, etc. Myself have a thought the price will grow, but won't mark a new ATH this year. I make this prediction connecting to the growth that happened after the previous bull market.

But it is hard as well to compare it with previous bull run because of so many entities involved right now. The adoption is very different as compared couple of years ago. This is why speculating in this market is quite hard because there are so many variables in play. But one thing for sure, if countries keep on patronizing the usage of bitcoin aside from top companies continuing to buy their btc stash, btc market will grow and may achieve another ATH. Maybe not this year but in the years to come.

The bull run hype is I think over for this year thats why we cannot see a huge increase the same on what happen for the past months and maybe the one we experience by now are unexpectable price decrease and sudden increase which is currently happening today for sure many by now are settled doing short trades compare before where many are holding thats why we can see how unpredictable the market is at the moment. Maybe the one we need to do is not getting panic and always settle with best option rather doing than risky things om market to avoid losing.

CaVO32

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Quote from: Duzter on August 02, 2021, 06:04:07 PM

Quote from: Macadonian on August 02, 2021, 03:19:45 PM

Quote from: Little Mouse on April 09, 2021, 11:29:15 PM

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again. Many have shorted at this price, I had too (long ago). But it doesn’t seem stopping anytime soon. If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.
What do you think? Is it still a good time to get in?

I wish people would start explaining why they think its going to be 60,000 or any other price because I think a lot of people are just throwing numbers out there acting like they know stuff but actually do not and they cause many people to invest and lose money.

It is not just a throw away of numbers, because everyone have certain thought about the price connected to the ongoing market changes. It can be the price movements, the level of adoption, etc. Myself have a thought the price will grow, but won't mark a new ATH this year. I make this prediction connecting to the growth that happened after the previous bull market.

But it is hard as well to compare it with previous bull run because of so many entities involved right now. The adoption is very different as compared couple of years ago. This is why speculating in this market is quite hard because there are so many variables in play. But one thing for sure, if countries keep on patronizing the usage of bitcoin aside from top companies continuing to buy their btc stash, btc market will grow and may achieve another ATH. Maybe not this year but in the years to come.

Topic: It's not the end, $60k again - page 2. (Read 1172 times)