It's not the end, $60k again - page 3.

Wawa2013

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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.

It is true that it must be admitted that it is quite difficult to predict the price of Bitcoin, but if we can do analysis and research properly about
Bitcoin price movements. At least there's a prediction we can get, although not 100% accurate, at least the prediction is able to be a consideration
for the decisions we will take. So it's not just a throw away of the numbers, everyone has their own way of predicting Bitcoin prices. We should
respect everyone's predictions, as we maintain good relations within the crypto community, at least it will have a positive effect on the market.
I'm one of those who believe Bitcoin will soon return to $60k, it was seen a few days ago the price of Bitcoin finally passed the resistance at $40k.
This means that there is a possibility that the Bitcoin price will continue to rise towards the next resistance price and eventually return to the $60k price.

Duzter

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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.

STT

legendary

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Possible higher low here is quite bullish for a pullback it wouldnt be as serious as some take it. We are below 2 day and weekly averages but still above 50 day which is far more important for the weight in price action inertia right now

If we can regain the weekly average in yellow and regain the prior closing lows now acting as some short term ceiling it would be some show of strength that might build into a continuation of recent strength. For the moment we're falling back having lost that quick sequence of daily green bars. Dollar index isnt moving up, its a trading move mostly I think.

Macadonian

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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 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.

justdimin

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Quote from: 19Nov16 on August 02, 2021, 08:07:20 AM

Of course we hope that by the end of the year we can reach ATH again, by looking at market conditions that continue to improve, I have no doubt that by the end of the year we can reach ATH and even we can get new ATH, so always be optimistic and don't panic when prices drop again like now is the key to get huge profit.

Yeah, we are seeing those type of rise and fall once again and that is what matters the most, I personally believe that we should not be focusing on anything but the current situation and the current situation shows that we are very bullish.

By considering the recent $42k spike, just like two weeks ago or even sooner we were talking about as low as 28k dollars, that means we have increased 14k give or take and that is around 50% increase all inside one week. That should tell you how bullish bitcoin is, I know that many people do believe that we should not be focusing on anything this short term and we should be focusing on a longer term deal and as a long term investor who doesn't sell at all, I should not be happy about these small victories and look at the bigger picture but things looking like clicking right now and I am happy about it anyway even though I am a long term investor.

19Nov16

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Quote from: asrinur on August 01, 2021, 08:33:02 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?

After experiencing a decline in price a few weeks ago, the price of bitcoin has started to rise again and has already broken through $41k. I think the price of Bitcoin is still continuing its upward trend. do not rule out if the end of this year the price of bitcoin has the opportunity to rise back to $ 60k or more than that. Therefore, there is still an opportunity for you to enter to buy bitcoin at this time. My advice is to take advantage of the opportunity you have and never waste it if you don't want to regret it later.

Of course we hope that by the end of the year we can reach ATH again, by looking at market conditions that continue to improve, I have no doubt that by the end of the year we can reach ATH and even we can get new ATH, so always be optimistic and don't panic when prices drop again like now is the key to get huge profit.

asrinur

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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?

After experiencing a decline in price a few weeks ago, the price of bitcoin has started to rise again and has already broken through $41k. I think the price of Bitcoin is still continuing its upward trend. do not rule out if the end of this year the price of bitcoin has the opportunity to rise back to $ 60k or more than that. Therefore, there is still an opportunity for you to enter to buy bitcoin at this time. My advice is to take advantage of the opportunity you have and never waste it if you don't want to regret it later.

Pamadar

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Quote from: Dhaniii on July 31, 2021, 10:08:59 AM

Quote from: chikading2016 on July 31, 2021, 12:54:12 AM

Price that is going to up and down is normal, crypto is high on volatility and the holders always win. I believe that we need to control our self emotion because sometimes when the price dump we can really think that it is the end of everything but if we have patience and we can hold the token that we buy maybe we can earn.

what an investor needs to understand and learn, he can buy bitcoin when the price drops at a low level and be able to sell at a high price, that's just great. we all know the crypto market has high volatility and the risk is very high, even more amazingly we are able to analyze the movement of bitcoin when it is time to buy and when to sell.

Need to have a lots of time to analyze and understand how the market moves,
It will surely works well if you manage to anticipate the next market movements, aside from those charts and earlier market movements,

There are also whales that you need to ride along their influenced is quite higher as they can create artificial pump and so with artificial dump.
But as long as you are willing to learn things out then there are good patterns to follow for the best outcome of your investment.

Furious 7

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Quote from: Dhaniii on July 31, 2021, 10:08:59 AM

Quote from: chikading2016 on July 31, 2021, 12:54:12 AM

Price that is going to up and down is normal, crypto is high on volatility and the holders always win. I believe that we need to control our self emotion because sometimes when the price dump we can really think that it is the end of everything but if we have patience and we can hold the token that we buy maybe we can earn.

what an investor needs to understand and learn, he can buy bitcoin when the price drops at a low level and be able to sell at a high price, that's just great. we all know the crypto market has high volatility and the risk is very high, even more amazingly we are able to analyze the movement of bitcoin when it is time to buy and when to sell.

I know about the advice but how can investors survive when the market is receding in whether it's possible to think it's good to rake in more bitcoins or is it just a bad view that bitcoin will die? I guess some investors still can't understand this and now the luckiest thing is to take advantage of the moment when the price was still $30k and now it's over $40k+ meaning investors are sure this will definitely recover soon after many thought it would be a bear after the news bad.
I will not be influenced by anyone's words, the important thing is that my analysis is strong with when to buy and sell.

Dhaniii

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Quote from: chikading2016 on July 31, 2021, 12:54:12 AM

Price that is going to up and down is normal, crypto is high on volatility and the holders always win. I believe that we need to control our self emotion because sometimes when the price dump we can really think that it is the end of everything but if we have patience and we can hold the token that we buy maybe we can earn.

what an investor needs to understand and learn, he can buy bitcoin when the price drops at a low level and be able to sell at a high price, that's just great. we all know the crypto market has high volatility and the risk is very high, even more amazingly we are able to analyze the movement of bitcoin when it is time to buy and when to sell.

chikading2016

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Price that is going to up and down is normal, crypto is high on volatility and the holders always win. I believe that we need to control our self emotion because sometimes when the price dump we can really think that it is the end of everything but if we have patience and we can hold the token that we buy maybe we can earn.

Obito

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Quote from: ILuckyGuyI on July 24, 2021, 09:32:51 AM

It's still not the end of anything. The market is just having a bad period. It seems to be starting to recover now though. I've really missed to see the market as green. It's hard to predict whether this rise will continue for Bitcoin price. This means that the rest of the coins will also continue to rise. I wouldn't say no to a new ATH in Bitcoin price. But as I said, it's early to talk about things like this.

Exactly, ending gives the wrong impression that there's a destination in the market and that we are slowly arriving at that point, it's more like as @|LuckyGuy| said, it's just on the patch right now but it will inevitably recover.

Mahanton

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Quote from: jaberwock on July 28, 2021, 02:02:19 AM

Quote from: Reatim on July 23, 2021, 09:02:11 PM

Too late is being used by those investors that has enough allocated funds in which their target price already passed and that is why they called it too late though it does not mean they will never buy again.

I am lucky enough that I never go fully into something and always have a bit of money saved aside to keep going into crypto when it goes down, however this time around I am done, I did buy a lot from 30-33k levels but that’s about it, I do not have anything left, sure I will reinvest when I get my salary, and will probably keep it there for a while for the first time ever instead of investing just a small part of it because I will not be needing that money for the first 10 days of august, so I can keep it there but then I will take it out, it’s a risky move that I have never done before, it will either mean I will make some money but if there is a big fall then I will lose it but I am fine with it, this time around my wife got a bit of money thankfully from a commission she made and we do not really "need" my money, still would be good to grow it of course Cheesy

.

Im accumulating too when it hits 29k-33k price which i do tend to use up my savings for that even though its risky but look at on where we now? We had already touched 40k and it isnt really that a long time
wait but i didnt really take out profits and would instead accumulate while the market is really recovering.If we do able to hit 60k as ATH then there would be always a chance on breaking out those ATH's
and would set an another Ath in near future even though it isnt really still determined on when but at least we have seen similar scenario or could really compare on what happened in the past.
Always remember that we should only invest on the amount that we can afford to lose.

jaberwock

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Quote from: Reatim on July 23, 2021, 09:02:11 PM

Too late is being used by those investors that has enough allocated funds in which their target price already passed and that is why they called it too late though it does not mean they will never buy again.

I am lucky enough that I never go fully into something and always have a bit of money saved aside to keep going into crypto when it goes down, however this time around I am done, I did buy a lot from 30-33k levels but that’s about it, I do not have anything left, sure I will reinvest when I get my salary, and will probably keep it there for a while for the first time ever instead of investing just a small part of it because I will not be needing that money for the first 10 days of august, so I can keep it there but then I will take it out, it’s a risky move that I have never done before, it will either mean I will make some money but if there is a big fall then I will lose it but I am fine with it, this time around my wife got a bit of money thankfully from a commission she made and we do not really "need" my money, still would be good to grow it of course Cheesy

.

zanezane

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Quote from: ILuckyGuyI on July 24, 2021, 09:32:51 AM

It's still not the end of anything. The market is just having a bad period. It seems to be starting to recover now though. I've really missed to see the market as green. It's hard to predict whether this rise will continue for Bitcoin price. This means that the rest of the coins will also continue to rise. I wouldn't say no to a new ATH in Bitcoin price. But as I said, it's early to talk about things like this.

You're right, people always saying it's the end or it's not yet the end as if there's going to be an end in this market, and even if there's one, I don't think that we will be seeing that end in about a half century or even a century. I hope that this isn't the biggest rise yet because I feel like this is just a temporary increase in the prices and I feel like we need to be cautious in treading the market because a lot of people have fallen for this kind of trap of thinking that the prices will continue to rise and them ending with losses because the prices slumped down again after a brief rise.

carrigan

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Quote from: ILuckyGuyI on July 24, 2021, 09:32:51 AM

The market is just having a bad period. It seems to be starting to recover now though.

True. We are in the downtrend phase. The next phase can be another uptrend if the market can recover. But I am not sure to say the market recovery is starting already. There is a chance that this downtrend to last a longer time, maybe need several months again. Although some experts stated about a big chance of another uptrend in Q4 of 2021, it is something unpredictable. The worse scenario can happen, so you also need to prepare if it is the beginning of the bearish season.

STT

legendary

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We recovered back to meet the still descending 50 day average. It might be all at once we recover price action upwards again but I think it will take more time to transform the nature of movement from sideways as we still remain presently into having momentum once again upwards. So the direction of the moving averages might matter more then the pricing alone, they are indicators really not resistance as roughly appears on the graph here thats just short term reaction.

dunfida

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Quote from: ILuckyGuyI on July 24, 2021, 09:32:51 AM

It's still not the end of anything. The market is just having a bad period. It seems to be starting to recover now though. I've really missed to see the market as green. It's hard to predict whether this rise will continue for Bitcoin price. This means that the rest of the coins will also continue to rise. I wouldn't say no to a new ATH in Bitcoin price. But as I said, it's early to talk about things like this.

Common reaction for most people,they freak out when its dumping but they do have a boost up when its starts to recover which is a common behavior and not surprising.

When people would really realize and get used to it? As long market moves then theres always a tendency or chance that it could dump or reach out new all time highs.

This market would never end as long the demand would be continous.It is just a matter of time neither a new or still bitcoin would able to take the lead.

LUCKMCFLY

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There is very good news, because BTC has a great bullish style movement, in addition to having appeared in the Olympics by the delegation of El Salvador, also some statements by Tesla, which something helps, the BTC is giving excellent indications to continue going up:

Quote

On the 4H chart, the rise of the main crypto is going on against the declining trading volume. It means that a slight correction may occur near the closest resistance around $34,000. Despite this, the mid-term scenario remains bullish.

Source: https://u.today/bitcoin-btc-price-analysis-for-july-24

I would like BTC to reach $60k again, but it is a matter of waiting to see how things continue to develop, the bears seem to be losing strength, which is something positive, however, do not neglect, any scenario is possible .

ILuckyGuyI

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It's still not the end of anything. The market is just having a bad period. It seems to be starting to recover now though. I've really missed to see the market as green. It's hard to predict whether this rise will continue for Bitcoin price. This means that the rest of the coins will also continue to rise. I wouldn't say no to a new ATH in Bitcoin price. But as I said, it's early to talk about things like this.

Topic: It's not the end, $60k again - page 3. (Read 1170 times)