It's not the end, $60k again - page 5.

Marvelman

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Quote from: TravelMug on April 12, 2021, 08:10:10 PM

Quote from: Marvelman on April 12, 2021, 04:55:11 AM

Quote from: Reatim on April 12, 2021, 04:29:21 AM

Yeah multiple times now that Bitcoin breaking 60k and then falling down to 58k again and I doubt that if we will not break that 62k $ surely the value will fluctuate again.

I believe bitcoin has just broke into new territory... $60k is now a support line. It is still early this bull run, it will break new territory at some point this year. The way bitcoin is now, I don't believe this bull run is over by any means, as I believe there is still potential to see it hit $70k and above in 2021. However, until a clear break of the support line is observed then I see no reason to initiate a sell strategy.

We will have to see it first, the last time we broke into $60k++ territory, it didn't hold that much. So it's hard to say that $60k will be the support line as the price is fluctuating and I saw that it dip to $59k. I hope that this week will be a good rally and will see the price above $60k and a new all time high.

But it seems that we can't breach above $60k and on the contrary many are selling. Although it's hard to see the price somewhat stabilising in this region, I'm sure that another break out run will happen sooner or later.

We seem to have had a breakout run even before I expected. I hope $60k support line will hold out this time.
I guess the price triggered Coinbas's Public listing, but I don't plan on selling because I don't think it's over yet. Everything looks good for now.

ultrloa

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Quote from: Kittygalore on April 13, 2021, 02:55:01 AM

If bitcoin prices stay at 60k mark for a week, I am pretty sure that it will reach 70k mark real fast like what it did when it was around 20k, it glided at 30k and then a resistance at 40k and then a glide at 50k and so on.

The $70k mark os quite possible as bitcoin is crazily doing an outstanding job right now and as of this moment many user still seeing a good trajectory interms of techinical alayzing for the future price so expect more from it as the target speculater price is $100k until the end of this year so hopefully this one will be achieved since bitcoin will make a noise again in mainstream if this will happen.

FanEagle

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Quote from: Kittygalore on April 13, 2021, 02:55:01 AM

If bitcoin prices stay at 60k mark for a week, I am pretty sure that it will reach 70k mark real fast like what it did when it was around 20k

It is already testing $63 marks hence we can expect to breach $70 marks within this week. Yeah, it is really moving fast but in percentage wise, it must be usual movement; an asset with $60k price level moves 5% a day means which will cover at least $3k movements and that seems too faster for all of us.

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

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.

$100k marks seems a definite target for right now but the real concern would be what would be the price range by the end of this year; because usually by year end, bitcoin markets set its ATH for next 3 years or until next halving. So, I am curious how far this bull run will reach. Like most other people speculate, I am also confident about testing $400k levels before end of this year. If we reach $100 within this April then $400 will be possible before end of this December.

FanEagle

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Quote from: Kittygalore on April 13, 2021, 02:55:01 AM

If bitcoin prices stay at 60k mark for a week, I am pretty sure that it will reach 70k mark real fast like what it did when it was around 20k

It is already testing $63 marks hence we can expect to breach $70 marks within this week. Yeah, it is really moving fast but in percentage wise, it must be usual movement; an asset with $60k price level moves 5% a day means which will cover at least $3k movements and that seems too faster for all of us.

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

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.

$100k marks seems a definite target for right now but the real concern would be what would be the price range by the end of this year; because usually by year end, bitcoin markets set its ATH for next 3 years or until next halving. So, I am curious how far this bull run will reach.

Kittygalore

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If bitcoin prices stay at 60k mark for a week, I am pretty sure that it will reach 70k mark real fast like what it did when it was around 20k, it glided at 30k and then a resistance at 40k and then a glide at 50k and so on.

rhodelmabanal

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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 think it is still a good time to buy some more, for me i see that bitcoin price continue to rise and i believe that 100k$ at the last quarter of the year is posible, so i want to buy more for i believe that i can still earn on the last quarter. But it still depends on the investors if they will trust and buy some or not.

TravelMug

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Quote from: Marvelman on April 12, 2021, 04:55:11 AM

Quote from: Reatim on April 12, 2021, 04:29:21 AM

Yeah multiple times now that Bitcoin breaking 60k and then falling down to 58k again and I doubt that if we will not break that 62k $ surely the value will fluctuate again.

I believe bitcoin has just broke into new territory... $60k is now a support line. It is still early this bull run, it will break new territory at some point this year. The way bitcoin is now, I don't believe this bull run is over by any means, as I believe there is still potential to see it hit $70k and above in 2021. However, until a clear break of the support line is observed then I see no reason to initiate a sell strategy.

We will have to see it first, the last time we broke into $60k++ territory, it didn't hold that much. So it's hard to say that $60k will be the support line as the price is fluctuating and I saw that it dip to $59k. I hope that this week will be a good rally and will see the price above $60k and a new all time high.

But it seems that we can't breach above $60k and on the contrary many are selling. Although it's hard to see the price somewhat stabilising in this region, I'm sure that another break out run will happen sooner or later.

Shasha80

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Seeing Bitcoin's performance in recent days which is quite stable at the price of $ 60k, this should be a good sign and the Bitcoin price could
go even higher. I believe that by the end of this month Bitcoin will reach a price of $ 70k, so don't be in a hurry to sell the Bitcoin we have now.
Very sorry if it is true that the price of Bitcoin can go up as predicted by many people and we decided to sell it at the current price. If we want
to buy Bitcoin now, it doesn't really matter, but it is wiser to buy Bitcoin when the price of Bitcoin is high. This means that buying Bitcoin can be
done in stages, in case the Bitcoin price suddenly falls, even if it is very small it could happen.

Lanatsa

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Quote from: Marvelman on April 12, 2021, 04:55:11 AM

Quote from: Reatim on April 12, 2021, 04:29:21 AM

Yeah multiple times now that Bitcoin breaking 60k and then falling down to 58k again and I doubt that if we will not break that 62k $ surely the value will fluctuate again.

I believe bitcoin has just broke into new territory... $60k is now a support line. It is still early this bull run, it will break new territory at some point this year. The way bitcoin is now, I don't believe this bull run is over by any means, as I believe there is still potential to see it hit $70k and above in 2021. However, until a clear break of the support line is observed then I see no reason to initiate a sell strategy.

You cant say that it is already the new support line basing of on the movement that it could still go below $60k but somewhat it doesn't able to go dip down that much
and do only hover in small gaps in 60k price point which I do somewhat agree for this possible next support.

For now lets wait for some breakout on 60k price and hover in 65k level to call it the new floor but for now the price seems a bit stabilized with these levels

which is actually a bit hard to make out positions when you do make out short trade.Price could possible correct into this area.

sunsilk

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Quote from: KTChampions on April 11, 2021, 03:33:47 PM

Quote from: sunsilk on April 11, 2021, 01:31:41 PM

If the target is $100k then $59k-$60k is a good price to get in. There will be some doubts that it could go higher if people think that $61k was the top that bitcoin can ever reach. But if we compare to the other past levels that we've met.

We've thought of the same thing that it was the peak that bitcoin can do. The market has just reached $2T in the market cap itself and this is just another milestone that shows that we're on the train that's not going to stop anytime soon.

I can't talk about global prospects, but given how governments flood all markets with liquidity, we can assume that everything will continue to grow (both bitcoin and the stock market). One has only to remember that sooner or later the reverse phase of this phenomenon will come and at this moment all markets will fall. A real hodler can just wait it out, but the ideal version of which all investors want is to sell at the maximum price and then buy it back cheaper.

You're actually right with the growth for both markets and just recently there's a record high for both of them. For stocks, it has reached a $90-T market cap. Whilst for crypto, $2T for its entire market cap.

I'm preparing myself if ever that time comes that this high would stop and a massive correction would come. But from the looks of itself, that doesn't look happening anytime soon but if it will do, another time to endure all of the red days again in the market and time to stack some more sats.

Scripture

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Quote from: Golftech on April 12, 2021, 02:31:37 AM

Quote from: arufox on April 11, 2021, 06:44:41 PM

Your title is not the end, Really who says it's the end?? You should know that bullrun still early and based on the history, we will in the bullrun season until the end of the year, so you should stop to become panic and weak. You should strong and buy Bitcoin and altcoin as much as you can, I see a lot of correction of Bitcoin but I never say it's the end

Another bounce is happening right now and Bitcoin value is once agin above $60K, you should stop panicking if

you don't want to missed your opportunities and also not lose your money, buy and collect those coins that you

think may have a good potentials together with your Bitcoin investment. Lots of oppotunities just asess and make

sure to keep your patience high.

Despite of those predictions about Bitcoin being on a consolidation mode and altcoin season will take place, Bitcoin still prove to us that he's the king and he can dictate the price of the market at an instant so I this is not the end yet because the bull run will continues same thing with the altcoins. We have no reason to panic, the market is still good but we have to be always ready for the corrections, because it can't be stop.

Marvelman

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Quote from: Reatim on April 12, 2021, 04:29:21 AM

Yeah multiple times now that Bitcoin breaking 60k and then falling down to 58k again and I doubt that if we will not break that 62k $ surely the value will fluctuate again.

I believe bitcoin has just broke into new territory... $60k is now a support line. It is still early this bull run, it will break new territory at some point this year. The way bitcoin is now, I don't believe this bull run is over by any means, as I believe there is still potential to see it hit $70k and above in 2021. However, until a clear break of the support line is observed then I see no reason to initiate a sell strategy.

Reatim

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Yeah multiple times now that Bitcoin breaking 60k and then falling down to 58k again and I doubt that if we will not break that 62k $ surely the value will fluctuate again.

What about other altcoins ? does the chance of climbing will be in topic once Bitcoin did not break that ATH?

Quote from: arufox on April 11, 2021, 06:44:41 PM

Your title is not the end, Really who says it's the end??

Are you reading and understand the topic?

Quote

You should know that bullrun still early and based on the history, we will in the bullrun season until the end of the year,

HISTORY? what history? and who told you that Bullrun will continuously this year?

Quote

so you should stop to become panic and weak.

Stupid Noob, did OP show some weakness and Panicking? OP is Boosting bitcoin supporter .

slaman29

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Quote from: Kelvinid on April 11, 2021, 08:48:50 AM

Quote from: slaman29 on April 11, 2021, 08:00:33 AM

I think people are always scared when it comes to retail buyers/speculators who have no intention of holding and are just storing their BTC on exchanges like Binance. They're always putting and adjusting their sell prices for sure, and some of them panic when 60k is not being broken, that's all.

Maybe this is it after all but that's okay for us who'll be here in 2025;)

And more often these people will go into panic selling and FOMO buying.

But to understand that they are also a trader, so they will usually make an adjustment as that the only way, every step-up and step-down of the prices gives an opportunity to gain profit. So I can't blame them for doing this because that is how the trading works. We can never expect them to hold longer but they mostly come along with the trend and immediately sell their coins when seeing some profit.

Only investors will think and hoping that Bitcoin will reach $60k, $80k, or $100k. And not all of us here are investors.

Panic selling and Fomo buying are together the entire basis of 99% of crypto markets history I would say! Even for Bitcoin in the beginning and until recently it was heavily affected by retail panic/fomo. Now institutions are in the same game I guess BTC is less fragile and less inflexible when it comes to that sort of spike but still, watch daily charts and see how easy it is for prices to just jump up or fall down. Fomo is still a very powerful factor:)

Golftech

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Quote from: arufox on April 11, 2021, 06:44:41 PM

Your title is not the end, Really who says it's the end?? You should know that bullrun still early and based on the history, we will in the bullrun season until the end of the year, so you should stop to become panic and weak. You should strong and buy Bitcoin and altcoin as much as you can, I see a lot of correction of Bitcoin but I never say it's the end

Another bounce is happening right now and Bitcoin value is once agin above $60K, you should stop panicking if

you don't want to missed your opportunities and also not lose your money, buy and collect those coins that you

think may have a good potentials together with your Bitcoin investment. Lots of oppotunities just asess and make

sure to keep your patience high.

beerlover

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Quote from: jostorres on April 11, 2021, 08:57:16 AM

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

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.

Personally (not based on any of technical) I expect bitcoin prices to double in coming 2-3 months. I agree $100 mark would be the next target (most probably we may see another pullback around $80k levels but it may not sustain for long) but with next bull run toward $100k levels will last up to $120k levels but it will most probabaly happen within the second quarter of 2021.

I do agree that 100k will be the next target but I do not believe that it will happen as soon as people hope it will be. There are people who think 100k will happen this month for example, because April is usually a great month for bitcoin, but the reality is that it has already gone up so much that it may fail to go up that much again, on previous years April was great because February and march wasn't always this great, this year February and march has been amazing and that is why April may not be that great.

I still believe that we will see an increase this month, and I still believe that we will see 100k in the future, I just think that it will not be this month. And there are waaaay too many people in the crypto world, we used to be a niche thing and now we are a very global mainstream thing, that is going to impact the prices even further later on.

arufox

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Your title is not the end, Really who says it's the end?? You should know that bullrun still early and based on the history, we will in the bullrun season until the end of the year, so you should stop to become panic and weak. You should strong and buy Bitcoin and altcoin as much as you can, I see a lot of correction of Bitcoin but I never say it's the end

Hamphser

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Quote from: Hippocrypto on April 11, 2021, 05:55:13 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?

Let's not celebrate early, we might not be certain if the price would remain consistent this month because volatility still existed. The price indeed spoke at $62k but quickly goes down after, so it's not guaranteed to get in while it was still so high for now. Maybe patience is our key for a meanwhile, wait until $50k down to $40k is visible them buying back would be a good options to do so.

Yes, there is indeed a sell order into those levels which is expected that lots of people had entered below 55k price which its already anticipated.

For now, for we do able to break these resistance we do really need some sort of bullish news or events of recognition or adoption so that the price will shoot up into those new highs.

Thing here is that we dont hope that much or expect because it will just frustrate us.Better to ride with those waves and actively buy and sell.

Hippocrypto

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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?

Let's not celebrate early, we might not be certain if the price would remain consistent this month because volatility still existed. The price indeed spoke at $62k but quickly goes down after, so it's not guaranteed to get in while it was still so high for now. Maybe patience is our key for a meanwhile, wait until $50k down to $40k is visible them buying back would be a good options to do so.

wxa7115

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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?

At this point it should be obvious that there is nothing that can stop bitcoin, the bears have tried by all means possible to try to make the price of bitcoin to fall below 50k and they failed, now they are running out of money and the price is still very close to the 60k level, miners are still accumulating their coins at an even higher rate, institutional investors are still buying some bitcoin and governments are still in a really bad shape because of the pandemic.

Every single indicator that you may want to look at is pointing at a one single direction and that is for the price of bitcoin to go up, if anything I think your expectation that bitcoin is going to reach 100k soon is kind of low because bitcoin can go a lot higher in the short term.

Topic: It's not the end, $60k again - page 5. (Read 1172 times)