Topic: It's not the end, $60k again - page 7. (Read 1170 times)

There is a strong resistance on $60k mark or level which you can really expect that there would be some rejection or sell off into this level where we do most likely to have pullbacks or correction.

Try to look on the current price which we do play around 59k.If this price would able to held up for sometime then breaking or trying to breached out that 60k is likely to happen and might

shoot up to 70k.Lets not think about $100k mark or more, it would be much more better and preferred if we do assume up on on gradual phase than on big jumps.

Since bitcoin price touched $62.000 as its new all time high we haven't seen a huge decrease from its price movement. The market movement just make a sideaway market and I have ever made a wrong prediction that the sideaway market will be more impartial to bearish market but I was wrong.

In fact, bitcoin is increasing again and now its price has touching $60.000 again. And yeah, as many people hope and some expert prediction as well bitcoin price movement could reach to $100.000. This is the next all time high that could be reached. And I guess $100.000 can be reached at this year since we still in the same situation when bitcoin price started increase.

Whenever you invest something all you need to know is that you cannot trust these analysis over a period of time and anyone can predict a valuation for the long term and even you can do that and have a time stamp and later on you can also claim that you predicted those valuations well before it touched those. The fact is that we are not having that much data available to make a huge data on the market as it is still fairly new.

By the way the market might rally further but i am not comfortable in investing right now and i would rather wait for a year to see the market direction as the market cannot keeps on rising all the time.

The bullish trend is still ongoing. After being stuck and drop for several moments finally BTC could reach its higher rate again. Although it is lite bit decreasing right now (at this time $59,685.69), I am pretty sure that it will rise back again.
I personally always take profits of several percentage increase from Bitcoin .. . 

This is a pullback to 50% retracement of the move so far so relatively bullish still with profit taking.    Takes a while for price action to digest whats occurred and we'll see how strong it is vs daily bars and weekly which are the real measure of larger money, main markets etc.

Actually every time is preferable for bitcoin. If we avoid now then we will suffer later. We are still waiting for $100k mark and I think it is not far away if we support bitcoin by holding. It is open to enter the market for anyone whatever the price is.

Surely every month bitcoin will experience a good increase, this shows that ATH will continue to be achieved as high as it is because from the beginning of this year bitcoin has experienced an idealistic development even though there are often obstacles to the resistance shown.

Well, it will very likely see the Q1 has hit 60k so the grip should be tight with a lot more benefits with considerable potential I think its holding time is longer with maximum length.

Have seen many important people, it can be said that with predictions above 100k, maybe this will be a real sign? If we are sure do it with a firm grip.

If people really confident about next bull run in bitcoin price, i think it is worth to buy it. I mean, for me maybe this price is already high, so to buy again i will think twice or maybe just hold what i already have. Because i can't make any analysis and only know buy and sell my bitcoin when it is profitable to me.

I would not normally say this when bitcoin (or any other asset) is at its all-time high, but I actually do think now would be a good time to be buying bitcoin.  Why?  Because I don't think the big bull market we've been in for a year is anywhere near over yet.  I'm not sure how much profit there is left to be made for short-term traders, but I think bitcoin is eventually going to go much higher--probably $100k, although I wouldn't venture to guess the time frame in which that's going to happen.

I was a little bit surprised when I woke up and checked the price and saw bitcoin was above $60k.  I guess I shouldn't have been, since it wasn't that far away when I went to bed, but I figured that it might linger in a tight range below $60k for a while before going higher.  So once again my predictions mean nothing.  Pretty sweet!

Before the end of the year, it is not too late to get in so as not to miss the train. If you look at $ 60k today, then at the end of the year you will see $ 100k. Even analytics experts predict over $ 150k. Although I am not very sure about their predictions, however, I still believe that by the end of the year it will touch $ 100K.

Is this something new, unexpected? I don't know if anyone counts how many times the price crossed $60k and bounced back (5-6 times since the beginning of the year?), and maybe the same thing will happen a few more times, who knows... It's really unusual for me that you mention some end, and in fact we just came out of Q1, which will be remembered for the fact that the big players started to invest seriously in BTC - luckily for all of us it took them 10 years to figure it out


It's always a good time in the long run, and I'll say it may not be the best for those who dream of making x10 returns on their investment - although some are talking about $400k and even more by the end of this year. The ideal time to invest is always before halving, because it is followed, as a rule (for now) by a very successful period lasting from 1 to 1.5 years.

The problem for most crypto investors is that they only want a quick profit, look for opportunities in altcoins and very easily fall under the influence of FUD. What else can I tell you except to learn from the past, if you do not want to repeat the mistakes of those investors from 2017/18.

The bullish movement occurred, perhaps now they are testing the supply at these price levels, the bears these movements are making the bears very expensive.





Source: https://www.coininsider.com/bullish-move-bitcoin-price-spikes-above-60000-usd/

Even so, the hopes that Bitcoin will be bullish in the short term, and that a sustained bullish rally may be triggered, that is, it is very likely that this time the bullish trend will last much longer, it may be about to live new highs.

It will always be. I believe it is not the end of the run, in fact, Bitcoin is expected to show good movement this April and it does. Finally, after a couple of weeks of resistance around $57k-$59k is now broken reaching a new ATH is bound to happen any moment.  A lot of people also believed that Bitcoin would reach the $100k mark and I think it is possible because there are still few institutions are accumulating, this will push Bitcoin at the top so keep holding your stash it will surely be rewarding.

What?? Haha  of course its not the end. Nobody serious into bitcoin thought that was the end. I dont know why people get so hyped up about predicting a bear market constantly. Everything that has been going on suggests this is the beginning of the bull market. Any one with cash sitting around should have been DCAing in during these whole last two months of $40,000s and $50,000s ranging. Some people seem to really not understand whats happening here. $50k or $60k is nothing.

If you're a hodler you haven't once thought of selling yet. Getting in at $50k or $60k or $100k or $150k means youre a bitcoin early adopter. Thinking about selling at $60k means you want to get out before things start getting interesting. As a bitcoiner the only thing you should be thinking about now is that you need to keep stacking sats now that the world is just barely starting to take bitcoin seriously. Five figure prices will not last long. Six figure prices should last a good number of years but that is still a transition stage. 7 figure prices (over $1 million) is when bitcoin price is maturing. As a hodler thats what you're waiting for to start spending your bitcoin. Personally I plan on allowing about 10% of my bitcoin to be spent well up in the 6 digits, and the other 90% probably wont be even touched until bitcoin is at 7 digits. Because at that point even very large purchases take only a tiny fraction of a bitcoin.

Anyone who is worried about current prices needs to stop having a short term mentality and start thinking about bitoin long term. So no, this isnt the end, this is the beginning.

Yes, it did reach $ 61k in some exchanges. The top price on Bitfinex and Bitstamp was just over $ 61,200 as far as I could see but it didn’t last for long.

So this rally is not solid yet. If bitcoin doesn't reach $65k today, it's possible the rally will come to an end.

Did it really reach $61k in the current rally (last 12 hours), because the highest I've seen is $60,900.

I don't think though that we are going to see a stable price of $60k, it's either to and continue to rally to $65k or we will see a slid again to a support of like $57k. So there's a lot of time to go and buy for long term. Hard to short at this kind of rally as obviously, shorting will get you rekt.

It works in both way. Imagine, you are entering into the 1st support, for example, @$54000, it can go in other direction too. Instead of rising, we may have to look for the next support.
On the other hand, if resistance is broken, there’s chance that it may go higher, so, that's a good point to take entry too.

Anytime is the right time to get in the market, you can wait all you want but if the market continues to increase then you are just losing more bitcoin that you could have bought, and if the prices were to go down who knows that it is the lowest because we will know about it when it finally passes so with this uncertainties surrounding the market, waiting for the perfect moment isn't going to be good for you.

It only shows that bitcoin was very unpredictable and our technical analysis wasn't always right. I do believe that everyone also hope for a price correction of bitcoin to be able to take advantage to buy but no one hopes that this price correction may took too long to recover. But then what the bitcoin market have shown us now I guess we are now welcoming another ATH this month and I think like what the month of March, bitcoin market price within a whole month will be plays in the range of $60k i hope.

After reaches $61k-$62k, the price is down again and stable at $60k. That is a good news to us because finally, bitcoin price can back to $60k and I hope the price will not go down again but it will increase more and break $65k. If the price can really rise to that prediction price, it will attract more investor because they do not want to be late to invest in the bitcoin. The price will not just stop to the price now because sooner or later, the price will have another rally to break the new ATH.