It's not the end, $60k again - page 8.

hatshepsut93

legendary

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The volume is on the lowest lows since the start of this bull run, which might mean that a huge price action is coming, and with the momentum that we see now, it's likely the push towards $70k that will be coming in the next few days.

Quote from: NeuroticFish on April 10, 2021, 05:28:03 AM

The week may be indeed interesting, since I think that the last downtrend was somewhat unnatural, based on how much bitcoin is leaving the exchanges.

Coin outflows isn't a perfect indicator though, and this range around $60k has been a big point of resistance for quite some time already, so it's not that strange that fluctuations happen around it.

NeuroticFish

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Quote from: buwaytress on April 10, 2021, 03:59:09 AM

I thought it would happen last weekend but it's here now.

Me too, especially with the long week-end in some countries.
But it's not too late Grin

And let's see if the ATH will also hold.

The week may be indeed interesting, since I think that the last downtrend was somewhat unnatural, based on how much bitcoin is leaving the exchanges.

XCANA

full member

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We shouldn't forget that weekends are always not too good for bitcoin pump than the week-days, so, there are more momentum for this pump to resurface sometime next week-days IMO, but if it happen otherwise then the month of April will be the most bullish month were we are likely to see some higher figures if not tick the price of $100k. Let wait and watch the next weekdays.

bitterguy28

full member

Activity: 2170

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“FRX: Ferocious Alpha”

Now i can laugh back again after reading some stupid stuff about Bear market and Bitcoin's gonna fall down again badly.

I remember debating couple of times against FUDder here in forum and also outside this forum .

But now at last i can turn back to them Grin

Congrats to those who Keeps Holding , And Sorry for those weak Hands.

Saisher

full member

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

What do you think? Is it still a good time to get in?

It's still is, the projected price is over $100k so $60k is still a good price to get in, if you just got money now and the price is at $60k level, I don't recommends to wait for another dip because that may not happen, I have past experiences where I have to wait for the price to dip only to end up buying at 20% higher, you should be buying when you have the funds and ready.

buwaytress

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I thought it would happen last weekend but it's here now. Still have to see if we can keep above this level for a full 24 or 48 hours and survive all the scalping but it does look like it's a bit stronger than last Sunday.

Now it will be bargain hunting for otcs looking for big buys at this level. Can't wait for Monday. Fun times ahead.

Jating

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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.

Majority of these "experts" predictors really see $100k at the end of the year or at least this is doable. The current lowest low is around $56k this month, and then after that we have been trading sideways, or a period of accumulation. So that's a sign that we might see the price really reaching all time high for this month. Probably $70k for this month.

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

What do you think? Is it still a good time to get in?

Probably is, but for majority the price is too expensive, might as well be just stacking sats through DCA.

LogitechMouse

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

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.

I'm pretty sure many people or I should say newbie investors will agree on it as they are very bullish right now. Include also the fact that many of these so-called analysts are predicting this year that we might see Bitcoin to $100,000 or even higher. As for me, I'm very optimistic and very bullish with regards to the market right now but I'm believing more with the market cycles than these prediction and everything. We might see crypto go even higher throughout the whole 2021 but for me, I would be happy to take profits throughout the whole year with keeping some of my Bitcoins. After all, I'm happy with the profits that I have right now.

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

What do you think? Is it still a good time to get in?

With the current price right now, I don't think so. $60,000 is considered a resistance right now and I don't want to enter in a resistance level. Short term or long term, it would be better if you enter at supports not at resistances.

Poker Player

legendary

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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?

LOL. Of course it's not the end. If you think long-term, it is always a good time to get in. Bitcoin has a long way to go. But I see that you trade short-term because you say you shorted Bitcoin. I prefer to just buy and hold (with DCA). It's already profitable enough. I don't want to increase the risk by playing roulette.

bitzizzix

sr. member

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As most people said in April, bitcoin will show a new ATH and it looks like bitcoin increase is also bringing altcoins up from their previous price.
It looks like bitcoin price will continue to increase gradually towards the new ATH for the next ATH, and there is a lot of good news that could influence bitcoin to continue to increase, and I am very optimistic that the $ 100K price will happen in the next few months and even exceed that price.

STT

legendary

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Buy on momentum into the rise is a trading tactic sure but its also hard to judge if the strategy is purely to surf that wave of buying. Surely all prices are tested at some point and that can be quite severe if there is alot of froth occurring from rapid movements.

Heres the prior movement to the rapid move we've just seen. The base line and mid way is somewhere it should stay above at least to remain bullish in any pull back and 58k is weekly average also quite key

Little Mouse

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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?

Topic: It's not the end, $60k again - page 8. (Read 1172 times)