Topic: ₿ not going below 40.000 (probably) - page 2. (Read 948 times)
We’re terribly close to $40K to have people saying it won’t fall below that level. We seem stuck in a trading range between $33-43K. We’ll need a move well above $43K and to hold it before I’d count out heading back to $33K. We’ll see how things play out. A lot of uncertainty hanging above the market right now with the gox and finex funds set to possibly hit the market in a few months. It’s starting to feel like the moonshot to $200K won’t be happening for a few more years. It is great to see short sellers getting liquidated instead of longs though.
As we enter Maret, I don't think the bitcoin price will drop below $40k again as the crypto market has rebounded and the bitcoin price has returned to the $44k level after the last few months of deep declines. However, in the last few days, the crypto market has started to weaken again and the bitcoin price has dropped to as low as $40k. But I'm sure if the bitcoin price will rise again at least it will reach its price target above $45k in the near futur.
Ah, but if you look at the 4 hour timeframe, we are indeed on the boundaries of $40k. So after a huge rebound in the last week, as high as 12% increased and it goes to $45k almost, the price has been in the decline today. Not sure what happens, but we are dangling around $40k-$41k'ish. I'm just thinking that the sell off had happen because we can't get over the resistance of $45k so we need to reset again to this price. Hopefully it won't go below $40k again because it will be a disaster, just saying.
Yes, Bitcoin never fell like a rock below its initial lowest price before the halving effect ATH market as you claimed but the market is full of possibilities, and the last time i checked the major investor of this current market is the institution which I believe most of them is yet to understand how crypto market works,
If the market replicates the old market correction/blood bath that always happens after Bitcoin halving effect market is over if the institutional investors panic sells their holding we may see the $10K price.
People are very confident about bitcoin's long term potential and therefore probably $10K will not be touched again after ATH $69K. I just think the bottom may be above $20K if the correction continues for the full year, and I think $20K will be strong support for bitcoin before hitting another ATH in the future.If the market replicates the old market correction/blood bath that always happens after Bitcoin halving effect market is over if the institutional investors panic sells their holding we may see the $10K price.
Institutional investors, bitcoin whales, and panicked traders will quickly sway the price if supply is higher than demand. Obviously it will continue to be a determining factor in the price of bitcoin and in fact we never know what will happen to the future of bitcoin including its price. If you believe in good potential in the future, you just need to collect bitcoins now and whenever you can.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
No one can be sure about this. Bitcoin value might fall below 40K or even 10K.
40k is possible from the ATH but 10k? I don't think so.Because I've been here in crypto space since 2016 and to be honest i never see bitcoin collapse from the ATH and fell like a rock, i mean not literally that seems the end is near..
I can't imagine what will be the reaction of some enthusiast if however they saw bitcoin suddenly collapse from 10k and the and current ATH is 60k.
If the market replicates the old market correction/blood bath that always happens after Bitcoin halving effect market is over if the institutional investors panic sells their holding we may see the $10K price.
No one can be sure about this. Bitcoin value might fall below 40K or even 10K.
40k is possible from the ATH but 10k? I don't think so.Because I've been here in crypto space since 2016 and to be honest i never see bitcoin collapse from the ATH and fell like a rock, i mean not literally that seems the end is near..
I can't imagine what will be the reaction of some enthusiast if however they saw bitcoin suddenly collapse from 10k and the and current ATH is 60k.
Why do you think Bitcoin will probably not going lower than 40.000?
because i wanna buy cheaper again lol.
actually i feel sad because of the increase because i thought we are nearing 25k
but its fine because my holding is enough to make me rich if the price reached 100k in future .
for me it does not matter what happen today because it is the future whom will decide for all of us.
buy now and sell later that is the idea we must follow .
No one can be sure about this. Bitcoin value might fall below 40K or even 10K. But if we see the past price movement of Bitcoin, no matter how much the price has fallen the value of Bitcoin has always eventually risen.
~
I disagree though, I'm a bearish person this year, but what we have seen today, the growth itself, convince me that the price could touch $40k again, it's just a question of time. I think the relative strength of bitcoin could settle around $43'ish and that is the price that we could see bitcoin stablised for this year and not below it.
I am also expecting a huge correction this year and the market turning bearish but when the Russia Ukraine war started, the market started dropping drastically but i was skeptical because i was expecting everyone to move their assets to safer ones like BTCitcoin when you are under attack and that is what happened as the market recovered quickly after a sharp decline. Global situation will determine when we will have a major correction.I disagree though, I'm a bearish person this year, but what we have seen today, the growth itself, convince me that the price could touch $40k again, it's just a question of time. I think the relative strength of bitcoin could settle around $43'ish and that is the price that we could see bitcoin stablised for this year and not below it.
Yep, in the last 48 hours, the price remains very solid and there is no sharp decline, meaning not enough sellers in the market. I agree that global situation is sometimes the most important factor whether the price will go down and up. But so far, the war seems to be very positive for crypto market as we might have a good attempt at $40k range.
~
I disagree though, I'm a bearish person this year, but what we have seen today, the growth itself, convince me that the price could touch $40k again, it's just a question of time. I think the relative strength of bitcoin could settle around $43'ish and that is the price that we could see bitcoin stablised for this year and not below it.
I am also expecting a huge correction this year and the market turning bearish but when the Russia Ukraine war started, the market started dropping drastically but i was skeptical because i was expecting everyone to move their assets to safer ones like BTCitcoin when you are under attack and that is what happened as the market recovered quickly after a sharp decline. Global situation will determine when we will have a major correction. I disagree though, I'm a bearish person this year, but what we have seen today, the growth itself, convince me that the price could touch $40k again, it's just a question of time. I think the relative strength of bitcoin could settle around $43'ish and that is the price that we could see bitcoin stablised for this year and not below it.
Bitcoin price has surged in the past week from a price range of $38k to $45k. However, this price did not last long, even now the bitcoin price has dropped back to the $38k range. I thought maybe the bitcoin price would fall back below $35k.
At the moment the market isn't stable and it needs good momentum to push it above $40k. Somehow bitcoin took a fast move and broke $39k range but it wasn't able to move the same way. The price failed to break the $39250 barrier and now trading down to $37k. This is a big time for traders, because the volatility has made a massive difference in the price in short time. Precise prediction will let the user buy low and sell high.
Bitcoin price has surged in the past week from a price range of $38k to $45k. However, this price did not last long, even now the bitcoin price has dropped back to the $38k range. I thought maybe the bitcoin price would fall back below $35k.
At the moment the market isn't stable and it needs good momentum to push it above $40k. Somehow bitcoin took a fast move and broke $39k range but it wasn't able to move the same way. The price failed to break the $39250 barrier and now trading down to $37k. This is a big time for traders, because the volatility has made a massive difference in the price in short time. Precise prediction will let the user buy low and sell high.it's tough to rush yourself and buy your asset. It might take some time before we see new money to flow and bring good positive
pressure, better to keep your calmness up and analyze deeper.
Scalping is still possible if you are willing to take the risk, it's good for those who are good in anticipating the moving market.
Reaching that bearish market is not really the big problem, reaching to bull market is not a goal neither. It is about staying stable enough to actually matter, volatility is not the stable that I am talking about, the stability I am talking about is the reality of regulations and how nations and governments react to it. If we are all still happy with crypto and keep on using it then we are going to end up with a lot better results. That part of adoption and stability is the thing that matters the most.
Russia and Ukraine is not a problem, we are still seeing both nations looking bitcoin positively and doing that even during the war they are having. If that is possible, then we should not be really worried about anything else.
Suffice to agree with what you said but indeed in this case of course we also can't rule out Bullish and Bearish even though it doesn't really have much effect, especially for people who invest for a long period of time but this must also be used for our momentum so that we can increase load there.Russia and Ukraine is not a problem, we are still seeing both nations looking bitcoin positively and doing that even during the war they are having. If that is possible, then we should not be really worried about anything else.
Recognition and stability are also important because this is what most people really look forward to.
In the case of Ukraine and Russia, it may now have quite an impact because now the Invasion has been carried out by Russia and this of course will have an effect not only for Crypto but also for the economy.
Bitcoin price has surged in the past week from a price range of $38k to $45k. However, this price did not last long, even now the bitcoin price has dropped back to the $38k range. I thought maybe the bitcoin price would fall back below $35k.
At the moment the market isn't stable and it needs good momentum to push it above $40k. Somehow bitcoin took a fast move and broke $39k range but it wasn't able to move the same way. The price failed to break the $39250 barrier and now trading down to $37k. This is a big time for traders, because the volatility has made a massive difference in the price in short time. Precise prediction will let the user buy low and sell high.
3. Way more people seems to be very bearish, now. Even a lot of big influencers. Some of them are calling 20.000 $ - 16.000 $.
This is also speculation and most of them are just nonsense because indeed not a few of them are talking but without the existing data and facts.Just do what you want to do. when they reach that price then why? Are we going to panic? Of course it won't be like that.
on the other hand as they get deeper and deeper of course there are those who create momentum like whales getting ready and some people going in and buying at low prices.
Russia and Ukraine is not a problem, we are still seeing both nations looking bitcoin positively and doing that even during the war they are having. If that is possible, then we should not be really worried about anything else.
Bitcoin price has surged in the past week from a price range of $38k to $45k. However, this price did not last long, even now the bitcoin price has dropped back to the $38k range. I thought maybe the bitcoin price would fall back below $35k.
At the moment the market isn't stable and it needs good momentum to push it above $40k. Somehow bitcoin took a fast move and broke $39k range but it wasn't able to move the same way. The price failed to break the $39250 barrier and now trading down to $37k. This is a big time for traders, because the volatility has made a massive difference in the price in short time. Precise prediction will let the user buy low and sell high. 
Bitcoin price has surged in the past week from a price range of $38k to $45k. However, this price did not last long, even now the bitcoin price has dropped back to the $38k range. I thought maybe the bitcoin price would fall back below $35k.
3. Way more people seems to be very bearish, now. Even a lot of big influencers. Some of them are calling 20.000 $ - 16.000 $.
This is also speculation and most of them are just nonsense because indeed not a few of them are talking but without the existing data and facts.Just do what you want to do. when they reach that price then why? Are we going to panic? Of course it won't be like that.
on the other hand as they get deeper and deeper of course there are those who create momentum like whales getting ready and some people going in and buying at low prices.
Why do you think Bitcoin will probably not going lower than 40.000?
Now they have started lower than that for the reasons you have mentioned one of which is the still heated situation between Russia and Ukraine.But there's really no need to be too worried about this, because sooner or later without war, even bearishness will definitely exist as before
I don't know what you mean by that. But human greed never diminishes. If you have 10$ then you can go to how to make 50$ from it. Cryptocurrency is exactly the same. If you have 1 BTC then you will want to make 1 more BTC from it. Because no one wants to lose. But from the stage BTC is in now, it seems that it will remain stable at 42K-45K for some time. After that it can increase or decrease.
40K is once again relevant, if we can keep that as support now it'd be quite bullish but overall its reasonable to expect a greater test then this. We are above the general trend up from the bottom and the momentum of the weekly average but I would not assume we remain so without a test. After we test down we should then be more able to resume upwards.
Ideally its 43k we keep but 42k also would quite positive still.
There's no such thing about strong support but speaking with technical analysis then we could able to point out on what are the probable points that we could see out and now the price had risenIdeally its 43k we keep but 42k also would quite positive still.
back to 44k+ and moving sideways then its really hard to determine on what would be its next move whether it would break 50k resistance or would go back below on 40k support.
It all matters with the demand and this is something we do always look and making out speculations until this very moment from the moment this market had started.
40K is once again relevant, if we can keep that as support now it'd be quite bullish but overall its reasonable to expect a greater test then this. We are above the general trend up from the bottom and the momentum of the weekly average but I would not assume we remain so without a test. After we test down we should then be more able to resume upwards.
Ideally its 43k we keep but 42k also would quite positive still.
Ideally its 43k we keep but 42k also would quite positive still.
Jump to: