Topic: once again the market is trying to break the resistance - page 3. (Read 469 times)
But its quite skeptical, because there's a lot of negative views behind of this situation of the market. And i hope it will not happen because most of the coin in the market is showing greeen again and tbh this is the first time that they're really showings positive sign to grow up.. And one thing is for sure if bitcoin fluctuate again or it will decrease more after making progress. Because for sure most alts will follow after when something bad happens..
There is nothing new about this recovery but be assured that the finally movement is way down, there is nothing new to keep the market on a new bull run level anymore but honestly I do hope something new comes up but my judgement is just the reality
I didn't get my hopes up too high. it could just be a momentary recovery and back down. the current market is difficult to predict so don't be easy to believe. After all this is not the first time last month bitcoin and other altcoins have experienced the same thing. but in the end it just became another downturn.
It is going to make another rally and if bitcoin gets back to $40k that will be the sign that we're again for another run which might lead to $50k-$60k again. And those prices are the prices that we've been waiting to be seen again. Good for those people that have loaded up when bitcoin was $29k and when Ethereum was $1700. See, that's the difference between buying during the dip and buying only when the price goes up. It is better to be prepared most of the time and take those opportunities that we see in the market as the prices go on low and we only have to wait until it goes back again higher.
A bunch of news already contributed a lot to this recovery and it seems like if we will able to break 40k resistance and the way to go to the new ATH will be even bigger than before. The people were rushing to buy in the market and they will be creating another FOMO again. I love the pattern that has already been created by bitcoin and the fact that if it's very strong right now. I hope that more and more good news will be rolling out.
I feel that we will see 40k next week.
I feel that we will see 40k next week.
Dont get foolish by this market move. Wait for few days before "putting all eggs in one basket". This might be a short-term trick. Wait for market reaction and do what you have planned.
I see two scenarios right now. In 1-2 weeks the hype will be gone and the market will return to where it was in mid July. Or the repeat of "Elon Musk story", the same that was in November. The time when he announced Tesla accepts Bitcoin as a payment and announced investments. This time there is SpaceX instead of Tesla. We could see a repeat of a winter growth.
I see two scenarios right now. In 1-2 weeks the hype will be gone and the market will return to where it was in mid July. Or the repeat of "Elon Musk story", the same that was in November. The time when he announced Tesla accepts Bitcoin as a payment and announced investments. This time there is SpaceX instead of Tesla. We could see a repeat of a winter growth.
In 2018 It fell from $20 to 10k and then went back up to $15-16k and again went down to below $10k if I remember right. This might be the beginning of a similar movement. I don't think there is enough juice left in the markets to make a new ATH.
some people think that 2021 run is similar to 2017, where there are some downs here and there. which one is true, we don't really know. let's wait and see how it will play out. i'd be more than happy even if we fail to break ath but stays above $50k so my shitcoin can do its thing. 
Finally it's so great to see the resistance being surpassed by investors trust that continues to build towards btc and altcoins. We are in uptrend from here imo. We should see btc at about 42k range this week imo and following week we'll see another push for 50k and beyond imo. Great news for investors.
You know right now the market is trying to recover. this can be seen from the price of bitcoin which rose to 38k, followed by ethereum, bnb and other large altcoins which experienced a significant increase today. once again bitcoin tries to break the resistance, after several failed attempts. here's another chance to break the 40k price tag. so does ethereum, last week ETH fell below 2k. but the situation did not last long and the price shot up to its current price. if the situation is favorable whether the market will start another rally.
I wouldn't get my hopes too high. It could be a bull trap.
In 2018 It fell from $20 to 10k and then went back up to $15-16k and again went down to below $10k if I remember right. This might be the beginning of a similar movement. I don't think there is enough juice left in the markets to make a new ATH.
Everything goes up when BTC rises, and that is the way it should be. You could call it another pump-and-dump scheme. It helps you improve your position, so it's not a bad thing. No matter what ETH's position is month over month and if it doesn't rise - I'd still happily buy ETH at the lower rate for the long run. I have no confidence in this dramatic price surge. There's something fishy going on. Right now, it would be foolish to spend on any crypto.
I think it's happening, and I hope we have a very happy week with the markets. The new trend of playtoearn is stimulating many new and returning people to the market. I think if there are no surprises, bitcoin will be somewhere between $40k-45k and all altcoins will go up with it.
You know right now the market is trying to recover. this can be seen from the price of bitcoin which rose to 38k, followed by ethereum, bnb and other large altcoins which experienced a significant increase today. once again bitcoin tries to break the resistance, after several failed attempts. here's another chance to break the 40k price tag. so does ethereum, last week ETH fell below 2k. but the situation did not last long and the price shot up to its current price. if the situation is favorable whether the market will start another rally.
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