once again the market is trying to break the resistance

ibuddy122505

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Quote from: bitgov on August 06, 2021, 01:04:45 PM

Quote from: NeverSop on August 06, 2021, 11:55:14 AM

The market base and bitcoin are educating our community on how to hold. That's the way to make profit value. Fud and fake news will be consumed. Just hold on and be strong when things get weak. Bitcoin is helping to increase market awareness. Optimistic 100k for the end of the year. We might break the $42k area soon Kiss

The $42 barrier will be run over like by a train. If we want the Bitcoin price to reach $100k by the end of the year, we should exceed $50k in August. If some government introduces a ban for cryptocurrencies again, it may be difficult, but if the current fud did not start a bear market, the new ATH is a matter of a few weeks.

So far, $43K has been done, though I'm waiting until $45K is broken before we proceed. We can expect Bitcoin to reach 100k by the end of this year more than we can imagine. A dream is one of the most beautiful things we can do, and Bitcoin allows us to trust our dreams. I predict that Bitcoin will reach $50,000 in a week or less.

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Quote from: NeverSop on August 06, 2021, 11:55:14 AM

The market base and bitcoin are educating our community on how to hold. That's the way to make profit value. Fud and fake news will be consumed. Just hold on and be strong when things get weak. Bitcoin is helping to increase market awareness. Optimistic 100k for the end of the year. We might break the $42k area soon Kiss

For the $42K area on Bitcoin I think it will be very easy to break because now the price is at $42,398.80 which I just saw on coinmarketcap, so I think Bitcoin will soon be $45K within this month.

Silberman

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Quote from: Ezravdb on August 06, 2021, 12:10:03 PM

Quote from: NeverSop on August 06, 2021, 11:55:14 AM

The market base and bitcoin are educating our community on how to hold. That's the way to make profit value. Fud and fake news will be consumed. Just hold on and be strong when things get weak. Bitcoin is helping to increase market awareness. Optimistic 100k for the end of the year. We might break the $42k area soon Kiss

For the $42K area on Bitcoin I think it will be very easy to break because now the price is at $42,398.80 which I just saw on coinmarketcap, so I think Bitcoin will soon be $45K within this month.

We're going to have to wait and see, without a doubt things are looking great with the current price of bitcoin but at the same time we know that the volatility in the market can be extreme and I'm not so sure that the bears are ready to give up that level yet, so while I can understand very clearly why people are very bullish right now and expect for the market to keep growing during the next days and weeks we still need to be careful in the case a flash crash happens.

bitgov

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Quote from: ibuddy122505 on August 06, 2021, 01:18:01 PM

Quote from: bitgov on August 06, 2021, 01:04:45 PM

Quote from: NeverSop on August 06, 2021, 11:55:14 AM

The market base and bitcoin are educating our community on how to hold. That's the way to make profit value. Fud and fake news will be consumed. Just hold on and be strong when things get weak. Bitcoin is helping to increase market awareness. Optimistic 100k for the end of the year. We might break the $42k area soon Kiss

The $42 barrier will be run over like by a train. If we want the Bitcoin price to reach $100k by the end of the year, we should exceed $50k in August. If some government introduces a ban for cryptocurrencies again, it may be difficult, but if the current fud did not start a bear market, the new ATH is a matter of a few weeks.

So far, $43K has been done, though I'm waiting until $45K is broken before we proceed. We can expect Bitcoin to reach 100k by the end of this year more than we can imagine. A dream is one of the most beautiful things we can do, and Bitcoin allows us to trust our dreams. I predict that Bitcoin will reach $50,000 in a week or less.

The mood in the cryptocurrency market is very positive, so I think the results we predict should be achieved without any problems. Of course, unless there are some drastically unpleasant new information for Bitcoin or problems with the fork on Ethereum. Let's keep our fingers crossed that nothing bad happens and that we only watch green charts for the next few months.

bitgov

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Quote from: NeverSop on August 06, 2021, 11:55:14 AM

The market base and bitcoin are educating our community on how to hold. That's the way to make profit value. Fud and fake news will be consumed. Just hold on and be strong when things get weak. Bitcoin is helping to increase market awareness. Optimistic 100k for the end of the year. We might break the $42k area soon Kiss

The $42 barrier will be run over like by a train. If we want the Bitcoin price to reach $100k by the end of the year, we should exceed $50k in August. If some government introduces a ban for cryptocurrencies again, it may be difficult, but if the current fud did not start a bear market, the new ATH is a matter of a few weeks.

conected

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Quote from: Ezravdb on August 06, 2021, 12:10:03 PM

Quote from: NeverSop on August 06, 2021, 11:55:14 AM

The market base and bitcoin are educating our community on how to hold. That's the way to make profit value. Fud and fake news will be consumed. Just hold on and be strong when things get weak. Bitcoin is helping to increase market awareness. Optimistic 100k for the end of the year. We might break the $42k area soon Kiss

For the $42K area on Bitcoin I think it will be very easy to break because now the price is at $42,398.80 which I just saw on coinmarketcap, so I think Bitcoin will soon be $45K within this month.

- The candlesticks and signals seem to confirm that Bitcoin has removed the negative pressure from the market and established some new bases and bullish indicators, the price zones you are judging are the destinations, I have not considered the selling pressure nor the thickness of the walls in these positions. If the pressure in these price zones increases, rigidity threatens the good signals but if the combination of factors such as companies and countries as well as a few banks give bitcoin goodness, it could be the powerful hammers that knock down these walls of pressure

NeverSop

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HODL

The market base and bitcoin are educating our community on how to hold. That's the way to make profit value. Fud and fake news will be consumed. Just hold on and be strong when things get weak. Bitcoin is helping to increase market awareness. Optimistic 100k for the end of the year. We might break the $42k area soon Kiss

Handsome Boy

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Bitcoin price has reached $40k now and I'm sure if Bitcoin price can pass $50k before the end of 2021, then of course we can see another bull run happening this year and I'm sure the current market will recover quickly compared to the previous year, therefore before it is too late to invest in cryptocurrency, so it's better for you to invest in cryptocurrency right now, because at this time the market has not fully recovered, so of course you still can get a big profit from investing in cryptocurreny at this time, therefore don't let you miss this opportunity or you will regret it.

domoy77

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Quote from: viananda2525 on August 06, 2021, 10:59:05 AM

it will happen soon , we just only need to hold our cryptocurrency asset in our wallet and dont give it cheap to whales. techically bitcoin price looks strong and many time want to break trendline on weekly chart , when it break i am sure we are start to new journey for creating new all time high.

Bitcoin is an asset that is always valuable at all times, so there is no need to worry about giving it to the whales at a cheap price, because whales often target Bitcoin at a low price, because they know the true potential and power of Bitcoin.

viananda2525

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Quote from: ?? on ??

Quote from: bluebit25 on July 25, 2021, 11:14:57 PM

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.

I also hope that will happens and I'm sure there will be another bull run in the near future, so all cryptocurrency will increase very high again and create a new ATH price, so before that happens, then this is still the right time to invest in cryptocurrency, because you will definitely get a big profit from investing in cryptocurrency at this time if the next bull run occurs.

it will happen soon , we just only need to hold our cryptocurrency asset in our wallet and dont give it cheap to whales. techically bitcoin price looks strong and many time want to break trendline on weekly chart , when it break i am sure we are start to new journey for creating new all time high.

michellee

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Quote from: ?? on ??

Quote from: bluebit25 on July 25, 2021, 11:14:57 PM

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.

I also hope that will happens and I'm sure there will be another bull run in the near future, so all cryptocurrency will increase very high again and create a new ATH price, so before that happens, then this is still the right time to invest in cryptocurrency, because you will definitely get a big profit from investing in cryptocurrency at this time if the next bull run occurs.

When the bitcoin price can be at $45k, that will give the altcoins a chance to increase because the altcoin will not want to be late to lift the price. We still have time for this year and who knows, we will get another surprise from bitcoin and many altcoins to give us the chance to make a big profit. But we also need to prepare for the worst scenario that can come to the market because we do not know what will happen later. I believe that the new ATH will come again to the market. However, you need to have more patience to wait for that time.

Ararbermas

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Quote from: sapnu on August 05, 2021, 12:51:18 PM

For sure, there will be instances where we can see and feel that the market is trying to break the resistance but most of the time, it is much more expected that the value of bitcoin and other cryoto will play along a certain price range. The fact that the market is always attempting to make a move out of its stable low value shows us how much potential it holds and it give us more reason to trust our investments on it. Another bull run may happen somewhere near the future so holding, no matter how low the value goes, do not ever sell or else you will surely regret it a lot.

correct, in fact it's already show a sign so definitely there will be a potential to surge again before this year end.. To be honest i dont know what's the real reason nowadays why it stuck up again. Probably people see that ethereum is more reliable now to accumulate than other assets in my personal opinion wherein as it has tend to break out because of the upcoming event "forking".. Let's just keep hoping after these they will play again and made good improvement in the market.

sapnu

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Quote from: Nivia1st on July 25, 2021, 10:32:12 PM

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.

For sure, there will be instances where we can see and feel that the market is trying to break the resistance but most of the time, it is much more expected that the value of bitcoin and other cryoto will play along a certain price range. The fact that the market is always attempting to make a move out of its stable low value shows us how much potential it holds and it give us more reason to trust our investments on it. Another bull run may happen somewhere near the future so holding, no matter how low the value goes, do not ever sell or else you will surely regret it a lot.

Shasha80

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Quote from: Viscore on July 31, 2021, 05:54:33 PM

Quote from: ven7net on July 31, 2021, 01:55:08 PM

Quote from: Nivia1st on July 25, 2021, 10:32:12 PM

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.

There is information that the second stage of growth has probably already begun, but one should not think that prices for cryptocurrencies will recover very quickly. It is believed that by the end of 2021 we will see a new flight to the moon, which will allow cryptocurrency prices to show new ATHs. if you can wait then wait and I hope we all have great profits.

Everytime the market price takes another leap, it does not mean all the time that bullish season is heading. Sometimes, price correction takes place easily and i think its the reason why we should not be too much confident especially that this market is very volatile.

However, if we can see bitcoin price breaks it resistance level at $40k, and then the price still soaring high, then mostly likely bull season is already coming our way. So let's be more patient while waiting for it.

It is true that it is too early to assume that Bitcoin is now entering a bullish trend, because the price of Bitcoin is very volatile and there is
a possibility that the price of Bitcoin will fall below $40k again. So we have to be patient to wait and make sure the Bitcoin price can stay
above $40k at least until next week. If it turns out that Bitcoin prices can stay above $40k until next week, I'm optimistic that the crypto
market will enter a bullish season again. But the increase in the price of Bitcoin now can increase investors confidence, because with
the increase in the price of Bitcoin, some altcoins have started to rise too. This hopefully can attract many new investors to be interested
in investing in cryptocurrencies, that way we can ensure the movement of the crypto market can continue to rise.

Woodie

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Quote from: GreatArkansas on July 31, 2021, 08:21:36 AM

Quote from: Tervelatuk on July 28, 2021, 07:40:52 PM

Quote from: GreatArkansas on July 28, 2021, 06:38:06 PM

For me, this is bullish right now. No fake breakouts.

dont be hurry to judge it is as valid reversal, we still need several confirmation technically. so far fundamental starting recovery and market going better than before.

I'm back.
Look at now, we broke $40,000 and Bitcoin surged very fast to $41,000 and $42,000.
$40,000 is one of the important supports and resistance for the past few months, look how $40,000 played especially on previous months (before monthly closed), $40,000 will either be a support or a resistance.

I thought we would have seen $45000 during the weekend but seems momentum has slowed down maybe because it's a weekend. And from how the charts look, $40000 will be our new support area and as long as it can hold $50k is the target and there after back to $60k.
Anybody know what's currently causing this bullish move, because news isn't looking bullish, could it be demand at play?

Viscore

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Quote from: ven7net on July 31, 2021, 01:55:08 PM

Quote from: Nivia1st on July 25, 2021, 10:32:12 PM

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.

There is information that the second stage of growth has probably already begun, but one should not think that prices for cryptocurrencies will recover very quickly. It is believed that by the end of 2021 we will see a new flight to the moon, which will allow cryptocurrency prices to show new ATHs. if you can wait then wait and I hope we all have great profits.

Everytime the market price takes another leap, it does not mean all the time that bullish season is heading. Sometimes, price correction takes place easily and i think its the reason why we should not be too much confident especially that this market is very volatile.

However, if we can see bitcoin price breaks it resistance level at $40k, and then the price still soaring high, then mostly likely bull season is already coming our way. So let's be more patient while waiting for it.

Oceat

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Quote from: ene1980 on July 31, 2021, 11:34:33 AM

Quote from: bitcon on July 31, 2021, 10:03:24 AM

I can't agree that the market is ready to recover now. Positive movements that we saw from 21 st of July to the 27th, was a growth because of good news both from Elon Musk and Jeff Bezos. But people don’t want to return to usual altocoins and currencies now. It is a hype in another sphere, mostly people bring their money in NFT gaming. But not to be doubting, I just stick to the strategy of holding Bitcoin, Ethereum, BNB and some other good coins so I buy them now as well.

It is time we should stop praising these stupid junks who are manipulating the market, he accepted Bitcoin investing billions and then made a huge profit and then started trashing the market and now he started accepting Bitcoin again and everyone is riding that which makes no sense because it is evident that he was manipulating the market for his benefit and everyone is falling for those.

Welp, we can't blame those people who are like a followers of their God and it's their choice. Once Elon Musk started to tweet be ready to embrace what kind of fortune or misfortune he will gonna bring to the market. I hope people nowadays are learning their lesson because it's more likely he's going to do it again.

People now are starting to get fomo that they don't remember how Elon leave the market that causes it to dump real hard. Who would think that Bitcoin is starting to break the $40k resistance with ease because of Elon Musk again? I think this is a good opportunity to make profit already and wait for the market to go in dip and buyback.

ven7net

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Quote from: Nivia1st on July 25, 2021, 10:32:12 PM

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.

There is information that the second stage of growth has probably already begun, but one should not think that prices for cryptocurrencies will recover very quickly. It is believed that by the end of 2021 we will see a new flight to the moon, which will allow cryptocurrency prices to show new ATHs. if you can wait then wait and I hope we all have great profits.

Mahdirakib

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Quote from: ene1980 on July 31, 2021, 11:34:33 AM

It is time we should stop praising these stupid junks who are manipulating the market, he accepted Bitcoin investing billions and then made a huge profit and then started trashing the market and now he started accepting Bitcoin again and everyone is riding that which makes no sense because it is evident that he was manipulating the market for his benefit and everyone is falling for those.

People got panicked and sold their crypto but many of them have gained the maturity now. Everyone has realised that he was manipulating the market for his own benefits. Hopefully crypto investors will take their decisions by themselves without following those manipulator. Bitcoin and altcoins have started to recover slowly. BTC was struggling to reach above $40k level. Now the price is above $40k and altcoins price also increasing.

ene1980

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Quote from: bitcon on July 31, 2021, 10:03:24 AM

I can't agree that the market is ready to recover now. Positive movements that we saw from 21 st of July to the 27th, was a growth because of good news both from Elon Musk and Jeff Bezos. But people don’t want to return to usual altocoins and currencies now. It is a hype in another sphere, mostly people bring their money in NFT gaming. But not to be doubting, I just stick to the strategy of holding Bitcoin, Ethereum, BNB and some other good coins so I buy them now as well.

It is time we should stop praising these stupid junks who are manipulating the market, he accepted Bitcoin investing billions and then made a huge profit and then started trashing the market and now he started accepting Bitcoin again and everyone is riding that which makes no sense because it is evident that he was manipulating the market for his benefit and everyone is falling for those.

bitcon

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I can't agree that the market is ready to recover now. Positive movements that we saw from 21 st of July to the 27th, was a growth because of good news both from Elon Musk and Jeff Bezos. But people don’t want to return to usual altocoins and currencies now. It is a hype in another sphere, mostly people bring their money in NFT gaming. But not to be doubting, I just stick to the strategy of holding Bitcoin, Ethereum, BNB and some other good coins so I buy them now as well.

GreatArkansas

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Quote from: Tervelatuk on July 28, 2021, 07:40:52 PM

Quote from: GreatArkansas on July 28, 2021, 06:38:06 PM

For me, this is bullish right now. No fake breakouts.

dont be hurry to judge it is as valid reversal, we still need several confirmation technically. so far fundamental starting recovery and market going better than before.

I'm back.
Look at now, we broke $40,000 and Bitcoin surged very fast to $41,000 and $42,000.
$40,000 is one of the important supports and resistance for the past few months, look how $40,000 played especially on previous months (before monthly closed), $40,000 will either be a support or a resistance.

GreatArkansas

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Quote from: marine4u on July 29, 2021, 12:12:08 AM

Quote from: GreatArkansas on July 28, 2021, 06:38:06 PM

June, is pure sideways, $30,000 - $40,000. And look at now, we are sitting around $40,000. Closing above $40,000 on the monthly candle is very bullish.

After we got back to $40k for almost a month holding the threshold, this sounds good, $40k is really hard to break psychologically and is guarded by the bears. But at least bitcoin is back on the journey. The chart below shows we are very bullish and strong,... today I believe is the decisive day to break the bear cover, I predict a short $48k this week.
https://pbs.twimg.com/media/E7bP38AWYAI8It_?format=jpg&name=small
Source: https://twitter.com/WClementeIII/status/1420551338363179018?s=20

This is what I am talking about, there is always huge support resistance for every $10,000; $30,000, $40,000, $50,000.
After we touched the all-time high of around $60,000. These levels are very important for being support and resistant, and look they can be considered as psychological supports and resistances.

seramania

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I hope it's real for the market to break through resistance and be able to have a good position. because in crypto there is a term market trap, where the market is pumped up but immediately drops drastically. I hope the market can be pumped up even if slowly but consistently. especially for btc and altcoin market

ethereumhunter

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I hope that this time bitcoin really recovers the position and can increase higher. With the price reaches $38k-$40k, it could be a sign for us to wait for more to see bitcoin price will start another rally. But if somehow, that does not happen, we can not do anything except waiting for more. Bitcoin, ethereum, and bnb are trying to back to the high price and I guess this time is good to trade and make a profit. But there is no guarantee that the crypto market can be like for the rest of this year, so we need to carefully analyze the market.

Xinarae*

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The crypto market is trying to break the resistance again because it will rise to the top very soon the market could see its game again later this year. The prices of currencies are slowly rising and the demand for investing in altcoins with bitcoin is increasing the higher the amount of investment the higher the market will be. Customers who transact through online networks fail with the potential financial side of virtual currency but will not stay down for very long due to high demand.

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Quote from: GreatArkansas on July 28, 2021, 06:38:06 PM

June, is pure sideways, $30,000 - $40,000. And look at now, we are sitting around $40,000. Closing above $40,000 on the monthly candle is very bullish.

After we got back to $40k for almost a month holding the threshold, this sounds good, $40k is really hard to break psychologically and is guarded by the bears. But at least bitcoin is back on the journey. The chart below shows we are very bullish and strong,... today I believe is the decisive day to break the bear cover, I predict a short $48k this week.

Source: https://twitter.com/WClementeIII/status/1420551338363179018?s=20

Tervelatuk

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Quote from: AliMan on July 28, 2021, 06:23:27 PM

Hopefully it's the last drop that we've just experience, and this time will be a good start for another promising rally which everyone is expecting to happen. Recently, the market price spoke around $40k but fluctuated down to $39k and within that range I foresee it's biggest potential to come up with another huge pumps.

if we see candle close about $41k hopefull will good sign for reversal. so far market sentiment growth well and we see positive energy everywhere, if this thing could maintain and we have strong hand i am sure bitcoin price could drive more than current price.

Quote from: GreatArkansas on July 28, 2021, 06:38:06 PM

For me, this is bullish right now. No fake breakouts.

dont be hurry to judge it is as valid reversal, we still need several confirmation technically. so far fundamental starting recovery and market going better than before.

nira09

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Quote from: GreatArkansas on July 28, 2021, 06:38:06 PM

For me, this is bullish right now. No fake breakouts.

If you take a look, the recent pump started on the last week of this month, few days before the monthly close.
Take a look at the previous 2 months, the monthly close of months of May and June, few days before the monthly candle close, we saw hard dumps.
May closed below $40,000, and on the month of June, $40,000 acting a resistance and $30,000 is the support.

June, is pure sideways, $30,000 - $40,000. And look at now, we are sitting around $40,000. Closing above $40,000 on the monthly candle is very bullish.

I agree with you, Bitcoin is currently holding in the $40,000 USD price range and trying to keep going up. What makes me believe Bitcoin will continue its bullish trend is that Bitcoin trading volume continues to grow (price goes up and trading volume goes up), so this is a real pump and indicates a reversal.
It's different if the price of Bitcoin goes up but the trading volume doesn't increase so much, then it's just a fake pump.

GreatArkansas

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For me, this is bullish right now. No fake breakouts.

If you take a look, the recent pump started on the last week of this month, few days before the monthly close.
Take a look at the previous 2 months, the monthly close of months of May and June, few days before the monthly candle close, we saw hard dumps.
May closed below $40,000, and on the month of June, $40,000 acting a resistance and $30,000 is the support.

June, is pure sideways, $30,000 - $40,000. And look at now, we are sitting around $40,000. Closing above $40,000 on the monthly candle is very bullish.

TimeTeller

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Quote from: AliMan on July 28, 2021, 06:23:27 PM

Quote from: Nivia1st on July 25, 2021, 10:32:12 PM

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.

Hopefully it's the last drop that we've just experience, and this time will be a good start for another promising rally which everyone is expecting to happen. Recently, the market price spoke around $40k but fluctuated down to $39k and within that range I foresee it's biggest potential to come up with another huge pumps.

We should be grateful that btc price is trying to break again the 40k level.
Some who were speculating that this will go down to $20k, maybe are not so happy as they can't buy btc at that price.
We need more positive news to finally surpass the $40k mark.
Just like this one - Uniswap with possible collaboration with PayPal.
Though it is not directly about bitcoin, but it is good news for crypto in general.

https://www.coindesk.com/uniswap-says-its-talking-with-paypal-and-more-in-a-deleted-video-from-ethcc

AliMan

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Quote from: Nivia1st on July 25, 2021, 10:32:12 PM

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.

Hopefully it's the last drop that we've just experience, and this time will be a good start for another promising rally which everyone is expecting to happen. Recently, the market price spoke around $40k but fluctuated down to $39k and within that range I foresee it's biggest potential to come up with another huge pumps.

Kasabus

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The pump's strength was influenced by a number of things. You should try reading some articles, and bitcoin was able to quickly break through the obstacle. What we need is only one more huge piece of good news, and the price of bitcoin will skyrocket once more. People are becoming enraged as a result of recent news from JP Morgan, Amazon, and other companies.

One more piece of news that is definitely legit and not just another fake news. Right now the price has been able to reach almost $40k so if more positive news will happen in the market, bitcoin price will eventually surpass the previous ATH and settles into a new one. But still, we should not be too confident because the price might eventually fall again when we least expect it.

Tellek Garing

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Quote from: Nivia1st on July 25, 2021, 10:32:12 PM

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.

With what I have seen, the rally has started already, the price of cryptocurrencies are increasing, this indicate another bull market, let us expect the price to go more further. Bitcoin is at its way to $40000, ethereum has gotten to $2300,/the rest of the coins at also increase price.

Pierre 2

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Every time market tries to break that bear resistance its getting shorted to death. Especially altcoins bleed. I think this time it won't be different. We really get used to how market works after bull markets. There is no reason for it to break barriers right now. There aren't many people that believe markets will recover this quick.

Golftech

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There are plenty of factors that were affecting how strong the pump. You must try to read some article and bitcoin was able to breaking the resistance easily. What we need is just another major good news to come and this will be making the price of bitcoin to go to the moon again. People are getting triggered caused by the news from the JPmorgan, amazon and many more.
If these things will keep come to the market and it can build a very good sentiment to create FOMO on bitcoin.

With the news coming from big institutions, those who are reading it who don't have any idea about crypto

will gain interest, newcomers and new money is flowing again it's tough to call while the market is hyping

best to have your target and goals before you make your decision, it's best that you are ready to what possible

things to happened.

imamusma

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Quote from: accounting 181293 on July 26, 2021, 03:42:54 AM

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.

And every decline will also return to an increase again, because the cryptocurrency market is like a wave in the sea so it is difficult to predict and also predict, so just take advantage of every momentum that is happening now, and never complain because of any conditions.

$anounimus$

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Quote from: FloridaKid on July 26, 2021, 03:46:11 AM

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

Although there is nothing new in the market today, but at least some people have been able to restore their assets to their original state, because at the time the correction was just starting, there were still many people who bought mostly good coins.

shinratensei_

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Quote from: FloridaKid on July 26, 2021, 03:46:11 AM

I do hope something new comes up but my judgement is just the reality

The market was unpredictable and it's too early to take a judgment for the market if it will be going down at the end of the story. You didn't know what will be coming to the market very soon and what will happen for sure. Don't be pessimistic about the market. JP morgan was announcing to launch bitcoin service and is not it a piece of very good news for us?
The market can do u-turn anytime. This is crypto when anything can happen instantly

Serco

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Quote from: Nivia1st on July 25, 2021, 10:32:12 PM

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.

hopefully it is not bull trap to make bitcoin price goes down again and even create new low. Market sentiment going better after amazon insider said this company will accept bitcoin at end of year, and unfortunately there is no confirmation from amazon team. $40k or $41k will be the key for current rally, is it will goes up or goes down again.

lablab03

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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..

FloridaKid

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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

accounting 181293

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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.

blockman

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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.

JeffBrad12

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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.

bakasabo

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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.

anu1908

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Quote from: mindrust on July 26, 2021, 02:01:56 AM

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.

unusualfacts30

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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.

mindrust

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Quote from: Nivia1st on July 25, 2021, 10:32:12 PM

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.

onecall123

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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.

bluebit25

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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.

Nivia1st

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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.

Topic: once again the market is trying to break the resistance (Read 413 times)