Well it already back on track, i think the long wait is over i can now see green candles and btc is above 30k$ again,so there is a possibility that a few months from now we will saw bull season again. This is not far from today because the market is slowly moving upward and we can see a different news that effect the price from dip into bullish let see whats next.
Well I would like to skeptical like everyone else about the bitcoin market today because any bad news can still affect the price of the market like few weeks back when the SEC was fighting one of the biggest centralized exchange in the world(binance), everyone saw how the market fluctuated and went so down that got people thinking if we are actually heading to another bear season. But today the price is up again due to series of good news around the crypto world and we all hope its stays that way so the much expected bull will be actualize. 
Topic: The Bitcoin market is back on track - page 2. (Read 1081 times)
Today bitcoin is up more than 4% and maybe tomorrow or the day after tomorrow the price can reach $31k, of course this is a sign that a bull run is imminent, this week it has gone up more than 21% and I'm sure many are panic buying because of the potential price will continue up, right bitcoin is currently on the right track.
Keep your guard down. Nobody knows how close is the bull run. It can happen next year after the halving. Bitcoin is still fluctuating at $30k, it is not yet gotten to $31k as you expected to happen till now. It's like we are ending the Q2 of the year with $30k bitcoin price. In less than 48 hours the Q3 of the year would commence and we don't know whether bitcoin will increase to $35k or fall below before the end of July because the way am seeing the crypto market for this coming month(July) let it be like a bull trap that many crypto investors will trap into
Well it already back on track, i think the long wait is over i can now see green candles and btc is above 30k$ again,so there is a possibility that a few months from now we will saw bull season again. This is not far from today because the market is slowly moving upward and we can see a different news that effect the price from dip into bullish let see whats next.
The forecast for bitcoin going forward will be sideways and there is no idea about the exact closing price this month, but I think it is most likely around the current price. Let's see how far bitcoin can sustain its current state and if the end of the month holds up then most likely in the next month we will see a price of $35k. Currently the market is more sideways and usually in a lot of predictions and analysis people will tend to see conditions like this will experience another correction and that may just be an analysis that has no certainty.There is no certainty whether it is currently on a resistance point path to higher prices, but some estimates may not be time and still waiting for the process before reaching the halving, because before the binance case occurred bitcoin was also in the $ 30k price range and the concern might be experience another correction for the future before reaching the next ATH.
As the market have bounced from the range around $26k, now people have begun to have discussion that bitcoin could go high above $40k and so on. Maybe this could happen, but considering the ongoing events relative to bitcoin and upon the upcoming halving we can't expect the fast movement at the earliest. To reach the peak price from a higher price point is different from moving from the bottom. In my understanding the price will slowly move within the $30k - $35k range for a longer time period. Even if it drops down to $25k it isn't a big surprise.
Well, Bitcoin bounced around 25k$ almost not in 26k$ as far as I know. This is the resistance so far, I think it will remain like that for a month or so depending on the market condition. So opportunities like this are a good chance to buy Bitcoin if you have extra cash.
So we still can't say if Bitcoin is really back on track, we shouldn't be complacent because we know very well that the market is very unpredictable right now because of its volatility.
Well it already back on track, i think the long wait is over i can now see green candles and btc is above 30k$ again,so there is a possibility that a few months from now we will saw bull season again. This is not far from today because the market is slowly moving upward and we can see a different news that effect the price from dip into bullish let see whats next.
As the market have bounced from the range around $26k, now people have begun to have discussion that bitcoin could go high above $40k and so on. Maybe this could happen, but considering the ongoing events relative to bitcoin and upon the upcoming halving we can't expect the fast movement at the earliest. To reach the peak price from a higher price point is different from moving from the bottom. In my understanding the price will slowly move within the $30k - $35k range for a longer time period. Even if it drops down to $25k it isn't a big surprise.
It’ll be good to break $30000 again & then hopefully, never fall below it again. Things are happening behind the scenes, bullish things. I feel like the next multi year run up is about to start. Blackrock & Fidelity hopefully opening up the doors to a big inflow of new money.
Let’s Go!
Let’s Go!
Yeah, like the idea of the market breaking into the $30k barrier again. And if I'm not mistaken, we've seen $31k++ as the highest so far for this year. So just imagine this early if we can break $30k, and we have like 5-6 months at the end of the year and this bullish fever continues, then who knows, $50k as others predicted at 2023 and then we will wait for the block halving.
So for sure everyone is very happy to see a huge run in the last 24 hours pushing the price to almost $29k now. And this renewal from investors is because not only BlackRock and Fidelity but there are others as well filing for a spot Bitcoin ETF.
if we do have that kind of realistic approach than on expecting with those high prices but not really something achievable for this year.No one really knows though because bitcoin halving is really that fast approaching and to those people who had been able to accumulate on 26k or even into those 15k price point are already making such money or profit as of this moment as the price hit up 30k.
Sooner or later we would really be might seeing this into those higher numbers, we've been moving sideways for a while now and it wont really be that new anymore if there's
some sort of recovery that we do have for this upcoming year.
Today bitcoin is up more than 4% and maybe tomorrow or the day after tomorrow the price can reach $31k, of course this is a sign that a bull run is imminent, this week it has gone up more than 21% and I'm sure many are panic buying because of the potential price will continue up, right bitcoin is currently on the right track.
It’ll be good to break $30000 again & then hopefully, never fall below it again. Things are happening behind the scenes, bullish things. I feel like the next multi year run up is about to start. Blackrock & Fidelity hopefully opening up the doors to a big inflow of new money.
Let’s Go!
Let’s Go!
Yeah, like the idea of the market breaking into the $30k barrier again. And if I'm not mistaken, we've seen $31k++ as the highest so far for this year. So just imagine this early if we can break $30k, and we have like 5-6 months at the end of the year and this bullish fever continues, then who knows, $50k as others predicted at 2023 and then we will wait for the block halving.
So for sure everyone is very happy to see a huge run in the last 24 hours pushing the price to almost $29k now. And this renewal from investors is because not only BlackRock and Fidelity but there are others as well filing for a spot Bitcoin ETF.
It’ll be good to break $30000 again & then hopefully, never fall below it again. Things are happening behind the scenes, bullish things. I feel like the next multi year run up is about to start. Blackrock & Fidelity hopefully opening up the doors to a big inflow of new money.
Let’s Go!
Let’s Go!
Yeah, like the idea of the market breaking into the $30k barrier again. And if I'm not mistaken, we've seen $31k++ as the highest so far for this year. So just imagine this early if we can break $30k, and we have like 5-6 months at the end of the year and this bullish fever continues, then who knows, $50k as others predicted at 2023 and then we will wait for the block halving.
So for sure everyone is very happy to see a huge run in the last 24 hours pushing the price to almost $29k now. And this renewal from investors is because not only BlackRock and Fidelity but there are others as well filing for a spot Bitcoin ETF.
It’ll be good to break $30000 again & then hopefully, never fall below it again. Things are happening behind the scenes, bullish things. I feel like the next multi year run up is about to start. Blackrock & Fidelity hopefully opening up the doors to a big inflow of new money.
Let’s Go!
Maybe the end of June will be closer to breaking $30,000 it's already very thin at that level I think there's still time where bitcoin can complete its resistance for the next few days and it's been green which is more refreshing to see the market move back up in 24-time O'clock.Let’s Go!
Whoever is behind the scenes trying to pump bitcoin which is a positive trend I think it's been quite a good move, we have been able to get past the opponent issue a few days ago which caused the price to drop but luckily the sadness in the market didn't last long, now the confidence is back to further resistance.
It’ll be good to break $30000 again & then hopefully, never fall below it again. Things are happening behind the scenes, bullish things. I feel like the next multi year run up is about to start. Blackrock & Fidelity hopefully opening up the doors to a big inflow of new money.
Let’s Go!
Let’s Go!
We will always have the idea that Bitcoin will reach 100,000. It is a process and we can experience many different things in this process. But he will eventually reach the goal. Then it will rise even higher.
$100,000 will be reached in the upcoming Bitcoin bull market but it's not happening this year or next year, if we predict based on the history Bitcoin will surpassed the previous all time high and create a new one, $100,000 is the closest price the market will reach at the minimum.
The volatility of the market is expected because Bitcoin is been traded 24 hours in a day and we don't expect a market that's active 24 hours in a day to stay stable. If that happens then it means the market is been controlled which can't be possible with Bitcoin been decentralized.
The market has already turned green and only those that panicked and sold without buying back during the correction are the ones that'll regret in the future. Whenever there's dip in the market that causes bitcoin to fall, we should not panic as Bitcoin will always get back on track.
Very happy to see the green market return, Bitcoin and Altcoin have started to experience a rebound and possibly will break through resistance,
come on Bitcoin! I'm sure June will be beautiful, a lot of good news has also started to appear this month, whoever holds it will be the winner.
Bitcoin has gone up in the last 24 hours by 7%. of course this will continue if the candle shows green on the 4-hour time frame.
Well it sure does feel this way with the bitcoin market back on track. We have been waiting a long time now for this 'bullish' trend and anyone who did hodl their coins are seeing some of the profits back. And some big news for Bitcoin in the news past few days does help with price.
Price of Bitcoin is up 11% this week and more then 7% in just last 24 hours. There is some big factors for this happening. EDX crypto exchange going live, Mastercard filing new trademark for crypto solutions, and Invesco reactivating Bitcoin spot ETF just a few examples.
Price of Bitcoin is up 11% this week and more then 7% in just last 24 hours. There is some big factors for this happening. EDX crypto exchange going live, Mastercard filing new trademark for crypto solutions, and Invesco reactivating Bitcoin spot ETF just a few examples.
It’s always only a matter of time until bitcoin reverts to number go up. Bitcoin is the most impressive innovation of the last 100 years or more, you can put your foot on a water submerged ball for only so long. When you get tired & release pressure, BOOM!
Bitcoin is an unstoppable force, we will see over $100,000 per coin before the end of 2025. Are you positioned for an explosive move that may catch many people unprepared?
Well, that's a good example you used right there, but it is not really as easy as it may sound when someone says it, there is more and more regulatory pressure building up against cryptocurrencies all around the world, and when there are more regulations, there is less adoption, maybe it doesn't affect adoption to a very large extent but it does slow down the process, so though we all believe in Bitcoin and blockchain technology, I believe it will take time to reach that high.Bitcoin is an unstoppable force, we will see over $100,000 per coin before the end of 2025. Are you positioned for an explosive move that may catch many people unprepared?
The year 2025 isn't that far from now, it is only a year and a half and Bitcoin's price is only at $26k at the moment with a lot of fear, FUD, regulatory pressure, bad news, and much more surrounding the market causing the price to go lower than what people were expecting earlier.
Binance issues are indeed very influential in the market, as we know that the Binance group is the ruler of the crypto market, when there are lawsuits and problems at Binance it will create a big panic, but the good thing is that Binance's services are still normal and I have transferred some assets to Binance for fear of a hurricane like FTX.
The problems on Binance will not be the same as the hurricanes FTX has ever faced, so you don't need to worry about that because Binance is only in trouble in certain regions and not for all regions in this world. So stay calm even though you still have to keep your own assets very safe because everyone always takes care of their respective assets even in conditions where the exchange is not in trouble. And now all of the Binance users are seeing and feeling things they probably don't want right now.Do you think the markets are affected locally when Binance has problems in different countries? Binance US is in trouble with the SEC and the market is negatively impacted overall. The SEC's indictment also includes charges such as listing and selling securities-class crypto assets on the Binance platform engaging in unregistered exchange, broker and clearing activities in the US and failing to restrict US citizens access to Binance.
FTX and Binance had problems for completely different reasons. FTX ignored its users and screwed them up. Binance does not take initiatives to stake its users as it is the global crypto exchange leader. But i would never recommend using exchanges to store your assets. You must have a cold wallet and Ledger to store your assets.
Correction is needed for bitcoin to find new support to grow stronger. Price volatility is to be expected as traders and investors have the opportunity to buy low and sell high and adjust their strategy accordingly. Bitcoin is difficult to predict because many factors make its price trend change in an instant, therefore every trader and investor must be careful and consider the risks before trading and investing.
So true. But for long-term investors, actually by looking at a larger timeframe, the current price can still be said to be a price that is still in the accumulation area. So we don't worry too much about the small movements seen through the larger timeframes. But for day traders, maybe those who always see more movement from smaller timeframes, of course, paying attention to the slightest movement will be very important to do. They can even take advantage of volatility to make short-term trades.In the end, all of us have our own way of adjusting investment strategies and plans. I tend to expect returns over the long term rather than for shorter time frames, so it only makes sense for me to accumulate bitcoin and continue to do so consistently for as long as I have budget.
Currently Bitcoin is also starting to experience a correction again since the news of the SEC suing Binance and CZ circulated. and this can actually be another opportunity that can be used to accumulate more.
- Long-term investors know that, actually. Which is where the Bitcoin market will always go back in the track. The only ones who are always affected are the traders who are always in the short-term category.
That's why in the long term it doesn't care if the market falls a lot because it's sure that it will recover no matter what happens. That is also what volatility does, there are times when it is too aggressive and there are times when it is not, it has happened several times. Just hold and add more patience.
Binance issues are indeed very influential in the market, as we know that the Binance group is the ruler of the crypto market, when there are lawsuits and problems at Binance it will create a big panic, but the good thing is that Binance's services are still normal and I have transferred some assets to Binance for fear of a hurricane like FTX.
The problems on Binance will not be the same as the hurricanes FTX has ever faced, so you don't need to worry about that because Binance is only in trouble in certain regions and not for all regions in this world. So stay calm even though you still have to keep your own assets very safe because everyone always takes care of their respective assets even in conditions where the exchange is not in trouble. And now all of the Binance users are seeing and feeling things they probably don't want right now. Bitcoin touched its all-time high of $31K which is the 2023 market high. When the market reached $31K we had an idea that the Bitcoin market would soon reach $100K.
Thinking like this, suddenly the market was running down gradually. At other times, the market usually goes down very slowly, but during this period, the market started to go down very quickly and gradually, on 23-04-24 at 22:00, the price of Bitcoin reached $26,942.
After reaching $26,942, the Bitcoin market started to turn positive again. And by today very quickly the Bitcoin market reached $30,036.
Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?
Thinking like this, suddenly the market was running down gradually. At other times, the market usually goes down very slowly, but during this period, the market started to go down very quickly and gradually, on 23-04-24 at 22:00, the price of Bitcoin reached $26,942.
After reaching $26,942, the Bitcoin market started to turn positive again. And by today very quickly the Bitcoin market reached $30,036.
Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?
There is always volatility in the Bitcoin market. There is nothing as normal as the rise and fall between the price levels you mentioned. The market moves with its own mechanics. Then, according to your statement, is it good when progressing to 100k and bad when falling to 26k? There will always be volatility. Sometimes high volatility, sometimes low. Bitcoin has been and will be since its existence. These are normal things. While there is a lot of bad news about the market, this way the volatility will be more. No need to worry.
We will always have the idea that Bitcoin will reach 100,000. It is a process and we can experience many different things in this process. But he will eventually reach the goal. Then it will rise even higher.
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