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Topic: This bullish momentum - Breaking through the $35,000 mark (Read 458 times)

hero member
Activity: 2338
Merit: 737
Bitcoin price stabilised around $36k for the past few days, and if this trend continues, we might see a pump toward $40k. I am expecting a price pump toward $45k at the end of this year or in early January next year. At the moment, the market trends are short-time bullish. In a bigger picture, the market is still in the bear phase and might hit the low $20k price before the BTC halving event. This market correction is bound to happen for the BTC price to reach a new ATH.
It is still quite possible for a price correction to occur before the halving, but I don't think that the correction will make Bitcoin's price return to $20K again, because currently Bitcoin has returned to around $37K which was even close to $38K. This means that there will be a chance for everyone to see Bitcoin at $40K if the market trend continues to improve and increase in price as it is now. And I think ending the year at around $40K wouldn't be too bad for Bitcoin and its holders either.
hero member
Activity: 2842
Merit: 772
Bitcoin's price will rise higher, but before that time comes, we can still buy more Bitcoin. We don't need to wait for negative or positive news to buy Bitcoin. We already have a DCA strategy that we can use immediately. And now the price of Bitcoin is still at the $37k level.

Since the past few days, the price has been at the $37k level and there is no sign of going higher. This is a good time to increase your satoshi if you plan to buy small amounts. Maybe at the end of this month, there will be an upward movement that could take Bitcoin's price past $38k or even higher.

We must be patient in waiting for price increases. And although the current price of Bitcoin is still far from its final ATH, it will definitely be achieved. Meanwhile, the halving moment is just around the corner and that could trigger the price to soar very high. So be prepared for its arrival.
The people who do have money and yet still do not buy bitcoin right now confuse me. I mean what else are you waiting for to buy bitcoin, it is so obvious to me that bitcoin will go higher, if you have money and still not buying it, that makes it quite interesting for me. I think it should be noted that we are going to end up with something that will benefit us all.

That's how it is though, I mean they are not smart to say the least, and the thing is that this is going to be some though that are going to buy at $100k next year when the price goes off because we are in a bull run. So they have wasted a lot of time not preparing themselves for the imminent bull run.

I think it has to be something that needs to be pointed out to them, because the yare still unsure, but why they are so unsure about bitcoin going up is beyond me. If I had any money at all, and I mean like literally any money at all, I would put it all of them in bitcoin, if I am capable of putting in 10 cents, I would do that, if I can do 10 million dollars, then I would do that, it's all about putting in more and more money in it. This is why I believe that we are not going to really see people stay away for too long, the more it goes up, the more people will keep on buying bitcoin eventually.

It has been pointed out already and we can't stressed that enough. It's really up to them to whether follow our lead or not. We can't really force someone to buy at this point and says that they just to hold on it and wait for the bull run. They will have to decide for themselves if they really want to make huge profits by buying today. Or just minimal when they bought when prices are very high.
hero member
Activity: 3164
Merit: 675
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Bitcoin's price will rise higher, but before that time comes, we can still buy more Bitcoin. We don't need to wait for negative or positive news to buy Bitcoin. We already have a DCA strategy that we can use immediately. And now the price of Bitcoin is still at the $37k level.

Since the past few days, the price has been at the $37k level and there is no sign of going higher. This is a good time to increase your satoshi if you plan to buy small amounts. Maybe at the end of this month, there will be an upward movement that could take Bitcoin's price past $38k or even higher.

We must be patient in waiting for price increases. And although the current price of Bitcoin is still far from its final ATH, it will definitely be achieved. Meanwhile, the halving moment is just around the corner and that could trigger the price to soar very high. So be prepared for its arrival.
The people who do have money and yet still do not buy bitcoin right now confuse me. I mean what else are you waiting for to buy bitcoin, it is so obvious to me that bitcoin will go higher, if you have money and still not buying it, that makes it quite interesting for me. I think it should be noted that we are going to end up with something that will benefit us all.

I think it has to be something that needs to be pointed out to them, because the yare still unsure, but why they are so unsure about bitcoin going up is beyond me. If I had any money at all, and I mean like literally any money at all, I would put it all of them in bitcoin, if I am capable of putting in 10 cents, I would do that, if I can do 10 million dollars, then I would do that, it's all about putting in more and more money in it. This is why I believe that we are not going to really see people stay away for too long, the more it goes up, the more people will keep on buying bitcoin eventually.
hero member
Activity: 2604
Merit: 816
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And we have to get used to it because it can be bought at a very good price, we are about to end the month of November, it is very close to doing more big things, we are people who wait, if we have waited so long, then it doesn't cost anything to wait one more option because it is known that the bitcoin is going to rise more than its limit ath and that is only because it matters, it does not matter when it happens, but it will happen, that is why the investors and the majority who own bitcoin have not wanted to sell and for something it is, They know something, that's why they want to wait longer because maybe a new maximum could come, it could happen and it would be great if it were this year.
Yes, Bitcoin's price will rise higher, but before that time comes, we can still buy more Bitcoin. We don't need to wait for negative or positive news to buy Bitcoin. We already have a DCA strategy that we can use immediately. And now the price of Bitcoin is still at the $37k level.

Since the past few days, the price has been at the $37k level and there is no sign of going higher. This is a good time to increase your satoshi if you plan to buy small amounts. Maybe at the end of this month, there will be an upward movement that could take Bitcoin's price past $38k or even higher.

We must be patient in waiting for price increases. And although the current price of Bitcoin is still far from its final ATH, it will definitely be achieved. Meanwhile, the halving moment is just around the corner and that could trigger the price to soar very high. So be prepared for its arrival.
legendary
Activity: 1372
Merit: 2017
Bitcoin price stabilised around $36k for the past few days,

Well, I count 12 days since the OP opened the thread saying we were in a bullish moment but it doesn't seem so bullish today. But perhaps we are only in the calm before the storm.


 and if this trend continues, we might see a pump toward $40k. I am expecting a price pump toward $45k at the end of this year or in early January next year. At the moment, the market trends are short-time bullish.

I have a similar feeling, but it's just a hunch, although partly based on my knowledge of the price evolution.

In a bigger picture, the market is still in the bear phase and might hit the low $20k price before the BTC halving event. This market correction is bound to happen for the BTC price to reach a new ATH.

On this I don't agree, I don't know where you see any bear phase.
full member
Activity: 2170
Merit: 182
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This bullish momentum, breaking through the $35,000 mark, is largely attributed to the growing optimism surrounding the potential approval of a Bitcoin Spot ETF by the SEC.
Still waiting for this approval and hoping this will take place before the Halving next year as it will surely brings a better increase to break the recent ATH.
and yes ETF is what we are expecting this year or the next as it was being pending for how many years now and each time the community is looking for this to takes place.
Quote
Overall, the next targets for BTC can be placed at $36,000 and $38,000, respectively. In case of profit booking momentum, support levels can be placed at $33,000 and $30,000, respectively.
it has been broken , last week I thought Bitcoin will climb up above 40k as this is the next barricade but suddenly , did not happened so we are expecting another spike any time soon before December to show how strong market till the end of December.
sr. member
Activity: 644
Merit: 321
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The Bitcoin market was in a bear market for over a year, and then the market did not grow and the value of Bitcoin did not increase. A look at the current market suggests that the price of Bitcoin has increased substantially over the past two months, which has not been the case in the past two years. We've seen the Bitcoin price rally for two months now, and it's gradually increasing its upward trend. Bitcoin spot is likely to increase the price of bitcoin around the approval of ETF and reinforce the possibility that the bitcoin market will gradually turn positive. Currently, the Bitcoin market is above $37k, which is the highest hype we have seen this year. Since we have a big half year ahead of us, we can definitely say that the price of Bitcoin is likely to go higher. According to this, we can consistently say that the Bitcoin market may touch $40k dollars by the end of the year and it may increase further.
sr. member
Activity: 1092
Merit: 342
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And we have to get used to it because it can be bought at a very good price, we are about to end the month of November, it is very close to doing more big things, we are people who wait, if we have waited so long, then it doesn't cost anything to wait one more option because it is known that the bitcoin is going to rise more than its limit ath and that is only because it matters, it does not matter when it happens, but it will happen, that is why the investors and the majority who own bitcoin have not wanted to sell and for something it is, They know something, that's why they want to wait longer because maybe a new maximum could come, it could happen and it would be great if it were this year.

hero member
Activity: 1288
Merit: 524
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Bitcoin price stabilised around $36k for the past few days, and if this trend continues, we might see a pump toward $40k. I am expecting a price pump toward $45k at the end of this year or in early January next year. At the moment, the market trends are short-time bullish. In a bigger picture, the market is still in the bear phase and might hit the low $20k price before the BTC halving event. This market correction is bound to happen for the BTC price to reach a new ATH.
legendary
Activity: 3080
Merit: 1353

In my opinion, it much healthier for Bitcoin if it reaches the $45k price of Bitcoin as it has strong supply in that zone. That would be the last price for Bitcoin to reach this month or next month incase there is a strong demand cause by the news before it went down for retracement at $30k.The price is currently consolidating, and I think it waits for a news to come to determine which direction the will go. Stay tuned!

If there is a consolidation then it is already happening above $34 and reaching $36 bracket. The price of bitcoin have stayed above $35k for more than a month and that is a good signal that the spot is a strong resistance that it is trying to get out from. We are both waiting for the next move after this spot but I'm seeing the price further going up with the end of the year as activities for the year may cause some momentum on the cryptocurrency market and bitcoin is surely going to take the lead further up.

Consolidation also moves as well, previously, it was between $26,000-$28,000. Now as we get over with it, could be consolidation is happening at $35,000-$38,000. And that's why we have seen a lot of resistance along that price. Of course, it's not that bad, volume is still good, indicating that the bulls have total control of the market and looking at the biggest barrier, which is $40,000.

So $35,000 right now is somewhat the support, and again, hoping that at least the end of the year, we can punch that $40,000 and then be ready next year as we approach the block halving.
legendary
Activity: 2044
Merit: 1075
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In my opinion, it much healthier for Bitcoin if it reaches the $45k price of Bitcoin as it has strong supply in that zone. That would be the last price for Bitcoin to reach this month or next month incase there is a strong demand cause by the news before it went down for retracement at $30k.The price is currently consolidating, and I think it waits for a news to come to determine which direction the will go. Stay tuned!
If there is a consolidation then it is already happening above $34 and reaching $36 bracket. The price of bitcoin have stayed above $35k for more than a month and that is a good signal that the spot is a strong resistance that it is trying to get out from. We are both waiting for the next move after this spot but I'm seeing the price further going up with the end of the year as activities for the year may cause some momentum on the cryptocurrency market and bitcoin is surely going to take the lead further up.
BTC price rising above $35k is a good sign that something great is coming up ahead. It could be a bull run. All of us are waiting about it, or if what else can happen later on. Apart from that, many of us are still doing a DCA because we are not yet contented with what is currently inside of our bags.

Well, being greedy is normal to us humans anyway Cheesy. If in case the price nose dives again, I am still fine with it, other than the fact that I can also use the opportunity to buy with a discount. We are not far from the new year, so waiting won't be that long and boring. If there is a emotion that people are feeling right now, that would only be excitement.
hero member
Activity: 2660
Merit: 630
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In my opinion, it much healthier for Bitcoin if it reaches the $45k price of Bitcoin as it has strong supply in that zone. That would be the last price for Bitcoin to reach this month or next month incase there is a strong demand cause by the news before it went down for retracement at $30k.The price is currently consolidating, and I think it waits for a news to come to determine which direction the will go. Stay tuned!

If there is a consolidation then it is already happening above $34 and reaching $36 bracket. The price of bitcoin have stayed above $35k for more than a month and that is a good signal that the spot is a strong resistance that it is trying to get out from. We are both waiting for the next move after this spot but I'm seeing the price further going up with the end of the year as activities for the year may cause some momentum on the cryptocurrency market and bitcoin is surely going to take the lead further up.
sr. member
Activity: 1316
Merit: 356
It was great to see Bitcoin price breaking 35k. I was expecting the price could hit 40k and do a reversal from there which didn't happens. It would be much healthier for Bitcoin price if it can touches 40k range but it seems there is a major resistance. Also we should keep in mind about the CME gap and if it filles then we can expect a major correction. The market looks really confusing right now.
In my opinion, it much healthier for Bitcoin if it reaches the $45k price of Bitcoin as it has strong supply in that zone. That would be the last price for Bitcoin to reach this month or next month incase there is a strong demand cause by the news before it went down for retracement at $30k.The price is currently consolidating, and I think it waits for a news to come to determine which direction the will go. Stay tuned!
sr. member
Activity: 924
Merit: 365
Overall, the next targets for BTC can be placed at $36,000 and $38,000, respectively. In case of profit booking momentum, support levels can be placed at $33,000 and $30,000, respectively.
In this last quarter of the year, it's like the bitcoin price won't fall to $33k ever again. Bitcoin has been waxing strong between the range of $35k -$37k for weeks now, trying to stay put at $38k before it reaches the speculated price of $40k before the end of the year. So, buying bitcoin at the price of $36k+ is never a bad idea, since the plan is to hodl till the bull run that comes around 2024 or 2025 as to the time you want to sell your bitcoin holding at a high price for gains.
hero member
Activity: 1232
Merit: 516
It was great to see Bitcoin price breaking 35k. I was expecting the price could hit 40k and do a reversal from there which didn't happens. It would be much healthier for Bitcoin price if it can touches 40k range but it seems there is a major resistance. Also we should keep in mind about the CME gap and if it filles then we can expect a major correction. The market looks really confusing right now.
copper member
Activity: 2268
Merit: 539
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Bitcoins have really impressed everyone by suddenly jumping to 37k usd price range. This sudden jump indicates that something big is coming. Yes we have escaped the matrix and it seems like the bullish momentum is broke. Bitcoins hinting us to acquire as many coins as we can in this price segment, as when we will reach 2024, something big might happen. So yes let’s hope for positive vibes from Bitcoins now.
hero member
Activity: 2842
Merit: 772
Right now, $35,000 is acting as short-term support because, within the past week, we've seen Bitcoin going sideways at the range of $35,000 - $38,000.

It's that we have dump in the last 24 hours, and as I checked it the reason is that the SEC says that they are going to delay a review on spot Bitcoin ETF.

I will stick to my previous prediction that Bitcoin might reach as high as $40,000 by the end of the year. One bullish news can do the job, and I really hate to say this, but I think it will be an ETF-related news again. I don't know what, but it might be related to ETFs again. As for the ETF, the SEC can have its final decision until next year, so I also expect to see a major price movement in the first months of the year. In which direction? Depending on the decision of the SEC.

I think majority here will stick with that kind of prediction, so same here I seeing that the price will go on $40k at least at the end of the month, with or without the SEC news about the ETF approval. I think investors are wise enough to know that the approval might come in mid next year.

And so we need not to anticipated it but what we should do is to prepare for the imminent bull run and so we need to accumulate as much as we can before the block halving. And so if ever the news come up and then the prices goes up, we will be in the profits already. But wait, the biggest is yet to come, so do not sell and just continue to hold and see how far this bull run will be.
legendary
Activity: 3010
Merit: 1280
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Buying near the current cycle peak is not a good idea even on DCA, much better to wait for a minor correction after the big green candle before adding more coins to your stash. This way you can guarantee more average price to the lowest possible buying price amount.

What if the price goes even higher?  I do not think that buying at the current price is a problem since the target of DCA is to hold for a longer time and sell at a price where BTC has surpassed its ATH.  One can do DCA whenever the fund is available and the market price is still far from the target selling price.  I agree that timing our DCA at a lower price can lower our average price but that is if the price will go down.  But if the price goes continuously up, then we missed the chance to buy at a lower price.

However, I won't advise taking loan to invest in btc If you don't have enough just invest as little as you can ride with the bull next year.

I highly agree, there is no need for a big fund to invest in Bitcoin.  The DCA method proves it.  Taking a loan just to invest in Bitcoin will only make you spend more due to the interest attached to the loan.  Plus you might be forced to sell your holding if you don't have enough funds to pay for the monthly due of your loan.  It is better to do DCA than being bothered by loan payments and interests.


I will stick to my previous prediction that Bitcoin might reach as high as $40,000 by the end of the year. One bullish news can do the job, and I really hate to say this, but I think it will be an ETF-related news again. I don't know what, but it might be related to ETFs again. As for the ETF, the SEC can have its final decision until next year, so I also expect to see a major price movement in the first months of the year. In which direction? Depending on the decision of the SEC.

I also think the same, just one positive push of ETF news, we might see the Bitcoin market get crazy again, reaching $40k  even before the year ends.
legendary
Activity: 2576
Merit: 1043
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Right now, $35,000 is acting as short-term support because, within the past week, we've seen Bitcoin going sideways at the range of $35,000 - $38,000.

I will stick to my previous prediction that Bitcoin might reach as high as $40,000 by the end of the year. One bullish news can do the job, and I really hate to say this, but I think it will be an ETF-related news again. I don't know what, but it might be related to ETFs again. As for the ETF, the SEC can have its final decision until next year, so I also expect to see a major price movement in the first months of the year. In which direction? Depending on the decision of the SEC.

Anyway, it's good to see Bitcoin going as high as $35,000 currently. Just imagine those who bought at the bottom or near the bottom. They already doubled their money just by holding. Cheesy
copper member
Activity: 2156
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Share your chart guyssss

But yes bitcoin can break the 35K level I hope it last  Tongue till at least the halving period maybe a little bit of correction to buy more  Cool the volatile is up and down pretty quick but the last time we hit 35K is at 2 May 2022 is a year ago so I might confirm this as a bull run if hit 45K level  Grin
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