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Topic: What comes next for Bitcoin: $20K or $30K? - page 2. (Read 543 times)

hero member
Activity: 3052
Merit: 651
February 25, 2023, 10:14:42 AM
#55
30k. Lets go! It had been going down on the recent days but I don't doubt the power of Bitcoin. It's just a manner of time before we see another bull to come. I can feel it, the economy seems to be getting better. Prices of daily necessities are going down so there's a lot of savings for our Bitcoin supporters to but more and increase the demand.
We just need to be patient as this will take time before we can feel the surge.
hero member
Activity: 3010
Merit: 666
February 25, 2023, 08:51:40 AM
#54
for now, 25K level is the crucial point but based on your chart if we can break and remain stable at 25K level it is not impossible to test the resistance of 30K maybe little bit impossible on this first Q1 to stable at above 30K since 31K is very high to break,

bitcoin previously test 31K level as support many times and this becomes a major resistance in my opinion but well see  Wink
if we can break the $25k, the I would say that $30k is quite possible. But as we can see, the price of Bitcoin is still at $23k, and the uptrend motion of the market is really not enough to hold and keep the momentum upright. Reaching $25k seems not easy, yet I was optimistic that it will happen this 1st quarter of this year.

Maybe if we are badly affected by inflation, I believe that more investors will put their money into crypto and increase demand. Unfortunately, the situation isn't going great plus the unsettled conflict between Russia and Ukraine.
full member
Activity: 1456
Merit: 120
Buzz App - Spin wheel, farm rewards
February 25, 2023, 08:00:47 AM
#53
I think the market sentiment isn't ready to break through the $25k boundary yet, the possibility of a 30k move up will have to wait for a stiff support at 22k4 or fail to break through to the next low of 20k, I guess if the market continues to go down directly at $20k, we need to wait more time for a stronger transition in the March. I think the momentum is there but it takes time and more work. The market is still pivoting to more extreme sentiment due to recent events.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
February 25, 2023, 02:25:50 AM
#52
for now, 25K level is the crucial point but based on your chart if we can break and remain stable at 25K level it is not impossible to test the resistance of 30K maybe little bit impossible on this first Q1 to stable at above 30K since 31K is very high to break,

bitcoin previously test 31K level as support many times and this becomes a major resistance in my opinion but well see  Wink
25k is proving to be a level which is difficult to surpass, but given enough time this should happen, the decline we are experiencing while unexpected is not that relevant as the bears are failing to push the price downward that much as the demand for bitcoin is still strong.

So give it enough time and the price should go back to 24k and eventually new attempts to break away from the 25k level should happen again.
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
February 24, 2023, 09:44:58 PM
#51
Although bitcoin and the market are reacting negatively after the news about PCE was not as expected, many rumors suggest that the Fed will continue to raise interest rates after inflation shows signs of picking up again. But I still believe bitcoin will not drop below 20k but will continue to rise to the 30k, wait and see what happens.
legendary
Activity: 2534
Merit: 1397
February 24, 2023, 09:22:23 PM
#50
$20,000 here is the nearest. I'll go with $20,000. The $20,000 level now is an extremely significant level for Bitcoin right now. If you take a look at last month or when we start to trading above the $20,000 level, it became strong support, multiple times Bitcoin tested it but it keeps bouncing above $20,000.
So for me, $20,000 is the strong level here plus its psychological support.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
February 24, 2023, 09:09:27 PM
#49
for now, 25K level is the crucial point but based on your chart if we can break and remain stable at 25K level it is not impossible to test the resistance of 30K maybe little bit impossible on this first Q1 to stable at above 30K since 31K is very high to break,

bitcoin previously test 31K level as support many times and this becomes a major resistance in my opinion but well see  Wink
hero member
Activity: 2408
Merit: 584
February 24, 2023, 12:30:38 PM
#48
I think maybe bitcoin will bull to $30 in anytime from now and,even me too praying, let bitcoin rise to $26k, if Bitcoin rise to$26k.Bitcoin reach $30k and if he blow $24k to $21,and  it will go to $20k. One thing if Bitcoin reach $20k am not going to sell Bitcoin.But Bitcoin will be bull in the cap,so am expecting Bitcoin to rise to $30k in this week,for me to be rich.

Bitcoin has yet to break the $25k target strongly, which is why we are still seeing corrections in the market today. A strong breakout is definitely needed if the market is to go to $30k. Achieving this target this week is not important as we should see a healthy bounce in the market in the short term. However, Bitcoin's recent performance is giving traders confidence that momentum will return to the Bitcoin market in the coming days.
The price is too unstable at the moment, it has dropped below $23k today, and as it seems, it might even go lower if we see another correction within a couple of days or so. If it manages to break above $25k from here, then we might see some interesting price actions entering the next week.

If I was to buy Bitcoin, I would still wait for some days before I get into it, or maybe I would buy some today when it dropped to $23k something, I think it was a pretty good price to buy a few sats.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 24, 2023, 12:55:12 AM
#47
It is true that the price drop is still relatively higher than the previous lowest price and at this time, the price can return to the $ 24K level. And hopefully, after yesterday's correction, the price can continue to rise to $ 30k. We are all still waiting for the price to increase step by step and enjoying the ups and downs of Bitcoin prices while trying to accumulate more bitcoin.
Basically it means that buyers are looking into it more than the sellers. As soon as it drops, people end up buying more and I am guessing that it is going to end up with a good situation that will be a lot higher than what we have been in a long time. I know that people are upset about the current situation because it is not going to be easy choice to keep buying, it has been a long time since we have been high so there are still a lot of people with anxiety about the price.

But if we keep allowing that type of fear to control our finance, then we are not going to be able to profit when the price inevitably goes up, which it will, there is no way around that. So buy when you can, before it is too high.
That's why we really have to be able to control ourselves in all situations so we won't be affected. Maybe buying at this time is not a good thing because the price trend is still declining, but who knows, it's only temporary and after a few hours, the price can reverse direction and immediately increase.

At least, we can try buying at this low price and holding it for a while to see where the market trend will go. And if the market trend continues to decline, we can prepare some money to buy again, but don't buy all-in because that's not recommended.
legendary
Activity: 2982
Merit: 1153
February 23, 2023, 05:37:45 PM
#46
What are your thoughts? Will the bullish uptrend continue or will price get rejected by $25K resistance level and correct back to the downside?

I am optimistic and I voted 30k. Clearly a cooldown will come again - sooner or later -, but we seem to jump into a FOMO-like atmosphere already (at least crypto Twitter seems to be there), and if it's so then the cooldown may only happen after 35-40k (and will be a bit painful/disappointing for some).

Well, if FOMO kicks in, I would say $35k - $40k is easy and we might see a change in the pattern and cycle of BTC.  I am still unsure if the price would go up or down since there is no news to hype the market nor FUD the market. 

Being positive isnt that bad but we should really be at least sticking into those realistic approach and ideas on which it wouldn't result into frustration or being annoyed or getting angry just because
the price didnt able to hit up on what you had that price in mind.This is why it would really be just that stick into those realistic approach because if we do see on how this market move and behaves,
then reaching out 30k isnt something that too easy to be done.Lets just focus on how to buy low and sell high and if you are into holding then its still good.
Not all people would really be that love on risks taking on dealing with volatility in active manner.

But we are talking about Bitcoin here and not just any ordinary stocks.  We all know the Bitcoin market is crazy, can spike more than 100% in just a couple of days, or crash more than 50% in the same way too.  So for now $30k is somehow reachable, just need a little push on the FOMO side.

Indeed not all people like to deal with high volatility but speculative merchants and investors do. 
hero member
Activity: 2702
Merit: 540
DGbet.fun - Crypto Sportsbook
February 23, 2023, 04:56:14 PM
#45
aiming for 30k , I believe we will be seeing this in a couple of weeks or at least in before this month ends?

February shows us how good bitcoin can be and also I am watching for this at least since January but the movement now seemingly will be bringing me more profitable month that the last.

and also the votes seems to be a growing for 30k.
Perhaps, it still can't reach $30k by the end of this month because the price difference is still around $6k-$7k, so it will take a little longer unless there is major support or more positive news that can convince investors to buy bitcoin in large quantities that can move its price to break every high. Maybe the decider will be in the next month because that's the end of Q1 for the year, so maybe the price will start showing massive moves in Q2 or beyond. But let's see how bitcoin moves in the next month while still waiting for the new ATH to be reached.
Being positive isnt that bad but we should really be at least sticking into those realistic approach and ideas on which it wouldn't result into frustration or being annoyed or getting angry just because
the price didnt able to hit up on what you had that price in mind.This is why it would really be just that stick into those realistic approach because if we do see on how this market move and behaves,
then reaching out 30k isnt something that too easy to be done.Lets just focus on how to buy low and sell high and if you are into holding then its still good.
Not all people would really be that love on risks taking on dealing with volatility in active manner.
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
February 23, 2023, 04:31:29 PM
#44
30k definitely looks quite possible these days. We are breaking barriers after barriers and it is looking quite good. I understand that 20k is more likely in the sense that we have gone back down to that before and we haven't been 30k for a long time now, it has been months and months since we reached that price so I understand the worry that we may not go there when there is 20k which we have been so many times before, but I think the direction is towards 30k these days.

I hope that I am not wrong for the sake of our investments, there are very few people shorting compared to all the people who are holding and price going up would be a lot better for the whole market.
legendary
Activity: 2086
Merit: 1058
February 23, 2023, 09:48:40 AM
#43
It is true that the price drop is still relatively higher than the previous lowest price and at this time, the price can return to the $ 24K level. And hopefully, after yesterday's correction, the price can continue to rise to $ 30k. We are all still waiting for the price to increase step by step and enjoying the ups and downs of Bitcoin prices while trying to accumulate more bitcoin.
Basically it means that buyers are looking into it more than the sellers. As soon as it drops, people end up buying more and I am guessing that it is going to end up with a good situation that will be a lot higher than what we have been in a long time. I know that people are upset about the current situation because it is not going to be easy choice to keep buying, it has been a long time since we have been high so there are still a lot of people with anxiety about the price.

But if we keep allowing that type of fear to control our finance, then we are not going to be able to profit when the price inevitably goes up, which it will, there is no way around that. So buy when you can, before it is too high.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
February 23, 2023, 09:34:46 AM
#42
aiming for 30k , I believe we will be seeing this in a couple of weeks or at least in before this month ends?

February shows us how good bitcoin can be and also I am watching for this at least since January but the movement now seemingly will be bringing me more profitable month that the last.

and also the votes seems to be a growing for 30k.
Perhaps, it still can't reach $30k by the end of this month because the price difference is still around $6k-$7k, so it will take a little longer unless there is major support or more positive news that can convince investors to buy bitcoin in large quantities that can move its price to break every high. Maybe the decider will be in the next month because that's the end of Q1 for the year, so maybe the price will start showing massive moves in Q2 or beyond. But let's see how bitcoin moves in the next month while still waiting for the new ATH to be reached.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
February 23, 2023, 08:46:25 AM
#41
aiming for 30k , I believe we will be seeing this in a couple of weeks or at least in before this month ends?

February shows us how good bitcoin can be and also I am watching for this at least since January but the movement now seemingly will be bringing me more profitable month that the last.

and also the votes seems to be a growing for 30k.

Only 1 week left until the end of February, and the expectation of reaching $ 30k before the end of the month is too high, without any big news, bitcoin has no chance of getting there. My prediction is that bitcoin will hit $ 30k before dropping to $ 20k, although bitcoin has increased significantly, but the buying power is still not high, so I think the shark needs to push bitcoin higher to create Fomo before it falls back.

Investors have become smarter, they are still very wary of what is going on, so if bitcoin drops now there will be no panic in the market or profits for the sharks. So I guess one more bullish wave is needed.
hero member
Activity: 2632
Merit: 833
February 23, 2023, 05:18:22 AM
#40
aiming for 30k , I believe we will be seeing this in a couple of weeks or at least in before this month ends?

I don't think we can reach $30k at the end of the month. Selling pressure is still there and all technical indicators tell us that we should be fluctuating around $23k-$24k.

February shows us how good bitcoin can be and also I am watching for this at least since January but the movement now seemingly will be bringing me more profitable month that the last.

and also the votes seems to be a growing for 30k.

Yes, February is good but not as good as January. Currently the price is still on the resistance, it can get over $25k.

So really hard to see where we will end up at least this February, hopefully we can't go to $20k.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
February 23, 2023, 02:24:47 AM
#39
aiming for 30k , I believe we will be seeing this in a couple of weeks or at least in before this month ends?

February shows us how good bitcoin can be and also I am watching for this at least since January but the movement now seemingly will be bringing me more profitable month that the last.

and also the votes seems to be a growing for 30k.
hero member
Activity: 1120
Merit: 504
February 23, 2023, 12:31:34 AM
#38
I think maybe bitcoin will bull to $30 in anytime from now and,even me too praying, let bitcoin rise to $26k, if Bitcoin rise to$26k.Bitcoin reach $30k and if he blow $24k to $21,and  it will go to $20k. One thing if Bitcoin reach $20k am not going to sell Bitcoin.But Bitcoin will be bull in the cap,so am expecting Bitcoin to rise to $30k in this week,for me to be rich.
In the first sentence you say Bitcoin will go up at a price that doesn't make sense because the price you said in the first sentence was the price when Bitcoin was just born. And for now, especially this month you can expect Bitcoin to be priced at $26K because such a price seems much more logical for Bitcoin to go to than you would expect $30K to be in this week just so you can get rich in no time.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 22, 2023, 11:57:43 PM
#37
Eventually, bitcoin fell to $23k but I hope bitcoin price can stay there. It looks like this week, the market movement will be more frequent ups and downs and we have to be prepared for that. But it still seems too difficult to reach $30k by the end of the month or next month but hopefully, the price can achieve that in the next month.

Maybe support is still between $20k-$22k but if market conditions continue to decline, support could release it for a while to back up the lower price so it doesn't continue to fall. It is time to add more bitcoins as the price has decreased quite a bit.
The price is down a lot given the past ATH, but relative to the past bottom around 15k bitcoin is still trading high. If the support around 20k breaks, we could see bitcoin around 15k again. But I hope that doesn't happen again and 30k is a magnet. But something tells me that 20k will happen sooner.
It is true that the price drop is still relatively higher than the previous lowest price and at this time, the price can return to the $ 24K level. And hopefully, after yesterday's correction, the price can continue to rise to $ 30k. We are all still waiting for the price to increase step by step and enjoying the ups and downs of Bitcoin prices while trying to accumulate more bitcoin.

Eventually, bitcoin fell to $23k but I hope bitcoin price can stay there. It looks like this week, the market movement will be more frequent ups and downs and we have to be prepared for that. But it still seems too difficult to reach $30k by the end of the month or next month but hopefully, the price can achieve that in the next month.

Maybe support is still between $20k-$22k but if market conditions continue to decline, support could release it for a while to back up the lower price so it doesn't continue to fall. It is time to add more bitcoins as the price has decreased quite a bit.
You want to stay it on $23k? But what about a recovery and an increase? You don't like it? But like it or not, the price can still go on its own and there is no way for us regular individuals to stop it. I check the price and it have recovered on $24k now. This is great because it seems that it will continue to move forward to $26k and onwards because $25k is already broken.

Thanks for reminding people to be prepared but I think they are already well prepared now. Before we entered the year, many people have already stocked a lot of Bitcoins with them and they are now waiting for the bull run to arrived.
Of course, I like recovery and improvement after correction because I can return to profit if the price can turn around. The price can survive at $ 23K, not decrease too deep, and remain at $ 23K. And it turns out it is true. The price remains at $ 23K and after that, the price has increased again to $ 24K, as we saw yesterday. And the current market situation seems to start to improve and looks ready to penetrate a higher price.

Hopefully, they are ready now and already have a lot of Bitcoin accumulated since the lowest price yesterday. Yes, we are still waiting for Bull Run to arrive but we can buy Bitcoin again.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
February 22, 2023, 06:46:32 PM
#36
I think we might hit $30K before $20K. Reason why is because we got bad macro news for the past few weeks and you need to wait until it blows over. We had high unemployment, high CPI and high PPI. So it’s normal for the markets to react this way.

Now unless something major happens, I think it will blow over and start to rally again. I am pretty sure another fed hike is getting priced in. Maybe 50bps or so. So in a couple of weeks we might resume this upwards trend again.

It's really hard and difficult to predict whether bitcoin will go to 30k and beyond first or dump down again to 20k and even below that price . By the way I believe that if bitcoin reaches 30'000$ then we may not see 20k ever.

There is a strong resistance at 25k and price has tested it three times in last few weeks but unable to break it. Even though we have all these positive news and economic numbers, the selling pressure is dominant over the buying pressure.
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