Topic: Why is there so much resistance for Bitcoin reaching $25,000 - page 3. (Read 738 times)
I think the 25k resistance is the pressure of profit taking from the bears, although it does not affect the long-term confidence in bitcoin too much, the advantage of bitcoin growth in January is too attractive and increases the pressure. take profit at the 25k resistance level is what i was thinking.
When January which rises more than 43% I am very sure that the price will soon touch $ 25k, many experts believe that if the price limit is reached then the market will continue to rise in a short time, unfortunately the price is stuck at $ 24k and has not touched $ 25k for almost a year , of course many people think that selling when profit is small is a realistic thing than waiting for a market that is not me
I believe we are very far from the twenty-five thousand dollars price and at the moment there is strong resistance around the twenty-three thousand dollar bitcoin price, and to stake a factual thing we can't keep speculating bitcoin market every month because we have hard so much data and cycle and the price at which bitcoin.
it may seem very far right now, but once the bitcoin price is rising up, 25k is actually very easy to achieve. and when that happens, you have no time to decide whether to buy or not. we should look at the bigger picture. because if we will wait for that price to happen, it will be like waiting in vain. because few days is like forever if you're waiting. but if you have certain target, you don't need to wait for hours or days. just enjoy other activities and before you know it, we are already in that level and more.
Many people want to take advantage of the rising prices, so they are selling once it comes near $25000. This thread was created last week, and the price is pretty close to when this thread was created. Many people have probably consolidated and checked what they would do with their holdings.
I hope once we break that resistance, it will continuously go upward in price.
Before creating thos thread I did and in debt statistical analysis of the current market using various cycles to arrive at my conclusion and that is where the benchmark of 25k was focasted as the base price for the current bitcoin market and there is no doubt the fact that bitcoin has touched that price severally before burning back to 22k+ at the moment. I hope once we break that resistance, it will continuously go upward in price.
Going forward, we should be more holistic in our Bitcoin market analysis to prepare ourselves for what the outcome of Bitcoin price will be in the remaining days of this year 2023-halving, which is still a long way to go from now, so we should expect a more robust price recovery going forward since Bitcoin have shown a lot of positive signs in the first quarter of 2023 which is bearly 3 months.
Many people want to take advantage of the rising prices, so they are selling once it comes near $25000. This thread was created last week, and the price is pretty close to when this thread was created. Many people have probably consolidated and checked what they would do with their holdings.
I hope once we break that resistance, it will continuously go upward in price.
What you are saying is true but how long will it take for these people to run out of money and not sell their stacks when we get above 25000? Do we have to break the resistance of 25000 many times to go above it? I thought the market was changing and people were turning into bulls and not bears but greed has overcome them. I hope once we break that resistance, it will continuously go upward in price.
I believe we are very far from the twenty-five thousand dollars price and at the moment there is strong resistance around the twenty-three thousand dollar bitcoin price, and to stake a factual thing we can't keep speculating bitcoin market every month because we have hard so much data and cycle and the price at which bitcoin.
It’s a whole number and this is the first strong resistance for this current rally before. It’s normal that it will be very hard to break since there’s only few time span when this resistance show and probably those strong resistance from before is still active until now.
All numbers that divisible by 1000 and 5000 is always a strong resistance because traders usually notice it as a good price to buy and sell that is why resistance and support always position on this area.
All numbers that divisible by 1000 and 5000 is always a strong resistance because traders usually notice it as a good price to buy and sell that is why resistance and support always position on this area.
The resistance is only caused by the big whales. They manipulate the market and create resistance according to their own benefits. For this many normal and day traders face losses and goes into depression. Moreover this is just a small part that affects the price, but this does leave a big impact on that. Moreover the price of the Bitcoins depends on the demand made by the common masses. If the demand is high, in order to fulfil it, the price of the coins has also to go up. Currently the demand has been satisfied. Hence no great price fluctuations.
When the price of Bitcoin was 25k in 2 weeks ago it became wishful thinking for me. Finally we have crossed the 25k mark, was a 'bull run' coming up in the near future?
Then again in the last week we see price of Bitcoin of 25,100 and more excitement came to my mind. Well we know this did not last so long. It just seems to me that 25k is hard to get over and we always fall back below, without crossing 26k.
Then again in the last week we see price of Bitcoin of 25,100 and more excitement came to my mind. Well we know this did not last so long. It just seems to me that 25k is hard to get over and we always fall back below, without crossing 26k.
Many people want to take advantage of the rising prices, so they are selling once it comes near $25000. This thread was created last week, and the price is pretty close to when this thread was created. Many people have probably consolidated and checked what they would do with their holdings.
I hope once we break that resistance, it will continuously go upward in price.
I hope once we break that resistance, it will continuously go upward in price.
It's natural and this might likely breakout from this new month you can't just expect the market to be constantly on the upside. Beside trader are really on the target whereby placing a much selling pressure on that point of price making it to get that level and keep dropping below, and believe when that pressure is reduced then we might see another price push maybe $26k and above.
More selling pressure when it comes to price levels that traders think is better or more profitable for them as traders is likely to continue for Bitcoin this month so a rapid increase in price still looks heavy on Bitcoin although I believe that for the $26K price level it can arrive in this month if the selling pressure can be reduced a little this month. Because right now the price is still under $ 24K which of course won't be too far from $ 25K and also $ 26K for Bitcoin. 
It’s been a long time since the market was above $25K and it was the last time the price rejected off of resistance so it’s got a lot of sells built up compared to the levels we’ve been breaking below. The positive side is that the next resistance level is at $30K so when $25K does break it will lead to large gains very quickly.
Depends though, I mean yeah for sure we have reach $25k several times but it is being rejected and wasn't sustainable. So it's hard to see where we are going at that price barrier, maybe we will hit it again but then fall off and rejected.
So let's see, for the the biggest resistance is that whole numbers that you are saying like $30k. And that will be a good test again in the next coming months. For now $25k might be breach again for this month, it's just up to the bulls to push it and then sustain it in the long run.
It’s been a long time since the market was above $25K and it was the last time the price rejected off of resistance so it’s got a lot of sells built up compared to the levels we’ve been breaking below. The positive side is that the next resistance level is at $30K so when $25K does break it will lead to large gains very quickly.
It's natural and this might likely breakout from this new month you can't just expect the market to be constantly on the upside. Beside traders are really on the target whereby placing a much selling pressure on that point of price making it get that level and keep dropping below, and believe when that pressure is reduced then we might see another price push maybe $26k and above.
I believe we will see some positive market movement in this month as the first quarter of the year get to its middle and most markets are beginning to open from the end of the year holidays, we expect some remarkable market movement. I think the mark that Bitcoin could not reach in the last months such as January which happens to be the month that recorded the highest recovery price where Bitcoin recovered from somewhere around 16k-17k to 22k-23k+ which are all good mmarket pospositionsfor coinn in that month.
Ops you need to understand that the bitcoin market is highly unpredictable and at that, we must not allow ourselves into some form of analysis, but since we have to predict let me join the leaves by predicting a 30,000 bitcoin price in March.
Bitcoin market is unpredictable and volatile but market analysis is important for short term trading due to this volatile market. Looking at recent Bitcoin market performance, this suggests $25k is a strong resistance for short-term market price decisions. So if this target is breached with more strength, we may see Bitcoin above $30k this month, and the market may even go lower. Anything can happen in the coming days.
Ops you need to understand that the bitcoin market is highly unpredictable and at that, we must not allow ourselves into some form of analysis, but since we have to predict let me join the leaves by predicting a 30,000 bitcoin price in March.
Bitcoin is sure to surpass $25k while we are already towards the end of February and bitcoin still has a lot of opportunities to rise in the following months. So you don't need to worry and you should enjoy the ups and downs of bitcoin prices.
Even though bitcoin follows the same pattern as the traditional economy, it will return to new highs, providing an opportunity to see the value of your investment grow. And you shouldn't have to look or check the market too often so you don't worry if you see the price dropping again. All you have to do is continue investing before the price reaches its next peak.
Well, though the price has started moving up a little bit today, $25k has become a very strong resistance and it won't be easy to it to surpass that so easily. There are also bears pulling the price down so there is too much selling pressure as well at the moment.Even though bitcoin follows the same pattern as the traditional economy, it will return to new highs, providing an opportunity to see the value of your investment grow. And you shouldn't have to look or check the market too often so you don't worry if you see the price dropping again. All you have to do is continue investing before the price reaches its next peak.
For the long term, we should definitely rest assured that we will see it going significantly high, but for the current market conditions, I see more downward movement potential for the shorter term than it crossing the resistance and going up above it and setting a new target.
I'm not worried about the long term because, after all, bitcoin has the potential to reach new heights. So I think we should be able to have more bitcoins from now on so that we don't regret it and can sell bitcoins at the highest price. Maybe soon we will see $24k as the price is now showing a nice move.
It's natural and this might likely breakout from this new month you can't just expect the market to be constantly on the upside. Beside trader are really on the target whereby placing a much selling pressure on that point of price making it to get that level and keep dropping below, and believe when that pressure is reduced then we might see another price push maybe $26k and above.
Could be the region that has alot of sell orders seating in that region.
But once all these are filled up price will have no resistance & when price is back at this and the break out is achieved this could turn to a demand area or what others refer to as the support area which will work in our favor and not won't allow price to drop below this price and possibly make a new all time high for the year 2023.
If you ask me it's good that the rejections are happening now as this means all orders seating there are liquidated and nothing will be left to stop it when it's back.
But once all these are filled up price will have no resistance & when price is back at this and the break out is achieved this could turn to a demand area or what others refer to as the support area which will work in our favor and not won't allow price to drop below this price and possibly make a new all time high for the year 2023.
If you ask me it's good that the rejections are happening now as this means all orders seating there are liquidated and nothing will be left to stop it when it's back.
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Firstly, everything about the Bitcoin market appears to change lately. The mining difficulty no longer determines the market's next trend and the Bitcoin 4years price cycle are not the same way it use to be.
Therefore, we should expect some sort of market up and downtrend until it totally bullish market cause it's too early for the start the previous price uptend we see at the earl of this year.
Therefore, we should expect some sort of market up and downtrend until it totally bullish market cause it's too early for the start the previous price uptend we see at the earl of this year.
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