Topic: Will Bitcoin Price Enter the $30k Area? - page 2. (Read 1425 times)
Stock market crash would probably not happen because of high rates, I mean sure it could happen, but high rates also means free money for people in interest which could lead to more money that could go to stocks as well. Not right away, like you said it could be a crash for a while, but high rates will either balance out or go down eventually, at which point there will be more fiat in everyones pockets, specially the finance world, they will then use that to buy stocks that will skyrocket the prices. This is exactly what happened after the 2008 crash, there was free money given basically for all those banks, which bought stocks and increased it a lot during obamas second term and even early trump period.
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They can't keep rising rates because it will eventually lead to stock market crash and huge recession. They don't want a wave of bankruptcies that spin out of control. Fed is actually in deep shit because they should be adjusting rates at first signs of inflation not wait for it to become critical and then go hard and they sure took their time in 2020 and early 21 when it was obvious that we are getting hit by covid.
As far as Bitcoin goes, I have some money set on the side in vase we touch the last lows of 34k and I'm pretty sure most investors have. I see no reason for us to go lower, unless the war enters a new stage like a clash between Russia and NATO forces or a use of nuclear weapons in Ukraine.
They can't keep rising rates because it will eventually lead to stock market crash and huge recession. They don't want a wave of bankruptcies that spin out of control. Fed is actually in deep shit because they should be adjusting rates at first signs of inflation not wait for it to become critical and then go hard and they sure took their time in 2020 and early 21 when it was obvious that we are getting hit by covid.
As far as Bitcoin goes, I have some money set on the side in vase we touch the last lows of 34k and I'm pretty sure most investors have. I see no reason for us to go lower, unless the war enters a new stage like a clash between Russia and NATO forces or a use of nuclear weapons in Ukraine.
Bitcoin is close to the current $40k support area. seeing that the pressure has continued since the beginning of this year, it is likely that bitcoin prices will continue to be depressed for the next few weeks and enter the $30K area.
Maybe bitcoin will enter the $30K support area because if Bitcoin continues to be depressed beyond that level, Bitcoin is likely to experience a fairly long winter.
We're already into Q2 of 2022, and have seen Bitcoin price drop below $40k (but haven't touched $30k since early 2022). even by the end of this year, i'm sure Bitcoin won't go down to $30k even lower past that price more. just remember, that when the price of Bitcoin hits $30k then there will definitely be a lot of investors who buy back. Maybe bitcoin will enter the $30K support area because if Bitcoin continues to be depressed beyond that level, Bitcoin is likely to experience a fairly long winter.
Many investors are waiting for the price of $ 30k to happen and want to buy more, but seeing the conditions and volume of daily bitcoin transactions that continue to increase then I believe the price of $ 30k is difficult to happen, the lowest possible price that can happen is $ 35k and this year it has been proven that when price of $ 35k then there will be a large buying volume and make the price skyrocket again.
We will see if the price can hit on that levels though, currently this week is not that good for bitcoin as it went down hard to $43k right now. Trading volumes is a good indicator, and I would say that again, the volume is not that good resulting to the price declining. Nevertheless we are still very far from $30k and we might not hit that this year. Or even if we get to that price, for sure many will take advantage of that so we might have a faster recovery.
Though it's more on how you can handle the risk and how you anticipate but for sure there are people who know how to play
this kind of market situation.
Even there's a sight decline, there are still traders who can manage to earn a decent amount of money from this business.
Many investors are waiting for the price of $ 30k to happen and want to buy more, but seeing the conditions and volume of daily bitcoin transactions that continue to increase then I believe the price of $ 30k is difficult to happen, the lowest possible price that can happen is $ 35k and this year it has been proven that when price of $ 35k then there will be a large buying volume and make the price skyrocket again.
We will see if the price can hit on that levels though, currently this week is not that good for bitcoin as it went down hard to $43k right now. Trading volumes is a good indicator, and I would say that again, the volume is not that good resulting to the price declining. Nevertheless we are still very far from $30k and we might not hit that this year. Or even if we get to that price, for sure many will take advantage of that so we might have a faster recovery.
Bitcoin is close to the current $40k support area. seeing that the pressure has continued since the beginning of this year, it is likely that bitcoin prices will continue to be depressed for the next few weeks and enter the $30K area.
Maybe bitcoin will enter the $30K support area because if Bitcoin continues to be depressed beyond that level, Bitcoin is likely to experience a fairly long winter.
I don't see Bitcoin's price coming to such area ($30k) ,I'm expecting a modest $40k-$41k support level to hold , because after the break out from the week (W) pattern, this is the first time we're getting a major pull back from the price level we took off , the issue with most traders is that they panic a lot without having patient and being able to Identify why we do get some pull back. Everyone is waiting for Bitcoin to moon immediately without giving the market its time to complete its market structures and this is over expectation on Bitcoin.
Bitcoin is close to the current $40k support area. seeing that the pressure has continued since the beginning of this year, it is likely that bitcoin prices will continue to be depressed for the next few weeks and enter the $30K area.
Maybe bitcoin will enter the $30K support area because if Bitcoin continues to be depressed beyond that level, Bitcoin is likely to experience a fairly long winter.
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Isn't better to ask if what will happened now in climbing? i mean maybe we should ask now about the opposite side area in which the Hyping
Many investors are waiting for the price of $ 30k to happen and want to buy more, but seeing the conditions and volume of daily bitcoin transactions that continue to increase then I believe the price of $ 30k is difficult to happen, the lowest possible price that can happen is $ 35k and this year it has been proven that when price of $ 35k then there will be a large buying volume and make the price skyrocket again.
Most expected one among the huge people. Because many holding their money in dollars to inverse and get profit from it. The investment also look like gambling. But the investigation is difference between the investment and the gambling. Investigation is key to get the wrong and right of the trading profit.
i dont know very well but i know that any one who is making investment weather is cryptocurrency or any other investment so far the investment is like gambling, investment of cryptocurrency requires two things, advantages and disadvantages, so if the advantages enters for you then you make your Profit like Gamble credit, holding a coin result out into the two things i mentioned and is good to study and the time bracket your coin will stay before making a withdrawal I go with your statement, those two things that happened were been anticipated to create some fud but instead,
it creates spikes and pumps, coming from deep market value. Bitcoin rises and gives decent profits to those who believes and hold.
We can't say that it won't happen. I'm referring with possible dump but with how the market is moving currently, it's still
good and still have a good potential to do sideways instead of dumping back to $30K.
I do not mean that there is no way that it wouldn't go down ever! or something like that, of course there are days when it goes down, but people are focusing on when and how it will go down whenever it's high, and they end up selling and getting out when it's low, makes zero sense to me.it creates spikes and pumps, coming from deep market value. Bitcoin rises and gives decent profits to those who believes and hold.
We can't say that it won't happen. I'm referring with possible dump but with how the market is moving currently, it's still
good and still have a good potential to do sideways instead of dumping back to $30K.
The reality is that we should be considering getting something a bit more decent and getting a bit more logical investments. If it is 45k and staying there and showing strong support, maybe then it's not so crazy to think that it may not go under that, or even if it happens thats a risk you take. I am guessing reaching to 50k is a lot more likely than reaching 40k, and reaching a new ATH is a lot more likely than hitting 30k.
I don't think the bitcoin price will drop to the $30k level again. In the last few weeks, the price of bitcoin experienced a significant price spike where the price of bitcoin is currently trading in the $46k price range. Therefore, I expect the current price increase to continue for the next few weeks to reach the $55k price target.
If bitcoin will be able to keep that bullish momentum, then probably we might not see that $30k again. We know for the fact that bitcoin and the entire crypto market are very volatile and very unpredictable, any big bad news could cause a dump and that bullish momentum will be gone. The other one would be the covid 19. Same expectation again by the people but this only leads the price to rise. There is no question about the positive news because the effects of it are mostly positive. From this year, we don't see a full recovery yet so therefore I am expecting that the price will hit it first before doubting if the price will return to 30k again or not.
I go with your statement, those two things that happened were been anticipated to create some fud but instead,
it creates spikes and pumps, coming from deep market value. Bitcoin rises and gives decent profits to those who believes and hold.
We can't say that it won't happen. I'm referring with possible dump but with how the market is moving currently, it's still
good and still have a good potential to do sideways instead of dumping back to $30K.
I don't think the bitcoin price will drop to the $30k level again. In the last few weeks, the price of bitcoin experienced a significant price spike where the price of bitcoin is currently trading in the $46k price range. Therefore, I expect the current price increase to continue for the next few weeks to reach the $55k price target.
If bitcoin will be able to keep that bullish momentum, then probably we might not see that $30k again. We know for the fact that bitcoin and the entire crypto market are very volatile and very unpredictable, any big bad news could cause a dump and that bullish momentum will be gone. The other one would be the covid 19. Same expectation again by the people but this only leads the price to rise. There is no question about the positive news because the effects of it are mostly positive. From this year, we don't see a full recovery yet so therefore I am expecting that the price will hit it first before doubting if the price will return to 30k again or not.
I don't think the bitcoin price will drop to the $30k level again. In the last few weeks, the price of bitcoin experienced a significant price spike where the price of bitcoin is currently trading in the $46k price range. Therefore, I expect the current price increase to continue for the next few weeks to reach the $55k price target.
If bitcoin will be able to keep that bullish momentum, then probably we might not see that $30k again. We know for the fact that bitcoin and the entire crypto market are very volatile and very unpredictable, any big bad news could cause a dump and that bullish momentum will be gone. And we mostly seen that, just like what we are experiencing right now, after the dip now Bitcoin and most crypto projects
are moving upwards, lucky to those who bought from that dip below $40k, they can
continue to hold or they can sell it now for some decent amount of profits.
It will going to depend on how investors see the full potential of their hold assets.
You said it right, either to push more or maybe it will dump back.
I have bought a bit under 40k, but I bought under 10k too, and above 60k too, hence it doesn't recall mean that "I was smart enough to know when it will go up". I will probably buy around these 40k prices as well. In the end we are talking about DCA and I am happy about it. It was always obvious that price reaching 50%+ lower would mean that it was just matter of time for the price to go up.are moving upwards, lucky to those who bought from that dip below $40k, they can
continue to hold or they can sell it now for some decent amount of profits.
It will going to depend on how investors see the full potential of their hold assets.
You said it right, either to push more or maybe it will dump back.
This is why I personally believe that anyone who knows what they are doing, would be buying even right now, but would have bought a long time ago for sure. Just focus on all those crashes, if you see the price crash too much then you could buy cheap and wait.
Yup, if you focus on how the market behaves and with experienced that you already learned from the past movement.
It would be great to monitor and observe each market fluctuation. It gives you a good hint to buy
when opportunities show good potentials.
It's your own take to where to place your position, there are always good inside the market that you can take advantage,
best to track and manage to follow every path that you are following to have a much better chance of earning.
I don't think the bitcoin price will drop to the $30k level again. In the last few weeks, the price of bitcoin experienced a significant price spike where the price of bitcoin is currently trading in the $46k price range. Therefore, I expect the current price increase to continue for the next few weeks to reach the $55k price target.
I think bitcoin will not back $30k again because bitcoin price increase day by day.February month bitcoin dropped under $33k but This march month bitcoin price $47.5k+ level.The cryptocurrency market positive now and all coin price grow up again.I hope bitcoin price will more grow end of march and i hope bitcoin will touch $60k+ this year.
It's early to say if we are not going back to $30k or even less at this stage. Yes, the price has been growing in the last week or so, even breaking $45k, which for me is another accomplishment. Nevertheless, we can't tell if we are going to $60k or going down to $30k because there could be unforeseen events in the future that can sway investors to pour their money on the market.
I think bitcoin will not back $30k again because bitcoin price increase day by day.February month bitcoin dropped under $33k but This march month bitcoin price $47.5k+ level.The cryptocurrency market positive now and all coin price grow up again.I hope bitcoin price will more grow end of march and i hope bitcoin will touch $60k+ this year.
And we mostly seen that, just like what we are experiencing right now, after the dip now Bitcoin and most crypto projects
are moving upwards, lucky to those who bought from that dip below $40k, they can
continue to hold or they can sell it now for some decent amount of profits.
It will going to depend on how investors see the full potential of their hold assets.
You said it right, either to push more or maybe it will dump back.
I have bought a bit under 40k, but I bought under 10k too, and above 60k too, hence it doesn't recall mean that "I was smart enough to know when it will go up". I will probably buy around these 40k prices as well. In the end we are talking about DCA and I am happy about it. It was always obvious that price reaching 50%+ lower would mean that it was just matter of time for the price to go up.are moving upwards, lucky to those who bought from that dip below $40k, they can
continue to hold or they can sell it now for some decent amount of profits.
It will going to depend on how investors see the full potential of their hold assets.
You said it right, either to push more or maybe it will dump back.
This is why I personally believe that anyone who knows what they are doing, would be buying even right now, but would have bought a long time ago for sure. Just focus on all those crashes, if you see the price crash too much then you could buy cheap and wait.
The after effect of every adoption is always going to be positive or can lead to an increase because new people are buying and it would be strange if this leads to a more fall? But, falls are expected after all the people have successfully entered because the price will also be high that time and that's the time for the old investors to sell their coins to secure a profit.
Corrections are done last time but the aftershocks are still there as we feel small dumps but this isn't life-threatening, no need to worry cause we are heading on the right direction this time. If crypto works as a cycle therefore what follows an increase is a decrease or vice versa.
Corrections are done last time but the aftershocks are still there as we feel small dumps but this isn't life-threatening, no need to worry cause we are heading on the right direction this time. If crypto works as a cycle therefore what follows an increase is a decrease or vice versa.
And we mostly seen that, just like what we are experiencing right now, after the dip now Bitcoin and most crypto projects
are moving upwards, lucky to those who bought from that dip below $40k, they can
continue to hold or they can sell it now for some decent amount of profits.
It will going to depend on how investors see the full potential of their hold assets.
You said it right, either to push more or maybe it will dump back.
Bitcoin is close to the current $40k support area. seeing that the pressure has continued since the beginning of this year, it is likely that bitcoin prices will continue to be depressed for the next few weeks and enter the $30K area.
Maybe bitcoin will enter the $30K support area because if Bitcoin continues to be depressed beyond that level, Bitcoin is likely to experience a fairly long winter.
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