Bitcoin Forum

to day bictocin price many more increased.
now a days bitcoin price 33,912.08$.
i hope and believe that bitcoin price will be up 35,000.
but we have few time waite.

I hope see but the resistance around 35 is quite strong at this moment and bitcoin was also potentially to go down a little bit when it can't break the resistance. Bitcoin was so close to the 35k and it looks like this will become another big bullish trend again as altcoin already signed the bullish signal especially for the NFT tokens. Almost all of the legit NFT token already increased a lot.
I can't be patience to see there will be a massive bull trend again.

It is nothing new and am not surprise at all, btc always manage to get up any time it went down in price, like always this is no different and I believe it will go a lot more higher in coming weeks and months probably, I can't wait to see what will happen next, all those who thought btc will go to $13,500 will be disappointed, they had the opportunity to buy at cheap price but they didn't.

A little correction about your writing wrong in writing Bitcoin not bictocin.

The pump now is quite good and has touched the 35k level a little bit after this has been passed maybe it will continue, hopefully it will happen.
Keep thinking positive now going forward that market growth can be sustainable and this will indeed be a bull trend which will come again.
I don't have any special observers but I just think positive.

The current increase indicates that it will reach at least $35k very comfortably, I think. It seems to be a really good rally we are having. I really missed to see Bitcoin price at a level over $40k. Maybe it will increase gradually and we won't see the price below $40k for a long time after it breaks $40k resistance.

I don't think bitcoin have enough resistance to never fall below $40K once it reached that level because the next cycle's lowest lower can be anything below 20K from my analysis so this movement definitely a good thing for the short term holders while the long term investors can wait and buy at cheaper price.

It will be up by that price. It's seen to be at $34000 a few moments ago so $35000 is at hand.

You have to be patient if there's going to another bull run or if there's another bear run. Whether you no longer have patience on the market, you have no choice but to adopt what's happening on it.

I would say that $35k is a big mental barrier right now, but we can do it, I think around last month we have been trading along that line so yeah, even though its weekend and usually trade is somewhat slow, I could see it hitting that price maybe in the next 24 hours or so.

And then we will see what happens next, if we can sustain that run or not and then go $38k. Not saying that this is the reversal that we all have been waiting for, but it's time that we end this month in a good note around $35k.

This signs is quite building a good momentum, and hopefully it will be successive and pump and dump will be lessen as recovery period has started. Price at $35k will soon be reached as long as there's no doubts coming from investors. The only factor that made it so struggling was those negative and bad stories coming from fake news and other unknown reliable sources. Stay away from those rumors, and keep your asset safe, and hold your coins for brighter future.

I hope the price of Bitcoin goes up and you can afford to pay for some spelling lessons with the profits.

Apart from that, Bitcoin 50 day moving average is at 35,442.41. I think if we surpass that price we can say we are bullish again.

Bitcoin is not "up" it is still the same as before just like it didn't go "down". The current trend is called going sideways it goes up to a certain fixed level and comes down to the certain lower fixed level.

Wrong.
For starters there are no "legit NFT tokens". And the shitcoins have been pumping for the past (at least) 2 months simply because bitcoin price changes are too small for the day traders so they switched to pumping shitcoins, obviously garbage NFT tokens that have such small prices are excellent for pump and dumping.

Doesn't look like a pump or anything tbh. Yes we made it past the 29k and went back to 30k, but that movement has been established for how many weeks already, the market has basically been showing that it'd do as such in the next few weeks, or maybe months, if nothing big happens. Even looking at it from a month back, BTC was already standing at the $30k range, so it isn't anything new. As for it reaching $35k, nothing impossible, though we can expect it something to happen if it breakthroughs a certain level (I'd reckon maybe 38-40k).

That's the secret cap, it always has been.  ;)

Well, at the least let these people celebrate the rise in prices even if it's just a little amount. I wouldn't refute your claim that it would go much higher in the coming days and months but I don't think hyping up won't help, we still have to be careful about the rise in prices because we don't know if it's really going that way or not.

Since when did a $1,000 rise or break the 35k become so exciting? The price is volatile and we will break the 35K barrier because it is not a strong resistance level. The change will be good if the price rises above 38,000 or 41,000 dollars are breaked.

In general, if you are betting on the 35,000 barrier, the issue of breaking it is only for time.

It's exciting because we level down to $29k a week ago, and seeing breaking $30k again and going to $35k is very exciting for us as we don't like the price falling down to the next support of $25k.


Of course since we manage to jump a bit as I have said, so $35k and then next barrier is $38k. So we will have to see if we can jump or breach it or sustained the current run that we have.

This is not going to be a surprise if the price of bitcoin goes beyond $3&k even by next. After some positive tweet from Elon musk , the price of bitcoin came up from $31k and now getting to break the $34/35k area. I believe by the new week, we can as well be racing towards $40k probably.

Expecting more from bitcoin to soar more than $35k is always a great possibilities that's going to exist sooner. It could take up to years if current situation wouldn't be resolved, because we needed more whales to make our goals come to fulfillment. Traders all alone can't make it even though long terms holders would feel those struggles behind.

You have to see the chart before you believe, though it confirms the possible trend and we are too close to that price level. Its really good to see Bitcoin rising again, there’s so many FUD before that it will go down below $20k and thankfully that Bitcoin didn’t hit that level and we are aiming for a better trend now.

We should be thankful but at least Bitcoin didn't down further below $25k, even though it's stuck the price between $30k-$35k this past few weeks maybe because of the outcome of FUD due to China banning Bitcoin.  IMO, just a correction and that's a normal reaction of the price since it has a very volatile price.

As we saw, Bitcoin price was increased again after it was down the price below $30k and there's a rumor that was because of the Amazon insider planning to adopt Bitcoin and use it as a payment method.  There are too many factors to consider, we shouldn't get easily panic by the FUD and keep hold of your assets.

Chart is useless, it doesn't guarantee anything. Instead looking and predicting through chart, it would be better to keep update about everything what is happening with bitcoin now. Even Amazon , will likely accepting bitcoin as their payment on this year, from insider, and also, TESLA would likely re-accept bitcoin as payment later.

But idk OP is too excited with $35,000 while we were around $50,000 for more than 1 month, what did you do?

I much prefer figures and the chart to news especially, or in this case we moved on a rumor which can be deceptive also.   We were due to rise after outlasting a (recent) downtrend, we also recovered back above the both section of range support and have reached the upper limits of that same regular range.    Its much easier to spot on a graph then explain in words I think where everyone have different ways to phrase behavior and action.

https://talkimg.com/images/2023/06/12/AycyP.png


So we've challenged that downtrend overhead but not beaten it yet.    We are wavering around that 37.5k range recently and also in the month of Jan this year we kept similar prices to now hence I correlate and relate action now similarly to price action then.
   My expectation right now is despite regaining some momentum we can easily repeat the range as previous, so back to the 50 day average and we might have to recheck 33k for strength.     How news matches these movements I dont know but already Amazon rejects the rumor and so on, we dance back and forth.   
  I see 50 day average is rising now and in the picture the blue line at bottom is the 2 day, weekly average would be  way back at 33k area.

^^ Yeah, since the $40k range has been rejected, and we are now down to $37k, I wouldn't be surprised if we go back to the $33k-$35k range. It's not that bad though, at least we can go back down to the support levels that has been holding for many months now.

It's just sad to see that $40k can't be breached as obviously, investors chooses to sell again to make instant profit.

Before moving to 35k, it was sideways slowly and started pumping very fast. and we know it's a cycle. And obviously, the 40k range is still very hard to break, the market looks like a transition to a new support test zone. New opportunity if 36k right now holds well and no panic then we can hope to start next new cycle.
I'm still bullish on the next 45k or 47k.
If this pump cycle only comes from Amazon moves, I don't think it needs to happen.

The thing is, even though we broke $40K, we are still in that $28-42K range. And we are still in a Summer month which has usually low volume. So jugding by how bad the rejection was at $40K, this might of been nothing but a range top, there is a good chance we will go back to the mid range or even back to the $30K range sometime next month.

So unless we break $42K with massive volume or $28K with massive volume AND stay above/below those prices, we are just trading sideways. And this is dangerious to most traders because they are getting chopped left and right and even if BTC hits $100K one day, they will have no more satoshi's left.

So many people were bullish yesterday and 5 days ago so many people were bearish. Proof that the sentiment changes every day pretty much in cryptoland.

why should be surprised, that's something good. they are reaping what they have sown. they are currently enjoying the harmony they had over the past few weeks and something happy is happening to them.
btc will continue to rise going forward, although sometimes it goes down a little it's normal and there is no need to worry about falling again.