Bitcoin Forum

Bitcoin finally climbs 26k and it's definitely looking more like a bullish trend now as many new investors were worried from it massive drop from its 25k to around 19k in the month of March. For me am definitely praying for the price to drop more so I can buy as much bitcoin as I can but the dip always scares some investors but I say the dip is a good sign for me make more from the market as buying low and hodling till the prices go up is definitely more yielding.

What's your pick on this. Will March bring more great feats or a massive dip will be experienced after this pump.

I think Bitcoin hitting $30,000 by the end of the month is more likely than not.  I also think we may never see below $20K again, but those are always famous last words.  I'm sure we'll see a bit of profit taking before the next leg up, but when we do move up again I believe it will be a strong move that pushes up right against the $30K resistance level. The new bull market has begun and people are getting their seats reserved for the next rocket ride for the moon.  All aboard!

What's special about $26k, and it wasn't at $25k or will it be at $28k when it happens? I have written many times that I do not expect a big bull run to happen before the next halving, and I don't think it is happening now. Not too long ago we were at $25k+ and back under $20k again, and who's to say this isn't another bull trap?

What is a little strange is that this pump is happening at a time when some US banks are failing, and especially when one of the largest is failing. I watched a program on local TV and in the context of that story, a man commented on the whole situation with the banks with the sentence "so what were we supposed to do with our money, invest everything in cryptocurrencies?"

Perhaps one of the possible explanations for why the price of BTC is rising is that some have decided to withdraw money from banks and invest in Bitcoin - because banks have proven to be a very bad choice - not only are their interest rates close to zero, but they literally collapse overnight.

I was very surprised that the price was able to break through the 25k mark so quickly. Last time it looked like 25k is a hard limit to break. Well, now we're scratching at 26k. It's kind of unbelievable how quickly prices have changed in the last few weeks. It is currently difficult to say whether the price can be maintained in the long term. I am and remain skeptical about the current price increase and hope it is not just a brief price flare-up that then quickly dries up.  :)

It is difficult to accurately predict how bitcoin price will move throughout the month of March. Of course we hope that the current bitcoin price movement will continue to rise, at least it can reach above $30k until the end of March. Therefore, let's see how far the current movement continues, whether the current price will continue or be corrected again from the current price.

I can't still believe we are heading to 30k after long stagnation between 19k to 25k, possibly this month will be a very favorable month for bitcoin to leave the level of 25k. Nevertheless let just keep our crossed to watch over the market because most at times it's very hard to determine the price movement, this might likely be a bear trap so as trader you need to very smart and watchful while trading.

Yeah it broke through the main bottom of the market resistance in the $25,000s. It's back down at mid-$25k (edit: as I was writing this it dropped $500 lol so now it's back at $25,000) now but I think in a few days the Fed will do just a 25 point interest raise and I could see that pushing it firmly back over this resistance range and the bottom of the market will be over. Definitely could see $30k in the next few weeks. Though unlike past breakouts of the bottom of the bear market there are still economic issues that will hold Bitcoin back a bit, but that's probably good so that we don't get like what happened in 2019 where it shot from $4k to $13k and the market way overreached itself coming off the bottom and then we got 6 months of gradually going back down.

But yeah things are looking good for Bitcoin price now and I expect we'll see further upside soon and $30k fairly soon as well.

Your prayer has been granted.

Coming from the top of $26k for this day, it's now come down to $24,500. And that's not stopping there because I saw it from $24,700 and that's likely the correction is being done.

While your prayer has been granted, it's now time for you to decide whether that will be the prices that you'll buy. Because for me, that's where I'll start DCAing again as very likely that it'll be up again.

$26k was expected to be broken during 2023 but now it has. Even higher prices are predicted before the end of the year, eg $30k - $40k is possible, but we can expect a correction to find new support.

I'm even expecting $30k to be broken in April as I'm not sure March will ever hit that. But of course today's fantastic increase has made my day more enjoyable after in the previous week it was in a sharp decline. Yes, let's hope that $ 25k can survive this March, even though now bitcoin is corrected to $ 24.7k. Yes, let's hope that $ 25k can survive this March, even though now bitcoin is corrected to $ 24.8k.

Of all the fud that has surfaced in the media, it felt like $30k in Q1 of 2023 is too early but it seems we are going that way. I don't wanna keep my hopes too high.

But if the price will climb a little further to $30k soon and then it's really a healthy market to accumulate some BTC if experimentation just works. Sometimes the market just climbs very fast leaving those who are hoping to make some traders losing more sats instead.

Well $26K didn't last long! Now back at $25K. But it's a good start. This is now the third time $25K resistance has been tested so it can only be getting weaker with less sellers each time.

Despite the rejection from new yearly high, a new high weekly close in 5 days time could be the bullish confirmation needed. Still not convinced the 200 WMA is the resistance as it wasn't back in July last year, but more so the 50 WMA that's currently around $23.1K. So there's still some room for maintaining a bullish structure by turning 50 WMA old resistance into new support for example even if $25K is lost short-term.

Regardless of the price action, the sentiment seems quite bullish at the moment, which should help to push prices higher in the the near future.

The market has seen a rapid upside in recent times, so a correction is expected for another healthy uptrend. It is true that Bitcoin price is difficult to predict, but Bitcoin price is also connected to financial markets. So if there is a change in the financial conditions of the world, it will also affect the price of Bitcoin. Achieving the $30k target is now the most important to understand the next trend. But it remains to be seen whether this target can be achieved in the short term.

As of the moment we’ve seen a slight correct after hitting the price of $26k but I think this is just a temporary dump and later on Bitcoin will totally break that level and can even reach the price of $30k. There will be no big corrections because its about time to rise again and Bitcoin is doing it already. Fortunately we didn’t dump that much lower than $19k, or else it will boost bear market again.

Lots had made out some long position on the time it did break out that $25k price point and reached up 26 which we do have those kind of thoughts that it might be already the start of bullrun or would go directly into hitting up that $30k but here we are once again on which we are playing around 24k where the price had bumped into the ceiling once again or had been rejected as we do say.I cant blame out to those people who had really those positive thoughts on shooting up on the price but well this is how this market behaves where prices could make out some short pumps and then it do corrects itself.
One things for sure that there are lots of selling pressure on 25k point which it is really that something simple to be breached or having those breakouts.

That's while we don't need to be more curious or worried when bitcoin price drop to certain points, its obvious that theirs every possibility that bitcoin price will fall again after recovery from this recent falls, so nobody can predict the movements of bitcoin or the price of Bitcoin, it might reach tomorrow we see bitcoin on thirty five thousand (35k), so the predictions of bitcoin is not dependable because it can take another measure in any point in time, either negative measure or positive measure, so those of us that panic to sell have to understand the norms of bitcoin regulations before panicking or been curious to sell out their during small signs of bearish market.

Finally, after waiting for people, Bitcoin settled at $26.4k. A lot of people were worried when Bitcoin dropped back to $19,000. But to end all people's thoughts very quickly Bitcoin ended people's thoughts by standing at $26k after a long time. But OP you missed an opportunity again. Maybe the bitcoin market will go down but you may have to wait for a long time. But anyway you have no choice but to wait. Or invest from the instant market and wait for a long time, surely the market will grow. And within this month of March, it may take position within $30k.

Its about time, its good to see Bitcoin on this level again but let’s not get too excite as the price drops again maybe part of the profit taking of the whales but after this, I expect for the price to continue its uptrend. Bitcoin will be great this year, I’m very optimistic about this in preparation for the real bull run next year, doing DCA patiently and effectively.

Breaking Bitcoin above $23,000 earlier was already a sign for me that we will see $25,000.
But something better happened, it broke the $26,000 level. So for me, the next stop or resistance that will be tested is $30,000. For sure before this month will end, we will attempt to test the $30,000 level.

I think it's great to see the price reaching $26k, but it's too early to celebrate, because as quickly as we go to that price, we are not going back below $25k. So for me, the big resistance is still in front of us, we need to really maintain that $25k level to really make a break out run this March.

Otherwise, all the hardwork that the bulls did will be nothing. So again, let's wait, still in the middle of this month and there are a lot of things that can happen. We don't look ahead of like $30k or more, the big test is $25k and so far we are still way below it. But in any case, you need to wait for the price to go low this month, your chances to stock pile might have gone already, as we might be around $22k as the lowest support in my opinion.

The only reason I see BTC breaking $26k is that the investors who were worried with their money in the banks of SVB and Silvergate, they started taking out their money from there and they are definitely one of the major reasons why all the resistances got broken in BTC and it crossed above $26k. However, a correction is definitely going to take place so don't be overconfident as well as go bullish till bears are done with their furious dance on the charts. I don't think they're exhausted, it's just that all this was to liquidate shorts at an extreme level as you can see that over a billion dollar shorts were liquidated after this continuous rally by BTC during the past 3 days. I don't think that BTC will stop here but as said, markets have been very surprising and anything could happen as US Dollar has got news today regarding Retail Sales and PPI.

Seems quite significant to me also, good confirmation above resistance hopefully support upto 30 or 34k one trader stated we have a free area of movement once breaking this restriction on us in this area.
https://talkimg.com/images/2023/06/12/AEAH5.png

We often see a failure to breakout resolve into weakness and selling, well this time its a failure to trade down and hold there which can also produce this move upwards I think is fair to say.    We have to stabilize and confirm the move also imo, a spike up alone is less likely to last but hoping this will be the case.

FOR A MOMENT.

Yes it reached that price for only 2 hours, and after that, it went down below $26,000 yet again. Well, the good thing though is that we've seen a massive upward movement after that 2 massive downward movement caused by the Silvergate issue as well as the SVB issue.

This massive upward movement that happen just yesterday might have a small downward movement, but this is a good sign already for Bitcoin. It just shows that the bull are in control again. Bitcoin to $30,000? I guess in a few months, we can see it going to that price. Just wait and see.

yet the value remains the same and that is staying at 24k things that almost the same weeks ago when it broke the 25k and hoping it will go more bull but suddenly falls down to 19k again.
maybe this is the scenario we are going to see in the next couple of months , or maybe till halving?

Bitcoin is trading at 24.8k, even if bitcoin hits 30k, I still think it is a good price for us to accumulate because compared to the old ATH, and if our target will sell when BTC hits new ATH, it's still cheap. But I have the same expectation as OP, I still prefer bitcoin drop to recovery, simply because the lower the bitcoin price, the more bitcoins we can buy. The Bitcoin drop is actually not as bad as people think it is, it is in fact a good thing. While this is unlikely, I still expect bitcoin to drop to $15k again.

Bitcoin has been moving with big surprises in the past several hours and days. It attempted to break $25,000 for a while and then moved sideways along $22,000 for days. Those were kinda normal days, but then it suddenly hit the $19,000 level from $22,000 in just a day. And then it also suddenly recovered and leaped to $22,000. From there, it only took a day to hit $24,000 and then another day to hit $26,000. Things are getting exciting. There might be $30,000 happening soon.

but what we can see is another failure mate? though i believe that we have broken the resistance but yet the value stays this low again.
isn't another trap? I hope not because it will sudden me for sure as i was expecting the climb at least before the 3rd quarter comes.
26k have been reached but only stays short time before the fall again at this 24k value.

There are still a lot of market manipulators who are desperately trying to prevent the price from rising and even though this part may sound like a conspiracy theory but I wouldn't be surprised to find out that there are state actors among them also.
But with the banking system in US slowly falling apart and specifically the US dollar getting weaker every day as more countries abandon it, the bitcoin price is bound to rise up. Seeing big surges can be around the corner soon too.

Quite a big swings lately that's been happening and quite different than the swings we're experiencing from the last 6 months. A lot of people now are speculating a 30k resistance. Well, it's not really something that's not achievable this month or in the remaining months of the year, especially that we have seen quite a surprising pump just a couple of hours ago, but now Btc has cooled down to $24k. However, I may not going to expect something really big this year, not until the next halving.

At the beginning of this month I thought the price was going to be flat this month, but with what has happened I would not be surprised if we hit $30,000. Bitcoin is very volatile and certain events like the recent ones can catapult it upwards. It remains to be seen, as news of a different nature can also send the price down fast as we have seen for over a year now. In the meantime, the best thing to do is to keep accumulating.

A dip is always a good sign that the market is healthy as it offers you opportunity to buy, at the moment I don't think I join others in begging for more dip as even though it was to occur, I don't have spare cash to throw into the market anymore. I can only hope for a continuous growth in price from this point upward and seeing the market in green is great.

We shouldn't be over excited though about this pump as it could dump any moment at this point since we still have a long way to go before the year ends and Bitcoin halving is still months ahead and not happening anytime soon, this pumps has alot to do with Silicon Valley Bank collapse.

Many people have cashed out their holdings with the recent rise in price and taking advantage of it for the short-term needs that we all have. That's where human nature reflects in the current economy, which is happening and shows in the market. This definitely feels like the old times when it was shown to us that there would be a rise in price again and it could lead us to further heights.

Hopefully, once more we are at that top that we all want. I'm not sure if it could sustain that level, but I hope we do.

I knew from the start it was a price trap, because it would be quite difficult for BTC to get above the psychological level and hold it for the next few weeks. But that doesn't rule out the possibility that BTC will break its psychological level, which is above 24k, only if there is no negative news, whether it's rising US interest rates, or deteriorating US economic conditions, or other negative news. Because it seems that the price of Bitcoin is still very much related to global economic news, especially the US.

What I'm still wondering now is why when you have experienced an increase in the price of Bitcoin, you just say it's good to see Bitcoin?
Even though the best and most appropriate to see Bitcoin is at a low price for those who want to buy it, but for those who want to sell it maybe when the price has reached $26K it is the most appropriate to sell it if you want short-term profits before buying back at a low price. Because for those who invest for the long term, I don't think it's necessary to always see how much the price of Bitcoin is in the market if he just bought it a few days ago.

everyone is waiting for a different price, someone wants to sell or buy Bitcoin so the increase that is happening at this time is only liked by people who have entered first.
what is happening right now is extraordinary, in 2 days the price of Bitcoin has jumped rapidly and of course this has made many parties think again about selling and returning to wait for a drop or keep holding and waiting for the price of $ 30k.
Everyone has different speculations but I think this year there have been a lot of positive trends in the price of Bitcoin and so it's very possible that it will continue.

This is the beauty of bitcoin being increasingly trusted and also being the best choice for investment, all because of several factors that can affect the price of bitcoin. And the beauty of bitcoin is that many investors use it to sell when there is bullishness and take short-term profits after they buy cheaply, and there are also investors who continue to accumulate it with the long-term goal of getting bigger profits and, and this is the best method.
and all of that makes the price of bitcoin fluctuate which will give them an advantage with their aim and their strategy, and I mean this beauty of bitcoin is what continues to attract investors and institutions and various people to get involved in bitcoin.
and I believe the development and growth of bitcoin that continues to increase will make bitcoin strong and continue to rise in price and this is a good start for bitcoin prices to continue to rise to highest prices, and I believe the price of bitcoin will soon reach 30K in the near future and will continue to increase steadily gradually and will also continue to experience corrections and decreases, but in the end it will return to increase from the previous price.

That is one of the reasons that bitcoin is good, even people that think they are late can see price dump and invest too.

I am not expecting bitcoin price to increase more than $30000, even if it increased to such price.

Very possible that bitcoin may reach $30000, but I still believe that bitcoin will fall back below $20000 again once more, this may even be in 2024 or this year. This is a guess though, with just little analyses.

Bitcoin has proven this many times, so there is no reason to be late starting an investment, those who have started will surely continue to accumulate and those who have not should start investing immediately.

I'm guessing you're one of the long term Holdings, is that correct? based on a cursory observation on your belief that you don't expect bitcoin to go up faster at $30,000 in price.

There's no doubt that its fluctuating nature can bring prices up and down, but that's fine for some people holding long terms as well as those trading short terms. In conclusion, how to get profit, that is one of the reasons for the investment that we run.

I agree with you, this year is not a full recovery year for bitcoin, bitcoin will go up and down continuously, and that is good for short term investors. They can take advantage of buying low and selling high to make a profit. At the same time, it is beneficial for long-term investors who do not have too much money to invest once in bitcoin but can wait for bitcoin to adjust to a reasonable price to collect bitcoins. I also don't expect bitcoin to recover quickly, that would cost me the opportunity to accumulate low price bitcoins.

Or there could be market manipulators who wanted to push the price to $26k very hard to bring more money in the market and see how it goes.

So let's see, now the price is below $25k again, and hopefully the market manipulators will do their trick again to push it higher. But I guess, with the current situations in the US, maybe smart investors are going to put their money here, to hedge their wealth or even multiply it.

$25k first for our next breach again, just saying.

This price hike is due to the unstable situation in the world. It is even strange, because of the crisis and the key rate hike all markets have fallen. Now that the collapse has reached the banking system, cryptocurrency is starting to feel good. Hopefully this trend will continue. But I have concerns that this could be a dead cat bounce, although we are above 25k and that is an important level.

It's that the US has started to pump their market, to help their economy and those banks that are in the brink of closing. And with that good news, people are starting to flock on the market again, hence a good pump in the last 48 hours to get the price to $26k++.

But it was just a short rally and as expected, when the price goes above $25k people are selling.

Most likely there could be manipulation or just investors are waiting for $25k to be their selling point.

Then why didn't you buy while the price was lower? I don't why it's always like this, whenever it goes up, "I want it to go back to lower price." What the hell is the matter with us?
The chance was given and not because it goes to a pump mode, we wish for its drop again for selfish reasons. I hope it won't go back down. This should be the new bottom. Make those investors worry about when they will find their new entry point.
I congratulate those who are courageous enough to buy even at a stagnant market or a dump was happening.

Looks good to me also. Currently still holding around $24.3K which is previous high Weekly close from August last year as well as last month, but not sure it's going to hold in coming days personally. A pull-back towards $23K accumulation zone wouldn't be the worst thing right now, as long as price can hold the 50 WMA at $23.1K and turn this previous resistance into support. Still a few more days until the weekly close.

Either way a 30% pump within a few days was likely to face selling pressure at resistance, even if only in the short-term. Personally don't think there are many $25K sellers left in the market anymore.

I don't think investors need to worry about the dips because it is an opportunity to buy more bitcoins and many investors can use that moment to their advantage. They realize that they can buy bitcoin at any price but still wait for the price to decrease, reaching a low price, and then buy it.

We definitely want to buy when the price drops, but the price is not always what we want because the market will always change and we need to adapt. This March might give more hope as the price can return to $24k after waiting in the last month. But we also have to be careful because there is no guarantee that the price will stay at $24k. Meanwhile, the price can move anywhere.

I agree that long term investors should be buying now. Traders are in for some pain though. The market volatility is going to likely increase now that Bitcoin seems to be bucking the global trend of declining asset values. It’s going to be a battle to continue increasing in price, especially if global economic conditions continue to worsen. So far the performance has been impressive though.

Yes, happy to see 26k$ for the first time in many months, the resistance of 25k$ was very strong, Bitcoin failed to break it several times, but finally it managed to break it.

This is a good sign for the upside, of course, but we need significant volumes and a weekly close for Bitcoin at least above $25,500, in order to maintain this rise.

Everyone is optimistic about this rise, and we hope that the month of March marks the start of the bull season. But it's still too early to give a correct judgment. We have to wait a while.

Only this month have we seen bitcoin's price rise and fall. The upward movement always brings joy and peace of mind to those who have been holding for a long time, and those who want to buy are always waiting for it to go lower. Crossing the $30K mark before the end of this month is very likely. In these times, day traders should be prepared to take advantage of risk control.

To be honest, 26k isn’t a bad price either. I know you missed the golden chance of buying at 18k usd, but still 26k isn’t a bad price. I mean all of us know, how valuable are Bitcoins. So if you greed for little extra, then definitely you will miss this chance also and BTC will touch the 30k usd price point in a fraction of time. So it’s better to be fast than waiting for more luring opportunity. I am also happy with the price currently. Bitcoins have been showing mixed approach in this whole month. I am guessing Bitcoins will close this month at a price segment of 32k usd almost. Let’s hope for the best.

Before reaching $30k the market has a chance to hold while 22-23k to strengthen support to reach bullish, I think for the 23k price range it is worth adding crypto assets to the portfolio, based on recent price recovery analysis it is very potential the market will recover faster than we expected and I am optimistic that the market will close $30k within this month, the important fact is that the market has recovered from any negative news and the market indicates it will be poised to reach its highest recovery price after the market crash from last year.

Yeah, anything that's under the price of the past ATH it's still a good price to have it and even more if it drops again to the lowest that has been seen recently.

Long term holders are aware of what can potentially happen to the price of bitcoin when the halving is near to come. That's the reason why no one is selling below these levels because why sell if they know that somewhere in the nearest future the price will be more than that.

It's okay to think that price might go down to that level as everything is possible to happen as it's volatile in nature. But take action when it does.

It seems we would really be staying up with these levels for a while, we've seen on how many times the market is trying out to break that 25k resistance or ceiling but eventually failed up on doing so.
Lots had been happy when it breaks and reaches out $26k+ but it did really correct out once again on where it did really go back on where it was.Well, this is how this market behaves on which it is
really that truly random and there's no way that we could be able to know on where it would be heading.There's no way that we could assure it out despite those indicators had been
showing off on whats the next move.

If investors can buy when the price reaches a low price, they will not feel pain in holding their bitcoins because even though the price fluctuates, they can still survive and even buy again at another low price. This also applies to people who invest in bitcoins who don't have much money because by doing so, they can accumulate a decent amount of bitcoins. And they will make a big profit when they sell at the highest price. The uptrend for bitcoin is coming soon and if we don't already have more bitcoins, we won't be able to follow others for those big gains. And now it looks like a correction is coming again but whether it can bring the price down again or will it stay at this price for this week.

Well, I didn't expect the price will break the $26k resistance since for the past few days, Bitcoin experienced a plunged in price down to $19k. Thus, I already expect that we might see another bottom again below $19k due to its movement. But, it happened so fast the price reached $26k value, though it didn't last long.

It's just shows there's more surprising situation that can happen and that includes reaching a value beyond $26k. This is the last month of first quarter so let's see how far the price can go before this month end.

March shows strong positioning for Bitcoin as the rise happens and another stagnant above 24k just like what we have in the beginning of this month

https://coinmarketcap.com/currencies/bitcoin/


though we crossed 26k , yet only stayed for an hour before dropping to its price now.


I believe that if we take 30k ? there will be the finalization of strong hold in that level or at least 25k is the maintaining level.

Every individual who invests in bitcoin, of course, always wants to buy cheap and then sell when the price has gone up, a few days ago the price of bitcoin had risen past the $26k area but unfortunately bitcoin could only stay in that area for a while because some short term investors previously bought $19 k during the last month downturn they decided to sell their bitcoins and secure the profit thereby making the bitcoin price right, I am not saying that at the moment that we are about to enter a bullish trend it could be that this recent upsurge is a bullish trap.

Usually having this type of insane increase is a good thing to see, but we should be very careful with our hedged bets as well. Do not go into leverages just yet because you saw it go up, spot trading and buying bitcoin right now could be the best thing that you could do because we are talking about a profit that could help you in the long run.

We failed to go over 25k for the longest time and now we are around $24.5k levels, why? Because fiat is getting screwed right now and that is an important part of bitcoin that will help us grow bigger. I personally believe that the best thing to do right now would be holding, wait for it to grow, and you could sell when it goes over the all time high price.

The month ending chart is my main focus right now, I won't sit on the fact that we may never see 20k again if the government comes up with another massive blow to shrink the price of Bitcoin, trust me, it will work, because as we can all see, the crypto market is still reacting to every good and bad news happening around the world thus far, so do not feel comfortable yet.

Indeed it's strange and it's truly surprising because usually when there is a condition like that, all markets would have been dropping hard. The banking system are collapsing and maybe people realize that it's more safer to store money in Bitcoin or in cryptos because they have no central authority and this might be one the reason why their prices are increasing.

Bank runs do also cause a negative effect in the stablecoins here in cryptos and maybe people are fleeing on them, converting their money back on a much trusted crypto. Checking the price right now, it had dropped up to 23.8k levels and slowly recovering toward $25k levels which means this is not a deadcat's bounce.

Yes, that's true. Everything can still happen. Even the price of bitcoin can return to low prices again. But we can be happy to see another $26k price even though the bitcoin price has another correction after that. This correction is only temporary and will continue after the market gets support. We have to prepare for its arrival because, after this correction, the bitcoin price could jump to a higher price and be above $28k-$30k.

If that happens, we can breathe a sigh of relief because, at the very least, bitcoin could be at half the price of its last ATH price. And all of this is only a matter of time before bitcoin can increase in price again.

I'm surprised by this too, bitcoin has 2 times to 25k and failed to break this support, but bitcoin has crossed 25k for the 3rd time and hit the highest 26k recovery since January. Surely bitcoin will  continues to represent the absolute faith we longed for.  There will be volatility from the upcoming macro news but we will almost keep the momentum because of the “absolute faith” in bitcoin.  there may be some volatility to keep the upside momentum under control but bitcoin is almost ready and will continue.

I think Bitcoin price will pump again by March. A look at Bitcoin's history will reveal the bleeding state of Bitcoin after each pump. Bitcoin's momentum has been on the up since various hits. A few days ago, Bitcoin touched 19k due to "Silicon Bali Bank" and "Silk Road". From there the price went up and Bitcoin price settled at 26k. In such a bloody situation, the Bitcoin price is on a downward trend. Bitcoin price is likely to stay between 30k and 35k by the end of March and going into April.

Since I am a long-term holder of bitcoin and save little by little even the others here are like me, for me, I don't care what its value will be.

     As long as mine is simple, lowering and I think it is necessary to buy anyway, I will buy based on my pocket, then hold again. When it goes up again, I just wait for it to go down again and then buy again, that's all I'm doing with bitcoin right now.

My pick is that Bitcoin needs to face the fact that we're dealing with a volatile market and we must always welcome the market dump and pump in price because they present there own benefit.
Having said that, I think people should celebrate the market pump in price yet because the bear is still much alive and the best thing anyone can do is spoon up more BTC before the major rally start.

It's already given, Bitcoin is very volatile, it's up to the investors just like us on how to deal with it, whether we take advantage of it, buy buying or sold to make some quick profit.

Of course, we always want the market to pump hard and see the price getting to $26k or higher. But as we can see, since we are still in the bear market, after a quick pump we are back to $24k++. It didn't sustain that rally.

just another roller coaster ride in the btc market. if you do believe in this market, you can easily buy some satoshis while it is below 25k. the 26k-30k i believe, is easy to achieve once we receive good news on top of good news. and there's no stopping at that point, you will feel you are getting left behind when that happens.
if you are a holder, this up and down movement is a very good chance for you to accumulate some, whenever it goes down. because from what it seems, we are just waiting for something big to happen to finally pump up the price real good.

This month shows to be a good month to begin a  better movement which would definitely yield to a massive increase, reaching 26k will definitely create more columns for hit $30k plus within the ends of this month or possibly by first week of next month.
There is no need to regret or wishing the market to drop before you purchase more bitcoin, usually people don't like buying at dip because they are afraid if the market will definitely dump on them so for that reason they kept watching to know if it would show a bit bull signs so they quickly jumped into the market.

It's like bitcoin now has no effect on several FUDs including several world-renowned banks that are about to go bankrupt, and bitcoin goes up a few percent with issues that indirectly mean they now have confidence in putting bitcoin because this is one of the safe assets that is held by themselves.

With this run up in March a sign that the slight uptick continues to fluctuate and some spikes are possible to $30k I feel it's pretty easy if this rally does happen to the forefront, after the previous wasn't strong enough to hold $25K then the next resistance would be $30K .

What is there to regret for those who still haven't bought it? They still have hope to start and this I say the price is still low the increase in bitcoin later will be far from now, once again the increase in bitcoin with you buying it still feels reasonable.

In fact $26k was broken in March although some doubted it. I personally tend not to believe that the bitcoin price could break through the $26k resistance in March due to the large amount of circulating FUD. But I was wrong, bitcoin managed to break through $26k instead and will probably continue its upward trend to break another resistance at $27k to $30k.

Try to consider buying dips and doing DCA, I think that strategy is much more profitable than you waiting for the bullrun. For today's prediction, $ 27.5k looks like it will be broken.

Boom!, the Bulls have come in control of the market, Bitcoin is once again able to regain the $26k price level previous touched today which is totally good for the entire market to continue its run towards the upper side to meet our long expected target of $30k, hoping that if we got there @$30k and got a pull back, the $25k level has shown to be a significant strong resistance so many times in the past and would now act as a strong support level for Bitcoin if we eventually got a pull back in the zone.

Yeah, I really like what we are seeing, and finally we overcome $25k and it seems we are going to maintain it. Now we are above $26k and so that will be the next resistance.

And we all know that if we can break that price this March, $28k will be next and it's going to be huge for us if that will be broken too.

In any case, bull takes control of the market and maybe it has to do with all the banks failing in the US and their government injecting those stimulus and so investors are hedging their wealth again to bitcoin.

and finally ? it stayed at this 26k level and a perfect positioning for people like us who invested when the price is still below 20k https://coinmarketcap.com/currencies/bitcoin/ and now that we are at this high , I am expecting that we can see at least 30k in the coming days?
or at least in the 2nd quarter as we knew it will happen before the halving happens.

I wouldn't be so quick to get excited and hope for a global reversal just yet. Of course it is good to see bitcoin rising and going back to 26k, but on the other hand you look at what is happening to banks and the financial system. Eventually this could also play a negative role on cryptocurrency. So it seems to me that it is not that simple now and it could be a big manipulation.

If we eventually reach the $30k price, a pull back is expected just as you have said but I don't think $25k will be the support. The support would be $26k since that's where we have the resistance at the moment and its taking Bitcoin a long time to cross. Even as Bitcoin just crossed the $26k mark it's finding it very difficult to stay above that price.

If Bitcoin successful stays above $26k then the next target should be reached before the months ends. March is turning out to be a very profitable month for Bitcoin this year and it's looking like we'll end the month on a positive Price.

The support will be $25k if $26k can't maintain that price. Right now we are just barely above that price, so we still don't know if bears are going to push for more, if there will be selling pressures around $26k-$27k if we reach that price.

So yes, this is still a roller coaster ride for us this month. Although historically, March is not good, but so far with how the price is moving, maybe this time it will be very different and maybe we can end in another positive and green candle.

Yeah that is the best strategy to follow waiting for it to get dipper would definitely generates more tension why he couldn't utilized the little opportunity he had than waiting. Probably scalping will helps as well whenever the market get bit higher he sells and then wait for some percentage changes.

Wow, the price changes are currently really violent in the last few days. It's constantly up and down and as it looks today, the 27k mark could easily be cracked. I wouldn't be surprised if it continues like this for the next few days. Surely we will experience another dip, but the possibility of reaching 30k this month seems to be there. So far, it doesn't look like a real bull run to me, but it doesn't look like a bear trap either, but more like a market recovery. I'm really excited to see how it goes over the next few days.  :P

https://i.imgur.com/QRX618z.png
Source: https://coinmarketcap.com/

At least though the biggest barrier now has been breach which is $25k, As to where the price will be in this latest mini bull run, we really don't know. The next stop should be probably in the $28,000 mark and after that the next round numbers which is $30,000.

The thing with this round numbers is that when it is broken, it's going to be an easy sail after that.

But as others said, no need to be excited, still very early this month, many things can happen and we can only hope that we will continue this rally up to $30,000 and see how it goes.

Oh man, I was happy too soon. Shortly after my post, the price went down again and the 27k mark was not cracked. Well, so far at least, which can still change.  :P

Yes, you are right about that.  :)

Anyway, I'm keeping my fingers crossed for $30k. But as you already wrote, there are still many days ahead of us and a lot can still happen before the end of the month. Either way, we shouldn't give up hope. Everything seems to be possible at the moment, i.e. $30k or $20k.  :P

I guess so, it might be different from the other ones coupled with the current crisis going on in the traditional banking fiat system right now that got started in this month of march, more investors are now looking for a save heaven asset , so Gold and Bitcoin will benefit.

As of today we are getting the longest weekly green candle since 12 months, As we have Bitcoin touched $27k a bit, Secondly the inverse  head & Shoulder weekly pattern has just got broken ,so everything is getting so bullish for Bitcoin in the weekly time frame which makes a whole lot of sense.

Happy because the price of bitcoin continues to rise and is now at the level of $ 26k, of course we never thought that the price of $ 25k only happened in a few hours and the price could jump high from $ 21k to $ 26k, hopefully the price will continue to rise and in March it can reach $ 35k.

Compare to the past years with the same month of March, IIRC, they're not really good times on the same month. But with what's happening now, it's confirming that it's testing new positive lines and that's why it had breached $27k just moments ago on some trackers.

We're all having the same happiness as bitcoin price is soaring and I guess the main factor on this push is because of the $300B that the FED had printed just recently.

News: Breaking: US Fed Prints $300 Billion, Bitcoin Price And Ethereum To Rally (https://coingape.com/breaking-us-fed-prints-300-billion-bitcoin-price-and-ethereum-to-rally/)

Actually the candle second week of January was longer at +22%, currently we're at +19% with a peak just below that.  Also it's been more than 2 years since green candles like that, not just one. This is also why it seemed like the trend had already reversed back in January, because these >20% moves aren't typically seen in bear markets, apart from near the start of them like in 2018 after initial 50%+ drop.

If the early January break-out above resistance is anything to go by though, there could easily be another 10% move to the upside next week into $30K level. For me personally closing the week above $25K will more or less be the final confirmation that the low is in and the bear market is over. Whether we re-test $25K later on is a different story, but I think for many this is the final relevant level to break.


Best thing about this inverse head & shoulders pattern (or otherwise a rounding bottom) is the +50% target to the upside imo that could lead price to $36K. Most people are still expecting rejection from $30K, and while there will likely be some resistance initially, the reality is there could be none, like in 2019 when Bitcoin back-tested $6K support and smashed through it immediately.

Today Bitcoin almost touched the $27K level and that is a very great thing for Bitcoin and its loyal holders at this time. Because if there is no serious correction happening in Bitcoin in the near future, I think Bitcoin could just go to the $30K level before March ends. But I am also really enjoying this price increase as I am still holding Bitcoin and have no thoughts of selling or releasing it anytime soon and hopefully this positive thing can continue this year.

Feels a lot like the move to $30K is underway. The last time it barely broke resistance and came down quickly. This time it appears to have cut through the resistance and is holding the position. The longer we hold above $26K, the more likely it is that we shoot straight up to $30K. Bitcoin is running out of sellers so the market is going to have to convince some holders to cash out.

There is a strong likelihood that bitcoin will soon reach a price of $30k(before March end) if the current price gain momentum continues.

Don't actually pray for the price of bitcoin to fall any further than what you have already seen a few days back (below $21k); instead, invest if you can and engage in DCA in March because DCA will result in profits for investors.

For those who had able to DCA on those price points are definitely making money or profits as of this moment considering the price is sitting or playing around 27k+ as of this writing which means that it wont really

be that bad for us to make some sell because it is really making some profits now.Speaking about 30k then it is possible if the momentum would really be continuing but i dont see that it would really be
reaching up that fast and if ever we do touch up that ceiling then we might really be seeing a new lower low or floor which we might be staying up a bit longer
just like on what happened when we are playing below 20k price.

Well now Bitcoin price of 26k is a thing of the past. The current price of Bitcoin is $27,400. It is the first time we have seen this price of past 27k since June 2022 and we might not be done pumping just yet.

We are really enjoying some nice gains here this last week with price of Bitcoin. In this last week the price is up 33% and 6% in the last 24 hours. I do not want to become too excited to say this is a 'bull run' but we will find out soon in next few days if this run is here to stay.

Many bitcoin holders are now smiling because bitcoin has surpassed its 27k$ plus market cap. And it looks like the prediction of others to be 30k$ each until the end of March is close to reality.

But we still shouldn't be sure because we know that there are many times that the value of bitcoin suddenly falls due to its volatility and this is what worries us somehow, but if it falls again there is no problem for me because I will buy again if it happens that's it.

Not really surprising but I never expect this thing to happen in 1st quarter. But fortunately, it was an indication that we are certainly moving high after a year of bear season. Might be a sign of the bull season, not sure but at least we have these positive insights into the possible trend that we are able to see in the upcoming days. Yet, we can't expect such a continuous uptrend, dumps can be happening especially when holders take the current situation to sell their BTC. And reaching $30k is not even impossible before we end this month.

We left $26k and headed higher, prices are continuing to rise and it looks like the record hike that occurred in january can be passed in march now, this week the price has risen more than 35% and makes us optimistic that this year will reach $100k , I'm sure many investors are panic buying so that makes the price continue to rise, but I suggest to continue buying and see at the end of the year.

I'm sure many didn't expect that the price of bitcoin really reached $ 26k, even today it rose by around 4% and became $ 27400, this proves that bitcoin has the power to go up, community support that continues to grow is something that can't be denied anymore, with transaction volume more than $ 50 billion per day is certainly not possible to control one person or even 1000 people.

Personally, I wasn't expecting for that. It was really surprising to receive a notification on my phone displaying bitcoin was hiting the huge 27,000$ price range. :o

It's always very exciting to receive good news you aren't prepared for. But more important than that, is bitcoin holding this position as its new support level, so we can start dreaming about reaching further this year yet. I'm sure stability around 27,000$ will be helpful to increase optimism among investors, what will boost bitcoin's price even more intensively.

Let's wait until Bitcoin breaks the $30k market. Maybe that will give a better signal that a bull run is incoming again. Right now, we are still in the 20k+ range, which is not quite a huge increase yet. Although we have seen some positive movement in the past few days, if it stays at this range, eventually it will fall again.

We are in the first quarter of the year, and if the bull run starts soon, we will certainly end this year with a new all-time high, just like what happened in the previous bull run. So what I can say is, 'stay optimistic' and maybe try to accumulate now if you haven't yet.

No one would have thought that bitcoin would hit $27k so quickly, and which sets bitcoin apart from traditional investments. But to say that with a trading volume of 50 billion a day is too large and not manipulated is a completely false statement. It can be said that it is too small a number, and many sharks can easily manipulate the bitcoin price.

I had doubts about the $30k when you first said it on the first page, but with the current price, i have no doubt that Bitcoin is likely to reach $30k this month. I was surprised last night as Bitcoin crossed $27k around 10:52 PM and has not fallen below the trading price since then. I think it is headed for $28k.

It almost surpassed $28,000, which is astonishing given that all this positive movement was conducted in just the last few days. I didn't expect Bitcoin to rise in value yet due to all the frustration in the market right now. I haven't bought any Bitcoin; all has been raised through signature campaigns, and I just broke even, with a DCA of approximately $28,000. It's ironic that now that banks are facing issues, Bitcoin is booming. I've got no clue what caused this minor bull run, but March has been an interesting month.

Bitcoin market has been dumping for long days but currently the market is growing like a bull run. The market is $27k plus now and will cross $28k very soon. If the Bitcoin market continues to grow this year, the market is likely to touch $40k within a few days. And I think it's a good time to invest in the current situation because if the market rises later, then you won't be able to make much profit by investing. So invest and hold on to Bitcoin as soon as possible.

The previous times where the attempts were made to break $25k we didn't have the positive news we have today about the banks that collapsed. This time it contributed a lot to the price rise, some people needed that little push to pull their money out of the banks and jump on the bitcoin rocket to the moon ;)

I guess our  so called temporary bull trend is headed for great things as the price of bitcoin continues to create shock wave for big speculators, who actually thought its price change at the early part of this year was actually a bear trap for investors, for now I am most certainly convinced at this rate and who knows who could actually experience a 40k breached, c'mon guys what do you do you think  ;D. And truely big time investors are getting all jumpy over the new price hype but somehow bad from one angle for those of us that is still looking for a window to buy the dip, the dip is certainly starting to pump up.

Panic buying is a bit of a trouble though. That results with people buying when it is high, when in fact they should be buying when it was low. However, if we all buy when it is low, then how could it go up? In order for the price to be 30k+ we need people to buy at these prices as well, I am just against the "panic" part of it, let it settle for a bit before you judge the situation, maybe it will go down 30% in the next week?

How can we be sure about it, do not panic buy at this moment to make sure. That's why it is such an important thing to have some sort of understanding what we will be doing in the upcoming period to see if we were right or not, be calm about it.

For people who understand bitcoin, it must be very fun to enter the market and buy some bitcoin when there is a decline, because for some people who have small capital steps can be taken to buy when the price starts to fall. But I believe that for this month bitcoin will experience another correction, so waiting for a lower price will be profitable for us to enter the market and buy it.

If we apply a short-term strategy in investing and the initial purchase is below the current price, we may have benefited from the previous price increase, even though the profit is not large and not too maximized from the long-term strategy.

We never know the future price, some indications on the pattern of hard price recovery say bitcoin will drop again at $20k for this month because bitcoin has crashed at $19k in the last week and the price recovered instantly even breaking through the $25k wall which is difficult to break , so you want the price to fall maybe need patience to wait for the next cycle.

Trading in the short term will not bring maximum profit unless you have a large amount of capital, so there is no need to rush into trading strategies and stay on the market for new opportunities to buy bitcoins at lower prices.

Corrections can occur at any time, even today the price of bitcoin also experienced a slight correction although in the end it quickly traded again above $ 27K. The best investment plan is when you really want to be a long-term holder, meaning you buy and hold it for something that will benefit you more in the long term. Even if we all don't know the future, but I am optimistic that bitcoin still allows its holders to earn good returns.

For short-term strategies, sometimes it doesn't get you satisfactory results, you can even lose if your trading strategy isn't what you expected, especially in futures trading. But I agree, both long term and short term then investing and trading also probably provide worth it returns for them. Right now, we will wait $30K reached.

That's why bitcoin is considered fluctuating because prices are never predictable and often fluctuate within a certain period of time, but by observation people usually look at the cyclical process, so they find several prediction points and even though there are other factors as support. The only best way to avoid losses when a correction occurs is to wait for the recovery process, where the cycle process will return when the time comes.

For the short term, I think in-depth knowledge is needed in observing the market for bitcoin, usually this is done by people who already understand how to see strategies and opportunities for bitcoin.

Both the short and long term can generate profits, but sometimes in the short term the profits can be smaller or larger, depending on how to adjust in taking buying opportunities and of course adjusted to the initial capital when taking the approach to entering the market.

hope the situation will be as you think my friend, but it is difficult to determine that the situation will indeed improve again. always after increasing a little then not long after it will fall again, this indicates that the market situation has not improved. there is always the possibility that it will go down, it can always happen and it is only natural that this will happen, considering that the era of the halving period will occur next year. right now it's not going to move to improve, but being able to survive at the current price is of course very good and makes it easier to increase in time.

Now the price is around $ 28k and makes us optimistic that the market will rise, as long as there is no scam case as happened with FTX, Bitcoin will continue to improve, this condition certainly makes investors more optimistic and will continue to increase significant prices in a short time, moreover Next year there will be a Halving Day so that many people will speculate to continue to buy.

It is indeed a very good opportunity to have bought Bitcoin at a lower price. Most people who have these kind of opportunities are those who are constantly DCAing. They could never miss a single opportunity. This could actually be applied to both people with huge capital and limited capital.
People with huge capital may opt for a short term profit and buy again win Bitcoin gets into a correction again. But for the people who have small capital, long term hodl is what's best for their Bitcoin.

while we already broken that 26k and now stays at 28k yet it hardly to see making it to 30k , the highest price for the last pump is 28,400 dollars meaning we are 1600 away from getting to 30s again.
even if there are another scam to come? still the positive vibes of the market will remain as we are nearing the what we all called as bull season effect of Bitcoin halving.

I assume that in the next year? or at least couple we will see that growth we are waiting for.

I agree with some experts that "holding is the key to success". It is impossible to expect anything good from Bitcoin by those who do not know how to hold. Moreover, there is no certainty of getting anything good by trading for a short period of time. Depending on Bitcoin's potentiality, the current price may be considered a dip if one is encouraged to invest in it for the long term. Bitcoin is currently trading at a  over $28k. Probably with in short period of time it will reach $30k.

there are veteran traders who'll say trade at your own risk since trading is the same thing as gambling. you're playing with your own money for the sake of earning profit, so if you really want to say that you have invested then just buy and hold and don't touch your investment if you are not yet taking short profit. traders usually confuse the difference of short term investment and buying and holding until you gain small percentage of profit. as I have been watching in the sidelines for years, whatever market it is, the winners are the ones that hold until the bubble bursts.

Now of course it is better to just buy and hold bitcoin than to try to trade. In the long term, the profits are much higher. Or you can lose your deposit while trading and then the train can leave without you. Maybe we are at the beginning of a new bull market now and it would be a shame to be left without coins.

Yeah, it's too early to sell, of course, you can take out profits as we go on if you needed to that money. But definitely, it's better to hold and wait for the eventual bull run next year. Bitcoin investing is really hard, I mean you really have mental fortitude, to be strong not to sell early and wait for the right time to make profits.

So now $26k has been broken, it's now the support line as we are looking for $30k at the end of the month.

Hopefully we can reach that in the next week, although we might be happy already to see $28k because we really didn't expect that 2023 will be a good start of us.

The market in march gives great hope that the opportunity to continue to rise will occur, this can be seen that since last week the increase of more than 18% has been able to continue, today there has been another increase even though only 2%, but the price is getting closer to $ 30k, many experts believe if the $30k price is reached it will continue to rise as it did in 2021.

The significance of breaching the $30K area is that it supported price for around 18 months, so while "traditionally" it should act as new resistance, if it doesn't, then it's true that further upside towards $50K becomes increasingly likely. I wouldn't quite compare it to 2021 however, but more so like 2019 when price breached $6K previous support level (that failed to act as any resistance what so ever).

Many people will say that "this time is different because of X,Y,Z", and while it's true that it could be, so far everyone about Bitcoin's movement since the start of the year have replicated 2019 strong recovery, rather than 2015 style consolidation near the lows. This obviously doesn't mean it has to continue to recover by increasing 4x in price from the lows, only that so far after a few months it's following suit.

The market continues to show good conditions and of course makes us optimistic that in 2023 it can recover and even surpass the record price that has occurred, many investors doubt that prices will recover faster, they have never even thought about selling and hope that an increase can occur on the halving day in 2024, now the price has reached $ 27k and seems to be a sign that the bull run is imminent and not waiting for the halving day.

I am not entirely sure if the resistance will be there right away, it may require us to stay above 30k for a long time before we could get there, but if we go above 30k and spend at least 3 months there, then it would be pretty close to impossible for us to get back down. Of course it still could get back down, like it always crashes, but that doesn't mean that it will be easy, just like how we haven't fallen under 20k for a while now, it could be the same for 30k as well.

But, first we need to go above it and we aren't there just yet. So the discussion for what happens after 30k is breached is a discussion for another day, and we should focus on this current price not to fall and just goes up.

In my opinion This is certainly an exciting time for Bitcoin investors as the market has finally broken through the 26k mark. This is an important milestone that shows a bullish trend may be in store for cryptocurrencies. While the recent drop from 25k to 19k in March may have caused some concern among new investors, seasoned market players know that these fluctuations are par for the course.

Whether March will bring more great hits or a massive dip, it is impossible to say for sure as Market trends are unpredictable and influenced by various factors, including global economic conditions, investor sentiment, and regulatory changes.

If you read the media about market analysts, many believe that Bitcoin could continue to increase in value in the coming weeks and months, driven by increased adoption and demand for the cryptocurrency. Others warned that the market could undergo a correction at some point, especially if investor sentiment changes or economic conditions change.

The rate at which the price of Bitcoin increased in March, if it continues to increase in the following month, the Bitcoin market is likely to reach 40. And according to the current market, the Bitcoin market is not so much decreasing but increasing. And at this time, if you invest in Bitcoin, it is definitely possible to get profit. This time seems to be a good time to invest and if you invest in Bitcoin now and hold for a long time, you can expect good things in the future. So my idea is to invest Bitcoin and hold patiently for long time.

The drop and up in price are both very important so we cannot say that dropping in price is cause of losing money but it is actually a point at which users can participate in it and can buy bitcoin whereas at higher price they can obtain their higher worth return.

Bitcoin in both higher as well lower price are advantageous so do not loss hope, as we see that price these days are 28k $ so its very higher and as the time passes it will attain more higher value.

As you are pointing out 26k$ so yes absolutely bitcoin has reached the price more than 26k$ and is now 28k $. All those who already have put money into it should be happy for this success of price boosting.

There's a likelihood that bitcoin is gonna hit beyond 30k by the end of this march and it's a good feeling for all bitcoiners as this is a tag of hope for a great bull run for the year 2023. As for dip, yes there will always be a dip cause it's a volatile market but when comes a dip it's a sign the bull run should be expected and step step from 19k to 25k and now it's closer to 28k, for that I view another ATH by the end of 2023 and it's possible for bitcoin.

If not in March then we still have a full steam ahead in April, it's tax month and usually those who get tax rebate might invest their money into the bitcoin market. So it's going to be a good, or at least a very positive thing to see that this March is not bad at all because historically it is. But it's very different right now because of the banking crisis and the inflation problem around us. People is moving away from fiat and full BTC now.

However, I have to disagree about new ATH at the end of 2023, we really need some catalyst for the massive bull run. We all know that it will be the block halving which is still very far. So let's just assume that $50k could be the highest that we can achieved and not expect something big as a new all time high, just saying.

Hopefully this increase will continue, sometimes the bitcoin price trend is indeed unique, at this time we might say it's impossible to get through ATH, but when a certain price is reached the market will continue to explode and it's hard to stop, even though it sometimes goes down but I'm sure at the end of our year can reach new ATH again.

Bitcoin appears to have gained optimism following the decision of the United States of America to print $300 billion. $29,000 was close to breaking before the price rest a little. Within the remaining week of this month, $30,000 is within reach if it pumps once more. However, the ATH will not take place this year because that is for the following year. We can reach a more dependable price of $50,000 this year. And if FTX and other similar incidents do not occur again, that price will be reached.

Maybe it's too soon to expect new ATH again at the end of this year in Bitcoin, because now Bitcoin still has to fight for the next price levels first so that the possibility of going to the next ATH can be bigger. But for now I don't think that this can easily happen to Bitcoin even though the crypto market conditions are not so bad now and I also hope that the increase can continue without any hindrance in Bitcoin.

Everyone has their own pattern of buying, the approach to DCA is usually taken by people with small capital and it is also possible for those with large capital to do the same. The basic concept of investing is a way to generate profits, both in the long term and in the short term. Therefore the available opportunities can be maximized, as you said, if the availability of large capital in the correction phase can be used to buy and sell again when the expected profit has been obtained, while those with small capital can take DCA steps and carry out HODling according to the target what you want to achieve.

This opportunity should be taken advantage of by anyone and HODling is definitely very profitable and if in the short term it can generate maximum profits with the amount of capital available, then this is also a very good step to take. The power of investing in bitcoin does have a lot of opportunities when people understand how and that's why many people take an approach according to their individual skills.

Sorry but we have another small correction, we are down to $27k again. So I don't see $30k this March, we are less than a week and it's going to be weekend wherein the volume is low because everyone is taking a break for their trading.

I also on the fench of hitting ATH this year, for me it's better to just wait for it to happen and not to hurry as surely there could be artificial growth. Let's put a realistic prediction maybe $30k-$50k range. I do agree that any black swan event like FTX or even Luna will stop us from getting that price. So what we can do right now is just sit and hope nothing catastrophic will happen in a good market that we are having in the first quarter.

We have missed a few cases that had a negative impact on the crypto market and although there are other cases that will not have a bigger impact than the FTX case and others, realistically reaching $30k is a recovery target that will be achieved soon this month but because the market is not yet stable thus having a correction that will persist in the $27k area, we expect the next recovery to cross $30k in the first quarter and the target of hitting $40k will very confidently be realized by the start of the second quarter.

Support lines are now $26k-$27k, so it's not just a question of hitting it, we already crossed that line. But then again, we can't just go on parabolic rise at this point, sooner or later there will be some correction and retracement, the thing is that the market is too strong right now as the bulls is taking over.

FTX and Luna are black swans, event that we didn't expect to happen but it eventually did. But for this year, I'm not seeing any event that will directly have negative impact on the market, on the contrary, we though that the banking collapse is one, but the opposite happen as the market goes on a massive run this month. But I can't see $30k, we will have to wait for a quite sometime and my best guess is next month.

I guess you can never know, especially now that the prices just keep pumping, maybe we are going to see an unexpected halving this time around but I doubt , I think the price is gathering force and momentum to break the old price high which is around 67k dollar but one thing that certain now is that it will definitely reach the half of it ATH price this year. I just hope I have gathered enough coins before this time actually reaches as its already moving close to the 30k Mark.

I think that even though the bitcoin price is rising, it seems that the bullish trend has not happened yet. Moreover, the current increase in bitcoin prices is not very significant. Even since experiencing a price increase at the beginning of March until now, the price of bitcoin is still difficult to penetrate the $ 30k area.

Having a hard time breaking through the $30K area doesn't mean it won't happen this year, because while the upside potential is still very likely to happen again to Bitcoin. Of course this area will be easier for Bitcoin to touch if it moves from the current price level. Right now the price of Bitcoin is still very close to the $28K area and it's definitely not that far to go to the $30K area, so the possibility of breaking through that area is still very likely for Bitcoin if there isn't such a messy correction in the market.

Even though the market is correcting at the moment but I am optimistic that the market will close $30k within this month, based on the previous pattern of movement then the market may increase significantly in recovery and the price of $30k will be reached soon, but at least April will break the $30k area and the market will prepare to bullish reach the previous ATH price.

To understand that we are the ones who make the price go higher when we buy is the vital change in peoples perception. If you do nothing and buy nothing and still expect it grow, then it won't happen, if enough people just stay there and not move, that would be a stagnant market. We had that as well, between 16k to 22k levels, the price was stagnant and it moved up sometimes and down sometimes like that for many months only because people didn't move together.

These days it is around 28k thanks to people who bought it, there are still a lot of people who hasn't bought any bitcoin in 2023, and I think it will be quite important when their time comes and they help take the price further by buying more.

The 26k mark being significant suggests also we must confirm the break.     Support and resistance are references to the same thing, larger volume which has a gravity to it bringing us back more often in that theory at least.   However I think 24.3k or nearby is the level I would expect us to test should we fail to keep this higher level of trading, its more easily observable that we have closed daily bars in that area more often then other prices in this region.

March is the beginning of a revival, of course no one thought that the price would skyrocket significantly and be able to jump over $ 25k, many experts say that when the market rose but several times it failed to touch $ 25k so the price fell again, and now the price has reached $ 28k and became the beginning of the go to moon this year.

Personally I don't see the real significance of $26K but rather $25K. The only significance of $26K breaking was that it led to a close above $25K a few days later, prior to the move to $27.5K.  So in reality, breaking through $26K was like a knife through butter, with the only relevance that initially bears sold the price to back below $25K resistance level. This also means to the downside it can fall through quite easily it seems.


I think a pull-back to somewhere between $24K and $25K is logicial. If we're lucky price will hold the 200 WMA, but there can also be a wick below this on weekly time-frame prior to a close back above. Personally I like the look of $23K support as there is a lot of volume there compared to higher levels, and it's a decent -20% from recent high, so would be a reasonable pull-back (as opposed to -10% around $25K).

Of course we are happy with the increase that occurred in March, the price can be close to $ 30k and there is a significant increase in daily transaction volume, hopefully March is the start of an increase like what happened in 2021, of course there are no cases that can make investors panic like FTX .

I think in this moment It's difficult to predict the future movements of the market, but the recent climb in Bitcoin's price is a positive sign for the overall trend. While dips can be scary for some investors, they can also present opportunities for those who see the potential for long-term gains. In April usually better.

If we pay attention to the market, the price of $ 26k does not last a day because the market continues to rise and touches $ 27k to $ 28k, of course this is a good achievement and is the start that the April market will be promising, and unfortunately today the market is red again and makes we have to buy more.

The price ended with $28k dollar last month but some people predicted to reach $30-40 but that could not be realised since the price of bitcoin cannot be predicted, but from the second week of January to the end of March the price was stable and it favoured many traders and investors.
And this month of April, the way the movement is, it might hit the March predicted price which was $30+k. The market right now is moving between the $27k - $28k and I don't think the price will still come down to below $27k again before it will shoot up again to another digits. Patient is the best approach in the bitcoin investment business. If you are not patient then you miss out.

Today many altcoins are soaring like Doge which is up more than 28%, unfortunately bitcoin has not moved in the last 24 hours of trading, but with the higher daily transaction volume the opportunity to reach $ 30k in the current week will occur and maybe in April the market will rise Again.

For some reason again, Elon changed the tweet to doge and that's why people bought doge. Let me say that again, Elon Musk, changed the icon of twitter, which was a blue bird, into doge, and that's why a lot of people bought doge... There is something fundamentally wrong with people but I am not sure what, and why.

How in the hell did it make sense to buy doge because twitter changed its logo, how did that make sense to any person, and even worse, people actually profited from it as well. That's crazy even beyond my understanding and somehow that happened. Aside from that, no other coin went up like that, sure it was a green day but small changes, nothing major.

Nobody knows when the price of Bitcoin will collapse, so I believe that bitcoin have to do with investors,  so when more investors are coming to invest more it rises, now that the price is absolutely increasing, I believe that bitcoin price have will still decrease because the bond is not strong enough,  so I believe bitcoin price can have more bond or be stronger when we get to the propose year 2024.

The biggest question that came up last month was whether or not bitcoin reached $30,000 in price. It did not work out, but will it happen during this April period? So far, crypto currencies are doing well; they do have bad days, but most of the time, they are going up. Additionally, $26,000 will serve as support if it maintains its current momentum in April. Those that are sitting tight waiting for bitcoin to decrease its price to $20,000 might hang tight in vain. Therefore, whenever the price of bitcoin falls, even above $20,000, you should invest.

We have left $26k and our next target is to reach $30k soon, many people say some price that is passed like $25k, $35k, $50k and so on is like a strong wall that is difficult to break, when the price can be passed then the opportunity to skyrocket is very big.