Bitcoin Forum

Starting to look like one hell of a store of value for these FUD guzzling wussies!!!! Haha!

Suck on that one Peter Schif lmao. Jim Cramer rated BTC bearish maybe 🤔. USD going to absolute dog shit. Gold and silver are up and bitcoin is MOVING. LFG!!!

yeah bitcoin is now 30k$ and i think it is the most awaited bull season, the comeback of the bull season from year 2021 let see what is the net movement and we also need to stay calm and be careful because we still don't know if it is still a bull run or a bull trap after this 30k$ price the next stop will be 35k$ and if it reach 35k$ then i conclude that bull run begin.

The main irony I realise is that in 2021 and 2022 most remained bullish with Bitcoin above $30K, and that was an accurate statement until price broke below in May/June 2022. At least that's when it became clearer that the bull market was truly over. Whereas now with price breaking back above $30K the bullish sentiment isn't exactly universally accepted, in fact many bears remain sceptical despite the move.

Let's not forget that the initial Luna-based capitulation started around $29K, and price has since reclaimed this level. It just goes to show that while selling into capitulation can be a strategy in order to accumulate at lower levels, it's only ever been a good short-term strategy, rather than long term. No doubt most people who capitulated below $30K failed to re-accumulate at lower levels anyway.

Aside from the fact that $30K area was previous support for 18 months, the fact it was also the confirmation of a bear market when broken below could well mean it can act as a confirmation of a bull market with price back above and is therefore somewhat of a psychological level. There remains many similarities with the capitulation from $6K in 2018, and we all know what happened when price reclaimed $6K in 2019.

While it definitely makes sense seeing as Bitcoin was artificially hindered by the Terra and FTX debacles last year, it's unclear whether this is the big green candle or if it is a 2019-like run that will have its correction in the lead up to a later bull run. The only factors that I can think about that would mean that this run is not the true one, is the stops that the U.S will put in place to artificially strengthen the dollar in the short-term, or resistance at 30-40k+ levels. Skeptical is definitely the right word for it, though I have a feeling deep down that the disbelief is not warranted and that the growth should be embraced due to its cause being directly in line with what Bitcoin is all about.

I’m surprised that the price went through $30K and has been holding above it without a good sized pullback. That leads me to believe this rally still has legs. Somebody out there is snapping up all the BTC and just keeps buying. I do feel like we may see a pause at this level for a while to allow for some accumulation before the next leg up.

I have been expecting the price to pull out since from last week seems there was no enough buying pressure making it to remain within the level of 27k to 28k for about somedays if not of 2 weeks there about. Today finally the stone was rolled off from its grave and we see +30k unstoppable, well let just watch and see because i know too well that we should be rejoicing for at least 70k to 100k if not of the past event and turbulence that drastically dropped down the price uncontrollably.

https://i.imgur.com/wcvAzwy.jpg

It was to be expected. I was one of the people who kept saying that bitcoin is undervalue sub 20 000 and that not buying it at 18 or 19 thousand is a waste, but people were so scared by FTX that doom and gloom mood prevailed for months.
That said, I'll be surprised if we go past 35 000. 28-35 looks like a range we could stay for a while. The mood isn't bullish enough to take us back to the 40s.

I have to find Gareth Soloway who kept repeating on Kitco and other channels for the last year that the bottom isn't in and that he's waiting for 10k to buy. He's going to need a pack of tissues.

That's what I am thinking about considering the run and I'm not doubting that scenario and let's see in the coming days on how it will play out. Furthermore, this is really a good start and yeah this indicates that the bulls are back. I'm thinking a mini alt season run but if Bitcoin starts to correct then alts will totally bleed back.

I was also surprised when I saw the bitcoin price reached 30k and this was also my friend who told me, and the last time I saw the bitcoin price tended to be above 27k I didn't see it anymore.
and the gradual increase in bitcoin that continues to occur makes bitcoin increasingly trusted by various groups, companies and others as a good asset to have.
and i think bitcoin price will stop near 31k level in the near future and there will be a healthy correction to continue the next level.

Those are perma-bears, so I expect them to really go full retard with their bitcoin predictions, lol.

But yeah, we have jump to $30k++ because of the anticipation from the Feds that the rate hike at going to be minimal. So it's good news that's they the price suddenly took off from a dull $28k in the last 10 years to what we have right now. Maybe this bears will have to come up with another excuse to say that this is just temporary jump. But it's better to just ignore them, again, they are perma-bears or anti-bitcoin so just let them open their mouth.  ;D

well cpi is out this week.

next fed jump is may 1-3

if we do a 0.25 again I am thinking it helps btc a lot.

Maybe 40k by may

This is good news for everyone, Bitcoin is visiting the much awaited territory.

If we consider that the bottom was at approximately 16K, we will now have achieved a rise of about 95% from the bottom point. This is an amazing rise in just a few months.

Once again Bitcoin proves its strength and that it is the most reliable coin and a safe store of value in the long term, of course we are still at the beginning and we are expected to see a continuation of the rise over the coming months.

I agree with you, we may need some high liquidity to stay above that price of $30k+ for a while and while we are at that, we should consider some events because that is what will help us to prepare ahead of the next leg of the market, as we wait for what the next move and the direction Bitcoin is going to take we may have some troubles with price consistency at this point since it took bitcoin a long while to get to its present price.

The whales will continue to accumulate more bitcoin as their journey along and wait for the next bitcoin market break out, while we expect price to  increase we should also expect some level of market pull back at some point, since we cant continue in an uptrend price movement without some form of pull back at some point so we should be prepared for that too.

If it can do 30k it can go higher, there's no special volume at this level.  34k is my personal estimate for range top to present action, would be good to see it go the distance on this particular lap.  We will need to pullback at some point to consolidate and confirm basically.
   Schiff estimates BTC should be in the hundreds as it has and always will have some base level of interest.   By his own words he knows Dollar is falling apart at the seams, he never stops mentioning that yet he wont accept that BTC could be part of what appears in a modern world as some alternative to traditional FIAT.  He is lacking technology experience or vision of how many people engage with a world economy for some their only engagement with a wider world would be via a mobile device.   If they dont even read a newspaper but they do have access to BTC and ways to utilize this as a tool in their lives why presume gold is the only path.   Doesnt really add up to only believe in one thing.

It would be great if we could keep this trend going. Usually the early period is choppy. When we go from bear to bull there's still a lot of early birds who want to get some cash just in case this is a fakeout. I don't think it is, but market psychology can create some unpredictable panic moves, 2019 rally being a good example.

The longer we continue, the more people will change their attitudes. Probably if we went to 50k there wouldn't be any "it's a fakeout" guys left and we'd instantly test 60k. All those naysayers who were waiting for 10k bitcoin would finally go all in. Hey, if you can't buy cheap bitcoin, buy expensive one. :P

I can't call USD to be dog shit, although the US government knows how to manipulate it, but USD still remain the world's strongest currency. It is better than most fiat which have more declination in price and value. If comparing bitcoin to dollar, I will choose bitcoin though, but we should still always not forget that bitcoin remain a speculative asset.

I too do not see any bullback for now, but we should not think that bullback may not happen at anytime, even if bitcoin got to over $40000, bullback is still possible and it can be very fast when it will begin. But I too is not expecting bullback for now and likely more bull market is possible.

control.

This meme though is amazing hahahah. I hope we can get enough gas to shoot up to the 40s but 30k a coin holding steady for a while is fine by me. I think we can break past that especially with this widespread banking panic

In this year market I think we are experiencing positivity in the market of bitcoin so I believe that bitcoin price we are expecting bullish market to occur in 2024, but the way I'm seeing bitcoin I believe that bitcoin fall again after experiencing increment within this range, because I'm expecting bitcoin to do better for acceleration next year,  and since the existence of bitcoin it has not reached seventy thousand (70K) Before, but if it continues this drastic movement of additions of values in every month we step in, I believe that it might possibly reach to the previous point it was before it began to fall.

Yes, finally! Without the help of the popular billionaire, we can further as like this. $30k! I am more amazed because shit is happening left and right. FTX, more scams, and a lot of altcoins being advertised more than Bitcoin. I guess investors eyes are more open now. If they want a higher security asset then go Bitcoin, don't even think about risking it with an altcoin investment or an exchange ICO, or however they do offerings today.
Bitcoin doesn't even need someone to push it up using popular names, it will just fly to the moon as long as there are supporters. This is good.

The dollar has really lost value by about 12% against my local currency, which means it's really lost a great deal, but that's better for Bitcoin. I just woke up this morning to see Bitcoin trading above $30k1, it was unexpected to me and a good move. I hope it sees more movement as it has been able to hold strong above $30k since morning.

I really hate how these CPI announcements made markets in general more volatile than usual. I'm always far less productive when I always think "I wonder what does the macro peeps on Twitter think about the next CPI?" I'm totally aware that it's not the best way of using my time, but it's just so interesting and mildly exciting lol.

Eventually these announcements will be permanently terrible, meaning Bitcoin will be inversely effected to negative announcements about the US economy. Once the inversion completely sets in, it will almost always positively impact Bitcoin as the US economy continues to hit negative road bumps. Then eventually, the US Dollar will be so weak that the announcements will barely effect the volatility of Bitcoin.

It sucks to be an American with no Bitcoin right now...and it's only going to get worse.

As far as I understand - though I'm not expert with these CPI or rate announcements - then the CPI numbers weren't that bad at all, better than expected:


In response, Bitcoin's price hasn't really moved (at least not yet) and remains around $30K, despite the news being considered bullish for the economy. While I think that negative US economy news can be good for Bitcoin, at the moment it doesn't seem all that related anymore as Bitcoin loses it's correlation to stock markets and begins to follow Gold. I don't think we need to bet on a weak US economy basically.

I'm also not convinced the US economy will get that much worse though. Generally we have seen improvement over inflation numbers in recent months, so it gives me the impression that if a recession was going to happen it would have started already. We've had the classic bankruptcies from major banks, followed by bank runs, similar to 2008, but this hasn't led to a domino effect or collapse as it were.

Even the stock markets generally have remained relatively stable since May last year, over 9 months now, generally moving sideways or with slight recoveries. It's not usual to see this much confidence in these economies for so long while there is the fear of an impending recession. Many also anticipated a recession would begin by Q1 this year, and so far these worst case scenarios have been avoided.

I'm expecting the pullback to hit us anytime as soon as it breaks out of the $30k level and hits $31k or maybe even before that. Not a lot of people, including me, were expecting the price to hit $30k before the end of the second week of April, I personally thought that it will just stay stable at around $28k and might even drop a little from there.

I really wish that the price goes up to $35k from this point, but somewhere from the inside, I feel it isn't going to happen. I just wish and hope that the market proves me wrong and touches that milestone before the end of this month.

It's just your feeling, you don't have any proof to prove it won't happen. If you are waiting for bitcoin to move higher, then be optimistic because investing requires optimism. Pessimism is not profitable for you. The market is unpredictable, as long as you always have a plan for your investment, it doesn't matter if bitcoin goes up or down, there is always a way to cope when the market drops.

The achievements so far are of course very satisfying, but we must not be too quick to sell, I'm sure that when there is an increase like this, there will be lots of FUDs circulating and saying prices will fall again, but we must understand that conditions like today will continue to rise.

Bitcoin price has returned to 30k after a long period of almost ten months. Bitcoin seems to have come back to life and the green candles are standing up so it's nice to visit the markets as the portfolio grows. In the past the invested assets got smaller but now the green candle and the bullran wallet have strengthened due to the increase in the number of green candles now. More markets will be better in the future because now the current time is close to a bull market.

We've been green since January already, so if there is time to check your portfolio, then it should be regularly. But yeah, it's been a long road for us to see $30k this long, so it's a bitter sweet to finally again witnessing $30k and it could go higher in the next couple of days.

So I guess that next resistance is $32k, for sure it's going to be difficult. But as long as we keep positive in this market, it will be just a matter of time. Let's wait and hopefully we will remain bullish for this month so that the green candle will continue.

We have to be careful at this time because it is possible that the price will decrease again this weekend and will make people panic and not calm in holding their bitcoins. But for people who have known bitcoin longer, it will not be because they can still survive any situation and even use that situation to their advantage. If your target sell price is still not reached and it is the next peak price, you should keep holding on to bitcoins even if it takes a long time. If you can do that, you can get big profits later.

Focusing on our own goals by continuing to ignore FUD is a very good choice and there is no need to feel affected by it. Because the current market conditions in April are getting better even though everyone doesn't know when the next correction will occur, but from a glance that has been seen now Bitcoin continues to stay at $ 30K which indicates that Bitcoin will continue to improve with price recovery this month

It's nice to see +30k, but wouldn't be bothered either way, long-term is the name of the game here  :)

$30k definitely means a lot to every one of us and it should not be really considered a low job, it is a big deal. Not many people reacted the way they should, but the reality is that we have achieved something amazing and we should be happy about it. If we give the right reaction to 30k, the n40k will not be that hard to achieve.

Because we should have a lot of people who should be super happy and hyped about the increase, which in return should mean a lot of people having some profit and in the end all of that should result with having a lot of increase in the price as well. I know that it is not going to be that easy, but it should not be that hard to achieve neither, we should like that.

https://i.gyazo.com/5757ef62fc542b1888fb3da52b77a4a4.png
Look at the statistics for the bitcoin price in January, it has shown a green candle, which means this increase is a little slow, but what is certain is that now it has reached the level of $30K this month, of course there is still hope for further increases, but I still think there will definitely be a slight correction again after reaching the one he passed.

$32K won't be a hit if this remains a positive trend, some others think it will continue to break through stronger levels but I'm optimistic at the current price that it's good growth for our portfolio.

At least $50K will probably be the highest in the current year.

yes bitcoin managed to penetrate $ 30k, but it still hasn't really penetrated because the price of bitcoin is only slightly above $ 30k and at any time it can fall again below $ 30k. but this is also a good move for the bitcoin price going forward because several times bitcoin failed to break $30k. it only takes a small price increase for bitcoin to actually break through $30k and be able to trigger a bigger increase.

I think bitcoin is take steps by steps for bull market I really wish that the price goes up to $35k from this point,$32K won't be a hit if this remains a positive trend, some others think it will continue to break through stronger levels but I'm optimistic at the current price that it's good growth for our portfolio, $32K won't be a hit if this remains a positive trend, some others think it will continue to break through stronger levels but I'm optimistic at the current price that it's good growth for our portfolio. but if it continues this drastic movement of additions of values in every month we step in, I believe that it might possibly reach to the previous point it. The market is taking bullish steps little by little in gradual process.

When those people keep on saying that they're bearish, we all know that do the other and opposite thing and that's the message.  :D
Now, it just needs to go into this price as a support and we might see some better prices again. But then, do not be too confident that we'll stay here because no matter what happens, we're already heading to the bull run and $30k will be left behind for sure.

Exactly, I'm with you on that!

28k was big resistance zone for Btc and Btc failed many times to break this zone. i was waiting for this to be done because its required very high volume of BTC and at last it has been broken with high volume. Now Btc trading above 30k and alt coin father Ethereum are also crossed 2k. whole market is now looking green and i believe that Market is now entered bull season. If BTC remain stable above 30k then very high chances to goes straight to 40k just like its dumped in china fud.

I'm surprised it reached $30k since I thought $28k, it's the final price and it will go back again to the low price but this seems like something is pushing to make it happen that it looks like a bull trap for the second time. lol Now I'm getting confused whether it's the final resistance level or there will be another push to it, perhaps until $35k - $40k i guess then go back to the low but this should take a while until the halving happens. Well, I might have to look at the chart again to predict where it should be landed next.

Bitcoin have been coming up since January but finally hit $30k+ , is actually a good sign and i believe that Market is now entering bull season. If BTC remain stable above 30k then very high chances to goes straight to 40k.

It isn't a surprise to see Bitcoin @$30k  there had been some prediction roaming around when BTC first touches $28k that the next hop would be $32k so getting into the $30kish price is just a road to the next target price.  Anyway, I am still hesitant if we can call this a bull run since there is also a possibility of bull trap and reversal.  There is not much good news that can strengthen the bullish sentiment of the market.  But yeah, let us enjoy the current price and see what would be the next thing unfolds.


We might be seeing $32k soon.. then $36k the $40k..  and so on..  Just hodl and wait for the price uptrending unfold.

I thought Buffet was more of a counter to crypto and extreme in his criticism.  Considering its just technology and plainly works just fine its surprising how negative he is.  Schiff says its a few hundred of worth but acknowledging at all its dependable for some simple value exchange says enough for me, no point arguing past that as every price in every commodity is variable and debatable anyway.

closer to take 31k today  https://coinmarketcap.com/currencies/bitcoin/ at almost 30,900 maybe in a couple of hours it will get through .

Now it shows how confident the investors and bringing their money back to Bitcoin , though altcoins is also performing (next always to Bitcoin) but it only shows one thing that we must enter now or be late till halving .

The 30k limits line have long been achieved and the compass has changed now we are heading to 40k, it may take time but we will achieve that against all odds, the problem with Bitcoin reaching that price so quickly is that it may correct down so sharply also.

The most important thing is to build up enough liquidity to keep its price above that benchmark for a while in other to build momentum to achieve the next target price which is 40k within this month of April.

They can say whatever they want, and we don't know if they're investing in bitcoin or not. No one wants to share their wealth with anyone else and that's what the rich always do. Instead of listening to what they say, watch what they are doing, and don't fall for their trap, and assume you are better than them. We should focus on our work because the results are still proof in the end.

$32k might be initial target price, we don't need to hurry and go for $40k as there will be a lot of movement, and we might see some minor but healthy correction along the way.

So let's enjoy the run, it seems that we are going to reach $31k by the rate that we are going right now.

Don't want to jinx it, but we are $30,830 as of this writing.

it's true that $30K has passed and it should be time to move on to reach the next stage which is sure to break through $40K, but will this really be able to pass? or even will fall back the same as the previous month !!!
agree with you my friend, keep the price above the benchmark so that can achieve the goal of increasing momentum and reaching the next target from what has been obtained. I hope this can be carried out well and there is no need to rush to improve immediately but only gradually.

Ok nice whatever the price will be going forward, I don't have any problem with that as long as the price keeps an uptrend movement instead of a decline which will become a negative signal for the best market to keep us down more.

But 32k is still a little bit of a safe side for us and if there is enough liquidity at that price it may further push the price to go beyond that up to 35k within a single stress, 40k price has been long overdue if the not for the various crisis that rocks the cryptocurrency market in late last year that has forced the price of Bitcoin to stay down for so long.

40k is too far away, maybe it can be reached but I doubt it would be during this month unless more economic instability is felt all over the world and people began to panic about it.

Still reaching 30k at such an early stage is a very good sign, the halving has not even happened yet and bitcoin is already close to half its previous all time high, with this in mind I wonder if during this cycle the bull run will start a little bit earlier as it seems retail investors are accumulating bitcoin as fast as they can.

A decline is good because it makes the market as the thing "healthy" but the decline that I'm talking about is just small retracement because the price are also experiencing exhaustion and it need to pause for the price to consolidate and get momentum to go up again. The bull run is when the prie is keep appreciating but it doesn't mean that the price will go straight up like a straight line, the pause is valuable and important because if the price did not consolidate and just go straight line then we will see a massive dump that can only happen if the trend is not strong. I'm looking at $32,000, because this is where the major resistance resides. The price may resist in this area but still anything can happen, there is also a small probability that the bitcoin will easily break it. The good thing is the market is now healthy again and I see now a lot of altcoins that keep increase these following days. The market capitalization of the cryptocurrency is also increasing and for me the only mean of it that more investors are putting money in this industry. This will be the year where we will see a coin that is flying again so better to get a lot of positions during this phase because the price is still very cheap.

I don't think the unstable economy will benefit bitcoin, Bitcoin can't go against the world economic situation. I think bitcoin's price increase today is due to the impact of the CPI just released.

Bitcoin has reached $30k, and we should not be too greedy but be more careful at this point. I am afraid when people become greedy and too excited, the market will reverse, and the market always reacts against the crowd. $40k is too high an expectation this month, I was just thinking how long bitcoin can hold this $30k.

Don't get too excited, I believe that in every month of April, the market is always greenish but there is a possibility of retracement after, we taking over 31k right now is too soon, so be prepared and don't forget to take some profits for reinvest after a correction, and the CPI result was also a boost for this price target. I hope that Bitcoin will continue to show strong signs like this. I've stopped investing any money right now because at this point it looks like buying at a high price to me, I could be wrong but I've already bought some good positions so whatever the case might be I will be fine.

Bitcoin has not even lasted up to 72 hours at the $30000 benchmark and we are here talking about 40,000 dollars. Have you studied the graph so well? is there a given level of stability in the 30,000 dollars? Is there a sign that a support is being formed at $30000 to avoid break down to 20,000 dollars and below?

I remember when bitcoin first touch $25000, it later retraced back to 20,000 dollars before it's made this movement to the current $30k+
It therefore means that bitcoin could also drop below 30000 dollars for a very long time before it will push up to 35000 dollars to 40000 dollars.

$30k is far past, the price is almost $31k so we have to be optimistic looking at the market, moreover there is no big scam case so there is no reason to go down, I'm sure this week the price will reach at least $35k and this month it can reach at least $45 k, keep buying and take a little time to buy before we see a high price.

I don't mean to overtly unreasonable with you point but at the moment, Bitcoin is already building up liquidity that will sustain it price to stay on or above 30k even though we just achieved that benchmarks.

And judging from the recent Bitcoin graft movement,  there is a clear pointer that Bitcoin is already eyeing 32k and if that happened the next stop price will be around 35k and then 40k bit that is just my own speculations any ways and based on personal observation and assumptions.

The memory pool at last is getting empty enough for people to push through transactions of 2 sat/byte during nights.
I wonder how this would impact this apparent bullish pattern and if the increase of the price could lead to an increase of the volume with could again stuff the pool.

I personally do not like the idea of regular traffic because a bull run being mixed together with whatever the NFT bros are up top with the ordinals.

For now, stay positive. We had taken enough punches in the face because those red days.  :)

I'm more with the potential start of the bull run, whether it pulls back to $25k or even $20k, I'd still call it as the potential start because we're heading to the halving next year and it's all interconnected and we're aware of what shall happen next.

Yeah, let's hold on and we all shall see the bull again and as a reminder to everybody, don't forget to take profits when you're happy.

Although the price has managed to hold on to $30k, it looks like we will see a correction coming again now that the market is in the weekend. So we have to be prepared especially since there is still a possibility that the price will drop below $30k but that is a good opportunity that we can get because we can buy bitcoin again at a low price.

I only hope for the correction this time, the price can stay at $30k so that next week, the price can increase again. Whatever happens with the market, we must be vigilant and not panic because if we panic, we can miss a good opportunity to buy bitcoins.

I just think more logically when some rich person advises everyone to invest in some good product. Because I only think that those who are already rich and willing to give good advice to others have already invested in what they suggest. So apart from listening to what they have to say, everyone really needs to see what they are doing so that there is clear evidence in this regard and one more thing is when the price of Bitcoin increased to $31k today, it can also be proof that some people the rich do invest in Bitcoin by continuing to buy it gradually.

Yes, some financial advice is sometimes helpful, but you shouldn't be overly concerned about financial advice that you don't fully know. Why are there so many people saying "this is not financial advice, you should consider it at your own risk", I think it's because the price of bitcoin is so volatile that it probably can't help them make a profit even if someone else can.

But regarding bitcoin, this asset is believed to be the best investment option so far. Bitcoin is even better than gold, its performance proves it to everyone. But whoever they are, they still have to consider the risk instead of just expecting returns.

The 30k price gives hope that bitcoin will even perform more better than what we are seeing. There will be some market correction before the pump continues, and for new Investors who just invested before bitcoin broke this price limit, they should be encouraged not to quickly sell and take profit even though they have made profit. As we celebrate 30k, we will also celebrate 40k and keep celebrating until a new all time high is set.

Yeah, the market is too unpredictable, and that is the reason why it feels like it is going to get a correction from this point. It couldn't hold it strong after testing the $31k mark and went down shortly after that, which can either be a signal that $30k is going to be the next resistance, or it was just a fractional correction.

Either way, I'm still positive that we will see another jump pretty soon, and that's when I would like to start doing DCA, I wouldn't buy all-in on a single price point considering how unpredictable it has become lately.

Very promising start of the year as price could touch $30k after almost a year under $30k, 2022 can be an important lesson that when we are too optimistic the opposite happens, price drop from $69k to $15k, and i also lost a lot money because the most expensive price I buy is $55k and sell at $22k.

Right, it's the best thing to do, DCA and just continue to invest on bitcoin because the chance for us to earn huge money is here, we just have to invest when the price is still very cheap although it's $30k.

So we will remain positive all throughout this process. As we have gotten over $30k and as per prediction the next biggest barrier will be $32k.

With that we just need to stay long in this game, as the ensuing rally might continue this year.

Correction is expected but that's for the greater good, Bitcoin can still fall back to 20k again who knows? But I am not ready to be watching Bitcoin price time to time, it won't help unless you are a short-term investor or a trader, now it's still a good time to keep your DCA going and not put an end to it just because Bitcoin is now over 30k. Also, the FED can still make Bitcoin price see a leg down again, and watching the chart it is not looking good if Bitcoin keeps surging and surging.

You were selling bitcoin for nothing. The most important lesson for those who bought bitcoin at a higher price is that if you didn't sell, you didn't lose. After 2017, people also bought bitcoin at 15k-19k and then sold at 3k-6k and left the market thinking bitcoin was a scam. But they had to wait 3-4 years to make a profit after what they thought was a bad trade. You should also have waited instead of selling.

Bitcoin is worth around $30k with every investor hoping that the price will go higher bitcoin investment has good long term results. The crypto market is not stable and there is less chance of scams in bitcoin investment. It is foolish to sell even if the price goes down the reason for the price drop is to wait patiently for the price to rise further. As the volume of bitcoin sold in the market increases, the price decreases and as more institutions adopt bitcoin as a means of investment and exchange its price rises.

I don't know how people feel when dollars depreciate or lose it values, it doesn't harm me when I see dollars going down, what I'm interested of, is bitcoin increasing in value and that is only way I believe we can as well be excited, because dollars affects country currency due to world Bank and GDP of the country,  the aspect of bitcoin getting accelerated, it always be surprised to people concerning  increment of bitcoin whenever it increases, I believe that bitcoin have a very good support this days and that's while it's increasing, so I believe that as this increment started it will continue to increase.

For now, maybe the bitcoin price will be in the $30k area and won't be able to immediately jump to the $40k level, although with the current increase many are speculating that the bitcoin price will arrive soon but there is also a possibility that we will experience a correction first, The recent hike in price is certainly a breath of fresh air for bitcoin holders especially for investors who bought bitcoins for $19k during last month's crash as they have made significant profits selling them back during this upswing.
Let's see where the market goes next, hopefully not falling back to the $25k -$20k area.

At the moment Bitcoin is at $30K which is double the market growth compared to before. We've seen Bitcoin price hit $15K in a bear market before the new year started. But Bitcoin did not stop at that position but it slowly reached the market again at $30k dollars. And I think the Bitcoin market will exceed $50,000 by the end of 2023. So there is no need to be so pessimistic about Bitcoin price it will reach its core level again. Investing in Bitcoin and holding it for the future would be a wise move.

I think correction will not take too long. Between having a very strong 30k and not being able to go too much higher from there, it means that if the correction happens now, we will drop to somewhere above 28k level and then it will take just a day or two to recover from there as well. I know that it is going to hurt everyone to consider something like this, but in reality it should not be a problem at all to have a small drop.

I get that some people leave when they see a drop, that plus all the long futures being cashed out causing another dip will equal to a lower price. But just because there is panic in the air at that moment doesn't mean we will fall too much. We should be able to recover nicely very quickly and continue to move on.

The question is why are you selling Bitcoin at $22K when you are buying Bitcoin at $55K? If only you hadn't sold the Bitcoin you once bought at that high price at $22K, you would have gotten some recovery from the asset you had. So I think there's nothing wrong with being optimistic about Bitcoin even in bad conditions because recovery is a sure thing as long as the number of enthusiasts who want to own Bitcoin doesn't decrease.

Since the crash of FTX and Luna markets in 2022, Bitcoin prices have been heavily dumped. And since making the lows, Bitcoin price has been slowly showing bullish candles since January 2023. And we can embrace its rising price as a bullish signal. Because Bitcoin halving is going to start around 2024 and the price of Bitcoin will increase twice as much as last year.
Bitcoin price hit 30K in April and is likely to rise further. Each month the price of Bitcoin will increase periodically and the green candles will rise.

I really hope that you have improved your skills since then as there are not many traders out there which can keep themselves afloat when the magnitude of their losses is so massive.

Most likely at the time you invested in bitcoin because of FOMO, as there is no other way to explain someone buying at such a high price when they had the opportunity to buy bitcoin cheaper for years, and then you became a victim of the FUD as you decided to sell for such a low price, so my recommendation to you is that you focus on the basics and think about why are you investing in bitcoin on the first place? As making money is not a good enough reason, you need to also think of bitcoin as a useful asset which can become quite important during the next decades, and once you think like that even if the price crashed you will not feel compelled to sell your coins.

Bitcoin is 30k again. But maybe we'll see 20k and below.

Lol, I thought that you will be positive seeing the price at $30k again. But it's kinda funny that this thread is open way back in April when it was the first time that we touch $30k again after a long time. But after that, it started a free fall in the next 2 months, seeing lows of $25k and then the sideways of around $26k-$28k.

Nevertheless we have broken the pattern again, as we have seen $30k twice already. Just a matter of time before this resistance price (so far), will become our biggest support. We need to surpassed it first or at least maintain it before we made a break out rally. But we need more good and positive move as we all know that there could be money still just waiting for the right time to jump in.

Many are waiting to buy if the price is below $ 20k, all opportunities can certainly occur but seeing the current market conditions it seems it will be difficult to drop below $ 20k, this is because in early 2024 there will be a halving day which makes prices increase, other than That potential to continue to rise can occur because the number of users continues to increase.

Turns out many are also waiting to buy if Bitcoin can hold $30K by the end of the month as well, not just a return to $20K. Personally I still think a pull-back to around $27K or $28K prior to finally breaking the year long resistance level is more likely, but there are many bears who will finally admit they were wrong about 2023 if Bitcoin can reclaim the $30K level. This is because many anticipated that the highest price Bitcoin could reach this year was $30K, prior to a correction for the remainder of the year to lower prices. But failing that, price could otherwise go back to $50K or $60K if in fact $30K isn't the top for the year.

I think many have also overlooked how many "usual" participants have stayed away from the market this year compared to previous bear market years, because they STILL anticipate that price can reach $10K or $12K, despite the rise from $15K to $30K. Personally I think it's evident by the relatively slow recovery taking 6 months to double in price, whereas in 2019 in the same time-frame price was up 300%+.

Very nice bullish staircase looking formation higher on the weekly bars of these last six months or s, despite all the worries in between short term it looks good overall.   We have to step back to appreciate BTC is doing quite well fairly often as it tests sentiment quite harshly but then we also rise rapidly similarly so I guess its symmetrical in that way.
https://talkimg.com/images/2023/06/23/Hq7pz.png
I do anticipate we pull back to near the 50 day average at some point but staying above 29724 or similar levels would indicate BTC has no problems regaining its pace on a wider perspective even when challenged with selling at times of bad news etc.

Those who have already experienced the benefits of Bitcoin and also believe strongly in Bitcoin will never wait too long if they still want to buy again at this point. Because if they are waiting for a price below $20K for a reason to buy, it's only because they want to have higher profits, but if most people are targeting short-term profits in Bitcoin, of course any moment will always be used well to make the target achievable. Today Bitcoin has passed $31K and it is proof that a drop to $20K is a thing that will probably take a very long time to happen again for Bitcoin as there has been a lot of good news that could push Bitcoin price up.

I believe a correction is still very likely even today bitcoin has ordered $31K more to the price. Bitcoin volatility has increased in recent days - but this is also a good sign that bitcoin is still the best investment asset one can consider. I'm not worried about a possible correction - but should probably be prepared to go $35K and above before the correction hits.

Let's hope $30K becomes strong support for the rest of June, but then I hope the $35K resistance can also be hit.

The current Bitcoin price movement is unexpected to many people and at this point,  the best possible asset to hold right now is Bitcoin because its price could move either up or down in high percentages within a short time so to be in a better position,  one need to constantly hold enough bitcoin so as not to miss out when this kind of price actions happens and also develop a good knowledge to hold while the price also moves in the negative direction.

So the bottom line is that Bitcoin is best held for a long-term base if you want to get the hmbesf shot from Bitcoin.

I wouldn't say it's unexpected, we have been trading sideways for 2 months now, and it's just about time that we need to see a break out run. And that's what happen this week as the price goes up to $31k and I think there are still more push that is going to happen at the end of the month.


Yeah, and instead of waiting and anticipating that the price will go down to $10k-$15k this bear market, it might be better to just buy portions by portions thru DCA and you will be good for the long term.

Everyone is waiting. We are small merchants, so just wait for the games of the popes and other big institutions. to me it's just a short movie playing for the sauce. Yes, people are now smart in responding to the FUD issue and have started to look at this potential market. BTC, Gold and Silver is a dream too for them.

The bad news is gone for now, go to twitter and search #ETF, then you will see the good news that the SEC approved the first ETF in the US,
of course this is very good for the market, because with Bitcoin above $ 30k the bulls can last a long time again,
and I I'm sure this news will also have a good impact on Bitcoin and altcoins, we just have to wait.

Naturally, investors were a little amused when they entered the market yesterday because there were setbacks and they didn't want to bother after placing their large funds in crypto and Nice decision to wait for how the market will react and news that shouldn't be expected will no longer disturb investors and great institution to enter the market. Yes. looks like the running bull race will start soon.

     -   With the sudden pumping of Bitcoin in the market today, it actually seems like it is just like last month after the highest peak value of around 31K$ more than it suddenly fell in the market. It seems like the fake pump that most people thought last month was actually a bull run.

This is what I see in reality. There might be a lot of easy things in the so-called Fomo, so those who try to buy now should be careful, because for sure your assets will be stuck. Just in my opinion.

I don't really feel surprised at the price jump, but I know many people will say it's unexpected. The reason why I don't feel surprised is because I know that despite all the recent happenings that might have led to the price decline, I have just been saying that it only needed another positive news or just a little push from any of those factors that contribute to the price uptrend, and we would see a sharp uptrend moment, and that's just exactly what's happening.
Well, just as you've said, Bitcoin is the best crypto anyone can have in their portfolio. One funny thing is that some people did not even buy Bitcoin when the price dropped to $24k; maybe they were waiting for the $20k fall, but now that the price has gotten to $30k, you will see some threads like, "When is the right time to buy Bitcoin?"


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

Lately the price of bitcoin is back above $30k. Maybe this is a sign of the return of the bullish season. Let's see how far the next bitcoin price movement will go. Hopefully by the end of this year bitcoin price can reach at least $40k.

Obviously, the present bitcoin price is not up to the level where we can pronounce a bull run yet and even if Bitcoin make it up to 40k we are still in recovery the only time to pronounce a bull market return is when the price of bitcoin makes it up to 55k and above then we can perceive the market as bull make a return.

But all the same, bitcoin has made a remarkable price movement and at this moment we can say we are highly in the green zone and soon the full market recovery will be achieved.

I think this is just a temporary surprise and not a bullish season, it's too early to say that. the situation is yet to be seen that the signs are towards improvement there is still a continuous correction which could always occur in the future.
but it's a natural thing that bitcoin continues to do and usually after a deep correction there will be an increase. I think the price of $ 40K will be reached by the end of this year to prepare for the halving era where there will usually be an upward movement.

Perhaps, but if we have been pumping since January, a 40%+ increased and up to the half of this year, the price is on the rise, then how do you call what we are seeing right now? It is somewhat more of a bullish sentiments.

And we are again about to break $31k, before the end of the month and it is obvious that the feeling of the investors are positive that's why it reflect to what we are seeing right now. So for short term or end of they year, possible for a $40k-$50k level.

^^ We did break $31k as I was watching it. The funny thing is once, we break the price, it even didn't sustain the run, it was jut like $31k in 5 minutes and suddenly the price goes down to $30k'ish and I though that we might see a decline to $29k.

But as we all know, $30k is a big support so it hover around this price, $30,200 and I think still very strong support line. Nevertheless, it's really funny to see the price hitting $31k just for a brief moment, all sell orders is at the $31k and it easily got liquidated.

This is why the OP thinks that the $30k price of bitcoin is a bitch (lols) because it likes to bring bitcoin back to that price whenever she wants to get above $30k.

Bitcoin's $30k resistance price does not want to relinquish control so bitcoin may easily reach a higher price. For too long, the price of bitcoin has been $30k. By next month, I hope to see bitcoin go to other higher prices and maintain the price for a long. 

Yeah, but I guess sooner or later we are going to break that big $30k though, not just right now as it remains as the resistance. But the positive thing is that the price is $30,500 at the start of the month. So we can think that it could be a good sign that we might see July being a good month and be breaking that $30k for good and then remain our position.

So we will see, no price is hard to break for us specially if there is good news. Just like you I will remain very positive that the $30k resistance price is going to be broken the 3rd time, and we will maintain that price for a long time or even jump to the next price level of $40k.

Yeah! Bitcoin has indeed reached $ 30k so some of the targets of traders have been achieved,
but remember $ 30k is the beginning of our bullish journey, if we sell at $ 30k then you will waste the opportunity to earn more profit,
so my advice is better to hold Bitcoin you, but if you want to sell it maybe 20% of the total you have.

been months that we haven't seen this level so i can understand that some are enthusiastic about the recent performance of bitcoin.
more then likely, a lot will try to get some hoping that they can get their profits very soon.  but should  have conservative estimates as you may find yourself in tight position if in case you need cash and you need to sell some when the market is down.

We were able to get over the $30k hump, unfortunately, it didn't last though, it reaches $31k when the news of refilling about the Bitcoin Spot ETF and I though it's going to continue towards $35k.

But at least though, now $30k became the support now, not the resistance level. So for now I will take that as a positive sign. So the support like is $25k, $28k and now $30k.

Plenty of months to break $31k, so let's remain positive.

Having a positive attitude is essential when investing in a volatile and unpredictable asset like bitcoin. But we should also not be too optimistic and become subjective with the market, which will most likely pay a heavy price. $30k has become more support than resistance, but the market hasn't had any good news big enough to make bitcoin move out of support. So I would remain cautious rather than overly aggressive with what is happening right now, $30k could still be broken at any moment.

I know this is an old thread but I see it’s been bumped. Here we are once again at 30k, remarkable really. Would be really good if we could leave 30k once & for all, pumping into the 40000 area again. I’d even take a pump to 35k. I guess we must have patience, bitcoin always acts like this & just when people get bored, then sell or convert to alts, BOOM breakout. Patience is key, we are due an upwards surge.

I fell in love with this tittle. It made me remember the drama that surrounded the movement of bitcoin to 30k. Many people actually lost faith in bitcoin but old timers know how bitcoin behaves. If I anyone cannot account for bitcoin, I will wholeheartedly do that. Bitcoin is the reason I left altcoin shits. While many projects failed, bitcoin had stood tall and indisputable.

Bitcoin has managed to touch $31k but it did not dwell there for much. There is a strong resistance preventing bitcoin to hit 35k. My concern now is not bitcoin hitting 35k or above. My wish is that the 30k support be strong enough to prevent bitcoin price landing to 25k again.

Or btc is starting to look more like a stablecoin in 30k range, the price seem to be stuck in 30k range for quite a long time now that it's beginning to be very boring. Market looks stagnant, alts are a complete shit at the moment.
About time we either get pass 30k or get way below it for another push, at last it will create a bit of movement.

I think the price above $30K has only lasted for more than two weeks so there is no stablecoin price because currently, bitcoin is still trying to return to the next resistance, I say this will be more of a sideways movement and is still strong enough for the support point below it so that the price continues to hold.
Altcoin is really messed up? I don't see that, precisely when bitcoin is recovering altcoins will follow more of its movements but I think some altcoins still cannot recover properly.
I think bitcoin will pass $30K this month, we will see for the next movement.

This is where situation really hard to predict on whats next. We've been able not to move out or breaking that 31k price ceiling on which on the time that it did raise up on that point, which i did have an impression that

this might be it on the time we would be seeing 35-40k but it seems we would really be needing for more weeks or months on seeing these numbers. We do able to test out this resistance for how many times but turns out that it do really failed out on having that breakout. As of this moment then we are really that playing on this level and sitting and moving sideways which there's no fundamentals around and basing on technicals
we are really that having sideways but there are some upcoming bullish sentiment which it might happen but well this market is truly that unpredictable.

Positioning yourself into the bottom is hard because there are ones who are expecting for 27-28k price.

Since we all know it will go up soon I don't see any problem about spending more time on 30's. It gives us an opportunity to accumulate more Bitcoin.
When we consider mining cost I don't see BTC below 30k for long, it would be absurd to expect lower prices. Seems like we already have a new floor price now.

That is true, more opportunity to buy at this price, and since this is the biggest test for us and now that we are having a hard time breaking it, for some it's really a issue and it seems that they are not that patience to wait for the price to increase and not take this opportunity.

This is just a test for all of us, and just like bitcoin, we need to be very resilient as well. Because when the time comes that the price has been broken and we made a jump, then maybe we can all get back and says that we should have accumulate when the price is still cheap at $30k.

There are two scenarios I'm currently watching out to play in the short term for BTC.
One is the upside scenario where if Bitcoin stays above $31k and gets a weekly closure above this level, it is a precursor that Bitcoin may have a quick run up and establish a new price level towards $35k-$40k before the market takes another breath.

The second scenario is, if Bitcoin fails in its second attempt to break above $31k and eventually breaks or closes weekly below $29k, there is a high chance we will go test $27k-$26k where we broke out from in the coming weeks.

I agree with what you said, it is really possible that our patience may have been tested on whether we will be firm or remain in our belief in Bitcoin. That's why what others said is correct if you don't want to be affected by the news that comes out in the crypto space, it's really good that you only do long-term holdings.

You yourself will give a timeframe for when you will hold the bitcoin, will it be 2-3 years and when it reaches 3 years will you sell it, because of the belief that after 3 years it is possible that it will be more than 100k$ each or more this for sure, because no passing year has decreased its value at present,.

It is looking like $30K might be in jeopardy here due to the unexpected strength in the latest jobs report. A lot of negative news seems to be counteracting the recent ETF rally. It seems to me like the government is trying to align things so the ETF approvals will soak up the mtgox coins in an effort to smooth out the highs and lows of the Bitcoin market. We’ll see how the end of the year goes I guess.

I think bad news from America will have a short-term impact on bitcoin, just like the rest of the markets. This has happened many times before. Now the price has fallen below 30k again, but I am sure that today or tomorrow or over the weekend it will be higher again. On the contrary, it is good that volatility is back in the market, it means that people are interested in cryptocurrencies.

If you look at what has happened throughout the year, this is indeed the case, there have been many corrections but everything will recover and the price has always been holding for a long time around the price of 30k.
Despite the negative press, I don't think the issue will have much effect anymore, we've seen a lot of those issues throughout the year but Bitcoin prices tend to last longer on positive prices than corrections have occurred.

In short they are trying to jeopardized what we have been enjoying for now. Hopefully though, investors are really that smart not to get affected by this news specially the Mt. Gox because admit it or not, it has been haunting us for years and years now and yet it is still has some effect to us.

I think it's better to look for short term effect, at least at the end of the year and see how the price will be.

It could be better way off around at $40k-$50k.