bitcoin finally crossed $4000

[Oceat]

Too early to celebrate i think. $4K is great but we are still very away from the new all time high. It probably won't happen this year and maybe will happen in 2020. The chances goes much higher for 2021 though.

I would say 2020 would be enough already because we aren't sure if 2021 would be a great year for the bullish market. It might be another correction year for Bitcoin and most of us would suffer too much because we aren't ready for it and we expect the different outcome. And $4k would be the resistance but the market dropped already to $3.9k after a couple of hours. We shouldn't expect too much if we want to have a less worries.

[1715061066]

1715061066

[seoincorporation]

Too early to celebrate i think. $4K is great but we are still very away from the new all time high. It probably won't happen this year and maybe will happen in 2020. The chances goes much higher for 2021 though.

I would say 2020 would be enough already because we aren't sure if 2021 would be a great year for the bullish market. It might be another correction year for Bitcoin and most of us would suffer too much because we aren't ready for it and we expect the different outcome. And $4k would be the resistance but the market dropped already to $3.9k after a couple of hours. We shouldn't expect too much if we want to have a less worries.

True, we can see it going up and down, it hit $4000 and goes down again, i think it will be hard to see it going up to $4500 or higher. But something inside me want to see it going up to $20k again.

The only option now is to grab some popcorn and watch where the price goes.

[Kemarit]

It's very hilarious that price is under 3900$ now. Not a huge drop but what I can't understand os that why it didn't give further push btc to rise more? Logically since almost everyone wants high price, then there was a very little spark but it didn't cause flame, same happened many times lately. Can anyone tell me what's wrong here? This situation is very curious and price change is hilarious because revives fake hopes for a lot of people.

It's because speculators who might bought at the $3200-$3500 range might selling once the price hits $4000 that's why the price is having a hard time pushing, thus the growth is that sustainable at this point. I don't know if we can call this is a bull trap or a real rally, but that's what makes this market more exciting. Let's hope that the bears are really exhausted so that there are no more selling so that we can at least go for $4,000 this week and see how it pans out. Funny thing is that the price is not going below $4,000, might be a good indication that FOMO is slowly coming back and everyone is accumulating and doesn't want to miss the hype train again.

[1Referee]

But something inside me want to see it going up to $20k again.

Something inside me 'knows' it's going to $100,000 one day. It also said something in the form of patience.

The only option now is to grab some popcorn and watch where the price goes.

CME futures expire today 04:00PM forum time, so we might be up for something. It really looks like the price wants to go up from where we are right now, and CME might give Bitcoin that extra push. CME's volume is twice that of Coinbase Pro, so for people thinking they don't have any importance here, think again.

[grifinmch]

The market is indeed increasing and this has a good impact on the holders, there is more enthusiasm to look at the future. Bitcoin did get to the level of $ 4000 and again fell $ 3900, this is still a little pumping and for bulls, possibly in the month or next year.

[Baofeng]

The market is indeed increasing and this has a good impact on the holders, there is more enthusiasm to look at the future. Bitcoin did get to the level of $ 4000 and again fell $ 3900, this is still a little pumping and for bulls, possibly in the month or next year.

Yes, but we still need that one push again to put the price above $4k, but its interesting to note what @1Referee, have said, the CME futures expires today so it may have a impact on the current price and do hope it will be a positive one, as usually bitcoin future expirations have some negative impact as of the last couple of expirations, so let's see how things will turn out in the next 48 hours.

[Farma]

The market is indeed increasing and this has a good impact on the holders, there is more enthusiasm to look at the future. Bitcoin did get to the level of $ 4000 and again fell $ 3900, this is still a little pumping and for bulls, possibly in the month or next year.

market conditions are actually unstable, even very fast changes. even the price of $ 4k can't last a long time. however, little by little, prices began to recover. I believe in the potential of bitcoin.

[Fredomago]

The market is indeed increasing and this has a good impact on the holders, there is more enthusiasm to look at the future. Bitcoin did get to the level of $ 4000 and again fell $ 3900, this is still a little pumping and for bulls, possibly in the month or next year.

Still optimistic that this current run will continue, even we are seeing some bounce down but still holding and the current value is much greater than last month, if weak holders already sold their coins and allow strong believers to hold, this bull might be even stronger and maybe next month we will be able
to see much higher growth.

[n0ne]

The market is indeed increasing and this has a good impact on the holders, there is more enthusiasm to look at the future. Bitcoin did get to the level of $ 4000 and again fell $ 3900, this is still a little pumping and for bulls, possibly in the month or next year.

market conditions are actually unstable, even very fast changes. even the price of $ 4k can't last a long time. however, little by little, prices began to recover. I believe in the potential of bitcoin.

Bitcoin has got the potential to reach much higher value. Right now $4000 seems to be fast moving, the price hasn't sustaining above $4000. Today it has reached $4006, but suddenly has come down to $4000. It is getting hard and harder to break the $4000 barrier. Hope, a breakthrough is much required to reach the peak through gradual growth.

[samson]

Don't rule out this being nothing but a bull trap on the way down.

There is no reason to sit back and eat the popcorn here, we're far from out of the woods at this stage.

[omonuyak]

The market recovery is eliminating worries for me, and I think the hope of bitcoin recovery will occur this year, and profits will flow and can cover losses last year.

That is truth!  Many people are building confident on the cryptocurrency market again.  I decided to hold my bitcoin and not selling after seeing the way it sparked three days ago.  I believe that bitcoin is going to grow and the next level of resistance is around $4250.

[crzy]

Don't rule out this being nothing but a bull trap on the way down.

There is no reason to sit back and eat the popcorn here, we're far from out of the woods at this stage.

We are getting closer for the next bull run even if many investors says this is just a trap. If bitcoin was able to break $4k I think its not a bull trap, maybe its already a sign of growth. We must think wisely, and don’t make too much prediction, make a decision base on the current trend right now.

[Slow death]

Still hoping that the market will not go down from there.

if the price does not rise, then the price will fall

I think it is likely that the market is getting better and for bitcoin it will not only pass 4k and it is also possible that it will reach 5k.

I will be happier if the price remained stable above $ 6000, at least so I would not hear things like "the price will drop to $ 1000". But, the current scenario is not good, the price is still struggling to stay above $ 4000, and it is not easy being above $ 4000. That's why I think if we only see the price above $ 4300 we can dream of seeing the price of $ 5000

[bitbunnny]

Depending which exchange you watch but not everywhere Bitcoin has crossed 4000$. Even if it did that doesn't actually mean anything because the price pulled back and besides this price growth was too small to be the sign of some substantial change on the market. Don't celebrate too soon.

[exstasie]

Don't rule out this being nothing but a bull trap on the way down.

There is no reason to sit back and eat the popcorn here, we're far from out of the woods at this stage.

Sadly, sentiment turned really bullish after these last couple moves up. People still have a lot of hope for recovery.

I remember in 2015 once the bottom was already in, it wasn't like that. Sentiment was dismal and most people agreed every move up was a bull trap. It really doesn't feel like the weak hands have given up yet.

[Gaff]

The market recovery is eliminating worries for me, and I think the hope of bitcoin recovery will occur this year, and profits will flow and can cover losses last year.

That is truth!  Many people are building confident on the cryptocurrency market again.  I decided to hold my bitcoin and not selling after seeing the way it sparked three days ago.  I believe that bitcoin is going to grow and the next level of resistance is around $4250.

Let's continue holding our bitcoins and I believed after the previous bounces, we will see it will be crossing more than $4k in the next few weeks. Just wait for a good surges to happen, and never look back at bearish glitches because it will frustrate you. When there's volatility, then don't react badly; just  control yourself then you'll be lucky in the future.

[deisik]

Still hoping that the market will not go down from there.

if the price does not rise, then the price will fall

It's not set in stone, apart from really minor corrections like 50-100 dollars

I know we are all preparing to fight the last war in which that was the case. But as I already said a few times, we are in a different market today, so old patterns may no longer work and thus our expectations may fail. We crashed to 6k and had been trading there without major rebounds or breakouts. Then we crashed again to 3k and stayed there most of the time. So why can't it actually work in reverse order?

[BlackPanda]

The journey is still very long and the opportunity for Bitcoin prices to increase is still very wide open, we are all in good condition and therefore we all still have hope that Bitcoin prices will rise again. Bitcoin prices are still at the level of 4,000USD, but it is likely that the increasing trend will continue. We need to be patient and be sure that Bitocin will give a lot of surprises. Many dreams come true and Bitcoin always changes the impossible to become a reality.

[figmentofmyass]

CME futures expire today 04:00PM forum time, so we might be up for something. It really looks like the price wants to go up from where we are right now, and CME might give Bitcoin that extra push. CME's volume is twice that of Coinbase Pro, so for people thinking they don't have any importance here, think again.

but the volume has no relation to the spot market. there's no way to arbitrage, there's no physical delivery. the CME market is basically like trading a CFD. it's totally isolated from the market. there's no way it could lead the price. so it's not really important.

i'm much more concerned about bakkt because physical delivery = real effects on supply and demand.

[iMark]

The market recovery is eliminating worries for me, and I think the hope of bitcoin recovery will occur this year, and profits will flow and can cover losses last year.

Actually I would not expect too high, recovery is a difficult thing to happen, but for price increases I'm sure this year's bitcoin prices could be better than last year which continued to decline. the price has returned to $4000 and that's one of the signals