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Author Topic: Bitcoin just smashed through $30k  (Read 429 times)
khaled0111
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January 03, 2021, 03:00:27 PM
 #41

I'm not as optimistic as most of you guys. The price kept rising fastly during the last few days without showing any sign to slow down which is not a healthy sign. I would be  if there were few corrections every now and then.
Besides, there is no logical reason behind this sudden surge.
I just can't forget the 2017-2018 scenario when the price dropped from 20k+ to 8k in one month.

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January 04, 2021, 03:47:08 AM
 #42

2021 will surely be a year of bull market!!! hopefully we can buy more coins and earn lots of money Smiley
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January 04, 2021, 04:35:26 AM
 #43

What is going on with Ethereum? It has went up by 30% during the last 24 hours. Now ETH is well past the historic resistance level of BTC0.03 per coin. Most of the other altcoins are up by anywhere from 15% to 25%, including Litecoin, Polkadot, Bitcoin Cash and Cardano. And the Bitcoin dominance has decreased from 72% to 69% in a matter of few hours. Are these trends going to hold?

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January 04, 2021, 07:10:41 AM
 #44

It is a big surprise to us because we see bitcoin price can break $34 in the short term, and we can celebrate it by selling some bitcoin we have to make a profit.
We have more time to see the bitcoin price will increase more than the price now, and I think sooner or later, we will see bitcoin price will touch $40k or even more because the price has that chance to hit it.
But we should wait for a while because we do not know if the price can increase to $40k in a short time or not, and I see a battle on the market.
I guess that people now are amazing to see bitcoin power, and they will shock to see bitcoin price will be at $40k this year.

The significant increase in a short period of time that could reach 34k made me surprised dude.
as if bitcoin can't be stopped continues to be on the right track, it is not impossible that this increase will continue towards $ 50k and make bitcoiners rejoice.
I am surprised too to see bitcoin price can jump to $34k in the short term.
But it seems, the step of bitcoin to back to $34k is not as smooth as what we want because the price now back to the $34k level.
I am sure the bitcoin price will have more power to increase and back to $34k and increase more than that price.
If the bitcoin price can hit $50k, that will give us a bigger profit which we hard to imagine.
I can not think what will people out there that underestimate bitcoin for a long time, and maybe they will regret and cry to see the power of bitcoin.

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January 04, 2021, 10:09:47 AM
 #45

What is going on with Ethereum? It has went up by 30% during the last 24 hours. Now ETH is well past the historic resistance level of BTC0.03 per coin. Most of the other altcoins are up by anywhere from 15% to 25%, including Litecoin, Polkadot, Bitcoin Cash and Cardano. And the Bitcoin dominance has decreased from 72% to 69% in a matter of few hours. Are these trends going to hold?
The ETH 2.0 is the reason for the rally and it is yet to reach its all time high valuation while bitcoin smashed through its all time high valuation and was rallying for a very long time and it is time to have a small correction and lets see how long this will hold, whether investors will be jumping in to invest again.

I was waiting for a correction in bitcoin and i was surprised to see that it went down 9% today while the alts gained and i am curious to see how the market will react in the next few days.
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January 04, 2021, 10:44:25 AM
 #46

No problems. Happy new year everyone! Onwards and upwards!

But now looks Like Bitcoin is being full Down back to below 30,000

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


For the Last couple of hours, the continuing Drops are Happening , Not only for Bitcoin but Altcoin also.

If this will be the expected correction then Good to Have more now, But if a crash May come ,Be ready and keep eye open.

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January 04, 2021, 11:17:38 AM
 #47

After successfully breaking the price $ 34,000 now Bitcoin has finally corrected to a price of $ 29,000. This is a very natural thing to happen,
because some Bitcoin holders do take profit. But I find the support price at $ 29,000 very strong, so there is a big possibility that the price will
go up again and the possibility to go up higher than the price of $ 34,000. Because if the Bitcoin price rises without correction, in my opinion,
it is not healthy, and there can be a very deep dump. But if there is a small correction like now, it would be very good to make the price go
much higher.

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January 04, 2021, 10:26:15 PM
 #48

It really is. Upon the ending of year 2020, we have already seen that the price of Bitcoin is fast approaching the path towards $30,000 when it have surpassed its last recorded ATH way back 2017 when it smashes the $23,000 price after attaining the reaching of its last ATH that we are all have been waiting for after a couple of year. The new year of 2021 have been brightly gifted to witness the entrance of the new ATH recording of Bitcoin's another smash all the way to the top that makes everyone specially Bitcoin holders going excited about what is currently happening. But always keep in mind that the price is still not that stable for there are still certain ups and downs happening even after Bitcoin reach the $30,000 so better be careful upon doing entrance to secure getting profit.

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