GeorgeJohn
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February 11, 2021, 10:51:07 AM |
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The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.
Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
Actually what we are contributing is like a prediction of bitcoin rate within the month, so bitcoin is already at values of forty six thousand = 46k, so from the way I see marketcap of cryptocurrency, btc can only get to fifty thousand =50k on the month of March, not really these month. So it will stay a little before approaching to 50k.
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buwaytress
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February 11, 2021, 03:01:22 PM |
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Actually what we are contributing is like a prediction of bitcoin rate within the month, so bitcoin is already at values of forty six thousand = 46k, so from the way I see marketcap of cryptocurrency, btc can only get to fifty thousand =50k on the month of March, not really these month. So it will stay a little before approaching to 50k.
Might actually hit today, looking at the volume -- and the failure of the retracement to pull back towards $40k -- I'd say it's all ripe for 50k to be at least tested by the weekend. And then we'll have a look to see what type of price awaits Monday traders. Say, two or three tests before a real direction? Either way, bears looking weak af.
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menoiazei
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February 11, 2021, 03:02:37 PM |
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The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.
Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
50k loading sooner than soon
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Cause is not before and effect is not after
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LUCKMCFLY
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February 11, 2021, 03:11:52 PM |
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As the market goes, it can happen now! Best of all, a lot of institutional investment has relied on Bitcoin, according to some JPMorgan advisers advise that because Paypal, Microstrategy, Elon Musk have not bought Bitcoin they wait for another great businessman to buy, it is time for them to react to buy.
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justdimin
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February 11, 2021, 03:41:02 PM |
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I believe we are not going to see anything low anytime soon, I can't say when it will pass the 50k mark because that is something we could never know, or predict but I can say that we are not going too low anymore and that is an important part of crypto as well. I personally feel like there is this kind of situation in crypto where when it goes up a lot there is a lot of waiting period before it could ever go down and looking at all the companies that buys bitcoin constantly, I could say that there is no way that all those purchases could come with a drop.
Tesla bought some, and there are talks about microsoft and apple buying some as well, grayscale has been buying like crazy all during this period, in the end when all these companies keep buying means that the price will not drop that easily, will it go up? Probably but at the same time not guaranteed.
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BrewMaster
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February 11, 2021, 03:50:37 PM |
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Either way, bears looking weak af.
this is the only thing that matters in all of this. the bears are still trying too hard though but they can no longer do anything and end up losing chances to buy bitcoin before it is too late. but more important than that is the more they are weakened the sooner we will reach $50k otherwise they would have slowed it down like the way they slowed down reaching $40k until the market crushed them.
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There is a FOMO brewing...
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bitgolden
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February 11, 2021, 04:49:34 PM |
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The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.
Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
I guess we have at least another week for it to happen. People mock me when I say this but the valentine's day probably has something to do with not going over 50k this week, and many might say they are irrelevant but I think they have a bit of connection. In valentine's day everyone gets something for their loved ones, and that is what I was hoping for as well, I bought a cute teddy bear (nothing major, just wanted to surprise her) and that is going to happen all around the world, and even with lockdowns and covid still rampant, people will do something but probably most will do inside the house, still costing some money. These are of course not investment level stuff and we are talking about now major companies going in with billions but I think this is going to still push that 50k+ into next week. Maybe I am wrong but that is my guess.
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keyscore44
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February 11, 2021, 04:59:34 PM |
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From what I am observing, it was JPMorgan and other huge institutions that started to become very interested in Bitcoin. Let me just remind you that a few years ago JPMorgan officially called Bitcoin fraud. It seems that under the new circumstances, such institutions are setting the sail to go with the wind, and if not today, I'm sure that the Bitcoin price will explode within a few weeks. However, I am afraid that in the coming days there may be price manipulation and exceeding the $50k level will not be so easy.
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BChydro
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February 11, 2021, 07:25:45 PM |
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The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.
Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
The highest valuation the market went is around $48k and the market is trying to breach that once again and if it is able to breach the resistance then we might go well above $50k but i think it will take some time to breach the resistance around this valuation but in a few months we will breach the $50k before the market goes down.
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romero121
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February 11, 2021, 07:48:46 PM |
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Maybe we can expect the price of bitcoin reach $50k by tomorrow. There is fast pace growth happening between specific price points. With the large scale institutional investors into the cryptomarket, price has been booming high and declining continuously. As of now Elon Musk is the core person behind the market pumping. Maybe someone following him can try to make a better difference in the market.
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StreakW
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February 11, 2021, 07:59:17 PM |
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The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.
Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
Many investors are buying bitcoin at the current price and their target is not $50K. Bitcoin will beat this, you just need to hold your BTC The question what happens if reach $50K, you want to sell your Bitcoin?? Or what? I think you should stop be weak hands because you will regret it
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buwaytress
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February 12, 2021, 11:52:42 AM |
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this is the only thing that matters in all of this. the bears are still trying too hard though but they can no longer do anything and end up losing chances to buy bitcoin before it is too late. but more important than that is the more they are weakened the sooner we will reach $50k otherwise they would have slowed it down like the way they slowed down reaching $40k until the market crushed them.
Indeed. I have to say they've been disappointing me since November, really. They're trying really hard and have now missed several boats to load up for profits around current price, and there's more to come. Dips are hard to come by now, rally hasn't even gotten to full swing yet. Once Q1 comes around and we begin to see a clearer picture of how badly economies are doing from 2020 figures, it'll be another notch up for people and institutions to lock in value into something other than fiat.
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Fredomago
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February 12, 2021, 12:03:06 PM |
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The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.
Actually you must edit the thread because it is 48,800$ is the last mark of Bitcoin meaning we are only 1,200$ away from the breaking of that 50,000 in which you mentioned. Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
Next hours won't be an assurance but this week ? i think that is enough time to cross this much awaited 50k braking . Remember that Bitcoin always climbs up , There are some fall but recovery will surely follow .
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Oasisman
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February 12, 2021, 01:01:50 PM |
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The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.
Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
This is where a lot of investors lost their investment because they ran out of patience. Of course Btc won't break through the $50,000 level that easy simply because there are people who are also selling at this current price range. So, If you're planning to sell at $50,000 then better to have an extended patience, or you could sell at the current Btc price anyway, because nobody knows when will Btc hit $50,000.
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Yamifoud
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February 12, 2021, 01:26:57 PM |
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The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.
Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
This is where a lot of investors lost their investment because they ran out of patience. Of course Btc won't break through the $50,000 level that easy simply because there are people who are also selling at this current price range. So, If you're planning to sell at $50,000 then better to have an extended patience, or you could sell at the current Btc price anyway, because nobody knows when will Btc hit $50,000. I wish I could still have the courage to wait and have patience with me. We are really close to $50k but sometimes I was thinking about selling and able not to wait for that moment anymore. Maybe we could say that I was one of those weak hands and impatient people but you can't simply decline the opportunity given once because $48,000 is something big enough. Even you buy Btc at $40k and then sell it now, that seems not regrettable on my end.
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beerlover
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February 12, 2021, 03:15:33 PM |
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The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.
Actually you must edit the thread because it is 48,800$ is the last mark of Bitcoin meaning we are only 1,200$ away from the breaking of that 50,000 in which you mentioned. Let's not say "it always goes up" but end it with "it always go up in the long term", I have been around crypto long enough to know that there are great periods like the one we are having right now, and everyone feels invincible and they make decision based on these kinds of situations and they think they are going to keep making a profit forever, but the reality is that there isn't anything that is forever in the crypto world, you do not profit forever, you do not lose forever neither, it is probably 50%-50% in the end. However the long term trajectory is always higher, you earn 10%, lose 4%, you earn 20% and lose 8% and it goes like that constantly, of course bigger numbers as well. This is why I think bitcoin will be 50k, and even 500k one day, that is my end goal, if it ever reaches 500k I would say that it peaked at the top and can't go any higher, but until it is 500k I think it will always go up.
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vintages
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February 12, 2021, 03:17:38 PM |
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The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.
Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
Expect a price of 50k within this month or even a slight price increase of 55k. However, there is a possibility of dump and that's after all effect of Elon Musk tweets calm down. And its really good for the market, we expect to see a natural growth not a growth influenced by anyone.
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Review Master
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February 12, 2021, 05:47:16 PM |
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Many investors are buying bitcoin at the current price and their target is not $50K. Bitcoin will beat this, you just need to hold your BTC The question what happens if reach $50K, you want to sell your Bitcoin?? Or what? I think you should stop be weak hands because you will regret it
No doubt about that, we might see a small correction before bitcoin's made a new ath of $50k. TBH, real hodler won't sell out BTC if it reach $50k or maybe sold out some portion from portfolio. Also, everyone might wait for $100k as Bitpay card can be used on Apple pay which is a great news. BTW, google and samsung might be entered into bitcoin which is rumoring everywhere after apple pay's news.
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chikading2016
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Activity: 949
Merit: 48
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February 13, 2021, 08:45:36 AM |
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The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.
Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
Bitcoin in $50k usd is not imposible this time, we are now at 47k so we are almost there and i believe that we only need a very short period of time maybe next week or months i think this is a great time for bitcoin and i believe that bitcoin will maybe continue to rise above $50k usd i see that the bitcoin resistance is very high this time.
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zanezane
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★Bitvest.io★ Play Plinko or Invest!
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February 13, 2021, 09:17:07 AM |
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Maybe we can expect the price of bitcoin reach $50k by tomorrow. There is fast pace growth happening between specific price points. With the large scale institutional investors into the cryptomarket, price has been booming high and declining continuously. As of now Elon Musk is the core person behind the market pumping. Maybe someone following him can try to make a better difference in the market.
The price didn't hit the 50k yet but we can expect that when bitcoin ever so touches that 50k resistance, consider it broken because I was observing patterns that every time bitcoin hits a certain price point like 20k, the 30k was a smooth ride which means that in 20k the resistance is strong but the next 10k which is the 30k, the market simply glided in and then come the 40k resistance which we yearned to break for about a month and it has finally been broken when Tesla bought 1.5 billion worth of bitcoin and @romero121 might be right about prices going up if there is someone that is going to follow what Tesla has done.
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