It's not the end, $60k again

[Little Mouse]

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again. Many have shorted at this price, I had too (long ago). But it doesn’t seem stopping anytime soon. If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.
What do you think? Is it still a good time to get in?

[STT]

Buy on momentum into the rise is a trading tactic sure but its also hard to judge if the strategy is purely to surf that wave of buying.   Surely all prices are tested at some point and that can be quite severe if there is alot of froth occurring from rapid movements.




Heres the prior movement to the rapid move we've just seen.   The base line and mid way is somewhere it should stay above at least to remain bullish in any pull back and 58k is weekly average also quite key

[bitzizzix]

As most people said in April, bitcoin will show a new ATH and it looks like bitcoin increase is also bringing altcoins up from their previous price.
It looks like bitcoin price will continue to increase gradually towards the new ATH for the next ATH, and there is a lot of good news that could influence bitcoin to continue to increase, and I am very optimistic that the $ 100K price will happen in the next few months and even exceed that price.

[Poker Player]

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again. Many have shorted at this price, I had too (long ago). But it doesn’t seem stopping anytime soon. If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.
What do you think? Is it still a good time to get in?

LOL. Of course it's not the end. If you think long-term, it is always a good time to get in. Bitcoin has a long way to go. But I see that you trade short-term because you say you shorted Bitcoin. I prefer to just buy and hold (with DCA). It's already profitable enough. I don't want to increase the risk by playing roulette.

[LogitechMouse]

If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.

I'm pretty sure many people or I should say newbie investors will agree on it as they are very bullish right now. Include also the fact that many of these so-called analysts are predicting this year that we might see Bitcoin to $100,000 or even higher. As for me, I'm very optimistic and very bullish with regards to the market right now but I'm believing more with the market cycles than these prediction and everything. We might see crypto go even higher throughout the whole 2021 but for me, I would be happy to take profits throughout the whole year with keeping some of my Bitcoins. After all, I'm happy with the profits that I have right now.

What do you think? Is it still a good time to get in?

With the current price right now, I don't think so. $60,000 is considered a resistance right now and I don't want to enter in a resistance level. Short term or long term, it would be better if you enter at supports not at resistances.

[Jating]

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again. Many have shorted at this price, I had too (long ago). But it doesn’t seem stopping anytime soon. If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.

Majority of these "experts" predictors really see $100k at the end of the year or at least this is doable. The current lowest low is around $56k this month, and then after that we have been trading sideways, or a period of accumulation. So that's a sign that we might see the price really reaching all time high for this month. Probably $70k for this month.

What do you think? Is it still a good time to get in?

Probably is, but for majority the price is too expensive, might as well be just stacking sats through DCA.

[buwaytress]

I thought it would happen last weekend but it's here now. Still have to see if we can keep above this level for a full 24 or 48 hours and survive all the scalping but it does look like it's a bit stronger than last Sunday.

Now it will be bargain hunting for otcs looking for big buys at this level. Can't wait for Monday. Fun times ahead.

[Saisher]

What do you think? Is it still a good time to get in?

It's still is, the projected price is over $100k so $60k is still a good price to get in, if you just got money now and the price is at $60k level, I don't recommends to wait for another dip because that may not happen, I have past experiences where I have to wait for the price to dip only to end up buying at 20% higher, you should be buying when you have the funds and ready.

[bitterguy28]

Now i can laugh back again after reading some stupid stuff about Bear market and Bitcoin's gonna fall down again badly.

I remember debating couple of times against FUDder here in forum and also outside this forum .

But now at last i can turn back to them 


Congrats to those who Keeps Holding , And Sorry for those weak Hands.

[XCANA]

We shouldn't forget that weekends are always not too good for bitcoin pump than the week-days, so, there are more momentum for this pump to resurface sometime next week-days IMO, but if it happen otherwise then the month of April will be the most bullish month were we are likely to see some higher figures if not tick the price of $100k. Let wait and watch the next weekdays.

[NeuroticFish]

I thought it would happen last weekend but it's here now.

Me too, especially with the long week-end in some countries.
But it's not too late And let's see if the ATH will also hold.

The week may be indeed interesting, since I think that the last downtrend was somewhat unnatural, based on how much bitcoin is leaving the exchanges.

[hatshepsut93]

The volume is on the lowest lows since the start of this bull run, which might mean that a huge price action is coming, and with the momentum that we see now, it's likely the push towards $70k that will be coming in the next few days.

The week may be indeed interesting, since I think that the last downtrend was somewhat unnatural, based on how much bitcoin is leaving the exchanges.

Coin outflows isn't a perfect indicator though, and this range around $60k has been a big point of resistance for quite some time already, so it's not that strange that fluctuations happen around it.

[michellee]

After reaches $61k-$62k, the price is down again and stable at $60k. That is a good news to us because finally, bitcoin price can back to $60k and I hope the price will not go down again but it will increase more and break $65k. If the price can really rise to that prediction price, it will attract more investor because they do not want to be late to invest in the bitcoin. The price will not just stop to the price now because sooner or later, the price will have another rally to break the new ATH.

[molsewid]

Now i can laugh back again after reading some stupid stuff about Bear market and Bitcoin's gonna fall down again badly.

I remember debating couple of times against FUDder here in forum and also outside this forum .

But now at last i can turn back to them  


Congrats to those who Keeps Holding , And Sorry for those weak Hands.

It only shows that bitcoin was very unpredictable and our technical analysis wasn't always right. I do believe that everyone also hope for a price correction of bitcoin to be able to take advantage to buy but no one hopes that this price correction may took too long to recover. But then what the bitcoin market have shown us now I guess we are now welcoming another ATH this month and I think like what the month of March, bitcoin market price within a whole month will be plays in the range of $60k i hope.

[Kong Hey Pakboy]

Anytime is the right time to get in the market, you can wait all you want but if the market continues to increase then you are just losing more bitcoin that you could have bought, and if the prices were to go down who knows that it is the lowest because we will know about it when it finally passes so with this uncertainties surrounding the market, waiting for the perfect moment isn't going to be good for you.

[Little Mouse]

With the current price right now, I don't think so. $60,000 is considered a resistance right now and I don't want to enter in a resistance level. Short term or long term, it would be better if you enter at supports not at resistances.

It works in both way. Imagine, you are entering into the 1st support, for example, @$54000, it can go in other direction too. Instead of rising, we may have to look for the next support.
On the other hand, if resistance is broken, there’s chance that it may go higher, so, that's a good point to take entry too.

[Dave1]

After reaches $61k-$62k, the price is down again and stable at $60k. That is a good news to us because finally, bitcoin price can back to $60k and I hope the price will not go down again but it will increase more and break $65k. If the price can really rise to that prediction price, it will attract more investor because they do not want to be late to invest in the bitcoin. The price will not just stop to the price now because sooner or later, the price will have another rally to break the new ATH.

Did it really reach $61k in the current rally (last 12 hours), because the highest I've seen is $60,900.

I don't think though that we are going to see a stable price of $60k, it's either to and continue to rally to $65k or we will see a slid again to a support of like $57k. So there's a lot of time to go and buy for long term. Hard to short at this kind of rally as obviously, shorting will get you rekt.

[Marvelman]

Did it really reach $61k in the current rally (last 12 hours), because the highest I've seen is $60,900.

Yes, it did reach $ 61k in some exchanges. The top price on Bitfinex and Bitstamp was just over $ 61,200 as far as I could see but it didn’t last for long.

So this rally is not solid yet. If bitcoin doesn't reach $65k today, it's possible the rally will come to an end.

[thecodebear]

What?? Haha  of course its not the end. Nobody serious into bitcoin thought that was the end. I dont know why people get so hyped up about predicting a bear market constantly. Everything that has been going on suggests this is the beginning of the bull market. Any one with cash sitting around should have been DCAing in during these whole last two months of $40,000s and $50,000s ranging. Some people seem to really not understand whats happening here. $50k or $60k is nothing.

If you're a hodler you haven't once thought of selling yet. Getting in at $50k or $60k or $100k or $150k means youre a bitcoin early adopter. Thinking about selling at $60k means you want to get out before things start getting interesting. As a bitcoiner the only thing you should be thinking about now is that you need to keep stacking sats now that the world is just barely starting to take bitcoin seriously. Five figure prices will not last long. Six figure prices should last a good number of years but that is still a transition stage. 7 figure prices (over $1 million) is when bitcoin price is maturing. As a hodler thats what you're waiting for to start spending your bitcoin. Personally I plan on allowing about 10% of my bitcoin to be spent well up in the 6 digits, and the other 90% probably wont be even touched until bitcoin is at 7 digits. Because at that point even very large purchases take only a tiny fraction of a bitcoin.

Anyone who is worried about current prices needs to stop having a short term mentality and start thinking about bitoin long term. So no, this isnt the end, this is the beginning.

[blckhawk]

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again. Many have shorted at this price, I had too (long ago). But it doesn’t seem stopping anytime soon. If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.
What do you think? Is it still a good time to get in?

It will always be. I believe it is not the end of the run, in fact, Bitcoin is expected to show good movement this April and it does. Finally, after a couple of weeks of resistance around $57k-$59k is now broken reaching a new ATH is bound to happen any moment.  A lot of people also believed that Bitcoin would reach the $100k mark and I think it is possible because there are still few institutions are accumulating, this will push Bitcoin at the top so keep holding your stash it will surely be rewarding.