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Author Topic: It's not the end, $60k again  (Read 1170 times)
Obito
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July 29, 2021, 08:18:11 AM
 #101

It's still not the end of anything. The market is just having a bad period. It seems to be starting to recover now though. I've really missed to see the market as green. It's hard to predict whether this rise will continue for Bitcoin price. This means that the rest of the coins will also continue to rise. I wouldn't say no to a new ATH in Bitcoin price. But as I said, it's early to talk about things like this.
Exactly, ending gives the wrong impression that there's a destination in the market and that we are slowly arriving at that point, it's more like as @|LuckyGuy| said, it's just on the patch right now but it will inevitably recover.
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July 31, 2021, 05:54:12 AM
 #102

Price that is going to up and down is normal, crypto is high on volatility and the holders always win. I believe that we need to control our self emotion because sometimes when the price dump we can really think that it is the end of everything but if we have patience and we can hold the token that we buy maybe we can earn.

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July 31, 2021, 03:08:59 PM
 #103

Price that is going to up and down is normal, crypto is high on volatility and the holders always win. I believe that we need to control our self emotion because sometimes when the price dump we can really think that it is the end of everything but if we have patience and we can hold the token that we buy maybe we can earn.

what an investor needs to understand and learn, he can buy bitcoin when the price drops at a low level and be able to sell at a high price, that's just great. we all know the crypto market has high volatility and the risk is very high, even more amazingly we are able to analyze the movement of bitcoin when it is time to buy and when to sell.

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July 31, 2021, 03:25:13 PM
 #104

Price that is going to up and down is normal, crypto is high on volatility and the holders always win. I believe that we need to control our self emotion because sometimes when the price dump we can really think that it is the end of everything but if we have patience and we can hold the token that we buy maybe we can earn.
what an investor needs to understand and learn, he can buy bitcoin when the price drops at a low level and be able to sell at a high price, that's just great. we all know the crypto market has high volatility and the risk is very high, even more amazingly we are able to analyze the movement of bitcoin when it is time to buy and when to sell.
I know about the advice but how can investors survive when the market is receding in whether it's possible to think it's good to rake in more bitcoins or is it just a bad view that bitcoin will die? I guess some investors still can't understand this and now the luckiest thing is to take advantage of the moment when the price was still $30k and now it's over $40k+ meaning investors are sure this will definitely recover soon after many thought it would be a bear after the news bad.
I will not be influenced by anyone's words, the important thing is that my analysis is strong with when to buy and sell.

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July 31, 2021, 03:34:13 PM
 #105

Price that is going to up and down is normal, crypto is high on volatility and the holders always win. I believe that we need to control our self emotion because sometimes when the price dump we can really think that it is the end of everything but if we have patience and we can hold the token that we buy maybe we can earn.

what an investor needs to understand and learn, he can buy bitcoin when the price drops at a low level and be able to sell at a high price, that's just great. we all know the crypto market has high volatility and the risk is very high, even more amazingly we are able to analyze the movement of bitcoin when it is time to buy and when to sell.

Need to have a lots of time to analyze and understand how the market moves,
It will surely works well if you manage to anticipate the next market movements, aside from those charts and earlier market movements,

There are also whales that you need to ride along their influenced is quite higher as they can create artificial pump and so with artificial dump.
But as long as you are willing to learn things out then there are good patterns to follow for the best outcome of your investment.
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August 01, 2021, 01:33:02 PM
 #106

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?
After experiencing a decline in price a few weeks ago, the price of bitcoin has started to rise again and has already broken through $41k. I think the price of Bitcoin is still continuing its upward trend. do not rule out if the end of this year the price of bitcoin has the opportunity to rise back to $ 60k or more than that. Therefore, there is still an opportunity for you to enter to buy bitcoin at this time. My advice is to take advantage of the opportunity you have and never waste it if you don't want to regret it later.

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August 02, 2021, 01:07:20 PM
 #107

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?
After experiencing a decline in price a few weeks ago, the price of bitcoin has started to rise again and has already broken through $41k. I think the price of Bitcoin is still continuing its upward trend. do not rule out if the end of this year the price of bitcoin has the opportunity to rise back to $ 60k or more than that. Therefore, there is still an opportunity for you to enter to buy bitcoin at this time. My advice is to take advantage of the opportunity you have and never waste it if you don't want to regret it later.

Of course we hope that by the end of the year we can reach ATH again, by looking at market conditions that continue to improve, I have no doubt that by the end of the year we can reach ATH and even we can get new ATH, so always be optimistic and don't panic when prices drop again like now is the key to get huge profit.


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August 02, 2021, 07:14:11 PM
 #108

Of course we hope that by the end of the year we can reach ATH again, by looking at market conditions that continue to improve, I have no doubt that by the end of the year we can reach ATH and even we can get new ATH, so always be optimistic and don't panic when prices drop again like now is the key to get huge profit.
Yeah, we are seeing those type of rise and fall once again and that is what matters the most, I personally believe that we should not be focusing on anything but the current situation and the current situation shows that we are very bullish.

By considering the recent $42k spike, just like two weeks ago or even sooner we were talking about as low as 28k dollars, that means we have increased 14k give or take and that is around 50% increase all inside one week. That should tell you how bullish bitcoin is, I know that many people do believe that we should not be focusing on anything this short term and we should be focusing on a longer term deal and as a long term investor who doesn't sell at all, I should not be happy about these small victories and look at the bigger picture but things looking like clicking right now and I am happy about it anyway even though I am a long term investor.

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August 02, 2021, 08:19:45 PM
 #109

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?
I wish people would start explaining why they think its going to be 60,000 or any other price because I think a lot of people are just throwing numbers out there acting like they know stuff but actually do not and they cause many people to invest and lose money.
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August 02, 2021, 10:05:15 PM
Last edit: June 12, 2023, 01:01:02 AM by STT
 #110

Possible higher low here is quite bullish for a pullback it wouldnt be as serious as some take it.    We are below 2 day and weekly averages but still above 50 day which is far more important for the weight in price action inertia right now



If we can regain the weekly average in yellow and regain the prior closing lows now acting as some short term ceiling it would be some show of strength that might build into a continuation of recent strength.   For the moment we're falling back having lost that quick sequence of daily green bars.   Dollar index isnt moving up, its a trading move mostly I think.

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August 02, 2021, 11:04:07 PM
 #111

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?
I wish people would start explaining why they think its going to be 60,000 or any other price because I think a lot of people are just throwing numbers out there acting like they know stuff but actually do not and they cause many people to invest and lose money.
It is not just a throw away of numbers, because everyone have certain thought about the price connected to the ongoing market changes. It can be the price movements, the level of adoption, etc. Myself have a thought the price will grow, but won't mark a new ATH this year. I make this prediction connecting to the growth that happened after the previous bull market.

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August 02, 2021, 11:22:03 PM
 #112

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?
I wish people would start explaining why they think its going to be 60,000 or any other price because I think a lot of people are just throwing numbers out there acting like they know stuff but actually do not and they cause many people to invest and lose money.
It is not just a throw away of numbers, because everyone have certain thought about the price connected to the ongoing market changes. It can be the price movements, the level of adoption, etc. Myself have a thought the price will grow, but won't mark a new ATH this year. I make this prediction connecting to the growth that happened after the previous bull market.

It is true that it must be admitted that it is quite difficult to predict the price of Bitcoin, but if we can do analysis and research properly about
Bitcoin price movements. At least there's a prediction we can get, although not 100% accurate, at least the prediction is able to be a consideration
for the decisions we will take. So it's not just a throw away of the numbers, everyone has their own way of predicting Bitcoin prices. We should
respect everyone's predictions, as we maintain good relations within the crypto community, at least it will have a positive effect on the market.
I'm one of those who believe Bitcoin will soon return to $60k, it was seen a few days ago the price of Bitcoin finally passed the resistance at $40k.
This means that there is a possibility that the Bitcoin price will continue to rise towards the next resistance price and eventually return to the $60k price.

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August 02, 2021, 11:30:40 PM
 #113

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?
I wish people would start explaining why they think its going to be 60,000 or any other price because I think a lot of people are just throwing numbers out there acting like they know stuff but actually do not and they cause many people to invest and lose money.
It is not just a throw away of numbers, because everyone have certain thought about the price connected to the ongoing market changes. It can be the price movements, the level of adoption, etc. Myself have a thought the price will grow, but won't mark a new ATH this year. I make this prediction connecting to the growth that happened after the previous bull market.

But it is hard as well to compare it with previous bull run because of so many entities involved right now. The adoption is very different as compared couple of years ago. This is why speculating in this market is quite hard because there are so many variables in play. But one thing for sure, if countries keep on patronizing the usage of bitcoin aside from top companies continuing to buy their btc stash, btc market will grow and may achieve another ATH. Maybe not this year but in the years to come.
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August 02, 2021, 11:59:23 PM
 #114

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?
I wish people would start explaining why they think its going to be 60,000 or any other price because I think a lot of people are just throwing numbers out there acting like they know stuff but actually do not and they cause many people to invest and lose money.
It is not just a throw away of numbers, because everyone have certain thought about the price connected to the ongoing market changes. It can be the price movements, the level of adoption, etc. Myself have a thought the price will grow, but won't mark a new ATH this year. I make this prediction connecting to the growth that happened after the previous bull market.

But it is hard as well to compare it with previous bull run because of so many entities involved right now. The adoption is very different as compared couple of years ago. This is why speculating in this market is quite hard because there are so many variables in play. But one thing for sure, if countries keep on patronizing the usage of bitcoin aside from top companies continuing to buy their btc stash, btc market will grow and may achieve another ATH. Maybe not this year but in the years to come.

The bull run hype is I think over for this year thats why we cannot see a huge increase the same on what happen for the past months and maybe the one we experience by now are unexpectable price decrease and sudden increase which is currently happening today for sure many by now are settled doing short trades compare before where many are holding thats why we can see how unpredictable the market is at the moment. Maybe the one we need to do is not getting panic and always settle with best option rather doing than risky things om market to avoid losing.

R


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August 10, 2021, 09:31:51 PM
 #115

The bull run hype is I think over for this year thats why we cannot see a huge increase the same on what happen for the past months and maybe the one we experience by now are unexpectable price decrease and sudden increase which is currently happening today for sure many by now are settled doing short trades compare before where many are holding thats why we can see how unpredictable the market is at the moment. Maybe the one we need to do is not getting panic and always settle with best option rather doing than risky things om market to avoid losing.
I have same feeling that no more hype which could assist Bitcoin to hit at ath, so accumulate at lower levels. Bitcoin market eventually behave like our expectation, sometimes won't but this is how we can become stronger. This is a long term game and if you're not ready for that then I propose you quit now. Do your research and don't get panic when you're on trading to become successful. Just buying frequent small amounts and be patient.
After bitcoin hit the ATH of $60k and dumped below $30k, I don't think there's still huge hype that would surpass the ATH again. just like in the past, the bull trap is here but I'm sure bullish people will not agree with me, and I like that because I always think of the other possibility that's why I don't easily lose money when it comes to investing in the crypto space.

Experience is the best teacher, it's okay to ride with the hype or whatever you call it, but always be careful as shares are still here manipulating the market.

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August 10, 2021, 10:48:06 PM
 #116

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?
I wish people would start explaining why they think its going to be 60,000 or any other price because I think a lot of people are just throwing numbers out there acting like they know stuff but actually do not and they cause many people to invest and lose money.
It is not just a throw away of numbers, because everyone have certain thought about the price connected to the ongoing market changes. It can be the price movements, the level of adoption, etc. Myself have a thought the price will grow, but won't mark a new ATH this year. I make this prediction connecting to the growth that happened after the previous bull market.

But it is hard as well to compare it with previous bull run because of so many entities involved right now. The adoption is very different as compared couple of years ago. This is why speculating in this market is quite hard because there are so many variables in play. But one thing for sure, if countries keep on patronizing the usage of bitcoin aside from top companies continuing to buy their btc stash, btc market will grow and may achieve another ATH. Maybe not this year but in the years to come.

But the past can tell us what the future might bring, like the supposedly four year cycle.

I agree that adoption is very different after the halving next year, but we all know that after this activity, the price usually goes on to hit another all time high, and that's what we have seen this year. And after that the price goes down hard. But it seems that we have bounce back again and been looking for a new all time high at the end of the year.

 
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August 10, 2021, 11:00:42 PM
 #117

It's never the end. Bitcoin price dumped to $30k. And many people were expecting the price to go down to even lower levels. But it didn't happen and it has started to recover lately. It reached $46k today. And it is closing in to $60k again gradually. So, we shouldn't keep our hopes down. It's just time we need.
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August 10, 2021, 11:18:13 PM
 #118

It's never the end. Bitcoin price dumped to $30k. And many people were expecting the price to go down to even lower levels.
I'm guilty of this thinking and I was wrong...

Quote
But it didn't happen and it has started to recover lately. It reached $46k today. And it is closing in to $60k again gradually. So, we shouldn't keep our hopes down. It's just time we need.
That means the market is truly unpredictable. We are currently at $45k, still far from $60k and we still have 4 months to go before we end this year that seems not impossible if people don't just give up when hearing any FUDs as this will affect the momentum. I just hold my Bitcoin for now and wait for the best price to sell.


 
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August 10, 2021, 11:55:20 PM
 #119

It's never the end. Bitcoin price dumped to $30k. And many people were expecting the price to go down to even lower levels.
I'm guilty of this thinking and I was wrong...

Quote
But it didn't happen and it has started to recover lately. It reached $46k today. And it is closing in to $60k again gradually. So, we shouldn't keep our hopes down. It's just time we need.
That means the market is truly unpredictable. We are currently at $45k, still far from $60k and we still have 4 months to go before we end this year that seems not impossible if people don't just give up when hearing any FUDs as this will affect the momentum. I just hold my Bitcoin for now and wait for the best price to sell.


Just think about the market week ago. It was around $30k. Within two or three days the market touched the price of $40k. Today it has crossed $45k and tomorrow it might cross $50k. We can't be judgemental on the price move of bitcoin. It grows on own and some times gets influenced. Now it is real and upon these calculations$60k doesn't look like a far value.

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August 10, 2021, 11:56:03 PM
 #120

I drew in some resistance for just below 50k but its speculative based on closing weekly prices.  So far momentum has stayed with the price action and there is little to doubt so far, when we stall a little bit some might speculative on weakness then but seems like it would continue for now or quickly resume on any falter.

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