rincoeng1986
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August 11, 2021, 12:04:42 AM |
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bitcoin is holding above 45k very true as you can see. it seems that many people are confused in deciding the future, some say the price will go down a little and some say they will continue to pump in the next few days it will break 50k. but I'm more speculating this week btc will return to 50k maybe 60k.
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Chato1977
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August 11, 2021, 04:30:24 AM |
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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 have been waiting for this jump again , but there are some good shape again now climbing back to 45k and trying to go up is enough reason to believe. 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.
50k is another dream for now but once it breaks then that is the start of the new era and maybe ATH.
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TravelMug
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August 11, 2021, 05:08:16 AM |
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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.
The good thing is that it stays above $45k for now, a good indication that bulls still control the market even if bears wanted to pull it down again. So there is the support right now $45k and hopefully it will remain in this price for the next couple of days, (I don't mind seeing the price going sideways) and then eventually we might see a break out run to at least the $47k-$48k and then $50k.
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LUCKMCFLY
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August 12, 2021, 05:27:00 PM |
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The behavior of BTC has been somewhat bullish, for now the $ 45k represents a very encouraging figure, since it touched levels of $ 47k and has dropped, in fact for now it has been falling a little more than 3%, but it is natural for this type to occur. correction, what we must take into account is that many bulls are responding to bearish attacks, which is not bad at all, the short-term analysis shows the following: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FIRaVToF.png&t=665&c=WNdX8iRDkhyqKQ) The bullish scenario remains relevant until the main crypto is trading above the support at $42,335. In this case, if buyers break the nearest resistance at $47,000, they can lead the rate to $49,300. Source: https://u.today/bitcoin-btc-price-analysis-for-august-12For now it is best to wait for the next movement of BTC, although everything seems to indicate that it may continue to rise, in my personal opinion it is likely that it may already be touching the $50k levels.
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StreakW
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August 14, 2021, 05:14:58 AM |
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I think the bitcoin price will hit a new ATH later this year. Although now it can be said that it is a little late to buy BTC because the movement of bitcoin has continued to increase recently. But if you want to invest in the long term, you should buy Bitcoin and other cryptocurrencies anytime without considering the price. You must have faith that the price of Bitcoin continues to increase. Regardless of the price of Bitcoin at the time of purchase, it will eventually go up in the long run. Of course you have to use your own analysis and financial management wisely.
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Renampun
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August 14, 2021, 10:02:25 AM |
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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?
$ 60k a few months ago was just a temporary stop for btc before it crossed $ 100k... bitcoin price continues to move positive and passed $ 45k in just a few weeks after previously being at $ 29k. if this continues then maybe we will see bitcoin at $100k before the year ends.
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Stalker22
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August 14, 2021, 10:55:36 AM |
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The behavior of BTC has been somewhat bullish, for now the $ 45k represents a very encouraging figure, since it touched levels of $ 47k and has dropped, in fact for now it has been falling a little more than 3%, but it is natural for this type to occur. correction, what we must take into account is that many bulls are responding to bearish attacks, which is not bad at all, the short-term analysis shows the following: <cut>
New highs are highly unlikely until prices move above $47700 or $48000. In the last few hours, the BTC price experienced a massive bearish reaction near $48k level. We need to break this resistance to climb above the $50000 level again. source: https://t.me/CryptoKlondike/6756In the short term, both $45000 and $46700 support levels can be retested before breaking the marked resistance level. Alternately, if $45000 is broken, a lower support level awaits near the $42000 level.
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Chato1977
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August 14, 2021, 11:32:48 AM |
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bitcoin is holding above 45k very true as you can see. it seems that many people are confused in deciding the future, some say the price will go down a little and some say they will continue to pump in the next few days it will break 50k. but I'm more speculating this week btc will return to 50k maybe 60k.
climbs above 47k but now drops back to 46k , the last time it falls from 45k to 43k then goes up to 47 so maybe the next pump is 50k breaking. I think the bitcoin price will hit a new ATH later this year. Although now it can be said that it is a little late to buy BTC because the movement of bitcoin has continued to increase recently. But if you want to invest in the long term, you should buy Bitcoin and other cryptocurrencies anytime without considering the price. You must have faith that the price of Bitcoin continues to increase. Regardless of the price of Bitcoin at the time of purchase, it will eventually go up in the long run. Of course you have to use your own analysis and financial management wisely.
but don't engage your self perfectly because you might fell if expecting too much.
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BuNga_cute
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August 14, 2021, 11:53:47 AM |
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I think the bitcoin price will hit a new ATH later this year. Although now it can be said that it is a little late to buy BTC because the movement of bitcoin has continued to increase recently. But if you want to invest in the long term, you should buy Bitcoin and other cryptocurrencies anytime without considering the price. You must have faith that the price of Bitcoin continues to increase. Regardless of the price of Bitcoin at the time of purchase, it will eventually go up in the long run. Of course you have to use your own analysis and financial management wisely.
I'm also as optimistic as you, especially seeing the price movement of Bitcoin this week is very positive, a return to the top of the $60k price is quite possible. We just need to have faith and continue to collect as much Bitcoin as possible, I don't think it's too late to buy Bitcoin. Because as long as we are patient holding Bitcoin, we should be able to make a profit from Bitcoin. The safest way to make profit from Bitcoin, by way of long-term investment, because if Bitcoin fails to reach the target we want this year. No need to worry, next year Bitcoin will surely reach the target we set. The conclusion is that every year Bitcoin always increases in price, so the longer we hold Bitcoin the bigger the profit we make.
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Ngemmeng
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August 15, 2021, 10:51:35 AM |
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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?
$ 60k a few months ago was just a temporary stop for btc before it crossed $ 100k... bitcoin price continues to move positive and passed $ 45k in just a few weeks after previously being at $ 29k. if this continues then maybe we will see bitcoin at $100k before the year ends. the only challenge to reach $100k is yesterday's ATh price of $64k. after bitcoin is able to pass the ATH price the journey to get to $100k will be faster than the previous price increase. $100k is not impossible at the moment because bitcoin is able to recover faster than we imagined, even to reach $100k before the end of the year is still very wide open.
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fullhdpixel
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August 15, 2021, 09:06:14 PM |
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I'm also as optimistic as you, especially seeing the price movement of Bitcoin this week is very positive, a return to the top of the $60k price is quite possible. We just need to have faith and continue to collect as much Bitcoin as possible, I don't think it's too late to buy Bitcoin. Because as long as we are patient holding Bitcoin, we should be able to make a profit from Bitcoin. The safest way to make profit from Bitcoin, by way of long-term investment, because if Bitcoin fails to reach the target we want this year. No need to worry, next year Bitcoin will surely reach the target we set. The conclusion is that every year Bitcoin always increases in price, so the longer we hold Bitcoin the bigger the profit we make.
There will always be haters and shorters who will come here and write about how bitcoin did all the best it could and from now on it will crash. I had those type of people a million times when the price crashed from 20k to 3k back in the day, I kept telling them how it is getting to 20k for months and how it was increasing and kept talking about it while it was happening and they kept saying that it was a "ponzi" (which shows how they do not even know about bitcoin) and eventually the price crashed to 3k as we all know and all the while it was dropping they kept saying "I told you it was a ponzi" constantly, now it peaked at 64k... Basically there will always be people who are ignorant to capabilities of bitcoin and we should not be really worried about them, they will be there to annoy us and will not leave even if we want to, we just need to focus on the truth.
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STT
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August 15, 2021, 10:36:43 PM Last edit: June 12, 2023, 12:57:35 AM by STT |
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Price bouncing off the weekly average at the moment, 4hr bars is usually a good measure of strength in a day to day timeline we are still quite positive while above that measure imo. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F06%2F12%2FAyZ13.png&t=665&c=NKK9vAcgvmV5qg) Also have to note the lows of today match quite closely to the 200 day average, actually thats probably the more important reason. I'm still looking for some bearish avenue, a pullback of some kind but I'am very often too negative not respecting the overall direction however pullbacks are healthy in building volume and help build eventual highs greater then otherwise might accumulate so I do expect that to occur.
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Rajamuda
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August 16, 2021, 07:22:25 AM |
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I see that the price of bitcoin and ethereum is slowly rising day by day and many speculator says that we are slowly backing up into bullish season, so 60k$ price of btc will maybe back not to far from to day, Bitcoin is now about to go to the price of 50k$ and then 60k$ to 70k$ will maybe follow.
The high probability of touching the highest price again... of course that's for sure, but it's just that the journey will definitely experience some attacks such as bad news or something that makes it go down, so many people seem to doubt it, here people who are more consistent will profited, and not for people who are impatient when it comes to holding Bitcoin. Bitcoin's journey is still long, after touching $50k it will continue to $60k naturally, be more in demand until finally heading for a higher price even though it is accompanied by some declines in it, we know its characteristics.
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BobK71
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August 17, 2021, 07:57:07 AM |
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Yes that would be reliable prediction. Bitcoin’s price tends to skyrocket in repetitively. Anyone who purchased Bitcoin and held on it for at least one year witnessed shockingly high appreciation, no matter what price they bought it at. Few days ago the price was approximately 62k and it go back 29k but after a certain time it come again and will cross ATH.
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Victorycoin
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August 17, 2021, 08:19:57 AM |
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It's never ending in fact where bitcoin will go it seems to be beyond everyone's future bitcoin dropped below 30k a few days ago but is starting to rise again over time it turns out that the bitcoin market is going to create a new position. That is why the price of bitcoin should be kept in the belief that the market will recover in any way since it has exceeded 46k it is going to grow more in time.
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mumang siat
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August 17, 2021, 08:34:23 AM |
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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?
If you look at the price conditions at that time, bitcoin is currently experiencing a very significant decline, but on a different scale this cannot be used as a reason for the overall decline, considering that these conditions do not affect the current value of bitcoin, actually bitcoin is experiencing a very significant level of change in selling and buying value. By the end of this year I'm sure bitcoin will make a big surprise to everyone involved in the crypto world, given the market conditions and the huge fortress of the last few months, now is the right time to step in and make an investment, now that you can make that decision.
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poldanmig
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August 17, 2021, 12:02:05 PM |
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It's never ending in fact where bitcoin will go it seems to be beyond everyone's future bitcoin dropped below 30k a few days ago but is starting to rise again over time it turns out that the bitcoin market is going to create a new position. That is why the price of bitcoin should be kept in the belief that the market will recover in any way since it has exceeded 46k it is going to grow more in time.
Today Bitcoin weakened 2.91% to the level of the price of $ 46 thousand and it looks like we will need time a little longer to be able to see the price of bitcoin rebound to the price of $ 50 thousand, because it seems that now it is starting to show signs of profit taking by investors in the short term and of course this has slightly hindered bitcoin prices from being able to reach $50K price resistance this week, however, hopefully in the near future there will be positive sentiment that can trigger bitcoin prices to go higher.
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Japinat
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August 17, 2021, 09:03:19 PM |
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It's never ending in fact where bitcoin will go it seems to be beyond everyone's future bitcoin dropped below 30k a few days ago but is starting to rise again over time it turns out that the bitcoin market is going to create a new position. That is why the price of bitcoin should be kept in the belief that the market will recover in any way since it has exceeded 46k it is going to grow more in time.
Today Bitcoin weakened 2.91% to the level of the price of $ 46 thousand and it looks like we will need time a little longer to be able to see the price of bitcoin rebound to the price of $ 50 thousand, because it seems that now it is starting to show signs of profit taking by investors in the short term and of course this has slightly hindered bitcoin prices from being able to reach $50K price resistance this week, however, hopefully in the near future there will be positive sentiment that can trigger bitcoin prices to go higher. That's definitely normal, bitcoin cannot just pump all the time, it also need to correct a bit as we have short term traders will to dump their bitcoin when they sees some profit, but in overall movement, you just have to be positive as eventually it will break $50k and over again.
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Quidat
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August 17, 2021, 10:17:54 PM |
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It's never ending in fact where bitcoin will go it seems to be beyond everyone's future bitcoin dropped below 30k a few days ago but is starting to rise again over time it turns out that the bitcoin market is going to create a new position. That is why the price of bitcoin should be kept in the belief that the market will recover in any way since it has exceeded 46k it is going to grow more in time.
Today Bitcoin weakened 2.91% to the level of the price of $ 46 thousand and it looks like we will need time a little longer to be able to see the price of bitcoin rebound to the price of $ 50 thousand, because it seems that now it is starting to show signs of profit taking by investors in the short term and of course this has slightly hindered bitcoin prices from being able to reach $50K price resistance this week, however, hopefully in the near future there will be positive sentiment that can trigger bitcoin prices to go higher. That's definitely normal, bitcoin cannot just pump all the time, it also need to correct a bit as we have short term traders will to dump their bitcoin when they sees some profit, but in overall movement, you just have to be positive as eventually it will break $50k and over again. Whenever bitcoin do really make out some movement then people do ask even for more which is kind of absurd thing because we cant see ATH's or breaking it on a short span of time. This would be always a bumpy ride and cant really be that fast when it comes to movement but nothing is assured because anything could happen in a short time that we dont anticipate for it to happen 60k isnt really way too far off but we shouldnt anticipate nor that really that optimistic because it would really just frustrate us when the price hadnt really goes up on what we do expect. Better to mind off about slow process or gradual increase or in the system that huge green candles wont really be that simple to happen.
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Zedpastin
Sr. Member
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August 17, 2021, 10:32:40 PM |
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It's never ending in fact where bitcoin will go it seems to be beyond everyone's future bitcoin dropped below 30k a few days ago but is starting to rise again over time it turns out that the bitcoin market is going to create a new position. That is why the price of bitcoin should be kept in the belief that the market will recover in any way since it has exceeded 46k it is going to grow more in time.
Today Bitcoin weakened 2.91% to the level of the price of $ 46 thousand and it looks like we will need time a little longer to be able to see the price of bitcoin rebound to the price of $ 50 thousand, because it seems that now it is starting to show signs of profit taking by investors in the short term and of course this has slightly hindered bitcoin prices from being able to reach $50K price resistance this week, however, hopefully in the near future there will be positive sentiment that can trigger bitcoin prices to go higher. That's definitely normal, bitcoin cannot just pump all the time, it also need to correct a bit as we have short term traders will to dump their bitcoin when they sees some profit, but in overall movement, you just have to be positive as eventually it will break $50k and over again. There will always be rallies because whenever Bitcoin dips and then goes up in price there will be people looking to make short term gains and cash out at the height of the cycle. When that happens is when you see the correction. The correction is because there are many people selling. Then Bitcoin dips and people invest in it again speculating that there will be another rise because of the way the market works every time this happens the cycles get bigger and bigger.
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