Is Bitcoin at new heights

[livingfree]

and now the bitcoin price is stable at $33k, without good news it is very difficult for bitcoin at this time to return to $45k. I believe that currently the bitcoin price is still in a downtrend and the current price is not the lowest bitcoin price. Bitcoin price cycle is not that simple, after a tremendous increase in bitcoin price there will be a lot of people selling bitcoins. most likely after this we will descend much further. get ready

It has to break the barrier of $41k so that it can move on.

But if it won't be seen with the next days to come, then it has to be stable on its price right now. And if the opposite happens and it breaks $28k and lower.

That's what we don't like to see if we're holding not unless you're waiting to buy at lower prices.

$40k is the big mental barrier, it's the next whole numbers that we need to get. Unfortunately, with low trading volumes and hash rate continues to drop, the market will go on sideway patterns and we don't know when we will have a break out run.

This has been the pattern already, I'm not seeing a good bounce this month, so it's just better to hold and wait till the market resumes.

Yeah.

I'm holding and I'm waiting what's next the market will show. If it starts breaking the barrier then we're going to see the FOMO again from buyers and traders.

And that's just the same if it shows lower price.

[Hippocrypto]

After the bottom of $28,000, now to $45,000, will it continue to rise

We can't see any signals of a green market while unpredictable market still come to existence these days. As I've seen the latest market updates, price again touched at $32k and I'm a little bit worried that it goes down again at $28k or lower. However, when resistance become stronger then let's expect price stabilizes at $35k to $36k.

[Xinarae*]

Maybe it will rise in the near future, we can't know such thing. The price has reached $35.5k now. The most important thing for it to break the $40k resistance again. If it succeeds in it, then we could see the rise continuing.

The crypto market is not stable as the market fluctuates so it is very difficult to say in the right way but looking at the high demand for bitcoin, it seems that bitcoin will soon move to a higher position we have to wait patiently for bitcoin to rise.

[bitcoinPsycho]

After the bottom of $28,000, now to $45,000, will it continue to rise

No. It will not continue to rise to $45k.

[coin-investor]

No. It will not continue to rise to $45k.

How sure are you it just reached the $42k level and your prediction of not reaching $45 is vague, anything is possible in Cryptocurrency, you and all of us know that the market is volatile it can go to $50k tomorrow and drop to $30 the next day, we cannot say it will not or never, only people who don't understand the market will say this.

[bitcoinPsycho]

No. It will not continue to rise to $45k.

How sure are you it just reached the $42k level and your prediction of not reaching $45 is vague, anything is possible in Cryptocurrency, you and all of us know that the market is volatile it can go to $50k tomorrow and drop to $30 the next day, we cannot say it will not or never, only people who don't understand the market will say this.

Not my words . Take it up with proudhon.

We will touch 100K soon no doubt  

[SquallLeonhart]

you and all of us know that the market is volatile it can go to $50k tomorrow and drop to $30 the next day

Being volatile on both of the direction is not bad, right? Yeah, it is now up to our skills to make use of the volatile nature of bitcoins. Some people are simply holding and enjoying profits and others are trying catch every swing of the markets and making profits and losses up to their skills levels.

We will touch 100K soon no doubt  

Yeah, unlike like most other people who had adjusted their speculations on final ATH of current bull run, I am also confident about getting into $100k levels before end of this year.

[Kusman]

Bitcoin price has already left $45k level behind this morning. This is really promising to me. It shouldn't be too hard for the price to reach $50k soon either. This has been one of the greatest runs recently. Bitcoin seems like unstoppable now and it reflects on the altcoins also. Ethereum has been on a great run also for example.

[GeorgeJohn]

After the bottom of $28,000, now to $45,000, will it continue to rise

Actually from my own perspective I don't think bitcoin have a specific directions for it's increment, the price movement is not something someone can trust or deliberate about, using this illustration, bitcoin can be $3 in next five (5) minutes but after twenty four (24) minutes time it will increase or depreciates, so the continuity of cryptocurrency prices is not constant except the market preside it's revolution.

[ipanks]

Bitcoin price is back in an uptrend. I predict the price of Bitcoin will still trend up in the coming period. I predict Bitcoin price will move towards $100,000 by the end of the year. With the current conditions, the Bitcoin price target is more likely to happen at the end of the year.

Yes, bitcoin now is back on the right track as we have seen that the price can reach $47,000 and maybe this week, the bitcoin price will still increase and back to $50,000. But there is no guarantee for bitcoin price to still increase as bitcoin price can go to any price. But hopefully, the bitcoin price can hit $100,000 and if that happens, we will see the price can make two ATH in the same year. Bitcoin price has a big chance to increase more than the last ATH this year and next year, so we need to prepare our bitcoin and set a target price to sell.

[Yaunfitda]

Bitcoin price is back in an uptrend. I predict the price of Bitcoin will still trend up in the coming period. I predict Bitcoin price will move towards $100,000 by the end of the year. With the current conditions, the Bitcoin price target is more likely to happen at the end of the year.

Yes, bitcoin now is back on the right track as we have seen that the price can reach $47,000 and maybe this week, the bitcoin price will still increase and back to $50,000. But there is no guarantee for bitcoin price to still increase as bitcoin price can go to any price. But hopefully, the bitcoin price can hit $100,000 and if that happens, we will see the price can make two ATH in the same year. Bitcoin price has a big chance to increase more than the last ATH this year and next year, so we need to prepare our bitcoin and set a target price to sell.

I'm not sure if this week, it can reach $50k, but definitely, this month we could achieved that round numbers. And if we do, we will see another set of FOMO to come along with that. Usually this round numbers are what we need to break and sustain. And obviously, to continue and march to $60k, and maybe a new all time high before the end of this year or early 2022. And who knows, that $100k is within range.

[sana54210]

I'm not sure if this week, it can reach $50k, but definitely, this month we could achieved that round numbers. And if we do, we will see another set of FOMO to come along with that. Usually this round numbers are what we need to break and sustain. And obviously, to continue and march to $60k, and maybe a new all time high before the end of this year or early 2022. And who knows, that $100k is within range.

There is 10 days left in the month, and 7 days in a week, I do not think that it will matter as much as you think it will matter. However there is one thing for sure, if we keep this increase going we have just a little north of 1k left to reach 50k and that is not really a big deal for bitcoin.

We could do that in a few hours if we want to, bitcoin is like that sometimes where we can be 50k in an hour if there is a big hype or an news or we may not even reach to 49k and start dropping right now and not reach 50k for another year, these things can happen, I am not saying which one will happen because I have no idea which one will happen but I know for sure that we are in a pickle right now. Let's hope that the price increase is not a temporary one and we end up seeing a lot more increases in the future, specifically the days following today.

[LUCKMCFLY]

For now, the price of BTC is in a very good position, yesterday it was around $ 44k and could not go up due to shares of the same bears. Now the price is around $ 48k and apparently everyone is waiting for it to hit $ 50k.

If buyers sustain the price above $48,144, the BTC/USDT pair could pick up momentum and rally to $51,500 where the bears may again mount a stiff resistance. If bulls can arrest the subsequent decline above the

Source: https://cointelegraph.com/news/price-analysis-8-20-btc-eth-ada-bnb-xrp-doge-dot-sol-uni-bch

There are many possibilities that the $ 50k may occur, some are thinking of buying a lot of BTC because it is predicted that it may finally reach the expected target of $ 100k, although I would not trust myself, the rumors that can be formed are many.

[Hypnosis00]

Well, we have in rallying till now, quite the pumps making their way to move closer to the previous ATH. Though it was looking great seeing such a trend, still I'm not convinced that we are able to surpass it. Maybe we could reach $50k before year-end as that was close to the possibility but of course, why not stop the pump if that will be going to happen because in that case, those who buy at $60k and still holding till now have a chance to make a sell.

Anyways, it is all still uncertain and we have not to be confident as sometimes the pumps could be a trap for greedy people.

[STT]

Right this moment there is a speed bump that says we can be waiting some more time, so its just something to note mostly.   Greatest interest to traders, hard to call in a larger way.



This is just 4hr bars, short term trade and if price action can confirm above resistance I've speculated is there on weekly bars for 2021 then its stronger then many might have expected and will likely accelerate from this point further.   Most likely we pullback at least some, that might not happen till Monday or next week but I imagine this area is of some significance.

[ipanks]

Bitcoin price is back in an uptrend. I predict the price of Bitcoin will still trend up in the coming period. I predict Bitcoin price will move towards $100,000 by the end of the year. With the current conditions, the Bitcoin price target is more likely to happen at the end of the year.

Yes, bitcoin now is back on the right track as we have seen that the price can reach $47,000 and maybe this week, the bitcoin price will still increase and back to $50,000. But there is no guarantee for bitcoin price to still increase as bitcoin price can go to any price. But hopefully, the bitcoin price can hit $100,000 and if that happens, we will see the price can make two ATH in the same year. Bitcoin price has a big chance to increase more than the last ATH this year and next year, so we need to prepare our bitcoin and set a target price to sell.

I'm not sure if this week, it can reach $50k, but definitely, this month we could achieved that round numbers. And if we do, we will see another set of FOMO to come along with that. Usually this round numbers are what we need to break and sustain. And obviously, to continue and march to $60k, and maybe a new all time high before the end of this year or early 2022. And who knows, that $100k is within range.

I am optimistic that the bitcoin price can increase to $50k because the bitcoin price is close to that price. If that does not reach $50k this week, bitcoin still has many times to reach that price soon. I am curious about the next highest bitcoin price will increase later because many people predict that the price can increase to $100,000 or more. I am sure many people await that moment and prepare for that time by trying to make more bitcoin before the price starts another rally.

[Obito]

Bitcoin price has already left $45k level behind this morning. This is really promising to me. It shouldn't be too hard for the price to reach $50k soon either. This has been one of the greatest runs recently. Bitcoin seems like unstoppable now and it reflects on the altcoins also. Ethereum has been on a great run also for example.

Probably you're right, that it's not going to be too hard for bitcoin to go to 50k again but remember that when it was the first time, it was difficult so there's a possibility that it's going to be hard for bitcoin to go to that even at a second try. I think that given the current prices even if it's at the current year's lowest, we can conclude that bitcoin's already on a new heights.

[beerlover]

I am optimistic that the bitcoin price can increase to $50k because the bitcoin price is close to that price. If that does not reach $50k this week, bitcoin still has many times to reach that price soon. I am curious about the next highest bitcoin price will increase later because many people predict that the price can increase to $100,000 or more. I am sure many people await that moment and prepare for that time by trying to make more bitcoin before the price starts another rally.

Whenever price is going up, the great thing about what people believe will happen is the fact that price will go up very easily, but at the same time price may not do that in reality, it is just what people believe that it will go up. If it reached from 30k levels to 50k levels then why shouldn't it go back up? Even if there is a small drop then people will believe that it will recover a lot easier if it was a big increase before that.

Let's take two examples in hand, in one case it dropped from 40k to 34k and then goes to 30k, going back above 34k is not believed by people all that much because it has been dropping for a while, in another example it went from 30k to 40k but dropped to 36k, people believe it could be 40k again because there was an increase before that.

We are living the second one right now, there is no drop but even if there was one, we would believe it will recover, which is a self-fulfilling prophecy because when people believe that they buy bitcoin and when they do the price goes up and they turn out to be right.

[Dave1]

Bitcoin price has already left $45k level behind this morning. This is really promising to me. It shouldn't be too hard for the price to reach $50k soon either. This has been one of the greatest runs recently. Bitcoin seems like unstoppable now and it reflects on the altcoins also. Ethereum has been on a great run also for example.

Probably you're right, that it's not going to be too hard for bitcoin to go to 50k again but remember that when it was the first time, it was difficult so there's a possibility that it's going to be hard for bitcoin to go to that even at a second try. I think that given the current prices even if it's at the current year's lowest, we can conclude that bitcoin's already on a new heights.

You have to take for example the last big barrier which is $48k, I lose count on how many times we are close to breaking it but then dips back to $47k. So that will be the case for $50k as well, yes we have break it in the last 24 hours, but then again it goes down to $49k. In short the momentum was short live, but I wouldn't be affected by it. We will have the whole week to try and breach it and have it sustained and then goes for the next $53k-$55k.

[onecall123]

Bitcoin price has already left $45k level behind this morning. This is really promising to me. It shouldn't be too hard for the price to reach $50k soon either. This has been one of the greatest runs recently. Bitcoin seems like unstoppable now and it reflects on the altcoins also. Ethereum has been on a great run also for example.

Probably you're right, that it's not going to be too hard for bitcoin to go to 50k again but remember that when it was the first time, it was difficult so there's a possibility that it's going to be hard for bitcoin to go to that even at a second try. I think that given the current prices even if it's at the current year's lowest, we can conclude that bitcoin's already on a new heights.

You have to take for example the last big barrier which is $48k, I lose count on how many times we are close to breaking it but then dips back to $47k. So that will be the case for $50k as well, yes we have break it in the last 24 hours, but then again it goes down to $49k. In short the momentum was short live, but I wouldn't be affected by it. We will have the whole week to try and breach it and have it sustained and then goes for the next $53k-$55k.

You said it perfectly. At least we do not have an illusion regarding the high price, we have an opportunity yet. As Bitcoin again hits $50K, optimism is at an all-time high! When you've tried so many times, you can finally get in. $50.000 is not a lot. Whenever the bigger pump is on, there are more. Since bitcoin broke that damn barrier continuously, it seems as if it was rebuilt fast!