BTC broke through 33,500 USDT

[cryptomaniac_xxx]

well, currently the price of bitcoin is under $30k. I was quite surprised to see it. but because the crypto world is like this, it seems that those who hold bitcoins need to be patient. In addition, this decline caused almost all altcoins to go down. well, I'm still expecting the price to rise again and be above the $40k price again.

The price is back to $30k and it seems to want to break $31k because the price now is at $30,900 level price.
If this situation can be like this, maybe this day, we will see bitcoin will be back to $31k and people can sell their bitcoin and take profit.
But it needs more observation and analysis to know if bitcoin will still go up to the higher price because no sign shows that.
We are only speculating about what will happen to bitcoin but the truth is we do not know for sure.
The altcoin just follows behind bitcoin and some altcoin already increases, but it still needs more time for the altcoin to jump to the high price.

Yeah, surprise, surprise, after a scary $29k meltdown in the last 24 hours, the price suddenly has some life again and climbing back to $32k. Hopefully it can go back again so that the support on $30k could be established again.

We really don't know what's the cause of the price going down though, maybe the bots again being triggered or manipulators wanted to bring the price so that they can buy cheap again and then short.

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[traderethereum]

well, currently the price of bitcoin is under $30k. I was quite surprised to see it. but because the crypto world is like this, it seems that those who hold bitcoins need to be patient. In addition, this decline caused almost all altcoins to go down. well, I'm still expecting the price to rise again and be above the $40k price again.

The price is back to $30k and it seems to want to break $31k because the price now is at $30,900 level price.
If this situation can be like this, maybe this day, we will see bitcoin will be back to $31k and people can sell their bitcoin and take profit.
But it needs more observation and analysis to know if bitcoin will still go up to the higher price because no sign shows that.
We are only speculating about what will happen to bitcoin but the truth is we do not know for sure.
The altcoin just follows behind bitcoin and some altcoin already increases, but it still needs more time for the altcoin to jump to the high price.

Yeah, surprise, surprise, after a scary $29k meltdown in the last 24 hours, the price suddenly has some life again and climbing back to $32k. Hopefully it can go back again so that the support on $30k could be established again.

We really don't know what's the cause of the price going down though, maybe the bots again being triggered or manipulators wanted to bring the price so that they can buy cheap again and then short.

That is a little surprising because I do not expect to see the price can back to $31k but it did happen.
Hopefully, the support increase to $30k and not going down again because that can make people panic.
I think the price wants to give us the profit after getting down in the last week to make a profit although not much, but that still profit to us.
If the price is down again, we can buy back at a low price and if that continues like that, we can expect to make more profit from bitcoin.

[rahmatrf331]

Huobi market shows that BTC broke through 33500 USDT and is now quoted at 33500.39 USDT, up 2.73% in 24H.
BTC + 2.47%

Actually it reaches as high as $34,xxx on some exchanges, but this is like 12 hours ago. But after that I have observed the price to slowly declining again. But let's see, it is above $33,500 now and hope it can break $34k barrier again.

At least this weekends, we might see some positive signs of the market movement going into positives. We don't want the price to go like ~$30k.

everyone expects bitcoin in this week to break through $ 40,000 and the reality is now still between $ 30,000 - $ 34,000. the rate of decline is not too painful for investors, everyone's expectations seem to be fulfilled and hopeful.
will this hope last? Or is bitcoin even more painful for investors in the future?

[snipie]

everyone expects bitcoin in this week to break through $ 40,000 and the reality is now still between $ 30,000 - $ 34,000. the rate of decline is not too painful for investors, everyone's expectations seem to be fulfilled and hopeful.
will this hope last? Or is bitcoin even more painful for investors in the future?

Bitcoin price will break this level for sure, it is a matter of time. Look to the positive aspect, the price increased by $5k in few days and kept quite stable. Huge fluctuations aren't good but a healthy and stable recover is always welcome.

[Clavulanic]

Huobi market shows that BTC broke through 33500 USDT and is now quoted at 33500.39 USDT, up 2.73% in 24H.
BTC + 2.47%

As the latest update I got for now, we"re currently at $34k and above. Recently I've been having close monitoring at binance trading site, because I also had some small tokens stored on them. It's been unexpected that price will suddenly spoke on that level, lastly we just see it going down until $29k and now we're experiencing how amazing it was coping up with bear market.

[STT]

Recovery into the range then with strength through the 50 day is impressive and thats the exciting bit.   Now it has to consolidate and form a confirmation of this action on daily and weekly bars, obviously takes time to do so.   We retract and move more boring again for now but well played to those that saw some build into this movement.   Even if we did reverse from here, nice trade anyway.



Trying to learn and go on what I've found most reliable in the past, the bottom prices do show strength whatever happens with these highs.  Price held itself above the 50 week average, good general appreciation I think has to be acknowledged as longer term positive direction.    The rumour on Amazon might falter a little, I dont know I dont care about words and news really but in the chart its not yet free of restraint.

[slaman29]

Trying to learn and go on what I've found most reliable in the past, the bottom prices do show strength whatever happens with these highs.  Price held itself above the 50 week average, good general appreciation I think has to be acknowledged as longer term positive direction.    The rumour on Amazon might falter a little, I dont know I dont care about words and news really but in the chart its not yet free of restraint.

I'm not sure what to think at all. Part of me thinks ok, so 30k support was broken many times since June, but each time i bounced back and showed that the dips were really dips.

But part of me also thinks 40k being a resistance is not a good thing. Every time we try to test it and it fails, it means more weakness, which is just what happened (but of course already 11% ++ gains is not to be blamed for weakness).

[Fredomago]

Recovery into the range then with strength through the 50 day is impressive and thats the exciting bit.   Now it has to consolidate and form a confirmation of this action on daily and weekly bars, obviously takes time to do so.   We retract and move more boring again for now but well played to those that saw some build into this movement.   Even if we did reverse from here, nice trade anyway.



Trying to learn and go on what I've found most reliable in the past, the bottom prices do show strength whatever happens with these highs.  Price held itself above the 50 week average, good general appreciation I think has to be acknowledged as longer term positive direction.    The rumour on Amazon might falter a little, I dont know I dont care about words and news really but in the chart its not yet free of restraint.

Influenced from the news around brings investors inside, those institutional investors who are also interested with this business might start bringing their money around.

Not good with reading charts but most of the time from my personal observation, investors are trying to ride with the hot trends and it really affecting what the market is moving, with high hope that the entry will bring them decent profits.

Just waiting for more confirmation and allowing the cycle to bounce up and down before making some move between holding and selling out.

[aoluain]

 I believe we jumped up $2000 in value in the space of 2 minutes thats impressive!



According to YahooFinance "Bitcoin Breaks Back Above $39K in Largest Single Daily Gain in 6 Weeks"

https://finance.yahoo.com/news/bitcoin-breaks-back-above-39k-013459140.html

We are looking at $40k resistance now which is normal.

[cryptomaniac_xxx]

^^ We have been trying to break $40k for at least 3x already and so far we have failed.

But I do hope that with the recent uptick on the price, this could be it. $38k has been broken, the pre-cursor of $40k. If we can broke it right now and then sustained a run, then definitely, $40k could be broken now. Crossing my fingers, this is a good start of the week and by the week end, hopefully that barrier is broken so that we can say that at least bull run has re-started again.

[snipie]

^^ We have been trying to break $40k for at least 3x already and so far we have failed.

But I do hope that with the recent uptick on the price, this could be it. $38k has been broken, the pre-cursor of $40k. If we can broke it right now and then sustained a run, then definitely, $40k could be broken now. Crossing my fingers, this is a good start of the week and by the week end, hopefully that barrier is broken so that we can say that at least bull run has re-started again.

Bitcoin price on Preev right now is $40120
Now that's what I am talking about! The main thing to watch right now is to see more uprising and some stabilisation around $45k hopefully before passing to the next level.

[$crypto$]

^^ We have been trying to break $40k for at least 3x already and so far we have failed.

But I do hope that with the recent uptick on the price, this could be it. $38k has been broken, the pre-cursor of $40k. If we can broke it right now and then sustained a run, then definitely, $40k could be broken now. Crossing my fingers, this is a good start of the week and by the week end, hopefully that barrier is broken so that we can say that at least bull run has re-started again.

Bitcoin price on Preev right now is $40120
Now that's what I am talking about! The main thing to watch right now is to see more uprising and some stabilisation around $45k hopefully before passing to the next level.

Bitcoin price $40,274.25 CMC

This possibility will soon reach a level to continue to break the barrier, I think this is done in a short time with stability between $45k likely to be crossed and it could be in the middle of $50k I hope this also makes up for it.

There's been a lot of good news today because bitcoin has emerged again, well hopefully this is an early sign that we expect to be a bullrun again like before.

[rahmatrf331]

^^ We have been trying to break $40k for at least 3x already and so far we have failed.

But I do hope that with the recent uptick on the price, this could be it. $38k has been broken, the pre-cursor of $40k. If we can broke it right now and then sustained a run, then definitely, $40k could be broken now. Crossing my fingers, this is a good start of the week and by the week end, hopefully that barrier is broken so that we can say that at least bull run has re-started again.

Bitcoin price on Preev right now is $40120
Now that's what I am talking about! The main thing to watch right now is to see more uprising and some stabilisation around $45k hopefully before passing to the next level.

Bitcoin price $40,274.25 CMC

This possibility will soon reach a level to continue to break the barrier, I think this is done in a short time with stability between $45k likely to be crossed and it could be in the middle of $50k I hope this also makes up for it.

There's been a lot of good news today because bitcoin has emerged again, well hopefully this is an early sign that we expect to be a bullrun again like before.

last night bitcoin had dropped again to $35,000 and now it's back at $37,129 (market binance) it doesn't mean bitcoin will happen bitcoin will burrish again. it's just a warm-up or a signal that it will pump again in the near future.
in the past week many investors got big profits and after that they started being greedy again to invest again in large quantities.

[slaman29]

^^ We have been trying to break $40k for at least 3x already and so far we have failed.

But I do hope that with the recent uptick on the price, this could be it. $38k has been broken, the pre-cursor of $40k. If we can broke it right now and then sustained a run, then definitely, $40k could be broken now. Crossing my fingers, this is a good start of the week and by the week end, hopefully that barrier is broken so that we can say that at least bull run has re-started again.

Well it does seem like we did it but then it immediately caused a pullback and it's quite painful to see the charts.

But it's not unlike what I was thinking might happen yesterday before we hit 40k. Markets will test it several times before finally breaking through but each failure will also be an opportunity for bears to retake their attacks on 30k support. Going to be nervy:)

[Reatim]

Huobi market shows that BTC broke through 33500 USDT and is now quoted at 33500.39 USDT, up 2.73% in 24H.
BTC + 2.47%

2 weeks after ?here is the Price

https://coinmarketcap.com/currencies/bitcoin/

though Last night this runs to more than40,000 almost breaking the 41k .

though I'm afraid that this is the last Pump and we are aiming to the Bear market in which 25,000 below .

^^ We have been trying to break $40k for at least 3x already and so far we have failed.

But I do hope that with the recent uptick on the price, this could be it. $38k has been broken, the pre-cursor of $40k. If we can broke it right now and then sustained a run, then definitely, $40k could be broken now. Crossing my fingers, this is a good start of the week and by the week end, hopefully that barrier is broken so that we can say that at least bull run has re-started again.

Well it does seem like we did it but then it immediately caused a pullback and it's quite painful to see the charts.

But it's not unlike what I was thinking might happen yesterday before we hit 40k. Markets will test it several times before finally breaking through but each failure will also be an opportunity for bears to retake their attacks on 30k support. Going to be nervy:)

That's part of the market specially when Manipulators are prospecting another bagging, but maybe this is from the News that Amazon might accept bitcoin as payment?

[SquallLeonhart]

though Last night this runs to more than40,000 almost breaking the 41k .

though I'm afraid that this is the last Pump and we are aiming to the Bear market in which 25,000 below .

Do not be so sure about the price, we could see the price going up to 40k+ once again very soon, nobody can guarantee a drop just yet. I understand that we do not have to keep going up, I understand that there is a chance we could drop, and all of that makes sense and the charts show that going down is a big possibility right now.

However reality is that we could also see it going up as well, it is obvious that bitcoin is literally 50-50% thing where it either goes up or down as we all know and it always have 50-50% chance of doing each, it is never "there is a 80% chance it will go down" because it is never so guaranteed that it will do that. Which is why I am expecting a little retract which we already did but could be a bit more, like to 36k or so, and then I am expecting it to go to a level where it is breaking 40k but could fail to do so of course.

[slaman29]

That's part of the market specially when Manipulators are prospecting another bagging, but maybe this is from the News that Amazon might accept bitcoin as payment?

Nah, no way. I said yesterday even if it's true, this kind of news shouldn't affect the market because it actually does nothing for Bitcoin adoption. Doesn't create more users, just maybe makes a few more transactions possible from Bitcoin users that already exist.

Plus now Amazon itself has denied the story is true, so it's definitely not that.

[SquallLeonhart]

That's part of the market specially when Manipulators are prospecting another bagging, but maybe this is from the News that Amazon might accept bitcoin as payment?

Nah, no way. I said yesterday even if it's true, this kind of news shouldn't affect the market because it actually does nothing for Bitcoin adoption. Doesn't create more users, just maybe makes a few more transactions possible from Bitcoin users that already exist.

Plus now Amazon itself has denied the story is true, so it's definitely not that.

Amazon already denied it so there is no point on thinking it was because of that, and the price dropped after amazon denied it as well, but the price still went up after that. However I have to say that if amazon actually accepted it, they would create a bit more interest towards crypto, why? Because you can buy many things from amazon that could be good for your daily life as well, not just some ebay type of place.

Of course it depends on which nation you are from but you can get even food from them in some nations, and you can get regular needs, baby wipes, diapers and so forth for anyone who has a kid (best prices I have seen anywhere), certain daily needs like food and clothes for adults, and even stuff for business as well.

This means that instead of selling your crypto and buying them with fiat, you will be able to spend your crypto instead, and if amazon doesn't sell it quickly, then we are talking about less sales and higher price.

[LUCKMCFLY]

The balance for BTC has been very exciting, it has reached $ 40k, but it has dropped a bit, it is at the $ 39k- $ 40k levels, for now I think that the bulls are waiting for another good moment to continue pushing the price, the This time bears are falling behind, they are losing their strength:

After retesting the resistance of $40,000, the recovery has slowed down and the price is trying to consolidate in the area of weak support at $39,600. If the bulls manage to continue to rise today, the price may test the $42,447 level.

Source: https://u.today/btc-eth-and-ada-price-analysis-for-july-28

You see a very good outlook, apparently the bulls are having control for now, investors are putting in more money because the volume that BTC has is showing somewhat considerable.

[slaman29]

Nah, no way. I said yesterday even if it's true, this kind of news shouldn't affect the market because it actually does nothing for Bitcoin adoption. Doesn't create more users, just maybe makes a few more transactions possible from Bitcoin users that already exist.

Plus now Amazon itself has denied the story is true, so it's definitely not that.

However I have to say that if amazon actually accepted it, they would create a bit more interest towards crypto, why? Because you can buy many things from amazon that could be good for your daily life as well, not just some ebay type of place.

Maybe, maybe not. But you know, Microsoft once opened up Bitcoin (years ago). They didn't get any sales. And in many countries now you have food deliveries that can be paid in Bitcoin (I believe the JustEat gang in Europe has this), but ask all these defi users and altcoin holders and Bitcoin speculators if they ever actually paid for anything in BTC? No they just "HODL the stacks".

But okay, I agree. If it had been true, it would be bigger. Which is why I said if it were real BTC usage, plus censorship removal, then it'd be big.