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Author Topic: At last at last, bitcoin increase more than $41,000  (Read 411 times)
Kong Hey Pakboy
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August 01, 2021, 02:03:04 AM
 #21

I think the fuss about price is Tesla and Amazon calling out bitcoin once again. Although Amazon tried to change decision but investors are already buying the first news. The volatility is coming up again and not only bitcoin gaining but altcoins too. This is good for the cryptocurrency market and before the year ends with continuous up move, we can see a new ATH.
I think what they're trying to change is the fact that Amazon was attempting a rug pull but it seems that the market is much powerful that they've expected because the prices are still doing just right. I hope that by the end of the year we can bitcoin go up to a really unexpected prices and I do hope that it's a positive one.

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August 01, 2021, 03:11:36 AM
 #22

$50k is in sight, although I'm not very good at predicting the price.. this time my prediction was right, it has reached the level of $40k from the price of $30k, and I have already benefited from the short term that I did. This time it's a new entry to start over, and it looks like next time I'll take the long term to $60k and even higher. good luck to us & stay consistent in the hold.

Short term, that is the next target, $50k and it's within range already, couple of thousands of dollars and a billion worth of trading next week, we might be in the verge of breaking that huge mental barrier. Yeah, long term it could be in the range of $60k-$100k. So a long way to go, but we have weathered the storm already, all we have to see is keep calm and have patience and continue to stack sats. August for sure will be wild ride for all of us.

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August 01, 2021, 06:30:30 AM
 #23

China FUD is dead now, no more China affecting the price of bitcoin. Short term pain has eased & we’re moving back up. I don’t know about anybody else but it was horrifying seeing the price drop so hard in May. Looks like we’re back on track now & the bull run is alive & kicking. $100,000+ this year is happening Wink
I think getting to $100K is still a bit far. Although I also expected that. China's FUD is dead, but there will likely be another FUD waiting to hit the crypto market (I hope it doesn't). So, stay alert for issues that play tricks on the market to manipulate prices.

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August 01, 2021, 06:52:19 AM
 #24

Happy face suite for those who have taken bite when Bitcoin under $30K. As long as we see another daily above 41500 today we should be good to head up on the next leg and 50k is next leg up. It needs to break 45k then we will see but short in the same way. Everyone about to fomo in and release their fund when they make enough profits. Who knows, but could be?
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August 01, 2021, 06:52:53 AM
 #25

China FUD is dead now, no more China affecting the price of bitcoin. Short term pain has eased & we’re moving back up. I don’t know about anybody else but it was horrifying seeing the price drop so hard in May. Looks like we’re back on track now & the bull run is alive & kicking. $100,000+ this year is happening Wink
I think getting to $100K is still a bit far. Although I also expected that. China's FUD is dead, but there will likely be another FUD waiting to hit the crypto market (I hope it doesn't). So, stay alert for issues that play tricks on the market to manipulate prices.

If we look at the current Bitcoin price, which is still at $41k, it's still a long way from getting to the $100k price. But we must not forget that if Bitcoin
has entered a bullish trend, Bitcoin surprisingly a few months ago rose very quickly to the price of $ 60k. So it is not impossible for Bitcoin to reach
the price of $100k later this year, but indeed we hope that another FUD will not come again in the near future. In order to make it easier to increase
the price of Bitcoin, because I believe that Bitcoin has now managed to rise above the price of $40k, this is a sign Bitcoin is starting to get on
the right track. Hopefully in the near future it can return to the price of $ 60k, but I agree we do have to be vigilant. Because there is still
the possibility of the Bitcoin price going back down. For now, we really have to monitor the market more often, in order to know the development of
Bitcoin prices.

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August 01, 2021, 08:47:19 AM
Merited by ivankoh (1)
 #26

I was very happy yesterday when I saw the price of bitcoin to reach $40,000, I check the market after I woke up today to still still the price to remain at $41,000./I was very happy to see that, it is that bitcoin price will not fall back below $40,000. It take time before bitcoin get to over $40,000 because it was fluctuating between $$38,000 and $40,000 bit the price is now over $40,000, we are expecting $50,000 next.
I'm also glad that bitcoin has escaped from the bulls and bears. The 41k threshold is almost unbreakable, it has been nailed there since last month despite bitcoin's attempt to build elasticity. And now the atmosphere is exciting in the market, I believe there will be no more dips as we are still on a meaningful August roadmap.

Source: https://twitter.com/DATOLYT/status/1421693689294823425?s=20
Will we be 74% ahead of August 2017? Very confident.
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August 01, 2021, 09:50:53 AM
 #27

Don't celebrate too soon yet because anything can still happen at this stage and we all know how volatility is a factor in this market so tread the market and invest in the market with caution. I am happy that bitcoin has reached this point again and I hope that it's going to be just the start of it's rise until the end of the year.

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August 01, 2021, 09:55:59 AM
 #28

I'm also glad that bitcoin has escaped from the bulls and bears. The 41k threshold is almost unbreakable, it has been nailed there since last month despite bitcoin's attempt to build elasticity. And now the atmosphere is exciting in the market, I believe there will be no more dips as we are still on a meaningful August roadmap.
According to what I am reading, bitcoin was more stuck at $30,000 recently, but what we are saying is all the same, that the bull market is now, good for people to long it or just hold. I notice something now that the price is getting resistant for bear market, we can see 10 consecutive green candle stick since 10 days ago until yesterday, but the market is gree today now.
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August 01, 2021, 11:23:35 AM
 #29

I'm also glad that bitcoin has escaped from the bulls and bears. The 41k threshold is almost unbreakable, it has been nailed there since last month despite bitcoin's attempt to build elasticity
Yes, I agree that bitcoin has been moving across the 29k-41k zone for a long time without being penetrated by the huge resistance of the bear market. But I'm still hesitating about the $41k threshold right now, will I put a support or not? This could be the most important period of August, I still hope we hold 41k solid after 1.2 days, really still optimistic. Lol, current price $41391

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August 01, 2021, 01:08:39 PM
 #30

Don't celebrate too soon yet because anything can still happen at this stage and we all know how volatility is a factor in this market so tread the market and invest in the market with caution. I am happy that bitcoin has reached this point again and I hope that it's going to be just the start of it's rise until the end of the year.
Unless you are trading day to day, better to care less about bitcoin price volatility and think about holding for long term. After a certain gain, traders will certainly start selling to take profit then once the price drops they will buy again and so on. Until the price rise back to +$65k, volatility doesn't worry me a lot.

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August 01, 2021, 06:22:58 PM
 #31

~
And yet another good news from Germany -

I hope this will drive more positive movement in the market. Maybe, we will be seeing 45k price level very soon. So for those who feel they are being left out, maybe, it is time again to buy before the market rise again. Don't regret when you see good numbers in the market.
I believe this news came earlier and now they are implementing it right. The market is still hovering around $41k and we need a big push to see that the resistance is broken and we need some shilling from Elon for the price to rally from this situation  Cheesy. I was checking the market the entire day to see the direction we are going and we are yet to find one, may be we need more time to break the resistance, only time will tell.
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August 01, 2021, 11:58:54 PM
 #32

I was very happy yesterday when I saw the price of bitcoin to reach $40,000, I check the market after I woke up today to still still the price to remain at $41,000./I was very happy to see that, it is that bitcoin price will not fall back below $40,000. It take time before bitcoin get to over $40,000 because it was fluctuating between $$38,000 and $40,000 bit the price is now over $40,000, we are expecting $50,000 next.

Though we seen that the price already got the good stand few days ago, taking precautious should be done to prevent all sorts of failing. We don't know what will going to eradicate at random situations, better have a good preparation or have regrets after all. Unpredictable market was too surprising, it could give you headaches and stress.
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August 02, 2021, 12:49:30 AM
 #33

Good to see that it finally reach $40K+ again after dropping down,
But it is now again below $40K and I hope that it would slowly increase again and stay on high price for good.
It is really a great news for the price to go high again and it could be a good sign that it would now climb again.

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August 02, 2021, 11:12:35 AM
 #34

I was also very happy to see the bitcoin price back above $40k. it's just that we can't just be happy. currently, the price of bitcoin is back down below the price of $ 40k. I think we can rest easy when the bitcoin price is above $45k. some price developments that took place a few months ago also the bitcoin price was back at $40k, but that didn't last long. I hope, the price of bitcoin can rise again this month.

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August 02, 2021, 11:27:35 AM
 #35

I was very happy yesterday when I saw the price of bitcoin to reach $40,000, I check the market after I woke up today to still still the price to remain at $41,000./I was very happy to see that, it is that bitcoin price will not fall back below $40,000. It take time before bitcoin get to over $40,000 because it was fluctuating between $$38,000 and $40,000 bit the price is now over $40,000, we are expecting $50,000 next.
But again fell down to below 40k?

i am starting to believe what philipma posted recently that Bitcoin will never taste 40k up value in 10 straight days instead the pump and dump will continue happens.


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August 03, 2021, 12:21:56 PM
 #36

I was very happy yesterday when I saw the price of bitcoin to reach $40,000, I check the market after I woke up today to still still the price to remain at $41,000./I was very happy to see that, it is that bitcoin price will not fall back below $40,000. It take time before bitcoin get to over $40,000 because it was fluctuating between $$38,000 and $40,000 bit the price is now over $40,000, we are expecting $50,000 next.
But again fell down to below 40k?

i am starting to believe what philipma posted recently that Bitcoin will never taste 40k up value in 10 straight days instead the pump and dump will continue happens.


Perhaps $40k was a really big barrier, although we have reach as high as $42k, not enough momentum to stay on that price range. Indicators shows that if we sustained that run then $45k might be target, otherwise we will go sub $40k again. So the latter was the scenario that did occur, however, we have strong support on that region. So I doubt that we might go under $30k'ish, we might see what we have been seeing in the last 3 months, it will be on another sideways pattern and then an imminent breakout in the last quarter.

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August 03, 2021, 11:53:49 PM
 #37

The price did increase amazingly, but what's happening on recent market today has gone towards downtrend.
This was projected last week if we won't sustain until $45k it would go back below $40k down to $30k before we will experience another ATH going back to $50k or higher.
Many people hope for better on btc, so another projections for next week that recovery will be happening. Let's wait on that situation and that's sounds exciting for all of us.
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August 03, 2021, 11:56:58 PM
 #38

The price did increase amazingly, but what's happening on recent market today has gone towards downtrend.
This was projected last week if we won't sustain until $45k it would go back below $40k down to $30k before we will experience another ATH going back to $50k or higher.
Many people hope for better on btc, so another projections for next week that recovery will be happening. Let's wait on that situation and that's sounds exciting for all of us.

Another good news, and we will see bitcoin rising again. So for those believers, better buy while you can. Because once it starts to rally again, you will regret saying you should have bought. But right now, it is showing that the support above 30k is quite strong because few weeks ago, a lot are predicting that btc will go down to even 20k. But the opposite happens.
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August 03, 2021, 11:58:39 PM
 #39

I was very happy yesterday when I saw the price of bitcoin to reach $40,000, I check the market after I woke up today to still still the price to remain at $41,000./I was very happy to see that, it is that bitcoin price will not fall back below $40,000. It take time before bitcoin get to over $40,000 because it was fluctuating between $$38,000 and $40,000 bit the price is now over $40,000, we are expecting $50,000 next.
But again fell down to below 40k?

i am starting to believe what philipma posted recently that Bitcoin will never taste 40k up value in 10 straight days instead the pump and dump will continue happens.


Coincidence? I wont be saying that one would be accurate because speculations doesnt really give out any guarantees on where price could able to held up. It could neither able to hold or would make out some pullbacks,
no one can tell and since im a short or day active trader then i do really make out buy and sell with those volatility which do matter the most.As a investor or trader then you should be prepared with these instances
because you can make out money and wont really be needing for you to wait for a very long time.

R


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August 04, 2021, 04:32:47 PM
 #40

The price did increase amazingly, but what's happening on recent market today has gone towards downtrend.
This was projected last week if we won't sustain until $45k it would go back below $40k down to $30k before we will experience another ATH going back to $50k or higher.
Many people hope for better on btc, so another projections for next week that recovery will be happening. Let's wait on that situation and that's sounds exciting for all of us.

Another good news, and we will see bitcoin rising again. So for those believers, better buy while you can. Because once it starts to rally again, you will regret saying you should have bought. But right now, it is showing that the support above 30k is quite strong because few weeks ago, a lot are predicting that btc will go down to even 20k. But the opposite happens.

When the price was under $30k a lot of speculation believed that bitcoin would drop to $20k, this made me panic and sell when the price was $29k, of course this was my fault for panicking, when I saw the price a few days ago could reach $41k it make me optimistic to buy and hold at least until December.

I'm sorry to hear that you panic and sold when the price hits lowest low of $29k. Anyhow this is a good lessons for everyone not to panic. I know it's hard to control our emotions, but in bitcoin investments, you need a diamond hand, just saying.

For the current price dump, I believed that this could be the last time that we are going to see it dip below $40k. I'm expecting that in the next coming months, it will bounce back and make a recovery again and then the last leg up, the last quarter will be an interesting ride to a new all time high.

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