Bitcoin current stage and price

[Silberman]

Personally I'm just happy that the price is holding its own above the 40k level, we spent a lot of time below that level and many people began to become very bearish thinking that the market was not going to recover for years, but I'm glad that we are above that level after just a few months, however I do not really think that the price is going to skyrocket until we get close to the end of the year as the hype at that moment is going to be at the highest and the whales are going to take advantage of this and manipulate the market so they can earn even more money at the expense of newbies.

That's what I am feeling right now, I am happy that it is staying above 40k. I do not need to see it over 60k again, that is not really a priority for me because I do not care about that, but I do care about the fact that price is staying above 40k.

People need to realize that holding above 40k means a lot, and if it stays above 40k that makes the 40k+ period longer and longer, 1 day staying here means more days later on. Why is that? Because more and more people withdraw their selling price at top and add in a lot more buying at lower prices and that makes it harder to drop the price, that is a great thing and the wall building under the 40k level grows every single day, the more it grows the better it will be for all of us. I personally like not dropping more than I like going up because as long as price stays high, that means only direction will be either staying or going up, that is a lot more important.

I have in fact the very same thought process, people are always concentrating themselves on the price going up and I get it because who doesn't want their assets in which they invested to go up in value, however it is way more important to stay above the resistance level and the reason behind this is that it is widely known that once you surpass a level like that then it becomes the new floor for the price, so I do not really expect the price of bitcoin to go below this level, which means that there is only one direction the price can go and that is up.

[justdimin]

This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?

It did broken that 45,000 level but stagnant on that price for week now. assuming that the price will hit 50k then what is the next resistance 55k? but yes if this 55k will be taken then surely we will make another run from ATH of 64,000

I was in profit even at 28k, I bought a lot earlier during April 2020 a bit after it crashed, and I kept buying so it increased eventually but I am still around 10k purchasing average, so I am not doing bad at all. However I am not going to sell, nor I am getting excited about more and more profit right now. Not everyone who doesn't sell means that they believe it will be 100k soon, I do not think that we will see 100k at least another year or so, but I am still not selling nor doing anything.

The only reason I am not is I belong to few people who are called "long term investors", I am sure you heard of us, we are not "greedy" about the price going up, we do not have any rush, we believe in bitcoin and in general crypto and we think it will certainly be 100k or 200k or even a million dollars and we do not have any rush to see that happen, I can wait 10 years if required, it is fine.

[LUCKMCFLY]

The current stage of BTC is somewhat bullish, of course it is normal for some corrections to occur, but those are necessary corrections for many whales, traders and investors to buy, as well as an opportunity for those who like to buy alts, the direction of BTC targets $ 50k, for now in the short term this analysis shows the following:

Over the past night, the pair recovered to the resistance of $46,000 and, today, the bulls might try to continue their run to the level of $47,745. A new monthly high should be expected around $48,000.

Bitcoin is trading at $46,467 at press time.

Source: https://u.today/btc-eth-and-xrp-price-analysis-for-august-11

As the trend is merely bullish in the short term, it is a good opportunity to buy, however, we must not rule out that a bearish attack can happen, in my personal opinion in case BTC falls in price it would be ideal to leave it in HODL mode, since BTC is a safe investment.

[rincoeng1986]

Personally I'm just happy that the price is holding its own above the 40k level, we spent a lot of time below that level and many people began to become very bearish thinking that the market was not going to recover for years, but I'm glad that we are above that level after just a few months, however I do not really think that the price is going to skyrocket until we get close to the end of the year as the hype at that moment is going to be at the highest and the whales are going to take advantage of this and manipulate the market so they can earn even more money at the expense of newbies.

That's what I am feeling right now, I am happy that it is staying above 40k. I do not need to see it over 60k again, that is not really a priority for me because I do not care about that, but I do care about the fact that price is staying above 40k.

People need to realize that holding above 40k means a lot, and if it stays above 40k that makes the 40k+ period longer and longer, 1 day staying here means more days later on. Why is that? Because more and more people withdraw their selling price at top and add in a lot more buying at lower prices and that makes it harder to drop the price, that is a great thing and the wall building under the 40k level grows every single day, the more it grows the better it will be for all of us. I personally like not dropping more than I like going up because as long as price stays high, that means only direction will be either staying or going up, that is a lot more important.

I have in fact the very same thought process, people are always concentrating themselves on the price going up and I get it because who doesn't want their assets in which they invested to go up in value, however it is way more important to stay above the resistance level and the reason behind this is that it is widely known that once you surpass a level like that then it becomes the new floor for the price, so I do not really expect the price of bitcoin to go below this level, which means that there is only one direction the price can go and that is up.

the market is a little fluctuating today, some other altcoins are down a few percent, now holding between $43,000 - $44,000. previously yesterday had penetrated $ 46,000. can tomorrow be bullish again? for this I have a hard time predicting, for this week's closing price to what price I can't be sure.

[asrinur]

In my opinion, the price of BTC is currently experiencing a breakout and is on the rise at the moment. BTC maintains a good rally in the $49k to $52k price range. But all these scenarios happen if BTC can get past $45k.

[Silberman]

This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?

It did broken that 45,000 level but stagnant on that price for week now. assuming that the price will hit 50k then what is the next resistance 55k? but yes if this 55k will be taken then surely we will make another run from ATH of 64,000

I was in profit even at 28k, I bought a lot earlier during April 2020 a bit after it crashed, and I kept buying so it increased eventually but I am still around 10k purchasing average, so I am not doing bad at all. However I am not going to sell, nor I am getting excited about more and more profit right now. Not everyone who doesn't sell means that they believe it will be 100k soon, I do not think that we will see 100k at least another year or so, but I am still not selling nor doing anything.

The only reason I am not is I belong to few people who are called "long term investors", I am sure you heard of us, we are not "greedy" about the price going up, we do not have any rush, we believe in bitcoin and in general crypto and we think it will certainly be 100k or 200k or even a million dollars and we do not have any rush to see that happen, I can wait 10 years if required, it is fine.

And believe it or not that is precisely the kind of mentality that you need to reach the success that so many newbies dream of, it is kind of ironic that the ones that are not 100% concentrated in making money in this market are in fact the ones that are going to make the most money, just keep doing what you have doing during these years and you are going to become incredibly successful, probably more successful than whatever you could dream of.

[cryptomaniac_xxx]

In my opinion, the price of BTC is currently experiencing a breakout and is on the rise at the moment. BTC maintains a good rally in the $49k to $52k price range. But all these scenarios happen if BTC can get past $45k.

Unfortunately, you are wrong, BTC goes down again to $45k.

However, we have the weekend dips, so it's but normal. The more interesting break out should happen on Monday, for sure speculators and traders are going to be busy as it will fight it out again in the market, will be bulls continue to dominate the market and shorters getting REKT big time again? Remains to be seen.

The market is already on a bullish phase, but with few minimal dips and get goes on again for that big barrier of $50k this month.

[zanezane]

In my opinion, the price of BTC is currently experiencing a breakout and is on the rise at the moment. BTC maintains a good rally in the $49k to $52k price range. But all these scenarios happen if BTC can get past $45k.

That's pretty easy to see and it's a no-brainer that it's rising up, the prices are mostly positive by the end of the year so there's no chance that your opinion is wrong. I think it's going to be the same as the last time when it hits 45k USD.

[lixer]

Unfortunately, you are wrong, BTC goes down again to $45k.

However, we have the weekend dips, so it's but normal. The more interesting break out should happen on Monday, for sure speculators and traders are going to be busy as it will fight it out again in the market, will be bulls continue to dominate the market and shorters getting REKT big time again? Remains to be seen.

The market is already on a bullish phase, but with few minimal dips and get goes on again for that big barrier of $50k this month.

I do not think that Monday will be the day when this happens, I believe that it will be around Wednesday or Thursday when it happens. I know that's too much of a specific date to give for something as volatile as bitcoin, we could be 50k+ today if bitcoin goes into berzerk mode and we do have those kinds of stuff all the time. However what we should be focusing on is not the fact that bitcoin dropped or increased, but more about how bitcoin takes a while to go up.

So, I agree with you that this was a weekend drop and it always happens, this is basically something we should have seen beforehand, but I do not think that bitcoin recovers right away on Mondays, it takes a few days, which means Wednesday or Thursday, even maybe Friday who knows? And that is why I gave a specific day, it could be a bit different, it could be Monday, it could be no increase whole week, I am not a wizard I do not have a magic 8 ball in my hand, I am just guessing like everyone else.

[cryptomaniac_xxx]

Unfortunately, you are wrong, BTC goes down again to $45k.

However, we have the weekend dips, so it's but normal. The more interesting break out should happen on Monday, for sure speculators and traders are going to be busy as it will fight it out again in the market, will be bulls continue to dominate the market and shorters getting REKT big time again? Remains to be seen.

The market is already on a bullish phase, but with few minimal dips and get goes on again for that big barrier of $50k this month.

I do not think that Monday will be the day when this happens, I believe that it will be around Wednesday or Thursday when it happens. I know that's too much of a specific date to give for something as volatile as bitcoin, we could be 50k+ today if bitcoin goes into berzerk mode and we do have those kinds of stuff all the time. However what we should be focusing on is not the fact that bitcoin dropped or increased, but more about how bitcoin takes a while to go up.

What I meant is that on Monday (today), we will have a good bounce from $45k, which is happening right now as we have move up to $47k. And then we will attempt that $48k wall and see how it pan out.

So, I agree with you that this was a weekend drop and it always happens, this is basically something we should have seen beforehand, but I do not think that bitcoin recovers right away on Mondays, it takes a few days, which means Wednesday or Thursday, even maybe Friday who knows? And that is why I gave a specific day, it could be a bit different, it could be Monday, it could be no increase whole week, I am not a wizard I do not have a magic 8 ball in my hand, I am just guessing like everyone else.

Right, just the weekend dip, but today is Monday, which is a good time to see a bounce which eventually happen. $50k can wait up to the end of the month. What's important is that the bullish phase is still continuing and that's what important for us. No worries about you prediction, everyone is just making a wild and educated guess, just like you and me.

[kotajikikox]

This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?

i think that this whole month will be a calm trend for bitcoin as the movement might happen in the 4th quarter in which will happen after this month of august so basically the movement we are seeing is at least normal growth and drop for the time being.
though no one can expect what will happen until it comes .
but i am not losing faith that another ATH will happen before this year ends.

[Lordshiva]

This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?

I think If bitcoin stays above $40k for a week, it's likely that the uptrend will increase. Bitcoin may fall back into the mid-range around $36k, or lower before the rally continues. So let's see how things go later this week or at least next month.

Broo current price of bitcoin is 47k USD, way above 40k and i dont see it going down less that 40k USD now and i am expecting it to cross the 50k $ mark this
week easily. It is in a uptrend and it will cross 50k usd easily.

[Ziskinberg]

This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?

Now I can say that you are speculating it right, the price of Bitcoin had surpassed already at $45k, currently near to reach $50k. I see the market resistance keeps on pushing high and not only for Bitcoin but also into major altcoins. I was thinking now for another ATH record before year-end. Maybe I was wrong or right but still, I'm going to hold some of my cryptos while selling some for assurance. We couldn't deny the volatility of the market so it was good to secure some funds.

[mumang siat]

This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?

The market is looking well at the beginning of the year and till date, bitcoin conditions have also affected the market rate, people are waiting for the next bitcoin move assuming stable market conditions, this week expectations are high again in the market and this is to be expected from the initial scenario.

But everything that happens in the market, it's not necessarily bitcoin can survive or vice versa, but if we examine further the possibility to survive or even rise is even greater, it is likely that bitcoin will be at its highest number by the end of this year.

[Silberman]

This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?

Now I can say that you are speculating it right, the price of Bitcoin had surpassed already at $45k, currently near to reach $50k. I see the market resistance keeps on pushing high and not only for Bitcoin but also into major altcoins. I was thinking now for another ATH record before year-end. Maybe I was wrong or right but still, I'm going to hold some of my cryptos while selling some for assurance. We couldn't deny the volatility of the market so it was good to secure some funds.

I think that at this point it is very obvious that we are going to reach another all time high during this year and to me that is still a very conservative estimate about what the price of bitcoin can do, I really think that there is a very high expectation that bitcoin is going to skyrocket at the end of the year and if bitcoin at that time is close enough to the all time high then we will see massive hype building up and easily reaching that price and not only it will reach that price but it will surpass it easily.

[snipie]

Now I can say that you are speculating it right, the price of Bitcoin had surpassed already at $45k, currently near to reach $50k. I see the market resistance keeps on pushing high and not only for Bitcoin but also into major altcoins. I was thinking now for another ATH record before year-end. Maybe I was wrong or right but still, I'm going to hold some of my cryptos while selling some for assurance. We couldn't deny the volatility of the market so it was good to secure some funds.

There is high resistance at the $45k-$47k level. The best thing is to see the bitcoin price not falling too much under $45k. I am expecting the price to reach $50k by the end of the summer hopefully, otherwise I am always afraid with price stagnation between September and mid November.. before jumping again to a new record tho

[rahmatrf331]

Now I can say that you are speculating it right, the price of Bitcoin had surpassed already at $45k, currently near to reach $50k. I see the market resistance keeps on pushing high and not only for Bitcoin but also into major altcoins. I was thinking now for another ATH record before year-end. Maybe I was wrong or right but still, I'm going to hold some of my cryptos while selling some for assurance. We couldn't deny the volatility of the market so it was good to secure some funds.

There is high resistance at the $45k-$47k level. The best thing is to see the bitcoin price not falling too much under $45k. I am expecting the price to reach $50k by the end of the summer hopefully, otherwise I am always afraid with price stagnation between September and mid November.. before jumping again to a new record tho

very long resistance looks like it's been a few days bitcoin is still resistance at some point and never goes up much and never goes down much between $44k and $46k. this keeps analysts busy predicting market prices whether the market will go up or down again at $43k. so it seems confusing. I myself am very difficult to make decisions at this time in the transaction.

[rhodelmabanal]

Now I can say that you are speculating it right, the price of Bitcoin had surpassed already at $45k, currently near to reach $50k. I see the market resistance keeps on pushing high and not only for Bitcoin but also into major altcoins. I was thinking now for another ATH record before year-end. Maybe I was wrong or right but still, I'm going to hold some of my cryptos while selling some for assurance. We couldn't deny the volatility of the market so it was good to secure some funds.

There is high resistance at the $45k-$47k level. The best thing is to see the bitcoin price not falling too much under $45k. I am expecting the price to reach $50k by the end of the summer hopefully, otherwise I am always afraid with price stagnation between September and mid November.. before jumping again to a new record tho

very long resistance looks like it's been a few days bitcoin is still resistance at some point and never goes up much and never goes down much between $44k and $46k. this keeps analysts busy predicting market prices whether the market will go up or down again at $43k. so it seems confusing. I myself am very difficult to make decisions at this time in the transaction.

Well it is not only you who are having a hard time to make a decision, the market is really risky at this point of time and we need to be careful on making a decision. For now I am still waiting and collecting signals and I prefer buying on some altcoin that is still cheap and sell if the price rise, we need to grab every opportunity that comes because ones the bitcoin comes down, Alts generally lose Bullish momentum.

[Kemarit]

Now I can say that you are speculating it right, the price of Bitcoin had surpassed already at $45k, currently near to reach $50k. I see the market resistance keeps on pushing high and not only for Bitcoin but also into major altcoins. I was thinking now for another ATH record before year-end. Maybe I was wrong or right but still, I'm going to hold some of my cryptos while selling some for assurance. We couldn't deny the volatility of the market so it was good to secure some funds.

There is high resistance at the $45k-$47k level. The best thing is to see the bitcoin price not falling too much under $45k. I am expecting the price to reach $50k by the end of the summer hopefully, otherwise I am always afraid with price stagnation between September and mid November.. before jumping again to a new record tho

The average is $43,000, that's the lowest price that we can see bitcoin should drop at a resistance base on 200 MA. But we are not going down on that levels, meaning we are above, indication that we are still in a bullish trend.

As for the price hitting $50,000, we have breach $49,000 multiple times in the last 3 days, so chances are we are going to hit it at the end of the month. And then September up to December the finals push to whatever all time high, hopefully it will be in the 6 digits.

[rodskee]

Now I can say that you are speculating it right, the price of Bitcoin had surpassed already at $45k, currently near to reach $50k. I see the market resistance keeps on pushing high and not only for Bitcoin but also into major altcoins. I was thinking now for another ATH record before year-end. Maybe I was wrong or right but still, I'm going to hold some of my cryptos while selling some for assurance. We couldn't deny the volatility of the market so it was good to secure some funds.

There is high resistance at the $45k-$47k level. The best thing is to see the bitcoin price not falling too much under $45k. I am expecting the price to reach $50k by the end of the summer hopefully, otherwise I am always afraid with price stagnation between September and mid November.. before jumping again to a new record tho

very long resistance looks like it's been a few days bitcoin is still resistance at some point and never goes up much and never goes down much between $44k and $46k. this keeps analysts busy predicting market prices whether the market will go up or down again at $43k. so it seems confusing. I myself am very difficult to make decisions at this time in the transaction.

Well it is not only you who are having a hard time to make a decision, the market is really risky at this point of time and we need to be careful on making a decision. For now I am still waiting and collecting signals and I prefer buying on some altcoin that is still cheap and sell if the price rise, we need to grab every opportunity that comes because ones the bitcoin comes down, Alts generally lose Bullish momentum.

market is always risky because this is a Volatile investment , there is no safe zone in investing unless the market is in bearish but who knows that it does when the market keeps pumping and dumping.
anyway just like what always said, invest what you can afford to lose so you will have no crying in time.
What signals are you waiting? candling ? or signal group? if does then never trust any of them because they are only full of shits.