Bitcoin current stage and price

[slaman29]

It's always a good entry for Bitcoin, at whatever the price is, because you always get a good average if you keep regular buying. The only difference is the wait.

Yeah, only those who are dare to wait, now enjoying massive profits. So, patience will pay ALWAYS. Keep buying whenever there are some funds available and keep holding all those bitcoins will definitely make any investor rich for sure.

It's not even really so daring to wait these days:) Daring was those who bought in 2017 near 20k and still held on for dear life until March last year when they lost over 80% of their value for BTC;)

Patience definitely pays, but I would not promise it's always going to be true. It's my personal belief, but I know that anything is still possible, including zero dollar price:)

[Boov]

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 current market was too unpredictable, it feels so good to see how green signals accumulating lately as I woke up this after deep sleep. The strong resistance has yet to come, but I've seen more positive thoughts became an overwhelming perspectives that everyone is looking right now. Hopefully this price that we experienced recently will be continuously rolling out, and survive to last until $50k or much bigger.

[SquallLeonhart]

The current market was too unpredictable, it feels so good to see how green signals accumulating lately as I woke up this after deep sleep. The strong resistance has yet to come, but I've seen more positive thoughts became an overwhelming perspectives that everyone is looking right now. Hopefully this price that we experienced recently will be continuously rolling out, and survive to last until $50k or much bigger.

For me, it seems highly predictable . As it seems bitcoin market has already entered into bullish mode, I speculate we can have a new ATH in any time soon which might be quicker than what bitcoin took to test $64k from $40k in previous round. I mean this time that we might have more stronger bull run than what we had in the beginning months of this year.

As of now bitcoin is slowly testing its resistance levels around $45k levels and if it is able to sustain around it for a while then we can expect it will test $50k levels in very quicker manner. Let's wait how this weekend is going to surprise us in next few hours.

[traderethereum]

The market is just awesome now. It's like we are in another bull market but I don't want to be so sure about it also. This could be a very nice rally and end soon either. But for now, I'm just enjoying the view. The market is full of green graphs. Bitcoin is crushing the resistance levels and continuing on its way. It's reached $44.5k already.

Yes, it is a surprise because, finally, the price can rise above after staying below $40k for a few weeks.
Hopefully, after this, the bitcoin price will still rise and back to $50k or even $64k.
We are waiting for this time because I think some of us have a target price to sell at the current price so if you are one of them, enjoy your profit and leave the market for a while.
But if you still wait for the next highest price, you can do that meanwhile, enjoying this moment without doing anything can be good for you.

[Koro-Sensei]

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?

An linearly trend happened last week and it almost cross the $42K mark. A healthy correction happened which pulled BTC down back to 38K area and bounces back again to $44K which I believe could breakout again to 50K. I believe this bull run could be strong than what happened before and could potentially surpass the all time high within a year.

It is not possible to predict the price of bitcoin but if you have faith in bitcoin you can invest and hold on. Bitcoin is a very strong currency in the crypto market and its price goes down but it goes up to have high reassurance these months of bitcoin could be much better and the price may go up further by the end of this year.

Yeah we can't predict but we can determine its price range using the current trend and bullishness analysis by charts and experts.

[Rasa nanas]

it's the weekend and the bitcoin price has reached $44k. I see this price increase is a normal price increase that happens all the time and I don't see this price increase as a sign of a bull market. this price movement will not deliver bitcoin to yesterday's ATH price let alone to pass it.

[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?

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.

[ipanks]

Many of us are happy to see bitcoin move today because the price can back to $46k. After the price dropped to $43k a few days ago, the price can now have more support and increased. Hopefully, the market will get more time to grow and back to $50k because sooner or later, the price will be back to the last ATH and will make a second ATH this year. But to go to that new ATH, bitcoin needs to attract more investors and convince them that bitcoin price will rise so high in the future.

[rahmatrf331]

Many of us are happy to see bitcoin move today because the price can back to $46k. After the price dropped to $43k a few days ago, the price can now have more support and increased. Hopefully, the market will get more time to grow and back to $50k because sooner or later, the price will be back to the last ATH and will make a second ATH this year. But to go to that new ATH, bitcoin needs to attract more investors and convince them that bitcoin price will rise so high in the future.

the rise in the price of bitcoin is starting to cheer up all investors. many regret this time those who always say the price of bitcoin will again dump and will fall to the price of $ 30,000. but the fact is now the price has penetrated $ 45,000. I myself am very happy with the increase in the price of bitcoin now, because there are many advantages that are obtained with current market conditions.

[sana54210]

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.

[huu78]

The bull market is not over until the end of the year, I believe the 4 year cycle of btc is still valid until next december. If only btc was not hit by fud from elon and china maybe today we see btc is at $60k.

[InvoKing]

The bull market is not over until the end of the year, I believe the 4 year cycle of btc is still valid until next december. If only btc was not hit by fud from elon and china maybe today we see btc is at $60k.

Maybe big companies are willing to join the race at a lower price that is why the price dropped lately? China is pushing its digital money that is why it is attacking bitcoin.

[aoluain]

The bull market is not over until the end of the year, I believe the 4 year cycle of btc is still valid until next december. If only btc was not hit by fud from elon and china maybe today we see btc is at $60k.

The Bull market could very well continue on after the end of this year, there is a
theory we are going into a "Supercycle" or we are currently in that cycle, this is according
to Dan Held who described it in late 2020/early 2021.

This article on the Medium site from February is the most bullish article I have
read in a long time. OK its from earlier in the year when Bitcoin was on a roll
but the reasons are still the same now as they were then.

https://medium.com/the-capital/are-we-in-a-bitcoin-supercycle-941f664852e4

Will bitcoin see a pullback this time?

The uniqueness of this market cycle cannot be ignored.
There’s zero guarantee that bitcoin sees a volatile, yet parabolic rise to $1 million and beyond.

But, it’s difficult to see bitcoin pulling back in ways that it has in the past. This is largely due to a mainstreaming of bitcoin as a store of value.

The 2017–2018 cycle was marred by the fallout of the ICO craze. This was its own unique stress test that took nearly up until the recent cycle to recover from.

[Yaunfitda]

^^ Actually we have this super fast rally late last year.

And we all know that we have this 4 year cycle, and since bitcoin is still fairly young, we hold this theory. But as we grow, this 4 year cycle might be replace by this so called "super cycle", maybe we can see 2 super cycles or just one super cycles, in my opinion.

[Kusman]

I'm looking really positive to the market now. This huge increase helped us the investors a lot. I'm content about my investments now. And I like that Bitcoin affects the other cryptocurrencies in the same way when it increases. Nearly every kind of investors are making a really nice amount of money now. And I expect the price to go over $50k in a short time period.

[Hippocrypto]

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 on my own visionary right now was doing great and I couldn't say a negative outlook while it kept on having positive uptrend. Despite of little glitches of price fluctuations, volatility minimized after $45k had been surpassed lately. Let's embrace the reality, that all possible things happens with a purpose and everyday is a great surprise.

[rincoeng1986]

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 on my own visionary right now was doing great and I couldn't say a negative outlook while it kept on having positive uptrend. Despite of little glitches of price fluctuations, volatility minimized after $45k had been surpassed lately. Let's embrace the reality, that all possible things happens with a purpose and everyday is a great surprise.

whether to be surprised at the growth now, I don't think it is necessary. some analysis has been conveyed maybe in the next few weeks bitcoin will break 45k and the fact is now it has been raised at 45k. I think a precise estimate and the analysis is not too ambiguous.
they say btc will hit 50k in the near future, i assume the same.

[ipanks]

Many of us are happy to see bitcoin move today because the price can back to $46k. After the price dropped to $43k a few days ago, the price can now have more support and increased. Hopefully, the market will get more time to grow and back to $50k because sooner or later, the price will be back to the last ATH and will make a second ATH this year. But to go to that new ATH, bitcoin needs to attract more investors and convince them that bitcoin price will rise so high in the future.

the rise in the price of bitcoin is starting to cheer up all investors. many regret this time those who always say the price of bitcoin will again dump and will fall to the price of $ 30,000. but the fact is now the price has penetrated $ 45,000. I myself am very happy with the increase in the price of bitcoin now, because there are many advantages that are obtained with current market conditions.

Not just cheer up all investors but that makes many of them become greedy and wanting to take bigger profit. If they can calculate how much their profit is, they will know when they need to sell their bitcoin and what price they should place an order to sell. Otherwise, they will only hold it without knowing when they need to sell their bitcoin. It is okay if they decide not to sell below $100k and still hold for the long term.

[rodskee]

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

^^ Actually we have this super fast rally late last year.

And we all know that we have this 4 year cycle, and since bitcoin is still fairly young, we hold this theory. But as we grow, this 4 year cycle might be replace by this so called "super cycle", maybe we can see 2 super cycles or just one super cycles, in my opinion.

Yes , but whatever cycle it may be , hoping that another ATH will come as i am waiting for my profit to be on hand.

[STT]

Its very positive action at the moment, above 12hr and 2 day moving average and staying above those measures despite tests.  12hr is just a trading measure yet its stayed above for a while now and sooner or later the price must rest some, the true test is within the slight sells that occur and we can judge how strong the move is by that I think.
   

Larger picture I would guess its relative to the 200 day average and we are right on that also hence we are within some slight hesitant action is my take.  Any big price in my consideration has a magnetism to it that can attract and repel us and thats still smaller then the larger picture but has influence in trading terms.  It might be enough that traders sell off some, take profits and we realize some lower price, to me thats a normal process that comes within each wave on a chart.