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Author Topic: Bitcoin is not getting above $41,000  (Read 390 times)
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August 07, 2021, 12:07:32 PM
 #41

What is happening, bitcoin is not getting beyond $41,000, I am think the price will get to $50,000 but my mind is double now, the price increase again to $41,000 yesterday but not going beyond, what is happening, when will the price increase to $50,000. The other mind I get now is if the price of bitcoin will decrease low $40,000 because it has been within $39,000 and $41,000 now.

You should be happy now, Bitcoin's price is flying now, you are so impatient to question why Bitcoin is not moving beyond $41k everything is not that fast you don't invest on Monday and expect to make a profit the next day, that's not how the market moves, and it's a very volatile market, we cannot expect and precisely predict how the market moves.

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August 07, 2021, 01:50:52 PM
 #42

What is happening, bitcoin is not getting beyond $41,000, I am think the price will get to $50,000 but my mind is double now, the price increase again to $41,000 yesterday but not going beyond, what is happening, when will the price increase to $50,000. The other mind I get now is if the price of bitcoin will decrease low $40,000 because it has been within $39,000 and $41,000 now.

You should be happy now, Bitcoin's price is flying now, you are so impatient to question why Bitcoin is not moving beyond $41k everything is not that fast you don't invest on Monday and expect to make a profit the next day, that's not how the market moves, and it's a very volatile market, we cannot expect and precisely predict how the market moves.

Bullish prediction won, indeed bitcoin reach over $40k after struggling for many weeks and dump below $30k, it might be a start of a new bull run, so we should prepare for this, and also, always remember the opposite site so we will be able to minimize the risk.

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August 07, 2021, 02:02:56 PM
 #43

bitcoin can't break $40,000 ! is it possible ? Don't stress too much about the price and don't get too carried away with the wrong tide. now bitcoin has penetrated $ 43,000 that means bitcoin can penetrate back $ 60,000 just a matter of time bro.
I suggest that you don't often look at the chart if you have a mental panic, because price fluctuations are normal, bro.
When feeling depressed with past market conditions, mental panic conditions cannot predict a positive current market, we must rely on ourselves to predict the market because the market is unpredictable even though the OP said it will decline below $41k again.

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August 07, 2021, 02:03:17 PM
 #44

bitcoin can't break $40,000 ! is it possible ? Don't stress too much about the price and don't get too carried away with the wrong tide. now bitcoin has penetrated $ 43,000 that means bitcoin can penetrate back $ 60,000 just a matter of time bro.
I suggest that you don't often look at the chart if you have a mental panic, because price fluctuations are normal, bro.
It seems to me that bitcoin has already broken above 41k already so no time to panic anymore, OP if you are already shaky when the prices don't move for a day, you better get out of the market or at least evaluate your risk tolerance, patience and your greediness because you are looking stupid and greedy because you're looking for something to happen in such a short time.

We can choose to listen to positivity or negativity, the positivity surrounding Bitcoin
for 2021 is that it is generally bullish, everyone on the forum has surely heard that
the forecast for this year is well above $41k and in just over 24hrs from the OP
Bitcoin just touched $44k

We really do need to look long term that takes patience, sometimes it is less stressful
to just zoom out and not focus on the daily movements.

R


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August 07, 2021, 04:18:27 PM
 #45

When feeling depressed with past market conditions, mental panic conditions cannot predict a positive current market, we must rely on ourselves to predict the market because the market is unpredictable even though the OP said it will decline below $41k again.
If you don't trade, you don't have to worry how the current market moves because it's a short-term thing that you don't have to worry about plus it's not like you will be able to do something about it when it happens. Prediction doesn't have to be that inaccurate, just have a good analysis of the market and you will be able to somewhat make a closer to the truth prediction.

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August 08, 2021, 04:37:56 AM
 #46

I am really getting irritated with some of the noobs. I am someone who have patiently waited for more than 7 years, to see Bitcoin at this level. When I first invested in Bitcoin (2014), the exchange rate was $600 per coin. And the next year, it went down to $200 per coin. And this was the first major correction for Bitcoin, and perhaps the one that lasted the most (2 years). I still kept most of my coins and refrained from panic selling. And here we have people who complain that the prices are remaining at low levels for just two days.

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August 08, 2021, 06:22:35 AM
 #47

bitcoin can't break $40,000 ! is it possible ? Don't stress too much about the price and don't get too carried away with the wrong tide. now bitcoin has penetrated $ 43,000 that means bitcoin can penetrate back $ 60,000 just a matter of time bro.
I suggest that you don't often look at the chart if you have a mental panic, because price fluctuations are normal, bro.
When feeling depressed with past market conditions, mental panic conditions cannot predict a positive current market, we must rely on ourselves to predict the market because the market is unpredictable even though the OP said it will decline below $41k again.

Anyone who has ever felt a loss will find it difficult to forget the bad memory, it takes a long time to recover, this is what makes us ready to lose when investing in bitcoin, so if the price drops then we are ready.
But they need to rise after that loss because they will still have a chance to profit.
Maybe they need to learn more in trading to know when the right time to enter the market.
From those losses, they will get ahead of the other traders if they can learn from the mistake.
And at this moment, their opportunity to make a profit and recover the losses is back and hopefully, they do not give up.
The drop price of bitcoin will not last forever because the rise of bitcoin will come after that.
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August 08, 2021, 08:48:59 AM
 #48

I am really getting irritated with some of the noobs. I am someone who have patiently waited for more than 7 years, to see Bitcoin at this level. When I first invested in Bitcoin (2014), the exchange rate was $600 per coin. And the next year, it went down to $200 per coin. And this was the first major correction for Bitcoin, and perhaps the one that lasted the most (2 years). I still kept most of my coins and refrained from panic selling. And here we have people who complain that the prices are remaining at low levels for just two days.

LOL. I thing exactly the same. And I imagine that, just as the OP opened a post complaining that the price didn't go over $41K, if we go back in history we will see people complaining that it didn't go over $41, $410 etc. You have to look back and take a long term view. The current prices will seem like a bargain next cycle.

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August 08, 2021, 10:14:37 AM
 #49

Bitcoin is on the move to cross the next price barrier of $45000. Now this has been moving above $44000, which means we can see good increase over the falling week. There were more speculations that Bitcoin won't reach new ATH this year, but the scenario here seems to be different. If the progress of the market continue in such a way we can expect new ATH within this year, though there are more price corrections to take place.

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