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Author Topic: Bitcoin is not getting above $41,000  (Read 400 times)
Tellek Garing (OP)
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August 06, 2021, 08:02:30 AM
 #1

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.
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August 06, 2021, 08:17:56 AM
 #2

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 seem to be stressed. And for no reason, unless you invested money you don't afford to lose.
Bitcoin price went (shortly) to over 42600$ yesterday. Take a deep breath and give it more time. It will rise, eventually.
Imho it will easily go over 50k and over the current ATH. Of course, it will probably not be a smooth ride, but all the signs tell that the current bull run is not over.


PS. Keep in mind that this is speculation and not an investment advice. You have to decide for yourself what you do with your money.

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August 06, 2021, 09:03:37 AM
 #3

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,
A typical investor. Only thinking of the positive side of it and not the negative side to the point that they will be disappointed with what is happening with the market. Don't expect too much with the market. See what happened to you Cheesy.

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.
Tomorrow
The day after
or the week after
Maybe a month after
Worst it will never again Tongue

Stay out of your computer for a moment, do something and forget Bitcoin for a bit. You seem to lose significant amount of money already to the point that you're very disappointed into what is happening Smiley.

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August 06, 2021, 09:57:00 AM
 #4

Oops, this is a disaster, you panic, calm yourself for a moment, for that, don't look at the market all the time, you will panic even more.

Try to go out and breathe fresh air for a moment, you re-open your trading market in the next 15-24 hours, you see further developments or allow at least a week to see price changes.

Now the position of Bitcoin is still (green) the opportunity is still there to occupy the $50,000/Btc level, calm down, don't make a mistake, Patience, the key to everything, the more you panic, the more you lose.

Take a deep breath while saying 'sure' sure' sure, Bitcoin can break through to the level: $ 50,000.

R


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August 06, 2021, 10:18:43 AM
 #5

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.

What is happening? Well, that's what a highly volatile asset can do. The people in crypto space isn't always in a buy mode, some were also selling, especially the short traders and so as you can see Btc's price sometimes struggle to bounce back because people were selling when Btc is close to touching the strong resistance level.
Now, If you can't handle the stress you'd better look for a less volatile asset that's obviously not cryptocurrency.

You're not gonna lose any If you're not selling at a lower price because you panicked.
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August 06, 2021, 10:37:52 AM
 #6

Obviously most of us here are bullish on bitcoin, but we're bullish in the long-term. We mostly don't care about the short term price fluctuations because times when prices are lower are times for us to stack more.

And yea, I don't want to make assumptions, but with the tone of your words it seems like you're overly invested in bitcoin's short-term price increase.

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August 06, 2021, 10:56:40 AM
 #7

The fact of the Bitcoin price reaching a certain level (41K USD) doesn't necessarily mean that the Bitcoin price will reach another level (50K USD). I don't know on what facts do you base your theory about the Bitcoin price reaching 50K USD anytime soon?Isn't this just wishful thinking?
I don't see any major bullish news.I don't see big corporations and crypto whales buying lots of BTC.
The market is going up slowly,but it might go down in a matter of minutes.
Many traders are going to sell at a price above 40K US dollars,so the selling pressure won't allow the price to hit 50K soon,unless there's a very strong bullish signal,which will create FOMO.

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August 06, 2021, 12:27:23 PM
 #8

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.

Why the hurry to $41k though? as I checked the price is already $40,9++ so that's just as close as we can get to $41k, and maybe in the next 4 hours, we will achieved that.

$50k? it will be a hard grind for us, so I will suggest that you just stay relax and don't stress yourself out, Lol. This is how the market price moves, we really don't know what's going to happen next so the best thing to do is wait.
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August 06, 2021, 12:31:03 PM
 #9

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.

It seems that you don't have any idea about resistance level. Perhaps $41k is a big barrier in front of us that's why it's hard to breach it. And if ever we reach $41k, it doesn't mean $50k will be next. We need the price to sustain its run. And looking at the price movement, there is not enough push, so it might take some days, some weeks or months before we can get to $50k.

.
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August 06, 2021, 12:40:52 PM
 #10

This is a bunch of bogus.

Sure, it might not go above $41k presently due to the timing of the halving cycles, but it will be a matter of time given that institutional investment has been extremely strong, and market sentiment will pick up stronger than ever during the next halving in 2024.

Heck, we should be looking at a 6 figure bitcoin instead of $41k. Look into the long term instead of having a myopic view.
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August 06, 2021, 12:50:03 PM
 #11

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.

Why so hurry, we should be contented that Bitcoin finally reached the $40k level a few weeks ago it almost went down to the $30k level, problem with investors like you is you want to make a quick profit if you are comfortable in what you invest, then you should not invest at all the market is very volatile and unpredictable, for a member with a rank like yours you should know better, it's better to dump your coin than feel depressed.

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August 06, 2021, 01:03:41 PM
 #12

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.

Did you bought bitcoin at the top? since if yes maybe you shouldn't check the price every minute since it will just stress you out for seeing how the market moves today, instead maybe try to grab some another fund and use it whatever investment you are on. And the one you see right now is normal and there is no always happy time(pumping all the time) in the market there are downfall so you need to learn about how to take advantage on that market scenario to earn.

R


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August 06, 2021, 01:31:05 PM
 #13

Whoa, calm down for a while. It is not easy to lift the price and break $41,000 but it will increase to that price. I am sure the price will rise to $50,000 and back to $64,000 but we need to be patient. It is better to enjoy the price movement while we can also have a chance to buy low and sell high because bitcoin price will be like that. It is no problem if somehow the price is down to $39,000 because that will be a good time for us to buy back more bitcoin and the price will be back to $40,000.



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August 06, 2021, 01:47:52 PM
 #14

Whoa, calm down for a while. It is not easy to lift the price and break $41,000 but it will increase to that price. I am sure the price will rise to $50,000 and back to $64,000 but we need to be patient. It is better to enjoy the price movement while we can also have a chance to buy low and sell high because bitcoin price will be like that. It is no problem if somehow the price is down to $39,000 because that will be a good time for us to buy back more bitcoin and the price will be back to $40,000.
The funny thing here is that OP has just seen the price movement for only about two or three days and OP has been ranting over it that it's moving slow. Dude, you waited for the price to move from 29k to 40k and I didn't see you OP creating a thread about this. What's special now or are you just so impatient?

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August 06, 2021, 02:28:30 PM
 #15

Yeah it seems for the time being Bitcoin is being stopped at the top of the resistance zone that has held it in the bottom of the market since the May crash. Though it keeps bottoming in the high $30,000s now and keeps pushing back up to $41k even on bad news so I have confidence a break through the final levels of that resistance is coming soon and we'll see $45k bitcoin this month.
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August 06, 2021, 02:32:51 PM
 #16

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.

It's not the market it's only you, you are being impatient the market is moving just find we should all be thankful that finally after so many months the price is on the $40k level again it almost drops to $30k, I have this feeling that you bought at the price higher than $40k and you want to regain your investment and make a profit, it cannot be done overnight.
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August 06, 2021, 03:01:39 PM
 #17

Your expression is looking like some person invested with lots of money and expecting a rapid return within a week. Maybe you were advised that bitcoin has started bullish run as it started increasing the past two weeks. This is desperation on your part, market don't always obey your assumption, you may wait for more time if you still have the time because you don't sound patient. If you exit your hodling by selling off at lose, maybe you can regret soon when the bull will return in full.
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August 06, 2021, 03:10:22 PM
 #18

Don't make too many assumptions this will be unsettling for you when the price drops to $39k again, so stay calm and enjoy the flow of bitcoin's current movement if you believe that a $50k increase in the near future will definitely happen but you should know when you are more confident. restless then it will make you more stressed seeing bitcoin grow it has then it's more than daily trading that determines the price at this time, bitcoin is not like that man.

Just hold on and see by the end of this month if there are better prospects then you will be a little more relieved because the real bulls are already there so stay focused on your current hold on bitcoin.

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August 06, 2021, 04:25:07 PM
 #19

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.
The main thing that make price go up is increased demand. I don't know exactly what caused it to go up, but isn't that a common thing with bitcoin?
Bitcoin has gone up to $64K before, so it's only natural that now people want to test to reach that price again or even more than $64K. Bitcoin doesn't need to wait for anyone's approval to go up or down and the most anticipated thing this year is ATH being recorded at $100K.

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August 06, 2021, 05:16:26 PM
 #20

It touched $43. Must be slowly touching $45 in three to four days. After recent confirmation from Elon on accepting Bitcoin, the price slowly started picking up as many investors have just come up to purchase more bitcoin and other cyrpto currencies. I would say, still many are watching the market to either jump in or hold back. But the current move would certainly encourage and draw many into investment.

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