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Author Topic: BTC has crossed $43k what's next?  (Read 587 times)
gabbie2010
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January 13, 2022, 11:36:00 PM
 #41

It's still too early to predict the price of bitcoin which is currently only slightly rising from 40k to 43k which I think will go down again because the correction is still continuing, and to reach 50k it looks like it will still take a long time.
but if the decline does not return to 40K there is a possibility that a slow increase will lead to 50K, and only time and patience we have to prepare next because at this time it is difficult to predict bitcoin price movements and only Hold or take advantage of the decline that occurs to make gradual purchases because 100K has not been reached and will definitely happen.
It seem the support at $42K will hold the price after a minor pullback, the bullish pressure wouldn't allow the price to decline to $40K, presently the price is touching the support, if the price bounce off the resistance turned support successfully that means the bulls had taken over the market invariably the bullish trend will continue probably till the $47K the next strong resistance, for now price reaching $50K target will take some time before it can be achieved, the best bet is to continue to buy at every dip.

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January 13, 2022, 11:57:20 PM
 #42

I think we all need to chill a little bit about of the current trend of the market since it makes people do wary and uncomfortable at the same no matter where the market price go. Let the market do what its usual movement do then hodl and wait, there's always a right time for buying and selling. Staying up late night just to predict or see the price movement doesn't help you to make profit at all. Well, staying up late doesn't but predicting price maybe.

If you are aiming for a long-term investment it's better to wait for your turn and stop wasting time when the price is in dip yet. Just read more about the trend and you will know when there's a pump.

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January 14, 2022, 03:20:34 AM
 #43

I think we all need to chill a little bit about of the current trend of the market since it makes people do wary and uncomfortable at the same no matter where the market price go. Let the market do what its usual movement do then hodl and wait, there's always a right time for buying and selling. Staying up late night just to predict or see the price movement doesn't help you to make profit at all. Well, staying up late doesn't but predicting price maybe.

Right, let the market do it's natural thing, otherwise we might disrupt it's natural flow with every spike in prices. So just like what we have seen, it went to $44k, but now goes back down to $42k.

There is no upward momentum.

If you are aiming for a long-term investment it's better to wait for your turn and stop wasting time when the price is in dip yet. Just read more about the trend and you will know when there's a pump.

I guess there are investors that are very excited to see a pump in the price because lately we have seen worst, and others think that we are already in a bear market. But if we see signs like this, we might have a second thoughts and be optimistic that a second round of bullish phase will happen this year.

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January 14, 2022, 08:25:36 AM
 #44

I think we all need to chill a little bit about of the current trend of the market since it makes people do wary and uncomfortable at the same no matter where the market price go. Let the market do what its usual movement do then hodl and wait, there's always a right time for buying and selling. Staying up late night just to predict or see the price movement doesn't help you to make profit at all. Well, staying up late doesn't but predicting price maybe.

Right, let the market do it's natural thing, otherwise we might disrupt it's natural flow with every spike in prices. So just like what we have seen, it went to $44k, but now goes back down to $42k.

There is no upward momentum.

If you are aiming for a long-term investment it's better to wait for your turn and stop wasting time when the price is in dip yet. Just read more about the trend and you will know when there's a pump.

I guess there are investors that are very excited to see a pump in the price because lately we have seen worst, and others think that we are already in a bear market. But if we see signs like this, we might have a second thoughts and be optimistic that a second round of bullish phase will happen this year.
I think the reason behind that some investors are very eager for another bull run is that they only have limited funds at the moment and so they can't make a big purchase in this time of correction. While others are filling their bags with potential coins, some are only hodling their old coins and just waiting patiently for the perfect time to sell. And if by chance bitcoin will make another price increase again, lucky are those who have bought from the dip since they will surely be in profits by that time.
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January 14, 2022, 08:51:27 AM
 #45

BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time? IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?
But again struggled to reach back to 43k? down to 42k for 2 days now and I'm afraid this is a good sign at all because the market still showing weakness and no shows of increasing completely .
All investors want to sustain this progress. Everyone is looking at BTC and waiting for the bull run to start again. The market is doing well but the fears have not gone away. We all have to wait a little longer. This terrible moment probably end very soon. If BTC price cross 48-50K, you will understand that it has gone to the mature market position.
Not all investors mate , because I am looking for bellowing , I mean i wanted the price to drop more and get to the lowest in can be before i enter investing for readying in the coming bull year after.

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January 14, 2022, 08:53:50 AM
 #46

We don't know yet or better yet, we aren't sure where this is going to go because that could translate either way. We just have to be prepared for what's going to happen next. I don't have a lot of money so I only prepare for when the prices are going to go down so that I can buy more bitcoin when it actually goes down, good thing that I have a decent amount in my wallet so I don't have to worry too much if it goes up and I don't buy right now. Just don't be greedy and take the profit.



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January 14, 2022, 09:01:22 AM
 #47

There will be a series of up and down when it hits the resistance which the old support during the downtrend. We can see a slow phase growth until we reach 50k to 60K level then increase price rapidly towards new all time high. This is only possible if the price will not be heavily rejected on 50k to 60k price level. Another Dow trend might result to 30k or lower price.

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January 14, 2022, 09:21:30 AM
 #48

What is next? Just hold and wait. Or trade if you know how to do it to increase your deposit. Sell if you are in urgent need of money. There is no right or wrong decision. Every decision has its pros, cons and consequences. The fact that Bitcoin has crossed $43k does not mean anything, as we have seen it touching $50k and $40k during one month. Did Kazakhstan has their internet back? Did they turn on their mining back? Expect a slight growth soon, but nothing extra ordinary.

R


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January 14, 2022, 11:22:39 AM
 #49

BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time? IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?
I  stopped assuming about the bitcoin future now because i completely accept my chance that it would be great if i will stick to Long term.
so meaning i case nothing about the price of bitcoin now for the next 2-3 years more .

this will also lead me to not having any conflict in thinking because of the price movement like what we are having now .
so Maybe in the next few years i may bring answers here but for now? i will pass for a while .

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January 14, 2022, 06:00:04 PM
 #50

What is next? Just hold and wait. Or trade if you know how to do it to increase your deposit. Sell if you are in urgent need of money. There is no right or wrong decision. Every decision has its pros, cons and consequences. The fact that Bitcoin has crossed $43k does not mean anything, as we have seen it touching $50k and $40k during one month. Did Kazakhstan has their internet back? Did they turn on their mining back? Expect a slight growth soon, but nothing extra ordinary.
Your opinion might be more appropriate if you have stated these in 2021 when bitcoin was in full-swing bullish mode. Now, people are finger crossed about the direction of bitcoin market and they just need some idea about the short term trend which is the reason people are too curious about continuation of the recent recovery after testing low around $40k levels.

I agree we can buy or sell now or anytime if we needed to do so. Yeah, we need to believe into bitcoin and we need to keep most of our saving in bitcoin like if we need money then there will be no point of hesitating to sell bitcoin and must have to buy bitcoins regularly regardless of where bitcoin is trading. This way we can beat the inflation and can secure our future financially.

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January 14, 2022, 06:34:20 PM
 #51

I  stopped assuming about the bitcoin future now because i completely accept my chance that it would be great if i will stick to Long term.
so meaning i case nothing about the price of bitcoin now for the next 2-3 years more .

this will also lead me to not having any conflict in thinking because of the price movement like what we are having now .
so Maybe in the next few years i may bring answers here but for now? i will pass for a while .
That has been my go to understanding for a long time now, been a few years. I used to try to predict which coin will go up and which coin will go down and when to get in the market and when to get out etc etc all those trader stuff.

For the past few years I just gave up on all of that and focused on just making as much profit as I can by working hard and using that to buying crypto and holding it for as long as I possibly can. It is not easy, it is taking a long time, but I have been doing it at the very least and that is all I care about. If I can keep doing this for a decade or two, I am going to retire as a very rich person and that is very important.

I love my job, but we do not know what is going to happen, maybe one day I won't be able to do my job? Maybe I will get sick and can't work? I do not want to be poor and unemployed and homeless, so I need to keep investing more and more, and that is how I will be able to retire wealthy.

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January 14, 2022, 07:42:21 PM
 #52

What is next? Just hold and wait. Or trade if you know how to do it to increase your deposit. Sell if you are in urgent need of money. There is no right or wrong decision. Every decision has its pros, cons and consequences. The fact that Bitcoin has crossed $43k does not mean anything, as we have seen it touching $50k and $40k during one month. Did Kazakhstan has their internet back? Did they turn on their mining back? Expect a slight growth soon, but nothing extra ordinary.
Whether the power issues in Kazakhstan have got solved or not, but the hash rate have come closer to the previous ATH. This means mining has gained momentum, but that doesn't mean price will reach great high. As far the present scenario prevailing around the cryptocurrency market as well as the world market there is more chance of stabilized and slow move than immediate rise.

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January 15, 2022, 09:56:37 AM
 #53

I think we all need to chill a little bit about of the current trend of the market since it makes people do wary and uncomfortable at the same no matter where the market price go. Let the market do what its usual movement do then hodl and wait, there's always a right time for buying and selling. Staying up late night just to predict or see the price movement doesn't help you to make profit at all. Well, staying up late doesn't but predicting price maybe.

Right, let the market do it's natural thing, otherwise we might disrupt it's natural flow with every spike in prices. So just like what we have seen, it went to $44k, but now goes back down to $42k.

There is no upward momentum.

If you are aiming for a long-term investment it's better to wait for your turn and stop wasting time when the price is in dip yet. Just read more about the trend and you will know when there's a pump.

I guess there are investors that are very excited to see a pump in the price because lately we have seen worst, and others think that we are already in a bear market. But if we see signs like this, we might have a second thoughts and be optimistic that a second round of bullish phase will happen this year.
I think the reason behind that some investors are very eager for another bull run is that they only have limited funds at the moment and so they can't make a big purchase in this time of correction. While others are filling their bags with potential coins, some are only hodling their old coins and just waiting patiently for the perfect time to sell. And if by chance bitcoin will make another price increase again, lucky are those who have bought from the dip since they will surely be in profits by that time.

That's possible, but I think majority is still holding funds ready to invest in crypto to take advantage of the situation, (the price is very cheap). So timing is everything here, so they wait for the price to go down below $40k but it's not going to happen for now. But still a win-win for us, I mean just keep buying at dip and holding. If your goal is short term maybe 3-6 months will do. But if you are hear for the long term then you know what you need to do and have a lot of patience.

R


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January 15, 2022, 10:10:46 AM
 #54

BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time? IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?
I see the potential for bitcoin in the future to get better, even though at this time the correction has not fully recovered, the process of bitcoin's journey in 2021 is quite surprising, where bitcoin reached a new ATH twice, then after that bitcoin corrected until now, but if you pay attention this year, then The same scenario pattern will be repeated again, where in the middle of this year bitcoin will again find a new ATH which is much bigger in 2021, if this scheme works, then the opportunity to get profit is big enough for all of us.

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January 16, 2022, 05:24:06 AM
 #55

BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time? IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?
I see the potential for bitcoin in the future to get better, even though at this time the correction has not fully recovered, the process of bitcoin's journey in 2021 is quite surprising, where bitcoin reached a new ATH twice, then after that bitcoin corrected until now, but if you pay attention this year, then The same scenario pattern will be repeated again, where in the middle of this year bitcoin will again find a new ATH which is much bigger in 2021, if this scheme works, then the opportunity to get profit is big enough for all of us.
Bitcoin potential is around the clock , each moment is a chance to increase  but of course we can expect more dumping this year because of the situation , looking at the market now? maybe this whole year will make us sudden delay in increase because the way prices moving now specially bitcoin is really cant tell that there will be a growth coming soon.
and besides crossing 43k is not a credible increase because look at it now? continue to maintain that lowering so yes there might be another fall coming









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January 16, 2022, 06:51:48 AM
 #56

Bitcoin potential is around the clock , each moment is a chance to increase  but of course we can expect more dumping this year because of the situation , looking at the market now? maybe this whole year will make us sudden delay in increase because the way prices moving now specially bitcoin is really cant tell that there will be a growth coming soon.
But by considering the growth we got last year, it is expected to have another wave of bull run this year as well. This is just a speculation based on the adoption level and media hype around the world. Still, market may surprise all of us in any ways hence acting cautious is the only next thing we need to do right ow.

besides crossing 43k is not a credible increase because look at it now? continue to maintain that lowering so yes there might be another fall coming
As of now, bitcoin market is able to sustain around $43k levels which could be interpreted as bullish signal but failing to break the resistance around $45k levels then will gain launch market into lower circuit again.

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January 16, 2022, 09:45:53 AM
 #57

Bitcoin potential is around the clock , each moment is a chance to increase  but of course we can expect more dumping this year because of the situation , looking at the market now? maybe this whole year will make us sudden delay in increase because the way prices moving now specially bitcoin is really cant tell that there will be a growth coming soon.
But by considering the growth we got last year, it is expected to have another wave of bull run this year as well. This is just a speculation based on the adoption level and media hype around the world. Still, market may surprise all of us in any ways hence acting cautious is the only next thing we need to do right ow.
If the support for bitcoin is still big like the last year, we may see another bull run happening again this year so we can go back to make a profit. But if that is not happening, I guess we will have another time to accumulate more bitcoin because the price has not increased so high and we can be ready if the price increases later. But the market can get the dump to the low price as the bitcoin market is unpredictable and hard to predict what will happen later.

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January 16, 2022, 03:36:44 PM
 #58

Bitcoin is still within the range of $43 thousand, it could be stagnant, (I'd have liked it if it could come a little more lower, so I can fill some) Hopefully, we will see good news from the market, but we cannot tell when it will happen. Observations, we expecting something high from the market, we should also be aware that the down trend is also possible to take place at anytime. If we will see more investors coming into the community like last year, then, we should be expecting the higher price markes. This can be a chance to have some bitcoins filled in the little fractions we can, the price could go lower, but the price will always increase, as it is the nature of Bitcoin.
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January 16, 2022, 03:44:43 PM
 #59

Bitcoin is still within the range of $43 thousand, it could be stagnant,....
I think I already saw this kind of picture in the past, when it's stagnant, the movement will likely be bearish, so even though the price is cheap now, I would not buy it if I expect it will rise in a short period of time. When the market is bearish it's hard to expect that bitcoin will pump, because if it will, it would still  go down.

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January 16, 2022, 03:50:09 PM
 #60

Bitcoin is still within the range of $43 thousand, it could be stagnant, (I'd have liked it if it could come a little more lower, so I can fill some) Hopefully, we will see good news from the market, but we cannot tell when it will happen. Observations, we expecting something high from the market, we should also be aware that the down trend is also possible to take place at anytime. If we will see more investors coming into the community like last year, then, we should be expecting the higher price markes. This can be a chance to have some bitcoins filled in the little fractions we can, the price could go lower, but the price will always increase, as it is the nature of Bitcoin.

Stagnant? What does that even mean? Btc's price flow are always very volatile, Btc price has never become stagnant.
The nature of Bitcoin is high volatility, and that's caused by the institutional, retail, and whales. Eventually, more and more investors will come in on the next coming years.
If you're referring the cause of this dip as a lack if investors, then I'm afraid you're wrong. Investors are still intact, infact that's what makes Btc had a strong resistance level because these investors are buying at the bottom range or $40,000.

R


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