Bitcoin in Rocket 🚀 mood.

[Wiwo]

The Bitcoin market witnessed an intermittent price rocket movement in the early hours of today as Bitcoin price was standing at $37k at the early hours of Friday but jumped to $40,300 towards the late hours of today this is a movement that surpassed our expectations.

Source of the chart: https://coinmarketcap.com/currencies/bitcoin/
With so much good news around Bitcoin from various countries around the world adopting Bitcoin after El Salvador made the first move Bitcoin is in another phase for mainstream operation.

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[kentrolla]

This is indeed great leap after a while but too early to comment on possible bitcoin rally unless it stays above $40k for a while because the last time I saw posts in this forum they were saying the same thing when bitcoin crossed $38k two days ago only to be dropped back to $36k.

But right bitcoin might gain some momentum as this pump has become mainstream and may pool in more investments from the users who will invest in FOMO due to the following news which indirectly predicts a further bullrun.

https://www.aljazeera.com/amp/economy/2022/2/4/bitcoin-jumps-10-climbs-past-40000-for-first-time-in-2-weeks

https://www.coindesk.com/markets/2022/02/04/bitcoin-tops-40k-for-first-time-in-2-weeks/?outputType=amp

https://news.bitcoin.com/technical-analysis-bitcoin-hits-40000-as-leo-leads-friday-rally/

[batang_bitcoin]

Do you think that this skyrocket has something to do with Facebook's(Meta) massive drop? It could be the whales from there that have taken their share moved some of their wealth into bitcoin. I'm only thinking that it's one of the reasons on what we're seeing right now and it's my just mere opinion about the recent pump. It's likely that it will eventually hit back $41k.

[Ararbermas]

I believe bitcoin is ready to go for another bull run. Because to be honest it's been how many day now that bitcoin really showing sign despite of the current situation wherein along with other alts in the market. and this time the percentage of it seems different. i mean there's a big improvement since the day it shows green. probably whales is keep accumulating at this moment and at the same time a sign that soon or later bitcoin will gonna skyrocketed.

[Questat]

I believe bitcoin is ready to go for another bull run. Because to be honest it's been how many day now that bitcoin really showing sign despite of the current situation wherein along with other alts in the market. and this time the percentage of it seems different. i mean there's a big improvement since the day it shows green. probably whales is keep accumulating at this moment .

Let's see if bitcoin will remain on the uptrend for at least a week, it's hard to decide only based on a 24 hours performance. I'm also surprised with what I'm seeing now, but knowing how volatile the market is, I can't be too confident that the bullish mode is already back.

[Accardo]

I think the increment of employees in American has helped the price of bitcoin. Recently, Biden made a tweet for uplifting the rate of employments in America and It's recorded as the highest rate of employment in One year in the history of America. The bitcoin market had to adapt to the recent change in the global economy and it's something that should stipulate the price of bitcoin.

Read Source

[Kelvinid]

I think the increment of employees in American has helped the price of bitcoin. Recently, Biden made a tweet for uplifting the rate of employments in America and It's recorded as the highest rate of employment in One year in the history of America. The bitcoin market had to adapt to the recent change in the global economy and it's something that should stipulate the price of bitcoin.

Read Source

Just maybe and it can possibly there is another reason behind this surprise spike. But honestly, I was happy to see this and got lucky that I bought some of BTC's yesterday.

Anyways, this is really what we wanted and we got it now. But of course, we can't just be confident enough to see this, that unless if the momentum keeps for at least a week. I don't want to make myself excited about the current situation, I just trying to calm down and watch the market move high continuously. I hope that it meant to be.

[dothebeats]

I don't really think that bitcoin is really in the verge of making a breakout move. It sits pretty well on the $40k range though there aren't any indications that it can go past beyond that. Volumes have been pretty good across all exchanges, but there haven't been any significant movements or any other significant buy volumes that popped up.

I'd wait for it to cross $45k where the first resistance levels are placed before I consider it a breakout.

[24Kt]

I think the increment of employees in American has helped the price of bitcoin. Recently, Biden made a tweet for uplifting the rate of employments in America and It's recorded as the highest rate of employment in One year in the history of America. The bitcoin market had to adapt to the recent change in the global economy and it's something that should stipulate the price of bitcoin.

Read Source

Just maybe and it can possibly there is another reason behind this surprise spike. But honestly, I was happy to see this and got lucky that I bought some of BTC's yesterday.

Anyways, this is really what we wanted and we got it now. But of course, we can't just be confident enough to see this, that unless if the momentum keeps for at least a week. I don't want to make myself excited about the current situation, I just trying to calm down and watch the market move high continuously. I hope that it meant to be.

I believe an institution bought big amount of btc though we may not know this yet. This will only disclosed after few months or so. With the sentiments going positive, people are now in good vibes again so if this will continue, 45k is very easy to achieve. We will see how the market will behave this weekend. For those who bought it around 33-34k, that's already a handsome profit that you can get if you will sell at the current market price.

[Oceat]

Finally, a good pump after a bloodbath weeks but I don't know what triggers this pump yet. I hope people don't panic too much from it again and they should just hodl if they aren't sure about their investment yet. They should have a price target before they consider to sell their Bitcoin. In times like this I think I am not the only one thinking that this is a trap or something but the pump is way too good though so I think there's a FOMO from institutional investors although we don't know yet who it was.

I think it's time for Bitcoin to make a move and stop the panic or break another ATH.

[Taskford]

Cannot be called a skyrocket yet since the added value is low only but still we can call it a good milestone achieve by bitcoin since eventhough fear has great factor rotating among traders today it still manage to pump up at that figures. Hopefully this is not a bull trap and this pump will continue so chill out for a while guys and let see what will happen next to it.

[Uang_kartal]

  Again and again pump with beautiful movements, currently at a price of $ 40755 in this 1 hour candle period, there are so many transactions between buying and selling but there will be a reversal, a breakout that is quite capable. I believe it will gradually and be fine. For sure this will come back for Ath his krjaya is even more. Let's see it together

 source chart



  Other than that news (bitcoin adopting countries) hopefully not affected by news of theft and laundering of other assets that are fundamentally affected, hopefully bitcoin's glory returns again
 Go $ 50.000 in this week in the past few weeks

[Peanutswar]

We now see that the bitcoin surpass the change of order and attempting again to see the price of the 45k USD again still we need to take more focus on the price because it does not respect it gives a long candle straight for sure this day will now need to focus to the unfilled orders but let's see what will happen if the new support beat. It's a good thing because there's hope again that we will reach the 100k another ATH let's wait for the price movement.

[Bitstar_coin]

We now see that the bitcoin surpass the change of order and attempting again to see the price of the 45k USD again still we need to take more focus on the price because it does not respect it gives a long candle straight for sure this day will now need to focus to the unfilled orders but let's see what will happen if the new support beat. It's a good thing because there's hope again that we will reach the 100k another ATH let's wait for the price movement.

There is always hope with btc only that people were too emotional about the news and make the wrong decision by selling, from 37k to 41k within 24hrs is showing us the strength of btc and it really call pull a surprise when you list expect,
Nothing can match btc performance, no similar assets can give such an amount in that time frame, btc will always come back from any fud or pressure, I think 2022 will be a great year.

[antmex]

After testing support and resistance it goes up 13%. https://de.tradingview.com/x/tSV1RQb4
So far so good but take attention that this is an bigger resistance now. Be careful

[pawanjain]

The Bitcoin market witnessed an intermittent price rocket movement in the early hours of today as Bitcoin price was standing at $37k at the early hours of Friday but jumped to $40,300 towards the late hours of today this is a movement that surpassed our expectations.

Source of the chart: https://coinmarketcap.com/currencies/bitcoin/
With so much good news around Bitcoin from various countries around the world adopting Bitcoin after El Salvador made the first move Bitcoin is in another phase for mainstream operation.

Which good news are you talking about ? I don't think that countries adopting bitcoin is the trigger for the current upwards price swing.
I think its the tech stocks that are seeing a current price dump which is triggering a price jump in bitcoin.
May be its having an inverse effect and people are shifting their money from tech stocks to cryptocurrencies.
Alsp, bitcoin was bound to increase in price and may be facebook plunge acted as a catalyst to serve this need.

[The Cryptovator]

Not rocket yet, I will say rocket once it move above $50K. The main reason I am assuming investors moving to Bitcoin and leaving some other stock investment. I have seen a couple of companies whose stock price has been dumped hard like Meta. So most probably that investors decide to invest in Bitcoin since the price of Bitcoin was lower. That's what I believe, however no matter the reason for the pump, we need it.

[Baofeng]

Not rocket yet, I will say rocket once it move above $50K. The main reason I am assuming investors moving to Bitcoin and leaving some other stock investment. I have seen a couple of companies whose stock price has been dumped hard like Meta. So most probably that investors decide to invest in Bitcoin since the price of Bitcoin was lower. That's what I believe, however no matter the reason for the pump, we need it.

Yes, that is the next big psychological barrier that we have to break again, $50k.

So I wouldn't say that we are in a rocket or going to the moon, it's too early, we've lost so much ground last December that we have to cover for that. At least going to $48k might be the logical target and then $50k. So we will see if this spike will continue, it might slow down a bit though this weekend. But at the start of the second week of this month will be the exciting part for us so let's see how it will pan out.

[Jawhead999]

Bitcoin is skyrocketing? Not yet.

The 10% price increase is normal due to 24 hours volatility, IMO until it above 25% can be said is skyrocketing. Sudden increase doesn't always need a good news behind it, similar like price decrease doesn't always have a bad news. Don't forget on 2018, before Bitcoin is crashes it's followed by small pump. I'm just hoping history isn't repeating this year.

[michellee]

I guess bitcoin is still in the recovery phase from the last dips and although the price looks down and up many times, it will increase at the right time. Maybe this time, bitcoin is getting stronger as the price can go back to $41k so the chance to see the price reach $45k will still be there and hopefully, that will happen this month. But bitcoin is still far away from achieving $69k as the gap is bigger and we do not know when it will reach that price, but it will reach more than that for the long term. This first week of this month brings a new hope to us to see the price increase in the next weeks, but we should still be careful because we may see many corrections coming after this.

[Reatim]

The Bitcoin market witnessed an intermittent price rocket movement in the early hours of today as Bitcoin price was standing at $37k at the early hours of Friday but jumped to $40,300 towards the late hours of today this is a movement that surpassed our expectations.

Source of the chart: https://coinmarketcap.com/currencies/bitcoin/
With so much good news around Bitcoin from various countries around the world adopting Bitcoin after El Salvador made the first move Bitcoin is in another phase for mainstream operation.

You cannot call rocketing a 5-7% increase mate, and now even that it is 10% increase for the last 24 hours does not enough to put this as rocket story , though I know this is a high performance after a whole month of dumping .
i don't want to be in bad character here but we must understand that any moment there will be another fall like what we always have since december last year.
but congratulations to those who Made a good earning investing when the price drops low and now recovered 10%.

[Xinarae*]

The market is rising a lot from the deep but it is difficult to say exactly it will pump because the market is not stable. But those who have invested in the downturn have made some gains the price of bitcoin is likely to rise sharply and it could enter the mainstream trading system. Top investors are investing in it bitcoin will show less volatility than other currencies to reach this price this cryptocurrency has a history of rapid price fluctuations.

[Poker Player]

Of the reasons I have seen for the increase in price, I am not convinced by any of them, maybe this is it:

I believe an institution bought big amount of btc though we may not know this yet. This will only disclosed after few months or so.

Anyway, I wouldn't call it skyrocket either, maybe if we had a few sessions like this, yes, but it is logical to express this after the boring market and the failed expectations we have been having lately. It is psychological:

... however no matter the reason for the pump, we need it.

Yes, we needed it.

[Ozero]

I don't really think that bitcoin is really in the verge of making a breakout move. It sits pretty well on the $40k range though there aren't any indications that it can go past beyond that. Volumes have been pretty good across all exchanges, but there haven't been any significant movements or any other significant buy volumes that popped up.

I'd wait for it to cross $45k where the first resistance levels are placed before I consider it a breakout.

In any case, it's nice to see how prices in the cryptocurrency market are going up quite quickly. Bitcoin has now risen in price to $41,633 and ethereum to $3,027 and it looks like the upward trend is continuing. Over the past day, the rise in the price of bitcoin is 11 percent, ethereum 12 percent. Other altcoins also show good price growth. It looks like we are going through a bearish period. Of course, I would like to see how growth will be at the same pace throughout the week. I hope that's how it goes.

[worle1bm]

I think we need to wait a little more to claim it in rocket mood as still the engine ignition is on but once it gained full momentum then you would see the rocket to the moon.The prices have grown to $41k at this time from $38k range which means we have ended the $30k barriers and now we are in 40's range which is positive sign for it's revival but still calm down and don't jump to conclusions until it finally shows some good signs above $45k.

[btc78]

This is another great movement mate for Bitcoin and ofcourse some altcoins , but calling this as rocket mood is over words.

Maybe some sort of Pumping but if this happens consistently in the next days or weeks? with same growing level then yes this may be called rocket mood.

But no matter how small or large the increase yet this is what the market needs now for the in going 1st quarter dump of 2022.

[cryptomaniac_xxx]

Do you think that this skyrocket has something to do with Facebook's(Meta) massive drop? It could be the whales from there that have taken their share moved some of their wealth into bitcoin. I'm only thinking that it's one of the reasons on what we're seeing right now and it's my just mere opinion about the recent pump. It's likely that it will eventually hit back $41k.

Stock market is down, and I'm under the impression that investors are shifting to bitcoin right now that's why the massive increase which is very unusual because it's weekends.

So I would say that we shouldn't be jumping for joy, we will have to see how this spike will go. This might be a bull trap for all we know.

[bounceback]

I believe bitcoin is ready to go for another bull run. Because to be honest it's been how many day now that bitcoin really showing sign despite of the current situation wherein along with other alts in the market. and this time the percentage of it seems different. i mean there's a big improvement since the day it shows green. probably whales is keep accumulating at this moment and at the same time a sign that soon or later bitcoin will gonna skyrocketed.

I also hope the same with you and it looks like today's rise is an early sign of the market entering a bull run because if we look at the chart of the current price movement, bitcoin has been able to break through the main resistance in the $40k area and currently bitcoin continues to struggle to continue experiencing further gains, so if bitcoin is able to hold on to that key resistance area for the next few days, this will certainly allow us to enter a bull run market.

[Tellek Garing]

The bitcoin market is on a whole new level as the price is now 41k which is a good sign of bull return Bitcoin have been on a red trend for the past couple of weeks now but with the latest price recovery 📈 relief has come to most Bitcoin holders.
All through 10% recovery is not that big but again it's better and a signal of what to expect from the market in the weeks ahead.

[darewaller]

Do you think that this skyrocket has something to do with Facebook's(Meta) massive drop? It could be the whales from there that have taken their share moved some of their wealth into bitcoin. I'm only thinking that it's one of the reasons on what we're seeing right now and it's my just mere opinion about the recent pump. It's likely that it will eventually hit back $41k.

Stock market is down, and I'm under the impression that investors are shifting to bitcoin right now that's why the massive increase which is very unusual because it's weekends.

So I would say that we shouldn't be jumping for joy, we will have to see how this spike will go. This might be a bull trap for all we know.

I think this is not the first time that happened but it happens before. When stocks market is down, bitcoin and crypto market will then rise. Maybe you are right with your impressions and maybe this how it works but if they are transferring here, does that mean that they will also sell at a loss?

They have no difference with the panic sellers that we have here in crypto that also sell at loss to transfer to the other investments that they think are safer at the moment just because their current investments are not doing well but we cannot prevent others if they will celebrate this unexpected pump that happen in bitcoin because they also have waited a little longer.

[Chato1977]

The Bitcoin market witnessed an intermittent price rocket movement in the early hours of today as Bitcoin price was standing at $37k at the early hours of Friday but jumped to $40,300 towards the late hours of today this is a movement that surpassed our expectations.

Source of the chart: https://coinmarketcap.com/currencies/bitcoin/
With so much good news around Bitcoin from various countries around the world adopting Bitcoin after El Salvador made the first move Bitcoin is in another phase for mainstream operation.

not enough to be a rocket mood but we are nearing that as we are heading to 242k anytime soon

https://coinmarketcap.com/currencies/bitcoin/

this means one thing , we will be on the top again this 2nd month of 1st quarter , unless this is another bull trap? hope its not .

The bitcoin market is on a whole new level as the price is now 41k which is a good sign of bull return Bitcoin have been on a red trend for the past couple of weeks now but with the latest price recovery 📈 relief has come to most Bitcoin holders.
All through 10% recovery is not that big but again it's better and a signal of what to expect from the market in the weeks ahead.

how can you call this as new level when we have been in this level many times last year  ?

[bitzizzix]

The recent 10% rise in bitcoin from previous lows which I don't think is a rocket move as it's still far from the previous ATH price and such moves happen frequently and vice versa, and currently bitcoin price is holding at 41k and if bitcoin price doesn't return to 38k- 39k I think there is a possibility of a slow move towards 45k and beyond.
It looks like the recovery process is going to slow down which makes bitcoin price difficult to predict and you have to be patient because bitcoin hikes are bound to happen and it's just a matter of time.

[batang_bitcoin]

Do you think that this skyrocket has something to do with Facebook's(Meta) massive drop? It could be the whales from there that have taken their share moved some of their wealth into bitcoin. I'm only thinking that it's one of the reasons on what we're seeing right now and it's my just mere opinion about the recent pump. It's likely that it will eventually hit back $41k.

Stock market is down, and I'm under the impression that investors are shifting to bitcoin right now that's why the massive increase which is very unusual because it's weekends.

So I would say that we shouldn't be jumping for joy, we will have to see how this spike will go. This might be a bull trap for all we know.

Yeah, that's what I'm thinking about. So aside from the drop of FB, there's also the stock that has been down and usually, when the others down, the other should be up.
I'm happy to see how it's going and with the debt of USA going up as well. Investors are putting their money to the best bet that they can and for now, many of them think that it's bitcoin. Hope this continues until it confirms breaking the usual cycle we see.

[LogitechMouse]

Rocket in the short term and TBH, I'm quite surprised that it went higher than $40,000 quicker than what I expected.
Its been 2 weeks since Bitcoin went below $40,000 and I expected that it will go sideways or at least below $35,000 but.... yeah my first prediction is wrong .

Now that we saw Bitcoin go up to $40,000 right now, what it needs is for it to stay above that price but lets not forget that we are in a bear market so there is a chance that this might be a false breakout only. Just be ready because I'm leaning that this is only a false breakout.

[Jating]

I really like the rocket term though, reminds of the the rocket game, lol. But seriously, maybe because we are not seeing a huge jump in the price for the last two months or at least after the all time high in November. So everyone jump in and very excited about seeing the price going up to $41k. I understand that we are animated moved by the price, but I will still be careful, maybe the whales are again manipulating the price and giving us a sense of hope, just saying.

[BuNga_cute]

I guess bitcoin is still in the recovery phase from the last dips and although the price looks down and up many times, it will increase at the right time. Maybe this time, bitcoin is getting stronger as the price can go back to $41k so the chance to see the price reach $45k will still be there and hopefully, that will happen this month. But bitcoin is still far away from achieving $69k as the gap is bigger and we do not know when it will reach that price, but it will reach more than that for the long term. This first week of this month brings a new hope to us to see the price increase in the next weeks, but we should still be careful because we may see many corrections coming after this.

After a long time Bitcoin was under $40k price, finally Bitcoin is now making us all happy by successfully rising to the price of $41k. Although
the actual increase in Bitcoin is not very significant and is still in the process of recovering, but a small increase like this is needed. At least
it makes the market look positive and gives hope that the bearish trend might end in the near future. I admit that this Bitcoin price increase
cannot be said to have skyrocketed, because the Bitcoin price is still too far from the ATH price. Because we really don't know the cause of
the Bitcoin price increase, it's a good idea to stay vigilant and don't get too excited.
 

[Scripture]

I really like the rocket term though, reminds of the the rocket game, lol. But seriously, maybe because we are not seeing a huge jump in the price for the last two months or at least after the all time high in November. So everyone jump in and very excited about seeing the price going up to $41k. I understand that we are animated moved by the price, but I will still be careful, maybe the whales are again manipulating the price and giving us a sense of hope, just saying.

I can't disagree on this one since whales really knows how to manipulate the market but the price looks more convincing now that we finally back to $40k level and at the price of $41k as of posting. The rocket has been launched the moment he reached the bottom, now we are slowly getting back to the good trend.

Bitcoin did a great job, we survive the downtrend, I'm really optimistic about the new peak and that can happen this year.

[bittraffic]

Come on it does rocket quickly. I just sleep for 6 hours and it's already $41K, that sure a shoot to the moon. We don't even know the reason but I'd take it because the market had shown its bottom as what some forecasters had predicted.

I have not really bought back the BTC I have sold yet but I'm assuming the price will also drop low soon by Feb 8-10.  Hard to see it's going to continue to the moon without other reasons.

[GeorgeJohn]

The bitcoin market is on a whole new level as the price is now 41k which is a good sign of bull return Bitcoin have been on a red trend for the past couple of weeks now but with the latest price recovery 📈 relief has come to most Bitcoin holders.
All through 10% recovery is not that big but again it's better and a signal of what to expect from the market in the weeks ahead.

At least the return of green in cryptocurrency market, have put smile to the faces of investor's,  Bitcoin price which accelerated from thirty six, seven thousand (36-37) approach to forty two thousand currently, i think we are encroaching to bullish market gradually, before the month will end we have to know fully if the market will reach to the estimated prediction of some community user who predicted that Bitcoin price will reach hundred thousand (100k)

[Reid]

$41k now. This is pumping me up. So I suppose we could say our new bottom will be 37k - 40k right? and there's a low chance we will go further down than that. I hope so. I may be a long time holder but I don't want to see it plummet at a point where its a sore in my eyes.
Like what others feel, indeed this is good news even with the altcoin holders as they are now having hopes that their portfolios will go back to a forest like color.  

[bhooscream]

Not rocket yet, I will say rocket once it move above $50K.

Agree. The current price improvement isn't that so significant, still doesn't deserve to call 'Rocket'. We are waiting for the Bitcoin price to be back about $50k, then we can say it's Rocket. $33k - $50k, that surely deserves to call as 'Rocket'.

The main reason I am assuming investors moving to Bitcoin and leaving some other stock investment. I have seen a couple of companies whose stock price has been dumped hard like Meta. So most probably that investors decide to invest in Bitcoin since the price of Bitcoin was lower.

This is good news. Once investors prefer to put their money in crypto investment, especially in Bitcoin, then crypto market probably will recover. Then, good or bad news following the investors' decision will play a big role. If we have good news about crypto in the next few days or months, I believe Bitcoin can easily pass $50k again. But if there is much bad news, investors may move their money to the stock market again, the crypto market to continue experiencing big drops. Be careful!

[uneng]

Bitcoin is supporting 40,000$ range price for two days already. That looks very good, but too early to say if this tendency is going to last longer or not. I would like to see what happens to bitcoin price in a week time period or so to conclude if this is a solid movement or just a common fluctuation that is going to be reverted soon, like we have seen recently during the first weeks of January.
The only thing I'm sure is that everyone should always hold some amount of bitcoin, doesn't matter the scenario. We never know when prices are going to change, so it's better to be prepared for it all the time.

[Taskford]

$41k now. This is pumping me up. So I suppose we could say our new bottom will be 37k - 40k right? and there's a low chance we will go further down than that. I hope so. I may be a long time holder but I don't want to see it plummet at a point where its a sore in my eyes.
Like what others feel, indeed this is good news even with the altcoin holders as they are now having hopes that their portfolios will go back to a forest like color.  

Good to see those figures rolling out but still I will not get hype on such things and keep waiting if we can able to see more pump since its hard to get caught again by another dump. Although I accumulate some at 37k but I'm doubting to add up since we don't know we can continue to see this or not.

[7788bitcoin]

~
Good to see those figures rolling out but still I will not get hype on such things and keep waiting if we can able to see more pump since its hard to get caught again by another dump. Although I accumulate some at 37k but I'm doubting to add up since we don't know we can continue to see this or not.

That is exactly the issue here, it is hard to predict how the market will react and i have no idea why we saw a huge rally in the past couple of days, yet i was hesitant to invest even at $35k and once i saw huge orders coming in then i jumped in to ride the rally and if there is huge selling pressure in the next couple of days, i might book my profit and wait for the market to consolidate.

[michellee]

After a long time Bitcoin was under $40k price, finally Bitcoin is now making us all happy by successfully rising to the price of $41k. Although
the actual increase in Bitcoin is not very significant and is still in the process of recovering, but a small increase like this is needed. At least
it makes the market look positive and gives hope that the bearish trend might end in the near future. I admit that this Bitcoin price increase
cannot be said to have skyrocketed, because the Bitcoin price is still too far from the ATH price. Because we really don't know the cause of
the Bitcoin price increase, it's a good idea to stay vigilant and don't get too excited.

Indeed. That is what I think as bitcoin can be stable at $41k which is good for us to take profit. This hour, bitcoin has a red candle and hopefully, that does not make the price go down below $41k and still stable at the $41k level. It gives people a chance to buy bitcoin, especially for people who think that they are late to buy bitcoin at below $40k yesterday. But if they think that the price will go down below $40k again, they can still wait and see if the price will move to the price they want. Otherwise, they can test to buy at this price and buy again if the price is down below. Only patience will give them a chance to see bitcoin is at the top price in the next ATH.

[aruldaroy]

I don't think it has skyrocketed maybe if the bitcoin price has moved towards the price of $50k or $55k it might be called skyrocketing.
Maybe this is just the beginning of the bitcoin price reversal, especially if many investors want to buy bitcoin again, I think the bitcoin price will quickly skyrocket again.

[peter0425]

The Bitcoin market witnessed an intermittent price rocket movement in the early hours of today as Bitcoin price was standing at $37k at the early hours of Friday but jumped to $40,300 towards the late hours of today this is a movement that surpassed our expectations.

Source of the chart: https://coinmarketcap.com/currencies/bitcoin/
With so much good news around Bitcoin from various countries around the world adopting Bitcoin after El Salvador made the first move Bitcoin is in another phase for mainstream operation.

That is really a Good increase as we stayed lowering for weeks and for my surprise ? made a 3-4k growth in just a  day .

but is this really a rocket?  i think it's not mate , maybe if the increase made at least 10,000 dollar price value then we will be heading to rocketing and  i would love to see it happening .

I don't think it has skyrocketed maybe if the bitcoin price has moved towards the price of $50k or $55k it might be called skyrocketing.
Maybe this is just the beginning of the bitcoin price reversal, especially if many investors want to buy bitcoin again, I think the bitcoin price will quickly skyrocket again.

50k in just a this week coming then yes that is the sky rocket .

[btc_angela]

But the rockets seems to stop now and not going up?
And what's what we said, not to be jumpy with those price spike. I get the point that we have trounce the $40k barrier but still a long way to go for us.
Now it's trading sideways and not enough momentum to even to get to $41k because money has been poured already.

[davis196]

Do you think that this skyrocket has something to do with Facebook's(Meta) massive drop? It could be the whales from there that have taken their share moved some of their wealth into bitcoin. I'm only thinking that it's one of the reasons on what we're seeing right now and it's my just mere opinion about the recent pump. It's likely that it will eventually hit back $41k.

Nah,this is just a coincidence.The Meta drop has nothing to do with Bitcoin.
I don't believe that the current Bitcoin price pump is going to be the beginning of a bull run.
It's more like a bull trap or a "dead cat bounce".The price is currently staying at 41K USD,but after several days of staying arounf the 40-41K USD level,it will eventually drop below 40K again.
I guess that some crypto whales pumped the BTC price from 34-36K to 41K,but the impact of this BTC purchase will be short term.
There aren't any good conditions for a new FOMO phase/bull run.Fear will continue to dominate over greed on the crypto markets.

[Wiwo]

But the rockets seems to stop now and not going up?
And what's what we said, not to be jumpy with those price spike. I get the point that we have trounce the $40k barrier but still a long way to go for us.
Now it's trading sideways and not enough momentum to even to get to $41k because money has been poured already.

May be the rocket get stock at $41,600 Bitcoin has been on that price for the past 48 hours who are in a more stable position at the list it not dropping as we saw in the last couple of weeks back when the Bitcoin market was on a downward trend, we may need my best to push the price above it present level most analysts are predicting 45,000 and above before the end of February but that is also contrary to the trader view on the market as Bitcoin trading volume is high on the present price which looks like a sell-off to me. Keeping our fingers crossed to see which direction the market goes next if it will continue the rocket movement by jumping from $41,600 to 44,000 or above or it will drop below the 40,000 regions.

[sirminesalot]

But the rockets seems to stop now and not going up?
And what's what we said, not to be jumpy with those price spike. I get the point that we have trounce the $40k barrier but still a long way to go for us.
Now it's trading sideways and not enough momentum to even to get to $41k because money has been poured already.

At least the price is going to be a stable price so the time for altcoin is coming, altcoin were already bleeding more than 50% even for high marketcap altcoin and if the price of PC always fluctuating like right now since the early of this year, it's hard for altcoin to rise.
We hope we see another pump before the price going stable and altseason come, and no more price drops like before

[batang_bitcoin]

Do you think that this skyrocket has something to do with Facebook's(Meta) massive drop? It could be the whales from there that have taken their share moved some of their wealth into bitcoin. I'm only thinking that it's one of the reasons on what we're seeing right now and it's my just mere opinion about the recent pump. It's likely that it will eventually hit back $41k.

Nah,this is just a coincidence.The Meta drop has nothing to do with Bitcoin.
I don't believe that the current Bitcoin price pump is going to be the beginning of a bull run.
It's more like a bull trap or a "dead cat bounce".The price is currently staying at 41K USD,but after several days of staying arounf the 40-41K USD level,it will eventually drop below 40K again.
I guess that some crypto whales pumped the BTC price from 34-36K to 41K,but the impact of this BTC purchase will be short term.
There aren't any good conditions for a new FOMO phase/bull run.Fear will continue to dominate over greed on the crypto markets.

I've just thought of it that the people that have large stock there have probably dumped it for bitcoin. It's having difficulty to step on $42k and have stopped on that line.
I guess this is the same during the time when it hasn't reached $40k yet. The move isn't that much and more of being stagnant.

[Mamun74]

It's not huge pump because previous week bitcoin price was Under 40$k and current price is $42k+. I think this the little pump.I still believe that bitcoin price movement correction. Many Altcoin price is rising already and i think when bitcoin price more increase then all Altcoin price will be rise again.

[Oshosondy]

Do you think that this skyrocket has something to do with Facebook's(Meta) massive drop? It could be the whales from there that have taken their share moved some of their wealth into bitcoin. I'm only thinking that it's one of the reasons on what we're seeing right now and it's my just mere opinion about the recent pump. It's likely that it will eventually hit back $41k.

I do not think this is connected to Facebook stock massive drop, I do not see how both price can even be related, this is just another bull run for bitcoin before the price may decrease again, I just know that this year will not really be so encouraging about bitcoin price, but I may be wrong.

altcoin were already bleeding more than 50% even for high marketcap altcoin and if the price of PC always fluctuating like right now since the early of this year, it's hard for altcoin to rise.

Altcoins decreased more than 50%, you can check there price like Doge, Qtum, Link, Neo and many like that that have dropped in price of over 250% or more.

[aoluain]

Not rocket yet, I will say rocket once it move above $50K. The main reason I am assuming investors moving to Bitcoin and leaving some other stock investment. I have seen a couple of companies whose stock price has been dumped hard like Meta. So most probably that investors decide to invest in Bitcoin since the price of Bitcoin was lower. That's what I believe, however no matter the reason for the pump, we need it.

Yes, that is the next big psychological barrier that we have to break again, $50k.

So I wouldn't say that we are in a rocket or going to the moon, it's too early, we've lost so much ground last December that we have to cover for that. At least going to $48k might be the logical target and then $50k. So we will see if this spike will continue, it might slow down a bit though this weekend. But at the start of the second week of this month will be the exciting part for us so let's see how it will pan out.

Correct I am reserved on this movement, we will have to pass the usual resistance
points, $45k, $50k etc. until then its too early, there was also talk of a "dead Cat bounce"
scenario.

I can understand the excitement though, after a month of sub $40k sideways movement
any sort of rise is welcome and stirs up a bit of excitement.

[ibuddy122505]

Not rocket yet, I will say rocket once it move above $50K. The main reason I am assuming investors moving to Bitcoin and leaving some other stock investment. I have seen a couple of companies whose stock price has been dumped hard like Meta. So most probably that investors decide to invest in Bitcoin since the price of Bitcoin was lower. That's what I believe, however no matter the reason for the pump, we need it.

Yes, that is the next big psychological barrier that we have to break again, $50k.

So I wouldn't say that we are in a rocket or going to the moon, it's too early, we've lost so much ground last December that we have to cover for that. At least going to $48k might be the logical target and then $50k. So we will see if this spike will continue, it might slow down a bit though this weekend. But at the start of the second week of this month will be the exciting part for us so let's see how it will pan out.

Correct I am reserved on this movement, we will have to pass the usual resistance
points, $45k, $50k etc. until then its too early, there was also talk of a "dead Cat bounce"
scenario.

I can understand the excitement though, after a month of sub $40k sideways movement
any sort of rise is welcome and stirs up a bit of excitement.

I'm actually learning TA however I'm believing you're correct. Watch out for what comes next with market opening tomorrow.

Fundamentals looking a bit positive for organizations, right now compared to the last week. whether we go up or down will be determined by institutional traders. Bitcoin is extremely impressive, however they destroy all the other things in the event that they settled on seriously selling. Figuring it will demonstration of a "dead Cat bounce" like previously and afterward down soon. Pumping right now however I actually believe it will crash or round 43k probably a decent short there.

[RealMalatesta]

Correct I am reserved on this movement, we will have to pass the usual resistance
points, $45k, $50k etc. until then its too early, there was also talk of a "dead Cat bounce"
scenario.

I can understand the excitement though, after a month of sub $40k sideways movement
any sort of rise is welcome and stirs up a bit of excitement.

If you keep on waiting for that to happen, do you realize how much money you are missing out? I mean if you could buy right now, and it reaches 50k, you are already in %20 or so in profit, and if you buy there, it reaches 60k, then you are in profit but you are missing out that extra amount.

It is your decision of course and I could not tell you what to do, if you want to make a profit that way then you could make a profit that way and nobody could tell you what to do. However if you really want to make sure that you are doing the right thing, then I would have to suggest you to make sure you are ready for such an increase, we are not just a few dollars away from those prices.

[antmex]

Bitcoin have to break the yellow line to continue higher. This is an resistance zone and must be done and maybe retested. https://de.tradingview.com/x/oymaqduL

[aoluain]

Correct I am reserved on this movement, we will have to pass the usual resistance
points, $45k, $50k etc. until then its too early, there was also talk of a "dead Cat bounce"
scenario.

I can understand the excitement though, after a month of sub $40k sideways movement
any sort of rise is welcome and stirs up a bit of excitement.

If you keep on waiting for that to happen, do you realize how much money you are missing out? I mean if you could buy right now, and it reaches 50k, you are already in %20 or so in profit, and if you buy there, it reaches 60k, then you are in profit but you are missing out that extra amount.

It is your decision of course and I could not tell you what to do, if you want to make a profit that way then you could make a profit that way and nobody could tell you what to do. However if you really want to make sure that you are doing the right thing, then I would have to suggest you to make sure you are ready for such an increase, we are not just a few dollars away from those prices.

Already bought the dip and worshiped at the church of DCA for the last 3 weeks!

I'm reserved in terms of getting excited too early.

[MyIdeas]

Correct I am reserved on this movement, we will have to pass the usual resistance
points, $45k, $50k etc. until then its too early, there was also talk of a "dead Cat bounce"
scenario.

I can understand the excitement though, after a month of sub $40k sideways movement
any sort of rise is welcome and stirs up a bit of excitement.

If you keep on waiting for that to happen, do you realize how much money you are missing out? I mean if you could buy right now, and it reaches 50k, you are already in %20 or so in profit, and if you buy there, it reaches 60k, then you are in profit but you are missing out that extra amount.

It is your decision of course and I could not tell you what to do, if you want to make a profit that way then you could make a profit that way and nobody could tell you what to do. However if you really want to make sure that you are doing the right thing, then I would have to suggest you to make sure you are ready for such an increase, we are not just a few dollars away from those prices.

Already bought the dip and worshiped at the church of DCA for the last 3 weeks!

I'm reserved in terms of getting excited too early.

I also hold when the market was red. I was worried a little as many people told that it is not winter but crypto ice which made me worry but then I thought that what ever happen at the end a good time comes. So I kept and I told to myself that if it is ice then even the ice melts at the end. Today I am very happy. I learned another lesson that stay firm we will get the success.

[boyptc]

$44k is in. So the support that everyone was talking about is $40k-$43k, bitcoin just broke those prices. And let's see if this is going to keep moving up to $50k.

I also hold when the market was red. I was worried a little as many people told that it is not winter but crypto ice which made me worry but then I thought that what ever happen at the end a good time comes. So I kept and I told to myself that if it is ice then even the ice melts at the end. Today I am very happy. I learned another lesson that stay firm we will get the success.

There are a few things we can do if the market is red. Either buy or hold, that's it. Selling isn't an option because if you have bought it higher, you have no choice but to wait until the market recovers.

[YinShuiSiYuan]

Bitcoin have to break the yellow line to continue higher. This is an resistance zone and must be done and maybe retested. https://de.tradingview.com/x/oymaqduL

It looks like the yellow line has been crossed. All the charts look very optimistic, but in my opinion the risk of a bull trap is still very high. We must not forget that whales play mostly against what the majority want to see on charts.

[batang_bitcoin]

Do you think that this skyrocket has something to do with Facebook's(Meta) massive drop? It could be the whales from there that have taken their share moved some of their wealth into bitcoin. I'm only thinking that it's one of the reasons on what we're seeing right now and it's my just mere opinion about the recent pump. It's likely that it will eventually hit back $41k.

I do not think this is connected to Facebook stock massive drop, I do not see how both price can even be related, this is just another bull run for bitcoin before the price may decrease again, I just know that this year will not really be so encouraging about bitcoin price, but I may be wrong.

That's just the idea that came to my mind and it's about the likely of the investors from FB(meta) stock that have sold and then reinvested it into bitcoin.
But yeah, let's settle that and forget about the connection. Because every time there's a drop or rise for bitcoin, there's also some significant move for the stock market.

[antmex]

Bitcoin have to break the yellow line to continue higher. This is an resistance zone and must be done and maybe retested. https://de.tradingview.com/x/oymaqduL

It looks like the yellow line has been crossed. All the charts look very optimistic, but in my opinion the risk of a bull trap is still very high. We must not forget that whales play mostly against what the majority want to see on charts.

It have to close above the yellow line in daily chart. That’s important.

[MyIdeas]

$44k is in. So the support that everyone was talking about is $40k-$43k, bitcoin just broke those prices. And let's see if this is going to keep moving up to $50k.

yes after $44k we can easily cross the $50k value.

I also hold when the market was red. I was worried a little as many people told that it is not winter but crypto ice which made me worry but then I thought that what ever happen at the end a good time comes. So I kept and I told to myself that if it is ice then even the ice melts at the end. Today I am very happy. I learned another lesson that stay firm we will get the success.

There are a few things we can do if the market is red. Either buy or hold, that's it. Selling isn't an option because if you have bought it higher, you have no choice but to wait until the market recovers.

Yeah I know. I was a little worried the but then I thought that I do not need to sell. Holding is better in any condition.

[boyptc]

$44k is in. So the support that everyone was talking about is $40k-$43k, bitcoin just broke those prices. And let's see if this is going to keep moving up to $50k.

yes after $44k we can easily cross the $50k value.

We will see it and hopefully, it will manage to get back to cross that line again.

I also hold when the market was red. I was worried a little as many people told that it is not winter but crypto ice which made me worry but then I thought that what ever happen at the end a good time comes. So I kept and I told to myself that if it is ice then even the ice melts at the end. Today I am very happy. I learned another lesson that stay firm we will get the success.

There are a few things we can do if the market is red. Either buy or hold, that's it. Selling isn't an option because if you have bought it higher, you have no choice but to wait until the market recovers.

Yeah I know. I was a little worried the but then I thought that I do not need to sell. Holding is better in any condition.

As long as you don't need the money, don't sell. Sell only when you're confident and there's no trace of regret upon doing that. Many of us here done that and regretted that they've sold too early despite of earning at those prices that they've sold their bitcoins.

[Yaunfitda]

Do you think that this skyrocket has something to do with Facebook's(Meta) massive drop? It could be the whales from there that have taken their share moved some of their wealth into bitcoin. I'm only thinking that it's one of the reasons on what we're seeing right now and it's my just mere opinion about the recent pump. It's likely that it will eventually hit back $41k.

I do not think this is connected to Facebook stock massive drop, I do not see how both price can even be related, this is just another bull run for bitcoin before the price may decrease again, I just know that this year will not really be so encouraging about bitcoin price, but I may be wrong.

That's just the idea that came to my mind and it's about the likely of the investors from FB(meta) stock that have sold and then reinvested it into bitcoin.
But yeah, let's settle that and forget about the connection. Because every time there's a drop or rise for bitcoin, there's also some significant move for the stock market.

Yes, this is the most logical reason why the price suddenly skyrocketed, the shift from FB stock to bitcoin market. And this is not just ordinary investors, this are whales, very deep pocket that can put millions upon millions of funds.
That's why the price suddenly went to $44k today. And I wouldn't be surprised if this goes up to $45k then the next barrier of $48k-$50k. So we can say that there is indeed some correlation between stock market and crypto market.

[romero121]

Do you think that this skyrocket has something to do with Facebook's(Meta) massive drop? It could be the whales from there that have taken their share moved some of their wealth into bitcoin. I'm only thinking that it's one of the reasons on what we're seeing right now and it's my just mere opinion about the recent pump. It's likely that it will eventually hit back $41k.

I do not think this is connected to Facebook stock massive drop, I do not see how both price can even be related, this is just another bull run for bitcoin before the price may decrease again, I just know that this year will not really be so encouraging about bitcoin price, but I may be wrong.

That's just the idea that came to my mind and it's about the likely of the investors from FB(meta) stock that have sold and then reinvested it into bitcoin.
But yeah, let's settle that and forget about the connection. Because every time there's a drop or rise for bitcoin, there's also some significant move for the stock market.

Yes, this is the most logical reason why the price suddenly skyrocketed, the shift from FB stock to bitcoin market. And this is not just ordinary investors, this are whales, very deep pocket that can put millions upon millions of funds.
That's why the price suddenly went to $44k today. And I wouldn't be surprised if this goes up to $45k then the next barrier of $48k-$50k. So we can say that there is indeed some correlation between stock market and crypto market.

A big flow of money into cryptocurrency have happened. The same has caused the price pumping than any form of external push. Yes, the price can even cross $50k which is the best part. There is market correlation, but this won't happen everytime. Right now it is all because of the Metaverse drop. Everyone were speculating of bearish market, but everything turned to be positive in very short time period. This indicates the unpredictability of the market movements.

[TravelMug]

Do you think that this skyrocket has something to do with Facebook's(Meta) massive drop? It could be the whales from there that have taken their share moved some of their wealth into bitcoin. I'm only thinking that it's one of the reasons on what we're seeing right now and it's my just mere opinion about the recent pump. It's likely that it will eventually hit back $41k.

I do not think this is connected to Facebook stock massive drop, I do not see how both price can even be related, this is just another bull run for bitcoin before the price may decrease again, I just know that this year will not really be so encouraging about bitcoin price, but I may be wrong.

That's just the idea that came to my mind and it's about the likely of the investors from FB(meta) stock that have sold and then reinvested it into bitcoin.
But yeah, let's settle that and forget about the connection. Because every time there's a drop or rise for bitcoin, there's also some significant move for the stock market.

Yes, this is the most logical reason why the price suddenly skyrocketed, the shift from FB stock to bitcoin market. And this is not just ordinary investors, this are whales, very deep pocket that can put millions upon millions of funds.
That's why the price suddenly went to $44k today. And I wouldn't be surprised if this goes up to $45k then the next barrier of $48k-$50k. So we can say that there is indeed some correlation between stock market and crypto market.

A big flow of money into cryptocurrency have happened. The same has caused the price pumping than any form of external push. Yes, the price can even cross $50k which is the best part. There is market correlation, but this won't happen everytime. Right now it is all because of the Metaverse drop. Everyone were speculating of bearish market, but everything turned to be positive in very short time period. This indicates the unpredictability of the market movements.

Right, totally unexpected move to bitcoin market. When everyone is shouting for a bear market (including myself), the market suddenly turns into green candles and hopefully it can finished it that way this week. As we all know this correlation might not happen again and stock investors might suddenly get out of the market if this see FB or at least some other stocks are stabilising. So short term this is good, but still be wary and cautious at the same time.

[batang_bitcoin]

That's just the idea that came to my mind and it's about the likely of the investors from FB(meta) stock that have sold and then reinvested it into bitcoin.
But yeah, let's settle that and forget about the connection. Because every time there's a drop or rise for bitcoin, there's also some significant move for the stock market.

Yes, this is the most logical reason why the price suddenly skyrocketed, the shift from FB stock to bitcoin market. And this is not just ordinary investors, this are whales, very deep pocket that can put millions upon millions of funds.
That's why the price suddenly went to $44k today. And I wouldn't be surprised if this goes up to $45k then the next barrier of $48k-$50k. So we can say that there is indeed some correlation between stock market and crypto market.

It's still unknown though but I can't just remove that in my mind that there's a possibility even by a little chance. But if not, then so be it.
I hope that it will continue to go back to $50kish to $60kish. That's what we're wanting to see for bitcoin as it gets stable there and even it stays there for a long time.
That's already a win for everybody but right now, it's got to play somewhere around $42k-$44k.

[btc_angela]

That's just the idea that came to my mind and it's about the likely of the investors from FB(meta) stock that have sold and then reinvested it into bitcoin.
But yeah, let's settle that and forget about the connection. Because every time there's a drop or rise for bitcoin, there's also some significant move for the stock market.

Yes, this is the most logical reason why the price suddenly skyrocketed, the shift from FB stock to bitcoin market. And this is not just ordinary investors, this are whales, very deep pocket that can put millions upon millions of funds.
That's why the price suddenly went to $44k today. And I wouldn't be surprised if this goes up to $45k then the next barrier of $48k-$50k. So we can say that there is indeed some correlation between stock market and crypto market.

It's still unknown though but I can't just remove that in my mind that there's a possibility even by a little chance. But if not, then so be it.
I hope that it will continue to go back to $50kish to $60kish. That's what we're wanting to see for bitcoin as it gets stable there and even it stays there for a long time.
That's already a win for everybody but right now, it's got to play somewhere around $42k-$44k.

That will be the next jump, $50k'ish is likely with the way the price is moving. We just touch $45k briefly though, but maybe we can gather enough momentum to push the price tomorrow. Another good day for investors and traders to see our portfolio coming into life again. So we will wait this whole week, I have a feeling that $50k will be reach again with this kind of positive sentiments.

[bakasabo]

This is so amazing to observe how easy it is to manipulate people. Every time Bitcoin price looses several thousands, and topics with content "hold" and "we are going to the bottom" appear immediately. Every time Bitcoin prices gains several thousands in short period after a loss, and topics "recovered", "rocket", "bull trend" appear in to time. Bitcoin is not a rocket, we are not even close to ATH, and in fact, we are on the same level we were month ago. Conclusion, in a month nothing has changed with Bitcoin price.

[Oasisman]

This is so amazing to observe how easy it is to manipulate people. Every time Bitcoin price looses several thousands, and topics with content "hold" and "we are going to the bottom" appear immediately. Every time Bitcoin prices gains several thousands in short period after a loss, and topics "recovered", "rocket", "bull trend" appear in to time. Bitcoin is not a rocket, we are not even close to ATH, and in fact, we are on the same level we were month ago. Conclusion, in a month nothing has changed with Bitcoin price.

That's kinda normal in any social media platforms, forums, and other Cryptocurrency discussion websites. People would always talk about the price because that's the main reason of our concern. Though we have a different perception when Bitcoin dips or rise.
People tend to calm themselves seeing positive reviews and predictions during the bearish season, and will probably try to tell people to hold and accumulate more when Bitcoin is on a bullish momentum (which should be the other way around)
After all, we are all trying to manipulate the people forcing them to believe what we think is right for Bitcoin lol.

[lalabotax]

yes after $44k we can easily cross the $50k value.

Why are you so confident saying this? $44k is still far from $50k, how can it easily achieve $50k? After BTC passes $45k today, I think it will drop again temporarily. It should need a little correction before it continues to break at a higher rate. $50k is possible, but I think it will take time, probably to reach $50k in the middle of this month if no bad news again. But if there is bad news again, we must prepare to face another storm in crypto market.

[aruldaroy]

$44k is in. So the support that everyone was talking about is $40k-$43k, bitcoin just broke those prices. And let's see if this is going to keep moving up to $50k.

I also hold when the market was red. I was worried a little as many people told that it is not winter but crypto ice which made me worry but then I thought that what ever happen at the end a good time comes. So I kept and I told to myself that if it is ice then even the ice melts at the end. Today I am very happy. I learned another lesson that stay firm we will get the success.

There are a few things we can do if the market is red. Either buy or hold, that's it. Selling isn't an option because if you have bought it higher, you have no choice but to wait until the market recovers.

If the market is red and unstable buying or selling is not the right solution, but be patient not to sell and be patient not to buy.
especially if you have time to buy it out, the market is going down again, of course the worry is getting worse.
But sometimes people can take the situation to be able to buy me so I wonder how they dared to make the decision to buy at that time.?

[antmex]

For now it doesn’t look like rocket mode.
https://de.tradingview.com/x/X9vxnYG2

As you see, it failed (at the time I’m writing this) to close above yellow line.

[aoluain]

Well there we go, today we hit the first resistance, $45k. The next one
after passing $45k and building support at that will be the $50k mark.

Traders like to set their sell orders just short of these $5k intervals, I used
to do it myself, something like $44,750 or $48,825.

[MyIdeas]

$44k is in. So the support that everyone was talking about is $40k-$43k, bitcoin just broke those prices. And let's see if this is going to keep moving up to $50k.

yes after $44k we can easily cross the $50k value.

We will see it and hopefully, it will manage to get back to cross that line again.

I also hold when the market was red. I was worried a little as many people told that it is not winter but crypto ice which made me worry but then I thought that what ever happen at the end a good time comes. So I kept and I told to myself that if it is ice then even the ice melts at the end. Today I am very happy. I learned another lesson that stay firm we will get the success.

There are a few things we can do if the market is red. Either buy or hold, that's it. Selling isn't an option because if you have bought it higher, you have no choice but to wait until the market recovers.

Yeah I know. I was a little worried the but then I thought that I do not need to sell. Holding is better in any condition.

As long as you don't need the money, don't sell. Sell only when you're confident and there's no trace of regret upon doing that. Many of us here done that and regretted that they've sold too early despite of earning at those prices that they've sold their bitcoins.

Yes we should not sell when we need money, in the past weeks I was in need but I thought that it is better to wait a little more so I waited and now the value of my coins increased. I bought some designing work with a few dollars and I calculated if I bought that in the previous weeks then I would pay more than what I paid now.

[Oilacris]

Well there we go, today we hit the first resistance, $45k. The next one
after passing $45k and building support at that will be the $50k mark.

Traders like to set their sell orders just short of these $5k intervals, I used
to do it myself, something like $44,750 or $48,825.

Resistances would be most likely on $5k+ increments which it isnt always the case though but preferably we are seeing support and resistances within these levels.

Speaking with short sells then setting it below those lines would be ideal and the next thing will really be a test out of your patience because we wouldnt know on when Bitcoin would make out some

significant price movement neither it would take weeks or several months basing off with some market fundamentals which we know that its always been unpredictable.

[Oshosondy]

Bitcoin have to break the yellow line to continue higher. This is an resistance zone and must be done and maybe retested. https://de.tradingview.com/x/oymaqduL

People are just making different analyses in their own opinion, if the yellow line you specified is below $44200, bitcoin got to the price many hours ago, but all that happened was that the price of bitcoin falled back below $44000. You also mentioned it can be retested, let us see what will happen but I think bitcoin price is not really going higher this year and next year.

Resistances would be most likely on $5k+ increments which it isnt always the case though but preferably we are seeing support and resistances within these levels.

You mean $50K I guess, let us even see if the price will get up to that extent, anything can happen though but it is like bitcoin is having a resistance at $45000

[bakasabo]

This is so amazing to observe how easy it is to manipulate people. Every time Bitcoin price looses several thousands, and topics with content "hold" and "we are going to the bottom" appear immediately. Every time Bitcoin prices gains several thousands in short period after a loss, and topics "recovered", "rocket", "bull trend" appear in to time. Bitcoin is not a rocket, we are not even close to ATH, and in fact, we are on the same level we were month ago. Conclusion, in a month nothing has changed with Bitcoin price.

That's kinda normal in any social media platforms, forums, and other Cryptocurrency discussion websites. People would always talk about the price because that's the main reason of our concern. Though we have a different perception when Bitcoin dips or rise.
People tend to calm themselves seeing positive reviews and predictions during the bearish season, and will probably try to tell people to hold and accumulate more when Bitcoin is on a bullish momentum (which should be the other way around)
After all, we are all trying to manipulate the people forcing them to believe what we think is right for Bitcoin lol.

You are right, this is kinda usual for us. So what is now? We have -2-4% from yesterdays highest price. Soon people would wake up, check cmc, coingecko or any other tracker on their mobile phones and will rush to forum, to create hold-bear-buy deep-sell-make predictions-post graphs-try to act as an analytic posts. But the fact is, the rocket isnt flying anywhere close to moon, it just flies parallel land

[SquallLeonhart]

If the market is red and unstable buying or selling is not the right solution, but be patient not to sell and be patient not to buy.
especially if you have time to buy it out, the market is going down again, of course the worry is getting worse.
But sometimes people can take the situation to be able to buy me so I wonder how they dared to make the decision to buy at that time.?

If the market is low and you are buying then most of the time you are doing the right thing, but if everyone bought then the price wouldn't fall down and that is the biggest dilemma in our life time. If the price is going down that means people are selling crypto, that is the main reason why it goes down, look at the exchanges and you will see a lot of people selling and dropping the price during those periods.

So, if we should buy from low level and make a profit then how come we see people getting out? There are plenty of reasons, some people are scared, some people are liquidated, some people hit their stop loss, few other reasons but it happens. So, if you want to make sure you are doing ok, make sure you stay away from those things.

[Reatim]

For now it doesn’t look like rocket mode.
https://de.tradingview.com/x/X9vxnYG2

As you see, it failed (at the time I’m writing this) to close above yellow line.

But at least  We are seeing stable position at above 43k mate , though you are correct that it fails to close above yellow line .

Well there we go, today we hit the first resistance, $45k. The next one
after passing $45k and building support at that will be the $50k mark.

Traders like to set their sell orders just short of these $5k intervals, I used
to do it myself, something like $44,750 or $48,825.

We can look for the next breaking if we did stayed at 45k level but suddenly this just crossed short time and drops down again.

But yeah Lets see if we can cross 48k then maybe this is the right position to accumulate more.

[antmex]

In Daily timeframe for me the resistance is at the current level of 44160$. Bitcoin have to close above before continuing. https://de.tradingview.com/x/lbOLn4oI

[leea-1334]

You are right, this is kinda usual for us. So what is now? We have -2-4% from yesterdays highest price. Soon people would wake up, check cmc, coingecko or any other tracker on their mobile phones and will rush to forum, to create hold-bear-buy deep-sell-make predictions-post graphs-try to act as an analytic posts. But the fact is, the rocket isnt flying anywhere close to moon, it just flies parallel land

And we are back up again,,, so everything is out again. Yes not yet at above 45k yesterday but still looks like a strong move up. This is the expected test of 45k getting ready and we should expect a few more tests,,, each fail could bring us back to danger zone below 40000 but I think we need a couple of weeks more to see who is more "ready" to commit.

Not rocket, just liftoff. Not yet leave atmosphere

[batang_bitcoin]

It's still unknown though but I can't just remove that in my mind that there's a possibility even by a little chance. But if not, then so be it.
I hope that it will continue to go back to $50kish to $60kish. That's what we're wanting to see for bitcoin as it gets stable there and even it stays there for a long time.
That's already a win for everybody but right now, it's got to play somewhere around $42k-$44k.

That will be the next jump, $50k'ish is likely with the way the price is moving. We just touch $45k briefly though, but maybe we can gather enough momentum to push the price tomorrow. Another good day for investors and traders to see our portfolio coming into life again. So we will wait this whole week, I have a feeling that $50k will be reach again with this kind of positive sentiments.

We're again approaching at the end of the week, weekend is about to come and usually when it does, a dump sequence is happening. Still unsure if it will be the same pattern just as the usual. But honestly, it is making me confident to see bitcoin sits to $43k.
This price seems to be a good comforter to me and increasing the support just in case that it shoots unexpectedly.

[StreakW]

Since the last few days the price of bitcoin has again experienced a significant increase in the crypto market. I predict that bitcoin's current rise in price is likely to be on an upward trajectory until it reaches the $60k level again. Therefore, if more countries adopt bitcoin like EL Salvador, then the bitcoin bullish phase will continue until it sets another new ATH record.

[mia_houston]

Since the last few days the price of bitcoin has again experienced a significant increase in the crypto market. I predict that bitcoin's current rise in price is likely to be on an upward trajectory until it reaches the $60k level again. Therefore, if more countries adopt bitcoin like EL Salvador, then the bitcoin bullish phase will continue until it sets another new ATH record.

Bitcoin price movements in the second week of february really made us quite excited right now, bitcoin prices started to rise again quite significantly, although in the last 2 day there were several corrections but bitcoin prices did not fall more than $42K, bitcoin has succeeded broke the resistance level in the $40K range in the past week and is now starting to try to reach the next price resistance at $45K, if later bitcoin is able to break the $45K price resistance and the volume of buying transactions continues to increase in the market, of course it is not impossible if we will see bitcoin can hit a price of $60K as you said, I think right now bitcoin just needs to maintain the positive momentum in the market so that it can stay on a positive path to hit its ATH price again.

[beerlover]

You are right, this is kinda usual for us. So what is now? We have -2-4% from yesterdays highest price. Soon people would wake up, check cmc, coingecko or any other tracker on their mobile phones and will rush to forum, to create hold-bear-buy deep-sell-make predictions-post graphs-try to act as an analytic posts. But the fact is, the rocket isnt flying anywhere close to moon, it just flies parallel land

And we are back up again,,, so everything is out again. Yes not yet at above 45k yesterday but still looks like a strong move up. This is the expected test of 45k getting ready and we should expect a few more tests,,, each fail could bring us back to danger zone below 40000 but I think we need a couple of weeks more to see who is more "ready" to commit.

Not rocket, just liftoff. Not yet leave atmosphere

Other coins are up as well, and some of them are much higher than bitcoin too in this spike (not price, just % amount they went up). If this keeps up, we are going to have a bull season for sure. When people start to make a lot of money from crypto, they put more money in and there is a very good period where everyone just throws money at everything and things go wild. I do not know if that will be the case here as well but I know that it will certainly look great for a while longer.

The trick in the market is that when things are looking fine and everyone is happy with what they have, it is very rare that you could make "all" of them shocked, because there needs to be at least someone profiting from market movements changing, if you find that, you find when.

[Wiwo]

Since the last few days the price of bitcoin has again experienced a significant increase in the crypto market. I predict that bitcoin's current rise in price is likely to be on an upward trajectory until it reaches the $60k level again. Therefore, if more countries adopt bitcoin-like EL Salvador, then the bitcoin bullish phase will continue until it sets another new ATH record.

Yes at the moment bitcoin price is already above $44,000 which is a significant price gain but this is not the first time bitcoin is reaching that price early Monday this week we saw Bitcoin recovering up to $44,800 before it corrected back sharply on Tuesday this week and now it gradually building a strong resistance at 40k region which is a bull sign and momentum.

[leea-1334]

Not rocket, just liftoff. Not yet leave atmosphere

Other coins are up as well, and some of them are much higher than bitcoin too in this spike (not price, just % amount they went up). If this keeps up, we are going to have a bull season for sure. When people start to make a lot of money from crypto, they put more money in and there is a very good period where everyone just throws money at everything and things go wild. I do not know if that will be the case here as well but I know that it will certainly look great for a while longer.

The trick in the market is that when things are looking fine and everyone is happy with what they have, it is very rare that you could make "all" of them shocked, because there needs to be at least someone profiting from market movements changing, if you find that, you find when.

I never really trust those small market cap coins. A few thousand dollars buying back and forth can produce volume,,, and then the same holders can use the wash trading to inflate prices articially. You know the story. Bull season is for me always only for the old coins with big market cap and many different platforms to exchange with large volume. Otherwise I consider all fake data.

[StreakW]

Since the last few days the price of bitcoin has again experienced a significant increase in the crypto market. I predict that bitcoin's current rise in price is likely to be on an upward trajectory until it reaches the $60k level again. Therefore, if more countries adopt bitcoin like EL Salvador, then the bitcoin bullish phase will continue until it sets another new ATH record.

Bitcoin price movements in the second week of february really made us quite excited right now, bitcoin prices started to rise again quite significantly, although in the last 2 day there were several corrections but bitcoin prices did not fall more than $42K, bitcoin has succeeded broke the resistance level in the $40K range in the past week and is now starting to try to reach the next price resistance at $45K, if later bitcoin is able to break the $45K price resistance and the volume of buying transactions continues to increase in the market, of course it is not impossible if we will see bitcoin can hit a price of $60K as you said, I think right now bitcoin just needs to maintain the positive momentum in the market so that it can stay on a positive path to hit its ATH price again.

I think bitcoin is currently on a positive path where the bitcoin price has so far broken through the $45k price resistance level. If you pay attention to the current movement of bitcoin prices in the crypto market, then the next price target is in the $48k area and bitcoin will continue to be bullish. Therefore, I believe bitcoin could hit a price of $60k in the next few months as the potential for bulls grows.

[jamkesmas]

Since the last few days the price of bitcoin has again experienced a significant increase in the crypto market. I predict that bitcoin's current rise in price is likely to be on an upward trajectory until it reaches the $60k level again. Therefore, if more countries adopt bitcoin like EL Salvador, then the bitcoin bullish phase will continue until it sets another new ATH record.

Now that Russia has legalized Bitcoin in its country, this is very good information for us, I hope that by legalizing bitcoin in Russia this has a direct impact on the price of bitcoin. but to reach ath I think it's a bit difficult for this year. There must be other factors to reach ath like 2021.

[Epaper]

Indeed, over the last two weeks, the bitcoin price has strengthened nearly 15% where the bitcoin price is at $44k at the moment. I see the crypto market slowly recovering from the price correction that has been going on for the last few months as the Bitcoin price has gone up. Therefore, the current rise will continue to strengthen gradually.

[SquallLeonhart]

I think bitcoin is currently on a positive path where the bitcoin price has so far broken through the $45k price resistance level. If you pay attention to the current movement of bitcoin prices in the crypto market, then the next price target is in the $48k area and bitcoin will continue to be bullish. Therefore, I believe bitcoin could hit a price of $60k in the next few months as the potential for bulls grows.

It is step by step situation where people need to realize that they could make all the profit in the world if they could hold it until it reaches 48k, then wait until 50k, wait until 55k and so forth. We have these levels where if we could go above them, they are both resistance points that we need to crack at first, but they are also places where we would be building support lines as well meaning it would be harder to go under.

This is why all these people selling out very early and either taking profit or just running away are the people who do not know what they are doing and they are also the same people who cause us to not go higher because of them.

[antmex]

Bitcoin have to bounce again above the 44160 level or it will continue lower from here I think. https://de.tradingview.com/x/1ZtjDT22

[peter0425]

In Daily timeframe for me the resistance is at the current level of 44160$. Bitcoin have to close above before continuing. https://de.tradingview.com/x/lbOLn4oI

Bitcoin have to bounce again above the 44160 level or it will continue lower from here I think. https://de.tradingview.com/x/1ZtjDT22

i thought you are bullish in Bitcoin not until i checked your post History and see it that you are only promoting your Site here.

https://bitcointalk.org/index.php?action=profile;u=2780784;sa=showPosts

But at least you are good to go with that senses .

Indeed, over the last two weeks, the bitcoin price has strengthened nearly 15% where the bitcoin price is at $44k at the moment. I see the crypto market slowly recovering from the price correction that has been going on for the last few months as the Bitcoin price has gone up. Therefore, the current rise will continue to strengthen gradually.

What about now that the price drops back to 41k , so where is the strengthened here? and where is the recovering? i find it nothing there?

[noormcs5]

This is so amazing to observe how easy it is to manipulate people. Every time Bitcoin price looses several thousands, and topics with content "hold" and "we are going to the bottom" appear immediately. Every time Bitcoin prices gains several thousands in short period after a loss, and topics "recovered", "rocket", "bull trend" appear in to time. Bitcoin is not a rocket, we are not even close to ATH, and in fact, we are on the same level we were month ago. Conclusion, in a month nothing has changed with Bitcoin price.

That's kinda normal in any social media platforms, forums, and other Cryptocurrency discussion websites. People would always talk about the price because that's the main reason of our concern. Though we have a different perception when Bitcoin dips or rise.
People tend to calm themselves seeing positive reviews and predictions during the bearish season, and will probably try to tell people to hold and accumulate more when Bitcoin is on a bullish momentum (which should be the other way around)
After all, we are all trying to manipulate the people forcing them to believe what we think is right for Bitcoin lol.

You are right, this is kinda usual for us. So what is now? We have -2-4% from yesterdays highest price. Soon people would wake up, check cmc, coingecko or any other tracker on their mobile phones and will rush to forum, to create hold-bear-buy deep-sell-make predictions-post graphs-try to act as an analytic posts. But the fact is, the rocket isnt flying anywhere close to moon, it just flies parallel land

The media also plays a big role in creating the hype for the bull run or make us lose all hopes when the price is moving downwards. The twiiter, facebook crypto groups, the telegram groups all contribute to develop this kind of mood and when btcoin does not move like a rocket, its creates panic and frustrations among the holders.
We need to be realistic and look at the long term aspect on the bitcoin bullishness.

[kotajikikox]

This is so amazing to observe how easy it is to manipulate people. Every time Bitcoin price looses several thousands, and topics with content "hold" and "we are going to the bottom" appear immediately. Every time Bitcoin prices gains several thousands in short period after a loss, and topics "recovered", "rocket", "bull trend" appear in to time. Bitcoin is not a rocket, we are not even close to ATH, and in fact, we are on the same level we were month ago. Conclusion, in a month nothing has changed with Bitcoin price.

That's kinda normal in any social media platforms, forums, and other Cryptocurrency discussion websites. People would always talk about the price because that's the main reason of our concern. Though we have a different perception when Bitcoin dips or rise.
People tend to calm themselves seeing positive reviews and predictions during the bearish season, and will probably try to tell people to hold and accumulate more when Bitcoin is on a bullish momentum (which should be the other way around)
After all, we are all trying to manipulate the people forcing them to believe what we think is right for Bitcoin lol.

You are right, this is kinda usual for us. So what is now? We have -2-4% from yesterdays highest price. Soon people would wake up, check cmc, coingecko or any other tracker on their mobile phones and will rush to forum, to create hold-bear-buy deep-sell-make predictions-post graphs-try to act as an analytic posts. But the fact is, the rocket isnt flying anywhere close to moon, it just flies parallel land

The media also plays a big role in creating the hype for the bull run or make us lose all hopes when the price is moving downwards. The twiiter, facebook crypto groups, the telegram groups all contribute to develop this kind of mood and when btcoin does not move like a rocket, its creates panic and frustrations among the holders.
We need to be realistic and look at the long term aspect on the bitcoin bullishness.

social media nowadays are not literally helping people in right manner instead those has been used for abuse and negativities.
even scammers and liars are luring around social media and trolls as well, so best not to just listen to social medias but find your answers in legit sites that explains them all.
Rocket mood is not happening now and may not be coming any time soon as the market is showing weakening and may have a drop badly in the following days or weeks.

[leea-1334]

What about now that the price drops back to 41k , so where is the strengthened here? and where is the recovering? i find it nothing there?

Ha,,, how is this not a good thing that Bitcoin has recovered to above 40k and now stayed there for over one week? This is not nothing, this is a great show of how strong the levels can be above 40k despite price being 33k not so long ago.

It would be highly unhealthy to grow above 33k to 45k and then keep growing right?

[Slow death]

This is so amazing to observe how easy it is to manipulate people. Every time Bitcoin price looses several thousands, and topics with content "hold" and "we are going to the bottom" appear immediately. Every time Bitcoin prices gains several thousands in short period after a loss, and topics "recovered", "rocket", "bull trend" appear in to time. Bitcoin is not a rocket, we are not even close to ATH, and in fact, we are on the same level we were month ago. Conclusion, in a month nothing has changed with Bitcoin price.

That's kinda normal in any social media platforms, forums, and other Cryptocurrency discussion websites. People would always talk about the price because that's the main reason of our concern. Though we have a different perception when Bitcoin dips or rise.
People tend to calm themselves seeing positive reviews and predictions during the bearish season, and will probably try to tell people to hold and accumulate more when Bitcoin is on a bullish momentum (which should be the other way around)
After all, we are all trying to manipulate the people forcing them to believe what we think is right for Bitcoin lol.

You are right, this is kinda usual for us. So what is now? We have -2-4% from yesterdays highest price. Soon people would wake up, check cmc, coingecko or any other tracker on their mobile phones and will rush to forum, to create hold-bear-buy deep-sell-make predictions-post graphs-try to act as an analytic posts. But the fact is, the rocket isnt flying anywhere close to moon, it just flies parallel land

The media also plays a big role in creating the hype for the bull run or make us lose all hopes when the price is moving downwards. The twiiter, facebook crypto groups, the telegram groups all contribute to develop this kind of mood and when btcoin does not move like a rocket, its creates panic and frustrations among the holders.
We need to be realistic and look at the long term aspect on the bitcoin bullishness.

social media nowadays are not literally helping people in right manner instead those has been used for abuse and negativities.
even scammers and liars are luring around social media and trolls as well, so best not to just listen to social medias but find your answers in legit sites that explains them all.
Rocket mood is not happening now and may not be coming any time soon as the market is showing weakening and may have a drop badly in the following days or weeks.

talking about this subject, one of the very sad things that I have often seen on youtube are people who create youtube channels to talk about bitcoin something that would even be good but if they talk about credible and true information, these people keep talking about ponzi scheme and also about bounty scam sites, something very sad, if a channel has more than 5000 members we are talking that at least more than 500 will be falling for these scams

[Baofeng]

What about now that the price drops back to 41k , so where is the strengthened here? and where is the recovering? i find it nothing there?

Ha,,, how is this not a good thing that Bitcoin has recovered to above 40k and now stayed there for over one week? This is not nothing, this is a great show of how strong the levels can be above 40k despite price being 33k not so long ago.

It would be highly unhealthy to grow above 33k to 45k and then keep growing right?

Still a healthy movement though, reaching $43k and have a higher chance of breaking $44k-$45k this month. So I guess the strength is still there no matter what the FUD or what geo-politics is (a Russia vs Ukraine confrontation). At least so far, we are not affected by any news and on the contrary the price slowly picking up in the middle of the month.

[leea-1334]

It would be highly unhealthy to grow above 33k to 45k and then keep growing right?

Still a healthy movement though, reaching $43k and have a higher chance of breaking $44k-$45k this month. So I guess the strength is still there no matter what the FUD or what geo-politics is (a Russia vs Ukraine confrontation). At least so far, we are not affected by any news and on the contrary the price slowly picking up in the middle of the month.

Russia v Ukraine is a difficult one for me to understand how it will impact but in general wars are not good for the economy, never for stock markets. Instability is the pure enemy for markets so if the invasion really happens,,, it is bad news for many months I would say.

Oil will be the only thing going up in the post-invasion scenario if Russia holds all the reserves.

[TravelMug]

Bitcoin price increase day by day and today touched $44k+.Previous week bitcoin price around $40k+ but this week bitcoin price growing. And all coin price growing up and market is green now.I think It's big chance to hit bitcoin will reach $50k+ this month. I Think bitcoin need to just positive momentum at the markt.I hope bitcoin price will be more increase and more development in this year.

Yeah, but we are still far cry from the rocket that the OP has describing, yes it's good that we are somewhat in the range of $50k'ish, but there are barriers along the way. I know that we did touch $45k, but just for a brief moment. So let's not talk about $50k, we should be looking at $45k-$48k barrier in the short term.

[lienfaye]

Bitcoin price increase day by day and today touched $44k+.Previous week bitcoin price around $40k+ but this week bitcoin price growing. And all coin price growing up and market is green now.I think It's big chance to hit bitcoin will reach $50k+ this month. I Think bitcoin need to just positive momentum at the markt.I hope bitcoin price will be more increase and more development in this year.

Yeah, but we are still far cry from the rocket that the OP has describing, yes it's good that we are somewhat in the range of $50k'ish, but there are barriers along the way. I know that we did touch $45k, but just for a brief moment. So let's not talk about $50k, we should be looking at $45k-$48k barrier in the short term.

The movement of Bitcoin now is way better, correction is happening but the price is still bouncing back. We might not hold the $45k price for long but its a good indication that the market is recovering slowly.

Anyway I dont think we can reach the $50k price for this month because there's no consistent increase. However we know there's always a possibility for that to happen. The problem is some investors are taking profit for short term. It might be the reason why the upward movement this past few days are often followed by a declined.

[lizarder]

The Bitcoin market witnessed an intermittent price rocket movement in the early hours of today as Bitcoin price was standing at $37k at the early hours of Friday but jumped to $40,300 towards the late hours of today this is a movement that surpassed our expectations.

Source of the chart: https://coinmarketcap.com/currencies/bitcoin/
With so much good news around Bitcoin from various countries around the world adopting Bitcoin after El Salvador made the first move Bitcoin is in another phase for mainstream operation.

From one week ago bitcoin has been progressing, there is an upward movement although not so big, many people say bitcoin will return to a good trend, if you pay attention to the market for now there is a level of stability for the bitcoin price, so is this an early bullish point to reach the recovery phase correction, or this move just smacks investors to keep buying, then bitcoin will return to a steeper path, but I think a bullish point outweighs a sharp decline going forward.

[Wiwo]

The Bitcoin market witnessed an intermittent price rocket movement in the early hours of today as Bitcoin price was standing at $37k at the early hours of Friday but jumped to $40,300 towards the late hours of today this is a movement that surpassed our expectations.
Source of the chart: https://coinmarketcap.com/currencies/bitcoin/
With so much good news around Bitcoin from various countries around the world adopting Bitcoin after El Salvador made the first move Bitcoin is in another phase for mainstream operation.

From one week ago bitcoin has been progressing, there is an upward movement although not so big, many people say bitcoin will return to a good trend, if you pay attention to the market, for now, there is a level of stability for the bitcoin price, so is this an early bullish point to reach the recovery phase correction, or this move just smacks investors to keep buying, then bitcoin will return to a steeper path, but I think a bullish point outweighs a sharp decline going forward.

Well, the entire market is in a stable mode after a few weeks of downtrend Bitcoin recovered back to $45,000 or above before settling at its current price, the fact is if the movement continues this way then before the end of the first quarter of this year 2022 Bitcoin will be able to move an edge above what we currently seeing. Bitcoin has tried severally to reclaim the last all-time high but the resistance level is quite high coupled with the market volatility and Funds.

[antmex]

Bitcoin is still on a critical level. Failed again to break the 44160 level. Expecting a move downwards. Watching the 41700 level here. There are 2 possible scenarios: https://de.tradingview.com/x/DF3Dvb74

[arwin100]

The Bitcoin market witnessed an intermittent price rocket movement in the early hours of today as Bitcoin price was standing at $37k at the early hours of Friday but jumped to $40,300 towards the late hours of today this is a movement that surpassed our expectations.
Source of the chart: https://coinmarketcap.com/currencies/bitcoin/
With so much good news around Bitcoin from various countries around the world adopting Bitcoin after El Salvador made the first move Bitcoin is in another phase for mainstream operation.

From one week ago bitcoin has been progressing, there is an upward movement although not so big, many people say bitcoin will return to a good trend, if you pay attention to the market, for now, there is a level of stability for the bitcoin price, so is this an early bullish point to reach the recovery phase correction, or this move just smacks investors to keep buying, then bitcoin will return to a steeper path, but I think a bullish point outweighs a sharp decline going forward.

Well, the entire market is in a stable mode after a few weeks of downtrend Bitcoin recovered back to $45,000 or above before settling at its current price, the fact is if the movement continues this way then before the end of the first quarter of this year 2022 Bitcoin will be able to move an edge above what we currently seeing. Bitcoin has tried severally to reclaim the last all-time high but the resistance level is quite high coupled with the market volatility and Funds.

But before that to happen maybe we need to look at the global issues happening since if there's still tension happening for example with Ukraine and Russia then maybe bitcoin might possibly affected on it since it can create crisis after all. But once they pass thru that situation without going into war maybe we can get back to its natural movements and might we see it recovered.

[Oasisman]

The Bitcoin market witnessed an intermittent price rocket movement in the early hours of today as Bitcoin price was standing at $37k at the early hours of Friday but jumped to $40,300 towards the late hours of today this is a movement that surpassed our expectations.
Source of the chart: https://coinmarketcap.com/currencies/bitcoin/
With so much good news around Bitcoin from various countries around the world adopting Bitcoin after El Salvador made the first move Bitcoin is in another phase for mainstream operation.

From one week ago bitcoin has been progressing, there is an upward movement although not so big, many people say bitcoin will return to a good trend, if you pay attention to the market, for now, there is a level of stability for the bitcoin price, so is this an early bullish point to reach the recovery phase correction, or this move just smacks investors to keep buying, then bitcoin will return to a steeper path, but I think a bullish point outweighs a sharp decline going forward.

Well, the entire market is in a stable mode after a few weeks of downtrend Bitcoin recovered back to $45,000 or above before settling at its current price, the fact is if the movement continues this way then before the end of the first quarter of this year 2022 Bitcoin will be able to move an edge above what we currently seeing. Bitcoin has tried severally to reclaim the last all-time high but the resistance level is quite high coupled with the market volatility and Funds.

If Bitcoin continues the same movement, this could mean that the next recovery will break the resistance level and might stabilized around the region of $50k after the first quarter of the year.
I wasn't really expecting that Bitcoin didn't really had the sharpest correction like the 2018 bear season. All I can see now is Bitcoin gradually heading an upward movement that will possibly move closer to the ATH.

[Chato1977]

Bitcoin is still on a critical level. Failed again to break the 44160 level. Expecting a move downwards. Watching the 41700 level here. There are 2 possible scenarios: https://de.tradingview.com/x/DF3Dvb74

That is really a sad news , another fall from 44k down to 41k? meaning the possibilites of dropping back to 30k level once again? I May sell now and Buy again there? 

____________________________________
still bitcoin does not having a MOOD of Rocket instead this shows another chance to dump back.

[Maslate]

Bitcoin is still on a critical level. Failed again to break the 44160 level. Expecting a move downwards. Watching the 41700 level here. There are 2 possible scenarios: https://de.tradingview.com/x/DF3Dvb74

That is really a sad news , another fall from 44k down to 41k? meaning the possibilites of dropping back to 30k level once again? I May sell now and Buy again there? 

____________________________________
still bitcoin does not having a MOOD of Rocket instead this shows another chance to dump back.

Meaning, it gives us another chance to buy at a cheaper price as the same thing possibly happens, it surges back high after this short correction. By taking this opportunity, we are simply making a way to gain more and got to understand that the market will move in a very unpredictable trend. And we have to understand that the market trend will not be always at high, drops is still inevitable that we need to be prepare all the time of possible.

We don't have to miss this again, otherwise regrets later.

[arufox]

The crypto market has been in bullish momentum at the moment. The price of bitcoin has surged again since the last few days, it is seen that bitcoin price movements are experiencing a bullish trend due to a strong price increase of up to 10%. it is likely that the bitcoin price is ready to continue its rise even higher to set a high price level in the next few weeks.

[Jating]

The crypto market has been in bullish momentum at the moment. The price of bitcoin has surged again since the last few days, it is seen that bitcoin price movements are experiencing a bullish trend due to a strong price increase of up to 10%. it is likely that the bitcoin price is ready to continue its rise even higher to set a high price level in the next few weeks.

I would agree if you put this comment like 3 days ago. But if you look at the price, bitcoin goes down in the last 24 hours by 6% or higher. So it's better to check the price first before you put down your comment here. So there is no rocket mood this week, we have been affected by the news recently, Russia vs Ukraine war. But I do believed that this is going to be short term, as we could bounce back again and try to test $45k late next week.

[Wiwo]

The crypto market has been in bullish momentum at the moment. The price of bitcoin has surged again since the last few days, it is seen that bitcoin price movements are experiencing a bullish trend due to a strong price increase of up to 10%. it is likely that the bitcoin price is ready to continue its rise even higher to set a high price level in the next few weeks.

I would agree if you put this comment like 3 days ago. But if you look at the price, bitcoin goes down in the last 24 hours by 6% or higher. So it's better to check the price first before you put down your comment here. So there is no rocket mood this week, we have been affected by the news recently, Russia vs Ukraine war. But I do believed that this is going to be short-term, as we could bounce back again and try to test $45k late next week.

That's right in the last three days the cryptocurrency market has been on a declining trend but in the previous week, there were bullish signs, so much news has pushed the price of bitcoin to what it is today but am not given up on the possibility of Bitcoin bouncing back to $45k or above as it did in the last two weeks. The price can move in whatever direction the trend goes and that how volatile the market can be, in the last 12 hours Bitcoin relied so much on around 40,300 prices and it moving below that now let's hope it doesn't correct back to 30k price as it did a couple of weeks back.

[coolcoinz]

The crypto market has been in bullish momentum at the moment. The price of bitcoin has surged again since the last few days, it is seen that bitcoin price movements are experiencing a bullish trend due to a strong price increase of up to 10%. it is likely that the bitcoin price is ready to continue its rise even higher to set a high price level in the next few weeks.

I would agree if you put this comment like 3 days ago. But if you look at the price, bitcoin goes down in the last 24 hours by 6% or higher. So it's better to check the price first before you put down your comment here. So there is no rocket mood this week, we have been affected by the news recently, Russia vs Ukraine war. But I do believed that this is going to be short term, as we could bounce back again and try to test $45k late next week.

Which is a huge overreaction. First of all, there's no war at this point, just tension on the border, yet the market drops 10%. Another thing is that the world is huge and these two countries aren't 10% of world's GDP. Russia itself is estimated to have a 3% share, but if it were to invade Ukraine, you'd probably get a crash on the global markets. If an invasion crash happens it's going to be a n enormous opportunity to invest. Remember that bitcoin is a global decentralized currency. Do you think that people in Africa or India care if Russia has a land access to Crimea or not? They'll still use their bitcoins regardless of the outcome.

[Uang_kartal]

It's a big jump where the bitcoin price is again trading in the $43K range. This area can be a determinant of Bitcoin's future direction. The current area has the potential to be a strong resistance for Bitcoin at the moment. If the $43K area is able to stay it's a confirmation that Bicoin is ready for its Bull trend again. May this hike be a beautiful moment for all of us.

Maybe, that's the hope we can all get back to that level, half the success of bitcoin has disappeared from the very good ATH. Of course I agree with other friends and you too.
Behind the price which is quite pensive, if indeed a jump is needed, will it only affect countries that adopt bitcoin as a means of payment for that country? It takes time to thoroughly program in several countries in the future for a consideration, I am quite sure and optimistic about this will happen but slowly and gradually. for a digital exchange asset for the common people.

Some important news that happened and the market day to day, I hope bearish and price stability rebounded.