Bitcoin in Rocket 🚀 mood.

[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.

[1715114976]

1715114976

[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