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Author Topic: Bitcoin touched $43k, from $33k in two weeks  (Read 1289 times)
michellee
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February 09, 2022, 05:47:09 AM
 #61

I wonder how the lower bitcoin price will go down because it seems the price does not move anywhere and stay at a price now. But it could be dropped for a little and stay again at a lower price. That is something that we need to anticipate, but some people who already sold their bitcoin at $45k yesterday can start placing their order at $40k-$43k because who knows, the price will touch that price bounce like before. There is no sign where the bitcoin price will go, but the correction is not over yet.
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February 09, 2022, 06:48:28 AM
 #62

I wonder how the lower bitcoin price will go down because it seems the price does not move anywhere and stay at a price now. But it could be dropped for a little and stay again at a lower price. That is something that we need to anticipate, but some people who already sold their bitcoin at $45k yesterday can start placing their order at $40k-$43k because who knows, the price will touch that price bounce like before. There is no sign where the bitcoin price will go, but the correction is not over yet.
This kind of development is very much needed by traders, where they have to monitor the market and take advantage of price corrections to make a profit. but when the big investors have arrived then the trend may change, along with the news that supports the development of bitcoin. Until now I don't think it's clear whether this bear market will end
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February 09, 2022, 06:54:40 AM
 #63

Well, its good to be aware of the news that can impact the movement of the market because we can get an idea on whats happening and understand why the Bitcoin and altcoins are moving on that direction.

If people are in Bitcoin and not know that news can and always has affected market situations,,, then I guess they have a lot to learn. If you went to any basic school you learn a bit about economy and the past market crashes like the great depression.

This does not equip you with any better knowledge about where the market will move though. Hence people think they can always outguess and get rich in the process.

Hodl Bitcoin.

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February 10, 2022, 05:14:45 AM
 #64

I wonder how the lower bitcoin price will go down because it seems the price does not move anywhere and stay at a price now. But it could be dropped for a little and stay again at a lower price. That is something that we need to anticipate, but some people who already sold their bitcoin at $45k yesterday can start placing their order at $40k-$43k because who knows, the price will touch that price bounce like before. There is no sign where the bitcoin price will go, but the correction is not over yet.
This kind of development is very much needed by traders, where they have to monitor the market and take advantage of price corrections to make a profit. but when the big investors have arrived then the trend may change, along with the news that supports the development of bitcoin. Until now I don't think it's clear whether this bear market will end
The bear market is sure going to come to an end, but it is not as some people have been saying it. Some people are making it seem that it is something that would happen as soon as possible, but I don’t really think that is going to be the case. This bear trend is definitely going to stay around for a long term, and we should be ready for it. If that you haven’t invested yet, and you are someone who is interested in being a long term investor, then now would be the perfect time For you to also get yourself prepared for the future of the increase that would take place in the market.

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February 10, 2022, 02:08:07 PM
 #65

Yes, the market has been bullish, but I think this is just the regular bullish of the market that wouldn’t really get the price to any too high price like getting to the point of reaching an all time high price. But this is quite good, especially for those who always have plans of getting in and out within a short term. But for someone who has plans of long term, then the time is not yet right.

The market is doing quite well, and all of us are looking towards further increase in price for now. Although this is not the first time it has done this as of this year and of last year, the price did go from around $30,000 price To over 40K and then it still wrapped back. Let’s see how stable it is going to be now and whether it would continue to push further upwards.

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February 10, 2022, 02:30:23 PM
 #66

Yes, the market has been bullish, but I think this is just the regular bullish of the market that wouldn’t really get the price to any too high price like getting to the point of reaching an all time high price. But this is quite good, especially for those who always have plans of getting in and out within a short term. But for someone who has plans of long term, then the time is not yet right.

The market is doing quite well, and all of us are looking towards further increase in price for now. Although this is not the first time it has done this as of this year and of last year, the price did go from around $30,000 price To over 40K and then it still wrapped back. Let’s see how stable it is going to be now and whether it would continue to push further upwards.
It all be good now, actually. But somehow, many are still thinking about a trap and consider this current situation a curse for them to lose. In fact, I don't see it either. Instead, we gonna see it moving high and reach back to $45k.

Honestly, I was very optimistic about the incoming. Not to say we gonna be in stable movement as volatility is still there but just to give hope that we experience more on the pumps rather than of correction. Whether people are right saying it was a BULL Trap but for me, I'm ready for it as I invest already. Perhaps, we are clueless which give me no worry.
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February 10, 2022, 02:36:47 PM
 #67

The same speculation and also many people now thinking that the price might surge or dump based on my technical analysis might be a bull trap but again it changes because of the market trend and graph so might be the whales play for a while or it's another uptrend as for now the price of the BTC already touches at the 45k USD and there's a whale drop a 1k USD the reason why it down again to the 43-45k price still we need some confirmation again if this year will be another ATH.

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February 10, 2022, 02:55:20 PM
 #68

What a great move in bitcoin price. Bitcoin price is now stable and increasing day by day. After a big dump from 67000$ to 33000$. And now what a great pump of 10,000$ in just 2 weeks. But alt coins are still not pumping. I hope that alts coin season will start soon. When price of bitcoin is  getting stable. Now, most of alt coins are available at bottom price. So, its the best time to take entry in alts coin. I hope this year will good for bitcoin. And its price will reach to 100,000$ until December 2022. So, keep your holding tight.

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michellee
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February 10, 2022, 03:47:41 PM
 #69

This kind of development is very much needed by traders, where they have to monitor the market and take advantage of price corrections to make a profit. but when the big investors have arrived then the trend may change, along with the news that supports the development of bitcoin. Until now I don't think it's clear whether this bear market will end
Finally, the situation changes as the price is already back to $45k, according to coinmarketcap and Binance but then it is down for a while. The price gets pumped in a second and makes the price fly. Hopefully, it will go back to $45k and break $46k. The bitcoin market also impacts the altcoins market and makes many altcoins increase and it could get more pump for some coins.

Bitcoin has become stronger now, so it is better to set an order sell if you want to sell your bitcoin. But if you still want to hold bitcoin for more, that will be okay.
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February 10, 2022, 11:07:05 PM
 #70

Well, its good to be aware of the news that can impact the movement of the market because we can get an idea on whats happening and understand why the Bitcoin and altcoins are moving on that direction.

If people are in Bitcoin and not know that news can and always has affected market situations,,, then I guess they have a lot to learn. If you went to any basic school you learn a bit about economy and the past market crashes like the great depression.

This does not equip you with any better knowledge about where the market will move though. Hence people think they can always outguess and get rich in the process.

Hodl Bitcoin.
You know what they say, there is not really better teacher than experience, it is easy for people to think that they are going to come to this market and that they will make a lot of money, but it is not until they experiment a drop in the price of bitcoini n which we can tell if they have what is necessary to succeed or not, after all how many people got scared and sold their coins when the price of bitcoin dropped? I think many people did that and now they are probably lamenting their luck, when in fact luck had nothing to do with it, and it was their lack of experience what made them to lose their money during that drop.
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February 11, 2022, 12:02:30 AM
Last edit: February 11, 2022, 02:08:19 AM by carlisle1
 #71

You know what they say, there is not really better teacher than experience, it is easy for people to think that they are going to come to this market and that they will make a lot of money, but it is not until they experiment a drop in the price of bitcoini n which we can tell if they have what is necessary to succeed or not, after all how many people got scared and sold their coins when the price of bitcoin dropped? I think many people did that and now they are probably lamenting their luck, when in fact luck had nothing to do with it, and it was their lack of experience what made them to lose their money during that drop.


Nothing to say, it's pretty normal to act like that when you are unaware of the business that you are taking, experienced helps a lot

when deciding in each situation that you are experiencing inside the market, it's tough seeing your money quickly depreciating while holding

your bitcoin, fear simply conquering you and the next thing you know, you already sell and lose portions of your invested money. If you are still

on the game, you'll take that as opportunities to learn and adjustment will give you good insight into what's your next plan to convert each sway to

favor you.
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February 11, 2022, 12:26:45 AM
 #72

It all be good now, actually. But somehow, many are still thinking about a trap and consider this current situation a curse for them to lose. In fact, I don't see it either. Instead, we gonna see it moving high and reach back to $45k.
It's not odd, I mean if you were to look at what the past looked like, there have been many instances of traps in the market that happened. I mean it wouldn't be that odd for another dump to happen, and by then people would really be fearful and probably sell. I'd honestly just take it as a good sign that the market is slowly recovering, I just hope no big pumps happen since that again might cause the market to crash down to even lower levels than what we have right now.

 
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February 11, 2022, 02:46:12 AM
 #73

It all be good now, actually. But somehow, many are still thinking about a trap and consider this current situation a curse for them to lose. In fact, I don't see it either. Instead, we gonna see it moving high and reach back to $45k.
It's not odd, I mean if you were to look at what the past looked like, there have been many instances of traps in the market that happened. I mean it wouldn't be that odd for another dump to happen, and by then people would really be fearful and probably sell. I'd honestly just take it as a good sign that the market is slowly recovering, I just hope no big pumps happen since that again might cause the market to crash down to even lower levels than what we have right now.

That's correct, many traps in the past has been set, when we thought that we are in a bull run, suddenly the price will go south. And then it will rebound again, as it someone behind is playing the market for us. So just like what I said in the past, be wary and cautious of the sudden spike in 2 weeks, the more we grow the higher we fall, just saying.

 
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michellee
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February 11, 2022, 04:12:22 AM
 #74

This kind of development is very much needed by traders, where they have to monitor the market and take advantage of price corrections to make a profit. but when the big investors have arrived then the trend may change, along with the news that supports the development of bitcoin. Until now I don't think it's clear whether this bear market will end
Finally, the situation changes as the price is already back to $45k, according to coinmarketcap and Binance but then it is down for a while. The price gets pumped in a second and makes the price fly. Hopefully, it will go back to $45k and break $46k. The bitcoin market also impacts the altcoins market and makes many altcoins increase and it could get more pump for some coins.

Bitcoin has become stronger now, so it is better to set an order sell if you want to sell your bitcoin. But if you still want to hold bitcoin for more, that will be okay.

We all certainly hope that Bitcoin can return to the ATH price soon, and see the current movement of Bitcoin, I'm pretty optimistic that can happen.
But for now we do need to see Bitcoin rise above $45k first, hopefully in the near future Bitcoin can rise above the price of $ 45k. If that happens
the price of altcoins will also increase, and it can attract more new investors to join. I myself like long term investment, so I will continue to buy
Bitcoin regularly until the target I want is achieved. Because I believe the price of Bitcoin this year will perform better than the previous year.
The correction is coming again. You have what you want as bitcoin gets another correction to prepare your money and place your order. I hope you can place your order buy at the much lower price with not too big order buy amount so you will get various buying price.

I consider this is a weekly correction so hopefully, in the next week, bitcoin can rise above the last high price yesterday. I believe sooner or later, the price will be back to the last ATH.
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February 11, 2022, 07:11:30 AM
 #75

I looked at the graphs of several cryptos and it is clear that bitcoin has now entered the green zone status and it is possible that the bear market will leave the bearish status and now fly away with the bullrun. it's almost too late for those who expect the bear market to go down again, but the reality of the bear market is no longer waiting for the losers who expect another fall. bitcoin has been able to rise from a slumping price of $33k so that the current market price of $43k is really strong support this week.

I think Bitcoin at 43K is  certainly above psychological barrier but I won't be comfortable unless it breaks 200 DMA which is somewhere around  above 50K, then we will be sure that Bitcoin is in Bullish zone. During the current week Bitcoin is consistently getting  rejection above 45K which is worry some. The next strong resistance is at 46,200 which hopefully will be broken during the month of February.

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February 11, 2022, 07:15:13 AM
 #76

I looked at the graphs of several cryptos and it is clear that bitcoin has now entered the green zone status and it is possible that the bear market will leave the bearish status and now fly away with the bullrun. it's almost too late for those who expect the bear market to go down again, but the reality of the bear market is no longer waiting for the losers who expect another fall. bitcoin has been able to rise from a slumping price of $33k so that the current market price of $43k is really strong support this week.

I think Bitcoin at 43K is  certainly above physiological barrier but I won't be comfortable unless it breaks 200 DMA which is somewhere around  above 50K, then we will be sure that Bitcoin is in Bullish zone. During the current week Bitcoin is consistently getting  rejection above 45K which is worry some. The next strong resistance is at 46,200 which hopefully will be broken during the month of February.

We will see, if the price going forward is bullish, that barrier should not be a problem as the current price is still way lower compared to the ATH of bitcoin which was achieved last year. Going forward, we don't know if the correction is already over and what is happening is just a bull trap but eventually the price will dump.

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February 11, 2022, 02:01:01 PM
 #77

This kind of development is very much needed by traders, where they have to monitor the market and take advantage of price corrections to make a profit. but when the big investors have arrived then the trend may change, along with the news that supports the development of bitcoin. Until now I don't think it's clear whether this bear market will end
Finally, the situation changes as the price is already back to $45k, according to coinmarketcap and Binance but then it is down for a while. The price gets pumped in a second and makes the price fly. Hopefully, it will go back to $45k and break $46k. The bitcoin market also impacts the altcoins market and makes many altcoins increase and it could get more pump for some coins.

Bitcoin has become stronger now, so it is better to set an order sell if you want to sell your bitcoin. But if you still want to hold bitcoin for more, that will be okay.

We all certainly hope that Bitcoin can return to the ATH price soon, and see the current movement of Bitcoin, I'm pretty optimistic that can happen.
But for now we do need to see Bitcoin rise above $45k first, hopefully in the near future Bitcoin can rise above the price of $ 45k. If that happens
the price of altcoins will also increase, and it can attract more new investors to join. I myself like long term investment, so I will continue to buy
Bitcoin regularly until the target I want is achieved. Because I believe the price of Bitcoin this year will perform better than the previous year.
The correction is coming again. You have what you want as bitcoin gets another correction to prepare your money and place your order. I hope you can place your order buy at the much lower price with not too big order buy amount so you will get various buying price.

I consider this is a weekly correction so hopefully, in the next week, bitcoin can rise above the last high price yesterday. I believe sooner or later, the price will be back to the last ATH.

we could only think that the correction will be back again if the price of bitcoin falls below $40,000 again, while the price is accumulating above $42000 it will go up very soon, but if the price drops below $40,000 then we will see another correction that can pull the price below $35000

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February 11, 2022, 02:02:12 PM
 #78

If people are in Bitcoin and not know that news can and always has affected market situations,,, then I guess they have a lot to learn. If you went to any basic school you learn a bit about economy and the past market crashes like the great depression.

This does not equip you with any better knowledge about where the market will move though. Hence people think they can always outguess and get rich in the process.

Hodl Bitcoin.
You know what they say, there is not really better teacher than experience, it is easy for people to think that they are going to come to this market and that they will make a lot of money, but it is not until they experiment a drop in the price of bitcoini n which we can tell if they have what is necessary to succeed or not, after all how many people got scared and sold their coins when the price of bitcoin dropped? I think many people did that and now they are probably lamenting their luck, when in fact luck had nothing to do with it, and it was their lack of experience what made them to lose their money during that drop.

I definitely can back this up,,, I learned very hard lessons in the early periods when I got into crypto. At least I knew I could lose money,,, I just did not know I would lose almost all of it investing in crap. Everything that survived well had a true utility, and nothing beats that factor for Bitcoin, followed by Ethereum.

But I guess some people need many lessons. But they find it in the wrong place, predictions.

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February 11, 2022, 02:52:02 PM
 #79

The crypto market is not stable currencies fluctuate and become popular as prices fluctuate the market can be a big pump so it's a good time to hold on. Bitcoin is basically a transaction like shares or currencies in the world of internet so its price fluctuates regularly the dollar or the euro itself is the medium of exchange in some countries of the world. Bitcoin is used as its own currency to a limited extent it is expected that the price of bitcoin will increase a lot with the price of bitcoin.
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February 11, 2022, 05:40:28 PM
 #80

In my opinion, the price of bitcoin will still experience a bullish trend in the midst of a green market like today. Although later the price will drop occasionally and that is only natural because crypto prices often experience rapid increases and decreases. Therefore it seems that the next bitcoin price target will be around $48k within this week.

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