Bitcoin touched $43k, from $33k in two weeks

[Chato1977]

Bitcoin has pumped by 30% in last two weeks as the value of bitcoin was $32917 (lowest on that day) on 24tg January 2022 and it touched $43000 today and this can't be bull trap as its a sure signal that Bitcoin is rallying towards $50k once again.

don't take it seriously mate because the market is still on the same positioning meaning we are still not seeing a great movement instead we are still in the midst of pumping or dumping till now.

I thought it's a bull trap but there will not be a leverage of 30% for bulltrap and I have decided to invest back into crypto and infact cashed in once it crossed $42k. What's your take on Bitcoin price?

who can tell? it can be a bulltrap mate because look at the market is there any sign of Bull running?

[dezoel]

The increase from $33 to $43 or more than 25% has happened several times, even when in 2013 it was up more than 129% and until now it was the highest bitcoin day increase record that I have ever known, this proves that bitcoin has good power to skyrocketed so I'm not afraid to invest and hold in the long term.

We are talking about the type of fall that wouldn't be a big problem for bitcoin, and the type of increase that's not even a big news to me anymore. I mean we have seen these type of increases and decreases many times before in the crypto world and we have to realize that we are in a situation where we should not be really that shocked about the volatility anymore.

It is definitely a bad thing when we go from 68k to under 40k, that was a bad one, and I understand why people would be terribly tired of seeing something like that again and again, we saw it literally twice in 2021 and it's bad. However the drop from over 40k to under 40k happened many times and it's alright.

[Yaunfitda]

From $33k up to $43k is the biggest increase since new ATH in november 2021, this proves that bitcoin investment can skyrocket and earn big profits even when the market looks like a negative trend, and I'm sure in 2022 there will be new ATH at least 3 times .

Still, remind me of how right you are if/when we get 3 ATHs over the next 9 months.

Really hard to see on how we are going to achieved that in the next 9 months unless billions of dollars are going to flow into the market, but where it will come? from the Russian oligarchs? I doubt it.

We might as well feel extremely bearish in 2022 and shoot down that idea of reaching ATH 3x this year, Lol. At least we won't get disappointed by going bearish.

[lixer]

We are talking about the type of fall that wouldn't be a big problem for bitcoin, and the type of increase that's not even a big news to me anymore. I mean we have seen these type of increases and decreases many times before in the crypto world and we have to realize that we are in a situation where we should not be really that shocked about the volatility anymore.

It is definitely a bad thing when we go from 68k to under 40k, that was a bad one, and I understand why people would be terribly tired of seeing something like that again and again, we saw it literally twice in 2021 and it's bad. However the drop from over 40k to under 40k happened many times and it's alright.

Unfortunately there are too many people who are scared of any fall that is over 10% and that has existed for too long. I have been here long enough to see millions of people get scared of bitcoin falls above 10%, and it always recovered, we have never failed to recover and even break ATH, it always happens but at the end of the day we are talking about something that is dangerously risky for all of us involved as well because them getting scared and selling causes the price to fall and we end up buying at those low prices and wait for it to go up, but it takes longer because of them.

[Reatim]

The increase from $33 to $43 or more than 25% has happened several times, even when in 2013 it was up more than 129% and until now it was the highest bitcoin day increase record that I have ever known, this proves that bitcoin has good power to skyrocketed so I'm not afraid to invest and hold in the long term.

Remember that bitcoin touched $68k in 2021 but bitcoin price reach $38k now.Bitcoin dropped  from $43 to to $33k.Russia and Ukraine war some effect for bitcoin dropping? Bitcoin and others coin are good relationship because when bitcoin price will up then all coin price will increase. I hope bitcoin price will be recover soon.

stop that war effect for a while because that does happen short time,  when the war started it did affect the market but in the long run? the price recovered in just 2 days time and now still handling around 37-42k in which the price when this thread created.
bitcoin will continue to flow in the following years so just don't mind it mate , continue holding that must you will do.

[buwaytress]

From $33k up to $43k is the biggest increase since new ATH in november 2021, this proves that bitcoin investment can skyrocket and earn big profits even when the market looks like a negative trend, and I'm sure in 2022 there will be new ATH at least 3 times .

Still, remind me of how right you are if/when we get 3 ATHs over the next 9 months.

Really hard to see on how we are going to achieved that in the next 9 months unless billions of dollars are going to flow into the market, but where it will come? from the Russian oligarchs? I doubt it.

We might as well feel extremely bearish in 2022 and shoot down that idea of reaching ATH 3x this year, Lol. At least we won't get disappointed by going bearish.

I get the excitement about institutional money, and I suppose oligarchies fall right into that category, but yeah, I still think retail interest is underestimated and their time isn't over. We're still going to need major mainstream consumer utility and demand to push us over into six-figure territory, which I'm certain the next range of ATHs should advance into.

[Quidat]

This is the biggest increase that has ever occurred in 2022, I'm sure bitcoin will shine again so don't hesitate to continue to store bitcoin, another thing that makes us optimistic is the very large transaction volume so it is a guarantee that the price can bounce again.

Just basing up alone that it is been placed on the top of the overall ranking does signify that community support is solid which does make us confident that this could really go for long term.
When it comes to increasing and decreasing behavior then it is really just normal because price couldnt really be that stable in the first place thats why these swings is something
that very common and for those who do have experience in the market will surely be taking these events just like ordinary days.

[Yaunfitda]

This is the biggest increase that has ever occurred in 2022, I'm sure bitcoin will shine again so don't hesitate to continue to store bitcoin, another thing that makes us optimistic is the very large transaction volume so it is a guarantee that the price can bounce again.

It's a good bounce and yet we are still in the $40k'ish, way below the last all time high we see last November. And it's been four months already and so far the market is not recovering. And we can do is hope but we should be prepared by anything that can happen. Be it that the price will spring up again to a new all time high or maybe it will go on a down ward spiral because of the ongoing war.

[Falconer]

It's a good bounce and yet we are still in the $40k'ish, way below the last all time high we see last November. And it's been four months already and so far the market is not recovering. And we can do is hope but we should be prepared by anything that can happen. Be it that the price will spring up again to a new all time high or maybe it will go on a down ward spiral because of the ongoing war.

The bitcoin price has again traded around $40K today which has fueled speculation of a bigger bull run in the coming days. I still think that this year $50K is still very likely to be achieved even though FUD has raised doubts among traders and big investors to invest.

Bitcoin is still a safe store of value for those willing to take the risk of volatility. They are long term holders who may be very optimistic about bitcoin's great potential in the future. I don't think it's good for everyone especially for those who don't have good capital management skills. Of course bitcoin still has great potential, but in the long run bitcoin investments will only be made by those who agree and don't really care about volatility.

[STT]

Today BTC is just pushing past the 50 day average, I would not take it as positive until it manages to make that momentum measure a surface to further gains.   So far we have just been moving sideways overall, hence the 50 day came into reach but it doesnt mean we especially beat it right now thats the final test of positivity.

[stepwilli]

I get the excitement about institutional money, and I suppose oligarchies fall right into that category, but yeah, I still think retail interest is underestimated and their time isn't over. We're still going to need major mainstream consumer utility and demand to push us over into six-figure territory, which I'm certain the next range of ATHs should advance into.

The point where people will be able to live fully with crypto, without ever having a need for cash fiat, will be the point where crypto goes to 6 figures easily, maybe even early 7 figures as well who knows. I mean think about a life where instead of having a card from your bank, you have a card from a coinbase or binance or whatever.

You keep crypto in it, but when you want to pay the seller gets whatever they want, if fiat then fiat, if crypto then crypto. It would cost some fee of course and high one at that during starting times but market will drop that with competition. This does exists in small scale but the wider usage it gets the better it will be.

[Chato1977]

Today BTC is just pushing past the 50 day average, I would not take it as positive until it manages to make that momentum measure a surface to further gains.   So far we have just been moving sideways overall, hence the 50 day came into reach but it doesnt mean we especially beat it right now thats the final test of positivity.

Wondering what would be the climb after this quarter as we are moving forward? its been 2 weeks more and we will entering the 2nd quarter in which mostly the suffering season.
but I'm not losing hope that we will still see the greatness of the market in the 3rd and 4th quarter.

[btc_angela]

It's a good bounce and yet we are still in the $40k'ish, way below the last all time high we see last November. And it's been four months already and so far the market is not recovering. And we can do is hope but we should be prepared by anything that can happen. Be it that the price will spring up again to a new all time high or maybe it will go on a down ward spiral because of the ongoing war.

The bitcoin price has again traded around $40K today which has fueled speculation of a bigger bull run in the coming days. I still think that this year $50K is still very likely to be achieved even though FUD has raised doubts among traders and big investors to invest.

Bitcoin is still a safe store of value for those willing to take the risk of volatility. They are long term holders who may be very optimistic about bitcoin's great potential in the future. I don't think it's good for everyone especially for those who don't have good capital management skills. Of course bitcoin still has great potential, but in the long run bitcoin investments will only be made by those who agree and don't really care about volatility.

Right, maybe it's because of the news on Ukraine signing law on the virtual assets that's why the price suddenly went into $40k? or it's just the market is slowly rebounding again after a week of going below $40k?

Hopefully more people are going to look at bitcoin in a positive way, safe storage of their wealth or just simply to invest their extra money to make more, specially for retail investors.

[Yaunfitda]

From $33k up to $43k is the biggest increase since new ATH in november 2021, this proves that bitcoin investment can skyrocket and earn big profits even when the market looks like a negative trend, and I'm sure in 2022 there will be new ATH at least 3 times .

Still, remind me of how right you are if/when we get 3 ATHs over the next 9 months.

Really hard to see on how we are going to achieved that in the next 9 months unless billions of dollars are going to flow into the market, but where it will come? from the Russian oligarchs? I doubt it.

We might as well feel extremely bearish in 2022 and shoot down that idea of reaching ATH 3x this year, Lol. At least we won't get disappointed by going bearish.

I get the excitement about institutional money, and I suppose oligarchies fall right into that category, but yeah, I still think retail interest is underestimated and their time isn't over. We're still going to need major mainstream consumer utility and demand to push us over into six-figure territory, which I'm certain the next range of ATHs should advance into.

Oligarchs is a wise businessman, I don't think that they will fall into the whales group. But just maybe they don't have a choice right now as Rubble is going to be worthless so they might have putting some on bitcoin. But as soon as everything normalizes, they will get out and what's left is for us average joe investors. Nevertheless we are the majority of investors, and speculators so we can keep the market alive till the next block halving and the eventual all time high.

[buwaytress]

I get the excitement about institutional money, and I suppose oligarchies fall right into that category, but yeah, I still think retail interest is underestimated and their time isn't over. We're still going to need major mainstream consumer utility and demand to push us over into six-figure territory, which I'm certain the next range of ATHs should advance into.

Oligarchs is a wise businessman, I don't think that they will fall into the whales group. But just maybe they don't have a choice right now as Rubble is going to be worthless so they might have putting some on bitcoin. But as soon as everything normalizes, they will get out and what's left is for us average joe investors. Nevertheless we are the majority of investors, and speculators so we can keep the market alive till the next block halving and the eventual all time high.

Wise or smart, I don't know. Old money is always smart by virtue of history, but if they're not institutional, what would you categorise them as? Their funds anyway probably are managed by other smart people (another aspect of old money) so if they're not already exposed to Bitcoin, there's no better motivation than a crippled ruble.

[STT]

Wondering what would be the climb after this quarter as we are moving forward? its been 2 weeks more and we will entering the 2nd quarter in which mostly the suffering season.
but I'm not losing hope that we will still see the greatness of the market in the 3rd and 4th quarter.

I think BTC can be positive but it wont be fast and easy progress, we'll see it challenged often still I label it as doing better then expected.   MY target upwards would be centered around the yearly averages, mostly this year I expect sideways price action to occur not the 100k some hope for.   Once this consolidation is done we can be more positive later

[carlisle1]

It's a good bounce and yet we are still in the $40k'ish, way below the last all time high we see last November. And it's been four months already and so far the market is not recovering. And we can do is hope but we should be prepared by anything that can happen. Be it that the price will spring up again to a new all time high or maybe it will go on a down ward spiral because of the ongoing war.

The bitcoin price has again traded around $40K today which has fueled speculation of a bigger bull run in the coming days. I still think that this year $50K is still very likely to be achieved even though FUD has raised doubts among traders and big investors to invest.

Bitcoin is still a safe store of value for those willing to take the risk of volatility. They are long term holders who may be very optimistic about bitcoin's great potential in the future. I don't think it's good for everyone especially for those who don't have good capital management skills. Of course bitcoin still has great potential, but in the long run bitcoin investments will only be made by those who agree and don't really care about volatility.

Right, maybe it's because of the news on Ukraine signing law on the virtual assets that's why the price suddenly went into $40k? or it's just the market is slowly rebounding again after a week of going below $40k?

Hopefully more people are going to look at bitcoin in a positive way, safe storage of their wealth or just simply to invest their extra money to make more, specially for retail investors.

We really can't tell if that particular information has that influence for the market to bounce back. Maybe there's an after effect.

though the chance that investors are seeing opportunities and they are placing their investment back and let the pump to push the value up,

the chance of seeing good bounce and maybe a small pump to attract other investors play again and start investing their extra money inside

This market. Looking forward to see more bounce even in a slow pace as long as there's positive rise still a good sign for traders and investors.

[Lorence.xD]

Bitcoin price now is something that is not constant and because of fluctuations up and down i don't think is nice to encourage any one who is beginner to buy Bitcoin at this time, because two days ago Bitcoin price were exactly 39k, 38k and today the bench line is 40k, so some one who by at this price of 40 will be expecting the price to clamps more higher for it to make profit why the price can go below expectations.

Isn't bitcoin that way for a long time ago? I don't think that what's happening to bitcoin right now isn't something that has happened recently because I am sure that the volatile nature of bitcoin has been present. I agree with what you're saying that you shouldn't encourage someone to buy right now but I think that it only applies to those who are not in the market for the long-term.

[tygeade]

The bitcoin price has again traded around $40K today which has fueled speculation of a bigger bull run in the coming days. I still think that this year $50K is still very likely to be achieved even though FUD has raised doubts among traders and big investors to invest.

Bitcoin is still a safe store of value for those willing to take the risk of volatility. They are long term holders who may be very optimistic about bitcoin's great potential in the future. I don't think it's good for everyone especially for those who don't have good capital management skills. Of course bitcoin still has great potential, but in the long run bitcoin investments will only be made by those who agree and don't really care about volatility.

Sure, the recovery of the price to 40k gives a good vibes but other than that we also have positive news like the ones related to the war and the recent one would be the executive order that said to bring positive effect in crypto. There's more great news compared to the bad ones so I don't think FUDs can win this time.

50k usd on the other hand can be reached effortlessly, it is just 10k dollars away. Maybe we can expect higher than that i.e 80 plus k dollars? if that happens then 100k won't be postponed anymore. Volatility in btc is important and it can be your ally to earn a better income so why would someone ignore it or wont care with it?

[fullhdpixel]

Oligarchs is a wise businessman, I don't think that they will fall into the whales group. But just maybe they don't have a choice right now as Rubble is going to be worthless so they might have putting some on bitcoin. But as soon as everything normalizes, they will get out and what's left is for us average joe investors. Nevertheless we are the majority of investors, and speculators so we can keep the market alive till the next block halving and the eventual all time high.

We didn't reach to a high level because they bought it. I mean if this was more like 34k to 70k because Oligarchs got in, I would understand but from the start of this war (even before) to right now, the price didn't change much, to which we can say that they did not have too much influence on the price movement.

This is why I believe that we should not be seeing too much work on it neither, we are probably going to just see some drops, here and there, but it won't be too big to change the momentum too much. It didn't help to get it higher, so it won't hurt it and take it lower. I do not mean not at all, just not big enough to matter at all.