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Author Topic: BTC over 50k?  (Read 874 times)
btc78
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February 16, 2022, 10:42:43 AM
 #21

http://festyy.com/eaI4ss

Nonetheless, experts may seem to predict the current situation and that bitcoin will likely experience a steep drop in the upcoming months.
But is it really possible for bitcoin to achieve $50k by march? Given that the market is currently declining.
What are your thoughts on this?
LikE what everytime happens ?

Bitcoin may reach that or may not , because? it will always depend in Demand and supply, added the manipulations and the FUD?

50k is easy to break if that is intended of many investors, either big or small because this will dictate the movement and this will dictate the price .

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February 16, 2022, 11:48:21 AM
 #22

~
Nonetheless, experts may seem to predict the current situation and that bitcoin will likely experience a steep drop in the upcoming months.
But is it really possible for bitcoin to achieve $50k by march? Given that the market is currently declining.
What are your thoughts on this?
These so called experts failed their predictions many times before predicting a correct one like the one that you said and anybody can do it as well. After all, predicting what will happen to the market can be done by everyone.

$50,000 by March?? With what is happening on the market right now, it seems that it can reach that price. I'm very bearish within the past few weeks but since Bitcoin remained above $40,000 for quite some time already I think its time for me to change how I see the market and it seems that the bear market only lasted for a few weeks as well. $50,000 might be reached by March but if that reaches, there is a high chance that it will go below that price immediately creating a false breakout.

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February 16, 2022, 12:59:26 PM
 #23

BTC does seem positive to me.   For 50k we had better refer to weekly and at least daily bars, I think this view is trending upwards.   We did have a quite long period there from ATH downwards but it has resolved now and we maintain a trend up as far as I can see.

Last week was a challenge but the simple pattern of rising lows seems to remain intact.   Around 50k is the yearly average, so this would be somewhere we orbit around I think, next high should be a closer attempt then previous weeks.
Me too i'm very positive of that structure on the  higher time frame because it's obviously a pattern on the retest zone which is comfirming a reversal. Actually i have a screenshot here wherein a retest as well although it has different structure but its completely the same. I mean respecting the key levels and it showing a confirmation of uptrend as well.


Ps. Credit to the owner of the image
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February 16, 2022, 01:23:10 PM
 #24

We need to be very careful when we read something that says: "experts predicted the price will be $50k" after seeing this sentence ask yourself: how many times did these experts get their price predictions right?

I particularly saw that some even got their accurate predictions right but it was not quite as they predicted, what happened was the following:

they made a prediction that the price by the end of the year would be $25000, the end of the year arrived and nothing, after many months the price rose to $60,000

I don't know if we can consider this a correct prediction

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February 16, 2022, 02:14:38 PM
 #25

For now it is just hovering above $44k and it seems it cannot jump to the next resistance of $45k. So it's hard to predict if we can go to $50k as right now there are a lot of resistance that could prove a disaster if we are not going to break it. So we will see have are the predictions of others, but I will tend to lean and put a conservative estimates of around $50k the most for March.

I thought 45k WAS the resistance, not the next one Smiley I still think that if we spend this entire month above 40k or from now on til first week of March without ever breaking support at 40k,,, it will be the best news for anyone involved in Bitcoin. I do not think we need to see $50k now but March feels suitable for sure for that target. But again,,, even April or May is perfect to test it a few times and overcome it.

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February 16, 2022, 02:38:04 PM
 #26

http://festyy.com/eaI4ss

Nonetheless, experts may seem to predict the current situation and that bitcoin will likely experience a steep drop in the upcoming months.
But is it really possible for bitcoin to achieve $50k by march? Given that the market is currently declining.
What are your thoughts on this?
Things we often see that Bitcoin is a correction, even this year if it is not too far the price is corrected for Bitcoin, so whatever predictions made by experts, I believe that a steep decline will not happen again for next month, if you pay attention to the market , currently the price decline is not at the level of $ 40K again, there is a slight increase about the price in this month, a good sign for Bitcoin in the future if it follows the trend in recent days
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February 16, 2022, 02:58:17 PM
 #27

It is only a matter of time for bitcoin to hit $50k in March or the following months. I didn't think much of it myself because I still believe that bitcoin will surpass $50k, even if it takes longer. Market conditions are indeed declining but that does not mean the market will not rise again and reach higher prices than now. You have to calm down and don't think too much about it and you better enjoy the ride and buy more bitcoins before the price starts to go up.

But if you are afraid to see the current market movement, maybe you can leave the market for a while and enjoy your time so that your mind will not be distracted by the current market situation.

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February 16, 2022, 03:54:34 PM
 #28

We need to be very careful when we read something that says: "experts predicted the price will be $50k" after seeing this sentence ask yourself: how many times did these experts get their price predictions right?

I particularly saw that some even got their accurate predictions right but it was not quite as they predicted, what happened was the following:

they made a prediction that the price by the end of the year would be $25000, the end of the year arrived and nothing, after many months the price rose to $60,000

I don't know if we can consider this a correct prediction
That is right. Experts are rarely ever correct about the crypto prices and usually they talk a bout it like they have any clue yet they are as clueless as we are. Doesn't mean that we shouldn't listen to anyone but it also doesn't mean that we couldn't do anything that will end up profiting neither. This is going to take a bit of a time but it is also not a horrible prediction neither.

$50K is not a great way to go, it is around where we are right now and I feel like it is going to eventually happen, which is why I believe that we should not be really letting it go for the time being, just assume it could be wrong but also get ready in case it is right.

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February 16, 2022, 04:25:01 PM
 #29

Well for my prediction expectation, I think $50 is achievable, I'm basing this
on the recent market move up to $45k, ok It fell back drastically to sub $40k briefly
but here we are again within the week bouncing off $45k resistance.

$50k will be a tough battle to get to there will be plenty of sell orders set before it
and there will be pull backs before getting there but yea how do the "experts" predict
such targets? what are they basing their analysis on?


R


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February 16, 2022, 05:19:24 PM
 #30

http://festyy.com/eaI4ss

Nonetheless, experts may seem to predict the current situation and that bitcoin will likely experience a steep drop in the upcoming months.
But is it really possible for bitcoin to achieve $50k by march? Given that the market is currently declining.
What are your thoughts on this?

Experts? I don't recognize that word in cryptocurrency, even with the very experienced traders and early adopters. They are too humble not to say they're experts. Those self proclaimed experts only wants to manipulate the minds of the investors. Nobody could ever predict even closely on what would be the next Bitcoin move.

Drop or pump in the upcoming months is very possible, the only thing that matter is what comes first, a pump or a dump.
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February 16, 2022, 06:09:26 PM
 #31

http://festyy.com/eaI4ss

Nonetheless, experts may seem to predict the current situation and that bitcoin will likely experience a steep drop in the upcoming months.
But is it really possible for bitcoin to achieve $50k by march? Given that the market is currently declining.
What are your thoughts on this?
Yes, we can just predict the price because we do not know what will be the condition of crypto market. Market can up or down anytime because it is uncertain. By analyzing some factors, we can predict that price will rise or down. March is not so far from today and bitcoin can cross $50k at the end of March.

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February 16, 2022, 09:13:47 PM
 #32

The market that has been moving within $42000 and $44000 have crossed $44000 today. In recent days the war between Russia and Ukraine is said as a big reason for the entire World market to face a downward movement. However there are rumours that Russian soldiers are returning back to their base and the chance of war is declining. This has triggered the market upwards. Maybe this can take a momentum and could lead to $50k+
I also heard that now there will be no war and now people are thinking that stock market will recover and with the stock market all of the coins will also recover which is a very good opportunity for us because this time the price is going very well and in this time we all want that the world condition remain peaceful and we want that all of the countries from the whole world work together for their economic conditions to make them stronger.
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February 17, 2022, 02:38:19 AM
 #33

The market that has been moving within $42000 and $44000 have crossed $44000 today. In recent days the war between Russia and Ukraine is said as a big reason for the entire World market to face a downward movement. However there are rumours that Russian soldiers are returning back to their base and the chance of war is declining. This has triggered the market upwards. Maybe this can take a momentum and could lead to $50k+
I also heard that now there will be no war and now people are thinking that stock market will recover and with the stock market all of the coins will also recover which is a very good opportunity for us because this time the price is going very well and in this time we all want that the world condition remain peaceful and we want that all of the countries from the whole world work together for their economic conditions to make them stronger.

If stock market are going to recover, bitcoin might make a run to $50k, simply because I believed that the two markets are correlated somewhat. So a green candle for stocks will result in a green candle as well for the crypto market. And with that, we can easily see $50k being reach next month if everything settles down (war is not going to happen).

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February 17, 2022, 05:05:03 AM
 #34

If that is what will happen in the upcoming months, we should prepare by having funds to buy back at a low price.
I'm still optimistic that bitcoin can reach $50k or even more, although I don't know when the price will reach $50k.
I'm still waiting for the market to return to higher prices and I'm fine because I know the market is like this.
But maybe bitcoin could have more chance to rise again in March so we better wait and prepare our bitcoin to sell at a higher price.
We still have 11 days left before march. 11 days was a short term so we must hurry now, now that btc is still in color red. The current value of btc is ~44k usd. If we buy 1 whole btc for 44k and the price hits 50k by march, we can earn a whopping amount of 6k dollars.

I guess that is not a bad return in just a short amount of time? Everyone else is optimistic that 50k will be achieve because this amount is still low for btc knowing that btc is already in the 40k range. That was not a huge gap for us to say that it is hard to reached and if there is an amount that seems to be impossible right now i think that is only 100k or 1m dollars. These prices are a popular demand.
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February 17, 2022, 05:27:15 AM
 #35

If that is what will happen in the upcoming months, we should prepare by having funds to buy back at a low price.
I'm still optimistic that bitcoin can reach $50k or even more, although I don't know when the price will reach $50k.
I'm still waiting for the market to return to higher prices and I'm fine because I know the market is like this.
But maybe bitcoin could have more chance to rise again in March so we better wait and prepare our bitcoin to sell at a higher price.
We still have 11 days left before march. 11 days was a short term so we must hurry now, now that btc is still in color red. The current value of btc is ~44k usd. If we buy 1 whole btc for 44k and the price hits 50k by march, we can earn a whopping amount of 6k dollars.

I guess that is not a bad return in just a short amount of time? Everyone else is optimistic that 50k will be achieve because this amount is still low for btc knowing that btc is already in the 40k range. That was not a huge gap for us to say that it is hard to reached and if there is an amount that seems to be impossible right now i think that is only 100k or 1m dollars. These prices are a popular demand.
Yes, 11 days will pass without us realizing that we are waiting.
It would be better if we don't always see the prices that occur in the market so that at least we can overcome anxiety or worry about price fluctuations.
The decline in bitcoin price to $ 43.6xx gives us the opportunity to buy again if we still have some money.
The important thing is that we can prepare some bitcoins that we can sell at a high price later and can profit from bitcoin.
Reaching a price of $100k is not impossible for bitcoin, especially if it will happen in the future but in the meantime, if bitcoin can reach $50k-$60k, that would be great for us because we can sell some of the bitcoins we have.

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February 17, 2022, 06:41:38 AM
 #36

There is a large possibility of bitcoin reaching the $50k mark but the real question is how long will it stay above $50k? Will bitcoin find stability at $50k or above ? Else will it just touch $50k and drop down again in the range of $40k - $45k? I don't solely go by expert's opinion anymore because most of the times it doesn't work so we may consider their opinion along with our research and market conditions to come to a conclusion on it but yeah $50k is easily achievable but we want bitcoin to stay above $50k and make it new stable zone in order for bitcoin to rally towards next target.









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February 17, 2022, 09:19:08 AM
 #37

There is a large possibility of bitcoin reaching the $50k mark but the real question is how long will it stay above $50k?
A time is coming when the price of bitcoin will never again fall below $50000 ever again, maybe this answers your question.

Will bitcoin find stability at $50k or above ?
Bitcoin price can never be stable, but I think what you mean is that for how long can $50000 be the support level for Bitcoin price. The time is coming, let us see what will happen in the next halving.

Else will it just touch $50k and drop down again in the range of $40k - $45k?
It depends but after halving, if Bitcoin price can skyrocket to over $200000, the volatility is reducing and I will not expect $50000 bottom at any time again.

I don't solely go by expert's opinion anymore because most of the times it doesn't work so we may consider their opinion along with our research and market conditions to come to a conclusion on it but yeah $50k is easily achievable but we want bitcoin to stay above $50k and make it new stable zone in order for bitcoin to rally towards next target.
The worst is to believe on analysts, the best to do is to hold Bitcoin for long time after its price has decreased.

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February 17, 2022, 10:11:12 AM
 #38

There is a large possibility of bitcoin reaching the $50k mark but the real question is how long will it stay above $50k? Will bitcoin find stability at $50k or above ? Else will it just touch $50k and drop down again in the range of $40k - $45k? I don't solely go by expert's opinion anymore because most of the times it doesn't work so we may consider their opinion along with our research and market conditions to come to a conclusion on it but yeah $50k is easily achievable but we want bitcoin to stay above $50k and make it new stable zone in order for bitcoin to rally towards next target.
it's not always what experts say has a level of truth, in 2021 how many experts make the wrong analysis of bitcoin's journey, today bitcoin is still stagnant at $50-55, even if the correction is not far from that price, it means that a good trend is increasingly visible for the future , although not in normal prices last long, bitcoin resistance will never fade in the future, correction is only part of the recovery towards higher and stable prices, even though there is something that affects the occurrence of the correction
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February 17, 2022, 10:31:33 AM
 #39

http://festyy.com/eaI4ss

Nonetheless, experts may seem to predict the current situation and that bitcoin will likely experience a steep drop in the upcoming months.
But is it really possible for bitcoin to achieve $50k by march? Given that the market is currently declining.
What are your thoughts on this?
Aren't people getting tire of asking and answering same thing again and again? that when will be the pump or when this amount can be taken again?

while the 100k thread seems to be impossible to happen now people are asking at least even Half of that?  Grin

either this year or the next? or this month or the next? what is important here is that our support will remain as that .









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February 17, 2022, 01:00:44 PM
 #40

http://festyy.com/eaI4ss

Nonetheless, experts may seem to predict the current situation and that bitcoin will likely experience a steep drop in the upcoming months.
But is it really possible for bitcoin to achieve $50k by march? Given that the market is currently declining.
What are your thoughts on this?
Aren't people getting tire of asking and answering same thing again and again? that when will be the pump or when this amount can be taken again?

while the 100k thread seems to be impossible to happen now people are asking at least even Half of that?  Grin

either this year or the next? or this month or the next? what is important here is that our support will remain as that .
I guess people can't wait and be patient any longer because maybe they missed selling bitcoin at $69k ago so they get tired of waiting for uncertainty. Maybe they should forget about bitcoin for a moment and take a break from the market so they don't keep asking the same thing over and over again.

Bitcoin can go up to any price but unfortunately, no one will know when. Meanwhile, the market also doesn't seem to be moving anywhere so taking a break would be better.

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