BTC over 50k?

[Jating]

There is nothing that is not possible is this Market for it has happened before now where Bitcoin price move exponential unexpectedly in 2017, it is very possible such a move can happen any time but all depends on the positive news to move the market exponentially.

Not only the news, but the sentiments of investors, if they feel that bitcoin is on a bull run then definitely they will reinvest this year. But so far the market is really going down and we might say that we are in a bear market already. So I don't think that it will grow exponentially this year. We may have to wait again for the bull run, and it might happen in 2024.

Taking lessons in the past though, if the price goes down then it's the better time to buy again. Just look when the price goes on the lowest $30'ish last month, that is the best opportunity to reinvest again. And if you are for the short term then maybe they did sell at $44i'ish so they made a profit in just short amount of time. The next bull run though is still far so we might take advantage of the current situation.

[michellee]

There is nothing that is not possible is this Market for it has happened before now where Bitcoin price move exponential unexpectedly in 2017, it is very possible such a move can happen any time but all depends on the positive news to move the market exponentially.

Not only the news, but the sentiments of investors, if they feel that bitcoin is on a bull run then definitely they will reinvest this year. But so far the market is really going down and we might say that we are in a bear market already. So I don't think that it will grow exponentially this year. We may have to wait again for the bull run, and it might happen in 2024.

The negative news also moves the market to a lower price but if whales sell their bitcoin in a large amount, that can make the price really drops deeper. Hopefully, we do not need to wait until 2024 to see the market rise again and increase to the high price.

But even if right now we see the market price drops below $40k, we still have an optimist that it is temporary and soon will change and who knows, tomorrow will be better. This situation gives us a chance to buy back at below $40k so we should use it before the price increases.

[darewaller]

The negative news also moves the market to a lower price but if whales sell their bitcoin in a large amount, that can make the price really drops deeper. Hopefully, we do not need to wait until 2024 to see the market rise again and increase to the high price.

But even if right now we see the market price drops below $40k, we still have an optimist that it is temporary and soon will change and who knows, tomorrow will be better. This situation gives us a chance to buy back at below $40k so we should use it before the price increases.

It is a combination of a few things, it is both the whales getting out, plus a bad news like a war possibility, then also liquidity of the long futures as well, all those bitcoins are now cashed out to USDT which means they were sold on the market price and turned to USDT which drops the price as well.

When you combine all of these together then you end up with a bit of a bad situation as well. Doesn't mean that we can't recover, we recovered a million times before and we dropped a million times before as well, we are going to end up going higher but then we are going to end up going lower after that then up and low and up and low and keep going like that forever.

[Mpamaegbu]

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, the market is in a decline at the moment but that doesn't mean Bitcoin achieving $50 within a few days won't be possible once it sets in, not even weeks or months. As a highly volatile asset, Bitcoin can sweep past that level at ease. At its current price level of $38k +, $50k isn't even that far for it. However, I still remain convinced that the first quarters of this year should see bearishness for Bitcoin, and that includes the March OP talked about. I thought the $40,600 support was going to hold last week but that felt weak and price broke it. I want to see the next support at $30,700 (it's a strong support level) hold and expectedly reverts from there to hit another fresh high.

[7788bitcoin]

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But, there's a crisis between Russia and Ukraine that most people are predicting that there would be a pump if the war continue. As far as I'm concerned, war is not the answer to all of the problem that's why it needs to be done by debating or discussion.

And $50k is just a picture right now although, it did pump last year though the price seem to be so quick to dump.

The media is hyping about the war but i doubt we will see a full blown war as Russia knows the damage that they could encounter as the US is looking for an opportunity to begin a war and thereby carry out their business interest with Ukraine. If a real war breaks out then the other financial market will go down and you should expect the cryptocurrency market will go down as well as majority will book their profit.

[Vaskiy]

~
But, there's a crisis between Russia and Ukraine that most people are predicting that there would be a pump if the war continue. As far as I'm concerned, war is not the answer to all of the problem that's why it needs to be done by debating or discussion.

And $50k is just a picture right now although, it did pump last year though the price seem to be so quick to dump.

The media is hyping about the war but i doubt we will see a full blown war as Russia knows the damage that they could encounter as the US is looking for an opportunity to begin a war and thereby carry out their business interest with Ukraine. If a real war breaks out then the other financial market will go down and you should expect the cryptocurrency market will go down as well as majority will book their profit.

Yes, it is true. There is urge in the war between Ukraine and Russia. No one knows the true reality of cryptocurrency, because market is being dominated by the media. We are in a situation to believe what the media says. It is true that the price of bitcoin is impacted by the war, and it could reach $35k in the following days.

[Kemarit]

~
But, there's a crisis between Russia and Ukraine that most people are predicting that there would be a pump if the war continue. As far as I'm concerned, war is not the answer to all of the problem that's why it needs to be done by debating or discussion.

And $50k is just a picture right now although, it did pump last year though the price seem to be so quick to dump.

The media is hyping about the war but i doubt we will see a full blown war as Russia knows the damage that they could encounter as the US is looking for an opportunity to begin a war and thereby carry out their business interest with Ukraine. If a real war breaks out then the other financial market will go down and you should expect the cryptocurrency market will go down as well as majority will book their profit.

Yes, it is true. There is urge in the war between Ukraine and Russia. No one knows the true reality of cryptocurrency, because market is being dominated by the media. We are in a situation to believe what the media says. It is true that the price of bitcoin is impacted by the war, and it could reach $35k in the following days.

So far the market bloodbath has stop to $38,000, although not good to see the market going below the $40,000 support levels, for now it has settle down and this could be the lowest that we can go with the negative news on the Russia vs Ukraine potential war.

Good news though for those who want to take advantage of the current market situations because BTC is cheap and they can reinvest again. No need to wait for the price to like $32,000 again as I don't think it will happen. This is a good time to buy.

[michellee]

It is a combination of a few things, it is both the whales getting out, plus a bad news like a war possibility, then also liquidity of the long futures as well, all those bitcoins are now cashed out to USDT which means they were sold on the market price and turned to USDT which drops the price as well.

When you combine all of these together then you end up with a bit of a bad situation as well. Doesn't mean that we can't recover, we recovered a million times before and we dropped a million times before as well, we are going to end up going higher but then we are going to end up going lower after that then up and low and up and low and keep going like that forever.

We don't expect war. Maybe if it's just bad news or the whale sells some bitcoins, it won't be a problem because I believe bitcoin is always strong enough to withstand all that bad news. And it looks like at the moment, bitcoin's position is slowly strengthening and hopefully, this week, we can see the bitcoin price rise again. All the money in USDT has been used to buy lots of bitcoins, which will increase the price again. So be patient for a while.

Positions like you said will always be repeated and it depends on us so we can use the moment to our advantage. Bitcoin has gone through many bad situations but bitcoin has always held on and returned to highs and even we have seen the highest price we have ever seen. So we still have a chance to see high prices again.

[Hamphser]

For my experience, Bitcoin is long term survive for long term investment crypto. If you short time bitcoin price prediction, i think it will be not help you.This momentum look to see bitcoin up and down. Bitcoin now level $39k but previous week BTC price was around $42k+.I think bitcoin price will hit $50k+ this year.

$50k isnt really too far to reach out on this year but you know that most people would really be looking forward much towards price on where they do really expect that much which is way more higher.

Now we are experiencing drops which is typical for this market and now people are freaking out on whats happening but to be wise this is the best time for you to buyback or buy on the dip
but just as usual on where people do really hesitates on doing so in these times which isnt surprising if you do ask me.

[repear7]

This cannot be said correctly. The reason is that Bitcoin does not mean any rules now. Bitcoin prices sometimes fluctuate through hype. But I don't think Bitcoin will be 50K + in March or in a few more months. BTC is not stable yet. For which I can say that it will take a few more months for Bitcoin to go above 50K.

[Kemarit]

For my experience, Bitcoin is long term survive for long term investment crypto. If you short time bitcoin price prediction, i think it will be not help you.This momentum look to see bitcoin up and down. Bitcoin now level $39k but previous week BTC price was around $42k+.I think bitcoin price will hit $50k+ this year.

$50k isnt really too far to reach out on this year but you know that most people would really be looking forward much towards price on where they do really expect that much which is way more higher.

Yeah, but right now, its a big barrier for us, so far we have tested $45,000 and that's it. There is no momentum so what's more for a $50,000?

Now we are experiencing drops which is typical for this market and now people are freaking out on whats happening but to be wise this is the best time for you to buyback or buy on the dip
but just as usual on where people do really hesitates on doing so in these times which isnt surprising if you do ask me.

And this is the main reason, price are dropping like hotcakes right now, we've seen last month around $32,000-$33,000 lows. And now it's around $35,000. So we are still in bad condition, market might be in a bear market in the long run, just saying.

[btc78]

This cannot be said correctly. The reason is that Bitcoin does not mean any rules now. Bitcoin prices sometimes fluctuate through hype. But I don't think Bitcoin will be 50K + in March or in a few more months. BTC is not stable yet. For which I can say that it will take a few more months for Bitcoin to go above 50K.

Fluctuate commonly happens but with too much fud now? i  don't think that we can even get closer to that amount .
50k is far from reality this month or even in the whole 2nd quarter because it seems that the market is really in effect of the situation worldwide.
and if this continue then what will be the reason for people to invest in crypto while they are in hurry to take gold instead.
but of course things may change as we are heading towards new season after that month .

[Tellek Garing]

The unstable nature of Bitcoin market price is one of its key features and that which is why Bitcoin is referred to as a volatile asset, so one can not possibly predict the price of Bitcoin in the future but we are certain that the market price of Bitcoin will always increase judging from the previous market price.

[Epaper]

It is difficult to predict how the market will move. However, I think the bitcoin price still has the potential to reach $50k especially now that the bitcoin price is trading around $39k and is struggling to get back to the $41k resistance level. However, in order for bitcoin's price to hit $50k, the upside must make the $46k support level strong enough.

[Reatim]

I think it's difficult for bitcoin to reach $50k in March because until now the bitcoin price is still stuck at the $39k price level. But we will not know how the market will move whether it can continue the correction or will go bullish.

we are only small margin to reach this recently because we climbed up to 45k , and the next target is 50k after this Russia and Ukraine war take effect.

I think this is what hindering the market and until now this makes the prices in limit movement .

It is difficult to predict how the market will move. However, I think the bitcoin price still has the potential to reach $50k especially now that the bitcoin price is trading around $39k and is struggling to get back to the $41k resistance level. However, in order for bitcoin's price to hit $50k, the upside must make the $46k support level strong enough.

it is 38k and not 39k , check it out now https://coinmarketcap.com/currencies/bitcoin/

and also this next month does not enough to make it happen .

[Oasisman]

I think it's difficult for bitcoin to reach $50k in March because until now the bitcoin price is still stuck at the $39k price level. But we will not know how the market will move whether it can continue the correction or will go bullish.

It's not just that, March is known to be not much in terms of Bitcoin price movement. Historically, since Bitcoin significantly gain value, March was never a favourable month for Bitcoin.
Especially now that there's a war that will significantly affect the stock market, not much for crypto but there might be a possibility as well when the international policy impose all the economic sanctions for Russia.
On the other hand, $40k will now be a strong resistance level for Bitcoin, and that alone could make it hard for Btc to climb back to $50k level.

[Rockstarguy]

The volatility of bitcoin can be mysterious tha it is always possible for bitcoin to rise 50k at any given time  when no one expects,  when bitcoin is to rise it does not give sign that volatility is to take place . Some people who said to be expects make prediction from their own imagination  of what may happens. The way forward is just to be patient and observe the market for good steps to take.

[sarmrakib]

I think it's difficult for bitcoin to reach $50k in March because until now the bitcoin price is still stuck at the $39k price level. But we will not know how the market will move whether it can continue the correction or will go bullish.

Nothing is difficult when it is btc .It was around 35k$ recently and now it is around 40k$ .So why we can't expect btc to reach 50k$ soon .The whole market were dropping after the news of Russia and Ukraine conflict .So that there are many thing concern to get the rhythm of any bullish trend .Though the time is going so tough but still btc is on good position to recover from this point .I am very hopeful that it can recover soon and we see it 50k$ once again on the upcoming month of March .Let's see how market behave with us .

[poldanmig]

I think it's difficult for bitcoin to reach $50k in March because until now the bitcoin price is still stuck at the $39k price level. But we will not know how the market will move whether it can continue the correction or will go bullish.

It's not just that, March is known to be not much in terms of Bitcoin price movement. Historically, since Bitcoin significantly gain value, March was never a favourable month for Bitcoin.
Especially now that there's a war that will significantly affect the stock market, not much for crypto but there might be a possibility as well when the international policy impose all the economic sanctions for Russia.
On the other hand, $40k will now be a strong resistance level for Bitcoin, and that alone could make it hard for Btc to climb back to $50k level.

Yes, I think the war was one of the big factors why the price of bitcoin fell. Many people don't want to risk their assets, and they prefer to play it safe. I think crypto recovery will probably occur at the end of May or early June, because usually the market starts to be active in the middle of the year to the end of the year, especially crypto

The current deteriorating market conditions cannot be separated from the global community's fear of the current war between Russia and Ukraine, I think if geopolitical tensions between the two countries continue of course this will continue to affect crypto and stock market conditions, I personally also have a little doubt if the bitcoin price will be able to recover quickly, moreover the price could reach $50k in March, because in my opinion the bitcoin price is still very depressed in the market and the conflict between russia and ukraine is actually causing panic for investors to sell bitcoin at this time .

[Lanatsa]

I think it's difficult for bitcoin to reach $50k in March because until now the bitcoin price is still stuck at the $39k price level. But we will not know how the market will move whether it can continue the correction or will go bullish.

Nothing is difficult when it is btc .It was around 35k$ recently and now it is around 40k$ .So why we can't expect btc to reach 50k$ soon .The whole market were dropping after the news of Russia and Ukraine conflict .So that there are many thing concern to get the rhythm of any bullish trend .Though the time is going so tough but still btc is on good position to recover from this point .I am very hopeful that it can recover soon and we see it 50k$ once again on the upcoming month of March .Let's see how market behave with us .

Price is too volatile on which making out conclusions wouldn't be that possible and its not surprising that we would really be actively been speculating on what would be the price and claiming
something about 50k is really achievable but the question is When it would happen?

For now, we are seeing some recovery to 40k.We don't even know if it would shoot up to 45k without any hiccups until it reaches 50k or would totally be having some
rejection on that 40k resistance and seeing 30k+ price again? No one really knows actually.