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Author Topic: BTC over 50k?  (Read 874 times)
StreakW
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March 06, 2022, 08:38:59 AM
 #101

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 .

I think the factor that hinders bitcoin's price movement from rising significantly is not the war between Russia and Ukraine but the existence of a number of regulations in various countries. Even some experts predict the bitcoin price will be in the $38k-$44k price range in Q1 this year. So let's wait and see how the market moves in the next few weeks.

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March 10, 2022, 03:19:33 PM
 #102

Although the bitcoin price is currently moving uptrend, it is still difficult for the bitcoin price to reach the $50k price in March because bitcoin is still experiencing a decline in the volume of buyers. Even if you look at the price movements in the market, there is also seller power that is holding bitcoins back from going up in the $40K area. Therefore, I think it's more likely that the bitcoin price will drop back into the $36K area rather than continue its gains in the next few weeks.
if we look at the graph for these two months, it can be seen that bitcoin always moves up and down alternately and consistently;



maybe this trend will continue to move consistently in the future, and will be in the range of $33K+ and $47K+.

so I agree with the buddy above that it will be difficult for this march bitcoin will reach $50K, and have to be patient again and hope that there will be good news that can lift confidence in bitcoin and I predict that big holders like institutions will play a big role in making achievement can be fulfilled.
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March 11, 2022, 02:00:04 PM
 #103

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 .

I think the factor that hinders bitcoin's price movement from rising significantly is not the war between Russia and Ukraine but the existence of a number of regulations in various countries. Even some experts predict the bitcoin price will be in the $38k-$44k price range in Q1 this year. So let's wait and see how the market moves in the next few weeks.

This is interesting information to see the latest price of Bitcoin. can i get clear information from what you said above? I'm very interested in what you are talking about for profit later. Q1 is a great start to take a chance and make a profit in Q4. But I see a little increase in the price of Gold to be a good alternative to invest.

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March 11, 2022, 08:34:25 PM
 #104

It's been more than 2 months the bitcoin price is below $50k even now it is ranging from $36k to $42k, the market looks down due to too many FUDs especially what happened with the russia and ukraine conflict, but i'm optimistic that the $50k price will be reached no later than before summer or June.
A huge pump could only happen if there's hype. I believe we are at the correction stage now, a mini run would not survive because of the bearish market, and I think it's only the war between the two countries has affected the price of bitcoin because it's already been bearish before the war.

What's important now is that we will never dump, instead, take this opportunity to accumulate as the bear market always provide a chance if we see this as an opportunity.

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March 12, 2022, 11:08:29 PM
 #105

current market sentiment is still very vulnerable to FUD and FOMO,
to be honest at this time it is still very difficult to predict the price of Bitcoin whether it will be above $50000 or will it go down to $25000 before the bulls come again,
because the war between Russia and Ukraine Bitcoin price became a pump and dump, yeah like a shitcoin!

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March 12, 2022, 11:23:04 PM
 #106

current market sentiment is still very vulnerable to FUD and FOMO,
to be honest at this time it is still very difficult to predict the price of Bitcoin whether it will be above $50000 or will it go down to $25000 before the bulls come again,
because the war between Russia and Ukraine Bitcoin price became a pump and dump, yeah like a shitcoin!

Up until now, no one can confidently predict the price of bitcoin. And now, we have ongoing war, and the bitcoin seems to be in the roller coaster ride as well. So if you have strong beliefs about the capability of bitcoin, you can slowly accumulate some satoshis when it goes down. Because sooner or later, it may rise again and achieve your profits in no time. But don't get too confident that you will always make a profit here. Check your capability and to how long you can wait before you can sell. Because that's one important to consider because you don't want to sell it at a loss if you ever need the money.
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March 12, 2022, 11:34:09 PM
 #107

current market sentiment is still very vulnerable to FUD and FOMO,

I don't particularly see any news that is causing fear and makes people sell bitcoin, or am I missing something?

to be honest at this time it is still very difficult to predict the price of Bitcoin whether it will be above $50000 or will it go down to $25000 before the bulls come again,
because the war between Russia and Ukraine Bitcoin price became a pump and dump, yeah like a shitcoin!

the war is not making bitcoin become a pump and dump scheme, if you look at the market there is always a time when there is not much volatility and the price is stagnant in a certain area, this is normal, there is nothing strange and much less no pump and dump scheme

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March 12, 2022, 11:58:01 PM
 #108

To get BTC over 50k requires we break any idea of a descending trend.  This has been done to a larger extent from the lows since the ATH but a lesser trend recently on March start and a week later the price did appear to grow weaker in two peaks, which were lower highs and this series must be surpassed and diminished before we can progress further.
   We went sideways and outran the sharp year start decline and I also note we have a long term bullish trend up.  The series of higher lows is an important weight on the bullish argument for BTC to rise but 50k I dont expect just yet till we consistently beat the 50 day average; also we must retake & maintain a level of higher prices then have been currently seen during March, this will add inertia upwards.

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March 14, 2022, 01:24:24 AM
 #109

current market sentiment is still very vulnerable to FUD and FOMO,

It might be vulnerable, but Bitcoin shows resiliency from those FUD. And I would say it's part of the ecosystem. It's for us on how to are going to be affected by FUD. The price might go down, but it's only on short term.

to be honest at this time it is still very difficult to predict the price of Bitcoin whether it will be above $50000 or will it go down to $25000 before the bulls come again,
because the war between Russia and Ukraine Bitcoin price became a pump and dump, yeah like a shitcoin!

Maybe some TA will help but not 100%, but all indications right now that $50,000 is very difficult to break. We may have to look at the support lines and currently it is only $38,000-$40,000. Forget about the war, I don't think it has a drastic effect so far.

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March 14, 2022, 03:07:26 AM
 #110

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?

Looking at the news circulating right now I'm not so sure Bitcoin will hit $50k before this March ends. I predict bitcoin will touch $50k and will pass it in Q3 2022, more precisely around August or September.
I am also not sure if this can be attained because the price of bitcoin had just reached 45k recently and never even get closer again to that price meaning we are still in the verge of dumping or at least in not so very comfortable market position.
Maybe in the next couple of months this can be lead there but never expect too much as this will bring us to failure and losses soon.









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March 14, 2022, 02:39:18 PM
 #111

current market sentiment is still very vulnerable to FUD and FOMO,

I don't particularly see any news that is causing fear and makes people sell bitcoin, or am I missing something?
He didn't mention any news but what he mean is the price of btc is still doubting if it will increase continuously or not because the price fluctuation is too high lately. This can cause for someone to feel worried but when it comes to the news, we have the wars followed by sanctioning and the recent is the rumoured banning of the internet by Russia.

All of that news looks negative and that can cause a fomo or fud. Bitcoin is truly unpredictable and despite of the negativities, it could still rise and pump, if that happens then btc can surely reach 50k or more than it. Bitcoin movements are unique and can't be compared to any other coin or a shitcoin.

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March 16, 2022, 12:17:46 PM
 #112

no one is able to make predictions that are definitely right because the current situation is in a very unstable situation, in a stable situation it is possible that predictions can be wrong and out of the real analysis.
bitcoin is currently comfortable in a stable price situation at $33K-$47K and doesn't seem to want to go down at all or maybe even go up.

but everything can change if big institutions are willing to give encouragement and keep prices from going down at all, with their intervention not to release their deposits into the market, which will actually make prices go down, but instead buy and hold them longer so that prices can be controlled and the possibility to increase could happen.

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March 18, 2022, 09:10:55 AM
 #113

no one is able to make predictions that are definitely right because the current situation is in a very unstable situation, in a stable situation it is possible that predictions can be wrong and out of the real analysis.
bitcoin is currently comfortable in a stable price situation at $33K-$47K and doesn't seem to want to go down at all or maybe even go up.

but everything can change if big institutions are willing to give encouragement and keep prices from going down at all, with their intervention not to release their deposits into the market, which will actually make prices go down, but instead buy and hold them longer so that prices can be controlled and the possibility to increase could happen.
I could even remove the higher 5k and lower 5k out of that. Right now, around 38k to 42k is the level we are at and I believe that will probably be the price that we will stay for a long time. Doesn't mean that we will be staying at those levels forever, but that is what it did for the longest time for now.

I believe that we will be eventually going a lot higher but that will take a bit of time. Maybe we will have a few more ups and downs before it happens, but I am certain that it will eventually do that. It means that we are talking about stagnancy period in crypto which never really stays for too long and volatile days will come very soon again.

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Jating
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March 18, 2022, 08:14:32 PM
 #114

no one is able to make predictions that are definitely right because the current situation is in a very unstable situation, in a stable situation it is possible that predictions can be wrong and out of the real analysis.
bitcoin is currently comfortable in a stable price situation at $33K-$47K and doesn't seem to want to go down at all or maybe even go up.

Yeah, that is a good price level fo bitcoin, if it can maintain that price this year, then good for us. At least it is not that far from the previous all time high and so the chance of climbing up again is very high.

but everything can change if big institutions are willing to give encouragement and keep prices from going down at all, with their intervention not to release their deposits into the market, which will actually make prices go down, but instead buy and hold them longer so that prices can be controlled and the possibility to increase could happen.

I don't think that institutional money is the problem though, they have deep pockets so for sure they can buy whatever they want. And I suspect that majority of them is still inside and buying at this dip. I think the problem is the retail investors, like the majority of us here, perhaps some of them are reluctant to invest because of what's going on around the world that reflects on the market downtrend.
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March 20, 2022, 01:51:54 PM
 #115

I could even remove the higher 5k and lower 5k out of that. Right now, around 38k to 42k is the level we are at and I believe that will probably be the price that we will stay for a long time. Doesn't mean that we will be staying at those levels forever, but that is what it did for the longest time for now.

I believe that we will be eventually going a lot higher but that will take a bit of time. Maybe we will have a few more ups and downs before it happens, but I am certain that it will eventually do that. It means that we are talking about stagnancy period in crypto which never really stays for too long and volatile days will come very soon again.
That is the period when bitcoin gets stuck. Sometimes it gets stuck between some prices but more often than not it has a breakout after that period. It doesn't happen that way at all times but it is not a bad bet to guess that there is a possibility of breakout to a super high prices. Doesn't mean that it will happen, it just means that there is a chance of it happening at any given minute.

This is why I believe that we should not be shocked if anything like that happens. I accumulate enough for myself during the under 40k periods, and if it goes there again I will buy some more hopefully and that means when it is 50k+, I will be in a bigger profit once again.
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March 20, 2022, 05:04:29 PM
 #116

but everything can change if big institutions are willing to give encouragement and keep prices from going down at all, with their intervention not to release their deposits into the market, which will actually make prices go down, but instead buy and hold them longer so that prices can be controlled and the possibility to increase could happen.

I don't think that institutional money is the problem though, they have deep pockets so for sure they can buy whatever they want. And I suspect that majority of them is still inside and buying at this dip. I think the problem is the retail investors, like the majority of us here, perhaps some of them are reluctant to invest because of what's going on around the world that reflects on the market downtrend.
It looks like institutional investors have moved big volumes from CEX. Maybe that have created some discussion, but this didn't make big downturn in the market. As said the retail investors participation have decreased for now due to the ongoing war between Ukraine-Russia. By the time usage on the other end have risen drastically with the legalizing of bitcoin by Ukraine and Russian government. This keeps the market stable against the ongoing market imbalance. This gives the sign of forward move.

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SirLancelot
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March 21, 2022, 06:56:53 PM
 #117

no one is able to make predictions that are definitely right because the current situation is in a very unstable situation, in a stable situation it is possible that predictions can be wrong and out of the real analysis.
bitcoin is currently comfortable in a stable price situation at $33K-$47K and doesn't seem to want to go down at all or maybe even go up.
Yeah, that is a good price level fo bitcoin, if it can maintain that price this year, then good for us. At least it is not that far from the previous all time high and so the chance of climbing up again is very high.
Even 47k looks like a nice price for btc for current scenarios if lower than that or let say the price rest at 33k at the end of the year I think that was too bad and it will be hard for me to accept that. That is why I also diversify my money to other coins not just in bitcoin, just in case if don't agree with the outcomes of my btc investments.

Institutional investors are like whales, both have a huge investment in this market and if one of them sells it can really have a big impact to the price but they can probably buy again when the market is in a bad condition. We should not put the blame to retail investors just because they hesitate to invest. It's not our money anyway and they can't make a big impact if ever they will.
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March 22, 2022, 03:39:49 AM
 #118

but everything can change if big institutions are willing to give encouragement and keep prices from going down at all, with their intervention not to release their deposits into the market, which will actually make prices go down, but instead buy and hold them longer so that prices can be controlled and the possibility to increase could happen.

I don't think that institutional money is the problem though, they have deep pockets so for sure they can buy whatever they want. And I suspect that majority of them is still inside and buying at this dip. I think the problem is the retail investors, like the majority of us here, perhaps some of them are reluctant to invest because of what's going on around the world that reflects on the market downtrend.
It looks like institutional investors have moved big volumes from CEX. Maybe that have created some discussion, but this didn't make big downturn in the market. As said the retail investors participation have decreased for now due to the ongoing war between Ukraine-Russia. By the time usage on the other end have risen drastically with the legalizing of bitcoin by Ukraine and Russian government. This keeps the market stable against the ongoing market imbalance. This gives the sign of forward move.

Yeah, we might take this as a positive indication that there is a chance for another break out run, but it's going to be long and hard per month increased. There will be no sudden spike in my opinion, but it could work in a slow phase. This could be advantageous to us though, specially those who love to buy it through whatever method, DCA's, every month, every dip etc. The war will definitely have an impact, but it won't be that significant in the long run. What's important is that the whales and the retail investors are going to stay no matter what the circumstances and looking for long term.

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Jating
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March 24, 2022, 12:13:34 PM
 #119

but everything can change if big institutions are willing to give encouragement and keep prices from going down at all, with their intervention not to release their deposits into the market, which will actually make prices go down, but instead buy and hold them longer so that prices can be controlled and the possibility to increase could happen.

I don't think that institutional money is the problem though, they have deep pockets so for sure they can buy whatever they want. And I suspect that majority of them is still inside and buying at this dip. I think the problem is the retail investors, like the majority of us here, perhaps some of them are reluctant to invest because of what's going on around the world that reflects on the market downtrend.
It looks like institutional investors have moved big volumes from CEX. Maybe that have created some discussion, but this didn't make big downturn in the market. As said the retail investors participation have decreased for now due to the ongoing war between Ukraine-Russia. By the time usage on the other end have risen drastically with the legalizing of bitcoin by Ukraine and Russian government. This keeps the market stable against the ongoing market imbalance. This gives the sign of forward move.

I think otherwise tough, as I have said, the big movers in the retail investors because although we are small, we are in the majority in the market. I agree that there has been a lot of things going around the world, the war itself has affected all of us because the price of gas is soaring in every direction and we can't do anything. But life must go on, and us as investors should stick to our goal to buy bitcoin for our future. Currently, the price has a good increased to $43k and I would happy if we can just maintain that range, $40k and above amidst the crisis in Europe. And who knows, the price could peak at $50k in the next coming months.
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March 24, 2022, 01:43:57 PM
 #120

BTC price at present is top of its range which could lead to disappoint or a breakout possibly.   The reason I would not side with 50k is that we have yearly averages just    overhead at 45k and 48k for 200 day average.    Those are indicators not literal resistance but they are widely watched and quite reasonable to expect we have further selling around that area.   50k isnt on the table yet, when everything is setup it will become more likely we go ahead but for now its an outlier and in this month I dont expect a spike just yet.
   TA tries to allocate probabilities, thats all we can say thats its improbable at this time.

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