Bitcoin price stay above $40000?

[Joshapat]

Happy because today Bitcoin rose more than 3% and we were in the $ 42K position, I was sure the price surge would continue to occur so it would not hesitate to continue buying before the more expensive, seeing the trend in the market, I was optimistic that March prices could reach $ 50k.

[Chato1977]

Somehow we are really that making out some positive movement as of this writing but dont anticipate much that price would be shooting up.

And it just hit $41k again.

This is the positive development that we're seeing right now. I don't know the reason for it but it's just probably the usual market reaction from what we're seeing which includes the war.

Maybe this is the reason for it, Ukraine is about to legalize crypto.

--> https://www.coindesk.com/policy/2022/03/16/ukraines-zelensky-signs-virtual-assets-bill-into-law-legalizing-crypto/

even Russia is looking at this phase mate , legalizing Bitcoin same as how Ukraine is planning .

What i believe is that hitting 41k is not enough in our position now, maybe it is better to stay above 45k and may climb high more as the years moving .

though I hate admitting that dropping below that price may happen any moment again.

We have no idea if it's going to stay there for so long.

If it can't handle $40k then $45k is unlikely to be held when it comes. Whether we like it or not, the volatility of bitcoin cannot be predicted accurately.

And that's what we like to see for its price, to be always at a higher level because that makes the value that we hold higher.

Yes and that is why what we only need is to invest the funds we can afford to wait long or stay away for a while .

but i chose to keep holding rather than forcing myself to sell when I know that the opportunity to increase is always there.

but seeing the price increasing to almost 43k now is a good sign that we can see 50k very soon.

[Fundamentals Of]

Happy because today Bitcoin rose more than 3% and we were in the $ 42K position, I was sure the price surge would continue to occur so it would not hesitate to continue buying before the more expensive, seeing the trend in the market, I was optimistic that March prices could reach $ 50k.

I am also happy that despite a lot of bearish analyses and sentiments spreading around, the price is still fighting to remain above $40,000. It has been rough in the $40,000 battle. Sometimes it is won, sometimes it is lost. But now $40,000 is $2,000 away. I hope $40,000 won't fall anymore and we will be seeing Bitcoin trying to knock at the $50,000 door. Not only is it possible within March, it is very possible within the month.

[savetheFORUM]

in the last few months the price of Bitcoin has been very stable and has moved between $34k - $42k, to be honest for day traders this is a golden time to make profit from day trading.  just like you, i also see the potential for bitcoin to $60k+ in Q3 or Q4 2022 later.

What if expecting bull market but the Q3 and Q4 becomes more of bears market? What I am thinking is that even 2x correction is never enough is we check the history of bitcoin price chart. Bitcoin might not get to $14000 or below, it might not even reduce below $20000 to $30000, but I do not think bitcoin reaching even $50000 will ever be possible again this year but anything can happen the and we should think more in the bullish direction when there some correction already.

The reality is that 30k or so levels are always possible these days, we should not be shocked about that. But, at the same time we have equal chances on 50k+ as well. Doesn't mean that we should be focusing just on the 50k part, of course get ready for the 50k part as well as the 30k part. How do you do that?

You put a stop loss, and you put a buy order, and a sell order. This allows you to make sure that you are doing fine when there is a big increase, and you will still be fine when there is a big decrease at the same time. Doesn't mean that you need to pick a side, you could definitely make sure that you could profit from the both sides.

[marine4u]

Maybe we all have big expectations for a bitcoin bullrun in December 2021 and some disappointment is possible.  However, speculation is a long-term game, bitcoin has the internal force to maintain its upward momentum.  Even if we do get back to 29k as of May 2021, it's still a big sign that market demand reacts to what bitcoin represents.  I expect bitcoin has really broken out of 3x k$

Most likely $34k is the last we can see it this year!

[bitzizzix]

Happy because today Bitcoin rose more than 3% and we were in the $ 42K position, I was sure the price surge would continue to occur so it would not hesitate to continue buying before the more expensive, seeing the trend in the market, I was optimistic that March prices could reach $ 50k.

I am also happy that despite a lot of bearish analyses and sentiments spreading around, the price is still fighting to remain above $40,000. It has been rough in the $40,000 battle. Sometimes it is won, sometimes it is lost. But now $40,000 is $2,000 away. I hope $40,000 won't fall anymore and we will be seeing Bitcoin trying to knock at the $50,000 door. Not only is it possible within March, it is very possible within the month.

I am also happy with bitcoin's current rise, although there are fears there will be another decline but I am optimistic that in March the bitcoin price will not return to 30K. And will be more likely to be at 40K and will struggle to move up to 50K.
and the good and bad news that has happened puts bitcoin's movement in doubt, but I think it will tend to move up slowly.

[Oshosondy]

Happy because today Bitcoin rose more than 3% and we were in the $ 42K position, I was sure the price surge would continue to occur so it would not hesitate to continue buying before the more expensive, seeing the trend in the market, I was optimistic that March prices could reach $ 50k.

Bitcoin rose to $43500 yesterday, but decreased 3% today, it decreased to $41900 and rose to $42500 today. Now the price is slightly drastically decreasing/or probably fluctuating at a specific price. The price can go up at anytime but this is showing bear market to me but which may not be that significant.

Yes and that is why what we only need is to invest the funds we can afford to wait long or stay away for a while .

This applies to trading for me, but for holding, I can even hold the money I have in fiat which I do not want to spend for long time, but holding it in bitcoin.

[Lanatsa]

Happy because today Bitcoin rose more than 3% and we were in the $ 42K position, I was sure the price surge would continue to occur so it would not hesitate to continue buying before the more expensive, seeing the trend in the market, I was optimistic that March prices could reach $ 50k.

I am also happy that despite a lot of bearish analyses and sentiments spreading around, the price is still fighting to remain above $40,000. It has been rough in the $40,000 battle. Sometimes it is won, sometimes it is lost. But now $40,000 is $2,000 away. I hope $40,000 won't fall anymore and we will be seeing Bitcoin trying to knock at the $50,000 door. Not only is it possible within March, it is very possible within the month.

I am also happy with bitcoin's current rise, although there are fears there will be another decline but I am optimistic that in March the bitcoin price will not return to 30K. And will be more likely to be at 40K and will struggle to move up to 50K.
and the good and bad news that has happened puts bitcoin's movement in doubt, but I think it will tend to move up slowly.

Really hard to tell actually on where prices could actually able to hold on or simply talking with 40k support and we've been staying on these levels for a while now, it do make out some corrections or dumps and then later

on it do make out some recovery which do plays around on 40k+ above which it is mind boggling if it would really able to break this resistance and would continue to 50k.I know its not really that appealing to rush

but we are really that staying into this level for so long.So this would be basically a test of patience on holding your position.

[STT]

There is a series of lower highs on the daily bars for this year thus far which has to be defeated as a possible trend.   If this recent high holds and we do not defeat that relative high then it could be seen a reason to be more cautious.



I think the uptrend is stronger but its best not to assume any pattern observable is not going to hold so the overlying series of lower prices on this irregular pattern will need to be tested and we'll at that point find out how solid it is.  Usually any trend does initially have some sell before later being exceeded by continued buying if we do prove to be bullish over this week for example.

[Emitdama]

I am also happy that despite a lot of bearish analyses and sentiments spreading around, the price is still fighting to remain above $40,000. It has been rough in the $40,000 battle. Sometimes it is won, sometimes it is lost. But now $40,000 is $2,000 away. I hope $40,000 won't fall anymore and we will be seeing Bitcoin trying to knock at the $50,000 door. Not only is it possible within March, it is very possible within the month.

Yeah, once again that proves that the market is totally unpredictable because no matter how much negative speculations that we saw, the flow of the price is still going in the opposite direction. It seems that btc won't disappoint the people that is rooting for it. Btc needs to do it, now is the time to do a payback because it got dumped few months ago. Have you check the price earlier before you comment?

I don't know what is its price earlier but I check just now and I see that btc was now at 43.9k. It can be said that btc is now stable at the range of 40k but I am not sure if 50k can be touched within this month because we only have 7 days left.

[Captain Corporate]

 Just as nobody expected, the price increased all over again. It was going a slight bit lower today, and everyone assumed it would be 38k again (then 42 again and 38 again etc) but it broke the chain. Now we are at 44k all over, and people are acting as if nobody knew this could happen. When in fact, everyone who knows how the crypto market works already said that this was the last of the cycle and it would get better from here. Why was it so obvious? Because the support was building a lot faster at a lot higher price, it was such an obvious situation. In the end, its fine, and we should feel fine, nobody is late, not even now.

[kawetsriyanto]

Yeah, once again that proves that the market is totally unpredictable because no matter how much negative speculations that we saw, the flow of the price is still going in the opposite direction.

I don't think Bitcoin price move in the opposite direction. There should be some reasons why Bitcoin price can increase or decrease. The current increase (BTC hits $44k) is probably the impact of good news about crypto from Ukraine and USA. People are interested to buy more Bitcoin because they view the potential for an improvement on Bitcoin in the near future. It was very different from the situation when BTC price dropped around $35k several weeks ago, people were afraid to buy Bitcoin because of the issue of the world's economic status. The demand was decreasing much, people are worried the war may bring negative impacts to crypto market. So, basically, BTC price moves according to the current situation in crypto, and it can be a bit predictable. IMO

[Kemarit]

Yeah, once again that proves that the market is totally unpredictable because no matter how much negative speculations that we saw, the flow of the price is still going in the opposite direction.

I don't think Bitcoin price move in the opposite direction. There should be some reasons why Bitcoin price can increase or decrease. The current increase (BTC hits $44k) is probably the impact of good news about crypto from Ukraine and USA. People are interested to buy more Bitcoin because they view the potential for an improvement on Bitcoin in the near future. It was very different from the situation when BTC price dropped around $35k several weeks ago, people were afraid to buy Bitcoin because of the issue of the world's economic status. The demand was decreasing much, people are worried the war may bring negative impacts to crypto market. So, basically, BTC price moves according to the current situation in crypto, and it can be a bit predictable. IMO

I was a little bit skeptic with the current run, specially when it hits $43,000 again, but seeing the price going as high as $44,000 right now, hard not to think that this could be a bull run or just a bull trap. So we still need to be very cautious in our trading strategy right now, it's better to wait for the price to at least go down to buy and get inside. Of course, there is always the FOMO, but then again, with the war in Europe, we don't know if this the reason behind or it's just that Bitcoin narrative has change, cycles has evolved as well. There were even a call that we might be seeing super cycles, so we will see how it goes.

[Tony116]

Yeah, once again that proves that the market is totally unpredictable because no matter how much negative speculations that we saw, the flow of the price is still going in the opposite direction.

I don't think Bitcoin price move in the opposite direction. There should be some reasons why Bitcoin price can increase or decrease. The current increase (BTC hits $44k) is probably the impact of good news about crypto from Ukraine and USA. People are interested to buy more Bitcoin because they view the potential for an improvement on Bitcoin in the near future. It was very different from the situation when BTC price dropped around $35k several weeks ago, people were afraid to buy Bitcoin because of the issue of the world's economic status. The demand was decreasing much, people are worried the war may bring negative impacts to crypto market. So, basically, BTC price moves according to the current situation in crypto, and it can be a bit predictable. IMO

I was a little bit skeptic with the current run, specially when it hits $43,000 again, but seeing the price going as high as $44,000 right now, hard not to think that this could be a bull run or just a bull trap. So we still need to be very cautious in our trading strategy right now, it's better to wait for the price to at least go down to buy and get inside. Of course, there is always the FOMO, but then again, with the war in Europe, we don't know if this the reason behind or it's just that Bitcoin narrative has change, cycles has evolved as well. There were even a call that we might be seeing super cycles, so we will see how it goes.

The good news keeps popping up causing BTC price to rise to 44k yesterday, but it's best that we patiently watch and wait. This is not a good time to FOMO, I still expect BTC to hit 50k by the end of this month but that is just a guess as this is most likely a bull trap.
A lot of people predict this is not bitcoin's bull season but altcoins season, along with BTC a lot of Alts have had rallies in the past week.

[the ghabbar]

I am been having doubt recently that the price of bitcoin may not stay long above $40000, it is like the market is full of bears than bulls or maybe the bulls have become bears for this time until the next bull phase. Bitcoin increase some days ago above $45000, it decreased back to $41500, then increase again yesterday to $44500. I have predicted that if the price do not touch $45000 and above for now, that it is possible the bears will dominate and which is happening. Since yesterday, the price of bitcoin has slightly been on the decreasing side.

Everyone is expecting bitcoin to get to $50000 again, but I am thinking this is not possible for now, I know the price will increase above $50000 but I think it is not now. But what I am mostly thinking about right now is that will $40000 be a support for bitcoin or will the price still decrease further again making it to touch $30000.

The market is currently quite speculative, there is a lot of negative support involving bitcoin in the market, so the price of bitcoin continues to be suppressed until now, I have doubts in the near future for bitcoin to recover, the current price is likely to fall again when viewed from the market scheme of bitcoin sentiment, not yet plus several cases that are happening in the world, which make the issue of bitcoin even worse, this is what pushes bitcoin more and more difficult to rise in the near future

[Oshosondy]

The market is currently quite speculative, there is a lot of negative support involving bitcoin in the market, so the price of bitcoin continues to be suppressed until now,

There has been downturn few weeks ago but this week has been different, right from last week weekend up to today (Friday), the price of bitcoin has-been more on the bull side and the price of bitcoin has risen from price below $38000 to over $43500. The market has been bulksih recently.

I have doubts in the near future for bitcoin to recover, the current price is likely to fall again when viewed from the market scheme of bitcoin sentiment, not yet plus several cases that are happening in the world, which make the issue of bitcoin even worse, this is what pushes bitcoin more and more difficult to rise in the near future

If you mean the war in Ukraine as somethings happening in the world, do not think the war is yet that connect to bull and bear price of bitcoin. In long term, bitcoin will still also increase in oroyce, reach ATH again.

[kesmex]

good news, if Bitcoin  can stay above $40000 and don't fall below $40000 again,
then i am sure that Bitcoin will try to rise at the level of $50000, this is only just to my analysis,

you can look for other references, many on twitter that discuss Bitcoin prices,
hopefully it can goes up to our expectations.

[the ghabbar]

The market is currently quite speculative, there is a lot of negative support involving bitcoin in the market, so the price of bitcoin continues to be suppressed until now,

There has been downturn few weeks ago but this week has been different, right from last week weekend up to today (Friday), the price of bitcoin has-been more on the bull side and the price of bitcoin has risen from price below $38000 to over $43500. The market has been bulksih recently.

Yes, that's right, recently bitcoin has shown a gradual bull, so bitcoin has gone up from $38000 to $43500, but the next question is, will this last or bitcoin return to its previous price, because the market has not fully recovered in my opinion

I have doubts in the near future for bitcoin to recover, the current price is likely to fall again when viewed from the market scheme of bitcoin sentiment, not yet plus several cases that are happening in the world, which make the issue of bitcoin even worse, this is what pushes bitcoin more and more difficult to rise in the near future

If you mean the war in Ukraine as somethings happening in the world, do not think the war is yet that connect to bull and bear price of bitcoin. In long term, bitcoin will still also increase in oroyce, reach ATH again.

Not related to the long term, I mean there is another side that affects bitcoin for now, which is caused by the impact of the war, even though the reality is not that big of an impact, even before the war started, bitcoin has been corrected for a long time

[rhomelmabini]

good news, if Bitcoin  can stay above $40000 and don't fall below $40000 again,
then i am sure that Bitcoin will try to rise at the level of $50000, this is only just to my analysis,

you can look for other references, many on twitter that discuss Bitcoin prices,
hopefully it can goes up to our expectations.

Bad news is it hasn't break the daily yet at $46k and I think that it will still have room for some sideways movement from here but if broken I'd say it will become a parabolic rally. Not to taken lightly those twitter discussion but some analysis out there are sometimes overrated in a sense.

[StreakW]

I think, for now, I see growing positive sentiment that could push the Bitcoin price up to $50k. Even the Bitcoin price has risen above the $40k level to its current $47k position. Therefore, I estimate that the bitcoin price will likely continue to rise and the bitcoin price will likely touch $55k again.