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Author Topic: Will Bitcoin Price Enter the $30k Area?  (Read 1335 times)
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April 26, 2022, 04:32:32 AM
 #141

If we see to the market trends, the bitcoin price when it enters the $30k area then there is a very large transaction volume, even today when the price rose from $38k to $40k the transaction volume rose more than 29%, this proves that investors are waiting for the price low to buy.
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May 01, 2022, 09:20:46 AM
 #142

Today there was a price correction of around 2% and now we are entering the $30k area, many experts believe that the price will continue to decline because of the trend that occurs every 4 years so we deserve to be patient and don't do anything, it's better to wait and if the price is below $35 k then you should immediately switch to coin stable.
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May 01, 2022, 09:36:50 AM
 #143

Today there was a price correction of around 2% and now we are entering the $30k area, many experts believe that the price will continue to decline because of the trend that occurs every 4 years so we deserve to be patient and don't do anything, it's better to wait and if the price is below $35 k then you should immediately switch to coin stable.

You do know this is not the first time we broke 40k support recently, ya? And since when is 2% cause for concern anyway?

They are right though, these experts haha. Lower lows and less time spent above 40k. Hate to admit it but weakness all over spelling blood. Crunch time coming, we are just going to have to bite down.

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May 17, 2022, 07:13:42 PM
Last edit: June 11, 2023, 11:51:26 PM by STT
 #144

Its a weak recovery at present, likely to need a repeat and confirmation of any support process in play.   I think we have not had enough volume with any buying to justify alot of optimism.



This shows to me we are at best likely to go sideways.   It can recover later but thats yet to show, just holding here would be something to build on but really needs to get back above 35k or presume selling continues to be bias.

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June 11, 2022, 05:10:09 PM
 #145

$30k area? Isn't it now down below $30k?, I think it's the strongest support at $30k but $28k is the strongest support,
well hopefully, everyone hopes that $28k can withstand the bearish sentiment that occurs in all social media,
because they have seen dumped actcoins more than -90% of course this makes me sure the market will recover

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June 17, 2022, 01:26:27 PM
 #146

After almost 3 months in the range of $40k bitcoin then dropped and is now around $20700, of course this is a very vulnerable level because if bitcoin drops below $20k then many panic, making it harder for the market to recover.
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June 17, 2022, 05:35:26 PM
 #147

After almost 3 months in the range of $40k bitcoin then dropped and is now around $20700, of course this is a very vulnerable level because if bitcoin drops below $20k then many panic, making it harder for the market to recover.
As of today the bitcoin price is still trading around $20K to $22K. There is the potential for a possible crash to see the bitcoin price drop below $20K, and if that happens then we can assure ourselves that a repeat dump scenario like 2018 could become a reality. Maybe now isn't the time to think about how a bad scenario could happen to bitcoin, but we have to believe that $20K is a very good opportunity to get bitcoins in the wallet.

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June 23, 2022, 03:31:10 PM
 #148

I think now is a good time to follow the market. It's the  time of the year where money is been made. For me I tested a short with 200 bucks margin. Let's see if it that works.
Overall i feel like a bear, but we may seem opportunities on the short term.
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August 10, 2022, 06:00:03 AM
 #149

Quote
I think now is a good time to follow the market. It's the  time of the year where money is been made. For me I tested a short with 200 bucks margin. Let's see if it that works.
Overall i feel like a bear, but we may seem opportunities on the short term.

I don't think, the market is looking good for traders to achieve a good profit because the price is still low for those that purchased at the rate of $30,000 few months ago in the market. Since we are still in the bear season, it will be difficult for traders to make a huge amount of money in this season compared when the price of Bitcoin was $50,000 in the market that was making traders to smile through out the season. Based on what is happening right now in the crypto market, it show that traders will soon experience bullish season in the community because the price of Bitcoin is about to hit higher for long term traders and short term traders to smile again.

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August 10, 2022, 05:33:37 PM
 #150

$30k for Bitcoin can be achieved this month, considering Bitcoin has also experienced an uptrend,
and is now at a price of $24k, yes, if it can survive above $25k then $30k will be achieved soon,
moreover the sentiment is still bullish, hopefully it can be achieved in end of august

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August 18, 2022, 02:40:56 PM
 #151

I don't think the bitcoin price will go down to the $30k area. although the last few days, the price of bitcoin had fallen to the range of $35k, now the price of bitcoin has increased again and the price of bitcoin is trading again in the range of $39k. I believe that in the near future the target price for bitcoin will be in the $42k-$45k range.

If Fed keeps increasing rates we might see BTC drop to 30 K. And if FEDs increase rates by 50 BPM in mid of march, There is more probability to BTC to test 30K level.
The Fed has made a policy of raising interest rates this month. The impact of the massive interest rate hikes, has had an impact on the crypto market in the past month or so. The price of bitcoin has experienced a very deep price drop where it is currently trading in the $23k price area.

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August 18, 2022, 03:38:10 PM
 #152

I don't think the bitcoin price will go down to the $30k area. although the last few days, the price of bitcoin had fallen to the range of $35k, now the price of bitcoin has increased again and the price of bitcoin is trading again in the range of $39k. I believe that in the near future the target price for bitcoin will be in the $42k-$45k range.

If Fed keeps increasing rates we might see BTC drop to 30 K. And if FEDs increase rates by 50 BPM in mid of march, There is more probability to BTC to test 30K level.
The Fed has made a policy of raising interest rates this month. The impact of the massive interest rate hikes, has had an impact on the crypto market in the past month or so. The price of bitcoin has experienced a very deep price drop where it is currently trading in the $23k price area.

Current 23k but now bull market has started. So hopefully going to 30k is very easy. It is true that no one can tell when the market will go. The market was down due to being in a bear market for many days. But even then the price of Bitcoin can go down. Because the market always goes up and down.
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