Bitcoins Crossed 20k USD!! Don’t lose hope now.

[saint_casanova]

Hope means nothing when we have a war ongoing that could threaten and drag the whole world into it. I just want to be realistic, 20k is okay for now but I don't see much hope on BTC able to keep over that line for long.

That "any price could happen" is the thing that people with mental capacity to understand logical outcomes could conjure up and not many other people. There aren't enough people who can see the realities of the market and realize that 15k is as much possible as 50k in this market and none of them should be out of bounds, they are all logical outcomes depending on the outcome of what we do, which is buying or selling.

If the market decides that it is risky to hold, and start selling more than buying then the market will go down, or if vice versa happens then we are going to go up. If people can't see that and try to find a number that makes more sense than the other number, they will lose.

Well, I also don't really like to say it, especially when people unfamiliar with Bitcoin or crypto talk to me about it BUT to be fair though, that really is the reality of it.

Any price could happen is a mathematical possibility, but what people who say this don't usually understand is that we're more likely to go to zero than to any big imagined number that we haven't achieved yet. I know 15k is as possible as 50k but in THIS market, 15k has to be more likely yes?

Right now? Yes, $15k seems more likely than $50k, in my opinion. I don't even know why there are the $50k numbers. At least, if all the good news and some luck, we could bound back to the $30k range maybe.   But since we are talking about what was behind the market, trader and investor expectation, strong selling seem like the overall trend in the market.

[1714907086]

1714907086

[1714907086]

1714907086

[Smartvirus]

The bear market is a whole lot of another story in the lives of crypto investors. In some way, its a time to shade off old skin in the likes of those who aren't true crypto investors and came to party just because of the pump and so, they end up panic selling when it dumps. In the same time, it creates an opportunity for new investors to step into the field and for existing true investors to increase there hodlings. A complete blessing in disguise that your not going to like the feeling if you've got no other source of income to keep you going. It teaches so many lessons that I feel its a necessity to be experienced. The devaluation of your hodlings and the distress it could bring.

Good enough, it's on the rise again and rather slowly than the pace at which it dumped and all these are in line with building a healthy market and that's a good thing.

[ptk1]

Now Bitcoin peice still increasing. It’s price near about 21k USD. I think bitcoins will not come under $20k no more. But this price level will stay for some month. My thinking, when Ukraine & Russia war will end then bitcoin price will increase and it will for new ATH. I think it is best time for buy bitcoin and for hold it. I think who are bought already in low price they will be huge benefited there has no doubt. So do not less hope now. My opinion Bitcoin price will hit $30k to $50k within this year. And beginning of year 23 it will hit new ATH. It is my opinion and i strongly believe it.

[ReiMomo]

Yes, the correction seems to be getting over and Bitcoin is back on track moving forward. I am sure, the market will move upward and start growing. Those who have accumulated as much as crypto currencies they could, they will obviously gain lots of profits in near future. This is the nature of cyrpto currencies and those who are here for a long time, must know it.

[gabbie2010]

Hope soon Bitcoin recovers it’s price

Bitcoin price should recover, but it may take months until that happens, so you need quite some more patience.
We're in a bear market now and this is the part where trust and patience uses to pay off.
If you lack these two you will most probably give up, since the price may or may not remain over 20k until the bear market ends.

Bitcoin may come down again in a few days. However, at present Bitcoin is fluctuating between 21,000. This situation will not last long. Those who are interested in investing in Bitcoin should wait a few more days. Buy Bitcoin prices are actually on a downward trend step by step. I hope you will benefit .

There is a Strong resistance at $21500 which the had rejected the price, since bitcoin couldn't break that resistance consequently the price retraced or bullback to $20500 which is likewise a strong support, the price is unpredictable now if the price breaks either of the above mentioned support or resistance thus the price will move towards that broken zone, for now the market is still bearish, an opportunity to DCA and hodl for the upcoming days ahead, probably next month the price may experience massive pumping and resume the bullish market.

[dunfida]

Hope soon Bitcoin recovers it’s price

Bitcoin price should recover, but it may take months until that happens, so you need quite some more patience.
We're in a bear market now and this is the part where trust and patience uses to pay off.
If you lack these two you will most probably give up, since the price may or may not remain over 20k until the bear market ends.

Bitcoin may come down again in a few days. However, at present Bitcoin is fluctuating between 21,000. This situation will not last long. Those who are interested in investing in Bitcoin should wait a few more days. Buy Bitcoin prices are actually on a downward trend step by step. I hope you will benefit .

There is a Strong resistance at $21500 which the had rejected the price, since bitcoin couldn't break that resistance consequently the price retraced or bullback to $20500 which is likewise a strong support, the price is unpredictable now if the price breaks either of the above mentioned support or resistance thus the price will move towards that broken zone, for now the market is still bearish, an opportunity to DCA and hodl for the upcoming days ahead, probably next month the price may experience massive pumping and resume the bullish market.

There's a strong resistance into that point on which we cant really tell if there would be some break out or would be totally rejected and which might result into further dips or decline on the market if it would really be

failing on breaking out that ceiling which is something hard and cant really be predicted but for those who would really tend to make out some risk on this current price level then its up to their call but if we do

really base up on history or past prices in previous months then we could really tell that we are really that low but since we are just humans then it cant really be avoided
that we would really be having those doubts because we do think that it might really be going even more further which is something cant be removed on someones mind.

[slaman29]

Any price could happen is a mathematical possibility, but what people who say this don't usually understand is that we're more likely to go to zero than to any big imagined number that we haven't achieved yet. I know 15k is as possible as 50k but in THIS market, 15k has to be more likely yes?

Right now? Yes, $15k seems more likely than $50k, in my opinion. I don't even know why there are the $50k numbers. At least, if all the good news and some luck, we could bound back to the $30k range maybe.   But since we are talking about what was behind the market, trader and investor expectation, strong selling seem like the overall trend in the market.

It's my opinion but in this case I don't think opinion is as strong as fact. The fact is, we are just above 20k now, so to drop to 15k, we need only a 25% value loss. To reach 50k, we would need 250% value gain. And in this economy?

It's fine to be optimistic and I'm definitely optimistic long term but we can't sacrifice our vision and choose to ignore what's right in front of us. Ignoring that puts us in a worse position later.

[tygeade]

Hope means nothing when we have a war ongoing that could threaten and drag the whole world into it. I just want to be realistic, 20k is okay for now but I don't see much hope on BTC able to keep over that line for long.

well you are right about that. there is a big chaos going on in the world.. we were already struggling because of Covid and lockdown. and then suddenly this Russia Ukrain Conflict started. Economy is in disaster so is Crypto Market.
in My opinion Bitcoin Price will fluctuate between $18k to $22k for some time. this bear market is gonna be a long one. probably gonna stay for a year.

I wonder if anything major like that would happen anytime close? I mean sure we had pandemic and lockdown and then the war and all of that impacted the world quite bit and that looks like something that will worry a ton of people. But to me, it feels like we are in a situation where it is not going to be that easy to just say "it’s all over, now we can go up" because people are waiting for another crazy thing to happen, or at least they know that there is a possibility of such a thing.

In the end, we are not really doing something that will shock the world by buying up at low prices, but the moment it starts to go back up too much, we stop, and market just waits for it to drop again to keep on accumulating more.

[Sayeds56]

Any price could happen is a mathematical possibility, but what people who say this don't usually understand is that we're more likely to go to zero than to any big imagined number that we haven't achieved yet. I know 15k is as possible as 50k but in THIS market, 15k has to be more likely yes?

Right now? Yes, $15k seems more likely than $50k, in my opinion. I don't even know why there are the $50k numbers. At least, if all the good news and some luck, we could bound back to the $30k range maybe.   But since we are talking about what was behind the market, trader and investor expectation, strong selling seem like the overall trend in the market.

It's my opinion but in this case I don't think opinion is as strong as fact. The fact is, we are just above 20k now, so to drop to 15k, we need only a 25% value loss. To reach 50k, we would need 250% value gain. And in this economy?

It's fine to be optimistic and I'm definitely optimistic long term but we can't sacrifice our vision and choose to ignore what's right in front of us. Ignoring that puts us in a worse position later.

I think if current weekly candle closes above 20,387 which is a pivot point then we can expect a relief rally in July,22 that can take Bitcoin price to around 25K. The reason of being optimistic is 2 consecutive weekly green candles, crossover on MACD day chart as well as crude oil price has come down from $120 to around 110,(hope this trend will continue) that is the main driver of inflation world wide. Let's watch and wait how market plays out in July. DYOR

[btc78]

week had passed yet Bitcoin stays in this 20k level so maybe we are soon to see some good coming for us?  or at least something to be expected to come this next quarter?

I'm afraid that we will be staying this level this another quarter but at least we can expect nothing bad sooner, because there are some speculative that bitcoin will drown down to 13k or even 10k .

Yes, the correction seems to be getting over and Bitcoin is back on track moving forward. I am sure, the market will move upward and start growing. Those who have accumulated as much as crypto currencies they could, they will obviously gain lots of profits in near future. This is the nature of cyrpto currencies and those who are here for a long time, must know it.

are we still talking about correction now? when the truth is? we are not in the same boat since june started.

[wmaurik]

Now Bitcoin peice still increasing. It’s price near about 21k USD. I think bitcoins will not come under $20k no more. But this price level will stay for some month. My thinking, when Ukraine & Russia war will end then bitcoin price will increase and it will for new ATH. I think it is best time for buy bitcoin and for hold it. I think who are bought already in low price they will be huge benefited there has no doubt. So do not less hope now. My opinion Bitcoin price will hit $30k to $50k within this year. And beginning of year 23 it will hit new ATH. It is my opinion and i strongly believe it.

Everyone is always entitled to express their own opinion even though everyone still needs some considerations to believe it. But in my opinion, as long as market conditions are still as they are today, Bitcoin is still very possible to be under $20k and a little more difficult to reach a price of $30k in the near future or this year. But if next month there is a gradual increase in buying demand in Bitcoin, then there is a possibility that the price of Bitcoin could increase again as you said because when it starts to happen, there will definitely be a lot of people entering the market again and market conditions will look better.

[JohnBitCo]

Any price could happen is a mathematical possibility, but what people who say this don't usually understand is that we're more likely to go to zero than to any big imagined number that we haven't achieved yet. I know 15k is as possible as 50k but in THIS market, 15k has to be more likely yes?

Right now? Yes, $15k seems more likely than $50k, in my opinion. I don't even know why there are the $50k numbers. At least, if all the good news and some luck, we could bound back to the $30k range maybe.   But since we are talking about what was behind the market, trader and investor expectation, strong selling seem like the overall trend in the market.

It's my opinion but in this case I don't think opinion is as strong as fact. The fact is, we are just above 20k now, so to drop to 15k, we need only a 25% value loss. To reach 50k, we would need 250% value gain. And in this economy?

It's fine to be optimistic and I'm definitely optimistic long term but we can't sacrifice our vision and choose to ignore what's right in front of us. Ignoring that puts us in a worse position later.

Well, it may seem that bitcoin might go to 15K only because it is just 5000$ below or only 25% loss in value but it won't be easy. The reason is that everyone knows the potential of bitcoin and the long vision investors and whales will buy at every dip and we may not find the 15000$ mark. However, keeping the fundamentals and current fiat collapse & inflation, 50,000$ or beyond is more likely to happen even though there is a difference of 30,000$ to reach there.

[sakil200]

How do I do that?

How to make proof of authentication?

Example:

Code:

 Proof of authentication post
Bitcointalk username:
Bitcointalk profile link:
Telegram username:
The campaign department participated in:
Polygon Wallet Address: [/ code] [/ center]

[slaman29]

Well, it may seem that bitcoin might go to 15K only because it is just 5000$ below or only 25% loss in value but it won't be easy. The reason is that everyone knows the potential of bitcoin and the long vision investors and whales will buy at every dip and we may not find the 15000$ mark. However, keeping the fundamentals and current fiat collapse & inflation, 50,000$ or beyond is more likely to happen even though there is a difference of 30,000$ to reach there.

I think if current weekly candle closes above 20,387 which is a pivot point then we can expect a relief rally in July,22 that can take Bitcoin price to around 25K. The reason of being optimistic is 2 consecutive weekly green candles, crossover on MACD day chart as well as crude oil price has come down from $120 to around 110,(hope this trend will continue) that is the main driver of inflation world wide. Let's watch and wait how market plays out in July. DYOR

Well, looks like today we again broke 20k support. Yes we bounced back and still above it right now but it doesn't look good at all, and I think this week we receive more bad news from US economy (jobs and GDP growth). Pricing in is happening as everyone expects bad news so the bright side is that if we get any data that's even a little better than expected, we might see a rebound but I think 22k is where we need to hold first until next week.

[Sayeds56]

Well, it may seem that bitcoin might go to 15K only because it is just 5000$ below or only 25% loss in value but it won't be easy. The reason is that everyone knows the potential of bitcoin and the long vision investors and whales will buy at every dip and we may not find the 15000$ mark. However, keeping the fundamentals and current fiat collapse & inflation, 50,000$ or beyond is more likely to happen even though there is a difference of 30,000$ to reach there.

I think if current weekly candle closes above 20,387 which is a pivot point then we can expect a relief rally in July,22 that can take Bitcoin price to around 25K. The reason of being optimistic is 2 consecutive weekly green candles, crossover on MACD day chart as well as crude oil price has come down from $120 to around 110,(hope this trend will continue) that is the main driver of inflation world wide. Let's watch and wait how market plays out in July. DYOR

Well, looks like today we again broke 20k support. Yes we bounced back and still above it right now but it doesn't look good at all, and I think this week we receive more bad news from US economy (jobs and GDP growth). Pricing in is happening as everyone expects bad news so the bright side is that if we get any data that's even a little better than expected, we might see a rebound but I think 22k is where we need to hold first until next week.

You are absolutely right, Bitcoin need to hold around 22K before it moves further up but unfortunately it again broke 20K yesterday which is sign of weakness in the market due to shrinking volumes. Bitcoin has shown strong co-relation with US stock market during the past month which is against its perception of store of value and hedge against inflation. It should show its co-relation with Gold because both are store of value.

[saint_casanova]

Any price could happen is a mathematical possibility, but what people who say this don't usually understand is that we're more likely to go to zero than to any big imagined number that we haven't achieved yet. I know 15k is as possible as 50k but in THIS market, 15k has to be more likely yes?

Right now? Yes, $15k seems more likely than $50k, in my opinion. I don't even know why there are the $50k numbers. At least, if all the good news and some luck, we could bound back to the $30k range maybe.   But since we are talking about what was behind the market, trader and investor expectation, strong selling seem like the overall trend in the market.

It's my opinion but in this case I don't think opinion is as strong as fact. The fact is, we are just above 20k now, so to drop to 15k, we need only a 25% value loss. To reach 50k, we would need 250% value gain. And in this economy?

It's fine to be optimistic and I'm definitely optimistic long term but we can't sacrifice our vision and choose to ignore what's right in front of us. Ignoring that puts us in a worse position later.

Damn, you're right. Looks at how the BTC price now, just under $20k and everything seems grim. Feels odd how last week, since it was over $20k and everyone come out with their hope on its price going up. Now, just under $20k and we bite our tongue, talk about it going to lower.

[FlamingFingers]

Capitulation is yet to take place, if you intend to trade based on long position, use a tight stop loss, because the bottom is not yet in, don't think that because bitcoin had crossed the 20k level that's the bottom, no it's not, one of the best trade for now is shorting, until we test 15k or below, when lots of people will begin to loose hope in bitcoin that's when to buy major dip