Suppose Bitcoin Price start to rise in 6 week to $30,000 -will you buy or sell ?

[YOSHIE]

If an invisible Elites decides to buy $24 billion dollars worth of Bitcoin and Bitcoin price rise to $30 k or $40 k , how many people do you think will buy more Bitcoin? Or how many people will sell to cash quick thinking in 6 months times Bitcoin price will fall bellow $10k ?

That's beyond speculation & prediction, $30-40k Bitcoin users expect, but not now, maybe 1-2 years in the future, surely a lot of people will sell if what you say happens in the next six months, but speculation & prediction experts for Bitcoin in a short time don't show their clock hands in six months it can happen for Bitcoin to go up to that price point, that's illusory thinking.

I've read someone who has an accurate analysis every time there is a change to Bitcoin, I always follow what he says, for now it's precise and accurate, he says Bitcoin will end this year and enter 2023, down beyond the forecast that has been circulating in the media and the internet, so I believe Bitcoin for the next six months is no illusion, optimistic to buy not to sell.

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[Eternad]

A bull run from 20k to 30k in just 6 weeks is a clear sign of a break out. This is a good sign that the trend is already reversed because there’s already a buy pressure on the market which means this is a good sign to buy after a minor correction for that said outbreak. Every bull run cycle starts at the break out and continues until the new ATH was reach.

It’s bad to buy on the actual outbreak because you might get caught to a bull trap when the buy pressure is starting to weaken. It’s better to purchased during the minor correction during outbreaks.

[Pierre 2]

I think many people would be already buying when it hits above 25000 dollars and above 30000 dollars it would already hit news.
Honestly I wouldn't buy huge amount of Bitcoin yet I think we are still at too early phase for next halving. Although breaking limits can be convincing to at least buy some for quick gains. Like going up from 22000 to 25000. It would be worth. But I tend to hodl. I prefer long term big gains.

[sayaya17]

I think many people would be already buying when it hits above 25000 dollars and above 30000 dollars it would already hit news.
Honestly I wouldn't buy huge amount of Bitcoin yet I think we are still at too early phase for next halving. Although breaking limits can be convincing to at least buy some for quick gains. Like going up from 22000 to 25000. It would be worth. But I tend to hodl. I prefer long term big gains.

As we know every time Bitcoin hits the price of $24k it always fails to go higher. If it turns out that eventually Bitcoin can rise to the price of $25k
or even touch the price of $30k, it will make FOMO happen. So there will be a lot of investors who buy Bitcoin at a price of $25k or $30k, because
Bitcoin can finally get past the resistance price that was previously difficult to pass. But I agree with you, we should not be too happy with the increase
in the price of Bitcoin to reach the price of $ 30k and then decide to buy huge amount of Bitcoin. Because there is a possibility after that the price of
Bitcoin will go down again. It's better if we want to buy Bitcoin from now on when the price is still below $20k. Then when Bitcoin suddenly rises to
the price of $30k we can sell some of it and hold some of it for the long term. But if we want to make big profits, we really have to hold Bitcoin at least
until the bull market comes.

[Silberman]

If an invisible Elites decides to buy $24 billion dollars worth of Bitcoin and Bitcoin price rise to $30 k or $40 k , how many people do you think will buy more Bitcoin? Or how many people will sell to cash quick thinking in 6 months times Bitcoin price will fall bellow $10k ?

This is one of those things which is impossible to predict, at most we can control our reactions to such an event but it's up to the rest of the traders and investors to do what they think it's best for them, also if such whales decided to buy so much bitcoin you can be sure they'll do it in a way that does not increase the price by that much, and only once they were at the end of their buying spree that's when we would hear about all the bitcoin they have been buying, in a clear attempt to try to encourage people to buy bitcoin at that moment.

[bitterguy28]

A bull run from 20k to 30k in just 6 weeks is a clear sign of a break out. This is a good sign that the trend is already reversed because there’s already a buy pressure on the market which means this is a good sign to buy after a minor correction for that said outbreak. Every bull run cycle starts at the break out and continues until the new ATH was reach.

it is given that in 6 weeks meaning closing of October if we are taking from this point? then it is indeed seems to be a legit increase season , middle of last quarter but for me to buy again? I will pass for a while and may choose selling instead?

It’s bad to buy on the actual outbreak because you might get caught to a bull trap when the buy pressure is starting to weaken. It’s better to purchased during the minor correction during outbreaks.

well talking about bitcoin ? there is no way that we could be trapped unless you are not ready to keep Holding when there is a sudden fall.

[Reatim]

If an invisible Elites decides to buy $24 billion dollars worth of Bitcoin and Bitcoin price rise to $30 k or $40 k , how many people do you think will buy more Bitcoin? Or how many people will sell to cash quick thinking in 6 months times Bitcoin price will fall bellow $10k ?

like me who is waiting for increase to sell , I think that taking the opportunity to sell for a while is my first option and decide buying again once there is another dump comes.

What I do believe is that it is a decision we must take risk when there is a certain whale that makes this pumping ,

 and besides there are different types of people here , some who are risk taker and others that assurance is looking for lol.

This is one of those things which is impossible to predict, at most we can control our reactions to such an event but it's up to the rest of the traders and investors to do what they think it's best for them

let those who pretend to know the market release their thoughts but never ride with them or else we will lose together.

[adaseb]

Bond yields are hitting new highs. Stocks and crypto all look weak and like they will break their lows if the fed hikes 1% on Wednesday.

Honestly you need to be nervous when yields are hitting new highs. Usually the bond traders know something we don’t. Most likely tomorrow will be chop and Wednesday will be crazy volatile.

[philipma1957]

Bond yields are hitting new highs. Stocks and crypto all look weak and like they will break their lows if the fed hikes 1% on Wednesday.

Honestly you need to be nervous when yields are hitting new highs. Usually the bond traders know something we don’t. Most likely tomorrow will be chop and Wednesday will be crazy volatile.

my wife and i have usa I bonds getting 9.62%

we are limited to 20k.

we will be adding more to get closer to that 20k level.

we try to be diverse

silver
real estate
doge
ltc
even a little eth
btc
i bonds
401 k all in usa short term bonds this has been brutal for years but is finally doing good.

[Fundamentals Of]

Would anybody even know?

However I am sure that many of those who wanted to buy Bitcoin cheap wouldn't buy even at the current price. When Bitcoin reached $69,000, I am sure that a lot of people thought they came late. Many of them regretted those times when Bitcoin was $20,000 and they failed to buy. But now that the price has fallen all the way to $19,000, many wouldn't still buy because they're afraid it could fall even more. So to your question, it is possible that the buying of those who are fearful would be in the $30,000 to $40,000 range.

[Yaunfitda]

Bond yields are hitting new highs. Stocks and crypto all look weak and like they will break their lows if the fed hikes 1% on Wednesday.

Just shows how stocks and crypto are correlated, but the volatility is obviously not the same, the last CPI reports pushes us down to -10%, while stocks was not that huge.

Honestly you need to be nervous when yields are hitting new highs. Usually the bond traders know something we don’t. Most likely tomorrow will be chop and Wednesday will be crazy volatile.

I guess everyone should be nervous, but needs to settle down specially if you are a crypto investor. We are in a bear market so expect the worst, even if there will be huge dump again this coming Wednesday. So just be prepared to re-invest.

[_BlackStar]

I guess everyone should be nervous, but needs to settle down specially if you are a crypto investor. We are in a bear market so expect the worst, even if there will be huge dump again this coming Wednesday. So just be prepared to re-invest.

Not everyone can rest easy when the price corrects beyond the limits of one's ability to lose. I'm not sure how many people would have survived had they actually invested at $69K last year, but I believe the number of holders for such a high purchase price is very low.

Re-investing is also good to apply as an investment strategy when the market is in a bearish state. But of course the investor must really have a reserve fund to do so. After all, the DCA we've been talking about should also be very useful in this situation.

[lixer]

If an invisible Elites decides to buy $24 billion dollars worth of Bitcoin and Bitcoin price rise to $30 k or $40 k , how many people do you think will buy more Bitcoin? Or how many people will sell to cash quick thinking in 6 months times Bitcoin price will fall bellow $10k ?

Invisible elites huh? Maybe you mean to say whales because they are sometimes responsible for the ups and downs in this market and they try to make their identity anonymous as much as possible because what they are doing is also kinda annoying and many people are going to hunt them in case they show up their identities. If btc rise on those price mentioned in the first post then I think not so many people are going to buy but those who only buy are people who once panic when the price are dumping.

An increase in the price is their comfort zone to accumulate coins while for the rest, we will like be selling some and continue hodling the rest of our coins.

[livingfree]

1 or 2 more halving and that's where I'd be selling some of my bags. If it's 1 more halving then that's around 2 years from now and I'll be waiting until bitcoin manages to reach some certain high by that time.

$30k - $40k is a good price if it's already the bottom and that's like guaranteed and a good price for most of us that has accumulated earlier. Well, still it's a good strategy to DCA no matter what the price is.

You'll never notice that you've gained a lot from such when the market is in fall.

[Scripture]

If an invisible Elites decides to buy $24 billion dollars worth of Bitcoin and Bitcoin price rise to $30 k or $40 k , how many people do you think will buy more Bitcoin? Or how many people will sell to cash quick thinking in 6 months times Bitcoin price will fall bellow $10k ?

Hard to predict the future trend but usually if Bitcoin started to rise again and there’s another hype, the price can even go beyond $30k, so it’s still safe to buy at that time but why wait where you can buy now at a cheaper price?
Buy now and if the price goes deeper below $10k, then buy more. It may look risky buy in the long run you wont regret doing that because Bitcoin will always rise, It’s just a matter of time before we see that.

[laurenB7742]

Bond yields are hitting new highs. Stocks and crypto all look weak and like they will break their lows if the fed hikes 1% on Wednesday.

Honestly you need to be nervous when yields are hitting new highs. Usually the bond traders know something we don’t. Most likely tomorrow will be chop and Wednesday will be crazy volatile.

CPI did not fall as expected and Fed rate hike is inevitable, but 1% increase is very high. If this happens, not only will the stock and crypto markets be hit hard, but the world economy will likely enter a recession. The previous forecast was for an increase of 0.5% for September but it looks like there will be a correction and many predictions I've read through are 0.75% will happen, not 1%.
Bitcoin's drop to $18k6 on the 19th could be due to the impact of interest rate predictions, which could see the market reacting first. If interest rates were 0.75%, I don't think the market would be more volatile.

[Silberman]

Would anybody even know?

However I am sure that many of those who wanted to buy Bitcoin cheap wouldn't buy even at the current price. When Bitcoin reached $69,000, I am sure that a lot of people thought they came late. Many of them regretted those times when Bitcoin was $20,000 and they failed to buy. But now that the price has fallen all the way to $19,000, many wouldn't still buy because they're afraid it could fall even more. So to your question, it is possible that the buying of those who are fearful would be in the $30,000 to $40,000 range.

Those people which always want to buy at the best possible price are ironically the ones that get the worst price possible, they wait for the bottom to appear but once it does they are afraid of buying as they keep thinking about the possibility of the price of bitcoin going lower, so what do they do? They buy bitcoin once they are sure there is a positive trend, but once you can be sure of such thing most of the positive moment is already gone and you are buying your coins dangerously close to the ATH.

[Falconer]

At least if that happens, then I make sure my current investment has turned a profit. However, I have good reason to keep my bitcoins because $69K is ATH that should be achievable again in the future. There is no desire to sell it unless there is a very urgent need.

Some time ago, inflation had forced me to sell some investments for altcoin assets. But I really believe I can still hang on to bitcoin. So if $30K can be hit in the next few months, then I'm hoping to stay on hold longer.

[arwin100]

Would anybody even know?

However I am sure that many of those who wanted to buy Bitcoin cheap wouldn't buy even at the current price. When Bitcoin reached $69,000, I am sure that a lot of people thought they came late. Many of them regretted those times when Bitcoin was $20,000 and they failed to buy. But now that the price has fallen all the way to $19,000, many wouldn't still buy because they're afraid it could fall even more. So to your question, it is possible that the buying of those who are fearful would be in the $30,000 to $40,000 range.

Those people which always want to buy at the best possible price are ironically the ones that get the worst price possible, they wait for the bottom to appear but once it does they are afraid of buying as they keep thinking about the possibility of the price of bitcoin going lower, so what do they do? They buy bitcoin once they are sure there is a positive trend, but once you can be sure of such thing most of the positive moment is already gone and you are buying your coins dangerously close to the ATH.

Normally this is how newbie people reacts towards certain actions happened on the market since they don't know nor have an idea if they going to have best position to buy or it will go more deeper. That's why they need to be more observant to each movement since this could being them good help once they want to know something valuable in future if certain the same condition happening again for another try on their trades.

[Johnyz]

Would anybody even know?

However I am sure that many of those who wanted to buy Bitcoin cheap wouldn't buy even at the current price. When Bitcoin reached $69,000, I am sure that a lot of people thought they came late. Many of them regretted those times when Bitcoin was $20,000 and they failed to buy. But now that the price has fallen all the way to $19,000, many wouldn't still buy because they're afraid it could fall even more. So to your question, it is possible that the buying of those who are fearful would be in the $30,000 to $40,000 range.

Probably they will still buy at that price level, many will start to buy because they have more confidence now that the market will continue to rise and be better. Personally, I don’t want to catch up the market late so as early as now I’m buying small with Bitcoin because I know good days will come and its better that you are prepared for that time.