What comes next for Bitcoin: $20K or $30K?

[Marvell1]

aiming for 30k , I believe we will be seeing this in a couple of weeks or at least in before this month ends?

February shows us how good bitcoin can be and also I am watching for this at least since January but the movement now seemingly will be bringing me more profitable month that the last.

and also the votes seems to be a growing for 30k.

Only 1 week left until the end of February, and the expectation of reaching $ 30k before the end of the month is too high, without any big news, bitcoin has no chance of getting there. My prediction is that bitcoin will hit $ 30k before dropping to $ 20k, although bitcoin has increased significantly, but the buying power is still not high, so I think the shark needs to push bitcoin higher to create Fomo before it falls back.

Investors have become smarter, they are still very wary of what is going on, so if bitcoin drops now there will be no panic in the market or profits for the sharks. So I guess one more bullish wave is needed.

[maydna]

aiming for 30k , I believe we will be seeing this in a couple of weeks or at least in before this month ends?

February shows us how good bitcoin can be and also I am watching for this at least since January but the movement now seemingly will be bringing me more profitable month that the last.

and also the votes seems to be a growing for 30k.

Perhaps, it still can't reach $30k by the end of this month because the price difference is still around $6k-$7k, so it will take a little longer unless there is major support or more positive news that can convince investors to buy bitcoin in large quantities that can move its price to break every high. Maybe the decider will be in the next month because that's the end of Q1 for the year, so maybe the price will start showing massive moves in Q2 or beyond. But let's see how bitcoin moves in the next month while still waiting for the new ATH to be reached.

[tygeade]

It is true that the price drop is still relatively higher than the previous lowest price and at this time, the price can return to the $ 24K level. And hopefully, after yesterday's correction, the price can continue to rise to $ 30k. We are all still waiting for the price to increase step by step and enjoying the ups and downs of Bitcoin prices while trying to accumulate more bitcoin.

Basically it means that buyers are looking into it more than the sellers. As soon as it drops, people end up buying more and I am guessing that it is going to end up with a good situation that will be a lot higher than what we have been in a long time. I know that people are upset about the current situation because it is not going to be easy choice to keep buying, it has been a long time since we have been high so there are still a lot of people with anxiety about the price.

But if we keep allowing that type of fear to control our finance, then we are not going to be able to profit when the price inevitably goes up, which it will, there is no way around that. So buy when you can, before it is too high.

[el kaka22]

30k definitely looks quite possible these days. We are breaking barriers after barriers and it is looking quite good. I understand that 20k is more likely in the sense that we have gone back down to that before and we haven't been 30k for a long time now, it has been months and months since we reached that price so I understand the worry that we may not go there when there is 20k which we have been so many times before, but I think the direction is towards 30k these days.

I hope that I am not wrong for the sake of our investments, there are very few people shorting compared to all the people who are holding and price going up would be a lot better for the whole market.

[Quidat]

aiming for 30k , I believe we will be seeing this in a couple of weeks or at least in before this month ends?

February shows us how good bitcoin can be and also I am watching for this at least since January but the movement now seemingly will be bringing me more profitable month that the last.

and also the votes seems to be a growing for 30k.

Perhaps, it still can't reach $30k by the end of this month because the price difference is still around $6k-$7k, so it will take a little longer unless there is major support or more positive news that can convince investors to buy bitcoin in large quantities that can move its price to break every high. Maybe the decider will be in the next month because that's the end of Q1 for the year, so maybe the price will start showing massive moves in Q2 or beyond. But let's see how bitcoin moves in the next month while still waiting for the new ATH to be reached.

Being positive isnt that bad but we should really be at least sticking into those realistic approach and ideas on which it wouldn't result into frustration or being annoyed or getting angry just because
the price didnt able to hit up on what you had that price in mind.This is why it would really be just that stick into those realistic approach because if we do see on how this market move and behaves,
then reaching out 30k isnt something that too easy to be done.Lets just focus on how to buy low and sell high and if you are into holding then its still good.
Not all people would really be that love on risks taking on dealing with volatility in active manner.

[lionheart78]

What are your thoughts? Will the bullish uptrend continue or will price get rejected by $25K resistance level and correct back to the downside?

I am optimistic and I voted 30k. Clearly a cooldown will come again - sooner or later -, but we seem to jump into a FOMO-like atmosphere already (at least crypto Twitter seems to be there), and if it's so then the cooldown may only happen after 35-40k (and will be a bit painful/disappointing for some).

Well, if FOMO kicks in, I would say $35k - $40k is easy and we might see a change in the pattern and cycle of BTC.  I am still unsure if the price would go up or down since there is no news to hype the market nor FUD the market. 

Being positive isnt that bad but we should really be at least sticking into those realistic approach and ideas on which it wouldn't result into frustration or being annoyed or getting angry just because
the price didnt able to hit up on what you had that price in mind.This is why it would really be just that stick into those realistic approach because if we do see on how this market move and behaves,
then reaching out 30k isnt something that too easy to be done.Lets just focus on how to buy low and sell high and if you are into holding then its still good.
Not all people would really be that love on risks taking on dealing with volatility in active manner.

But we are talking about Bitcoin here and not just any ordinary stocks.  We all know the Bitcoin market is crazy, can spike more than 100% in just a couple of days, or crash more than 50% in the same way too.  So for now $30k is somehow reachable, just need a little push on the FOMO side.

Indeed not all people like to deal with high volatility but speculative merchants and investors do. 

[ethereumhunter]

It is true that the price drop is still relatively higher than the previous lowest price and at this time, the price can return to the $ 24K level. And hopefully, after yesterday's correction, the price can continue to rise to $ 30k. We are all still waiting for the price to increase step by step and enjoying the ups and downs of Bitcoin prices while trying to accumulate more bitcoin.

Basically it means that buyers are looking into it more than the sellers. As soon as it drops, people end up buying more and I am guessing that it is going to end up with a good situation that will be a lot higher than what we have been in a long time. I know that people are upset about the current situation because it is not going to be easy choice to keep buying, it has been a long time since we have been high so there are still a lot of people with anxiety about the price.

But if we keep allowing that type of fear to control our finance, then we are not going to be able to profit when the price inevitably goes up, which it will, there is no way around that. So buy when you can, before it is too high.

That's why we really have to be able to control ourselves in all situations so we won't be affected. Maybe buying at this time is not a good thing because the price trend is still declining, but who knows, it's only temporary and after a few hours, the price can reverse direction and immediately increase.

At least, we can try buying at this low price and holding it for a while to see where the market trend will go. And if the market trend continues to decline, we can prepare some money to buy again, but don't buy all-in because that's not recommended.

[doomloop]

I think maybe bitcoin will bull to $30 in anytime from now and,even me too praying, let bitcoin rise to $26k, if Bitcoin rise to$26k.Bitcoin reach $30k and if he blow $24k to $21,and  it will go to $20k. One thing if Bitcoin reach $20k am not going to sell Bitcoin.But Bitcoin will be bull in the cap,so am expecting Bitcoin to rise to $30k in this week,for me to be rich.

Bitcoin has yet to break the $25k target strongly, which is why we are still seeing corrections in the market today. A strong breakout is definitely needed if the market is to go to $30k. Achieving this target this week is not important as we should see a healthy bounce in the market in the short term. However, Bitcoin's recent performance is giving traders confidence that momentum will return to the Bitcoin market in the coming days.

The price is too unstable at the moment, it has dropped below $23k today, and as it seems, it might even go lower if we see another correction within a couple of days or so. If it manages to break above $25k from here, then we might see some interesting price actions entering the next week.

If I was to buy Bitcoin, I would still wait for some days before I get into it, or maybe I would buy some today when it dropped to $23k something, I think it was a pretty good price to buy a few sats.

[dansus021]

for now, 25K level is the crucial point but based on your chart if we can break and remain stable at 25K level it is not impossible to test the resistance of 30K maybe little bit impossible on this first Q1 to stable at above 30K since 31K is very high to break,

bitcoin previously test 31K level as support many times and this becomes a major resistance in my opinion but well see 

[GreatArkansas]

$20,000 here is the nearest. I'll go with $20,000. The $20,000 level now is an extremely significant level for Bitcoin right now. If you take a look at last month or when we start to trading above the $20,000 level, it became strong support, multiple times Bitcoin tested it but it keeps bouncing above $20,000.
So for me, $20,000 is the strong level here plus its psychological support.

[ilovealtcoins]

Although bitcoin and the market are reacting negatively after the news about PCE was not as expected, many rumors suggest that the Fed will continue to raise interest rates after inflation shows signs of picking up again. But I still believe bitcoin will not drop below 20k but will continue to rise to the 30k, wait and see what happens.

[wxa7115]

for now, 25K level is the crucial point but based on your chart if we can break and remain stable at 25K level it is not impossible to test the resistance of 30K maybe little bit impossible on this first Q1 to stable at above 30K since 31K is very high to break,

bitcoin previously test 31K level as support many times and this becomes a major resistance in my opinion but well see 

25k is proving to be a level which is difficult to surpass, but given enough time this should happen, the decline we are experiencing while unexpected is not that relevant as the bears are failing to push the price downward that much as the demand for bitcoin is still strong.

So give it enough time and the price should go back to 24k and eventually new attempts to break away from the 25k level should happen again.

[ivankoh]

I think the market sentiment isn't ready to break through the $25k boundary yet, the possibility of a 30k move up will have to wait for a stiff support at 22k4 or fail to break through to the next low of 20k, I guess if the market continues to go down directly at $20k, we need to wait more time for a stronger transition in the March. I think the momentum is there but it takes time and more work. The market is still pivoting to more extreme sentiment due to recent events.

[Ziskinberg]

for now, 25K level is the crucial point but based on your chart if we can break and remain stable at 25K level it is not impossible to test the resistance of 30K maybe little bit impossible on this first Q1 to stable at above 30K since 31K is very high to break,

bitcoin previously test 31K level as support many times and this becomes a major resistance in my opinion but well see 

if we can break the $25k, the I would say that $30k is quite possible. But as we can see, the price of Bitcoin is still at $23k, and the uptrend motion of the market is really not enough to hold and keep the momentum upright. Reaching $25k seems not easy, yet I was optimistic that it will happen this 1st quarter of this year.

Maybe if we are badly affected by inflation, I believe that more investors will put their money into crypto and increase demand. Unfortunately, the situation isn't going great plus the unsettled conflict between Russia and Ukraine.

[Reid]

30k. Lets go! It had been going down on the recent days but I don't doubt the power of Bitcoin. It's just a manner of time before we see another bull to come. I can feel it, the economy seems to be getting better. Prices of daily necessities are going down so there's a lot of savings for our Bitcoin supporters to but more and increase the demand.
We just need to be patient as this will take time before we can feel the surge.

[summonerrk]

A week has passed since the topic was created, but the situation has not changed much. The feeling that the price wants to test the level of 20 thousand dollars. Despite the fact that the majority (90 percent) considered that the price of bitcoin will rise to thirty thousand dollars. But I am sure that in any case, the price will grow to this level in the coming months.

[gunhell16]

With price currently testing $25K for the forth time in recent days, was curious on current market sentiment. Do you think $20K or $30K will happen next?



Personally I think if price can reclaim $25K then we will see $30K next, but otherwise if price drops below $23K then $20K becomes more likely again, as I think $21.5K will be less likely to hold as support again.

What are your thoughts? Will the bullish uptrend continue or will price get rejected by $25K resistance level and correct back to the downside?

At the current price value of Bitcoin, it has increased again by 23, 700$ plus in the market, it can probably reach 24200$ today.

It is really possible to play 23k$-25k$ the resistance it will move on the graph, this is based on my analysis in chart trading. But it's still hard to be complacent because we know that bitcoin is volatile. But it seems like we are entering the bullish phase little by little from my observation.

[indah rezqi]

I don't have the best idea of ​​the current bitcoin price. Prices tend to improve for few hours and then down and keep repeating. Sideway to be precise, but I hope this isn't a bad start on a possible dip below $22K. I didn't expect it, but even if it happens during March which is known as not the best month for bitcoin price then we just have to be prepared.

Current market conditions may be great for day traders hoping for quick returns, but the risk seems bit higher as I find the market less profitable. Especially bitcoin, I don't think it will break $25K again this month.

[yhiaali3]

There are about 24 hours left until the monthly closing. If we close above $24,500, I think we will witness a big month in March, and we may see 30k$, but if we close below 21,500, we will most likely see a correction for areas of 20k$ or below.

I tend to be bullish, but we need to break $23,800 first to continue the rise, otherwise it could stop the positive scenario.

In the end, these are all expectations based on analytics. Perhaps the course of Bitcoin will be in a scenario that contradicts all of these expectations.

[OgNasty]

Wow. Those poll results are telling. The market is incredibly bullish right now. That actually makes me feel like maybe I should be bearish. I’m expecting Bitcoin to be on a multi year bull run now but I’d hoped there were still plenty of worry to climb. If everyone is all in, that could be bad news. Still, I’m not selling any.