Why is there so much resistance for Bitcoin reaching $25,000

[Odusko]

Obviously, they can still technically do it, it is not impossible, a few dire and terrible news and we could drop again but that doesn't mean that they will achieve it, we are probably above 25k from now on, at least for a while.

I don't think that os possible, because we are way ahead of the $25,000 price and bitcoin prices have stabilized in the $26,000 price region even though the mainstream bad news speculators are busy with fiat traditional financial system, Bitcoin is busy building more market volume that will stabilize the price on long term bases.
Going by the current market trend Bitcoin is on the verge of breaking the $30,000 price benchmark is the current bull persistent push above the $27,000 price kn the next 24 hours.

[Pujangga]

After almost a year of being under $25k and previously being close to $25k but failing, this week the price was already $27k, and when I noticed the $25k was happening in less than 3 hours as the price jumped to $26k, this made us even more optimistic that bitcoin is a very good and promising investment.

[rodskee]

If we pay attention to the price several times approaching $ 25k but not for long it will decrease, in my opinion $ 25k is like an emotional price, naturally many people believe that if they can touch $ 25k it will continue to rise, but looking at market developments so far I am optimistic that $25k will be up as soon as April.

you can say that recently but now that price of bitcoin had a big jump again from 19k to 28k or almost 29k ? so maybe we can see how much potential that price of 30k to be broken again and may bring more than that in the coming days?

I think the 25k resistance is the pressure of profit taking from the bears, although it does not affect the long-term confidence in bitcoin too much, the advantage of bitcoin growth in January is too attractive and increases the pressure.  take profit at the 25k resistance level is what i was thinking.

Taking profit at that resistance level is not mandatory for everyone although it is also very good to have time to do it because right now everyone is looking at the $20K price back in Bitcoin so there is not much to lose when someone takes profit at the $25K resistance level and then buys back at the current price level as the Bitcoin price as of today has fallen back and in fact the price difference is almost $5K compared to last month's high.

we have to decide for our own money.

try not to risk if you cannot take that losing but for me? i love reaching that situation because another momentum will come.

[kotajikikox]

well , i think the worry must end now mate as we are now expecting and speculating about Bitcoin crossing 30kish and not that 25k anymore as we already broken that area.

https://coinmarketcap.com/currencies/bitcoin/

waiting for the next pump and that would be at least 40k before the year ends .

[Kadal Ijo]

Now the price has reached $ 27k even yesterday the price reached more than $ 28500, this proves that bitcoin is still strong, if previously the price seemed difficult to reach $ 25k, this has happened several times and then fell again below $ 20k, and this March it can it says the price jumped over $25k because after reaching $25k it continues to rise until now, hopefully this is a sign of a bull run market.

[Paul Pogba]

Now that we've left the price that many consider to be a sacred price, the price has moved away from $ 25k and soon we will enter the $ 30k level, there is nothing better than to continue to hold and think that this year the market will continue to skyrocket and be able to sell at a higher price.

[cryptomaniac_xxx]

Now that we've left the price that many consider to be a sacred price, the price has moved away from $ 25k and soon we will enter the $ 30k level, there is nothing better than to continue to hold and think that this year the market will continue to skyrocket and be able to sell at a higher price.

So I guess the next logical question is how big the resistance for Bitcoin in reaching $30k?

The closest that we can get right now is $28k and then there is a minor pullback and now we are in the $27k'ish price range. And with that, we have the answer, it's hard and the wall barrier is too high right now to just jump and hop over to $30k.

We need another catalyst or good news to be able to big that barrier, maybe next month, there will be positive news. So let's just continue to be optimistic that the green candle will still continue next month.

[capedbaldy]

So I guess the next logical question is how big the resistance for Bitcoin in reaching $30k?

The closest that we can get right now is $28k and then there is a minor pullback and now we are in the $27k'ish price range. And with that, we have the answer, it's hard and the wall barrier is too high right now to just jump and hop over to $30k.

We need another catalyst or good news to be able to big that barrier, maybe next month, there will be positive news. So let's just continue to be optimistic that the green candle will still continue next month.

Actually there is no difficulty to reach the current $30k price but it's just that the market moment doesn't support achieving a high recovery, it's the same as the market finding it difficult to penetrate the $25k area but after the market moment has support the market will easily pass that price, so we only need waiting for the next moment after the market correction ends.

[STT]

The topic is old enough now that the resistance is support and its relevant that BTC might find 25k again as a place to trade downwards from 30k having lost momentum upwards.   Dollar index bottomed out which has lead to some taking profits in this area across a range of asset types.

[StreakW]

There is no significant resistance for bitcoin to go above $25k. Currently the bitcoin price is trading in the $28k-$29k range. Even if you look at the performance of the crypto market recently, the bitcoin price has the potential to reach above $30k.

[retreat]

-snip-

We need another catalyst or good news to be able to big that barrier, maybe next month, there will be positive news. So let's just continue to be optimistic that the green candle will still continue next month.

It will be quite difficult for Bitcoin to break through $30K USD because we know that there is no strong news which can affect the price of Bitcoin. In fact, most of the recent news is quite negative, such as the uncertain condition of the American economy, conditions of geo-political tensions, and other news that actually drags Bitcoin down and keeps it from breaking through $30K USD. I think this Bitcoin condition will continue until the end of this year or less.

[dragonvslinux]

The topic is old enough now that the resistance is support and its relevant that BTC might find 25k again as a place to trade downwards from 30k having lost momentum upwards.

Although $25K is no longer resistance, I would far from call it support. Since breaking above it this level remains un-tested as support. When price breaks through a resistance level it doesn't automatically make it support, it makes it theoretical support, until price actual confirms it as such, for example at $20K. There is a good chance $25K would act as support, but for now that remains a theory rather than fact.

There is no significant resistance for bitcoin to go above $25k. Currently the bitcoin price is trading in the $28k-$29k range.

In case it's wasn't obvious, this thread was created when price was at $24K, after being rejected from $25K. So at the time, there was significant resistance from $25K.

I'm sure you could also look at threads from years ago talking about resistance at $10K, $6K, $3K and so forth, but it wouldn't be that relevant anymore either.