26k mark finally breached

[livingfree]

Compare to the past years with the same month of March, IIRC, they're not really good times on the same month. But with what's happening now, it's confirming that it's testing new positive lines and that's why it had breached $27k just moments ago on some trackers.

We're all having the same happiness as bitcoin price is soaring and I guess the main factor on this push is because of the $300B that the FED had printed just recently.

News: Breaking: US Fed Prints $300 Billion, Bitcoin Price And Ethereum To Rally

[dragonvslinux]

The support will be $25k if $26k can't maintain that price. Right now we are just barely above that price, so we still don't know if bears are going to push for more, if there will be selling pressures around $26k-$27k if we reach that price.

So yes, this is still a roller coaster ride for us this month. Although historically, March is not good, but so far with how the price is moving, maybe this time it will be very different and maybe we can end in another positive and green candle.

As of today we are getting the longest weekly green candle since 12 months, As we have Bitcoin touched $27k a bit,

Actually the candle second week of January was longer at +22%, currently we're at +19% with a peak just below that.  Also it's been more than 2 years since green candles like that, not just one. This is also why it seemed like the trend had already reversed back in January, because these >20% moves aren't typically seen in bear markets, apart from near the start of them like in 2018 after initial 50%+ drop.

If the early January break-out above resistance is anything to go by though, there could easily be another 10% move to the upside next week into $30K level. For me personally closing the week above $25K will more or less be the final confirmation that the low is in and the bear market is over. Whether we re-test $25K later on is a different story, but I think for many this is the final relevant level to break.

Secondly the inverse  head & Shoulder weekly pattern has just got broken ,so everything is getting so bullish for Bitcoin in the weekly time frame which makes a whole lot of sense.

Best thing about this inverse head & shoulders pattern (or otherwise a rounding bottom) is the +50% target to the upside imo that could lead price to $36K. Most people are still expecting rejection from $30K, and while there will likely be some resistance initially, the reality is there could be none, like in 2019 when Bitcoin back-tested $6K support and smashed through it immediately.

[fadhilz123]

Happy because the price of bitcoin continues to rise and is now at the level of $ 26k, of course we never thought that the price of $ 25k only happened in a few hours and the price could jump high from $ 21k to $ 26k, hopefully the price will continue to rise and in March it can reach $ 35k.

Today Bitcoin almost touched the $27K level and that is a very great thing for Bitcoin and its loyal holders at this time. Because if there is no serious correction happening in Bitcoin in the near future, I think Bitcoin could just go to the $30K level before March ends. But I am also really enjoying this price increase as I am still holding Bitcoin and have no thoughts of selling or releasing it anytime soon and hopefully this positive thing can continue this year.

[OgNasty]

Feels a lot like the move to $30K is underway. The last time it barely broke resistance and came down quickly. This time it appears to have cut through the resistance and is holding the position. The longer we hold above $26K, the more likely it is that we shoot straight up to $30K. Bitcoin is running out of sellers so the market is going to have to convince some holders to cash out.

[JoyMarsha]

Bitcoin finally climbs 26k and it's definitely looking more like a bullish trend now as many new investors were worried from it massive drop from its 25k to around 19k in the month of March. For me am definitely praying for the price to drop more so I can buy as much bitcoin as I can but the dip always scares some investors but I say the dip is a good sign for me make more from the market as buying low and hodling till the prices go up is definitely more yielding.

What's your pick on this. Will March bring more great feats or a massive dip will be experienced after this pump.

There is a strong likelihood that bitcoin will soon reach a price of $30k(before March end) if the current price gain momentum continues.

Don't actually pray for the price of bitcoin to fall any further than what you have already seen a few days back (below $21k); instead, invest if you can and engage in DCA in March because DCA will result in profits for investors.

[Lanatsa]

Bitcoin finally climbs 26k and it's definitely looking more like a bullish trend now as many new investors were worried from it massive drop from its 25k to around 19k in the month of March. For me am definitely praying for the price to drop more so I can buy as much bitcoin as I can but the dip always scares some investors but I say the dip is a good sign for me make more from the market as buying low and hodling till the prices go up is definitely more yielding.

What's your pick on this. Will March bring more great feats or a massive dip will be experienced after this pump.

There is a strong likelihood that bitcoin will soon reach a price of $30k(before March end) if the current price gain momentum continues.

Don't actually pray for the price of bitcoin to fall any further than what you have already seen a few days back (below $21k); instead, invest if you can and engage in DCA in March because DCA will result in profits for investors.

For those who had able to DCA on those price points are definitely making money or profits as of this moment considering the price is sitting or playing around 27k+ as of this writing which means that it wont really

be that bad for us to make some sell because it is really making some profits now.Speaking about 30k then it is possible if the momentum would really be continuing but i dont see that it would really be
reaching up that fast and if ever we do touch up that ceiling then we might really be seeing a new lower low or floor which we might be staying up a bit longer
just like on what happened when we are playing below 20k price.

[mich]

Well now Bitcoin price of 26k is a thing of the past. The current price of Bitcoin is $27,400. It is the first time we have seen this price of past 27k since June 2022 and we might not be done pumping just yet.

We are really enjoying some nice gains here this last week with price of Bitcoin. In this last week the price is up 33% and 6% in the last 24 hours. I do not want to become too excited to say this is a 'bull run' but we will find out soon in next few days if this run is here to stay.

[gunhell16]

Many bitcoin holders are now smiling because bitcoin has surpassed its 27k$ plus market cap. And it looks like the prediction of others to be 30k$ each until the end of March is close to reality.

But we still shouldn't be sure because we know that there are many times that the value of bitcoin suddenly falls due to its volatility and this is what worries us somehow, but if it falls again there is no problem for me because I will buy again if it happens that's it.

[Ziskinberg]

Well now Bitcoin price of 26k is a thing of the past. The current price of Bitcoin is $27,400. It is the first time we have seen this price of past 27k since June 2022 and we might not be done pumping just yet.

We are really enjoying some nice gains here this last week with price of Bitcoin. In this last week the price is up 33% and 6% in the last 24 hours. I do not want to become too excited to say this is a 'bull run' but we will find out soon in next few days if this run is here to stay.

Not really surprising but I never expect this thing to happen in 1st quarter. But fortunately, it was an indication that we are certainly moving high after a year of bear season. Might be a sign of the bull season, not sure but at least we have these positive insights into the possible trend that we are able to see in the upcoming days. Yet, we can't expect such a continuous uptrend, dumps can be happening especially when holders take the current situation to sell their BTC. And reaching $30k is not even impossible before we end this month.

[Pejoh Asu]

We left $26k and headed higher, prices are continuing to rise and it looks like the record hike that occurred in january can be passed in march now, this week the price has risen more than 35% and makes us optimistic that this year will reach $100k , I'm sure many investors are panic buying so that makes the price continue to rise, but I suggest to continue buying and see at the end of the year.

[Bitcoin2009]

I'm sure many didn't expect that the price of bitcoin really reached $ 26k, even today it rose by around 4% and became $ 27400, this proves that bitcoin has the power to go up, community support that continues to grow is something that can't be denied anymore, with transaction volume more than $ 50 billion per day is certainly not possible to control one person or even 1000 people.

[uneng]

I'm sure many didn't expect that the price of bitcoin really reached $ 26k, even today it rose by around 4% and became $ 27400, this proves that bitcoin has the power to go up, community support that continues to grow is something that can't be denied anymore, with transaction volume more than $ 50 billion per day is certainly not possible to control one person or even 1000 people.

Personally, I wasn't expecting for that. It was really surprising to receive a notification on my phone displaying bitcoin was hiting the huge 27,000$ price range.

It's always very exciting to receive good news you aren't prepared for. But more important than that, is bitcoin holding this position as its new support level, so we can start dreaming about reaching further this year yet. I'm sure stability around 27,000$ will be helpful to increase optimism among investors, what will boost bitcoin's price even more intensively.

[Maslate]

We left $26k and headed higher, prices are continuing to rise and it looks like the record hike that occurred in january can be passed in march now, this week the price has risen more than 35% and makes us optimistic that this year will reach $100k , I'm sure many investors are panic buying so that makes the price continue to rise, but I suggest to continue buying and see at the end of the year.

Let's wait until Bitcoin breaks the $30k market. Maybe that will give a better signal that a bull run is incoming again. Right now, we are still in the 20k+ range, which is not quite a huge increase yet. Although we have seen some positive movement in the past few days, if it stays at this range, eventually it will fall again.

We are in the first quarter of the year, and if the bull run starts soon, we will certainly end this year with a new all-time high, just like what happened in the previous bull run. So what I can say is, 'stay optimistic' and maybe try to accumulate now if you haven't yet.

[ilovealtcoins]

I'm sure many didn't expect that the price of bitcoin really reached $ 26k, even today it rose by around 4% and became $ 27400, this proves that bitcoin has the power to go up, community support that continues to grow is something that can't be denied anymore, with transaction volume more than $ 50 billion per day is certainly not possible to control one person or even 1000 people.

No one would have thought that bitcoin would hit $27k so quickly, and which sets bitcoin apart from traditional investments. But to say that with a trading volume of 50 billion a day is too large and not manipulated is a completely false statement. It can be said that it is too small a number, and many sharks can easily manipulate the bitcoin price.

[Dr.Bitcoin_Strange]

Feels a lot like the move to $30K is underway. The last time it barely broke resistance and came down quickly. This time it appears to have cut through the resistance and is holding the position. The longer we hold above $26K, the more likely it is that we shoot straight up to $30K. Bitcoin is running out of sellers so the market is going to have to convince some holders to cash out.

I had doubts about the $30k when you first said it on the first page, but with the current price, i have no doubt that Bitcoin is likely to reach $30k this month. I was surprised last night as Bitcoin crossed $27k around 10:52 PM and has not fallen below the trading price since then. I think it is headed for $28k.

[Ultegra134]

Well now Bitcoin price of 26k is a thing of the past. The current price of Bitcoin is $27,400. It is the first time we have seen this price of past 27k since June 2022 and we might not be done pumping just yet.

We are really enjoying some nice gains here this last week with price of Bitcoin. In this last week the price is up 33% and 6% in the last 24 hours. I do not want to become too excited to say this is a 'bull run' but we will find out soon in next few days if this run is here to stay.

It almost surpassed $28,000, which is astonishing given that all this positive movement was conducted in just the last few days. I didn't expect Bitcoin to rise in value yet due to all the frustration in the market right now. I haven't bought any Bitcoin; all has been raised through signature campaigns, and I just broke even, with a DCA of approximately $28,000. It's ironic that now that banks are facing issues, Bitcoin is booming. I've got no clue what caused this minor bull run, but March has been an interesting month.

[Bitcoin_people]

Bitcoin market has been dumping for long days but currently the market is growing like a bull run. The market is $27k plus now and will cross $28k very soon. If the Bitcoin market continues to grow this year, the market is likely to touch $40k within a few days. And I think it's a good time to invest in the current situation because if the market rises later, then you won't be able to make much profit by investing. So invest and hold on to Bitcoin as soon as possible.

[pooya87]

Feels a lot like the move to $30K is underway. The last time it barely broke resistance and came down quickly. This time it appears to have cut through the resistance and is holding the position. The longer we hold above $26K, the more likely it is that we shoot straight up to $30K. Bitcoin is running out of sellers so the market is going to have to convince some holders to cash out.

I had doubts about the $30k when you first said it on the first page, but with the current price, i have no doubt that Bitcoin is likely to reach $30k this month. I was surprised last night as Bitcoin crossed $27k around 10:52 PM and has not fallen below the trading price since then. I think it is headed for $28k.

The previous times where the attempts were made to break $25k we didn't have the positive news we have today about the banks that collapsed. This time it contributed a lot to the price rise, some people needed that little push to pull their money out of the banks and jump on the bitcoin rocket to the moon

[DaNNy001]

I guess our  so called temporary bull trend is headed for great things as the price of bitcoin continues to create shock wave for big speculators, who actually thought its price change at the early part of this year was actually a bear trap for investors, for now I am most certainly convinced at this rate and who knows who could actually experience a 40k breached, c'mon guys what do you do you think  . And truely big time investors are getting all jumpy over the new price hype but somehow bad from one angle for those of us that is still looking for a window to buy the dip, the dip is certainly starting to pump up.

[justdimin]

We left $26k and headed higher, prices are continuing to rise and it looks like the record hike that occurred in january can be passed in march now, this week the price has risen more than 35% and makes us optimistic that this year will reach $100k , I'm sure many investors are panic buying so that makes the price continue to rise, but I suggest to continue buying and see at the end of the year.

Panic buying is a bit of a trouble though. That results with people buying when it is high, when in fact they should be buying when it was low. However, if we all buy when it is low, then how could it go up? In order for the price to be 30k+ we need people to buy at these prices as well, I am just against the "panic" part of it, let it settle for a bit before you judge the situation, maybe it will go down 30% in the next week?

How can we be sure about it, do not panic buy at this moment to make sure. That's why it is such an important thing to have some sort of understanding what we will be doing in the upcoming period to see if we were right or not, be calm about it.