26k mark finally breached

[Baofeng]

There's a likelihood that bitcoin is gonna hit beyond 30k by the end of this march and it's a good feeling for all bitcoiners as this is a tag of hope for a great bull run for the year 2023. As for dip, yes there will always be a dip cause it's a volatile market but when comes a dip it's a sign the bull run should be expected and step step from 19k to 25k and now it's closer to 28k, for that I view another ATH by the end of 2023 and it's possible for bitcoin.

If not in March then we still have a full steam ahead in April, it's tax month and usually those who get tax rebate might invest their money into the bitcoin market. So it's going to be a good, or at least a very positive thing to see that this March is not bad at all because historically it is. But it's very different right now because of the banking crisis and the inflation problem around us. People is moving away from fiat and full BTC now.

However, I have to disagree about new ATH at the end of 2023, we really need some catalyst for the massive bull run. We all know that it will be the block halving which is still very far. So let's just assume that $50k could be the highest that we can achieved and not expect something big as a new all time high, just saying.

[1715212726]

1715212726

[1715212726]

1715212726

[1715212726]

1715212726

[1715212726]

1715212726

[1715212726]

1715212726

[1715212726]

1715212726

[Paul Pogba]

There's a likelihood that bitcoin is gonna hit beyond 30k by the end of this march and it's a good feeling for all bitcoiners as this is a tag of hope for a great bull run for the year 2023. As for dip, yes there will always be a dip cause it's a volatile market but when comes a dip it's a sign the bull run should be expected and step step from 19k to 25k and now it's closer to 28k, for that I view another ATH by the end of 2023 and it's possible for bitcoin.

If not in March then we still have a full steam ahead in April, it's tax month and usually those who get tax rebate might invest their money into the bitcoin market. So it's going to be a good, or at least a very positive thing to see that this March is not bad at all because historically it is. But it's very different right now because of the banking crisis and the inflation problem around us. People is moving away from fiat and full BTC now.

However, I have to disagree about new ATH at the end of 2023, we really need some catalyst for the massive bull run. We all know that it will be the block halving which is still very far. So let's just assume that $50k could be the highest that we can achieved and not expect something big as a new all time high, just saying.

Hopefully this increase will continue, sometimes the bitcoin price trend is indeed unique, at this time we might say it's impossible to get through ATH, but when a certain price is reached the market will continue to explode and it's hard to stop, even though it sometimes goes down but I'm sure at the end of our year can reach new ATH again.

[Getmon]

There's a likelihood that bitcoin is gonna hit beyond 30k by the end of this march and it's a good feeling for all bitcoiners as this is a tag of hope for a great bull run for the year 2023. As for dip, yes there will always be a dip cause it's a volatile market but when comes a dip it's a sign the bull run should be expected and step step from 19k to 25k and now it's closer to 28k, for that I view another ATH by the end of 2023 and it's possible for bitcoin.

If not in March then we still have a full steam ahead in April, it's tax month and usually those who get tax rebate might invest their money into the bitcoin market. So it's going to be a good, or at least a very positive thing to see that this March is not bad at all because historically it is. But it's very different right now because of the banking crisis and the inflation problem around us. People is moving away from fiat and full BTC now.

However, I have to disagree about new ATH at the end of 2023, we really need some catalyst for the massive bull run. We all know that it will be the block halving which is still very far. So let's just assume that $50k could be the highest that we can achieved and not expect something big as a new all time high, just saying.

Hopefully this increase will continue, sometimes the bitcoin price trend is indeed unique, at this time we might say it's impossible to get through ATH, but when a certain price is reached the market will continue to explode and it's hard to stop, even though it sometimes goes down but I'm sure at the end of our year can reach new ATH again.

Bitcoin appears to have gained optimism following the decision of the United States of America to print $300 billion. $29,000 was close to breaking before the price rest a little. Within the remaining week of this month, $30,000 is within reach if it pumps once more. However, the ATH will not take place this year because that is for the following year. We can reach a more dependable price of $50,000 this year. And if FTX and other similar incidents do not occur again, that price will be reached.

[CageMabok]

Hopefully this increase will continue, sometimes the bitcoin price trend is indeed unique, at this time we might say it's impossible to get through ATH, but when a certain price is reached the market will continue to explode and it's hard to stop, even though it sometimes goes down but I'm sure at the end of our year can reach new ATH again.

Maybe it's too soon to expect new ATH again at the end of this year in Bitcoin, because now Bitcoin still has to fight for the next price levels first so that the possibility of going to the next ATH can be bigger. But for now I don't think that this can easily happen to Bitcoin even though the crypto market conditions are not so bad now and I also hope that the increase can continue without any hindrance in Bitcoin.

[lizarder]

It is indeed a very good opportunity to have bought Bitcoin at a lower price. Most people who have these kind of opportunities are those who are constantly DCAing. They could never miss a single opportunity. This could actually be applied to both people with huge capital and limited capital.
People with huge capital may opt for a short term profit and buy again win Bitcoin gets into a correction again. But for the people who have small capital, long term hodl is what's best for their Bitcoin.

Everyone has their own pattern of buying, the approach to DCA is usually taken by people with small capital and it is also possible for those with large capital to do the same. The basic concept of investing is a way to generate profits, both in the long term and in the short term. Therefore the available opportunities can be maximized, as you said, if the availability of large capital in the correction phase can be used to buy and sell again when the expected profit has been obtained, while those with small capital can take DCA steps and carry out HODling according to the target what you want to achieve.

This opportunity should be taken advantage of by anyone and HODling is definitely very profitable and if in the short term it can generate maximum profits with the amount of capital available, then this is also a very good step to take. The power of investing in bitcoin does have a lot of opportunities when people understand how and that's why many people take an approach according to their individual skills.

[cryptomaniac_xxx]

There's a likelihood that bitcoin is gonna hit beyond 30k by the end of this march and it's a good feeling for all bitcoiners as this is a tag of hope for a great bull run for the year 2023. As for dip, yes there will always be a dip cause it's a volatile market but when comes a dip it's a sign the bull run should be expected and step step from 19k to 25k and now it's closer to 28k, for that I view another ATH by the end of 2023 and it's possible for bitcoin.

If not in March then we still have a full steam ahead in April, it's tax month and usually those who get tax rebate might invest their money into the bitcoin market. So it's going to be a good, or at least a very positive thing to see that this March is not bad at all because historically it is. But it's very different right now because of the banking crisis and the inflation problem around us. People is moving away from fiat and full BTC now.

However, I have to disagree about new ATH at the end of 2023, we really need some catalyst for the massive bull run. We all know that it will be the block halving which is still very far. So let's just assume that $50k could be the highest that we can achieved and not expect something big as a new all time high, just saying.

Hopefully this increase will continue, sometimes the bitcoin price trend is indeed unique, at this time we might say it's impossible to get through ATH, but when a certain price is reached the market will continue to explode and it's hard to stop, even though it sometimes goes down but I'm sure at the end of our year can reach new ATH again.

Bitcoin appears to have gained optimism following the decision of the United States of America to print $300 billion. $29,000 was close to breaking before the price rest a little. Within the remaining week of this month, $30,000 is within reach if it pumps once more. However, the ATH will not take place this year because that is for the following year. We can reach a more dependable price of $50,000 this year. And if FTX and other similar incidents do not occur again, that price will be reached.

Sorry but we have another small correction, we are down to $27k again. So I don't see $30k this March, we are less than a week and it's going to be weekend wherein the volume is low because everyone is taking a break for their trading.

I also on the fench of hitting ATH this year, for me it's better to just wait for it to happen and not to hurry as surely there could be artificial growth. Let's put a realistic prediction maybe $30k-$50k range. I do agree that any black swan event like FTX or even Luna will stop us from getting that price. So what we can do right now is just sit and hope nothing catastrophic will happen in a good market that we are having in the first quarter.

[erep]

I also on the fench of hitting ATH this year, for me it's better to just wait for it to happen and not to hurry as surely there could be artificial growth. Let's put a realistic prediction maybe $30k-$50k range. I do agree that any black swan event like FTX or even Luna will stop us from getting that price. So what we can do right now is just sit and hope nothing catastrophic will happen in a good market that we are having in the first quarter.

We have missed a few cases that had a negative impact on the crypto market and although there are other cases that will not have a bigger impact than the FTX case and others, realistically reaching $30k is a recovery target that will be achieved soon this month but because the market is not yet stable thus having a correction that will persist in the $27k area, we expect the next recovery to cross $30k in the first quarter and the target of hitting $40k will very confidently be realized by the start of the second quarter.

[TravelMug]

I also on the fench of hitting ATH this year, for me it's better to just wait for it to happen and not to hurry as surely there could be artificial growth. Let's put a realistic prediction maybe $30k-$50k range. I do agree that any black swan event like FTX or even Luna will stop us from getting that price. So what we can do right now is just sit and hope nothing catastrophic will happen in a good market that we are having in the first quarter.

We have missed a few cases that had a negative impact on the crypto market and although there are other cases that will not have a bigger impact than the FTX case and others, realistically reaching $30k is a recovery target that will be achieved soon this month but because the market is not yet stable thus having a correction that will persist in the $27k area, we expect the next recovery to cross $30k in the first quarter and the target of hitting $40k will very confidently be realized by the start of the second quarter.

Support lines are now $26k-$27k, so it's not just a question of hitting it, we already crossed that line. But then again, we can't just go on parabolic rise at this point, sooner or later there will be some correction and retracement, the thing is that the market is too strong right now as the bulls is taking over.

FTX and Luna are black swans, event that we didn't expect to happen but it eventually did. But for this year, I'm not seeing any event that will directly have negative impact on the market, on the contrary, we though that the banking collapse is one, but the opposite happen as the market goes on a massive run this month. But I can't see $30k, we will have to wait for a quite sometime and my best guess is next month.

[DaNNy001]

Hopefully this increase will continue, sometimes the bitcoin price trend is indeed unique, at this time we might say it's impossible to get through ATH, but when a certain price is reached the market will continue to explode and it's hard to stop, even though it sometimes goes down but I'm sure at the end of our year can reach new ATH again.

Maybe it's too soon to expect new ATH again at the end of this year in Bitcoin, because now Bitcoin still has to fight for the next price levels first so that the possibility of going to the next ATH can be bigger. But for now I don't think that this can easily happen to Bitcoin even though the crypto market conditions are not so bad now and I also hope that the increase can continue without any hindrance in Bitcoin.

I guess you can never know, especially now that the prices just keep pumping, maybe we are going to see an unexpected halving this time around but I doubt , I think the price is gathering force and momentum to break the old price high which is around 67k dollar but one thing that certain now is that it will definitely reach the half of it ATH price this year. I just hope I have gathered enough coins before this time actually reaches as its already moving close to the 30k Mark.

[StreakW]

I think that even though the bitcoin price is rising, it seems that the bullish trend has not happened yet. Moreover, the current increase in bitcoin prices is not very significant. Even since experiencing a price increase at the beginning of March until now, the price of bitcoin is still difficult to penetrate the $ 30k area.

[superman184]

I think that even though the bitcoin price is rising, it seems that the bullish trend has not happened yet. Moreover, the current increase in bitcoin prices is not very significant. Even since experiencing a price increase at the beginning of March until now, the price of bitcoin is still difficult to penetrate the $ 30k area.

Having a hard time breaking through the $30K area doesn't mean it won't happen this year, because while the upside potential is still very likely to happen again to Bitcoin. Of course this area will be easier for Bitcoin to touch if it moves from the current price level. Right now the price of Bitcoin is still very close to the $28K area and it's definitely not that far to go to the $30K area, so the possibility of breaking through that area is still very likely for Bitcoin if there isn't such a messy correction in the market.

[capedbaldy]

I think that even though the bitcoin price is rising, it seems that the bullish trend has not happened yet. Moreover, the current increase in bitcoin prices is not very significant. Even since experiencing a price increase at the beginning of March until now, the price of bitcoin is still difficult to penetrate the $ 30k area.

Having a hard time breaking through the $30K area doesn't mean it won't happen this year, because while the upside potential is still very likely to happen again to Bitcoin. Of course this area will be easier for Bitcoin to touch if it moves from the current price level. Right now the price of Bitcoin is still very close to the $28K area and it's definitely not that far to go to the $30K area, so the possibility of breaking through that area is still very likely for Bitcoin if there isn't such a messy correction in the market.

Even though the market is correcting at the moment but I am optimistic that the market will close $30k within this month, based on the previous pattern of movement then the market may increase significantly in recovery and the price of $30k will be reached soon, but at least April will break the $30k area and the market will prepare to bullish reach the previous ATH price.

[sana54210]

The drop and up in price are both very important so we cannot say that dropping in price is cause of losing money but it is actually a point at which users can participate in it and can buy bitcoin whereas at higher price they can obtain their higher worth return.

Bitcoin in both higher as well lower price are advantageous so do not loss hope, as we see that price these days are 28k $ so its very higher and as the time passes it will attain more higher value.

As you are pointing out 26k$ so yes absolutely bitcoin has reached the price more than 26k$ and is now 28k $. All those who already have put money into it should be happy for this success of price boosting.

To understand that we are the ones who make the price go higher when we buy is the vital change in peoples perception. If you do nothing and buy nothing and still expect it grow, then it won't happen, if enough people just stay there and not move, that would be a stagnant market. We had that as well, between 16k to 22k levels, the price was stagnant and it moved up sometimes and down sometimes like that for many months only because people didn't move together.

These days it is around 28k thanks to people who bought it, there are still a lot of people who hasn't bought any bitcoin in 2023, and I think it will be quite important when their time comes and they help take the price further by buying more.

[STT]

The 26k mark being significant suggests also we must confirm the break.     Support and resistance are references to the same thing, larger volume which has a gravity to it bringing us back more often in that theory at least.   However I think 24.3k or nearby is the level I would expect us to test should we fail to keep this higher level of trading, its more easily observable that we have closed daily bars in that area more often then other prices in this region.

[Ngewex Yuk]

March is the beginning of a revival, of course no one thought that the price would skyrocket significantly and be able to jump over $ 25k, many experts say that when the market rose but several times it failed to touch $ 25k so the price fell again, and now the price has reached $ 28k and became the beginning of the go to moon this year.

[dragonvslinux]

The 26k mark being significant suggests also we must confirm the break.

Personally I don't see the real significance of $26K but rather $25K. The only significance of $26K breaking was that it led to a close above $25K a few days later, prior to the move to $27.5K.  So in reality, breaking through $26K was like a knife through butter, with the only relevance that initially bears sold the price to back below $25K resistance level. This also means to the downside it can fall through quite easily it seems.

Support and resistance are references to the same thing, larger volume which has a gravity to it bringing us back more often in that theory at least.   However I think 24.3k or nearby is the level I would expect us to test should we fail to keep this higher level of trading, its more easily observable that we have closed daily bars in that area more often then other prices in this region.

I think a pull-back to somewhere between $24K and $25K is logicial. If we're lucky price will hold the 200 WMA, but there can also be a wick below this on weekly time-frame prior to a close back above. Personally I like the look of $23K support as there is a lot of volume there compared to higher levels, and it's a decent -20% from recent high, so would be a reasonable pull-back (as opposed to -10% around $25K).

[19Nov16]

Of course we are happy with the increase that occurred in March, the price can be close to $ 30k and there is a significant increase in daily transaction volume, hopefully March is the start of an increase like what happened in 2021, of course there are no cases that can make investors panic like FTX .

[Freddie Boyer]

I think in this moment It's difficult to predict the future movements of the market, but the recent climb in Bitcoin's price is a positive sign for the overall trend. While dips can be scary for some investors, they can also present opportunities for those who see the potential for long-term gains. In April usually better.

[Kodok Bencot]

If we pay attention to the market, the price of $ 26k does not last a day because the market continues to rise and touches $ 27k to $ 28k, of course this is a good achievement and is the start that the April market will be promising, and unfortunately today the market is red again and makes we have to buy more.

[Mate2237]

The price ended with $28k dollar last month but some people predicted to reach $30-40 but that could not be realised since the price of bitcoin cannot be predicted, but from the second week of January to the end of March the price was stable and it favoured many traders and investors.
And this month of April, the way the movement is, it might hit the March predicted price which was $30+k. The market right now is moving between the $27k - $28k and I don't think the price will still come down to below $27k again before it will shoot up again to another digits. Patient is the best approach in the bitcoin investment business. If you are not patient then you miss out.