Bitcoin can do 30k$ this month?

[sonali2015]

I get news  from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining almost $1,000 versus overnight lows of $24,229 on Bitstamp.

The pair remained buoyant as news hit that Switzerland’s central bank was due to inject $50 billion Swiss francs ($53.8 billion) into the embattled Credit Suisse, shares of which added 40% on the day.So whats about you ? Bitcoin can pump 30k or down again 20K

Source link https://cointelegraph.com/news/bitcoin-returns-to-25k-as-credit-suisse-bailout-precedes-eu-rate-hike-move

[kizlod]

$30K sounds good, I think it's possible if Binance will really buy $1 billion BTC as they promised. Or people will massively start buying it and avoiding banks. To be honest, I thought about $30k to, but by April or May, Don't really know about March, we have only 2 weeks now anyway.

[Mr.suevie]

Firstly I think you have would posted this in the speculation board or even getting yourself involved in similar discussion topics already there.

Post it herespeculationon on bitcoin price

[tbct_mt2]

I get news  from Cointelegraph Markets Pro and TradingView

You don't have to read news from them or follow their advice.

The pair remained buoyant as news hit that Switzerland’s central bank was due to inject $50 billion Swiss francs ($53.8 billion) into the embattled Credit Suisse, shares of which added 40% on the day.So whats about you ? Bitcoin can pump 30k or down again 20K

The collapses of some banks likely stopped and there are efforts from central banks and many banks in the bank system try to combine together to help banks are in risky in order to prevent bigger collapses that are bad for their system in general.

Likely it has been stopped but with noise from it and massive fear against banks, Bitcoin will have its chance to shine. $30k is very possible for Bitcoin to climb to but I thought about it before bank collapses which are additional factors recent weeks.

$30k likely is a top for Bitcoin in this year and you should have plan to take profit around $30k.

[woez]

Many Market Analysts have seen the exhilarating strength of the Bitcoin market in recent months. My opinion given current market conditions and historical data Bitcoin may and may go up to $30,000 or down to $20,000 but that is not a guarantee because Factors such as market sentiment, news events and regulatory developments can all influence Bitcoin price movement in both directions quickly.

[hZti]

Bitcoin was in a downtrend for long, which means that the current price levels are not representing a fair price anymore. We will see if downtrend is reversed and we can return to normal levels 30-40k

[kelechi]

$30K sounds good, I think it's possible if Binance will really buy $1 billion BTC as they promised. Or people will massively start buying it and avoiding banks. To be honest, I thought about $30k to, but by April or May, Don't really know about March, we have only 2 weeks now anyway.

It is to unpredictable. I believe it but suse there is not this much time

[TravelMug]

$30k though might be too much of a stretch right now?

Maybe the best that we can speculate is to reach $28k or at least get past $25k because that is the biggest mental barrier that we need to overcome. And then after that we talk how far the price can be this month. But not to exaggerate predictions, $28k might be good for end of this month. We don't want artificial pump because what follow next might be a huge dump, in my opinion.

[hugeblack]

I see that such analyzes follow the price, meaning that the price has risen. You will notice positive analyzes and vice versa. Therefore, as a trader, you should not try to follow them because they will increase your greed or fear, and both feelings are disastrous for your investment decisions.

Can the price reach 30K this month? We have a strong resistance point at $26,000, but do not forget that the Fed may not raise interest rates during the March meeting in the coming days, which means we may witness a 3-5% recovery, which may lead to breaking the top of $26,000.

If this happens, 30,000 are confirmed before the end of the month.

[Inwestour]

I see that such analyzes follow the price, meaning that the price has risen. You will notice positive analyzes and vice versa. Therefore, as a trader, you should not try to follow them because they will increase your greed or fear, and both feelings are disastrous for your investment decisions.

Can the price reach 30K this month? We have a strong resistance point at $26,000, but do not forget that the Fed may not raise interest rates during the March meeting in the coming days, which means we may witness a 3-5% recovery, which may lead to breaking the top of $26,000.

If this happens, 30,000 are confirmed before the end of the month.

We can break through the 26k level to mislead, but after reaching 28-30k, turn around and go far down. I don't pay much attention to such forecasts, because they are not very important for my strategy. I keep buying bitcoin every week, it's my long-term investment and I don't worry too much about local bitcoin price movements.

Globally, we are still at the bottom, and this is a clear sign to me that we are still in an area that is suitable for accumulating bitcoin for a long-term investment. Such analyzes may be of interest to short-term traders, in which case you need to follow the trend.

[balotelli]

Based on my technical analysis, looking at the weekly candlestick chart, this price increase is not sustainable and the bullish momentum is relatively weak. Therefore, it will be difficult for BTC to reach the $30k level. I predict that BTC will return to the $22k level in the next 1-2 weeks.

[BD Crypto]

This post should be on Speculation board. I will advise you to move this post there.
Comments: There is a huge possibility to reach Bitcoin 30k $ very soon as per technical analysis. But you have to keep trust on Bitcoin and should never do trading without proper analysis.

[armanda90]

Seems optimistic with Bitcoin will reach to $30,000 this month looking on current price nowadays above $26,800, expected more than $30,000 for Bitcoin will reach price and seems around $35,000 until $40,000. Less bad news almost one month although Bitcoin ever dropped to lower price under $20,000 because can't break out above $25,000 in twice moment.

Looking on current price after break out from $25,000 and almost reach until $27,000 seems up coming next week potential for Bitcoin break out to the higher price. Many people are waiting for Bitcoin back to higher price after crashing last year and seems this year have positive feedback and indicate with Bitcoin having good price.

[cryptomaniac_xxx]

Based on my technical analysis, looking at the weekly candlestick chart, this price increase is not sustainable and the bullish momentum is relatively weak. Therefore, it will be difficult for BTC to reach the $30k level. I predict that BTC will return to the $22k level in the next 1-2 weeks.

We already have consolidated around $25k, so it we fail to hold again then we can go down to $22k as you have predicted.

But if we go a and still make a run to $27k as we just touch it a minute ago, then maybe $30k is doable this month. So the target could be around $28k-$32k as the upper limit this month.

[DOH!]

Can the price reach 30K this month? We have a strong resistance point at $26,000, but do not forget that the Fed may not raise interest rates during the March meeting in the coming days, which means we may witness a 3-5% recovery, which may lead to breaking the top of $26,000.

If this happens, 30,000 are confirmed before the end of the month.

Maybe it's time for the market to consolidate a new trend from the momentum of the greater confidence push in bitcoin from the collapse of the US banks, optimism and confidence in the Fed will probably wane . Hence my guess is that it is not a reason why bitcoin could lose sustained momentum in this up direction. Downtrend is possible but I think 25k is trying to hold. Occupying 25k we will wait for the next level at 26k - 28k - 30k
And that is a huge reason to believe that bitcoin can go up to 30k by the end of this month.

[CryptSafe]

It is good you made your analysis together with that you studied with. Let me tell you no body has the sole prediction of the market trend, anything can happen at anytime. So therefore trade with caution. Have you not heard and seen predictions that went sour with the predictors but as a smart trader, what is expected of you is to collect profit as many times you can while the market trend lasts in that direction because it would not go that way for too long. So therefore, to be on the safe side, it is best you collect profit at every point in time while others keep looking at the market prediction. I pray for steady increase so I could keep taking profit.

[Doan9269]

If we are to go by the news feeds amd updates regarding bitcoin price, many have made alot of wrong predictions that makes no difference in determining the outcome to what bitcoin price gives, bo we have to personally sit down and take a look in the the full dimension of how bitcoin price move by giving it a closer speculation onbthe chart flow and by comparing other events from the past on exact dates, this will help us detive out something more tangible than going by every distractions we heard from the news feeds everytime.

[Darker45]

Who can tell? But since the price at this point is almost $27,000, I would say $30,000 is more probable than $20,000. Of course, $30,000 is nearer, and it seems Bitcoin has gained a nice momentum ever since it recovered from that unexpected fall below $20,000. Although we may see $20,000 anytime within the month, if I will make a bet, I would happily place it on $30,000. I'm particularly amazed that even with what happened to certain banks that are crypto friendly and with USDC depegging, Bitcoin remains strong.

[MusaPk]

Bitcoin was in a downtrend for long, which means that the current price levels are not representing a fair price anymore. We will see if downtrend is reversed and we can return to normal levels 30-40k

Bitcoin has gong up breaking its long bearish trend. Right now it's on 26k and speculations are that it may go to 30k from here on. TBH I have seen bitcoin going up and down in past and based on my analysis there is no way we can predict future price of bitcoin. Its best to buy bitcoin when it's down and then wait for bullish season. Just stop following news that bitcoin is going to moon next week.

[Eternad]

I get news  from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining almost $1,000 versus overnight lows of $24,229 on Bitstamp.

The pair remained buoyant as news hit that Switzerland’s central bank was due to inject $50 billion Swiss francs ($53.8 billion) into the embattled Credit Suisse, shares of which added 40% on the day.So whats about you ? Bitcoin can pump 30k or down again 20K

Source link https://cointelegraph.com/news/bitcoin-returns-to-25k-as-credit-suisse-bailout-precedes-eu-rate-hike-move

Injecting additional money to assist downfall bank will not gonna change the outcome in the long run. The debt will just keep increasing since everyone is affected by the inflation. This kind of reaction of Bitcoin price to this news is scary. It shows how people is just buying the news without thinking of its true effect in the market.

One bad news needed to collapse this kind hype. Traders is literally playing with fire on banking shit condition right now. Feds keeps printing money that will surely fuel the hyper inflation faster. Brace yourself on what’s coming next.