Bitcoin can do 30k$ this month?

[virasog]

^It's because there are rumors that the FEDS might cut the rate hike or a report might be published indicating that inflation dropping.

And if this is true, then it will be a respite to all markets, traditional and crypto and make a huge price increase. The spike right now is just a respond to this news. So imagine what will be the gains if CPI next week will be positive. I will speculate that we might be looking at least $31k tops with this latest bull run that we are going to see.

Yea, it will be good for the crypto market as a whole but I have a gut feeling that bitcoin might touch 25K again very soon. The main reason for my argument is that it's been a long time since Bitcoin price is not dumped and secondly, there are a few CME gaps below which need to be filled.

Bitcoin price has been on the rise ever since it has crossed 20K and we are yet to see a major pullback. Yes, there were times of consolidation, but a pullback is needed for a healthy and sustainable move.

[EarnOnVictor]

We are still at the middle of the months of april and btc is already 28k$ so it is possible or it has a big possibility that it will go 30k$ price because we are almost there 28k$ is not too far from 30k and we start the year with a good market so maybe we are not far from bull run season.

Right now it's already reaching $29600 almost hit $30 and still moving forward, if support will hold then we might reached
$30K maybe within the day or two.

Lucky to those who are doing some leverage there's a good amount of profits for traders who did trust Bitcoin to be more bullish this week.

Still, lots of things that can happened, traders and investors still need to be more careful always do your DYOR.

DYOR is the best way out and I've always implored people to be their own speculators, which will help them so much to know when they buy, and sell and not to do anything at all. Bitcoin has moved past my expectation in the first quarter of 2023 and might even move beyond my pegged level for the year at $35k. This is because inflation that plagued the coin since 2021 has been subsiding since the last quarter of 2022, therefore Expect a more bullish run over time.

Still, my concern is that many people are still hesitant to buy it as some believe in some sort of cycle that it will still sell more before buying in 2024 as they are desperately waiting for halving.

[Sayeds56]

DYOR is the best way out and I've always implored people to be their own speculators, which will help them so much to know when they buy, and sell and not to do anything at all. Bitcoin has moved past my expectation in the first quarter of 2023 and might even move beyond my pegged level for the year at $35k. This is because inflation that plagued the coin since 2021 has been subsiding since the last quarter of 2022, therefore Expect a more bullish run over time.

Still, my concern is that many people are still hesitant to buy it as some believe in some sort of cycle that it will still sell more before buying in 2024 as they are desperately waiting for halving.

It is always a good idea to conduct your own research before taking any investment decision, as you know your financial situation and risk tolerance level better than anyone else. As far as Bitcoin current situation is concerned, it has displayed impressive performance since beginning of current week. The lower CPI data announced yesterday was also also positive for the market. FOMC meeting's minutes will be released today which is likely to be in line with market expectoration, which can potentially drive the price even higher.

[wahyuagung26]

Right now it's already reaching $29600 almost hit $30 and still moving forward, if support will hold then we might reached
$30K maybe within the day or two.

Now the price has penetrated more than $ 30k, and this has at least given the brand a bit of good profit for investors, traders or including treaders, and this is still volatile in an upward trend even though it has no potential to be too high because in the near future there will be an upward movement accompanied by minor corrections.

Lucky to those who are doing some leverage there's a good amount of profits for traders who did trust Bitcoin to be more bullish this week.

A good advantage for them for the risks they are prepared to face, at least these traders are not burdened by the actions they have taken long ago, we say they are lucky even though they are accompanied by risks, because in my opinion this leverage action is 50 - 50 , are in the middle, in the sense that they will profit, and vice versa they will lose at the risk.

[Rasa nanas]

This seems like good news because at the moment the bitcoin price has managed to break through $30k, even though it is only a little over $30k but at least the bitcoin price can last quite a long time above $30k. as we know several times bitcoin failed to penetrate $ 30k and $ 30k seemed to be a barrier for bitcoin to reach a higher point. now that bitcoin has broken through that barrier and it is likely that we will see another more significant increase in price.

[yohananaomi]

This seems like good news because at the moment the bitcoin price has managed to break through $30k, even though it is only a little over $30k but at least the bitcoin price can last quite a long time above $30k. as we know several times bitcoin failed to penetrate $ 30k and $ 30k seemed to be a barrier for bitcoin to reach a higher point. now that bitcoin has broken through that barrier and it is likely that we will see another more significant increase in price.

surprise after holding out for a long time at $ 28K and since 11/04 it has been able to penetrate $ 30K, even though it fell for a while but soon returned above $ 30K, hopefully this is good news that can make bitcoin continue to move up from now on. as you said that bitcoin has penetrated the initial barrier hopefully with that there will be even better movement to be able to increase or at least be able to stay at $ 30K for a long time so that when there is an opportunity to increase it will be easy. we will wait for the next few days towards the end of April this year.

[Oilacris]

This seems like good news because at the moment the bitcoin price has managed to break through $30k, even though it is only a little over $30k but at least the bitcoin price can last quite a long time above $30k. as we know several times bitcoin failed to penetrate $ 30k and $ 30k seemed to be a barrier for bitcoin to reach a higher point. now that bitcoin has broken through that barrier and it is likely that we will see another more significant increase in price.

surprise after holding out for a long time at $ 28K and since 11/04 it has been able to penetrate $ 30K, even though it fell for a while but soon returned above $ 30K, hopefully this is good news that can make bitcoin continue to move up from now on. as you said that bitcoin has penetrated the initial barrier hopefully with that there will be even better movement to be able to increase or at least be able to stay at $ 30K for a long time so that when there is an opportunity to increase it will be easy. we will wait for the next few days towards the end of April this year.

Penetrating or breaking that 28k resistance didnt really took so long on which its just a matter of few days or weeks as far as i remember where the price do able to test out for having a breakout.
Unlike when we are playing around 25k which there's really a strong selling pressure on these points. We've reached out 30k then whats next? +-5k increments? Which would really be that common.
Since we are now playing or hovering around 30k then the next target would be up but im really that expecting for some short position which i would be considering on putting it on later.
Im just waiting for some confirmation on TA's plus having a little mix of FA's.