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Author Topic: Are We Going To See $30,000 Price Before the End of This week  (Read 648 times)
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March 24, 2023, 01:13:10 AM
 #41

we have 2 days but yet Bitcoin cannot even crossing 29k , that is a hard guess i believe for the week time but maybe before the month ends?  i still believe that at least the 1st quarter is the best time for 30k breaking and the extension may happen in the next couple of weeks for at least 35k in the 2nd quarter.

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March 24, 2023, 01:52:55 AM
 #42

I think this level might be part of whether we achieve the higher targets to the current move:

  I think we dont stop at 30k especially, Im not a believer in round numbers but generally we'll hit a top a few times before falling.  So at present we seem more probable to keep going up though for now its been sideways.
So if we can hold 27k I'd guess 30k or higher does occur maybe this month or otherwise it'll occur later after further revisions and support checked lower.  We have lost the trend that led us this high, thats the reason for caution but losing a trend is not like falling off a ladder we can stay at this point and just rise later at a slower or delayed pace.
seems odd for me , than what op is asking for the week time because it looks like a failure for me because we have been holding that 28k for weeks now still cannot afford to cross above.
we have 2 days but yet Bitcoin cannot even crossing 29k , that is a hard guess i believe for the week time but maybe before the month ends?  i still believe that at least the 1st quarter is the best time for 30k breaking and the extension may happen in the next couple of weeks for at least 35k in the 2nd quarter.
2 days for the week to end? yes as this post was created almost a week now and still struggling to cross that price.
wondering what hinder bitcoin now to pursue to 30k?









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March 24, 2023, 10:54:54 PM
 #43

And as I have said yesterday, $28,500 will be the critical line, if we can't break it (which we didn't), we might see another retracement.  So now the $27k is very important, it should hold at least for this month.

We shall see what April brings to us, there are reports that FED added $393B in their balance sheet:

https://cointelegraph.com/news/fed-balance-sheet-adds-393b-in-two-weeks-will-this-send-bitcoin-price-to-40k

So many things can still happen that will be very positive for us.

Also there is some issues on Binance earlier that could also affect the price short term. Just read it in here: https://twitter.com/binance

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March 24, 2023, 11:20:05 PM
 #44

~
We shall see what April brings to us, there are reports that FED added $393B in their balance sheet:
For bailing out the banks they are printing money, so is the reason we saw the rally because investors cannot trust their banks anymore and the general consensus is that majority of the banks in the US are on the verge of collapse. At this moment the market is having a minor correction after a weeks rally.

So many things can still happen that will be very positive for us.

Also there is some issues on Binance earlier that could also affect the price short term. Just read it in here: https://twitter.com/binance
Yes, Binance halted spot trading and even halted withdrawals which caused some panic but it is back to normal as they had server issues according to their tweets and now it is rectified.
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March 25, 2023, 01:45:21 AM
 #45

3 days ago I was optimistic that the price this weekend will reach $ 30k, unfortunately there was another correction and now the price of bitcoin has fallen by 2% to $ 27k, but we must be optimistic that an increase of 10% per day is easy, and if today it can go up 10% or more then $30k will be reached.
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March 25, 2023, 02:09:43 AM
 #46

we have 2 days but yet Bitcoin cannot even crossing 29k , that is a hard guess i believe for the week time but maybe before the month ends?  i still believe that at least the 1st quarter is the best time for 30k breaking and the extension may happen in the next couple of weeks for at least 35k in the 2nd quarter.
There was a point in which the price of bitcoin seemed to be unstoppable but suddenly it stopped growing and now it has remained close to 28k, and while there are still a few days for bitcoin to reach 30k by the end of the week it does not seems as if it will happen, however this should not be a cause of concern as it seems as if the 30k level can be reached with relatively ease during the second quarter of 2023.
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March 25, 2023, 03:23:58 AM
 #47

the week almost ended but there are no even good sign of this to be taken , I thought we will be crossing 29k couple of days ago but suddenly? it falls hard back to 27k and even drops to 26k.
now again stays at 27 while last night 28.
we are having small roller coaster this couple of weeks so I think we will not getting this price till march ends.
hopefully that in 2nd quarter things will change.









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March 25, 2023, 04:02:28 AM
 #48

we have 2 days but yet Bitcoin cannot even crossing 29k , that is a hard guess i believe for the week time but maybe before the month ends?  i still believe that at least the 1st quarter is the best time for 30k breaking and the extension may happen in the next couple of weeks for at least 35k in the 2nd quarter.
There was a point in which the price of bitcoin seemed to be unstoppable but suddenly it stopped growing and now it has remained close to 28k, and while there are still a few days for bitcoin to reach 30k by the end of the week it does not seems as if it will happen, however this should not be a cause of concern as it seems as if the 30k level can be reached with relatively ease during the second quarter of 2023.

I also believe bitcoin will easily hit $30k in the near future, but it seems like people are getting too impatient and want bitcoin to go up fast. In investing, you need to be patient, and not too hasty, which can easily lead to wrong decisions. I see everything very optimistic, and bitcoin is doing very well, if we can't hit $30k this month, I believe April we will. What matters is how many bitcoins we have in our pocket when bitcoin hits $30k.
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March 27, 2023, 03:17:16 AM
 #49

Is it possible at the end of this week or maybe the first week of April Bitcoin just break the 25K level and I think we need retest or some of corrections.

Before move upward because I saw a lot candles when the price moves upward without correction it went bad.



Bitcoin manages to stay above the 200 EMA weekly close but lets hope this not happen
 

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March 27, 2023, 12:39:27 PM
 #50

3 days ago I was optimistic that the price this weekend will reach $ 30k, unfortunately there was another correction and now the price of bitcoin has fallen by 2% to $ 27k, but we must be optimistic that an increase of 10% per day is easy, and if today it can go up 10% or more then $30k will be reached.

Everything depends on the demand for the coin. If people keeps on buying the coin like they are doing for the past 2 weeks, then definitely the price will surpass 30k usd easily. But if they take some rest and the demand decreases then I fear that 30k milestone will be again haunted next month. Still bitcoins have shown great efforts and positive hopes. So let’s see how the week and the months end. I am assuming at least 29k usd will be definitely reached. Still let’s hope for the best.

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March 27, 2023, 01:54:04 PM
 #51

Based on the overall funding rates across all the exchanges, I can pretty much confidently say that we will see 30k from here for sure. We have also closed a weekly candle above both 50 and 200 moving averages and already well stable above it from quite some days. I think 1st april will be amazing (I hope someone gets it Cheesy )
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March 27, 2023, 02:37:24 PM
 #52

I also believe bitcoin will easily hit $30k in the near future, but it seems like people are getting too impatient and want bitcoin to go up fast. In investing, you need to be patient, and not too hasty, which can easily lead to wrong decisions. I see everything very optimistic, and bitcoin is doing very well, if we can't hit $30k this month, I believe April we will. What matters is how many bitcoins we have in our pocket when bitcoin hits $30k.
March is almost over and small corrections are still common in Bitcoin making reaching $30K in Bitcoin look difficult this month. It's not really a matter of some people rushing to see an increase in the price of Bitcoin to $30K, but it's about the difficulty of that happening this month as the price loop is still between $27K to $28K. You can see the correction that just happened today before it's too late because maybe you can take advantage of it to buy again before the next increase occurs.

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March 27, 2023, 03:03:27 PM
 #53

Is it possible at the end of this week or maybe the first week of April Bitcoin just break the 25K level and I think we need retest or some of corrections.

Before move upward because I saw a lot candles when the price moves upward without correction it went bad.



Bitcoin manages to stay above the 200 EMA weekly close but lets hope this not happen
 

By comparison of the highlighted doji candle below and last week's doji candle though, the example is a gravestone doji (and bearish), whereas last weeks is a long legged doji (considered neutral). Generally the long legged doji is either a sign of trend exhaustion or otherwise can lead to continuation. At present it is starting to look more like exhaustion than a continuation type candle, as price is close to taking out the recent lows of $26.6K, but otherwise it's worth remembering that we had the similar type of long legged doji in February, which while led to an initial correction in March, was infact a continuation candle with price rising by 20% thereafter. My point is don't be surprised to see a pull-back this week towards $25K, but for price to end the week around $30K. This would be similar to what happened in March after Feb doji candle.

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March 27, 2023, 05:03:49 PM
Last edit: June 11, 2023, 11:19:13 PM by STT
 #54

To stay positive I think it will require 28k or higher now and confirm above that level or the market leaks its positive gains and it snowballs into a bit of a sell.  Short term thats negative but short term is only for traders to worry about too much.   I really mostly expect us to reconfirm the prior break, moving average would be an estimation but close enough to what I'd expect.  200 week average at 25k is below us now which is good but we could pullback to that area and still be positive in a larger way while losing the recent gains many had hoped would build consecutively.  Harder sell would be yearly average which is descending towards 22k still.


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March 27, 2023, 06:21:28 PM
 #55

I also believe bitcoin will easily hit $30k in the near future, but it seems like people are getting too impatient and want bitcoin to go up fast. In investing, you need to be patient, and not too hasty, which can easily lead to wrong decisions. I see everything very optimistic, and bitcoin is doing very well, if we can't hit $30k this month, I believe April we will. What matters is how many bitcoins we have in our pocket when bitcoin hits $30k.
March is almost over and small corrections are still common in Bitcoin making reaching $30K in Bitcoin look difficult this month. It's not really a matter of some people rushing to see an increase in the price of Bitcoin to $30K, but it's about the difficulty of that happening this month as the price loop is still between $27K to $28K. You can see the correction that just happened today before it's too late because maybe you can take advantage of it to buy again before the next increase occurs.
The price once again have dropped and BTC is now at $26k+. I think we will never hit that $30k before we end the month but it wasn't a big deal as hitting $25k for the first time. Maybe it will only annoy us if we still can't hit $30k after several weeks/months like what we felt before on $25k.

It only makes us excited because the price is almost close on that target but it comes down and repeats the same process again and again. Buying is never too late. If they can't buy today, they can still do it tomorrow or the next day because like you said, active corrections are still there and will always be there as it was a part of how the crypto market works.
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March 28, 2023, 02:47:45 AM
 #56

By comparison of the highlighted doji candle below and last week's doji candle though, the example is a gravestone doji (and bearish), whereas last weeks is a long legged doji (considered neutral). Generally the long legged doji is either a sign of trend exhaustion or otherwise can lead to continuation. At present it is starting to look more like exhaustion than a continuation type candle, as price is close to taking out the recent lows of $26.6K, but otherwise it's worth remembering that we had the similar type of long legged doji in February, which while led to an initial correction in March, was infact a continuation candle with price rising by 20% thereafter. My point is don't be surprised to see a pull-back this week towards $25K, but for price to end the week around $30K. This would be similar to what happened in March after Feb doji candle.

Well we finally see a correction  Grin you are true with the word "exhaustion" at least we need this because I see a lot when Green candles without correction come with a bad ending.

Right now price is still above 100 EMA 4-Hour chart and maybe got a rejection when it touches 200 EMA 4-Hour chart $25k.


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March 28, 2023, 03:27:26 AM
 #57

So there you have it, Bitcoin didn't hit $30,000 in the past week.

Although, I'm not discounting the possibility that Bitcoin will still hit $30,000 within the month, with how things have been, it seems it is having a hard time rising and getting away from $28,000. Right now, the price is even barely holding on to $27,000. It could fall anytime.

But anything could happen in the last 3 remaining days of the month. $30,000 is just $3,000 away. The price could rise bigger than that in a matter of hours.
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March 28, 2023, 07:19:54 AM
 #58

3 days ago I was optimistic that the price this weekend will reach $ 30k, unfortunately there was another correction and now the price of bitcoin has fallen by 2% to $ 27k, but we must be optimistic that an increase of 10% per day is easy, and if today it can go up 10% or more then $30k will be reached.
Everything depends on the demand for the coin. If people keeps on buying the coin like they are doing for the past 2 weeks, then definitely the price will surpass 30k usd easily. But if they take some rest and the demand decreases then I fear that 30k milestone will be again haunted next month. Still bitcoins have shown great efforts and positive hopes. So let’s see how the week and the months end. I am assuming at least 29k usd will be definitely reached. Still let’s hope for the best.
For it to go to or above $30k, it will need to first cross $29k which has become the newest resistance after $25k. It has gone near it a couple of times but hasn't yet been successful in going above it. It might be because of the less buying pressure after it reached $28k because people mostly like to buy it lower and stop buying when it is going up.

Considering that, I don't feel like it will cross $30k before the end of this month, because it has already started dropping below a little bit from $28k, and it will probably go around $26k before rallying up again.

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March 28, 2023, 07:27:50 AM
 #59





In the current market, it will still be in the range of $26k to $28k respectively. I don't think it will ever change for now, and there would be no significant movement unless some particular event goes up out of nowhere and then proceeds to rally. I do believe it's still going to be an upside movement from BTC and hoping that the market agrees.

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March 28, 2023, 12:06:45 PM
 #60

I think we will definitely see 30000 dollar levels even far above that. But I feel like it will take bit too much. Currently there is ongoing FUD about Binance. Also demand for more Bitcoin sort of diminishing. People like Saylor and Elon Musk should support Bitcoin's lower resistance so it can survive bear pulls towards down. I feel like we are experiencing the best times of Bitcoin nowadays because in 3 months it can easily hit 40000 dollar levels. That's why I keep accumulating.
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