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Author Topic: Are We Going To See $30,000 Price Before the End of This week  (Read 635 times)
Wiwo (OP)
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March 28, 2023, 12:16:51 PM
 #61

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.
Bitcoin has witnessed a high resistance at 27k after it tried severally to stay at 28k+ without any possible liquidity to help the price stay at that level, we may have to wait for some time before any significant market wave will push the price to cross 30k if possible before the end of the month as you speculated.

-The volatility tendency of Bitcoin has made it hard for most of us soeculators to make accurate time guesses of bitcoin price instead we make ca ompound guespricesce time will now tell the reality of what the price of Bitcoin will be at a certain time.
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March 28, 2023, 02:41:14 PM
 #62

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.
Bitcoin doesn't have much of an impact during these FUDs, it looks like it was set up to increase the position of the bears. demand for bitcoin and in particular confidence in bitcoin is getting stronger against a banking downturn. That's almost a big impetus for bitcoin to continue to consolidate and break through the $30k resistance - it's a lot of pressure because bitcoin has already x2 from the $15k bottom at the end of 2022 but I'm confident and optimistic. it will soon be broken similar to when it broke $25k very quickly. I also think March has been in a very positive green and that's a signal to wait for another breakout at the end of the month.

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March 28, 2023, 02:43:01 PM
 #63

Bitcoin has witnessed a high resistance at 27k after it tried severally to stay at 28k+ without any possible liquidity to help the price stay at that level, we may have to wait for some time before any significant market wave will push the price to cross 30k if possible before the end of the month as you speculated.
It's hard to expect $30k in March after a few failures to touch the $29k resistance. I think bitcoin is trying to defend $27k - $28k over the end of this month and I don't think it's time to expect higher prices. In the end $30k may will be touched, but I'd put a longer time frame and it's not in March anymore.

-The volatility tendency of Bitcoin has made it hard for most of us soeculators to make accurate time guesses of bitcoin price instead we make ca ompound guespricesce time will now tell the reality of what the price of Bitcoin will be at a certain time.
It might be good to get $30k over a longer time frame, maybe in April or May if this uptrend maintain. But of course volatility can occur along the way which may be difficult for prevent the correction.

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March 28, 2023, 03:21:08 PM
 #64

I have noticed that for the last 3 days the price has been stagnant and declining, even though the decline is not significant but we must be vigilant because the storm is not over yet, I'm sure if the price of $ 30k can be reached then the start of the bull run and make me optimistic this year the market will rise, maybe the price is $ 30 k will happen in april or if market goes down maybe before june.


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March 29, 2023, 02:19:45 AM
 #65

I have noticed that for the last 3 days the price has been stagnant and declining, even though the decline is not significant but we must be vigilant because the storm is not over yet, I'm sure if the price of $ 30k can be reached then the start of the bull run and make me optimistic this year the market will rise, maybe the price is $ 30 k will happen in april or if market goes down maybe before june.
The price has been stagnant since roughly a week ago and it seem we have reached the limits of how high the price can go with the current demand, but even then I do not think this is a bad price, we are 10k above the bottom so it is natural that in a way the growth has slowed down, after all it seems the bear market has finally ended which is good, but at the same time the next bull market is still very far away and it is not possible for the bulls to push the price that high when the hype is not here yet.
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March 29, 2023, 02:42:42 AM
Merited by fillippone (1)
 #66

I have noticed that for the last 3 days the price has been stagnant and declining, even though the decline is not significant but we must be vigilant because the storm is not over yet, I'm sure if the price of $ 30k can be reached then the start of the bull run and make me optimistic this year the market will rise, maybe the price is $ 30 k will happen in april or if market goes down maybe before june.
Even though prices have stagnated and fallen in the last few days, this is not necessarily a sign that the market will continue to decline. However, staying alert and monitoring market developments is essential, especially if you want to achieve your investment goals. Regarding your prediction that the $30k price tag can be reached and the bull run will start, no one can say for sure whether this will happen or not. However, I recommend relying less on very specific price predictions and focusing more on a consistent and mature investment strategy.

Lastly, it is important to have patience and discipline in following your investment plan. Don't be tempted to make hasty decisions based on fleeting market movements, but do do some careful analysis and regular evaluation to ensure your investment plan stays in line with your long-term goals.

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March 29, 2023, 04:10:04 AM
 #67

I have noticed that for the last 3 days the price has been stagnant and declining, even though the decline is not significant but we must be vigilant because the storm is not over yet, I'm sure if the price of $ 30k can be reached then the start of the bull run and make me optimistic this year the market will rise, maybe the price is $ 30 k will happen in april or if market goes down maybe before june.
We are already at the end of March and the price is still $3000 short of reaching $30k so we think the bitcoin price might reach $30k in April. And that can indeed happen, especially if there is encouragement from positive news that will be circulated later so that it can make bitcoin prices rise high. But if there is no positive news, the bitcoin price will have to wait some more.

We still have to hope the price can increase shortly so that reaching the last ATH doesn't take long. But we can only leave it to the market and wait for it to happen.

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March 29, 2023, 06:04:41 AM
 #68

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.
Bitcoin has witnessed a high resistance at 27k after it tried severally to stay at 28k+ without any possible liquidity to help the price stay at that level, we may have to wait for some time before any significant market wave will push the price to cross 30k if possible before the end of the month as you speculated.

-The volatility tendency of Bitcoin has made it hard for most of us soeculators to make accurate time guesses of bitcoin price instead we make ca ompound guespricesce time will now tell the reality of what the price of Bitcoin will be at a certain time.
of course , but try not  to believe in short period sometimes mate this may take longer that we expected but the thought of our believe must remain and that will bring us profit.
and indeed that we have witnessed that for how many times and speculation is always there as well.
maybe there is a best hope in the next quarter as we are ending the one now and yet 30k is not been seen.

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March 29, 2023, 07:31:34 AM
 #69

I have noticed that for the last 3 days the price has been stagnant and declining, even though the decline is not significant but we must be vigilant because the storm is not over yet, I'm sure if the price of $ 30k can be reached then the start of the bull run and make me optimistic this year the market will rise, maybe the price is $ 30 k will happen in april or if market goes down maybe before june.
We've been stagnant for about a week, but it looks like a few days before March ends price is trying to break higher than $28,000 and my prediction is April will probably see Bitcoin price around $30,000++ and the dips that occur are just to balance it out before finally the price goes back up, but more importantly than all have we prepared ourselves with all possibilities, buy BTC while the price is still cheap because the price increase of BTC without us owning it will not give us any benefit other than just being a spectator and observer.

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March 29, 2023, 11:39:21 AM
Merited by hugeblack (6)
 #70

Bitcoin has witnessed a high resistance at 27k after it tried severally to stay at 28k+ without any possible liquidity to help the price stay at that level, we may have to wait for some time before any significant market wave will push the price to cross 30k if possible before the end of the month as you speculated.
It's hard to expect $30k in March after a few failures to touch the $29k resistance. I think bitcoin is trying to defend $27k - $28k over the end of this month and I don't think it's time to expect higher prices. In the end $30k may will be touched, but I'd put a longer time frame and it's not in March anymore.

You're right about bulls trying to defend $27K-$28K in the past two weeks. At least now on Weekly time-frame there are only wicks below $28K and is starting to look like a bear trap below:



I'm not convinced $29K is specific resistance though, more like a potential resistance range between $28.5K to $30.5K. It was previous support back in May and there is "some" volume traded there over past couple of years. But otherwise, compared to volume traded below between $15K and $25K, the trading volume up to $40K is more or less insigificant.

-The volatility tendency of Bitcoin has made it hard for most of us soeculators to make accurate time guesses of bitcoin price instead we make ca ompound guespricesce time will now tell the reality of what the price of Bitcoin will be at a certain time.
It might be good to get $30k over a longer time frame, maybe in April or May if this uptrend maintain. But of course volatility can occur along the way which may be difficult for prevent the correction.

With price currently only 6% away from $30K, I don't think it'd be too surprising to see that reached in the coming days before the end of the month, rather than expecting some 1-2 month time-frame. Either way, it seems that a strong March close is on the cards meaning that we could easily see $30K tested in the first days of April, which could mean that by the end of the week reach that level.

I'm not necessarily saying that price will break through this level and stay there either, only that it's likely this old support will get tested to see if becomes new resistance sooner rather than later (especially with price consolidating below this level). If it takes 1-2 months before re-testing $30K, then I imagine it'd be based on a correction to 200 WMA old resistance area in order to turn it into new support.

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March 29, 2023, 12:35:28 PM
 #71

Good rebound in the last 24hr and its now back above weekly average, appearing quite positive.  However price stays within the same range it had prior, the reason for hesitancy will be the resistance that proved support both in 2022 and 2021.   We have been sideways since Mid March and prior for many weeks at this price, it can easily take that long to beat this ceiling on the way back up.
  A recovery above 30k wont be overdue until yearly average is trending higher, thats still some time yet; 200 day is gaining so some might think this is enough for a push higher right now.

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March 29, 2023, 01:04:24 PM
 #72

Hopefully that we hit the target soon as we just have only 2 days left to the end of the month, the momentum is back after we re-tested the previous support level at 26k ,but the market is still in a range between $28k-$26k and hasn't taken out any of this levels, mostly likely that we will either see the $28k being taken out today and shoot straight to $30k on before Friday as we are very close to the last resistance point $28.9k.

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March 29, 2023, 03:34:15 PM
 #73

Looks like $30k still unreached this week, I was sure few days ago price will reach $30k, unfortunately price dropped again to $26k, but good thing happened today as price increased more than 5% and could go back to $28k, hopefully tomorrow prices may touch $29k and the day after tomorrow $30k.
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March 29, 2023, 08:06:14 PM
 #74

Good rebound in the last 24hr and its now back above weekly average, appearing quite positive.  However price stays within the same range it had prior, the reason for hesitancy will be the resistance that proved support both in 2022 and 2021.   We have been sideways since Mid March and prior for many weeks at this price, it can easily take that long to beat this ceiling on the way back up.
  A recovery above 30k wont be overdue until yearly average is trending higher, thats still some time yet; 200 day is gaining so some might think this is enough for a push higher right now.
Yes, surprisingly, we have a good bounce after a minor correction, haven't check the news but I have a feeling that bulls is trying not just to defend $28k, but most likely pushing it $30k at the end of the month.

The highest price I see is $28,500 and then it goes down, but still though, it ranges from $28,3xx-$28,4xx, so even if we are in the sideways movement in the second half of March, the price is still look solid, it's just normal to see resistance right now.

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March 29, 2023, 11:04:17 PM
 #75

As I have been saying in the last couple of weeks, $28,500 is the big resistance that we need to conquer, although there is a big jump in the price and even hitting it in the last 24 hours, it's not enough for the price to sustain it (again). It might be that the bulls are really pushing very hard to an eventual $30k this March or this is a bull trap, we will find out later. In any case the $30k barrier is just like 6% from the current price so by that percentage it's possible to achieved if there is one positive news that will boost the price in the last 24 hours. So it will take a lot of effort and money for the bulls to see the price at $30k. Nevertheless it could also be done in the first or second week or April. For now the price level that we should be looking at is $28,500 and sustain it.

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March 30, 2023, 08:12:47 PM
 #76

As I have been saying in the last couple of weeks, $28,500 is the big resistance that we need to conquer, although there is a big jump in the price and even hitting it in the last 24 hours, it's not enough for the price to sustain it (again). It might be that the bulls are really pushing very hard to an eventual $30k this March or this is a bull trap, we will find out later. In any case the $30k barrier is just like 6% from the current price so by that percentage it's possible to achieved if there is one positive news that will boost the price in the last 24 hours. So it will take a lot of effort and money for the bulls to see the price at $30k. Nevertheless it could also be done in the first or second week or April. For now the price level that we should be looking at is $28,500 and sustain it.

It did touch that price if I'm not mistaken, but as you have said, it's a big resistance and it's not that time to go and maintain it because the price is way below at $28,000 and fluctuating to lows of $27,900.

So no $30,000 for us, just not enough time this March, so yes, April will be the best time frame for us to reach it. And we need another positive news, or if the banking crisis still continue and the the Fed cuts its rate, maybe next month we will go up to $30,000 after a long time. But as we can see that price, the higher the price we got, the higher it gets to increased. So maybe the top price could just be around $35,000-$40,000 at the end of the year.

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March 30, 2023, 09:41:37 PM
 #77

tomorrow is still 6th and today the price managed to reach more than 29000$ and now it's at 28000$, looking at the chart it doesn't seem to me that the price is going to drop much in these few days that are left for the week to end, so it's more likely that in the next 2 days the price manages to break the 30,000$ than fall below 26000$, because it is accumulating at 28000$, even when it drops a little it soon goes back to 28000$ which means that people believe in a big price increase and they are buying a lot with every small drop below 28000$

in my opinion i don't care much if the price will break 30,000$ still this week, for me i have no problems in being patient and waiting as long as it takes, when i buy bitcoin before i do analysis and then i'm patient waiting for the results and in this case, waiting until it breaks $30,000 is a good deal, just place a stop-loss at $27,000 to avoid a disaster because you can't think that the price can't drop much from nowhere, we've already seen that the price can drop a lot from anything

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March 30, 2023, 10:58:57 PM
 #78

Seems like $30k is impossible to cross in 1 week due to strong resistance but it managed to pass $29k resistance perhaps there's a chance that it will touch $30k sooner. We just have to wait and see where this hype goes to but more importantly we should take the profit already so that we could reinvest it in the future if there's a drop of the price.

This might be a bull trap but it's not really dropping that much if you look at the chart though and the only thing that I think would make it drop hard is if there a negative news about the crypto space but I wonder what would be the strong price support if that happens.

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March 31, 2023, 12:40:36 AM
 #79

Seems like $30k is impossible to cross in 1 week due to strong resistance but it managed to pass $29k resistance perhaps there's a chance that it will touch $30k sooner. We just have to wait and see where this hype goes to but more importantly we should take the profit already so that we could reinvest it in the future if there's a drop of the price.
The price reached the $29k resistance but it didn't last long, probably because others are already taking advantage the increase. Bitcoin didn't touch $30k but after breaking the resistance we can say it's already possible to reach $30k price, though it might take some time. Currently the price returned back to above $27k value, still a good chance to buy for those who wants to engage themselves.

Anyway, this is the last day of first quarter and it's a good start for Bitcoin's price since we saw a lot of improvement from $16k to $29k. We can look forward for possible another increase this second quarter.

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March 31, 2023, 04:00:05 AM
 #80

If look at the weekly chart of BTC, a correction is potential as it approaches the weekly supply. It remains to be seen whether the price will be rejected or continue to advance beyond this level. Investors should be careful and monitor market trends closely to make informed investment decisions especially for the weekend in a few days it could drop to $27,500.

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