AnonBitCoiner
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March 31, 2023, 10:53:53 AM |
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The price of bitcoin has not cross 29k$ yet and the month of march and last 10 days has been passed so we cannot say that the price will reach to 30k$ at the end because the end is here but we don't see any price to cross 30k$. The price of bitcoin today has reduced some percentage and has now up from 27k$ and yesterday it was above from 28k$. But as are familiar with the fact that market is unpredictable so increase and decrease in market price can also occurs in a matter of seconds.
Some hours of march is remaining so we don't know that what will happen in these hours but as we see the overall march month the price of bitcoin was higher than all other months. It is assumed that the price of bitcoin will increase very soon more than this and it will reach 30k$ but we don't know that when it will happen because the market cannot be predicted in advance.
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Sebas.tian
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March 31, 2023, 12:11:48 PM |
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Based on the current price of Bitcoin, I think the price will hit $30,000 before the end of next week because the price has increased to $28,237 few hours ago showed that the price will continue increasing till the price reach above $30,000. I believe, Many investors are very ready to release their Bitcoin when the price increase to $30,000 next week because it will help both long term and short term investors to experience something good from their investment. Since the price of Bitcoin has increased to $28,000 in this month of march, I think, it will be favourable if holder can exercise patience till next month before they can sell their Bitcoin.
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TheGreatPython
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March 31, 2023, 12:51:02 PM |
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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.
$35k to $40k by the end of the year? That sounds too low to me, we are only just entering the 4th month of the year, and we have seen pretty clearly that Bitcoin is gradually crossing old resistances and creating new ones like we had $25k as the resistance previously which was crossed and now the resistance is at around $29k which will probably be crossed within the first couple of weeks of the new month. So for me, $40k wouldn't really be the target for the end of the year, and I have a higher target in mind, and I'm pretty sure it's achievable if Bitcoin continues to grow in value gradually even if the growth rate is low.
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fzkto
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March 31, 2023, 01:12:26 PM |
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Based on the current price of Bitcoin, I think the price will hit $30,000 before the end of next week because the price has increased to $28,237 few hours ago showed that the price will continue increasing till the price reach above $30,000. I believe, Many investors are very ready to release their Bitcoin when the price increase to $30,000 next week because it will help both long term and short term investors to experience something good from their investment. Since the price of Bitcoin has increased to $28,000 in this month of march, I think, it will be favourable if holder can exercise patience till next month before they can sell their Bitcoin.
I wouldn't be so sure that today's rise in price could mean that bitcoin will rise next week too. We need to understand the reasons for this rise. Today it was positive data on predicted inflation in the US. The data came out better than expected, but the bitcoin price reacted with a small increase, which might suggest that bitcoin is consolidating in the resistance area. It is hard to predict what will happen in a week.
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Davian144
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March 31, 2023, 02:52:26 PM |
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I wouldn't be so sure that today's rise in price could mean that bitcoin will rise next week too. We need to understand the reasons for this rise. Today it was positive data on predicted inflation in the US. The data came out better than expected, but the bitcoin price reacted with a small increase, which might suggest that bitcoin is consolidating in the resistance area. It is hard to predict what will happen in a week.
Resistance to Bitcoin in the near future is still very likely to occur again, because a small increase which is often accompanied by a small correction can also be a stability for Bitcoin this month. But for the next month, I personally also cannot make predictions about how the market conditions and Bitcoin will be, even though many people say that Bitcoin will continue to improve this year and it is also likely that it will also improve in the next month.
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el kaka22
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March 31, 2023, 05:06:11 PM |
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I think it is quite obvious that we are once again at a stagnant market right now. Which happens and that's fine, it's not really a big deal because market can't be all upwards or downwards all the time, yes we are volatile normally but not every single day of the year. So, we just need to wait around a bit to see what it will do, I believe that it's going alright and we shouldn't be worried that it's staying stable.
Obviously many people will want to see it do a lot better, and I am one of those people as well, 30k+ would have been awesome and not seeing that so far does upset a lot of people but as long as we are not going down, I am fine with the situation.
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Oceat
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March 31, 2023, 06:39:30 PM |
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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.
I can't think any other possible increase if the final resistance is $30k but if it happens to past it and break another price resistance then perhaps $35k would be the nearest possible price I could think but $40k might be the rare and last price it would touch then a quick drawback again. Although, this is just purely speculation but if it happens then it means it's a profit that we should take but for now, the price seems like going to stay a bit waiting for those who sell finished then I don't know what's next. It's either a pump or a drop next.
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3996
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cryptomaniac_xxx
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March 31, 2023, 07:24:55 PM |
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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.
I can't think any other possible increase if the final resistance is $30k but if it happens to past it and break another price resistance then perhaps $35k would be the nearest possible price I could think but $40k might be the rare and last price it would touch then a quick drawback again. Although, this is just purely speculation but if it happens then it means it's a profit that we should take but for now, the price seems like going to stay a bit waiting for those who sell finished then I don't know what's next. It's either a pump or a drop next. It's already April so I guess we already have the answer, it was really close to have that $30k but it was not meant to be this March as there are big resistance around $28k-$29k. And it has been the case, going sideways for the last 2 weeks of March. But the good thing is that we will have another attempt, this April and maybe this time we will be positive that we can get over that hurdle or the resistance price and then see $30k at the end of the new month. So let's see, TA still shows that we are still very much in the bullish phase, just saying.
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imamusma
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March 31, 2023, 07:41:28 PM |
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Based on the current price of Bitcoin, I think the price will hit $30,000 before the end of next week because the price has increased to $28,237 few hours ago showed that the price will continue increasing till the price reach above $30,000. I believe, Many investors are very ready to release their Bitcoin when the price increase to $30,000 next week because it will help both long term and short term investors to experience something good from their investment. Since the price of Bitcoin has increased to $28,000 in this month of march, I think, it will be favourable if holder can exercise patience till next month before they can sell their Bitcoin. $30k can be expected in April as it looks like bitcoin price at the end of March indicates retest to touch $29k again. Today the market has moved up, at least a few percent compare the previous 24 hours, but is still in the $28k area. If this area holds over the next few days then the first week of April could see us already over $30k. Yes, this possibility is apart from the FUD that continues to be made. While I don't know if there is correlation between what this analysis says about bitcoin's difficulty breaking $30k in March. But there is a possibility. Bitcoin BTC: Path to $30k faces hurdles as whales drive March madness
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RILWAN
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March 31, 2023, 11:41:08 PM |
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Forget about 30,000 this month, there have been a lot of sec issues lately that will keep the price below 30,000 for a long time but as things, goes on we may be able to cross that price bench but for now,3 we have to learn to keep things on a basic level.
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Mr. Magkaisa
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April 01, 2023, 01:34:42 AM |
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- Bitcoin's value remained at more than 28k$, its price did not break 30k$ at the entry of April 1, but it is not bad to say because it is close to 30k$.
The important thing is that we still remained bullish on the market, even despite the various rumors about cryptocurrency. But it's still good that we keep a close eye on the movement even though what happens is unpredictable due to the volatility that bitcoin has.
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kotajikikox
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April 01, 2023, 01:50:31 AM |
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Forget about 30,000 this month, there have been a lot of sec issues lately that will keep the price below 30,000 for a long time but as things, goes on we may be able to cross that price bench but for now,3 we have to learn to keep things on a basic level.
not sure if what you mean by Sec issues as this does not truly affecting the market instead investors like you(if truly does) are preventing this from happening . why not buy and buy now while the price is cheap so the increase will happen very soon and that 30k level will surely be broken? - Bitcoin's value remained at more than 28k$, its price did not break 30k$ at the entry of April 1, but it is not bad to say because it is close to 30k$.
The important thing is that we still remained bullish on the market, even despite the various rumors about cryptocurrency. But it's still good that we keep a close eye on the movement even though what happens is unpredictable due to the volatility that bitcoin has.
and that is the reason for this thread to be locked because the time have lapsed and we need to create new. Help me reporting for locking and have new topic about this matter.
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Silberman
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April 01, 2023, 03:34:55 AM |
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Forget about 30,000 this month, there have been a lot of sec issues lately that will keep the price below 30,000 for a long time but as things, goes on we may be able to cross that price bench but for now,3 we have to learn to keep things on a basic level.
This is not so bad, people need to learn to embrace the downward movements just as they appreciate the upward movements, a downward movement is the opportunity to buy coins for a huge discount, once you think on the dips and the bear markets in this way instead of fearing them you will begin to look forward for them, because as smart investors know any profits you have the potential to make are made when you buy the asset and not when you sell it.
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Dave1
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April 01, 2023, 06:43:16 AM |
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Forget about 30,000 this month, there have been a lot of sec issues lately that will keep the price below 30,000 for a long time but as things, goes on we may be able to cross that price bench but for now,3 we have to learn to keep things on a basic level.
This is not so bad, people need to learn to embrace the downward movements just as they appreciate the upward movements, a downward movement is the opportunity to buy coins for a huge discount, once you think on the dips and the bear markets in this way instead of fearing them you will begin to look forward for them, because as smart investors know any profits you have the potential to make are made when you buy the asset and not when you sell it. It's just that everyone got excited with the huge bull run that we are seen since the start of the year and we all wanted to see $30k at least this year. And yet is is achievable as early as March so it's ok to at least hope that $30k could be breach. But in any case that it is not, then we don't have nothing to complain about it, $28k is already big as last November we just hit $15,500 and that is the lowest low for last year or this bear market. Still good though to accumulate at this price levels, who knows in the next bull run, it's going to be big and we are going to see 6 digits the most.
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Bitcoin2009
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April 01, 2023, 10:32:15 AM |
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Unfortunately, in March there was a correction again so that the price had dropped to around $ 26k, so the hope to see the price reach $ 30k did not happen in March, but looking at the conditions and market developments, I am optimistic that the price of $ 30k will occur in April or the current month maximum until April 10th.
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Baofeng
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April 01, 2023, 11:41:20 PM |
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- Bitcoin's value remained at more than 28k$, its price did not break 30k$ at the entry of April 1, but it is not bad to say because it is close to 30k$.
The important thing is that we still remained bullish on the market, even despite the various rumors about cryptocurrency. But it's still good that we keep a close eye on the movement even though what happens is unpredictable due to the volatility that bitcoin has.
Right, we wish we can hit that $30k, but with some negative news around the last week of March, we didn't have enough push. But the most important thing is that the price reaches it's barrier again at $28,500 and I think we will see it trading sideways for sometime in April, maybe a couple of days or even in the first week. But after that we will see a break out run, either on the upside of it, $30k, or just another minor correction to $25k-426k. But that is a healthy correction as the price might rally after that because it will be open for another opportunity to purchase because as I have said, we might not see $20k as our entry point anymore. So this is still a good price to buy and get in the ecosystem before it's too late. Because the next bull run could be higher than we all expected. Forget about 30,000 this month, there have been a lot of sec issues lately that will keep the price below 30,000 for a long time but as things, goes on we may be able to cross that price bench but for now,3 we have to learn to keep things on a basic level.
This is not so bad, people need to learn to embrace the downward movements just as they appreciate the upward movements, a downward movement is the opportunity to buy coins for a huge discount, once you think on the dips and the bear markets in this way instead of fearing them you will begin to look forward for them, because as smart investors know any profits you have the potential to make are made when you buy the asset and not when you sell it. Yes, that's what I'm saying, we should understand that the price won't go on a direct parabolic rise, specially with BTC volatility. So there would be time that the market is going to be down -1% to as high as -5%. And then we will rebound and move higher than the previous price. That's how a downward movement will be positive to us. When it goes down, then buy more and HODL. Or for short term speculators, they can take advantage of that as well and make money selling when it's goes up. In any case, it's a win win situation for everyone.
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Wiwo (OP)
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April 02, 2023, 05:28:31 PM |
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Unfortunately, in March there was a correction again so that the price dropped to around $ 26k, so the hope to see the price reach $ 30k did not happen in March, but looking at the conditions and market developments, I am optimistic that the price of $ 30k will occur in April or the current month maximum until April 10th.
Yes the month of match was faced with a double-face market outlook, Bitcoin made some tremendous movement up to $28k+ in the month but failed to reach the speculated price of $30k, this is a result of so many factors that affected the bitcoin market. -April is another month again and from the foundational element in the Bitcoin market with a positive chart outlook, we should be prepared for another greater price movement.
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April 02, 2023, 07:32:50 PM |
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The week has ended and the new month has begun but Bitcoin has not touched 30k. But I am keeping this hope for the month of April, If the first week is observed then the second week the signal may go above 30k or it will touch around 30k. I hope to see a good green line in bitcoin in April. After the collapse of some banking sectors, it has risen higher in the eyes of many, moreover, Bitcoin has been honored through LED lights in some banks in Europe. So these events around could happen with Bitcoin going home to 30k this month
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goaldigger
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April 02, 2023, 09:53:59 PM |
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The week has ended and the new month has begun but Bitcoin has not touched 30k. But I am keeping this hope for the month of April, If the first week is observed then the second week the signal may go above 30k or it will touch around 30k. I hope to see a good green line in bitcoin in April. After the collapse of some banking sectors, it has risen higher in the eyes of many, moreover, Bitcoin has been honored through LED lights in some banks in Europe. So these events around could happen with Bitcoin going home to 30k this month
This is the target but right now there’s a big threat of red candles and we might see Bitcoin at the price of $25k again which is still a good level to buy so don’t panic. We’re waiting for more confirmation to confirm the Monthly trend, it is still up trend and this could be a good one. I can see April to be a correction Month, so be careful and be informed with the news and trend always so you can know where to enter.
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Silberman
Legendary
Offline
Activity: 2688
Merit: 1374
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April 05, 2023, 04:09:35 AM |
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The week has ended and the new month has begun but Bitcoin has not touched 30k. But I am keeping this hope for the month of April, If the first week is observed then the second week the signal may go above 30k or it will touch around 30k. I hope to see a good green line in bitcoin in April. After the collapse of some banking sectors, it has risen higher in the eyes of many, moreover, Bitcoin has been honored through LED lights in some banks in Europe. So these events around could happen with Bitcoin going home to 30k this month
At this point in time the market is ranging and it does not seem as if it is going to go up in value and surpass 30k during the first days of April, but people should not feel disappointed because of this situation, 28k is a great level to buy some bitcoin, and while during the short term we could see a small setback I doubt the price is going below the 25k support level during the next weeks or even during the next months.
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