hugeblack
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April 06, 2023, 12:50:38 PM |
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I believe that the price is moving against trends, and therefore as long as there is optimism, the price may not move in the same direction. In the previous days, there was a lot of negative news, however, this news was not reflected as a decrease in the price, which means that it may be calculated in the future, especially since the regulatory restrictions on the platforms are increasing, which means a problem in demand. In general, we have gone too far over the past months, so I hope that we will see a slight correction before returning to the $30,000 levels. There is a kind of paid prediction here -----> Sinbad.io April Bitcoin Price Prediction Challenge! that you can participate in.
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Dickiy
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April 06, 2023, 01:19:56 PM |
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Looking at the chart below, no brainer and pretty sure everybody is bullish when the month of March ended. Now let's have a fun one... I guess the question is how bullish are you right now after BTC broke above 25k, stayed above it and went on to go above 28k?
Next stop 30k - 32k range.
I think it is most likely that the price will go above 30k this April, provided we don't have some catastrophic news that pushes the price down. But I think the worst of the bear market is over, and although the price is not going to go in a straight line upwards, I think it is going to have a tendency to go up little by little. We are a year away from the halving, and although the bull run usually takes place a year after the halving, normally a year before it there is also a rise. Coming from the lows we've had, the most likely scenario is to go up gradually this month, staying in the range between 30 and 35K. Today bitcoin has decreased by more than 2%, the price of bitcoin has returned to the current price of $ 27k, I don't know what news caused bitcoin to experience a decline or maybe it was just a normal correction like market and technical problems. I agree with you, I think bitcoin is out of the bearish zone and we will most likely crawl to the $30k price level this April and maybe more than that, right now we are testing the $28k price level to find out how strong the support is $28k to continue the rally. It should have been a bullish sign at the start of Q2 for the altcoin season and bitcoin season but it looks like they are still waiting for confirmation.
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tokeweed (OP)
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Life, Love and Laughter...
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April 06, 2023, 03:05:07 PM |
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I believe that the price is moving against trends, and therefore as long as there is optimism, the price may not move in the same direction.
But given the options of the poll, it's the just "bullish" option that's getting all the votes, not the super bullish one or the super duper bullish one. :/ Does that mean the sentiment is still kinda bearish even if it's bullish? If so and given in accordance to your condition that price moves against trends, then the price would be moving up again sooner or later. Lolol. Seriously tho, BTC is in a bit of a rut. But nothing too bad. Just shorts taking shots at the market.
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justdimin
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April 09, 2023, 05:55:58 AM |
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Today bitcoin has decreased by more than 2%, the price of bitcoin has returned to the current price of $ 27k, I don't know what news caused bitcoin to experience a decline or maybe it was just a normal correction like market and technical problems. I agree with you, I think bitcoin is out of the bearish zone and we will most likely crawl to the $30k price level this April and maybe more than that, right now we are testing the $28k price level to find out how strong the support is $28k to continue the rally. It should have been a bullish sign at the start of Q2 for the altcoin season and bitcoin season but it looks like they are still waiting for confirmation.
I think it's nothing that big, those type of increases and decreases happens everyday and we shouldn't be really worried about it, that's a normal thing for all of us. I know that not many people feel comfortable when the price falls, but the reality is that we just have to learn to live with it. Not many people feel like they want to hold it when it is going down, but this isn't a crash or anything, it's daily regular price fall that happens all the time. Just wait for it to pass and when the time comes there is nothing wrong with it and you can continue to live with it without a trouble. I personally will hold it until it is over ATH again.
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Edwardard
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April 09, 2023, 08:48:55 AM |
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Historically speaking, April is mostly always bullish for risk on assets. This time too I expect it to breach 30k (although I did expect it to break it in march itself). Maybe it wants to take a dip before rip off ? Just like last time it did from 23k to 19.5k then shot to 28k with back to back dildos. Btw, your poll only got bullish and super duper bullish options. Where will the bears go then? Lmao.
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Jating
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April 09, 2023, 11:54:34 AM |
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Historically speaking, April is mostly always bullish for risk on assets. This time too I expect it to breach 30k (although I did expect it to break it in march itself). Maybe it wants to take a dip before rip off ? Just like last time it did from 23k to 19.5k then shot to 28k with back to back dildos.
That's one scenario as well, in order for us to shoot up to $30k or higher, perhaps we need another retracement to like $23k or something. That's how we slingslot prices historically. But in any case it won't happen this April but still $30k is going to achieved, then there is some big news, a event that might cause investors to FOMO again and then we go from $28k to $30k very quickly. Btw, your poll only got bullish and super duper bullish options. Where will the bears go then? Lmao.
Here is what the OP says, Rofl yeah, nope, no bearish options this time. And asking for a sub 15k move now is just a pipe dream at this point in the game. Something reeeaally bad has to happen somewhere to spook the whole market out in a yuuuge way. Like how the pandemic happened and brought everything down. I'm not discounting anything but with the way things are, everything is looking good. So far...
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Dickiy
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April 09, 2023, 05:28:04 PM |
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Today bitcoin has decreased by more than 2%, the price of bitcoin has returned to the current price of $ 27k, I don't know what news caused bitcoin to experience a decline or maybe it was just a normal correction like market and technical problems. I agree with you, I think bitcoin is out of the bearish zone and we will most likely crawl to the $30k price level this April and maybe more than that, right now we are testing the $28k price level to find out how strong the support is $28k to continue the rally. It should have been a bullish sign at the start of Q2 for the altcoin season and bitcoin season but it looks like they are still waiting for confirmation.
I think it's nothing that big, those type of increases and decreases happens everyday and we shouldn't be really worried about it, that's a normal thing for all of us. I know that not many people feel comfortable when the price falls, but the reality is that we just have to learn to live with it. Not many people feel like they want to hold it when it is going down, but this isn't a crash or anything, it's daily regular price fall that happens all the time. Just wait for it to pass and when the time comes there is nothing wrong with it and you can continue to live with it without a trouble. I personally will hold it until it is over ATH again. Yes, maybe this is already a market dynamic, like people owning assets in bitcoin or altcoins, which can put psychological pressure if there is a decrease or increase, but for some people who are relatively new to the crypto currency market, of course, they always pay more attention to the assets they own. , which may include that they could check their assets on a daily basis which is not a good thing in doing so. Yes, I am quite aware of it in terms of market movements, but there are always several reasons that can be correlated with the rise and fall of bitcoin prices on the market, news sentiment is quite influential on bitcoin price movements, of course some people who do analysis will look for the answer as a conclusion why prices can up and down. Speaking of holding bitcoin, I'm thankful today I still hold it and I don't know when I have to sell it, maybe 4-10 years later or closer.
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dragonvslinux
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April 09, 2023, 06:46:47 PM |
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Next stop 30k - 32k range. That's double the price of where it was during the lows of November. Leeez gooo!
Lol, loving the poll this time. No option for bearish I think you're expectations are quite accurate. Even some bears who are expecting sub $15K after anticipating a move to $30 to $23K before further downside, which says a lot. Personally I "only" voted bullish, as opposed to super/uber bullish, as notably this year so far we have seen a substantial gain in Jan, followed by consolidation in Feb, followed by a another considerable gain in Mar. So while I think it's likely to re-test $30K level that was previous support, I also expect it is likely to act as some form of resistance (at least initially) leading to more of a consolidation style month similar to February. Rofl yeah, nope, no bearish options this time. And asking for a sub 15k move now is just a pipe dream at this point in the game. Something reeeaally bad has to happen somewhere to spook the whole market out in a yuuuge way. Like how the pandemic happened and brought everything down. I'm not discounting anything but with the way things are, everything is looking good. So far... Yeah, probably we have seen the the lowest low for this bear market at $15,500 and the new lows perhaps is $20k++. But what are the chance though that we might have a black swan event this year? hmm... I think if there is to be "another" black swan event then it'd more likely be towards the end of the year or early next year. I only say this as for me the FTX collapse end of 2022 was more a black swan event than any price-based capitulation. Price was looking quite stable around $20K until that happened, and notably rose back above with ease, suggesting the secondary capitulation was out the ordinary and unnatural. Although at the start of the week this month there is no sudden movement of the price, we are still stuck in the $28k'ish and we might be in the sideway pattern. Let's just hope that this month might be another positive growth, if not, no major retracement again. And who knows maybe we can see that $30k price that everyone is looking for.
Whether price is to move upwards towards $30K or consolidate around $28K, even for the rest of the month, is somewhat irrelevant to me. Consolidation under resistance (without a major rejection) is bullish, while a move towards $30K resistance level would also be bullish. As you say, it's only a major retracement that could be bearish, but I think $25K or $23K would act as strong support if this were to occur.
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NicNacCoin
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April 09, 2023, 08:28:10 PM |
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Historically speaking, April is mostly always bullish for risk on assets. This time too I expect it to breach 30k (although I did expect it to break it in march itself). Maybe it wants to take a dip before rip off ? Just like last time it did from 23k to 19.5k then shot to 28k with back to back dildos. Btw, your poll only got bullish and super duper bullish options. Where will the bears go then? Lmao.
I also thought Bitcoin price would cross $30000 by March. On March 30, Bitcoin came down again to $29,184 and was very close to $30,000 but did not fill the target for a while. However, Bitcoin may cross $30,000 in April. But I don't understand one thing at all. Earlier I saw a news story where Bilaji Srivasan made a bet that bitcoin will go to one million dollars in three months. I can't say how it is possible to have 1 million bitcoins in three months. If so then the price of Bitcoin will start to rise from now. But by your logic do you think Bitcoin will be a million in three months?
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|MINER|
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April 09, 2023, 08:31:19 PM |
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The position of Bitcoin in April may be different from previous months. It's already been a week of April and still Bitcoin price is hovering around 28k. I think around that if a strong resistance can form in the second week or third week maybe bitcoin will touch 30k by the end of April, although it is very difficult to guarantee its future.
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GreatArkansas
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April 09, 2023, 11:42:12 PM |
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The monthly candle of March 2023 is bullish for me, too many pumps we had. I am expecting this month (April 2023) will be more sideways and multiple testing the yearly high, I'll be glad also that Bitcoin will test the $30,000. I am not yet short-term - mid-term bullish here especially this month.
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Kemarit
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April 10, 2023, 07:36:44 AM |
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The position of Bitcoin in April may be different from previous months. It's already been a week of April and still Bitcoin price is hovering around 28k. I think around that if a strong resistance can form in the second week or third week maybe bitcoin will touch 30k by the end of April, although it is very difficult to guarantee its future.
It's been consolidating in this price range, around $28,000 and there are no major movement. I think the resistance is $28,500, if we can break that and then price remain steady, then we could move upward to $30,000. But so far none this month, it's very slow, but maybe in the latter part of the month, we might see a good news that will boost the price. So we will see, yeah, I know that there is no guarantee, and so we might have to take it day by day. Or if no $30,000 in the horizon, might be some pull back, but we shouldn't be discourage, it could be a good and healthy one, even in bull run, we will see some pullback as the market needed this short period so that we can go back and refresh the market when the price goes down and everyone can buy again.
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Nrcewker
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April 10, 2023, 12:52:06 PM |
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Btc are now struggling in this price segment for many weeks I must say. Some internal pull is being affected or the resistance is really hard in this price segment. April is the month, where the signs are purely visible for the following year. So if Bitcoins manages to cross 35k usd in this month, then definitely we can see all time high price for the coin. For the time being we shouldn’t debate more on the price. We should buy as many coins as we can in this cheap price and should sell when Bitcoins reach atleast 50k usd.
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LogitechMouse
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April 10, 2023, 12:55:18 PM |
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Looking at the chart below, no brainer and pretty sure everybody is bullish when the month of March ended. Now let's have a fun one... I guess the question is how bullish are you right now after BTC broke above 25k, stayed above it and went on to go above 28k?
Next stop 30k - 32k range. That's double the price of where it was during the lows of November. Leeez gooo!
In this last week, we've seen Bitcoin moving sideways from around $27,500-$28,500. TBH, it is hard to predict what move will the price of Bitcoin will be in the next weeks. Yes we've seen Bitcoin moving up in the month of March which is quite exciting, but it seems like it's having a hard time surpassing that $30,000 psychological resistance. In the past 14 days, it touched the $29,000 only "ONCE" and after that, it went down immediately. It didn't last long, and I know that most of the users here are very optimistic with regards to the price of Bitcoin because of what happened last month, but I have this doubt in my mind where maybe we might see some sellers selling their Bitcoin for this month. I don't know, but it's just what I feel. I'm still bullish on Bitcoin sure, but I expect a bit of downward movement still after this sideways movement.
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kapalmabur
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April 10, 2023, 02:49:19 PM |
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I think in April bitcoin sentiment is still good, but for pump or bullish I think it will still not happen, we are still below $ 30k and still above $ 20k, meaning sideways will occur this April, so if you want hold make sure you also have to be ready to cut lose.
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Lanatsa
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April 10, 2023, 10:59:37 PM |
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I think in April bitcoin sentiment is still good, but for pump or bullish I think it will still not happen, we are still below $ 30k and still above $ 20k, meaning sideways will occur this April, so if you want hold make sure you also have to be ready to cut lose.
Sideways or not then it is really still good to see that we are seeing positive increments which is really something that do shows up some recovery after some huge correction. We are now 1/3 of this month of April and BTC or the entire market does show another green condition which for those people who do able to get in earlier would really be likely be able to make profits on short term durations. For now we cant be able to tell if this one would be sustainable or not considering that this market could really be having those dips and corrections after some green candle emerges. Just deal on what you do see along the way.
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bbc.reporter
Legendary
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Activity: 3108
Merit: 1486
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April 11, 2023, 02:54:12 AM |
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It appears the voters for super bullish and super duper bullish might begin to appear in the poll hehehe. Many short sellers were liquidated yesterday. It might be almost $1 billion in liquidations. Rest in peace to them. Let us wish that they stop underestimating this pump since March 12 and also stop listening to the fud that are being created by mainstream media. It is part of a recent coordinated attack on the cryptospace.
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Strongkored
Legendary
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Activity: 2954
Merit: 1114
Hire Bitcointalk Camp. Manager @ r7promotions.com
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April 11, 2023, 03:43:13 AM |
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I think in April bitcoin sentiment is still good, but for pump or bullish I think it will still not happen, we are still below $ 30k and still above $ 20k, meaning sideways will occur this April, so if you want hold make sure you also have to be ready to cut lose.
And today the Bitcoin price has broken through $30,000++, it is very possible that this month it will be in the range of $30,000 - $40,000 but $40K might be hard to achieve so the most likely is $35,000. I am bullish this month but not super bullish because the movement will only run as a rally before anything else can push the price higher. Cutloss is only for day traders to keep trading, mid-term and long-term will do nothing on seeing the price drop other than go back to add to the bag.
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|MINER|
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April 11, 2023, 04:38:51 AM |
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I think in April bitcoin sentiment is still good, but for pump or bullish I think it will still not happen, we are still below $ 30k and still above $ 20k, meaning sideways will occur this April, so if you want hold make sure you also have to be ready to cut lose.
And today the Bitcoin price has broken through $30,000++, it is very possible that this month it will be in the range of $30,000 - $40,000 but $40K might be hard to achieve so the most likely is $35,000. I am bullish this month but not super bullish because the movement will only run as a rally before anything else can push the price higher. Cutloss is only for day traders to keep trading, mid-term and long-term will do nothing on seeing the price drop other than go back to add to the bag. What I thought that actually happened today bitcoin at last touch 30k today. Finally the 10 month waiting is now over. I don't think that it will touch 40k range in this month I think month is also gonna follow the previous month flow . I also doubt if 35k will touch. However, seeing this positive turn of the market, the old days are being remembered again, maybe the crypto market is moving towards a comeback. And I think the price of Bitcoin will be around 30k range this month
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doomloop
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April 11, 2023, 10:05:05 AM |
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I think in April bitcoin sentiment is still good, but for pump or bullish I think it will still not happen, we are still below $ 30k and still above $ 20k, meaning sideways will occur this April, so if you want hold make sure you also have to be ready to cut lose.
Sideways or not then it is really still good to see that we are seeing positive increments which is really something that do shows up some recovery after some huge correction. We are now 1/3 of this month of April and BTC or the entire market does show another green condition which for those people who do able to get in earlier would really be likely be able to make profits on short term durations. For now we cant be able to tell if this one would be sustainable or not considering that this market could really be having those dips and corrections after some green candle emerges. Just deal on what you do see along the way. Those short-term traders who have been holding until now will surely enjoy the uptrend that has just started and Bitcoin is marching towards $30k which has caused a significant increase in the market among altcoins as I can see all are green with at least 5% or more increment in each coins price which isn't bad at all. I'm positive that a lot of short-term traders will take profit at around the $30k-$31k range as there are also chances of the price dropping back a little bit after it touches maybe $32k or it might not even go there.
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