30k Bitch!!!

[mk4]

well cpi is out this week.

next fed jump is may 1-3

if we do a 0.25 again I am thinking it helps btc a lot.

Maybe 40k by may

I really hate how these CPI announcements made markets in general more volatile than usual. I'm always far less productive when I always think "I wonder what does the macro peeps on Twitter think about the next CPI?" I'm totally aware that it's not the best way of using my time, but it's just so interesting and mildly exciting lol.

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[BenCodie]

well cpi is out this week.

next fed jump is may 1-3

if we do a 0.25 again I am thinking it helps btc a lot.

Maybe 40k by may

I really hate how these CPI announcements made markets in general more volatile than usual. I'm always far less productive when I always think "I wonder what does the macro peeps on Twitter think about the next CPI?" I'm totally aware that it's not the best way of using my time, but it's just so interesting and mildly exciting lol.

Eventually these announcements will be permanently terrible, meaning Bitcoin will be inversely effected to negative announcements about the US economy. Once the inversion completely sets in, it will almost always positively impact Bitcoin as the US economy continues to hit negative road bumps. Then eventually, the US Dollar will be so weak that the announcements will barely effect the volatility of Bitcoin.

It sucks to be an American with no Bitcoin right now...and it's only going to get worse.

[dragonvslinux]

well cpi is out this week.

next fed jump is may 1-3

if we do a 0.25 again I am thinking it helps btc a lot.

Maybe 40k by may

I really hate how these CPI announcements made markets in general more volatile than usual. I'm always far less productive when I always think "I wonder what does the macro peeps on Twitter think about the next CPI?" I'm totally aware that it's not the best way of using my time, but it's just so interesting and mildly exciting lol.

Eventually these announcements will be permanently terrible, meaning Bitcoin will be inversely effected to negative announcements about the US economy. Once the inversion completely sets in, it will almost always positively impact Bitcoin as the US economy continues to hit negative road bumps. Then eventually, the US Dollar will be so weak that the announcements will barely effect the volatility of Bitcoin.

As far as I understand - though I'm not expert with these CPI or rate announcements - then the CPI numbers weren't that bad at all, better than expected:

Prices rose 5% for the 12 months ended in March, down from 6% in February. It's the smallest 12-month increase since May 2021. On a monthly basis, CPI, which measures price changes over time for a basket of goods, ticked up 0.1% from February, as compared to a previous 0.4% increase.

In response, Bitcoin's price hasn't really moved (at least not yet) and remains around $30K, despite the news being considered bullish for the economy. While I think that negative US economy news can be good for Bitcoin, at the moment it doesn't seem all that related anymore as Bitcoin loses it's correlation to stock markets and begins to follow Gold. I don't think we need to bet on a weak US economy basically.

I'm also not convinced the US economy will get that much worse though. Generally we have seen improvement over inflation numbers in recent months, so it gives me the impression that if a recession was going to happen it would have started already. We've had the classic bankruptcies from major banks, followed by bank runs, similar to 2008, but this hasn't led to a domino effect or collapse as it were.

Even the stock markets generally have remained relatively stable since May last year, over 9 months now, generally moving sideways or with slight recoveries. It's not usual to see this much confidence in these economies for so long while there is the fear of an impending recession. Many also anticipated a recession would begin by Q1 this year, and so far these worst case scenarios have been avoided.

[doomloop]

I’m surprised that the price went through $30K and has been holding above it without a good sized pullback. That leads me to believe this rally still has legs. Somebody out there is snapping up all the BTC and just keeps buying. I do feel like we may see a pause at this level for a while to allow for some accumulation before the next leg up.

I'm expecting the pullback to hit us anytime as soon as it breaks out of the $30k level and hits $31k or maybe even before that. Not a lot of people, including me, were expecting the price to hit $30k before the end of the second week of April, I personally thought that it will just stay stable at around $28k and might even drop a little from there.

I really wish that the price goes up to $35k from this point, but somewhere from the inside, I feel it isn't going to happen. I just wish and hope that the market proves me wrong and touches that milestone before the end of this month.

[Party24*7]

I really wish that the price goes up to $35k from this point, but somewhere from the inside, I feel it isn't going to happen. I just wish and hope that the market proves me wrong and touches that milestone before the end of this month.

It's just your feeling, you don't have any proof to prove it won't happen. If you are waiting for bitcoin to move higher, then be optimistic because investing requires optimism. Pessimism is not profitable for you. The market is unpredictable, as long as you always have a plan for your investment, it doesn't matter if bitcoin goes up or down, there is always a way to cope when the market drops.

[Semar Mesem]

The achievements so far are of course very satisfying, but we must not be too quick to sell, I'm sure that when there is an increase like this, there will be lots of FUDs circulating and saying prices will fall again, but we must understand that conditions like today will continue to rise.

[Hallroom]

Bitcoin price has returned to 30k after a long period of almost ten months. Bitcoin seems to have come back to life and the green candles are standing up so it's nice to visit the markets as the portfolio grows. In the past the invested assets got smaller but now the green candle and the bullran wallet have strengthened due to the increase in the number of green candles now. More markets will be better in the future because now the current time is close to a bull market.

[btc_angela]

Bitcoin price has returned to 30k after a long period of almost ten months. Bitcoin seems to have come back to life and the green candles are standing up so it's nice to visit the markets as the portfolio grows. In the past the invested assets got smaller but now the green candle and the bullran wallet have strengthened due to the increase in the number of green candles now. More markets will be better in the future because now the current time is close to a bull market.

We've been green since January already, so if there is time to check your portfolio, then it should be regularly. But yeah, it's been a long road for us to see $30k this long, so it's a bitter sweet to finally again witnessing $30k and it could go higher in the next couple of days.

So I guess that next resistance is $32k, for sure it's going to be difficult. But as long as we keep positive in this market, it will be just a matter of time. Let's wait and hopefully we will remain bullish for this month so that the green candle will continue.

[ethereumhunter]

The achievements so far are of course very satisfying, but we must not be too quick to sell, I'm sure that when there is an increase like this, there will be lots of FUDs circulating and saying prices will fall again, but we must understand that conditions like today will continue to rise.

We have to be careful at this time because it is possible that the price will decrease again this weekend and will make people panic and not calm in holding their bitcoins. But for people who have known bitcoin longer, it will not be because they can still survive any situation and even use that situation to their advantage. If your target sell price is still not reached and it is the next peak price, you should keep holding on to bitcoins even if it takes a long time. If you can do that, you can get big profits later.

[Davian144]

The achievements so far are of course very satisfying, but we must not be too quick to sell, I'm sure that when there is an increase like this, there will be lots of FUDs circulating and saying prices will fall again, but we must understand that conditions like today will continue to rise.

Focusing on our own goals by continuing to ignore FUD is a very good choice and there is no need to feel affected by it. Because the current market conditions in April are getting better even though everyone doesn't know when the next correction will occur, but from a glance that has been seen now Bitcoin continues to stay at $ 30K which indicates that Bitcoin will continue to improve with price recovery this month

[TalkativeCoin]

It's nice to see +30k, but wouldn't be bothered either way, long-term is the name of the game here 

[el kaka22]

$30k definitely means a lot to every one of us and it should not be really considered a low job, it is a big deal. Not many people reacted the way they should, but the reality is that we have achieved something amazing and we should be happy about it. If we give the right reaction to 30k, the n40k will not be that hard to achieve.

Because we should have a lot of people who should be super happy and hyped about the increase, which in return should mean a lot of people having some profit and in the end all of that should result with having a lot of increase in the price as well. I know that it is not going to be that easy, but it should not be that hard to achieve neither, we should like that.

[$crypto$]

Bitcoin price has returned to 30k after a long period of almost ten months. Bitcoin seems to have come back to life and the green candles are standing up so it's nice to visit the markets as the portfolio grows. In the past the invested assets got smaller but now the green candle and the bullran wallet have strengthened due to the increase in the number of green candles now. More markets will be better in the future because now the current time is close to a bull market.

We've been green since January already, so if there is time to check your portfolio, then it should be regularly. But yeah, it's been a long road for us to see $30k this long, so it's a bitter sweet to finally again witnessing $30k and it could go higher in the next couple of days.

So I guess that next resistance is $32k, for sure it's going to be difficult. But as long as we keep positive in this market, it will be just a matter of time. Let's wait and hopefully we will remain bullish for this month so that the green candle will continue.

Look at the statistics for the bitcoin price in January, it has shown a green candle, which means this increase is a little slow, but what is certain is that now it has reached the level of $30K this month, of course there is still hope for further increases, but I still think there will definitely be a slight correction again after reaching the one he passed.

$32K won't be a hit if this remains a positive trend, some others think it will continue to break through stronger levels but I'm optimistic at the current price that it's good growth for our portfolio.

At least $50K will probably be the highest in the current year.

[Rasa nanas]

yes bitcoin managed to penetrate $ 30k, but it still hasn't really penetrated because the price of bitcoin is only slightly above $ 30k and at any time it can fall again below $ 30k. but this is also a good move for the bitcoin price going forward because several times bitcoin failed to break $30k. it only takes a small price increase for bitcoin to actually break through $30k and be able to trigger a bigger increase.

[DiMarxist]

I think bitcoin is take steps by steps for bull market I really wish that the price goes up to $35k from this point,$32K won't be a hit if this remains a positive trend, some others think it will continue to break through stronger levels but I'm optimistic at the current price that it's good growth for our portfolio, $32K won't be a hit if this remains a positive trend, some others think it will continue to break through stronger levels but I'm optimistic at the current price that it's good growth for our portfolio. but if it continues this drastic movement of additions of values in every month we step in, I believe that it might possibly reach to the previous point it. The market is taking bullish steps little by little in gradual process.

[passwordnow]

When those people keep on saying that they're bearish, we all know that do the other and opposite thing and that's the message. 
Now, it just needs to go into this price as a support and we might see some better prices again. But then, do not be too confident that we'll stay here because no matter what happens, we're already heading to the bull run and $30k will be left behind for sure.

It's nice to see +30k, but wouldn't be bothered either way, long-term is the name of the game here 

Exactly, I'm with you on that!

[ItsCrafty]

28k was big resistance zone for Btc and Btc failed many times to break this zone. i was waiting for this to be done because its required very high volume of BTC and at last it has been broken with high volume. Now Btc trading above 30k and alt coin father Ethereum are also crossed 2k. whole market is now looking green and i believe that Market is now entered bull season. If BTC remain stable above 30k then very high chances to goes straight to 40k just like its dumped in china fud.

[Oceat]

I'm surprised it reached $30k since I thought $28k, it's the final price and it will go back again to the low price but this seems like something is pushing to make it happen that it looks like a bull trap for the second time. lol Now I'm getting confused whether it's the final resistance level or there will be another push to it, perhaps until $35k - $40k i guess then go back to the low but this should take a while until the halving happens. Well, I might have to look at the chart again to predict where it should be landed next.

[Salahmu]

Bitcoin have been coming up since January but finally hit $30k+ , is actually a good sign and i believe that Market is now entering bull season. If BTC remain stable above 30k then very high chances to goes straight to 40k.

[lionheart78]

When those people keep on saying that they're bearish, we all know that do the other and opposite thing and that's the message. 
Now, it just needs to go into this price as a support and we might see some better prices again. But then, do not be too confident that we'll stay here because no matter what happens, we're already heading to the bull run and $30k will be left behind for sure.

It isn't a surprise to see Bitcoin @$30k  there had been some prediction roaming around when BTC first touches $28k that the next hop would be $32k so getting into the $30kish price is just a road to the next target price.  Anyway, I am still hesitant if we can call this a bull run since there is also a possibility of bull trap and reversal.  There is not much good news that can strengthen the bullish sentiment of the market.  But yeah, let us enjoy the current price and see what would be the next thing unfolds.

It's nice to see +30k, but wouldn't be bothered either way, long-term is the name of the game here 

Exactly, I'm with you on that!

We might be seeing $32k soon.. then $36k the $40k..  and so on..  Just hodl and wait for the price uptrending unfold.