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SirLancelot
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April 14, 2023, 06:32:01 PM
 #61

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.
Yeah, the market is too unpredictable, and that is the reason why it feels like it is going to get a correction from this point. It couldn't hold it strong after testing the $31k mark and went down shortly after that, which can either be a signal that $30k is going to be the next resistance, or it was just a fractional correction.

Either way, I'm still positive that we will see another jump pretty soon, and that's when I would like to start doing DCA, I wouldn't buy all-in on a single price point considering how unpredictable it has become lately.

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April 15, 2023, 03:25:42 AM
 #62

Very promising start of the year as price could touch $30k after almost a year under $30k, 2022 can be an important lesson that when we are too optimistic the opposite happens, price drop from $69k to $15k, and i also lost a lot money because the most expensive price I buy is $55k and sell at $22k.


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btc_angela
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April 15, 2023, 08:40:14 AM
 #63

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.
Yeah, the market is too unpredictable, and that is the reason why it feels like it is going to get a correction from this point. It couldn't hold it strong after testing the $31k mark and went down shortly after that, which can either be a signal that $30k is going to be the next resistance, or it was just a fractional correction.

Either way, I'm still positive that we will see another jump pretty soon, and that's when I would like to start doing DCA, I wouldn't buy all-in on a single price point considering how unpredictable it has become lately.

Right, it's the best thing to do, DCA and just continue to invest on bitcoin because the chance for us to earn huge money is here, we just have to invest when the price is still very cheap although it's $30k.

So we will remain positive all throughout this process. As we have gotten over $30k and as per prediction the next biggest barrier will be $32k.

With that we just need to stay long in this game, as the ensuing rally might continue this year.

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April 15, 2023, 10:19:50 AM
 #64

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.
Yeah, the market is too unpredictable, and that is the reason why it feels like it is going to get a correction from this point. It couldn't hold it strong after testing the $31k mark and went down shortly after that, which can either be a signal that $30k is going to be the next resistance, or it was just a fractional correction.

Either way, I'm still positive that we will see another jump pretty soon, and that's when I would like to start doing DCA, I wouldn't buy all-in on a single price point considering how unpredictable it has become lately.

Right, it's the best thing to do, DCA and just continue to invest on bitcoin because the chance for us to earn huge money is here, we just have to invest when the price is still very cheap although it's $30k.

So we will remain positive all throughout this process. As we have gotten over $30k and as per prediction the next biggest barrier will be $32k.

With that we just need to stay long in this game, as the ensuing rally might continue this year.
Correction is expected but that's for the greater good, Bitcoin can still fall back to 20k again who knows? But I am not ready to be watching Bitcoin price time to time, it won't help unless you are a short-term investor or a trader, now it's still a good time to keep your DCA going and not put an end to it just because Bitcoin is now over 30k. Also, the FED can still make Bitcoin price see a leg down again, and watching the chart it is not looking good if Bitcoin keeps surging and surging.

.
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April 15, 2023, 11:52:50 AM
 #65

Very promising start of the year as price could touch $30k after almost a year under $30k, 2022 can be an important lesson that when we are too optimistic the opposite happens, price drop from $69k to $15k, and i also lost a lot money because the most expensive price I buy is $55k and sell at $22k.
You were selling bitcoin for nothing. The most important lesson for those who bought bitcoin at a higher price is that if you didn't sell, you didn't lose. After 2017, people also bought bitcoin at 15k-19k and then sold at 3k-6k and left the market thinking bitcoin was a scam. But they had to wait 3-4 years to make a profit after what they thought was a bad trade. You should also have waited instead of selling.

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April 15, 2023, 01:38:35 PM
 #66

Bitcoin is worth around $30k with every investor hoping that the price will go higher bitcoin investment has good long term results. The crypto market is not stable and there is less chance of scams in bitcoin investment. It is foolish to sell even if the price goes down the reason for the price drop is to wait patiently for the price to rise further. As the volume of bitcoin sold in the market increases, the price decreases and as more institutions adopt bitcoin as a means of investment and exchange its price rises.

R


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April 15, 2023, 02:21:25 PM
 #67

The dollar has really lost value by about 12% against my local currency, which means it's really lost a great deal, but that's better for Bitcoin. I just woke up this morning to see Bitcoin trading above $30k1, it was unexpected to me and a good move. I hope it sees more movement as it has been able to hold strong above $30k since morning.
I don't know how people feel when dollars depreciate or lose it values, it doesn't harm me when I see dollars going down, what I'm interested of, is bitcoin increasing in value and that is only way I believe we can as well be excited, because dollars affects country currency due to world Bank and GDP of the country,  the aspect of bitcoin getting accelerated, it always be surprised to people concerning  increment of bitcoin whenever it increases, I believe that bitcoin have a very good support this days and that's while it's increasing, so I believe that as this increment started it will continue to increase.

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April 15, 2023, 02:58:29 PM
 #68



It was to be expected. I was one of the people who kept saying that bitcoin is undervalue sub 20 000 and that not buying it at 18 or 19 thousand is a waste, but people were so scared by FTX that doom and gloom mood prevailed for months.
That said, I'll be surprised if we go past 35 000. 28-35 looks like a range we could stay for a while. The mood isn't bullish enough to take us back to the 40s.

I have to find Gareth Soloway who kept repeating on Kitco and other channels for the last year that the bottom isn't in and that he's waiting for 10k to buy. He's going to need a pack of tissues.


control.

This meme though is amazing hahahah. I hope we can get enough gas to shoot up to the 40s but 30k a coin holding steady for a while is fine by me. I think we can break past that especially with this widespread banking panic

For now, maybe the bitcoin price will be in the $30k area and won't be able to immediately jump to the $40k level, although with the current increase many are speculating that the bitcoin price will arrive soon but there is also a possibility that we will experience a correction first, The recent hike in price is certainly a breath of fresh air for bitcoin holders especially for investors who bought bitcoins for $19k during last month's crash as they have made significant profits selling them back during this upswing.
Let's see where the market goes next, hopefully not falling back to the $25k -$20k area.

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April 16, 2023, 01:35:04 PM
 #69

At the moment Bitcoin is at $30K which is double the market growth compared to before. We've seen Bitcoin price hit $15K in a bear market before the new year started. But Bitcoin did not stop at that position but it slowly reached the market again at $30k dollars. And I think the Bitcoin market will exceed $50,000 by the end of 2023. So there is no need to be so pessimistic about Bitcoin price it will reach its core level again. Investing in Bitcoin and holding it for the future would be a wise move.

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April 16, 2023, 06:31:12 PM
 #70

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.
Yeah, the market is too unpredictable, and that is the reason why it feels like it is going to get a correction from this point. It couldn't hold it strong after testing the $31k mark and went down shortly after that, which can either be a signal that $30k is going to be the next resistance, or it was just a fractional correction.

Either way, I'm still positive that we will see another jump pretty soon, and that's when I would like to start doing DCA, I wouldn't buy all-in on a single price point considering how unpredictable it has become lately.
I think correction will not take too long. Between having a very strong 30k and not being able to go too much higher from there, it means that if the correction happens now, we will drop to somewhere above 28k level and then it will take just a day or two to recover from there as well. I know that it is going to hurt everyone to consider something like this, but in reality it should not be a problem at all to have a small drop.

I get that some people leave when they see a drop, that plus all the long futures being cashed out causing another dip will equal to a lower price. But just because there is panic in the air at that moment doesn't mean we will fall too much. We should be able to recover nicely very quickly and continue to move on.

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April 16, 2023, 07:55:54 PM
 #71

Very promising start of the year as price could touch $30k after almost a year under $30k, 2022 can be an important lesson that when we are too optimistic the opposite happens, price drop from $69k to $15k, and i also lost a lot money because the most expensive price I buy is $55k and sell at $22k.
The question is why are you selling Bitcoin at $22K when you are buying Bitcoin at $55K? If only you hadn't sold the Bitcoin you once bought at that high price at $22K, you would have gotten some recovery from the asset you had. So I think there's nothing wrong with being optimistic about Bitcoin even in bad conditions because recovery is a sure thing as long as the number of enthusiasts who want to own Bitcoin doesn't decrease.

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April 17, 2023, 05:16:31 AM
 #72

Since the crash of FTX and Luna markets in 2022, Bitcoin prices have been heavily dumped. And since making the lows, Bitcoin price has been slowly showing bullish candles since January 2023. And we can embrace its rising price as a bullish signal. Because Bitcoin halving is going to start around 2024 and the price of Bitcoin will increase twice as much as last year.
Bitcoin price hit 30K in April and is likely to rise further. Each month the price of Bitcoin will increase periodically and the green candles will rise.

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April 20, 2023, 04:22:49 AM
 #73

Very promising start of the year as price could touch $30k after almost a year under $30k, 2022 can be an important lesson that when we are too optimistic the opposite happens, price drop from $69k to $15k, and i also lost a lot money because the most expensive price I buy is $55k and sell at $22k.
I really hope that you have improved your skills since then as there are not many traders out there which can keep themselves afloat when the magnitude of their losses is so massive.

Most likely at the time you invested in bitcoin because of FOMO, as there is no other way to explain someone buying at such a high price when they had the opportunity to buy bitcoin cheaper for years, and then you became a victim of the FUD as you decided to sell for such a low price, so my recommendation to you is that you focus on the basics and think about why are you investing in bitcoin on the first place? As making money is not a good enough reason, you need to also think of bitcoin as a useful asset which can become quite important during the next decades, and once you think like that even if the price crashed you will not feel compelled to sell your coins.
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June 22, 2023, 08:27:00 PM
 #74

Bitcoin is 30k again. But maybe we'll see 20k and below.
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June 23, 2023, 12:19:21 PM
 #75

Bitcoin is 30k again. But maybe we'll see 20k and below.

Lol, I thought that you will be positive seeing the price at $30k again. But it's kinda funny that this thread is open way back in April when it was the first time that we touch $30k again after a long time. But after that, it started a free fall in the next 2 months, seeing lows of $25k and then the sideways of around $26k-$28k.

Nevertheless we have broken the pattern again, as we have seen $30k twice already. Just a matter of time before this resistance price (so far), will become our biggest support. We need to surpassed it first or at least maintain it before we made a break out rally. But we need more good and positive move as we all know that there could be money still just waiting for the right time to jump in.
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June 23, 2023, 02:17:06 PM
 #76

Bitcoin is 30k again. But maybe we'll see 20k and below.

Many are waiting to buy if the price is below $ 20k, all opportunities can certainly occur but seeing the current market conditions it seems it will be difficult to drop below $ 20k, this is because in early 2024 there will be a halving day which makes prices increase, other than That potential to continue to rise can occur because the number of users continues to increase.
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June 23, 2023, 03:39:38 PM
 #77

Bitcoin is 30k again. But maybe we'll see 20k and below.

Many are waiting to buy if the price is below $ 20k, all opportunities can certainly occur but seeing the current market conditions it seems it will be difficult to drop below $ 20k, this is because in early 2024 there will be a halving day which makes prices increase, other than That potential to continue to rise can occur because the number of users continues to increase.

Turns out many are also waiting to buy if Bitcoin can hold $30K by the end of the month as well, not just a return to $20K. Personally I still think a pull-back to around $27K or $28K prior to finally breaking the year long resistance level is more likely, but there are many bears who will finally admit they were wrong about 2023 if Bitcoin can reclaim the $30K level. This is because many anticipated that the highest price Bitcoin could reach this year was $30K, prior to a correction for the remainder of the year to lower prices. But failing that, price could otherwise go back to $50K or $60K if in fact $30K isn't the top for the year.

I think many have also overlooked how many "usual" participants have stayed away from the market this year compared to previous bear market years, because they STILL anticipate that price can reach $10K or $12K, despite the rise from $15K to $30K. Personally I think it's evident by the relatively slow recovery taking 6 months to double in price, whereas in 2019 in the same time-frame price was up 300%+.

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June 23, 2023, 09:06:28 PM
 #78

Very nice bullish staircase looking formation higher on the weekly bars of these last six months or s, despite all the worries in between short term it looks good overall.   We have to step back to appreciate BTC is doing quite well fairly often as it tests sentiment quite harshly but then we also rise rapidly similarly so I guess its symmetrical in that way.

I do anticipate we pull back to near the 50 day average at some point but staying above 29724 or similar levels would indicate BTC has no problems regaining its pace on a wider perspective even when challenged with selling at times of bad news etc.

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June 23, 2023, 09:54:04 PM
 #79

Many are waiting to buy if the price is below $ 20k, all opportunities can certainly occur but seeing the current market conditions it seems it will be difficult to drop below $ 20k, this is because in early 2024 there will be a halving day which makes prices increase, other than That potential to continue to rise can occur because the number of users continues to increase.
Those who have already experienced the benefits of Bitcoin and also believe strongly in Bitcoin will never wait too long if they still want to buy again at this point. Because if they are waiting for a price below $20K for a reason to buy, it's only because they want to have higher profits, but if most people are targeting short-term profits in Bitcoin, of course any moment will always be used well to make the target achievable. Today Bitcoin has passed $31K and it is proof that a drop to $20K is a thing that will probably take a very long time to happen again for Bitcoin as there has been a lot of good news that could push Bitcoin price up.

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June 23, 2023, 10:24:30 PM
 #80

Very nice bullish staircase looking formation higher on the weekly bars of these last six months or s, despite all the worries in between short term it looks good overall.   We have to step back to appreciate BTC is doing quite well fairly often as it tests sentiment quite harshly but then we also rise rapidly similarly so I guess its symmetrical in that way.

I do anticipate we pull back to near the 50 day average at some point but staying above 29724 or similar levels would indicate BTC has no problems regaining its pace on a wider perspective even when challenged with selling at times of bad news etc.
I believe a correction is still very likely even today bitcoin has ordered $31K more to the price. Bitcoin volatility has increased in recent days - but this is also a good sign that bitcoin is still the best investment asset one can consider. I'm not worried about a possible correction - but should probably be prepared to go $35K and above before the correction hits.

Let's hope $30K becomes strong support for the rest of June, but then I hope the $35K resistance can also be hit.
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