What is your take on the pump coming?

[imamusma]

I personally still expect recovery in the next 1-2 months, this means the price may increase until June.
Volatility is inevitable even bitcoin has fallen by almost $2k in the last one day. But on TF 1month, we still get green candle to allow this optimism to remain. So there's no debate, it's just pure speculation.

I'm also expecting price to continue it's recovery until June/July time, that would complete a solid 6-month recovery from the lows (time-wise) that Bitcoin often is able to achieve when trends reverse. My only real concern is the split sentiment in the market; that of overly bearish still waiting for $10K/12K, or otherwise overly bullish expecting $40K to $50K. So while the recovery may continue, it could be a more sideways than up.

That's true, but the current market sentiment is most likely just due to some sell-off by investors who have been waiting for recovery for quite some time. I think this sentiment will only shift by itself as market conditions strengthen.

I tend to expect that the behavior of these investors and traders will change due to bitcoin's strong fundamentals moving up, but either way, we could also get a correction or maybe sideway until the end of April. A change in trend is likely to occur after the next two months, which means that we are still safe to expect this recovery to continue into June/ mid of July.

I believe $40k will be hit if the scenario I mentioned above is real.
Of course I expect price increase is still very likely in the next 1 to 2 months, and hopefully that will be true.

I think $40K is fairly average/reasonable price for Bitcoin based on different averages, so the question is more when this will be reached as opposed to if it will be imo. I do think that if we see this price in the coming months then there's is more chance of a continued rally up to $50K, even $60K, but otherwise if price stagnates below $30K then it could take until next year to return to the $40K level.

Regarding your question, I think it must be difficult for anyone to answer, mate.
But still, $40k can be expected during early May as I consider the rest of April to be sideways. So I hope we can actually be patient about that. 

Since 2023 we have enjoyed a period of recovery in the bitcoin price that still does not stop until mid-April.
I believe this is a period that we should enjoy after a year we have been down. Bitcoin fell to the $15k area, then recovered gradually to break through $31k in April 2023.

If you look at the chart movements at the beginning of the year until now it shows recovery because it has indicated a good green chart, it means that this year is the highest peak even though it is still far from ATH because it is not the time before the halving occurs, as long as the period is still ongoing we can still enjoy the bull movement is slow but can last for several months, while the bear market is still not strong enough to fight the direction from the bottom which is still showing good movement but I think the current pump will still continue in my assumption.

Yes, I saw it too. April is the fourth month in the bitcoin price recovery process but it is still possible to expect another two month highs. However, you should be very careful about the price after July because there is a possibility of a down trend movement.

Even though market conditions have been pretty good over the last 4 months, it is not uncommon to expect a big correction for the rest of the year (before the halving). I don't know if that's true, but it's just a possibility based on my analysis.

[Bananington]

I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds.

I do not care that bitcoin shames those who never believed in it, I just want the pump to keep going.

But what's your take on the pump?

Investors and long-term holders should be careful not to get too excited to the point that they want to sell all the bitcoins they have been keeping simply because of profits. Whatever price that bitcoin can get to right now I'm sure it will be nothing compared to what the halving will do the price of bitcoins then. We should try to still be patient.

[maydna]

Hopefully, the price can return to the $30k price soon because it's still holding on at $29k. Either tomorrow or the day after tomorrow, the price can only start to increase and maybe the price can immediately penetrate the price of $ 31k or even more.

Not sure, but I think the price will still hold and it's just a bit of a correction where bitcoin is back under $30k but once it strengthens there must be some factors that could occur, and we will see bitcoin still has a long way to go.

And now we have seen bitcoin price hit $30k again and it looks like another rally is about to start. Congratulations to those who managed to buy bitcoin at $29k yesterday because now they can see the benefits.

Hopefully, the price can return to the $30k price soon because it's still holding on at $29k. Either tomorrow or the day after tomorrow, the price can only start to increase and maybe the price can immediately penetrate the price of $ 31k or even more.

If you want to invest in bitcoin, you can buy it now, assuming the price is still at its current price of $29k, which is the lowest price you can get. It's best not to wait too long and hope the price can drop lower because it might not happen again. Use the remaining time to buy more bitcoins and hold on until they reach their next high.

Some do always pushing up that 10-12k price point which we know that it cant be possible as of todays situations where we could see that there's even a strong support on 24k if ever we do really goes down below this price.Somewhat we cant even able to see some news or fundamentals around then we might be seeing those numbers and about pumping or dumping which is something that cant really be known and there's no way
on knowing on what are the future movements and price predictions.This is where traders do really make out their own decisions whether they would be buying or selling whenever they do see
some pumps. You should really be versatile as much as you could and be wary on what are the price movement.

And pumps are now coming to a market where prices can go back to $30k. We hope this increase will be followed by the next increase, which can increase the price. But we must remain vigilant because the correction will continue, preparing your money to buy more bitcoins. And hopefully, the correction that occurred yesterday will end and be replaced by price increases that can continue.

[YUriy1991]

If you look at the current state of the cryptocurrency market, it is subject to constant fluctuations and can be challenging to predict. However, there are indications that the market is currently performing relatively well. Although some altcoins have yet to recover, Bitcoin's rise in value has generated optimism and strengthened the overall market. Compared to market performance in previous years, current conditions look more favorable.

[bitgolden]

Usually the bitcoin price was also pumped up before the halving. But it was not a complete bull run. In 2019, for example, the price reached half of the 2017 ATH. Accordingly, history could repeat itself in 2023. If that happens, 35K would probably be the peak this season. That is, if this theory is correct, there is not much left to grow.

The theory can still be repeated in Bitcoin this year if the level of correction is not too severe for Bitcoin this year, but now I am again seeing a price correction in Bitcoin so that now Bitcoin is starting to go back under $ 30K again, although there is another possibility of a return again at $30K also still there. And if the pump does happen again this year from $30K to $35K, it won't be too big a pump for Bitcoin even though it's a bit harder to happen right now.

I think theory does make sense if you ask me but it has gone up too quickly, that is the difficult part. Think about it this way, it reached this high this early, we are already at 30k, so maybe it will go up even more before it drops back to 35k? That seems better, look at 2019 for example, if we are doing something similar, in that year we started 3.5k, reached 14k, and dropped to 7k. So by that logic 35k is possible, but maybe it will reach higher?

Let's say even if not at 70k, at least something like 45k to 50k? Then it could go back down to 35k once again. After that, it should be a huge increase next year, where it goes from 35k to over 200k, and I think that is still quite possible as well. I see it growing much larger next time we have a bull.

[DiMarxist]

But we must remain galant because the correction will continue, preparing your money to buy more bitcoins. correction can range to $20k or hit $60k. The correction could cost us a strong blow that would pull the price down near $20k, or rise to hit $60k. However, there are indications that the market is currently performing relatively well. Although some altcoin have yet to recover, bitcoin rise in value has generated optimism and strengthened the overall market. The market will remain to fluctuate and it is highly unlikely. A long-term holder of bitcoin, The DCA pattern is one of the strategies is l, and DCA till the next bull run.Long term holding is more profitable more than short -term hold.

[tiCeR]

Usually the bitcoin price was also pumped up before the halving. But it was not a complete bull run. In 2019, for example, the price reached half of the 2017 ATH. Accordingly, history could repeat itself in 2023. If that happens, 35K would probably be the peak this season. That is, if this theory is correct, there is not much left to grow.

The theory can still be repeated in Bitcoin this year if the level of correction is not too severe for Bitcoin this year, but now I am again seeing a price correction in Bitcoin so that now Bitcoin is starting to go back under $ 30K again, although there is another possibility of a return again at $30K also still there. And if the pump does happen again this year from $30K to $35K, it won't be too big a pump for Bitcoin even though it's a bit harder to happen right now.

I think theory does make sense if you ask me but it has gone up too quickly, that is the difficult part. Think about it this way, it reached this high this early, we are already at 30k, so maybe it will go up even more before it drops back to 35k? That seems better, look at 2019 for example, if we are doing something similar, in that year we started 3.5k, reached 14k, and dropped to 7k. So by that logic 35k is possible, but maybe it will reach higher?

Let's say even if not at 70k, at least something like 45k to 50k? Then it could go back down to 35k once again. After that, it should be a huge increase next year, where it goes from 35k to over 200k, and I think that is still quite possible as well. I see it growing much larger next time we have a bull.

What do you mean if you say that we went to 30k too quickly? We have been at 30k in June 2022 for the last time. That is roughly 10 months for Bitcoin to get back to 30k. In my opinion that is a moderate - good increase in price if you consider Bitcoin's history. We have seen relative increases higher than this in a much shorter time frame.

Giving actual new ATHs a guess is impossible. Even if you look at the so called experts, their predictions range from six figures to even eight figures. There are wild numbers circulating right now and many of them come up with theoretical calculations, but hardly any of them has been right in the past so why would they be right in the future.

[STT]

Good recovery today back above 30k and also the weekly average.   To trade downwards but fail to solidify that move downwards, faking out the market in that negative could be a sign we are definitely going to trade upwards with some determination.
   I try to be an eternal student on these things but I'm fairly sure I've seen this kind of move before.    Certainly in 2021 when we made a new high and moved upwards but really failed to confirm it backtracking, it was bearish and I should have been solidly decided on that at the time as again I did recognize it.   Mostly a good move must be confirmed multiple times so I might be jumping the gun, Im only looking at 4hr bars and my target personally is only about 34k anyway.  If BTC doesnt hold 30k, a trade below 29k will stop being positive as we register a lower low for but a build from here is very good indicator imo.

[aksplace]

But we must remain galant because the correction will continue, preparing your money to buy more bitcoins. correction can range to $20k or hit $60k. The correction could cost us a strong blow that would pull the price down near $20k, or rise to hit $60k. However, there are indications that the market is currently performing relatively well. Although some altcoin have yet to recover, bitcoin rise in value has generated optimism and strengthened the overall market. The market will remain to fluctuate and it is highly unlikely. A long-term holder of bitcoin, The DCA pattern is one of the strategies is l, and DCA till the next bull run.Long term holding is more profitable more than short -term hold.

I apply for holding strategy if the following correction goes down $20k then that's our hope to convert reserve funds for Bitcoin asset increase because I have missed the $20k moment before, price at $20k-25k will be main target for next buy but we will exclude altcoin investment for at the moment due to low recovery, the holding strategy pattern will get the maximum profit even if it has to wait for the bull season, so the DCA strategy will help us determine investment at low prices for gradual purchases.

[thecodebear]

I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.

You're waiting for the pump??? Bitcoin has been pumping since like a week into the year? It's up >80% in 3 and a half months. Bull market just started. As for $60k, that'll probably happen Spring or Summer 2024. If you are expecting $60k anytime soon, as you seem to be, you're going to be very disappointed.

[aksplace]

You're waiting for the pump??? Bitcoin has been pumping since like a week into the year? It's up >80% in 3 and a half months. Bull market just started. As for $60k, that'll probably happen Spring or Summer 2024. If you are expecting $60k anytime soon, as you seem to be, you're going to be very disappointed.

We barely noticed that Bitcoin has pumped almost 80% in the last 3 months, the movement pattern is increasing almost every time of the week for a recovery chasing the last ATH price, the crypto price is getting closer in the next few months and the start of the bull season we will see prices above again $40 after more than a year of not seeing that chart, so 2023-2024 will be a golden year to return to the era of the rise of crypto high prices.

[yudi09]

The target for the price of $40K, maybe most analysts think it can still be met with their analysis. But I'm more for $35K although I'm quite happy if at the end of the month I get $40K.

I believe $40k will be hit if the scenario I mentioned above is real.
Of course I expect price increase is still very likely in the next 1 to 2 months, and hopefully that will be true.

But today the price graph of bitcoin has decreased to 3% when writing from the price of $30.4k amidst the optimistic attitude that we are feeling.
I consider this situation as a test for most beginners who have just jumped into the world of Bitcoin Market.

For us this decline is still in the reasonable category given the difference is not so far.
We will see in the next few times how much the level of release will be made and how high the number of purchases will occur.

[Similificator]

I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.

Don't fall in love with any investment in this industry. Always stick to your trading plan and don't get swayed by the shilling and hype you see online. Also, 60k might be a little too far to reach at the moment. We need something big to fuel such high pump if it were to happen in a short amount of time. I also believe that bitcoin will do better but not up to an unrealistic point.

Well, if it doesn't go below 28k I think we are still good for an upward movement. And since some good events are coming, I am expecting a good things for Bitcoin. Still though stay cautious and never go all in. Always reserve some extra funds for better opportunities to buy if dips happen.

[Davian144]

We barely noticed that Bitcoin has pumped almost 80% in the last 3 months, the movement pattern is increasing almost every time of the week for a recovery chasing the last ATH price, the crypto price is getting closer in the next few months and the start of the bull season we will see prices above again $40 after more than a year of not seeing that chart, so 2023-2024 will be a golden year to return to the era of the rise of crypto high prices.

Apart from hoping for a new ATH from a price increase that is still possible for Bitcoin, some people also hope that the correction that occurs in the market is not too big so as not to hinder the increase in price to the next level, although there are some people who are happy with the correction that occurred like today. this is because they may still want to buy Bitcoin under $30K and now is the time for them to do so. And I guess you want to say the price is $40K not $40.

[Baoo]

To be honest, it is unexpected and unrealistic to see BItcoin hits $60k during this year but it is possible to be achieved after the halving ( in April or May 2024). Plus, I doubt if the whales will let BTC rises significantly due to they are able to influence the value of the whole market. As far as I am concerned, we will see a strong bull run until the next summer. So it is not possible to see solid pump in next week.
Probably , it will hit only $32-33k max. In addition to that, this period is certainly appropriate to purchase Bitcoin in case you have extra cash or stable coins. You may regret if you don’t take this opportunity. By the way, Dollar-cost averaging's method would be a good option for a safe investement. In my opinion, It is too risky to wait for a bear run.

[rat03gopoh]

I sense that very soon the pump will start to shame all those folks who feel btc is failed project.

I don't think that the "btc is a failed project" opinion should be refuted at its inflated price. As much as I talk about predictions, I'm even less able to convince people with them because if I fail it will be even more embarrassing. I don't like to speculate with naysayers.

But the function of bitcoin has never failed as a means of payment, for some reason I'm more comfortable talking about the success of doing business with a man abroad as easily as I buy candy at the shop across the street.

[lixer]

I predict bitcoin can hit $40k or more this year. But I will agree with you that there will not be a complete pump or a new ATH this year, what we are seeing is just a small uptrend, not a real bull season coming. We are still quite far from the halving so we cannot expect a big pump to occur.
Many people were too hasty and caught off guard when they saw bitcoin skyrocketing.

$40k is easy because we are already on $30k. Maybe $60k or more is possible this year. This is only our what if's but the price can still exceed with it. To reach $30k is not easy and I don't consider this as small but it's almost half of the price we started this year which was $17k. Halving is not far. You only think it is, but time flies so fast lately. With or without halving, it is still possible for a big pump or a bull run to occur. See what happened on the past? But, it has already been a tradition for the crypto people that whenever there is a new halving there will also be a Good increase that will happen.

They also forget that the bearish cycle lasts 4 years, and we're only halfway there.

4 years? That's too long but I never see it in the history of cryptos. Maybe you only confuse it with the halving which occurs every 4 years.

[bitgolden]

You're waiting for the pump??? Bitcoin has been pumping since like a week into the year? It's up >80% in 3 and a half months. Bull market just started. As for $60k, that'll probably happen Spring or Summer 2024. If you are expecting $60k anytime soon, as you seem to be, you're going to be very disappointed.

We barely noticed that Bitcoin has pumped almost 80% in the last 3 months, the movement pattern is increasing almost every time of the week for a recovery chasing the last ATH price, the crypto price is getting closer in the next few months and the start of the bull season we will see prices above again $40 after more than a year of not seeing that chart, so 2023-2024 will be a golden year to return to the era of the rise of crypto high prices.

I feel like instead of 2023-2024, it could be 2024-2025 period that we see it. I consider this for one reason, in 2024 we are going to have a halving again, this time it will drop to half again and the money made from mining will be a lot less, and the amount of bitcoin pumped to the market will be a less as well.

So, the price will start to increase a lot more considering that we are in a bull period already, and going into that we will be a lot more bull and after that it will be so much more bull as well. This is why 2*23 will be a "good" year but 2024 will be a great year and 2025 will be an unbelievable year. We will break over ATH price without a doubt and we will put on top of that a lot as well until the end.

[Merit.s]

I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.

It will pump 40k and above,since there is a correction in the price and nobody knows how dip this is go. After this bitcoin price will pump to around 40k+. However,bitcoin price is unpredictable but base on facts from history, it is possible to analyse on that. I can't say if bitcoin price will pump to 60k before the halving, but I am expecting the price after the halving. All one need to do is to DCA,while you keep on accumulating more bitcoin for yourself towards 2025,when bitcoin price will hit ATH.

[savetheFORUM]

You're waiting for the pump??? Bitcoin has been pumping since like a week into the year? It's up >80% in 3 and a half months. Bull market just started. As for $60k, that'll probably happen Spring or Summer 2024. If you are expecting $60k anytime soon, as you seem to be, you're going to be very disappointed.

We barely noticed that Bitcoin has pumped almost 80% in the last 3 months, the movement pattern is increasing almost every time of the week for a recovery chasing the last ATH price, the crypto price is getting closer in the next few months and the start of the bull season we will see prices above again $40 after more than a year of not seeing that chart, so 2023-2024 will be a golden year to return to the era of the rise of crypto high prices.

Well, we might need to take 2023 out from that analysis as the price might go up but I doubt it will make Bitcoin reach another all-time high within this year. I understand that we have seen significant growth since the start of 2023, but that doesn't necessarily mean that the trend will continue to keep it going up and it won't go down at all.

The recent price moves and Bitcoin's uncertainty at $30k are evident, it's the new resistance and there is no stronghold when it reaches that price and we have seen it many times already. We are probably getting ready for another correction right now.