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Author Topic: The Bitcoin market is back on track  (Read 1009 times)
Dave1
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June 21, 2023, 11:02:24 AM
 #121

It’ll be good to break $30000 again & then hopefully, never fall below it again. Things are happening behind the scenes, bullish things. I feel like the next multi year run up is about to start. Blackrock & Fidelity hopefully opening up the doors to a big inflow of new money.

Let’s Go!

Yeah, like the idea of the market breaking into the $30k barrier again. And if I'm not mistaken, we've seen $31k++ as the highest so far for this year. So just imagine this early if we can break $30k, and we have like 5-6 months at the end of the year and this bullish fever continues, then who knows, $50k as others predicted at 2023 and then we will wait for the block halving.

So for sure everyone is very happy to see a huge run in the last 24 hours pushing the price to almost $29k now. And this renewal from investors is because not only BlackRock and Fidelity but there are others as well filing for a spot Bitcoin ETF.

R


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June 22, 2023, 02:07:06 AM
 #122

It’ll be good to break $30000 again & then hopefully, never fall below it again. Things are happening behind the scenes, bullish things. I feel like the next multi year run up is about to start. Blackrock & Fidelity hopefully opening up the doors to a big inflow of new money.

Let’s Go!

Yeah, like the idea of the market breaking into the $30k barrier again. And if I'm not mistaken, we've seen $31k++ as the highest so far for this year. So just imagine this early if we can break $30k, and we have like 5-6 months at the end of the year and this bullish fever continues, then who knows, $50k as others predicted at 2023 and then we will wait for the block halving.

So for sure everyone is very happy to see a huge run in the last 24 hours pushing the price to almost $29k now. And this renewal from investors is because not only BlackRock and Fidelity but there are others as well filing for a spot Bitcoin ETF.
The bitcoin market is starting to rise now hopefully if the price of bitcoin increases then all other coins including bitcoin will increase a lot. I have no idea how much the price of the coin will increase. But I can expect it to be 40k$ within the year. Bitcoin's  I sometimes feel very bad when I watch the market. The price of Bitcoin sometimes dumps a lot.

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June 23, 2023, 03:26:55 PM
 #123

Today bitcoin is up more than 4% and maybe tomorrow or the day after tomorrow the price can reach $31k, of course this is a sign that a bull run is imminent, this week it has gone up more than 21% and I'm sure many are panic buying because of the potential price will continue up, right bitcoin is currently on the right track.
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June 23, 2023, 10:53:56 PM
 #124

It’ll be good to break $30000 again & then hopefully, never fall below it again. Things are happening behind the scenes, bullish things. I feel like the next multi year run up is about to start. Blackrock & Fidelity hopefully opening up the doors to a big inflow of new money.

Let’s Go!

Yeah, like the idea of the market breaking into the $30k barrier again. And if I'm not mistaken, we've seen $31k++ as the highest so far for this year. So just imagine this early if we can break $30k, and we have like 5-6 months at the end of the year and this bullish fever continues, then who knows, $50k as others predicted at 2023 and then we will wait for the block halving.

So for sure everyone is very happy to see a huge run in the last 24 hours pushing the price to almost $29k now. And this renewal from investors is because not only BlackRock and Fidelity but there are others as well filing for a spot Bitcoin ETF.
The bitcoin market is starting to rise now hopefully if the price of bitcoin increases then all other coins including bitcoin will increase a lot. I have no idea how much the price of the coin will increase. But I can expect it to be 40k$ within the year. Bitcoin's  I sometimes feel very bad when I watch the market. The price of Bitcoin sometimes dumps a lot.
$40k isnt really that too far off honestly on which it isnt really that shocking if we do reach out that price for this year. There are other people who are really that expecting more than that but it would be better

if we do have that kind of realistic approach than on expecting with those high prices but not really something achievable for this year.No one really knows though because bitcoin halving is really that fast approaching and to those people who had been able to accumulate on 26k or even into those 15k price point are already making such money or profit as of this moment as the price hit up 30k.
Sooner or later we would really be might seeing this into those higher numbers, we've been moving sideways for a while now and it wont really be that new anymore if there's
some sort of recovery that we do have for this upcoming year.

R


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June 23, 2023, 11:24:53 PM
 #125

As the market have bounced from the range around $26k, now people have begun to have discussion that bitcoin could go high above $40k and so on. Maybe this could happen, but considering the ongoing events relative to bitcoin and upon the upcoming halving we can't expect the fast movement at the earliest. To reach the peak price from a higher price point is different from moving from the bottom. In my understanding the price will slowly move within the $30k - $35k range for a longer time period. Even if it drops down to $25k it isn't a big surprise.

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June 25, 2023, 12:02:10 PM
Last edit: June 25, 2023, 12:19:52 PM by MiF
 #126

Well it already back on track, i think the long wait is over i can now see green candles and btc is above 30k$ again,so there is a possibility that a few months from now we will saw bull season again. This is not far from today because the market is slowly moving upward and we can see a different news that effect the price from dip into bullish let see whats next.


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June 27, 2023, 07:12:43 AM
 #127

As the market have bounced from the range around $26k, now people have begun to have discussion that bitcoin could go high above $40k and so on. Maybe this could happen, but considering the ongoing events relative to bitcoin and upon the upcoming halving we can't expect the fast movement at the earliest. To reach the peak price from a higher price point is different from moving from the bottom. In my understanding the price will slowly move within the $30k - $35k range for a longer time period. Even if it drops down to $25k it isn't a big surprise.

Well, Bitcoin bounced around 25k$ almost not in 26k$ as far as I know. This is the resistance so far, I think it will remain like that for a month or so depending on the market condition. So opportunities like this are a good chance to buy Bitcoin if you have extra cash.

So we still can't say if Bitcoin is really back on track, we shouldn't be complacent because we know very well that the market is very unpredictable right now because of its volatility.



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June 27, 2023, 07:00:45 PM
 #128

Well it already back on track, i think the long wait is over i can now see green candles and btc is above 30k$ again,so there is a possibility that a few months from now we will saw bull season again. This is not far from today because the market is slowly moving upward and we can see a different news that effect the price from dip into bullish let see whats next.
The forecast for bitcoin going forward will be sideways and there is no idea about the exact closing price this month, but I think it is most likely around the current price. Let's see how far bitcoin can sustain its current state and if the end of the month holds up then most likely in the next month we will see a price of $35k. Currently the market is more sideways and usually in a lot of predictions and analysis people will tend to see conditions like this will experience another correction and that may just be an analysis that has no certainty.

There is no certainty whether it is currently on a resistance point path to higher prices, but some estimates may not be time and still waiting for the process before reaching the halving, because before the binance case occurred bitcoin was also in the $ 30k price range and the concern might be experience another correction for the future before reaching the next ATH.

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JoyMarsha
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June 29, 2023, 09:20:23 PM
 #129

Today bitcoin is up more than 4% and maybe tomorrow or the day after tomorrow the price can reach $31k, of course this is a sign that a bull run is imminent, this week it has gone up more than 21% and I'm sure many are panic buying because of the potential price will continue up, right bitcoin is currently on the right track.
Keep your guard down. Nobody knows how close is the bull run. It can happen next year after the halving.
Bitcoin is still fluctuating at $30k, it is not yet gotten to $31k as you expected to happen till now. It's like we are ending the Q2 of the year with $30k bitcoin price. In less than 48 hours the Q3 of the year would commence and we don't know whether bitcoin will increase to $35k or fall below before the end of July because the way am seeing the crypto market for this coming month(July) let it be like a bull trap that many crypto investors will trap into

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June 29, 2023, 09:47:45 PM
 #130

Well it already back on track, i think the long wait is over i can now see green candles and btc is above 30k$ again,so there is a possibility that a few months from now we will saw bull season again. This is not far from today because the market is slowly moving upward and we can see a different news that effect the price from dip into bullish let see whats next.
Well I would like to skeptical like everyone else about the bitcoin market today because any bad news can still affect the price of the market like few weeks back when the SEC was fighting one  of the biggest centralized exchange in the world(binance), everyone saw how the market fluctuated and went so down that got people thinking if we are actually heading to another bear season. But today the price is up again due to series of good news around the crypto world and we all hope its stays that way so the much expected bull will be actualize.

R


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Kemarit
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June 30, 2023, 01:05:19 AM
 #131

Well it already back on track, i think the long wait is over i can now see green candles and btc is above 30k$ again,so there is a possibility that a few months from now we will saw bull season again. This is not far from today because the market is slowly moving upward and we can see a different news that effect the price from dip into bullish let see whats next.
Well I would like to skeptical like everyone else about the bitcoin market today because any bad news can still affect the price of the market like few weeks back when the SEC was fighting one  of the biggest centralized exchange in the world(binance), everyone saw how the market fluctuated and went so down that got people thinking if we are actually heading to another bear season. But today the price is up again due to series of good news around the crypto world and we all hope its stays that way so the much expected bull will be actualize.

At least, we have seen the market is back to it's normal price, I mean before the whole sideways pattern, the market is around this price, $30,000. But suddenly it slowly goes on a decline from April. And in the last couple of months, just boring sideways pattern.

But now it's different, Blackrock has brought hype to the market again and everyone now forget about the SEC case against Binance. That's usually how the market works on a bull run. So maybe this is just a start of that phase and it will be official once we bitcoin holding is completed. And after that, the market is gaining and making huge rally.

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TravelMug
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June 30, 2023, 02:36:05 AM
 #132

Well it already back on track, i think the long wait is over i can now see green candles and btc is above 30k$ again,so there is a possibility that a few months from now we will saw bull season again. This is not far from today because the market is slowly moving upward and we can see a different news that effect the price from dip into bullish let see whats next.
Well I would like to skeptical like everyone else about the bitcoin market today because any bad news can still affect the price of the market like few weeks back when the SEC was fighting one  of the biggest centralized exchange in the world(binance), everyone saw how the market fluctuated and went so down that got people thinking if we are actually heading to another bear season. But today the price is up again due to series of good news around the crypto world and we all hope its stays that way so the much expected bull will be actualize.

Sometimes to really need to let go of your qualms as far as the market goes, others says this is a bull run, but for all we know, if you look at the start of January, we've been somewhat in a bullish phase already.

We just need something of a push, and perhaps this is all what we have been waiting for the Blackrock ETF that's why the price suddenly went up to $30k. And it might go up till the end of this year.

R


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Popkon6
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June 30, 2023, 06:47:16 AM
 #133

It is normal for the Bitcoin market to fluctuate. The Bitcoin market will grow little by little as the day goes by as the Bitcoin price was in the 25k range in the current month. But from there we came close to a bit of a bull market which caused the Bitcoin market to touch 31.5k. So when the Bitcoin market is positive we must think it's time to buy Bitcoin.  Because the more bitcoins investors buy, the higher the bitcoin market will be. But soon Bitcoin halving is in 2024 so the Bitcoin market will definitely be on the upswing. Now that the current price of Bitcoin is 30k, buy Bitcoin very quickly.

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July 03, 2023, 06:30:01 AM
 #134

It is normal for the Bitcoin market to fluctuate. The Bitcoin market will grow little by little as the day goes by as the Bitcoin price was in the 25k range in the current month. But from there we came close to a bit of a bull market which caused the Bitcoin market to touch 31.5k. So when the Bitcoin market is positive we must think it's time to buy Bitcoin.  Because the more bitcoins investors buy, the higher the bitcoin market will be. But soon Bitcoin halving is in 2024 so the Bitcoin market will definitely be on the upswing. Now that the current price of Bitcoin is 30k, buy Bitcoin very quickly.

Nice suggestion from you. However, the minds of investors differ too. wait and see is always used even though they know this is BTC Good Investment. Yach. I think if you have big money I think the rush is not good even though the price has the potential to go up in this case BTC. regarding Halving I'm also looking forward to it.

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July 08, 2023, 12:45:29 PM
 #135

It is normal for the Bitcoin market to fluctuate. The Bitcoin market will grow little by little as the day goes by as the Bitcoin price was in the 25k range in the current month. But from there we came close to a bit of a bull market which caused the Bitcoin market to touch 31.5k. So when the Bitcoin market is positive we must think it's time to buy Bitcoin.  Because the more bitcoins investors buy, the higher the bitcoin market will be. But soon Bitcoin halving is in 2024 so the Bitcoin market will definitely be on the upswing. Now that the current price of Bitcoin is 30k, buy Bitcoin very quickly.

Isn't it good though to see the price suddenly having a break out run to $31.5 after having it sideways for trading sideways for many months along $26k. We are halfway this year so anything can happen, I mean we could see the price goes to $50k at the end of the year.

But as you have mentioned, Bitcoin halving is around the corner, first quarter of the year so definitely, we are all waiting for it because it will mean that the end of the bear market and the start of a new cycle for us which is the bull run, 2024-2025.
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July 08, 2023, 12:53:00 PM
 #136

There will still be significant volatility with bitcoin price as it’s still a relatively young asset, certainly in comparison to the likes of gold. Volatility can be your friend though if you know what you’re doing. Regardless though we are in a good position right now, $30,000 seems to be acting like strong support, hopefully not just psychological support. We have successfully retested it a couple of times now though & we are still above it. I think for the next 2.5 years the trend will be mostly up, I’m looking forward to it.

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July 08, 2023, 04:02:43 PM
 #137

Nice suggestion from you. However, the minds of investors differ too. wait and see is always used even though they know this is BTC Good Investment. Yach. I think if you have big money I think the rush is not good even though the price has the potential to go up in this case BTC. regarding Halving I'm also looking forward to it.
Not always buying earlier or sooner should be considered as a hasty thing, because sometimes some people will also feel sorry when they are late to take advantage of the moment of buying at a low price while waiting for another big moment that is likely to come in the not too distant future. This is a halving where everyone just needs to wait and get through this year with enthusiasm and hard work through anything in order to be able to get Bitcoin at a price that is still very affordable in my opinion.

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July 09, 2023, 04:46:52 PM
 #138

Nice suggestion from you. However, the minds of investors differ too. wait and see is always used even though they know this is BTC Good Investment. Yach. I think if you have big money I think the rush is not good even though the price has the potential to go up in this case BTC. regarding Halving I'm also looking forward to it.
Not always buying earlier or sooner should be considered as a hasty thing, because sometimes some people will also feel sorry when they are late to take advantage of the moment of buying at a low price while waiting for another big moment that is likely to come in the not too distant future. This is a halving where everyone just needs to wait and get through this year with enthusiasm and hard work through anything in order to be able to get Bitcoin at a price that is still very affordable in my opinion.

There will always be people who will be late to buy Bitcoin. It doesn't matter if this person is rich or a normal income person. There is one thing that everyone must agree on is that most of us will not be able to buy bitcoin at the bottom price. So set a price and that's the bottom price for you. Anyway, eventually Bitcoin will rise and become more expensive than the price you get.

I don't think it's a question of whether to rush or not. Everyone's income and expectations are different. That's why everyone has a price set for a purchase. Anyone who thinks it's too early or too late for this purchase will always miss the train.

Set a price and buy at that price. Then wait for it to rise.
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August 19, 2023, 03:28:43 PM
 #139

Yes, The Bitcoin market is back on track. Because we all have already heard and seen a lot of information about the prediction of a big bull run in Bitcoin, which could start as early as 2024. Moreover, according to the predictions of many major Bitcoin experts and their research, we understand that the Bitcoin market will start moving again and it will reach all-time highs.

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August 20, 2023, 03:52:54 AM
 #140

Yes, The Bitcoin market is back on track. Because we all have already heard and seen a lot of information about the prediction of a big bull run in Bitcoin, which could start as early as 2024. Moreover, according to the predictions of many major Bitcoin experts and their research, we understand that the Bitcoin market will start moving again and it will reach all-time highs.

What do you mean that we are back on track? Price is just a shade above $26k, and prior to that downward spiral ware somewhat in the $29k'ish so there's a lot of leg room if we wanted to go to that price. So short term, it looks bleak in my opinion or at least at the end of the month.

But if you are looking for long term, or at least as we approach block halving and after that event, then maybe we say that it will be the catalyst for big bull run at the start of 2024. So we just just remain calm right now, no need to panic sells as we should look for the long term here.

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