BTC price hitting 30k twice this year.

[Lida93]

Bitcoin price is on it again after a few drop in price at around 25-26k, but hitting the price value of 30k again as it did sometime April this year. What I describe as a gleams of the prospective light at the end of the tunnel of the year 2023.

What are your thoughts on this spontaneous rise again in the price of BTC hitting 30k twice just within the first quarter of 2023. Do you you think it's going to plummet again or do better above 40k? Or is just one of a tempting rise to fall again even below the 25k-26k it did for the past weeks after hitting 30-31k around the month of April?
Please share your thoughts about this.

[Oshosondy]

I was thinking that bitcoin price will hit around $37500 - $40000 this year before it will fall back to $20000. It went up to $31000 the first time, which we were expecting, but fall back to $25300 which was a big support price as it fall to around $25300 several times in days.

This time, again it went up to almost $31000 and not going beyond that price. If bitcoin do not go up beyond this price within a week, it would be the resistant price and bitcoin may not go up further for now.

If bitcoin do not go up further, we should be expecting downtrend and if it mistakenly go below $25000, we should expect $20000 again.

[Nrcewker]

First of all, we should admit that we are happy to see this rise in the price. Yes, Bitcoins have already surprised us many times this year. At the start of the year, it suddenly jumped 10k USD and reached 28k USD. And after that, it got stuck in this price segment for a couple of months. Now it has again crossed 30k USD, generating good emotions in the minds of traders. Maybe this price rise is due to the increase in demand to buy the coins among traders. I am assuming we will touch 40k USD before August if this pace is carried out by the coins. Let’s hope for the best.

[Coin_trader]

Bitcoin price is on it again after a few drop in price at around 25-26k, but hitting the price value of 30k again as it did sometime April this year. What I describe as a gleams of the prospective light at the end of the tunnel of the year 2023.

What are your thoughts on this spontaneous rise again in the price of BTC hitting 30k twice just within the first quarter of 2023. Do you you think it's going to plummet again or do better above 40k? Or is just one of a tempting rise to fall again even below the 25k-26k it did for the past weeks after hitting 30-31k around the month of April?
Please share your thoughts about this.

This pump is legit compared to the previous pump last april because this is the result of positivity on crypto market due to the ETF run started by the Blackrock. SEC is now overwhelmed by ETF application since everyone is confident that Blackrock can get the long awaiting approval from SEC on spot ETF.

This pump is organic and will continue to probably ATH until next year if the trend will not gonna stop until the Bitcoin Halving. Blackrock is monster on their filings so I’m positive that they got this and also US huge company is now teaming up to have their own massive crypto exchange that will bring crypto more closer to US residents since this company will be working closely to SEC.

[Davian144]

What are your thoughts on this spontaneous rise again in the price of BTC hitting 30k twice just within the first quarter of 2023. Do you you think it's going to plummet again or do better above 40k? Or is just one of a tempting rise to fall again even below the 25k-26k it did for the past weeks after hitting 30-31k around the month of April?
Please share your thoughts about this.

The increase in the price of Bitcoin that occurred in the second quarter of this year to reach $ 30K which I saw did not happen spontaneously because the increase occurred slowly but very surely. Well, for this month maybe it will continue to run at $ 30K as it looks right now in the market, but for next month also I don't think that Bitcoin will fall below $25k - $26k again.

Because price resistance at a better level will probably continue as long as no bad news comes to Bitcoin in the next month. An increase like now is indeed very tempting, but I also don't think that it is a preemptive attempt to go down again in more depth.

[cryptomaniac_xxx]

Bitcoin price is on it again after a few drop in price at around 25-26k, but hitting the price value of 30k again as it did sometime April this year. What I describe as a gleams of the prospective light at the end of the tunnel of the year 2023.

What are your thoughts on this spontaneous rise again in the price of BTC hitting 30k twice just within the first quarter of 2023. Do you you think it's going to plummet again or do better above 40k? Or is just one of a tempting rise to fall again even below the 25k-26k it did for the past weeks after hitting 30-31k around the month of April?
Please share your thoughts about this.

End of the year price prediction? yeah, why not go for $40k-$50k? remember that we still have the second half of the year to boot, so we might as well see the price going up.

And there are a lot of speculators here and those who put their technical analysis here in our community and pointing to the fact that we might have seen the bottom already and prior to the expected bull run next year, the price could be around that range. For me, we have seen the lowest low for this bear market, and I don't think that we can go below $20k. We have seen the support along $25k and it is strong and it will hold.

[salad daging]

What are your thoughts on this spontaneous rise again in the price of BTC hitting 30k twice just within the first quarter of 2023. Do you you think it's going to plummet again or do better above 40k? Or is just one of a tempting rise to fall again even below the 25k-26k it did for the past weeks after hitting 30-31k around the month of April?
Please share your thoughts about this.

This is a very positive thing considering the significant increase in bitcoin in 1 day, of course behind it all is where Blackrock proposed bitcoin to this ETF which became more positive after a lot of onslaught from the SEC, finally the market was able to go against the direction I think right now, prices are still optimistic bitcoin is still holding pretty well at $30K, but when you say whether the price will go down or up I think a correction will definitely happen again but the market is still in good momentum so for now it's still very strong in the current range .

About $40K I think it will be easy for sure this year but still it has to pass some other negative news before the positive news comes which can influence bitcoin price to recover.
Now the market is back to green starting from Bitcoin.

[DeathAngel]

$40,000 before the end of the year would really set us up nicely for some real fireworks in 2024 & 2025. Hopefully we don’t get a 2019 style situation where we make a nice high & then retrace to lows. Things are looking good with Blackrock & Fixelity + others filing for bitcoin ETF’s with the SEC but let’s not get too excited. Things can change quickly. It is looking good above $30,000 though.

[gunhell16]

Bitcoin price is on it again after a few drop in price at around 25-26k, but hitting the price value of 30k again as it did sometime April this year. What I describe as a gleams of the prospective light at the end of the tunnel of the year 2023.

What are your thoughts on this spontaneous rise again in the price of BTC hitting 30k twice just within the first quarter of 2023. Do you you think it's going to plummet again or do better above 40k? Or is just one of a tempting rise to fall again even below the 25k-26k it did for the past weeks after hitting 30-31k around the month of April?
Please share your thoughts about this.

I think based on the analysis I see on its resistance now, its resistance will be calm within 2 weeks from now, and its motion will probably be between 30k$-32k$, let's see if, within 2 weeks from now, it will break the value price of 33k$ towards 35k$, or drop again to 29k$.

It depends on the good or bad news we get about cryptocurrency. And from what I've seen, it's because of the series of good news that happened today that the Bitcoin price suddenly pumped up, which also caused the rise of other cryptos that are in the top 50 in the market.

[Minecache]

Please share your thoughts about this.

I still believe bitcoin will hit $40k this year, but maybe not this time, but this time I believe it will go further and maybe $32k - $35k before its correction. But honestly, I expect bitcoin to fall more than I hope it will go up because I still want to buy it at a low price rather than a high price. For me, I am not in a hurry about the price going up because sooner or later the bulls will come, it is inevitable. So I will just want to focus on accumulating as many bitcoins as possible.

[Lucius]

~snip~
Do you you think it's going to plummet again or do better above 40k? Or is just one of a tempting rise to fall again even below the

Take a coin, pick heads or tails and flip it. It all comes down to guessing whether bulls or bears will have better luck in their intentions. For me personally, it's not the time for some big bull run, although it's obvious that something is brewing in the US kitchen, and the question is whether something will really happen or if the market just reacted to the news too optimistically.

Regardless of the enthusiasm with BlackRock, Fidelity or some other big company, I hope that people do not think that they are interested in Bitcoin because they consider it good and necessary, but are only interested in profit. Just as they have the power to pump up the price of BTC, they also have the power to do a lot of damage to the same.

[fzkto]

~snip~
Do you you think it's going to plummet again or do better above 40k? Or is just one of a tempting rise to fall again even below the

Take a coin, pick heads or tails and flip it. It all comes down to guessing whether bulls or bears will have better luck in their intentions. For me personally, it's not the time for some big bull run, although it's obvious that something is brewing in the US kitchen, and the question is whether something will really happen or if the market just reacted to the news too optimistically.

Regardless of the enthusiasm with BlackRock, Fidelity or some other big company, I hope that people do not think that they are interested in Bitcoin because they consider it good and necessary, but are only interested in profit. Just as they have the power to pump up the price of BTC, they also have the power to do a lot of damage to the same.

I don't think the big companies will do any damage for bitcoin. It's not in their interest. Although they can undoubtedly drop the price for a while to get a chance to buy cheap coins. But now that they are here, they undoubtedly have a strong interest in bitcoin to make a profit. So in the future the prices will be much higher than they are now.

[tabas]

Bitcoin price is on it again after a few drop in price at around 25-26k, but hitting the price value of 30k again as it did sometime April this year. What I describe as a gleams of the prospective light at the end of the tunnel of the year 2023.

What are your thoughts on this spontaneous rise again in the price of BTC hitting 30k twice just within the first quarter of 2023. Do you you think it's going to plummet again or do better above 40k?

We will never know if it's all about the price of Bitcoin. It's nice that it's back to $30k but it's still fluctuating on that price and the possibility that it gets back to a lower price is always there.

Or is just one of a tempting rise to fall again even below the 25k-26k it did for the past weeks after hitting 30-31k around the month of April?
Please share your thoughts about this.

If it falls again and draws back that's a perfect opportunity that shouldn't be wasted by many if ever they've missed the drop that it has did. Because when it goes into a bull run, we'll not be sure how high it will go.

[JoyMarsha]

Bitcoin price is on it again after a few drop in price at around 25-26k, but hitting the price value of 30k again as it did sometime April this year. What I describe as a gleams of the prospective light at the end of the tunnel of the year 2023.

What are your thoughts on this spontaneous rise again in the price of BTC hitting 30k twice just within the first quarter of 2023. Do you you think it's going to plummet again or do better above 40k? Or is just one of a tempting rise to fall again even below the 25k-26k it did for the past weeks after hitting 30-31k around the month of April?
Please share your thoughts about this.

We are no longer in the first quarter of the year, we are in its second quarter. Every quarter of the year is 3 months, and we are in June(6th month of the year) which makes it the last month of the second quarter of the year. This should be the second time we are seeing the price of bitcoin go above $30k in the second quarter of the year, the first one happened in April as you have already said.

I don't think that bitcoin's current price surge will cause it to revert to its prior level of $25k to $28k and stay there for several more months as it did it before. I anticipate that the cost of bitcoin will at least reach $32k between this month's end and the start of the next month.

[darkangel11]

What are your thoughts on this spontaneous rise again in the price of BTC hitting 30k twice just within the first quarter of 2023. Do you you think it's going to plummet again or do better above 40k? Or is just one of a tempting rise to fall again even below the 25k-26k it did for the past weeks after hitting 30-31k around the month of April?
Please share your thoughts about this.

This time is different, as people like to say
IMO the price was always at 30k, but there's a difference between real value and spot price. Spot price is determined by trades on the biggest exchanges and 2 of them got sued by the SEC, which was a move to drag the price down and allow institutions to buy from you. They also wanted to introduce their own government backed exchange and force Binance out of the US, which worked.

The price is now returning to its former level that was achieved naturally in q1 of this year. The drop was driven by the US government and if you panicked and sold to them, that's your loss.

I think that we will continue to go up, especially when the blackrock ETF gets approved.

[adaseb]

The $30K is not really that much of a important resistance are. It never was. Same with $50K when most people assumed it would be the top last cycle.

This entire rally is based on the fact that the spot etf might be approved and we got 3 different companies apply for etfs. What this will do is create demand for real spot bitcoins which are already in short supply and should cause Bitcoin to rally quick.

Hopefully they won’t get rejected.

[348Judah]

Bitcoin price is on it again after a few drop in price at around 25-26k, but hitting the price value of 30k again as it did sometime April this year. What I describe as a gleams of the prospective light at the end of the tunnel of the year 2023.

Just expect more and higher attempts sooner thannwe experienced this few days since we are getting more closer to the bitcoin halving coming up next year where there will be a serious volatility and there may be more dips and highs during this time in their peaks, what we can do now is to hodl more as possible to stand in position getting ready for that appointed time for the bullrun to come sooner, we may experience breaking limit to $40,000 before the end of this month base on series of indications gotten from the chart while speculating.

[Andrija Branislav]

The $30K is not really that much of a important resistance are. It never was. Same with $50K when most people assumed it would be the top last cycle.

This entire rally is based on the fact that the spot etf might be approved and we got 3 different companies apply for etfs. What this will do is create demand for real spot bitcoins which are already in short supply and should cause Bitcoin to rally quick.

Hopefully they won’t get rejected.

Historical resistance levels do not always determine future price movements, and previous assumptions about key levels, such as the $50K figure, have been proven wrong in previous cycles. As you said, traders are better off focusing on the $30K resistance level not ignoring factors. other.

Yes. the potential impact of a spot ETF approval. With so many companies offering ETFs, there is an expectation of increased demand for real spot bitcoins, which are already in short supply. This spike in demand can lead to a rapid Bitcoin price rally. although It is expected that the ETF application will be successful and not face resistance, as this will further contribute to positive market sentiment and potential price growth.

[gunhell16]

I was thinking that bitcoin price will hit around $37500 - $40000 this year before it will fall back to $20000. It went up to $31000 the first time, which we were expecting, but fall back to $25300 which was a big support price as it fall to around $25300 several times in days.

This time, again it went up to almost $31000 and not going beyond that price. If bitcoin do not go up beyond this price within a week, it would be the resistant price and bitcoin may not go up further for now.

If bitcoin do not go up further, we should be expecting downtrend and if it mistakenly go below $25000, we should expect $20000 again.

Now, in the current resistance situation of bitcoin in the exchanges, we can notice that its motions are not so aggressive, which means that there may be positions to lift towards 33k$ if the support is broken, and if not, the motion is possible. it is still a downtrend.

So, we can't accurately measure where its direction is due to its volatility, that depends on what updates will be made on the news about Bitcoin or crypto.

[Oshosondy]

Now, in the current resistance situation of bitcoin in the exchanges, we can notice that its motions are not so aggressive, which means that there may be positions to lift towards 33k$ if the support is broken, and if not, the motion is possible. it is still a downtrend.

So, we can't accurately measure where its direction is due to its volatility, that depends on what updates will be made on the news about Bitcoin or crypto.

You mean if the resistance is broken, not the support.

Let us see what will happen. Some analysts believed that bitcoin may first go to $28000 first, but it is like $30000 is becoming the support price now. If it maintain this, likely it might go up. But some people may still sell at around $31000 as many of them see it as the resistance price for now. If the bulls win, bitcoin may increase further above $31000.