BTC price hitting 30k twice this year.

[AakZaki]

Going down to the $26k price area may still happen if there is further FUD attacking Bitcoin.

I didn't hope for it, but based on the pattern that occurred in previous years, there is a possibility of another correction going forward.

the achievement of the current bitcoin price being able to stay above $30k is good enough. The market looks supportive and many investors are starting to enter. But it does not rule out the possibility that a correction will occur. it is quite normal if there is a correction in the next few days. or when the market drops weekly.
To reach a higher price, it certainly needs some corrections, so that the current position will be even stronger.

I also wouldn't completely discount the possibility of another correction below $28k in the following months, but this incoming investor support is expected to keep the price above $30k longer than we expect. It's always possible for Bitcoin to gain FUD allowing the price to correct again, but I don't expect that to happen verry soon.

We will continue to hope that bitcoin is able to stay above $30k in price, and is still quite strong right now. The possibility of a correction will definitely occur, but if the support is still strong, of course bitcoin will continue to rally. Regarding FUD there will be some who come to interfere with Bitcoin, it is done so they can get cheaper prices. No need to panic, FUD will just come and go. Just focus on your investment and buy again when the price is cheap.

[Wiwo]

The price of bitcoin at 30k shows that this year bitcoin price will hit 40k by the end of this year. The price started to pump from the beginning of this year and go to 30k at April before the price correction to 25k-26K range. I believe that the halving is coming close and bitcoin price will pump up gradually so that after the halving,we can see a significant price of bitcoin. Perhaps,the price might fall down to 28k before it will rise above 30k by next month.

Bitcoin have shown a lot of bull momentum since the beginning of this year 2023 after the price recovered from the market crisis that accompanied 2022 and that is some form of sharp attack on the market bit all through the start of 2023 bitcoin has been on the consistent price recovery and up till thos very moment the bitcoin price momentum has continued and at the moment is 30k+ and if I can speculate the next destination for Bitcoin I will say it going to clinch to the 35k region and then after making a new price chart.

What I can't speculate on this year 2023 is whether or not we likely see a bull market,  my prediction on that is too low because since the next bitcoin halving is about a year from now it means the next bull will possibly be around a few months after the bitcoin haven.

[imamusma]

The price of bitcoin at 30k shows that this year bitcoin price will hit 40k by the end of this year.

There are no guarantees, but there is always a possibility.
As far as I understand, bitcoin will most likely maintain $30k support during June and it will also test stronger resistance between $33k and $35k.

The price started to pump from the beginning of this year and go to 30k at April before the price correction to 25k-26K range.

If you take a closer look at the chart, you may get more accurate data on the April highs and lows.
The highest bitcoin price in April was $31k, while it has corrected to a low of $24.8k in mid-June. But the bitcoin price recovery journey since the beginning of the year has not been as smooth as we imagined, I mean the correction in March was

I believe that the halving is coming close and bitcoin price will pump up gradually so that after the halving,we can see a significant price of bitcoin. Perhaps,the price might fall down to 28k before it will rise above 30k by next month.

Most people are optimistic about it, so prepare your plans well if you want to make a worth it profit afterwards. Corrections are still possible, so keep doing DCA if you want to accumulate.

[nurilham]

The price of bitcoin at 30k shows that this year bitcoin price will hit 40k by the end of this year. The price started to pump from the beginning of this year and go to 30k at April before the price correction to 25k-26K range. I believe that the halving is coming close and bitcoin price will pump up gradually so that after the halving,we can see a significant price of bitcoin. Perhaps,the price might fall down to 28k before it will rise above 30k by next month.

I agree that $40k should be easy to reach at the end of this year if Bitcoin price can always survive above $30k. However, if bitcoin experiences huge dump again, $40k may be a bit difficult to reach. I'm sure how big the price of Bitcoin at the end of this year will be determined by the issues/news about Bitcoin or crypto in the next few months. This factor sometimes has a very significant influence on Bitcoin price growth.

We will continue to hope that bitcoin is able to stay above $30k in price, and is still quite strong right now. The possibility of a correction will definitely occur, but if the support is still strong, of course bitcoin will continue to rally. Regarding FUD there will be some who come to interfere with Bitcoin, it is done so they can get cheaper prices. No need to panic, FUD will just come and go. Just focus on your investment and buy again when the price is cheap.

We can expect Bitcoin price to survive above $30k if there will be no serious FUDs again. But if Binance case with SEC is getting worse, Bitcoin may drop to $28k-$29k and experience a long sideway again. TBH, I really don't want to see the same trend again as the last few months.

[ShowOff]

We can expect Bitcoin price to survive above $30k if there will be no serious FUDs again. But if Binance case with SEC is getting worse, Bitcoin may drop to $28k-$29k and experience a long sideway again. TBH, I really don't want to see the same trend again as the last few months.

Ignore the Binance and SEC cases, maybe there will be more FUD than just that. But to be honest, I didn't expect that FUD would hit the bitcoin market so hard that it would then turn the trend bearish. We don't expect the trend anymore, but it's always hard to avoid it when traders can't go against the direction.

So far $30k is still holding, but maybe not too strong support when the current price gap is only $400. I hope the bitcoin price doesn't drop below $30k by the close of June, although I know that's also possible.

[kotajikikox]

-snip-
so now we are looking for one of the highest pump so far this year? and sign that there is more big uptrend to come before this year ends.

hope to see at least 50k before 2024 comes .

Touching $31k is the highest price for this year and this is certainly the strongest resistance.
See how the price is still stuck in the $30k price area.

but this is just June mate? we have still 6 months to wait for us to tell about the highest price to expect this year of 2023?

Looking at the 1D Time Frame Bitcoin is in the Uptrend Console position, and if it is able to survive in the current position the bullish possibility will continue.
However, the possibility of continuing to $50k is still quite heavy, especially if there is further FUD that makes the market unstable.

never that I expect 50k very soon but at least this is the price I am praying to achieve this year at least.

But hopefully, $40k-$50k will be reached this year, and ATH will appear before the 4th Halving.

if ATH can be attain before halving  then that would be 69k before mid next year mate?

But if it is forced down, of course, there will be some corrections so that the market is not saturated and is currently Overbought.
The nearest correction area is at $28k-$27k support.

maybe I am contented for that support at least not to see 25k again before halving .

[peter0425]

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.

and maybe we will see more of this before the year ends because there are half a  year remaining so if we hit 30k twice in half year so what more if we crosses 3rd quarter and the 4th ?

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.

it is really spontaneous because we climbed 20+% in just 2 days and that is the highest we have from 2nd quarter ,
if this is going to happen quarterly then we will be seeing this for another 2 x more?

[doomloop]

The price of bitcoin at 30k shows that this year bitcoin price will hit 40k by the end of this year. The price started to pump from the beginning of this year and go to 30k at April before the price correction to 25k-26K range. I believe that the halving is coming close and bitcoin price will pump up gradually so that after the halving,we can see a significant price of bitcoin. Perhaps,the price might fall down to 28k before it will rise above 30k by next month.

Bitcoin have shown a lot of bull momentum since the beginning of this year 2023 after the price recovered from the market crisis that accompanied 2022 and that is some form of sharp attack on the market bit all through the start of 2023 bitcoin has been on the consistent price recovery and up till thos very moment the bitcoin price momentum has continued and at the moment is 30k+ and if I can speculate the next destination for Bitcoin I will say it going to clinch to the 35k region and then after making a new price chart.

What I can't speculate on this year 2023 is whether or not we likely see a bull market,  my prediction on that is too low because since the next bitcoin halving is about a year from now it means the next bull will possibly be around a few months after the bitcoin haven.

We all know about the initial price increase when the year 2023 started but we have also witnessed how the price was after it reached $31k in March, till that moment until about a week ago, it has been struggling to stay up and not fall down much, and as soon as the news about SEC suing Binance and Coinbase came out, the market dipped even further causing more panic and FUD in the crypto traders from all around the globe.

Now, after so much time, the price has shown some positive movement but then again it has become stable at around $30k which was the previous resistance, now I don't really see any momentum or signal for the price to go up to $35k from here because it isn't being able to move up at the moment.

[Ngemmeng]

actually bitcoin is already on a bullish track as 2024 is approaching and most people believe 2024 is a bullish year. but the last few weeks have been a little disturbed because there was an issue with the SEC which made bitcoin and altcoin prices drop dramatically, but it seems that the SEC problems have been resolved and caused bitcoin and altcoin prices to increase dramatically. I am sure that if there are no more problems like this then this positive trend will continue and $40k will be reached soon.

[KingsDen]

-snip-
so now we are looking for one of the highest pump so far this year? and sign that there is more big uptrend to come before this year ends.

hope to see at least 50k before 2024 comes .

Touching $31k is the highest price for this year and this is certainly the strongest resistance.
See how the price is still stuck in the $30k price area.

Looking at the 1D Time Frame Bitcoin is in the Uptrend Console position, and if it is able to survive in the current position the bullish possibility will continue.
However, the possibility of continuing to $50k is still quite heavy, especially if there is further FUD that makes the market unstable.

But hopefully, $40k-$50k will be reached this year, and ATH will appear before the 4th Halving.

But if it is forced down, of course, there will be some corrections so that the market is not saturated and is currently Overbought.
The nearest correction area is at $28k-$27k support.

Now the market is rallying around 30k and since bitcoin has touched 30k this year this should be the longested time it lasted at 30k range. If this trend continues for more 7days without falling below 30k, we will understand that the 27k support is trying to shift to 30k and when this happens, a new resistance would be formed around 35k.

For this year,  I know that bitcoin will move upwards again but I doubt that it will exceed 45k this year. Bitcoin has already give more than 180% rise this year, so we are optimistic about halving.

[LittleBitFunny]

So far $30k is still holding, but maybe not too strong support when the current price gap is only $400. I hope the bitcoin price doesn't drop below $30k by the close of June, although I know that's also possible.

If bitcoin falls below $30k, it's not a bad thing. I mean, why don't we take advantage of the short-term correction to profit, or will that also give us more time to accumulate bitcoins? Even if bitcoin goes higher and crosses $35,000, we won't have a bull market this year, so I think it would be better for it to fall back instead of continuing higher. Maybe I'm thinking the opposite of everyone, but that's what I want. For me, the bulls will only appear after the halving, so the current rally will only make it harder for us to accumulate, so I don't expect bitcoin to go higher.

[Baofeng]

This is an indication that many believes we should be on a bull market and if this time Bitcoin able to break the resistance, we might see its price to actually reach the price of $40k. Let’s wait patiently and watch the market closely as this can still be a bull trap because the volume is not that much to support the pump. Though if you look at a weekly time frame, you can still a bullish trend with Bitcoin and its a good sign too.

We did break the resistance of $30k, for a short time, the price reaches $31k, but then again, maybe there are sellers or orders along that price, so it was liquidated very fast, and so it didn't last long. Nevertheless, $30,500 right now, still very high and we should be expected that this price might hold at least at the end of the month. And if that happens, then we are going to be green again. Historically, the month of June is not good in a bear market, but it seems we will change that pattern for this year as we have seen a jump from $26k-$30k++.

The pumping was very fast, but the resistance was broken after the second attempt. We have one more day to hold above 30k. If the weekly candle closes above this level, it will mean that the resistance will become support. Hopefully nothing bad will happen tomorrow.

Yes, it was just two days or 48 hours to see the price going from $26k->$31k, which means there is FOMO.

Nothing bad has happened though, even if we have settled down a bit, the market remains relative calm at $30k so it's a good sign for us. Although it might signal that we could go on another long and prolong sideways pattern like what we have seen in 3 months before another break out round, or investors are just waiting for some good news again to push passed this resistance price and then go $35k, which is the next barrier to break.

[justdimin]

We all know about the initial price increase when the year 2023 started but we have also witnessed how the price was after it reached $31k in March, till that moment until about a week ago, it has been struggling to stay up and not fall down much, and as soon as the news about SEC suing Binance and Coinbase came out, the market dipped even further causing more panic and FUD in the crypto traders from all around the globe.

Now, after so much time, the price has shown some positive movement but then again it has become stable at around $30k which was the previous resistance, now I don't really see any momentum or signal for the price to go up to $35k from here because it isn't being able to move up at the moment.

The fact that it has shown some positive movements is the reason why more people are going into it again, it just shows everyone that we are at a stage where it is doing fine again, which means that it is going to be a great thing. Obviously this depends on how good it could continue and if it can continue to do well then we are going to be fine.

A lot of people will ignore such a thing and they will end up with buying no matter what because they saw it go up and they do not want to miss it, but I understand the logic behind it since it hasn't been this high for a while and wanting to buy at this level is reasonable. Plus we are not here for the first time, that is why it may have less people selling during this period as well.

[savetheFORUM]

A good thing because prices can return to $ 30k after more than 2 months continue to drop, even many are predicted if the price returns below $ 20k and is almost true because the price has touched $ 24k, this proves that the Bitcoin community is still solid and can Make a surprise until the end of the year.

If they are a solid Bitcoiner, they won't ever think that BTC will dump under $20k as it shows they underestimate the coin. Now that BTC only shows a reverse movement, I bet those speculators change their views instantly and by now they are now hoping for Bitcoin to cross $31k. But that's a better mindset now. I also believe that BTC will reach $31k in no time and break that strong barrier to allow the coin for more gains.

2 months of being under $30k seems a bit long but the wait is worth it. 2 months of waiting time for a comeback is still nothing compared to what we have last year. We waited for almost a year to go out of the bear market. This is the one of the good things about crypto as it teaches us to be patient.

[STT]

Good action so far since passing the lowest Fib line from ATH to the low last year.   We have stayed high enough long enough to turn the 50 day average back to positive direction which bodes well further out then just these short term looks during a week.
  29724 is the level I have to maintain above for the most optimistic action to continue but so far for almost a week now the market has closed each daily bar above 30k.   We have gone sideways mostly but still I count this quite positively, due to being sideways the weekly average is now at the lows of today.   For me a rolling weekly average shows positive or negative market short term so we'll see how this momentum challenges into and over the weekend but just staying here is ok for now.

[Asiska02]

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.

After the spontaneous increase in the price of bitcoin some days back, I was expecting a price increase till the $35K-$40K level but it just stopped abruptly and might have reached its resistant level, if that’s the case, we won’t see any further significant rise in the price in the soonest. If the price can maintain this price level till the end of the month to mid next month, we might see it reaching the $40K price level when there’s any uptrend in the price coming after that period.

[Falconer]

After the spontaneous increase in the price of bitcoin some days back, I was expecting a price increase till the $35K-$40K level but it just stopped abruptly and might have reached its resistant level, if that’s the case, we won’t see any further significant rise in the price in the soonest. If the price can maintain this price level till the end of the month to mid next month, we might see it reaching the $40K price level when there’s any uptrend in the price coming after that period.

However I agree $40k is still very much achievable, but not in June but in July or so. Given that the market is currently trending sideways between $29k - $31k, then maybe $40k won't be hit too soon. There should be some corrections gracing the road, but don't think of them as thorns but rather as good support for hoping for a run higher.

We all hoped for a bullrun, but at least don't ignore the correction which you can also use for accumulation. At the moment $29k is support which has been tested a few times since the price broke $31k, but if it is strong through mid-July then about $40k could be reached.

[RewFrew]

Now for third time bitcoin price touch $30k in this year. If bitcoin price will stable in $30k then it will boom i think. Bitcoin price increasing gradually. If bitcoin pri e were stable more 4-5 days then it’s price will touch $40k within short time. Then Bitcoin price will touch $50k, after that bitcoin price will touch $69k+ and will hit new ATH. And it is possible considering bitcoin movement. Anyone who understand cryptocurrency matket he will understand about bitcoin price.

[Onyeeze]

$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.

The price of bitcoin is moving up gradually and what I noticed is that one of the things hindering bitcoin not to increase is because bitcoin some of negative information circulating because bitcoin has be doing well and I know that everyone is expecting bitcoin to increase above this particular price now, but the information of sec is one of the things I notice that is the barrier of bitcoin not to increase above 30k,  but the increase of bitcoin this year shows that bitcoin may or may not experience a large market increase next year 2024, because I read some thread of previous year were people where discussing that bitcoin will increase next two years is 2024 and 2025 which they will be experience of bull market

[bestcoins1]

Now for third time bitcoin price touch $30k in this year. If bitcoin price will stable in $30k then it will boom i think. Bitcoin price increasing gradually. If bitcoin pri e were stable more 4-5 days then it’s price will touch $40k within short time. Then Bitcoin price will touch $50k, after that bitcoin price will touch $69k+ and will hit new ATH. And it is possible considering bitcoin movement. Anyone who understand cryptocurrency matket he will understand about bitcoin price.

And it seems that you also understand enough to say about Bitcoin price movements that you only remember going up by forgetting about sudden corrections. Today is a very wise example in Bitcoin, where you can see first hand how the price went from $31K to under $30K.

This means that increases and corrections will always be more visible in the market and I don't think that increases can continue without corrections being present. Because if you say about price stability at $30K, actually the price of $30K this month has been running for more than a week ago, but that doesn't mean that the Bitcoin price can go to $40K very easily mate.