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Author Topic: BTC price hitting 30k twice this year.  (Read 648 times)
ginsan
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June 30, 2023, 09:40:36 PM
 #81

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.
I think so too, where we are already in a sideways phase after we saw bitcoin price back past the $30k mark this week and it seems clear that at this point the sellers are quite large and that is the biggest point to watch. We are at the end of the month folks, and we saw bitcoin close this June at $30k, there is a bigger expectation for us in July to see price move to $35k.

In one positive way, we saw bitcoin a few months earlier slowly starting to rise in price after the big crash at the end of last season. We just have to be patient to see big price spikes in July or at the end of this year. But I think the $40k target in July looks like it will be easy to achieve.

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June 30, 2023, 10:03:31 PM
 #82

I think so too, where we are already in a sideways phase after we saw bitcoin price back past the $30k mark this week and it seems clear that at this point the sellers are quite large and that is the biggest point to watch. We are at the end of the month folks, and we saw bitcoin close this June at $30k, there is a bigger expectation for us in July to see price move to $35k.
Expecting $35K in the next month is quite feasible as long as Bitcoin stays at $30K at the end of this month and also at the beginning of next month. Because closing this month at $30K in Bitcoin is something really extraordinary because Bitcoin has also seen struggling to get to the $30K level. So the current price is a pretty positive price and it's more feasible to expect $35K in the next month as a gradual price improvement in Bitcoin.
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June 30, 2023, 10:16:14 PM
 #83

looking at the charts and looking at the current price of 30,400$ I see that soon the price will start to rise a lot and will reach 39,000$, I say that because currently the price is managing to consolidate above 30,000$, which means that the 29000$ is already working again as a very strong support, so with the good news of next year, I am talking about the bitcoin halving that according to PlanB will take place in April of next year so it is almost certain that the price of bitcoin is no longer it will go down a lot, on the contrary it will go up a lot from now on

the price reached 31000$, it did not manage to break this great resistance that is at 31000$, but it also did not drop much which means that people are very confident that every drop is a good buying opportunity, as soon as the price drops even if it's little people will buy and when the price breaks 31000$, it will soon break 32000$ and then it won't take long to break 34000$ and 37000$, the only big obstacle will be 39000$ - 41000$, after that it it will go up to 50000$, I believe that by the end of the year the price will be higher than the current price, I don't see the price dropping much anymore

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June 30, 2023, 10:38:07 PM
 #84

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 saw a flash news today that Bitcoin price hit $31,000 today and it is true then the price has hit $31,000 twice in this year. And that is a very good Significant of Bitcoin in the nearest future to come. The way things are going the price might reach $40k and above in this year. Bitcoin has tried in this year.









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July 01, 2023, 03:03:55 AM
 #85

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 saw a flash news today that Bitcoin price hit $31,000 today and it is true then the price has hit $31,000 twice in this year. And that is a very good Significant of Bitcoin in the nearest future to come. The way things are going the price might reach $40k and above in this year. Bitcoin has tried in this year.

Yes, it did hit $31k again, around $31,080k'ish if I'm not mistaken as I'm watching the price. But it suddenly went down again and now stable at $30,400-$30,500. The resistance of $31k still is very big wall for us though, last night (at least in my timezone), as I'm watching the price, I was hoping that we can stay and maintain $31k at least for a 12 hours and see if investors will continue to be bullish and push it harder. But no, that is the selling point of many speculators, so it might be very difficult road to $40k.

R


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July 09, 2023, 06:40:28 PM
 #86

In my opinion, the Bitcoin price increase which reached $30k twice in the first quarter of 2023 indicates significant market volatility. While there is no guarantee that the price will rise above $40k or continue to rise, I do feel that the current rise is an indication that Bitcoin has the potential to reach even higher price levels later this year.

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July 12, 2023, 09:33:04 AM
 #87

In my opinion, the Bitcoin price increase which reached $30k twice in the first quarter of 2023 indicates significant market volatility. While there is no guarantee that the price will rise above $40k or continue to rise, I do feel that the current rise is an indication that Bitcoin has the potential to reach even higher price levels later this year.

And with that, we are someone seeing another bullish run, price is $30,700 as I type it.

I'm expecting that we might have to make a run to at least $31k and see how it goes. This could be the 3rd time though that we are going to break this $31k mental barrier, and I think this time, it will remain and hold that position.

Hopefully I'm right, at least at the end of the week or early next week, we will be at the $31k'ish range.

R


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July 12, 2023, 10:07:52 AM
 #88

In my opinion, the Bitcoin price increase which reached $30k twice in the first quarter of 2023 indicates significant market volatility. While there is no guarantee that the price will rise above $40k or continue to rise, I do feel that the current rise is an indication that Bitcoin has the potential to reach even higher price levels later this year.
If you look at the prices at the beginning of the year, we have actually increased twice now and are at a price of 30k, which is good enough in my opinion, and with the slow movements that are happening now, it is possible for us to reach a price of 40k or higher at the end of the year.
My speculation is inseparable from the many positive price movements that have occurred throughout this year, so in my opinion it is very possible that this will continue until the end of the year, even with small corrections that occur.
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July 12, 2023, 05:50:31 PM
 #89

In my opinion, the Bitcoin price increase which reached $30k twice in the first quarter of 2023 indicates significant market volatility. While there is no guarantee that the price will rise above $40k or continue to rise, I do feel that the current rise is an indication that Bitcoin has the potential to reach even higher price levels later this year.
And what about now? It is at $30k and it has been there for quite some time now, it has even touched $31.5k once or twice recently, but it couldn't hold it or break through it but came back down soon after that. Now the price isn't going up nor coming down, those who have been waiting to buy their favorite assets are on hold more right now because they don't know whether the price will go up or come down from this point, so they are just waiting.

We know and expect that the price will go higher than this point sometime this year, but the chances are also that it might not happen in case the price drops below $30k and goes around $25k, it will probably take a longer period to get back to this point again and then go beyond it.

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July 12, 2023, 06:12:51 PM
Last edit: July 12, 2023, 07:05:02 PM by eightdots
 #90

In my opinion, the Bitcoin price increase which reached $30k twice in the first quarter of 2023 indicates significant market volatility. While there is no guarantee that the price will rise above $40k or continue to rise, I do feel that the current rise is an indication that Bitcoin has the potential to reach even higher price levels later this year.
And what about now? It is at $30k and it has been there for quite some time now, it has even touched $31.5k once or twice recently, but it couldn't hold it or break through it but came back down soon after that. Now the price isn't going up nor coming down, those who have been waiting to buy their favorite assets are on hold more right now because they don't know whether the price will go up or come down from this point, so they are just waiting.

We know and expect that the price will go higher than this point sometime this year, but the chances are also that it might not happen in case the price drops below $30k and goes around $25k, it will probably take a longer period to get back to this point again and then go beyond it.

Many are wondering when Bitcoin's sideways movement at this level will end. I think it will rise towards the end of the year, but I don't know if it will rise from this level or if it will fall first and then rise. That's why I'm waiting.

I want to see positive things in the market. When Bitcoin stays at the same price for this long, a small drop follows. Let's see what happens this time. Maybe it will go up, I don't know. I want to not be late to buy bitcoins instead of guessing lately.

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July 12, 2023, 07:10:30 PM
 #91

Many are wondering when Bitcoin's sideways movement at this level will end. I think it will rise towards the end of the year, but I don't know if it will rise from this level or if it will fall first and then rise. That's why I'm waiting.

I want to see positive things in the market. When Bitcoin stays at the same price for this long, a small drop follows. Let's see what happens this time. Maybe it will go up, I don't know. I want to not be late to buy bitcoins instead of guessing lately.
The sideaway moves may end in this month, I am optimistic Q4 will be the start of a price recovery higher than $40k as the recovery impact of the previous news regarding the SEC and Binance.us has been completed, I have reviewed the market after the price recovery the impact of the bad news will be going sideaway indicates doubts for investors to consider buying or waiting for the market to fall, but it is better not to rush into making decisions and it is recommended to do planning for a DCA strategy every investment, maybe 20-30% of the funds will be worth buying bitcoins in the price range of 27-30k and remaining funds then you can arrange to buy at a lower price.

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July 12, 2023, 07:46:47 PM
 #92

In my opinion, the Bitcoin price increase which reached $30k twice in the first quarter of 2023 indicates significant market volatility. While there is no guarantee that the price will rise above $40k or continue to rise, I do feel that the current rise is an indication that Bitcoin has the potential to reach even higher price levels later this year.
Bitcoin is at $30k and has made several attempts to go above $31k, but has been rejected from the $31k level each time. It seems to me that Bitcoin is gearing up for its next big move, and it could be in either direction. Bitcoin is testing the patience of traders to the utmost, and when it moves from this level it will be very volatile. So now actually we should take any decision with patience after considering the market situation.

Because if Bitcoin successfully breaks the $31k level, it will make it possible for Bitcoin to go to $40k or more this year. So when the market is positioned at this crucial point, traders will have to think a little more when making decisions as no one will want to miss this big move.

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July 12, 2023, 07:54:40 PM
 #93

And what about now? It is at $30k and it has been there for quite some time now, it has even touched $31.5k once or twice recently, but it couldn't hold it or break through it but came back down soon after that. Now the price isn't going up nor coming down, those who have been waiting to buy their favorite assets are on hold more right now because they don't know whether the price will go up or come down from this point, so they are just waiting.

When the price reached same value twice in same year,it mean the price going to go above that value or going to drop.With the market analysis the price of bitcoin going to reach new ATH in the 2024.So I personally think,the price going to move upwards in the upcoming days.So we can expect some bull run in the upcoming months.The movement for now is unpredictable and can be move in the bull run,Since we had faced huge bear market in the first half of this year.
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July 13, 2023, 05:28:10 AM
 #94

In my opinion, the Bitcoin price increase which reached $30k twice in the first quarter of 2023 indicates significant market volatility. While there is no guarantee that the price will rise above $40k or continue to rise, I do feel that the current rise is an indication that Bitcoin has the potential to reach even higher price levels later this year.
If you look at the prices at the beginning of the year, we have actually increased twice now and are at a price of 30k, which is good enough in my opinion, and with the slow movements that are happening now, it is possible for us to reach a price of 40k or higher at the end of the year.
My speculation is inseparable from the many positive price movements that have occurred throughout this year, so in my opinion it is very possible that this will continue until the end of the year, even with small corrections that occur.
I do believe that this increase definitely shows something greater in the future and that should be a big deal for all of us, I am not saying that it should be easy or anything like that, of course it's not that easy but at the same time when it is going up like this it just shows that we are doing a good job.

I can see the price increasing a lot further in the future and should not be really a big deal. I hope that we can go beyond all of this and should be considered as a future FOMO for everyone. If you saw it go from 15k to 30k then you should be FOMOing right now, if you are not then you will regret it later when the price goes even higher and you miss your chance. I am getting as much as possible too, it's just the smart thing to do.

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July 13, 2023, 10:13:12 AM
 #95

And what about now? It is at $30k and it has been there for quite some time now, it has even touched $31.5k once or twice recently, but it couldn't hold it or break through it but came back down soon after that. Now the price isn't going up nor coming down, those who have been waiting to buy their favorite assets are on hold more right now because they don't know whether the price will go up or come down from this point, so they are just waiting.

When the price reached same value twice in same year,it mean the price going to go above that value or going to drop.With the market analysis the price of bitcoin going to reach new ATH in the 2024.So I personally think,the price going to move upwards in the upcoming days.So we can expect some bull run in the upcoming months.The movement for now is unpredictable and can be move in the bull run,Since we had faced huge bear market in the first half of this year.
This year is still quite long it could be that in one year the same price ($31K) could touch it several times because the movement of bitcoin up and down of course it is still very possible even though it is still difficult to predict.
I will not say the next ATH in 2024 while the previous history still takes time from the halving to occur, but it will always be different from each cycle but we never know what happens next the forecast will only bullrun at its time.
Maybe it can be said that the bear market has passed and now only sideways long enough after that a slow recovery until it can bullrun again.

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July 13, 2023, 07:08:57 PM
 #96

Expecting $35K in the next month is quite feasible as long as Bitcoin stays at $30K at the end of this month and also at the beginning of next month. Because closing this month at $30K in Bitcoin is something really extraordinary because Bitcoin has also seen struggling to get to the $30K level. So the current price is a pretty positive price and it's more feasible to expect $35K in the next month as a gradual price improvement in Bitcoin.

Bitcoin has touched the price of 30k$ in this months and I think that it will soon go more up and will rise to the price 35k$ and 40k$ this year. Price will also increase because more and more people are buying bitcoin as they have realized that how beneficial it is.

Bitcoin price remain higher for few days and if it continuously show rise in cost then surely there will be Bull run and everyone will get benefit from this bull season. There is a high chance that during this year bitcoin will touch 40k$ but people will not make a concepts of selling their bitcoin at 40k$ as they are in wait to get the benefit of halving next year.









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July 14, 2023, 03:31:28 AM
 #97

After a long wait for almost a year now the price can reach $ 31500, hopefully this will be a positive sign that the bull run will happen soon, I am optimistic that as long as there are no big cases like LUNA or FTX, investors will continue to buy because they already understand that when a halving day occurs, the price can up to 200% of the previous price.


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July 14, 2023, 03:52:32 AM
 #98

After a long wait for almost a year now the price can reach $ 31500, hopefully this will be a positive sign that the bull run will happen soon, I am optimistic that as long as there are no big cases like LUNA or FTX, investors will continue to buy because they already understand that when a halving day occurs, the price can up to 200% of the previous price.

Let's hope so. We are at 6-month highs, and seeing that the worst of the bear market is over and there is less and less time left for halving, what we would expect would be a sustained rise in price, although with ups and downs, until about $50K I would say, where I think there will be resistance. I think it is difficult for the price to go much higher than that mark before halving.

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July 14, 2023, 07:30:19 AM
 #99

After a long wait for almost a year now the price can reach $ 31500, hopefully this will be a positive sign that the bull run will happen soon, I am optimistic that as long as there are no big cases like LUNA or FTX, investors will continue to buy because they already understand that when a halving day occurs, the price can up to 200% of the previous price.

Let's hope so. We are at 6-month highs, and seeing that the worst of the bear market is over and there is less and less time left for halving, what we would expect would be a sustained rise in price, although with ups and downs, until about $50K I would say, where I think there will be resistance. I think it is difficult for the price to go much higher than that mark before halving.
Yeah, isn't it great to see that despite that we are still in the bear market, the market has improved a lot already. Since the start of the year, we are slowly getting into the groove and now have doubled the bottom price already at $31k and it seems that the market is not going to stop.

So hopefully we can sustain this run and in the next 6 months, we might see the price hitting $50k. And then what makes everyone excited, we will approved halving year already so we will be expecting a massive bull run in 2024-2025.

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July 14, 2023, 08:18:14 AM
 #100

After a long wait for almost a year now the price can reach $ 31500, hopefully this will be a positive sign that the bull run will happen soon, I am optimistic that as long as there are no big cases like LUNA or FTX, investors will continue to buy because they already understand that when a halving day occurs, the price can up to 200% of the previous price.

Let's hope so. We are at 6-month highs, and seeing that the worst of the bear market is over and there is less and less time left for halving, what we would expect would be a sustained rise in price, although with ups and downs, until about $50K I would say, where I think there will be resistance. I think it is difficult for the price to go much higher than that mark before halving.
Yeah, isn't it great to see that despite that we are still in the bear market, the market has improved a lot already. Since the start of the year, we are slowly getting into the groove and now have doubled the bottom price already at $31k and it seems that the market is not going to stop.

So hopefully we can sustain this run and in the next 6 months, we might see the price hitting $50k. And then what makes everyone excited, we will approved halving year already so we will be expecting a massive bull run in 2024-2025.
I think this year belongs to altcoins if the remaining altcoins pass the howey test and won't be seen as securities. I don't think Bitcoin reaches 50K because if we keep in mind its ATH, then it's pretty close to that numbers and simply there is not a need of high price and there won't be as high hype as there was during the previous halving but 40K in the next 6 months is very realistic, it may even go up to 47K and then fall down to 40K, that's my prediction. And I hope America won't come up with new rules and regulations anytime soon in near future.

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