Has anybody expected this?

[Sexylizzy2813]

As the market is currently at a good level hovering around $35k. We have seen the price of Bitcoin rise sharply towards the end of October, although we know that a rapid rise is not a good sign and it could fall again. But I think as the market is currently pumping and fluctuating in a steady state, the market may not be dumping too much. Currently the market is in a good position and may go higher towards the end of the year and most likely to touch $40k. This could be because the price of Bitcoin is increasing rapidly as we have years ahead of us for the Bitcoin halving. We can certainly hope that since the halving, the price of Bitcoin will continue to rise and become a bull market.

You'd agree with me that the movement of Bitcoin price is very tricky, it may look like the price isn't going up but with what we're seeing, I believe you have to change the thought you had that the price will go down soon, $36k is the current price and this was how it started last month before getting to $34k.
So from all indications I can see the price of Bitcoin not going down anytime soon but getting to $40k and above this month. November movement on Bitcoin price will be growing faster than that of October from the looks of things and by December it would even get to $50-$60k.

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[savetheFORUM]

Honestly, the moves in the last one month or so, basically moving from 25k levels to 35k levels, that "move", was something that was bound to happen eventually. I can't say that I was expecting it to happen exactly when it happened, maybe it could have been earlier or later, I wouldn't really know the timing of it, but I knew that it would eventually happen. Why I knew that the move would happen? Because I think it would be fair to asses that the price will go up eventually before the halving when we are talking about a potential growth coming. That is an important thing and this is what we saw. I am glad it happened when it did, we still have some time until the halving, so it may go up some more.

If we talk about eventual happenings, I think the whole market knew that the market had to move up someday when we saw that we are past the bear market already and there must be a bull market after that since that is what has been happening since the inception of the market. So, it wasn't something that was expected but the sudden happening was surprising for everyone because we, especially I, were expecting this to happen at least after the new year started but it happened way earlier.

I was optimistic that the price of Bitcoin would probably reach around $50k around the halving event, but if it manages to go above $40k before this year ends, I guess we will see that target getting hit way earlier than that and if that happens, the all-time high this time around will be pretty high, I believe.

[Kemarit]

As the market is currently at a good level hovering around $35k. We have seen the price of Bitcoin rise sharply towards the end of October, although we know that a rapid rise is not a good sign and it could fall again. But I think as the market is currently pumping and fluctuating in a steady state, the market may not be dumping too much. Currently the market is in a good position and may go higher towards the end of the year and most likely to touch $40k. This could be because the price of Bitcoin is increasing rapidly as we have years ahead of us for the Bitcoin halving. We can certainly hope that since the halving, the price of Bitcoin will continue to rise and become a bull market.

You'd agree with me that the movement of Bitcoin price is very tricky, it may look like the price isn't going up but with what we're seeing, I believe you have to change the thought you had that the price will go down soon, $36k is the current price and this was how it started last month before getting to $34k.
So from all indications I can see the price of Bitcoin not going down anytime soon but getting to $40k and above this month. November movement on Bitcoin price will be growing faster than that of October from the looks of things and by December it would even get to $50-$60k.

Yes, what another big increased for us, I'm seeing that $37,000 will be broken within the week as the investors right now is pouring their money on the market. Bad side though is that the fees are somewhat very high. And as I have said previously, someone looks like is doing it deliberately, to sabotage the network when we are about to break another important barrier which is $40,000.

So payment is needed from all of us and hopefully the network will be back to normal. But going back to the price, short term or at least at the end of the year, it's better to see and focus on the $40,000-$50,000. We don't know to have a big surge although we can't really stop it from happening if the ecosystem goes to $60,000. But we want a a price that we can maintain before the pre-halving and that could be around $40,000-$50,000.

[Sexylizzy2813]

Yes, what another big increased for us, I'm seeing that $37,000 will be broken within the week as the investors right now is pouring their money on the market. Bad side though is that the fees are somewhat very high. And as I have said previously, someone looks like is doing it deliberately, to sabotage the network when we are about to break another important barrier which is $40,000.

Very funny, the market this month is indeed productive with the current price at $37k and what you saw just came to pass, if this movement continues I think we could be seeing Bitcoin price before the end of this week at $38k or from next week.
This is just the moment investors have been waiting for and I see no reason why anyone won't take advantage of this opportunity, $40k might be by the corner but I don't see it coming too soon, let's say by the end of next week because to me is like it will happen the way it did with the month of October.

[taufik123]

Very funny, the market this month is indeed productive with the current price at $37k and what you saw just came to pass, if this movement continues I think we could be seeing Bitcoin price before the end of this week at $38k or from next week.

It's not funny, but it's amazing.
The Bitcoin market rallied again by breaking through the $36k resistance and was able to hit $37k++.
If Bitcoin manages to survive in that price area, of course, we will see the next highest price in the $38k-39k++ price area which is the top of the Bullish Resis.

But we will still see a price correction after TF 1 D closing, if it is able to stay above the price of $36k then the opportunity to reach the next resistance will strengthen again.

This is just the moment investors have been waiting for and I see no reason why anyone won't take advantage of this opportunity, $40k might be by the corner but I don't see it coming too soon, let's say by the end of next week because to me is like it will happen the way it did with the month of October.

$40k could be the closest target and could be achieved as long as there is no FUD that appears suddenly.
I am optimistic that Bitcoin can break the $40k price if the trend continues to be good like this and some good news continues to appear.

[aoluain]

There is an SEC deadline for today to either approve or reject two SPOT ETF applications by ARK Investments
and 21Shares, this may be the reason for the sudden increase over the last 24/48 hours.

The agency faces a final deadline to respond to ARK Invest and 21Shares's spot bitcoin ETF application
by January 10, 2024, and BlackRock's application by March 15 next year.

https://www.morningstar.com/news/marketwatch/20231016219/bitcoin-etfs-are-not-approved-yet-but-analysts-think-they-could-become-a-reality-in-january

I'm thinking if these get approved there will be a frenzy of buying ahead of the Blackrock deadline for
March of next year.

If they get rejected there will be a bit of a sell off!

[Sexylizzy2813]

It's not funny, but it's amazing.
The Bitcoin market rallied again by breaking through the $36k resistance and was able to hit $37k++.
If Bitcoin manages to survive in that price area, of course, we will see the next highest price in the $38k-39k++ price area which is the top of the Bullish Resis.

It's funny in the sense that the price has been roaming around $35k for some days now, that was the same thing that happened in October, I think it was $27k before it went up to $30k. I have that feeling that we could be seeing $38k anytime soon because in the past few hours the movement has been positively going higher than we expected. With these things happening $38-39k won't take us time to experience before hitting $40k, and I think it will get to $36k anymore.

$40k could be the closest target and could be achieved as long as there is no FUD that appears suddenly.
I am optimistic that Bitcoin can break the $40k price if the trend continues to be good like this and some good news continues to appear.

I agree with you on the price getting to $40k if there's no FUD but we shouldn't be too hopeful of the price to be too quick to hit $40k very soon, it is either it gets to $39k and back to $38k for some days before hitting $40k and above.

[philipma1957]

It's not funny, but it's amazing.
The Bitcoin market rallied again by breaking through the $36k resistance and was able to hit $37k++.
If Bitcoin manages to survive in that price area, of course, we will see the next highest price in the $38k-39k++ price area which is the top of the Bullish Resis.

It's funny in the sense that the price has been roaming around $35k for some days now, that was the same thing that happened in October, I think it was $27k before it went up to $30k. I have that feeling that we could be seeing $38k anytime soon because in the past few hours the movement has been positively going higher than we expected. With these things happening $38-39k won't take us time to experience before hitting $40k, and I think it will get to $36k anymore.

$40k could be the closest target and could be achieved as long as there is no FUD that appears suddenly.
I am optimistic that Bitcoin can break the $40k price if the trend continues to be good like this and some good news continues to appear.

I agree with you on the price getting to $40k if there's no FUD but we shouldn't be too hopeful of the price to be too quick to hit $40k very soon, it is either it gets to $39k and back to $38k for some days before hitting $40k and above.

well we topped 38k about a half hour ago.

so 40k seems doable very soon.

[jaberwock]

As the market is currently at a good level hovering around $35k. We have seen the price of Bitcoin rise sharply towards the end of October, although we know that a rapid rise is not a good sign and it could fall again. But I think as the market is currently pumping and fluctuating in a steady state, the market may not be dumping too much. Currently the market is in a good position and may go higher towards the end of the year and most likely to touch $40k. This could be because the price of Bitcoin is increasing rapidly as we have years ahead of us for the Bitcoin halving. We can certainly hope that since the halving, the price of Bitcoin will continue to rise and become a bull market.

You'd agree with me that the movement of Bitcoin price is very tricky, it may look like the price isn't going up but with what we're seeing, I believe you have to change the thought you had that the price will go down soon, $36k is the current price and this was how it started last month before getting to $34k.
So from all indications I can see the price of Bitcoin not going down anytime soon but getting to $40k and above this month. November movement on Bitcoin price will be growing faster than that of October from the looks of things and by December it would even get to $50-$60k.

I'm not him but I can agree with you with that, because I'm not a new member here anymore and it's been a long time that I realized it. Apart from it, there are also times that BTC movements are highly predictable but I wouldn't be totally confident with it. It's better to be prepared for the unexpected so that things are still going to be manageable.

Lately, people already expects that the price will rise, because we already broke the strongest support/barrier which is $32k, and then there are also other positive factors that are available. But no bro, there is no $36k last month if I'm not mistaken but we only experienced it lately. For me, I think I'm seeing a quick correction again before we continue and hitting those numbers you call there.

[stomachgrowls]

As the market is currently at a good level hovering around $35k. We have seen the price of Bitcoin rise sharply towards the end of October, although we know that a rapid rise is not a good sign and it could fall again. But I think as the market is currently pumping and fluctuating in a steady state, the market may not be dumping too much. Currently the market is in a good position and may go higher towards the end of the year and most likely to touch $40k. This could be because the price of Bitcoin is increasing rapidly as we have years ahead of us for the Bitcoin halving. We can certainly hope that since the halving, the price of Bitcoin will continue to rise and become a bull market.

You'd agree with me that the movement of Bitcoin price is very tricky, it may look like the price isn't going up but with what we're seeing, I believe you have to change the thought you had that the price will go down soon, $36k is the current price and this was how it started last month before getting to $34k.
So from all indications I can see the price of Bitcoin not going down anytime soon but getting to $40k and above this month. November movement on Bitcoin price will be growing faster than that of October from the looks of things and by December it would even get to $50-$60k.

I'm not him but I can agree with you with that, because I'm not a new member here anymore and it's been a long time that I realized it. Apart from it, there are also times that BTC movements are highly predictable but I wouldn't be totally confident with it. It's better to be prepared for the unexpected so that things are still going to be manageable.

Lately, people already expects that the price will rise, because we already broke the strongest support/barrier which is $32k, and then there are also other positive factors that are available. But no bro, there is no $36k last month if I'm not mistaken but we only experienced it lately. For me, I think I'm seeing a quick correction again before we continue and hitting those numbers you call there.

If you've been here on this market for a while then it would really be just that impossible that you wont really be able to find for yourself to be able to be wary on how this market behaves and how it works
and what are the things that it could give out that kind of effect on which we know that its never been something that so easy to guess on where it would be going but there are indeed moments on which you
could really be able to predict out basing up on the sentiments that it do shows specially if there is much news in the market then you do already anticipate on where it would be going.
Somewhat it does really give out that kind of idea but doesnt mean that it would really be precisely be able to give you out that kind of finalization about of your positioning.

This is why it would really be still mattering on how well you would really be considering out on making decisions as this one would really be most crucial part
as a trader or investor on which making out decisions basing up on what you have learned or do able to make yourself that based up on experience.

[MarjorieZimmermanGinger]

Not that I'm a charting expert or a good technical or fundamental analyst let alone a bear, but I'm really surprised at the spike that's happened, and which is probably continuously happening as of this writing. So far, the price has already hit above $34,000. That's already more than 12% in growth in just 24 hours.

Isn't this something we hope for and especially for long-term holders like us, conditions and moments like this are the ones we have been waiting for. This shows a good increase and if we want to look at the amount of bitcoin assets held, we might be surprised if we look at the percentage of the initial value to the current price value.

Has anybody somehow expected this kind of thing? Has anybody had at least a tiny clue that something like this would happen? I know Uptobers have been good months, but every huge increase especially a sudden one must have a big reason. I'm not seeing one that could push such growth so fast. I was really caught by surprise. Will a Bitcoin spot ETF be certainly approved soon that insiders have already relayed to their bosses the good news and the accumulation has secretly grown stronger?

Of course only a fool would not want or expect this kind of increase, isn't this moment that makes us believe in investing in bitcoin one of the best? Almost most people try to link the ETF issue as the trigger for the current price spike and of course there may also be a significant increase in demand in the market. If the clarification regarding this fake news is true like many of the news that have appeared, the price of bitcoin should fall and my guess is that there is something else that is triggering the increase which is caused by much greater request at this time

[cryptomaniac_xxx]

It's not funny, but it's amazing.
The Bitcoin market rallied again by breaking through the $36k resistance and was able to hit $37k++.
If Bitcoin manages to survive in that price area, of course, we will see the next highest price in the $38k-39k++ price area which is the top of the Bullish Resis.

It's funny in the sense that the price has been roaming around $35k for some days now, that was the same thing that happened in October, I think it was $27k before it went up to $30k. I have that feeling that we could be seeing $38k anytime soon because in the past few hours the movement has been positively going higher than we expected. With these things happening $38-39k won't take us time to experience before hitting $40k, and I think it will get to $36k anymore.

$40k could be the closest target and could be achieved as long as there is no FUD that appears suddenly.
I am optimistic that Bitcoin can break the $40k price if the trend continues to be good like this and some good news continues to appear.

I agree with you on the price getting to $40k if there's no FUD but we shouldn't be too hopeful of the price to be too quick to hit $40k very soon, it is either it gets to $39k and back to $38k for some days before hitting $40k and above.

well we topped 38k about a half hour ago.

so 40k seems doable very soon.

Could be, but as of this moment, there are huge selling that is happening, so I don't know, we might have to retest the $35k as the next support line as the price goes down to $36,100. But let's see, Asian market is about to open in the next 2 hours, so who knows, maybe we might see some buying action after their market reopen in the next couple of hours. Usually when the Asian market opens, there is a big spike in the price, at least that's how I see and observed years ago.

And it's good to see that we have reach $38k-$39k although I didn't see it personally. But looking at coinmarketcap, yeah we did breach that price and I think it's going to be a good indication that we are still in the bullish state for this month.

[Sexylizzy2813]

It's not funny, but it's amazing.
The Bitcoin market rallied again by breaking through the $36k resistance and was able to hit $37k++.
If Bitcoin manages to survive in that price area, of course, we will see the next highest price in the $38k-39k++ price area which is the top of the Bullish Resis.

It's funny in the sense that the price has been roaming around $35k for some days now, that was the same thing that happened in October, I think it was $27k before it went up to $30k. I have that feeling that we could be seeing $38k anytime soon because in the past few hours the movement has been positively going higher than we expected. With these things happening $38-39k won't take us time to experience before hitting $40k, and I think it will get to $36k anymore.

$40k could be the closest target and could be achieved as long as there is no FUD that appears suddenly.
I am optimistic that Bitcoin can break the $40k price if the trend continues to be good like this and some good news continues to appear.

I agree with you on the price getting to $40k if there's no FUD but we shouldn't be too hopeful of the price to be too quick to hit $40k very soon, it is either it gets to $39k and back to $38k for some days before hitting $40k and above.

well we topped 38k about a half hour ago.

so 40k seems doable very soon.

To be frank with you, this month movement is really cunning and with the looks of things is seems like it won't surpass $36k, since some hours ago it got to $38k and now it went down to $36k I can't tell the reason why but I still believe before the next 2 days it will have that strong hold to keep going higher to $37-$39k. So $40k might be happening next week.

[justdimin]

what another big increased for us, I'm seeing that $37,000 will be broken within the week as the investors right now is pouring their money on the market. Bad side though is that the fees are somewhat very high. And as I have said previously, someone looks like is doing it deliberately, to sabotage the network when we are about to break another important barrier which is $40,000.

So payment is needed from all of us and hopefully the network will be back to normal. But going back to the price, short term or at least at the end of the year, it's better to see and focus on the $40,000-$50,000. We don't know to have a big surge although we can't really stop it from happening if the ecosystem goes to $60,000. But we want a a price that we can maintain before the pre-halving and that could be around $40,000-$50,000.

Technically speaking 37k has been broken, we have seen it go above that, and that's a great thing, I certainly enjoy it a lot. I believe that we need to end up with something that has to be very important with time, and right now we are getting closer to 40k, that's the most important part of the deal if you ask me. I understand that it is not all that easy to handle all of this, there are a lot of people who are not entirely sure about the situation, but I believe that we need to keep it going.

If we can hold for a while longer, then I am sure that the price will do a lot better, and considering how dangerous point we are in right now, it is clear that we are going to end up with something that has to be very big deal, can't be undone, just give it enough time. If we are so excited about 37k right now, think how much better it will be for the whole market when we finally see the 40k price broken and then 50k and then 60k, it will make the market go crazy.

[tygeade]

what another big increased for us, I'm seeing that $37,000 will be broken within the week as the investors right now is pouring their money on the market. Bad side though is that the fees are somewhat very high. And as I have said previously, someone looks like is doing it deliberately, to sabotage the network when we are about to break another important barrier which is $40,000.

So payment is needed from all of us and hopefully the network will be back to normal. But going back to the price, short term or at least at the end of the year, it's better to see and focus on the $40,000-$50,000. We don't know to have a big surge although we can't really stop it from happening if the ecosystem goes to $60,000. But we want a a price that we can maintain before the pre-halving and that could be around $40,000-$50,000.

Technically speaking 37k has been broken, we have seen it go above that, and that's a great thing, I certainly enjoy it a lot. I believe that we need to end up with something that has to be very important with time, and right now we are getting closer to 40k, that's the most important part of the deal if you ask me. I understand that it is not all that easy to handle all of this, there are a lot of people who are not entirely sure about the situation, but I believe that we need to keep it going.

If we can hold for a while longer, then I am sure that the price will do a lot better, and considering how dangerous point we are in right now, it is clear that we are going to end up with something that has to be very big deal, can't be undone, just give it enough time. If we are so excited about 37k right now, think how much better it will be for the whole market when we finally see the 40k price broken and then 50k and then 60k, it will make the market go crazy.

Even the last week increase shows that we have done well enough, I get that not everyone is looking at that, but that is definitely a great approach and a great situation to be in without a doubt. I get that some people are looking at the last 24 hours a lot more, or even look at more than a week, but if you look at week by week, bitcoin has been great.

It always has 5%+ increases per week and that's an important deal. I think we should be noting down the fact that if we invest, we might be in profit a week later, having that is a big benefit. I am not saying every week would be like that, some weeks are like that and some are not, we need to just arrange that it is going to be quite good in the end one way or another. We should be considering the situation to be a little bit better on the long run, and for that to happen we need to arrange something that would be short term investment while also long term outlook at the same time, that's very important.

[adultcrypto]

Technically speaking 37k has been broken, we have seen it go above that, and that's a great thing, I certainly enjoy it a lot. I believe that we need to end up with something that has to be very important with time, and right now we are getting closer to 40k, that's the most important part of the deal if you ask me. I understand that it is not all that easy to handle all of this, there are a lot of people who are not entirely sure about the situation, but I believe that we need to keep it going.

If we can hold for a while longer, then I am sure that the price will do a lot better, and considering how dangerous point we are in right now, it is clear that we are going to end up with something that has to be very big deal, can't be undone, just give it enough time. If we are so excited about 37k right now, think how much better it will be for the whole market when we finally see the 40k price broken and then 50k and then 60k, it will make the market go crazy.

Yes you are right about price breaking $37k from a technical standpoint.  The recently retracement to $36600 does not also negate this however, some stability is needed above $37k price point to fully establish that we will see $40k soon. I also agree with you that $40k is a significant number that Bitcoin need to reach as this will create huge impact in the media and the Bitcoin community. If price reach this level before the end of this year, clearing the ATL will be an easy thing because holders will be in high optimism.

[Minecache]

Technically speaking 37k has been broken, we have seen it go above that, and that's a great thing, I certainly enjoy it a lot. I believe that we need to end up with something that has to be very important with time, and right now we are getting closer to 40k, that's the most important part of the deal if you ask me. I understand that it is not all that easy to handle all of this, there are a lot of people who are not entirely sure about the situation, but I believe that we need to keep it going.

If we can hold for a while longer, then I am sure that the price will do a lot better, and considering how dangerous point we are in right now, it is clear that we are going to end up with something that has to be very big deal, can't be undone, just give it enough time. If we are so excited about 37k right now, think how much better it will be for the whole market when we finally see the 40k price broken and then 50k and then 60k, it will make the market go crazy.

Yes you are right about price breaking $37k from a technical standpoint.  The recently retracement to $36600 does not also negate this however, some stability is needed above $37k price point to fully establish that we will see $40k soon. I also agree with you that $40k is a significant number that Bitcoin need to reach as this will create huge impact in the media and the Bitcoin community. If price reach this level before the end of this year, clearing the ATL will be an easy thing because holders will be in high optimism.

I think that even if bitcoin corrects from now on and drops below 30k$, there will be no scenario where we drop below 15k$ and make a new bottom. I believe the bottom has been set for this bear season and we will not go back there even if another black swan appears.
The target of 40k$ is the target we expect and we will most likely achieve it, but whether bitcoin will continue to rise to 50k$ or will correction, no one knows. Nothing is certain in this market.

[EluguHcman]

Bitcoin experts and professionals maybe only succeed in analysing bitcoin to an extend but accurate prediction of Bitcoin value is a one whole impossible for everyone.
Just as you said at OP, only an insider would be able to have such predictive aid.
However, I expected the values of Bitcoin to accelerate in a speedy pumps considering the stagnation of its value hovering within $26K around July to September but though I never expected it was going to be at the exact value of now.

[cryptomaniac_xxx]

Bitcoin experts and professionals maybe only succeed in analysing bitcoin to an extend but accurate prediction of Bitcoin value is a one whole impossible for everyone.
Just as you said at OP, only an insider would be able to have such predictive aid.
However, I expected the values of Bitcoin to accelerate in a speedy pumps considering the stagnation of its value hovering within $26K around July to September but though I never expected it was going to be at the exact value of now.

There's no such thing as professionals here, all of them are just the same, just like you and me, making wild and educate guesses. So there's no accurate prediction of bitcoin and as you have said, it's impossible. Although one might claim that he could be right after all, it could be just coincidence as there's no way for someone to predict it with 100% hit. In any case, the prices really did recover already from last month or the previous months sideway patterns. If I'm not mistaken, since April of this year that cycle started and then we saw some mild swing. But this October, as the OP put it, no one expected a huge spike in the price. And then we break the biggest barrier of $30k, and then slice it like a butter, goes on a bullish run up to almost $40k. Now at $37k, anything goes, we can say that the next obvious price we want to break is $40k to even $50k at the end of the year. So let's see if the market can do that.

[Zigabel]

Bitcoin experts and professionals maybe only succeed in analysing bitcoin to an extend but accurate prediction of Bitcoin value is a one whole impossible for everyone.
Just as you said at OP, only an insider would be able to have such predictive aid.
However, I expected the values of Bitcoin to accelerate in a speedy pumps considering the stagnation of its value hovering within $26K around July to September but though I never expected it was going to be at the exact value of now.

Ascertaining the exact value of Bitcoin at a particular time though seems very difficult but I don't think it's impossible sometimes professionals do speculate so well and it turns out the price they speculated or probably something very close to their speculated price but it's not often the exactly the price but usually close, this usually helps to give very close clue to what should be expected at certain times although they are not financial advise as they reverse could possibly happen after the predicted speculated price. Definitely personally I expected Bitcoin to go above $26k because checking back at it's price history it has gone beyond that before and it's fall was due to a bear market and it was normal it later grows above the price it has done before and currently it's somewhere around $35k .