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Author Topic: 60K resistance might be broken  (Read 4386 times)

Offline Sim_card

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Re: 60K resistance might be broken
« Reply #30 on: May 30, 2024, 05:56:16 PM »
It did get broken once before, but not this time around, it looks like it has been strong today and will keep staying that way for a while. I think the most important part is to keep hopes up, because we could go up as well as down, so thinking about just down doesn't make any profit to you at all. I get that we are going to get some people who are always fearing what may happen, because most of the time it is a very big amount of money that matters to them, maybe their entire savings, so they are always scared. However, the reality is that price will be fine on the long term if we sit tight and wait for it.
Already it has been said that one should invest in a long term goal so that he would not be worried the the fluctuations in bitcoin price, if it dips or pumps. The price of bitcoin for some days now is at the range of 60k-63k, and that is how it has been. So I will say that patience in our bitcoin investment is what matters more as history shows that after the halving the bull run will come in some months after the halving, and this is why we can still accumulate more bitcoin at this price level.
Investing for the long term, if we have free funds is the best choice. At the time of the halving, many hoped that the price of bitcoin would rise and exceed the previous ATH, but it turned out that bitcoin seemed to be struggling. but this time the market is improving again and the price of bitcoin has reached $66K, so it's better if we wait a few months. because I believe bitcoin will rise beyond $100K
Yea, of course a little patient is all we need for the price of bitcoin to reach $100k. A lot of us have being holding since the bear market in 2022 till date so waiting a little time should not be a big problem, because that is when we can sell and make good profit from your bitcoin investment when the price reaches 100k.it is better to wait than rushing.

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Re: 60K resistance might be broken
« Reply #30 on: May 30, 2024, 05:56:16 PM »

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Re: 60K resistance might be broken
« Reply #31 on: May 31, 2024, 10:14:32 PM »
I am not really a guy who look into the prices very often but ever since halving I am keeping an eye on it, the prices on the way of declining ever since halving with deadcat bounce. As of now I am writing the price ranges in between 60-61K.

Speculators share your insights about how the price movements will be from this point.
I think gradually we are going to $60k -$61k. Today we sae fully Red candle most of currency. I think market will pump again but before pumping it will xome $60k again.
My prediction Bitcoin price will go up but at first it will down then last of this year bitcoin will pump hard and it will touch at list $100k within this year. I strongly believe bitcoin price will go near about $150k within 2025.
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Re: 60K resistance might be broken
« Reply #31 on: May 31, 2024, 10:14:32 PM »

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Offline alltalk

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Re: 60K resistance might be broken
« Reply #32 on: May 31, 2024, 11:25:31 PM »
Yea, of course a little patient is all we need for the price of bitcoin to reach $100k. A lot of us have being holding since the bear market in 2022 till date so waiting a little time should not be a big problem, because that is when we can sell and make good profit from your bitcoin investment when the price reaches 100k.it is better to wait than rushing.
Indeed. We must be patient because it won't be easy to achieve $100k. Sure, it shouldn't be so hard to wait for few months if it really can cross $100k. However, there is no guarantee that $100k can be successfully achieved in the current bullrun season. I think we must have some plans, don't only set a single target of $100k to take profits! I personally will begin to take profits when the price can be above $80k. And I maybe plan to sell a half of my Bitcoin if the price of Bitcoin is close to $100k.  ;)

I think gradually we are going to $60k -$61k. Today we sae fully Red candle most of currency. I think market will pump again but before pumping it will xome $60k again.
How do you know this?
Dude, the red candles isn't something very surprising but it doesn't always mean that we may have a huge dump. I don't see huge issue that we may drop to $60k. If the price can stay above $65k in the next 2 days, I think we even may have a chance to see $70k again in the beginning of this month.

My prediction Bitcoin price will go up but at first it will down then last of this year bitcoin will pump hard and it will touch at list $100k within this year. I strongly believe bitcoin price will go near about $150k within 2025.
When you predicted it will be pumped hard?
$100k is not easy to predict, not sure it will be achieved this year or the next year. Some people even feel doubtful to see $100k. It is very cool if Bitcoin can be pumped to $150k. TBH, I don't want to dream to much about that huge price.

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Offline bounceback

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Re: 60K resistance might be broken
« Reply #33 on: June 01, 2024, 10:48:59 AM »
When you predicted it will be pumped hard?
$100k is not easy to predict, not sure it will be achieved this year or the next year. Some people even feel doubtful to see $100k. It is very cool if Bitcoin can be pumped to $150k. TBH, I don't want to dream to much about that huge price.
Still doubtful for predicting bitcoin will hit above $100k after difficulty break out to higher price since success break out new ATH price around $73k last two months ago. Not any impossible in cryptocurrency exactly for bitcoin hit to higher price but looking the resistance of bitcoin keep stuck seems need more longer time or waiting four years recycle for bitcoin bounce to higher price.
I think too huge expected with bitcoin will raise to higher price because get difficult with many bad news every side will make bitcoin not easy up to $100k.

Offline dekafee79

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Re: 60K resistance might be broken
« Reply #34 on: June 02, 2024, 12:05:06 PM »
When you predicted it will be pumped hard?
$100k is not easy to predict, not sure it will be achieved this year or the next year. Some people even feel doubtful to see $100k. It is very cool if Bitcoin can be pumped to $150k. TBH, I don't want to dream to much about that huge price.
Still doubtful for predicting bitcoin will hit above $100k after difficulty break out to higher price since success break out new ATH price around $73k last two months ago. Not any impossible in cryptocurrency exactly for bitcoin hit to higher price but looking the resistance of bitcoin keep stuck seems need more longer time or waiting four years recycle for bitcoin bounce to higher price.
I think too huge expected with bitcoin will raise to higher price because get difficult with many bad news every side will make bitcoin not easy up to $100k.
If I still believe bitcoin will break $100K, there's no need to wait another 4 years for it to go higher.  Let's just see at the end of this year, if bitcoin is above $ 80K, there is no doubt that early next year the price of bitcoin will reach $ 100K.  Even though bitcoin currently seems to be having difficulty breaking through its ATH, I am sure bitcoin can exceed the ATH this month.  Lets see.

Offline summonerrk

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Re: 60K resistance might be broken
« Reply #35 on: July 30, 2024, 04:14:29 PM »
When you predicted it will be pumped hard?
$100k is not easy to predict, not sure it will be achieved this year or the next year. Some people even feel doubtful to see $100k. It is very cool if Bitcoin can be pumped to $150k. TBH, I don't want to dream to much about that huge price.
Still doubtful for predicting bitcoin will hit above $100k after difficulty break out to higher price since success break out new ATH price around $73k last two months ago. Not any impossible in cryptocurrency exactly for bitcoin hit to higher price but looking the resistance of bitcoin keep stuck seems need more longer time or waiting four years recycle for bitcoin bounce to higher price.
I think too huge expected with bitcoin will raise to higher price because get difficult with many bad news every side will make bitcoin not easy up to $100k.
If I still believe bitcoin will break $100K, there's no need to wait another 4 years for it to go higher.  Let's just see at the end of this year, if bitcoin is above $ 80K, there is no doubt that early next year the price of bitcoin will reach $ 100K.  Even though bitcoin currently seems to be having difficulty breaking through its ATH, I am sure bitcoin can exceed the ATH this month.  Lets see.

100k is too attractive a price. And in trading, traders really like attractive numbers. I think a long time ago people dreamed of seeing Bitcoin at $1,000, because this number sounds great. And 100k sounds better than 10k, so sooner or later the price of Bitcoin will definitely reach this value.
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Offline bounceback

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Re: 60K resistance might be broken
« Reply #36 on: July 30, 2024, 05:27:06 PM »
100k is too attractive a price. And in trading, traders really like attractive numbers. I think a long time ago people dreamed of seeing Bitcoin at $1,000, because this number sounds great. And 100k sounds better than 10k, so sooner or later the price of Bitcoin will definitely reach this value.
Its not wrong with dreaming bitcoin will reach $100k but take long term because bitcoin have been five months since reached new ATH never success break out higher price and stuck under $70k. In my opinion, taking around one or two years later with bitcoin opportunity reach the dreaming price by many people up $100k because many bad news every day and FUD easily make holder panic for selling their bitcoin.
Keep hold if you want see bitcoin reach higher price and for investors never get panic to sell bitcoin assets when facing bad news or FUD.

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Re: 60K resistance might be broken
« Reply #36 on: July 30, 2024, 05:27:06 PM »


Offline summonerrk

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Re: 60K resistance might be broken
« Reply #37 on: July 31, 2024, 05:50:39 PM »
100k is too attractive a price. And in trading, traders really like attractive numbers. I think a long time ago people dreamed of seeing Bitcoin at $1,000, because this number sounds great. And 100k sounds better than 10k, so sooner or later the price of Bitcoin will definitely reach this value.
Its not wrong with dreaming bitcoin will reach $100k but take long term because bitcoin have been five months since reached new ATH never success break out higher price and stuck under $70k. In my opinion, taking around one or two years later with bitcoin opportunity reach the dreaming price by many people up $100k because many bad news every day and FUD easily make holder panic for selling their bitcoin.
Keep hold if you want see bitcoin reach higher price and for investors never get panic to sell bitcoin assets when facing bad news or FUD.

There have been a lot of different news stories that should have changed the price very much, but for some reason the Bitcoin price is generally stuck around the same values. We heard about the return of Bitcoins from MT Gox. We heard Trump's speeches that we could only dream of before. But Bitcoin does not react to this in any way, only with minor changes. What should happen for us to fly to 100k?
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Offline Captain Corporate

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Re: 60K resistance might be broken
« Reply #38 on: July 31, 2024, 09:23:35 PM »
Seems like we are doing fine for the time being, I understand that not a lot of people have done all that perfectly fine for the current situation, and because of that we could probably see something changing, but I am not really seeing anything changing for the time being. I think the best thing to do right now would be just considering on that ATH resistance, because whenever we try to go over that, whenever we reach near or a bit over 70k, the price keeps getting dumped. So we need to figure that part out, otherwise the lower levels are easy and can be broken very quickly as we can see here.

Offline bitterguy28

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Re: 60K resistance might be broken
« Reply #39 on: August 01, 2024, 12:40:45 AM »
I think the best thing to do right now would be just considering on that ATH resistance, because whenever we try to go over that, whenever we reach near or a bit over 70k, the price keeps getting dumped. So we need to figure that part out, otherwise the lower levels are easy and can be broken very quickly as we can see here.
i think some positive news will push bitcoin forward to break the ath once again and then we are go from there on

i am not really that worried though because everyone did speculate that a new ath may come later in on the year some said maybe september while some a little later so i am just going to be patient and happily hold my coins for the time being

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Re: 60K resistance might be broken
« Reply #40 on: August 01, 2024, 08:49:19 PM »
I think the best thing to do right now would be just considering on that ATH resistance, because whenever we try to go over that, whenever we reach near or a bit over 70k, the price keeps getting dumped. So we need to figure that part out, otherwise the lower levels are easy and can be broken very quickly as we can see here.
i think some positive news will push bitcoin forward to break the ath once again and then we are go from there on

i am not really that worried though because everyone did speculate that a new ath may come later in on the year some said maybe september while some a little later so i am just going to be patient and happily hold my coins for the time being
I also have the same thought, the highest level of bitcoin will be achieved at the end of this year and now we will see several corrections from bitcoin which will cause the price of altcoins to fall. stay calm and always monitor the market and if you still have USD you should buy potential coins to add to our coin collection.

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Re: 60K resistance might be broken
« Reply #41 on: August 01, 2024, 10:45:10 PM »
I also have the same thought, the highest level of bitcoin will be achieved at the end of this year and now we will see several corrections from bitcoin which will cause the price of altcoins to fall. stay calm and always monitor the market and if you still have USD you should buy potential coins to add to our coin collection.
Many people believe this, they think another ATH of Bitcoin may be achieved at Q4 of this year. It should be after the issue of MT Gox, the MT Gox creditors may dump the market first before a new ATH. It is because they have big number of Bitcoin, they can easily dump the market nowadays. It is not very surprising if we have some corrections or dumps, there are many bad news spreading now. Yes, we don't panic and must calm, this won't last forever. October - December looks like to be the green market again, now we just need to wait for patiently.


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Re: 60K resistance might be broken
« Reply #42 on: August 02, 2024, 12:44:03 AM »
Its always happy when we see the price doing very fine, we are talking about a period where things are looking nice and that makes people a lot more hopeful which is why I think its a great period right now. I believe that we are going to do much more though, and before we do a much more better period we are going to see something changing and having some more ups and downs as well. This is why I think we need to make sure that we are dealing with a bit more patience, if we ever rushing then its going to be causing a lot of trouble and it shouldn't really be a good period at all if that's the case, so take your time.

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Re: 60K resistance might be broken
« Reply #43 on: August 03, 2024, 02:21:26 PM »
Well, today the price approached 60k, and again people began to buy Bitcoin powerfully at this local bottom, which we have reached already 3 times in these six months. Did the breakthrough below 60k last time not affect the end of this summer trend at all? Honestly, this drama with the price in the corridor has become interesting. What's next?
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Re: 60K resistance might be broken
« Reply #44 on: August 03, 2024, 06:37:29 PM »
Well, today the price approached 60k, and again people began to buy Bitcoin powerfully at this local bottom, which we have reached already 3 times in these six months. Did the breakthrough below 60k last time not affect the end of this summer trend at all? Honestly, this drama with the price in the corridor has become interesting. What's next?
Since the price of bitcoin has dropped to $61K currently, it is best to immediately buy bitcoin and other potential coins. I don't know what the next drama will be, I just hope I can make a profit from the coins I already hold. And hope that as soon as possible the price of bitcoin will rise again so that you can make a profit as soon as possible.

 

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