bitcoin back at rising again

[bitterguy28]

it is too early to celebrate just yet? i remember a lot of cynics getting really concerned and anxious when bitcoin dipped beyond $80k and reached around $76k and out of panic, sold their bitcoins in hopes of saving what they can but as bitcoin rises again all they did was lose money

time and time again, those who stick by bitcoin gets rewarded now that bitcoin is rising again we might see people getting fomo and start buying again which is quite literally what you should not do if you want to maximize your profit

do you think bitcoin will continue to $90k?

[Charles-Tim]

This is what we are expecting but bitcoin is not going above $89000 and which might cause a little drawdown. All I think is that the drawdown can not be massive before bitcoin will later go above $90000 again.

I think bitcoin will increase above $90000 but I do not know when that will happen. This is not a good time to sell bitcoin but to hold it.

[r_victory]

Even with the recent declines and the latest news that caused uncertainty throughout the market, whether cryptocurrencies or stocks, bitcoin has had an almost constant appreciation, in one year, it has obtained approximately 34%, which is good for those who held their positions.

[robelneo]

do you think bitcoin will continue to $90k?

$88k while I'm posting this. We may wake up with the price at $90k. I'd like to think the pause in the tariff eased up on the price drop; there's a 90-day cease for the tariff, so it's possible that the price could reach the $100k mark.
I was hoping that Trump would do the right thing and stop making a lot of decisions that may interrupt the world economy and the market as well, but even with Trump's bad decision, I don't think the price will drop to $70k.

[Mia Chloe]

it is too early to celebrate just yet? i remember a lot of cynics getting really concerned and anxious when bitcoin dipped beyond $80k and reached around $76k and out of panic, sold their bitcoins in hopes of saving what they can but as bitcoin rises again all they did was lose money.

Actually in my opinion I believe it's actually too early to start rejoicing for a pump. I believe we should be patient enough to allow price break a significant mark before concluding the pump has begun. For quite a while now price has been actually crazy and many speculations have failed.

However my hopes are that the manipulation and dump phases are over hence we are already in the bull run. I'll like to see 100k once again.

[taufik123]

And now that Bitcoin is at $91k++ this is quite a FOMO rally after Bitcoin is still stuck in the $80k price area.

Bitcoin is able to break through the Flip trend and then reach a higher price with an Uptrend target at the price &$97k++, if it continues to hold and is able to reach that price then the ATH can only be reached in the near future.

[JISAN]

it is too early to celebrate just yet? i remember a lot of cynics getting really concerned and anxious when bitcoin dipped beyond $80k and reached around $76k and out of panic, sold their bitcoins in hopes of saving what they can but as bitcoin rises again all they did was lose money

time and time again, those who stick by bitcoin gets rewarded now that bitcoin is rising again we might see people getting fomo and start buying again which is quite literally what you should not do if you want to maximize your profit

do you think bitcoin will continue to $90k?

Today's sudden increase in Bitcoin's price surprised me. Bitcoin's price has not only increased to $90k but also has the potential to increase even more. Currently, Bitcoin's price is around $91.5k. I did not believe that Bitcoin's price would come back and it would go above $100k again before the Bear season happened again. But now it seems that my prediction will work wrong. And Bitcoin's price will cross $100k again. And it is likely that it will happen again very soon.

[JollyGood]

Whatever has occurred during past couple of days to help push the value of Bitcoin higher should not be taken as a sign of recovery or otherwise. It could push on to $90,000 now or go the other direction and lose value for a few weeks before it has another push. In the end, it is crypto and with it volatility is part of the problem.

[yhiaali3]

Fortunately, Bitcoin's price is now above $93,000, and the rally continues. I believe we'll see further gains in the coming days, perhaps even touching $100k again.

Yes, we've become accustomed to this behavior in the market in every cycle. When Bitcoin drops slightly, the faint-hearted start screaming and panic selling, only to regret it a little while later. This scenario has been repeated perhaps hundreds of times, and unfortunately, many people never learn the lesson.

The most important lesson all Bitcoin enthusiasts should learn is to hold for the long term and to maintain DCA at every drop. Anything else is just nonsense.

[LogitechMouse]

do you think bitcoin will continue to $90k?

It already is, and at the time I'm making this post, the price of Bitcoin is around $93,000 already.

The picture above is the weekly chart of Bitcoin, and the blue line up there is the 21 Weekly moving average which acts as a dynamic support/resistance. If we will look at it, Bitcoin tried to touch it 3 times, so it tried to surpass that line, but it failed.

There's a saying in technical analysis where "The more the asset touched a primary support or resistance, the higher the chances of that asset to be pushed towards the upside or the downside." and it happened this time. Now the question right now is "Will Bitcoin's price end this week above that 21 weekly MA?". If that happens, and we see that in the following weeks, it maintains its position then there's a high chance that we will see the market reversing already.

I expected that it will happen on May or June, but it's a bit earlier. For sure, many are happy with what's happening with the market right now.

[TomPluz]

Yeah, Bitcoin is now back at the $93K level and if the momentum may continue we might even see it attempt to clobbered the $100K fence but then again we know how things go here so we can only hope that there is more energy in Bitcoin to push the bear away. When BTC pushed back to the $70K level, I felt crushed but I said to myself to just continue on holding because eventually the tide will turn and Bitcoin will be back to the north again. And I am happy to be validated with the current Bitcoin market movement right now. Let's hope there will be no bad news that can stop this Bitcoin rise.

[bitterguy28]

This is what we are expecting but bitcoin is not going above $89000 and which might cause a little drawdown. All I think is that the drawdown can not be massive before bitcoin will later go above $90000 again.

I think bitcoin will increase above $90000 but I do not know when that will happen. This is not a good time to sell bitcoin but to hold it.

just a day after i posted this thread, we now see bitcoin at $93k i think now this is a good momentum of the market it has not reached beyond $90k in such a long time so now that investors might start hoping again for bitcoin to reach beyond $100k this just shows how unpredictable bitcoin can be because i do not think a lot of people had anticipated for bitcoin to reach $90k literally a day after

[JollyGood]

We are now at $93,000 but it might not end there. The price could go higher and as always if whales dump not only will the value of Bitcoin fall but it will take down the whole of the market too. For now, investors are showing confidence in the market.

[0t3p0t]

do you think bitcoin will continue to $90k?

I think Bitcoin price will hit more than that range in the last quarter this year though just a speculation but who knows? If history will repeat itself then no doubt there will be a significant price increase it just need time to explode.

[Mia Chloe]

And now that Bitcoin is at $91k++ this is quite a FOMO rally after Bitcoin is still stuck in the $80k price area.
Bitcoin is able to break through the Flip trend and then reach a higher price with an Uptrend target at the price &$97k++, if it continues to hold and is able to reach that price then the ATH can only be reached in the near future.

I was actually very surprised about a sudden movement to the upside and at the same time I was also happy because it was high time we broke out of the consolidation and downtrend and resumed back to the upside.

Basically if this current price mark holds up for a while then we should expect the uptrend to continue as long as we don't go back breaking a very valid low or support zone to the downside. Of course it's fine to also expect a few pull backs too.