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[microunit]

As Bitcoin continues to rally lately reaching an all-time high at $29,300 , some indicators suggests that it might prove a bit difficult to reach $30,000 as the indicators shows that there are alot of Sell walls near the $30,000 price mark at major crypto exchanges. Many traders are also expecting bitcoin to soar to higher heights if it passes the $30,000 price mark

 

[gammarays]

As Bitcoin continues to rally lately reaching an all-time high at $29,300 , some indicators suggests that it might prove a bit difficult to reach $30,000 as the indicators shows that there are alot of Sell walls near the $30,000 price mark at major crypto exchanges. Many traders are also expecting bitcoin to soar to higher heights if it passes the $30,000 price mark

Hahaha, that analysis is very funny. It's just few dollars left for Bitcoin to cross 30k USD soon. Same thing was said when Bitcoin was below 20k USD. Crypto is dynamic in nature.

 

[aryan4]

Yes, we are now very close to 30 thousand dollars. Although it has not yet exceeded 30 thousand dollars, it may succeed in a short time. Let's wait and see.

 

[Niftyicon]

Bitcoin has been on the $29k+ mark for over 24 hours now and I feel there is still a lot of time for it to reach and even go beyond the $30k mark.

 

[SCAMEXPOSER]

Don't be very surprised that if bitcoin hits $30,000 now it could rise to $31,000 in Avery short time because it seems to have a resistance at $29000.

 

[sagefave]

The resistance at $30,000 is expected as by now bitcoin should be trading in over bought regions on indicators such as the RSI but the upward trend is very strong so I guess we have to wait and see either a trend reversal or bitcoin breaking the $30,000 resistance

 

[SCAMEXPOSER]

The resistance at $30,000 is expected as by now bitcoin should be trading in over bought regions on indicators such as the RSI but the upward trend is very strong so I guess we have to wait and see either a trend reversal or bitcoin breaking the $30,000 resistance

The trend or resistance at $30,000 has been broken already so the next is to analyze the possible next resistance which I guess might be at $34000 or $35000.

 

[achawaskey]

I believed it will reach 3k and we meant be expecting resistance around 30.5k or probably 31k. Some guys have made a lot fortune at this current price.

 

[sagefave]

At some point the price of bitcoin will fall, as soon as the bears come into the market, and the trend starts to lose momentum. But when this will happen is not certain and at what price range no one really knows.

 

[nazgee]

As Bitcoin continues to rally lately reaching an all-time high at $29,300 , some indicators suggests that it might prove a bit difficult to reach $30,000 as the indicators shows that there are alot of Sell walls near the $30,000 price mark at major crypto exchanges. Many traders are also expecting bitcoin to soar to higher heights if it passes the $30,000 price mark

I think that Bitcoin price will increase day by day and there is no chance to decrease price in next days or month. The next price may be 40 K very soon and it will not very difficult to reach this.

 

[AudraMiller]

As Bitcoin continues to rally lately reaching an all-time high at $29,300 , some indicators suggests that it might prove a bit difficult to reach $30,000 as the indicators shows that there are alot of Sell walls near the $30,000 price mark at major crypto exchanges. Many traders are also expecting bitcoin to soar to higher heights if it passes the $30,000 price mark

This is what i would have expected as well ass i expected there to be many sales orders at 30k that would cause bitcoin to drop post reaching that mark, but bitcoin just seems to be rising continuously.

 

[aryan4]

We're talking much higher and different prices now. It is not known where it will take a break, but the rise continues almost without breath and we have come to around 35 thousand dollars.

 

[SCAMEXPOSER]

We're talking much higher and different prices now. It is not known where it will take a break, but the rise continues almost without breath and we have come to around 35 thousand dollars.

$35000 is very much realistic as it stands now because the trend of more buying and holding than selling so more increase in price.

 

[Reznov]

it almost reached 35000 recently, which means that analytics can be wrong lot of times, since they are based on only situtation of few today conditions, and they can't know what's going to happen in the future

 

[Wisdom01]

I think this didn't happen because many were still buying after reaching $30k just like what happened when it gets to $20k , so i think the price would still continue to increase

 

[SCAMEXPOSER]

I think this didn't happen because many were still buying after reaching $30k just like what happened when it gets to $20k , so i think the price would still continue to increase

Yeah , the rate at which people buy has not reduced as such though I intend to find out for the sharp drop from $34 to $29k though currently above $31k

 

[Niftyicon]

Yeah , the rate at which people buy has not reduced as such though I intend to find out for the sharp drop from $34 to $29k though currently above $31k

I think those fluctuations are pretty normal and I wouldn't worry so much about them until they last more than 24 hours or thereabouts.

 

[Wisdom01]

Yeah , the rate at which people buy has not reduced as such though I intend to find out for the sharp drop from $34 to $29k though currently above $31k

I think those sharp drops are showing the presence of whales in the market , because most people are still doubting if it would get to $40k since they dont know the next landmark

 

[SCAMEXPOSER]

The fluctuations is usually a signal that the next line of action is an increase in it, may be there is heavy buy and sell at this stage of $31k to $33k.

 

[LutherKing]

And Now People Will Say Its Not Going To Reach $100k But It Will By The End Of The Year So Put Your Money In It And Enjoy While Seeing Your Assets Grow In Real