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❕NEWS BTC Faces Another Pulldown Toward $30,000

Y

Yusra31

Guest
The price of bitcoin has been falling all weekend, to the point where it has started the new week in the red. The bulls' main objective has been to defend the $33,000 support level and resume the advance toward $36,000.

The flagship cryptocurrency is currently trading little above $34,000 at the time of writing. The 50 SMA (Simple Moving Average) offers instant support. Breaking through the zone will almost certainly open the Pandora box, with sellers aiming for $30,000.
 
this is called volatility. It doesn't help to chicken mode when ever there is a red candle. Basically the currency is stalling for the last period. With some ups and some downs. Please stay calm and invest
 
this is called volatility. It doesn't help to chicken mode when ever there is a red candle. Basically the currency is stalling for the last period. With some ups and some downs. Please stay calm and invest
When I think about the future rise in price of btc and other coins, I really do wish I have the funds to invest more at this time that the market is down.
 
Well nothing major happened yet so we might need to wait until it's near Christmas to see improvement on the market.. hopefully
 
The price is still fluctuating as at this moment. The current price is at 39k plus let hope it continues to increase than decreasing. Let be on the lookout
 
Its going north now. And i believe bitcoin may end up at 45k by the end of this august.. And maybe will race again to 50k and break 60k before end of this year. That is what i see base on elliot wave..
 
Bitcoin has risen above $35k and above $40k , we just need patience and we will be able to benefit when the price returns back to it's former glory
 
Bitcoin has risen above $35k and above $40k , we just need patience and we will be able to benefit when the price returns back to it's former glory
Yeah we are looking at having it at it's former glory if possible surpasses it too. There are prediction of it hitting$500k soon. I hope this become a reality
 
Yeah we are looking at having it at it's former glory if possible surpasses it too. There are prediction of it hitting$500k soon. I hope this become a reality
$500k ? That's over rating . He rise in price of digital assets follows a normal trend and as such one need to hope for something that is achievable
 
$500k ? That's over rating . He rise in price of digital assets follows a normal trend and as such one need to hope for something that is achievable
Lol, saw that on the thread here though I try to argue but was told it's still possible. So I'm dreaming of it too. Hope it happens for all of us
 
I hope it doesn't fall down again to $30k , because I think now I am anticipating another bullish run to come into play , the one that could take the coin to $50k
 
Lol, saw that on the thread here though I try to argue but was told it's still possible. So I'm dreaming of it too. Hope it happens for all of us
We are not arguing that it is not going to be possible but we are only saying that the possibility is something that will take time to be achieved.
 
We are not arguing that it is not going to be possible but we are only saying that the possibility is something that will take time to be achieved.
Okay then if you say so I'm completely in agreement with you. For the future is very bright for Bitcoin so it just needs us to be optimistic
 
Okay then if you say so I'm completely in agreement with you. For the future is very bright for Bitcoin so it just needs us to be optimistic
The price keeps on swinging from low to high, it is the part of the market. After the pulldown to 30k levels, now the price again is going above 40k. It has become range bound as of now.
 
The price keeps on swinging from low to high, it is the part of the market. After the pulldown to 30k levels, now the price again is going above 40k. It has become range bound as of now.
But it has been consistent with this 39k plus for days now and was thinking there' will be a little push to up the price I hope it grow higher before end of the year
 

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