Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Power420 on March 08, 2024, 11:58:16 PM
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The all-time high was touched in March 2024.Bitcoin touched up to $69,941, and is now more likely to rise. If a new record is created now, it will hit the highest demand in the future.
(https://www.talkimg.com/images/2024/03/08/yL6C3.jpeg)
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Closing March in profit would be something unprecedented. Never in the Bitcoin's history we have had 7 "green" months in a row. The previous longest run was 6 months in 2020/2021:
(https://talkimg.com/images/2024/03/01/fGz6J.png)
Credit to Cygan (https://bitcointalk.org/index.php?topic=5143411.msg63741414#msg63741414)
But I can't see why this record can't be broken. We had that ~11.5% dip on 5th and I thought the market would cool down, but the price recovered nicely and we broke the new ATH. The market mood seems to be positive but the volume dropped down a bit, which is never a good sign. If I had to bet, I'd still say that we'll end March in profit and the price will stay above the opening ~$61k.
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Closing March in profit would be something unprecedented. Never in the Bitcoin's history we have had 7 "green" months in a row. The previous longest run was 6 months in 2020/2021:
(https://talkimg.com/images/2024/03/01/fGz6J.png)
Credit to Cygan (https://bitcointalk.org/index.php?topic=5143411.msg63741414#msg63741414)
But I can't see why this record can't be broken. We had that ~11.5% dip on 5th and I thought the market would cool down, but the price recovered nicely and we broke the new ATH. The market mood seems to be positive but the volume dropped down a bit, which is never a good sign. If I had to bet, I'd still say that we'll end March in profit and the price will stay above the opening ~$61k.
(https://www.talkimg.com/images/2024/03/09/yhGZ3.png)
post by wwzsockiof BTT (https://bitcointalk.org/index.php?topic=5143411.msg63763525#msg63763525)
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Closing March in profit would be something unprecedented. Never in the Bitcoin's history we have had 7 "green" months in a row. The previous longest run was 6 months in 2020/2021:
(https://talkimg.com/images/2024/03/01/fGz6J.png)
Credit to Cygan (https://bitcointalk.org/index.php?topic=5143411.msg63741414#msg63741414)
But I can't see why this record can't be broken. We had that ~11.5% dip on 5th and I thought the market would cool down, but the price recovered nicely and we broke the new ATH. The market mood seems to be positive but the volume dropped down a bit, which is never a good sign. If I had to bet, I'd still say that we'll end March in profit and the price will stay above the opening ~$61k.
(https://www.talkimg.com/images/2024/03/09/yhGZ3.png)
post by wwzsockiof BTT (https://bitcointalk.org/index.php?topic=5143411.msg63763525#msg63763525)
Imagine when you were still holding bitcoin from 2013 until now, how much wealth would we have gained? This shows that Bitcoin has very good potential for long-term storage. So keep holding Bitcoin for a long time and keep buying as much Bitcoin as you can.