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Author Topic: Bitcoin Hit $70k For First Time.  (Read 2785 times)

Offline I-Bit

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Re: Bitcoin Hit $70k For First Time.
« Reply #15 on: March 15, 2024, 11:53:02 PM »
The price of Bitcoin touched $73,000, which was the highest in Bitcoin history. This is the highest we have seen in 2024 and we have seen a huge change in Bitcoin which has attracted investors a lot.
It reached $73,750 yesterday. It is the new ATH of Bitcoin, we can reach the ATH before the halving happens. It is not only the highest price in 2024, it is a new record of Bitcoin. All people must be surprised to see Bitcoin price $73,750 but we don't feel so surprised because it is already predicted few days ago. Bitcoin crossed $70k, it may try to reach $75k soon. But it only can reach $73k for a moment.


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Re: Bitcoin Hit $70k For First Time.
« Reply #15 on: March 15, 2024, 11:53:02 PM »

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Offline Jamal Aezaz

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Re: Bitcoin Hit $70k For First Time.
« Reply #16 on: March 16, 2024, 08:30:08 AM »
Yes for the first time bitcoin has created new ATH of 73k$ but after that some corrections take place and price down to 66k$ but now again the movement is in positive direction. Bitcoin is at the value of 69k$ which is also a sigh that bitcoin is able to attain the higher worth again after every dip so we should not be in worry about any negative news regarding bitcoin.

Everyone wants the value of bitcoin to reach 150k$ but nobody knows that will it happen in 2025 or not and how much time it will takes to reach such value. Even though current year prediction is also not possible to create because of volatility so according to estimation bitcoin will touch 100k$ this year.
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Offline Jating

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Re: Bitcoin Hit $70k For First Time.
« Reply #17 on: March 16, 2024, 09:55:40 AM »
Yes for the first time bitcoin has created new ATH of 73k$ but after that some corrections take place and price down to 66k$ but now again the movement is in positive direction. Bitcoin is at the value of 69k$ which is also a sigh that bitcoin is able to attain the higher worth again after every dip so we should not be in worry about any negative news regarding bitcoin.

For now, we can call it new all time high, $73k but then we have some minor corrections again. But don't be nervous or something, it's normal to see this kind of dip. Actually we need it, so that there could be new investors who can buy at $68k and it's just like buying at top during the 2021 bull run. But the difference is that you don't need to wait for a long time to profit as we are in a bull run already.

Everyone wants the value of bitcoin to reach 150k$ but nobody knows that will it happen in 2025 or not and how much time it will takes to reach such value. Even though current year prediction is also not possible to create because of volatility so according to estimation bitcoin will touch 100k$ this year.

Yeah, even at as high $180k will be good. But as you have said, we really don't know what the future hold. It's that we are just basing everything on our TA but hopefully, at least $100k will be as conservative estimates till next year will be good.

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Offline Litzki1990

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Re: Bitcoin Hit $70k For First Time.
« Reply #18 on: March 17, 2024, 05:00:48 PM »
What a Surprise Bitcoin hit $70k for first time in Bitcoin History. What a fantastic moment for bitcoin and cryptocurrency lovers. We saw last ATH in 2021. And then Bitcoin price was $69k. And finally Bitcoin price cross that price and hit new ATH $70k.

I think it happen for Bitcoin sport ETF approval and coming halving programme. I think now we are in Real bull session. It seems near future Bitcoin price will touch $100k. I believe it will happen within short time. I mean it will happen within 2024.

I strongly believe Bitcoin movement is very Positive and within 2025 Bitcoin price will hit $150k early. Do you think that? Everyone tell please your opinion.
It had to happen, for a long time we were in a bad market condition, for a long time in this bad condition we of course waited for good times and finally we arrived at those good times. The market is expected to break all its past records but we expected it long ago but the market showed potential but again went down but this year the market grew more than we expected and very quickly broke all the records in its history and touched the highest price. The market has touched its highs and is dumping a bit now but expect the market to go higher again in the next phase.

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Re: Bitcoin Hit $70k For First Time.
« Reply #19 on: March 17, 2024, 11:56:13 PM »
The Bitcoin market has often bounced from lows to highs because of the biggest Bitcoin market pumping since the start of 2024. In March 2024, the all-time high Bitcoin price touched set a Bitcoin price 73k new record.  Bitcoin price is currently dumping between 68 but it will remain under the control of Bitcoin market investors until the halving. Because every investor can create an opportunity to invest, because the halving in 2024 is the next biggest bull run. The price is most likely to rise during this bull run.

Offline EthereumDev_

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Re: Bitcoin Hit $70k For First Time.
« Reply #20 on: March 18, 2024, 11:49:19 PM »
The Bitcoin market has often bounced from lows to highs because of the biggest Bitcoin market pumping since the start of 2024. In March 2024, the all-time high Bitcoin price touched set a Bitcoin price 73k new record.  Bitcoin price is currently dumping between 68 but it will remain under the control of Bitcoin market investors until the halving. Because every investor can create an opportunity to invest, because the halving in 2024 is the next biggest bull run. The price is most likely to rise during this bull run.
I think bitcoin price movements that are always like that have become normal because traders can make good use of them to make a profit from the difference between the buying price and the selling price on the exchange. Bitcoin is also still very suitable for use as an investment place, imagine you bought bitcoin in 2011 and still have it this year and that is a form of long-term investment.

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Re: Bitcoin Hit $70k For First Time.
« Reply #21 on: March 19, 2024, 11:22:25 PM »
For now, we can call it new all time high, $73k but then we have some minor corrections again. But don't be nervous or something, it's normal to see this kind of dip. Actually we need it, so that there could be new investors who can buy at $68k and it's just like buying at top during the 2021 bull run. But the difference is that you don't need to wait for a long time to profit as we are in a bull run already.
It turns out that the correction has been quite deep since BTC reached its ATH. This might be a very good opportunity to accumulate Bitcoin again at the lower price. But on the other hand, for short-term takers, it might be a bit detrimental to them. However, if it's about Bitcoin, then as long as it's still held, it will continue to be worth it in the future.

So far, BTC has experienced a decline of more than -6% in a day. And even more than -11% in the last 7 days. So, it does seem quite significant. And this is also followed by most of the altcoins.

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Re: Bitcoin Hit $70k For First Time.
« Reply #21 on: March 19, 2024, 11:22:25 PM »


Offline bayu7adi

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Re: Bitcoin Hit $70k For First Time.
« Reply #22 on: March 20, 2024, 12:35:31 AM »
Recently the price fell to the $61k level and I think this is the strongest support point and it should not get any cheaper than $60k again. Some time in the future we will experience a halving moment, so like the previous cycle, before the halving there will be a slight correction and I think this is still in the plan.

I expect April to be the best bounce-back moment until at least December 2024.

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Re: Bitcoin Hit $70k For First Time.
« Reply #23 on: March 20, 2024, 10:16:01 AM »
Yes now a days Bitcoin is huge popular. Huge big big investor coming and investing in Bitcoin. And also increasing Bitcoin's usability day by day. Now people using Bitcoin for multiple purpose. Even many big big company also investing on bitcoin.
So i also think Bitcoin's price also increase in future and where It's price will go we cannot imagine.
That is right. Let us just know that bitcoin will increase up to $100000 and later get higher than that. The market is cooling off right now but halving is coming and the mining supply will reduce and we should expect more demand which will later lead to the increase of bitcoin price.

Recently the price fell to the $61k level and I think this is the strongest support point and it should not get any cheaper than $60k again. Some time in the future we will experience a halving moment, so like the previous cycle, before the halving there will be a slight correction and I think this is still in the plan.

I expect April to be the best bounce-back moment until at least December 2024.
Do not say that. We do not know yet if the resistance will be rigid at $61000. I guess we are looking at $60000 support as bitcoin actually fell below $61000 but not below $60770. And you know that for like 3 to 5 days now, bitcoin is going down below the price it fell down last. So let us watch out for what will happen next. I guess $60000 can be a huge support but it is possible that bitcoin may fall below if it stays around that price for long without no much increase.
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Re: Bitcoin Hit $70k For First Time.
« Reply #24 on: March 20, 2024, 11:25:07 AM »
In truth, many bitcoin holders took profit when the price of each bitcoin was shaved in reality, and the ATH was even at 73k$ something, so I am also impressed with those who took profit at that ATH until now having a declining market.

Even now, the market is still in a position of retracement or correction. In fact, if you look at all the exchange platforms, they are still in the red. And I think it will be a few more days before the market gradually rises again.

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Re: Bitcoin Hit $70k For First Time.
« Reply #25 on: March 20, 2024, 08:23:18 PM »
In truth, many bitcoin holders took profit when the price of each bitcoin was shaved in reality, and the ATH was even at 73k$ something, so I am also impressed with those who took profit at that ATH until now having a declining market.

Even now, the market is still in a position of retracement or correction. In fact, if you look at all the exchange platforms, they are still in the red. And I think it will be a few more days before the market gradually rises again.
Well, it seems like the market is starting to make a recovery right now because after Bitcoin reaching as low as $61,000 (based on Coingecko), it is now sitting at around $65,000 already. I guess we will touch the $60,000 price range again. :D Now the $61,000 price range is acting as a short-term support currently.

TBH, that sudden pump of Bitcoin that went up to near $75,000 was because of extreme greed coming from the investors. They thought at that time that Bitcoin will continuously go up at that time, and they don't want to get left by it hence, many bought Bitcoin causing the price to increase. In short, many got FOMOed that's why it went up significantly. Now the ones who bought earlier sold their Bitcoins to their faces causing the market to go down.

Well, if anybody here bought at the peak or near to it, just hold it because anytime soon, we will be on a bull run phase and it's price will go up obviously. :)

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Re: Bitcoin Hit $70k For First Time.
« Reply #26 on: March 21, 2024, 07:29:25 PM »

For now, we can call it new all time high, $73k but then we have some minor corrections again. But don't be nervous or something, it's normal to see this kind of dip. Actually we need it, so that there could be new investors who can buy at $68k and it's just like buying at top during the 2021 bull run. But the difference is that you don't need to wait for a long time to profit as we are in a bull run already.

Price was much lower but now there occurs some pump which lead the bitcoin to reach the price of 67k$ again but here is not the end of fluctuations but actually we will see continues changing in market prices. We are in Bull season so we will not see huge dump for longer time but actually we will soon see another ATH that will bring good days for all holders.

Yeah, even at as high $180k will be good. But as you have said, we really don't know what the future hold. It's that we are just basing everything on our TA but hopefully, at least $100k will be as conservative estimates till next year will be good.

All future prices are based on prediction and we don't know that what will be the new price but we know that it will be something good for all investors. Nobody know that bitcoin will touch 100k$ or not but everyone is assuming that price will not remain as lower as that of current price so keep believing because if halving comes nearer then price will also go higher.
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Re: Bitcoin Hit $70k For First Time.
« Reply #27 on: March 22, 2024, 07:53:13 AM »
In truth, many bitcoin holders took profit when the price of each bitcoin was shaved in reality, and the ATH was even at 73k$ something, so I am also impressed with those who took profit at that ATH until now having a declining market.

Even now, the market is still in a position of retracement or correction. In fact, if you look at all the exchange platforms, they are still in the red. And I think it will be a few more days before the market gradually rises again.
The halving is only 29 days away and the price of bitcoin has not yet reached its highest price, so from the results of the analysis I have carried out from year to year, when the halving has occurred, the price of bitcoin will have the potential to fall further, to avoid this, bitcoin must increase its price. until the halving passes.

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Re: Bitcoin Hit $70k For First Time.
« Reply #28 on: March 22, 2024, 09:48:01 AM »
In truth, many bitcoin holders took profit when the price of each bitcoin was shaved in reality, and the ATH was even at 73k$ something, so I am also impressed with those who took profit at that ATH until now having a declining market.

Even now, the market is still in a position of retracement or correction. In fact, if you look at all the exchange platforms, they are still in the red. And I think it will be a few more days before the market gradually rises again.
The halving is only 29 days away and the price of bitcoin has not yet reached its highest price, so from the results of the analysis I have carried out from year to year, when the halving has occurred, the price of bitcoin will have the potential to fall further, to avoid this, bitcoin must increase its price. until the halving passes.
Hopefully BTC can exceed $73k after the bitcoin halving. Because actually the price of Bitcoin reaching its current price is already a surprise. because I personally didn't expect the increase to happen that quickly. And now the BTC price is still correcting. And hopefully the correction that occurs does not continue deeper.

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Re: Bitcoin Hit $70k For First Time.
« Reply #29 on: March 22, 2024, 10:18:05 AM »
Hopefully BTC can exceed $73k after the bitcoin halving. Because actually the price of Bitcoin reaching its current price is already a surprise. because I personally didn't expect the increase to happen that quickly. And now the BTC price is still correcting. And hopefully the correction that occurs does not continue deeper.
If you ask me so I will say that predicting price of Bitcoin after halving is incredibly difficult as there are so many factors at play in cryptocurrency market. By the way it would be exciting to see Bitcoin exceed $73k again. This prediction can also go wrong so we should be careful while investing. Correction that is currently happening is natural part of market cycle and we have seen it many time.  Ultimately it is good to do research and make informed decisions when investing in Bitcoin or any other cryptocurrency.

 

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