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Author Topic: 72 , are we going to break 75k at last?  (Read 1092 times)

Offline bitterguy28

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72 , are we going to break 75k at last?
« on: March 11, 2024, 01:22:38 PM »
now that Bitcoin crossed the highest now


All-time high
Mar 11, 2024 (30 minutes ago)
$72,242.51


so seeing this mate, are we going to see 75k ATH any time soon? because the market growing crazy and for all time making this high
is something the whole community must celebrate,and I think there will be no correction coming now.

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72 , are we going to break 75k at last?
« on: March 11, 2024, 01:22:38 PM »

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Offline DrBeer

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Re: 72 , are we going to break 75k at last?
« Reply #1 on: March 11, 2024, 01:42:05 PM »
I don't see any reason why Bitcoin wouldn't break through other price levels.
Today, a situation that is extremely favorable for further price growth has emerged. This includes the acceptance of Bitcoin as an official means of investment, and the acceptance of this status by the United States. Secondly, the expected halving, approximately in April 2024. The high demand of investment funds is caused by the understanding of the fact that 19+ million bitcoins, out of 21 million, have already been mined, and the remaining less than 2 million will be mined over the next 100+ years. 2024 will be a very interesting year for Bitcoin

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Re: 72 , are we going to break 75k at last?
« Reply #2 on: March 11, 2024, 11:17:16 PM »
Looking at it, its almost already there, it doesn't really feel like it would be something that hard to achieve, not like we are dealing with anything major anyway. I get the point that many people did not expect it this soon, so seeing it be at 72k made a lot of people shocked, but since we are already here, there isn't really any reason why it can't be 75k or even 80k. That feels like natural progress at this point, there isn't any logical argument that can say that it wouldn't be there. I understand it "may" not, but also saying it "won't" would be wrong, the possibility is there and it can get to that level.

Offline yhiaali3

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Re: 72 , are we going to break 75k at last?
« Reply #3 on: March 12, 2024, 12:46:39 AM »
Bitcoin is moving at an amazing speed towards its next target, and I do not see any difficulty in exceeding 75K. I expect this will be within the next two days only.

Regarding the correction, I do not agree with your opinion. There will inevitably be a correction, but it does not matter because the correction is healthy for every new rise. Without the correction, we could see a strong decline that could cause panic. Therefore, I see that the correction is a healthy and necessary condition for Bitcoin to stabilize and serve as a new starting point for a new rise and a new peak.

I am of the opinion that we are expected to see 100-125k$ after Halfling. Of course, some optimistic opinions go to the possibility of 150k$.

Offline philipma1957

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Re: 72 , are we going to break 75k at last?
« Reply #4 on: March 12, 2024, 04:08:24 AM »
I could see 100k by mid april.

and 200k by late dec 2024.
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Re: 72 , are we going to break 75k at last?
« Reply #5 on: March 12, 2024, 11:26:22 AM »
Bitcoin price pump recently is something that no one expected but that is life for you. Due to the current pumping in bitcoin price I think that 75k is too low for bitcoin to reach before the halving. This reason that I said this is that bitcoin can pump to that price in just one or two days. I am expecting to see bitcoin price at 80k or above before the halving. There is always be correction in the price of bitcoin as that is inevitable. We will only experience a little price correction for the price to be able to pump higher. Hodli and watch how the price pumps.

Offline Aanuoluwatofunmi

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Re: 72 , are we going to break 75k at last?
« Reply #6 on: March 12, 2024, 04:42:17 PM »
$75,000 is possible but we cant say when and how sooner this will take place, all i hope is to see the market not going dip by any means because we are getting this bullrull interesting already and its better we all enjoy this little one because the dip set in and from there we continue in bullrun till next year, as long as we are not going lesser to $70,000 then we are good with the present market performance and from there we could see more bull coming till we get to the halving.

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Re: 72 , are we going to break 75k at last?
« Reply #6 on: March 12, 2024, 04:42:17 PM »


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Re: 72 , are we going to break 75k at last?
« Reply #7 on: March 13, 2024, 06:05:19 PM »
~
so seeing this mate, are we going to see 75k ATH any time soon? because the market growing crazy and for all time making this high
is something the whole community must celebrate,and I think there will be no correction coming now.
It's current high right now based on Coingecko is $73,603.98.
With how the market moved in the past few days, I will not also be surprised if it will try to reach that $75,000 price as well.

I'm pretty sure those who bought at the bottom 2 years ago are now sitting at almost x4, and while many are sitting while having profit already, there are some investors out there who are trying to buy Bitcoin because they missed the opportunity that they have. I must say that I will only celebrate when Bitcoin reaches $100,000 for the first time.

No corrections? There will always be. It's just that we will see higher lows in the upcoming months. It will not be a straight line because along theway there will be some who will sell their Bitcoin holdings.

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Re: 72 , are we going to break 75k at last?
« Reply #8 on: March 13, 2024, 06:21:27 PM »
so seeing this mate, are we going to see 75k ATH any time soon? because the market growing crazy and for all time making this high
is something the whole community must celebrate,and I think there will be no correction coming now.

I think we are going to..experience a kind of sharp decline after the halving to $60k or even mid range of $50k level but it will be bought sharply and will settle around $60k range and after the halving, Bitcoin is going to touch a ATH of $80k to $90k before we finally do some heavy correction. At that at time high, the market is already overbought and anyone calling for $100k or even higher are just trying to be delusional especially the institutional investors who probably bought bitcoin ETF at $40k and want to see it go to a million dollars.
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Re: 72 , are we going to break 75k at last?
« Reply #9 on: March 13, 2024, 06:59:21 PM »
I don't think anyone really expected that those ETFs would get so popular that fast. Of course, there were some people expecting "god candles" straight after SEC's announcement, but most level-headed investors didn't expect any fireworks. Personally I thought that there will be a lot of demand for such ETFs but expected that to grow slowly over a longer period of time. This is indeed a game changer for Bitcoin and the question is how will the price behave from now, especially post-halving. I think the expected cyclical price movement will get distorted.

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Re: 72 , are we going to break 75k at last?
« Reply #10 on: March 14, 2024, 10:42:53 PM »
I don't think anyone really expected that those ETFs would get so popular that fast. Of course, there were some people expecting "god candles" straight after SEC's announcement, but most level-headed investors didn't expect any fireworks. Personally I thought that there will be a lot of demand for such ETFs but expected that to grow slowly over a longer period of time. This is indeed a game changer for Bitcoin and the question is how will the price behave from now, especially post-halving. I think the expected cyclical price movement will get distorted.
But do you think that the effect of this new rise in bitcoin is due to the ETF? According to what I have read, they said that the effect of the ETF would be within the first 3 or 4 months, then they changed it and said that the bullish effects would be seen after only 6 months of approval, we are barely there In the third month, if the market is behaving this way, and if it is not due to the effects of the approval of the ETF, then when the fact that it is subsiding thanks to the ETFs becomes a reality, how much will the price be able to locate?

I am not very good at Bitcoin predictions, but I think that when all the effects of the ETF are combined, plus the Halving and possibly the 4-year cycles where it is fulfilled, it can give a good ATH, then for me It can go up to $250k -$300k and it is not far from reality, according to Kiyosaki himself also predicts that.
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Offline Captain Corporate

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Re: 72 , are we going to break 75k at last?
« Reply #11 on: March 15, 2024, 12:34:46 AM »
Today is not the proof that we may not, today is the proof that we definitely will. Why? Because it was around at 71-72k range, and then needled to under 69k, which normally is something that scares people and many people see that fall and end up panic selling and causing even further fall etc etc, we could have totally seen a 65k or maybe even lower bitcoin today, all due to that small fall, its a ripple effect that makes it go down more when it goes down. However, instead of any of that, we ended up bouncing right back up, very quickly, within just few hours. That shows that people are holding and buying, and they are not selling.

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Re: 72 , are we going to break 75k at last?
« Reply #12 on: March 15, 2024, 03:08:25 PM »
I thought we could see $75k before a correction, but it looks like the whales decided to take profits today.
But if the market does not panic, it is possible that whales will start buying again and the price will rebound back towards $75k.

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Offline jeraldskie11

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Re: 72 , are we going to break 75k at last?
« Reply #13 on: March 31, 2024, 05:40:56 PM »
I thought we could see $75k before a correction, but it looks like the whales decided to take profits today.
But if the market does not panic, it is possible that whales will start buying again and the price will rebound back towards $75k.
Whales will not get panic when small traders sell off, instead the whales and Institutions are the caused of panic because they can make big price movement in the market. Institutions and whales already have holdings, so if they want to sell, it will cause panic. But the thing is we don't exactly know what price will they sell their assets. But if we back test the chart, usually the big volume occur in every swing point. So it's better to sell when the price is near the swing point.

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Re: 72 , are we going to break 75k at last?
« Reply #14 on: March 31, 2024, 07:28:42 PM »
I thought we could see $75k before a correction, but it looks like the whales decided to take profits today.
But if the market does not panic, it is possible that whales will start buying again and the price will rebound back towards $75k.
Whales will not get panic when small traders sell off, instead the whales and Institutions are the caused of panic because they can make big price movement in the market. Institutions and whales already have holdings, so if they want to sell, it will cause panic. But the thing is we don't exactly know what price will they sell their assets. But if we back test the chart, usually the big volume occur in every swing point. So it's better to sell when the price is near the swing point.
Paying attention to how Whales enter and go from that market needs to be done.
Just follow how the Whales move, never fight it.

They do manipulations pretty well, make FOMO, make FUD to make more profit.
Retailers like us are just sheep to them, and they keep giving bait to keep going in and out.

 

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