Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: JeydderS on March 11, 2024, 11:48:01 AM
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Grandpa BTC doing the opposite of what most people think
"BUY" button was staring me right in the face when I woke up. Bitcoin cracked 70k overnight!
After decades of 10% yearly gains, the boomers that bought into the ETFs at 40k must be pumped. 60% in less than two months. And you know what that means - the halving is just around the corner. We're barely over a month away from the daily supply getting cut in half from 900 to 450 BTC. If these whales and ETF funds keep stacking sats like they have been, we're gonna see some wild volatility.
I wouldn't be surprised if we get a few 10k daily candles pretty soon with all this FOMO buying. Can you imagine the rush if BTC pumped 10k in a day? Especially now that regular folks can just buy into a Bitcoin ETF this cycle.
The halving hype is gonna be absolutely insane this time. We're in uncharted territory with all this institutional money piling in before the supply squeeze. Who could have predicted we'd be at these price levels already before the halving even kicks in? Just buckle up, because we're in for one hell of a ride!
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The halving hype is gonna be absolutely insane this time. We're in uncharted territory with all this institutional money piling in before the supply squeeze. Who could have predicted we'd be at these price levels already before the halving even kicks in? Just buckle up, because we're in for one hell of a ride!
I would not consider Bitcoin to be a grandpa yet...in fact it is still a teenager and judging by the pulsating energy it is exhibiting right now in the market, I think am right with this assessment. Having reached a new ATH just recently, there can be more as we are now hearing of news of the lack of supply for Bitcoin buyers. With this kind of situation and with halving coming soon, there is a big impetus for BTC to soon get into the $100K zone and even more. Surely, this time the hype is quite real and so big as we know that ETFs are pumping the demand for more BTC...and there is a big likelihood that retail investors are now joining the fray big time. And indeed, lucky are those who took action when BTC was just at $40K as they are surely seeing the excitement of rising value in such a short timeframe. Unluckily, am not one of them.
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At the moment, I don’t see much point in selling Bitcoin. Reasons - in my personal opinion, in 2024 there are good prospects for further growth in the value of Bitcoin. There may be temporary drawdowns in the rate (situational corrections), but the general trend, again in my personal opinion, will be a trend towards an increase in the value of Bitcoin. There are at least 2 significant reasons for this:
- great interest of systemic and large investment funds, after the official recognition of ETF Funds, to work with Bitcoin and attract significant funds, as well as the accumulation by these funds of a large number of Bitcoins.
- Bitcoin halving, which will happen around April of this year.
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A lot is expected in that matter, and even more than what most people expect. And there are others who have already sold their bitcoin holdings. And these community investors are probably the ones whose assets were so stuck in the previous ATH in 2020 that they have no choice but to hold their holdings again.
And now that the previous ATH has been passed, they have sold their bitcoin. Of course, the profit they got is probably big, and they are satisfied, so that's not bad. At least the important thing is that they are profiting, right?
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A lot is expected in that matter, and even more than what most people expect. And there are others who have already sold their bitcoin holdings. And these community investors are probably the ones whose assets were so stuck in the previous ATH in 2020 that they have no choice but to hold their holdings again.
And now that the previous ATH has been passed, they have sold their bitcoin. Of course, the profit they got is probably big, and they are satisfied, so that's not bad. At least the important thing is that they are profiting, right?
I am not surprised with this growth of BTC because we are in an uptrend and every new ATH of BTC is within investors' expectations. I would be surprised if BTC suddenly makes a new bottom below $15K this year 8)
I know that many investors/holders have sold their BTC, so we can see trading activity going on CEX, someone sold their BTC so I could buy BTC yesterday. I hope that they have profited from BTC, and I always want to congratulate them. I personally will not sell any BTC while the uptrend is still maintained. My expectation for BTC's ATH for the entire cycle is $150K-170K, I will not let go of BTC until BTC has not reached that price range ;D
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At the moment I have not sold but if the price continues to rise as it has done so far I will soon make the first sale, just as I will make a few sales when the price rises above $100,000. But it will be a few sales that will allow me to enjoy profits after the long bear market of this cycle. Most of it I will hold. And I will buy back into DCA in a year or so when the bear market starts again.
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At the moment I have not sold but if the price continues to rise as it has done so far I will soon make the first sale, just as I will make a few sales when the price rises above $100,000. But it will be a few sales that will allow me to enjoy profits after the long bear market of this cycle. Most of it I will hold. And I will buy back into DCA in a year or so when the bear market starts again.
Yeah I am doing the same way $85k-$100k is my target price but this depends on some factors. I also have plans to just DCA and hodl until I will get 1 Bitcoin but yeah I don't know if it's that possible as I only have small amount of it on weekly basis like $40.
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Even though fear and greed index is extremely high, it isnt recommendable to sell right now. It seems that Bitcoin has just started its flight. By the look how it gains and strongly keeps its position, it does not look like it is going to turn back and change trend. Those who are afraid to lose moment and sell as expensive as possible - look how high it is already. If it goes down, you will still have plenty of time to sell with profit. It will not fall into the abyss right away.
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Etf approval.
Halving within the next month.
Inflation everywhere
"71 k out of nowhere?"
Where have you been? Lol
We are in a crazy bull run!
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~snip~
Who could have predicted we'd be at these price levels already before the halving even kicks in? Just buckle up, because we're in for one hell of a ride!
All those who knew what spot ETFs in the US mean for the Bitcoin market, and those who knew that BlackRock is not some frivolous company that gets into this kind of business because there are no smarter things to do. Everyone else is now wondering where this pump came from and saying how it appeared out of nowhere and in the past 2 months these same funds bought over 400 000 BTC ::)
This ride started as early as 6+ months ago, but I guess it's never too late to jump in and enjoy the ride ;)
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I wouldn't be surprised if we get a few 10k daily candles pretty soon with all this FOMO buying. Can you imagine the rush if BTC pumped 10k in a day? Especially now that regular folks can just buy into a Bitcoin ETF this cycle.
The halving hype is gonna be absolutely insane this time. We're in uncharted territory with all this institutional money piling in before the supply squeeze. Who could have predicted we'd be at these price levels already before the halving even kicks in? Just buckle up, because we're in for one hell of a ride!
We are now at the phase of the market euphoria and you know what that means, wall street are here and everyone will make money because there is smart money from them because they do the bidding of the pumping. We can conclude that halving is one of the reasons why we have these runs but so far, the most influential people here are the institutional investors, Microstrategy and ETF buyers which is most likely controlled by Blackrock.
Today, just after the new daily candle open, Bitcoin crash to $67k but when the whales were tipped that Microstrategy bought another 12,000btc, the market pumped Bitcoin to $72k which is now a new all time high, I just hope everyone remain guided so as not to be dump on particularly when institutional investors want to exit some of their profits.
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We're seeing the unexpected this time around, the bull run never started this soon in previous cycles, and this time, we have already hit a new all-time high even before the halving closes in, so there is no doubt that the ride is going to be pretty intense and interesting!
Those who are selling right now to take profit from the current prices are going to miss out on the real fun for sure because we are just starting, once the halving event occurs, we got to see what the market unfolds after that.
So, I would suggest everyone to keep holding a little bit more if you want to keep riding the wave.
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A lot is expected in that matter, and even more than what most people expect. And there are others who have already sold their bitcoin holdings. And these community investors are probably the ones whose assets were so stuck in the previous ATH in 2020 that they have no choice but to hold their holdings again.
And now that the previous ATH has been passed, they have sold their bitcoin. Of course, the profit they got is probably big, and they are satisfied, so that's not bad. At least the important thing is that they are profiting, right?
Some people preferred to sell their bitcoin at 71k$ and some are still waiting to achieved their target of 100k$. Those who have holded their bitcoin from years and missed the previous ATH will find the current worth as a golden chance to take the benefit so selling is not a bad idea for them because greed sometimes cause a big loss.
Everyone will be in profit now as 71k$ has never achieved before it but yes the basic thing is profit. If you have profit then you can sell anytime you want but sometimes people wishes to have more profit as a result of which either they win or either they miss the little benefit too.
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The decision to sell is a personal decision that varies from person to person. Some who bought from low levels must have sold by now, and others bought from higher levels waiting to exceed 100-125k$.
In any case, everyone will emerge a winner from this bull, but for how long? I mean, there must be a point at which Bitcoin stops and starts to decline again, and those who will buy at the new ATH will have to wait another four years to reap their profits, so I see that the majority will start selling when Bitcoin reaches 100K.
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I haven't sold, and to be fair it didn't really come out of nowhere either. Everyone has watched it grow from 15k to 70k+, I mean is that a lie? Haven't we seen it go under 20k? We have, it is documented, from a 69k all time high in 2021, it bottomed at under 20k that is a fact. After that, did it peak over 69k again and break all time high? It did, that is a fact. Combine all those together, that means that we are in a bull run and the price is going higher, so just like we broke over 70k, we are going to break over 80k too, it is not about "will it", it is just when that matters at this stage.
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Who could have predicted we'd be at these price levels already before the halving even kicks in? Just buckle up, because we're in for one hell of a ride!
one hell of a ride. None of us could have ever imagined that we would be seeing a new ATH before halving. All of our thoughts(before the price increase) were to see an ATH of Bitcoin after halving(as history does have it).
The crypto market has been experiencing a positive movement of bitcoin price throughout this March. Last month we had the bitcoin price fluctuating between the price of $49k-$51k but here it has skyrocketed to $72k, giving a new ATH. However, I anticipate bitcoin to give more ATH before halving.
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I have sold 5% of BTC assets because I bought when BTC was at 54k yesterday, I think I can make a profit on my previous BTC supply, and I will sell my BTC in stages according to the capital I bought yesterday, I will not be greedy in searching profit. Even if BTC hits 100k later, if my assets are sold, I will never regret it
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Bitcoin has touched the highest price in its price history, since the price of Bitcoin has touched the highest, I would say that those who invested in Bitcoin have not lost but they are now in profit. Everyone is in profit but not everyone is selling their investment but many are now holding their investment in the hope of more profit. While some investors will hold on to their investments, there are investors who will sell their investments and wait to invest again when the market goes down. But those who have invested in long-term plans are likely to hold their investments for some more time.
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I can't imagine how much profitable earned with the reward payment from signature campaign exactly with my current active campaign since still on the other side forum. I received payment in bitcoin since price dropping under $24k maybe earn more than 3x profitable keep hold it right now after bitcoin pump drastically with new ATH around $72k.
Personally I don't hold any amount of bitcoin right now and seems too late for reinvesting because bitcoin have touched many time with new ATH, are waiting correction moment or keep reinvesting right now although have higher price and potential with halving time.
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I haven't sold, and to be fair it didn't really come out of nowhere either. Everyone has watched it grow from 15k to 70k+, I mean is that a lie? Haven't we seen it go under 20k? We have, it is documented, from a 69k all time high in 2021, it bottomed at under 20k that is a fact. After that, did it peak over 69k again and break all time high? It did, that is a fact. Combine all those together, that means that we are in a bull run and the price is going higher, so just like we broke over 70k, we are going to break over 80k too, it is not about "will it", it is just when that matters at this stage.
It just hit $72k+ recently so there is a higher chance that it will also break $80k price range so on and so forth. Good for us who still choose to hodl rather than sell and I personally do not have plans to sell because I want to achieve the goal of gaining 1 full Bitcoin through DCA. I don't know if I can but it's worth trying and this serves as a challenge to me.
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I wouldn't be surprised if we get a few 10k daily candles pretty soon with all this FOMO buying. Can you imagine the rush if BTC pumped 10k in a day? Especially now that regular folks can just buy into a Bitcoin ETF this cycle.
I am not expecting a $10K candle a day. Because if it grows like that, it will go down at the same pace. I liked how Bitcoin re-tested the 69K range a couple of times, and then, finally, the buyers were able to beat sellers. As far as I know, ETF guys are buying 40,000 BTC each week through OTC deals. Even though they are buying in OTC deal, it still has an impact on the market. We already broke the all-time high before the halving. Imagine growing $5 each week till the halving. That will be more strong than $10K candle a day.
As for selling, I was planning to cash some profit at 70K range, but later I decided not to cashout my profits because I feel like this is too early to take profit. We have a couple more weeks before the halving. I will cash some profit once I reach my target and I will be ready with some fiat to buy back again if I see any dump.
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sold at 69k that sell pressure is kind of scary. Even though I feel like it's probably hit 70k
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Who could have predicted we'd be at these price levels already before the halving even kicks in? Just buckle up, because we're in for one hell of a ride!
one hell of a ride. None of us could have ever imagined that we would be seeing a new ATH before halving. All of our thoughts(before the price increase) were to see an ATH of Bitcoin after halving(as history does have it).
BTC actually did defy expectations because we all thought or maybe the majority of us expected that the new ATH would come right after the halving following previous circles as per conventional wisdom but the market has defied those expectations with its recent price surge.
This also happened with my BGB portfolio...it was fluctuating around the $0.45 range and suddenly it hit an ATH of $1. I guess we really can't predict the turn of events but we know for sure that there are factors driving the price surge rally.
At this point we should be really optimistic to see BTC give or take at $100k in due time.
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I have sold 5% of BTC assets because I bought when BTC was at 54k yesterday, I think I can make a profit on my previous BTC supply, and I will sell my BTC in stages according to the capital I bought yesterday, I will not be greedy in searching profit. Even if BTC hits 100k later, if my assets are sold, I will never regret it
What that matters is to not sell at loss. If you sell and still have little profit, it is better. But the bull time has just started and bitcoin will reach many all-time-high until 2026. I think a time is coming bitcoin will not get below $100000 and it would be better for those that are not using their money for anything to simply invest in bitcoin than their money should remain in fiat that is depreciating in value constantly.
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We're seeing the unexpected this time around, the bull run never started this soon in previous cycles, and this time, we have already hit a new all-time high even before the halving closes in, so there is no doubt that the ride is going to be pretty intense and interesting!
Those who are selling right now to take profit from the current prices are going to miss out on the real fun for sure because we are just starting, once the halving event occurs, we got to see what the market unfolds after that.
So, I would suggest everyone to keep holding a little bit more if you want to keep riding the wave.
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I wouldn't be surprised if we get a few 10k daily candles pretty soon with all this FOMO buying. Can you imagine the rush if BTC pumped 10k in a day? Especially now that regular folks can just buy into a Bitcoin ETF this cycle.
The halving hype is gonna be absolutely insane this time. We're in uncharted territory with all this institutional money piling in before the supply squeeze. Who could have predicted we'd be at these price levels already before the halving even kicks in? Just buckle up, because we're in for one hell of a ride!
We are now at the phase of the market euphoria and you know what that means, wall street are here and everyone will make money because there is smart money from them because they do the bidding of the pumping. We can conclude that halving is one of the reasons why we have these runs but so far, the most influential people here are the institutional investors, Microstrategy and ETF buyers which is most likely controlled by Blackrock.
Today, just after the new daily candle open, Bitcoin crash to $67k but when the whales were tipped that Microstrategy bought another 12,000btc, the market pumped Bitcoin to $72k which is now a new all time high, I just hope everyone remain guided so as not to be dump on particularly when institutional investors want to exit some of their profits.
I share your concerns about the current market euphoria and the influence of institutional investors like Microstrategy and ETF buyers. It's clear that their actions can have a significant impact on the market, as we've seen with Bitcoin's recent price movements. However, it's essential for investors to remain cautious and not get caught up in the hype, especially when institutional investors are looking to take profits.
That being said, it's important to remember that market corrections and dips present opportunities for savvy investors. Take Bitget's native token, BGB, for example. It experienced fluctuations in price, dropping from $0.7 to $0.57 before surging to an all-time high of $1.15. Those who capitalized on the dip would have seen significant gains when the price rebounded. So, while it's crucial to be aware of institutional actions and market dynamics, it's also essential to recognize the potential opportunities that arise during periods of volatility.
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A lot is expected in that matter, and even more than what most people expect. And there are others who have already sold their bitcoin holdings. And these community investors are probably the ones whose assets were so stuck in the previous ATH in 2020 that they have no choice but to hold their holdings again.
And now that the previous ATH has been passed, they have sold their bitcoin. Of course, the profit they got is probably big, and they are satisfied, so that's not bad. At least the important thing is that they are profiting, right?
I don't see any reason why anyone should still be stocked with Bitcoin when there are other altcoins out there that can bring in more profits they are looking for in BTC, because those altcoins are of low marketcap and only need very little to make huge moves compared to a big coin like BTC that needs a huge amount of money to make a large pump.I have noticed many coins, especially memes like Myro, Wif, FLOKI, Pepe, etc., experiencing 10x gains on platforms like Bitget. Once the momentum shifts towards alts like gamefi, L2, and BRC20 tokens, I'm certain the potential profit will outweigh Bitcoin
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Etf approval.
Halving within the next month.
Inflation everywhere
"71 k out of nowhere?"
Where have you been? Lol
We are in a crazy bull run!
Just got a bunch of notifications and was expecting work related messages, but they were from CoinGecko/Bitget. That's way better. Grandpa just hits 73k. Might Hut 75k before the end of this week or what do you think?
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At the moment I have not sold but if the price continues to rise as it has done so far I will soon make the first sale, just as I will make a few sales when the price rises above $100,000. But it will be a few sales that will allow me to enjoy profits after the long bear market of this cycle. Most of it I will hold. And I will buy back into DCA in a year or so when the bear market starts again.
Yeah I am doing the same way $85k-$100k is my target price but this depends on some factors. I also have plans to just DCA and hodl until I will get 1 Bitcoin but yeah I don't know if it's that possible as I only have small amount of it on weekly basis like $40.
Good job to everyone who managed to hold through the bear market. We all knew this day would come eventually. Feels good.
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A lot is expected in that matter, and even more than what most people expect. And there are others who have already sold their bitcoin holdings. And these community investors are probably the ones whose assets were so stuck in the previous ATH in 2020 that they have no choice but to hold their holdings again.
And now that the previous ATH has been passed, they have sold their bitcoin. Of course, the profit they got is probably big, and they are satisfied, so that's not bad. At least the important thing is that they are profiting, right?
You recall how the last bull run began before it went wild? It would bounce off resistance levels a few times and then break through, just like what's happening now.
Then, out of nowhere, it would smash through all resistance and start soaring, with constant alerts like "Bitcoin is up 5% in the last hour."
Feeling optimistic. Reaching 100k before the halving might not be out of reach after all.
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A lot is expected in that matter, and even more than what most people expect. And there are others who have already sold their bitcoin holdings. And these community investors are probably the ones whose assets were so stuck in the previous ATH in 2020 that they have no choice but to hold their holdings again.
And now that the previous ATH has been passed, they have sold their bitcoin. Of course, the profit they got is probably big, and they are satisfied, so that's not bad. At least the important thing is that they are profiting, right?
I don't see any reason why anyone should still be stocked with Bitcoin when there are other altcoins out there that can bring in more profits they are looking for in BTC, because those altcoins are of low marketcap and only need very little to make huge moves compared to a big coin like BTC that needs a huge amount of money to make a large pump.I have noticed many coins, especially memes like Myro, Wif, FLOKI, Pepe, etc., experiencing 10x gains on platforms like Bitget. Once the momentum shifts towards alts like gamefi, L2, and BRC20 tokens, I'm certain the potential profit will outweigh Bitcoin
Meme tokens have been printing steady ahaha. I've been glued to the cex you mentioned memezone and I'm milking..they have a knack of listing top memes early
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Its not possible that we see people are not selling at $72,000 and to reset back to low and buy at $69,000 again except if one is going for long, those that have the majority sale are the traders who does not go into long time trading but instead they go shorts and they made sell and and still buy by placing orders as soon as the markets is going in favour towards their direction.
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(https://media.tenor.com/UHfDolPT4c0AAAAC/hell-no.gif)
I already said that if Bitcoin stays above $69,000 for quite some time, I will only say that we are in a bull market. However, I already changed it again. If Bitcoin stays above $69,000 after the halving event then I can say that we are really in a bull run already. Some might say that we are already in a bull run. Take note that we have different opinions when it comes to the market. :)
To answer the question, I'm not selling yet, and my selling price is still far from the current price of Bitcoin. My first selling price is at around $100,000 because I believe that it will reach that price for the first time this bull run. At least I will sell my Bitcoins between $100,000-$150,000.
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Its not possible that we see people are not selling at $72,000 and to reset back to low and buy at $69,000 again except if one is going for long, those that have the majority sale are the traders who does not go into long time trading but instead they go shorts and they made sell and and still buy by placing orders as soon as the markets is going in favour towards their direction.
Of course there are many of them who choose to sell at $72k but if those people have just entered at such an expensive price then there is no other choice to wait until the price goes up again to make a profit. They will probably wait until the price of Bitcoin reaches $100k to take advantage of the profits have earned.
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Though I am still very optimistic for bitcoin future, but I honestly do not feel that charged up concerning the effects of the halving anymore, though I still honestly hope I am wrong by the way.
Imagine if the coming halving turns out to be a buy the rumor, sell the news kind of thing for so many investors, most especially the newbie ones who are to understand fully what the halving event is all about?
There is the possibility that we may experience some sharp decline of bitcoin's price after the halving, but money from bitcoin will shift to altcoins instead, and altcoins may see a rather wild pump, while the price of bitcoin remains either stable at around $50,000 or slowly depreciating.
But this won't last long before bitcoin starts pumping again though, but I just want us to imagine and know that this is also possible.
so, as we expect the price of bitcoin to boom after the halving, don't forget to keep some stables just incase the opposite happens instead.
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Its not possible that we see people are not selling at $72,000 and to reset back to low and buy at $69,000 again except if one is going for long, those that have the majority sale are the traders who does not go into long time trading but instead they go shorts and they made sell and and still buy by placing orders as soon as the markets is going in favour towards their direction.
Actually the selling and buying depends on the profit so may be there are large number of people who are taking profit based on short term trading so they will have sell their bitcoin at 72k$ while others are buying again and again and will sell these bitcoins when the value reaches to their targeted value.
People who have knowledge can think about selling at profitable moment but on other hands if price goes down they sell their bitcoin in fear of losing money. I think one should think about a value of selling so in such case there will be no issue and conditions will be clear for him to take a better decision.
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Still going quite strong right now, that is why I feel like it is going to be amazing. I believe that we are going to end up with something that will grow stronger. I feel like we are going to just assume that its going to keep going high this way. I believe that we are going to end up with something that should be a lot better, and I hope that it will grow like this. I know that its going to be very good, but also there are some risks involved here and there. So we should definitely consider the situation to be a lot better eventually and that is why I do not expect a fall, and its going strong, so maybe even more.
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huh that 71k came out of nowhere. did anyone of you guys sold?
We are very grateful because so far, BTC price movements have been very fast, even the ATH is also $73,637. And there will definitely be another upward movement in the future. I'm very sure that if the ATH is bullish it will reach more than $100k, so just save and hold for now. Try to be more patient. Because after all, we have been waiting for years to meet this bullish era. And this is just the beginning, so it would be much better not to panic about price increases like this.
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It will be wild if we see Bitcoin move like with a $10k addition within a day. Many are going to put that into the mainstream media as the best rally that we've ever seen. I haven't sold at these levels and I am still waiting patiently for more, I am not greedy but I just know what I am doing and believing that there's gotta be more as prior to the halving that we're waiting for. But for now, I am still going to do nothing but wait.
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Grandpa BTC doing the opposite of what most people think
"BUY" button was staring me right in the face when I woke up. Bitcoin cracked 70k overnight!
After decades of 10% yearly gains, the boomers that bought into the ETFs at 40k must be pumped. 60% in less than two months. And you know what that means - the halving is just around the corner. We're barely over a month away from the daily supply getting cut in half from 900 to 450 BTC. If these whales and ETF funds keep stacking sats like they have been, we're gonna see some wild volatility.
I wouldn't be surprised if we get a few 10k daily candles pretty soon with all this FOMO buying. Can you imagine the rush if BTC pumped 10k in a day? Especially now that regular folks can just buy into a Bitcoin ETF this cycle.
The halving hype is gonna be absolutely insane this time. We're in uncharted territory with all this institutional money piling in before the supply squeeze. Who could have predicted we'd be at these price levels already before the halving even kicks in? Just buckle up, because we're in for one hell of a ride!
I sold some today got 73k about 0.01 btc gone to fiat
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It will be wild if we see Bitcoin move like with a $10k addition within a day. Many are going to put that into the mainstream media as the best rally that we've ever seen. I haven't sold at these levels and I am still waiting patiently for more, I am not greedy but I just know what I am doing and believing that there's gotta be more as prior to the halving that we're waiting for. But for now, I am still going to do nothing but wait.
If you've been here on this market for a couple of cycles then this movement is really just that like an ordinary day here on crypto. Somewhat basing with those movement then we havent seen this in a while on where 5-10% movement in a day turns out to be basic or standard but when the time goes by then movement of 3-5% is really just that the base line and now we are moving
higher with those numbers on which it would really be that normal that you would really be having those kind of noticing with those current value movement.
It is really just that good to see on where we are really heading on which the next stop would be $100k.
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up and up again, please.
This time, we are very enthusiastic to enjoy the changes taking place in the market. BTC brings this crypto market very well. It could even start a bullish era before the BTC Halving.
It's time to enjoy another journey again, no stop here, because we know that the journey of Bitcoin will still be rising up. Altcoins are also following. But, I still don't have any idea when alt season will exactly happen.
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It will be wild if we see Bitcoin move like with a $10k addition within a day. Many are going to put that into the mainstream media as the best rally that we've ever seen. I haven't sold at these levels and I am still waiting patiently for more, I am not greedy but I just know what I am doing and believing that there's gotta be more as prior to the halving that we're waiting for. But for now, I am still going to do nothing but wait.
If you've been here on this market for a couple of cycles then this movement is really just that like an ordinary day here on crypto. Somewhat basing with those movement then we havent seen this in a while on where 5-10% movement in a day turns out to be basic or standard but when the time goes by then movement of 3-5% is really just that the base line and now we are moving
higher with those numbers on which it would really be that normal that you would really be having those kind of noticing with those current value movement.
Yeah right. It's like another normal crypto day and it's to you whether you've been convinced to sell some or you have to keep on holding. Because if you're going to sell, then you have to make sure that at some point you'd be able to take back what you've sold whilst keeping the fiat. You have to buy at some lows again so that you take advantage and this is your way of leveraging your way to the market and taking advantage based on your experience.
It is really just that good to see on where we are really heading on which the next stop would be $100k.
We will be there in no time.
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As the price of Bitcoin has been steadily rising in recent times, when the price of Bitcoin was at 42K due to the approval of the Bitcoin ETF, the price of Bitcoin has rebounded from there and transformed into an all-time high. Bitcoin price touched up to 73.6K at the current time, which is a sign that Bitcoin is improving and attracting more investors. Because everyone can be interested in buying Bitcoin because it is possible to invest in Bitcoin if the time is right to invest long term. So I will also buy Bitcoin again for the second time when the halving takes place and wait for the big bull market in 2025.
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Grandpa BTC doing the opposite of what most people think
"BUY" button was staring me right in the face when I woke up. Bitcoin cracked 70k overnight!
Haha, I might not say overnight, because it took BTC 15+ years old and it took him that much time to reach $70k, but yeah before night it was around $65k and $67k and after that night it was at $70k. So hypothetically speaking you can say it made $70k overnight but in reality it took time, and many investors were played in between.
After decades of 10% yearly gains, the boomers that bought into the ETFs at 40k must be pumped. 60% in less than two months. And you know what that means - the halving is just around the corner. We're barely over a month away from the daily supply getting cut in half from 900 to 450 BTC.
What does 900 to 450 BTC means. I mean before it was 6.25 and now after the halving the reward will be 3.12. If these whales and ETF funds keep stacking sats like they have been, we're gonna see some wild volatility.
Even if they keep stacking sats like this, a time will come when they will book the profit and leave innocent money stuck in the market and many still has to wait for another cycle to book their profit. So better be sharp enough to not played by these market makers and exit the market a little before.
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The halving hype is gonna be absolutely insane this time. We're in uncharted territory with all this institutional money piling in before the supply squeeze. Who could have predicted we'd be at these price levels already before the halving even kicks in? Just buckle up, because we're in for one hell of a ride!
It seems like this is a boost from ETFs where now I myself am also getting ready to welcome a special post-halving surprise. This was unexpected, but I think all holders are happy this time. The potential to get a higher ATH price is still wide open, as long as this is not a prank, then it is certain that the green candlestick will be visible every day until the end of 2024.
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Even the price has passed $73k++ and this is the new ATH price.
I managed to sell some of my Bitcoin at $72,300, and it was good enough, even though the price later went up.
Still waiting for the decline to occur to buy back.
This hype halving is still uncharted and unprecedented.
The ATH before the halving is an unexpected moment, as it can be this fast.
This signals the crypto market is increasingly volatile, with a lot of new money coming in.
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Never crossed my mind to sold at $71k or even $73k. Reason being is that it's not necessary on my part. If there are major reasons like 2 years ago when I sold during the bear market then I will do it this year.
Fortunately for me, there are no compelling reasons, but I wouldn't take it to anyone who sold and make profits especially if you have been accumulating for more than a year and wanted to realized that profits and not just in paper.
And with that, the price goes down in the last 24 hours, now it's $66k. Almost 9% down. So good decision for those who sold at $71k and above.
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Never crossed my mind to sold at $71k or even $73k. Reason being is that it's not necessary on my part. If there are major reasons like 2 years ago when I sold during the bear market then I will do it this year.
Fortunately for me, there are no compelling reasons, but I wouldn't take it to anyone who sold and make profits especially if you have been accumulating for more than a year and wanted to realized that profits and not just in paper.
And with that, the price goes down in the last 24 hours, now it's $66k. Almost 9% down. So good decision for those who sold at $71k and above.
Yes, that's right, it's better to keep holding Bitcoin for quite a long time and after that you can sell it when the price of Bitcoin can reach $150k which might be reached at the end of this year or maybe at the end of next year.
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Grandpa BTC doing the opposite of what most people think
"BUY" button was staring me right in the face when I woke up. Bitcoin cracked 70k overnight!
After decades of 10% yearly gains, the boomers that bought into the ETFs at 40k must be pumped. 60% in less than two months. And you know what that means - the halving is just around the corner. We're barely over a month away from the daily supply getting cut in half from 900 to 450 BTC. If these whales and ETF funds keep stacking sats like they have been, we're gonna see some wild volatility.
I wouldn't be surprised if we get a few 10k daily candles pretty soon with all this FOMO buying. Can you imagine the rush if BTC pumped 10k in a day? Especially now that regular folks can just buy into a Bitcoin ETF this cycle.
The halving hype is gonna be absolutely insane this time. We're in uncharted territory with all this institutional money piling in before the supply squeeze. Who could have predicted we'd be at these price levels already before the halving even kicks in? Just buckle up, because we're in for one hell of a ride!
In those years when Bitcoin was divided there was always a market adjustment to a very strong FOMO and the market became very volatile, if you understand and know how to trade correctly, any trader will earn hundreds of times more this year than a normal investor when holding Bitcoin for a period of time.
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Grandpa BTC doing the opposite of what most people think
"BUY" button was staring me right in the face when I woke up. Bitcoin cracked 70k overnight!
After decades of 10% yearly gains, the boomers that bought into the ETFs at 40k must be pumped. 60% in less than two months. And you know what that means - the halving is just around the corner. We're barely over a month away from the daily supply getting cut in half from 900 to 450 BTC. If these whales and ETF funds keep stacking sats like they have been, we're gonna see some wild volatility.
I wouldn't be surprised if we get a few 10k daily candles pretty soon with all this FOMO buying. Can you imagine the rush if BTC pumped 10k in a day? Especially now that regular folks can just buy into a Bitcoin ETF this cycle.
The halving hype is gonna be absolutely insane this time. We're in uncharted territory with all this institutional money piling in before the supply squeeze. Who could have predicted we'd be at these price levels already before the halving even kicks in? Just buckle up, because we're in for one hell of a ride!
I sold some at 73k.
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Never crossed my mind to sold at $71k or even $73k. Reason being is that it's not necessary on my part. If there are major reasons like 2 years ago when I sold during the bear market then I will do it this year.
Fortunately for me, there are no compelling reasons, but I wouldn't take it to anyone who sold and make profits especially if you have been accumulating for more than a year and wanted to realized that profits and not just in paper.
And with that, the price goes down in the last 24 hours, now it's $66k. Almost 9% down. So good decision for those who sold at $71k and above.
Yes, that's right, it's better to keep holding Bitcoin for quite a long time and after that you can sell it when the price of Bitcoin can reach $150k which might be reached at the end of this year or maybe at the end of next year.
Yes, long term is my goal, so again, for those who sold at $73, congrats to all of you for taking profits. And after I said that the price goes down and it had minor correction, it recover again to $70k as of this writing. So it's almost the end of the month already, good to see the price still at $70k. Next month it will be halving and so expect that there will still be panic buying as everyone wanted to still buy Bitcoin before the halving and then look for the end of this year price or even at the end of 2025 for the last push for a new all time high so exciting times are here.
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For someone that has been holding a little while ago, i don't expect such to sell for any reason just because the market gets to $71,000 which we later have up to $73,000 and still anticipating for more highs coming, if we really can hold the more, then our target should be something toward $100,000 or more and this can happen after the halving or before the year runs out if we are still holding till then.
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Even with my sale I still kept 3/4 of my btc its cost basis was 20-30k maybe 24k on average. So I turned a good profit on what I sold.
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huh that 71k came out of nowhere. did anyone of you guys sold?
I didn't sell my bitcoins even when bitcoin went to $71k because I was waiting for the bull market that will start after the next halving of my bitcoins. Many may have sold their bitcoins during this pumping season. Many people are buying and investing in bitcoins from this pumping season. I think this pumping season bitcoin will reach all time highs but in the next bull market bitcoin will go higher and reach all time highs so those who sold bitcoin may not get a chance to buy from the dip and those who are holding don't worry you hold on Keep in mind that you can earn many times more profit from this pumping season.
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For someone that has been holding a little while ago, i don't expect such to sell for any reason just because the market gets to $71,000 which we later have up to $73,000 and still anticipating for more highs coming, if we really can hold the more, then our target should be something toward $100,000 or more and this can happen after the halving or before the year runs out if we are still holding till then.
I think the halving this year is not like 4 years ago because the price remains stable and there are no more price movements, if everyone just quietly waits for it to reach $100k then who will buy bitcoin at that expensive price? If you want to reach the target price of $100k then there must be a trigger, perhaps from good news circulating in the media, that makes investors buy bitcoin again.
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if everyone just quietly waits for it to reach $100k then who will buy bitcoin at that expensive price? If you want to reach the target price of $100k then there must be a trigger, perhaps from good news circulating in the media, that makes investors buy bitcoin again.
People considered buying Bitcoin for even a dollar expensive
Considered buying in the $50K's range expensive
But what's the price Now.
As time goes on you will realise that getting a Bitcoin for $100K is very cheap. Recall it's an appreciating asset, it's value isn't just tied to the media or news. It has uses and needs it satisfies that makes it valuable.
Even with my sale I still kept 3/4 of my btc its cost basis was 20-30k maybe 24k on average. So I turned a good profit on what I sold.
Exactly. One thing is to hold, the other is to know the right time to take profit. As long as one never become a nocoiner taking profits is a good choice.
Yes, long term is my goal, so again, for those who sold at $73, congrats to all of you for taking profits. And after I said that the price goes down and it had minor correction, it recover again to $70k as of this writing
Yes long term is the goal.But some prefer taking some profit and rebuying during a correction. If it doesn't correct then join the bullish wave since they still have most of their holdings and in time of correction they can add more to their portfolio. There are different strategies that helps, one working doesn't mean the other doesn't Also.There are individuals that $100K isn't even their goal but around the $200K's. HODL is the best approach but only if it is accompanied by Good profit taking strategy.
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Grandpa BTC doing the opposite of what most people think
"BUY" button was staring me right in the face when I woke up. Bitcoin cracked 70k overnight!
After decades of 10% yearly gains, the boomers that bought into the ETFs at 40k must be pumped. 60% in less than two months. And you know what that means - the halving is just around the corner. We're barely over a month away from the daily supply getting cut in half from 900 to 450 BTC. If these whales and ETF funds keep stacking sats like they have been, we're gonna see some wild volatility.
I wouldn't be surprised if we get a few 10k daily candles pretty soon with all this FOMO buying. Can you imagine the rush if BTC pumped 10k in a day? Especially now that regular folks can just buy into a Bitcoin ETF this cycle.
The halving hype is gonna be absolutely insane this time. We're in uncharted territory with all this institutional money piling in before the supply squeeze. Who could have predicted we'd be at these price levels already before the halving even kicks in? Just buckle up, because we're in for one hell of a ride!
- I've been noticing for a few days that the price value of Bitcoin is playing at 69k$-70k$, and it seems very difficult to break the 71k$. We all think we don't know the real reason why. But even so, anytime soon, it can be broken.
Now, if bitcoin happens to pump 10k$ every day, I don't think it's possible, in my opinion. Then it seems like I've never seen anything like that. Every day, Bitcoin's value price increased by 10k$ each day.
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Never crossed my mind to sold at $71k or even $73k. Reason being is that it's not necessary on my part. If there are major reasons like 2 years ago when I sold during the bear market then I will do it this year.
Fortunately for me, there are no compelling reasons, but I wouldn't take it to anyone who sold and make profits especially if you have been accumulating for more than a year and wanted to realized that profits and not just in paper.
And with that, the price goes down in the last 24 hours, now it's $66k. Almost 9% down. So good decision for those who sold at $71k and above.
Wait until the Bitcoin price reaches $100k or $150k at the end of this year, you can sell it if you want, but if you decide to choose Bitcoin as a place for long-term investment then keep holding Bitcoin as long as possible. Don't be afraid when the price of Bitcoin collapses because it is only a slight correction, basically the price of Bitcoin will always experience an increase in price due to very limited supply and increasing demand.
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By far, it dropped at 66k. I feel like 71k or 73k is just the beginning. If it could break through and stay consistent, the price will go crazy. Now it just keeps consolidating.
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- I've been noticing for a few days that the price value of Bitcoin is playing at 69k$-70k$, and it seems very difficult to break the 71k$. We all think we don't know the real reason why. But even so, anytime soon, it can be broken.
That's the resistance level at the moment, and it will surely be difficult to it break out of that. I believe we might need to wait until the halving event to see that happen, and the market might have a small correction before that happens, so we should be ready for that.
Now, if bitcoin happens to pump 10k$ every day, I don't think it's possible, in my opinion. Then it seems like I've never seen anything like that. Every day, Bitcoin's value price increased by 10k$ each day.
$10k every day is $300k in a month, that is unrealistic to think about. If bull run starts and Bitcoin increases even $2k per day, we will see a huge all-time high by the end of the bull run because the market generally stays positive for a couple of years at least before it starts moving down again.
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By far, it dropped at 66k. I feel like 71k or 73k is just the beginning. If it could break through and stay consistent, the price will go crazy. Now it just keeps consolidating.
Well, its $65k now but it looks like it will rising to $67k in the next 1-2 days and I dont think the bitcoin price will break above $70k again for the next few weeks.
Also, I think the bitcoin price after the halving will only be around $60k to $63k ish - I still believe the price will go crazy in 2025/2026, not this year.
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It seems like this is a boost from ETFs where now I myself am also getting ready to welcome a special post-halving surprise. This was unexpected, but I think all holders are happy this time. The potential to get a higher ATH price is still wide open, as long as this is not a prank, then it is certain that the green candlestick will be visible every day until the end of 2024.
The effects of bitcoin ETF has been ended and now this is a time of price correction which turn the price to 65k$ from 73k$ but everyone will be surprise when they see that halving pump the price again and targeted value of everyone is near to achieve.
Although halving is not a prank but still there is no guarantee and is not possible that we will see green candles every day throughout the current year because market volatility will still be there even price cross the ATH or form another ATH.