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Author Topic: Will bitcoin all time high record break in 2024  (Read 2300 times)

Online bitterguy28

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Re: Will bitcoin all time high record break in 2024
« Reply #75 on: May 09, 2024, 12:55:56 PM »
It's touched $52k a few minutes ago so what's stopping btc touching all time high soon. If it doesn't make it in Feb who's feeling strong it'll happen later in 2024?
It is already recorded mate last march that we recorded the Highest price of bitcoin so what are we asking here? if you are referring to 100k  price then that is a different thing as we knew that ATH is being recorded each time the price broken .

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Re: Will bitcoin all time high record break in 2024
« Reply #75 on: May 09, 2024, 12:55:56 PM »

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Re: Will bitcoin all time high record break in 2024
« Reply #76 on: May 10, 2024, 11:09:56 AM »
That's right, Bitcoin still has the opportunity to become very expensive due to the influence of very high demand and very limited supply of bitcoin, so it is very possible that bitcoin can increase in price more than you expect if there is good news that can trigger whales to come in and buy more bitcoin.
Do you think the current price isn't very expensive?
What price that can be categorized as a very expensive price?
In my opinion, Bitcoin price is already quite expensive now. It even reached $73k that is for the first time for Bitcoin. Sure, as long as there is an increase on Bitcoin demand, it will raise gradually. However, it should depend on the cycle, Bitcoin price will increase according to the 4 years cycle. Now, it is the time for bullish season, that's why the price is raising quickly. After 2025, the price probably will decrease again constantly. We will begin the new season for bearish anymore.


 

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