Bitcoin Pump February!! 💹

[Jamal Aezaz]

In the cryptocurrency market, Bitcoin price is increasing after the great month of February 2024 which has caught the attention of all the investors. I have seen that bitcoin price was very low some time ago but now it is increasing rapidly rather green candle is coming in the market. Currently the price of Bitcoin is above $48k dollars and it is on the upswing. Of course in the coming days I think the price of Bitcoin will go to a better position. Since the future half of us will be Bitcoin, the Bitcoin market has more bullish effect on the market and more people are investing right now. I think Bitcoin will touch $50,000 by this week, with the current market position and the desire it's showing, it's sure to reach this point soon.
Can the price of Bitcoin touch 50 thousand dollars within this week?

Yes in current month of this year the price of bitcoin goes higher and higher as from 39k$ it smoothly go upward to touch the higher worth and now it is 49k$ so there is a greater possibility that in current week it will touch the 50k$ of value. We are unaware of future price but as smoothly and actively bitcoin become greener so there is a hope that bitcoin will be acceptable currency in all countries very soon.

This is the highest value attained by bitcoin in current year so may be in coming months there occurs more pump in the worth of bitcoin. Everything happens for a reason so this huge pump is just because of coming halving which is putting positive effects on the price of bitcoin and other altcoins.

[tjtonmoy]

Can the price of Bitcoin touch 50 thousand dollars within this week?

It did and now it is a bit down but still very close to $50k. The market seems to be on an uptrend but I wouldn't call it a full-on bull market. Or maybe I am wrong. Whatever it is, if your initial plan is to hodl, Don't worry about these little things. This kind of thing will happen before halving in order to shift the market's momentum. And when we finally reach the bull market, in order to make it last longer, now people are getting rid of weak hands by pumping it to some extent.

I am not that much familiar with this kind of scenarios but this seems logical to me. I am not your financial advisor, so do your own research before investing or whatever you want to do.

[fillippone]

This bull market is an ETFuphoria, or ETFsteria.

Surely, ETF are gobbling BTC like there's no tomorrow, but looks like a little bit of irrationality to me.
Not surprised if we see a bad move, just because, in the coming days.

[examplens]

This bull market is an ETFuphoria, or ETFsteria.

Surely, ETF are gobbling BTC like there's no tomorrow, but looks like a little bit of irrationality to me.
Not surprised if we see a bad move, just because, in the coming days.

I am of the same opinion. A lot of money has been invested through the ETF and only large fluctuations will help them to return their investment faster.
I'm not a fan of this euphoria.

[bounceback]

Are you checking with current bitcoin price? its so amazing because bitcoin for the first time since crash success raise to $50k and I believe the OP expectation bitcoin pump in February are coming true. Last night its so excited moment with bitcoin success breaking out to the higher price and has potential another higher price for this month.
Hope the era of bullish will consistent until near close halving and bitcoin get chance will return back to the higher price exactly halving one step closer.
I like with bullish moment and more excited when looking my portfolio keep increasing up drastically, hope the bullish moment can be longer time.

[dwyane36]

Are you checking with current bitcoin price?

Yep, the price of BTC has been looking too bullish lately. Honestly, I think the BTC price will be able to reach the previous ATH and update it before the BTC halving happens. Of course, such a scenario will only be possible if there is no bad news in the market and bears don't scare the bulls away because of it.

[bitterguy28]

Bitcoin is currently getting super support from the Bull and so far it can be the month when the bitcoin can breathe through the 50k range to enter a new trend. Some of the important developments are still on the way let's wait for the crypto market to behave. Anyway, I'm quite impressed with the first half of Feb expecting the closing of this year's Feb is gonna be one of the most gained Feb months historically.

It reached 50k already twice mate and now we are assuming that bitcoin will take its next target of 60k and so this will happen in the near future and if this will continue increasing till halving then I can see that we are making an change of season and will have a gaining halving season lol.
this will be the very first time that this will happen.

[SamReomo]

It's good to see Bitcoin pumping and reaching $50k which was done as expected. If Bitcoin continues with such pumping pattern then we can expect it to reach $55k to $60k during the halving event.

I'm sure if Bitcoin can reach $60k during then halving event then it can easily cross it's current ATH in the last quarter of this year. I'm expecting some good pumps of altcoins in coming days and I'm sure that a few coins from top 20 coins will gain some value in upcoming days.

[Hamza2424]

Bitcoin is currently getting super support from the Bull and so far it can be the month when the bitcoin can breathe through the 50k range to enter a new trend. Some of the important developments are still on the way let's wait for the crypto market to behave. Anyway, I'm quite impressed with the first half of Feb expecting the closing of this year's Feb is gonna be one of the most gained Feb months historically.

It reached 50k already twice mate and now we are assuming that bitcoin will take its next target of 60k and so this will happen in the near future and if this will continue increasing till halving then I can see that we are making an change of season and will have a gaining halving season lol.
this will be the very first time that this will happen.

Hmm, My post is from 11th Feb and from the momentum I was expecting it would touch 50k soon but haha what co-incidence it made it on the very next day.

Well this was not for you, I think I'm also quite active even though I'm not frequently making posts on the forum still, I'm quite active in that I really know the market every hour move except while I'm sleeping. Haha never mind but the next target is not 50k we have many further resistance levels, but we haven't made a full-time break through the 50k you can ay it is a kind of pressure testing.

Next target is next ATH haha, but in short term there's still time.

[Agbe]

In the month of February bitcoin price has passed or has reached the All Time High ATH for me. Because I joined the cryptocurrency ecosystem world when bitcoin was at the rate of $42k and now bitcoin price is reading from $48k to $50k this is interesting. Many have predicted $100k and  $250k in the next bull market but nobody knows the exact price of bitcoin in the Bull market. Let's hope the $250+k.

[Don Pedro Dinero]

Hmm, My post is from 11th Feb and from the momentum I was expecting it would touch 50k soon but haha what co-incidence it made it on the very next day.

<...>

Next target is next ATH haha, but in short term there's still time.

As I said in another post, I doubt very much that we will pass the ath before halving, I even doubt that we will pass $60,000. Normally looking at previous cycles we might reach $60,000 or thereabouts but have several ups and downs to start the steep rise months after the halving.

Now we should not get too obsessed, we are in a year that will foreseeably be bullish, but there will be dips in the upward trend. Just keep holding (and buying if you do DCA) and enjoy.

[Fivestar4everMVP]

Well, the price of bitcoin did already reached $50,000 and a little above it, but right now, I think we are in the middle of another major correction which has brought bitcoin back down to around $48,000 at the time of writing this comment.

It is commonly said that when a bull wants to go forward, it's first pull itself backwards, then with that force, it will run forward, I am personally expecting bitcoin to retain and continue its bullish trend as soon as it's done with this correction.

The much anticipated bull run this year and next year will be phenomenal from what I've seen so far, bitcoin starting a bull run with price at or above $50,000 simply means that we might see a new all time high of around $120,000 if not more.

[Hamza2424]

Hmm, My post is from 11th Feb and from the momentum I was expecting it would touch 50k soon but haha what co-incidence it made it on the very next day.

<...>

Next target is next ATH haha, but in short term there's still time.

As I said in another post, I doubt very much that we will pass the ath before halving, I even doubt that we will pass $60,000. Normally looking at previous cycles we might reach $60,000 or thereabouts but have several ups and downs to start the steep rise months after the halving.

Now we should not get too obsessed, we are in a year that will foreseeably be bullish, but there will be dips in the upward trend. Just keep holding (and buying if you do DCA) and enjoy.

Hmm, Got it..

But I was not supporting the comment of 60k next target I know there will be so many Ups and downs still before the 60k for the new ATH I really cant say anything because of how this month performed I doubt that any of the wordic might fail if Bull's keep pushing things like now.

At the same time, for DCA I would at my current price prefer buying the dips as you know DCA is good in the early Bull market and accumulation zone for now  Dips are a good opportunity in my view. Strong hands never lose.

[DaNNy001]

Are you checking with current bitcoin price?

Yep, the price of BTC has been looking too bullish lately. Honestly, I think the BTC price will be able to reach the previous ATH and update it before the BTC halving happens. Of course, such a scenario will only be possible if there is no bad news in the market and bears don't scare the bulls away because of it.

Well I would like to stay positive too on this because we all can see the pace at which the price has been moving and I doubt that anything bad is gonna change the bullish trend. What everyone should do now is to actually hold on tight because what ever nonsense mistake we make now is gonna affect your holdings and if your holdings are shortened then buying back at that particular rate will cost you more so let's all hold and keep positive and I know February might even suprise us more .

[IvugeoEvolutionCoin]

Hmm, Got it..

But I was not supporting the comment of 60k next target I know there will be so many Ups and downs still before the 60k for the new ATH I really cant say anything because of how this month performed I doubt that any of the wordic might fail if Bull's keep pushing things like now.

At the same time, for DCA I would at my current price prefer buying the dips as you know DCA is good in the early Bull market and accumulation zone for now  Dips are a good opportunity in my view. Strong hands never lose.

As you already know, lately Bitcoin price movements have been proven to always increase in price, and there has been no long correction, so it is possible that the next price movement will be a long correction, which might panic traders because Bitcoin price movements should go up and down before touching new ATH.