huh that 71k came out of nowhere. did anyone of you guys sold?

[JoyMarsha]

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.

[MUGNIA]

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

[Litzki1990]

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.

[armanda90]

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.

[0t3p0t]

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.

[Learn Bitcoin]

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.

[antonyyu3]

sold at 69k that sell pressure is kind of scary. Even though I feel like it's probably hit 70k

[Shezcute Abbie]

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.

[Charles-Tim]

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.

[XTRAVAGANGA]

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.

[XTRAVAGANGA]

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.

[Mega Mind]

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

[JeydderS]

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?

[JeydderS]

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.

[JeydderS]

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.