Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Findingnemo on October 29, 2024, 01:17:12 PM
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Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.
So how do you see this?
Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
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Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
In my opinion, more people consider Bitcoin as an investment tool rather than a transaction tool, that's why many choose to hold it for the long term or if there are those who use it as a transaction tool, it's when there are no other options and they sometimes regret using their Bitcoin when the price of Bitcoin goes up or even panic because they haven't had time to take profit but the price of Bitcoin has gone down, even big institutions in my opinion only see Bitcoin as an investment rather than a payment tool that can facilitate transactions
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We are approaching to the verdict of the bull, although there is no particular time to rightfully predict when the bull run would come but nevertheless, I am not surprised about the current market pump as the shadow of the current market condition could be significant of the bull
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Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.
So how do you see this?
Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
Yeah that's quite true. Depending on the price tracking or exchange rate you make use of though, I noticed they usually have little price differences. Anyways I usually make use of coin market cap most of the time since it's one of the most popular reference most people in the crypto space make use of . Anyways as at early this morning, price seemed to be pushing to almost $72k which is way close to our ATH that's actually around $73k.
For those that trade crypto and actually analyse charts, they would likely expect a pull back soon in price though it's not certain to happen chances actually have it that it may based on the fact that a pump in price usually leaves son inefficiencies behind that the market needs to pull back to mitigate.
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Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.
So how do you see this?
Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
Yes Now Bitcoin price is $72900. Exactly on the way of new ATH of Bitcoin history. Now Bitcoin's Position is good any time it will break previous ATH and will creat new Breakthrough for Bitcoin history.
We know First of 2024 that's means in this year Bitcoin halving has been happened and US government approved EFT of Bitcoin. So it has big impact i strongly believe it. And i think either end of this year or begaining of 2025 Bitcoin price will huge increase.
I think within 1/2 days Bitcoin price will touch previous ATH. And it will continue till minimum $85k. But we have to always careful because we know world economy now in danger. Because Ukraine, Russia and Palestine, Israel war. Any time can happen accident. If all were good then we have to prepared to see Bitcoin price $100k
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I see a lot of people mentioning US elections as the reason for today's rally but it doesn't make much sense to me. First of all, I believe most polls are still favouring Kamala to win, and she's less pro-Bitcoin candidate. Second, I can't imagine people actually believing that if Trump wins he will set up some huge federal Bitcoin reserve that will take the price to the moon. All he did was to say some good words about Bitcoin in a clear attempt to pander to the crypto-investors, which are a fairly large group in the US. And I don't think he would even have the power to do that even if he wanted to.
Also, historically he was not very Bitcoin-friendly, so it's hard to believe he had a change-of-heart just before the election. Plus, he won't be running again so will have no incentive to deliver on all pre-election promises.
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Yes, a beautiful green candle for Bitcoin during the past two days and achieving a new ATH, but not too far from the previous one, we also see Bitcoin taking over 60%, which is very optimistic.
Regardless of the reasons, which some believe are related to the US elections, we are now a few days away from the monthly closing, which will have a big impact on the price of Bitcoin. If Bitcoin maintains its rise and closes monthly, it will be the beginning of a new period of time, which could peak at 100K, I hope.
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Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
Bitcoin may get adopted by alot of people, but for me personally, I still will always see bitcoin as an investment opportunity, and this is not for any other reason aside for its volatility in price, i can't imagine myself spending bitcoin on goods and services when I know that Bitcoin I spend today may likely turn out to worth much more tomorrow, I will rather spend fiat and keep my bitcoin as an investment for the future, than spend bitcoin and end up regretting it when the price starts to skyrocket like what we are presently seeing.
Those who held unto their bitcoin since it's creation are billionaires today, the dude who spent 10,000 bitcoins for two papa Jones pizza I am very sure will always regret his action anytime he tries to calculate the current worth of those bitcoins.
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Maybe crypto usage also increased but I still think it's an investment/speculation thing. Whether we like it or not, more people became interested in crypto because of the potential profit. Other than gamblers and some smaller groups, nobody really cares about using a coin or token for payment.
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Oh hoooo... new ATH already hit
Bitcoin price has recently hit a new ATH and is likely to go higher. Because on the one hand, now is the time of bitcoin holobing, on the other hand, the election of Donald Trump, and at the same time Elon Musk's support of Donald Trump. So Bitcoin is being pushed a lot from the political side as well. Because the election is only a few days away. So I think the price of bitcoin is being pushed to attract bitcoin users and gain trust in Donald Trump. But if Donald Trump is indeed elected, it will be much better for Bitcoin.
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Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin. So how do you see this?
I also have the same feeling, we will pass the ETH soon. The highest price of Bitcoin today is $73,620 in Binance. It is very close with the ATH which is about $73,750. If there is no bad news anymore, I think the price of Bitcoin will keep growing. If this happens, we may see the Bitcoin price will pass its ATH in the near future. I assume the target of the current raise should be $75k.
Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
Bitcoin is adopted more by people, it also becomes the favorite investment for people. I think both of them works well, moreover since we have Bitcoin ETF already. I am optimistic Bitcoin adoption will be more massive. But sure, the development of Bitcoin as a digital asset seems more significant.
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Yes, I also expect good time for altcoins. why not, exactly? BTC also has all chances to reach ATH
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Bitcoin is moving towards the new ATH soon. If this uptrend continues, maybe in a few moments we will be able to cross the previous ATH and see an all-time high. Those of us who have been waiting for Bitcoin's bullish movement are about to get their hopes up. There is also a possibility that Bitcoin will touch $80k anytime it crosses the new ATH.
At the moment, the number of investors only focusing on Bull run. Moreover, those who trade in ETFs are also encouraged to invest in the last period of this year. That is why it is possible to see the rapid rise of Bitcoin. If Trump can win the election on the 5th, this bull run will get more momentum which will be able to multiply the level of profit for the investors. Bitcoin is considered as one of the most popular means of investment in recent times.
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Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.
Last night I watched the bitcoin market live and even watched the bitcoin price fluctuate for a long time. After the last night Bitcoin price surged to $73,620, it looked as though Bitcoin price might rise a little more and form a new ATH. After that, the price of Bitcoin has dropped slightly again and is currently at 72 thousand.
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Maybe crypto usage also increased but I still think it's an investment/speculation thing. Whether we like it or not, more people became interested in crypto because of the potential profit. Other than gamblers and some smaller groups, nobody really cares about using a coin or token for payment.
That's true but also there are very limited options to actually use crypto even bitcoin as payments even in 2024. I really want to spend bitcoin on my payments but there's little to nothing here in my country so I have to convert them to fiat or gift cards if I want to spend bitcoin which is inconvenient so I just use credit card for everything. Apart from gambling the cryptos usage for actual purpose is very less hope the new cycle will bring some changes.
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Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.
So how do you see this?
Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
I am also agree with your comment. We know that bitcoin is the best profitable crypto in cryptocurrency market. But sometimes we saw that bitcoin price will remain down in cryptocurrency market. But next time we saw that bitcoin price is increase gradually. So i believe that bitcoin price will hit $80k in this year. If we follow in worldwide, we can see that Iran and Israel war comes near in this time. So i think that when this environment will be normal, then i think that bitcoin price must be increase rapidly.
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Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.
So how do you see this?
Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
Are you asking why BTC is going up and suggesting due to adoption? If that's what you are asking then yeah adoption has motivated BTC and the investors to take part in this upward bullish flow of BTC and the hype of election is also causing the pump BTW I was also stunned to see BTC touching $70k which is a big target for it I mean the start of Uptober is happening at the end of Uptober now let's see what happens in November.
After the election, if Trump wins market will make more pumps, but if he fails, it will dump but not for long time. I see BTC as full bullish and when I see the profits I am making I hardly controls my feelings to sell them and now the word in the market that it will touch $100k even which I think is not possible what do you think?
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Yeaaa, it's almost there. Bitcoin price movement is really fast, even after everything seemed doubtful in early October, everything finally changed in the beginning of the third week until now. even usually the end of the month has started to drop, now the price of BTC is still $ 72,720.
According to CMC, Bitcoin's ATH is $73,750.07, while today's highest price is $72,931.82, approximately -1% from its ATH. This proves that Bitcoin's price movement is very significant and has almost reached ATH. Early November there may be a slight price drop, but I am also sure that it will soon rise again. and surpassing the ATH price in November seems not just a dream, but can really come true with market consistency like this.
https://coinmarketcap.com/currencies/bitcoin/
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Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.
Yes, there's chance that we might see another ATH within a week or two and that ATH might be above $80k if things go well, but there's chance that it might continue breaking the formed ATH's once or twice in month of November because of the US presidential elections.
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Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.
Yes, there's chance that we might see another ATH within a week or two and that ATH might be above $80k if things go well, but there's chance that it might continue breaking the formed ATH's once or twice in month of November because of the US presidential elections.
it’s possible
while i really do not want to put too much importance on the election because people are panicking too much because of it we can not deny that there could be some significant impact the results of the election and what could be the following actions of the elected president when it regards to crypto
will gary gensler be fired? will crypto be regulated? and more policies that could be changed in the next following months
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Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.
So how do you see this?
There's fair amount of chance of new ATH. Although people who mainly use different fiat currency might say new ATH is somewhat far since fiat they use got stronger against USD since last ATH.
Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
I believe most of us already know it's mostly about investment. Only small amount of Bitcoiner use their Bitcoin to pay for goods and services.
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Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.
So how do you see this?
Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
A couple of days ago, when BTC price crossed $73K, I couldn’t sleep and just stayed up waiting for its new ATH. Unfortunately, we couldn’t quite reach a new ATH at that moment. The $73K zone wasn’t a resistance level, but we still saw many people decide to take profits and BTC price dropped back to the $70K zone where it found support.
I believe ATH is coming soon as BTC continues to rally strongly, driven by many catalysts like BTC Spot ETF + US presidential election + FED interest rate cut + the success of stocks of companies accumulating BTC… Anyway, Uptober has been very successful, let’s all welcome Moonvember together ^^
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Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.
Yes, there's chance that we might see another ATH within a week or two and that ATH might be above $80k if things go well, but there's chance that it might continue breaking the formed ATH's once or twice in month of November because of the US presidential elections.
In my opinion for this year Bitcoin may be hard to reach a new ATH at $80k, Unless whales buy Bitcoin in large quantities or maybe there is good news for Bitcoin.
But yesterday's price of $73k in my opinion is already high for this year, we wait for next year if we want to see the price of Bitcoin up to $80k.
Because my calculation after Bitcoin halving yesterday, next year is the time for Bitcoin to go to the Moon.
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In my opinion for this year Bitcoin may be hard to reach a new ATH at $80k, Unless whales buy Bitcoin in large quantities or maybe there is good news for Bitcoin.
But yesterday's price of $73k in my opinion is already high for this year, we wait for next year if we want to see the price of Bitcoin up to $80k.
Because my calculation after Bitcoin halving yesterday, next year is the time for Bitcoin to go to the Moon.
There's still 2 months left till the end of the year and November is historically a month with the highest average (not median) returns. So if the trend continues, we might hit the $80k sometime next month even without any good news.
But in terms of good/bad news, the US elections are just around the corner (Tue next week). The win of Trump could be seen as good news for Bitcoin, while Kamala's win could have some negative impact on the price.
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In my opinion for this year Bitcoin may be hard to reach a new ATH at $80k, Unless whales buy Bitcoin in large quantities or maybe there is good news for Bitcoin.
But yesterday's price of $73k in my opinion is already high for this year, we wait for next year if we want to see the price of Bitcoin up to $80k.
Because my calculation after Bitcoin halving yesterday, next year is the time for Bitcoin to go to the Moon.
There's still 2 months left till the end of the year and November is historically a month with the highest average (not median) returns. So if the trend continues, we might hit the $80k sometime next month even without any good news.
But in terms of good/bad news, the US elections are just around the corner (Tue next week). The win of Trump could be seen as good news for Bitcoin, while Kamala's win could have some negative impact on the price.
bitcoin price is back in the red and experiencing a correction, it seems to be waiting for the US presidential election. If trump wins, it is certain that the bitcoin price will rise again and if trump loses we will see a long correction before the end of the year. Investors are already preparing for all possibilities that will occur.
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So how do you see this?
Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
Both everyday people and companies are adopting Bitcoin, and at the same time, people treat it as an investment opportunity.
There are diverse people and companies who treat Bitcoin as part of their investment portfolio, and others treat it as a technology that they can integrate into their system.
And this keeps happening years after years, so adoption is a slow but steady process.
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So how do you see this?
Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
Both everyday people and companies are adopting Bitcoin, and at the same time, people treat it as an investment opportunity.
There are diverse people and companies who treat Bitcoin as part of their investment portfolio, and others treat it as a technology that they can integrate into their system.
And this keeps happening years after years, so adoption is a slow but steady process.
Yes, that's what we've been observing, many companies are adopting bitcoin technology and integrating it. But I'm not an entrepreneur, I only invest in bitcoin to make a profit. Because I didn't study it. Maybe for those who have knowledge and effort will think so, but not for small investors like me. Bitcoin is the most popular digital technology from other crypto coins so it's natural to be integrated into large companies.
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bitcoin price is back in the red and experiencing a correction, it seems to be waiting for the US presidential election. If trump wins, it is certain that the bitcoin price will rise again and if trump loses we will see a long correction before the end of the year. Investors are already preparing for all possibilities that will occur.
What will occur, would be after today's elections? We will then know what next if we are to see an increase in the price of Bitcoin due to Trump winning the US election or a correction price due to Harris winning. Whichever way, we will get to see that from tomorrow and the upper days to come, of what the fate of Bitcoin will become by the end of this year(increase or decrease)
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After the election, if Trump wins market will make more pumps, but if he fails, it will dump but not for long time. I see BTC as full bullish and when I see the profits I am making I hardly controls my feelings to sell them and now the word in the market that it will touch $100k even which I think is not possible what do you think?
The market struggle for Bitcoin to reach ATH again seems to be now quite heavy. yes. Market conditions when the US President Election launches, still often changes, the price is quite moving quickly, up and down. So that it is still not ascertained properly before the voting number appears and the possibilities of the results of the Election.
Indeed, the news said that if Trump managed to win the Election this time then Ana made the Crypto Market move quickly, the hype was higher if Trump won and would make the Crypto Market rise significantly. It's just that, for how much increase will occur later, it is still difficult to predict and determined. Because even as well as, the market is still struggling to keep up and down the price
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Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
The election is still on-going, but we already know that Trump will win the election hence, we've seen a huge spike towards the price of Bitcoin from around $69,000 just yesterday to now nearly surpassing it's March 2024 ATH of $73,000. I will not be surprised if today, we will see Bitcoin for the first time, reaching $74,000.
Now in terms of adoption, I still believe that we are seeing more and more people that are into Bitcoin or crypto in general. The adoption rate might be slow though for various reasons, but year after year, I think that we are seeing an increase in the number of people that are into crypto. Bitcoin is still an investment thing for most of us though, and I believe there's nothing wrong with it, right?
P.S. Well, a few minutes after I posted this, Bitcoin just surpassed the $74,000. :D Who's excited? ;D ;D ;D
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P.S. Well, a few minutes after I posted this, Bitcoin just surpassed the $74,000. :D Who's excited? ;D ;D ;D
i think we might see it reach higher the more votes are counted trump is leading but not yet declared a winner so i am just wondering what more can bitcoin reach if trump does win? we need to keep being on our feet and get ready anything can happen in the next few hours do not get too excited tho and start selling your properties to buy bitcoin just keep a level head and see what you can do with this new ath
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The market struggle for Bitcoin to reach ATH again seems to be now quite heavy. yes. Market conditions when the US President Election launches, still often changes, the price is quite moving quickly, up and down. So that it is still not ascertained properly before the voting number appears and the possibilities of the results of the Election.
Indeed, the news said that if Trump managed to win the Election this time then Ana made the Crypto Market move quickly, the hype was higher if Trump won and would make the Crypto Market rise significantly. It's just that, for how much increase will occur later, it is still difficult to predict and determined. Because even as well as, the market is still struggling to keep up and down the price
Well Trump won and BTC made new ATH our predictions were right but I am not seeing a sudden pump after him winning I thought market will pump suddenly but I think it's a slow process maybe when Gary resigns or other promises that he will complete then we might see such pumps that will take BTC to $100k.
$100k is not a big target for BTC to touch and I after getting a second opinion from some members here, convinced that BTC will cross $100k easily in this bull run because that's at least what it can do and all matters are in favor of crypto too.
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Yup, we broke he magic $75k barrier and we even went past the $76k according to the Coin Market Cap.
Hopefully we won't see much of a correction after the initial, post-election enthusiasm wears down and we'll continue the way up. That's at least what we should be expecting from the past cycles as well as from the historical monthly profitability charts.
The current volume is very high, CMC shows it to be at $115bn, which I believe is the highest in the history. This means, with a good wind, we could see the price breaking the $80k pretty soon.
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Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.
So how do you see this?
Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
Bitcoin is at an all time high we have seen today. Bitcoin may have touched $73,600 in the past few days but today Bitcoin is above $75,550. Of course investors have increased and the market is going up for investors. Bitcoin's position will gradually improve but is expected to cross $80,000 very soon. Investing is a personal decision of every investor can invest here or wait but the market will definitely be better.
Bitcoin price moves higher on 99 percent chance of Donald Trump's victory in the US election, Bitcoin price will rise even more when it is officially announced. We know that Donald Trump is a crypto supporter and if he wins, cryptocurrency will definitely grow and we can see that. But this season only Bitcoin tie increased while other unique altcoins did not increase at all. Ethereum, the second largest cryptocurrency after Bitcoin, has barely moved in line with Bitcoin's price. We can see that Bitcoin crossed $75,500 but Ethereum did not touch $2,700 where Ethereum investors are very disappointed.
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Yup, we broke he magic $75k barrier and we even went past the $76k according to the Coin Market Cap.
Hopefully we won't see much of a correction after the initial, post-election enthusiasm wears down and we'll continue the way up. That's at least what we should be expecting from the past cycles as well as from the historical monthly profitability charts.
The current volume is very high, CMC shows it to be at $115bn, which I believe is the highest in the history. This means, with a good wind, we could see the price breaking the $80k pretty soon.
Agree with your opinion, bitcoin price will soon break through $80K and remember after ATH is reached usually there will be a correction. We must prepare funds to buy potential coins when the correction occurs.
All the good news we read this time has a positive impact on bitcoin. The new ATH achievement of $76K is the highest at this time and the prediction that bitcoin will reach $100K seems reasonable.
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Yup, we broke he magic $75k barrier and we even went past the $76k according to the Coin Market Cap.
Hopefully we won't see much of a correction after the initial, post-election enthusiasm wears down and we'll continue the way up. That's at least what we should be expecting from the past cycles as well as from the historical monthly profitability charts.
The current volume is very high, CMC shows it to be at $115bn, which I believe is the highest in the history. This means, with a good wind, we could see the price breaking the $80k pretty soon.
Yes, the satisfaction for getting through the 75k mark does leave us quite cheerful and positive. However, this number indicates the great power of the market area especially with the volume at record high for the history. All of us should be glad to find ourselves at this point Now this is a very interesting moment.
With positive momentum you actually start to believe that the possibility of reaching higher levels is soon to be. Assuming a similar kind of strength, it may not be long before the price is in the vicinity of $100k soon and new profit opportunities within a still-sky-high developments arena are created.
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Yup, we broke he magic $75k barrier and we even went past the $76k according to the Coin Market Cap.
Hopefully we won't see much of a correction after the initial, post-election enthusiasm wears down and we'll continue the way up. That's at least what we should be expecting from the past cycles as well as from the historical monthly profitability charts.
The current volume is very high, CMC shows it to be at $115bn, which I believe is the highest in the history. This means, with a good wind, we could see the price breaking the $80k pretty soon.
Agree with your opinion, bitcoin price will soon break through $80K and remember after ATH is reached usually there will be a correction. We must prepare funds to buy potential coins when the correction occurs.
All the good news we read this time has a positive impact on bitcoin. The new ATH achievement of $76K is the highest at this time and the prediction that bitcoin will reach $100K seems reasonable.
We're probably not going to see a correction until January at the earliest. :)
Given the way Trump supporters have been selling us promise after promise that Bitcoin will pump, that all crypto prices will rise and make us richer, you'd expect them to deliver on that promise. (By the way, it's not very relevant, but it's one of the few promises I expect this administration to deliver.)
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With excitement building around Bitcoin, many believe that a new all-time high (ATH) may be on the horizon. Bitcoin's next halving, expected in 2024, will reduce mining rewards from 6.25 BTC to 3.125 BTC per block. Historically, halving has created a supply shortage that, combined with stagnant or rising demand, has contributed to price increases over the next yearMajor financial institutions including blackRock and Fidelity are exploring or launching Bitcoin ETFs and other crypto products. Institutional adoption could bring billions in new capital to the market, potentially increasing demand and supporting higher price levelsBitcoin adoption is growing among retail investors, businesses and even governments. As more people start using and holding Bitcoin for transactions and as a store of value, demand can naturally drive up the priceWhile not guaranteed to reach a new ATH, the alignment of these factors creates a favorable environment for Bitcoin's price to rise in the near future. As always, though, it's imperative that investors approach with a long-term perspective and an awareness of the market's underlying volatility
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Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.
So how do you see this?
Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
this has aged well. I gave you a karma
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So how do you see this?
Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
It becomes so complex to chose amongst the two whether it’s just the investment or it is all about it been adopted by more people thereby resulting in the price skyrocketing. I think both of them are still saying the same thing and one cannot differentiate the two or explain them without saying what’s in both of them in the explanation of one. If a person adopts bitcoin, it becomes an investment when they buy as they wish to make profit from it. So also, when someone comes with the mindset of investing, it becomes and adopted thing for bitcoin. Bitcoin is very in a widely used case as it can be used majorly as a currency for its primary purpose and also for others like investment and ownership of funds for its secondary purpose.
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Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.
So how do you see this?
Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?
Yes Bitcoin is still an investment thing and I think Bitcoin will remain an investment thing as long as the market price of Bitcoin remains volatile.
And if we talk about any big investment in Bitcoin, then I will say that Bitcoin is in bull season now and it will not be wise to invest in Bitcoin. So if someone wants to invest more funds here, then it would be wise to wait until the next bear season. Moreover, if someone wants to adopt Bitcoin only, then he can continue his regular adoption by following the DCA method. Moreover, there is always an opportunity to invest in Bitcoin for those who know well about technical analysis and fundamental analysis.
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And BTC just reach again, another ATH hehehehe
(https://i.ibb.co/LP5FmSH/btc.png) (https://imgbb.com/)
Now the official ATH is 93,742 8) 8) 8)
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Current ATH was $94k. Please check Coinmarketcap: https://coinmarketcap.com/currencies/bitcoin/
Bitcoin has made few times of new ATH in this month. I think it is interesting to know about the possible highest ATH in this month. Will we hit the ATH of $100k in this month? Or we possibly hit $100k for a new ATH in the next month (December)? Well, November is really nice month for Bitcoin price improvement. It is Novembull... :)
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Current ATH was $94k. Please check Coinmarketcap: https://coinmarketcap.com/currencies/bitcoin/
Bitcoin has made few times of new ATH in this month. I think it is interesting to know about the possible highest ATH in this month. Will we hit the ATH of $100k in this month? Or we possibly hit $100k for a new ATH in the next month (December)? Well, November is really nice month for Bitcoin price improvement. It is Novembull... :)
A positive movement in Bitcoin expected in last September and October but did not work. Now November is moving in line with market expectations. We may soon see Bitcoin hit 100k. Although I expected Bitcoin to hit 100K by this week, there is still several days left. Today the market made new ATH and expect it to continue to happen regularly these few days and confident that Bitcoin will definitely cross 100K price within this week or month.
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Current ATH was $94k. Please check Coinmarketcap: https://coinmarketcap.com/currencies/bitcoin/
Bitcoin has made few times of new ATH in this month. I think it is interesting to know about the possible highest ATH in this month. Will we hit the ATH of $100k in this month? Or we possibly hit $100k for a new ATH in the next month (December)? Well, November is really nice month for Bitcoin price improvement. It is Novembull... :)
A positive movement in Bitcoin expected in last September and October but did not work. Now November is moving in line with market expectations. We may soon see Bitcoin hit 100k. Although I expected Bitcoin to hit 100K by this week, there is still several days left. Today the market made new ATH and expect it to continue to happen regularly these few days and confident that Bitcoin will definitely cross 100K price within this week or month.
With bitcoin hitting the current ATH of 94k, 100k is very much achievable before the end of this month. This few days have really been amazing for us, but we still have to remain calm and focused while still observing the price movements. Let's see how this year ends, I am very optimistic that this year will finish well.
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97.7k 8)
WOW, less than 3% to reach 100k :o
I thought it might reach 100k in December, but BTC has accelerated again
The timing is good, there's good news coming from all sides, especially with Trump now being the center of attention with the expectation of being a pro-crypto president
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97.7k 8)
WOW, less than 3% to reach 100k :o
I thought it might reach 100k in December, but BTC has accelerated again
The timing is good, there's good news coming from all sides, especially with Trump now being the center of attention with the expectation of being a pro-crypto president
Now that we are still playing around under 100k on which we are really that moving sideways on which it isnt shocking that the price is really that behaving something like this on which its not that new anymore but this year 2025 is the year on where everyone is really that waiting because this year is where bull run event will happen and this is something that we are anticipating on which we can say that new ATH is indeed around the corner but we do really know that no one really knows on what would be the specific date on when it would happen but at least we do have already the idea on when it will happen but of course dont set your hopes up that too much because that might bring up some disappointment.
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97.7k 8)
WOW, less than 3% to reach 100k :o
I thought it might reach 100k in December, but BTC has accelerated again
The timing is good, there's good news coming from all sides, especially with Trump now being the center of attention with the expectation of being a pro-crypto president
Now that we are still playing around under 100k on which we are really that moving sideways on which it isnt shocking that the price is really that behaving something like this on which its not that new anymore but this year 2025 is the year on where everyone is really that waiting because this year is where bull run event will happen and this is something that we are anticipating on which we can say that new ATH is indeed around the corner but we do really know that no one really knows on what would be the specific date on when it would happen but at least we do have already the idea on when it will happen but of course dont set your hopes up that too much because that might bring up some disappointment.
Bitcoin price hit $108k+ yet we are still waiting for bull run. Although there is no bull run yet according to the previous ATH difference, we cannot expect much more bitcoin price with the amount of bitcoin express. Bitcoin price may go up to $120k after Donald Trump swearing in but don't expect it to go higher in this bull run but during the next halving we can see Bitcoin price above $150k with each new ATH being 2x+ of the previous ATH price This cannot be expected all the time as the ratio will decrease as the expansion becomes
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97.7k 8)
WOW, less than 3% to reach 100k :o
I thought it might reach 100k in December, but BTC has accelerated again
The timing is good, there's good news coming from all sides, especially with Trump now being the center of attention with the expectation of being a pro-crypto president
Now that we are still playing around under 100k on which we are really that moving sideways on which it isnt shocking that the price is really that behaving something like this on which its not that new anymore but this year 2025 is the year on where everyone is really that waiting because this year is where bull run event will happen and this is something that we are anticipating on which we can say that new ATH is indeed around the corner but we do really know that no one really knows on what would be the specific date on when it would happen but at least we do have already the idea on when it will happen but of course dont set your hopes up that too much because that might bring up some disappointment.
Bitcoin price hit $108k+ yet we are still waiting for bull run. Although there is no bull run yet according to the previous ATH difference, we cannot expect much more bitcoin price with the amount of bitcoin express. Bitcoin price may go up to $120k after Donald Trump swearing in but don't expect it to go higher in this bull run but during the next halving we can see Bitcoin price above $150k with each new ATH being 2x+ of the previous ATH price This cannot be expected all the time as the ratio will decrease as the expansion becomes
The bull run is already, though with more higher expectation in the price. With high demands, we might see bitcoin touching the highs of $120k as time goes after the inauguration of Donald Trump. This I did expect before the inauguration day, but seems reverse becomes the case, as the crypto ecosystem works with news and any news that goes against the crypto community, affects the price of Bitcoin and the entire market shares from it.
Before the year 2025 runs out, we could see Bitcoin touching the highs of $150k and probably higher.
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Bitcoin price hit $108k+ yet we are still waiting for bull run. Although there is no bull run yet according to the previous ATH difference, we cannot expect much more bitcoin price with the amount of bitcoin express. Bitcoin price may go up to $120k after Donald Trump swearing in but don't expect it to go higher in this bull run but during the next halving we can see Bitcoin price above $150k with each new ATH being 2x+ of the previous ATH price This cannot be expected all the time as the ratio will decrease as the expansion becomes
Bitcoin hits $100k+, is a clear sign of big bullrun. It is nonsense if there are people who still assume that we aren't in the bullrun season. ;D However, we don't know that Bitcoin already hits the peak price or not. True, it can reach $12ok or above. But I'm personally not really sure that Bitcoin can cross $150k as people said. Yes, it is too high price for Bitcoin in this cycle. Well, it may be the price for the next cycle.
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97.7k 8)
WOW, less than 3% to reach 100k :o
I thought it might reach 100k in December, but BTC has accelerated again
The timing is good, there's good news coming from all sides, especially with Trump now being the center of attention with the expectation of being a pro-crypto president
Now that we are still playing around under 100k on which we are really that moving sideways on which it isnt shocking that the price is really that behaving something like this on which its not that new anymore but this year 2025 is the year on where everyone is really that waiting because this year is where bull run event will happen and this is something that we are anticipating on which we can say that new ATH is indeed around the corner but we do really know that no one really knows on what would be the specific date on when it would happen but at least we do have already the idea on when it will happen but of course dont set your hopes up that too much because that might bring up some disappointment.
Bitcoin price hit $108k+ yet we are still waiting for bull run. Although there is no bull run yet according to the previous ATH difference, we cannot expect much more bitcoin price with the amount of bitcoin express. Bitcoin price may go up to $120k after Donald Trump swearing in but don't expect it to go higher in this bull run but during the next halving we can see Bitcoin price above $150k with each new ATH being 2x+ of the previous ATH price This cannot be expected all the time as the ratio will decrease as the expansion becomes
The bull run is already, though with more higher expectation in the price. With high demands, we might see bitcoin touching the highs of $120k as time goes after the inauguration of Donald Trump. This I did expect before the inauguration day, but seems reverse becomes the case, as the crypto ecosystem works with news and any news that goes against the crypto community, affects the price of Bitcoin and the entire market shares from it.
Before the year 2025 runs out, we could see Bitcoin touching the highs of $150k and probably higher.
There are those people who are really that waiting up for that huge jump in price, but they arent that realizing that Bitcoin is creating that new higher highs when it comes to price movement and come to think that the market does have those corrections or retracement on which this is really that normal. For those who do have that experience towards this market for a while now will be saying up with these words but for those who are just that new and able to experience this bull run on their first then they are expecting some huge jump inside 24 hour period on which we know that this cant really that possible. When you are expecting something then just simply go with the flow and not being that too optimistic.
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Before the year 2025 runs out, we could see Bitcoin touching the highs of $150k and probably higher.
That's for sure. That's the thought of every investor, as this year is perceived as the bull run year for Bitcoin to reach $150k or above before the end of 2025. Many individuals are holding strong to that belief that will soar higher and give many investors their desired profits, just a matter of time.
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Before the year 2025 runs out, we could see Bitcoin touching the highs of $150k and probably higher.
That's for sure. That's the thought of every investor, as this year is perceived as the bull run year for Bitcoin to reach $150k or above before the end of 2025. Many individuals are holding strong to that belief that will soar higher and give many investors their desired profits, just a matter of time.
But now when March was supposed to be a bullish month, it is instead a month of Bitcoin decline.
This is completely manipulation carried out by many parties and of course the goal is to buy at a cheaper price.
Retail traders just panic and then sell their ownership at a low price, Whales will only accommodate them.
There will be times where bulls suddenly occur and then FOMO occurs which makes the Bitcoin price surge reach a new ATH.
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I still think that the bull market is not over and it will continue, but we have to allow for a possibility that the peak of this cycle is already behind us and we're on the way down. The bear markets always creep in unexpectedly, it's not like there will be a big announcement that the peak has been reached and the trend will reverse. Most people will be surprised by that just as they were in the past cycles.
But if the price keeps slowly going up and we move past $92-93k, I'd remain optimistic. But if we stagnate or start going down for another two or three weeks, I'd probably lose my faith in this cycle.
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Before the year 2025 runs out, we could see Bitcoin touching the highs of $150k and probably higher.
That's for sure. That's the thought of every investor, as this year is perceived as the bull run year for Bitcoin to reach $150k or above before the end of 2025. Many individuals are holding strong to that belief that will soar higher and give many investors their desired profits, just a matter of time.
But now when March was supposed to be a bullish month, it is instead a month of Bitcoin decline.
This is completely manipulation carried out by many parties and of course the goal is to buy at a cheaper price.
Retail traders just panic and then sell their ownership at a low price, Whales will only accommodate them.
There will be times where bulls suddenly occur and then FOMO occurs which makes the Bitcoin price surge reach a new ATH.
Truly, the month of March is supposed to be a month for some new highs to be meet, but rather we are seeing reverse of everything. It is still early for conclusions to be made yet, as the market can be spikey in every and any little positive news.
This current market situation is no doubt manipulated, as more investors, countries and crypto enthusiasts are filling up bags with BTCs. These investors know very well how the market works and are using the current situation for their favour, awaiting the next big thing that will happen.
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Funny how things change. The OP started this topic when Bitcoin was trading around $95-96k and he was concerned we might go as low as $85k and fast forward today, everyone is excited that we're back above $85k.
It'll be interesting to see if we can at least hold above this level in the next few days. I've just watched some TA guy predicting ~70% chance of BTC going above $93-94k, then small correction and going up again and ~30% chance of the price going to the mid-low $70k before bull market resumes.
The Fear&Greed is still in Fear, so the sentiment is not yet reversed (which is good).
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Funny how things change. The OP started this topic when Bitcoin was trading around $95-96k and he was concerned we might go as low as $85k and fast forward today, everyone is excited that we're back above $85k.
It'll be interesting to see if we can at least hold above this level in the next few days. I've just watched some TA guy predicting ~70% chance of BTC going above $93-94k, then small correction and going up again and ~30% chance of the price going to the mid-low $70k before bull market resumes.
The Fear&Greed is still in Fear, so the sentiment is not yet reversed (which is good).
And it just shows the nature of Bitcoin market, as it is very volatile and then we have the news that really affected it positively or in a negative way. I also thought that it will not go down below $90k, but here we are today struggling to reach $85k and it seems that it is the biggest barrier for now. But let's see about those predictions, we have seen higher $70k'ish already but not mid to low. And if his prediction is still validated, then we will have to wait for it to happen. Or if it is invalidated yet, then the lowest low for this bull run has been reach and now we are in the period of accumulation before the big parabolic rise happens.
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Funny how things change. The OP started this topic when Bitcoin was trading around $95-96k and he was concerned we might go as low as $85k and fast forward today, everyone is excited that we're back above $85k.
It'll be interesting to see if we can at least hold above this level in the next few days. I've just watched some TA guy predicting ~70% chance of BTC going above $93-94k, then small correction and going up again and ~30% chance of the price going to the mid-low $70k before bull market resumes.
The Fear&Greed is still in Fear, so the sentiment is not yet reversed (which is good).
And it just shows the nature of Bitcoin market, as it is very volatile and then we have the news that really affected it positively or in a negative way. I also thought that it will not go down below $90k, but here we are today struggling to reach $85k and it seems that it is the biggest barrier for now. But let's see about those predictions, we have seen higher $70k'ish already but not mid to low. And if his prediction is still validated, then we will have to wait for it to happen. Or if it is invalidated yet, then the lowest low for this bull run has been reach and now we are in the period of accumulation before the big parabolic rise happens.
Bitcoin is struggling to reach $90k as we can see in the current price action of Bitcoin. I don't think that it's the time for the continuation of bull run because what I am expecting and seeing now it will seek for a liquidity below. My bias is bearish this time since the weekly retracement is not finished, maybe the price will go deeper before the price create a new high.
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It looks like faith might be getting restored, we hit a 6-months high in BTC long positions:
https://www.tradingview.com/news/cointelegraph:376a98eec094b:0-bitfinex-bitcoin-longs-hit-6-month-high-will-btc-price-follow/
(https://www.talkimg.com/images/2025/03/20/00Kll.jpeg)
Is this a good indicator of impending gains? Probably not, but it's good to see some enthusiasm in the market.
As of now, after seeing some positive action earlier today, we're closing the day at a slight loss. Lets see what tomorrow brings.
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Bitcoin is struggling to reach $90k as we can see in the current price action of Bitcoin. I don't think that it's the time for the continuation of bull run because what I am expecting and seeing now it will seek for a liquidity below. My bias is bearish this time since the weekly retracement is not finished, maybe the price will go deeper before the price create a new high.
You have a rather solid reasoning especially given the current state of Bitcoin price which is still more in a precarious pattern which does not indicate it will rise to a higher level. The failure for the price to hit a new high could be traced to an incomplete weekly correction which would imply that the price is yet to be fully ready to touch new heights. The market is never stagnant, and at the moment the selling pressure is clearly more obvious which signifies more bear trend at the short-term period. In the case it drops further then one only gets a feeling that the market structure is trying to ascertain the right level to be in before moving again.
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Bitcoin is struggling to reach $90k as we can see in the current price action of Bitcoin. I don't think that it's the time for the continuation of bull run because what I am expecting and seeing now it will seek for a liquidity below. My bias is bearish this time since the weekly retracement is not finished, maybe the price will go deeper before the price create a new high.
You have a rather solid reasoning especially given the current state of Bitcoin price which is still more in a precarious pattern which does not indicate it will rise to a higher level. The failure for the price to hit a new high could be traced to an incomplete weekly correction which would imply that the price is yet to be fully ready to touch new heights. The market is never stagnant, and at the moment the selling pressure is clearly more obvious which signifies more bear trend at the short-term period. In the case it drops further then one only gets a feeling that the market structure is trying to ascertain the right level to be in before moving again.
Maybe it's because of my long experience in analyzing the market that I can say it's easier to tell who is in control of the market, whether it's sellers or buyers. There are many things to consider, but in my long experience in trading, I only use tools that are really effective in reading the price movement in the market. It's not 100% accurate, but most of the time I'm good in forecasting but not in execution.
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Bitcoin price has fallen by about 2% in the last 24 hours and there is no way to be sure about the current situation. Moreover, when there is high selling pressure in the market, it is naturally unusual to expect high prices. Although Bitcoin has the ability to quickly become bullish at any time, according to the normal trend, Bitcoin price does not have the opportunity to go higher at this time. Of course, we have to wait for some time. If it were the case that Bitcoin price would indicate a big decline in a short period of time, we would still think that it might be time before it becomes bullish. But that is not happening either. Bitcoin is gradually losing its price, which is why it will definitely take time to become bullish again.
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Bitcoin price has fallen by about 2% in the last 24 hours and there is no way to be sure about the current situation. Moreover, when there is high selling pressure in the market, it is naturally unusual to expect high prices. Although Bitcoin has the ability to quickly become bullish at any time, according to the normal trend, Bitcoin price does not have the opportunity to go higher at this time. Of course, we have to wait for some time. If it were the case that Bitcoin price would indicate a big decline in a short period of time, we would still think that it might be time before it becomes bullish. But that is not happening either. Bitcoin is gradually losing its price, which is why it will definitely take time to become bullish again.
We can say that what is happening now with the Bitcoin price is a key to make a new ATH. It is normal for a market to have a retracement because there is a seller even if it is still in an uptrend. As long as the price does not go down below to the previous low, we are still positive that it will continue with its order flow. Because when there is not enough liquidity or let's say demand, it will not be able to make a new ATH because the selling pressure in that area is very strong. To get enough liquidity, sometimes it drops until there is very strong buying pressure and triggers the price to make a new ATH.
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Guys, we are NOT reaching a new ATH any time soon. It seems that the euphoria surrounding Trump's presidency went down a couple of months ago which is contributing to the slump.
Everyone seems to have forgotten about crypto in the news now. (Except for stablecoins but we don't care about them now do we?)
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Guys, we are NOT reaching a new ATH any time soon. It seems that the euphoria surrounding Trump's presidency went down a couple of months ago which is contributing to the slump.
Everyone seems to have forgotten about crypto in the news now. (Except for stablecoins but we don't care about them now do we?)
Donald Trump euphoria seems have been over after bitcoin returning down back under $82k and difficult at short term with new ATH raise, market recently keep stable at lower price and have been several months how difficulty for bitcoin break out above $100k after last ATH price hit to $108k.
Maybe we need new euphoria can make bitcoin hit back to higher price after stuck longer time for bitcoin in lower price, maybe we need until at the middle of this year will bitcoin hit back to higher price to creat new ATH or waiting last year with possibility market recovery.
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Guys, we are NOT reaching a new ATH any time soon. It seems that the euphoria surrounding Trump's presidency went down a couple of months ago which is contributing to the slump.
Everyone seems to have forgotten about crypto in the news now. (Except for stablecoins but we don't care about them now do we?)
You are quite right here to presuppose that the current conditions do not point higher anywhere near the direction. The funds that was originally fixed on the asset seem to be directed elsewhere and it affects the market responses. Whenever there is a lack of a forceful sentiment that can force an increase in the process, it is normal that it slows down or decreases. Sel markets respond to changing activity and such periods have been observed before in several other occasions.
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Guys, we are NOT reaching a new ATH any time soon. It seems that the euphoria surrounding Trump's presidency went down a couple of months ago which is contributing to the slump.
I agree with you. It is unlikely that we may reach a new ATH in the near future. Instead of keep raising, the price of Bitcoin is getting lower. It is not a sign that we probably hits a new ATH. We may have few months of sideways or corrections. Sure, this can be the impact of the end of the euphoria of Trump's win. And this is also probably the impact of some bad news in crypto recently.
Everyone seems to have forgotten about crypto in the news now. (Except for stablecoins but we don't care about them now do we?)
I'm not really sure that people forget the news about crypto. But people may feel doubtful now because there is no altcoins season yet. This also influences their view about the possible new ATH in Bitcoin as well.
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Guys, we are NOT reaching a new ATH any time soon. It seems that the euphoria surrounding Trump's presidency went down a couple of months ago which is contributing to the slump.
I agree with you. It is unlikely that we may reach a new ATH in the near future. Instead of keep raising, the price of Bitcoin is getting lower. It is not a sign that we probably hits a new ATH. We may have few months of sideways or corrections. Sure, this can be the impact of the end of the euphoria of Trump's win. And this is also probably the impact of some bad news in crypto recently.
The price of Bitcoin is still afloat, it's just swinging around $80k to below $80k and back around that same price, at this point, nothing is still certain. Some people have already concluded that the bear market has kicked in but I am optimistic that price could still get to $120k or more before we finally enter the real bearish cycle when price will drop down to even $50k base on my prediction. We might not see price pumping this month or next but probably towards the end of this year, price could start to surge again.