Altcoins Talks - Cryptocurrency Forum
Further Discussions => Blockchain Technology => Topic started by: Midexmth on December 11, 2024, 01:40:09 PM
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Does Bitcoin at $100,000 signal a last laugh for HODLers? Politicians are joining the party: Donald Trump is appointing pro-crypto officials, eyeing a Bitcoin reserve and even hawking his own coin
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I would not lie, it feels good to be a bitcoiner, it has always felt good anyway, but right now it feels better that doubters can now see what we have always seen in BTC. I believe next year BTC is going to rise higher than what it is right now, so hold your coins and also spend some of it when you have the chance, because we need to remind people that BTC is also a currency.
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If we will look at the price of Bitcoin during the 2021 when the bull run started, its price ended up in green candle for the 1st quarter. Will it happen this time again? It might be especially now that we have institutions coming in and continuing to buy Bitcoin. Add also the Trump effect which might attract new investors hence, new money as well.
Many here are optimistic towards Bitcoin, and I believe that $100,000 will not be the peak of it. I believe that it will reach as high as $110,000 and even $120,000. If it goes higher, I don't care anymore because at that time, I might've sold all of my Bitcoin already.
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Many here are optimistic towards Bitcoin, and I believe that $100,000 will not be the peak of it. I believe that it will reach as high as $110,000 and even $120,000. If it goes higher, I don't care anymore because at that time, I might've sold all of my Bitcoin already.
I believe it will go higher than $120,000, but i see that you already have your plan drawn out, which is good for you. You plan to sell 'all' your BTC, is that a good idea? I am surely going to sell some of my coins sometime next year, but surely not all of it, i don't like the idea of selling all BTC's that one has.
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Does Bitcoin at $100,000 signal a last laugh for HODLers? Politicians are joining the party: Donald Trump is appointing pro-crypto officials, eyeing a Bitcoin reserve and even hawking his own coin
Politicians coming into the crypto space will have effect on the price of bitcoin and holders will be waiting to see how much of an impact they can have on this token before they decide to sell their tokens at a particular price in time. The fact is that Trump announcing that he’s going to have a bitcoin reserve will help uphold the price of bitcoin at some point range but it doesn’t mean the market will continue to pump and we won’t be seeing a much more bearish market like we’ve seen in the past. News will be a major pusher of the market in either ways, but the truth still remain that hodlers looking to sell in this bull run should take their profits partially or leave them till the next bull run before they take their investment out.
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It is quite expected that after Trump's innovation, Bitcoin will go on its final hyperbolic journey. Or maybe not the final one. Maybe there will be no longer long bear markets if the United States makes Bitcoin a reserve currency? Who knows?
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100k is too small to be a real victory hodlers need far higher closer to 210k by fall of 2025 .
If we don’t get over 200k and fall way back down hodlers will be sorry they did not sell off.