Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: Gposas on January 06, 2025, 06:29:55 PM
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Most predictions from analyst and speculators are terming this year to be another favorable year for BTC..... Ranging from the effect of Donald Trump's election and inauguration.
Currently, the market is experiencing an uptrend with effect from one of the famous Bitcoin Holding Company, Microstrategy which has began this year with a new purchase of over 1,070 BTC.
This massive purchase has incurred a positive growth on Bitcoin raising it's price to about 102k since it touched it's last ATH.
As time goes on, we'll continue to see a greater price surge from this asset
What are your thoughts?
Read more from link below.
https://cointelegraph.com/news/microstrategy-2025-bitcoin-buy-1k-btc (https://cointelegraph.com/news/microstrategy-2025-bitcoin-buy-1k-btc)
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We are all hoping that soon Bitcoin will make a big breakaway from the support level of $100K...maybe even going beyond the $100K zone before the inauguration of DJT in January 20. Of course, anything can happen Bitcoin can easily go south for flimsy reason and we know that as well. The general mood is slowly getting festive this 1st week of 2025 and I am really wishing that there can also be the alt season coming and that no significant bear season would befall on the industry within this year...we wanna end up 2025 with good notes before heading to another year in 2026. The power and pull of MicroStrategy in influencing the market either up or down is now documented...and we should give a big shout out to Michael J. Saylor and his gang for continually believing in Bitcoin.
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Currently, the market is experiencing an uptrend with effect from one of the famous Bitcoin Holding Company, Microstrategy which has began this year with a new purchase of over 1,070 BTC.
This massive purchase has incurred a positive growth on Bitcoin raising it's price to about 102k since it touched it's last ATH.
With a daily trading volume of around 475,800 BTC, do you expect buying 1,070 BTC to have an impact on the daily price of Bitcoin, let alone the short-term price range?
In general, Microstrategy has an impact on Bitcoin, and to follow it up, it is better to dedicate a topic to it, but with the current Bitcoin volumes, we need more than that.
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Most predictions from analyst and speculators are terming this year to be another favorable year for BTC..... Ranging from the effect of Donald Trump's election and inauguration.
Currently, the market is experiencing an uptrend with effect from one of the famous Bitcoin Holding Company, Microstrategy which has began this year with a new purchase of over 1,070 BTC.
This massive purchase has incurred a positive growth on Bitcoin raising it's price to about 102k since it touched it's last ATH.
As time goes on, we'll continue to see a greater price surge from this asset
What are your thoughts?
January were always bullish if we look at the previous Jan of every bull year we see the first quarter were always bullish and this time market is again repeating itself. These buyings from Microstrategy are making big impact on the price of BTC but today market again dropped by 5% and some are saying its due to the China's pandemic which is not even that big.
There is something else happening right now in the market, although the inflow is good and whales are still accumulating, retail investors are also buying, but why the market dump is suspicious here it can now drop down to $95k or more we need more demand right now.
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Most predictions from analyst and speculators are terming this year to be another favorable year for BTC..... Ranging from the effect of Donald Trump's election and inauguration.
Currently, the market is experiencing an uptrend with effect from one of the famous Bitcoin Holding Company, Microstrategy which has began this year with a new purchase of over 1,070 BTC.
This massive purchase has incurred a positive growth on Bitcoin raising it's price to about 102k since it touched it's last ATH.
As time goes on, we'll continue to see a greater price surge from this asset
What are your thoughts?
Read more from link below.
https://cointelegraph.com/news/microstrategy-2025-bitcoin-buy-1k-btc (https://cointelegraph.com/news/microstrategy-2025-bitcoin-buy-1k-btc)
There have been many purchases then the one made by MSTR but still it is big and combined the purchasing is huge as it indicates the demand is increasing day by day and there are almost 8 countries in line to approve BTC as their national reserve Bhutan and El Salvador has already added and if the one from the USA state (texas) will approve it the path will be streamlined and I am sure on 20th market will be on peak as currently, it was nothing but a bull trap and maybe.
We can see a price below $90k fingers are crossed as the market is highly volatile, but there is nothing to be fear of as this is just the start of a bull run and gossip is maybe a supercycle, but that is impossible.
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And after this news, the price did have a huge retracement again. It went as high as $102k and I thought that it will continue to go up. But there are a lot of pressure as we can't get over that price as it seems there is a big wall in front of us.
And with that happens, usually there will be selling pressures and that's what happen here as the price plunges to $92k right now. Nevertheless, it could be a great signal to buy again and for sure El Salvador is taking advantage of it by at least buying 1 BTC everyday.
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Nevertheless, it could be a great signal to buy again and for sure El Salvador is taking advantage of it by at least buying 1 BTC everyday.
https://cointelegraph.com/news/el-salvador-buys-11-bitcoin-after-imf-loan-deal
From the news I read, the amount of BTC that El Salvador buys daily is 11 BTC according to the agreement with the IMF...
MicroStrategy is indeed brave enough to take this risk, even the amount is certain to continue to grow until it creates a bank... we can see the price increase for every big purchase from MS, but we still don't know when MS will exit the Bitcoin investment and take its profits... it will certainly be a very deep price dump.. They have held more than 447 thousand BTC and their average purchase price is at $58k... this makes us all a little wary if it turns out that MS decides to take all its profits at the current price.
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And with that happens, usually there will be selling pressures and that's what happen here as the price plunges to $92k right now. Nevertheless, it could be a great signal to buy again and for sure El Salvador is taking advantage of it by at least buying 1 BTC everyday.
And this can be the best time to buy Bitcoin and am sure that many big investors are taking notice so soon we can see BTC getting up again towards the $100K fence especially that we are nearing January 20. Just like the famous line - buy the dip -this can be an opportunity not worth ignoring. The only problem I have is the lack of funds to buy more Bitcoin and make more profits later. In my mind, there is no doubt that 2025 will be its oasis year but then again let's just see and observe as this is an asset that is so volatile just like riding an exciting roller-coaster.
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Have we just discovered a cheat code for bumping the price?
Price dips: Make $MSTR buy more Bitcoin.
Extreme fear sets in: Ask $MSTR to buy more BTC
Government regulation: $MSTR buys more BTC.
Every time Microstrategy buys more Bitcoin, the price of it goes up, without it having to do anything else. Not immediately of course, but soon after.
(obligatory /s of course, but if only that were true, then we could erase all bears forever.)
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Currently, the market is experiencing an uptrend with effect from one of the famous Bitcoin Holding Company, Microstrategy which has began this year with a new purchase of over 1,070 BTC.
This massive purchase has incurred a positive growth on Bitcoin raising it's price to about 102k since it touched it's last ATH.
As time goes on, we'll continue to see a greater price surge from this asset
We'll have a domino effect, and this is just one part of it. So many positive effects happened since Trump announced his support, and because of this, we've reached one all-time high to another.
I've read predictions the Bitcoin price will reach $250k this year. I believe its going to happen because of the momentum brought about by Trump's support. I'm excited for the many good news and stories that will come this year 2025.
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With a daily trading volume of around 475,800 BTC, do you expect buying 1,070 BTC to have an impact on the daily price of Bitcoin, let alone the short-term price range?
no it will not be enough alone to move the price of bitcoin higher however it will definitely affect how people view bitcoin and microstrategy a lot of people may get influenced by this move from microstrategy and start seeing how serious the company is with bitcoin other companies may follow suit further improving the general public's perception on bitcoin and importantly all buying soon as well
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Currently, the market is experiencing an uptrend with effect from one of the famous Bitcoin Holding Company, Microstrategy which has began this year with a new purchase of over 1,070 BTC.
This massive purchase has incurred a positive growth on Bitcoin raising it's price to about 102k since it touched it's last ATH.
As time goes on, we'll continue to see a greater price surge from this asset
We'll have a domino effect, and this is just one part of it. So many positive effects happened since Trump announced his support, and because of this, we've reached one all-time high to another.
I've read predictions the Bitcoin price will reach $250k this year. I believe its going to happen because of the momentum brought about by Trump's support. I'm excited for the many good news and stories that will come this year 2025.
Don't you think 1BTC at $250k is kinda far fetched?. I'm shooting for around $150k, but if the USA DOJ decides to sell their BTC off, it'll definitely take some time..
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Yes, it is true that the market has seen some rise in the past few days as a result of Microstrategy buying more than 1070 Bitcoins as you mentioned, but unfortunately this rise did not last long and Bitcoin fell again and is now at $93K.
There are several reasons for this decline, but perhaps the most important is the news that the US government sold $6.5 billion worth of Bitcoins that were confiscated from the “Silk Road” store, this news led to a temporary drop in the price of Bitcoin.
Personally, I think that it is a temporary drop and we will see more strong rises in the coming days as the date of Trump officially taking office approaches.
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Most predictions from analyst and speculators are terming this year to be another favorable year for BTC..... Ranging from the effect of Donald Trump's election and inauguration.
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As time goes on, we'll continue to see a greater price surge from this asset
What are your thoughts?
I guess these analysts are a believer of the 4-year cycle as well, eh? I mean if they believe that what happened in 2021 will happen again this year then they will really come up with a statement like "2025 will be a favorable year for BTC", blah blah blah.
As for Trump's inauguration, I believe him saying that he will pursue his promise that will make Bitcoin a strategic reserve will have a significant towards the market, and that might be the catalyst that we're waiting. If he will not say it, we might see a further dump towards the $90,000 or might go below it. As for Microstrategy, they will continue to buy Bitcoin because they believe in it. When we enter the bear market, that might be the time that they will buy even more Bitcoin. His company is tied with Bitcoin as well so... he's doing it. :D
My thoughts? I guess we all expect that 2025 will be a good year just like what those "analysts" have said, but expect a rough road ahead, and always expect for the worst still. :)
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And after this news, the price did have a huge retracement again. It went as high as $102k and I thought that it will continue to go up. But there are a lot of pressure as we can't get over that price as it seems there is a big wall in front of us.
And with that happens, usually there will be selling pressures and that's what happen here as the price plunges to $92k right now. Nevertheless, it could be a great signal to buy again and for sure El Salvador is taking advantage of it by at least buying 1 BTC everyday.
Yeah, microstrategy, ElSalvador are always buying Bitcoin during the dip, they keep accumulating, may be they aimed to be one of the biggest whales in future.
At certain point on the market, there could be selling pressure especially when there are rumors of massive sales from some of the seized Bitcoin by certain countries who could decide to sell off their Bitcoin.
There may also be speculations, as always on the crypto market, it may be positive or negative to either push the prices up or down for personal gains.
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We'll have a domino effect, and this is just one part of it. So many positive effects happened since Trump announced his support, and because of this, we've reached one all-time high to another.
On the other hand, there is some bad news related to Trump such as accelerating inflation due to tariffs, a stronger dollar means weaker currencies, geopolitical challenges if Trump is really serious about cryptocurrencies. Also, the influence of $MSTR is no longer what it was in the past due to ETFs.
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Yeah, microstrategy, ElSalvador are always buying Bitcoin during the dip, they keep accumulating, may be they aimed to be one of the biggest whales in future.
At certain point on the market, there could be selling pressure especially when there are rumors of massive sales from some of the seized Bitcoin by certain countries who could decide to sell off their Bitcoin.
There may also be speculations, as always on the crypto market, it may be positive or negative to either push the prices up or down for personal gains.
Whales accumulate BTC to sell in the future to make profits, which is completely normal. However, MicroStrategy and El Salvador probably don't belong to that group of simple and pragmatic whales.
At least we have seen that they have never sold BTC, and even continuously bought more BTC for over two years. I don't think their buying power is enough to drive BTC price from $16K to $108K, but they are reducing the supply of BTC on the market, and at the same time strengthening investors belief in the value of BTC and the future of the entire market.
MicroStrategy uses BTC to boost the value of MSTR, while El Salvador uses BTC to attract investment and spending. It seems that they are very successful and there is no big enough reason for them to sell off the BTC they have been diligently accumulating for the long term.
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Whales accumulate BTC to sell in the future to make profits, which is completely normal. However, MicroStrategy and El Salvador probably don't belong to that group of simple and pragmatic whales.
well el salvador having bitcoin as their legal tender most likely means that they are not in it for the short term profit only they really want to build a new financial system in their country with bitcoin being a part of it and they are also looking to recover their economy which their president strongly believes to be helped by bitcoin
they are reducing the supply of BTC on the market, and at the same time strengthening investors belief in the value of BTC and the future of the entire market.
a country and a big, respectable company buying bitcoin legitimizes bitcoin and gives it more reliability for some the confidence of an investor's spikes up knowing other big entities have bought bitcoin as well
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Most predictions from analyst and speculators are terming this year to be another favorable year for BTC..... Ranging from the effect of Donald Trump's election and inauguration.
Currently, the market is experiencing an uptrend with effect from one of the famous Bitcoin Holding Company, Microstrategy which has began this year with a new purchase of over 1,070 BTC.
This massive purchase has incurred a positive growth on Bitcoin raising it's price to about 102k since it touched it's last ATH.
As time goes on, we'll continue to see a greater price surge from this asset
What are your thoughts?
Read more from link below.
https://cointelegraph.com/news/microstrategy-2025-bitcoin-buy-1k-btc (https://cointelegraph.com/news/microstrategy-2025-bitcoin-buy-1k-btc)
Currently, we can see that bitcoin price is increasing gradually in cryptocurrency market. We also know that obviously some reason was including in this position. We also know that famous holding company and microstrategy do effect in this situation. But I don't sure understand of main reason for increase bitcoin price. Most of the crypto users believe that Donald trump also support bitcoin, which will be main reason for increase bitcoin price. But I think that 2025 will be best valuable crypto year for cryptocurrency world.
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But I don't sure understand of main reason for increase bitcoin price.
in my opinion, there is no main specific reason for why is bitcoin increasing i think it is the mix of little bit of everything why bitcoin is increasing we have well expected for bitcoin to do well in 2025 because of the cycle but events like trump endorsing bitcoin and/or companies buying bitcoin or etfs being approved these definitely help as well
Most of the crypto users believe that Donald trump also support bitcoin, which will be main reason for increase bitcoin price. But I think that 2025 will be best valuable crypto year for cryptocurrency world.
not only for bitcoin but other altcoins as well or at least a lot of people are hoping since bitcoin typically set the general mood for the rest of the market people who hold altcoins are hoping they do greatly as much as bitcoin
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But I don't sure understand of main reason for increase bitcoin price.
in my opinion, there is no main specific reason for why is bitcoin increasing i think it is the mix of little bit of everything why bitcoin is increasing we have well expected for bitcoin to do well in 2025 because of the cycle but events like trump endorsing bitcoin and/or companies buying bitcoin or etfs being approved these definitely help as well
Most of the crypto users believe that Donald trump also support bitcoin, which will be main reason for increase bitcoin price. But I think that 2025 will be best valuable crypto year for cryptocurrency world.
not only for bitcoin but other altcoins as well or at least a lot of people are hoping since bitcoin typically set the general mood for the rest of the market people who hold altcoins are hoping they do greatly as much as bitcoin
There are always reasons for Bitcoin/altcoins prices changes, that is, an increase or a decrease over times. As a matter of fact, Bitcoin price increase or decrease is caused by certain factors, and the most common factor is the demand and supply principles. The demand and supply principle are the major factors or reasons for price changes at intervals.
However, based on the blockchain, Bitcoin chain has a usual circle that also affect the demand/supply factors, fortunately, many traders, investors and holders follows and alliened themselves with this circle to determined their long or short term entry positions. With the circle completing within a four years intervals, it is most likely that traders, investors, Holders may take advantage of the circle to plan for their entry and exit strategies which subsequently affect the demand/supply of Bitcoin/altcoins in my opinion.
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The US election has been the main focal point of people to now trade or use in the determination for the market price predictions, well i wont have a second thought over that because it was actually the most trending of the economic event as well as in political aspect, we are expected to be more careful in what we do and how we invest, because we can opt out the prolonged season at any point in time.
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Currently, the market is experiencing an uptrend with effect from one of the famous Bitcoin Holding Company, Microstrategy which has began this year with a new purchase of over 1,070 BTC.
This massive purchase has incurred a positive growth on Bitcoin raising it's price to about 102k since it touched it's last ATH.
With a daily trading volume of around 475,800 BTC, do you expect buying 1,070 BTC to have an impact on the daily price of Bitcoin, let alone the short-term price range?
In general, Microstrategy has an impact on Bitcoin, and to follow it up, it is better to dedicate a topic to it, but with the current Bitcoin volumes, we need more than that.
I think that if Bitcoin price remains on equilibrium price level, at least for a week, a little demand as much as 1070 Btc can make a tangible impacts on the market, just like a supply of about 1070btc can also have impacts.
Demand and supply is the main reason why there are constant changes on the prices of Btc at the slightest intervals on a daily basis. I think is worth commendable on the consistent microstrategy bitcoin purchases and ithe stands, and the understanding of the Bitcoin ecosystem.