Bitcoin Hit $70k For First Time.

[BitMaxz]

Traders is actually making more than those who hold longer because they can sell every time there is a bearish pattern and buy again when bullish meaning they are making more profit percentage than you are holding.

I think it depends on how much the capital to use. If a trader only uses small funds, he won't get significant profits. Although he can get a profit daily but it won't be big profits. It is different with people who hold their coins, most of them probably expect for big profits. They may sell the coins at once, but it will be significant profits. As far as I know, most holders use quite big funds because it is targeted for a long term.

If we have excess capital, we will have the potential to make more money when trading, and when we lose money, we will lose more money.  The more capital you use in trading, the higher the chance of profit and loss, so every trader should have adequate knowledge about trading and then start trading. If we trade in the wrong way with too much capital, we will lose money instead of making money. Whenever we use extra capital and trade wrongly, our losses will be high and we may get frustrated many times because of these losses. So a trader can trade with a relatively small amount of money at the beginning of trading, then when he has enough knowledge about trading, he can use more capital and trade in the right way to make a profit.

It depends on how you trade even if you have small or big capital without knowledge about risk management then you will lose a lot than making a profit.
That is why you need set a trading rule for your self only risk 1% on every trade they called it 1% trading strategy or 1% risk rule meaning you shoundnt risk more than 1% of account capital on a single trade more than that you won't make any profit in trading that is why it needs proper risk management and make sure to analyze the market to place a trade on a good position where you know you can win the trade.
There is no perfect prediction in trading that is why you need to set this rule to be able to be profitable in trading.

[MRY]

Traders is actually making more than those who hold longer because they can sell every time there is a bearish pattern and buy again when bullish meaning they are making more profit percentage than you are holding.

I think it depends on how much the capital to use. If a trader only uses small funds, he won't get significant profits. Although he can get a profit daily but it won't be big profits. It is different with people who hold their coins, most of them probably expect for big profits. They may sell the coins at once, but it will be significant profits. As far as I know, most holders use quite big funds because it is targeted for a long term.

If we have excess capital, we will have the potential to make more money when trading, and when we lose money, we will lose more money.  The more capital you use in trading, the higher the chance of profit and loss, so every trader should have adequate knowledge about trading and then start trading. If we trade in the wrong way with too much capital, we will lose money instead of making money. Whenever we use extra capital and trade wrongly, our losses will be high and we may get frustrated many times because of these losses. So a trader can trade with a relatively small amount of money at the beginning of trading, then when he has enough knowledge about trading, he can use more capital and trade in the right way to make a profit.

It depends on how you trade even if you have small or big capital without knowledge about risk management then you will lose a lot than making a profit.
That is why you need set a trading rule for your self only risk 1% on every trade they called it 1% trading strategy or 1% risk rule meaning you shoundnt risk more than 1% of account capital on a single trade more than that you won't make any profit in trading that is why it needs proper risk management and make sure to analyze the market to place a trade on a good position where you know you can win the trade.
There is no perfect prediction in trading that is why you need to set this rule to be able to be profitable in trading.

Sometimes with this theory we can minimize losses, but you have to know that everyone's economic conditions will definitely be different, especially since many people can read strategies like this, the whales will try to be even more aggressive so that no one can withstand the risks that have been given by them. many people.

[Jamal Aezaz]

To return to the price of $70k of course I doubt it because currently the price of bitcoin is at $63k and it seems like the price of bitcoin will stabilize at that price as long as there is no bad news attacking bitcoin then bitcoin will remain at around $63k.

Actually all the time news does not alter the rate of bitcoin but sometimes there are also other reasons due to which the price of Bitcoin changes. We will just share our predictions about price but we are not such an expert to find out an accurate price dump and pump limits.

70k$ will take time to reach but we don't see the positive effects of halving yet so we have to wait for it and according to estimation we will see a huge pump once more that will be the effects of halving. Bitcoin cannot remain at a single worth so be ready for more fluctuations and take the rewards whenever you find a better duration.

[pacar_tiri]

Actually all the time news does not alter the rate of bitcoin but sometimes there are also other reasons due to which the price of Bitcoin changes. We will just share our predictions about price but we are not such an expert to find out an accurate price dump and pump limits.

70k$ will take time to reach but we don't see the positive effects of halving yet so we have to wait for it and according to estimation we will see a huge pump once more that will be the effects of halving. Bitcoin cannot remain at a single worth so be ready for more fluctuations and take the rewards whenever you find a better duration.

Usually the halving effect will occur when it has passed one year after the halving occurred, as happened with last year's halving, so we have to remain patient to wait for the price of bitcoin to rise again.

[Primo1760]

To return to the price of $70k of course I doubt it because currently the price of bitcoin is at $63k and it seems like the price of bitcoin will stabilize at that price as long as there is no bad news attacking bitcoin then bitcoin will remain at around $63k.

Actually all the time news does not alter the rate of bitcoin but sometimes there are also other reasons due to which the price of Bitcoin changes. We will just share our predictions about price but we are not such an expert to find out an accurate price dump and pump limits.

70k$ will take time to reach but we don't see the positive effects of halving yet so we have to wait for it and according to estimation we will see a huge pump once more that will be the effects of halving. Bitcoin cannot remain at a single worth so be ready for more fluctuations and take the rewards whenever you find a better duration.

Bitcoin once again reached $72,000. But currently re-pumping is definitely following our bull market. Many thought that the market would not recover by 2024, and many thought that the market would reach $100,000 by 2024. But the current re-pumping has got everyone very excited. At the moment I am recovering my investment again in profit but I hope that I will get more success in my investment soon. So you can never lose patience in investing, you must be patient, if you can be patient, you will definitely see profit.

[Captain Corporate]

Hitting it again activated some idle traders obviously. We have peaked as high as 73k if I saw that right, and dropped to 70k, meaning that some people waited until it reached over 70k to sell, and they had some sell orders there ready to be triggered. Thats fine, means that we are getting rid of people with weak hands who are going to end up hurting the market if they were staying. This way we are going to just have buyers and sellers will get lesser and lesser. Let them sell whatever they want to sell, in the we are going to be the ones who are going to win, and we will do a lot better with time for sure.

[Rubel007]

Traders is actually making more than those who hold longer because they can sell every time there is a bearish pattern and buy again when bullish meaning they are making more profit percentage than you are holding.

I think it depends on how much the capital to use. If a trader only uses small funds, he won't get significant profits. Although he can get a profit daily but it won't be big profits. It is different with people who hold their coins, most of them probably expect for big profits. They may sell the coins at once, but it will be significant profits. As far as I know, most holders use quite big funds because it is targeted for a long term.

If we have excess capital, we will have the potential to make more money when trading, and when we lose money, we will lose more money.  The more capital you use in trading, the higher the chance of profit and loss, so every trader should have adequate knowledge about trading and then start trading. If we trade in the wrong way with too much capital, we will lose money instead of making money. Whenever we use extra capital and trade wrongly, our losses will be high and we may get frustrated many times because of these losses. So a trader can trade with a relatively small amount of money at the beginning of trading, then when he has enough knowledge about trading, he can use more capital and trade in the right way to make a profit.

It depends on how you trade even if you have small or big capital without knowledge about risk management then you will lose a lot than making a profit.
That is why you need set a trading rule for your self only risk 1% on every trade they called it 1% trading strategy or 1% risk rule meaning you shoundnt risk more than 1% of account capital on a single trade more than that you won't make any profit in trading that is why it needs proper risk management and make sure to analyze the market to place a trade on a good position where you know you can win the trade.
There is no perfect prediction in trading that is why you need to set this rule to be able to be profitable in trading.

Sometimes with this theory we can minimize losses, but you have to know that everyone's economic conditions will definitely be different, especially since many people can read strategies like this, the whales will try to be even more aggressive so that no one can withstand the risks that have been given by them. many people.

Not everyone has the same strategy for trading. A trader's knowledge cannot be matched by any other trader. Similarly the application of strategy in trading will also differ from one person to another. Risk management is definitely an important factor in trading but if we do not dare to take risks then we will not be able to reach the expected level. Of course, in the field of trading, just as you need to gain knowledge about trading, you also have to take risks at that stage.

[bayu7adi]

Hitting it again activated some idle traders obviously. We have peaked as high as 73k if I saw that right, and dropped to 70k, meaning that some people waited until it reached over 70k to sell, and they had some sell orders there ready to be triggered. Thats fine, means that we are getting rid of people with weak hands who are going to end up hurting the market if they were staying. This way we are going to just have buyers and sellers will get lesser and lesser. Let them sell whatever they want to sell, in the we are going to be the ones who are going to win, and we will do a lot better with time for sure.

It seems like you have so many assets that you claim that you and several people you refer to as "we" are capable of gobbling up sell orders at the $70k level. I still don't mind if someone sells at that price, even though it slows down the bullish pace, but the bounce point this time seems stronger. A few days ago we saw that Bitcoin was at the $56k level, and now it has returned to the $70k level again, which means this is a moment that is not much different from the price movements during the previous halving.

Our task is actually easy, we just hold until a reasonable target price. If it has reached our dream price, sell it and take the profit.

[LUCKMCFLY]

Hitting it again activated some idle traders obviously. We have peaked as high as 73k if I saw that right, and dropped to 70k, meaning that some people waited until it reached over 70k to sell, and they had some sell orders there ready to be triggered. Thats fine, means that we are getting rid of people with weak hands who are going to end up hurting the market if they were staying. This way we are going to just have buyers and sellers will get lesser and lesser. Let them sell whatever they want to sell, in the we are going to be the ones who are going to win, and we will do a lot better with time for sure.

It seems like you have so many assets that you claim that you and several people you refer to as "we" are capable of gobbling up sell orders at the $70k level. I still don't mind if someone sells at that price, even though it slows down the bullish pace, but the bounce point this time seems stronger. A few days ago we saw that Bitcoin was at the $56k level, and now it has returned to the $70k level again, which means this is a moment that is not much different from the price movements during the previous halving.

Our task is actually easy, we just hold until a reasonable target price. If it has reached our dream price, sell it and take the profit.

I think many traders sold at $71k and made profits, I don't think it's bad, for now the price is okay, I don't think it will go down that much, it may stay at $65k - $70k range, it's an acceptable range, It has a good psychological effect, it is suffering a good setback, but I think that this setback is very natural for each market, so there is nothing to be alarmed about, we do not know if this small correction is to gain more strength and break that ATH of $73 k, it would be phenomenal, but let's wait, everything in this life is waiting and being patient, maybe this is what the market is trying to show us.

[Aanuoluwatofunmi]

Anytime from now, we should expect that the bitcoin market hits close to $80,000 or more as we are already on the post bitcoin halving experience for this year which is the fourth phase, also we are expecting to see the market move close to $150,000 by the end of the year as more new all time highs gets uncovered, this is when we need to be more speculative and watch the candles in other not to miss out on our targets on the market price for the season.

[JISAN]

Anytime from now, we should expect that the bitcoin market hits close to $80,000 or more as we are already on the post bitcoin halving experience for this year which is the fourth phase, also we are expecting to see the market move close to $150,000 by the end of the year as more new all time highs gets uncovered, this is when we need to be more speculative and watch the candles in other not to miss out on our targets on the market price for the season.

It is possible for bitcoin to hit $80k and it is possible very quickly but there is no chance of bitcoin price hitting $150k within this year. I don't think there will be an ATH of over $85k this year. Bitcoin is very popular and has a lot of hype on it so I don't think hitting 2x+ current price is possible this year.  Expecting $150k would be overexpectation. we can expect a max of $100k but it's still tough

[akeemqaz]

That was a good day. I was lucky to have paired some Bitcoin with USDT using Bitget's smart portfolio. It took some profit for me and I had to unpair around $71,000. Also, I was able to buy some at a lower price of $65,000 because I wasn't expecting it to go lower than that. But it is what it is.

[Uruhara]

It is possible for bitcoin to hit $80k and it is possible very quickly but there is no chance of bitcoin price hitting $150k within this year. I don't think there will be an ATH of over $85k this year. Bitcoin is very popular and has a lot of hype on it so I don't think hitting 2x+ current price is possible this year.  Expecting $150k would be overexpectation. we can expect a max of $100k but it's still tough

Well I hope bitcoin can at least reach more than $80k this year. And many also estimate above $100k. But this is quite difficult. But it's still possible to happen. Actually seeing bitcoin a few days ago return to $70k was also a surprise. Because it happened quickly. And now the price is slowly decreasing again. So for those who trade and do not invest long term, they must be aware of current market conditions. Because everything becomes more difficult to predict in the short term. But in the long term I am optimistic.

[JISAN]

It is possible for bitcoin to hit $80k and it is possible very quickly but there is no chance of bitcoin price hitting $150k within this year. I don't think there will be an ATH of over $85k this year. Bitcoin is very popular and has a lot of hype on it so I don't think hitting 2x+ current price is possible this year.  Expecting $150k would be overexpectation. we can expect a max of $100k but it's still tough

Well I hope bitcoin can at least reach more than $80k this year. And many also estimate above $100k. But this is quite difficult. But it's still possible to happen. Actually seeing bitcoin a few days ago return to $70k was also a surprise. Because it happened quickly. And now the price is slowly decreasing again. So for those who trade and do not invest long term, they must be aware of current market conditions. Because everything becomes more difficult to predict in the short term. But in the long term I am optimistic.

$80-85k is really doable but $100k is a tough target at this point.  It is quite possible that we will see another bear season in Bitcoin and then the price of Bitcoin will rise to $100k in the next bull market. But if we look at the history of the previous ATH formation, we will see that the previous ATH was several times higher than the subsequent ATH. as such, Bitcoin's ATH this year should be above $100k. But such a glimpse is not visible.  I'm not saying it's impossible to cross $100k this year but it seems very difficult

[Uruhara]

It is possible for bitcoin to hit $80k and it is possible very quickly but there is no chance of bitcoin price hitting $150k within this year. I don't think there will be an ATH of over $85k this year. Bitcoin is very popular and has a lot of hype on it so I don't think hitting 2x+ current price is possible this year.  Expecting $150k would be overexpectation. we can expect a max of $100k but it's still tough

Well I hope bitcoin can at least reach more than $80k this year. And many also estimate above $100k. But this is quite difficult. But it's still possible to happen. Actually seeing bitcoin a few days ago return to $70k was also a surprise. Because it happened quickly. And now the price is slowly decreasing again. So for those who trade and do not invest long term, they must be aware of current market conditions. Because everything becomes more difficult to predict in the short term. But in the long term I am optimistic.

$80-85k is really doable but $100k is a tough target at this point.  It is quite possible that we will see another bear season in Bitcoin and then the price of Bitcoin will rise to $100k in the next bull market. But if we look at the history of the previous ATH formation, we will see that the previous ATH was several times higher than the subsequent ATH. as such, Bitcoin's ATH this year should be above $100k. But such a glimpse is not visible.  I'm not saying it's impossible to cross $100k this year but it seems very difficult

You are right that it is still possible but difficult. And usually before there is a higher increase again, it always begins with a fairly deep decline. And those will not be easy times to survive. But it would be a good time to re-accumulate. And it is true that usually the ATH that is formed is always higher and can even have multiples. It should be expected that more institutions getting involved in bitcoin and ETH will encourage stronger increases. And currently the spot Bitcoin ETF has long been approved, plus the ETH Spot ETF which was also approved yesterday. So I think we just have to wait for the time to see a higher increase. But before that we must also be prepared for corrections that could occur.