Bitcoin Hit $70k For First Time.

[BitMaxz]

I also feel like Bitcoin lately seems to be holding back from passing the new All Time High, are they those who have a lot of Bitcoin or is it a factor of retail traders who are afraid of the price going down if it touches the new ATH?

Well, retail traders, a large group of traders, and investors should be the ones who decide to sell their holdings in order to profit. If you do not sell, you will miss out on the opportunity to profit. As you can see, every time the price touches that area, the buying pressure is low while the selling pressure is high. What do you think they will do next? As a trader, I must sell before the price drops in order to profit, and then buy at a lower price later. 

Take note of the reasons why altcoins drop is because BTC dominates 60%, which is why most altcoins drop, but keep in mind that the altcoin season has not come yet. When that the time comes, the 60% may change.

[kai]

I also feel like Bitcoin lately seems to be holding back from passing the new All Time High, are they those who have a lot of Bitcoin or is it a factor of retail traders who are afraid of the price going down if it touches the new ATH?

Well, retail traders, a large group of traders, and investors should be the ones who decide to sell their holdings in order to profit. If you do not sell, you will miss out on the opportunity to profit. As you can see, every time the price touches that area, the buying pressure is low while the selling pressure is high.

I know you are an experienced member, I want to get complete Bitcoin trading knowledge from you.
selling pressure is high , what you said is where you can see the bar/graphic/chart? Is there a tool that can check selling pressure is high ?

What do you think they will do next? As a trader, I must sell before the price drops in order to profit, and then buy at a lower price later. 

That's right, I have to take profit first than other traders/investors. How to do it, namely by selling immediately at that time.

Take note of the reasons why altcoins drop is because BTC dominates 60%, which is why most altcoins drop, but keep in mind that the altcoin season has not come yet. When that the time comes, the 60% may change.

-BTC dominates 60% , where you can see the bar/graphic/chart for this statement?
-I haven't gotten here yet, my knowledge hasn't gotten here yet. You said that it's not altcoins season yet, so when can this altcoins season be realized? Do you have a suitable benchmark for this altcoins season?

[rizqillah]

I also feel like Bitcoin lately seems to be holding back from passing the new All Time High, are they those who have a lot of Bitcoin or is it a factor of retail traders who are afraid of the price going down if it touches the new ATH?

Well, retail traders, a large group of traders, and investors should be the ones who decide to sell their holdings in order to profit. If you do not sell, you will miss out on the opportunity to profit. As you can see, every time the price touches that area, the buying pressure is low while the selling pressure is high. What do you think they will do next? As a trader, I must sell before the price drops in order to profit, and then buy at a lower price later. 

Take note of the reasons why altcoins drop is because BTC dominates 60%, which is why most altcoins drop, but keep in mind that the altcoin season has not come yet. When that the time comes, the 60% may change.

Latcoin season is likely to happen next year, although bitcoin shows a good increase but altcoin still can't follow bitcoin price. This is the fact that is happening now. Currently bitcoin price is back to $70K, although the US presidential election has not been announced and who will be the winner of the US president, the crypto market shows a good movement.

[satpol_PP]

I also feel like Bitcoin lately seems to be holding back from passing the new All Time High, are they those who have a lot of Bitcoin or is it a factor of retail traders who are afraid of the price going down if it touches the new ATH?

Well, retail traders, a large group of traders, and investors should be the ones who decide to sell their holdings in order to profit. If you do not sell, you will miss out on the opportunity to profit. As you can see, every time the price touches that area, the buying pressure is low while the selling pressure is high. What do you think they will do next? As a trader, I must sell before the price drops in order to profit, and then buy at a lower price later. 

Take note of the reasons why altcoins drop is because BTC dominates 60%, which is why most altcoins drop, but keep in mind that the altcoin season has not come yet. When that the time comes, the 60% may change.

Latcoin season is likely to happen next year, although bitcoin shows a good increase but altcoin still can't follow bitcoin price. This is the fact that is happening now. Currently bitcoin price is back to $70K, although the US presidential election has not been announced and who will be the winner of the US president, the crypto market shows a good movement.

A good movement while waiting for the announcement from the results of the presidential election we must be aware of because after announcement and Trump loses eating we will see the correction and the possibility of the price of bitcoin will drop sharply.
Altcoin season will still occur next year when Bitcoin touches ATH and relative stabil at that time, we will see Altcoin Season. So we should stay calm and wait patiently.

[kai]

I also feel like Bitcoin lately seems to be holding back from passing the new All Time High, are they those who have a lot of Bitcoin or is it a factor of retail traders who are afraid of the price going down if it touches the new ATH?

.......
Take note of the reasons why altcoins drop is because BTC dominates 60%, which is why most altcoins drop, but keep in mind that the altcoin season has not come yet. When that the time comes, the 60% may change.

Latcoin season is likely to happen next year,

What do you mean by Latcoin? Is it included in the coins on the Solana chain? Because I checked it on Coinmarketcap and didn't find any cryptocurrency type with the name Latcoin.

although bitcoin shows a good increase but altcoin still can't follow bitcoin price. This is the fact that is happening now. Currently bitcoin price is back to $70K, although the US presidential election has not been announced and who will be the winner of the US president, the crypto market shows a good movement.

Maybe this is the effect of the competition between Harris and Trump because Trump clearly supports all things in the form of cryptocurrency, including Bitcoin and all its transactions. But I'm not sure if after someone becomes President whether they will still support cryptocurrency or not. Maybe this is good news for Bitcoin but I think Bitcoin will continue to increase in price with 2 possibilities, namely up and down.

[Baki202]

What a Surprise Bitcoin hit $70k for first time in Bitcoin History. What a fantastic moment for bitcoin and cryptocurrency lovers. We saw last ATH in 2021. And then Bitcoin price was $69k. And finally Bitcoin price cross that price and hit new ATH $70k.

I think it happen for Bitcoin sport ETF approval and coming halving programme. I think now we are in Real bull session. It seems near future Bitcoin price will touch $100k. I believe it will happen within short time. I mean it will happen within 2024.

I strongly believe Bitcoin movement is very Positive and within 2025 Bitcoin price will hit $150k early. Do you think that? Everyone tell please your opinion.

Well,70k is really an achievement.
I read earlier march where Bitcoin enthusiasists speculated on Bitcoin reaching 70k by October and I guess that's what we saw based on speculations
And now, what's the speculation all about?100k by early next year.Well I believe that too personally buh I guess we'd wait for the US elections to be over before speculating on dates I guess.

[BitMaxz]

Maybe this is the effect of the competition between Harris and Trump because Trump clearly supports all things in the form of cryptocurrency, including Bitcoin and all its transactions. But I'm not sure if after someone becomes President whether they will still support cryptocurrency or not. Maybe this is good news for Bitcoin but I think Bitcoin will continue to increase in price with 2 possibilities, namely up and down.

Well, Trump said Joe biden is trying to kill Bitcoin and Crypto that's the reasons why Trump is coming back. This is not just good news to BTC but also the whole crypto. Let see this coming year about crypto regulation and exchanges how strict they are I hope to see improvement. For now BTC price reach new ATH due to this news.

[kai]

Maybe this is the effect of the competition between Harris and Trump because Trump clearly supports all things in the form of cryptocurrency, including Bitcoin and all its transactions. But I'm not sure if after someone becomes President whether they will still support cryptocurrency or not. Maybe this is good news for Bitcoin but I think Bitcoin will continue to increase in price with 2 possibilities, namely up and down.

Well, Trump said Joe biden is trying to kill Bitcoin and Crypto that's the reasons why Trump is coming back. This is not just good news to BTC but also the whole crypto. Let see this coming year about crypto regulation and exchanges how strict they are I hope to see improvement. For now BTC price reach new ATH due to this news.

295 Trump Win and 226 Harris Lose I read the news about Donald Trump's victory from the website and got the information from Google. I also saw that Donald Trump's bar graph was red and Harris's was blue. With the news of Donald Trump winning and Bitcoin reaching a new ATH, I'm sure this will continue.
Many experienced members say that the price of Bitcoin in 2025 will exceed the price of 81,000 US dollars, because they say it's a Bullish season and is supported by the victory of Donald Trump who is pro-Bitcoin. I can't imagine if Bitcoin reaches 81,000 USD then the price of altcoins will increase by how many percent. I just guess that the increase in the price of altcoins will be 5x more than now in various markets.

[Jating]

What a Surprise Bitcoin hit $70k for first time in Bitcoin History. What a fantastic moment for bitcoin and cryptocurrency lovers. We saw last ATH in 2021. And then Bitcoin price was $69k. And finally Bitcoin price cross that price and hit new ATH $70k.

I think it happen for Bitcoin sport ETF approval and coming halving programme. I think now we are in Real bull session. It seems near future Bitcoin price will touch $100k. I believe it will happen within short time. I mean it will happen within 2024.

I strongly believe Bitcoin movement is very Positive and within 2025 Bitcoin price will hit $150k early. Do you think that? Everyone tell please your opinion.

Well,70k is really an achievement.
I read earlier march where Bitcoin enthusiasists speculated on Bitcoin reaching 70k by October and I guess that's what we saw based on speculations
And now, what's the speculation all about?100k by early next year.Well I believe that too personally buh I guess we'd wait for the US elections to be over before speculating on dates I guess.

Forget about $70k, we have a new all time high after Donald Trump wins the US election. So now we should be targeting at least $90k at the end of the year because of this news.

For 6 digits, yes, it is also possible now, and the bullish momentum has started already as I have said, we have established a new all time high and this could be just the beginning for Bitcoin and the rest of the crypto to have their prices go up because of the effect of Trump going back to the White House again.

[Ujok]

Latcoin season is likely to happen next year, although bitcoin shows a good increase but altcoin still can't follow bitcoin price. This is the fact that is happening now. Currently bitcoin price is back to $70K, although the US presidential election has not been announced and who will be the winner of the US president, the crypto market shows a good movement.

and after the US presidential election was over and won by donald trump the price of bitcoin soared to $75k this is what is happening now, is this the beginning of bitcoin's success and will bitcoin still soar at the end of 2024? I think this is just the beginning and there will be another price spike at the end of 2024.. because donald trump will fulfill what he said during his campaign and this will be the impact of the increase in the price of bitcoin.

[MrSpasybo]

Forget about $70k, we have a new all time high after Donald Trump wins the US election. So now we should be targeting at least $90k at the end of the year because of this news.

For 6 digits, yes, it is also possible now, and the bullish momentum has started already as I have said, we have established a new all time high and this could be just the beginning for Bitcoin and the rest of the crypto to have their prices go up because of the effect of Trump going back to the White House again.

We're revisiting this topic as BTC hits a new ATH, only to see that we've endured a rather dull 7 months since the previous ATH before the halving. It seems that $70K has now become a solid support for BTC, and we can set our sights on new targets.

Personally, I'm sticking to my prediction that BTC could very well reach $100K in 2024, followed by $150K-$170K in 2025. The potential for FED rate cuts and a new crypto-friendly president could make these expectations a reality. BTC and crypto now have a staunch supporter in the most powerful man in the world.

[LUCKMCFLY]

I will give a little information on the price of Bitcoin as of October 30, 2024 and its value is around 73,464 USD and maybe that is the All Time High of Bitcoin (sorry if I'm wrong). But in just 4 days the value of Bitcoin has lost so quickly because Bitcoin is now priced at around 68,000 USD, in just 4 days minus a price of around 6,000 Dollars.
I see the altcoins market also plummeting very quickly because of the minus Bitcoin which is up to -6,000 USD. I think the price of Bitcoin lately is like an unstoppable Roller Coaster. I'm sure many investors and traders are panicking about the decline in the price of Bitcoin. 4 days is very short and those who have large capital must feel very panicked.

Your analysis is very good, it is undoubtedly one of the best, what you say about the alts is a fact, it is something that is known very well, in fact with the price of BTC falling the alts bleed very quickly, but I think this is a preview of what could happen on November 5, I would say that if Trump wins the price of btc will break its ATH, if Kamala wins then we don't know how much it could go down, we also have to consider that whoever wins the market may do nothing, that is something that is also considered but I doubt it, I am not a politician, but nobody can deny that it is a fundamental.

[kai]

I will give a little information on the price of Bitcoin as of October 30, 2024 and its value is around 73,464 USD and maybe that is the All Time High of Bitcoin (sorry if I'm wrong). But in just 4 days the value of Bitcoin has lost so quickly because Bitcoin is now priced at around 68,000 USD, in just 4 days minus a price of around 6,000 Dollars.
I see the altcoins market also plummeting very quickly because of the minus Bitcoin which is up to -6,000 USD. I think the price of Bitcoin lately is like an unstoppable Roller Coaster. I'm sure many investors and traders are panicking about the decline in the price of Bitcoin. 4 days is very short and those who have large capital must feel very panicked.

.....
but I think this is a preview of what could happen on November 5, I would say that if Trump wins the price of btc will break its ATH, if Kamala wins then we don't know how much it could go down,
.....

Your guess is also very correct because Donald Trump won and the result this morning I saw that Bitcoin has reached 76,100 dollars, and yesterday's All Time High I saw it was 76,890 dollars. I think this is an extraordinary achievement from Bitcoin because this time I also noticed Bitcoin reaching a new All Time High, even though I am new to Bitcoin and I immediately saw ATH in the last few months.
I am also not a politician but I see on various social media and other online news media that the influence of Donald Trump on the increase in the price of Bitcoin is incredibly strong so I am also sure that if Donald Trump wins then Bitcoin will be green and go up, and in fact Bitcoin is not only green and up but has reached the latest All Time High, I give a thumbs up to Donald Trump for his support for Bitcoin.

[smartaction]

Latcoin season is likely to happen next year, although bitcoin shows a good increase but altcoin still can't follow bitcoin price. This is the fact that is happening now. Currently bitcoin price is back to $70K, although the US presidential election has not been announced and who will be the winner of the US president, the crypto market shows a good movement.

and after the US presidential election was over and won by donald trump the price of bitcoin soared to $75k this is what is happening now, is this the beginning of bitcoin's success and will bitcoin still soar at the end of 2024? I think this is just the beginning and there will be another price spike at the end of 2024.. because donald trump will fulfill what he said during his campaign and this will be the impact of the increase in the price of bitcoin.

After the victory of the US President Donald Trump, the price of Bitcoin has started to increase slowly. It is expected that the Bitcoin market will be in a better position than before. Everyone was hoping for the victory of Donald Trump. Because we think that if Donald Trump becomes the President of the United States, the Bitcoin market may be at its previous level.  We can understand that it will be much better than today. Bitcoin crossed $76k today and expect Bitcoin price to reach $80k in few weeks.

[Paragon2]

Latcoin season is likely to happen next year, although bitcoin shows a good increase but altcoin still can't follow bitcoin price. This is the fact that is happening now. Currently bitcoin price is back to $70K, although the US presidential election has not been announced and who will be the winner of the US president, the crypto market shows a good movement.

and after the US presidential election was over and won by donald trump the price of bitcoin soared to $75k this is what is happening now, is this the beginning of bitcoin's success and will bitcoin still soar at the end of 2024? I think this is just the beginning and there will be another price spike at the end of 2024.. because donald trump will fulfill what he said during his campaign and this will be the impact of the increase in the price of bitcoin.

After the victory of the US President Donald Trump, the price of Bitcoin has started to increase slowly. It is expected that the Bitcoin market will be in a better position than before. Everyone was hoping for the victory of Donald Trump. Because we think that if Donald Trump becomes the President of the United States, the Bitcoin market may be at its previous level.  We can understand that it will be much better than today. Bitcoin crossed $76k today and expect Bitcoin price to reach $80k in few weeks.

Everyone expects that.  We can see Bitcoin moving upwards for the past few days and the momentum of Bitcoin has made every investor and trader very happy. The bitcoin market looks so good right now but it would be even better if I could go with bitcoin investing. However, I expect Bitcoin to break above $80,000 and stay in the $85,000 range very soon. We have seen Bitcoin peak at $76,800 but everyone believes that the rise in Bitcoin price is due to Donald Trump's victory. I also believe that the price increase of Bitcoin is due to the victory of Donald Trump, but since Donald Trump is a cryptocurrency supporter, the price is increasing and will increase in the future.