New ATH is just around the corner

[Findingnemo]

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?

[Strongkored]

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

[EluguHcman]

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

[Mia Chloe]

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.

[kulkhan]

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

[pawel7777]

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.

[yhiaali3]

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.

[Fivestar4everMVP]

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.

[Zed0X]

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.

[JISAN]

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.

[Rengga Jati]

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.

[jay_edwards]

Yes, I also expect good time for altcoins. why not, exactly? BTC also has all chances to reach ATH

[Rubel007]

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.

[AirtelBuzz]

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.

[Findingnemo]

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.