Bitcoin has hit $104000, a new ALL TIME HIGH

[laijsica]

Bitcoin continues to break new records with $104000 mark still counting. I am so excited because many who said Bitcoin was a bubble ready to burst has now been put shame. What a marvelous milestone for BTC after so many doubt about it's potential.
Now, it looks certain that $150000 is loading and i think people who were critical about the Bitcoin capacity, especially as a hedge against inflation may have a rethink.

This great race for Bitcoin to increase in value has become another milestone for its holders and can make it even more exciting for newcomers to invest. It is onloaded and more rewards can be expected for market enthusiasts in the midst of price fluctuations.
If you have been a Bitcoin holder since January, your capital has already increased by 120%, which is likely to increase further over time. Each cycle can become a potential fixed asset for bitcoiners to get more profits and if you can save for retirement for the long term, it can be even better because Bitcoin credibility with surrounding assets has increased.

[JISAN]

Bitcoin continues to break new records with $104000 mark still counting. I am so excited because many who said Bitcoin was a bubble ready to burst has now been put shame. What a marvelous milestone for BTC after so many doubt about it's potential.
Now, it looks certain that $150000 is loading and i think people who were critical about the Bitcoin capacity, especially as a hedge against inflation may have a rethink.

$104088 is the highest price in Bitcoin history which sets a new record. Bitcoin price has been hovering around 90 thousand for a while now we all could have guessed that Bitcoin price would cross one hundred thousand dollars but I was not at all prepared to see one happen so quickly.  I woke up in the morning and saw a message in my Facebook group about Bitcoin, then I immediately visited the market and was shocked to see the price of Bitcoin.  Yes everyone has expectations for the next bitcoin price to hit $150k but no one knows how long it will take to hit it.

[yhiaali3]

Yes, these are happy days for the Bitcoin community, Bitcoin has managed to cross the psychological $100K mark after failing the first time.

I am curious to know how those who were screaming that Bitcoin is a bubble, Bitcoin is a Ponzi scheme, Bitcoin is dead, etc. feel, they must be in great shock these days when they see these amazing numbers for Bitcoin.

I hope we see $150K soon at the beginning of the new year.

[Bobcrypto]

I'm not sure about the hedge against inflation thing the OP has mentioned. Bitcoin seemed to fail at that, as it's not perceived as a stable store of value (i.e. to how the gold is), but that's probably a good thing, at least in terms of the expected ATH.
The cycle top at $150k is a reasonable expectation, and if Trump delivers on his promise to create the strategic Bitcoin reserve, we could go much higher than that.

Mate, if we come to get a good understanding of an inflation hedge, you may agreed with me or be sure that Bitcoin is absolutely a hedge against inflation which the faits are lacking because of many factors like governments monetary policies and others of a country.

Now, on the economic point of view, an inflation hedge is an investment that protects investors from the declining purchasing power of Fiats against inflation overtimes. In a nutshell, fiats are bound to experience huge decline due to many factors like government monetary policy but bitcoin as a decentralized digital asset, has no effect of the governments monetary or financial policies.
Again, Bitcoin can maintain constant demand with it's limited supply, and it's increase or decrease can only be determined by the growing numbers of the community at certain periods world wide.
However, If you are not clear on how Bitcoin is an inflation hedge economically, I hope to throw my light.

[pawel7777]

Mate, if we come to get a good understanding of an inflation hedge, you may agreed with me or be sure that Bitcoin is absolutely a hedge against inflation which the faits are lacking because of many factors like governments monetary policies and others of a country.

Now, on the economic point of view, an inflation hedge is an investment that protects investors from the declining purchasing power of Fiats against inflation overtimes. In a nutshell, fiats are bound to experience huge decline due to many factors like government monetary policy but bitcoin as a decentralized digital asset, has no effect of the governments monetary or financial policies.
Again, Bitcoin can maintain constant demand with it's limited supply, and it's increase or decrease can only be determined by the growing numbers of the community at certain periods world wide.
However, If you are not clear on how Bitcoin is an inflation hedge economically, I hope to throw my light.

To have an effective hedge, the hedge instrument should have an inverse correlation with the element you're hedging against. This is not quite true for Bitcoin.
Bitcoin, so far, tends to appreciate in value over time, making it a good long-term investment, but the price moves according to 4-year cycles, meaning a years-long bear markets are expected. And if you're an individual or business looking to secure your liquidity from high inflation, holding an asset that keeps dropping in value while the inflation keeps getting higher is not really doing the trick, is it?

[Crwth]

We are currently staying at an incredible range: between 100,000 and 120,000. I hope it does, and I want to see how much people would be willing to accept it as a great asset and hedge against dollars because of inflation.

[MUGNIA]

I'm not sure about the hedge against inflation thing the OP has mentioned. Bitcoin seemed to fail at that, as it's not perceived as a stable store of value (i.e. to how the gold is), but that's probably a good thing, at least in terms of the expected ATH.
The cycle top at $150k is a reasonable expectation, and if Trump delivers on his promise to create the strategic Bitcoin reserve, we could go much higher than that.

Hopefully what Trump said will come true, even though it is impossible to make Bitcoin a hedge against inflation, at least the existence of Bitcoin and its support by Trump is a positive thing for the value of BTC itself.

[Jujuboy]

Yes 104k it's really impressive, all am waiting for now is for BTC to close the year around 125k, and I feel like 150k is also achievable especially with the acceptance BTC have been gain

[Freemind]

Before reaching $150,000, some time must still pass and several corrections are necessary to continue on that path. But yes, I think the environment is unbeatable and barring some serious problem in the market, the amount stated in the title could be reached in not long. What I enjoy most now is thinking about everyone who thought this was impossible, I would pay to see some faces. On the other hand, I think that assuming that the new minimum is $100,000 will not help us, the resistances can vary in a very short time.

[0t3p0t]

Bitcoin continues to break new records with $104000 mark still counting. I am so excited because many who said Bitcoin was a bubble ready to burst has now been put shame. What a marvelous milestone for BTC after so many doubt about it's potential.
Now, it looks certain that $150000 is loading and i think people who were critical about the Bitcoin capacity, especially as a hedge against inflation may have a rethink.

If it is really a bubble then why Microstrategy, El Salvador, Bhutan, Putin and Trump embrace it? Are these influencial people/institution willing to lose their reputation just to be part of this revolutionary currency? Just don't listen to those random people who talk shit about crypto though they might be correct at one point but one thing is for sure, they missed the opportunity to achieve more than just a financial freedom.

[vegasus]

Yes, these are happy days for the Bitcoin community, Bitcoin has managed to cross the psychological $100K mark after failing the first time.

I am curious to know how those who were screaming that Bitcoin is a bubble, Bitcoin is a Ponzi scheme, Bitcoin is dead, etc. feel, they must be in great shock these days when they see these amazing numbers for Bitcoin.

I hope we see $150K soon at the beginning of the new year.

Of course we are very happy with this achievement. We have been waiting for the $100k milestone for quite a long time. and finally $100k has really been achieved. and now we are waiting for another milestone. and with ATH ii, I am sure we can still open another new ATH, it's just a matter of time.

[bitterguy28]

Of course we are very happy with this achievement. We have been waiting for the $100k milestone for quite a long time. and finally $100k has really been achieved. and now we are waiting for another milestone. and with ATH ii, I am sure we can still open another new ATH, it's just a matter of time.

well we can be optimistic as there are still three more weeks before the year ends and considering how fast bitcoin get from one price to another i would not be surprised if we close the ath this year for at least $110k USD that will be such a huge feat and would serve as a good foundation as we step into next year

if we reach $110k this year most likely we will reach $120k or more next year but let us see we might be wrong and it may be even higher

[MrSpasybo]

well we can be optimistic as there are still three more weeks before the year ends and considering how fast bitcoin get from one price to another i would not be surprised if we close the ath this year for at least $110k USD that will be such a huge feat and would serve as a good foundation as we step into next year

if we reach $110k this year most likely we will reach $120k or more next year but let us see we might be wrong and it may be even higher

In previous cycles, BTC prices often had a breakout in the 6th to 10th month after the halving, and we're seeing this in this cycle as well. I'm not at all surprised that BTC successfully conquered $100K in 2024, even though many KOLs said that $100K could only be a target for 2025 or that BTC would never be able to reach $100K. I've predicted this possibility in many of my comments/topics on AltcoinsTalks ^^

For now, I hope that BTC price will continue to consolidate and adjust slightly above $90K, pushing the flow of funds into ALTs. We really need an altseason to cool down the price increase of BTC in order to have a longer and larger bullrun.

[_act_]

Bitcoin continues to break new records with $104000 mark still counting. I am so excited because many who said Bitcoin was a bubble ready to burst has now been put shame. What a marvelous milestone for BTC after so many doubt about it's potential.
Now, it looks certain that $150000 is loading and i think people who were critical about the Bitcoin capacity, especially as a hedge against inflation may have a rethink.

We cannot be disappointed in bitcoin ones we always know our way round the market trends, even while we are at this bullrun and all time high, some were still running lose because they couldn't maintain a cause at the trade they are doing, because the market is more volatile and the more we are running after it we may continue to lose on the target we are setting over it, that is why we must have a risk control measure to help in this regard.

[MRY]

well we can be optimistic as there are still three more weeks before the year ends and considering how fast bitcoin get from one price to another i would not be surprised if we close the ath this year for at least $110k USD that will be such a huge feat and would serve as a good foundation as we step into next year

if we reach $110k this year most likely we will reach $120k or more next year but let us see we might be wrong and it may be even higher

Indeed, Bitcoin price has the potential to reach $110k, but it seems like it won't happen this year. We can set high targets to motivate, but the most important thing is how we manage each step well to maintain emotions and assets well. Whatever the results later, the main thing is how we continue to move forward with a strategy that can provide many benefits in the future.

We cannot be disappointed in bitcoin ones we always know our way round the market trends, even while we are at this bullrun and all time high, some were still running lose because they couldn't maintain a cause at the trade they are doing, because the market is more volatile and the more we are running after it we may continue to lose on the target we are setting over it, that is why we must have a risk control measure to help in this regard.

Unfortunately, the current Bitcoin price condition has again fallen and have affected other coins in the process. Each of us understands that the sphere of trading implies time and possibility to face various changes which exist like, for example, the current market. If every now and then, we take time and look at how far we have come, of course we should be very thankful. It means that there is always a lesson in moving from one level of trouble to another while in life, and thus while we are making those plans, we will be better equipped with what is really coming next. Keep on holding the notion that every single action will direct us to more enhanced outcomes.