BTC hit 100K USD: have you taken your first profit in this uptrend?

[LogitechMouse]

Hehehe, don't regret it, the 109k is ATH so far
Looking back, it seems very easy to understand what happened, but the moment BTC reached its ATH I thought it would go further, to at least 120k

I had set a target price of $110k for Bitcoin take profits at that time, I thought it would reach that number, but it didn't. and even now it is still in that setting. Waiting for BTC to go back up and can really reach that number, which will be one of the price targets that I want to execute to sell some of my Bitcoin percentage, that's enough. And then, waiting and seeing again how the market will shift.

I have an initial take profit of $100,000, but when I saw how fast it went up (November 2024), I decided to increase that to $110,000.

Unfortunately, when the price hits $110,000, I'm out of my computer that's why I didn't sell a portion of my Bitcoin which makes me disappointed a bit. Now that we are far from it already, I will sell whenever it goes back to $110,000 again. I'm one of the many who are waiting for Bitcoin to go up yet again. I guess it seems like $110,000 is a strong resistance as we are seeing big selling pressure at that price. I wonder if Bitcoin will go up to $120,000 despite the lack of liquidity coming in. Most of the liquidity right now are going to meme coins unfortunately.

[vegasus]

I had set a target price of $110k for Bitcoin take profits at that time, I thought it would reach that number, but it didn't. and even now it is still in that setting. Waiting for BTC to go back up and can really reach that number, which will be one of the price targets that I want to execute to sell some of my Bitcoin percentage, that's enough. And then, waiting and seeing again how the market will shift.

109K USD is almost the same as 110K USD, your prediction about the resistance zone was quite accurate! I don't think waiting for BTC price to rise and break through 109K USD to take profit at 110K USD is the right thing to do, you can consider higher targets if BTC price continues to rise in 2025.

Oops, sorry. I meant that I set the $110k back then, when the BTC price increased, but it turned out that at that time the price only reached $109,114.88 for its new ATH, while at that time I had set some of my BTC percentages to take profits at $110k, so I missed the TP at that time. And for the future, I will still monitor how the BTC price develops. When it starts to go up again and bullrun again, it seems that the race to enter the new ATH if it has passed $109k, it will be much faster. That's why, now, I cancel the TP at that number and monitor the price development first.

[yohananaomi]

I had set a target price of $110k for Bitcoin take profits at that time, I thought it would reach that number, but it didn't. and even now it is still in that setting. Waiting for BTC to go back up and can really reach that number, which will be one of the price targets that I want to execute to sell some of my Bitcoin percentage, that's enough. And then, waiting and seeing again how the market will shift.

109K USD is almost the same as 110K USD, your prediction about the resistance zone was quite accurate! I don't think waiting for BTC price to rise and break through 109K USD to take profit at 110K USD is the right thing to do, you can consider higher targets if BTC price continues to rise in 2025.

Oops, sorry. I meant that I set the $110k back then, when the BTC price increased, but it turned out that at that time the price only reached $109,114.88 for its new ATH, while at that time I had set some of my BTC percentages to take profits at $110k, so I missed the TP at that time. And for the future, I will still monitor how the BTC price develops. When it starts to go up again and bullrun again, it seems that the race to enter the new ATH if it has passed $109k, it will be much faster. That's why, now, I cancel the TP at that number and monitor the price development first.

I think you did the right thing to cancel the TP that you had previously made because the chance of it increasing more than that is very possible, and it is appropriate for you to continue to monitor its current movement where it is still under correction and there is always a possibility that it will reach the value that was previously made, but then it will correct again, because the situation seems to be heading towards a trend like that for the next few moments.

[dave_strider]

Oops, sorry. I meant that I set the $110k back then, when the BTC price increased, but it turned out that at that time the price only reached $109,114.88 for its new ATH, while at that time I had set some of my BTC percentages to take profits at $110k, so I missed the TP at that time. And for the future, I will still monitor how the BTC price develops. When it starts to go up again and bullrun again, it seems that the race to enter the new ATH if it has passed $109k, it will be much faster. That's why, now, I cancel the TP at that number and monitor the price development first.

Good luck conquering the next wave of the rally!

I do think it may be faster next time due to many factors playing their roles, however, we don't need it when they will start falling down like dominos..

[sampoerna]

Look at the market right now. After a few days the market was hit by a red color in most coins, and there was a lot of FUD saying that BTC would drop below $90k, but this time, the market is starting to improve. BTC has even started to be above $98k again. That's why, this is what we always say to those who easily panic and sell with cut loss. That is: be patient, don't panic. The BTC market is always like that, there are times when it will all drop for a certain period of time, but believe me, as long as the bull run is still going on, there will be another increase and it only takes determination to hold the coins tight. Moreover, the altcoin season has not started yet, so calm yourself down and make sure that the coins we store are indeed valuable coins.

[Bobcrypto]

I still keep bitcoin in my wallet even though I sold some bitcoin because I plan to buy some altcoins again when there is a decline like now, the bull market has not reached the top so we still have the opportunity to buy potential coins that we like.
your way is right by selling bitcoins and storing them in USD to buy back when the price drops, I do it too.

To be honest, I am kind of afraid of seeing the current market movement. The altcoins are dumping hard, yet I do not dare to buy more alts at this point. This time, the market behaviour is kind of awkward to me. We are supposed to see an alt season once Bitcoin makes a new ATH and stays above the 100K price range for a while.

Bitcoin reached 100K multiple times, but we haven't seen much development on the altcoin market. Even a token like ETH did not managed to break it's previous ATH. Bitcoin still dominating the market.

The situation on the market is the Bitcoin continueous control over altcoins, that is, dominance rate. Altcoin market depends on the bitcoin dominance rates, there is obvious indication that investors has been pushing funds into Bitcoin over riskier assets, this is clear why altcoins has continued to bleed.
As a trader or Investor, it is most appropriate to trade or invest on the Bitcoin trends on a Short term. I think that many investors are entering the Bitcoin market on the short term level, selling at certain price renge, most likely between $98.4k to $102k price renge, and buying back between $90k to $92.4k support level. In fact, $102k has remain a strong resistance level for a long period.

[babo]

This is a pure and simple phase of accumulation before the final explosion gentlemen
Bitcoin at the moment is lateralizing..
Some time ago i had made a bot who would have made a lot of money at this stage, too bad that understanding when it ends is a problem (and they are pain)
and when lateralization phase finish lost everything (on paper of course)

[dave_strider]

This is a pure and simple phase of accumulation before the final explosion gentlemen
Bitcoin at the moment is lateralizing..
Some time ago i had made a bot who would have made a lot of money at this stage, too bad that understanding when it ends is a problem (and they are pain)
and when lateralization phase finish lost everything (on paper of course)

Sideways movement should turn into an upward one in no time.
2025 is the year for it to happen, in my opinion, we just need to be patient.

[vegasus]

Oops, sorry. I meant that I set the $110k back then, when the BTC price increased, but it turned out that at that time the price only reached $109,114.88 for its new ATH, while at that time I had set some of my BTC percentages to take profits at $110k, so I missed the TP at that time. And for the future, I will still monitor how the BTC price develops. When it starts to go up again and bullrun again, it seems that the race to enter the new ATH if it has passed $109k, it will be much faster. That's why, now, I cancel the TP at that number and monitor the price development first.

I think you did the right thing to cancel the TP that you had previously made because the chance of it increasing more than that is very possible, and it is appropriate for you to continue to monitor its current movement where it is still under correction and there is always a possibility that it will reach the value that was previously made, but then it will correct again, because the situation seems to be heading towards a trend like that for the next few moments.

Yes, because I think if the previous ATH was around $109k, then the next ATH if it happens, it will go up and pass $110k. Therefore, it is better to reset the target price to set TP. It makes more sense if maybe at $115k first for some of the TP. But yes, the market is very difficult to predict. even now there is a new FUD related to the crypto hack in the Bybit exchange. so that will also delay the process of the uptrend market to reach a new ATH again.

[KryptoBull]

This is a pure and simple phase of accumulation before the final explosion gentlemen
Bitcoin at the moment is lateralizing..
Some time ago i had made a bot who would have made a lot of money at this stage, too bad that understanding when it ends is a problem (and they are pain)
and when lateralization phase finish lost everything (on paper of course)

I also hope that this is just a period of re-accumulation before we return to the uptrend. However, I still follow my risk management principles and take profits in parts at the defined targets, for example 100K - 125K - 150K

Predicting the market is a difficult task for everyone, especially an inexperienced investor. That is why I use RDCA to not miss the opportunity to take profits.

[bounceback]

I also hope that this is just a period of re-accumulation before we return to the uptrend. However, I still follow my risk management principles and take profits in parts at the defined targets, for example 100K - 125K - 150K

Predicting the market is a difficult task for everyone, especially an inexperienced investor. That is why I use RDCA to not miss the opportunity to take profits.

Right moment for accumulating bitcoin right now because downtrend moment and price under $100k, I believe during have been more than one month bitcoin keep going down with possibility recovering back above $100k.
During bitcoin not break yet above $100k don't be scare for accumulating as many possibility for bitcoin investment, just wait next quarter or one until two months later have opportunity again for bitcoin will return back to higher price and hit again new ATH price after last higher price until $108k.

[Baofeng]

I also hope that this is just a period of re-accumulation before we return to the uptrend. However, I still follow my risk management principles and take profits in parts at the defined targets, for example 100K - 125K - 150K

Predicting the market is a difficult task for everyone, especially an inexperienced investor. That is why I use RDCA to not miss the opportunity to take profits.

Right moment for accumulating bitcoin right now because downtrend moment and price under $100k, I believe during have been more than one month bitcoin keep going down with possibility recovering back above $100k.
During bitcoin not break yet above $100k don't be scare for accumulating as many possibility for bitcoin investment, just wait next quarter or one until two months later have opportunity again for bitcoin will return back to higher price and hit again new ATH price after last higher price until $108k.

Yeah, it keeps on $93k-$98k swing, and I think it is still very low and we can still go buy at that current price. Maybe this month is going to be very slow for us. And so it's a good time to accumulate and buy.

There are predictions that March could be the start of the bull run again, so in any case this month is very effective to buy and save and just be a HODLer.

[dave_strider]

Yeah, it keeps on $93k-$98k swing, and I think it is still very low and we can still go buy at that current price. Maybe this month is going to be very slow for us. And so it's a good time to accumulate and buy.

There are predictions that March could be the start of the bull run again, so in any case this month is very effective to buy and save and just be a HODLer.

The first half of the 2025 should be slow, in my opinion, imo, the future months would be the retest of the 100k+ zone.
We need to live through it and see something that would break the current way of things, I do think that the reserves would be that thing, but they are not as fast as we probably thought it would.

[KryptoBull]

Right moment for accumulating bitcoin right now because downtrend moment and price under $100k, I believe during have been more than one month bitcoin keep going down with possibility recovering back above $100k.

During bitcoin not break yet above $100k don't be scare for accumulating as many possibility for bitcoin investment, just wait next quarter or one until two months later have opportunity again for bitcoin will return back to higher price and hit again new ATH price after last higher price until $108k.

I've been pondering this too, and many big companies are actively buying BTC while it's under 100K. However, after taking profits on BTC at 100K, I don't plan to buy back at 80K or 90K, I'm not a skilled day trader. I'll buy BTC when it's in the accumulation zone during the 2027 crypto winter.

Altcoins are capturing my attention more, many tokens are priced very low, similar to 2022 & 2023. I have enough BTC and want to earn some extra profit from altcoins in the upcoming uptrend.

[dave_strider]

I've been pondering this too, and many big companies are actively buying BTC while it's under 100K. However, after taking profits on BTC at 100K, I don't plan to buy back at 80K or 90K, I'm not a skilled day trader. I'll buy BTC when it's in the accumulation zone during the 2027 crypto winter.

Altcoins are capturing my attention more, many tokens are priced very low, similar to 2022 & 2023. I have enough BTC and want to earn some extra profit from altcoins in the upcoming uptrend.

Don't you currently want to accumulate more BTC than these alts?

We may go eve lower, and then alts would feel these moves on the market even more than the BTC itself, live waves in the ocean..