Topic: $90k is hit! - page 3. (Read 494 times)

Bitcoin movement since we entered November has been impressive and it got everyone mute for a very long time even as we post everyday it keeps getting higher, some are still shocked at what they're seeing. Some members said Bitcoin price will get to $90k before the end of this month (I said that too) but things are changing each time we speculate on what will happen next. At some point I had this feeling that Bitcoin can't get to $100k before the end of this year but from what I'm seeing I think we might see something bigger than $100k before December, I don't know but base on how fast the market price is going it can be possible and we might loss count of the ATH.

The wrong thing for most people is that on the moment that they've seen Bitcoins price is pumping then this is where they would really be starting on trying out to accumulate and they are really that doing something when it isnt really that still pumping. They will really be creating those kind of emotions and thinking that this would really be that better for future or does have potential on which i do really have those kind of expectations that on the moment that the market will be having that correction and have bought on 90k peak price then they will really be that having those kind of disappointment that they thought that it will really be shooting up directly to 100k. Actually there's no way that we can be able to know on what would be the things that happens ahead on which it will really be something that could neither be pumping or not after hitting up 90k. Who had thought that this price will really be shooting up that fast? Pretty sure that there will really be those people who are anticipating that there would really be some huge correction that will happen after this. We cant really be having that pumping market forever. If you are really that holding for long term and wont really be that minding about those price movements or up and downs then
this will really be that not turning out to be stressful on your part.

But now, everyone has a long term plan already, it could be good if you talk about it when the market is down or maybe in the worst bear market when the price was at it's lowest of $15,500. But now it's different, most of us could have already fill in this wallets with Bitcoin and has been saving in the last two years. And with that, the best advise by now is just to continue to HODL.

We are not in the brink of seeing the price at $100k at the end of the month or at the start of December. So just a little more patience, and for sure we are going to push for that price no matter what. Bitcoin can't be stop by now and by 2025, we could be reaching the peak of the price.

It's a very big shame that you have been around in this forum for a while and you actually don't believe in the potential of Bitcoin.
You think that 89k is the highest Bitcoin can go, well that's your own cup of tea, because you were not only myopic on your view of Bitcoin but you still went ahead as trading it for minimal gains that wouldn't make much of an impact in your financial status.

So tell me, how will you feel if by 10 years time from now Bitcoin has risen up to 700k to 1million dollar, how will you feel? So much regret right?
Try as much as possible to think long term with Bitcoin, because the way Bitcoin is structured, it's more profitable to hold for a very long period of time than to be selling at every price increments, just for minimal gains.

it's always up to you to decide what you will do with your Bitcoin holding at whatever price Bitcoin gets to.  At whatever price you end up selling, you will eventually discover that you sold too soon in the long run and chances of buying back might not be always possible. Bitcoin has already gotten to $93k and what's standing against it and $100k is now too small and it's clear that getting past that $100k is 100% possible within the year.

We can't tell if Bitcoin will continue to pump even when it gets past this region or not, chances are that the pumping will take us past $100k and continue moving gradually as the year comes to an end. It's a journey that will keep breaking new ATH upon new ATH and the implication will be disappointment for any one that rushes to sell too fast.

It will be interesting to see how, with this latest bull run, BTC has reached new heights at Bitcoin touching 89,850 dollars. Holding out for a better buy-back price may be worth it, but one cannot say whether a significant dip will come soon. This set of factors includes Bitcoin ETF, which started in early 2024, and changes in macroeconomics after the US election that seem to push it upwards more steadily than during previous runs. Maybe a little patience will serve well, but it's good not to overthink corrections that may or may not happen.

I guess right now, the real question is when Bitcoin will finally stop pumping. We’re witnessing a full-blown bull run, and if history’s taught us anything.. it’s that wild things can happen. Everyone should approach this price action with a different mindset.

1-For short-term investors: don’t get greedy. Take your profits and step out when you can.
2-For long-term holders: just keep HODLing until you hit that target price.
3-For day traders: stay bullish, ride the wave, and keep stacking those profits.

Next topic? Hitting that $100k milestone.

Usually in any market, even more in bitcoin's, breaking the resistance is hard. In this case breaking $70k was hard. And after that the resistance dwindles. The next hard thing was probably $80k, from there reaching $100k is the easiest thing because it will be met with the least resistance (or sell pressure).

After reaching and breaking $100k things may get harder because it is a round number and usually people sell at such targets (for no logical reason!). If the momentum is strong enough to counter that sell pressure, we may see much higher prices.

After all the capital is coming back to the market, and bitcoin intrinsic value should be a lot higher than this considering over the past couple of years the adoption has grown but price has been suppressed due to recession and high interest rates.

Bitcoin already reached the new ATH but that will not stop on that price. I believe Bitcoin price still increase and break the last ATH and make a new ATH. But we still don't know what is the real ATH as that still a mystery and no one will know. We can only sell our Bitcoin at any high price we want so we will not regret of what we do later. Yes, it is not the end of the world while Bitcoin will gets correction so you can buy back Bitcoin at a lower price although you need to wait for some time to buy Bitcoin. The decision to sell our Bitcoin will depends on our goals and if our target price is not reach now, we can still hold for more and wait until the price increase to the price we want.

I had my doubts that maybe the highest bitcoin will reach at least in these few next days would already be $89k. A lot of us have opted to swap our coins to stablecoins or maybe has converted it into fiat already to maximize the profits and then plan on buying again once it dips. But I see now that I have taken it out of bitcoin a little way too early. I am not here to share regrets but to remind everyone not to get too swept up by emotions. If I were a lesser man, I would probably buy again because of FOMO but I know better and I am just accepting my decision and standing by it. It is not the end of the world and this will not be the highest bitcoin can get to.

Just a simple reminder that do not be impulsive with your market decisions and think long term plans! Goodluck everyone. May this bull run be fruitful for everyone.