another ATH , 71k and still climbing.

STT

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I think the lows recently caught an uptrend that extends over months going back to last year however the recent action has formed some negative action that will have to be digested before we can progress especially

The uptrend or diagonal line upwards here is roughly in line with the majority of the BTC price action since we registered lows early autumn last year. Since that time the pace has been regularly positive, we could not have reached 70k aand held it so well if that were not roughly true as a spike up is very often returned backwards just as fast.

The uptrend should be stronger as the longer duration of the two. We just have to see that fight play out and correctly confident to back the winner when it concludes. We are below the 50 day average and we are just lying on the weekly average so its a fight still underway.

BABY SHOES

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Quote from: Nrcewker on April 24, 2024, 01:20:13 PM

Quote from: tengui on April 17, 2024, 05:48:21 AM

Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.

I like this type of attitude. People and investors need to have clarity like this. If you are investing in Bitcoins, then you need to think of something big. I have often seen the investors get into fear and panic sell the coins when price starts falling. Instead what they can really do is think this as an opportunity and buy the coins at cheap price. I have even heard that many people are planning to hold the coins till it reaches 500k USD. So lets hope for the best and keep on accumulating the coins.

They have high optimism so they have confidence where the price of bitcoin can go to $100K according to their predictions, for me this prediction is still reasonable because it is bullish before it fully comes, if we expect more then it is still very possible and let investors have confidence according to their wishes.

My first target - $100K second $150K so when the price hits target 1 will release half the bitcoin owned then when the price of bitcoin continues to soar then $150K will release all of its holdings.

I have no doubt. Even many people predict beyond reason but it doesn't matter this is just part of their speculation and predictions that are said.

ScamViruS

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Quote from: Uhwuchukwu53 on April 24, 2024, 01:24:05 AM

Quote from: ScamViruS on April 18, 2024, 06:46:12 PM

Quote from: tengui on April 17, 2024, 05:48:21 AM

Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.

Those who look at the market from a long-term perspective still hold their bitcoins to reach the 100k target. In the short term, market changes don't really affect them as much as they do you. Bitcoin will definitely go to 100k but it may take time, and patient investors will win in the end because they know the future potential of Bitcoin. So I think your decision is right about waiting until you achieve the 100k bitcoin target. Bitcoin has already broken the previous ATHs, Bitcoin is now in the price discovery stage so it will be most interesting to see where Bitcoin's next stop will be.

Yes this period is where decision making is very important I know is hard to do away with emotions particularly this period ATH is occuring and preparation to the halving where the bull run will soon commenced , it take men with heart and free from emotional disorder to keep holding. Those who really know what they want remain unshakable and unmovable in their holding because their later end is where the game matured.

When an investor tries to look at the market based on the actual state of the market rather than looking at the market emotionally then short-term price changes do not affect them. They are the ones who can take maximum advantage from the market during the next Bitcoin bull market. The way Bitcoin went to the new ATH, many were not ready to see such a big uptrend, and everyone is now considering what the next new ATH will be. The market is correcting now and I think this correction will give a lot of boost to the next uptrend.

Yaunfitda

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Quote from: Nrcewker on April 24, 2024, 01:20:13 PM

Quote from: tengui on April 17, 2024, 05:48:21 AM

Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.

I like this type of attitude. People and investors need to have clarity like this. If you are investing in Bitcoins, then you need to think of something big. I have often seen the investors get into fear and panic sell the coins when price starts falling. Instead what they can really do is think this as an opportunity and buy the coins at cheap price. I have even heard that many people are planning to hold the coins till it reaches 500k USD. So lets hope for the best and keep on accumulating the coins.

Everyone here think of something big with our investments, and then we have learn thru the years that it is possible. It's really that simply, but it will take a lot of mental fortitude. Because what we gonna do is to buy when the price is low, and that is in bear market, so that is around 2021-2022. And then build your portfolio till 2025. It's not just because we hit all time high already that we will sell right away. We still need a year, to reach new all time high and the prediction is that it will be around 6 digits. So that's where the mental toughness comes in because you still have to wait one full year, + patience in order to make a lot of money in Bitcoin market. But the thing is that many have done it before, so it's just really up to us to stay focus and believed that we can also do it.

Nrcewker

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Quote from: tengui on April 17, 2024, 05:48:21 AM

Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.

I like this type of attitude. People and investors need to have clarity like this. If you are investing in Bitcoins, then you need to think of something big. I have often seen the investors get into fear and panic sell the coins when price starts falling. Instead what they can really do is think this as an opportunity and buy the coins at cheap price. I have even heard that many people are planning to hold the coins till it reaches 500k USD. So lets hope for the best and keep on accumulating the coins.

Uhwuchukwu53

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Quote from: ScamViruS on April 18, 2024, 06:46:12 PM

Quote from: tengui on April 17, 2024, 05:48:21 AM

Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.

Those who look at the market from a long-term perspective still hold their bitcoins to reach the 100k target. In the short term, market changes don't really affect them as much as they do you. Bitcoin will definitely go to 100k but it may take time, and patient investors will win in the end because they know the future potential of Bitcoin. So I think your decision is right about waiting until you achieve the 100k bitcoin target. Bitcoin has already broken the previous ATHs, Bitcoin is now in the price discovery stage so it will be most interesting to see where Bitcoin's next stop will be.

Yes this period is where decision making is very important I know is hard to do away with emotions particularly this period ATH is occuring and preparation to the halving where the bull run will soon commenced , it take men with heart and free from emotional disorder to keep holding. Those who really know what they want remain unshakable and unmovable in their holding because their later end is where the game matured.

fullhdpixel

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Quote from: justdimin on April 18, 2024, 05:28:05 AM

it is not easy to wait between that high and low levels as well, not many people remember that and it should be something that we need to be careful about. I personally believe that it is not easy to make something like that, and we should be careful with what we have and not really necessary to go for big.

It depends in your timing. If you enter when the market is giving a sign of bullishness, then waiting for the actual bull run won't be long enough. Same thing can be apply in the opposite market movement. That's great if people don't remember the difficulty because they will only take it easy. The main mechanics of investing is having a patience and if there is something that we must be careful at, that will be during the picking phase or choosing if what cryptos we will decide to buy and HODL.

Quote

and not really necessary to go for big.

It's okay to go for big once things are settled like we have a big capital that are not tied for our personal spendings and we already know what trusted cryptos to buy, then lastly we already have a god-like patience.

qwertyup23

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Quote from: Aanuoluwatofunmi on April 17, 2024, 08:29:38 AM

Quote from: laijsica on April 17, 2024, 06:47:58 AM

Quote from: tengui on April 17, 2024, 05:48:21 AM

Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.

You are definitely coming up with good ideas. During low BTC prices your holding will help you achieve your goals but you need to be more cautious. We will see a lot of ATHs this year - I think you should aim higher in the meantime as you may not get the opportunity to accumulate BTC at the current price. So I will tell you that you should make your target $100k fixed only then you will get more success.

Its not easy as we all know that during the bear market we should hold, but there is always some profitability in doing so, if you can wait to see the asset of investment you have is within your capacity and then hodl, you will see the reward in due time because the market will definitely rise and pump back as usual when the time reach, but many would have loose patience and hope from waiting till this same time comes and they have the same opportunity they have always waited for.

Just a question, what are your thoughts on the BTC halving? When do we expect its explosive price increase in the market?

From my experience, the price of BTC suddenly increases during the halving but there have been speculations that JP Morgan is trying to tell everyone NOT to invest into BTC. Not sure on how this would affect its price but I am just happy that I got to experience the halving by actually preparing for it- bought $300 worth of fiat and converted it to BTC.

I submit that the price of BTC would reach an ATH perhaps 2-5 weeks from now. My only basis for this is its price history and the past halving on how it exploded on the market which prompted FOMOs to purchase BTCs.

Kemarit

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Quote from: ScamViruS on April 18, 2024, 06:46:12 PM

Quote from: tengui on April 17, 2024, 05:48:21 AM

Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.

Those who look at the market from a long-term perspective still hold their bitcoins to reach the 100k target. In the short term, market changes don't really affect them as much as they do you. Bitcoin will definitely go to 100k but it may take time, and patient investors will win in the end because they know the future potential of Bitcoin. So I think your decision is right about waiting until you achieve the 100k bitcoin target. Bitcoin has already broken the previous ATHs, Bitcoin is now in the price discovery stage so it will be most interesting to see where Bitcoin's next stop will be.

Right, although we have seen new all time high, that is not the top price for this bull-run as we are expecting the market to go on parabolic rise and reach $100,000 or more next year. So we shouldn't go on a celebratory ride or something. There is more room for us to growth from today to next year.

And that kind of investor is what we call diamond hand, or at least knows that the market has just started to warm up. And now that we are in the halving, the more this set of investors are calm and patience and look at the long-term perspective.

ScamViruS

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Quote from: tengui on April 17, 2024, 05:48:21 AM

Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.

Those who look at the market from a long-term perspective still hold their bitcoins to reach the 100k target. In the short term, market changes don't really affect them as much as they do you. Bitcoin will definitely go to 100k but it may take time, and patient investors will win in the end because they know the future potential of Bitcoin. So I think your decision is right about waiting until you achieve the 100k bitcoin target. Bitcoin has already broken the previous ATHs, Bitcoin is now in the price discovery stage so it will be most interesting to see where Bitcoin's next stop will be.

Troytech

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Quote from: rodskee on April 18, 2024, 06:00:04 AM

Quote from: laijsica on April 17, 2024, 06:47:58 AM

Quote from: tengui on April 17, 2024, 05:48:21 AM

Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.

You are definitely coming up with good ideas. During low BTC prices your holding will help you achieve your goals but you need to be more cautious. We will see a lot of ATHs this year - I think you should aim higher in the meantime as you may not get the opportunity to accumulate BTC at the current price. So I will tell you that you should make your target $100k fixed only then you will get more success.

But why need to keep Hodling when we can sell now and buy before the growth?
this market is going same thing like how it use to be in the past halving season in which the
price will drop badly day before that specific date.
But indeed that you can just keep holding if you are not in multiple chances of
earning try not to deny the chances mate but try to be safer as well.

You know you don't really have to be a diamond hand to know the risk in selling in a case like this, how are you so sure that the price would go down after now and what if you sell of yoir holdings and the price only continues to go higher.

One thign I'm sure about is that bitcoin is unpredictable and no matter how much speculation that is done, it can't be 100% right, so it's good you approach with caution that anything can happen from here on out, rather than going with a fixed assumption that this is what would happen or something else.

In a case of uncertainty like this, it's better to prepare for both possible outcomes, so I started of selling all of yoru holdings, it's better you sell only part and keep the rest, just incase it doesn't go your way and also keep extra cash to buy back if the price starts to soar I stead of reducing.

If your are still an early investor with little bitcoin, it wouldn't be wise to sell off any of your holdings with expectations of buying back cause you may well end up not beign able to buy back or even giving up on accumulating bitcoin.

rodskee

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Quote from: laijsica on April 17, 2024, 06:47:58 AM

Quote from: tengui on April 17, 2024, 05:48:21 AM

Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.

You are definitely coming up with good ideas. During low BTC prices your holding will help you achieve your goals but you need to be more cautious. We will see a lot of ATHs this year - I think you should aim higher in the meantime as you may not get the opportunity to accumulate BTC at the current price. So I will tell you that you should make your target $100k fixed only then you will get more success.

But why need to keep Hodling when we can sell now and buy before the growth?
this market is going same thing like how it use to be in the past halving season in which the
price will drop badly day before that specific date.
But indeed that you can just keep holding if you are not in multiple chances of
earning try not to deny the chances mate but try to be safer as well.

justdimin

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Quote from: Aanuoluwatofunmi on April 17, 2024, 08:29:38 AM

Quote from: laijsica on April 17, 2024, 06:47:58 AM

Quote from: tengui on April 17, 2024, 05:48:21 AM

Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.

You are definitely coming up with good ideas. During low BTC prices your holding will help you achieve your goals but you need to be more cautious. We will see a lot of ATHs this year - I think you should aim higher in the meantime as you may not get the opportunity to accumulate BTC at the current price. So I will tell you that you should make your target $100k fixed only then you will get more success.

Its not easy as we all know that during the bear market we should hold, but there is always some profitability in doing so, if you can wait to see the asset of investment you have is within your capacity and then hodl, you will see the reward in due time because the market will definitely rise and pump back as usual when the time reach, but many would have loose patience and hope from waiting till this same time comes and they have the same opportunity they have always waited for.

Yeah, but it is not easy to wait between that high and low levels as well, not many people remember that and it should be something that we need to be careful about. I personally believe that it is not easy to make something like that, and we should be careful with what we have and not really necessary to go for big.

I believe it is such an important situation and couldn't be more far from the truth. It is definitely a situation that could get as much better as we possibly could see in the end. I believe that best we could do right now would be just waiting, and waiting is hard but it is a must in the crypto world if you can do that then you will earn.

Aanuoluwatofunmi

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Quote from: laijsica on April 17, 2024, 06:47:58 AM

Quote from: tengui on April 17, 2024, 05:48:21 AM

Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.

You are definitely coming up with good ideas. During low BTC prices your holding will help you achieve your goals but you need to be more cautious. We will see a lot of ATHs this year - I think you should aim higher in the meantime as you may not get the opportunity to accumulate BTC at the current price. So I will tell you that you should make your target $100k fixed only then you will get more success.

Its not easy as we all know that during the bear market we should hold, but there is always some profitability in doing so, if you can wait to see the asset of investment you have is within your capacity and then hodl, you will see the reward in due time because the market will definitely rise and pump back as usual when the time reach, but many would have loose patience and hope from waiting till this same time comes and they have the same opportunity they have always waited for.

Dave1

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Quote from: Iranus on April 12, 2024, 11:45:18 PM

Quote from: Out of mind on April 12, 2024, 10:18:58 PM

Quote from: peter0425 on March 11, 2024, 05:36:53 AM

are we going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/ the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?

A few days ago we had a chance to touch $75k dollars but instead of going to that level, the Bitcoin market went back to dumping after going closer to $73k. If you look at today's market, you will definitely get a lot of pause because the market has experienced a lot of volatility. From the market $71k dollars it turned into volatility and came down to $64k dollars which is a huge bear. But we should hope that as we have Bitcoin halving waiting next week, the market will bounce back soon. However, since the Bitcoin market is still very low, you can hold on to the investment if you want, and you will certainly have the desire to make a good profit in a few days. Since the market is jumping right now we are definitely going to see it pumping higher in a few days, then surely the Bitcoin market will be in a good position. And if you invest bitcoin now and hold for long time then it will be best for you, and you will get much more when bitcoin fry reaches its peak.

In just a few short months, bitcoin increased from $15k to $30k and from $30k to $73k and those who bought bitcoin for less than $20k, they made double profits 3 times. But I haven't seen anyone say bitcoin increased too much or skyrocketed, but when bitcoin only decreased less than 10%, from $71k to $64k as you said, you think that is a huge bear. Is this fair or are we being too greedy to just want to see bitcoin just go up forever and not want it to correct? Overall, there is nothing to worry about with the current situation, bitcoin is still holding at a very good price.

It's because no one wanted to see the price to go down, that is the normal response for investors. Even seasoned and veteran investors want's to see their portfolio to grow overtime. And in the first 3 months, we are all green, specially in February when we hit a massive 43% increased.

Now in April and approaching halving, we are -10%, nevertheless, it's not yet the end of the month, we still have again the block halving before the end of April and we will see if the trend will continue or not or if we are going to make that $75k as it seems the logical barrier to break.

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Quote from: tengui on April 17, 2024, 05:48:21 AM

Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.

You are definitely coming up with good ideas. During low BTC prices your holding will help you achieve your goals but you need to be more cautious. We will see a lot of ATHs this year - I think you should aim higher in the meantime as you may not get the opportunity to accumulate BTC at the current price. So I will tell you that you should make your target $100k fixed only then you will get more success.

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Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.

Iranus

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Quote from: Out of mind on April 12, 2024, 10:18:58 PM

Quote from: peter0425 on March 11, 2024, 05:36:53 AM

are we going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/ the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?

A few days ago we had a chance to touch $75k dollars but instead of going to that level, the Bitcoin market went back to dumping after going closer to $73k. If you look at today's market, you will definitely get a lot of pause because the market has experienced a lot of volatility. From the market $71k dollars it turned into volatility and came down to $64k dollars which is a huge bear. But we should hope that as we have Bitcoin halving waiting next week, the market will bounce back soon. However, since the Bitcoin market is still very low, you can hold on to the investment if you want, and you will certainly have the desire to make a good profit in a few days. Since the market is jumping right now we are definitely going to see it pumping higher in a few days, then surely the Bitcoin market will be in a good position. And if you invest bitcoin now and hold for long time then it will be best for you, and you will get much more when bitcoin fry reaches its peak.

In just a few short months, bitcoin increased from $15k to $30k and from $30k to $73k and those who bought bitcoin for less than $20k, they made double profits 3 times. But I haven't seen anyone say bitcoin increased too much or skyrocketed, but when bitcoin only decreased less than 10%, from $71k to $64k as you said, you think that is a huge bear. Is this fair or are we being too greedy to just want to see bitcoin just go up forever and not want it to correct? Overall, there is nothing to worry about with the current situation, bitcoin is still holding at a very good price.

Out of mind

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Quote from: peter0425 on March 11, 2024, 05:36:53 AM

are we going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/ the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?

A few days ago we had a chance to touch $75k dollars but instead of going to that level, the Bitcoin market went back to dumping after going closer to $73k. If you look at today's market, you will definitely get a lot of pause because the market has experienced a lot of volatility. From the market $71k dollars it turned into volatility and came down to $64k dollars which is a huge bear. But we should hope that as we have Bitcoin halving waiting next week, the market will bounce back soon. However, since the Bitcoin market is still very low, you can hold on to the investment if you want, and you will certainly have the desire to make a good profit in a few days. Since the market is jumping right now we are definitely going to see it pumping higher in a few days, then surely the Bitcoin market will be in a good position. And if you invest bitcoin now and hold for long time then it will be best for you, and you will get much more when bitcoin fry reaches its peak.

erep

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Quote from: TravelMug on April 10, 2024, 05:34:43 PM

Yes, it didn't get to $75k last March but guess what, we have a new all time high at $73k and I guess everyone will agree that it is good to see that price. Nevertheless, if we get to $75k before the halving we will take it as it is. And speaking of halving, we are just 9 days away from it. All of us here could have a feeling excitement that once again, we will see for ourselves, (this is my second time). And with that, we should be a long term holder more than anything else as we are expecting a huge bull run this year and then the top price next year. $100k is a conservative estimate, so just HODL a bit and have patience.

We almost saw the market price reach $73k but unfortunately the market correction happened so quickly that the price fell drastically to reach $65k, I am not surprised by the correction that is happening right now because the market has created a significant movement pattern and the same thing is likely to happen in a correction market, I think this second market correction will not be able to recover instantly and indicates that another correction will occur until it reaches a price below 60k, so prepare your budget to set a DCA investment target at the lowest price.

Topic: another ATH , 71k and still climbing. (Read 927 times)