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Topic: another ATH , 71k and still climbing. - page 8. (Read 1452 times)

YOSHIE

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Quote from: peter0425 on March 11, 2024, 04:36:53 AM

HODL guys , keep holding .

Any reason for this Pump now?

Yes, we know that Bitcoin this year has shown a new ATH, above the ATH that occurred in 2021, this shows that some speculation has succeeded in bringing Bitcoin users around the world in a new direction, This is a good sign for Bitcoin's development at the moment, rather than doing random speculation, Bitcoin dies, Bitcoin expires, Bitcoin and so on, the fact that Bitcoin has shown the best of all time, that's the point.

I believe that at this time Bitcoin has not yet reached the threshold of its highest peak, it is estimated that Bitcoin will show its highest peak in early May, even though currently $75k has been seen, I believe Bitcoin for this year could reach above $80k, so I agree to hold back any more until the halving has actually happened and a new ATH is really visible.

Yaunfitda

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Quote from: Oshosondy on March 11, 2024, 06:57:25 AM

Why move this thread from speculation to economics? It suppose to be in speculation board.

Quote from: peter0425 on March 11, 2024, 04:36:53 AM

Any reason for this Pump now?

The main reason for this pump are the institutions that are buying bitcoin and also because bitcoin supposed to be bullish this year and next year. We are in bull period.

Quote from: peter0425 on March 11, 2024, 04:36:53 AM

are we going to see 75k this time?

Bitcoin has just surpassed $72000. $75000 is very close. We are going to $100000.

Yeah, it did it $73k, and I think there is no stopping as where the price will be pre-halving. Although I think the bulls intention is to break the previous all time high. But it's not out of control in a good way. And so it's possible that with this kind of bullish momentum, $75k will be achieved or even higher as we hit the halving. There were also speculation that we could see a correction just like the previous history. But this is the first time that we have seen this kind of price movement, so the previous run could not be applicable in this bull cycle as new patterns are emerging. As for what is the reason? obviously, everyone wanted to get as much Bitcoin as they can before the halving, as the demand is going to be huge in the next couple of years. And if we buy and HODL today, it could be worth something specially reaching new all time high at 6 digits.

peter0425

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Quote from: Oshosondy on March 11, 2024, 06:57:25 AM

Why move this thread from speculation to economics? It suppose to be in speculation board.

yeah a mistake mate , have just bring it back to the right section thanks for reminding me.

Quote from: peter0425 on March 11, 2024, 04:36:53 AM

Any reason for this Pump now?

The main reason for this pump are the institutions that are buying bitcoin and also because bitcoin supposed to be bullish this year and next year. We are in bull period.

I expected the bull to be this year but yeah not expecting this much increase as I though 2025 is the ATH breaking year.

Quote from: peter0425 on March 11, 2024, 04:36:53 AM

are we going to see 75k this time?

Bitcoin has just surpassed $72000. $75000 is very close. We are going to $100000.

after a slight correction yesterday now it started ti climb back again and indeed ,75kis near the corner

https://coinmarketcap.com/currencies/bitcoin/

Quote from: The Sceptical Chymist on March 11, 2024, 04:59:06 AM

OP, you probably should move this to the Speculation section-

Done mate, thanks!!

Quote

It's funny. I took a long nap, and one of the first things I thought of was what bitcoin might have done while I was asleep.

While I did not expect this but like yours when I woke up in the morning? was shocked of market revelation bitcoin is a 71k (and now its 72k and climbing)

Oshosondy

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Why move this thread from speculation to economics? It suppose to be in speculation board.

Quote from: peter0425 on March 11, 2024, 04:36:53 AM

Any reason for this Pump now?

The main reason for this pump are the institutions that are buying bitcoin and also because bitcoin supposed to be bullish this year and next year. We are in bull period.

Quote from: peter0425 on March 11, 2024, 04:36:53 AM

are we going to see 75k this time?

Bitcoin has just surpassed $72000. $75000 is very close. We are going to $100000.

The Sceptical Chymist

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OP, you probably should move this to the Speculation section--where I'm sure a thread like this will be in good company with all the others now that a new ATH has been reached.

It's funny. I took a long nap, and one of the first things I thought of was what bitcoin might have done while I was asleep. I kind of figured it'd remain stagnant, but nope. Hard to fathom that it's above $71k, and I'm hoping the price doesn't go exponential lest we get another 2017-18 scenario. Guess we'll see.

peter0425

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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?