Topic: Bitcoin, 50k Done (Read 497 times)

the price of Bitcoin right now is showing a positive in cryptocurrency especially in Bitcoin that in next 10 years the price of Bitcoin the price of Bitcoin will reach a maximum height so therefore I think that we should not rejoice much of the increment of Bitcoin right now because it is obvious that they adoption of Bitcoin is what makes the increase up and it can be something that will happen this year and the next year it will not happen again based on the quantity demand of Bitcoin for the current year

To some extent, I wasn't surprised at the level that Bitcoin price has attained in recent times and even the 60k Bitcoin price was a well-deserving amount for me, this is because there have been alot of factors and indices that could have pushed Bitcoin to achieve such price at this moment and much more also the just approved Bitcoin spot trading ETF is another significantly strong event that can possibly push Bitcoin price upward beyond even our own imaginations, this is why I wasn't surprised to see Bitcoin attaining and surpassing the 50k or even more.
And this is just the beginning of Bitcoin's uptrend market outlook as in the coming months Bitcoin is going to be recording more increase in its value as we go along the way down to Bitcoin halving and beyond.

I think 50k was never the primary target. Most of us wanted to break the last ATH in this year and create a new one. The major resistance zone was around 44k-45k level and when bitcoin broke that i knew breaking 50k was inevitable. The market sentiment shows extrem greed level so we should be coutious this time. Bitcoins inevitable rally can not deny the possibility of another market manipulation.

If you compare current prices with past prices, it is true that bitcoin prices are very high, but if you look to the future, there are still opportunities for those who have not yet bought. The current price is a good price for newcomers to the market, but for those who have been in the market for a while and are still waiting for bitcoin to decrease to buy bitcoin, they should feel remorse for their greed. They have the opportunity to buy at a price many times cheaper than the current price, but because of greed, they will have to pay the price.

I also know some people who haven't bought bitcoin because they want to buy it cheaper and they are missing out on the bitcoin roller coaster. To me, whether they buy at the current price or buy at a lower price, they have failed by refusing to buy bitcoin for less than 20k$.

Bitcoin is now 62k$ and has gone more higher than 50k$ but still people are wishing to make investment even the price is so higher. This is a good news for all holders of bitcoin as there is nothing more important for a holder than visualising increase in worth of his invested coin.

I think this is not the last increase in Bitcoin's price but as little the time for halving more increase will be occur in price. Some people are waiting that price will turn down and they will buy bitcoin but they will missing the better time once it ends

Many investors are now profiting from the rise in Bitcoin price. Currently Bitcoin is between $62,000 and those who invested between $15,000 and $17,000 have made a lot of success today but those who did not invest in Bitcoin waiting for further declines have many regrets today. A lot of people are still holding onto their bitcoins. They are holding on to bitcoins waiting for the upcoming bull market. I am holding bitcoin myself but currently I am in a lot of profit but I am waiting for the bull market when the bull market starts and new ATH is created then I will exit my investment maybe many people like me have thought this but to all investors who are thinking this. I request you to hold on to bitcoins hope new bitcoin ATH will be created very soon.

But for a week after continuing to move upwards, it finally stopped at around $63K and has not been able to reach $64K and only continues to stagnate in the $61K-$63K area. Indeed, this is certainly a surprise created by Bitcoin. Is there an ETF impact or is it waiting for the halving period? Difficult to predict, of course. I think if it's only short term it would be very good, and I tried buying at $61K and releasing at $63K and managed to get a profit, but if it was released for the foreseeable future it would be a shame because the halving period hasn't arrived yet.
The prediction that it will fall is usually after the start of the halving, but if you see a situation like this it is difficult to predict.
ATH 2021 is likely to be missed this month and, of course, it would be a shame to release it soon. But it all depends on your own analysis of whether you want to let it go or not and always look for trends that may be different from usual.

It was a surprised moved see BTC price in this current position and, it will make hodlers to start releasing  their BTC to the market because this is a nice period to take profits from the market because nobody know what will happen after this $56k.

 Now that the month of february bring us favourable season, i believe next month will make the market price to go higher above $60k and it will make many hodlers to release all their BTC for sale and wait for bear run to come before they can buy again.

I don't like to distract myself from people's speculation, but truly, Bitcoin is commendable. The feat which the coin has achieved within a short time is a very good one, and personally, I never expected this, I only believed that it would move higher, but not at the pace at which it did that. A big thanks to the ETF filling, it was what helped the asset to really rise amidst the FUD and FOMO it caused in the crypto market. The spirit and expectation of having added to this and the fact that Bitcoin is bullish in both long and short-term disposition. I do not believe anything is strong enough to stop it from achieving higher heights, but this will take time.

As threatening as it is towards the bullish path which makes people believe it will just be rising, I still believe that the coin would be undermined by the steepness of the slope it's climbing, many would want to hold on to the post-halving season before they buy it. At the current heavy price of $52,000, a decisive investment is needed which will slow down the demand until the post-halving effect. Not that the asset will be climbing without a pause. Even the tempo of buying will not be so much to the extent that would cause the hit of $60,000 pretty soon.

My view is however based on instincts, I see no valid resistance on its way strong enough to stop it either.

As you say, it's not far off the mark on what was done. Even though they are not great speculators in providing market price analysis, it is certain that some of the holders have sold some of the assets to then buy again when the market was at $40K.
Facing a situation like today requires intelligence in implementing patterns that will be installed to reap short-term profits.

Since bitcoin achieved up to $50k there are less large or small correction and bitcoin keep stable with higher price, regarding with many trader or investor expected before halving get potential with bitcoin price break out and make new ATH in short term. Halving count down left 63 days and bitcoin price after breaking out above $52k seems need time before reaching the other new highest price.

I don't see any good ideas sell bitcoin right now behind few months left before halving, seems bad speculation have to sell right now because difficult get chance buy back bitcoin in lower price and most strong for bitcoin keep going up regarding have close halving moment. If you don't have any urgency keep hold your bitcoin and waiting closer halving to see how highest price of bitcoin or get disappointed if you sell bitcoin right now.

The market has achieved what we expected before the halving occurred to reach the $50k price area, we remain optimistic that the market will reach the highest price before the halving and the potential market will break the ATH record above 70k because many positive things will come in the halving countdown which is only 64 days away, So don't be pessimistic about small correction conditions that cause you to panic and assume that there will be a deep correction.

But I understand that there are investors or traders who are not ready to miss the moment to sell at high market prices, you can sell some of your assets for buyback purposes in market correction conditions, because market corrections will still occur beyond our predictions so you still have the opportunity to buy at lower prices to increase portfolio assets before bitcoin reaches ATH.

Good news for everyone who thinks pessimistically about the rise in Bitcoin prices. The $50k that has been missed is now estimated that the price will continue to rise to reach $54k to $55k.
There is mention that the current price situation is referred to as consolidation which will later result in a deep correction.
Seeing this situation, I think whatever the conditions, Bitcoin holders are confident that the price will reach a higher level during the halving.

Bitcoin price has touched $50k which is another milestone. Bitcoin price hitting $50k is a matter of great joy especially for those who have invested in Bitcoin. Bitcoin investors can breathe a sigh of relief right now as Bitcoin has already crossed $50k to reach $52k. As the price of Bitcoin has increased so much, many are commenting that the price of Bitcoin can touch $60k before the Bitcoin Halving takes place.

This price of $50k is a good start, meaning the price could return to this price before the halving. Hopefully, the price can continue to increase until the halving and will continue to increase to make a new ATH.
But if there is a price correction later, hopefully, the price won't drop too much.
People who have bought bitcoin should start to breathe a sigh of relief because they have seen the price of bitcoin reach $50k again. They just have to wait for the price to exceed the ATH price.
And they should have determined what selling price they want so they don't sell it too late.

In my opinion no need to lock this thread although in this speculation section I have seen similar topic created about this same price of 50k BTC but that does not mean they won't discussed about the price in any other board. I think hitting $50k price is a thing of Joy and you can not expect everyone to control their feelings by looking for a particular topic to share their excitement. Anyone can predict how worth the Cryptocurrancy june-2024?

Bitcoin price has reached 50k dollar it is long time ago, now currently bitcoin price is 52250 dollar. Bitcoin price is likely to rise further before the halving as it looks to touch 60, as we continue to see Bitcoin's bullish trend. Halving future is likely to see more widows in 2025.

In this case there is no correction, we know everyone has the freedom to predict and speculate on Bitcoin now or in the future, Of course all users have their own beliefs and speculations, you believe and understand the $50k real winnings you get, but not for me.

I understand and understand the $60k halving occurred four years ago, I have principles for Bitcoin this time, at least I met speculation this time I am proud and happy $80k, it will bring meaning to myself, whatever happens we all have faith that will always be in the future.

Bitcoin price touched $50000 several days ago which is the highest Bitcoin price in 2023 and 2024. We have seen the Bitcoin price touch a high of $52 thousand this year and the Bitcoin price has been almost stable for a few days. Since March 2023, the price of Bitcoin has started to rise steadily. We saw that in March 2023, the price of Bitcoin was below $30,000. However, in just a few months from there, in 2024, the price of Bitcoin touched $50,000.Maybe that's why Bitcoin is called the king of coins. Bitcoin price reaching $50,000 is happy news for many investors but those who didn't invest by buying bitcoin at low prices are now regretting seeing the price of bitcoin rise.  

Long term holders already know that this is just the beginning. They know bitcoins are way more valuable than it is currently. For them 50k is nothing. They will continue holding the coins till bitcoin reaches 100K at least. Yes, this sudden jump of bitcoins from $40,000-$50,000 was really surprising. So more people will now try to accumulate the coin which will lead to the increase in demand of the coins and hence will see bitcoins moving more fast. Soon the ATH price record will be broke according to me.