Topic: Bitcoin, 50k Done (Read 573 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.

Those persons who stop holding because of the fear of the price of Bitcoin falling won't start holding only because Bitcoin has reached $50,000 as they don't have any Bitcoin to hold, they have sold their Bitcoin when it was falling and for the few that kept some Bitcoin, they would start taking profits. Many traders are scared that the price of Bitcoin can't hold above $50,000 therefore they're looking for an exit plan then wait on the market to retrace before they start buying Bitcoin again. People don't hold Bitcoin when it gets to a high price, they take profits therefore don't think because Bitcoin has reached a new price that it'll continue to rise. When more investors would want to buy Bitcoin is when it gets to the past highest price in the last bull market because nobody would want to miss out on the new highest price.

Bitcoin price has touched $50,000 which is happy news for all investors and currently it is heading higher. The way Bitcoin is currently giving investors hope confirms that it is likely to rise further in the coming days. As the fourth halving awaits us in April, we can expect the price of Bitcoin to rise further before the halving. As the current market position is good and green candlesticks are being seen regularly, we can expect more value from Bitcoin in the coming days. So now there is enough time to invest, and it is better to buy bitcoins for long term investment. Of course now we will buy bitcoins and plan to hold for a long time because the bull season will start, so the price of bitcoin will increase faster.

The price of Bitcoin has increased significantly over the past few days so there will be a temporary price correction at this time. We have seen the highest market price of Bitcoin since 2021 where the price went up to around $53000. Now after some temporary price correction, it is likely to turn bullish again. Bitcoin price increases as the halving time approaches. By researching the predictions of various experts, we may be able to see an all-time high for Bitcoin before halving occur.

In the next few weeks - I think $60K will probably be hit as long as this positive trend holds. Today's correction is not too bad - the price will only recover and will soon be above $52K again. It is difficult to predict the price in the short term - but great potential exists in the long term especially after the halving.

$50K has been strong support today during the price correction - but if a lot of investors panic and dump a lot of bitcoin, then $50K might not be so strong. I still see good potential during this February - so just patiently wait to see if $55K or above will be hit.

From the difficulty change perhaps ?    I remember mining and wishing afterwards I just carried on to hold a bit more then I did because the price justified the mining in retrospect.
  It can be true in general that rapid price changes lead to difficulties as these gains qualify as volatility in BTC.   It may appear a positive but it also means the previous pricing is seen as inaccurate and those who traded back there or attempt to do so now are disadvantaged in some way.   Its the actual users who count far more then speculators even those that hold BTC longer term count less then actual users day to day.
   For whatever reason many gains are sold off but todays low price is still a good one, it appears to be a round number near to 50k but more important to me is this recovery from that low today means price action stays above the weekly average.  Also to end today now we have BTC back above a 12hr average again, generally its strong while doing so.   A test or rejection to the downside should be taken positively.

If I'm not mistaken, we even had $52k already, so that is a big jump from this month, and so far it's a 20%++ increased this February alone. However, we still have to wait for the climb to be solid. At least give $50k some time to become a support before we get excited and said that we really achieved that price and it's done. So far the price is $51k'ish, as there are some liquidations already in the millions.

And it's obvious that this huge spike is due to the Spot Bitcoin ETF, as the demand is souring high. We still have the catalyst for the bull-run this year, and that is the block halving. This is the most anticipated event for this year and it will really push the demand the price to even greater heights. So just be patience and be cool, we should be here for the long haul and not just for $50k.

Well done, bitcoin already passed $50k and what the speculation next higher price target with bitcoin, are there with possibility bitcoin reach to $60k in this month or raise until $70k before ended of February. After ETFs approval many people expected with bitcoin will raise and easily break out to $50k, I think next possibilities bitcoin will raise to $65K.

Bitcoin has potential to increase more higher price after success break out $52k, just take short term awhile for bitcoin break out to highest price for this years and I believe has many new highest price until near close with halving. Bitcoin halving left two months and bitcoin have in the positive viewed with increasing to higher price.

It's already passed and $50k would be a good support price to climb further even if the halving hasn't happened yet. My view is that I am not very skilled at reading price charts, if the halving has not happened and prices continue to increase, then in my opinion many speculators are wrong in providing estimates.

There is no other solution other than to be patient and hold until the halving occurs. If the current price is $51,600 and has the potential to increase again past $52k+, of course at the halving the price will be even higher.

It must be remembered that the effect of the ETFs is something that can come right now, I don't think it will be yuam, but since everyone in January thought that bitcoin was going to rise to more than $50k due to the approval, well it could be that until now That effect is being seen, I don't know, but what else could the explanation be? I don't think it is due to some passive effect of the US economy, but it could be because the effect of the ETFs is already being seen.

The halving effect is separate and the effect of a new ATH is Assumed to be Around 2025 , it may be sooner, but everything will be decided depending on how the market continues, the most believers of bitcoin say and affirm that yes, it will be a fact, that We are already in that bullish market effect, I hope so, because I would like to see the price of bitcoin very high, but it is only what I want, it may be that the opposite happens because that is how it sometimes happens, so you have to know handle us, it is a very good time to buy yes.

Yes, it's dynamic because the sentiments is very bullish. Now we are not talking about breaking $50k as we have done that. Now speculators are looking at $60k, and it's just a question when we are going to break it. Majority is looking for it to be this month, and guess what, even a new ATH is being discussed as well. This pre-halving run is very different though, we haven't seen this before and maybe this is due to the approval of Bitcoin Spot ETF last month.

And that's the effect is just now being felt as everyone is in FOMO and doesn't want to miss this huge run and then make profits. Sooner or later though, there could be another profit taking around $55k before we can go and hit $60k.

The current price of Bitcoin is slightly above $52000. Bitcoin has been very dynamic for a while now. I think Bitcoin will cross $60,000 in a few days. It has now turned into a golden deer for those who invested $35,000 to $40,000 in Bitcoin. Still if you can invest in Bitcoin with small projects then I think there will be a chance of profiting from here in a few days. Because it is starting to cross the bull market. Bitcoin investing is most likely to yield a good profit at the end of the day.

The momentum of the fourth halving which will occur in about 3 months will be a moment that makes the market even more bullish. But when the price of $60,000 can be reached easily because the current market trend is getting better, that will be good news. The last ATH was $69,000 and Bitcoin is now in the $51,000 price area, this is certainly very close. I hope that this ATH can provide a lot of profits and that many investors will start to enter and invest in Bitcoin or potential top altcoins.

This is good, so far we have seen a break of the $52k resistance although currently the price is experiencing a slight decline. The good news is, we are only -25% away from the previous ATH at the moment and if this positive trend continues until the end of the month then $60k becomes possible.

It is only a matter of time until the price passes the previous ATH, but privately people tend to believe that the new ATH will not be hit before the halving. The current increase in demand can be said to be natural, investors are taking advantage of the momentum to buy a lot before the halving in the hope of getting worth it returns in the next few months.

In the most cases, we have seen that Bitcoin have taken another turn and move against all market speculation and beliefs since we are not yet in the halves and this price speed is happening,  I am sure that when after the Bitcoin halves which are around the next one to two months ahead,  this is what has made a lot of us keep back at what we really mean to hold Bitcoin at this point in time.

But to be sincere with you,  I have some exciting feelings about the whole market dynamism even though it may be unfavourable to most other Bitcoin community members who may have not taken the time to analyse the market and to come out with anything close to what we expect.

Bitcoin already crossed 50k, and it is exciting to be a holder at this time, not just someone hearing about all the bullish prices and outside regretting because they have no bitcoins. I consider it a very good sign as well because it is evidence that this halving will take the value of bitcoins really up maybe more than what we expect.

There can be some drawback maybe by an event that may just happen to bring the price down again, but as long as bitcoin has done more than 50k before the halving, it has already shown us the greenlight we want to see that a new ATH will be set.

The price of Bitcoin crossed $52K today and this could be a sign that Bitcoin will probably continue to rise this month and will never stop at the current price. Because I don't see excessive price corrections in a matter of hours and in fact often immediately get price corrections to increase when there is a slight correction so that the increase in Bitcoin prices could continue to an even greater level than the current one. So for investors it seems there is still time to be patient and not sell now if you still want more profits.

That's true, for those who have been in this game, we all know that sooner or later we will see the price increasing again. It might take a lot of though, like mentally tough for us. But if you have been building our portfolio, then it's just the start.

If everyone hasn't seen the price, then thread is outdated, 

We are now going after $52k, and then most likely the next target will be $55k. So for sure, those moon boys are here again.

The faith has been there for those who understand Bitcoin, for hodling it for long-term purposes. It's only those newbies who don't understand bitcoin volatility will be drawn to it because of FOMO, thinking that they will win a short-term jackpot if they invest in bitcoin at its high price.

I wouldn't be surprised if many investors would start to invest in bitcoin because there is a price increase. When it was at a low price, they were procrastinating about its price, thinking that the crypto market wouldn't boom. Now the price has increased, they start having FOMO. When they are caught from its price due to they invested for short term, they start complaining about the loss of investment made in bitcoin

People never learn from their mistakes. I registered on this forum in 2016 and I remember when some people were posting that Bitcoin would reach 10K and 20K in 2017, they were treated with laugh and many were even calling them spammers and stupids. Today we see Bitcoin reaching and surpassing 50K USD. I think this year will be the first year when we will reach a new all-time high before halving happens. 72 days have left, bitcoin gained so much in the past 72 days that I am confident, this year will be different from previous ones.

Yes we are back it feels so nice to see this price. We did not see it for 2 years before now.

Well and now Bitcoin is price of 51k and we are back with a $1 Trillion marketcap. I do think alot of that is because of the halving hype that we will see in only a few months now. 

https://www.cnn.com/2024/02/13/business/bitcoin-price-surge-halving/index.html

Bitcoin price has pumped up to a maximum of 50k dollars. 2023 and 2024 have been record highs, those who invested in early 2023 have been able to reap maximum benefits. 
The higher the price of Bitcoin, the higher the profit, the lower the risk of investing in Bitcoin.

I have been expecting to see this kind of topic for a while now since the Bitcoin market made a turn-up over the last few days, and this could have become one of the most speculative times for most Bitcoin investors and analysts, this is because the majority of them did not expect Bitcoin to do the kind of market movement and for sure Bitcoin has surprised many of it, investors in this last few days.
However, this is expected to happen since bitcoins are volatile assets and their holding can take alot of time and many expected occurrences that could lead any gullible investor into making some decisions that can affect the overall outcome of the profit margin for the investors.

Bitcoin 50 thousand dollars is a very happy moment for every user and investor. This time in particular is very exciting for me because I have a lot of success in Bitcoin and Ethereum right now. But I expect the market to go higher as we have halving ahead and after the halving there will definitely be more bull run in the market. Now it's just time for us to wait and of course we will wait and achieve something good. But those who haven't prepared to invest yet or have prepared to invest but have stopped due to market rise I would say go ahead and invest soon the bull run of the market will start. Currently the market growth is not much then when the bull season starts the market will generate maximum ATH.

I think the guess is with this kind of price fluctuations it means one thing, halving is near, since he said 60 days which is the days left to halving. And as we all know the halving is the period where miners are not happy for two reasons; Jen been that the block reward will be halved, also this period of price fluctuations and a potential bull run arriving many people do not make many bitcoin transactions as they stick to holding till they beat the ATH which means less congestion on the mempool and less transaction fee for miners to pile up.

As for the bitcoin price my predictions is that we will be very close to the or could be $100k before or during the first quarter of next year. This year it is still realistic with even the FOMO that the current approved ETFs have caused.

By that, do you mean bitcoin's price is too low for miners to continue to mine profitably?  I assume it is, since my pea-brained understanding is basically that when they start getting half the rewards they'd need double whatever the price is that keeps them in the black.  Yeah, I've been around the bitcoin space for years but never dabbled in mining--but I know you have, so I'm curious about that aspect.

But I guess it could be a hell of a lot worse for them, right?  Fact is, bitcoin has been rising for a while now and $50k might just be the first milestone (if you can call it that; bitcoin's already been there) on the way to whatever valuation you consider the moon to be.  $100k might take a while, but this time around I'm not even going to think of saying something stupid like it'll take years to get there.  I have so much egg on my face I should change my username to OmletteHead.

This alone has gained a lot of tractions in the community as everyone sees such as the talk of the town, for bitcoin to have achieved back its once state of $50,000 over a long while, if this can get peoples attention to that extent, how will it then feels when the market becomes as highly profitable after the halving when bullrun began, we don't know how far this could have taken us to by then, we should be more expectant of better days ahead with bitcoin investment, its adoption will be one of the greatest things that could ever happened to us.

my bitcoin has reached to this point you will see that many people will rush to purchase more Bitcoin and put in their wallet thanking that price of Bitcoin will continue to increase so therefore I believe that bitcoin price always rise to this point, because in last 2 years or 3 years bitcoin price rise to up to sixt nine thousand [69k] and every person who have Bitcoin celebrated the increment of Bitcoin at that particular point but later the price continue to depreciate to the extent that is the Falls to the point it is started to rise now so what I'm saying in Essences that there is everything tendency that bitcoin price may fall at any point in time so the price hitting fifty thousand should not marvel anyone or get anyone astonished because it has happened before and it may fall back when their is lesser adoption in bitcoin and false news of bitcoin comes up.

Recently, Bitcoin has seen a lot of price improvements in the market and one of them is that the Bitcoin price has reached $50K, which is generally not too far from the previous ATH price. And yes, I also think that this achievement is good news for everyone, especially for those who still hold Bitcoin with extraordinary trust, so it will certainly make their hearts quite happy because what they are waiting for is clearly visible before their eyes. However, today I also saw a slight price correction in Bitcoin which probably won't bother the minds of people who believe in Bitcoin because it could only be for a while.

Halving isn't even here yet so it's very exciting to see the price this high already. When the price went to $30k last year, someone also created a thread about it. He went sad for a bit after it fell to $25k but bounced again. This is a rollercoaster ride, one moment you feel excited and the next day you feel down, and then up again.

When the halving finally is here, I think we are really going to see more than $100k this year. We didn't see it happen in the last bull run but it could go beyond $100k by 2025. There is nowhere else to go but up.

50k is a disaster for miners. In 60 days miners are in a lot of trouble.

I know they seems to be the same but if you look they posted it in separate board meaning this post can be allowed here, to me here is the right section to create the topic and not the place the thread you referenced on. So In my opinion there is 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 doesn't mean they won't discussed about the price in any other board, and I think hitting $50k price is a thing of Joy and you can't expect everyone to control their feelings by looking for a particular topic to share their excitement.

Haha, seems like OP ignored your request to lock the thread by applying the Sgima rule #####. Seems like he's so obsessed with Bitcoin and he wants to have a separate conversation on his own thread.

50k done haha yaaa hooo..  LOL what's next 55k done or new ATH done  . (Just Chill).

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OP people won't be adopting a good strategy now as you know market is currently pushing prices ho hard, now this will create a FOMO gain, People who are new and now believe in Bitcoin will lose all their faith in a decent correction because they are not much aware of the market phycology. At that time won't have control over their emotion which leads them to make wrong decisions such as selling at a loss, taking an exit by considering that the market is not going back to the last price etcc etc. Also, keep in mind whenever the market gains mature capital it leads mature people to rush in to avail the opportunity, and there they make a big mess.

A similar topic has been raised yesterday. Kindly lock this thread and continue the discussion here;
50k is exciting

Finally Bitcoin 50k Done. This is very good news for us. This is very happy news especially for Bitcoin holders. Since bitcoin is at 50k, I think now people who are not bitcoin holders, or who have never invested in bitcoin, are now addicted to bitcoin and those who stopped holding because of fear of falling bitcoin price will now hold long term in bitcoin, because I think, for the price of bitcoin is now 50k, for this has created faith in bitcoin in the minds of those failed holders. And they will definitely hold bitcoin long-term later.

What is your view on this matter?
And please correct me if I am wrong in any way.