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Topic: Bitcoin All-Time High almost reached yesterday - page 3. (Read 1760 times)

copper member
Activity: 252
Merit: 4
So, 81.8K is the highest so far on coinmarketcap. Yesterday, when BTC reached the 80K level and quickly fell down to 79K again. I thought BTC would struggle to reach 81K because there would be some selling pressure at the 80K price range. 80K is a nice round figure to sell if someone is in profit already. So I expected a lot of sales pressure. But the Bulls decided something else and broke that range a couple of times.
The current price is 80.9K, but the market is positive and it can make another new ATH today by crossing the 82K price range. We will see the result tomorrow because today is the first day of the stock market and it affects the online market a little late. I hope ETF investors are still buying and holding.
Bitcoin is pumping day by day, we are seeing a new ATH every 2 days on average for some time now which is positive for Bitcoin market. The market is not getting the sellers as expected. The market says sellers are aiming for $80k or not $85k. Most investors are expecting more than $80k and they are waiting for the expected price. During the Bitcoin hype the number of buyers in the market is increasing which is pushing the Bitcoin further bullrun. We may soon see a price higher than $81.8k which will be Bitcoin's all-time high or new ATH.
Bitcoin Price Hits $88K, Sets New ATH
10 hours ago
Bitcoin price skyrocketed to a record $88,000, entering a price discovery phase with an uncertain future trajectory.
Bitcoin's limited supply and growing institutional interest are pushing prices up.
Recent halving events that reduced new Bitcoin creation coupled with large investors like MicroStrategy buying in are contributing to Bitcoin's bullish outlook.

https://coingape.com/bitcoin-price-hits-85k-sets-new-ath/

We are in for a ride, that's for sure.
The interesting detail would be when the ride would halt and we would need to see the alts and how they behave when the BTC DOM factor is down.
copper member
Activity: 182
Merit: 6
They already have this faith and skin put into it, it would jus reinforce it and get them to go further - pushing the price even more.
I do hope that all the starts will align for the corrections to be not very harsh on us  Grin
understand the fact that faith has nothing to do with it. There are other factors involved. You must understand what the pricing conditions are. So what if investors buy Bitcoin? At any moment, a serious drop can occur if one of the large holders decides to sell a large volume of coins. The picture will not be so rosy. So always keep in mind that this can happen, and it happens quite often.

It can happen, that would be a correction.
But the investor buys because he has faith, doesn't he? He puts his skin into it. In BTC, in that example.
 Roll Eyes It's natural that after a rally, there would be a drop in price.
?
Activity: -
Merit: -
It looks like $100k  will soon be breached by Bitcoin.  We have seen that little by little, as Bitcoin records new ATH, it is eating up the needed amount to reach another milestone of its history, that is reaching $100k  a piece. 

I am very positive that there is a huge chance for Bitcoin to reach $150k next year and probably people are expecting Bitcoin to price at $100k  before the end of this year.  I believe Trump winning the presidency and being open in supporting Bitcoin give more fuel to the fire of Bitcoin bull run.  Unless some major country's policy counters this uptrend of Bitcoin, we might see the Bitcoin market going crazy day by day until the ultimate ATH of the cycle.

It's either that or a good and big correction-candle after $100k or so.
It's interesting to see when the rally would stop in its course.
copper member
Activity: 126
Merit: 6
Holy shit, 10-11% increase in a single day! Shocked The price is around 89.9k. In just a split second, it increased from 89.4k to 89.9k. If this continues to keep going like that, it'll surpass 100k in no time! We still have some times left until the end of 2024. I hope, I really really hope that it crosses 100k! Fingers crossed!

That would be great, and afterward - don't expect it to stay that way for long, there may be a correction, so, be ready  Grin Either to go out earlier or to grab better positions.
sr. member
Activity: 322
Merit: 318
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Holy shit, 10-11% increase in a single day! Shocked The price is around 89.9k. In just a split second, it increased from 89.4k to 89.9k. If this continues to keep going like that, it'll surpass 100k in no time! We still have some times left until the end of 2024. I hope, I really really hope that it crosses 100k! Fingers crossed! So far everything looks strong and promising!
legendary
Activity: 3052
Merit: 1281
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It looks like $100k  will soon be breached by Bitcoin.  We have seen that little by little, as Bitcoin records new ATH, it is eating up the needed amount to reach another milestone of its history, that is reaching $100k  a piece. 

I am very positive that there is a huge chance for Bitcoin to reach $150k next year and probably people are expecting Bitcoin to price at $100k  before the end of this year.  I believe Trump winning the presidency and being open in supporting Bitcoin give more fuel to the fire of Bitcoin bull run.  Unless some major country's policy counters this uptrend of Bitcoin, we might see the Bitcoin market going crazy day by day until the ultimate ATH of the cycle.
sr. member
Activity: 1572
Merit: 267
The bullrun will be on til 27/8. Next year. My birthday.

Virgin..
member
Activity: 158
Merit: 21
So, 81.8K is the highest so far on coinmarketcap. Yesterday, when BTC reached the 80K level and quickly fell down to 79K again. I thought BTC would struggle to reach 81K because there would be some selling pressure at the 80K price range. 80K is a nice round figure to sell if someone is in profit already. So I expected a lot of sales pressure. But the Bulls decided something else and broke that range a couple of times.
The current price is 80.9K, but the market is positive and it can make another new ATH today by crossing the 82K price range. We will see the result tomorrow because today is the first day of the stock market and it affects the online market a little late. I hope ETF investors are still buying and holding.
Bitcoin is pumping day by day, we are seeing a new ATH every 2 days on average for some time now which is positive for Bitcoin market. The market is not getting the sellers as expected. The market says sellers are aiming for $80k or not $85k. Most investors are expecting more than $80k and they are waiting for the expected price. During the Bitcoin hype the number of buyers in the market is increasing which is pushing the Bitcoin further bullrun. We may soon see a price higher than $81.8k which will be Bitcoin's all-time high or new ATH.
Bitcoin Price Hits $88K, Sets New ATH
10 hours ago
Bitcoin price skyrocketed to a record $88,000, entering a price discovery phase with an uncertain future trajectory.
Bitcoin's limited supply and growing institutional interest are pushing prices up.
Recent halving events that reduced new Bitcoin creation coupled with large investors like MicroStrategy buying in are contributing to Bitcoin's bullish outlook.

https://coingape.com/bitcoin-price-hits-85k-sets-new-ath/
hero member
Activity: 980
Merit: 947
So, 81.8K is the highest so far on coinmarketcap. Yesterday, when BTC reached the 80K level and quickly fell down to 79K again. I thought BTC would struggle to reach 81K because there would be some selling pressure at the 80K price range. 80K is a nice round figure to sell if someone is in profit already. So I expected a lot of sales pressure. But the Bulls decided something else and broke that range a couple of times.

The current price is 80.9K, but the market is positive and it can make another new ATH today by crossing the 82K price range. We will see the result tomorrow because today is the first day of the stock market and it affects the online market a little late. I hope ETF investors are still buying and holding.
In a bull market, new ATXs will be normal and very common, so you can get used to it for a while. But I don't think there will be many people willing to sell now, despite reaching round numbers like 80k or 90k, because the market is now in a phase of great positivity and everyone expects growth to continue, it all started with Trump's victory and is still ongoing. As for the round number, at which we will most likely see big sales, it could be 100k, but it will also depend on how quickly we reach these values, if bitcoin reaches 100k before the new year, then I don't think there will be big sales either, because it will be before Trump's inauguration.
sr. member
Activity: 588
Merit: 338
Well we have certainly hit the new all time high now and I think we did here in what, the last couple hours? I just fell asleep on my couch to take a nap that I had planned on doing for maybe and house and woke up 5-6 hours later lol, so I haven't been able to keep up but last I just checked we are around 81k-ish.  Which is still just mind blowing to me and how far we've come since I started "getting in to it"  About a decade at this point.

I think it's not over yet at all - and 100k is at stake, or even more.
There may be some corrections along the way, but the fact an opportunity remains.
Ofcourse it's not yet over, $100k ATH is a certain, only we don't know how soon we'll see it, but we're almost there, what we need now is patience. Except perhaps some whales that are in need to take profits decides to offload their bags that'll result to supply being greater than demand, that is when we can see some setback. But no matter what happens price will rally and we'll see a $100k ATH and beyond before bear run kicks in. Thanks to the Trump, win that kick-started this rallying, I'm optimistic that the peak of bull run will happen between now and the beginning of second quarter of 2025.
full member
Activity: 224
Merit: 128
Patience and hard work are the keys to success.
So, 81.8K is the highest so far on coinmarketcap. Yesterday, when BTC reached the 80K level and quickly fell down to 79K again. I thought BTC would struggle to reach 81K because there would be some selling pressure at the 80K price range. 80K is a nice round figure to sell if someone is in profit already. So I expected a lot of sales pressure. But the Bulls decided something else and broke that range a couple of times.
The current price is 80.9K, but the market is positive and it can make another new ATH today by crossing the 82K price range. We will see the result tomorrow because today is the first day of the stock market and it affects the online market a little late. I hope ETF investors are still buying and holding.
Bitcoin is pumping day by day, we are seeing a new ATH every 2 days on average for some time now which is positive for Bitcoin market. The market is not getting the sellers as expected. The market says sellers are aiming for $80k or not $85k. Most investors are expecting more than $80k and they are waiting for the expected price. During the Bitcoin hype the number of buyers in the market is increasing which is pushing the Bitcoin further bullrun. We may soon see a price higher than $81.8k which will be Bitcoin's all-time high or new ATH.
hero member
Activity: 1176
Merit: 578
They already have this faith and skin put into it, it would jus reinforce it and get them to go further - pushing the price even more.
I do hope that all the starts will align for the corrections to be not very harsh on us  Grin
understand the fact that faith has nothing to do with it. There are other factors involved. You must understand what the pricing conditions are. So what if investors buy Bitcoin? At any moment, a serious drop can occur if one of the large holders decides to sell a large volume of coins. The picture will not be so rosy. So always keep in mind that this can happen, and it happens quite often.
hero member
Activity: 770
Merit: 482
So, 81.8K is the highest so far on coinmarketcap. Yesterday, when BTC reached the 80K level and quickly fell down to 79K again. I thought BTC would struggle to reach 81K because there would be some selling pressure at the 80K price range. 80K is a nice round figure to sell if someone is in profit already. So I expected a lot of sales pressure. But the Bulls decided something else and broke that range a couple of times.

The current price is 80.9K, but the market is positive and it can make another new ATH today by crossing the 82K price range. We will see the result tomorrow because today is the first day of the stock market and it affects the online market a little late. I hope ETF investors are still buying and holding.
copper member
Activity: 182
Merit: 6
Bitcoin has pumped up with higher moves today, reaching $79,993.54 today, which is a very good thing. Because we also thought Bitcoin would pump $80K+ by this month, and today it was only $7 less from $80K, which we can assume to be $80K. However, this pump in the market will lead many investors to gain more faith in Bitcoin. Bitcoin's current upward momentum gives some idea that we may eventually see Bitcoin price up to $95k plus this year. However, the future of Bitcoin is going to be even brighter now, the price of Bitcoin will increase further, continue holding.

They already have this faith and skin put into it, it would jus reinforce it and get them to go further - pushing the price even more.
I do hope that all the starts will align for the corrections to be not very harsh on us  Grin
?
Activity: -
Merit: -
Be careful with how you sell your bitcoins now and don't give in to the FOMO, make sure that you're sticking to your DCA because you will never know, at this point in time, the price of bitcoin could still go down and at this specific moment that we are careful with how we sell or buy bitcoin because you might miss out on big things because you have the wrong timing in your buys and sells. Such a good feeling that I was able to get myself a lot of bitcoins before this price pumps, one really can never regret buying too much bitcoin if you look at stuff in the long-term.

I agree. Targets should be put in place and of course, you shouldn't get rid of your bags in one swift move - diversify the risks, do it organically and slowly, look at the factors at place, and stay responsible and true to the cause. And, at any price - it's worth getting more of BTC.
copper member
Activity: 126
Merit: 6
Pre-election, yeah, we would not forget that? Price is very volatile, and the highest we got is $71k that time and we thought that we will reach a new all time high. But every time that there is a huge pump, the market is going on a massive correction. But we are still hoping that when Trump win or if ever he will win, the price is going to be on a parabolic rise, and that is what we have seen in the last couple of days after the election.

And the effect is not only to crypto but we have seen like $MSTR surging almost 20%. And with that kind of uptick, Microstrategy has now a unrealized profits of $10 billion from their holdings of BTC.

I do think that the correction will take place pretty soon and many people may got liquidated from it, ensuring the growth from there going straight into $100k+. Big hands will grab better positions for themselves and propel things forward.
copper member
Activity: 252
Merit: 4
Well we have certainly hit the new all time high now and I think we did here in what, the last couple hours? I just fell asleep on my couch to take a nap that I had planned on doing for maybe and house and woke up 5-6 hours later lol, so I haven't been able to keep up but last I just checked we are around 81k-ish.  Which is still just mind blowing to me and how far we've come since I started "getting in to it"  About a decade at this point.

I think it's not over yet at all - and 100k is at stake, or even more.
There may be some corrections along the way, but the fact an opportunity remains.
legendary
Activity: 2282
Merit: 3014
Well we have certainly hit the new all time high now and I think we did here in what, the last couple hours? I just fell asleep on my couch to take a nap that I had planned on doing for maybe and house and woke up 5-6 hours later lol, so I haven't been able to keep up but last I just checked we are around 81k-ish.  Which is still just mind blowing to me and how far we've come since I started "getting in to it"  About a decade at this point.
legendary
Activity: 2576
Merit: 1655
Be careful with how you sell your bitcoins now and don't give in to the FOMO, make sure that you're sticking to your DCA because you will never know, at this point in time, the price of bitcoin could still go down and at this specific moment that we are careful with how we sell or buy bitcoin because you might miss out on big things because you have the wrong timing in your buys and sells. Such a good feeling that I was able to get myself a lot of bitcoins before this price pumps, one really can never regret buying too much bitcoin if you look at stuff in the long-term.
Because the way the price is moving, I guess it will hit $100k above before the end of this year because the price has pump to $80k which is the highest price we have registered from the beginning of the BTC price, and it has helped many people to sell their BTC to earn profits. The price will surely go down, but it will not going to happen in the remaining months of this year, and if you want to use DCA method to accumulate BTC, it will be good you wait for bear run to come before you can use the method because the price is still pumping, which it may continue pumping higher through out this year.

I know you will still buy BTC when the price start dumping again, because next year will be bear run through out next year because this year bull run has showed us how next season will look like to buyers.
With the impact that Bitcoin is having on the market, especially the way its price has risen today, we may see a big uptrend in the price of Bitcoin before the end of this year. Although the US pre-election situation was not very satisfactory for bitcoin price, since Trump came to power, the Bitcoin market has seen a big impact. Today the new ATH achieved and this continuation is very likely almost daily especially till 100K. However, crypto markets are volatile and it is normal to have minor corrections. At times the price of Bitcoin is increasing to such an extent that many investors expect Bitcoin to touch ATH before they imagine. Bitcoin has gained 5.7 percent in the last 24 hours today and is only a matter of time away from hitting 100K.

Pre-election, yeah, we would not forget that? Price is very volatile, and the highest we got is $71k that time and we thought that we will reach a new all time high. But every time that there is a huge pump, the market is going on a massive correction. But we are still hoping that when Trump win or if ever he will win, the price is going to be on a parabolic rise, and that is what we have seen in the last couple of days after the election.

And the effect is not only to crypto but we have seen like $MSTR surging almost 20%. And with that kind of uptick, Microstrategy has now a unrealized profits of $10 billion from their holdings of BTC.
member
Activity: 77
Merit: 10
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