Bitcoin All-Time High almost reached yesterday - page 5.

AsiaHODL

newbie

Activity: 19

Merit: 2

Quote from: Baofeng on November 06, 2024, 08:02:58 PM

Quote from: LogitechMouse on November 06, 2024, 01:32:13 AM

Quote from: rdbase on November 05, 2024, 11:26:12 PM

Bitcoin has officially reached it's all-time high and is surging forward currently $74,900 closing in on $75,000 due to the way the election results are going in favor of a Trump victory very soon.

https://cointelegraph.com/news/bitcoin-new-all-time-high-united-states-elections-donald-trump-kamala-harris

For those traders out there, get ready for a roller coaster ride. Cheesy

Just a few hours after the huge lead from Trump, we've seen the price going up already and reaches as high as $75,000 then consolidated a bit back to $73,000.

By the time I'm posting this, Bitcoin reached another ATH again at $75,208 on Coinmarketcap ($75,300 on Coingecko), and I expect more upwards pressure in the upcoming days and weeks before having a short correction. I guess it's safe to say now that Trump won the Election now, eh? As for us Bitcoin holders, investors, or anybody that's using Bitcoin, can we consider the win of Trump a win for Bitcoin as well? Why or Why not? Sorry for the question, but it just popped out on my mind as soon as I'm making this post. Cheesy

And it is still $75,331 as of this moment, so after a correction, maybe there are speculators who sold and take small profits, and there could be reports that it is still very close fight between Trump and Harris. However, it's very clear that Trump had won already, so the price keeps pushing up and hitting another all time high. So now, we will wait how big this rally will be for us.

Remember that this is just the beginning, or this could be the news that we all have been waiting to see. Maybe some of us here doesn't want Trump to win, but it is what it is. The Americans have spoken, so let's see if Trump will make his promise to make Bitcoin or crypto his centerpiece or US will have a relax regulations. Congrats those who are still holding by this time and seeing their wallet grows x folds by now. But we should keep holding as next year if Trump officially sits at the White House, we might see 6 figures already.

Gotta laugh at all the BTC haters who say stuff like "Oh but BTC is too volitile"

Baofeng

legendary

Activity: 2576

Merit: 1655

Quote from: LogitechMouse on November 06, 2024, 01:32:13 AM

Quote from: rdbase on November 05, 2024, 11:26:12 PM

Bitcoin has officially reached it's all-time high and is surging forward currently $74,900 closing in on $75,000 due to the way the election results are going in favor of a Trump victory very soon.

https://cointelegraph.com/news/bitcoin-new-all-time-high-united-states-elections-donald-trump-kamala-harris

For those traders out there, get ready for a roller coaster ride. Cheesy

Just a few hours after the huge lead from Trump, we've seen the price going up already and reaches as high as $75,000 then consolidated a bit back to $73,000.

By the time I'm posting this, Bitcoin reached another ATH again at $75,208 on Coinmarketcap ($75,300 on Coingecko), and I expect more upwards pressure in the upcoming days and weeks before having a short correction. I guess it's safe to say now that Trump won the Election now, eh? As for us Bitcoin holders, investors, or anybody that's using Bitcoin, can we consider the win of Trump a win for Bitcoin as well? Why or Why not? Sorry for the question, but it just popped out on my mind as soon as I'm making this post. Cheesy

And it is still $75,331 as of this moment, so after a correction, maybe there are speculators who sold and take small profits, and there could be reports that it is still very close fight between Trump and Harris. However, it's very clear that Trump had won already, so the price keeps pushing up and hitting another all time high. So now, we will wait how big this rally will be for us.

Remember that this is just the beginning, or this could be the news that we all have been waiting to see. Maybe some of us here doesn't want Trump to win, but it is what it is. The Americans have spoken, so let's see if Trump will make his promise to make Bitcoin or crypto his centerpiece or US will have a relax regulations. Congrats those who are still holding by this time and seeing their wallet grows x folds by now. But we should keep holding as next year if Trump officially sits at the White House, we might see 6 figures already.

GbitG

sr. member

Activity: 854

Merit: 364

Enjoy 500% bonus + 70 FS

Quote from: BALIK on November 05, 2024, 03:44:15 AM

~snip~

Yes, Trump is much better for Bitcoin and if we want Bitcoin to grow strongly vote for Trump.

Hmmm, that's true buddy, but If Trump fulfills his promises, then Otherwise, Trump will be like those who were in the past, just making false promises for their own benefit and not fulfilling them.

But anyway, if Trump fulfills all the promises that he made during his campaign, it means that Trump said that he will abolish all the anti-crypto policies made by Biden and create a new era, which will be called the digital era. Will make all rules and regulations as per the pro-crypto syllabus, etc. So our crypto industry can really benefit from Trump being the president.

Now let's see what happens. These politicians say everything for their own interests, but there are very few people who fulfill their words.

fruktik

hero member

Activity: 1176

Merit: 578

Today and at this very moment Bitcoin has reached the $75,000 mark. What an unexpected turn of events. I didn't think that this level would be surpassed so soon. So what? It remains to congratulate all those who bet on such an event. I am happy about this circumstance and for me this is a significant date. It is very likely that it will go down in history. Let us all remember this wonderful moment and historical date.

LogitechMouse

legendary

Activity: 2576

Merit: 1043

Need A Campaign Manager? | Contact Little_Mouse

Quote from: rdbase on November 05, 2024, 11:26:12 PM

Bitcoin has officially reached it's all-time high and is surging forward currently $74,900 closing in on $75,000 due to the way the election results are going in favor of a Trump victory very soon.

https://cointelegraph.com/news/bitcoin-new-all-time-high-united-states-elections-donald-trump-kamala-harris

For those traders out there, get ready for a roller coaster ride. Cheesy

Just a few hours after the huge lead from Trump, we've seen the price going up already and reaches as high as $75,000 then consolidated a bit back to $73,000.

By the time I'm posting this, Bitcoin reached another ATH again at $75,208 on Coinmarketcap ($75,300 on Coingecko), and I expect more upwards pressure in the upcoming days and weeks before having a short correction. I guess it's safe to say now that Trump won the Election now, eh? As for us Bitcoin holders, investors, or anybody that's using Bitcoin, can we consider the win of Trump a win for Bitcoin as well? Why or Why not? Sorry for the question, but it just popped out on my mind as soon as I'm making this post. Cheesy

rdbase

legendary

Activity: 2828

Merit: 1497

Join the world-leading crypto sportsbook NOW!

Bitcoin has officially reached it's all-time high and is surging forward currently $74,900 closing in on $75,000 due to the way the election results are going in favor of a Trump victory very soon.

https://cointelegraph.com/news/bitcoin-new-all-time-high-united-states-elections-donald-trump-kamala-harris

BALIK

copper member

Activity: 2282

Merit: 608

🍓 BALIK Never DM First

Quote from: justdimin on November 04, 2024, 10:31:51 AM

Quote from: Baofeng on November 04, 2024, 05:17:17 AM

Quote from: Iranus on November 03, 2024, 10:00:27 PM

Bullish is good, especially when we look at history, we are entering a bull season but I think making predictions should also take into account micro and macro factors. We cannot make predictions without basis and based only on our wishes. People say $80k is within reach but what gives bitcoin a chance to reach that level this month? While macro factors such as elections, interest rates or war situations all have a significant impact on the market.

We can, that's what we call "wild and educated guess", the thing is, there are those who make predictions that doesn't sound achievable at this point. Maybe in the future we might see what others speculate like $500k-$1million per pop. Not going to happen this bull run.

Not going to happen this bull run, but it will happen one day. I am certain that in our lifetime we are going to see 500k+ price happen, a likely possibility would be after next halving, not this one, and if it doesn't happen by now (which I would be shocked if not) then we would see it halving after that one. Trump or Kamala doesn't matter ,no matter whatever happens, the price will go up, I have supported this idea since day one because the reality is people do wait for the investments.

The difference is, if trump wins then there will be more hype and that is why the price would go up but go up a lot, whereas if Kamala wins, there won't be any extra hype, price would still go up, just not as much as if trump wins.

I am not saying that bitcoin will not reach $500k but it is still too early to talk about bitcoin reaching $500k+, the future is unpredictable and we should not exaggerate. Bitcoin price will depend entirely on supply and demand and we cannot know how the demand for bitcoin will change in the future, so it is impossible to say anything in advance.
Furthermore, let's not forget that as bitcoin gets bigger, its growth rate slows down, so even if bitcoin has the potential to grow and reach $500k, it will be very difficult to achieve that in the coming years (next cycle).

Yes, Trump is much better for Bitcoin and if we want Bitcoin to grow strongly vote for Trump.

Lida93

hero member

Activity: 938

Merit: 605

Leading Crypto Sports Betting & Casino Platform

Quote from: ? on November 04, 2024, 05:27:08 AM

Only if geopolitics won't bite us again like it was done not quite long ago.
Hopefully, the rally will continue and we will see the results of it in 2025.
And going forward.

The geopolitics events takes just a short time effect on bitcoi price especially those of the Middle East and saw how bitcoin peaked back after a few days. So in my observation if we keep getting positive news from the West and addition to a few more institutional buying just like the Semler Scientific company just did by recently stacking more $3 million worth of bitcoin to their portfolio making it a total of $71million in hodling. Which am suspecting could have been part of the trigger in bitcoin price almost cutting closer to a new ATH during the weekend. https://twitter.com/BTC_Archive/status/1853549386858475525?t=6mggk8pUbh5BZh9Xmqr1Vw&s=19

RockBell

sr. member

Activity: 952

Merit: 391

Underestimate- nothing

Quote from: tread93 on November 03, 2024, 06:29:53 PM

80k is definitely within reach I think it’ll fly this month and next month though truly. It’s the season of Bitcoin and new all time highs and is really am excited to see what the next one will be we are inching along

What makes you think it will happen this month is that you don't let yourself get swept away by certain market events. If you do, you risk becoming blinded by the market and having low expectations for what you have set your mind to. Bitcoin was all green, but it's now all red, so you can't always get the right predictions. And that's is why you have to understand the system and be careful in some certain periods, because those periods might make the price to be very unstable look at the US election thay is coming you know that no matter what it will definitely affect the price.

80k will not be possible suddenly because the shape that the market is taking won't allow it joke extremely to 80k everyone will be definitely excited, but it will take time for bitcoin to archive 80k, even if the price crosses over it will be a moment of joy.

justdimin

hero member

Activity: 3164

Merit: 675

www.Crypto.Games: Multiple coins, multiple games

Quote from: Baofeng on November 04, 2024, 05:17:17 AM

Quote from: Iranus on November 03, 2024, 10:00:27 PM

Bullish is good, especially when we look at history, we are entering a bull season but I think making predictions should also take into account micro and macro factors. We cannot make predictions without basis and based only on our wishes. People say $80k is within reach but what gives bitcoin a chance to reach that level this month? While macro factors such as elections, interest rates or war situations all have a significant impact on the market.

We can, that's what we call "wild and educated guess", the thing is, there are those who make predictions that doesn't sound achievable at this point. Maybe in the future we might see what others speculate like $500k-$1million per pop. Not going to happen this bull run.

Not going to happen this bull run, but it will happen one day. I am certain that in our lifetime we are going to see 500k+ price happen, a likely possibility would be after next halving, not this one, and if it doesn't happen by now (which I would be shocked if not) then we would see it halving after that one. Trump or Kamala doesn't matter ,no matter whatever happens, the price will go up, I have supported this idea since day one because the reality is people do wait for the investments.

The difference is, if trump wins then there will be more hype and that is why the price would go up but go up a lot, whereas if Kamala wins, there won't be any extra hype, price would still go up, just not as much as if trump wins.

?

Activity: -

Merit: -

Quote from: tread93 on November 03, 2024, 06:29:53 PM

Quote from: Hamza2424 on November 01, 2024, 09:19:25 AM

Quote from: Sexylizzy2813 on October 31, 2024, 10:05:18 PM

Bitcoin movement movement have been busy of late and from how busy it has been we would have seen the ATH and probably a new ATH about 1 day or 2 days back. The market movement has been promising and we should definitely appreciate it because this very moment of November can be the month it could get to $80k and it could surpass that if October, I'm not really sure but base on how drastic it has been. Few hours back Bitcoin price was $70k when I checked but as of now is $69k and I'll say is making progress because I know before we get to a new week it will get back to $70-73k hopefully.

Hmm, that's for sure and I was expecting a good end of October and Bitcoin did it I'm still hopeful for the $80k as I'm enforcing this through this entire year that we can for sure hit an ATH of 80k before the end of the year 2024 but seems like it is gonna be the limit for this year as well, 80k till the mid of November and for the rest a full-time cyclic peak can be expected in Q2 of the year 2025.

80k is definitely within reach I think it’ll fly this month and next month though truly. It’s the season of Bitcoin and new all time highs and is really am excited to see what the next one will be we are inching along

Only if geopolitics won't bite us again like it was done not quite long ago.
Hopefully, the rally will continue and we will see the results of it in 2025.
And going forward.

Baofeng

legendary

Activity: 2576

Merit: 1655

Quote from: Iranus on November 03, 2024, 10:00:27 PM

Quote from: tread93 on November 03, 2024, 06:29:53 PM

80k is definitely within reach I think it’ll fly this month and next month though truly. It’s the season of Bitcoin and new all time highs and is really am excited to see what the next one will be we are inching along

Bullish is good, especially when we look at history, we are entering a bull season but I think making predictions should also take into account micro and macro factors. We cannot make predictions without basis and based only on our wishes. People say $80k is within reach but what gives bitcoin a chance to reach that level this month? While macro factors such as elections, interest rates or war situations all have a significant impact on the market.

We can, that's what we call "wild and educated guess", the thing is, there are those who make predictions that doesn't sound achievable at this point. Maybe in the future we might see what others speculate like $500k-$1million per pop. Not going to happen this bull run.

Quote from: Iranus on November 03, 2024, 10:00:27 PM

The scenario for bitcoin to hit $80k would be if Trump wins the election, the Fed announces a rate cut on November 7, and there are no surprises from Iran and Israel. But if the news is negative, we should prepare for a drop instead of a bitcoin price increase like we think.

I do agree about the effect of the US election, as Trump is supposedly a pro-Bitcoin US president as what he propose, he will "make Bitcoin great" again. But we will see, he is still on the process of courting Bitcoin voters in the States. And we have somewhat had a bullish run last week when we almost established a new all time high.

Iranus

hero member

Activity: 1792

Merit: 534

Leading Crypto Sports Betting & Casino Platform

Quote from: tread93 on November 03, 2024, 06:29:53 PM

80k is definitely within reach I think it’ll fly this month and next month though truly. It’s the season of Bitcoin and new all time highs and is really am excited to see what the next one will be we are inching along

Bullish is good, especially when we look at history, we are entering a bull season but I think making predictions should also take into account micro and macro factors. We cannot make predictions without basis and based only on our wishes. People say $80k is within reach but what gives bitcoin a chance to reach that level this month? While macro factors such as elections, interest rates or war situations all have a significant impact on the market.

The scenario for bitcoin to hit $80k would be if Trump wins the election, the Fed announces a rate cut on November 7, and there are no surprises from Iran and Israel. But if the news is negative, we should prepare for a drop instead of a bitcoin price increase like we think.

tread93

hero member

Activity: 1386

Merit: 599

Quote from: Hamza2424 on November 01, 2024, 09:19:25 AM

Quote from: Sexylizzy2813 on October 31, 2024, 10:05:18 PM

Bitcoin movement movement have been busy of late and from how busy it has been we would have seen the ATH and probably a new ATH about 1 day or 2 days back. The market movement has been promising and we should definitely appreciate it because this very moment of November can be the month it could get to $80k and it could surpass that if October, I'm not really sure but base on how drastic it has been. Few hours back Bitcoin price was $70k when I checked but as of now is $69k and I'll say is making progress because I know before we get to a new week it will get back to $70-73k hopefully.

Hmm, that's for sure and I was expecting a good end of October and Bitcoin did it I'm still hopeful for the $80k as I'm enforcing this through this entire year that we can for sure hit an ATH of 80k before the end of the year 2024 but seems like it is gonna be the limit for this year as well, 80k till the mid of November and for the rest a full-time cyclic peak can be expected in Q2 of the year 2025.

80k is definitely within reach I think it’ll fly this month and next month though truly. It’s the season of Bitcoin and new all time highs and is really am excited to see what the next one will be we are inching along

Orpichukwu

sr. member

Activity: 686

Merit: 398

Quote from: betswift on November 01, 2024, 02:11:27 AM

Quote from: Outhue on November 01, 2024, 02:08:19 AM

This doesn't age well, Bitcoin dumped while many were bullish, what do you guys have to say now? We can still go even lower after Nov 5 too, I am not saying Bitcoin won't reach a new all time high but things don't always work out the way we want.

The big hands take it all Grin

2025 is to be awaited, in my opinion.

The US headline news, it's among the factors that I have seen have so much impact on the price of bitcoin, and with the upcoming election around the corner, I also appear to agree with the fact that we might likely not see Bitcoin cross over to the new ATH this year again. All bullish trends and expectations now all point at 2025.

Swordsoffreedom

legendary

Activity: 2884

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

Quote from: el kaka22 on November 01, 2024, 06:00:30 PM

This is why we keep saying that the bull run is upcoming and four year cycle will happen again and yet some people didn't believe that for some reason. I understand normally during 4 year cycles we would see situations where it wouldn't be the same and because of this people are doubtful about them. But at the same time we are going to see how things could change as well so people were worried.

Normally in previous bull runs, we had halving first, and a year later we had the peak, but this time we had all time high broken before the halving, because of ETF, and this worried some people. Seeing now how the bull run is starting again, we can say that it is not going to be similar and we are going to have some differences without a doubt but also have the increase yet again. Do not be worried about it, and keep trying your best and accumulate as much bitcoin as you can, and you should be doing fine without much trouble, I believe we are going to do very well and not really have issues.

Human nature is suspicious and when things don't go as expected, suspicions increase, so you shouldn't blame people when they doubt the 4 year cycle. Also isn't that a good sign? I mean bitcoin price always goes up in everyone's doubt and always surprises everyone. The growing number of skeptics and doubters about the bull market is a sign that nothing has changed, only human psychology has. Because if I'm not mistaken, in previous bull seasons, bulls often appeared unexpectedly, surprising everyone and many people missed the opportunity.

Furthermore, that's how financial markets work, what if everyone believed in bitcoin and held it regardless? I think the market cannot survive that way, it will collapse. Even though during the bull season we can easily make profits but in the end, not too many people will make profits and that is how the market works.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

Quote from: rdbase on November 02, 2024, 04:42:34 AM

Quote from: passwordnow on November 01, 2024, 06:41:22 PM

Quote from: fikrett on November 01, 2024, 01:53:34 AM

I woke up to BTC being $69k-ish, thus, I dig your thoughts about it - I do think that these corrections will continue, and afterward, it's gonna break, eventually.

It's possible that the corrections are going to come more in the next days to come. We're in November and the Uptober thing did sort of good but then if that's not much to see for that month, November is typically following whatever happened in the past month. Welp, we've been so close to the ATH and that didn't break the barrier and when it didn't get through, we went to a correction. But is this really a correction that we're sitting around $69kish? I'm not even convinced that this is something to be disappointed with because it's actually good to look at.

The support ranges from $65k-$69k. People still got plenty of time to see the new ATH before it arrives anytime soon. With that, it's best to just get into the position or if you don't know how to. It's best to do the effortless but one of the most effective strategies that has ever been known to this community, the DCA. And regardless of which info is right pertaining to the topic, the discussion goes on about the price itself.

It is hard to deny with whomever gets elected won't either pump or dump the price of bitcoin.
The democrats have proposed a tax on all crypto assets held while the Republicans have said they will not.
We will just have to wait and see what is to come in 3 days from now when the election has been settled.

Yeah, that's how it will be as we wait for the next few days until the election is done. I can't wait to see how the market will react once the winner and the POTUS has been announced.

Quote from: rdbase on November 02, 2024, 04:42:34 AM

Here is the latest on how this election will influence bitcoin:

I guess that I am leaning to that opinion that everyone is betting on to see $80k soon enough.

rdbase

legendary

Activity: 2828

Merit: 1497

Join the world-leading crypto sportsbook NOW!

Quote from: passwordnow on November 01, 2024, 06:41:22 PM

Quote from: fikrett on November 01, 2024, 01:53:34 AM

I woke up to BTC being $69k-ish, thus, I dig your thoughts about it - I do think that these corrections will continue, and afterward, it's gonna break, eventually.

It's possible that the corrections are going to come more in the next days to come. We're in November and the Uptober thing did sort of good but then if that's not much to see for that month, November is typically following whatever happened in the past month. Welp, we've been so close to the ATH and that didn't break the barrier and when it didn't get through, we went to a correction. But is this really a correction that we're sitting around $69kish? I'm not even convinced that this is something to be disappointed with because it's actually good to look at.

The support ranges from $65k-$69k. People still got plenty of time to see the new ATH before it arrives anytime soon. With that, it's best to just get into the position or if you don't know how to. It's best to do the effortless but one of the most effective strategies that has ever been known to this community, the DCA. And regardless of which info is right pertaining to the topic, the discussion goes on about the price itself.

It is hard to deny with whomever gets elected won't either pump or dump the price of bitcoin.
The democrats have proposed a tax on all crypto assets held while the Republicans have said they will not.
We will just have to wait and see what is to come in 3 days from now when the election has been settled.

Here is the latest on how this election will influence bitcoin:

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

Quote from: fikrett on November 01, 2024, 01:53:34 AM

I woke up to BTC being $69k-ish, thus, I dig your thoughts about it - I do think that these corrections will continue, and afterward, it's gonna break, eventually.

It's possible that the corrections are going to come more in the next days to come. We're in November and the Uptober thing did sort of good but then if that's not much to see for that month, November is typically following whatever happened in the past month. Welp, we've been so close to the ATH and that didn't break the barrier and when it didn't get through, we went to a correction. But is this really a correction that we're sitting around $69kish? I'm not even convinced that this is something to be disappointed with because it's actually good to look at.

The support ranges from $65k-$69k. People still got plenty of time to see the new ATH before it arrives anytime soon. With that, it's best to just get into the position or if you don't know how to. It's best to do the effortless but one of the most effective strategies that has ever been known to this community, the DCA. And regardless of which info is right pertaining to the topic, the discussion goes on about the price itself.

el kaka22

legendary

Activity: 3710

Merit: 1170

www.Crypto.Games: Multiple coins, multiple games

This is why we keep saying that the bull run is upcoming and four year cycle will happen again and yet some people didn't believe that for some reason. I understand normally during 4 year cycles we would see situations where it wouldn't be the same and because of this people are doubtful about them. But at the same time we are going to see how things could change as well so people were worried.

Normally in previous bull runs, we had halving first, and a year later we had the peak, but this time we had all time high broken before the halving, because of ETF, and this worried some people. Seeing now how the bull run is starting again, we can say that it is not going to be similar and we are going to have some differences without a doubt but also have the increase yet again. Do not be worried about it, and keep trying your best and accumulate as much bitcoin as you can, and you should be doing fine without much trouble, I believe we are going to do very well and not really have issues.

Topic: Bitcoin All-Time High almost reached yesterday - page 5. (Read 1760 times)