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Topic: Bitcoin breaks 2021 ATH and hits $71k! - page 5. (Read 922 times)

legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
March 11, 2024, 06:08:10 AM
#3
History has been broken and we are creating a new history. Bitcoin breaking its ATH before the halving is something many people don't think about but I believe everyone is very happy. But what I am thinking is that the market will become more and more unpredictable and we should be more careful because it is likely that many people will miss the opportunity to sell their bitcoins during this bull season.

With bitcoin breaking its ATH before the halving, I'm sure many people will raise their selling targets higher and start getting greedier. There is nothing wrong with this, but I hope we will not be too greedy or blind to the developments that market makers want to show us and forget to take profits.
hero member
Activity: 3038
Merit: 634
March 11, 2024, 05:28:08 AM
#2
It's likely to continue as we don't have the halving yet.

Is it the bull run that caused it's price to shoot up or is there a big whale buying?
Seems like both. The demand increases and there have been bulks of purchase of Bitcoin and there's a record now that BlackRock has more Bitcoins now than Microstrategy so, there's something to do with that and don't ignore the power of the retailers.

We might see $72k anytime now as it's just $200 away.
hero member
Activity: 1008
Merit: 629
March 11, 2024, 05:15:15 AM
#1
 Well, just as the title reads, it seems we'll be in for more exciting developments regarding the price of Bitcoin. Just this morning when I checked it's price, I saw $68,468 and now it's just shot up to $71,680.57! A new ATH! Well I'm sure this is just the beginning of more interesting things but I hope this trend continues. Is it the bull run that caused it's price to shoot up or is there a big whale buying?

https://coinmarketcap.com/community/articles/65eed16bd332502ef6d4a31b/
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