Topic: Bitcoin hit 97k (Read 353 times)

At the end of October we saw the Bitcoin price rise from around $60k to $99k. Normally, as Bitcoin price has been increased recently, na over joy go full people wey know the value and invest their money when the price was still around $50k or below that. However, as Bitcoin price don dey rise these days over joy fit full some people body to the extent wey be say dem fit go lose guard sell everything wey dem dey hold believing that the Bitcoin might not hit this kind target again. But the question wey some people wey dey new to game go ask themselves be say, what about those that sell their Bitcoin maybe when the price hit $60k because them no believe say the BTC go reach $90k this year.

Many people have made the mistake of selling their Bitcoin early on, so we should avoid to do the same and regretting it later, while other individuals still want to hold again but dey afraid of the Bitcoin current price. I've heard rumors that Bitcoin has previously reached $100k, so I can't wait to see it for myself.

There's a very high tendency that Bitcoin will continue to increase in value, it went above 97k and later reduced but I think before the year runs out it's going to hit a 100k again. Those that are still hodling should be careful though, volatility is a constant dynamic in the crypto space, we should be expecting a huge dump anytime soon. It's advised to have a target when investing in Bitcoin, so you don't end up taking too much losses. When it hits your target ensure you sell and avoid been greedy. Now is the time to take advantage of BTC, congrats to those who were patient enough.

This is quite a milestone for Bitcoin, reaching this height is somewhat unique but nevertheless Bitcoin still has a long way to go .
And mind you if any hodler decides to sell at this point it should be up to the hodler's choice and perception of the market. Thanks for the kindled advice anyways.
But everyone has that decision to make themselves.. whether to sell or hold and expect positivity.
Its your choice to make.

Honestly speaking, I expected a massive pump but not so early my thoughts were that it would happen early or late Dec period but here we're, yes the month of November is a bullish month but I was expecting it to be around 70 or 80k mark then pump immediately to 90k then 100+ around Jan 2025. Atleast this would teach doubters that Bitcoin has lots of potential to go higher and it's best to seize the opportunity to buy now that it's way cheaper, one  mustn't wait for the price to dip before buying cause while waiting for dip the price could just skyrocket to an ATH that would make the person regret, imagine waiting for Bitcoin to dip when it was 70k then before you know, it's 90k plus and going to $100k. Anyways , it's not bad for someone who's held Bitcoin for about 4 years and more to take profits but on a second thought it would be wiser to take some portions and continue holding and accumulating with the remaining instead of taking all.

That is how it is, despite them selling at that price we can't argue if they never made profits, i am sure they made huge profits because they bought at cents then selling for some thousand dollars, it is a good profit from any investment. We might be mocking them for selling then but forgetting that same is applicable as of now, if we should sell at this point in few years to come we will be rocking on X5 and more of what the current price is at this point. The most important lesson here is to make sure in our Bitcoin journey we should be numbered among those who made fortunes from their investment portfolio.

Right now I believe everything wasn't sure of the pump being so rapid because from many talk and gist I have read here everyone or should I say majority of Bitcoin enthusiast were speculating the massive pump to be in the year 2025  which everyone knows completes the four year circle although I don't know if the pump would continue still after this price pump because whether we believe or like it or not they would be retracing of the price and also a bear season will still come but if you are the investor that plans to hold for long then all these shouldn't be an issue for you.

It is believable that the price of Bitcoin is likely to multiply and holders should decide to withdraw themselves from the idea of ​​selling now. New ATH is breaking every day and I believe that Bitcoin can reach a unique high. Long-term investors can claim higher returns than short-term investments. Bitcoin holdings should be held through patience in the current bullish market. I agree with you and I would suggest that those holding bitcoins should hold for a few more cycles in the long term.

My broda, dis thing don dey beyond Trump now as e dey be but Trump na catalyst to how d price enta craze mood. Make we just sey, Trump na d Ugwali brand of marijuana wey BTC smoke to dey do dis volatility wey e dey do now. But even without Trump, BTC for still pass $100k.

I nor know d data wey you dey look at but from wetin me dey see, Bitcoin nor dey struggle to reach $100k. D dude even did $99,600+ yesterday, breaking its two days ago ATH of $99,400+. Wetin I see wey dey happen be sey na small manipulation wit whales to get out those wey dey expect retracement at dat psychological level of $100k. So many hodlers dey target dumping around $100k and den buy back from d action of their dump. Bitcoin fit disappoint dem and zoom pass dat $100k before retracing later.

Well, while dis isn't a financial advice; make I just drop something for you. By dis time 2025 (dat's November 2025, right?), na red we go dey observe for dis space. Go check historical data and you go realize how shortlived bull season dey be. I nor go talk pass like dis.

as I write btc is $99k. This na correct news for all investors and if you no get other source of revenue nothing sto you from removing small gain go chop bole. We invest so we no go stay hungry.  Money no go dey ur account u go dey hungry bcos say na future savings, what if u kpa, lolz.   But keep holding, just as the OP talk na just de beginning be this.

In 2016 1btc bin 300k , in 2024 na 164m. So in 2028 e go loud too, so keep holding mates.  Bitcoin is our future.

Bitcoin go soon reach 100k I no expect say to see this kind pump for the market. I know say after Bitcoin halving, Bitcoin price go pump but na from next year I dey expect to see the effects of the having. This pump we dey see now na because of US elections.

Those people still cash out because I believe say them been buy Bitcoin at a cheaper price before them sell am for 1k. Bitcoin don reach 99k, collect profits if you want because the market go retrace sooner or later.

150k is a long way to go from here and before we achieve that price benchmark alot of millionaires in dollar's would have beenadenat least from day traders, and also holder's who bought large amount of Bitcoin during when the price of Bitcoin was at discount price, so for sure we can't sa never but for now Bitcoin have been struggling to reach the 100k benchmark and that have become a tough benchmark to achieve for Bitcoin.

Bitcoin may likely be around 150k by this time in 2025 but not until then, we are going to be seeing some significant market movement that could take everybody by surprise and longer time is going to be taken before we see such miracles happening in the Bitcoin market.
Sometimes because of the persistent increase in the price of Bitcoin, some people make statements that are over the reach of Bitcoin within Short-term speculation so whenever anyone wants to make such Bitcoin price speculation, there should be room for them to include a date so that we should know if there is speculation is based on short term or long term forecast.

People have been having this feeling now for a very long time now that bitcoin is going to get to 100k and that is exactly what is happening now, and don't be surprised that the moment it get to 100k it might even go pass the 100k because this was the least thing that was expected in the period and we all know that bitcoin have been predicted to get to this price and it actually did and that is why I keep telling people that everything in bitcoin investment is timing look at those period that they thought that their is going to be halving and ETF the impact were minimal compared to this.

And this is the period that profit is going to be made because what will now be the essence of investing and not making profit so holders now will be encouraged to want to invest more because does that are holding have been holding for a long time and if you look at it their are people who would have sold their people that they would have sold there's and all they regret to deal with.

Na this your comment, catch my attention. Baba my mind dey do me one kind for this $150k but e be get one thing way I don learn and that one be say Neva tok say Neva. As e be now na only Trump fit make us see BTC for that price by that time next year..bet eh e get any price mark way be say BTC fit reach wey the price nor go increase again?

Wetting you talk na true say make we no sell to soon as bitcoin don rise like this, but on how the matter be, plenty people go still market dere bitcoin settle some issues wey dey dere neck. So we not fit control anybody wey wan do Wettin E want but even say Di person wan market am, make E be small ad remain the rest for him wallet because bitcoin go still pass as dey like dis.

@bariku where I for chuk mouth, oga brainboss don chuk mouth for dere. 10 to 20x no be here or no be today Waka because E fit take 10 to 30 years E fit take am 5 years too, no body really know but make we just HODl Naim be the Koko because we go still see more by next year or upper one.

Na true talk you talk and I really appreciate the way you put the matter even though say this kind of talk don plenty for forum I believe say it really worth reminding because that is the only way person fit make some big out of Bitcoin. But however one thing for sure be say where Bitcoin dey now and when we buy our Bitcoin is not enough reason to sell what matters most is considering how much of Bitcoin do we have including how long have we been able to hold, with Bitcoin investment and following good approach towards it creates a very big opportunity of building a generational wealth, that has had always been my concern.

If e get one thing wey I don learn from JJG, na the fact say those people wey Dey sell their BTC holdings simply say them don make small profit or wetin them feel like say na huge profit, them go later Dey regret when the price go start to Dey surge again, na just wetin happen to those people wey sell early too several years back, cos if them look at today price, even if them no talk am, me I know say them go still Dey regret am, and now some of them self no Dey opportune to invest for BTC again. Some of us no Dey opportune to invest for BTC, no be say the money no Dey, but me I believe E Dey take some level of knowledge and enlightenment to actually comot money to start to buy BTC, so even as BTC price Dey surge like this, those wey no invest Dey regret say why them no invest, even those wey sell early Dey regret why them sell early.

If person don bring out mind to invest for BTC then make sure say you go look beyond all these small small profits wey dey enter like this cos if you still collect those profits, you don go back to where you been start, but the power of compounding and long term approach, you go get more chances to blow for Bitcoin in the next few years. No be joke, if person go fit bring out mind Dey invest for Bitcoin consistently either by DCAing or any other effective approach for the next 4 to 5 years, WITHOUT, withdrawing or taking profits, then you go really understand wetin people Dey talk say BTC na E be the new update, E no matter how small, every week person Dey drop the least for their holding, 5 years self far.

even though the 10x to 20x when him use de somehow big, e no be figure when de entirely unrealistic considering the possibilities when de associated with bitcoin. remember say at the time when bitcoin came in, we never de technologically inclined like that and that one follow slow down the rate at which bitcoin price take shoot up because a lot of people still preferred to invest in a physical asset rather than a digital asset. but for now, times have changed and people right now will prefer to invest in a digital asset any day, any time over a physical asset and that one na still instrument when de follow contribute to the bull when bitcoin go likely continue to de experience in the now and the future.

we don already reach $99k and within the day, we go touch down on $100k and the question go be, what next? will bitcoin suddenly DIP? big investors go continue to come into the system and we cant entirely tell what the future holds for this digital technology which likely will continue to boom further than e de now. i still feel say the journey ahead de obviously better than e de now and so selling your bitcoin even when it gets to $100k would not be the best of decision.

It actually possible but he compliment his statement with 'nearest future"... how near we don't know but the 20x seems somehow though....
Thus, u suggested taking profit and reneter again... which means renting in a beat market, you need to know that once you opt out to get in will be hard and tricky to get back in and you might never see a good price entry you seek... you might even end up loosing all your recent profits with that (it just how we are programmed , you're only after profits (at the momen ... any small loss on your portfolio will trigger panic ) , why selling when you know you will still buy back,it's not like you will be buying with the whole profut you earned previously... Don't get me wrong if your portfolio can serve you profit then you can take profit

10x na $970k be that oh so make you dey know wetin you dey talk before you write am and if na 20x you dey reason, that should be around $2million be that. I no dey say e no fit happen but that won't be in the nearest future.

The price target of Bitcoin is now around 2-5x in each bull season. That's a very decent price considering say most investments give between 50-100% and not the numbers that Bitcoin has been giving since its creation. Keep hodling sha and not selling.

If na when go be the top of the market or peak as una dey talk, we never near that one but hope dey to make more profits just by hodling and waiting.

This your prediction to dey ambiguous, we know say anything for happen based on say if we look d way Bitcoin don move since em com out but this 10x of the price now wey u dey talk na 970k, omor na 100k we dey want make e reach fes before we go anticipate new ATH so make we no use big eye follow am now we go com dey greedy so tae even for bear we  no go gree take profit, always take profit and re-enter again.

To be frank, when I saw the price of bitcoin this evening, my body sweet me because I know wetin I don see. Patience is very good and it pays to be patient. As it stands now, $100k is imminent  because we are almost there and I believe people who bought when it was far below $60k are on profit now. However, we should not forget that the declaration of Trumps victory fueled the sudden spike in the price of bitcoin to this current state and it would definitely go far beyond this price before the year comes to an end.

Many investors would be tempted to sell at this stage most especially the newbies who really do not have ideas how the system works but they should not get worried but hold their position because what they are seeing now is just the beginning. The inauguration of President trump would definitely see another spike in bitcoin price to a new all time high as  a result of his bitcoin policies and team of executive members who are probitcoin enthusiasts.

Omo, waking up this morning to see Bitcoin at $97k, I swear, na only God could know how happy I was say at least we don dey near $100k, wey we don dey anticipate for long time ago, despite we never knew such price target was ever going to be possible this year, if not for Donald Trump's victory influence. As this is really a positive sign which shows that we are most likely hit $100k and above before the year ends. So just as O.P said, Its obvious many  newbies will be tempted to want to sell their Bitcoin at this price, most especially those who could have bought it early this same month November 2024 and in few weeks had made over 70% profit, to know that Bitcoin still has potential to skyrocket even 5x to 10x in the future.

You dey correct say make anybody no rush sell now because the bull run never dey over and bitcoin go continue to dey break new all time high still. With the move wey bitcoin make sef, you no suppose rush talk say you wan sell because e no even look realistic to doubt say bitcoin no go continue this current movement for sometime more.

In the nearest future, I no sure say bitcoin go don do 10x or 20x of its current price now. For bitcoin to even do 10x now no be child’s play and no be something wey fit just come through easily like that as you see am say bitcoin dey on the rise. Even if you look other past bull run, bitcoin no dey even do 10x of its former ATH when the bull run come to record another new all time high.

Make we dey see sha, e go soon enter $100K because even now the thing been don touch $98K which e remain only $2K to reach that six figure value. Even as e reach there, e never get advisable to sell yet. E go still do wonders and I know say this bull still dey to come.

Na better thing thing you talk so, No fall for the price now and decide to sell, as a Bitcoin holder E go better if you take heart and hold your bitcoin tight, those who sell their Bitcoin around that 60 to 70k now go dey regret because they don't think say Bitcoin price go rise, As I wake up today see the price I dey very shocked, if I talk say I no dey surprise I lie because I no even expect say Bitcoin price go reach 97k by this time, I been know say before January the price go rise but I be dey think of around December.

Anybody wey dey hold bitcoin now suppose go do thanks giving for church and if na Muslim make him go pray for waiting God Don do for am because bitcoin go hit price wey be say many people no go espect am, and again if you get bitcoin better hold your wallet very well, secure it very well because as Christmas Don reach and bitcoin price dey high now na so scam go full everywhere.

Omo, true true, the way Bitcoin price dey increase eh, it dey shock me. Na em don turn out to be one of the best investments wey anybody wey hold Bitcoin make for very long time. Digital asset like dis one dey give person money, investment wey no take space.

I know say some people go want hold am oh till reach $150K, but e get one news wey I see person talk say after great rise, comes great fall. He talk say once Bitcoin reach $100K, he go come drop back. From study, he no get guarantee say he go continue to rise.

To me, I feel say based on everybody opinion different, if you no want take risk hold till $150K, and you need money, you fit sell some, leave some. E no go bad say you sell at $100K, that one too na mad profit. Then you go come leave the rest, make we dey watch as Bitcoin dey go. No put all your egg for one basket if you no sure, you no need follow everybody opinion.e just depend on person, na your Bitcoin.

Ah no sure say people they think of to sell their Bitcoin now because everybody for here by now suppose done get the insight say na $100k the price they go. Nobodi go one dey stupid enough to sell now unless ay na urgent need. That one fit they considerable. At the time of writing this Bitcoin done hit $98k already. Very exciting moment for all Bitcoiners and most especially to those wey done they hold their Bitcoin for a long time now.

Ah no go fit say this thing wey you talk no they realistic. Omor the way the price just they skyrocket e con be like say true true e go pass $100K sef we don dey expect since. Right now $150k is very realistic.

Buddy I love your advise, it really in line with what Bitcoin stands for, it will really make a whole lot of sense if people will resist the temptation of selling at this point just few days ago we were celebrating the mile stone of Bitcoin reaching the ATH of $90k and today we are talking about a new price of $97k plus little fractions isn't that great, this is hope rekindled and for me selling at this time is not a good option and with the look of things, we are going $100k plus before the end of this year which many bitcoiners has anticipated for, I think this period is time for bitcoiners to think twice without making hasty and regrettable decisions, i have always recount some statement here which is the history of Bitcoin, if we should consider the history of Bitcoin, I think people will not want to sell just like, I think the current price of bitcoin is even the starting point of what we will see in the future, though at a time the price will come down a bit and i believe that it will also be an opportunities for people to continue buying to hodl for a long-term.

Mate your statement has made me to believe that you're really in the system and I hope existing investors will listen to your advise in other not to make premature decisions towards their Bitcoin holdings, Bitcoin has never failed to be futuristic i think this should always keep us going in a time like this because there is more to come, so we should pipe low first and keep doing the needful as we have always done.

The price make sense ooh, especially if the person buys that time way Bitcoin they for $20k with plenty money them go they see better rums by na but for me waiting I go do be say instead I go sell collect money I go just they trade am small small because since na spot trading person no go fit lose money as Bitcoin they grow like this but na future trading person gat they very careful because na that one I see say na pure trading but still person gat they careful, so even if I go sell or trade e go be when I done see $100k because we done already see say Bitcoin they rush for that price so na there e go make sense to trade because plenty people done already put there take profit for $100k.

Nah better information you just drop here,I no say e get people wey just dey wait for bitcoin to reach 100k make dem sell and e go good make dem reconsider their plan to sell because to me e still dey too early because d way diz bitcoin price dey pump,e dey good make person still hold for d next 5 years

Instead of to sell too early,e good make we learn from people wey buy bitcoin when the price dy 25k and dem still Hold am keep till today.

DIS thing wey you yarn here show sey you sabi d game. D temptation go dey there especially for those wey their own investment don double. Except sey d persin sabi TA and know how to use psychological levels enta trades, e go betta to just dey do sit-down look. Anybody wey wan risk am nor supposed do so at d $97k price. Wait make e reach $100k level, e go drop. Na a psychological level be there but you've to be good at trading to know wen to enta back. Odawise, you nor go still make money out of it.

D way I see Bitcoin, e fit zoom pass $150k before Jan 20th next year self.

My country people ona good morning inside this morning, looking at the above Bitcoin chart, I know say some people dey think of selling their holdings because e don set a new ATH breaking this morning, and I know say e go really feels good to sell at this amount if you buy am when the price been dy 55k, but no fall for that temptation, you know why?
Because those early investors wey sell their Bitcoin at 1k been think say them don cash out big time, not knowing that them sell too early and too cheap, so my brothers, by the look of things we are still in the early days of Bitcoin, so I believe say Bitcoin fit still do like 10x to 20x of it current price in the nearest future, so no fall for the temptations of selling too quick, because 97k is not the peak price of Bitcoin, just hold strong, because the more time passes, the more Bitcoin go keep on appreciating in value.