Bitcoin Hits Record $48.2K | Bitcointalksearch.org

STT

legendary

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See if we break past any of the recent action to retrace back into this area. A pullback is reasonable considering the rate of gains that's occurred.

Lower is 2 day average, its really not even bearish to push past this. I want to see it test the weekly average and then how does action occur then. That'd get us to about 52k and we can confirm this ATH prior action as a low and it makes the market more bullish not to just go straight up without checking back, its something a bit ironic and throws some off.

3meek

hero member

Activity: 2576

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God, save BTC!

Quote from: Janation on February 19, 2021, 07:53:37 AM

Quote from: bitzizzix on February 14, 2021, 09:42:30 AM

Quote from: Janation on February 14, 2021, 09:12:52 AM

Quote from: Gatorelf on February 14, 2021, 05:46:32 AM

breaks $50k in next 24 hours I believe

I thought it would break $50K today.

The price is increasing to $49.3K, I thought it would continue but it didn't. Maybe it will be trying tomorrow or the day after tomorrow, the price is still going strong so we should really expect that the price will be reaching that price mark. I think the next ATH will be at $51K, I will not be surprised if I sleep today, I will be seeing the price at $50K tomorrow after waking up.

Yes, it could go up to 50K and it will only take a slight increase to reach that price which I think will happen in the near future.
Bitcoin price movement is currently doing very well and continues to increase towards ATH for the new ATH and all expectations have been met and evidence of growth and adoption of bitcoin continues to grow and develop, and I think the 50K price will happen tomorrow or maybe the day after tomorrow

As you said, it immediately happens.

Right now, we are still sitting at $52K and I think we might reach $55K this week. I don't know if it can hit $60K this week but there is a possibility that it could. Another resistance might be keeping the price from increasing the reason the price is sitting at $52K. I don't think the price is too weak because if it is weak, it should be now back at $49K.

In my opinion, it is difficult to find any levels now, because historically they have not yet formed! Wink

Therefore, guessing the price of bitcoin now is just guessing on tarot cards! Grin

After bitcoin broke through the 20K level it is very difficult to predict the price and how long it will grow!

Janation

hero member

Activity: 1722

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Quote from: bitzizzix on February 14, 2021, 09:42:30 AM

Quote from: Janation on February 14, 2021, 09:12:52 AM

Quote from: Gatorelf on February 14, 2021, 05:46:32 AM

breaks $50k in next 24 hours I believe

I thought it would break $50K today.

The price is increasing to $49.3K, I thought it would continue but it didn't. Maybe it will be trying tomorrow or the day after tomorrow, the price is still going strong so we should really expect that the price will be reaching that price mark. I think the next ATH will be at $51K, I will not be surprised if I sleep today, I will be seeing the price at $50K tomorrow after waking up.

Yes, it could go up to 50K and it will only take a slight increase to reach that price which I think will happen in the near future.
Bitcoin price movement is currently doing very well and continues to increase towards ATH for the new ATH and all expectations have been met and evidence of growth and adoption of bitcoin continues to grow and develop, and I think the 50K price will happen tomorrow or maybe the day after tomorrow

As you said, it immediately happens.

Right now, we are still sitting at $52K and I think we might reach $55K this week. I don't know if it can hit $60K this week but there is a possibility that it could. Another resistance might be keeping the price from increasing the reason the price is sitting at $52K. I don't think the price is too weak because if it is weak, it should be now back at $49K.

fladnaG

member

Activity: 89

Merit: 30

The price is already higher. When do you think the price will reach $55k ?

david_rouen

newbie

Activity: 7

Merit: 0

I think as soon as some giant invests a lot of money in bitcoins Grin

Antonigrock

newbie

Activity: 28

Merit: 0

maybe bitcoin will reach the price of 100,000 $ in the near future, currently bitcoin is priced so high and there are still a lot of enthusiasts, I hope in the future bitcoin will be used as a means of payment throughout the world amen.

yohananaomi

sr. member

Activity: 2422

Merit: 267

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Quote from: UserU on February 17, 2021, 01:48:18 AM

Well, new ATH to target now bois

it seems like last night ATH was renewed again from bitcoin, and this will add another long waiting time to step into renewable ATH again.
if it is true that the halving is going well then the $ 60K period is just a matter of time, even though now it is down again but it is normal for bitcoin. he will correct quickly and come back up again.

UserU

hero member

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Well, new ATH to target now bois

Issa56

hero member

Activity: 1484

Merit: 928

Bitcoin have been doing well for the past few months and I believe bitcoin is still going to do better in the nearest future. Bitcoin already hit $50k and I believe it is still going to do better, currently lots of people have been complaining about bitcoin price and they have been scared to invest because the thing bitcoin is going to dump very soon, but all am expecting is correction which is normal I believe bitcoin price is still very low and if you are not holding bitcoin in your wallet before this is the best time to Buy because very soon bitcoin will be super bullish and you will endup regretting why you don't buy when it was still low.

jacobjorden

jr. member

Activity: 33

Merit: 1

Quote from: AWMM24 on February 09, 2021, 10:52:03 PM

Bitcoin and ether surpassed Monday’s price records. In ether’s case, CME’s futures launch has given the asset more credibility than ever before.

Bitcoin (BTC) trading around $47,174 as of 21:15 UTC (4:15 p.m. ET). Gaining 7.1% over the previous 24 hours.

References: https://www.coindesk.com/market-wrap-bitcoin-record-cme-ether-futures

Bitcoin Hit $49k Wednesday's price records. May its passed today $50k.

oemar bakrie

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lucky for those who were saving and holding back when bitcoin hadn't reached that high price..
and I'm sure this year Bitcoin will definitely go to the moon

UserU

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Quote from: 3meek on February 16, 2021, 08:45:21 AM

Quote from: UserU on February 16, 2021, 05:15:12 AM

Just checked on Google and it has went over 49 grand again. I wonder if it could breach 50 by tonight.

The bull run is indeed exhilarating yet scary at the same time.

An hour ago bitcoin tested 50500...
Now the price has fallen back to 49,000...
I hope that this is just the beginning and soon we will finally overcome the 50K! Wink

Oh, I didn't notice that!

It's totally crazy imagining a digital coin pushing boundaries no other thing has ever done, with the exception of the Berkshire Hathaway stock Grin

3meek

hero member

Activity: 2576

Merit: 684

God, save BTC!

Quote from: UserU on February 16, 2021, 05:15:12 AM

Just checked on Google and it has went over 49 grand again. I wonder if it could breach 50 by tonight.

The bull run is indeed exhilarating yet scary at the same time.

An hour ago bitcoin tested 50500...
Now the price has fallen back to 49,000...
I hope that this is just the beginning and soon we will finally overcome the 50K! Wink

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

Quote from: pakhitheboss on February 16, 2021, 12:04:34 AM

Quote from: Sithara007 on February 15, 2021, 11:51:12 PM

I am checking the exchange rates at Bitstamp, and for quite sometime the prices are hovering between $49,400 and $49,600. There seems to be a lot of resistance around $49,500 level. To breach this level and move forward, Bitcoin might need considerable push. And despite the fact that we are so close to the 50K mark, I don't expect Bitcoin to touch that level today, or during the next few days. There is going to be a lot of volatility around $49,000-$49,500 levels for some time now.

You are correct there is good resistance at $49500 level but, I think Bitcoin will break the 50k mark before the end of this month. It has been breaking all its previous ATH from last year December and 50k will be broken.

Two weeks time may be enough to breach the resistance at that level, I guess. It has been almost two weeks and another two weeks should do the job. I still remember what happened when BTC hit $19,500 mark last year. It took a long time to breach the resistance between 19.5K and 20K. I guess a lot of individual investors have set their selling target at 49.5K-50K and this is the reason why we have so much resistance at that level.

UserU

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Just checked on Google and it has went over 49 grand again. I wonder if it could breach 50 by tonight.

The bull run is indeed exhilarating yet scary at the same time.

jjdub7

hero member

Activity: 938

Merit: 502

Quote from: AWMM24 on February 09, 2021, 10:52:03 PM

Bitcoin and ether surpassed Monday’s price records. In ether’s case, CME’s futures launch has given the asset more credibility than ever before.

Bitcoin (BTC) trading around $47,174 as of 21:15 UTC (4:15 p.m. ET). Gaining 7.1% over the previous 24 hours.

References: https://www.coindesk.com/market-wrap-bitcoin-record-cme-ether-futures

In fact, the price of BTC rose by nearly 25% in 7 days, with market sentiment bullish towards neutral.

Now, as far as the Bitcoin market is concerned, there is a concentration of 10% on the largest holders of the asset and this is a good sign for the price rally. In addition, both Bitcoin's active addresses and the supply of stable coins such as the USDT remain high, a reassuring sign that BTC may recover after a slight price adjustment.

These findings appear to point to an extended price rise until the price reaches $ 100,000 according to the S2F model (or S2Fx) of Plan B.

pakhitheboss

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Top Crypto Casino

Quote from: Sithara007 on February 15, 2021, 11:51:12 PM

I am checking the exchange rates at Bitstamp, and for quite sometime the prices are hovering between $49,400 and $49,600. There seems to be a lot of resistance around $49,500 level. To breach this level and move forward, Bitcoin might need considerable push. And despite the fact that we are so close to the 50K mark, I don't expect Bitcoin to touch that level today, or during the next few days. There is going to be a lot of volatility around $49,000-$49,500 levels for some time now.

You are correct there is good resistance at $49500 level but, I think Bitcoin will break the 50k mark before the end of this month. It has been breaking all its previous ATH from last year December and 50k will be broken.

Sithara007

legendary

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I am checking the exchange rates at Bitstamp, and for quite sometime the prices are hovering between $49,400 and $49,600. There seems to be a lot of resistance around $49,500 level. To breach this level and move forward, Bitcoin might need considerable push. And despite the fact that we are so close to the 50K mark, I don't expect Bitcoin to touch that level today, or during the next few days. There is going to be a lot of volatility around $49,000-$49,500 levels for some time now.

sayaya17

sr. member

Activity: 1638

Merit: 255

This results from the patience of those who have held bitcoin for so long who believe that bitcoin will reach $100k. I think soon bitcoin will touch $50k.
I'm going to go on and hold the bitcoin until the price is high. Perhaps now many traders and investors are convinced that to break through $100k,
it could happen with a correction of course, before reaching that price.

Nikole Fischer

newbie

Activity: 74

Merit: 0

Now the Bitcoin price has reached 48k. Such a good start of the week! I expect that 50k will be already at the end of this week. GO, BITCOIN!

Topic: Bitcoin Hits Record $48.2K (Read 764 times)