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Topic: Bitcoin Hits Record $48.2K - page 6. (Read 764 times)

member
Activity: 868
Merit: 63
February 10, 2021, 05:22:07 AM
#7
Sooner or later, it will break $50,000. Bitcoin will have more power to increase this year, and with the increases yesterday, it proves to us that bitcoin can be more than $75,000 this year. But still, it is too high to expect bitcoin price can increase more than $100,000. I am sure many of us are waiting for the next new ATH because that will make us make a big profit.
I can see a pattern that this next break on 50k will be easy like what happened at 30k being easily broken after a hard resistance at around the 20k. 75k is a far fetch for now but with Tesla's action, I think that there is more to come but 100k is not impossible, we never expected this current prices back when bitcoin was still 10 dollar apiece so we just have to trust the volatility of bitcoin and that it will only go up. One thing that worries me is that we might reach a prices that are unattainable for certain people which will defeat the purpose of bitcoin of being an all walks of life investment.
hero member
Activity: 2842
Merit: 772
February 10, 2021, 05:14:26 AM
#6
This is just the start though, maybe we will see more big companies do what Tesla or other billionaires are doing right now. Hedge their wealth into bitcoin, fight inflation, so it's a win win situation for them and for us bitcoin enthusiast.

Now it's $48k and maybe we will see $50k next or even more. So let's see who are going to be suckered into bitcoin, I wouldn't be surprised to see other billionaires like in the other industries to get into the bitcoin bandwagon.
member
Activity: 1218
Merit: 49
Binance #Smart World Global Token
February 10, 2021, 03:33:14 AM
#5


The big party has just landed. Soon, more and more corporate buying of Bitcoin can be creating a big lack of supply and hence the price can be growing up and up. Bitcoin is now officially the darling of many moguls and some are already preparing to make their moves in anticipation of this coin's price reaching as high as $100K this year. Elon Musk definitely has opened the Pandora Box and there is nothing that can sealed it again.
legendary
Activity: 2492
Merit: 1215
February 10, 2021, 02:57:18 AM
#4
Here in Canada BTC is already at $59,175.   
To bad your To bad USD and Euros ,are lagging behind .. Lol.

To bad Canada is lagging behind Australia. Bitcoin price there is 60148.98 dollars, Australian dollars.

3 more working days till the end of this week and Bitcoin has great chances to cross 50,000 USD line. Anyway, this is just a matter of time when that gap will be passed. After Elon Musk's deed (recent $1.5 billion investment), world richest people will act in the same way and will push the price up.

jr. member
Activity: 126
Merit: 7
February 10, 2021, 02:45:23 AM
#3
Sooner or later, it will break $50,000. Bitcoin will have more power to increase this year, and with the increases yesterday, it proves to us that bitcoin can be more than $75,000 this year. But still, it is too high to expect bitcoin price can increase more than $100,000. I am sure many of us are waiting for the next new ATH because that will make us make a big profit.

Here in Canada BTC is already at $59,175.   
To bad your To bad USD and Euros ,are lagging behind .. Lol.
newbie
Activity: 3
Merit: 0
February 10, 2021, 01:01:39 AM
#2
Sounds good!
sr. member
Activity: 652
Merit: 321
February 10, 2021, 01:22:14 AM
#2
The richest man in the world just 10% of his company balance sheet into Bitcoin to avoid loss of purchasing power to inflation, we're going so much higher!

Other companies are almost forced to follow suit on the presumption that Elon has made a smart move - He has.

There is a rumor (from what I've been told is a reliable source) Apple, Google & Oracle are next.

Selling here (or ever) is madness.

jr. member
Activity: 109
Merit: 2
February 09, 2021, 10:52:03 PM
#1
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
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