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Topic: Bitcoin price has reached new high price near 59K - page 3. (Read 408 times)

full member
Activity: 798
Merit: 100
prediction many people estimate this year bitcoin can touch $ 70k, this can not be believed but if you look at the current price of bitcoin touching the price of $ 59k and can be stable I think it will be easy for bitcoin to fly higher. I believe that the market conditions are getting better
hero member
Activity: 1344
Merit: 540
It is still trading sideways, or as other will say, this is a period of consolidation. It did hit $59k but it seems that there is a huge selling pressure so it goes down to $58k++. As for the altcoins, yeah, it is continuing it's rally while bitcoin is on the sideways. But the again, investors are going to shift again, once they see that bitcoin is about to make a break out run. Doesn't matter if the dominance goes down to 57%. Still the price is looking strong.
hero member
Activity: 2268
Merit: 588
You own the pen
Bitcoin already crossed it's own highest maximum record and binance coin already broken its own previous record and build already new high record. Today Bitcoin broke it's 59000 price record and binance already crossed$498 .

It will only take some hours before it crossed 60K and when that happened, the price will gonna continue to increase again for another ATH. so guys take it as a sign to hodl your BTC or for those who has fewer bitcoins in their wallet and they still have waiting for their old altcoins to get to the moon, they better think twice because like I said before the of Bitcoin nowadays will not be the same as last year's. it may not back again at this rate because they speculated it too reached 100k this year. so you guys need to ponder and think about what's good going to happen in the next upcoming days.
jr. member
Activity: 266
Merit: 4
Bitcoin Steady Near $59K; Gains in Altcoins Push Crypto Market Cap to $2T

"As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year."

While Bitcoin price hits the high price of 59K but with a drop of dominance gradually, investors are putting money not only to Bitcoin but also to the altcoins markets.



Image Souce: MyTradingInfo
In the past few years i see that when bitcoin price is increasing then most of the Altcoins price also start increasing. I think this is not happening for investing in Altcoins by investor. This happened because every investors are holding their coins when bitcoin price start rising.
legendary
Activity: 3178
Merit: 1054
that seems to be what is happening that's why we see altcoins coming up the ranks. altcoins dominance increasing BNB is about 2.30.

BTT is up within the top 20, it's happening quickly like there are no signals provided, it's like only the holders had ridden this pump and now it's $0.01. it looks very easy to gain this token actually but yep there are tons of volume right now.



hero member
Activity: 1778
Merit: 722
Leading Crypto Sports Betting & Casino Platform
The price was doing a complex movements during the last a few days and this stability of the bitcoin price will give the investors a great change for investing on altcoins. However, many people including myself are still holding bitcoins and not interested to selling it also waiting for the corrections and market discounts to buy bitcoins at cheaper price levels.
full member
Activity: 896
Merit: 102
-= OI =-
yes of course, but not all investor doing that. For investors who are already fanatical with bitcoin, chances are he will stick with bitcoin no matter what happens with altcoins.
hero member
Activity: 3038
Merit: 634
Just edit your first post and include that link that you have posted on your 2nd post.

Bitcoin isn't near $59k because it just did go to $59k and going around from $58k-$59k. Yeah, it's stable somehow this time but we'll not know how long it will be stable there.
newbie
Activity: 12
Merit: 1
Bitcoin Steady Near $59K; Gains in Altcoins Push Crypto Market Cap to $2T

"As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year."

While Bitcoin price hits the high price of 59K but with a drop of dominance gradually, investors are putting money not only to Bitcoin but also to the altcoins markets.

https://i.imgur.com/MhDrH2T.png

Image Souce: MyTradingInfo

News: https://www.coindesk.com/market-wrap-bitcoin-steady-near-59k-while-gains-in-altcoins-pushed-crypto-market-cap-to-2t
newbie
Activity: 12
Merit: 1
Bitcoin Steady Near $59K; Gains in Altcoins Push Crypto Market Cap to $2T

"As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year."

While Bitcoin price hits the high price of 59K but with a drop of dominance gradually, investors are putting money not only to Bitcoin but also to the altcoins markets.

https://i.imgur.com/MhDrH2T.png

Image Souce: MyTradingInfo
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