Bitcoin price is going to touch all time highs - page 4.

Marvell1

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Quote from: Solosanz on March 09, 2024, 10:45:55 AM

Quote from: Marvell1 on March 09, 2024, 09:25:04 AM

You are right, what is happening is the impact of ETF but many people have dismissed, criticized and said it is useless. So far, we need to acknowledge how big its impact has been, it has caused bitcoin to break its 4-year cycle over the past several years and we are entering a whole new era. The money flowing into the market is huge every day and I think bitcoin could surpass $70k and even $75k before the halving happens. ETFs, halving, Fed lowering interest rates and the world economy is recovering, there are a lot of positive things happening in 2024 so I firmly believe this is a super cycle for bitcoin and crypto .

ETFs is useless when we compare it with Bitcoin, but when it comes to price, they can give an influence because most people still scared and doesn't want to invest in Bitcoin if it's not get supported or promoted by the government.

Fed didn't lower the interest rates, actually the interest rates is still high https://tradingeconomics.com/united-states/interest-rate.

The focus of the topic is the bitcoin price and what I am referring to is the bitcoin price, I am not talking about privacy issues or the decentralization of bitcoin.

So far, the Fed has not lowered interest rates but we are still more than 9 months away from the end of 2024 and I am confident that they will definitely lower interest rates. The interest rate reduction will definitely take place in 2024 and that will be a sign for the economy to enter a new stage of development. Not only the cryptocurrency market but the entire financial industry will benefit.

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Probably true but not certainly or beyond doubt just yet, the price is still hovering sideways. I dont think its really restrained at this point just idle and waiting possibly it could be described. However there is some pressure from the moving averages all colliding as BTC continues to do nothing. Momentum counts for something and we cannot continue to say BTC has positive momentum if its just drifting sideways.

At some point BTC registering repeatedly the same price is a flat line, a tuneless monotone and then the music has effectively stopped. Not that a boring price has to be a negative, it could be also said to be stable aid to those fixing and setting prices preferable to some business in that way. In terms of price aspirations, the growth many desire you do want a certain amount of inertia retained over time frames to realistically guess for higher prices.

Movement has constricted for only 3 days, BTC remains above the 2 day average while it keeps close to the ATH. Fairly soon it will fall below that measure, I presume it will continue sideways till at least next week. Target downside would be to retest the March 6th lows and again check if BTC can close above 61k.

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Quote from: Viscore on March 09, 2024, 03:35:11 PM

Quote from: Reatim on March 09, 2024, 07:57:30 AM

-snip-

From the very beginning, I have this feeling that this ETF thing will create a rapid growth for bitcoin price and now it’s really happening. Although reaching $70k is still a failure, but I think the market is only taking a break and gets back eventually to its higher momentum until we see bitcoin price finally touching $70k and above.

However, talking about its new all time high, I assume that it will only be possible when bitcoin halving will be finally over. Although we don’t know what will be the next target for bitcoin’s new ATH, but we will definitely find it out soon.

The impact of the ETF approval was basically not that big at first, but over time the market became stronger as investors' confidence in bitcoin also increased. Many people are starting to realize that bitcoin has the potential to give them returns and they cannot afford to miss out on that during this halving cycle, so this has influenced interest and ultimately made demand high.

We might be a little surprised that in fact a new ATH was hit before the halving, it didn't happen before so people are becoming increasingly optimistic that the highest ATH in this halving could be higher above $100k. $70k is very close, but it is strong resistance so far. But if $70k is broken, then we can get ATH this March.

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Quote from: Viscore on March 09, 2024, 03:35:11 PM

Quote from: Reatim on March 09, 2024, 07:57:30 AM

Quote from: FinePoine0 on March 05, 2024, 06:57:21 PM

Bitcoin price has already touched 69000 thousand dollars, which is the highest price of 2021. So how reasonable do you think it is that the price of bitcoin will touch 70k dollar again if it takes another step forward?

It is broken once again , bitcoin crossed 70k and that recorded its ATH now and looks like we will be breaking it again and again before the halving comes , because seeing the market now staying at 68k after hitting that 70k? this shows how strong the market can be and its value will continues to flow, surely this is the ETF thing here.

From the very beginning, I have this feeling that this ETF thing will create a rapid growth for bitcoin price and now it’s really happening. Although reaching $70k is still a failure, but I think the market is only taking a break and gets back eventually to its higher momentum until we see bitcoin price finally touching $70k and above.

However, talking about its new all time high, I assume that it will only be possible when bitcoin halving will be finally over. Although we don’t know what will be the next target for bitcoin’s new ATH, but we will definitely find it out soon.

Well with what I have seen so far I can definitely say that the price prediction and movement is really something that no one can place their hand and get it right because I would assume that no one expected the price to hit this short bull^{according to others} so early and fast this year and Bitcoin has already hit it's Old ATH so what's remaining is just the halving to come then we see the final fate of the price.

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Quote from: Reatim on March 09, 2024, 07:57:30 AM

Quote from: FinePoine0 on March 05, 2024, 06:57:21 PM

Bitcoin price has already touched 69000 thousand dollars, which is the highest price of 2021. So how reasonable do you think it is that the price of bitcoin will touch 70k dollar again if it takes another step forward?

It is broken once again , bitcoin crossed 70k and that recorded its ATH now and looks like we will be breaking it again and again before the halving comes , because seeing the market now staying at 68k after hitting that 70k? this shows how strong the market can be and its value will continues to flow, surely this is the ETF thing here.

From the very beginning, I have this feeling that this ETF thing will create a rapid growth for bitcoin price and now it’s really happening. Although reaching $70k is still a failure, but I think the market is only taking a break and gets back eventually to its higher momentum until we see bitcoin price finally touching $70k and above.

However, talking about its new all time high, I assume that it will only be possible when bitcoin halving will be finally over. Although we don’t know what will be the next target for bitcoin’s new ATH, but we will definitely find it out soon.

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Quote from: Oneandpure on March 08, 2024, 02:49:43 PM

Quote from: ScamViruS on March 08, 2024, 02:24:20 PM

Today Bitcoin touched the new ATH and we again saw a sharp decline as it became a strong resistance. The second attempt for Bitcoin to go above $70k also failed, Bitcoin will now prepare again with a stronger attempt and the market will go above 70k. In fact traders open many high leverage trades in this area because everyone is bullish here because everyone expects Bitcoin to easily go to the minimum of 75k and stabilize. But the whales will not give this opportunity to traders so easily, Bitcoin will stabilize above the new ATH only after they liquidate the leveraged traders.

It seems like will see the potential for Bitcoin to reach the latest ATH every day after yesterday it touched the ATH at price of $69k and today Bitcoin successfully reached the latest ATH of $70k. It's very good moment to see the potential for the latest ATH one month before the halving, I think it's very easy for bitcoin with the current stable price to reach new ATH in short time near future with potential above $72k to $80k.
Hope not any bad news share in few days later or one month left before halving to see how potential with bitcoin will raise the new ATH price, its coming true and the ATH of bitcoin above $80k will make excited with the market condition and bring positive side for altcoin return back to altcoin season after dumping more longer time.

Bitcoin went to new ATH before halving which surprised everyone, because after all previous halvings, bull cycle started and Bitcoin went to new ATH. But this time everything changed and the unexpected result came as a surprise to everyone. After the ETF approval, the demand in the Bitcoin market has increased tremendously and due to the entry of institutional investors into the market, the Bitcoin price is increasing and the demand is likely to increase in the coming days. Bears have yet to take control of the market.

Bears is still trying their best to defend the $70k resistance, they blocked two big breakouts of Bitcoin. Since the bears have not yet gained control of the market, they will try their best to create Fud in the market and drive the market as they like. But it seems to me that the bears are still in for a tough time if they can't take control yet.

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Quote from: Hallroom on March 06, 2024, 01:50:29 AM

Moments before the halving, Bitcoin price will surely touch the highest speed, if Bitcoin price touches 70 then it will surely be the greatest Bitcoin price ever. Already the price of Bitcoin touched 69k dollars and touched 59k dollars. As the price of Bitcoin falls to rise again it will reach its goal of touching around $67k. I think it must touch the truth that we can guess the price of Bitcoin by looking at the bullish signs.

I believe that your expectations are largely correct after this was confirmed by the price’s return to some levels down following a period of slight decline in which the price fell to the range of $59,000, which we suggested was most likely caused by the defect that occurred in the coinbase platform system due to the power of traffic ( According to what was announced) the price rose again.

Reaching the ceiling of $100,000 may be a slightly exaggerated expectation, although I expect that the price will reach levels greater than that in the future, but I rule out this happening with the next halving. All times there is a halving, prices decline before and after it, and the price does not return to rising until after a long time (months +).

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Quote from: FinePoine0 on March 05, 2024, 06:57:21 PM

Bitcoin price has already touched 69000 thousand dollars, which is the highest price of 2021. So how reasonable do you think it is that the price of bitcoin will touch 70k dollar again if it takes another step forward?

$70K makes a lot of sense because the predicted price of $70K has almost been reached if yesterday's highest price, if I remember correctly, has touched the price of 69,990 USDT. In fact, it is very possible that the price prediction for /1 BTC is $100K and that price is very reasonable as the closest price if analyzed with current market movements to be achieved.

I think there is no fear in us regarding Bitcoin and everything that happens with Bitcoin in the market still makes sense.
Instead of being busy thinking about whether it makes sense or not, focus on how much Bitcoin you already have.

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You can consider this a done deal already, this is old news. What really matters do we hold this ATH as the ground beneath our feet instead of the ceiling overhead as it appears still at the moment. I need to see that phase change and its not quite happened yet.

The point being making a price any of them, even 80k tomorrow but falling back so it only appears in our rear view mirror as a historic price. That blip upwards can ironically be a negative as it shows a price lit up but quickly snuffed out, it diminishes hope some and reduces the sentiment of a the market crowd to be less optimistic. Inversely this can be true also, like that last sell off was actually bullish and has returned us back to the ATH again.

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Quote from: Volimack on March 08, 2024, 07:25:11 AM

Quote from: FinePoine0 on March 05, 2024, 06:57:21 PM

Bitcoin price has already touched 69000 thousand dollars, which is the highest price of 2021. So how reasonable do you think it is that the price of bitcoin will touch 70k dollar again if it takes another step forward?

Bitcoin's price has already crossed 67k so it looks like it won't take long to go to $70000. Many were disappointed to see the price drop slightly but all investors are optimistic after seeing so much upside. Everyone is holding on and Bitcoin will once again set a new ATH record in the crypto market. It's going to be a great year for bitcoin pumping. .

I also think this year has been a great year for Bitcoin price growth. Bitcoin price has already crossed $67,000 and touched $70k which is the new ATH.Bitcoin price touched a high of $68k before touching $70k and then Bitcoin price went down maybe everyone was depressed then. I think there is nothing to be disappointed about the price of bitcoin falling because the price of bitcoin rises quickly. With the way the price of Bitcoin is currently increasing, many can imagine that after the Bitcoin halving the price of Bitcoin will increase even more.

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Quote from: FinePoine0 on March 05, 2024, 06:57:21 PM

Bitcoin price has already touched 69000 thousand dollars, which is the highest price of 2021. So how reasonable do you think it is that the price of bitcoin will touch 70k dollar again if it takes another step forward?

Definitely after a long 4 year gap, we have seen Bitcoins here in the market. Definitely all long term holders are happy seeing this. The price will keep on increasing if more people now increase the demand to accumulate it by buying more Bitcoins. Many have predicted that the price will go really up and might cross 100k USD this year only. So yes high hopes for the Bitcoins. Bitcoins will definitely make all long term holders happy, as they will sell now and will get the max profit.

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Quote from: Solosanz on March 09, 2024, 10:45:55 AM

Quote from: philipma1957 on March 08, 2024, 05:58:36 PM

when 80k march 15? or later.

I believe it will happen on March 32.

While people continue to be skeptical and do not believe that bitcoin can continue to increase in price and create ATH before halving or this year. Bitcoin has silently made people surprised, even regretful because they did not believe what was happening. Bitcoin surpassed $69k and touched $70k in the doubts of most people, while people still believe that history will not be broken, history will repeat itself. So the more people who don't believe that bitcoin will continue to rise in price, the more interested I become because I believe that bitcoin will always go against what the crowd thinks.

Solosanz

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Quote from: Reatim on March 09, 2024, 07:57:30 AM

It is broken once again , bitcoin crossed 70k and that recorded its ATH now and looks like we will be breaking it again and again before the halving comes , because seeing the market now staying at 68k after hitting that 70k? this shows how strong the market can be and its value will continues to flow, surely this is the ETF thing here.

Yep, but people dump it and now the price is hovering around $68K, but sooner or later it will cross to $70K, it just a matter of times. People are really obsessed with achieving new ATH, same happen like when they were obsessed with SEC accepting Bitcoin ETFs.

Quote from: Marvell1 on March 09, 2024, 09:25:04 AM

You are right, what is happening is the impact of ETF but many people have dismissed, criticized and said it is useless. So far, we need to acknowledge how big its impact has been, it has caused bitcoin to break its 4-year cycle over the past several years and we are entering a whole new era. The money flowing into the market is huge every day and I think bitcoin could surpass $70k and even $75k before the halving happens. ETFs, halving, Fed lowering interest rates and the world economy is recovering, there are a lot of positive things happening in 2024 so I firmly believe this is a super cycle for bitcoin and crypto .

ETFs is useless when we compare it with Bitcoin, but when it comes to price, they can give an influence because most people still scared and doesn't want to invest in Bitcoin if it's not get supported or promoted by the government.

Fed didn't lower the interest rates, actually the interest rates is still high https://tradingeconomics.com/united-states/interest-rate.

Quote from: philipma1957 on March 08, 2024, 05:58:36 PM

when 80k march 15? or later.

I believe it will happen on March 32.

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Of course yes, the price of Bitcoin will take a new ATH, but things cannot happen today or tomorrow, it may have to happen, but what I can say is that it is happening and it is something that everyone cares about very much and that can give many benefits, there is even talk that they can buy now to see how much profit they can have, because it is speculated that the bitoni can grow up to $300k, but that is something that can happen by 2025, that's it that many experts can allocate to happen.

The price is very emotional and whoever says that it is boring I honestly don't know what they think, but for now the bitcoin bulls are very excited, and not only them but many of us, therefore we must be more prudent and know how to make our investments wisely, bitcoin has many good things to offer, but that depends on the user of those who believe or do not believe in bitcoin, I have tried to find a lot of money to invest in bitcoin because I know that it will grow, the new ATH? uncertain, but it will be very good.

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Quote from: Reatim on March 09, 2024, 07:57:30 AM

Quote from: FinePoine0 on March 05, 2024, 06:57:21 PM

Bitcoin price has already touched 69000 thousand dollars, which is the highest price of 2021. So how reasonable do you think it is that the price of bitcoin will touch 70k dollar again if it takes another step forward?

It is broken once again , bitcoin crossed 70k and that recorded its ATH now and looks like we will be breaking it again and again before the halving comes , because seeing the market now staying at 68k after hitting that 70k? this shows how strong the market can be and its value will continues to flow, surely this is the ETF thing here.

You are right, what is happening is the impact of ETF but many people have dismissed, criticized and said it is useless. So far, we need to acknowledge how big its impact has been, it has caused bitcoin to break its 4-year cycle over the past several years and we are entering a whole new era. The money flowing into the market is huge every day and I think bitcoin could surpass $70k and even $75k before the halving happens. ETFs, halving, Fed lowering interest rates and the world economy is recovering, there are a lot of positive things happening in 2024 so I firmly believe this is a super cycle for bitcoin and crypto .

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Quote from: FinePoine0 on March 05, 2024, 06:57:21 PM

Bitcoin price has already touched 69000 thousand dollars, which is the highest price of 2021. So how reasonable do you think it is that the price of bitcoin will touch 70k dollar again if it takes another step forward?

It is broken once again , bitcoin crossed 70k and that recorded its ATH now and looks like we will be breaking it again and again before the halving comes , because seeing the market now staying at 68k after hitting that 70k? this shows how strong the market can be and its value will continues to flow, surely this is the ETF thing here.

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Quote from: FinePoine0 on March 05, 2024, 06:57:21 PM

Bitcoin price has already touched 69000 thousand dollars, which is the highest price of 2021. So how reasonable do you think it is that the price of bitcoin will touch 70k dollar again if it takes another step forward?

Most of us are expecting that to happen because it doesn't seem difficult anymore for Bitcoin. If it could touch $69k when a big part of the market wasn't expecting it to happen including myself, but now that it did it and we are about a month away from the event, we can even expect Bitcoin to hit $80k before the halving event and then mark a very high all-time high after the halving.

Previously, most of us were hoping and expecting that Bitcoin would hit $100k this bull run, but if it manages to cross $80k before the halving, I'll be pretty confident that Bitcoin will go way across $100k, and believe me, that is going to be a sweet ride.

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Quote from: philipma1957 on March 08, 2024, 05:58:36 PM

when 80k march 15? or later.

I'm not good at speculation but man, I do think that it's a good date and number that we predict it to go there, the only factor is whether a lot of retail would take profit around 75k making the price go down but we still got like 6 days for this to happen, the further it's away from, the more likely the prices will go to the predicted number.

Anyone here not yet ready to sell their bitcoins or is still accumulating to maximize their profits when they finally sell?

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when 80k march 15? or later.

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Quote from: ScamViruS on March 08, 2024, 02:24:20 PM

Quote from: Volimack on March 08, 2024, 07:25:11 AM

Bitcoin's price has already crossed 67k so it looks like it won't take long to go to $70000. Many were disappointed to see the price drop slightly but all investors are optimistic after seeing so much upside. Everyone is holding on and Bitcoin will once again set a new ATH record in the crypto market. It's going to be a great year for bitcoin pumping. .

Today Bitcoin touched the new ATH and we again saw a sharp decline as it became a strong resistance. The second attempt for Bitcoin to go above $70k also failed, Bitcoin will now prepare again with a stronger attempt and the market will go above 70k. In fact traders open many high leverage trades in this area because everyone is bullish here because everyone expects Bitcoin to easily go to the minimum of 75k and stabilize. But the whales will not give this opportunity to traders so easily, Bitcoin will stabilize above the new ATH only after they liquidate the leveraged traders.

Well, finally today we have seen bitcoin actually hit a new ATH before the halving. It's a surprise in this halving cycle that a new ATH was hit before the event, but I guess it's natural because there are a lot of institutions and bitcoin whales coming in which makes the demand increase. Bitcoin ETFs and positive news about investment opportunities during the halving period have influenced new investor interest, which has made a big difference in this 4-year cycle.

We can still expect higher prices now, but a quick correction due to heavy selling is also possible. Maintaining the price above $69k is difficult because investors' interest in selling it is still high, especially if they have collected profits 2 or 3 times since their investment existed. But let's wait and see what happens before the halving.

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