BTC reached ATH 62K - are we on another milestone, 100K? - page 2.

kotajikikox

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Quote from: DarkDays on April 13, 2021, 04:12:16 AM

Many of you might have already received the alerts that BITCOIN has reach yet another ATH

Yeah I monitored this new ATH and had celebrated when it reached.

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We have seen many cooperations looking at BTC as an asset and investing in it, what started as a Tesla support for crypto rolled over into VISA and PayPal. Clearly,

Well there are many businesses that starts before tesla but they are the one who make it trending .

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BTC is receiving more and more interest day by day.

Like what we did when we first fall in love with it.

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What do you think will be next for BTC? Some people say it could reach 100K, what do you think?

This is the expected Highest value of the Year , But who knows right? Hope that we will Make it at least 80k usd within.

gabbie2010

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Quote from: onecall123 on April 14, 2021, 09:50:25 AM

Quote from: traderethereum on April 14, 2021, 09:38:14 AM

Finally, the bitcoin price reaches new ATH at $64k and although the price now is down and make a correction for a while, the price can still go up higher and still trying to break the next high price.
But we need to be careful because this can attract the price to go down too far to make us panic for more, especially for people who wait for the bounce comes.
Analyzing more will be necessary to find the best time to enter the market or still stay for a while.
If this correction is not staying for long, I think the price will be back to $64k and will break $65k this week, but if it's not, maybe we need to wait for the next week.

All things considered, BTC is climbing at this moment, yet there is a small push back. we are in the early stage, so it should go up. I'm concerned about the correction, however as long as Tesla and other big institutions are holding onto it and all other positive things will outweigh the negative. So lets see, still putting money in it by the way. Stay with the trends, don't be too greedy, and do your research.

After the price of Bitcoin reached the new ATH at $64K it pullback to the resistance turned support at $60K and based on price Action the price got rejected at the suppor at the momentt thus likely heading to another ATH likely a psychological number like $70K $80K or more slow and steady wins the race gradually the predicted $100K price mark is gradually at sight provided that the present trend is sustained.

lepbagong

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Quote from: Yaunfitda on April 16, 2021, 10:12:25 PM

For sure there will be some of us who are going to book profits in this bull run and will just wait for the next one. That is just the nature of the market, otherwise it won't be healthy in the long end. As for this so called four year cycle, do we really have one or it is just coincidence or it is just based on the halving itself? Fundamentals might change but every four year halving remains.

The halving seems to remain the main thing from what happens from the treatment of bitcoin, which at that time will always make changes that will occur in every price of bitcoin due to the effect of the halving. because the halving is not and has not changed, it remains with a four-year cycle and currently this is the third cycle of halving that has occurred and usually the halving effect will occur after a year of halving runs and it has been proven at the end of the year, whether the third halving will also occur at the end of this year.

Of course if it really happens at the end of this year, we can be sure that there will be a surprise because now when Q1 prices are already high, it is not impossible that for a long time something unexpected will happen. we are waiting for that thing.

Yaunfitda

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Quote from: bitgolden on April 15, 2021, 01:50:40 PM

Quote from: btc_angela on April 15, 2021, 08:58:28 AM

Definitely, bitcoin's fundamentals has change a lot from the last bull cycle, so this massive run will continue and maybe we won't see or at least the 4 year cycle might not be applicable in this rally.

This bull run will continue; okay, but after that no one will book profits? I am sure not all buyers are not long term holders. Definitely they will prefer to see quick profits rather than holding for years and waiting for another halving to happen. So, there are less possibilities for this cycle to be different from the previous ones. I guess there could be some minor changes but definitely most institutions will pull back their funds so that they will not be late on booking profits. So, bitcoin's cycle will happen as usual.

For sure there will be some of us who are going to book profits in this bull run and will just wait for the next one. That is just the nature of the market, otherwise it won't be healthy in the long end. As for this so called four year cycle, do we really have one or it is just coincidence or it is just based on the halving itself? Fundamentals might change but every four year halving remains.

bitgolden

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Quote from: btc_angela on April 15, 2021, 08:58:28 AM

Definitely, bitcoin's fundamentals has change a lot from the last bull cycle, so this massive run will continue and maybe we won't see or at least the 4 year cycle might not be applicable in this rally.

This bull run will continue; okay, but after that no one will book profits? I am sure not all buyers are not long term holders. Definitely they will prefer to see quick profits rather than holding for years and waiting for another halving to happen. So, there are less possibilities for this cycle to be different from the previous ones. I guess there could be some minor changes but definitely most institutions will pull back their funds so that they will not be late on booking profits. So, bitcoin's cycle will happen as usual.

btc_angela

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Quote from: jseverson on April 14, 2021, 08:51:02 PM

Quote from: btc_angela on April 14, 2021, 06:43:38 AM

What scares me though is that after pushing it $69k because of those meme's, what will happen next to the market? It's seems this is a definition of shilling, just like what Elon did months ago for Dogecoin. So it's possible that those who are running this so called at $69k meme will be the first people/group who are going to sell it off for instant profit.

69k isn't really an important threshold though, so unless you poured in money just to help make that happen, I don't think you'd sell just because. The next big target most average joes (the same people who want to make 69k happen) is 100k, so I'd say they're more likely to sell at that point.

I do believe the market will cool off if they force that to happen, but I don't expect that to affect the grand scheme of things at all -- the bull run should continue regardless.

I was under the impression that this group are going to sell because of the typical shilling.

But for us average joe's, definitely we are going long on bitcoin and hope that we will see it hitting $100k and then probably we will see a sell-off by that time.

Definitely, bitcoin's fundamentals has change a lot from the last bull cycle, so this massive run will continue and maybe we won't see or at least the 4 year cycle might not be applicable in this rally.

buwaytress

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Quote from: traderethereum on April 15, 2021, 05:12:05 AM

Do not forget, we still have the whales that still support bitcoin and still guard bitcoin.
The other institutions and big companies only care about making money from their investment, but we can hope they will still support bitcoin too, like the whales.
We need to be careful if we want to put money in bitcoin and always research before doing something as the correction will still happen.
The important thing is we can hold ourselves from becoming greedy because that will make us late to take profit.

Coinbase being the latest "whale" doing that. I know the maximalists got rubbed the wrong way with what Armstrong said in an interview, but if you took a look at their early pitch (shared somewhere on crypto twitter or some), they basically just said "Bitcoin is the future and we're making it easier to buy". And it worked. Of course, it wasn't JUST Bitcoin that pulled them up but they'll remember very well it was Bitcoin and Bitcoin only that sold investors on their idea.

traderethereum

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Quote from: onecall123 on April 14, 2021, 09:50:25 AM

Quote from: traderethereum on April 14, 2021, 09:38:14 AM

Finally, the bitcoin price reaches new ATH at $64k and although the price now is down and make a correction for a while, the price can still go up higher and still trying to break the next high price.
But we need to be careful because this can attract the price to go down too far to make us panic for more, especially for people who wait for the bounce comes.
Analyzing more will be necessary to find the best time to enter the market or still stay for a while.
If this correction is not staying for long, I think the price will be back to $64k and will break $65k this week, but if it's not, maybe we need to wait for the next week.

All things considered, BTC is climbing at this moment, yet there is a small push back. we are in the early stage, so it should go up. I'm concerned about the correction, however as long as Tesla and other big institutions are holding onto it and all other positive things will outweigh the negative. So lets see, still putting money in it by the way. Stay with the trends, don't be too greedy, and do your research.

Do not forget, we still have the whales that still support bitcoin and still guard bitcoin.
The other institutions and big companies only care about making money from their investment, but we can hope they will still support bitcoin too, like the whales.
We need to be careful if we want to put money in bitcoin and always research before doing something as the correction will still happen.
The important thing is we can hold ourselves from becoming greedy because that will make us late to take profit.

Dr.Osh

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Quote from: ?? on ??

I was very hysterical when I saw the Bitcoin price hit the ATH price of $ 64k, I didn't expect the Bitcoin price increase to be this fast.
This makes me smile all day long because the Bitcoin price increase is so high, indeed I predict the Bitcoin price this year will reach $ 100k.
But getting to the price of $ 64k this April is really fast in my opinion, and this makes me even more excited to continue holding the Bitcoin that I have.
Even if I had extra money now I would immediately buy Bitcoin. I increasingly believe this year's $ 100k target is achievable.

in fact, I also didn't expect this to happen so quickly, and it also made me smile before I realized that I didn't have that many assets. Cry

however, it is currently possible to see bitcoin prices as high as $ 100k. I even thought that the price might be reached by the end of this year. maybe within the next 1 or 2 months, the price of bitcoin could be in the range above $ 70k.

jseverson

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Quote from: btc_angela on April 14, 2021, 06:43:38 AM

What scares me though is that after pushing it $69k because of those meme's, what will happen next to the market? It's seems this is a definition of shilling, just like what Elon did months ago for Dogecoin. So it's possible that those who are running this so called at $69k meme will be the first people/group who are going to sell it off for instant profit.

69k isn't really an important threshold though, so unless you poured in money just to help make that happen, I don't think you'd sell just because. The next big target most average joes (the same people who want to make 69k happen) is 100k, so I'd say they're more likely to sell at that point.

I do believe the market will cool off if they force that to happen, but I don't expect that to affect the grand scheme of things at all -- the bull run should continue regardless.

Ridwan Fauzi

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Indeed, the majority of investor are looking for $100.000 as new target for bitcoin price movement. This is why, we haven't seen a huge decrease for bitcoin when it was just move sideaway in a few weeks. At that time I have made a prediction that bitcoin will fall because I see tripple top but I was wrong in fact bitcoin is increasing now.

But now, its price just passed the box line and increase more than previous all time high and make new all time high. Although I see some doubts from investors because in the daily time frame candle will form a red candle where many investors make profit bookings at the price of $ 63,000, just curious with what happen next, usually if the previous candle is red and the next candle form in green candle then we will see a huge increase in the short time.

Dave1

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Quote from: arufox on April 14, 2021, 06:12:37 PM

Yes, Bitcoin will. It will easy for Bitcoin to reach $100K before the end of this year. I never see any fud about Bitcoin anymore, In 2017 with a lot of fud, Bitcoin can reach the ATH that no one can predict. And now with no fud, it will easy for Bitcoin pumped and I think the ATH is also unpredictable and will make lots of people surprised

I'm sorry but I have to disagree, it will not be an easy road, in 2017's ATH early that year there are a lot of FUDs along the way, so we can't discount that fact that there will be some groups that will try to bring the price down with their shilling and negative connotations about bitcoin.

Nevertheles,, bitcoin is so resilient from this kind of bad news and publicity that it will bounce back and recover and then go for another all time high, $100k is the ultimate top price that we all been wanting to see but it will not be as easy as that.

arufox

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Yes, Bitcoin will. It will easy for Bitcoin to reach $100K before the end of this year. I never see any fud about Bitcoin anymore, In 2017 with a lot of fud, Bitcoin can reach the ATH that no one can predict. And now with no fud, it will easy for Bitcoin pumped and I think the ATH is also unpredictable and will make lots of people surprised

Lanatsa

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Quote from: tbterryboy on April 14, 2021, 12:15:05 PM

Quote from: Hippocrypto on April 14, 2021, 09:57:45 AM

I heard that predictions last two months ago, but it's not that easy to be in reality as of today because there's a lot of factors that may affect the price. Demand is one of the keys to reach our target price, and it's very important to determine which price you're going to dig in. Don't waste every opportunity while there's a chance to hold btc before it reaches $100k.

Yeah, these predictions are not new just because of bitcoin is setting a new ATH above $62k. We are regularly getting speculations about reach between $100k to $400k but I am not find reaching these levels difficult as there are many big players to support these speculations. When bitcoin community is slowly start believing about reaching big levels then everyone will work for that out of FOMO.

So, when people are continuously making such predictions the we are really going to experience such huge levels; just get ready to book profits around final ATH which may be a mystery as of now.

Everytime bitcoin do able to break out new heights then its just normal for us to call out those kind of predictions reaching out those numbers even though some of it isn't already that believable

that we can achieved it on a short period of time but we know on what are the chances that could happen basing truly with the demand that the community would set out.

For milestone speaking then bitcoin never fails to impress us in regards to that because it can potentially break out those numbers on least expectation.

pixie85

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I'm wondering if the pi cycle indicator will be wrong for the first time this cycle. It marked the top yesterday and previously it was pretty accurate. Sometimes it was off by 2 of 3 days but still pretty good at showing when bitcoin is extremely overbought and ready for a correction.

We just had a minor correction, so we'll either stabilize at 60 thousand and reach another ATH in a few weeks, just like we did after breaking 61 thousand, or we'll start a longer correction and this will really prove to be the top.

tbterryboy

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Quote from: Hippocrypto on April 14, 2021, 09:57:45 AM

I heard that predictions last two months ago, but it's not that easy to be in reality as of today because there's a lot of factors that may affect the price. Demand is one of the keys to reach our target price, and it's very important to determine which price you're going to dig in. Don't waste every opportunity while there's a chance to hold btc before it reaches $100k.

Yeah, these predictions are not new just because of bitcoin is setting a new ATH above $62k. We are regularly getting speculations about reach between $100k to $400k but I am not find reaching these levels difficult as there are many big players to support these speculations. When bitcoin community is slowly start believing about reaching big levels then everyone will work for that out of FOMO.

So, when people are continuously making such predictions the we are really going to experience such huge levels; just get ready to book profits around final ATH which may be a mystery as of now.

LUCKMCFLY

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Really the price and the bullish rally of bitcoin has triggered some huge gains for Microestartegy, for now I think they will continue to want to earn more, so it is easy to determine that the price is very likely to continue reaching new ATH, with all the money from Microstrategy has become big business for them.

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According to nothing but numbers, MicroStrategy is up $3,578,716,599 combined on their position in BTC. Over the last fifteen years, according to an industry commentator, they’ve generated $747 million in net income. This means that in less than one year after buying Bitcoin, they’ve generated 4.79 times their previous total net income.

Source: https://bitcoinist.com/by-the-numbers-heres-how-much-microstrategy-has-made-on-bitcoin/

According to the article Microestrategy has increased 4.76 times their total investment income, if they invest at least half of their profits we would see the most likely that Bitcoin can reach about $ 100k, if they decide to re-invest.

Silberman

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Quote from: DarkDays on April 13, 2021, 04:12:16 AM

Many of you might have already received the alerts that BITCOIN has reach yet another ATH

We have seen many cooperations looking at BTC as an asset and investing in it, what started as a Tesla support for crypto rolled over into VISA and PayPal. Clearly,

BTC is receiving more and more interest day by day.

What do you think will be next for BTC? Some people say it could reach 100K, what do you think?

The path to 100k is still very far away, the resistance that we found when the price reached 60k is something that many people were not expecting and even with all the positive news bitcoin is having some problems to keep growing, I really think that this is because retail investors are now choosing altcoins over bitcoin in order to obtain even more profits so this is slowing down the growth of bitcoin, it seems that they forgot the last lesson that they learned in 2017 when the crash in the market of altcoins was dramatic.

Hippocrypto

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Quote from: DarkDays on April 13, 2021, 04:12:16 AM

Many of you might have already received the alerts that BITCOIN has reach yet another ATH

~snip~

We have seen many cooperations looking at BTC as an asset and investing in it, what started as a Tesla support for crypto rolled over into VISA and PayPal. Clearly,

BTC is receiving more and more interest day by day.

What do you think will be next for BTC? Some people say it could reach 100K, what do you think?

I heard that predictions last two months ago, but it's not that easy to be in reality as of today because there's a lot of factors that may affect the price. Demand is one of the keys to reach our target price, and it's very important to determine which price you're going to dig in. Don't waste every opportunity while there's a chance to hold btc before it reaches $100k.

onecall123

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Quote from: traderethereum on April 14, 2021, 09:38:14 AM

Finally, the bitcoin price reaches new ATH at $64k and although the price now is down and make a correction for a while, the price can still go up higher and still trying to break the next high price.
But we need to be careful because this can attract the price to go down too far to make us panic for more, especially for people who wait for the bounce comes.
Analyzing more will be necessary to find the best time to enter the market or still stay for a while.
If this correction is not staying for long, I think the price will be back to $64k and will break $65k this week, but if it's not, maybe we need to wait for the next week.

All things considered, BTC is climbing at this moment, yet there is a small push back. we are in the early stage, so it should go up. I'm concerned about the correction, however as long as Tesla and other big institutions are holding onto it and all other positive things will outweigh the negative. So lets see, still putting money in it by the way. Stay with the trends, don't be too greedy, and do your research.

Topic: BTC reached ATH 62K - are we on another milestone, 100K? - page 2. (Read 592 times)