Topic: Get ready guys! (Read 608 times)
I am going to lock this thread a week after opening because although we could start the upside soon, my hunch that we would break $70K was not correct, plus there are already enough threads in this section for general speculation.
Yes I agree with you, we can see $68K or $69K anytime, but a strong bullish moment is needed to break above $70K. If Trump wins the US election on November 5th, it will have a much more positive impact on Bitcoin, and a strong bullish trend will be created on Bitcoin that will push Bitcoin to $92K. One such assumption was made by Jeff Park, Head of Strategy at Bitwise. on October 22, he mentioned in his X post that Trump's victory will take Bitcoin to $92K. We don't know how true he is about this future, but there's a good chance that Bitcoin will actually go much further if Trump wins. Now let's see what actually happens.
There is always a story when BTC will climb in the near future. Yes. Today the market is a little panicked due to the issue of their drama that is trying to find out about the circulation of the theater whether it is identified / leading to a violation with the assumption that the theater has been used by a third party for illegal activities.
The BTC price failed at going above 70K in the last few days. We need a bigger FOMO phase and more bullish news to help pump the price above 70K. Maybe the next bullish event is going to be the US presidential election on November 5th, but I'm not going to bet money that Trump is going to win. Will Trump pump the price? Maybe the political situation in the USA is going to be a win-win for Bitcoin. If Trump wins, this will be good for Bitcoin, because Trump says that he is pro-crypto. If Harris wins, the US government is about inject billions of dollars into the economy with stupid leftist politics and "helicopter money". This will also pump the Bitcoin price. Maybe there's no way for us to lose anything, by putting more money into Bitcoin.
I wouldn't say that we need FOMO, it's that the barrier to break that $70,000 is too big right now. Mentally, investors might have their sell order at $68,000-$69,000 that's why after reaching that price, we have a minor correction.
But now looking good again, price is up to $68,000 and it might continue to grow before the end of the month. And yeah, I would say that the result of the US election should be big for us if Trump wins and this could be the piece that we all have been waiting for to see the price going up in parabolic rise till the end of the year. And we have a thread on the betting between Harris and Trump and there are a speculation that if Trump wins we can see the price into the $90,000 so let's see if it will come true or not.
The BTC price failed at going above 70K in the last few days. We need a bigger FOMO phase and more bullish news to help pump the price above 70K. Maybe the next bullish event is going to be the US presidential election on November 5th, but I'm not going to bet money that Trump is going to win. Will Trump pump the price? Maybe the political situation in the USA is going to be a win-win for Bitcoin. If Trump wins, this will be good for Bitcoin, because Trump says that he is pro-crypto. If Harris wins, the US government is about inject billions of dollars into the economy with stupid leftist politics and "helicopter money". This will also pump the Bitcoin price. Maybe there's no way for us to lose anything, by putting more money into Bitcoin.
I wouldn't say that we need FOMO, it's that the barrier to break that $70,000 is too big right now. Mentally, investors might have their sell order at $68,000-$69,000 that's why after reaching that price, we have a minor correction.
But now looking good again, price is up to $68,000 and it might continue to grow before the end of the month. And yeah, I would say that the result of the US election should be big for us if Trump wins and this could be the piece that we all have been waiting for to see the price going up in parabolic rise till the end of the year. And we have a thread on the betting between Harris and Trump and there are a speculation that if Trump wins we can see the price into the $90,000 so let's see if it will come true or not.
I think, guys are ready to take advantage of bullish to release their Bitcoin to make income, because the sign of bullish season is spreading for holders to know what will happen before the end of this year which will be for the favour of those that will hold for the price to reach $80,000. There are some holders who will sell their Bitcoin when the price reach $70,000 again, because they have seen some reason why they should sell and prepare for bearish season that is about to happen again. The price of Bitcoin has increased to reached $67,000 and the green light is still on, which it will make the price to increase higher to break into another high price that will move holders not to miss their opportunity.
the liquidity zone at $70k is definitely abundant, make me wonder if the price will touch the $70k before retracement, as the SND principle, it will always retouch either the supply zone or demand zone at some point.currently price of BTC is still unstable, but I think within a week we will see whether bitcoin's price gonna go to $70k or will retrace back to the level of $64k. either way both scenario are still showing good signs of BTC, even if it retraced back to $64k. there is still big chance that it will resume the bullrun and have even bigger rally.
I think, guys are ready to take advantage of bullish to release their Bitcoin to make income, because the sign of bullish season is spreading for holders to know what will happen before the end of this year which will be for the favour of those that will hold for the price to reach $80,000. There are some holders who will sell their Bitcoin when the price reach $70,000 again, because they have seen some reason why they should sell and prepare for bearish season that is about to happen again. The price of Bitcoin has increased to reached $67,000 and the green light is still on, which it will make the price to increase higher to break into another high price that will move holders not to miss their opportunity.
Don’t get deceived. It’s true that the end of the year is already showing bullishness, but that does not mean that we should put all our hope on it as if there is all certainty that it must happen. Market due change and little things can just turn the candlestick around to the negative side.Those who hold can bag more, but it shouldn’t be because they expect to sell when bitcoin hits $80k before the end of the year; it should be for the shake of preparing for when ever price reaches their targeted price without setting a time frame limit.
The BTC price failed at going above 70K in the last few days. We need a bigger FOMO phase and more bullish news to help pump the price above 70K. Maybe the next bullish event is going to be the US presidential election on November 5th, but I'm not going to bet money that Trump is going to win. Will Trump pump the price? Maybe the political situation in the USA is going to be a win-win for Bitcoin. If Trump wins, this will be good for Bitcoin, because Trump says that he is pro-crypto. If Harris wins, the US government is about inject billions of dollars into the economy with stupid leftist politics and "helicopter money". This will also pump the Bitcoin price. Maybe there's no way for us to lose anything, by putting more money into Bitcoin.
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I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
This is usually what happens when Bitcoin hits a new milestone. A lot of people would want to take profit but I don't think that many people will sell at 70k. At least not enough to make the price dip that much. I know that some people will take profits but with the price on $70k range, more people would be buying because a lot of people are anticipating the bull run. So even if people would sell, people who want to buy will be way more than people who want to sell and that would mean the price goes up.
I agree that
There are usually more investors in the bull run and with the much anticipation of this particular one where a lot of people believe it would exceed $100k, it would be no different.
I don't know how many people will take profits when bitcoin breaks $70k again but I agree with your thinking that there will be more buyers at that point. From what I have observed over the past few days, there are a lot of analyses and predictions that if bitcoin breaks above $70k and the price could stay there for a while. That could be seen as a confirmation signal that the bull season has arrived. I don't know where they base those claims but it shows there will be a big Fomo if Bitcoin price surpasses $70k in the coming days.
I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
Yeah I admit this observation too but I have always think that it is caused by FOMO depending on market news at the current time.This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
Some investors does not hesitate to take their profits in any given market increase on gradual processes until they cashes out the amount of their capital. Only then they can take a maximum risk doing away with the FOMO but of serenity.
And when this consistently happens when the market is to surge, of course it would be drop the force backing the market to pump.
That is why it is hard to experience continues uptrends of Bitcoin rising. In this case, downtrends also becomes a norms even when we have gotten to the bull-run event.
I think, guys are ready to take advantage of bullish to release their Bitcoin to make income, because the sign of bullish season is spreading for holders to know what will happen before the end of this year which will be for the favour of those that will hold for the price to reach $80,000. There are some holders who will sell their Bitcoin when the price reach $70,000 again, because they have seen some reason why they should sell and prepare for bearish season that is about to happen again. The price of Bitcoin has increased to reached $67,000 and the green light is still on, which it will make the price to increase higher to break into another high price that will move holders not to miss their opportunity.
It is very promising for Bitcoin holders that many investors are holding on to their holdings and are anticipating more bullish times. With the US election ahead, many investors are predicting a further increase in Bitcoin's value and predicting the possibility of touching $80k this year. By evaluating the nature of price movements, if an investor has a high tendency to hold his holdings, he can expect to get more profits in the future. I think another downward trend may be observed in the market as many large holders may show more tendency to increase their stash during the correction period. 
I think, guys are ready to take advantage of bullish to release their Bitcoin to make income, because the sign of bullish season is spreading for holders to know what will happen before the end of this year which will be for the favour of those that will hold for the price to reach $80,000. There are some holders who will sell their Bitcoin when the price reach $70,000 again, because they have seen some reason why they should sell and prepare for bearish season that is about to happen again. The price of Bitcoin has increased to reached $67,000 and the green light is still on, which it will make the price to increase higher to break into another high price that will move holders not to miss their opportunity.
I am selling 0.01 btc when we crack
75k
77k
79k
81k
I am buying 0.1btc when we hit
48k
42k
and I stack every week via mining
pretty simple system for me.
This is a good strategy, I'd probably sell some as well at those prices and will try to recoup them with my other sources.75k
77k
79k
81k
I am buying 0.1btc when we hit
48k
42k
and I stack every week via mining
pretty simple system for me.
The only difference is that I don't mine but hopefully, that's next on my radar.
I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
This is usually what happens when Bitcoin hits a new milestone. A lot of people would want to take profit but I don't think that many people will sell at 70k. At least not enough to make the price dip that much. I know that some people will take profits but with the price on $70k range, more people would be buying because a lot of people are anticipating the bull run. So even if people would sell, people who want to buy will be way more than people who want to sell and that would mean the price goes up.
I agree that
There are usually more investors in the bull run and with the much anticipation of this particular one where a lot of people believe it would exceed $100k, it would be no different.
I don't think we're going anywhere until the president in the US is elected. After that, if Trump wins, I'd expect us to go even to $200k in an average case scenario within the next 2 years.
$68k is dirty cheap, but there are a lot of weak hands on the way. So fasten your seat belts, because we're heading towards another bull run, I can feel.
$68k is dirty cheap, but there are a lot of weak hands on the way. So fasten your seat belts, because we're heading towards another bull run, I can feel.
Well, I basically expect the opposite, because of the "buy the rumor, sell the news". Since everyone is thinking like you, that if Trump comes out the stock market will go up, I think that at least at the beginning the strong hands will take advantage to fleece the retail. In fact, I think the markets are betting on Trump winning, and that's why markets in general are going up.
Eyy 70k. Slowly climbing up but I reckon we'd be seeing some sell-offs at 71k ish? Wouldn't be surprised if it dropped below it again but I reckon we won't see anything similar like what happened the last time it happened where it drastically dropped off to mid 60s. We'd probably just continue off with the usual cycle but instead of 60-65, we'd stand off at maybe 68-70k ish? Market would probably remain the same for the rest of November as well (if it doesn't take that much time for it to go above 70k).
There has been a dip just as it approached $70K but typical of when the price approaches round figures like this. Let's see how the week goes.
Eyy 70k. Slowly climbing up but I reckon we'd be seeing some sell-offs at 71k ish? Wouldn't be surprised if it dropped below it again but I reckon we won't see anything similar like what happened the last time it happened where it drastically dropped off to mid 60s. We'd probably just continue off with the usual cycle but instead of 60-65, we'd stand off at maybe 68-70k ish? Market would probably remain the same for the rest of November as well (if it doesn't take that much time for it to go above 70k).
This is just a hunch but I think we are starting the best part.
It could be a false alarm, however
We are coming from a sideways where we have approximated the price as now several times but at the time of the cycle we are in, if we clearly break $70K I think we start the bull run for real.
For several days, the market is at 68 thousand dollars, in this case, the market can increase and exceed 70 thousand dollars at any time. If Bitcoin doesn't go above $70,000 in October, Bitcoin will go above $70,000 in November.It could be a false alarm, however
We are coming from a sideways where we have approximated the price as now several times but at the time of the cycle we are in, if we clearly break $70K I think we start the bull run for real.
Nice rise after a period of calm and boredom.
Bitcoin successfully completes 4 days of closing above $68,300 and this is a good indicator, the correction in the bull market is normal and is the result of some large owners selling part of their assets in batches and this may be repeated until the expected top at $100K.
Bitcoin has now exceeded $69K with a dominance exceeding 57% and we are waiting for it to break the $70K barrier to continue its way to the top.
Just matter of time until we hit $70k, if we see the breakthrough however, indeed we gonna see historical price rally on the making, which is great for people who have positioned themselves to long the market.
we're about to print money for good this time around
.
I think the fact that whales are accumulating BTC non-stop is a proof that BTC is just waiting for its time to have a really big rally following the trajectory of predicted $1m a bitcoin in the future, if we can reach $100k, that means we can reach $1m as the next level which gonna be huge since market cap will increase dramatically.
we will also see bearish people getting sidelined one by one, big liquidation for shorter incoming. never a good outcome shorting BTC at bullrun.
we're about to print money for good this time around
.I think the fact that whales are accumulating BTC non-stop is a proof that BTC is just waiting for its time to have a really big rally following the trajectory of predicted $1m a bitcoin in the future, if we can reach $100k, that means we can reach $1m as the next level which gonna be huge since market cap will increase dramatically.
we will also see bearish people getting sidelined one by one, big liquidation for shorter incoming. never a good outcome shorting BTC at bullrun.
Iam always too pessimistic because right now the price action is right at resistance and its been a very positive week to follow prior weeks of gains. It should proceed well but I never buy the story till its been challenged and failed in that challenge. I dont expect us to go up until its unexpected, which is not making sense especially but thats how volatile I expect BTC to be from the micro to the macro scale.
Theres only 20 minutes left, if BTC closes above 69k now I will be alot more convinced. I dont imagine just a line in the sand is what divides positive from negative, it really is the pattern and nature of the movement that should define the probability of success in a positive move that confirms or the usual selloff and breakdown to prior support that we've become used to.
Theres only 20 minutes left, if BTC closes above 69k now I will be alot more convinced. I dont imagine just a line in the sand is what divides positive from negative, it really is the pattern and nature of the movement that should define the probability of success in a positive move that confirms or the usual selloff and breakdown to prior support that we've become used to.
I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
That's why investing into cryptocurrency is very exciting. You will see things that didn't happen in the past like what happened weeks before the halving happened. We've seen something that hasn't happened in the history of Bitcoin.This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
I don't know if it's just me, but there are many investors think that prices divisible in "$10,000" like $50,000, $60,000 and so on and so forth are being considered as a psychological resistance/support. Well, this is just my observation, but I agree with what you said though that we might see a correction when Bitcoin's price reach $70,000. At that time, we will see the bulls and bears fighting with each other again. We've saw Bitcoin's price reaching $69,000 a few days ago, but got rejected immediately and went down yet again. As for Bitcoin, it has been an "Uptober" for it ever since the month started and we still have more than a week left.
I will not be surprised if we will be seeing something different with regards to the bull run this time.
For Bitcoin to hit $70k in this very month can happen but I believe it can only happen if the market price doesn't go back at $65k or anything close, we only need the price to be heading forward not backward. To me I see October as a more better month compare to August and September, it has a productive stand on like September (as of the last week of Sep). This month can as well bring a new ATH if care is not taken because for a very long time we haven't seen Bitcoin price at $68k since it got to the new ATH, for me I'd say we all have to wait let's see what the end of October will bring, if it will continue going higher or it will drop drastically.
I see it as reasonable to consider $70k a good take off for bit coin if we are anticipating an bull soon, there's never been a time like this where we experience the situation we are experiencing with Bitcoin currently so we should just be careful with our investments so in the situation whereby anything happens, we are still going to be on the safe side.
Maybe the anticipated Bull run did came much earlier and that was the explanation to the ATH just before the halving, this isn't a confirmed information, so DYOR.
There is definitely going to be a major resistance at $70k. There are people who got bitcoin at $60k and below and are patiently waiting for bitcoin to hit $70k and until these set of people exit the market the run we are expecting isn't going to happen yet. But one thing is certain and that's the fact that bitcoin taking off is around the corner. Once we get to $70k, expect bitcoin to drop back to $64k - $65k. Once bitcoin has gotten to that region that's when should expect the real surge to take off from there. Maybe the anticipated Bull run did came much earlier and that was the explanation to the ATH just before the halving, this isn't a confirmed information, so DYOR.
I don't think that the bull run has already happened before the halving. Yes bitcoin hit a new ATH before the halving, but I think that was just the because of the Sec. ETF approval during that time.
This is just a hunch but I think we are starting the best part.
It could be a false alarm, however
We are coming from a sideways where we have approximated the price as now several times but at the time of the cycle we are in, if we clearly break $70K I think we start the bull run for real.
For several days, the market is at 68 thousand dollars, in this case, the market can increase and exceed 70 thousand dollars at any time. If Bitcoin doesn't go above $70,000 in October, Bitcoin will go above $70,000 in November.It could be a false alarm, however
We are coming from a sideways where we have approximated the price as now several times but at the time of the cycle we are in, if we clearly break $70K I think we start the bull run for real.
I don't think we're going anywhere until the president in the US is elected. After that, if Trump wins, I'd expect us to go even to $200k in an average case scenario within the next 2 years.
$68k is dirty cheap, but there are a lot of weak hands on the way. So fasten your seat belts, because we're heading towards another bull run, I can feel.
Adoption will accelerate if Trump wins the news that it will become the bitcoin capital is true with his political promises? $200K is the scenario that investors want.$68k is dirty cheap, but there are a lot of weak hands on the way. So fasten your seat belts, because we're heading towards another bull run, I can feel.
Then $68K is too cheap don't think it's too high because looking at the $100K mark more... Although other surveys say Harris is superior but Trump has the potential to win this election.
Do you think it will hit back to $70k before it will start dumping again? No, it will not going to move above $69k before the bear season will begin to manifest. Well, I'm ready for bear season which is what am seeing ahead of December because the bull run has been on ground since the beginning of this year 2024.
BTC price is unpredictable, anything can still happen with the remaining months of this year for hodlers to smile again like the way they smile when the price hit $73k few months ago, and even though the price hit $100k now, I don't have BTC to sell which is the reason am not ready for bull now.
BTC price is unpredictable, anything can still happen with the remaining months of this year for hodlers to smile again like the way they smile when the price hit $73k few months ago, and even though the price hit $100k now, I don't have BTC to sell which is the reason am not ready for bull now.
So you're basically praying and wishing that the market crashes once again before it goes to $100k because you don't have Bitcoin to sell?
I guess you will need to wait for the actual bear run to start accumulating again, or, if you are confident that the price will hit $100k, the current price isn't a bad one to get some and then sell them at $100k, as they say, something is better than nothing. 
Besides, Bitcoin going up means the market going into a positive run, and that means even altcoins are going to be in green. Do you also have no altcoins to sell if Bitcoin goes to $100k? Well, in that case, you will really have to just sit and watch others getting profits and meanwhile, start saving up so that you can fill your bags in the bear market coming after this cycle so that you won't be in the same situation after a few years again.
I'm eagerly waiting for Bitcoin to hit $100k.
I don't think we're going anywhere until the president in the US is elected. After that, if Trump wins, I'd expect us to go even to $200k in an average case scenario within the next 2 years.
$68k is dirty cheap, but there are a lot of weak hands on the way. So fasten your seat belts, because we're heading towards another bull run, I can feel.
$68k is dirty cheap, but there are a lot of weak hands on the way. So fasten your seat belts, because we're heading towards another bull run, I can feel.
I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
I don't think I agree with you that people will dump Bitcoin when it hits $70k because it has been around that zone a couple of times even though we have experienced sharp rejections (People selling massively), it will not be this case this time around considering the realities on ground. First, the time of the year suggest that the moments of indecision are gone so market will either move massively rather than remain in consolidation. Consequently, I feel that $70k is so small a target for majority of the investors in a market that is expected to start trending massively. This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
Furthermore, there is a general mindset that Bitcoin will reach $100k this market cycle. So this is where I expect massive sell off because when price gets there, a lot of investors will sell believing that their targets have been met.
All it will take is a small sell off at that $70k price point for a bigger pull back
to occur which will liquidate the ridiculous 20x long trades which some people
place thinking Bitcoin will take an upwards trajectory without corrections along
the way. There are those who will be thinking that $70k is a perfect point to
take some profit.
I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
I don't think I agree with you that people will dump Bitcoin when it hits $70k because it has been around that zone a couple of times even though we have experienced sharp rejections (People selling massively), it will not be this case this time around considering the realities on ground. First, the time of the year suggest that the moments of indecision are gone so market will either move massively rather than remain in consolidation. Consequently, I feel that $70k is so small a target for majority of the investors in a market that is expected to start trending massively. This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
Furthermore, there is a general mindset that Bitcoin will reach $100k this market cycle. So this is where I expect massive sell off because when price gets there, a lot of investors will sell believing that their targets have been met.
All it will take is a small sell off at that $70k price point for a bigger pull back
to occur which will liquidate the ridiculous 20x long trades which some people
place thinking Bitcoin will take an upwards trajectory without corrections along
the way. There are those who will be thinking that $70k is a perfect point to
take some profit.
That will happen sooner or later. You only need to wait for that while you should buy more and more Bitcoin because Bitcoin now have its correction (again). Although we don't know how deep the price will goes down, that will be no mater because that a discount for us if we can buy at a low price.
My target to sell Bitcoin is still not appear so I am okay with the price that is up and down. We don't know if $70k could be a sign for the bull run or not. But I guess when the price can reach more than $75k, that is the time for bull run to start.
We need to be aware because we can get more correction before we really see the bull run start. So we can set alarm so we don't be late to buy at a low price or sell at a high price.
My target to sell Bitcoin is still not appear so I am okay with the price that is up and down. We don't know if $70k could be a sign for the bull run or not. But I guess when the price can reach more than $75k, that is the time for bull run to start.
We need to be aware because we can get more correction before we really see the bull run start. So we can set alarm so we don't be late to buy at a low price or sell at a high price.
I see it as reasonable to consider $70k a good take off for bit coin if we are anticipating an bull soon, there's never been a time like this where we experience the situation we are experiencing with Bitcoin currently so we should just be careful with our investments so in the situation whereby anything happens, we are still going to be on the safe side.
Maybe the anticipated Bull run did came much earlier and that was the explanation to the ATH just before the halving, this isn't a confirmed information, so DYOR.
Maybe the anticipated Bull run did came much earlier and that was the explanation to the ATH just before the halving, this isn't a confirmed information, so DYOR.
I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
I don't think I agree with you that people will dump Bitcoin when it hits $70k because it has been around that zone a couple of times even though we have experienced sharp rejections (People selling massively), it will not be this case this time around considering the realities on ground. First, the time of the year suggest that the moments of indecision are gone so market will either move massively rather than remain in consolidation. Consequently, I feel that $70k is so small a target for majority of the investors in a market that is expected to start trending massively. This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
Furthermore, there is a general mindset that Bitcoin will reach $100k this market cycle. So this is where I expect massive sell off because when price gets there, a lot of investors will sell believing that their targets have been met.
From my observations from our forum to the crypto community on other social media, $100k is considered the most desired target as well as the lowest target I see. So there could be a massive sell-off when bitcoin hits $100k and what happens after that is anyone's guess.
Many people even think that when bitcoin hits $70k again, it will trigger the real bull run that we have been waiting for so long, so it would be unconvincing to predict that they will sell bitcoin when the price hits $70k.
Do you think it will hit back to $70k before it will start dumping again? No, it will not going to move above $69k before the bear season will begin to manifest. Well, I'm ready for bear season which is what am seeing ahead of December because the bull run has been on ground since the beginning of this year 2024.
BTC price is unpredictable, anything can still happen with the remaining months of this year for hodlers to smile again like the way they smile when the price hit $73k few months ago, and even though the price hit $100k now, I don't have BTC to sell which is the reason am not ready for bull now.
BTC price is unpredictable, anything can still happen with the remaining months of this year for hodlers to smile again like the way they smile when the price hit $73k few months ago, and even though the price hit $100k now, I don't have BTC to sell which is the reason am not ready for bull now.
I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
It's probably because of short term traders who make profit from small ups and downs. They see round numbers that are also resistance as a sell target.BUT whether price is going to drop or not depends on the momentum. Such sales taking place doesn't guarantee the price dropping. Remember that $70k is a strong resistance for a very long time which means breaking it is a very positive buy signal that could potentially bring in a lot of money. A buy force that could easily negate that sell pressure and prevent any kind of drop.
I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
Yes, that has been case for the longest time, we hit certain big numbers and then we falter again, come back and be back for more. So let's see how far this run will go, now that we have go over $68k, maybe if we can continue then $70k or even reaches a new ATH.
If not, let it be, it's normal for speculators to take some profit, and then we will re-invest on it later. $70k is still our biggest re-test or it will be the goal of investors. So it's up to us whether we want to push on that price till the end of the month. If it is, then we could say that before the end of the year, we might see a new all time high, maybe in the $80k'ish.
I am selling 0.01 btc when we crack
75k
77k
79k
81k
I am buying 0.1btc when we hit
48k
42k
and I stack every week via mining
pretty simple system for me.
75k
77k
79k
81k
I am buying 0.1btc when we hit
48k
42k
and I stack every week via mining
pretty simple system for me.
Yeah, I think you are one of those guys here that really put up his plan on how someone should sell their Bitcoin. I mean, I have followed your post and it's like a baby steps or staggered way of selling. And I think we should learn from you.
So yes, happy times ahead, we still have a lot of time this month to crack $70k. But we still have to see if we can sustain the $68k run, I mean we have broken it like Wednesday if I'm not mistaken, but then we have a minor correction.
And from what I observed, usually it will take at least 2x or 3x for a certain psychological barrier to be crack and then sustain and then move on the next barrier. So with that, if we can maintain $68k till like next week, then chances are we can go on $70k. If not then we will have another minor correction and then the cycle repeats itself.
I am selling 0.01 btc when we crack
75k
77k
79k
81k
I am buying 0.1btc when we hit
48k
42k
and I stack every week via mining
pretty simple system for me.
75k
77k
79k
81k
I am buying 0.1btc when we hit
48k
42k
and I stack every week via mining
pretty simple system for me.
But yes, every bull run cycle is different, and we may be surprised this time, for better or for worse. In any case, fasten your seatbelts, turbulence may be coming
IMO, this circle is literally one of the most confusing bitcoin cycles of all time which has left many bitcoiners in dilemma about when could really be the start of the anticipated bull run with some still questioning if we've really entered the bull run that we should be fastening our seatbelts or it's almost over and we don't even know, perhaps due to the precedent bitcoin set by reaching a new ATH before the circle. However, I am harbouring the feeling that the bull run is gonna take many by surprise, especially after many weak hodlers may have dump their hodling's out of a lack of clear vision.I disagree with you guys wholeheartedly. Bitcoin has followed a 4 year cycle almost exactly and has been the easiest asset to trade I’ve ever encountered. FTX took out the top last time with their fraud, but other than that it has been a simple repeating pattern. This time will be no different without an FTX scenario (cross fingers).
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
That is true if the new ATH came even before the halving. I'm more positive that there's got to be more and a better cycle this time. And with that observation, every bull run cycle is different each time it passes.In some sense I agree with you that every bull cycle is different, but a distinctive characteristic that has always repeated after halving was a new ATH followed by an exponential price increase. The ATH, as you said, came quicker than expected, and many, myself included, are now waiting for the next big bull run and finally wear the long-awaited laser eyes. If I had to bet, third quarter of this year was my best prediction, but many others believe that it will be in the beginning of 2025.
But yes, every bull run cycle is different, and we may be surprised this time, for better or for worse. In any case, fasten your seatbelts, turbulence may be coming
I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
I don't think I agree with you that people will dump Bitcoin when it hits $70k because it has been around that zone a couple of times even though we have experienced sharp rejections (People selling massively), it will not be this case this time around considering the realities on ground. First, the time of the year suggest that the moments of indecision are gone so market will either move massively rather than remain in consolidation. Consequently, I feel that $70k is so small a target for majority of the investors in a market that is expected to start trending massively. This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
Furthermore, there is a general mindset that Bitcoin will reach $100k this market cycle. So this is where I expect massive sell off because when price gets there, a lot of investors will sell believing that their targets have been met.
But yes, every bull run cycle is different, and we may be surprised this time, for better or for worse. In any case, fasten your seatbelts, turbulence may be coming
IMO, this circle is literally one of the most confusing bitcoin cycles of all time which has left many bitcoiners in dilemma about when could really be the start of the anticipated bull run with some still questioning if we've really entered the bull run that we should be fastening our seatbelts or it's almost over and we don't even know, perhaps due to the precedent bitcoin set by reaching a new ATH before the circle. However, I am harbouring the feeling that the bull run is gonna take many by surprise, especially after many weak hodlers may have dump their hodling's out of a lack of clear vision.I disagree with you guys wholeheartedly. Bitcoin has followed a 4 year cycle almost exactly and has been the easiest asset to trade I’ve ever encountered. FTX took out the top last time with their fraud, but other than that it has been a simple repeating pattern. This time will be no different without an FTX scenario (cross fingers).
Bitcoin has not yet gotten to $70000 not to talk of it falling back below the price.
Also know that if bitcoin get to exactly $70000 or a price slightly above, there would likely be a resistance at that point. If he can overcome the resistance and stay above $70000 for some days, likely the price will become the support.
Also know that if bitcoin get to exactly $70000 or a price slightly above, there would likely be a resistance at that point. If he can overcome the resistance and stay above $70000 for some days, likely the price will become the support.
I think most people are anticipating this particular price points because of the amount of rejection that bitcoin has encountered once it touches there, bitcoin has made a very huge resistance at that $70k with the exact price of $70,200 haven’t bounced back bitcoin price in numerous occasions to the bottom, so with bitcoin once again trying to test the resistance again many are anticipating maybe the historical trend of bitcoin been bullish in the last quarter of the years as a momentum to get pass this price. Should bitcoin get above this price then the only strong resistance left will be the $71,680 price which if taken out too will set us up for a new all time high as i don’t see any futher resistance again.
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
What you do mean as different?The answer could be that bitcoin price pattern this time wouldn’t wouldn’t follow the past cycles after halving, is reason is justified already with bitcoin for the very first time reaching a new all time high right before halving which is a actually a different thing compared to past cycles. The thing I can say is the market wouldn’t be identical like the past but the long term outlook will be the same,
But yes, every bull run cycle is different, and we may be surprised this time, for better or for worse. In any case, fasten your seatbelts, turbulence may be coming
IMO, this circle is literally one of the most confusing bitcoin cycles of all time which has left many bitcoiners in dilemma about when could really be the start of the anticipated bull run with some still questioning if we've really entered the bull run that we should be fastening our seatbelts or it's almost over and we don't even know, perhaps due to the precedent bitcoin set by reaching a new ATH before the circle. However, I am harbouring the feeling that the bull run is gonna take many by surprise, especially after many weak hodlers may have dump their hodling's out of a lack of clear vision. This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
That is true if the new ATH came even before the halving. I'm more positive that there's got to be more and a better cycle this time. And with that observation, every bull run cycle is different each time it passes.In some sense I agree with you that every bull cycle is different, but a distinctive characteristic that has always repeated after halving was a new ATH followed by an exponential price increase. The ATH, as you said, came quicker than expected, and many, myself included, are now waiting for the next big bull run and finally wear the long-awaited laser eyes. If I had to bet, third quarter of this year was my best prediction, but many others believe that it will be in the beginning of 2025.
But yes, every bull run cycle is different, and we may be surprised this time, for better or for worse. In any case, fasten your seatbelts, turbulence may be coming
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
That is true if the new ATH came even before the halving. I'm more positive that there's got to be more and a better cycle this time. And with that observation, every bull run cycle is different each time it passes.In some sense I agree with you that every bull cycle is different, but a distinctive characteristic that has always repeated after halving was a new ATH followed by an exponential price increase. The ATH, as you said, came quicker than expected, and many, myself included, are now waiting for the next big bull run and finally wear the long-awaited laser eyes. If I had to bet, third quarter of this year was my best prediction, but many others believe that it will be in the beginning of 2025.
But yes, every bull run cycle is different, and we may be surprised this time, for better or for worse. In any case, fasten your seatbelts, turbulence may be coming
That's the most exciting part: when it has reached $66k, the hopes for coming back to $70k are alive and kicking. And once we get there, the support of $70k is the better part of it while waiting for the next goal that we're all thinking and that's the 6-digit mark - the $100k. 
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
That is true if the new ATH came even before the halving. I'm more positive that there's got to be more and a better cycle this time. And with that observation, every bull run cycle is different each time it passes. 
I once thought about selling Bitcoin when the price reached $70,000, but after I thought about the opportunities that would exist, I canceled the plan.
$70,000 if observed from the price chart and compared to the current market conditions, the Bitcoin price is heading towards $70,000. Hopefully I don't look excessive even though the current Bitcoin price is $68,900.
In about 13 days, October will end. The last stop of the Bitcoin price with a support price of $70,000 will further strengthen that we will enter a bull run.
$70,000 if observed from the price chart and compared to the current market conditions, the Bitcoin price is heading towards $70,000. Hopefully I don't look excessive even though the current Bitcoin price is $68,900.
In about 13 days, October will end. The last stop of the Bitcoin price with a support price of $70,000 will further strengthen that we will enter a bull run.
I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
Well, it's clear that the road to $100K is going to be full of ups and downs but I think if we pass $70K now, and zooming out, the big climb will begin, in which as you say there will be dips and in which many minnows will be fleeced by the big players in the market.
I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
I think I agree with you on this This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
People who lack the foresight will most likely dump their Bitcoins when it gets to that price and it will most definitely cross it again
I will just consider it as a way of sieving out the true HODlers
Activate the alarm when the price is $70K it will be a Bullish signal. 
The month of October was indeed a green positive month for bitcoin although at the beginning of the month it was less interesting with the movement but now it will soon be to $70K, do not try to sell should be a strong hand.
$70K will be soon - and beyond.
The month of October was indeed a green positive month for bitcoin although at the beginning of the month it was less interesting with the movement but now it will soon be to $70K, do not try to sell should be a strong hand.
$70K will be soon - and beyond.
I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
Bitcoin has not yet gotten to $70000 not to talk of it falling back below the price. Also know that if bitcoin get to exactly $70000 or a price slightly above, there would likely be a resistance at that point. If he can overcome the resistance and stay above $70000 for some days, likely the price will become the support.
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
What you do mean as different? 
I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
This is just a hunch but I think we are starting the best part.
It could be a false alarm, however
We are coming from a sideways where we have approximated the price as now several times but at the time of the cycle we are in, if we clearly break $70K I think we start the bull run for real.
It could be a false alarm, however
We are coming from a sideways where we have approximated the price as now several times but at the time of the cycle we are in, if we clearly break $70K I think we start the bull run for real.
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