Topic: Gold is up to new ATH, silver is up, BITCOIN IS BACK BABY!!! (Read 402 times)
I am very excited for this. Bull run is really exciting. We all are waiting for it. It's finally coming. December is really a very hot month. A very good day is coming for those who hold bitcoin. This is the time to hold more. It is normal that gold and silver customers will decrease because most people prefer to invest in bitcoin
This is why it wise to invest on both assets. Precious metals specially in the form of coins, real estate and Bitcoin for long term purposes could be a very successful investment in the future. Those who bought at a cheaper price in previous years might be sipping the best wine right now.
I don't think, investors will quit Bitcoin that is about to moved to another level where investors will begin to see what they have not see since the beginning of this year just to alert their investors, what is coming soon will be massive for Bitcoin investors. Gold and silver has lose many customers to Bitcoin when the price of Bitcoin hit $69,000 last two years for long term and short term holders to used the opportunity to achieved a lot of income that gave other people mind to withdraw their money from gold and silver investment and invest the money in Bitcoin. It is no longer a news that bullish season is very close to those that prepared well to buy Bitcoin when the price was low in the market to enjoy massive reward soon.
No doubt Bitcoin, is on a massive pump road that leads to ATH destination, and with the way price is pumping it's an indication that we should expect a bountiful bull run. So to all Bitcoin believers, despite the relatively high price now, we shouldn't relent in our efforts to continue to accumulate and hold the valued asset, because it'll surely reach and go beyond $100k in bull run proper. From my observation the awareness and adoption of Bitcoin, is now on the increase because of the testament of the recent price pump, people are telling other people to invest in Bitcoin, before bull run.
As of today when I checked the price of gold & silver, they were both down quite a bit, whereas bitcoin seems to be rebounding from that little dip it took. That much I'm happy about--bitcoin going back up, that is. Hopefully that dip was just that, and bitcoin is in an upward trend. Guess we'll see, and I'm on the sidelines rooting for it like a parade watcher.
Investors' sentiment towards Bitcoin is quite optimistic following the current trends now. Bitcoin is without any doubt considered as a safe haven asset right now by investors and unlike gold and silver or every other asset every little dip right now is an opportunity for more investors to join the moving train and invest more on Bitcoin, which makes it very easy for Bitcoin to recover from any little dip effortlessly.
If Gold goes up in a crisis plus other metals like the ones in weapons its driven by fear for Wars.
I'd ask you for a source, but I'm guessing you wouldn't be able to provide one for that assertion. And who'd be looking to go to war with each other? The only conflict going on that I'm aware of is that between Russia and Ukraine, and since it started the price of precious metals has been all over the place. Copper has been pretty flat as far as I know, and that'd be one of the metals used in huge quantities for instruments of war. Meh.As of today when I checked the price of gold & silver, they were both down quite a bit, whereas bitcoin seems to be rebounding from that little dip it took. That much I'm happy about--bitcoin going back up, that is. Hopefully that dip was just that, and bitcoin is in an upward trend. Guess we'll see, and I'm on the sidelines rooting for it like a parade watcher.
I want my baby back baby back baby back!!! Chilllllllissssss babyyyyyy back ribbbbbsssssss (iconic chili's commercial) Bitcoin is back baby!!!
OH YEAH!!!!! (Koolaid man) Bitcoin is coming back and it feels so good! But not so good for those baby back B!t$#es who were too FUD bustered to HODL and buy some more.
Hang on to your butts!!! Put your seat belt on! Grab some popcorn and a drink because we have quite the show ahead of us folks!
We are headed into 2024 in less than 30 days now, headed for a new election, headed for a future that could ential WW3, the fall of USD, the rise of BTC as the new world reserve currency or a new world reserve currency? Possibly a new fabricated pandemic to try and steal more freedoms away? Good Lord I hope not! But nobody knows, and one thing is for certain:We must remain vigilant and steady! Use this time to prepare and get a stronger footing because what is coming is going to shake the entire ecosystem
Yep.. We're all heading for a Bitcoin comeback babyOH YEAH!!!!! (Koolaid man) Bitcoin is coming back and it feels so good! But not so good for those baby back B!t$#es who were too FUD bustered to HODL and buy some more.
Hang on to your butts!!! Put your seat belt on! Grab some popcorn and a drink because we have quite the show ahead of us folks!
We are headed into 2024 in less than 30 days now, headed for a new election, headed for a future that could ential WW3, the fall of USD, the rise of BTC as the new world reserve currency or a new world reserve currency? Possibly a new fabricated pandemic to try and steal more freedoms away? Good Lord I hope not! But nobody knows, and one thing is for certain:We must remain vigilant and steady! Use this time to prepare and get a stronger footing because what is coming is going to shake the entire ecosystem
The point is that when too much paper money is printed, bitcoin will continue to increase in price, all assets will also increase, houses/property, gold or physical goods. And Bitcoin is still my best investment asset at the moment, apart from being young it is also growing more consistently. Do Dca now and hold until 2025, approximately 5-6 months until halving so there is still time for accumulation. After the halving there will be a slight correction then in 2025 there will be severe bullishness and an all time high. History will repeat itself, keep buying crypto before the halving and correct after the halving.
Everyone is already prepared, 2024 will be the long-awaited year for Bitcoin to reach the highest ATH ever, but as for global adoption I think it is still early days and we are still immature.
Many expectations for the new year, which I hope will be full of pleasant surprises and will not bring us bad news, especially regarding the possibility of a third world war. I hope that world leaders will be wiser to avoid this catastrophic war.
Many expectations for the new year, which I hope will be full of pleasant surprises and will not bring us bad news, especially regarding the possibility of a third world war. I hope that world leaders will be wiser to avoid this catastrophic war.
True, It's bit different this time as I have come across so many people who have already accumulated good amount of Bitcoin to get benefitted by the post halving bull run and some of us including myself are already more than 100% returns on our capital compared to where we were earlier and as market gets more wise there is an expectation that people will not react the same way they did in the past for fluctuations we may see before the bullrun.
Bitcoin is smaller than Silver and Gold in marketcap but it will surpass Silver soon.
https://companiesmarketcap.com/assets-by-market-cap/
Marketcap of Gold, Silver and Bitcoin.
Gold: $13.440 T
Silver: $1.308 T
Bitcoin: $817.39 B
Bitcoin only needs less than x2 to surpass Silver in marketcap.
https://companiesmarketcap.com/assets-by-market-cap/
Marketcap of Gold, Silver and Bitcoin.
Gold: $13.440 T
Silver: $1.308 T
Bitcoin: $817.39 B
Bitcoin only needs less than x2 to surpass Silver in marketcap.
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I give 75 percent that we will not see the price of bitcoin above 50k. This is evidenced by the fact that we simultaneously hit the resistance level and the top of the downtrend. And I am sure that now the price will be closed between the top 45k and the bottom 15-25k and maybe even 10k. And this is normal, thanks to the fall, you can also earn money.
As for the third world War: it will not happen because humanity has realized its mistakes and such a global action will no longer happen, but only local conflicts.
On what time span we are talking about here since if we think about this $50k price to come on December month maybe we can agree to this that $50k might don't come due to some series of correction that might happen. But for next year I don't think that $50k is not possible to come since I think there's huge demand will come to bitcoin as there are so many investor would provably pour some money to invest on bitcoin and it create a massive demand due to the hype brought up by halving season.
I'm really positive about this since for so many halving season we experience we see some overwhelming growth for bitcoin that's why its not really possible to happen that we could see a new ATH for next years halving event.
World war three might not gonna happen since at current age people are civilized and they know how damaging the war is so maybe first world to third world countries maybe don't want to engage on this kind of conflict.
Everyone is already prepared, 2024 will be the long-awaited year for Bitcoin to reach the highest ATH ever, but as for global adoption I think it is still early days and we are still immature.
Many expectations for the new year, which I hope will be full of pleasant surprises and will not bring us bad news, especially regarding the possibility of a third world war. I hope that world leaders will be wiser to avoid this catastrophic war.
Many expectations for the new year, which I hope will be full of pleasant surprises and will not bring us bad news, especially regarding the possibility of a third world war. I hope that world leaders will be wiser to avoid this catastrophic war.
Even reaching $44k before the year ends gives us a glimpse of what Bitcoin's price will be like in the years to come. I also didn't expect Bitcoin to quickly get above $40k. But I still expect bitcoin purchases under $40k. So sometimes I'm a little hopeful that a correction will occur, even if only for a moment. However, if it turns out that Bitcoin continues to increase from this point then I will still be happy. And yeah, I just need to hold myself back and hold on strong until a new Ath can be created. I'm curious to what extent Bitcoin will experience an increase after the halving. It seemed like something big was indeed going to happen. And I don't want to miss any good moments at this halving. The price of gold has indeed increased and created a new Ath. But I believe bitcoin can make Ath history better. But that also means there should be a lot of money flowing into crypto in the coming years. And looking at the current Bitcoin Marketcap, it is still far from the Gold Marketcap. So it looks like the party is just getting started.
No one knows for sure the truth. We may see Bitcoin experiencing a correction throughout the end of this year so we have to be prepared for all possibilities. We already see $44k as a temporary high that Bitcoin can reach. And even though the price is currently in a correction condition, having decreased to $41,500, we still have a high probability of seeing an increase in Bitcoin prices in the next year.
This gives us more time to accumulate Bitcoin. We should be able to use it by buying more Bitcoin in this correction period. Even though we don't know whether the price will continue to experience correction and fall further, we must be able to remain patient.
No need to worry about the condition of Bitcoin. Bitcoin has had many more tests before. That only encourages investors to tighten their belts even more. They can still be patient even though the price of Bitcoin will decline again because that is their opportunity to buy more Bitcoin.
This gives us more time to accumulate Bitcoin. We should be able to use it by buying more Bitcoin in this correction period. Even though we don't know whether the price will continue to experience correction and fall further, we must be able to remain patient.
No need to worry about the condition of Bitcoin. Bitcoin has had many more tests before. That only encourages investors to tighten their belts even more. They can still be patient even though the price of Bitcoin will decline again because that is their opportunity to buy more Bitcoin.
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I give 75 percent that we will not see the price of bitcoin above 50k. This is evidenced by the fact that we simultaneously hit the resistance level and the top of the downtrend. And I am sure that now the price will be closed between the top 45k and the bottom 15-25k and maybe even 10k. And this is normal, thanks to the fall, you can also earn money.
As for the third world War: it will not happen because humanity has realized its mistakes and such a global action will no longer happen, but only local conflicts.
Personally I was waiting for the next peak from 4-year cycle. Previously we had ATHs for Bitcoin in 2013, 2017 and 2021. ATHs happen approx.12 months after the block reward halving. And this is where I am getting confused. I was hoping for the next ATH by 2025, but currently the prices are rocketing upwards. And still we have 4.5 months to go for the next halving event. Ideally it should take around 1.5 years more to get the peak. And who knows? We may witness a major correction in the next 6 months or so, which will take BTC prices back to 30k levels.
For such holders who are not rich, it is not my priority to buy gold; my priority is to pay cryptocurrency and a little bit of Bitcoin anyway. Because what is happening now is getting closer to the truth.
Maybe it's in favor of those who bought gold when its price value has not yet risen in the market, but for ordinary people, for sure they also don't care about being here in the crypto space. That's why, entering January, I also believe what others have said here: that entering 2024 is an early minor bull run that will happen.
Maybe it's in favor of those who bought gold when its price value has not yet risen in the market, but for ordinary people, for sure they also don't care about being here in the crypto space. That's why, entering January, I also believe what others have said here: that entering 2024 is an early minor bull run that will happen.
No upset news is like wishing for no germs to exist, they will and do occur but its the reaction to the bad news that defines the strength of BTC. I know alot of people have aspirations beyond 40k well its never getting there without being tested harder before hand. Its never going right up without resets, I really dont believe in that performance there are too many doubters and sellers along the way that would happen as any likely scenario.
However end of year is practically right now in big picture terms, quite a few holiday weeks possible in conjunction and apparently its common for larger trading operations to just skip the whole section and return earlier then otherwise next year. This confluence can sometimes contribute to whats presumed to be an xmas effect, certainly this part of the year seems to trade different quite often.
However end of year is practically right now in big picture terms, quite a few holiday weeks possible in conjunction and apparently its common for larger trading operations to just skip the whole section and return earlier then otherwise next year. This confluence can sometimes contribute to whats presumed to be an xmas effect, certainly this part of the year seems to trade different quite often.
though we can't be very sure about what will happen next year but sure thing, we have very positive vibes these days in the market. and more then likely, a lot are in the buying spree because of these current market sentiments.
however, you still need to be conservative with estimation of prices as it will surely affect your portfolio when you have other needs for your funds.
We have to make sure there is no FUD news until the end of the year to make sure there is no market correction below $40k, another fact they are waiting for market sentiment to buy at low prices because big investors will take profits after making 100% profit at the current price, so we have to Waiting for the market sentiment session in the last week of this month and at least throughout January next year, I think we still have the opportunity to buy at lower prices if a market correction occurs before the bullish market period. however, you still need to be conservative with estimation of prices as it will surely affect your portfolio when you have other needs for your funds.
I want my baby back baby back baby back!!! Chilllllllissssss babyyyyyy back ribbbbbsssssss (iconic chili's commercial) Bitcoin is back baby!!!
OH YEAH!!!!! (Koolaid man) Bitcoin is coming back and it feels so good! But not so good for those baby back B!t$#es who were too FUD bustered to HODL and buy some more.
Hang on to your butts!!! Put your seat belt on! Grab some popcorn and a drink because we have quite the show ahead of us folks!
We are headed into 2024 in less than 30 days now, headed for a new election, headed for a future that could ential WW3, the fall of USD, the rise of BTC as the new world reserve currency or a new world reserve currency? Possibly a new fabricated pandemic to try and steal more freedoms away? Good Lord I hope not! But nobody knows, and one thing is for certain:We must remain vigilant and steady! Use this time to prepare and get a stronger footing because what is coming is going to shake the entire ecosystem
I don't get why bitcoin's up and rising either, not that I'm not happy about it I mean it's always welcome to increase the value of my moolah, but at the same time I just can't find a reason why. I guess you could attribute a couple factors like the loosening tension between warring countries, the Hamas and Israel war still being in the thick of it which could lead to some indirect funding on both ends which crypto could facilitate, or perhaps a couple more other reasons we have no clue about. OH YEAH!!!!! (Koolaid man) Bitcoin is coming back and it feels so good! But not so good for those baby back B!t$#es who were too FUD bustered to HODL and buy some more.
Hang on to your butts!!! Put your seat belt on! Grab some popcorn and a drink because we have quite the show ahead of us folks!
We are headed into 2024 in less than 30 days now, headed for a new election, headed for a future that could ential WW3, the fall of USD, the rise of BTC as the new world reserve currency or a new world reserve currency? Possibly a new fabricated pandemic to try and steal more freedoms away? Good Lord I hope not! But nobody knows, and one thing is for certain:We must remain vigilant and steady! Use this time to prepare and get a stronger footing because what is coming is going to shake the entire ecosystem
For the meantime, I say we just sit until we see the first signs of decline. Hikes like these are flimsy in nature and I'm still positive that a correction is due, so we better prepare before it bites our asses back.
Bitcoin price pump is something that surprises me, because within few weeks, we saw a high price. This shows that next year will be a good tear for bitcoin because there will be events that will skyrocket the price because currently only the awareness that the halving and bitcoin ETF approval has pump the price to 43k+ and I think that we will be able to see 45k price by the ending of this year. U don't think that gold has ever being as bullish as bitcoin within a short period of time. It is good to see that bitcoin price will hit a new ATH because we have seen the proves from the way the price has started pumping recently.
though we can't be very sure about what will happen next year but sure thing, we have very positive vibes these days in the market. and more then likely, a lot are in the buying spree because of these current market sentiments.
however, you still need to be conservative with estimation of prices as it will surely affect your portfolio when you have other needs for your funds.
It's not a surprise as we have been talking about this for a long time. When the bear market started in 2022, we have been talking about this ever since. The market tried hard many times in the past as well but wasn't successful. But this time it did break the ice and went up. Not so sure about the whole bull market scenario. But it's a good pump. When the actual bull market starts, we will see more pumps in the market.
Maybe Bitcoin will make a new All time high. Who knows. It's all about patience. You will be surprised in many unexpected ways.
The good days are yet to come. HODL guys HODL.
Maybe Bitcoin will make a new All time high. Who knows. It's all about patience. You will be surprised in many unexpected ways.
The good days are yet to come. HODL guys HODL.
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