Topic: Hey! it's $50k today. (Read 1100 times)

Can anyone accurately predict what Bitcoin will cost?How much will bitcoin cost? It is a simple question that is in the heart of all of us but it is impossible for everyone to know the correct answer to this question.

We have seen a lot of ups and downs in the Bitcoin market over the past few days, with Bitcoin prices rising and Bitcoin prices falling from there. A few days ago, the price of Bitcoin dropped to 57 thousand dollars and from there the price of Bitcoin increased to 66 thousand dollars. You say the bullrun season will start in the market on Bitcoin halving. It's been almost a month since the Bitcoin halving was completed and yet we haven't seen any upward trend in the market.

It is certain that the price of Bitcoin will cross $100K in the next Bullrun. Since the bitcoin price hit a record high without the halving taking place, the bitcoin ETF was approved. So there is a lot of good news this year and the bull market after the bitcoin halving so I think the price of bitcoin will definitely go up to $150k.

It's good to see this kind of old thread, it's not that old but still when we look at the current price, somewhat we see how time flies as we are not in the $67k after we have established new all time high.

Nevertheless, it's a long way to go, after $50k as the title of the OP, we might be looking next at $80k then $100k. We could achieved it this year though and then next year the final bull run that we are expecting and most likely $120k or higher target.

If I were you guys, I would leave ETF out of this, do you know why? This is because the effect of the ETF has been well-priced by the market, there is noting more to expect of it, at least for now. You can see the turn of events before the ETF approval. I expect that so much because the market often reacts better to some new events like that, especially if it is just a rumour and expectation with no sure decision/happening. This was why I never expected much immediately after the ETF approval, and truly, Bitcoin tried to buy but sold later for it. Afterwards, it moved down to about $11,000 lower, which is a good action for correction but afterwards again launched a massive bullish movement that saw it hitting the current ATH of about $73,850. After then, Bitcoin has slipped into silence ever since which I would like everyone to respect for now.

The talk now should be a post-halving effect as usual, even as the ETF progress has been so slow on its own, so why relating to it again? Going forward, though I am so sceptical about the future of Bitcoin, yet I know that it is still promising to move higher over time. If the post-halving effect is put into consideration, then I think that Bitcoin will rise even as it will protect the $50,000 psychological level no matter what happens now unless it slips back to another major phase of a bearish trend.

It cannot be denied that the ETF effect has led Bitcoin to experience a very significant price increase until it reached a new ATH level, although after the Halving occurred, Bitcoin experienced a correction like now where Bitcoin experienced a decline after reaching a new ATH. But rest assured that this decline is only temporary, and I am optimistic that Bitcoin will bounce back to continue increasing until it prints a new ATH level again.

Bitcoin is back at $63,000 dumping the market from ATH highs. It is very likely that Bitcoin may fall back to $50000. The Bitcoin market may not reach its peak again before the Bitcoin Halving.

The ETF was approved and the halving caused the price of bitcoin to rise drastically as it is today.
when the price of bitcoin hits $50k I am sure that this positive trend will continue. and it turns out to be true, even now bitcoin has reached a new ATH. calm down and hold because the halving will start soon and BTC will reach a much higher ATH.

Of course, currently all investors have earned returns even if they bought at the previous ATH price in 2021. The price has surpassed the ATH and is trading at $73k today, so of course all investors are happy about it. $100k becomes a very attainable hope during the upcoming bullish period, especially after the halving.

There are high hopes to see an ATH higher than $100k after the halving and I am sure it will happen. High demand and increasing FOMO will make the price of bitcoin even more expensive, as will its volatility. I hope you have set a target for when to take profit from your investment, it is a must.

Bitcoin has surprised the whole market this time. Everyone, including myself, was expecting the price to drop back to the $40k region after it went above $50k before the halving was pretty far at that moment, some people were optimistic and hoping that it might go around the previous all-time high even before the halving but since that doesn't usually happen, we were expecting the opposite.
Despite all that, look at where it stands today, at a new all-time high that keeps getting higher each passing day and we are still about a month away from the halving event, I wonder what will be the highest price of Bitcoin by the time the halving occurs.

I don't think anyone really expected that those ETFs would get so popular that fast. Of course, there were some people expecting "god candles" straight after SEC's announcement, but most level-headed investors didn't expect any fireworks. Personally I thought that there will be a lot of demand for such ETFs but expected that to grow slowly over a longer period of time. This is indeed a game changer for Bitcoin and the question is how will the price behave from now, especially post-halving. I think the expected cyclical price movement will get distorted.

The title need to edit now and make it Hey its $73k now lol .

Now its proven that this is about the approval of ETF that is taking place in the market behavior , changing its way from what we had in the past years , as now even before halving the price broke ATH .

I remember voting Yes when you created this thread and now it is indeed winning the poll .

If you look at recent market performance, it seems that predicting the price of Bitcoin will reach $100k is very possible. Moreover, the price of bitcoin is currently trading in the range of $72k-$73k. Investors who bought during the bearish season are now very happy because they have been able to get huge profits from the results of their efforts so far.

You are slightly wrong.When the Bitcoin price reached $48,000 after the approval of the Bitcoin ETF many speculated that the price of Bitcoin might touch an all-time high. But from there to everyone's disappointment Bitcoin started to fall again but from there, Bitcoin surprised everyone and increased a lot especially from February 2024.Yesterday we saw the price of Bitcoin hit a high of $69,000 which may have been the highest price Bitcoin has ever seen.

In bullish season maybe we can predict bitcoin price will be above 100k dollar. Investors who patiently invested in Bitcoin during the bearish season are having a successful day and may be more successful during the bullish season.

The ETF approval is really turning the price of Bitcoin positively in this season, because many thought that the price will not reach $50,000 in this year but you can see that the price of Bitcoin has increased higher above $63,000 for those that are ready to sell will use the opportunity wisely to achieve income. Since the bullish season started on time in this year, I think halving is no longer far from investors and it will be profitable if investors can prepare for the season to appear soon. I can still remember that investors witness $69,000 last two years before the market turned to bearish season, I think, the price will reach $80,000 before the market will begin to turn to bullish season.

I was actually shocked when I saw this post it got me pissed off seriously I never in any way expects something like this to happen but it's well because that is the business for you either you gain or loss a little or you might has a huge loss with little profit but in Which ever way let's learn to control our emotions.....

Here is market bitcoin is actually a coin that is placed in a market place for sell and buy so something like that is likely to happen and that doesn't mean that it has totally lost all its value......

Please let's be guided because I know bitcoin never got down till 50k never did it happened today let's be careful with our fake news /update though


Thanks 🙏👍

I don't think we went as low as $58k today, at least not yet.
According to coingecko, the lowest today was $60.8k, but the data could be different depending on the source and methodology.
Anyhow, this topic is a great example of how weird and unstable investors' emotions can get. OP has started it less than a month ago and everyone was happy and excited that we crossed the $50k mark, and now, when bitcoin is over $60k - a lot of people get sad and miserable.

Well I think the market just took a wild twist again as the price has dropped drastically to almost 58k and that's just how volatile Bitcoin and crypto is. The worse thing About these significant drop is that it's causes alot of fear among investor who taught that were gathering the moral to start buying because the drop in price will scare them to sell off immediately but if am to get something right this drop is good because it's not yet the halving and it was definitely expected for Bitcoin to drop back again untill we finally see the massive bull take off.

I have thought that there are many ways to operate, for some they have to get the idea that it will not happen, but I am sure that the price of bitcoin will exceed the current price, because what is done most is to have the conviction that bitcoin does not It is like any other altcoin, which rises once and not another time, so seeing that these things can be possible, why refuse to be so? This is one of the things that sometimes we don't see.

I have been in the market for a long time Seeing how it works, many say that in 2025 the price will rise more, so these are only warnings so that you can say : "Buy Bitcoin" but the majority of people react is when bitcoin is rising. So if you are looking for the money to buy 1 bitcoin, because you don't want to miss the move , and it is too late to do the reverse search, which will cost you less than 80 thousand dollars, but you have to be cautious and buy now everything that is available. can, so that the Profits are greater.

Looking at recent market performance, it does not rule out the possibility that the price of Bitcoin will reach above $80k, especially now that the price of bitcoin has reached above $67k, which is already past the previous ATH record. And regarding the issue of negative sentiment, it is something that often happens and usually experienced investors are not too affected by negative issues because perhaps it is one of the strategies of FUD.

So close and yet so far.
I just had a peak on coinmarket cap, the highest we've been in the last 24h is $68,770, that's only $16 away from breaking the 2021 ATH. We dropped 3.5% from there, but I'm not losing hopes just yet, the volume is still there so it's still very possible that we'll break it in the next 24 or 48 hours.
I wonder what the price action will be until the halving and past that. We'll we see a correction or will we keep going up? Due to the whole ETF thing, we've already departed from the cyclical movement and now we're in an uncharted territory.