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Topic: Hey! it's $50k today. - page 2. (Read 1100 times)

sr. member
Activity: 924
Merit: 326
March 05, 2024, 05:00:39 AM
#94
~snip~
that is short term holding mate and i believe 4 months is not that enough when we are calling for long term HOLDING .
there are many of us here that have HODL for year or more and this is the reason why I am selling to taste the fruit of my holding.
Holders who hold for more than one year are different from holders who hold for only a few months. This means that the results will not be the same as those obtained. The difference lies in the purchase price and when they sell some of the Bitcoin they have, the profits they get are also different even if the holder who holds it for a short time buys a large amount at once.

Quote
but of course I leave big percent of my funds inside my holding.
Good. That's not bad if you still leave some as savings to enjoy it when the Bitcoin price reaches higher than the previous ATH price.
It would be bad if you choose the wrong storage.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
March 05, 2024, 02:41:44 AM
#93
Unexpected price increase. It's worth it for me to say who told Bitcoin to rise to $9,000, almost $10,000 if calculated from $55,000 or $56,000 in a matter of hours, even famous people who often appear on international television shows like Jim Cramer couldn't stop it.
ATH is just around the corner. Congratulations to the holders.
It is hoped that an exciting February can apply to the same atmosphere in March.
Have just tasted the fruit now mate as I have taken my profit for months of holding(actually just sold small amount of my total holding now) so I have something to spend for this celebration , did not expect that bitcoin will rose up to 60k this early ,i thought we will be enough for 50k and now here we are having the best days after 2023 bad year.
For months holding it is still the standard because many people choose to stay like that so they should be grateful for the price increase which in some countries has felt like an ATH in Bitcoin prices with each country's currency exchange rate.
Even though there is still some that you hold, hold on to it until the Bitcoin price passes the previous ATH which occurred about 2 years ago.
This post is short, but I think it is very meaningful.
that is short term holding mate and i believe 4 months is not that enough when we are calling for long term HOLDING .
there are many of us here that have HODL for year or more and this is the reason why I am selling to taste the fruit of my holding.
but of course I leave big percent of my funds inside my holding.
sr. member
Activity: 2618
Merit: 439
March 05, 2024, 01:01:25 AM
#92
Looks like the poll should be stopped because it is biased answer or votes that we can gather knowing that bitcoin have already crossed 61k and still getting higher each time now.

I did not cast my vote because of unfair result but what I wanted to say is that I am positive that Bitcoin will continue crossing 65k anytime sooner.

The next halving is soon to come if we continue this growth then we are breaking another record of gaining while before halve?
The Bitcoin market has shown a clear sign of a positive outlook and not stopping anytime soon because even when the price tried to break below $60k severally it has rebound back amd it price is targeting 70k already and if this continues, we may see a non stop uprising market up until before bitcoin halves, although what we are seeing right now is as a result of bitcoin ETF where they're been alot of buy other much more that sell and the traders are in most bullish spirit because no one want to sell below the current price before the halves and if the price continued to sustain the current level it may keep at this and not going below even if it doesn't break the record ATH.
I think that is the ETF that makes this market flowing this high .

now that bitcoin almost broken ATH(because it falls before it take the price) I believe that we will be seeing 70k finally in the next coming days as there are a small correction just happening now.
legendary
Activity: 3472
Merit: 10611
March 02, 2024, 07:48:40 AM
#91
The momentum is definitely there for higher prices including $80k and based on previous movements over the past decade we know that whenever major resistances SPECIALLY previous ATH prices are broken (ie. $70k) the momentum grows even bigger in a short time after.

For example in the previous full cycle (ie. 2017) the previous ATH of that time used to be $1200 ish, when it was broken on March 2017, there was a panic sell that didn't last that long. In less than 2 months price had gone up 100% to $2400 (early May).

We are in March 2024 now! If we see the previous ATH broken at $70k and the same pattern repeats price should be $140k by May Wink
sr. member
Activity: 1624
Merit: 341
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March 02, 2024, 05:15:00 AM
#90
In my opinion, the potential for bitcoin price increases will continue, especially since the bitcoin price is currently trading in the $62k-$63k range. It seems unlikely that bitcoin price will drop below $50k at least before the halving occurs. Because I believe the potential increase in bitcoin prices this year will at least reach $80k which is the new ATH level. Therefore, HOLD will always win.

It is very possible for BTC to reach $80k and I think that is reasonable for now, but if demand continues to come from both individuals and institutions in particular, then the price pressure will increase accordingly, but the worry is the birth. the issue of negative sentiment amidst enthusiasm will make investors think again.

What is certain is that as an investor, anyone must really understand which part we will take so that in the future we get maximum returns and minimal risks. Holding on to BTC might be very appropriate and it is common knowledge, in my opinion, it's just that our ability to survive is always a mystery because human nature can change at any time, this is what makes our investments always fluctuate and inconsistent.
sr. member
Activity: 959
Merit: 278
Vave.com - Crypto Casino
March 02, 2024, 03:15:17 AM
#89
In my opinion, the potential for bitcoin price increases will continue, especially since the bitcoin price is currently trading in the $62k-$63k range. It seems unlikely that bitcoin price will drop below $50k at least before the halving occurs. Because I believe the potential increase in bitcoin prices this year will at least reach $80k which is the new ATH level. Therefore, HOLD will always win.
sr. member
Activity: 2436
Merit: 267
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March 02, 2024, 01:55:23 AM
#88
It is very likely that there will be a new Ath after the post-halving occurs, and this could be a new history of the revival of Bitcoin prices experiencing quite a sharp increase again.  After that the price movement is considered stable after a sharp increase in the next few months, futures trading activity will increase due to the enthusiasm of people who are tempted to make profits by taking advantage of the existing situation.
Almost touched $64K, but it couldn't materialize. Instead it fell to $61K, and it looks like the movement will continue in that price range.
If this happens, it can reach $64K, then it is possible that the ATH in 2021 will be surpassed because the current trend in Bitcoin is clearly eager to continue to increase. I think the increase will be very sharp and will be possible later after the halving period has passed. This alone before the halving period is already a surprise.
But you have to keep in mind that usually after the start of the halving period there will be a correction first. Will that actually happen? Or is it actually continuing to increase!!! Everyone will, of course, take advantage of something like this, but those who have already invested, of cours
sr. member
Activity: 672
Merit: 321
I like to treat everyone as a friend 🔹
March 01, 2024, 08:19:19 PM
#87
We have seen the Bitcoin market grow rapidly overnight, and its value will reach a peak of $64,000 in 2024. Although the market has changed a lot since the beginning of the year, we can expect Bitcoin to rise even higher in the coming days. Bitcoin price is still fluctuating between $62k dollars according to the current market and will pump more soon. And I think the market will be more bullish next month because the bitcoin halving is very close, which is why the bitcoin market has become so much like a bull run. And next month of course I think Bitcoin price will go higher and touch $70,000.
full member
Activity: 1442
Merit: 108
March 01, 2024, 07:03:58 PM
#86
yes I can see the impact of the ETF approval, even now BTC price is at $62k. ETFs are approved and the halving is getting closer making the positive trend even stronger. I think for now there is little chance of a correction because this positive trend will continue until the halving.
STT
legendary
Activity: 4102
Merit: 1454
March 01, 2024, 06:45:21 PM
#85
Flag on the daily bars now which is bullish, apprehension would be fair if we trade below 61111 and fail to recover that level.   A break of the flag to the downside would open up negative perspective but until that point stay bullish is fair game at this point in time.    BTC remains bullish on multiple time frames which means betting against it is still the most painful course in the majority of cases, we can definitely pullback but when its been so positive its best not to stand in the way and risk getting trampled.
 
I was still thinking of 58k as possible but its failed to push back that far, yesterday came to 60k nearly but not quite and its only registered a higher low or step higher in retrospect.  We have to take the BTC price action as positive and continuing to act in that way till proven otherwise.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
March 01, 2024, 05:54:05 PM
#84
Yeah, that bounce back was kind of nuts after the ETF thing.  I don't think anyone saw that major recovery coming so fast.  Now folks are absolutely freaking trying desperately to grab the next wave up before we blast past 100k and they miss their chance.  

But check this - this insane climb has been mad vertical without any real chance to catch our breath. and  Sure, all these ETFs buying in creates a ton of demand, pushing the price up.  Still, when you spike too quick like this you know a correction ain't far behind.
Now nobody wants to miss the next $100k target, thereby increasing the buying pressure in the crypto market. When Bitcoin reached 64k a few days ago, there was so much traffic coinbase crashed due to heavy traffic., and because of coinbase crash, Bitcoin also made a correction very quickly and is now at 62k level. This means that there is still a lot of potential in the market to achieve a new ATH quickly as demand increases, with big players entering the market that will push Bitcoin far ahead. I hope to see Bitcoin reach that $100k target soon, everyone's dream come true.
full member
Activity: 1008
Merit: 139
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March 01, 2024, 02:46:02 PM
#83

Well, you know how it goes in crypto - it's always a wild ride! I'll admit, when everyone starts freaking out about the latest peak or predicting we'll hit the moon, sometimes it feels like folks forget about that whole buy the dip thing.  Sure the drops can be scary, but hey, maybe theyre just chances to get better prices, right?  

Anyway as for Bitcoin hitting 100k - who's to say? Could happen faster than any of us expect, or it might take some time.  Just need to try and enjoy the journey, and not get too hypnotized by the hype trains.
The way Bitcoin is currently in an uptrend in the market was unexpected by many traders, as a result of which many are now expecting more uptrends. The way bitcoin recovered from the dump after the ETF approval and started a massive bull run, so that now when bitcoin goes to $100k it will be surprisingly before normal traders realize anything. Bitcoin is now in a range where Bitcoin can go in any direction from here.

However, the way ETFs are buying Bitcoin so that the huge demand for Bitcoin in the market has increased more than the supply, so the uptrend of Bitcoin can be expected, but a correction is also expected because such a large uptrend has been without any kind of correction.

Yeah, that bounce back was kind of nuts after the ETF thing.  I don't think anyone saw that major recovery coming so fast.  Now folks are absolutely freaking trying desperately to grab the next wave up before we blast past 100k and they miss their chance. 

But check this - this insane climb has been mad vertical without any real chance to catch our breath. and  Sure, all these ETFs buying in creates a ton of demand, pushing the price up.  Still, when you spike too quick like this you know a correction ain't far behind.
sr. member
Activity: 924
Merit: 326
March 01, 2024, 02:21:20 PM
#82
Unexpected price increase. It's worth it for me to say who told Bitcoin to rise to $9,000, almost $10,000 if calculated from $55,000 or $56,000 in a matter of hours, even famous people who often appear on international television shows like Jim Cramer couldn't stop it.
ATH is just around the corner. Congratulations to the holders.
It is hoped that an exciting February can apply to the same atmosphere in March.

Basically, the big increase at the end of February was anticipated by many people. It's just that some of us are not very optimistic about the $60k to $64k touched yesterday. Now many people seem optimistic when they know that the $69k figure is getting closer and this looks very real if this positive trend persists until mid-March.
You mean they already know that at the end of February there will be a big increase. If true, they are very good at reading opportunities. I don't think everyone has the view to anticipate that there will be a big increase at the end of February except for a few or a small number who still think about the possibility.

Being able to stay at $60k in March before the halving is already very great in my opinion for the market. After the halving there was another high rise, which I think most investors were expecting.
The price increase that occurred at the end of February was perhaps beyond many people's predictions, so some of them were not ready, so by maintaining the price of $60k in March, they can prepare themselves to welcome the price that will pass the previous ATH, even though market price rises and falls, there is no such thing as announcement.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
March 01, 2024, 11:59:57 AM
#81

Well, you know how it goes in crypto - it's always a wild ride! I'll admit, when everyone starts freaking out about the latest peak or predicting we'll hit the moon, sometimes it feels like folks forget about that whole buy the dip thing.  Sure the drops can be scary, but hey, maybe theyre just chances to get better prices, right?  

Anyway as for Bitcoin hitting 100k - who's to say? Could happen faster than any of us expect, or it might take some time.  Just need to try and enjoy the journey, and not get too hypnotized by the hype trains.
The way Bitcoin is currently in an uptrend in the market was unexpected by many traders, as a result of which many are now expecting more uptrends. The way bitcoin recovered from the dump after the ETF approval and started a massive bull run, so that now when bitcoin goes to $100k it will be surprisingly before normal traders realize anything. Bitcoin is now in a range where Bitcoin can go in any direction from here.

However, the way ETFs are buying Bitcoin so that the huge demand for Bitcoin in the market has increased more than the supply, so the uptrend of Bitcoin can be expected, but a correction is also expected because such a large uptrend has been without any kind of correction.
full member
Activity: 476
Merit: 141
March 01, 2024, 04:13:59 AM
#80
Hey Stop! 🛑

Look around, it is $50,000


Can you now see the effect of the ETF approval?

What do you think...
  • An upwards trend from $50k
  • An downwards movement from here

Bitcoin price touched $64k on February 29, 2024. The price of Bitcoin is increasing so much that investors are currently buying massive amounts of Bitcoin. In just one month, the price of Bitcoin has increased by the most, setting a new record for two years. Bitcoin price peaked at $69,000 in 2021. And 2022 surpasses 2023 and in 2024 Bitcoin price touches the highest price of 64k. A bull market awaits for Bitcoin in 2025 and will set new records again.
hero member
Activity: 1106
Merit: 526
Leading Crypto Sports Betting & Casino Platform
February 29, 2024, 04:00:06 PM
#79
Looks like the poll should be stopped because it is biased answer or votes that we can gather knowing that bitcoin have already crossed 61k and still getting higher each time now.

I did not cast my vote because of unfair result but what I wanted to say is that I am positive that Bitcoin will continue crossing 65k anytime sooner.

The next halving is soon to come if we continue this growth then we are breaking another record of gaining while before halve?
The Bitcoin market has shown a clear sign of a positive outlook and not stopping anytime soon because even when the price tried to break below $60k severally it has rebound back amd it price is targeting 70k already and if this continues, we may see a non stop uprising market up until before bitcoin halves, although what we are seeing right now is as a result of bitcoin ETF where they're been alot of buy other much more that sell and the traders are in most bullish spirit because no one want to sell below the current price before the halves and if the price continued to sustain the current level it may keep at this and not going below even if it doesn't break the record ATH.
legendary
Activity: 2618
Merit: 1181
February 29, 2024, 02:33:55 PM
#78
Unexpected price increase. It's worth it for me to say who told Bitcoin to rise to $9,000, almost $10,000 if calculated from $55,000 or $56,000 in a matter of hours, even famous people who often appear on international television shows like Jim Cramer couldn't stop it.
ATH is just around the corner. Congratulations to the holders.
It is hoped that an exciting February can apply to the same atmosphere in March.

Basically, the big increase at the end of February was anticipated by many people. It's just that some of us are not very optimistic about the $60k to $64k touched yesterday. Now many people seem optimistic when they know that the $69k figure is getting closer and this looks very real if this positive trend persists until mid-March.

Of course, this is a happy end of February for all holders, as well as for day traders who have been raking in the fast during the bull run. For now $64k is resistance that will hold for some time from now, but if $64k is broken then we will get a new ATH this year.
STT
legendary
Activity: 4102
Merit: 1454
February 29, 2024, 01:57:08 PM
#77
If price backs off to the 50k prices by tonight close I win a small bet.  That would match volatility true with hyped bubbling prices, very prone to boil over and spoil some.  Not that this has to be any top Im stating the very obvious its unstable when its gaining this much so fast.

We have lost the 12hr average, just in my experience thats the balance for a days positivity in trading and some people will be selling at that point not trying to fight the fall or unable due to leverage etc.   The price action right now has pulled back to a 2 day average roughly which is still very high.    Lets see how it reacts to 60k, the target downside I have is a fibonnaci level at 58k and that I would expect to provide some relief and positivity, possibly turn us around in any fall.  Its all fair game, fast up maybe fast down is always possible.
sr. member
Activity: 924
Merit: 326
February 29, 2024, 12:30:43 PM
#76
Unexpected price increase. It's worth it for me to say who told Bitcoin to rise to $9,000, almost $10,000 if calculated from $55,000 or $56,000 in a matter of hours, even famous people who often appear on international television shows like Jim Cramer couldn't stop it.
ATH is just around the corner. Congratulations to the holders.
It is hoped that an exciting February can apply to the same atmosphere in March.
Have just tasted the fruit now mate as I have taken my profit for months of holding(actually just sold small amount of my total holding now) so I have something to spend for this celebration , did not expect that bitcoin will rose up to 60k this early ,i thought we will be enough for 50k and now here we are having the best days after 2023 bad year.
For months holding it is still the standard because many people choose to stay like that so they should be grateful for the price increase which in some countries has felt like an ATH in Bitcoin prices with each country's currency exchange rate.
Even though there is still some that you hold, hold on to it until the Bitcoin price passes the previous ATH which occurred about 2 years ago.
This post is short, but I think it is very meaningful.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
February 28, 2024, 10:32:35 PM
#75
Unexpected price increase. It's worth it for me to say who told Bitcoin to rise to $9,000, almost $10,000 if calculated from $55,000 or $56,000 in a matter of hours, even famous people who often appear on international television shows like Jim Cramer couldn't stop it.
ATH is just around the corner. Congratulations to the holders.
It is hoped that an exciting February can apply to the same atmosphere in March.
Have just tasted the fruit now mate as I have taken my profit for months of holding(actually just sold small amount of my total holding now) so I have something to spend for this celebration , did not expect that bitcoin will rose up to 60k this early ,i thought we will be enough for 50k and now here we are having the best days after 2023 bad year.
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