Hey! it's $50k today. - page 4. | Bitcointalksearch.org

Yaunfitda

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Quote from: tabas on February 13, 2024, 01:24:22 PM

Quote from: _BlackStar on February 12, 2024, 05:36:39 PM

Quote from: tabas on February 12, 2024, 05:11:56 PM

Quote from: KingsDen on February 12, 2024, 12:50:46 PM

-snip-

The majority of the analysis that I am seeing tells that it is going to be followed by a dump. Yeah, this is quite too early to see before the halving but once this breaks the confidence of those analyses, as usual, Bitcoin is always unpredictable and that's what people must predict and expect from it. So, if there are analyses that tell that before or after the halving it is going down. That's okay but the result still depends on the demand and how it is coping up with the adoptions like the actual volume that it is getting from the Bitcoin ETF spot. And don't be surprised everyone when fees go higher as well.

I'm not sure why they made such an analysis - but in their hearts they probably expected the price to rise to the moon. It's hard to guess where it will actually go once $50K is hit - personally I expect $55K higher to be reached before the halving although there will be some minor corrections.

Well - finally $50K is a reality again after last being touched in late December 2021.

It's been 2 years since we've seen that price and again it has been followed up by a dump and that's normal. $48k then $49k, and for sure that is going to be back to $50k lines and more again. Those analyses that they've made, I think they're normal and they've got their own basis base on how they read the market. If it's not for these moves and some news that had been caused of it or the actuality of the effect of the ETF, we're not going to see it quite early this time. But then, we still have ample time before the halving and what's next for its main effect that might be seen after several months.

I check the price and currently it's in the lows of $49k, maybe there's a dump already, but at least it's not that huge. But we will see, most of the time as per experience, if we see this kind of whole numbers, investors then to sell and make profits. We can understand that, that's how everyone makes money, but perhaps there will be no big retracement just like what we previously seen from $45k-$39k. So exciting times ahead specially for newbies to see the big $50k. This is just the beginning though, this whole bull cycle, we might see a x2 or x3 or that current price so just HODL and continue to buy is the better strategy than selling.

philipma1957

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Quote from: goaldigger on February 12, 2024, 04:34:12 PM

This is what we are talking about, a pump that is closer to its peak.
Now, the question is can you still buy at this level or you will take profit now and buy more once the market corrects. Be careful with the trend for now and wait for other signal before you make decisions, know that the market will always have its own correction, though if Bitcoin can sustain its momentum in this level then we might see more pumps this month.

Maybe you are correct. We go flat and down. I can tell you from the mining viewpoint times are treacherous.

A miner will need 8 cents a th and six cent power to be in a good spot.

So right now we are at 8.6 cents a th. But it will drop to 7.9 cents due to the rise in difficulty this will happen in 2 days.

With the 1/2 ing coming very soon 8 cents a th turns into 4 cents a th. This makes all gear shit at six power. Unless you have s21 gear which will have a 1500 day roi if it comes after the 1/2 ing.

So miners are really looking to see 60k by march and close to 70k by April 1.

BTW numbers like that before the 1/2 rings tend to not happen. Traditionally miners have a 2-3 month hard times period right at the 1/2 ing.

Should be fun to see this as this time most mining is large farms by large companies. the small guy is out of this market.

and the answer to your pool is done as we fell to 48.6k since you asked the question.

GeorgeJohn

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Quote from: Dailyscript on February 13, 2024, 01:36:11 PM

Quote from: Nwada001 on February 12, 2024, 12:57:03 PM

It has touched $50k twice today and dropped, and the highest of it as of today, which I witnessed, was at $50,300, and this is just contrary to Hhampuz prediction on the wall observer. I never expected it to happen this quickly.

We might likely see it reach $51-$55k before the price starts correcting again. We have seen a lot of this quick movement before, so I don't think I should be too excited over this one. A bull run is around the corner, but I don't think this can lead us to that without the price dropping back down a little.

You may not seem to be excited about bitcoin reaching $50k maybe because of your financial level and the amount of bitcoin you have accumulated. You need it to go higher before you can be happy about it. But for a pleb like me who has invested in the little income i get every month, i am super excited that the price hits $50k which i have been expecting for quite some time. Although the reason why i am excited is because seeing it reach this price in the first quarter of 2024 gives me much assurance that it will reach an all-time high before or by the end of the year, it is very certain. For someone like me, I have developed more confidence that I can invest more in buying bitcoin.

On the other hand, there is no certainty that the price will rise to an all time high without going below the $50k. I expect to see some movements during this month and some consolation without exceeding $53k until the end of the month.

actually it is obvious that whoever that I have or that have accumulated Bitcoin will it be excited as the price of Bitcoin hit fifty thousand [50k] why those people who have a lesser bitcoin in their wallet, will not be excited because of the value of bitcoin they have and depending the time they bought the Bitcoin, so people that will be of high benefit for the increment of Bitcoin is people who protects 2 years ago and the whole have surplus Bitcoin in their wallet it is now that there have a benefit because bitcoin might increase more than this particular value and it can also fall at any point in time.

Dailyscript

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Quote from: Nwada001 on February 12, 2024, 12:57:03 PM

It has touched $50k twice today and dropped, and the highest of it as of today, which I witnessed, was at $50,300, and this is just contrary to Hhampuz prediction on the wall observer. I never expected it to happen this quickly.

We might likely see it reach $51-$55k before the price starts correcting again. We have seen a lot of this quick movement before, so I don't think I should be too excited over this one. A bull run is around the corner, but I don't think this can lead us to that without the price dropping back down a little.

You may not seem to be excited about bitcoin reaching $50k maybe because of your financial level and the amount of bitcoin you have accumulated. You need it to go higher before you can be happy about it. But for a pleb like me who has invested in the little income i get every month, i am super excited that the price hits $50k which i have been expecting for quite some time. Although the reason why i am excited is because seeing it reach this price in the first quarter of 2024 gives me much assurance that it will reach an all-time high before or by the end of the year, it is very certain. For someone like me, I have developed more confidence that I can invest more in buying bitcoin.

On the other hand, there is no certainty that the price will rise to an all time high without going below the $50k. I expect to see some movements during this month and some consolation without exceeding $53k until the end of the month.

Doan9269

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Quote from: KingsDen on February 12, 2024, 12:50:46 PM

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 has just been amazing this days with its recent market performance, attaining the $50,000 is what we never expected to come this fast, the market has been more volatile and then for the benefits of those that hodl, they are going to make the very nice beginning to the entry to their own season of bullrun after the halving, so i will rather say that this is just a little taste of the bite on how the bullrun is going to look like when we are all into it fully, so if you're not holding, i don't know what you're still waiting for.

tabas

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Quote from: _BlackStar on February 12, 2024, 05:36:39 PM

Quote from: tabas on February 12, 2024, 05:11:56 PM

Quote from: KingsDen on February 12, 2024, 12:50:46 PM

-snip-

The majority of the analysis that I am seeing tells that it is going to be followed by a dump. Yeah, this is quite too early to see before the halving but once this breaks the confidence of those analyses, as usual, Bitcoin is always unpredictable and that's what people must predict and expect from it. So, if there are analyses that tell that before or after the halving it is going down. That's okay but the result still depends on the demand and how it is coping up with the adoptions like the actual volume that it is getting from the Bitcoin ETF spot. And don't be surprised everyone when fees go higher as well.

I'm not sure why they made such an analysis - but in their hearts they probably expected the price to rise to the moon. It's hard to guess where it will actually go once $50K is hit - personally I expect $55K higher to be reached before the halving although there will be some minor corrections.

Well - finally $50K is a reality again after last being touched in late December 2021.

It's been 2 years since we've seen that price and again it has been followed up by a dump and that's normal. $48k then $49k, and for sure that is going to be back to $50k lines and more again. Those analyses that they've made, I think they're normal and they've got their own basis base on how they read the market. If it's not for these moves and some news that had been caused of it or the actuality of the effect of the ETF, we're not going to see it quite early this time. But then, we still have ample time before the halving and what's next for its main effect that might be seen after several months.

skarais

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Quote from: philipma1957 on February 13, 2024, 11:25:02 AM

well we did drop back pretty hard 50.4k is now only 48.6k

The lowest price in the last hour was $48,300, but of course that was a bit of a disappointment. Panic is inevitable, perhaps because there are still many people who think that getting returns today is much better than holding longer.

Quote from: philipma1957 on February 13, 2024, 11:25:02 AM

We are kind of bullish. But real bull would be 85k after the ½ ing.

I agree with you, price will go higher after halving. If bitcoin reaches a price of $55k before the halving, then it is very likely that the price will not be able to survive for long without major selling pressure. Recovery efforts are underway, but will likely fail due to high selling pressure.

GeorgeJohn

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Lagos not be highly excited because of the increment on Bitcoin in reaching fifty thousand [50k] because there is every tendency that the price of Bitcoin might be retrace to another point so it is an advantages to who so ever that is intention investment and also for people who invested when the price was low so there are the people that is in benefit right now.

It is obvious that you may get tomorrow and the price of Bitcoin reduce to thirty thousand [30k] within some space of time because in cryptocurrency network it is obvious that they prices always fluctuates celebrating the price of Bitcoin reaching to this point I think is somehow not worth it because the current price of Bitcoin has never been strong as usual

philipma1957

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well we did drop back pretty hard 50.4k is now only 48.6k

We are kind of bullish. But real bull would be 85k after the ½ ing.

YUriy1991

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Quote from: ivankoh on February 13, 2024, 10:08:09 AM

I am also optimistic with this scenario, perhaps February is still a bullish launch picture, the 50k threshold has been reached and the next could be 55k-60k, but its sustainability comes before the April halving I suspect there will be a correction in March. Then repeat the bullish sideway scenario and increase the price. I think the macro bullrun will only start when bitcoin surpasses its allh at $69k. Who knew it would be the end of this year?

Very true and very relevant as you mean above where the price will increase as demand increases and so will the value of BTC flows and at least BTC has proven its performance after the last drop to the world and hopefully reach 100K by the end of this year too.

ivankoh

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Quote from: Don Pedro Dinero on February 13, 2024, 09:56:36 AM

Quote from: nimogsm on February 13, 2024, 09:49:40 AM

The expected correction has already begun and the price is already 49k, but this does not greatly affect the general mood of traders. What is more important is that the price of 50k was successfully tested and there was an understanding that this is possible this season and this is a good result before the halving. If the same positive dynamics continue, the price may be even higher, which will be very beneficial for those who did not sell during the price correction.

I very much doubt that the price will go above $60,000 before halving. Normally before halvings and after a bear market there is a rise but nowhere near the previous ath, which seems to be what is happening. From after the halving onwards we can have more illusions about the break of ath and how far the price can go in the cycle. Until then I expect ups and downs.

I am also optimistic with this scenario, perhaps February is still a bullish launch picture, the 50k threshold has been reached and the next could be 55k-60k, but its sustainability comes before the April halving I suspect there will be a correction in March. Then repeat the bullish sideway scenario and increase the price. I think the macro bullrun will only start when bitcoin surpasses its allh at $69k. Who knew it would be the end of this year?

Don Pedro Dinero

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Quote from: nimogsm on February 13, 2024, 09:49:40 AM

The expected correction has already begun and the price is already 49k, but this does not greatly affect the general mood of traders. What is more important is that the price of 50k was successfully tested and there was an understanding that this is possible this season and this is a good result before the halving. If the same positive dynamics continue, the price may be even higher, which will be very beneficial for those who did not sell during the price correction.

I very much doubt that the price will go above $60,000 before halving. Normally before halvings and after a bear market there is a rise but nowhere near the previous ath, which seems to be what is happening. From after the halving onwards we can have more illusions about the break of ath and how far the price can go in the cycle. Until then I expect ups and downs.

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Quote from: martinex on February 13, 2024, 01:38:09 AM

As a crypto lover, I really welcome the current increase in BTC and it has reached 50K, but I am still not too optimistic about whether the price will continue to rise and it is even possible that there will be a correction again after the recent increase. It's still fresh in our memories when the Bitcoin Spot ETF was accepted, the BTC price immediately went up high after just a few days and immediately dropped again.

I think everyone supports it (except for those who did not have time to buy before the price rose). The expected correction has already begun and the price is already 49k, but this does not greatly affect the general mood of traders. What is more important is that the price of 50k was successfully tested and there was an understanding that this is possible this season and this is a good result before the halving. If the same positive dynamics continue, the price may be even higher, which will be very beneficial for those who did not sell during the price correction.

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Quote from: EarnOnVictor on February 13, 2024, 05:42:21 AM

Quote from: KingsDen on February 12, 2024, 12:50:46 PM

-snip-

An upwards trend from $50k
An downwards movement from here

Downwards movements? That is not even an option anymore. But it had done the needed correction already, and for this, it should be buying for more than a year from now. The breach again of $40,243 and the stability above the level made me know that the market was rebounding, and also the breach again of $43,606 and holding above it was another indication that it is bullish. The two levels were and remain the determinants, and holding above them means a sure positive trend for Bitcoin.

As it is, I believe that Bitcoin could only make a correction, and this can't be a long one because the short and long-term trends are now bullish. If the asset will move lower at all, I do not see it moving beyond $45,000-$46,000 for now, which makes it a bullish market, and we should try to enjoy it while it lasts. The stability above $50,000 is also important at this point in time, and if that level is able to hold and more daily close are seen above it, then we can expect to see Bitcoin hitting the all-time high of about $69,000 sooner than people think.

We cannot take out some possibilities that there will be a correction to happen since usually this will happen after bitcoin get a good pump. But we don't know how far the correction goes but I believe it will not take below $40k down since we are in bullish situation now where everything is starting to get a hype so provably if that one happen for sure there's also a major comeback will happen and another milestone will be reach.

For now lets enjoy what we see on the market and celebrate bitcoin for reaching at $50k level since it somehow means that there are more and we can possibly see a new ATH to be break this year.

If there's stability of price will happen I guess we would see it at $45k-$50k and after that once bitcoin halving nearly approaching then there's high chance that we an see more bigger pumps.

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Yes finally Bitcoins crossed 50k usd. This indicates that definitely we are in a bull run and the price will go up very soon very high. We just need to keep the demand to accumulate the coins high and the price will go up definitely.
Many are expecting that the price will go up to 100k USD. Hence we just need to show trust in the coin and show patience while holding. Definitely we will make the profit.

m2017

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Quote from: KingsDen on February 12, 2024, 12:50:46 PM

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

F*ck, yeah! Bitcoin once again set the heat for ~~haters~~ everyone. $50,000 looks like an important (passed) psychological barrier, followed by $100,000. But I predict (without having a magic crystal ball) that the movement to new heights will not be linear and the cryptomarket will probably go down for some time, and maybe several times.

Congratulations to everyone who waited for $50k milestone and this can only mean one thing - we are on the threshold of a new cycle. The bulls are already tearing up in the stalls!

KingsDen

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Quote from: Yamane_Keto on February 12, 2024, 09:39:35 PM

These discussions are always repeated, as traders believe that the upward trend will continue once the previous resistance level is broken. Once $38,000 was broken, speculation moved to $42,000, then $47,000, and now I see some people talking about $60,000, but the price needs some correction. The price started moving away from the 50-day Simple Moving Average (SMA) at $43,351. We still have strong resistance levels at $52,000 and $55,000

The correction is coming, but the fact that we touched $50,000 indicates the strength of financial flows for ETFs and institutional money.

It is true that the price needs some corrections, but before the correction, it might move to 55k, such that it will correct back to 52k region. The market is still showing signs of bullish, which shows that there will be another upwards movement. I am saying this based on the result of the poll and statement of the people. But then no one can be too sure of the market, anything unpredictable can happen but then we are still confident because it is BTC.

Quote from: martinex on February 13, 2024, 01:38:09 AM

As a crypto lover, I really welcome the current increase in BTC and it has reached 50K, but I am still not too optimistic about whether the price will continue to rise and it is even possible that there will be a correction again after the recent increase. It's still fresh in our memories when the Bitcoin Spot ETF was accepted, the BTC price immediately went up high after just a few days and immediately dropped again.

The incident of price increase on the goodnews of ETF approval and later crashed was because people who were holding before the ETF approval decided to sell and have another opportunity to enter the market for the sake of the upcoming bull run.

EarnOnVictor

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Quote from: KingsDen on February 12, 2024, 12:50:46 PM

-snip-

An upwards trend from $50k
An downwards movement from here

Downwards movements? That is not even an option anymore. But it had done the needed correction already, and for this, it should be buying for more than a year from now. The breach again of $40,243 and the stability above the level made me know that the market was rebounding, and also the breach again of $43,606 and holding above it was another indication that it is bullish. The two levels were and remain the determinants, and holding above them means a sure positive trend for Bitcoin.

As it is, I believe that Bitcoin could only make a correction, and this can't be a long one because the short and long-term trends are now bullish. If the asset will move lower at all, I do not see it moving beyond $45,000-$46,000 for now, which makes it a bullish market, and we should try to enjoy it while it lasts. The stability above $50,000 is also important at this point in time, and if that level is able to hold and more daily close are seen above it, then we can expect to see Bitcoin hitting the all-time high of about $69,000 sooner than people think.

AprilioMP

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Quote from: KingsDen on February 12, 2024, 12:50:46 PM

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

I told him to stop, but he still kept trying to fight to get up again.

From $50,081.30, it again increased by more than 4% within 24 hours.
This rate is expected to continue to increase until the end of February which is full of love.

Perhaps the increase in price which has reached $50,200 in the second week of February is the answer for those who are pessimistic about several events such as ETFs and the approach of the Bitcoin halving.
Very happy to wait for the most historic moment because I have never experienced it directly like ATH before.
Hopefully my new ATH can take part in it.

milewilda

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Quote from: KingsDen on February 12, 2024, 12:50:46 PM

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

ETF or not, we would really be going in these numbers, its actually inevitable but of course ETF did really contribute on the said sentiment or condition but there's no assurance if it was really the main reason
and as we all know and been wary that we do have that kind of upcoming event which is halving season. I do always have those kind of assumptions that the market will really make out some bump
before it would really be making up some correction later on. Well, its really good to see for Bitcoin to be back on 50k price point on which we know that it was 2 years ago since this price had been sighted.
I wont be shocked if we would be able to hit up 60K or making some new all time high but well im expected for some nasty dump.

For those who do able to secure on buying back into those dips then it wont really be that bad on securing their profits now and for those who are skeptical on buying
then i would really be making some entry when the market do make out some corrections or decrease on which this is always been that normal stuff.

Topic: Hey! it's $50k today. - page 4. (Read 1100 times)