Topic: How come BTC is not at least $75,000 yet? (Read 1921 times)

Bitcoin hasn't hit 75k yet but this means it won't happen in the future. Looking back bitcoin has grown from $0.000076 to $69k over the past 13 years and with the potential of Bitcoin, 75k is not too difficult to achieve. I firmly believe that another bull season  bitcoin will have a new ATH and hit 75k, let's give bitcoin more time for bitcoin to develop and grow we shouldn't ask too much of bitcoin.
Bitcoin is only 13 years old, we cannot compare bitcoin to USD or gold because they are hundreds of years old. So it's not surprising that many investors still believe in gold or USD.

dollars  easy spend , bitcoin still a  pain !! Confirmation duration ( possibility values keep changing between confirmation duration ) 

If energy cost drop rapidly ?

There's some level of resistance from both governments and banks in order to limit Bitcoin's growth as much as possible. With the FUD surrounding the China ban, the on-going Russia-Ukraine crisis, and the US Dollar's ever-rising inflation rates, Bitcoin's prices have stalled. It's going to take a while before we see Bitcoin reaching a new All-time-high in price. Most people are greedy, so they will quickly abandon Bitcoin when they see everything going downhill in an instant. Only a few manage to reap huge rewards by "hodling" Bitcoin during adverse conditions. I'm really in no hurry to see BTC valued at $75k as long as it works as intended. Just my opinion

Besides many countries that are still closed with bitcoin another thing is the increasing number of FUDs, in fact I saw many telegram groups giving FUDs saying that the price of bitcoin this year could drop below $15k, but if we look at the current position of bitcoin and my transaction volume optimistic that this year it can reach at least $75k.

This wont be a smooth sail ride even though we've reached 68k doesnt mean that it would be easy on breaking 70k price resistance which if we do realistically minding off on how things been doing after
a year then it is really that hard on breaking current resistances which the price do keeps on plummeting  whenever it do make out some small increase.We cant be sure on when we do see things
again like have some price rally back in the past but doesnt mean that we should stay put and do nothing yet with these movements we could actually make out money or profits if you are
just wise on utilizing these movements.

The highest price btc has achieved is only 68k, this was still close to 75k and if btc managed to achieve 68k then why not 75k? btc can do it even if no new countries will join the adoption but as long as the existing countries or users will unite for once like they won't sell or panic but they will just hold on calmly and buy more BTCs.

Many factors can contribute on the price of btc, not just the legalization or prohibition of btc although this can be the main thing that can heavily influence the price. This is where it all starts before anything else. USD is not heavily volatile as a crypto but are you sure it is safe? this isn't also an investment because its price is stable anyway.

according to my analysis why the price of bitcoin has not reached $75k, it could be because many countries still refuse bitcoin to be used as a legal medium of exchange, even though many companies have accepted bitcoin as payment. because this is one of the factors that can prevent bitcoin from penetrating the new ATH and investors still choose the dollar as a safer investment in the face of unbalanced market fluctuations.

Dollar is still king, probably because no other currency in the world has the same strength and widespread recognition worldwide. Despite ever-rising inflation, the US Dollar's position as the reserve currency of the world has remained untouched. Unless the US economy sinks to a point where there's no recovery, I don't see the USD being replaced anytime soon.

The reason why BTC isn't valued at $75k yet is simply because not many people know about it. That, and the fact, that mainstream media and haters are doing their job to spread FUD, prevents prices from going any higher within the short term. There's also the Russia-Ukraine crisis which severely affects global market prices of both stocks and cryptocurrencies. Sooner or later, Bitcoin will reach more than $75k due to the way it was designed (with deflation in mind). The higher the inflation for USD is, the higher the chances for BTC to increase in price will be. I'm in no hurry of seeing this become a reality as long as Bitcoin works as intended. Remember, BTC is not about making money but rather serving as an alternative financial system for day-to-day payments. As long as decentralization wins, nothing else matters. Just my opinion

It really isnt, thats the big flaw with your reasoning and perspective most likely.   Dollar is king and fact that BTC is this high still is admirable.    I wont speak any defense for the Dollar because its likely the most overvalued currency to ever exist as world currency but it is being used for that purpose and thats the reality right now.   There is only 1 super power nation in the world and thats USA,  Dollar is a very influential currency and vital if you want to trade with the rest of the world properly and with fair market prices.   Thats important because this world is a global economy now, the local price for goods isnt half as high as markets far away from the source.  
  So right now Dollar compared to other currencies is overly strong, vs real value I tend to agree you but we're talking finance so its about all the currencies used not real goods so much.   EURO is really not in a good place, their bank has done some extremely biased political actions to prop up Italian debt and all kinds of things to help governments over the people who might live there.   YEN is horribly undermined also, technically they can collapse if it werent for QE.  All the components indexed vs Dollar are weak hence any price in Dollar is now suffering some pressure in that higher demand for Dollar.

It won't take any longer till we see that price. I can sense that within this month bitcoin will now be at 60k or more but of course it is much better to continue holding your bitcoins to achieve more profits and you should only sell when price hits 100k, as that is a big achievement already then after that maybe you can start buying again and increase your price target the next time, it can be higher than 100k.

Bitcoin can surpass an old ATH but no it doesn't stays or continues like that but in this market there's also what we call a bear or a correction apart from the bulls so the price will always find its way to go down whether you like it or not.

If we look at the history of Bitcoin price movements since entering the market until now, which always reaches new ATH, I really believe the target of
$ 75k can be achieved. But the problem is that no one knows when Bitcoin will reach $75k, it might be achieved this year, or maybe next year and
it could also be achieved 3 years from now. It is very difficult to accurately predict where Bitcoin will move, I take the example of many people
predicting the price of Bitcoin will reach the price of $100k at the end of 2021, but the fact is Bitcoin failed to reach the price of $100k.
But it doesn't make a demand against Bitcoin decreases, there is a demand for Bitcoin continues to increase. This means we don't have to worry
about when our target is achieved, most importantly we just focus on collecting Bitcoin, if in the end our target is reached or Bitcoin reaches
a price of $75k we already have large amounts of Bitcoin.

There is increasing demand for bitcoin in all means. Starting from the days of covid-19 the participation of common people into cryptomarket have increased drastically. This has happened as a result of people staying within the home looking for opportunities to make additional money to tackle the situation during which a lot of job loss took place. With time the adoption rate has increased and every factor indicate and assure the increase in the price. However we can't make a strong prediction on the timeline by which the price will reach the mentioned price.

We'll definitely see Bitcoin climb up to $75k price or even higher but there's a perfect time for this and we cant certainly predict when it will going to happen, it might take months or few years. Thus we need to be patient if we truly believe Bitcoin can go higher and soon will recognize by more people as an alternative to fiat. If this happened then we can expect the price to soar high because of the demand. You're right, lets just take advantage the price and buy while its not so expensive. We dont know what lies ahead but its better do it now if we dont want to have a regrets later for not accumulating.

It's a opportunity ✨
Just like 2020 global lockdown because of COVID-19 ,
Oil marketing & daily consumption hit altime lower in history.
Demand disappeared overnight .
Some smart young guys understand the energy Markets.
WTI hit negative future contracts  .
Negative oil wti new = https://youtu.be/38VVLwKbcuM
On buying making money , + when market back in stability
( Now they are selling  ) more capital rush in
 Video link full story https://youtu.be/F7_WXUMFM_w

If your goal is to own bitcoin for the long term, bitcoin will reach that price and even exceed it, many predict that the price of bitcoin in the future will be much higher because they see adoption growth will continue to increase and continue to grow every year which I think will continue sustainable.
bitcoin is difficult to predict by any means even from its footprint, and what can move the price of bitcoin is demand growth as well as positive news to convince more people to get involved.
bitcoin will definitely move above the previous ATH price and continue like that and it's only a matter of time because in the long term believe it will definitely happen even if you have to wait a long time. It takes strong patience and taking advantage of every decline that occurs is the right choice to produce perfect results in the future.

Inflation will lead us to $75k faster than you could imagine. It's not a matter of "IF" Bitcoin will reach $75k, but rather "WHEN" it'll reach such a high price on the market. Experts predict Bitcoin will be worth more than that in the future due to the ever-increasing demand and limited availability in the cryptocurrency's supply. If I were you, I'd buy BTC while it's below $75k. Accumulating as much BTC as you can before the "pump" occurs, may be the wisest decision to make.

Ultimately, it's not about the price but rather Bitcoin's usefulness. As long as it works as intended, nothing else matters. Just my opinion

is bitcoin a honey trap to decimate people fleeing the jewish crime spree at wall street. Is it a coin counting algorithm that drops its value when you buy and raises when you sell. is adam back programming market making exe's?  

Bitcoin always crashes every week and sometimes everyday. make sure you tell people they will absolutely lose money trying to buy bitcoin on any short term, cause we all know that is fact for ever and since day 1 bitcoin is worth less than you think.

2010 oh look i mined bitcoin , hmm its worthless.

2021 ok cant mine it without $1,000,0000 of shitty 3000watt asics, i tried again to buy bitcoin, oh look hmm its worth less

fuck you bitcoin kikery negrorfest of relentless crashing

From what I noticed in the past when people are not thinking of a bull run because they are tired of waiting and have been victims of many bull traps, that's the time when the bull run will come. If you remember the bull run in 2021, I'm pretty sure most of us did not expect that to happen because that was the time when people are struggling financially due to the pandemic.

You are right, also that for us to see BTC at $75k it can happen at any time, I dare to say that we have not touched that price range for the simple fact that it is the fundamental of the war, and I think that until it is normalize the situation or at least not reach a diplomatic agreement between the countries will have a slowing effect of the price of BTC going up as we are expecting it, in fact I think that when it goes up, $75k will not be the limit, it will be much more of it , maybe close to $100k. Of course this is just speculation, but it is no secret to anyone that anything can happen in this world situation, and the market moves according to many things, but one of the most influential is emotions.