Topic: How far is 50k bitcoin? (Read 535 times)
My best guess would be within a year.
Bitcoin prices will have difficulty to increase prices up to $ 50k because the current condition of bitcoin prices is bad news and even a lot of bad news that makes the price of bitcoin falls, so it will be very difficult to increase prices.
Bad news is curbing the rise of bitcoin now, $50k dollars is not only far but also very far. In the immediate future, perhaps $10k should be expected. 
I think the 50K bull market has not begun yet.
Bitcoin: $6 568
probably in 5 years it will be possible to see this $50,000 price... let us be patient.
So, I think 50K or may be 100k btc is still very far than we are expecting.
as I said, we can reach these prices in 5 years, it will depend on the demand and the regulation of the governments. As the years go by we will see governments adopt regulations that are beneficial to bitcoin and this will bring demand for bitcoin, see that now we are talking about ETF that can be approved still in those months or can be approved in the next years, That means that eventually things will improve for bitcoin.
If a day we see the Bitcoin value at $20,000 people will start to sell everything they own. Only the traders and the longtime Bitcoiners will continue to hold. And since the majority will be selling the price will drop in a short period of time. And the circle will continue, once at $20k again the same thing will happen.
I think you can forget the $50k
Of course.Its true.But donot forget that even if most people sell their bitcoins when it's price reaches 20,000 dollars,still if more new investors come in to the bitcoin market then it's price may remain at that same range.I think you can forget the $50k
I agree, I was explaining to someone exactly that.
If a day we see the Bitcoin value at $20,000 people will start to sell everything they own. Only the traders and the longtime Bitcoiners will continue to hold. And since the majority will be selling the price will drop in a short period of time. And the circle will continue, once at $20k again the same thing will happen.
I think you can forget the $50k
Of course.Its true.But donot forget that even if most people sell their bitcoins when it's price reaches 20,000 dollars,still if more new investors come in to the bitcoin market then it's price may remain at that same range. I think you can forget the $50k
it looks like 50k will only be a dream, the market has not improved and the price of bitcoin has fallen to 6k. Bear market is still ongoing for the next few months.
it's possible not just a dream last year people argued that it will not be going to pass 10k, 15k or even 20k bitcoin price that time was $1500 even with the extreme decrease it has stayed on the fluctuation of $6k this year so sudden trend like the last year ATH is possible with the current year but don't expect too much, for now, give this year a chance more months to come before the EOY.Right. 50k is very possible and i think in time, btc can go even beyond 100 or 200k. Just not in the ridiculous time frames of 1 to 2 years being made by fanatics. There's still a very big room for growth.
Bitcoin prices will have difficulty to increase prices up to $ 50k because the current condition of bitcoin prices is bad news and even a lot of bad news that makes the price of bitcoin falls, so it will be very difficult to increase prices.
it looks like 50k will only be a dream, the market has not improved and the price of bitcoin has fallen to 6k. Bear market is still ongoing for the next few months.
it's possible not just a dream last year people argued that it will not be going to pass 10k, 15k or even 20k bitcoin price that time was $1500 even with the extreme decrease it has stayed on the fluctuation of $6k this year so sudden trend like the last year ATH is possible with the current year but don't expect too much, for now, give this year a chance more months to come before the EOY. 
You expect a price of 50k for bitcoin, I think you will need a very long time to be patient. The market is very falling and from users who sell and make the market increasingly fall. I believe the market can improve but it will take a very long time.
Most of the cryptocurrency analyst are expecting for the price of bitcoins to reach $50k dollars before the year ends and we should be waiting for that price to come out before selling our coins, so keep on holding today and be patient.
it looks like 50k will only be a dream, the market has not improved and the price of bitcoin has fallen to 6k. Bear market is still ongoing for the next few months.
We may not see $50,000 bull market this year and if that setting will happen it will be through fundamentals issues and not technically setting. We are on the bearish trend now and I think 2018 is not going to be too much favourable like last year.
Seeing the current market situations it seems like $50k is not easily achievable within couple of months.Bull run has still not hit the market but we can expect the price boost upto $15000 within few months.But this crypto market is too volatile to make any predictions so just wait for that time.
$50,000 is not going to happen in ‘the next few months’ barring some huge news like an ETF approval. We will reach $50,000 but it’s not going to happen until after the next halving imo, you’re looking at mid 2021 until we see $50,000.
Seeing the current market situations it seems like $50k is not easily achievable within couple of months.Bull run has still not hit the market but we can expect the price boost upto $15000 within few months.But this crypto market is too volatile to make any predictions so just wait for that time.
I think the 50K bull market has not begun yet. We have not been in that silent period with very less volatility though currently volatility is decreasing. For example, When you starts your trekking, what would you experience? First you will travel through plains and then climb the hill and again down to plains and then another big hill and so on. Such that, we have just climbed the hill and now we are downsloping, we have not found that plains yet. Good news is that hills are getting smaller and smaller that means we are nearing the plains, and also we have to travel through that plains before we get another hill to climb up. So, I think 50K or may be 100k btc is still very far than we are expecting.
I also think that the good 50K bull market has not yet been. We're still on the lowlands with little hills. Here we can train and climb small hills, and thus gain new experience and training. When we come to the Himalayas and go to Everest with a value of 50k $ - 100k $, we will be ready and will not give up at 25k $ - 35k $. It's still a long way, but once we come there, it's only a matter of time. Personally, i think that we have before us a long way two years before we get there. I think it will take many years to reach 50 k.It is not that easy.Sudden fluctuations is affecting the growth of BTC.It is not impossible to attain such value but according to me it is time consuming.It needs support and understanding of investors but that is not easy to attain.I think this year it might reach 10k so expecting 50k is far behind our scope.But we should promote bitcoin,try to advertise it in order to increase it value.
Your prediction about the highest value that is 50k US dollar is fine but the current prediction is not okay because it will cross higher than 25k US dollar price in the upcoming next few months as said by experts and analysts. Bitcoin has the utmost potential to rich and achieve any highest possible value but it will need some more time until investors realize to buy a lot and hold for bull market. 
I think the 50K bull market has not begun yet. We have not been in that silent period with very less volatility though currently volatility is decreasing. For example, When you starts your trekking, what would you experience? First you will travel through plains and then climb the hill and again down to plains and then another big hill and so on. Such that, we have just climbed the hill and now we are downsloping, we have not found that plains yet. Good news is that hills are getting smaller and smaller that means we are nearing the plains, and also we have to travel through that plains before we get another hill to climb up. So, I think 50K or may be 100k btc is still very far than we are expecting.
Don't make your plans yet for a $50,000 = 1 BTC. We are still in a long uphill battle, so yes it will be very far specially at this point wherein the we have been struggling to get past $10,000. Don't get me wrong I also wanted to see that price one day, however, might takes us 2-5 years perhaps. My only advise is that we shouldn't hurry, bitcoin is still in its infancy stage and growth can be seen in the next coming years. And once we get to there, its going to be so much rewarding because of the time we have invested on it.
I think the 50K bull market has not begun yet. We have not been in that silent period with very less volatility though currently volatility is decreasing. For example, When you starts your trekking, what would you experience? First you will travel through plains and then climb the hill and again down to plains and then another big hill and so on. Such that, we have just climbed the hill and now we are downsloping, we have not found that plains yet. Good news is that hills are getting smaller and smaller that means we are nearing the plains, and also we have to travel through that plains before we get another hill to climb up. So, I think 50K or may be 100k btc is still very far than we are expecting.
Your too much excited about on getting there and I think this will take many years before this will happen. Although crypto is full of surprises that investors should be more optimistic that this will skyrocket in the future. I just hope that better price of bitcoin will come for the good of the whole crypto. 
I think the 50K bull market has not begun yet. We have not been in that silent period with very less volatility though currently volatility is decreasing. For example, When you starts your trekking, what would you experience? First you will travel through plains and then climb the hill and again down to plains and then another big hill and so on. Such that, we have just climbed the hill and now we are downsloping, we have not found that plains yet. Good news is that hills are getting smaller and smaller that means we are nearing the plains, and also we have to travel through that plains before we get another hill to climb up. So, I think 50K or may be 100k btc is still very far than we are expecting.
That will always change and I am sure that things will start to improve. In the end we will see that everyone who has bitcoin will get happiness. Gradually Bitcoin will reach its peak and it happened at the end of last year, the price of Bitcoin reached a very high level and currently I am still optimistic that by the end of this year there will be many surprises in the world of Bitcoin. 
You expect a price of 50k for bitcoin, I think you will need a very long time to be patient. The market is very falling and from users who sell and make the market increasingly fall. I believe the market can improve but it will take a very long time.
Even Bitcoin could not raise 9,000$. And people still think of bitcoin at 50,000$. That will happen in five years, and now we are facing a decline of the market from 2017. If there is a good improvement to the market. I hope prices can break 9,000$ this year
You expect a price of 50k for bitcoin, I think you will need a very long time to be patient. The market is very falling and from users who sell and make the market increasingly fall. I believe the market can improve but it will take a very long time.
Even Bitcoin could not raise 9,000$. And people still think of bitcoin at 50,000$. That will happen in five years, and now we are facing a decline of the market from 2017. If there is a good improvement to the market. I hope prices can break 9,000$ this year 
it looks like we are getting farther away by $ 50k, the bear market lasts very long and frustrates many investors. this makes many investors sell the bitcoin they have.
Yes it was far from getting $50k dollars but there is always a chance for the price of bitcoisn to grow even more just like what happened last year when china banned ico's which makes the price to drop so hard but still bitcoins managed to reach $19k dollars before the year ends.
You expect a price of 50k for bitcoin, I think you will need a very long time to be patient. The market is very falling and from users who sell and make the market increasingly fall. I believe the market can improve but it will take a very long time.
If you follow the trend last year and apply it this year, $50,000 is possible. Last years bull run reached 600% increase. Given the current rate of Bitcoin at $6,700 today plus 600% increase, Bitcoin could reach close to $50,000 USD. There might be bumps along the road to $50,000 but it is possible.
Never do that, you are just deceiving yourself by doing such a thing, I know that it can be very tempting to see the results that we got last year and play them to this year but that is not going to happen the circumstances are very different, the starting price is really different, the legal landscape was different and the state of development was different too.So please avoid doing that in the future for your own sake since it is very easy to take terrible decisions when looking at the past and thinking the past is going to repeat itself in the future and also it is a big mistake that we are going to see a bull market that soon, we come from one of the most spectacular growths in this market and everyone needs some time to get more money before a new bull market happens.
I think it will take many years to reach 50 k.It is not that easy.Sudden fluctuations is affecting the growth of BTC.It is not impossible to attain such value but according to me it is time consuming.It needs support and understanding of investors but that is not easy to attain.I think this year it might reach 10k so expecting 50k is far behind our scope.But we should promote bitcoin,try to advertise it in order to increase it value.
Yes we are far to 50k to 100k dollars. But everything is possible even this year is that possible but how? If we have unity to hold , buy more bitcoin, and advertise bitcoin to others we can see the price pump for sure and we see that price.
We need more time before penetrating $50,000.
Bitcoin today is nearly going under $6,000 so this can make the panic sellers start to rant again.
At least lower down your expectation, lets check in first to $10,000 then $15,000 and so on.
Bitcoin today is nearly going under $6,000 so this can make the panic sellers start to rant again.
At least lower down your expectation, lets check in first to $10,000 then $15,000 and so on.
Assuming the trend will be similar to 2017 and 2013 bull runs, I think $50,000 will be reached in 2021. The idea is that we'll have a bear market in this year and the next, it will start going up before the halvening of 2020 and will keep growing slowly until it explode with new ATH. $50,000 is only 2.5 times increase from the last ATH, if there will be enough hype we can see even higher numbers. But there are other possibilities, maybe we'll have bull run earlier, maybe there will be no crazy rally and instead slow increase over long time. Just because it happened in the past doesn't mean it will repeat again.
I think the 50K bull market has not begun yet. We have not been in that silent period with very less volatility though currently volatility is decreasing. For example, When you starts your trekking, what would you experience? First you will travel through plains and then climb the hill and again down to plains and then another big hill and so on. Such that, we have just climbed the hill and now we are downsloping, we have not found that plains yet. Good news is that hills are getting smaller and smaller that means we are nearing the plains, and also we have to travel through that plains before we get another hill to climb up. So, I think 50K or may be 100k btc is still very far than we are expecting.
Very very far indeed and its just normal to have those slopes, hills and plains into this market and that's how a volatile thing do work. The fact that we didn't able to hit up the ATH which means we are really struggling into this year into bitcoins price or even on the entire crypto market. We didn't able to recover on the 800b cap which we do able to see on last years. For now we should be realistic, don't think up on 50k, just focus first on how we do able to reach the ATH once again.
One year.
I think the 50K bull market has not begun yet. We have not been in that silent period with very less volatility though currently volatility is decreasing. For example, When you starts your trekking, what would you experience? First you will travel through plains and then climb the hill and again down to plains and then another big hill and so on. Such that, we have just climbed the hill and now we are downsloping, we have not found that plains yet. Good news is that hills are getting smaller and smaller that means we are nearing the plains, and also we have to travel through that plains before we get another hill to climb up. So, I think 50K or may be 100k btc is still very far than we are expecting.
Even $10k is yet too far from now, so imagine how many years you would have to wait before it hits $50k and oh, i think $20k is just for a show at least it helps them to get an awesome profits specially to those hodlers. 
I think the 50K bull market has not begun yet. We have not been in that silent period with very less volatility though currently volatility is decreasing. For example, When you starts your trekking, what would you experience? First you will travel through plains and then climb the hill and again down to plains and then another big hill and so on. Such that, we have just climbed the hill and now we are downsloping, we have not found that plains yet. Good news is that hills are getting smaller and smaller that means we are nearing the plains, and also we have to travel through that plains before we get another hill to climb up. So, I think 50K or may be 100k btc is still very far than we are expecting.
Why expecting to see that kind of price trend today? Why in a rush?
As you said there are lots of struggles around so why expecting that you may see some road to highest mountain now? Just go with the flow. If it will happened then it will happened. People are just in rush to see great price increase because some of them are still under the effect of 2017 hype where $50,000 to $100,000 price target should have reached this year or the following year.
There is always a chance but don't expect that it will happened within a short period of time. Again "go with the flow" and trust the process.
How far is 50k bitcoin?
I think the 50K bull market has not begun yet.
I think the 50K bull market has not begun yet.
It is like 3 years away. Next Bull market will start in spring next year and with slow growth reach old ATH in mid 2020.
I think the 50K bull market has not begun yet. We have not been in that silent period with very less volatility though currently volatility is decreasing. For example, When you starts your trekking, what would you experience? First you will travel through plains and then climb the hill and again down to plains and then another big hill and so on. Such that, we have just climbed the hill and now we are downsloping, we have not found that plains yet. Good news is that hills are getting smaller and smaller that means we are nearing the plains, and also we have to travel through that plains before we get another hill to climb up. So, I think 50K or may be 100k btc is still very far than we are expecting.
There is no timeline in getting $50k price of bitcoin. Just take a look how hard to reach again the price of $10k as it encountered a series of downfall and yet it's not get there due to much resistance on that level then how much more in getting to $50k. Although everything can happen in crypto, just bear with the system as this will heading the top. 
The $50k bitcoin bull run will have its say, when this year has given out it's presents to bitcoin. Since this year, bitcoin has been facing a downhill movement, with no much up climbing. So, whatever this year gives will determine when the bull run starts.
50k is still a long way to go as far as the current market is concerned. I certainly believe we are not yet at the bottom yet and the market will still be out to shake out more weak hands eventually. However, with all expectations, we may as well just see how things would turn out with next year and the next which are the years I actually feel would sound more reasonable and realistic to start attaining new All time High.
maybe after the ETF is received the bull market will start soon, but the ETF problem decision is still in September. if accepted, surely the price of bitcoin will rise until the end of the year.
Yes, there's so much hope for that ETF to be approved so that we can finally say that we are in a bull run. Regarding $50K, probably might takes us 2 year minimum. If we go on a bull run, around 2019 will be a good estimate. But we all know that this market is very unpredictable maybe we can achieved in this year or perhaps in 2020. But I'm not losing hope and its possible to get to it in the future.
maybe after the ETF is received the bull market will start soon, but the ETF problem decision is still in September. if accepted, surely the price of bitcoin will rise until the end of the year.
it looks like we are getting farther away by $ 50k, the bear market lasts very long and frustrates many investors. this makes many investors sell the bitcoin they have.
Yes it was far from getting $50k dollars but there is always a chance for the price of bitcoisn to grow even more just like what happened last year when china banned ico's which makes the price to drop so hard but still bitcoins managed to reach $19k dollars before the year ends.
it looks like we are getting farther away by $ 50k, the bear market lasts very long and frustrates many investors. this makes many investors sell the bitcoin they have.
Yes it was far from getting $50k dollars but there is always a chance for the price of bitcoisn to grow even more just like what happened last year when china banned ico's which makes the price to drop so hard but still bitcoins managed to reach $19k dollars before the year ends.
I would say it’s way too early to predict 50k BTC. It won’t happen anytime soon but on the other hand who is able to predict the market right now?!
it looks like we are getting farther away by $ 50k, the bear market lasts very long and frustrates many investors. this makes many investors sell the bitcoin they have.
I can not possibly say how far the $50k bitcoin is but all I can say with certainty is that it is so much closer that you would think it is. for example last year when price was still $900 people were arguing about when $1200 (the previous ATH) would be reached and how that will take a long time. and then the bubble talks began and nobody even thought it would reach $20k in a year.
$50k is no different either. as soon as we get out of this accumulation/manipulation phase that bitcoin is stuck in we will start the rise towards that target easily.
Last year we had a different scenario. But 50k $ is a little too far, at least a year away minimum, max I would say 3-4 years. We can't go by the charts all the time, because things happen and they have consequences for it. Bubble talks by Jamie literally saddened the markets for a while and then out of nowhere the bitcoin gold forks pumped up people's moods to buy more bitcoin. Because free money. But now we can't have the same case, forks are shit now. $50k is no different either. as soon as we get out of this accumulation/manipulation phase that bitcoin is stuck in we will start the rise towards that target easily.
If you follow the trend last year and apply it this year, $50,000 is possible. Last years bull run reached 600% increase. Given the current rate of Bitcoin at $6,700 today plus 600% increase, Bitcoin could reach close to $50,000 USD. There might be bumps along the road to $50,000 but it is possible.
It is far for sure but we are having some progress with the price every year which is good if you're expecting a certain price point before you sell. It should be a slow climb when we reach $50k because if we are going to experience $50k immediately we can expect a correction would take place right after hitting a price that high. We should worry about the support levels of Bitcoin rather than expecting new highs.
Maybe it can happen after the next block having because the last block halving the price was increasing more than $19k so after the 2020 block halving we will see a big price increase and I think it can hit above $20k.
Following the pattern from the previous surges the next ATH should be at 2021 but I won't rely much on this since there's no guarantee that the same thing can happen again. 
More than far away, to be honest, i think that it is never going to be touching those prices, even if it happens, it is not going to be on the next few decades, probably some more years
The bull time has not come yet. do not enter into such big expectations. next month max. 13k - 15k will see the level of operation. waiting for more is an unnecessary excitement.
Yeah, $50k is quiet not possible this year because of the current situation of bitcoin, maybe it can happen next year or even in the next 5years. We may not hit another peak this year but don’t panic because this is not the end of cryptocurrency and we still have more time for improvements and bitcoin will still be on top. I can not possibly say how far the $50k bitcoin is but all I can say with certainty is that it is so much closer that you would think it is. for example last year when price was still $900 people were arguing about when $1200 (the previous ATH) would be reached and how that will take a long time. and then the bubble talks began and nobody even thought it would reach $20k in a year.
$50k is no different either. as soon as we get out of this accumulation/manipulation phase that bitcoin is stuck in we will start the rise towards that target easily.
I think in a way similar to this, the previous bull market took everyone by surprise, anyone that says otherwise is lying and at the same time the levels we reached were incredible, in fact if you had asked me at the beginning of the previous year about when I thought we would reach 20k I would have answered that at least a decade was necessary to reach that price.$50k is no different either. as soon as we get out of this accumulation/manipulation phase that bitcoin is stuck in we will start the rise towards that target easily.
But now it seems bitcoin is ready to grow a lot faster thanks to several factors the most important is the LN which means bitcoin will be used as a currency again, we have the halving in 2020, and investors with deep pockets are buying bitcoin secretively or at least are preparing to do it, so the price of 50k is a lot closer than what we imagined just a few years ago.
It is still far to reach 50k for bitcoin a lot of adoptions could happen before this price can reach. Adoptions could have its more growth in bitcoin that could climb the price. So let's see this year ends of their is changes on price value.
At this stage the biggest price gain anybody can be predicting should be between 15000 to 20,000 and not 50k. For bitcoins to reach 50,000 unless about 2 to 3 years time and I don't foresee that anytime soon.
I think this year or even next year its too far to see the price at $50k which is impossible to happen because there are many traders and holders are waiting again to hit above $10k value or more than $19k which is already happened last year.
Maybe it can happen after the next block having because the last block halving the price was increasing more than $19k so after the 2020 block halving we will see a big price increase and I think it can hit above $20k.
Maybe it can happen after the next block having because the last block halving the price was increasing more than $19k so after the 2020 block halving we will see a big price increase and I think it can hit above $20k.
The possibility that we are heading to that certain point is a fact and even reaching the $100k BTC is really possible however analyzing the when can it be, Is a different story it is very far ahead, and we are not there yet even the last bitcoin to be mine is not yet near there is many obstacles to go through, and we can never see it for now, But there are certain speculators that made a chart on what possible ATH we can get on next and speculating on when it can be, If only I can find it again I would love to share it here.
Too early for $50K prediction,but any how I don't have any idea that when the price will hit $50K since the prices were going up and down and keep repeating and it even can't be able to hit $10K so if it reaches new ATH then we may see another price drop since most of the short term investors will try to make money out of their investment so $50000 is too far from now. 
Bitcoin ETF could push the price of (BTC) to 50k in 2018
How? Speculation alone isn't enough to drive the market up that high. If we even see the SEC approve an ETF this year, it won't be accessible for larger parties this year. It's planned to open up somewhere in Q1 2019.And then we don't even know how popular that ETF will be. You can imagine that with a higher price due to prior speculation the demand for an ETF will be pretty low because these parties know how markets work.
Similar to what happened last year with the futures, the amount of shorts were insane when the markets went live. If futures were tied to only long positions, they would be ignored like they don't exist.
If a day we see the Bitcoin value at $20,000 people will start to sell everything they own. Only the traders and the longtime Bitcoiners will continue to hold. And since the majority will be selling the price will drop in a short period of time. And the circle will continue, once at $20k again the same thing will happen.
I think you can forget the $50k
I think you can forget the $50k
At the moment we are very far away from this value.
Bitcoin price can change very quickly and it wouldn't be the first time that it has surprised us but many conditions should come together for Bitcoin to reach 50000$ and there is no guarantee that this will ever happen.
As the market is looking now even 20000$ seams to be very far away and hard to achieve.
Bitcoin price can change very quickly and it wouldn't be the first time that it has surprised us but many conditions should come together for Bitcoin to reach 50000$ and there is no guarantee that this will ever happen.
As the market is looking now even 20000$ seams to be very far away and hard to achieve.
The bull time has not come yet. do not enter into such big expectations. next month max. 13k - 15k will see the level of operation. waiting for more is an unnecessary excitement.
It's so far away in the future that we don't even have to bother waiting for it. 
Don't compare this growth to the last year's growth.Now the last year's big bitcoin hype is gone and bitcoin(plus all the altcoins) are more regulated(with crypto bans in China and India),which kinda stops an "exploding price growth" scenario to happen.
Don't compare this growth to the last year's growth.Now the last year's big bitcoin hype is gone and bitcoin(plus all the altcoins) are more regulated(with crypto bans in China and India),which kinda stops an "exploding price growth" scenario to happen.
I can not possibly say how far the $50k bitcoin is but all I can say with certainty is that it is so much closer that you would think it is. for example last year when price was still $900 people were arguing about when $1200 (the previous ATH) would be reached and how that will take a long time. and then the bubble talks began and nobody even thought it would reach $20k in a year.
$50k is no different either. as soon as we get out of this accumulation/manipulation phase that bitcoin is stuck in we will start the rise towards that target easily.
$50k is no different either. as soon as we get out of this accumulation/manipulation phase that bitcoin is stuck in we will start the rise towards that target easily.
I think btc price is 8-10 months away from 50000$. But anyway anything can happen and bitcoin can reach that price much faster. I think all depends on ETF approve and we should watch price after
In my opinion it still takes more that two years to reach that price maybe we will hit that in 2020.But now don't predict that much price since we are very early to do this kind of prediction so better predict when we will hit new ATH.
of course it is still far a head,do not talk about $50.000.currently we have no idea how long we can reach $10.000 if we are looking at it based on our current movement.
peoples were hesitated to join the train because it got pumped so hard a few months ago,people thinks it is still far overpriced compared to its own usecase.
even though they know it is our future and we need it.
Bitcoin still lacks a new and fresh investor for now, that is why Bitcoin is hanging in around $7000 right now because we are lacking it and people who hold it right now started to dump their bags.
also basically we heard nothing so far about Bitcoin unlike last year,we heard a lot of good news came from CME,other countries and many more.
and yet right now we heard nothing(basically none,of course we are excluding those minor news and those rumour).
peoples were hesitated to join the train because it got pumped so hard a few months ago,people thinks it is still far overpriced compared to its own usecase.
even though they know it is our future and we need it.
Bitcoin still lacks a new and fresh investor for now, that is why Bitcoin is hanging in around $7000 right now because we are lacking it and people who hold it right now started to dump their bags.
also basically we heard nothing so far about Bitcoin unlike last year,we heard a lot of good news came from CME,other countries and many more.
and yet right now we heard nothing(basically none,of course we are excluding those minor news and those rumour).
I think the 50K bull market has not begun yet. We have not been in that silent period with very less volatility though currently volatility is decreasing. For example, When you starts your trekking, what would you experience? First you will travel through plains and then climb the hill and again down to plains and then another big hill and so on. Such that, we have just climbed the hill and now we are downsloping, we have not found that plains yet. Good news is that hills are getting smaller and smaller that means we are nearing the plains, and also we have to travel through that plains before we get another hill to climb up. So, I think 50K or may be 100k btc is still very far than we are expecting.
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