New ATH hit. Anyone, ever bought BTC, is now at profit. Welcome to fraternity... - page 2.

Ultegra134

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Quote from: aylabadia05 on October 11, 2024, 04:06:03 PM

The high volatility experienced by bitcoin in the last few days is actually strong evidence that anything can happen. It is possible for Bitcoin to reach a new ATH in a day if demand is very high, but it can also fall very deeply if there is an extraordinary influence on the market. We all expected a new ATH and a massive rise after the halving, but this has not happened yet.

Currently bitcoin is around $9k below its ATH, so it's certainly not too high to reach again. If buying interest surges, then bitcoin will very likely be at $70k again in no time. But what I'm hoping for is a steady rise instead of panic buying due to FOMO or something like that. This can prevent large falls in one day due to quick profit taking.

We're less than two months away from 2025, thus, I find it quite unlikely that we'll hit a new ATH in such a short period. Although that doesn't necessarily mean much, especially with the US elections on the way, things can swiftly change, either for the better or worse. From how I see things, except from the past few days to week, Bitcoin has been relatively stable, ranging in price between $58,000 at major drops, to $62,000, and sometimes up to $64,000 or $65,000, replicating this pattern over the last few months.

This isn't a speculation analysis nor am I trying to prove my point, but it seems to me that it's following a pattern of minor pumps and dumps over the last few months, before summer started.

jcojci

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Quote from: bangjoe on October 11, 2024, 12:01:13 PM

Of course $71-$72k is the new ATH because that price is the highest that BTC can build this year, but we do have the possibility of a second increase that occurs after the Halving or usually occurs at the end of the year on the 4-year bitcoin cycle, people who sell at that price and buy in the tens of thousands of dollars to 30$k dollars will get a lot of profit if they also buy a lot of bitcoin at that time, but who knows about it because it is only limited to speculation and assumptions with the phrase “if”, why not just put an open order at the price you want without having to do that to sell at the best price in your opinion.

The possibility of Bitcoin's price going to the next highest price will be there. We only needs to be patient and wait for that moment. Many people says that we will see the next ATH at the end of this year or next year. But we don't have the right sign for that and can only waits for a while. You will make a big profit if you can sell at the highest price but if you still delay for selling on the highest price, your profit will also delay. Those who have many Bitcoin will not sell them at once because they will want to keep some Bitcoin for the future. After all, Bitcoin has a bright future. This situation is difficult so maybe we can hold our Bitcoin for more until the price increases to the new ATH.

aylabadia05

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Quote from: justdimin on October 11, 2024, 03:53:54 PM

Quote from: bangjoe on October 11, 2024, 12:01:13 PM

While 72k or so was the ATH, we can see we are very close to it even still, and just one big bull run would destroy such a ATH so we should be hopeful about the potential. I understand people are almost always worried about what's going to happen, because they fear they may lose their money, and money isn't something we come by easily these days, life is very expensive and every cent counts, losing money is something they are afraid because they fear they may not recover it back again.

However, there shouldn't be a fear on this one, we are going on a bull adventure soon enough, and we are going to profit and long term has always been great in crypto. So if you buy now and wait, either in a few months or in a few years you will eventually profit and won't matter too much at all, wouldn't really feel this much. In the end, we can definitely make some profit from holding, because holding has been the best way of making money on the long run.

The high volatility experienced by bitcoin in the last few days is actually strong evidence that anything can happen. It is possible for Bitcoin to reach a new ATH in a day if demand is very high, but it can also fall very deeply if there is an extraordinary influence on the market. We all expected a new ATH and a massive rise after the halving, but this has not happened yet.

Currently bitcoin is around $9k below its ATH, so it's certainly not too high to reach again. If buying interest surges, then bitcoin will very likely be at $70k again in no time. But what I'm hoping for is a steady rise instead of panic buying due to FOMO or something like that. This can prevent large falls in one day due to quick profit taking.

justdimin

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Quote from: bangjoe on October 11, 2024, 12:01:13 PM

Quote from: jcojci on October 11, 2024, 10:12:32 AM

Those who sold Bitcoin at $70,000 made a big profit especially if they were accumulated from a long time ago. But I don't think that $71k-$72k is the new ATH because I think that Bitcoin price can be more than $100k this end of the year or next year. There will be time for Bitcoin price to start rise and impress many people because they don't think that Bitcoin can reach the new ATH more than $100k.

If you want to follow people suggestion to still use DCA method for this moment, you can expect to make a big profit when the price make a new ATH.

You really make a profit when you sell your Bitcoin. So that will be your decision when you want to sell Bitcoin.

You can set your alarm at the certain price so you will not miss the chance to sell at that price.

Of course $71-$72k is the new ATH because that price is the highest that BTC can build this year, but we do have the possibility of a second increase that occurs after the Halving or usually occurs at the end of the year on the 4-year bitcoin cycle, people who sell at that price and buy in the tens of thousands of dollars to 30$k dollars will get a lot of profit if they also buy a lot of bitcoin at that time, but who knows about it because it is only limited to speculation and assumptions with the phrase “if”, why not just put an open order at the price you want without having to do that to sell at the best price in your opinion.

While 72k or so was the ATH, we can see we are very close to it even still, and just one big bull run would destroy such a ATH so we should be hopeful about the potential. I understand people are almost always worried about what's going to happen, because they fear they may lose their money, and money isn't something we come by easily these days, life is very expensive and every cent counts, losing money is something they are afraid because they fear they may not recover it back again.

However, there shouldn't be a fear on this one, we are going on a bull adventure soon enough, and we are going to profit and long term has always been great in crypto. So if you buy now and wait, either in a few months or in a few years you will eventually profit and won't matter too much at all, wouldn't really feel this much. In the end, we can definitely make some profit from holding, because holding has been the best way of making money on the long run.

bangjoe

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Quote from: jcojci on October 11, 2024, 10:12:32 AM

Those who sold Bitcoin at $70,000 made a big profit especially if they were accumulated from a long time ago. But I don't think that $71k-$72k is the new ATH because I think that Bitcoin price can be more than $100k this end of the year or next year. There will be time for Bitcoin price to start rise and impress many people because they don't think that Bitcoin can reach the new ATH more than $100k.

If you want to follow people suggestion to still use DCA method for this moment, you can expect to make a big profit when the price make a new ATH.

You really make a profit when you sell your Bitcoin. So that will be your decision when you want to sell Bitcoin.

You can set your alarm at the certain price so you will not miss the chance to sell at that price.

Of course $71-$72k is the new ATH because that price is the highest that BTC can build this year, but we do have the possibility of a second increase that occurs after the Halving or usually occurs at the end of the year on the 4-year bitcoin cycle, people who sell at that price and buy in the tens of thousands of dollars to 30$k dollars will get a lot of profit if they also buy a lot of bitcoin at that time, but who knows about it because it is only limited to speculation and assumptions with the phrase “if”, why not just put an open order at the price you want without having to do that to sell at the best price in your opinion.

bitzizzix

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Quote from: bangjoe on October 07, 2024, 09:57:32 AM

Quote from: LUCKMCFLY on October 06, 2024, 07:50:09 PM

Quote from: bangjoe on October 02, 2024, 04:30:22 PM

Quote from: SpanishSoldier on October 02, 2024, 04:08:01 PM

Looks like the impending war won't let the bull to climb the mountain so early...

If a Bitcoin war can grow even higher than just touching the price level of $ 66k, but yes that kind of thing can not be predicted, we do not know what disaster schedule will befall Bitcoin, but this kind of thing as usual. There will be a high pace when they run out of ammunition, and that will make Bitcoin grow back.
Really a world that is not peaceful makes me feel uncomfortable with my Bitcoin ownership, I hope the conflict will be completed quickly and next year Bitcoin can grow crazy to print its highest ATH.

It is a fact that if a war breaks out, the price will be affected and Possibly Negatively , I hope it does not happen because many human lives would be lost, money really does not matter if many of us are made to choose between people living or becoming Millionaires (in the case that I had a lot of BTC) but in every market speculation things happen for a reason , and I think that if this becomes a great fundamental, I hope that it is something temporary and has a Quick solution and things in the World improve so that the bull can go on its run without problems.

The other side of what affects bitcoin does make us very unbelievable, the choice is very bad and not worthy of being a choice, rich or many lives lost, very inhumane, but if the war stops, many people will survive and there will be many new millionaires from bitcoin because with that we can continue to increase the price of bitcoin.

We all want the war conflict to end soon, but we can only hope and pray that it will end soon. Because war hurts many people, especially those who live in countries that are facing terrible wars. And of course, the price of Bitcoin can be affected by war or other conflicts, just like any other asset class. If a major conflict or geopolitical crisis occurs, the financial market will definitely become uncertain, and this will also increase the volatility of the Bitcoin price. And no matter what happens, the price of Bitcoin will remain an unpredictable asset. But in the long run, its price will still go up.

jcojci

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Those who sold Bitcoin at $70,000 made a big profit especially if they were accumulated from a long time ago. But I don't think that $71k-$72k is the new ATH because I think that Bitcoin price can be more than $100k this end of the year or next year. There will be time for Bitcoin price to start rise and impress many people because they don't think that Bitcoin can reach the new ATH more than $100k.

If you want to follow people suggestion to still use DCA method for this moment, you can expect to make a big profit when the price make a new ATH.

You really make a profit when you sell your Bitcoin. So that will be your decision when you want to sell Bitcoin.

You can set your alarm at the certain price so you will not miss the chance to sell at that price.

Swordsoffreedom

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Quote from: Yaunfitda on October 11, 2024, 04:05:49 AM

I don't know but I do not think that the war will simply stop Bitcoin from making a huge run and make it a new all time high at $100,000 or higher in 2025.

I even thought that the war in the Middle East had nothing to do with the market, its impact was negligible but it seemed like someone was taking advantage of that news to manipulate the market, manipulate our psychology.

Quote from: Yaunfitda on October 11, 2024, 04:05:49 AM

Yes, we have the war in the background, but there's nothing worst for me than the pandemic wherein every economy in the world has shutdown and yet we keep going and survived that crisis. The only bad thing is that in war, there are going to be collateral damage specially kids. But barring everything, there will still be a lot of crypto millionaires this coming bull run and hopefully everything will settle down and the war will not go on full blown so that there will be no casualties on both sides.

In fact, war is much worse because it not only takes human lives but also causes terrible destruction causing damage to property, houses...almost everything will be destroyed but we are not in a war zone so we think it is not worse than covid. Only those who have been in that situation know what they are going through.

I believe that, whether there is a war or not, the price increase season will still come because these two factors are not too related to each other.

Yaunfitda

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Quote from: bangjoe on October 07, 2024, 09:57:32 AM

The other side of what affects bitcoin does make us very unbelievable, the choice is very bad and not worthy of being a choice, rich or many lives lost, very inhumane, but if the war stops, many people will survive and there will be many new millionaires from bitcoin because with that we can continue to increase the price of bitcoin.

I don't know but I do not think that the war will simply stop Bitcoin from making a huge run and make it a new all time high at $100,000 or higher in 2025. Yes, we have the war in the background, but there's nothing worst for me than the pandemic wherein every economy in the world has shutdown and yet we keep going and survived that crisis. The only bad thing is that in war, there are going to be collateral damage specially kids. But barring everything, there will still be a lot of crypto millionaires this coming bull run and hopefully everything will settle down and the war will not go on full blown so that there will be no casualties on both sides.

LUCKMCFLY

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Quote from: bangjoe on October 07, 2024, 09:57:32 AM

The other side of what affects bitcoin does make us very unbelievable, the choice is very bad and not worthy of being a choice, rich or many lives lost, very inhumane, but if the war stops, many people will survive and there will be many new millionaires from bitcoin because with that we can continue to increase the price of bitcoin.

That is what we all want to happen , I am a person who will always Advocate for wars to cease , if we see the wars occur for: Lands, religion, for disagreements that in the end are somewhat ridiculous, then in view of this they have to stick to this Point , they must be more tolerable , the world should be for everyone , they should worry about other things, not that, and the effect is so immediate that the markets are negatively affected , then that is not the idea, there have to be good Effects and not wars , unnecessary deaths , when there are wars everything is ugly, everything is black.

bangjoe

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Quote from: LUCKMCFLY on October 06, 2024, 07:50:09 PM

Quote from: bangjoe on October 02, 2024, 04:30:22 PM

Quote from: SpanishSoldier on October 02, 2024, 04:08:01 PM

Looks like the impending war won't let the bull to climb the mountain so early...

If a Bitcoin war can grow even higher than just touching the price level of $ 66k, but yes that kind of thing can not be predicted, we do not know what disaster schedule will befall Bitcoin, but this kind of thing as usual. There will be a high pace when they run out of ammunition, and that will make Bitcoin grow back.
Really a world that is not peaceful makes me feel uncomfortable with my Bitcoin ownership, I hope the conflict will be completed quickly and next year Bitcoin can grow crazy to print its highest ATH.

It is a fact that if a war breaks out, the price will be affected and Possibly Negatively , I hope it does not happen because many human lives would be lost, money really does not matter if many of us are made to choose between people living or becoming Millionaires (in the case that I had a lot of BTC) but in every market speculation things happen for a reason , and I think that if this becomes a great fundamental, I hope that it is something temporary and has a Quick solution and things in the World improve so that the bull can go on its run without problems.

The other side of what affects bitcoin does make us very unbelievable, the choice is very bad and not worthy of being a choice, rich or many lives lost, very inhumane, but if the war stops, many people will survive and there will be many new millionaires from bitcoin because with that we can continue to increase the price of bitcoin.

LUCKMCFLY

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Quote from: bangjoe on October 02, 2024, 04:30:22 PM

Quote from: SpanishSoldier on October 02, 2024, 04:08:01 PM

Looks like the impending war won't let the bull to climb the mountain so early...

If a Bitcoin war can grow even higher than just touching the price level of $ 66k, but yes that kind of thing can not be predicted, we do not know what disaster schedule will befall Bitcoin, but this kind of thing as usual. There will be a high pace when they run out of ammunition, and that will make Bitcoin grow back.
Really a world that is not peaceful makes me feel uncomfortable with my Bitcoin ownership, I hope the conflict will be completed quickly and next year Bitcoin can grow crazy to print its highest ATH.

It is a fact that if a war breaks out, the price will be affected and Possibly Negatively , I hope it does not happen because many human lives would be lost, money really does not matter if many of us are made to choose between people living or becoming Millionaires (in the case that I had a lot of BTC) but in every market speculation things happen for a reason , and I think that if this becomes a great fundamental, I hope that it is something temporary and has a Quick solution and things in the World improve so that the bull can go on its run without problems.

bangjoe

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Quote from: SpanishSoldier on October 02, 2024, 04:08:01 PM

Looks like the impending war won't let the bull to climb the mountain so early...

If a Bitcoin war can grow even higher than just touching the price level of $ 66k, but yes that kind of thing can not be predicted, we do not know what disaster schedule will befall Bitcoin, but this kind of thing as usual. There will be a high pace when they run out of ammunition, and that will make Bitcoin grow back.
Really a world that is not peaceful makes me feel uncomfortable with my Bitcoin ownership, I hope the conflict will be completed quickly and next year Bitcoin can grow crazy to print its highest ATH.

SpanishSoldier

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Looks like the impending war won't let the bull to climb the mountain so early...

AmoreJaz

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Quote from: Baofeng on September 18, 2024, 02:33:50 PM

Quote from: tabas on September 17, 2024, 07:58:06 PM

Quote from: SpanishSoldier on September 17, 2024, 04:27:29 PM

Looking back, it seems, This is the TOP was the correct answer, which has got ZERO vote so far! Undecided

That was the top before the halving but this bull run hasn't ended yet. The year is near the end and we're in the last month of Q3 then Q4 next. But give it all a chance up to 2025 and let's how it will perform. It takes 19% more gains from the current price of $60270 right now for Bitcoin to be back at that top. It may take time but if the basis will be the historical gains, that can be beaten easily. I'm speaking with all hope that we'll be able to see another top on top of the peak that we saw several months ago. If not, it takes patience for it to happen and we've got more than a year to assume for this bull run.

We still have some time before the end of the year, and since we have a new pattern of seeing a new all time high before the halving, it's really hard to speculate as where the price will be this year. I mean if we didn't hit that $73k this March, we could be still in a new all time high today. However, as I have said, pattern or cycle change this bull run, so we should expect the unexpected.

And then we have the geo-politics in the background, US Fed rate hike and then the Presidential election in November. This news might impact on what the price will be this 2024 and it could be positive. And so we should really wait and have the patience as believed that we can see 6 digits this bull run.

The truth is, speculation is easy but to what extent it will be accurate, right? So in this market, we are all just speculating about the price and act on it. So the difference here among spectators is that how they act on this market. And if you do nothing, it means, your prediction or any speculation is useless. You will just be a mere observer of this market.

Also, don't wait for someone to tell you to buy in this market. It is your money at stake, so you should know when to buy or not. Be aware also of some news as it can really have influence in the market price. One can always check cmc or coingecko for the trend. These trends will always give us a glimpse as to how the market turned out to be.

tabas

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Quote from: Baofeng on September 18, 2024, 02:33:50 PM

Quote from: tabas on September 17, 2024, 07:58:06 PM

Quote from: SpanishSoldier on September 17, 2024, 04:27:29 PM

Looking back, it seems, This is the TOP was the correct answer, which has got ZERO vote so far! Undecided

That was the top before the halving but this bull run hasn't ended yet. The year is near the end and we're in the last month of Q3 then Q4 next. But give it all a chance up to 2025 and let's how it will perform. It takes 19% more gains from the current price of $60270 right now for Bitcoin to be back at that top. It may take time but if the basis will be the historical gains, that can be beaten easily. I'm speaking with all hope that we'll be able to see another top on top of the peak that we saw several months ago. If not, it takes patience for it to happen and we've got more than a year to assume for this bull run.

We still have some time before the end of the year, and since we have a new pattern of seeing a new all time high before the halving, it's really hard to speculate as where the price will be this year. I mean if we didn't hit that $73k this March, we could be still in a new all time high today. However, as I have said, pattern or cycle change this bull run, so we should expect the unexpected.

I agree about that comparison if we didn't hit a new ATH before the halving, this price that we're having right now is still close to the ATH that we've got last bull run of 2021 and comparatively it's still a good one.

Quote from: Baofeng on September 18, 2024, 02:33:50 PM

And then we have the geo-politics in the background, US Fed rate hike and then the Presidential election in November. This news might impact on what the price will be this 2024 and it could be positive. And so we should really wait and have the patience as believed that we can see 6 digits this bull run.

The FED cut rate did most markets up again just after the announcement. The S&P 500, the stocks, and even Bitcoin. That only means are money flowing again to the markets when the rates have been cut, I think there will be another batch of these cuts. I'm not sure when but when it does, possible another positive impact to BTC's price.

Baofeng

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Quote from: tabas on September 17, 2024, 07:58:06 PM

Quote from: SpanishSoldier on September 17, 2024, 04:27:29 PM

Looking back, it seems, This is the TOP was the correct answer, which has got ZERO vote so far! Undecided

That was the top before the halving but this bull run hasn't ended yet. The year is near the end and we're in the last month of Q3 then Q4 next. But give it all a chance up to 2025 and let's how it will perform. It takes 19% more gains from the current price of $60270 right now for Bitcoin to be back at that top. It may take time but if the basis will be the historical gains, that can be beaten easily. I'm speaking with all hope that we'll be able to see another top on top of the peak that we saw several months ago. If not, it takes patience for it to happen and we've got more than a year to assume for this bull run.

We still have some time before the end of the year, and since we have a new pattern of seeing a new all time high before the halving, it's really hard to speculate as where the price will be this year. I mean if we didn't hit that $73k this March, we could be still in a new all time high today. However, as I have said, pattern or cycle change this bull run, so we should expect the unexpected.

And then we have the geo-politics in the background, US Fed rate hike and then the Presidential election in November. This news might impact on what the price will be this 2024 and it could be positive. And so we should really wait and have the patience as believed that we can see 6 digits this bull run.

tabas

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Quote from: SpanishSoldier on September 17, 2024, 04:27:29 PM

Looking back, it seems, This is the TOP was the correct answer, which has got ZERO vote so far! Undecided

That was the top before the halving but this bull run hasn't ended yet. The year is near the end and we're in the last month of Q3 then Q4 next. But give it all a chance up to 2025 and let's how it will perform. It takes 19% more gains from the current price of $60270 right now for Bitcoin to be back at that top. It may take time but if the basis will be the historical gains, that can be beaten easily. I'm speaking with all hope that we'll be able to see another top on top of the peak that we saw several months ago. If not, it takes patience for it to happen and we've got more than a year to assume for this bull run.

SpanishSoldier

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Looking back, it seems, This is the TOP was the correct answer, which has got ZERO vote so far! Undecided

Adbitco

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Quote from: CryptoHeadlineNews on March 11, 2024, 08:17:14 AM

And just 2 hours after you made this post, Bitcoin has just broken another New All-Time High of $72,214.7, as this could be seen in the image below, which is actually a good sign for all those who might have been HODLING on onto their coin all this whole without selling. As I'm very sure this recent Bull, Bitcoin is likely to hit either $80k or $100k

Henceforth , current Bitcoin All Time High is $72,214.7, which occured 11th of March 2024, time, 12:50p.m (i.e Nigerian time)

Have you currently check the price of bitcoin?
I think this is as a result of the halving which is about to take place in few days, there is a panic between the investors who are holding their bitcoin. As we always believed that during halving price changes and could find it difficult to scale through causing serious selling pressure (resistance) in the market, just take a look at the market within 72 hours bitcoin has dropped from $71k plus to $64k which is ~ 5 percent lost from it's previous price. With this reason I still believe the price would drop to 58k before halving takes place.

Topic: New ATH hit. Anyone, ever bought BTC, is now at profit. Welcome to fraternity... - page 2. (Read 865 times)