Bitcoin Forum

Bitcoin and ether surpassed Monday’s price records. In ether’s case, CME’s futures launch has given the asset more credibility than ever before.

Bitcoin (BTC) trading around $47,174 as of 21:15 UTC (4:15 p.m. ET). Gaining 7.1% over the previous 24 hours.

References: https://www.coindesk.com/market-wrap-bitcoin-record-cme-ether-futures (https://www.coindesk.com/market-wrap-bitcoin-record-cme-ether-futures)

The richest man in the world just 10% of his company balance sheet into Bitcoin to avoid loss of purchasing power to inflation, we're going so much higher!

Other companies are almost forced to follow suit on the presumption that Elon has made a smart move - He has.

There is a rumor (from what I've been told is a reliable source) Apple, Google & Oracle are next.

Selling here (or ever) is madness.

Here in Canada BTC is already at $59,175.   
To bad your To bad USD and Euros ,are lagging behind .. Lol.

To bad Canada is lagging behind Australia. Bitcoin price there is 60148.98 dollars, Australian dollars.

3 more working days till the end of this week and Bitcoin has great chances to cross 50,000 USD line. Anyway, this is just a matter of time when that gap will be passed. After Elon Musk's deed (recent $1.5 billion investment), world richest people will act in the same way and will push the price up.

The big party has just landed. Soon, more and more corporate buying of Bitcoin can be creating a big lack of supply and hence the price can be growing up and up. Bitcoin is now officially the darling of many moguls and some are already preparing to make their moves in anticipation of this coin's price reaching as high as $100K this year. Elon Musk definitely has opened the Pandora Box and there is nothing that can sealed it again.

This is just the start though, maybe we will see more big companies do what Tesla or other billionaires are doing right now. Hedge their wealth into bitcoin, fight inflation, so it's a win win situation for them and for us bitcoin enthusiast.

Now it's $48k and maybe we will see $50k next or even more. So let's see who are going to be suckered into bitcoin, I wouldn't be surprised to see other billionaires like in the other industries to get into the bitcoin bandwagon.

I can see a pattern that this next break on 50k will be easy like what happened at 30k being easily broken after a hard resistance at around the 20k. 75k is a far fetch for now but with Tesla's action, I think that there is more to come but 100k is not impossible, we never expected this current prices back when bitcoin was still 10 dollar apiece so we just have to trust the volatility of bitcoin and that it will only go up. One thing that worries me is that we might reach a prices that are unattainable for certain people which will defeat the purpose of bitcoin of being an all walks of life investment.

Like i have said and will always say, there is no stopping the bitcoin revolution. $48.2k will soon become the new normal price for btc. 2021 is the year where bitcoin price value will surpass our expectations. Watch and see!

Here in India, the price is 3% to 5% lower than the international market price, as users are wary about the incoming ban from the government. In most of the P2P platforms, there is a lot of selling pressure and the volumes are also low. Many of the vendors have also deactivated their account in these platforms (local KYC-compliant exchanges are also showing a similar discount and reduction in trade volumes).

BTW, there was a lot of resistance around the $20,000 level in 2020. It took almost a month to breach that level, as the prices hovered between $19,500 and $19,950. Now I am not sure whether the same will repeat with $50,000 level or not. After the 20K level, we didn't had any major resistance level to overcome until now. It will be interesting to know whether there will be a major resistance around 50K or not.

USD and CAD have different valuation. And the explanation for that is while Bitcoin was $47,174, US dollars then the equivalent of it on Canadian Dollars is $59,904 which is a close price to what you've said. That's why you've seen it higher but that's not in USD but in CAD.

Without a doubt, we'll see that soon. I hope that what we're seeing right now on $45k-$46k is already the new support.

This is a very good record from bitcoin hitting this much with all what is happening around the world that some countries are banning their citizen from involving in crypto and private crypto as they call it. This is really comforting to investors still holding passionately the coin

Been expecting this price and I am sure that it will not be the last time that we will be seeing another ATH. This year might be full of new ATHs with a lot of new active investors and traders. Higher demand because of new adoptions. I will not be so suepirsed if we reach a 6 digit price this year.

Elon did the right thing because sooner or later, other rich people are going to be ahead of him if he didn't purchase that bitcoin at that time and I am sure that more will follow his footstep on buying one. Your rumor is a little scary but I am willing to believe that it will go up but I can't have this rumor dispel the possibility that prices will go down because there is still volatility in bitcoin and I don't think risking a lot will be the best move for now, safest play is to hodl.

at almost $ 50k, is bitcoin still worth mining? I mean to build a device for mining then mine bitcoin, is that still profitable?

yes it hits the given target but it is down to around 40k and maybe it will be dropping more to it previous price. But you can not say for sure because of the unstable market and unstable economies of the world leading countries. But the predictions have been made that bitcoin will make its price to high as 100k in 2021 because of the online trading and stockes liquidity.

but nothing is certain let see what happens ...............

true it is very difficult to predict, when the first bitcoin ath in 2020 we saw at the end of the year and early 2021 bitcoin continued to rise, and a month later one of the richest people in the world musk came to bitcoin and is currently planning to build a project that spends a lot of money on tesla projects, up to hundreds of billions of dollars.

I think bitcoin will hit $100k in next year. It’s totally my opinion.

Demand of bitcoin increasing day by day. Recent big investment also effect in bitcoin market.

Wow, this was a big increase! It's currently $45k, but this is still a pretty huge amount of money per coin, to be honest. I'm pretty sure this spike was triggered by the massive Tesla announcement. I'm really happy that Musk seems to have moved from a shady guy who's occasionally pro or against Bitcoin to a full-on supporter. He is fond of new tech, so I guess it's natural that he finally decided to take Bitcoin seriously. And I'm really happy that there's an intention to accept Bitcoin as payment specifically, so Bitcoin is not only an investment for him. Meanwhile, a friend of mine got a transaction stuck for more than a day because she paid the fee which was okay back then, but then the spike happened very soon... So the question of making small transactions possible is still very relevant.

Nope its just 1% not 10%. Total networth of Elon Musk itself over 100B and they company said they are going to invest 1.5B in cryptocurrency for future usage.

I can't believe what I am seeing, bitcoin is currently pumping and pumping very high. This time bitcoin already break again the new ath which is $45,000 due to what Elon Musk do on buying an approximately 1.5b worth of bitcoin. I am clearly seeing that the bitcoin will eventually reaches around $60,000 to $70,000. I am hoping that it may reaches this price in order to set again a new record on the new all time high of the year. We really don't know what will happen on the next few days so let's just watch what would happen on it.

There's no mistake about the price or it can even surpass $50k for this whole year. Big investors and companies are betting up their wealth for bitcoin because they can see it's value that rises time after time. As you can see, even well known celebrities and sports players are investing on this currency. So nothing's impossible for bitcoin to rise its value up high.

We just had some healthy dips today, nevertheless that $48k was a new all time high for us.

$50K should be the next target, however, the Elon Musk news was not enough to pump. The good thing is that we have a lot of leg room now, we are still in February so $50k is doable in the next coming months, just a question of when. Big investors and companies are hedging their assets to bitcoin because it has the potential to even grow higher.

Yep, it seems to wonder how the market turns to a massive change after Elon Musk did. I definitely not expecting that we are able to reach $40,000 just having these institutional investors but this person creates such huge changes just only by having a tweet and hashtag below his name.

I'm not sure if this is just a trick or whatever, but I was glad enough of not selling my entire Bitcoin in the past days, I'm still holding maybe we can reach $100k someday.

i dont think it is a trick as tesla already bought their btc stash. and they are planning to include crypto as part of their payment method. so nope, they are not joking with regards to joining the crypto community. 50k is like at the tip of our hands already. and we're not even at the end of this month.
seems 40k has a stronghold now. really amazing whats happening in crypto these days!

Just like I said that at the end of winter we'll witness spikes in prices. What great news!!! I'm so excited about this!  :) ;)

This situation of Bitcoin becames tremendous for several hours, and if the trend continues to perform great; I think we're just near to touch around $50k at an earlier stage. Most of the topics and speculations was really hoping for good that we're going to reach that impressive value. But, always be careful after that huge pump happening! There could be faster declination of value because short time traders could quickly initiate selling their holdings for quicker profit.

Paddy Filan i think this year is going to be really big for crypto the hard part is knowing which one I think BTC will break out.
Eth Going in very smart way. Now little correction Of Btc to 44.5 and Eth to 1730$ but soon Btc will get 50k and Eth will get 2000$ All time high

Are the a lot of miners and mining farms in India? What part of worlds trading volume do Indian trader make? I've never checked that. If cryptocurrency in India becomes illegal, do you think it would impact on Bitcoins price?

I see that Bitcoin price got pumped by Elon Musk, and now slowly is going down to. If Indian situation turn negative, I guess its price might even go below $40k.

It looks like the Bitcoin price surge is unstoppable since, after Tesla, many big companies are going friendly with Bitcoin.  News like Mastercard planning to let merchants accept Bitcoin (https://www.coindesk.com/mastercard-accepts-crypto-payments) in their platform will surely put another boost to the current Bitcoin bull trend. Here is some quoted part of the said news.


I think $50k BTC is just around the corner.

On the other hand, a lot of people get liquidated because of the Tesla News investment in Bitcoin with just a few hours bitcoin pump so much.

To be honest, it's both a good and a bad thing for us if you invested in bitcoin already the pump could easily give you profit, but as well as we cannot buy bitcoin anymore at a much cheaper price.

So on the buyer side, it's a bad thing and on the seller side, it's a good thing as well. It was just getting started as other giant companies as well could invest in bitcoin.

The bull run will never end as long people are considering that it is still a bull run. This is a good thing for bitcoin because with Tesla's 1.5 billion USD worth of bitcoin purchase, the institutional investor money that was running dry in January is definitely getting replenished and this purchase could be a precedent to another flood of institutional investor money that the bitcoin market ever needs. In my opinion a 50k will not be a problem because chances are the prices are steadily going up and the resistance in 40k was difficult but another difficult resistance is not possible.

Well mate there nothing impossible when talking about bitcoin for sure it will happen sooner or we wouldn't know bitcoin price quite good and it always something to do with those billionaires who keep investing their liquid asset into bitcoin cause as we can see the bull run never stop and to be honest as long as you had some of bitcoin and you're still getting profit from it this it is really good for people it can be also be an eye opener for those who really wanna involved their lives with bitcoin. Well bitcoin price changes every second because it is normal for a volatile coin and on the other side since the news spread of what elon musk did about tesla of course there will be another investors coming in.

I cannot imagine BTC will stop growing anywhere soon. According to the WorldCoinIndex the price at this moment is $45,444 and believed to rise even more.

So you're lucky to come to you. I hope you already sell your bitcoin at that price. I think that is because of a different price from fiat in every country, making the bitcoin price different in each country. But I am sure the bitcoin price will pass $50k in every country.

I think people can still buy bitcoin at any price, even if they do not have much money to buy a big satoshi because people can adjust their money to buy bitcoin in any satoshi. Bitcoin will be their investment as gold, so if they can only spend $100 monthly, they can still buy bitcoin and hold it for the investment. Once this is happening, people will search for the other coins to give them a chance to make more bitcoin. We still have much time to see the bitcoin price reach $50k to accumulate more bitcoin from now on.

I am sure it will increase to more than $45k-$50k. Just wait and see while you can prepare your bitcoin to sell at that price.

The hype around Tesla and Musk is more or less consumed.The current Bitcoin price is around 45K USD and slowly going down.I thought that the news around Tesla will start a "snowball effect" and more corporations will join the Bitcoin community,but I was wrong.I guess that all the institutional investors are extremely cautious,when making such investment decisions,so the Bitcoin bullish movement will be delayed for a few months.

To be honest I wasn't surprised a few days ago Bitcoin managed to hit the price of $ 48k, and became the new ATH price. Because I do predict that
in February Bitcoin will reach a price of $ 50k. So I believe the Bitcoin price in the near future will hit a price of $ 50k soon. Therefore, don't be in
a hurry to sell the Bitcoin that we have. Because the Bitcoin price increase will take place at least in the next few weeks. So just HODL our Bitcoin,
if we really want to get maximum profit.

There are something different about the increasing price of bitcoin this year. In 2017, the increasing price of bitcoin was caused by the individual big investors and whales. While this year likely the increasing price of bitcoin is caused the rising of institutional interest in digital currency, I think this is understandable as this pandemic decreasing physical human interactions. It seems that Central Bank Digital Currency project is one of factors that influenced it. This is a signal that bitcoin will get mass adoption soon.

It will soon reach $50,000 no doubt about it. The current situation where more popular investors dive into Bitcoin investments drives the market crazy. Cryptocurrency will soon be the new trend of investments arround the world most especially Bitcoin.

Im confused if i have to buy now or not...i regret my desision to not buying when the price drope to 35k and i was waiting for lower price but it seems hard to see bitcoin under 40k...what you advise to me broo

Today Bitcoin Price make another new ATH. Last Few Months Bitcoin price booming, so big Possibility this year bitcoin price touch $100k

I could just imagine the smile Elon Musk must’ve had when the price is reaching a new ATH again. Could it be possible that Bitcoin will reach $50k before the first quarter of the year ends? And this is also one of the reasons why it is better to hodl than sell them when the price is still increasing.

this time has become all very important because if in the next few months the price does not rise much more than $ 48000 then analysts who do not like bitcoin and who are saying that Tesla was wrong to buy many bitcoins will be right and consequently many people will sell bitcoin. I think that in the coming weeks it will be very important that the price increases a lot

Buckle up guys!

Next day we see new record make by bitcoin and waiting when bitcoin raise above $50,000, I think few day later maybe bitcoin success make new higher price but many people have disappointed why not invest when bitcoin have lower price. Maybe bitcoin become most success currency transaction for the future and price keep up.

Really a good news for all bitcoin lover and bitcoin holder. I hope it will cross $50nk very soon and market goes up and up. Some people said don't buy bitcoin now. But bitcoin makes them fool and going so far ..

There will be more fantastic milestone Bitcoin price will hit soon, this just shown to us that we are just at the beginning of this bullish status, there are more good news ahead of us that will definitely skyrocket the price of Bitcoin than what we have right now. We are hearing rumors about another giant in technology warming up for Bitcoin adoption(Apple and others) if this happen then we are just at the beginning of growth in regard to Bitcoin price.

the next days / weeks / months it will continue to rise. people will keep coming to bitcoin and companies will start to understand and accept the inevitable. mastercard, tesla, uber, paypal are just the new ones, so many won't follow. the massive acceptance will raise the price. As we know, the offer is limited.

2020-2021 is a bullish year for bitcoin as many companies and institutions start to join forces and adopt bitcoin.
As happened some time ago which made the price of bitcoin reach a new ATH again at the price of $ 48k, Tesla bought 1.5 billion Bitcoin and this is a big event because Tesla CEO Elon Musk was also very influential for the increase of several other coins such as DOGECOIN which was able to reach ATH.
just up 1000% in just a few days.
The current bullish market is different from the bullish market in the previous year.
This is a new history that bitcoin and several other altcoins have been able to achieve.

The price of BTC will be always increasing and (mostly) reaching new ATH again once there is big positive news as fundamental reasons. Fundamental news will really give a big influence on how this coin can reach again the higher and higher price.
Like what happened to this coin, after buying and umping DOGE, Elon Musk and Tesla again made a surprise by buying BTC and that is not a small amount of this coin.
This will probably lead other big companies to be interested in Bitcoin (not sure but there is a big chance).
So, many people also get into this coin and make the new ATH again.
But, the question is now that how long it will last at that rate? If Tesla decides to sell their Bitcoin, it will also give a big impact t the market.

A lot of people say Bitcoin will immediately dump to a price of $ 20k when it manages to hit a price of $ 42k. It turns out that until now the Bitcoin
price continues to rise, it even managed to hit a price tag of $ 48k. Although currently Bitcoin price has dropped to a price of $ 46k,  it is clear that
the $ 45k support price is very strong. So it's possible that the Bitcoin price will pump again in the near future. I predict the next target for Bitcoin
will reach $ 50k in the next week.

Bitcoin all time high is not stable yet, though is on the confirmation that it actually hit $48k but is not stable

Bitcoin price is now pumping in very best way as Tesla buy Btc. People have transfer their funds to Btc and soon will hit 50000$ . i have not invested in it . waiting for small correction and i will put my investment in it.

I don't think that even this level is going to be the end. This bull market is different because it's dragging on much longer than the last one. In 2017 it was basically 3 weeks and it was over, now it looks like it's going to go slower and possibly drag on for months with minor corrections along the way but without a big single pump followed by a crash.

I heard a smart thing said by a number of analysts that the top will not be what the majority expects.

then Fell low down to 44,000$ after, But now recorded another ATH again as the value hit All Time High Feb 12, 2021 $48,745.73 according
 to Coinmarketcapitalization.

So this time i am pretty sure that we are road to 50k$ , and this wont end this year that we will not taking this one.

or maybe to 60,000? within this February ? because the manipulation from the past seems not effective this year.

This bull market is different from the previous bull market. However, to be the final level is still uncertain. Because the current fundamentals are very strong with the news of Tesla buying bitcoin. This created a good stigma around bitcoin and following other companies to join and adopt bitcoin.
if bitcoin is running slowly it will be an opportunity for altcoins to reach its new ATH and is commonly called the Altseason.
Some analysts have different opinions about the future of bitcoin and what it will achieve. But Bitcoin has a good future and a good trend.
$ 50k is about to hit and it will set another new record.

Pretty soon this month we will see the bitcoin' prices rise to 50k+ USD. And I think it's because more big companies are investing in bitcoin, and Remember this is the Year of the BULL! More good things will happen soon

Those that burned 3 years ago are likely to be more wary before riding the bandwagon.

While this year seems to be pretty good for Bitcoin especially after those huge announcements, I'd rather wait for a sale.

Little correction now but I think will continue for correction or not almost one month bitcoin still not yet for lower price, bitcoin can break to higher price but need correction first before coming to higher price. I want to see bitcoin keep stable above $50,000 and give little space for altcoin more dominance and make altcoin price can allow with bitcoin.

Let’s hope so.

This sounds good. Crypto world is busy again. I think this will continue to rise again but I don't consider this as a bull run yet.  People who in here who were still holding their ETH and BTC since then will be much happier. 

Just check CMC and it says $49,125.11 as the highest, so this is a new all time high again. But not enough to go an punch that $50k barrier.  So it's obvious that there are speculators mostly day traders who sell at the top today. So congrats to everyone for reaching a new all time again although it didn't hold. LOL.

It make me really think that it only takes one good news to make bitcoin price goes beyond $50K.
Then if we breakthrough that price we can be sure that BTC at $100K++ is not just a dream or even a million dollars for 1 btc.
This year is really the year of cryptocurrencies more specifically bitcoin for sure.

I personally didn't see the price hit that, but yeah, I check coinmarketcap, but the thing is that it didn't hold that long, so we are back to $48k, not bad though, Valentines day new all time high, will take it anytime.

Looking for news that might influence the sudden spike, so far I haven't seen any that could influence the market for a sudden spike and record new ATH.

breaks $50k in next 24 hours I believe

It's just a couple of time before Bitcoin hit the $50k mark we are now currently at $49, perhaps an hour or more then we will set a new ATH.
I assume that after hitting $50k there will be a major correction as those holders will try to sell-off, but this is not necessarily mean the rally was over, I believed we were just starting, a little more push for large investors then Bitcoin will surely hit $100k this year.

Over doubled its price since 2018, 2020 and 2021 is indeed a crazy year for crypto. Just recently some site which I nearly forgot had some referral commissions totaled up to over 40 bucks, dang.

I thought it would break $50K today.

The price is increasing to $49.3K, I thought it would continue but it didn't. Maybe it will be trying tomorrow or the day after tomorrow, the price is still going strong so we should really expect that the price will be reaching that price mark. I think the next ATH will be at $51K, I will not be surprised if I sleep today, I will be seeing the price at $50K tomorrow after waking up.

Yes, it could go up to 50K and it will only take a slight increase to reach that price which I think will happen in the near future.
Bitcoin price movement is currently doing very well and continues to increase towards ATH for the new ATH and all expectations have been met and evidence of growth and adoption of bitcoin continues to grow and develop, and I think the 50K price will happen tomorrow or maybe the day after tomorrow

approaching the $ 50k price point looks like it will be good to make bitcoin the real king this year, I can't wait to see the good news. if indeed the price of $ 50k can be passed, it looks like the price of $ 60k, $ 70k and then it can be achieved as long as bitcoin can be consistent and stable in an increasing position

The price touched above $49500 for a brief moment and i was glued to the screen expecting the price of bitcoin will cross the $50k or the first time because it is a historical moment and a valuation i laughed off a few years ago when i used to see speculation about the price reaching $50k, but then there were many sell orders and the price went down which was expected and we might see this range for a while before it crosses the valuation.

My be the US dollar is showing its stress finally, may be we will have a detailed report in a few hours regarding the spike.

It will take some time to breach the $50,000 level, because the resistance is too strong. And also, it took almost a month to get past the $20,000 level. After hitting 19.5K, it took around 4 weeks to progress another $500. I assume getting past 50K may take even more time, and that is unless some whale jumps in with a few billion USD of funds. But once the 50K level is breached, it is going to be a smooth ride to 60-70K.

Today Twitter bought some crypto so the price of bitcoin hit 49k $.. I think many big investors Will invest in bitcoin those days so in the next month we'll hear that bircoin Will hit 70k $. It's good idea to wait a few months And sell some bitcoin.

I want to believe it, but judging by the reasoning on the forum, such a price dream a lot of people!) And we know that the market goes against the crowd... Moreover, tomorrow is the new week, we'll see... ;)

$50k is no longer as farcetched as it seemed to be from last year, hoping this carries on so more people can be persuaded to buy bitcoin, we are desperately in need of fellow small-time investors who are willing to hodl their coins in order to counterbalance the ever increasing amounts of high-rollers and whales in the market.

bitcoin will still pumping until it reaches 50-60k Usd within this year. bitcoin price now is quite high and advantage to those bitcoin holders that they gain profit. Slowly bitcoin will get up and most people would love to engage in bitcoin or crypto currency. expect bitcoin pumping price these upcoming days surely it will go high up to moon.

Still pumping indeed, the market shows strong upward movement and it's nearing to $50K.

We are still in this early quarter of this year, following the market if the progressive movement continue without big crash or correction, it will make more money for those investors and holders who continue  being bullish and still keeping what they've got. Though it's very tempting as the value right now is really huge and already giving huge profits.

Yes, this is only close to 50K but it is unlikely to happen anytime soon as bitcoin has now dropped back to 47K and it will still take a few days to reach that price.
maybe there are some investors who sell because of big profits and there are also those who hold them waiting for a new ATH, but what we see is that the price of bitcoin tends to go up even though it has dropped a little and will rise again above the previous price and continue to display new ATHs.

*fair market correction...
Q1 2021 Bitcoin price continues to rise because it is supported by good news, it has not been able to penetrate $ 50k because there is no more support. if in a few weeks or months another large company is buying Bitcoin then $ 50k will definitely arrive.

The market has been moving up for almost a year...
Someone has been selling bitcoins all this time, and someone has been buying... It turns out that there are more buyers than sellers! For now, it is necessary to buy on drawdowns and hold! ;)
Moreover, the market began to be manipulated by Elon ... I think that he will help push the price up!

Currently its ATH is at $49k which is hitting a new record again. Will it reach $50k before the first quarter of the year or it’ll be bearish after. It’s a good thing a lot of people are now investing bitcoin, I know a lot of my family and friends who have just invested early last year and just realized they should’ve invested way way before when I told them 4 years ago.

Bitcoin could go farther than that, hoping that bitcoin could reach $100k within this year, we have seen many people especially those big names that ate now trying to buy and invest in bitcoin and those persons can attract a lot of people as well. When Tesla bought $1.5 billion worth of bitcoin, I got surprised and think that it would be the start of mass adoption but maybe we have to do more than that, even though we didn't see huge mass adoption, we can still see the progress.

Even if we didn't hit $50k in the first quarter of 2021, does it mean that we are in bearish mode again.

Again, bitcoin's narrative has change a lot with this huge money coming from big companies like Tesla. So I think we just started the bullish phase with just minor drop in prices. But I do agree that $50k is a big barrier for now. We almost at arm's way but then again after setting a new all time high yesterday, we see some sell-off. And so again we will try to attempt this big mental barrier again this week and we could be successful.

Earlier this year many predicted bitcoin price reaching $50k and it was as if it's impossible because $50k was a bit far from it's actual price, but with it's current price and how prices are moving it's clearly seen that bitcoin will surpass $50k, it's a good movement bitcoin hits $48.2k and for me I think the bullish season has just started we will experience more high prices.

We came so close to breaching $50K. According to Coinmarketcap, today's daily high was $49,487.64 (I have seen $49,700 in some other sources). Anyway, I am not disheartened. Eventually this resistance level will be breached. That is almost a 400% jump from the prices we had 12 months back. A year back, no one would have believed if you told them that within a year Bitcoin will touch $50,000. Congrats to all the long term holders. Out patience has paid off. And don't sell all of your coins yet. My target is $100,000 for the short term (by 2022).

Many speculations, market prediction, I think most of us now are in the hypes because we saw the market really moving high. But thinking for $100k within this year seems to be possible but just a slim chance. Why? Because that was too much, Bitcoin will be turned to be overpriced for that time and I don't think if there is someone who can afford to buy that or just wait for the market to calm down. I also not buying that time, I'd rather have to choose altcoins which give me a chance to make money more than having Bitcoin.

I think it even got to $49,500 before it gets rejected by the resistance plunging below $48k. Maybe it was all because of that FUD by the US government where they don’t like corporations to replace US dollar with Bitcoin in the balance sheets like what Tesla is planning. The US dollar is currently the world’s reserved currency, and the government ain’t letting BTC gonna replace them anytime soon.

The US government will be in a very difficult position, if the corporates dump their US treasury bonds and replace them with BTC. This can't come at a worse time for them, as the Biden government is about to finalize the $1.9 trillion stimulus. If there is no demand for US treasury bonds, then the government won't be able to take debt at low interest rates, although such a scenario looks remote now.

Right now, none of the other corporates have announced that they will sell their treasury bonds. The demand for these bonds in the market remains quite strong, and as such the government doesn't have anything to worry in the immediate term. But in the long term, there is a strong possibility that the demand for treasury bonds may subside if the interest rates are much less adequate to make up for the fall in purchasing power.

Now the Bitcoin price has reached 48k. Such a good start of the week! I expect that 50k will be already at the end of this week. GO, BITCOIN!

This results from the patience of those who have held bitcoin for so long who believe that bitcoin will reach $100k. I think soon bitcoin will touch $50k.
I'm going to go on and hold the bitcoin until the price is high. Perhaps now  many traders  and  investors are  convinced that  to break  through $100k,
it could happen with a correction of course, before reaching that price.

I am checking the exchange rates at Bitstamp, and for quite sometime the prices are hovering between $49,400 and $49,600. There seems to be a lot of resistance around $49,500 level. To breach this level and move forward, Bitcoin might need considerable push. And despite the fact that we are so close to the 50K mark, I don't expect Bitcoin to touch that level today, or during the next few days. There is going to be a lot of volatility around $49,000-$49,500 levels for some time now.

You are correct there is good resistance at $49500 level but, I think Bitcoin will break the 50k mark before the end of this month. It has been breaking all its previous ATH from last year December and 50k will be broken.

In fact, the price of BTC rose by nearly 25% in 7 days, with market sentiment bullish towards neutral.

Now, as far as the Bitcoin market is concerned, there is a concentration of 10% on the largest holders of the asset and this is a good sign for the price rally. In addition, both Bitcoin's active addresses and the supply of stable coins such as the USDT remain high, a reassuring sign that BTC may recover after a slight price adjustment.

These findings appear to point to an extended price rise until the price reaches $ 100,000 according to the S2F model (or S2Fx) of Plan B.

Just checked on Google and it has went over 49 grand again. I wonder if it could breach 50 by tonight.

The bull run is indeed exhilarating yet scary at the same time.

Two weeks time may be enough to breach the resistance at that level, I guess. It has been almost two weeks and another two weeks should do the job. I still remember what happened when BTC hit $19,500 mark last year. It took a long time to breach the resistance between 19.5K and 20K. I guess a lot of individual investors have set their selling target at 49.5K-50K and this is the reason why we have so much resistance at that level.

An hour ago bitcoin tested 50500...
Now the price has fallen back to 49,000...
I hope that this is just the beginning and soon we will finally overcome the 50K! ;)

Oh, I didn't notice that!

It's totally crazy imagining a digital coin pushing boundaries no other thing has ever done, with the exception of the Berkshire Hathaway stock ;D

lucky for those who were saving and holding back when bitcoin hadn't reached that high price..
and I'm sure this year Bitcoin will definitely go to the moon

Bitcoin Hit $49k Wednesday's price records. May its passed today $50k.

Bitcoin have been doing well for the past few months and I believe bitcoin is still going to do better in the nearest future. Bitcoin already hit $50k and I believe it is still going to do better, currently lots of people have been complaining about bitcoin price and they have been scared to invest because the thing bitcoin is going to dump very soon, but all am expecting is correction which is normal I believe bitcoin price is still very low and if you are not holding bitcoin in your wallet before this is the best time to Buy because very soon bitcoin will be super bullish and you will endup regretting why you don't buy when it was still low.

Well, new ATH to target now bois
https://i.pinimg.com/originals/d0/49/1d/d0491d3d235d3c6770014825af0d2961.gif

it seems like last night ATH was renewed again from bitcoin, and this will add another long waiting time to step into renewable ATH again.
if it is true that the halving is going well then the $ 60K period is just a matter of time, even though now it is down again but it is normal for bitcoin. he will correct quickly and come back up again.

maybe bitcoin will reach the price of 100,000 $ in the near future, currently bitcoin is priced so high and there are still a lot of enthusiasts, I hope in the future bitcoin will be used as a means of payment throughout the world amen.

I think as soon as some giant invests a lot of money in bitcoins ;D

The price is already higher. When do you think the price will reach $55k ?

As you said, it immediately happens.

Right now, we are still sitting at $52K and I think we might reach $55K this week. I don't know if it can hit $60K this week but there is a possibility that it could. Another resistance might be keeping the price from increasing the reason the price is sitting at $52K. I don't think the price is too weak because if it is weak, it should be now back at $49K. 

In my opinion, it is difficult to find any levels now, because historically they have not yet formed! ;) Therefore, guessing the price of bitcoin now is just guessing on tarot cards! ;D
After bitcoin broke through the 20K level it is very difficult to predict the price and how long it will grow!

See if we break past any of the recent action to retrace back into this area.   A pullback is reasonable considering the rate of gains that's occurred.

https://talkimg.com/images/2023/06/12/Aj5sv.png

Lower is 2 day average, its really not even bearish to push past this.  I want to see it test the weekly average and then how does action occur then.    That'd get us to about 52k and we can confirm this ATH prior action as  a low and it makes the market more bullish not to just go straight up without checking back, its something a bit ironic and throws some off.