Bitcoin Forum

The USD is losing value. The EUR is losing value. All national coins are inflationary, energy prices are through the roof and still BTC is only $36,500! People should buy BTC like crazy, this is something I don't understand, they keep using the crappy FIAT instead. FIAT will all make you poor! Don't come crying here after when BTC hits $100K, but FIAT is the worst investment someone can make these days. BTC is still cheap as peanuts considering its potential, too bad people don't see it, have fun staying poor and keep making those bankers rich. Unbelievable.

What's the rush?

Bitcoin is working as expected, this is how it compares to the USD in the long term (https://usdsat.com)

It is okay. I understand that due to the debt that has been reported from these big countries, there should be some reaction in the bitcoin market. But as said, there's no need to rush. It will come eventually and we're going to be at favor once it happens.
We're almost at that price but it was rejected. Let's wait for the reversal and who knows if this assumed year of bear will break that cycle and we're going for another bull round.

As of now, the price is good timing to enter the market and it is expected to increase again due to its popular demand when those people who are patiently waiting for the lowest price enter the market in flock after they see the price slowly increase again. Looks like it's hard to believe but if it's not the case right now, then it will surely increase again after months of patiently waiting. But when you decide to invest today, prepare to hold longer than expected and don't think about your investment for a while and the golden advice is, don't take any loan just for the sake of investing in cryptocurrencies.

Pretty simple.

1. A lot of people(especially in 1st world countries like the US) are living comfortably thinking they they don't need bitcoin.
2. A lot of institutional money(or people in general) still think that bitcoin is a scam/fad.
3. Still, even today in 2022, only a very small majority of people(and bitcoin holders) actually knows it's importance. Most are here thinking that it's a get-rich-quick scheme.

There are a couple of reasons actually.
One is the fact that inflation is not a new thing. Fiat has always been losing its value so people are already used to it and we know that we can't really expect major changes in human beings since they always remain the same through the course of their lives. So they stick to the sinking ship of fiat, specially as long as the inflation is like before. If we get a massive dump where fiat loses its value by a lot (like 2008 recession) then it could be a different story.

Another is the fact that the media and governments with the help of the corrupt banking system have been spreading a lot of false information about bitcoin. They have been doing it for as long as bitcoin existed. So at this point we have people who believe the FUD a lot more than the reality. Someone who has been told for 13 years that bitcoin is "fraud", is not going to wake up one day and see the reality that those who were calling it fraud are the biggest frauds of our time.

I should also mention that the rise is still happening on a big scale even though we always expect more. For example on January 2020 (2 years ago) price was $7000 and today it is almost $40000 which is almost a 7x rise.
Granted we are sitting at a weird price today that in my opinion is heavily under the intrinsic value but you have to admit that if you zoom out you see a significant rise.

First I want to ask: why just 75.000? Why not 100.000 or 50.000 or 10.000? The number is a bit arbitrary.

If we see the long term picture Bitcoin is evolving pretty well, like #2 already wrote. I suggest not to compare the current price with a short-term peak like the 67.000$ were, but with a moving average like the EMA-200. The peak of this indicator was about $50K, so we're not that far away from it.

The last downtrend which led us into the 30-40K range again was probably fueled by the downtrend on stock markets (fueled by expectations of rising interest rates), while for Bitcoin itself there weren't enough news to really diverge from Nasdaq/S&P 500 etc.

But I want to emphasize on two aspects mk4 wrote about:

I completely agree here. There is still no general consent in the public opinion that Bitcoin is more than a very speculative asset. And that's bad in many ways, and will also make regulation sharper and sharper if this trend continues.

The community, however, can change that. Simply using Bitcoin more for payments, and above all make Lightning Network grow (because on-chain there isn't so much space for massive adoption as a currency). It is already growing on a nice rate but still very small. But if it reaches a certain point, even institutional investors will recognize that Bitcoin is increasingly adopted as a currency. And then we can see 75K, 100K and even more.

Always remember: If you pay something with Bitcoin, you don't lose anything. Simply re-buy the same quantity of Bitcoins you spent. And then you've strengthened the ecosystem.

Bitcoin is still a speculative asset, and it's still subject to wild price changes as people can freely leave or enter the market. We almost got close to $70k last time, and right now we're at $30k+, which shows bitcoin's highly volatile nature. Also, most people don't understand their economy, and even if the value of EUR and USD is tanking, they would still think that keeping their money in banks is the safest way to weather out this storm.

How about the money that went into alts instead of BTC as another reason? It's possible that $75K would have been reached if there was only BTC.

I've seen a diagram showing the flow of money in different phases of a bull market and it's something like Fiat > BTC > Large Caps > Medium Caps > Low Caps/Gems then goes back to fiat/stable coins once the market turns bearish. The process is repeated market cycle.

Same here. I am also wondering why Bitcoin's price is still stuck this low when good news are around us. Shouldn't it be $100,000 or even more by now? The pandemic is still with us. Economies have yet to fully open and recover. Fiat are losing value much faster. Inflation is surpassing tolerance level. People are still finding better ways to keep their wealth.

But I guess the number one reason why Bitcoin is still this low is that the bulk of Bitcoin's circulating supply is in the hands of a few whales or institutional investors or whatever. If two of these whales dump, the market could move downward. I don't think the demand coming from retail investors could absorb a strong inflow of dumped Bitcoin from huge investors. Not to mention that many of these retail investors are simply making action depending on the current market sentiment. They fear; they FOMO; they just react emotionally. And Bitcoin is still not that widely known.

bitcoin PRICE sits within a window of value

which that value window is between $35k - $85k (cheapest:expensive mining cost) using majority current gen asics
though some decisions are made on forex crisis and stock markets. can affect the price within the window, this sentiment doesnt really have much of a price push, much of the time, and it doesnt affect the value window range at all

what is actually happening though is next gen ASICS which is bringing down the window value
at the current 190exa
current gen s19 pro 110thash - value window - $35k-$85k (cheapest electric region to most expensive)
next gen s19 XP 140thash - value window - $28.5k-$71k (cheapest electric region to most expensive)
next gen s19 pro+hyd 198thash - value window - $22.5k-$67k (cheapest electric region to most expensive)

this means the price will sit somewhere in the middle of the window.
right now hardly any asics are running at this new window. meaning the cheapest countries do not have many miners mining for $22.5k/btc
but as months move on if the hashrate stays the same the value window can come down with more support for the new lower number window range

but with that said, because new asics are coming, the hashrate could go up (add more asics rather than replace 1:1)
meaning the hashrate if asics were all:
    (s19 XP 140thash) require hashrate of network to go to:
          235exahash to maintain $35k-$83k window (market price wont go below $35k or above ~$80k)
          290exahash to grow window to $43.4k -$102.4k (market price might go to $100k but only just if lucky)

    (s19 pro+hyd 198thash) require hashrate of network to go to:
          295exahash to maintain $35k-$110.8k window (market price wont go below $35k but might go to ~$108k if lucky)

so lets hope to see hashrate move to ~240-300exa to keep good value going soon

@virtualdn, in my opinion, you don't think realistically at all, because you expect everyone to think like you or have knowledge like you, and that will never be possible. Considering that Bitcoin is extremely volatile and risky to invest&store, why would anyone buy Bitcoin at the moment if there is some general opinion that we are in a bear market and the price will only go down?

It is true that fiat is losing value and that inflation is gaining momentum, but the price of BTC has halved in just a few months, which is more than a good reason for most to stay away from risky investments. Fiat is what people live on every day, and few have enough to set aside a percentage for risky investments, especially in the long run. But again, when we look at how much money is going in the direction of the NTF, maybe a rabbit is lying in that bush :-\

I think that is because people still trust fiat. They do not want to see a new chance to become rich. Besides that, they are not open minds accepting new things that can be worth investing in the future and still trying to use existing investment. We can not force them to like or use bitcoin because that is a personal decision that we should know.

They are afraid to use bitcoin because of the volatility and are not ready to see their money values change from time to time. But if bitcoin soar to the very highest price, they will regret it and blame themselves why they do not listen to us. Let them decide whatever they want while we can enjoy our time accumulating bitcoin at any price we want.

Well,fiat money are not an investment.They are a medium of exchange,which is necessary for everyone to buy food and pay the bills.Unfortunately you still can't use BTC to buy food and pay the bills.
Perhaps you should be making such "angry" posts on social media,rather than a Bitcoin forum.
99.99% of the people here are Bitcoin supporters.You don't have to convince them that Bitcoin is the future.
It's weird that the BTC price dropped from 38K to 36K USD in one day.I guess that the market turbulence will continue until the end of the winter.The bull run is postponed for the future.

For people keeping money in the banks FIAT IS an investment, but a lousy one.

It's my right to be angry and it's your right to not agree with me.

The levels of inflation of the USD and EUR might be above those that are expected and considered desirable, but they are nowhere near the level that could cause enough panic for people to look for alternatives. And the current low price is definitely not helping people to see Bitcoin as trustworthy: it is easy to imagine a potential line of thinking by a person who isn't a crypto enthusiast: the USD and EUR are losing some value, but Bitcoin's losing way more, so fiat is still a better option. I'm not surprised or disturbed by the current price. I think it will reach $75k in 2022 or 2023, but not due to people running away from inflation of fiat currencies.

Again the same story started and people are talking about the price situation of the bitcoin and complaining. That's maybe because all the investors expect to see bitcoin price always in bullish and uptrend situation, while not just taking about bitcoin but on any other markets the price sometimes needs to rest and save some potential for reaching a higher target, also if the price was always bullish we could expect even a market collapse, so seeing this situation for the price is not that bad and that's just like bitcoin is being sold with some discount for buys who want to buy more bitcoin.

There are so many things that could have happened with Bitcoins, at the end of the day we have to understand that pandemic is not a very kind economic situation at the same time the government is not so keen on letting some good thing in everyone's life that easily. I do think that these assumptions at a bit too high since what we have already achieved seemed over the top. The price of Bitcoins crashed after the previous hit and at the same time many governments have banned mining as well. There are countries like El Salvador adopting the bitcoins but there are other banks urging them to drop it because they won't give them loans perse. This is a constant battle, a constant back and forth between all those people and therefore I do think that whatever the situation is we are doing pretty good at the moment.

I will wonder if there are people who hodl fiat like bitcoin for the purpose of asset and volatility in expectation of value increasing for profit. This will not be the case, bitcoin and cryptocurrency are for hodl and investment but what I think about fiat is to save and buy and sell but if it increase that is addition of profit.

There is a lot which is going on behind our naked eyes which is a deciding factor for the bitcoin's price and it would be foolishness to assume that bitcoin's price will keep increasing till the level of infinity. A sudden dump don't scare me but this gradual dip which we have seen last few months scares me because we are in dilemma whether it's a buying phase or we will be trapped.

I would suggest we need to be ready for both dump and dump, also for some crazy rules from the regulator as I have heard crypto tax has been introduced in India wherein crypto incomes will be taxed at 30% but they cannot show the loss for any tax exemption which is the worst thing to happen if other countries adopt such rules.

That's the thinking for most of the people as they do not feel eager to buy bitcoin when it is cheap under 40k. Do you know when people will rush to buy bitcoins?
I tell you this strange behavior of bitcoin investors. You will find the rush of people to buy bitcoins and FOMO when bitcoin reached again All time high. When bitcoin will reach 100,000$, you will find even more rush from retail and the general public to buy bitcoins.

The rush? I've never sold a bit of BTC since 2013 and I'm starting to get bored, that's the rush. I want to feel the fruits of my labor too. Don't plan waiting 10 more years.

There is a very big gap between the informed and the uninformed. See what I have to show you below, which is the reason of no rush.

The first world countries
These countries are somewhat stable and the citizens of these countries are satisfied with what they have. Perhaps they have job security and a reliable retirement plans as individuals and provided by the government. So, they might not see the need to invest in what they do not understand.

The third world countries
These countries lack genuine information as they are often misinformed by their leaders. They have no option than to believe and rely on the fiat which is tangible and dear to then.

The poor
The poor doesn't have the money to invest. Even if bitcoin falls to $100, there are millions of people that cannot afford it. So, how do you expect them to rush at $36,000?

The rich
The rich will always go to the bank and borrow the savings of the  poor and become richer. So, why the rush?

Btc will get there, no rush...

You could have sold it last year when bitcoin had reached its ATH twice. Definitely, not today since all your efforts from hodling will be totally gone, better keep on buying this time while there is good opportunity to buy. However, if you're not still in need of fiat or don't have any urgent needs, so what's the use of selling? You can generate more profits if you can hodl them for a longer time since bitcoin gives a new peak every year, much higher than the last years ATH.

Why buy like crazy while you can do it slowly? We don't need to do that actually since upon buying we need to think smart since in the first place bitcoins is mot majorly adopted yet and people mostly here are buying it for investment purposes. Many are just flipping it up to earn additional money so its bad if we got caught on its bad day since we will let our money sleep worrying about on when this one pump up.

BTC is cheap? It is only based on your perception, I don't think BTC price is cheap right now. Moreover, we know that we are going to have a bearish season, the price of BTC to start decreasing much. So, people who didn't buy BTC right now can't be said very bad or stupid because they know when the best time to buy is. Sometimes, we don't need to hurry buying BTC, before buying we must learn the market condition and wait for the lowest price.

I'm guessing they're still thinking that Bitcoin isn't needed for the inflation that's happening. Or, a lot of people just don't know about it. Not to mention that the general trend of Bitcoin right now has been downward, so it pretty much just added a reason for people to actually avoid investing in crypto. Most people wouldn't even start thinking of Bitcoin as a way to avoid inflation, after all, it didn't become famous (to most hype investors) because of that, it was because it could bring in money.

Perhaps there are still people who really can't grasp the concept of bitcoin. Specially on how volatile it is, maybe they question on how it could be a hedge for their wealth, so they are not willing to take the risk.

And I would say, only hard core bitcoin enthusiast are left in the market right now, those investors like you and me, and the speculators, who traded and make some short and quick money out of the market.

from my point of view maybe it's all a market game, and for sure one day there will be a price increase when the transaction volume increases and maybe the role of famous people can change the price of bitcoin to be high again.
Let's just follow the current movement, that is don't let it there are downsides and regrets when trying to invest in crypto, especially bitcoin..

If people dont buy Bitcoin then its their problem. We cant coerce anyone to do as we say since we have our own way of thinking and belief on this matter.

On the other side, fiat is existing for long years already so its just normal that majority of people prefer fiat over crypto and its not surprising if some people dont know the existence of Bitcoin since not everyone are aware of whats happening online or has an access on the internet.

Hence, even the price is not as high as before, dont feel bad about it because it will certainly increase in time. For now enjoy the ride and refrain from monitoring the market for a while.

And we are still in the situation that we can't use BTC in making transactions too. The need to convert the coins to fiat in order to buy something out of a store. The price of BTC being $37K already is actually very high for regular people which if they discover the volatility they will back away from BTC and just hold fiat. Although its a good time for an investor who has money, it might not be a good time for someone who sees uncertainty of the future.

Chatting with someone who had traded Bitcoin for a while and he is just going to enter BTC again when it's a clear green sign like a green indicator for him. He says its a good time to buy but he himself is not doing it.

That's not true at all :)
For example we can consider US a "first world" country, meanwhile the biggest misinformation is given to citizens by the US leaders. In fact when it comes to bitcoin the biggest FUDs are coming from Americans whereas third world countries have either adopted bitcoin without that much lies or simply placed restrictions and were done with it.
As for job security, it has nothing to do with the country's ranking. It is a complicated matter that depends on a lot of factors and you can find lack of it anywhere.

Its difficult to sell the bitcoin at all time high prices becasue we never know what is the all time high and greediness never make us sell our coins. However , when the the prices are down we have so much fear of going more down and this makes us sell the coins.
Anyways i will never sell my bitcoins even if the prices is 75,000 or 25,0000.
I will contiune to hold my bitcoins unless i see a 100K- 200K bitcoin prices and at that momnet, i will not off load all my bitcoins. Will keep some save with me forever.

Why isn't fiat dead, I think that's the most important question. Why is there so much trust in system that have been proven to be a fraud over the years. The answer is just we humans aren't ready to accept the truth. We know our local fiats aren't worth holding but yet we hold then and sell assets that should be held for as much as possible. What's funny is people sell Bitcoin for fiats immediately the opportunity present itself and that's what's keeping us this low with all the exposure Bitcoin has been getting lately.

With time people will realized the importance of Bitcoin and the price wouldn't be as low as it's. We just need one economical meltdown to open their eyes. For the moment we just have to stock up as many as our financial capabilities can get us knowing the true value of the currency.

In the evolution of asset prices most of the time we are in stages of overvaluation or undervaluation, very few times the price matches what would be its intrinsic value. I believe that at the moment we are in undervaluation, which means that the current price is below its value, and this is influenced by several causes that have been mentioned, but there is another one that has had an influence: the prospect of a rise in interest rates. This has influenced the markets in general and Bitcoin with them. In the long term it will continue to rise, but in the short term it is influenced by these ups and downs.

if it wasnt for laws that empower fiat. fiat would be dead (zimbabwe dollar is dead because the government changed the laws)
fiat lost its backed value(cost of creation), its not backed/pegged by gold mining cost for 50 years.
you can buy 26x less value than you could (less than 4% its buying power)
but what keeps it alive is that laws of taxes, minium wage, legal tender that keep it 'useful'

I guess we can't control the world, specifically the people living in it. Everyone has their own choices in life because we live with different perspectives. We may see that bitcoin is very valuable  now, but still most of the people don't even recognize it. So let's just trust the process, and everything will be in perfect timing when time comes. No need to convince that buying bitcoin is the best thing to do, let the people discover bitcoin and see its worth. Eventually, they will be the one to come rushing in the market.

I remember less than a year ago when Bitcoin broke the $40,000 barrier for the first time.

 - Therefore, when we say that this price is cheap after less than a year, it does not seem accurate.
 - The price was around $7000 two years ago and now we may reach the $70,000 levels.

In general, historically, the price during February always closed in the green, and then we may assume that we will not see such prices less than 30K by the end of this month, and therefore the possibility of $75k  is not a dream.

Inflation and all of it are positive things for Bitcoin, but we will not benefit from it unless people decide to trust Bitcoin against inflation, there are still other attractive options such as gold, real estate and others.

That will always be the case, I mean we should still be grateful that bitcoin has steadied towards a 5 digit price because for many people in the past, it's probably difficult for them to believe that it will ever come to this point, as @oemar bakrie said, it's a market game and if you don't have the ability to join the waiting game, you're probably going to need to find other means to make money.

There is every reason to believe that Bitcoin is going even higher in the future. Bitcoin remains the most attractive and best currency the world can offer. On the other hand, fiat is a dying old currency that is fast losing value and sense. So there is no other direction for Bitcoin really but up. These bearish moments may remain part of Bitcoin but the price will inevitably increase. In the near future we will see a bearish Bitcoin with a six-digit figure.

As for me, Bitcoin should have been playing in the vicinity of $100,000 by now and should be increasing considering the many bad news happening in the global economy with the USA not doing well and with the threat of invasion posed by Russia to Ukraine. But no, the market chooses to also be afraid of things, fearful of what can be and have not seen much trust and confidence with Bitcoin as some sort of a protection or savior of a downturn economy. Well, the thing is that almost markets are not rationale...most investors are following the mood of other people just like a sheep following the leader to wherever that leader thinks he wants to go. So there is nothing we can do but wait for that AHA moment and I think that can surely be coming in no time at all...just trust and be rewarded.

We recently saw the market trying to attempt the price of the bitcoin at the 70k usd but again it depends on the holder and investor if they keep trying to support the market. We saw previously another dump and it affects the economic issue which is the market dump and decline of Russia to support the use of the bitcoin. Another chance to make it attempt for another ATH is the newcomer investors.

One could just as easily ask: Home come BTC is not zero dollars yet?

I don't really get why people need to make such an issue (not referring to OP, just in general people when discussing price of crypto). BTC reached almost 70k, which isn't far from 75k.

Besides, BTC has a habit of reaching ATH and then spending only a little time there. Even if we got to ATH of 75k, or 100k or whatever ceiling, it's never going to spend a lot of time there.

The fact that bitcoin rolls back down every time gives a very good opportunity to earn. But every time, after a new ATH, bitcoin stops higher and higher. Even now, after the 69k level, he is at 38k, which can be considered a very good indicator. The next time he hits 100k, and he can rolls back down 50k, and each time it will be a big price.

Whales have a lot of influence on market conditions that occur, to reach a price of $75k of course we need help from whales to push prices in the market, but the many negative sentiments currently circulating make whales such as fear to hold bitcoin for a long time, and make them They panicked a bit so they tried to take profit when the market started to strengthen slightly and in the end resulted in a price decline due to the massive sales carried out by the whales.

We should be grateful that the price of Bitcoin can rise to $69k in 2021, because as you said early adopters also would not expect the price of Bitcoin
to rise so high. I even remember when it was 2017, I was very surprised Bitcoin hit a price of $20k. This means that Bitcoin is always going up in price
and we will always be surprised by the movement of Bitcoin. So only patient people can get big profit from Bitcoin, so there is no need to question why
the price of Bitcoin has not recovered and when the price of Bitcoin can rise to the price of $75k. We just need to believe in the future of Bitcoin and
keep collecting Bitcoins. If we study the history of Bitcoin's movement, where the price continues to rise almost every year, the $75k price target will
definitely be reached someday. So don't worry about the current Bitcoin price drop, because the price of Bitcoin will definitely recover and the price of
Bitcoin can rise higher than the previous price.

You just confirmed what defines the average Bitcoin investor, and that in the case of a long-term investment like yours is some kind of imaginary profit determined by an exit point at a certain price. Your problem is that you are waiting exclusively for that exit point, and of course, it frustrates you more and more that you can't reach it, and time is running relentlessly. What people often forget is that time is the most precious thing we have and it is very limited, it cannot be increased or bought.

My strategy is different and there is no predefined exit point, but I combine to sell/use Bitcoin as a currency whenever I need it, especially at a time when the price reaches its ATH - and yet most of the time holding most of my coins safe. If you persist in your plan, I don't believe you will have to wait 10 years, but it can be 2-4 years until the price reaches a stable $100k (although this can happen earlier).

What if I told you I don't plan ever selling more than 10-15%? Don't reach to conclusions before you know all the facts. It's a general advice for life.

I think USD still survives and EUR does the same because the government still backs up fiat.
While BTC does not increase higher, people are not interested in buying BTC and using it as their investment because they think BTC is something they do not understand compared to the other investment type.
When BTC increases higher and reaches $100,000, people will see that they are too late to buy bitcoin and will buy bitcoin in a rush.
People who do not buy BTC at a price now will regret it because they already can buy bitcoin but do not use it.

You had a chance to do it when the price reached last ATH close to $70k last year, obviously, you didn't do it because you believed in what most considered a safe bet ($100k by the end of 2021). You have stated the facts yourself, you want to sell your BTC and enjoy the fruits of your labor as soon as possible, and the reason why you have not sold yet is the price.

From the title of this thread, it can be concluded that your exit point is at $75k or more, which is very frustrating considering that the last ATH was very close to that.

You seem like a newbie in the cryptocurrency world op. Why? Because any experienced cryptocurrency investor knows the fact that BTC and other cryptocurrencies are extremely volatile in nature.

This is why HODLING BTC and any other cryptocurrency for the long-term is always a difficult endeavour, but it could potentially make you rich if you HODL long enough and if things actually go your way.

BTC will definitely rise back up to $75K in the future, but no one can accurately tell you when that will happen op which is why you should always invest what you are willing to lose.

We love seeing Bitcoin reach $75k, $100k, and more...But we never ask other people if they will love too. That probably they don't care and do not have the concern as for they don't know about Bitcoin and this is one the reason why Bitcoin doesn't go that much so easily. It perhaps needs more users and investors but can't deny that only a few people have the courage to take risks and even think that Bitcoin is not a scam while the majority believes it was Ponzi Scheme alike.

It's amazing how you can boast about bitcoin, but we can't forget that FIAT won't disappear, the banks won't disappear, the right thing would be that each person can use all things: fiat, banks and bitcoin without having problems or fanaticism or hate for one of the 3 things. it is not possible to have a world where there will be no fiat and banks and only bitcoin, we have to face it that it is not possible to have this kind of world

Bitcoin isn't worth $75k yet because not many people are aware of it. Despite the ever-rising popularity of Bitcoin, there's a large portion of individuals worldwide who haven't heard about it at all. In order for Bitcoin to reach a wider audience, Internet access needs to be extended to every single region/area in the world. But we're still far away from seeing that materialize since governments don't have the required infrastructure to make it happen. Sooner or later, Bitcoin will cross $75k as Fiat's inflation increases like there's no tomorrow. We just have to be patient as good results don't come overnight.

I see Bitcoin as a better version of Gold, so it's likely it'll continue to go up in terms of Fiat for generations. As long as you buy BTC at a cheap price, you'll be on a road towards untold riches. Just my thoughts ;D

“Have fun staying poor” is the most obnoxious saying that people use in terms of bitcoin. Just because someone doesn’t own any bitcoin, doesn’t mean that they are assured to remain “poor”. I of course agree that everyone should own at least a little bit of bitcoin, but this all depe new on what one can afford to lose.

Bitcoin is forming a correction. It happens. It happens for every currency out there every once in a while. I have also seen a lot of theories that the current situation surround Ukraine also has an effect on it, though I am not sure how accurate that theory is. Any thoughts?

There were anticipations of around $100k by the year end of previous year but it doesn't work that way so we can have as many price limits set in our mind or with any kind of technical analysis but btc will not work according to that as the prices deviates with only demand and supply factor.

The inflation is growing at faster pace but the thing is world has recognised it lately and you see now the adoption curve has increased slightly compared to past.This is the representation for the same and have some clarity from this :


But on the other side inflation has increased over past few years drastically but still the majority is witnessing and realising it and you will see the growth rate of Bitcoin soon so your expected rate will also show up later so hold it for long term.


The inflation is hitting hard in some countries while others are facing reverse situations but you notice that situations in third world countries is more worsen and they need bitcoin at most important like you El Salvador has adopted it with ending the USD domination of which IMF has burden them up but more countries will progress towards it and first Target of $100k is achievable soon.

They did not know that btc is trying its best to come up in a price where it can it meet our expectations but unfortunately other factors are much stronger than btc. We have die hard supporters that will keep on holding their btc and there are only less sellers which can have an impact on the price of btc but I think it was the manipulators and the whales that keeps on pulling the price.

I do not think the decline of the price has to do with Russia because if I am not mistaken we are already on the dump before the issue of Russia came out but that news was not new, it is like china that bans bitcoin and then re allow it again. We still have a hope for btc to touch greater prices in the future.

Humans for you, since btc is not government approved yet some people don't trust it enough to buy even when the price is ridiculously cheap, even among those who bought, some sell at the slightest correct made by fud, to prefer to stay in fiat despite how it deprecate in value,
Before the majority of people realize they are missing out on this opportunity btc price would be very high by then, I wish I have zillion cash to buy enough and seat back to watch the rest of the people fighting over what is left ;D

It seems someone is reading this and we've just passed $40,000! That's the spirit folks, let's go to the Moon! I still believe 2022 can be the year of the Bitcoin!

That will always be the case if they keep on prioritizing on increasing their fiat rather than accumulating bitcoin. Even with the inflation hike, people still prefer to use fiat because that is the only currency approved by the government, so they tend not to think anymore other options that can hedge inflation. This is the sad truth. People become poorer and poorer because of their attitude towards change.

Yeah, I wasn't looking that much in the current Bitcoin price lately and was just surprised that we're now back in 40k. Kind of slow but hey we're getting there. Previously, I was eyeing on Bitcoin to be around 100k by the end of the year, but it won't matter if we don't reach it just yet.
In the end, a lower price was my opportunity to buy even more. I ain't whale though :D.

I am not that really concern about the legal adoption of bitcoin worldwide because bitcoin exists and keep on proving its worth even if it is not accepted widely but as I keep on reading in this thread it all boils down on the fact that people are still afraid to jump off and invest in crypto because this platform is not approved by governments. And to be honest this thing is quite true, in my case I do experience a lot keep on asking me about this platform but at the end they are being afraid that they may get scam or lose, which of course I didn't make any conscious effort to explain it to them furtherly.

Even myself i was not expecting this $40k now, but i'm glad bitcoin has reached another price resistance level. But honestly, this is not my focus at this moment as im still enjoying buying from this bearish market. I think if we can take more advantage with the current market condition, seeing the prices are still in dips, then we can make huge profits by then by the time bitcoin will hit another new ATH once the market starts to become stable again. And $75k will be realized soon.

Like you said, if people cared about inflation, then they should buy BTC "like crazy". But they aren't because they don't actually care. I bet most of the people don't even know what inflation is and what it can do to the economy. They just sit and watch. When the price of everything will become unaffordable, all they will do is blame their country while still not doing anything to save themselves against inflation. Even if they do invest in bitcoin, they will go back to fiat to take their profit. So... ::)

After dropping to its lowest level this year to $30k but today bitcoin has gone up to $41k price and the current price hike must have benefited those who bought bitcoin at that low price, early 2022 put bitcoin on a bit of a slump but I believe and will say so same with you because I believe if this year bitcoin price will bounce back to $50k-$60k.

Yes, we have a good bounce in the last 24 hours, a break out run that we didn't expect, but we sure gonna take this one. And maybe this is the start of the ascend to $50k again, so everyone is getting excited with this run. As we might think that the bulls are back in the market again after hitting lows of $32k early this year. A bounce of $50k-$60k might be just a conservative estimates. If everything is set then we might see the price going to $70k++ at the end of the year.

I read it back in 2018, and it came from a man who back in 2014 had a very good vision of what would happen in the years to come - it will be interesting to see if he is right this time as well. Maybe he'll contribute a few billion dollars to make it happen :D

people don't have trust when it comes decentralized because of some reason that's why until now they don't see the real value of bitcoin.. Probably that's what it is, i mean we should be thankful that we've been here in crypto and we all knows how it works and how it can give us good return after all the efforts. Let them suffer from the inflation. Lol

As long as the fud didn't be spreaded by the whales, I'm sure the price of Bitcoin will touch at 75.000 USD. We know that the yesterday we got recovery price movement because of the good news which come from one of the mining company has added their cryptocurrency about 8.595 BTC. The  Marathon Digital Holding has announced their proportion yesterday, so far we will look the market got the new all time high since the bearish for two weeks ago.

Source: https://www.globenewswire.com/news-release/2022/02/04/2379299/0/en/Marathon-Digital-Holdings-Announces-Bitcoin-Production-and-Mining-Operation-Updates-for-January-2022.html

You are absolutely right, inflation is rising, commodity prices are rising but bitcoin prices are not rising yet.

If you look closely at Bitcoin but it is not stable yet, Bitcoin has crossed the ATH several times in a row, just as people were going through an extreme economic crisis during the entire Corona outbreak. So you can't say the price of Bitcoin hasn't gone up.

Yes, it is true that Bitcoin has not reached $75k yet, because adequate adoption is still needed. And there is no rush here, soon it will break $75k.

It will be soon! Give it some time.

I think this is a very strange question - after all, bitcoin is freely traded on a large number of exchanges, both centralized and decentralized. The market determines its price at the time. I think there are many factors - the increase in complexity, legalization in a number of countries, the entry of large institutional investors into the market. All these factors will eventually lead bitcoin to a price level of 75 thousand or more. The year has just begun. Let's see...

I just hope it will be this year. A whole year and more of bearish market sounds daunting to me, at least at the moment. Or maybe I am just too much of a pessissist, I don't know.

the many negative sides of bitcoin make it difficult for bitcoin to rise to 75k $, not to mention negative news, rejection after rejection, thus making bitcoin only spin around 40-65k later, every bitcoin owner expects bitcoin every year to have a new high value, but all in market surveillance and uncertainty price

Do people here really want btc to be half a million or million dollars?  One issue seem to be if that is the case, wouldn't there be so much rich people then?  Also if say it hits half a million, wouldn't everything be more expensive?  Thus a million dollar home might be double that of even more?

Keep in mind that our need of Bitcoin is situational since we all have different crypto status in each country. We can't totally eliminate fiat in exchange for cryptocurrency because we couldn't force everyone to adopt Bitcoin, especially those who aren't knowledgeable about it. People will always choose what they trust and believe and we can't blame them for that. If you're earning profit through crypto investment, others might also earn enough through fiat.

I think you created this Subject because maybe you haven't checked Bitcoin since November. Bitcoin's all time high is 68,000. Right now the price of Bitcoin is 42,000 because, Bitcoin lost half of its value since Mid-November and the lowest price since the drop was almost 31,000. So Bitcoin is expected to reach that milestone probably at the end of Spring. We are in a recession right now because of Infiltration and slow economy.

That is what everyone is waiting for, a speculative market where holding is the best way possible to become rich. What i am curious is how long we will see these users who are asking to hold the coins and never spend and what happens if it reaches the target they are looking, they will dump the coins and continue the same process of getting the coins at the bottom and then starts preaching again about the importance of holding  :D.

In hindsight, especially as we approach the next halving of 2024, I agree people will be kicking themselves for not buying more bitcoin, especially when it was under $40,000. However, this market is extremely volatile and with looming rate hikes it should be of no surprise that the price is not $75,000 or higher. Also, the S2F model looks like it's getting severely tested with the reality of the law of diminishing returns.

I agree though that we'll blast way past $75,000 by 2025! :)

What are you waiting for for only you can go on and buy all so that you and your can rich. You sounding as if you don't hold a single fait currency your account and you don't make use of your country faith currency on a daily basis, come on! Let be realistic sometimes and trying to push people with our words to do what they will regret later.

Expect the unexpected and dont really be that positive or really hooking up yourself into those hopes on seeing those numbers in a short time because this isnt how the market works.

If you've been here on this market for a while now then you wouldnt really care much on where price would go possibly in next minute or month or years since you are aware neither

it could go back into those previous ATH's or would create a new one yet Bitcoin had never failed to impress us.

That's right, we don't need to hope that bullshit goes too far for now. just follow how the market works. bitcoin has never let us down, hit a new ATH, and continues to experience market developments. although there is a decline and a lot of bad news, in the future we do not know when. we will look at the achievements that impressed us once again. we just need to believe and hold on to it.

Previous year bitcoin touched $65000+ i hope bitcoin will be hit in future. I believe bitcoin movement still price correction. People interested in bitcoin investment increase day by day.I hope bitcoin price will rise again and market will be green in this year.I hope bitcoin price will be hit $75k+ next 3-4 years.

Since the inception of bitcoin, it hasn't gone above $75k which there is always a possibility that it will someday. Only a few percent of the human population knows about bitcoin, and we get to find her price at $41k recent. Imagine when bitcoin is widely adopted globally. What will her price be? Am highly positive about the future price of bitcoin hitting $150k before the next halving season

No rush, it is always down this time of the year. Give it a few months and it will reach it. If not, I am sure after the next halving, it way go beyond the price you are thinking.

2025? :) In my humble opinion we will reach $75,000 this year. Year 2025 could see prices like $200,000 for a BTC, just saying. I'm very maximalist when it comes to BTC price.

That would mean we have to witness a new bull run and bitcoin will reach a new ATH.

For me, it's not impossible, but based on the current market situation, I guess the year is destine to be a bearish year, and with that said, it's not something that we should panic about, it's something that we should trust and wait for the process, for now, it's high time to buy as the price is cheap.

it almost did but some powerful people caused it to crash because it almost put fiat in the shadows of crypto currencies.

Because there is nothing to prove about bitcoin capacity for this time being , maybe if you ask for at least 1 year  to 3 years from now . but looking for long term? bitcoin will go further that that 100k? that is still low for the incoming value but when? then that is something we must ask and need answer.
68,000$ is the highest so maybe 7k is too far to achieve , then best to keep waiting or else sell your coins now that is the best you can have now.

Those who continue to be afraid of bitcoin because there is no full support by the government in some countries certainly cannot take advantage of this opportunity well. Now many are starting to adopt bitcoin. Cryptocurrencies are the future of decentralized payments that are more transparent and efficient. much that can be used to develop even better payment methods. Cryptocurrencies are also feared because of rapid price fluctuations and the risk of losing value quickly, but on the other hand there will be value added quickly. Scam or losing is a choice that can be made because all will not escape the scam and lose including Fiat. Bitcoin continues to be developed and much favored by modern people today.

Some countries have started to adopt bitcoin not just as a store of value but as a legal tender, so it will only take few more years before all the countries will see the worth of bitcoin and starts to adopt it. Although bitcoin is already legal in some developed countries, but the adoption rate is still low. However, we can't expect for bitcoin to jump to $75k as its price still matter on its supply and demand, and with market sentiments too. If investors will always be afraid to invest in bitcoin because of the higher risk, that will create a barrier from bitcoin reaching another all time high.

It is not that it has taken advantage of the fiduciary currency, but that for people to take a value and can talk about it, it is assigned the value in FIAT as USD or Eur, this to give an idea of the price of BTC plus it is not the value, because the value is much greater than BTC, we are only speculating because honestly many do not understand the difference between price and value, and obviously people who do not know much do not see the value, but they see the price, and the only way they can do it is with strong and representative hegemonic currencies.

If for now maybe the price has not been able to reach what the author said. Adoption hasn't been done much, but it doesn't seem to matter. Right now the cycle does require bitcoin to go down in price, but I hope with the many adoptions it doesn't happen. If you look after the previous halving the market seems almost the same. I hope that cycle will repeat itself towards highs back after halving 2024. But prices go higher faster it looks like it's going to be better.

Yes, I also think we could easily see $200,000 by 2025, but the law of diminishing returns seems to be staring into the face of those who were expecting the price to be exponentially higher. Clearly, with a limited supply and growing network, it's only a matter of time before we are in the six figures. I just think a little more patience is needed to reach this goal. If we reach six figures this year, great; if not, it's only a matter of time!

BTC is now start to be bullish again and I believe that very soon we will see another ATH this year so we need to have patience because not everything will happen according to what we plan, sometimes our investment plan will lead us to lossing so we always need to be patience for good.

Another ATH this year? lol this wont be happening mate sorry to pause your beliefs but I see no big reason why this needs to happen now, look at the issues we are having , there are near to come war in Russian territory against Ukraine , and there are so many FUD in the world.
best to not expect that much because this will bring you losses in case you over estimated .
Lol that is not Almost because price short by 7k and that is a Big amount to just happen like that.
meaning we must accept that this year and last year is not the time for that level.

Bitcoin is a highly volatile digital currency, ATH is always possible. We know bitcoin has hit $69K in November 2021, but there is always hope to see its price hit higher levels than before in 2022 or the following year. I've never been pessimistic about ATH, but I have my doubts about timing. Some analyzes conclude by 2022 the bitcoin price could be higher than $70K, but some other analyzes conclude it will stay below $50K. I don't know which one we're going to, but the analysis could be wrong.

I don't think ATH matters if we never own bitcoin, and that's ridiculous. But ATH is important when we have invested in bitcoin to get a commensurate return in the future. Now that the post-correction bitcoin price recovery is starting to take place, $42K has been breached and now $45K has become a target of resistance which will soon be broken as well.

I understand your frustration with the volatility of BTC. One of the biggest pieces of advice I can offer is to just be patient and stay the course.
With a truly revolutionary technology like BTC it can take time to mature but people, organizations and governments all around the world are already seeing the value and market adoption is reaching staggering levels.
If you practice patience and try not to pay attention to every correction you will feel a lot more peace of mind.

He is not  frustrated actually instead he is desperately asking about what is the reason when bitcoin can easily reached and even break that price.

Yups , many countries are considering adoption or at least accepting bitcoin , there are businesses opening accepting crypto specially bitcoin even coffee shop and groceries .
Look at OP's account  does it looks like he has no patience ? lol he is capable of waiting for long time .

But I guess not, he only wants to know why it never reach $75k even the adoption had to continue and even many establishments have already accepted Bitcoin. I can really find his patience but indeed, he is quite surprised that the price move slowly as many (experts/not experts) are expecting it reaches $100k last year but until now, it was not.
I guess, keeping peace in minds never works if we keep seeing on the market trend and I think, that is OP need to do. 

Because investing in crypto is very risky, we must prepare everything carefully. So if something bad happens, we can be better prepared to deal with it.
But compared to altcoins, investing in Bitcoin is lower risk. Because Bitcoin is the safest for investment, as long as we can be patient, then we can
get profit from Bitcoin. So very lucky for people who can be patient and not panic when Bitcoin drops below $35k price, because now Bitcoin has started
to rise again in price, even Bitcoin is already at $42k. Hopefully the positive movement of Bitcoin can make Bitcoin reach the price of $ 45k this week,
and eventually Bitcoin will continue to rise until the ATH price is reached again.
 

I want to believe more than 50% of the investors in here didn't feel the same way they feel now about Bitcoin like 10 years ago. Adoption might be slow even from areas you think should be quick i.e the educated folks but we see people today still not believing in Bitcoin investment because most are too scared to change and a bit more skeptical about what they cant hold regardless of its value.

I think we should be used to surprises that cryptocurrency offers from time to time because of the volatility. Each and everyone has their own kind of predictions and speculations on the possible attainable price of bitcoin last year because of the good market flow by the 2nd to 3rd quarter of the year 2021. But yes, we don't have to feel frustrated about it if we are been in this industry for a quite some time and indeed a patience is a virtue and that's one of the core values that every member would like to impart especially to newbies.

Of course. There's always a possibility for Bitcoin to reach a new All-time-high. High demand and the extremely-limited supply will get us to $75k within the next halving. The reason why Bitcoin isn't worth $75k right now it's because the crypto hype has somewhat faded. People are now focused on other things, leading us to a major depression on crypto market prices.

I'd say this is an opportunity to buy "cheap" Bitcoin before it's too late. Fiat's inflation is on the rise, so it should only be a matter of time before most people "flock" into Bitcoin as a safe-haven asset. With how quickly Bitcoin has grown since day one, I think it'll replace Gold in the future. Remember, patience is key towards long-term success. As long as you're patient, you'll be on a road towards untold riches. Just my opinion :)

It was a practical response to answer most of the doubts among people about the bitcoin price. The bitcoin price has been built on the trust of adopters, traders, private investors, institutional investors and others since its early years until now. Patience will only increase the chances of getting a commensurate profit and it is true that bitcoin is not an asset that can make us rich overnight.

I prefer to call it risk management because patience is also included in one of the main points besides analysis, choosing a safe wallet, securing a wallet and so on. I remember early investors getting good returns because they have considered more risk and also have great patience to hold bitcoin long term, so if they can do it in the first place why can't we do it now.

The low adoption rate is influenced by the risks involved when using bitcoin. The high volatility makes some countries still think about fully adopting bitcoin. But even so, bitcoin is currently a very valuable digital asset and is capable of becoming a digital asset that has captured the world's attention. Some developing countries regulate bitcoin as a commodity asset and few have adopted it as a legal payment. Only el Salvador implements legal payments using bitcoin and it is an example of a country willing to try new and revolutionary things and make bitcoin a profitable business.

For sure the cycle is going to repeat itself again after the halving in 2024. But funny enough some people are still going to doubt it, and they will miss the opportunity again. This is not the first time that it was being said, a lot of times it has been repeated, and some people still never listen.

I have been making use of this tactics to make so many profit through Bitcoin, and the bullish period has always been my main time to make serious profits from Bitcoin, starting from the time I started investing. I never missed the 2017 bull run, and I also didn’t miss the bull run that took place 2021. I have also started making my investment now in Bitcoin and a few other coins that I believe would be increasing in value when the time comes, and I’m going to hold them tightly until the bull run arrives.

When you're thinking about what he said in the OP, it's not actually impatience.  It is more like why people are still into investing in fiats or even centralized stuffs outside crypto.
Government already saw its value and that's why they're trying to regulate it, which is really stupid.

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As of writing this, Bitcoin just went past 40k so that's something at least.

Right now bitcoin has been able to break through the price of $43K, and we hope that the positive trend of bitcoin can continue and be able to break its highest price this year, I think for now we just need to be patient and hope that bitcoin can get a strong price boost again in the market, so it's possible that we'll see a $75K price imminent.

i am thankful its not that yet. i can buy mor half that price almost now. let the rest of us poor measly plebs catch on the back of the train before it takes off! is how i look at it

People will not be buying bitcoin unless it shoots up a bit again. This is a trading psychology in which people will not buy an asset if its price has gone down. Once it shoots up, people then would not hesitate to invest even bigger amounts. There are also speculations suggesting that bitcoin may now remain within a certain limit.

Though its the principle behind volatility which is a determinant of demand and market supply for bitcoin, the number of coin in circulation, mining and coin burning, whales and hodlers of bitcoin and the current state are also determining factors, this year is another opportunity for bitcoin to set a new record after the bearish move as of recent.

But the  question is " would bitcoin really can make another ATH this year of 2022"?

sorry for the question but it seems that there is no good reason for this growth now?> what you think? i am not saying that bitcoin is not worth increasing but what I am saying is not like 2021 that big companies are investing , this year it seems like there are no big adoption coming.

Everyone is not the same, not everyone you see has the same reasoning as you. Yes, you see the opportunity in Bitcoin, but not everyone sees that kind of opportunity, because their mentality is different. So, for you as long as you are seeing that opportunity you should always utilize it and make sure that you're making the best of it.

For those who don’t see the opportunity and after they are being told refuses to still see it, then when the consequences comes they will be the one to suffer it. And moreover not everyone is going to benefit from Bitcoin, it’s just going to be a few people, there would be those who would miss it and there would be those who would invest and still lose.

The increase in the price of Bitcoin to the price of $44k certainly makes people happy who have bought Bitcoin at a low price. And make some
people disappointed and regret for selling the Bitcoin they have when the Bitcoin price falls. This Bitcoin price increase also proves that we really
have to be patient when the Bitcoin price drops and don't panic to sell it at a low price. Several times Bitcoin can always recover when the price
drops, so another lesson when the price of Bitcoin drops is that we have to buy as much Bitcoin as we can afford. Like when the price of Bitcoin
fell to $33k, if we bought Bitcoin at that time, then now we can make a profit. But if we want to buy Bitcoin at the current price, it's actually not
a problem, because I believe the price of Bitcoin will continue to rise. So wanting to buy Bitcoin at any price can make a profit, as long as we can
be patient and wait until the target we want is achieved.

Yes, there was a massive inflation in some countries right now which many are thinking how to legalized bitcoin in their various country. During the pandemic that took place over two years and some months made bitcoin to perform wonders by pumping through out the period. I guess the price of bitcoin is about to hit back $75k for investors to make a good income from their investment.

I always feel like that .If i had much amount of money i could buy more what i have bough is still not enough .I always though in the past when i was not familiar with btc and crypto that something will really replace on paper money for sure .Now the world are going through it as when we are starting to use it mostly as a currency .However you have said already that the major top currencies are loosing their value gradually but btc are growing as a asset .We can really able to buy it cheap price still ,i think we will not have that price in future .I think he who have much money don't loose your value to keep it on the bank so that you will become poor in the future for sure .Just think how much the value of paper money you use about 10 years ago and compare it on the recent value you can see you have lost enough value of it .So that we need to be more wise and make work our money to become higher value on the future .

Personally, I think it is too early to tell. Interest in cryptocurrencies has not waned all that much since then, I believe.
Do you think the pandemic was the main reason why cryptos rallied so much?

Frankly, when BTC falls that low it's probably time to buy more rather than sell, but "Buy low and sell high" seems like an easy approach to trading in theory, but it often turns out to be pretty hard to follow in practice.
I know I was near panic too, when it dropped so much. :(

Alot of people do not know this about the influence of the rich on the banks. But I disagree that the poor take their money to the bank. The poor do not have enough cash to operate an account. The little they get are kept in their homes for daily feeding and they do keep it under their pillows or under their beds. Those who have savings in the bank are not poor. They are average or middle income earners.

That would raise the question that why wouldn't that money funnel into those alts considering that Bitcoin does not have the functionality to support smart-contracts at the same scale and ease that ethereum does.

Bitcoin is also an important part of the DeFi built on smart-contracts due to the sheer amount of liquidity that BTC users provide, yet the whole space is getting more and more decoupled. We would certainly start seeing more price oscillations between BTC and the rest of the crypto ecosystem. Frankly though, this whole space would have been a lot better if there was only BTC and ETH without all of these useless Alt-chains with VC backed PoS structures.

You're somewhat right,  lot's of money is also going into metaverse, nft, defi and what have you these days so it is no longer just btc, many investors have diversified, they believe there is more money to be made in these macros projects than in btc,

besides, the price to buy 1 btc is already high and it will be hard to x5, x10 or so from it than from these low cap projects,  but these are just a small percentage of people compared to the vast majority of institutional investors in btc imo,
But I think this is not only the reason why btc isn't above $75k by now, probably this constant negative fud is also affecting it's growth somehow.

Exactly. Most investors are focused on "De-Fi", NFTs, and the metaverse, leaving Bitcoin behind in the dust. Of course, that doesn't mean interest into the pioneer cryptocurrency has declined. We've entered a bearish period as the hype has temporarily faded away. As soon as the next halving comes up, Bitcoin's price will never be the same as it is right now.

I'd say $75k is feasible due to BTC's extremely limited supply. It may not be worth that now, but it will be in the future. Remember, patience is key towards achieving success in this wild and crazy world of crypto. As long as you don't spend all of your Bitcoin, you will be fine. Just my thoughts ;D

I'm adding others too;

4. Some are afraid from the price fluctuations and consider it financially risky move, which is not true if you zoom out and see how it moves averagely.
5. Some believe altcoins are better than Bitcoin, which I don't want to opinionize as it's off-topic.
6. Some are misinformed.
7. And finally, there are people whose character doesn't fit in Bitcoin. Antithesis (https://bitcointalk.org/index.php?action=profile;u=3336205) is a living example.

What's the intrinsic value we're under of? Based on what? S2FX?

Bitcoin dropped to 33,000$ and many people have sold their holding at that point because of the overall fear in the market. Now those people would be regretting as bitcoin is now 43,000$. People need to understand that at the macro level the bitcoin is bullish and it will remain bullish. The corrections will come in between and sometimes the correction can last for 3 months, 6 months or even a year. The reason for these corrections is that bitcoin is usually move parabolic upwards and people who bought bitcoin at lower price, they book their profits and then buy back again at lower prices.

I kind of half-agree with this. Maybe they knew that Bitcoin is top of all in crypto but since it is kind of too expensive right now to buy, they're turning their money to these whatever trends you mentioned. I do not agree that it literally "gets left in the dust", otherwise it's a shitcoin right now and there are still many strong holders out there regardless of the trends in here.
Who knows where Bitcoin will be in the next halving as well? I kind of forgot of that as well.

Investors should know that a correction aside from creating an ideal time to buy high-value assets at discounted prices, it will also push the price of bitcoin to move even higher after a correction is done. So we should not be fearful every time it happens. Instead, it's good to become greedy when we see good opportunities to invest again in the market so we can maximize the profits once the bullish season will be here soon.

People are more convinced to invest when the market is stable and bitcoin is in a good momentum because they will fear if the market will suddenly fall. So they are most likely to invest when prices are its peaks. That's the mindset of weak hands. But for those strong hands, this correction is even a better opportunity to buy more while the market is still crashing. And even if the market falls even deeper, there's no need to worry as long as we are filling our bags with established coins in the market.

Greedy when there's bloods on the streets or simply seeing that those panic sellers had done their stuffs but this is only applicable into those people who do see these times to be the best opportunity on making such

step but not all would really be that confident on doing so thats why i couldnt really blame them off on not to make out specific movements on times like this but rather making out some move whenever the market

been showing off some sort of increase even on small scale but most of the time it is been the main indication for these people to buyback and not on the time where price is falling down.

For me, its my own way of diversifying my portfolio so i also tried my luck with De-Fi and NFTs, but that does not mean that i'm leaving bitcoin behind. It will always be my top investment, and i think others are also seeing that way. However, bitcoin is not yet reaching the $75k target price because of the correction that started last december, but i don't see it as more of a threat, but its kinda more of a great opportunity to enter the market. No worries,  there's a lot of bitcoin analysts who have predicted that bitcoin will achieve that goal price, and we are heading there. Just trust the process.

I wont deny that I also had an interest on these new trend (Defi, NFTs and Metaverse) and already tried investing on it just to see if I can gain something while waiting for Bitcoin to recover. Its fine to try other investments if you want to maximize your earnings as long as you know what you're getting into and aware of the risk. But Bitcoin will always be my top priority thats why I did my best to accumulate before $40k value is reached recently. Hence I can just watch now and see if Bitcoin can climb up to another ath for this year.

It doesn't matter if you try to invest in altcoins if it is for the purpose of maximizing the potential profit you can achieve, especially if you have considered the risks. Apart from bitcoin, I tend to prefer ETH and BNB or other altcoin that have been around for a long time. But for sure, bitcoin is a top choice that should not be missing from our portfolio.

So far $75K for bitcoin is still an achievable hope for the future. We almost reached it in November last year, but failed because it only reached $69K. We still have hope to continue to be optimistic about the future, although it is not completely predictable but in the long run bitcoin almost always provides commensurate returns for holders who believe in it.

For me, its my own way of diversifying my portfolio so i also tried my luck with De-Fi and NFTs, but that does not mean that i'm leaving bitcoin behind. It will always be my top investment, and i think others are also seeing that way. However, bitcoin is not yet reaching the $75k target price because of the correction that started last december, but i don't see it as more of a threat, but its kinda more of a great opportunity to enter the market. No worries,  there's a lot of bitcoin analysts who have predicted that bitcoin will achieve that goal price, and we are heading there. Just trust the process.
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The bear market is what's affecting Bitcoin's ability to go to $75k right now. No one said Bitcoin was going to make you "rich" overnight. Good things only happen to those who're willing to wait a considerable amount of time (patience). Sooner or later, Bitcoin will reach a price of more than $75k due to the way it was designed. An extremely-limited supply along with ever-increasing demand on the market will lead us towards untold riches in the future. I'd say this is the best opportunity to buy more Bitcoin before everything goes back up again. We're in a period of "stagnation" as hype has temporarily faded away.

Ultimately, it's not about the price per coin but rather its usefulness. As long as Bitcoin remains decentralized, censorship-resistant, and enables "banking to the unbanked", nothing else matters. Just my opinion :)

I am also wondering how the price is still right here.  ;D ;D
But,t his is the cycle of Bitcoin price, moreover influenced by many news around here around the world.
Bitcoin is not really following the cycle like in previous years.
We can see some increases in only a few days and will drop more than the rising percentage after only a day

But, I personally still have high trust in Bitcoin, one day, it will rise up again passing $70k. We are also still expecting the BTC price to hit $100K, aren't we?
Patience may be the key. We can expect it for the next bullrun  :D

Because its not needed as much as it has in the past. Now You can buy nearly all altcoins with fiat or bnb and other coins Before you couldn’t needed mainly  bitcoin, Risky investing in btc nowadays. Id say it wont be long before Binance unpairs it with BNB. Better off investing in the Binance coin.

The development of cryptocurrency is increasingly known to the public. if currently only 5% of the people are using it, then there is still a big possibility for the bitcoin price to increase as the target you are talking about. imagine if 25% of the world's population has used it, and plus government regulations that favor the development of crypto, I don't think anything is impossible

Most of the crowd is not in the game yet. We think that worlds most population is using the bitcoin in first place but they are not really. There is still long journey for bitcoin. Government is also majorly disturbing the flow of bitcoin usage by their schemes like national digital currency and confusing peeps.

However, this will change. This will be a gradual change and once it goes to next stage you will be asking how the heck bitcoin got this much price.  So stay tuned and stick to it!

Well, not only poor people relate to the poor, I know many businessmen who have a lot of money and they have it in banks, of course not only in local banks, but also in other countries and in banks, I think that those who have money in banks it is because they do what they think is correct, because for them the bank gives more security and confidence, for them they do not care that the bank demands a specific amount that they can subtract, because this stems from the ignorance of not know BTC or crypto, and yet many who know do not trust it, so this is already a matter of judgment.

When you see how many people actully know about bitcoins and then how many people actually invested in bitcoin, then we will come to know that still a lot of people are unaware of bitcoins. Once you see these people buying bitcoins and entering the crypto market, we will see a big increase in marketcap and also increase in the price of bitcoins. $75,000 will be very less price of bitcoins as bitcoin has limited supply and the demand wil be very high.

Of course. There are many people who don't know about Bitcoin yet. So many third-world countries where people don't have Internet access of any kind. Even those who have Internet access, haven't got into Bitcoin because of skepticism. We're going to need to wait a little more time before crypto becomes mature in the mainstream world. Behind the scenes, Bitcoin is being constantly developed and maintained by the community. The more time passes by, the bigger and stronger the pioneer cryptocurrency will be.

$75k per coin is nothing considering that Bitcoin is an extremely-scarce cryptocurrency. It's the best sound money the world has ever seen. We should take this opportunity to buy more Bitcoin before it goes back up again. As long as you buy and "hodl" for the long-term, you'd be on a road towards unfathomable wealth. Just my thoughts ;D

Despite a big drop in the price of BTC to its all time high of $68,789.63, the number of unique addresses still stayed the same, suggesting that people are willing to hold or invest in BTC at the current time. This shows a strong level of confidence in BTC, which is gradually increasing in value. If we take into account all the good things Bitcoin has to offer, I think the $75K price will be only a drop in the bucket once Bitcoin enters the mainstream. Anyone new to this field is sure to be influenced by now or then. A high market dominance allows BTC to run for a long time, so we're waiting for that.

Well, a lot of posts on the Internet about hodling bitcoin have been drilled inside the minds of the crypto people so it's no surprise that they have confidence in bitcoin, not to mention that the history of the bitcoin market is enough proof already that it's only going to grow overtime which adds to the confidence of the people that their investments, if they hodl long enough, they will reap the benefits.

Bitcoin grows cyclically and in each new cycle of 2-4 years it shows a new historical maximum. The last time the price of bitcoin reached the peak level of 65 thousand dollars apiece. After there was a correction, and here we are where we are - at the level of 40-50 thousand dollars, and there we walk in the corridor. I think this year we will definitely see a new historical maximum - it will be 75 thousand or some higher mark is not yet clear.

I wish to see that but I'd remain realistic this year, as per the trend, everytime there's a bull run there's always a correction, so most probably if the correction will take longer, then this year would not be bullish as some investors are expecting, we might see this year a year of accumulation.

Crypto market will be always not stable, the prices of crypto coins/tokens are volatile every time. If you have learned crypto market for a long time, you must know it is the nature of crypto market. Instability in crypto market is an opportunity to gain big profits or get big losses. It is actually our focus here, how we deal with the situation in crypto market.

I even don't know if Bitcoin can increase again above $50k. For me, it is too early saying Bitcoin price exceeds $70k in the near future. Just enjoy the decline phase of Bitcoin, buying and holding a short term may be a good idea for now. Don't forget that there is a possibility of an upcoming bearish season because we already passed 1 year after Bitcoin halving.

You know that people are way too impatient when it comes on hitting new ATH's without even thinking that we are just in start of this year but they are really hurrying up
on reaching those ath's which we should be that realistic that this wont really be a smooth sail ride to have but rather it would be a bumpy ride because we do need up
some positive catalyst before we could able to attain these numbers plus we dont even know on when it would happen.

People always except the market to be bullish. In any market this won't happen. If something is found to be bullish without any decline in the market, then it is perfectly manipulated. The growth happened all of the sudden reaching a new ATH last year. Once again a new ATH at the shortest won't happen, because to the growth it achieved it needs time to mature and correct the market.

IMO it's undervalued at the moment. The fair value of Bitcoin based on log curves is somewhere around 40k USD. This doesn't mean we can't go lower, we can and we will because bitcoin often goes above and below the fair value but keep in mind that in 2018 that fair value was around 5k USD, so there was not much room to the downside. Like at this point we can go lower but 30k would be a bargain at this point and traders know it. At the same time 50k is just around the corner. Every time Bitcoin went below the fair value it returned above it in the next 6 months.

We did touch lower than $40k right now, I've seen it goes down to $36k the lowest so far after we have a brief run to $45k a week ago.

Definitely, it's a bargain if the price is around $30k, the question is are speculators going to buy at this current price or will still wait till the price goes down a bit more. And with the looming war, will it goes below $30k? Lots of uncertainty around, but we really need to be very wise in making our decision.

In my opinion for now there is no decision to buy at $37k, but now I'm still delaying it because I want to wait for the bitcoin price to drop to $35k, so I will have a little profit when I wait for the bitcoin price to return to $40k.

Decide or not.

There have been folks that have told that they're going to buy if ever bitcoin has reached a price below $40k. And now that it has met that price level.

We don't know if they have followed what they've said and if they've really bought at these levels. The highest price for the next bull run is likely to be a substantial amount that will shock the world again. But this time, we're not yet there.

The only decision I made is to HODL strong throughout these spikes in the current market. I may be missing out on the volatility.
But I will definitely gain some greens in the long run. I personally don't think bitcoin will go below $30k.
It has a very good support at that level and its heard to breach beyond.
Currently its at $37k and I think we might see bitcoin going sideways for the next few months

That's because not too many people see bitcoin as a store of value when you compare it to those who keep their investment in fiat or other assets.

BTC from what I know wasn't supposed to be paired with fiat and also ought not to have a centralised value, it should have been a medium of exchange between two parties who don't want government interference in their transactions.

But I think that as of today, BTC is more of a speculative asset than any other thing (store of value, cash payment system) but if there is massive adoption and BTC is used for daily txs, we will see it gain steadily and continuously against the failing fiat currencies. For now it is mostly speculative hence you should expect price volatility.

You have to chill. We all know that Bitcoin will get to $100,000 for sure, but it is not going to happen in a hurry, it takes time for the market make every move.

It took a very long time before we arrived at this current price we are at today (and reaching an ATH of over $60,000). Same way that you are aware of inflation, I believe that other people out there are also aware of it, even if they are not investing in Bitcoin.

People have been surviving inflation for many years now, so I don’t think this one is going to be anything different, people will also survive. All of us won’t be investing in Bitcoin, everyone have what they feel is best for them to do, and it’s good you chose Bitcoin, so try to focus.

Definitely hit 75k$, even 100k$, 200k$, but we need more time. To reach the recent ATH of 68k$, Bitcoin had to go through several price drops, even supposedly a dead Bitcoin bubble. The cryptocurrency industry is very young, it takes time to mature. Adjusted is needed to purge and find the ultimate gems.

What exactly is making people think that the war pressure between Ukraine and Russia is the reason why the price of Bitcoin has been dropping? Even both these countries have declared Bitcoin legal asset in their countries as of recent, so the dip in Bitcoin price has nothing at all to do with whatever conflict they may be having right now.

And in case you forgot, the price of Bitcoin has already started dropping long before now, so I don’t get why some people are trying to use this event that started as of recent to say that it is the cause of the Bitcoin price falling, when we all know that it is not true. After every bull run the price of Bitcoin usually dips, though there are things that might as a catalyst for it to happen, but in this case it has nothing to do with Russia and Ukraine.

Exactly. Most people haven't even heard about Bitcoin, so it's going to take some time before the cryptocurrency matures in the mainstream world. While adoption has certainly increased over the past 4 years, there's still a lot to achieve for Bitcoin to reach a wider audience. If you're patient enough, you'll be able to sell Bitcoin at prices well above $75k. Things are just going down temporarily due to negative events happening in the real world (like the Russia-Ukraine war). In times of crisis, Bitcoin proves to be a true winner as it's a censorship-resistant kind of money no one can stop. The more people become aware of Bitcoin, the faster the cryptocurrency will soar towards far beyond just $75k per coin.

Some experts say Bitcoin will reach $1m due to the limited supply and ever-increasing demand. Buying and "hodling" BTC now would be the wisest decision you can make. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my thoughts ;D

A long correction. Not sure how long the correction would loss. But on the other hand, would like to understand the market how it moves. More demand to it increases the price. Whales are now silent accumulating more and thats why the market is slowly moving up? However, its the right time to invest and pile up more bitcoin as well as other crypto currencies. Always, when there is a long correction, there has been a hype followed. Lets wait for it.

maybe the conflict between russia and ukraine is some of the problems that have caused bitcoin to slump, but before the conflict, bitcoin was indeed unable to rise sharply above $50k. from the beginning of this year, it was only able to increase to only $47k, the rest continued to decline and held in the $35K-$44K range.

I'm more inclined, people holding bitcoins now, such as fear of being able to hold on any longer (panic sellers) and fear of a decline below $30K, so they let go so they don't suffer more losses. but fortunately there are still many institutions that can still hold it so that bitcoin does not continue to sink.

Bitcoin price rushed too fast last year so was the market capitalization too. To strike a balance between demand and supply in the Bitcoin price might take a process of time. No matter how people switch from fiat to Bitcoin it won't make the price move up so instantaneously because the market moves in two direction up and down and its ATH as at last year was too alarming so expecting a retracement to make a balanced is much expected.

Today's market looks fun, the market is green again. Actually, the news of the war between Russia and Ukraine had made the fundamentals bad for Bitcoin. Russia is the third largest bitcoin miner. Of course, the fear of a price decline was there. But it doesn't seem to have much effect, today Bitcoin has passed one strong resistance in the $43,500 area. A good start to March, I hope the bulish trend will take place soon.

Exactly. There's always a long correction after each hype cycle. Anything that goes up has to come down, right? Fortunately, Bitcoin won't dive further in price due to its extremely-limited supply. By combining deflation and high demand, we should be able to see high prices within the not-so-distant future. $75k is nothing if Bitcoin continues to gain traction in the mainstream world. Those who're in a hurry to see a "bullish" Bitcoin are nothing more than newcomers willing to make a "quick buck". The rest of the people (mainly experienced crypto traders and investors) are patiently waiting for Bitcoin to rise back up again in order to reap up huge rewards.

Remember: "Patience is a virtue". As long as you're patient, you'll be able to obtain great results in the future. Who knows if Bitcoin ends up "beating" Fiat for good? Just my thoughts ;D

Patience is the key, it keeps repeating itself but a lot of people can't make it on this investment due to lack of experience, fear of losing or something else. Optimism is necessary but only to the extent of what one can bear to lose. It doesn't matter if they only prioritize short-term profits as long as they make profits because in the long term the price doesn't guarantee everyone can profit if the holder can't keep their wallet safe.

Bitcoin investment is not just about the risk of price volatility but in most cases I think users are also complaining about the security risks they have to face even though in principle it is the fault of the users themselves.

Being impatient would only just cause more mistakes on to your current or future trading decisions which it would really be bad on your trading career.Dont hurry up yourself into

seeing with those digits because everything would really come in time and it would really depend on the demand itself because everything could really be that unpredictable.

Lets just wait for the right moment and dont expect that this would be a smooth sail ride.

With things like options and derivatives in place now in the Bitcoin ecosystem, it will be much harder for the price to make massive leaps in price. This is because of all the structured investments making small fortunes off small moves. It’s what happens to all markets as they mature and it’s these added levels of stability that make markets more attractive for big players, which ultimately leads to a more slow and sustained rise in price. Many people are calling for an end of the 4-year cycle for this reason. They expect that we have reached the point where Bitcoin is more guided by investment than the reduction of block rewards cycle. That remains to be seen, as so far we appear to be mirroring the cycle fairly well, with the exception of the massive price drawdown where there should have been a bubble. Again, I blame things like options for this.

The question is not "why?", the question is "when?". Now the whole world is watching the drama in Ukraine. The world economy is in a fever very seriously, and if the war does not end quickly, a crisis is inevitable throughout the world. The question is where will people be saved during this turbulent period? Answer: they will invest in bitcoin not even for profit, but to minimize their losses. Then the price will very quickly go to those levels about which there was a question, and maybe even higher. I think we will see such a situation already during this spring.

USD is losing value, EUR is losing value and so as BTC. Bitcoin is not inflationary but it doesn't automatically mean that it'll rise now. There are times that it rises but we should also give way for the dips as it's part of the game. Energy prices are through the roof but what about btc? There's always debate about btc being energy hungry and someone said that the total usage of energy in btc is equivalent to a small country.

This can be one of the reason why btc cant increase and it can go down as someone won't adopt it and someone will quit on it for this reason. Easy to say people must buy btc but where will they get a money? and buying still can't guarantee an increase. Not all knows btc so they use fiat.

Right now it is very difficult for it to reach that price, but it is very likely that it will have that level or more, because the upper ATH is very easy for it to be overcome, however, the BTC whales that are bullish are just preparing and are in mode Hodl taking care of his interests, the truth is that the fundamental ones like war and others like the Covid-19 are the ones that are really there so that at the moment that those dips buy and buy, some actually see this as the best opportunity of their lives. Now considering the war between Russia and Ukraine, it is likely that the BTC will gradually recover, because the problems with fiat money begin, especially the regulations that exist against Russia, the most optimal way to move money right now it's through BTC, or crypto, so these are totally exploitable opportunities and at the same time it could generate a rise in the price of BTC.

Part of investors is cut off from buying crypto. I am speaking about those who are on Russian territory and are blocked by IP on exchange, or their accounts are switched from SWIFT (cant use card to buy crypto). I dont know the stats, but Russians buy a lot of crypto and are very interested in it (check out their local board here, one of the largest).

That's the most likely scenario that will take place soon. People will begin to invest into Bitcoin like crazy as the global economy sinks deeper due to the on-going Russia-Ukraine crisis. If Gold reached a little more than $2k for the first time in history, then Bitcoin can do better. It's just that not many people know about Bitcoin. Slowly but surely, we will get there as more people become aware of Bitcoin as an alternative to the current monetary system.

All in all, patience is key in order to see great results in the future. $75k is just the tip of the iceberg as the best is yet to come. Considering that Bitcoin reached new All-time-highs over time, it's probable Bitcoin will go higher in price within 5-10 years from now. Ultimately, it's not about the money but rather the technology. As long as Bitcoin proves to be a decentralized cryptocurrency no one can stop, nothing else matters. Just my opinion :)

Very true. I don't see a reason why, bitcoin  should just pump despite the inflation that happens to fiat currencies around the world. The best step towards a more stable price is a gradual shift towards the bears and bulls until. A rushed pump would make it seem like a balloon that is set to burst and would scare away many supposedly investors. People would take profit and you would see it dump quickly as it pumped and that would hurt the currency. Its gradual growth is giving a chance to more and more persons to dive in and for bitcoin to have more used case.

It's surprising how bitcoin has persevered over the years and still, majority of the world still view it for a scam. Well, some were meant to jump on the fun train late and we are sure to hear there sorry stories in the later future.

Your pure understanding about Bitcoin is quiet more difference between you and ordinary-man's understanding just as few people have said here and i want to see it as a choice for people to choose whether to buy and hold or to start involving their daily activities with bitcoin like using it for rent a building, or pay rent, transaction, tuition fees, name it all. Until they have a clear understanding on how it works then i don't think they will be open to jump into BTC mostly what happened last year; many of them jump into the market having the mind that it will hit to $100k but it was rather went down which led most of them to panic and pulled out from the market. At this point is not a thing of comparism but it takes gradual processes so let watch how it goes before the year ends.

If you've been here on this market for a while then you wouldnt really be having that kind of behavior on rushing out everything because this isnt how the market works and you
would definitely be aware that this isnt how this market moves easily and it do really surprises out most of the time because bitcoin could reach out ATH's that we dont re ally expect
out.Dont rush up yourself on seeing those numbers because it would really just frustrate you if ever it wouldnt really make out some movement.

I don't really panic over anything about the market so nothing to worry all about as we do have ATH in every year.
Basically i don't keep hyping myself to just see Bitcoin at the price which will led me to lose temper or something else.

Chill mate, we will be there soon  ;D

Bitcoin support failed to reach that point though only 6k dollars the last ATH left to break that 75,000 usd price.

I'm not sure if 2022 is enough chance to do this but one thing is sure here that before 2025 this will be broken and we will be seeing even much higher lol.

Sorry but we do ATH every year? when was the last time that we have reached ATH multiple years? at least give 2 consecutive years that there are ATH?


even if you hype yourself yet Market will show its capacity if worth to hype or not so better do your way to wait and trust the market.

It will come in time, no need to rush. And if you see an increase today, this actually makes the market happy. Regardless of the relationship between the current rise and Elon tweets it has always been a piece of the puzzle that was assembled. Should we take the market when we are bored and then wait for the moment?

I wouldn't trust Elon too much, but on the other hand, he always tries to play around in calm water.

In my opinion, this is due to the fact that many people who are already fairly familiar with bitcoin still consider it a long-term investment. They are not fully aware of its volatility, so they believe that it can not be used as fiat money for every need. People have bitcoin, they keep it. This is a saving. And fiat money is used for daily needs, so the interest in them exceeds the interest in bitcoin. Most people do not live in the future (represented by bitcoin), but today. And today they have fiat money.

So you trust that prediction provider? then what is the recovery time according to that site? you should share also the profits given to you trusting that one for time now because i will question your reason by providing that link here now.

there is no reason to panic because we are still in great value, as of now bitcoin once again broke 40k level and still climbing as i type this post.

Well aside from the fact of the volatility of bitcoin for me other reason why many people are still not convinced to buy bitcoin is because they are lacked of knowledge what this coin could give in future like profit especially considering the current price below $40k imagine how much could you gain when it hits a $75,000 or $100k. Regarding the question of OP how come BTC is not at least $75k yet well that's also a big question for us for everyone but we do know the market volatility so this will probably going to affect the price anyway.

The most important thing is to be vigilant. Panic will make everything go awry. It has to do with your money so you should have a variety of alternative strategies. Many people make Halving as a benchmark price movement. Indeed, if it is still repeated then this month is a bearish period. But the market at the moment is much different. Today's market is bigger than it was a year ago. The opportunity to change habits after halving can happen.

What you have said is true, Bitcoin is a really good asset for people to be holding right now, because the Fiat is inflationary and it will keep on losing value as time goes on. But, just that Fiat has lost value as of recent, doesn’t mean that Bitcoin will just reach a really high price like you have said. You do understand that this is a process, it is not something that happens within a short period, it is a gradual process. So, you need to have patience and watch the price and see it grow.

Looking at the price now and what it was before the last halving, you would see that there is really a huge progress. So, Bitcoin is really growing and we should appreciate that. Finally, you should also know that not everyone is going to invest in Bitcoin, not because of how good it is, there are still people who wouldn’t be interested in it and they would prefer to rather do something else that would also earn them income.

we must be vigilant if we are into short term investment or in Day trading but if we are into long term in which "HODLING" then i see no issue if we will just ignore the movement and go to our other ways in which staking or something related to that getting passive income.
i am not worried at all in our time now because i have seen Bitcoin since 2017 and i knew that is normal and also what this can give to me in long term investing.

Are you forgetting that during the second to the last ATH we had, that the market price didn’t really reach $20,000? It was just somewhere close to that range. So the market only stops where it is right for it to stop, and people should learn to have patience.

The market would go up, but I have seen some people who keep on expecting a bull run to take place even after we had already seen one take place just in 2021. They want it to be a process that would be repeating itself every yeah, but that is not how it works. There are times that the market would go up, and there are also times that it will go down. The problem with some of the people here is that they are lacking patience, and that is why they always end up missing that opportunity.

Anyone that really wants to benefit should invest and wait, next two or three years would be another opportunity. If you can’t wait till then, then you can look for something else.

maybe because, there are still many who use banking in their daily life and fiat still dominates as a lucrative transaction. there are still not many who use bitcoin as a means of payment because there are still many countries that have not accepted it as a legal tender, so there are still many people who still use fiat through banking.

maybe this is also a problem faced by bitcoin, because the turnover and trading using bitcoin is not yet very active so that passive movement makes bitcoin at a stable price and continues to be difficult to move.
if there are many large institutions that are willing to accept payments with bitcoin, it is certain that the value of bitcoin will increase.

but optimism must always exist with the development of bitcoin, with many countries willing to recognize and large institutions willing to continue to actively use bitcoin, it is certain that many have started investing their funds in bitcoin to make transactions easier.

For those people who do able to experience into this market would definitely be having the same impression on which they would simply ignore on what are the current movements of the market as of today as they are

fully aware on how this market moves which means that volatility wouldnt really affect them anymore so easily thats why they arent expecting something like those digits ahead.One thing is for sure is that they are really making out some plans or move that will utilize for them to take advantage with the market current condition without bothering themselves about probability of possible movements on neither ways.

Exactly. Just because Bitcoin reached a new ATH last year, doesn't mean it'll continue to grow non-stop. There will be times when prices will dip due to market correction. People just want Bitcoin to keep going up to get rich quick. But that's not the way it works. Patience is key towards achieving great results in the future.

Instead of whining, I'd advise anyone to keep buying BTC at current prices. $75k will inevitably happen due to Bitcoin's ever-decreasing block reward. That, alongside with high demand and an extremely-limited supply should lead us towards the designated milestone in no time. Who knows if we become the next Bitcoin millionaires by patiently "hodling" long-term? Just my opinion :)

Not everyone will buy bitcoin when it is not a legal currency in many parts of the world. There are some institutions or people with huge amounts of fiat, who only want to invest in things that are recognized by the governments. There are other people who prefer to invest in gold and do not trust bitcoin because of its volatile nature.
But keep in mind that bitcoin will reach 75,000$ or more very soon. It's just that we don't know exactly when it will reach these values.

There are a few reasons why bitcoins are not at 75,000 USD right now. The biggest are Russia-Ukraine war, threat of nuclear war, ongoing covid pandemic, rising inflation and slowing world economy. All these factors together made it a very bad start into 2022. But even with the short term outlook not looking so great, bitcoins are still above 30,000 USD. As long as we can stay above this important barrier I wouldn't worry to much. All these reasons are not a direct problem of Bitcoins or other crypto currencies, but rather a general problem in the world. Stocks and other investments are hurting as well. Once we can return to normality a rise in the bitcoin price should happen. Without these crisises the price would be much higher today. In my opinion we will see a new ATH later this year.

November when the market rose and reached almost $70k then I'm optimistic the price will continue to skyrocket to at least $90k, unfortunately the market was unexpected so the price dropped again, but I'm sure the price will recover soon and this year I'm still optimistic that $100k can be achieved.

But, my question is did you miss the opportunity of selling your coins? as it seems you are because you are waiting for the 90k pump. It's been 4 months already ever since the price drop and there are no signs of full recovery yet.

There is a small increase but the price will eventually fall down after a day or two. You haven't reached your previous target yet which is 90k and now you are expecting for more? you want 100k this time. What happens if it will fail again? I guess your gonna aim for 120k or more and so on. Market of cryptos will never be predictable so you should sell sometimes if you have a chance or if you think you are in profit already.

^ Surely it will but the problem here is there is no time frame when it will happen as we know the fact that BTC price is unpredictable.
I don't believe that this year BTC price will increase and reach the previous ATH, probably my guess is after on BTC next halving which was most BTC enthusiast's expected moment. We wait for the strong resistance that will come and for now, we should understand the market because other countries was facing difficulties and sometimes they become a cause of shaking the BTC price.

We are in an era where some people still prefer to listen to a longplay because of that melancholy memory, not because it seems vintage, but because they remain faithful to the traditional sound of the record player.

The rhythm that bitcoin carries is perhaps in its very essence the best, this has allowed us to find some answers in its scalability, so alternatives (LN, Taproot, etc.) arise from time to time,  then it is necessary that those who are remain calm.  :)

The price of your thoughts (or Dreams) and adoption to your will come...

Seems like the market went down from the all time high valuation after hearing the possibility of a war and that is not the truth. The market touched its all time high valuation and majority of the market went down and there was a period we thought we are moving in a full bear mode, but even the market is hovering over $38k which is a good sign and war has nothing to do with the current valuation.

I like this, I liked your thought that selling bitcoin if you think you are in profit.
But, I always like to say invest that money on cryptocurrency which you effort to lose. otherwise, you will never make a profit.

Everyone knows Bitcoin will reach $75K/$90K even it can surpass $100k it is not impossible. But, no one knows when actually that time will come. So, Buy the dip wait for the ATH, if you missed selling at ATH then wait until the new opportunity has come. Don't act like a loser, Never ever sell your coins at loss.  :)

The economic situation and world conflict that made Bitcoin unable to break through again to the $75k level, world investors prefer him rather than deal with big losses, wait for the economic situation and world conflicts to calm down, all elements will return to Bitcoin, at that time the Bitcoin price will reach $75k.

If memory saves me right, Bitcoin was unable to break this barrier of $75k way before the "world conflict" happened which makes it a debatable. And i hope the world conflict is not in reference to the current happenings between Russia and Ukraine  ::)

With Russia being squeezed out using its own economy with the blocking of swift for its banking services, aren't its people suppose to turn to bitcoin which should have shown bullish traits by now...

I asked myself the same question mate, and not just for Russia. Seems the inflation will be through the roof, so I expected people will buy BTC to keep their protect their money.

did I? and please tell us how much is the close amount? hundred bucks? is that something that needs to be discussed ?

bitcoin almost reached that amount mate so lets not make this an issue.

let them expect what they thing is coming but us who knows the market? we are not on the same track here
What we wanted to see will reflect in how much we can risk and how much we can maintain our position .

Everyone is supposed to turn to Bitcoin for saving money but the problem is awareness. Many people are not aware of the importance of bitcoin. But for Russia and Ukraine because of the war their citizens is supposed to know about bitcoin because they are looking for a way to survive in a hash economy.
Every country fiat will keep loosing value and by the future everyone will join bitcoin bandwagon

the war runs more than 2 weeks now but yet there are no sign of Russians or even Ukrainians investing large amount to bitcoin or at least in other altcoins? look at the capitalization of market still holding same before the war started .
this means one thing I believe and that is the both countries still not into crypto saving their money .
what do you mean by AGAIN?  bitcoin never crossed 75k mate but that is considered to be the barricade level.

Some of the citizens know about bitcoin as exposure of bitcoin in Russia is huge.
As we can see from https://triple-a.io/crypto-ownership-russia/.. it says that the 11.9% of Russia's total population currently own cryptocurrency.
So you can already see the awareness from that figure itself.


No, it doesn't work that way, when some country struggles, some would also enjoy it because they won the competition, that's why we have poor countries and rich countries.

No need to rush- let time do its thing in order to maximize the value of BTC.

Remember that due to a limited supply of 21 million in the market, the value of BTC depends highly on the law of demand and supply. In addition, its inflationary nature makes it a perfect investment tool for people who want to keep their BTCs long term. Imagine, 5-7 years ago, the price of 1 BTC was nowhere near its value today- so just be patient and let time do its thing until it matures depending on the value you are willing to sell your coins.

we just have to wait to reach $75k patiently because the real winners will be strong holders and the price is not too far from ATH last year. fiat supply from year to year will always increase this is where the basic difference is, while bitcoin is the opposite

My advice to you guys is to step aside from some stablecoin that you can use to buy dip because normally we shouldn't expect any parabolic momentum in the Bitcoin market and I am saying this base on the previous market momentum of Bitcoin after the Bitcoin halving effect market.
If Bitcoin replicates the old momentum we ought to see a huge market correction but the institutional investors holder are bullish on BTC and it still prevents it from happening but it may not be for long.

This is true, the bitcoin supply is fixed. So the higher the demand, and so is the increase of price. People are sometimes in a hurry to get their profits. But they should understand that it is not always on their favor here. We need to be patient if you want to reap your rewards. While waiting, you should be accumulating valuable coins before you regret in the future, that is, if you truly believe the future of crypto.

There are many things that can happen with Bitcoin. If you have debt, you can respond, but I don't think it's panicking enough.
I still believe that the marketability of Bitcoin is limitless.

Homepage : https://keonhacai.wiki/

I disagree with you because economics situation and world conflict cannot stop bitcoin price not to break through back to $75k. During the pandemic that took over two years and some months, made some countries to understood that no economy situation or countries conflict can stop bitcoin price not to pump or dump in the in the world. Investors are seriously busy to invest their money on bitcoin because the price has decreased to $38k which any moment from now, it will improve to $75k or $100k to allow investors to recover their losses. The level the price of bitcoin has got to now in the exchange market, show  we are about to see another favourable level of bitcoin price before the end of this month.

However, the use of Bitcoin during war isn't good for the price movement. There are many people try to do transaction with Bitcoin because of the sanction that they receive. Why I say that's not good enough because in war many people sell their asset to fulfill their needs even for the government too. Government although dislike to Bitcoin because can't control it, but they keep accept money in Bitcoin for pay war cost.

Inflation has hit a record high and bitcoin is seen as a hedge against inflation. This is really the factor for bitcoin to hit new ATH when fiat currencies are seriously depreciating and people will need a safe haven like gold, bitcoin is a great alternative next to gold. High inflation will mean that the government will pump more money into the economy, but bitcoin limits the supply. As demand increases, prices will climb.

Damn. I hope you have backed up your Keys. I looked at so many blocks and thought most of these people lost their coins... apparently some of them are just diamond handed. I sold so much BTC for worthless fiat money. Don't be like me, kids. Stay with BTC!

Profits is profits and people shouldnt really be having those kind of regrets on keep on looking back in the past on how much they could have potentially made off if they do able to held their coins for long years.
Not all does have the same level of patience or tolerance when it comes to waiting game because when it comes to future then no one really knows on what it would looks like so its not surprising or shocking
that you would really miss out  these opportunities due to unpredictability or random nature of the market which is something people do normally commits on.

Yeah i feel like the Fiat currency is losing so much value lately that everyone is noticing it, the printing ponsy is finally coming to a end. Crypto gives so much power back to people and yeah i agree BTC is worth peanuts currently considering it's potential.  But at the same time i feel like there are more rewarding options out there than BTC since BTC has already such a high market cap it's hard to raise the price. I been keeping these 2 projects on my radar for a while and i wonder what do you guys think of them? I'm really into metaverse/gaming niche and i like to keep my portfolio diversified when it comes to metaverse/gaming. First one is #Lunafi which brings crypto safe gambling to metaverse on Polygon network which keeps the gas prices low. Lunafi also has a Yield farming option for passive income if you plan on holding for longer times you gain extra rewards every time someone places a bet on Lunafi by providing liquidity for them. The other one that really caught my interest is #ENGN which makes game development on blockchain a whole lot easier, by allowing developers to implement blockchain technology to non-blockchain projects. Which is a matter of time till big companies see the potential of blockchain technology for their companies. Also $ENGN has a new shooter game around the corner which runs on Unreal engine and the gameplay reminds me of fortnite but on steroids. But i'm also looking for more suggestions to diversify my portfolio on the Gaming/metaverse niche. Thanks !  8)

That was my thoughts. The only think it hasn't started yet is maybe because the adoption isn't great. People still looking into other assets to protect their money. The properties in my area went up 50% in the last year.

Of course. Not every country supports Bitcoin these days. There are a vast number of people who don't know what Bitcoin is. If we include those people into Bitcoin, the cryptocurrency's price would've been more than $75k by now. Good things take time to reach the mainstream, so I'm in no hurry to see Bitcoin reach a new All-time-high anytime soon.

As you've said before, no one knows when Bitcoin will reach $75k per coin. All we can do is speculate with the hopes of seeing our dreams becoming a reality someday. The cryptocurrency is deflationary by design, so it should be able to reach a new ATH with every block reward halving. That is assuming demand stays high. With institutional investors, renowned companies, and prominent figures in the game, I'm certain 1 Bitcoin will never be worth the same as it is right now. Buying and holding while it's still "cheap" may be your best bet towards achieving untold riches in the future. Just my thoughts ;D

In fact, I thought that the distrust was more of a problem than awareness. Many people are already familiar with cryptocurrencies, bitcoin in particular, they know about its potential and purpose, but they do not seem to be able to accept it as the truth. Each time they delay their decision to invest in bitcoin because they think it's too late, or the price is too high, or a bunch of other reasons. And then bitcoin grows again and they regret that they didn't buy it before, but at this point their distrust grows even more, because according to their logic, after a big growth, it's definitely too late to buy. The situation is similar with the fall of bitcoin. Instead of buying, they drop their hands and say that such a fate will befall Bitcoin all the time, that it will always lose in value, and therefore it is good that they did not buy it. These people seem to me to be always in the wrong place at the wrong time. It is because of their distrust, I think

I think it is not just because of lack of awareness, I think it also has to do with fear of btc price going down, those who are aware are more concerned about the price, for someone who bought btc at 60k and watch it go down to 30k (who probably panic and sold at loss) will not consider to buying back.

While those who are still holding from ath are probably just waiting for the price to go back to 60k so they can sell. There are different reasons why majority of people are not saving money with btc. It could be lack of awareness,  it could be fear or it could be lack of trust as a result of the awful things about btc and crypto online.

Right now there still are too many things going on: covid is not done yet, prices are going up, uncertainty because of the war... Many people are still struggling to get to the end of the month or simply filling their tank, I can understand why bitcoin doesn't seem to be a priority right now, even though it's actually a great moment to accumulate.

Lack of money is one reason. Basic thinks' price went up but the earnings / income is less and unable to have extra amount in hand to invest in BTC though being very confident in BTC return. People who are rich, holding themselves back from investing more on btc seeing its current market move. This would be another reason. But when compared to 2020, number of investors have increased

This is logical, not everyone will invest in bitcoin, just as not all people invest in gold, silver, real estate or stocks. Everyone chooses for himself what to invest in, but you are right, there are more and more investors who want to invest in bitcoin. I think a lot of volatility is still holding back a lot of people. The situation may change when the price of bitcoin becomes more stable.

There's so many reason, can be considered behind
1. People need fiat to buy things for daily usages, regularly.
2. Government spread negativities about bitcoin as they know they could never control it.
3. Hacker hacked exchanges, institutions and took bitcoin! That might be make people afraid about using bitcoin.
4. Life goes well in reality. They prefer invest on real life business where they've experience cause bitcoin is unknown

Give some time and it will reach $75,000 but is $75,000 the ultimate target of bitcoin? For sure, No. Bitcoin is meant to cross 100,000$ and even more but this will not happen quickly. We need a lot more awareness and adoption for this to happen. Also, we need new retail and investors to enter in this market. Without the new money injecting in and without the increase in crypto marketcap, such big figures like a hundred thousand dollars will look like a dream.

Bitcoin price rushed too fast last year so was the market capitalization too. To strike a balance between demand and supply in the Bitcoin price might take a process of time. No matter how people switch from fiat to Bitcoin it won't make the price move up so instantaneously because the market moves in two direction up and down and its ATH as at last year was too alarming so expecting a retracement to make a balanced is much expected.

All this points you mentioned are now in the past. They are no longer factors that get traders scared. The Russia war with Ukraine is making bitcoin gain alot of demand as Ukraine is getting donations in bitcoin and other altcoins. No government is spreading negative news about bitcoin now as everyone of them is focused on the war and covid19 outbreak. Again, bitcoin is not unknown as you said. It has been around for over a decade. It is because of its popularity that panicked government to ban it in the past. You can not ban or be scared of what is unknown, will you? Bitcoin is well known in the world today.

We have to be patient and don't be in a hurry, we have to reflect on 10 years ago, where bitcoin had absolutely no value, even most people hesitate to enter the world of bitcoin, for fear of new things, because most people think this is a scam, but as time goes by the price of bitcoin is increasing, and everyone is flocking to the world of bitcoin, even last february the price of bitcoin broke through $ 58,000, so if you ask why the price of bitcoin bitcoin has not penetrated the $ 75,000 mark, maybe my answer is because people still doubt about bitcoin, and people are still looking for a safe place, and still choosing banks as a safe place for them to keep their money.

Let's not forget that bitcoin will increase its value also because the dollar (and fiat in general) will keep losing value because of inflation. So it will be easier to see new ATH but at the same time will be able to purchase less. But until when we don't change bitcoin for fiat is not actually a problem, at the end 1 BTC = 1 BTC ;D

Despite a big drop in the price of BTC to its all time high of $68,789.63, the number of unique addresses still stayed the same, suggesting that people are willing to hold or invest in BTC at the current time. This shows a strong level of confidence in BTC, which is gradually increasing in value. If we take into account all the good things Bitcoin has to offer, I think the $75K price will be only a drop in the bucket once Bitcoin enters the mainstream. Anyone new to this field is sure to be influenced by now or then. A high market dominance allows BTC to run for a long time, so we're waiting for that.

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

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

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

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

2010 oh look i mined bitcoin , hmm its worthless.

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

fuck you bitcoin kikery negrorfest of relentless crashing

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If energy cost drop rapidly ?

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

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