Bitcoin Forum

are we  going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/  the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?

OP, you probably should move this to the Speculation section--where I'm sure a thread like this will be in good company with all the others now that a new ATH has been reached.

It's funny.  I took a long nap, and one of the first things I thought of was what bitcoin might have done while I was asleep.  I kind of figured it'd remain stagnant, but nope.  Hard to fathom that it's above $71k, and I'm hoping the price doesn't go exponential lest we get another 2017-18 scenario.  Guess we'll see.

Why move this thread from speculation to economics? It suppose to be in speculation board.

The main reason for this pump are the institutions that are buying bitcoin and also because bitcoin supposed to be bullish this year and next year. We are in bull period.

Bitcoin has just surpassed $72000. $75000 is very close. We are going to $100000.

yeah a mistake mate , have just bring it back to the right section thanks for reminding me.
I expected the bull to be this year but yeah not expecting this much increase as I though 2025 is the ATH breaking year.

after a slight correction yesterday now it started ti climb back again and indeed ,75kis near the corner

https://coinmarketcap.com/currencies/bitcoin/

Done mate, thanks!!

While I did not expect this but like yours when I woke up in the morning? was shocked of market revelation bitcoin is a 71k (and now its 72k and climbing)

Yeah, it did it $73k, and I think there is no stopping as where the price will be pre-halving. Although I think the bulls intention is to break the previous all time high. But it's not out of control in a good way. And so it's possible that with this kind of bullish momentum, $75k will be achieved or even higher as we hit the halving. There were also speculation that we could see a correction just like the previous history. But this is the first time that we have seen this kind of price movement, so the previous run could not be applicable in this bull cycle as new patterns are emerging. As for what is the reason? obviously, everyone wanted to get as much Bitcoin as they can before the halving, as the demand is going to be huge in the next couple of years. And if we buy and HODL today, it could be worth something specially reaching new all time high at 6 digits.

Yes, we know that Bitcoin this year has shown a new ATH, above the ATH that occurred in 2021, this shows that some speculation has succeeded in bringing Bitcoin users around the world in a new direction, This is a good sign for Bitcoin's development at the moment, rather than doing random speculation, Bitcoin dies, Bitcoin expires, Bitcoin and so on, the fact that Bitcoin has shown the best of all time, that's the point.

I believe that at this time Bitcoin has not yet reached the threshold of its highest peak, it is estimated that Bitcoin will show its highest peak in early May, even though currently $75k has been seen, I believe Bitcoin for this year could reach above $80k, so I agree to hold back any more until the halving has actually happened and a new ATH is really visible.

I believe it is proven just more than mere speculation and over exaggerating about the potential and possibilities that Bitcoin could attain. Many must have doubted and some felt insecure probably due to how they experienced the DIP, forgetting despite the length of it's volatility there is always every potential of market recovery to bounce back and even exceed the previous price mark.

We only need to keep strong hold of our portfolio and welcome every new price mark to be attained in the coming weeks and months, nothing seems impossible when dealing with Bitcoin investment. Bitcoin should be able to see $80k in this month if only there would be no possible correction.

The only reason is, the time has come and Bitcoin has spoken, we will aim higher this time.
Hold if you still see Bitcoin can reach more and take profit when you’re ready and happy, we should be more cautious though because Bitcoin can’t pump that much continuously, it will always take time though considering the bull trend this time, I think this is really different and a stronger trend.

Many experts have predicted that bitcoins will touch 100k usd before the actual correction happens in the price. Hence there is more hope I must say. So we need to show more faith and hold till it reach 100k usd. Currently while writing this post, Bitcoins are at 73k usd and increasing. So lets hope for the best. It’s also seen that, more people are pumping it by buying the coins. So definitely bitcoins will go more up.

There is no reason apart from the approval of bitcoin ETF. This has really helped bitcoin price to reach this level. Demand and supply is plays a major role as you can see institutions and individuals are buying bitcoin, preparing for the halving event, because we are already in the period that bitcoin becomes bullish.

The price of bitcoin is currently 73k, and my speculation is that we might see 80k price before the halving, and 100k price after the halving. This circle is a special one from the previous circles, as bitcoin price is pumping to the prices that no one expected. I am hodli my bitcoin till the price of bitcoin hits 100k, then I can take some profit.  ;D

It will be very close to $75,000 then it will arrive in the next few days. :D

Make no mistake this is my own prediction. :P

Reason: It has entered the starting gate for a bullrun, before the ATH halving has occurred then after that the price will be higher, there are many factors why the price of bitcoin continues to rise because the market is getting crowded with the number of investors who continue to enter, believe me this will continue to grow.

Staying a HODLer until $100K or $150K is still realistic.

Yes, we will reach 75k soon. Maybe before the week ends, and i will be very glad. This is because when it reaches 75k we will be left with just 25k to reach 100k which is everybody's expectation. By then, i will be certain that the 100k will not exceed this year and that if bitcoin happens, it will be about 50k before it starts retracing back to the 100k.

Am still confused a little although. I said this because i dont know how bitcoin will do after the halving since it has already done enough this period, And should investors take profit now even if the halving has not occurred.

Its over $73,000 as I write this!

I have it in my head that because we have matched and passed the previous ATH and
the big rapid run up to do it that I find hovering around $71,000 a bit boring, we have
been spoiled with all the Bull activity, does anyone else have that?

$75k becons very soon, it might very well be tomorrow, the buy pressure is going to
continue for sure.

Yes, checking on the price, now it becoming a suspense specially if you haven't follow the price in the last 24 hours. I mean when I check cmc, it will show the old price until it will update and then boom, $73k and counting.

So obviously it will be $75k, the pressure from retail and institution to buy is going to continue as we have like 2 more weeks and then we will see the bitcoin halving event. I think everyone wanted and will continue to buy and after $75k it will be $80k that will be the next target. And usually if we break that whole number, it's going to be easy and there will be no resistance on the next jump.

Keep holding your bitcoin because today the new higher price touched and bitcoin pump above $73k, before halving time many speculation with new all time high price and don't be easily for selling your bitcoin right now because another ATH are waiting for.
I have make final decision never sell bitcoin before raising up to $85k but its happening few days before halving time, left one month keep motivate for my self holding bitcoin until my target price reach.

Do you have ideas until how much price for bitcoin sell? do you see the most expected price above $100k will come true when bitcoin before or after halving because many holder believing with the bitcoin potential will raise that price.

There is no technical analysis really in this space. The last was the prior ATH. Right now the only technical levels I can see besides some rare fib extension levels is the $75K and $100K psychological.

There is also the $100,000 CAD level which would be around $74K or so. So there might be some sellers in these areas which might stall the price a little before resuming higher.

I get that we feel like we are not entirely sure how high it could go, but getting to hype about it could also end up quite terrible if we are not careful. I have seen a lot of people lose all of their savings during the bull run and that is such a shame because the same people could have been super wealthy during the same period.

The main reason why people lose is because they take on way too much risk and they face corrections during the bull period, and this results with them having a bad return. I think it would be a lot better if we could just focus on what kind of money we could make, and also have some sort of risk management in place to make sure that we are protected when we are trying to make money.

but what about the before/after halving effect that mostly making the market
dumping ? yeah we already see the before effect (in which the price really grows up
and break the ATH) but what about the after halving? I am asking this not because
I don't trust bitcoin but I am interested in hearing good things to happen this whole
year, not calling the 2025 super bullrun year.

Maybe the price effect is dumping again because the season of hype/trend/narrative that is developing is not much in demand or indeed it will enter bearish again, because we know after a long enough bullrun, bearish will arrive.

Let's just wait after the halving ... there has been a lot of speculation that the price of bitcoin will be higher, you certainly have your own figures about bitcoin's ATH so that's what we want to know later and maybe 2025 will still be in bullrun.

I checked the price now and it was sitting at $73k. It looks like we are experiencing a consistent growth here, so what you are telling there is possible. We already drop a few times after we hit $70k, so I'm not expecting for any correction at the moment until we reached $75k. To sell now is not what you call a mistake (if this is the mistake you are referring to?), but just ensure that you bought a little earlier, if not, well it may be best to just HODL for a while.

I don't see a lot of factors for the growth of the price of BTC aside from the ETF and the upcoming halving. The one that you said where investors continues to enter is only common and always there but I must need to agree that new investors alone more than enough for driving bitcoin prices to test $100k levels in short term. So, continuing to hold would be a better option for right now.

wait what? bitcoin has spoken and that is the only reason? do bitcoin really speaks or it is the investors and from the ETF that makes it speaks?

well , it is what we need to understand here  , our capacity and our responsibility .

Our money, so we must be the one to decide when to sell and when to buy.

$75K is a price that will definitely be reached. Now the latest TlATH that occurred in a matter of 24 hours is $73,777. This increase or very positive market situation will continue and in a matter of weeks, several highs have been crossed before stopping at $73,777. This price will continue and will stop at $75K before the halving which still has 32 days remaining.

Hold before the highest price level is reached. We need to prepare a plan before it's too late.
The reason for the pump has already been answered by others here.

Latest new higher price of bitcoin reached to $73,700 and reaching to $75k its not much problem with few percent left behind bitcoin still on positive trend to make another new ATH. Today still not any bad news with bitcoin and not significant dropping make us optimistic for tomorrow easily reach the new higher price of ATH, I think the next target seem not only break out until $75k but also has significant pump for bitcoin more than $78k to $80k with halving seems at the end this month.
Hold awhile before few days halving come and take profit as much possibility with bitcoin still on the good trend, if you can't hold seems you won't be rich and loss the great opportunity with bitcoin on the up trend price until near future with halving time.

exactly this is why I am paying attention to the movement now so at least I am ready
to release some of my funds(at least 40%) before the big dump happen so I have a chance to
buy more when the bear starts covering the market.

Indeed, there are lots of speculation about what will happen and if the market
will have insignificant changes but all we have is futuristic expectation  ;D

Everyone just wants to know that bitcoin makes a new ATH every day, but does anyone wonder what happens after that? Because if bitcoin goes up to 75k$ or 80k$ but no one sells and bitcoin corrects afterwards, what do we do? Don't just always ask about ATH, but be careful with the market and prepare a plan if bitcoin suddenly reverses downward. Everything is very unpredictable when investment funds are trying to manipulate bitcoin prices to make their own profits. The fact that bitcoin continues to create ATH will stimulate everyone's excitement, but it is not time to celebrate and rest on victory.

I think big companies seem very greedy to make acquisitions, which may be one of the biggest triggers. On the other hand, there is almost a month left until the Bitcoin halving, and the Bitcoin supply will halve in a single night. Blockchain technologies are developing and there are many triggering factors. It was a sad situation for those who waited for Bitcoin below 10 thousand dollars, if they did not buy it at 18.19 thousand dollars, it was their own problem. It will be important for the price to make interim corrections and set new barriers to how far it will continue to climb.

So you are counting the number of times that Bitcoin has breached the ATH and moved below it? Well, you can't get the accurate counting ever this way. How you can make the countable counting is for you to make sure that there was a daily close above the level. You can count how many daily closes to ensure that a true break is enforced. For now, there have been five daily closes above the level, which is so important, though there are both bullish and bearish candlestick closes above it, regardless, it means that the bullish trend is intact, so we should expect more bullish surprise overtime and not a serious dump.

Besides, there is one powerful indicator called "Trend Magic" whose support level on the daily chart is situated at $67,929. It will take Bitcoin to break below it and have a sustainable bearish close below the level before I will take any bearish trend in the form of correction seriously in this wider bullish scope of the coin. If this level is not breached lower, of course, the $75,000 you mentioned would be unveiled in little time. It remains a few bucks for the level to be hit this week as the ATH of the week is almost $74,000. But this time, Bitcoin might need more like news and serious positive events to get the job done quickly as the FOMO is somewhat fading at this time.

What about now , is this the big correction today as the price drops badly to 67k https://coinmarketcap.com/currencies/bitcoin/  and are you keeping to Hold guys? because I have decided to keep my coins now since my target is 80k to release my coins but now that its not coming maybe I will continue keeping till 2025.
Those are the people that is now blaming themselves from not trusting bitcoin and will keep feeling sadness .

If you previously said is anyone wondering what will happen after this, then the situation now seems to have started to reverse from producing a slowly decreasing ATH.
This is where good planning is needed when facing two different situations in a short time. It raises the question of what steps I will take when market conditions improve and what steps I will prepare when the market suddenly moves down.

You are right that everything cannot be predicted easily by market conditions. It really requires a mind full of awareness in dealing with circumstances that change suddenly like now. In 24 hours, the market price of Bitcoin decreased by almost 7% after reaching a high of $73,777 yesterday.

Everyone knows the reason of this recent bitcoin pump, rather I would say that bitcoin has been pumping even before the ETF. After the ETF, we had a major correction where bitcoin went below 40,000$ but after that, we have seen no correction and bitcoin has crossed the All time high too and still no correction.

Bitcoin can go even higher, crossing 75K$, 80K$ and more but there has to be a time when we need a big major correction in order to make this pump a sustainable one. No one knows when we can see this dump but I think those who are waiting to enter in the market, they should wait for a dump. Do you think we would cross 100,000$ without a correction???

Obviously such a situation can be justified that Bitcoin could be at an even higher price level even reaching $100K because $73,777 is the current highest price before the halving.
Facing a situation like this, we need good planning without panicking when prices suddenly decrease. For us, corrections that occur like now are normal and some of us had expected this decline to occur.

I think it will pass $100,000, but I don't know when that will happen. If the current high of $73,777 has been bearish for a long time, perhaps after the halving an increase will occur and it will reach $100,000 as a new high.

Bitcoin broke the Bitcoin market's highest ATH record several times this March. But that record didn't last long, instead the market started dumping again. However, despite staying above 74 thousand dollars, the market has come down to 64 thousand dollars again. Bitcoin may not break another ATH record before April's halving. Bitcoin may cross the 100k milestone by the end of this year.

I believe continue hodling will make people  to see $75 very soon because, that is the target of many hodlers that are still hodling their BTC and it look like this current move will make such price to hit the market before the end of this year.

When the price fall down to $65k few days ago, many people thought that the bull run has ended until another pump occur few minutes ago for the price of BTC to hit back $71k to encourage hodlers to endure with their hodling because, the price will continue pumping until they are satisfy with the price of their choice.

Potentially bullish rumours on the Morgan Stanley ($150 billion market cap investment bank)  filed with SEC to buy Bitcoin ETFs with 12 of their funds.
The speculation is that they will also allow Bitcoin spot ETFs to be traded on their platform, which potentially could have a decent impact on the price.
More details:
https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-defends-69k-amid-rumors-of-morgan-stanley-approving-btc-etfs-on-its-platform-202403271900
https://twitter.com/BTC_Archive/status/1772978686133768479

If true, this has the potential to tip the price over $75k.

Oh thanks mate for sharing this news, and most likely this is very bullish again as we have seen the prices climbing back to $71k after some minor correction in the last 2 weeks that even push the price to a low $62k, and then it went up to $70k, then go on $69k. So yeah, it has a decent to huge impact, so let's see, we are almost at the end of the month but still weeks for the halving. And with this kind of news, maybe we will still see another push for a new all time high, it could be $74k-$75k. We will see how the bulls are going to fuel the market again with this rumors from Morgan Stanley.

Yes bitcoin price dumped a few days ago just after that bitcoin reached ATH level again now bitcoin price is around $70k. Bitcoin will not stop here but its value will reach 100000$ in few days. Now it appears that the halving is just a few days away, which will cause Bitcoin to halve its value, which will pump up the Bitcoin market a lot. Currently those who are holding bitcoins till now should never sell bitcoins like this but hold it when the time is right and sell when it crosses $100k and make a nice profit. I think the price is really going to be 100k dollars.

Yes, this is one that will probably impact the market as soon as possible. The fundamentals are getting better and I hope we will soon find a new ATH above $73k, but of course it is not certain whether the price will immediately rise or fall due to high selling pressure. There are a lot of large orders above $70k and that may make it difficult for the price to break through new resistance, but if demand is higher then the resistance will break.

For now it remains holding, no reason to sell even if $75k is hit late month or early April. Buy and hold is a great strategy to build a portfolio ahead of the halving, but I think everyone should be careful of false swings.

Pretty positive news.

With this news bitcoin is at this good level now bearable maybe to $75K will be at the beginning of April where this month is the halving for bitcoin.

Prices could even potentially be higher than now if the question of $75K might be considered small because with this news it will not have a significant impact but look after the halving I feel that the reaction will occur afterwards.

Since the creation of Bitcoin we have witnessed an extraordinary increase in the price of Bitcoin. Yes we have seen a new ATH record in the Bitcoin market this year which was previously in the history of Bitcoin in 2021. But this time the new ATH that Bitcoin touched was higher than the previous ATH. Rising Bitcoin prices encourage many holders to hold their Bitcoins for longer periods of time.In fact, if we hold a coin and the price of that coin increases a lot, we try to hold more and more of that coin. Similarly, many people are trying to invest or hold this coin according to their own ability to see the increase in the price of Bitcoin. It seems to me that there is no reason for the price of Bitcoin to rise. But many say that it may have been a short bull run in the market before the Bitcoin halving, which caused the price of Bitcoin to rise. Maybe the approval of Bitcoin ETFs could also be a reason for the rise in Bitcoin prices.

this is very good news can't wait for the day until quite literally bitcoin surpass everyone's expectation and reach that juicy $100k mark and then keep that as all time high, hopefully if worse come to worst
the floor price where its gonna bottom out gonna be around the previous all time high and we are finally on our way to 1 million dollar a bitcoin its gonna be huge.

considering that we haven't even pass halving event i see this as a quite rather promising future it definitely surpassed expectations of some.
remember guys from many technical analysis we're just shown that its just beginning of bitcoin to its rally around $100k or maybe more.
those that invested their money from all the way back then are definitely to harvest a bountiful harvest.
hopefully altcoin will also follow.

I think Bitcoin prices will continue to rise this year until they reach at least above $80k. I am optimistic because before the Halving occurred, Bitcoin had set an ATH record, which was in the price range above $73k. Therefore, when the Halving occurs, bitcoin has the potential to reach a price above $80k, it does not even rule out the possibility that the price of bitcoin will reach $100k, which is another new ATH record.

The impact of the ETF on bitcoin is huge and if this news is true, it is entirely possible that we will see bitcoin prices reach $80K or more very soon. But this also reminds me of something: in the past, many people thought ETFs were useless and they didn't take them seriously . But now what, everyone is watching the money flowing into bitcoin through ETFs every day as this is the biggest catalyst for bitcoin price to reach a higher ATH. I think the impact of the ETF has surpassed and is greater than the impact of the halving.

Bitcoin prices have seen a surge since the start of the year with Bitcoin ETFs. Where Bitcoin price this month has seen break its previous record and enter a new ATH. It cannot be ruled out that we will see Bitcoin hit $75k before the Bitcoin halving. More people are showing interest in investing in Bitcoin now than before. Due to the rising price, many people want to hold the coin and expect more price increase in the future. Many say that such increase is due to the approval of Bitcoin ETF, while others say that the value of Bitcoin is increasing due to the increase in the amount of Bitcoin holdings. What is the exact reason for Bitcoin's price increase? Many people can analyze it in different ways, but in my opinion, I can't find any correct explanation. I don't know what will happen next, but I want to witness the bull run ahead.

You got the answer right in your comment. Think about it, if the bitcoin ETF is not approved, large investment funds like Blackrock will not enter the market, we will not have large cash flows pouring into the market, so how can the price increase? Demand for bitcoin holdings has increased significantly due to the approval of bitcoin ETFs, both of which are closely related. The recent price increase of bitcoin is due to the impact of bitcoin ETFs, although many people do not like ETFs, we cannot deny this.

You are giving too much credence to the ETF in my opinion, the market acted positively beyond the ETF inflow itself, but the market feelings (psychology). First, I do not know anyone who will take an advancing opportunity in the cryptocurrency space for granted, it is obvious that the ETF is a plus for Bitcoin and would help the price to rise no matter how little. Nonetheless, the thing I know is that the market acted purely psychologically in the second half of 2023 rather than what people think of it. Had it been the ETF was filed for approval in 2022, it would have been a different story compared to what happened in 20. The effect would never have been like what we witnessed, so giving too much credence to the ETF due to the FOMO in the market is not so worth it, the main credence should have been left for the true effect when there are inflows through the ETF companies.

For better clarity, the market is funny, could you believe that an ordinary rumour could be so impactful in the market that people would be so surprised at what happened? And when the main news comes out, the effect might be so minimal or insignificant. That's the market for you, it moves psychologically. Now, what happened last year was the situation of the ETF news meeting the preparedness of investors as Halving was fast approaching. The mood was already there, the ETF was just a catalyst even as it had not helped with a single ETF inflow then. The fact that people did not want to miss out on buying Bitcoin at a better price caused FOMO in the market at the time, which was what was responsible for the bull run we witnessed in the market. It was purely speculative and not about the ETF directly adding the money per se. Ever since, what meaningful inflow has the ETF attracted to the Bitcoin market? We should know the sentiment of the market from an event. Bitcoin is an open market that is very accessible, unlike Gold and others who need more of ETF. For me, the effect of ETF in attracting money to Bitcoin through the ETF company is what I am still doubtful to be as huge as people expected.

I have similar expectations but we need to understand that there has been no major correction of Bitcoin price we may see some swings but yes it will surely esd towards $80k and all it needs is a surge like we have witnessed in last few months and Bitcoin trending around $80k itself is a good sign of strong support. $100k definitely looks difficult before halving but eventually it will be breached.

I don't put too much faith in ETFs, I'm just saying what's going on as I feel. I just know that thanks to the ETF catalyst, bitcoin reached an ATH before the halving and that has never happened before.

And talk about onchain data about the flow of money through the ETF to enter the market. There is a lot of onchain data provided by services, I think you have never tracked them so you already have some suspicions about them. According to some reports I read every day, on some days bitcoin ETFs are even buying more bitcoins than are mined each day. So, if you think that the increase in bitcoin price is not due to ETFs, you are not entirely correct. Additionally, you can also look back at the history of when gold was approved for ETFs, while it's impossible to say that gold and bitcoin will be the same, it's still worth comparing when it comes to ETFs.

you are right, the market has not experienced a high correction after the significant increase from last month, I am worried that the prediction of the market increase does not match expectations because there is potential for the market to experience a high correction before the next increase, we have to ensure market movements in a few weeks before the halving.

It is possible that the market will not reach the price of $80k before the halving based on the movement patterns in the previous halving period, but we cannot be sure of crypto market predictions because anything can happen that we don't expect.

You need to tailor your investment strategy to your Bitcoin holdings.You should choose holdings regardless of the forecast or actual price.

Of course I tried hard enough to hold on to the investment and still accumulate bitcoins following the DCA method.  I have bifurcated my holdings following the DCA approach with a roadmap of holding for five to ten years or until the halving in 2028. And my other halt is that I hold for every halving. So I will sell the hold in 2025 and keep another hold until 2028.

Bitcoin needs time to go higher than ATH but it is assumed that 80k$ will aquire in coming months. 100k$ is achievable price but about timing our thinking limits ends because everyone is deciding about their investment according to assumptions not the reality.

Bitcoin is 69k$ this time so there is a probability that it will get the cost of 80k$ very soon and if we talk about 100k$ then if Bull season remains as higher as it is then 100k$ will come till the month of December steadily.

We haven't seen $73k since Bitcoin price broke the ATH, I can't say it will get to $75k this very moment because when it was suppose to get to that amount ($75k) the market price fell very fast to $59k, but as we're in a new week and also a new month I believe things might change for good base in how positive the market price is and this might trigger some holders to start panicking even though we're very close to that awaiting moment, The HALVING.

that is potential but we have no assurance , bitcoin will be climbing after halving like what the recent after that event though there are a lot of different actions we have this year because look how much the price of bitcoin still while halving is so near to happen, in the past seasons ? we mostly dropping in this area but like at this point? maybe we will see different approach this time around , 3 weeks to go now guys keep your funds intact and ready to react .

i've seen some different pattern with this bullrun around where the recovery of price after correction is realy fast if compared to back then, thats the reason why i vehemently believe that such price point can get reached just within short amount of time no need to wait for another bullrun in the future i'm really sure that such price could be gained within this bullrun alone. even though i might come off as some kind of overly optimistic but i'm sure that $100k will happen this bullrun but not sure when, also not sure the length of the bullrun maybe this one gonna be a long lasting one we all know that the bearish back then was quite long so i'm expecting that this bullrun can at least go as long as bearish back then.

but what intrigues me though whats gonna be the bottom price of the next bearish, will it hit as low as before since back then people are so doubtful with the condition of bitcoin thinking it might get doomed but right now i think many people have realized that its a cycle certainly these people that already realized will always buy bitcoin at low so if this bullrun hits really high price, next bullrun the price of bitcoin gonna be massive.

After passing the ATH, bitcoin has not been able to move to penetrate $74K until now, certainly indicating that the halving period which is near may have an influence, so you have to wait after the halving. Maybe there will be two possibilities, correction or increase. Usually at the beginning there will be a correction, and then it will increase later, and the increase is of course based on assumptions and I think $100K will be generated at the end of this year.
But always maintain that if the opposite happens and cannot be achieved, of course it will follow the 4-year period which falls in 2025 with the latest ATH achievement.

As I said previously, crabbing at $70k levels for prolonged period of time was never an option. We had to see a further rally and test $75k resistance region or have an awaited by many correction.
I wouldn't quite call the recent flash crash a correction quite yet though, as it could turn out to be a small bump on the way up, but we shall see some more action in the days to come.
There is/will be some selling pressure from the UK market, as the tax year ends on 5th April and there will be a reduction in the capital gains allowance from current £8,000 to £3,000 from 6th April. It shouldn't have any major impact though.

actually it is people that does not know the system of investing in Bitcoin that will not hold their coin as the Bitcoin market is changing in shape, so therefore we need to understand the basics concept of Bitcoin knowing that it has two ways you can be beneficiary to it bullish season, if you have scrutinised bitcoin very well...so in normal circumstances bitcoin price now might increase in future to hundred and forty thousand, anyone that have bitcoin I will advice to hold instead of selling it's bitcoin now base on the price is increasing in the market.

actually nobody can predict the future of Bitcoin exactly, but this increment in Bitcoin is showing a sign that bitcoin might increase more and more if time is not taken...I know quite well that sometimes the price of bitcoin doesn't end well so I believe that the price that is not ending well might be as result of the market demand and supply but right now the market of Bitcoin get increased more and more and its best time to accumulate more of Bitcoin against future increment.

I believe that the price may drop and if it drops it will not take much time before it retrace, because after halving the increment might skyrocket higher and when it wants to drop, it will drop drastically,  so it's better now, whosoever that want to invest more in bitcoin should go ahead so that during a bullrun it be of more advantages of making profit..secondly don't depend on some people speculations, just believe on your own knowing that you have examine the chat well and compare it to some people speculations analysis before you can take a rightful decision.

Experienced investors have learned a lot about how the markets work so far - that means they understand how to take advantage of ongoing cycles. We are in the bullish phase where the halving is very close - so the priority now is to hold as hard as possible and accumulate as much as you can.

Weak hands will sell for fear of losing a few percent of their profits due to a price correction - but strong hands will hold and accumulate on every dip. It's up to them which one is best - we all have our own ways and can make our own decisions when it comes to investing.

Since we're in a new month is it that we're going to see a new ATH, since the previous month went off with Bitcoin price dropping so fast that it seems like it will get back to $40k? I kinda feel like the delay we had last month will turn out to be in our favor, talking about holders, investors and traders as the case maybe.
In as much as we have the figures dropping very fast without going back up (last month), I feel this time we might be seeing something different, something higher than the previous ATH not $71k or $73k, let's say $80k to $85k+, who knows what the market price have for us this time around.

The price of bitcoin dropped because there was news of other effects that affected it but bitcoin never returned that low to $40K even though we considered going to $40K as a base price but fortunately $60K was still high even though it was the best price to buy.

Different from the current month because the halving will fall in this month just waiting for a few more days, my opinion is that the price will not move significantly it will definitely sideways in a few months before jumping back to $ 80K obviously this is not the right prediction the same thing where BTC is approved the price does not just go up immediately.

BTC is slithering across the line here with its passing of the ATH it moved ahead and pulled back quite uncertain still.  It could be a positive signal moving into next week if it can manage to do so.  Only this last week 7 days ago did BTC close above 69k on a weekly bar closing basis and thats just the one weekly bar which isnt enough to provide confidence to the market especially.

For now till BTC confirms confidently above prior ATH as something of a support line we should doubt the gains stay solid I think is fair conclusion.

surely the halving when it arrives gonna be underwhelming doesn't mean we're in for bad season though the market is bullish everyone is readying their money to buy whenever price dipping happens its overall good landscape with bitcoin there are very few limiting factors there other than maybe whales dumping their coin to take profit but i'm sure even that could still easily be overcome by bitcoin market since everyone including the guy with smaller capital are also trying to accumulate.

I'm pretty optimistic as the guy above with price of bitcoin after it breaking through $70k im pretty sure it will do wonder and give us that $100k target before the end of the year, i could be wrong but im just faithful and optimistic since bitcoin has never disappointed me even in the past.

Hopefully the strategy you apply can always run quite smoothly because we all can't know what the actual market conditions will be after the halving this year. Although almost everyone believes that the market trend will remain fine as long as the price decline in Bitcoin is not too significant because if the price decline only occurs in a very small percentage, of course there could be more price jumps in Bitcoin. And those who continue to hold it with sincerity will definitely experience quite a lot of victory.

The current surge in bitcoin prices over the all time high is nothing as compared to when we see the bitcoin prices move parabolically in the bull run after the halving. Bitcoin dumped from almost 73K to 63K ish level and some people are panicking and saying that the bull market is over and other things. These people have no knowledge about Bitcoin and its pre-halving and post-halving phases. If they had some knowledge they would be saying such things.

I would just say that these small dumps are the buying opportunities and after the halving and in the 3rd quarter of this year, we will see the most bullish bull market big parabolic moves that no one can imagine at the moment.

Well am too sure about the technology that's behind bitcoin but the way the bull run elevated the price above the previous ATH is first that we haven't seen before and for now anything that has lead to the reduction in price of Bitcoin, I believe its all correct and preparations of the halving and the bull market that comes after it. For now the price is lingering around $60-70k and its become Normal because of the fact that bitcoin is getting ready for the big bull ahead.

The current resistant price crisis may persist for a while and at that we may be seeing a frequent attempt by bitcoin to constantly break it previous all time high each time but when the price goes above the 71k+ price it get pull down again and again and this is what have been to occurrence in recent time  but I believe after the bitcoin halving,  we will likely see a new all time high price that could surpassed the  recent ATH price and this is what we have to look out for at all time.

Another thing to take note of is the recent price break out of all time high before the bitcoin having which is what may cause a prolonged price correction in the coming days and weeks before we eventually see new all time high.

I think since we're expecting the halving this month that's why the price of Bitcoin came back to it's normal sense, for sometime now we have been seeing the market price at $60k to $69k, so it has been going until today (if I'm not mistaken) it got back to where it was before which is $72k and I'm some how expecting it to get past the current price to maybe $75k or more before the week runs out.

As the halving comes too close, buying demand tends to increase making the price of Bitcoin surging high like we are in ATH every day.
More pumps are we going to expect in the coming days but of course, some corrections can be possible as well. With the uphill climb of Bitcoin's price these days, many people will take advantage of the situation and sell their coins for a profit. If ever the price hits $100k within this year, that gonna be the new ATH for me and I certainly be selling my Bitcoin that time.

It doesn't matter if I enter a bearish market again, as long as my FIAT reserves are still there I will buy it again. I will not sell my assets before 2025, because entering 2025 we will see how bigger bitcoin is. now it's still the early stages of a bigger bullrun. take advantage of the higher price now as I fear $60k-$70k is the floor in the future.

Yes, and with that we have a pump to $71k-$72k in the last 24 hours.s

Unfortunately, it wasn't maintain as the price dip again to $69k, it's not a huge drop, and from what I'm seeing, there is another profit taking from short term speculators or day traders. But still, we should be looking at the long picture here.

We are still not yet in halving and so we should remain calm and patience and wait for the halving to happen first and see how it goes for this year.

That's the problem, I don't have a lot of fiat reserves during today's correction to $67.5K, I can't buy because of the limited fiat I have, as a result, I see the price has now returned to $69K, try to take advantage of the correction opportunity but I realize that I won't force it unless I buy when fiat is available.

It could be where the price of $60K - $70K will be the lowest point in the future considering that the ATH of bitcoin continues to see from the previous ATH, the lowest price will be higher over time, what is clear is that I only take advantage of the opportunities that exist where when I can buy but when there is no will not sell the price of bitcoin until 2025 because for me it will be the peak year.

I wont be surprised if another ATH price is reached. I meant we won’t be surprised anymore. We know the craze of Bitcoins and its real. Hence we might see the ATH price breaking multiple times before the halving. Moreover if people keeps on buying the coin, then it will lead to more price rise and eventually something new will be seen. Let’s not take too much tension now. Let’s just observe the graph of the coin.

During March the price of $75k had not been reached. Entering April, the highest price still had not reached $75k.
We need to take a break as we prepare for a high that could reach $100k. During this month of April we were also well prepared for when the price could jump to $75k and pass it optimistically amidst the doubts of some groups of people on Bitcoin.

Hold is still our best option with current Bitcoin holdings. When the halving happens, maybe that's when we'll get big returns.
There is no better option right now than to hold and add Bitcoin to your wallet before the price breaks and passes $75k.

Yes, it didn't get to $75k last March but guess what, we have a new all time high at $73k and I guess everyone will agree that it is good to see that price. Nevertheless, if we get to $75k before the halving we will take it as it is. And speaking of halving, we are just 9 days away from it. All of us here could have a feeling excitement that once again, we will see for ourselves, (this is my second time). And with that, we should be a long term holder more than anything else as we are expecting a huge bull run this year and then the top price next year. $100k is a conservative estimate, so just HODL a bit and have patience.

Holding your Bitcoin should be a best option to someone who wants accumulate Bitcoin in future because someone who have a short site concerning Bitcoin will not hold it's  bitcoin for long time, so for my understanding I think that it is proper for you to make an investigation before holding a Bitcoin and you should not hold a bitcoin because some people who is with you are holding Bitcoin but you rather try to investigate properly before you hold bitcoin and know they advantages and disadvantages of holding it so that is my own advice to whoever want to invest in Bitcoin for long. Because the price of Bitcoin clamping I'm also get to a point that it will depreciate

It is impossible for people who have experienced Bitcoin's ATH to doubt that the next ATH will occur. The number of days is according to estimates. Regarding the price of $75k before the halving or maybe below $75k, for us there is no reason to be pessimistic. Give it a chance to move as it wishes to surge higher afterward.

When the long-awaited time comes, Bitcoin's ATH price reaches the lowest $100k than expected and may not cross the $100k price, holders who have been waiting for a new ATH for a long time, I think will change their strategy in preparation for the new future.
I mean by long term from the lowest price to the new highest price with the assumption that after $100k is reached, the investor will reset to a new strategy.

We almost saw the market price reach $73k but unfortunately the market correction happened so quickly that the price fell drastically to reach $65k, I am not surprised by the correction that is happening right now because the market has created a significant movement pattern and the same thing is likely to happen in a correction market, I think this second market correction will not be able to recover instantly and indicates that another correction will occur until it reaches a price below 60k, so prepare your budget to set a DCA investment target at the lowest price.

A few days ago we had a chance to touch $75k dollars but instead of going to that level, the Bitcoin market went back to dumping after going closer to $73k. If you look at today's market, you will definitely get a lot of pause because the market has experienced a lot of volatility. From the market $71k dollars it turned into volatility and came down to $64k dollars which is a huge bear.  But we should hope that as we have Bitcoin halving waiting next week, the market will bounce back soon. However, since the Bitcoin market is still very low, you can hold on to the investment if you want, and you will certainly have the desire to make a good profit in a few days. Since the market is jumping right now we are definitely going to see it pumping higher in a few days, then surely the Bitcoin market will be in a good position. And if you invest bitcoin now and hold for long time then it will be best for you, and you will get much more when bitcoin fry reaches its peak.

In just a few short months, bitcoin increased from $15k to $30k and from $30k to $73k and those who bought bitcoin for less than $20k, they made double profits 3 times. But I haven't seen anyone say bitcoin increased too much or skyrocketed, but when bitcoin only decreased less than 10%, from $71k to $64k as you said, you think that is a huge bear. Is this fair or are we being too greedy to just want to see bitcoin just go up forever and not want it to correct? Overall, there is nothing to worry about with the current situation, bitcoin is still holding at a very good price.

Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.

You are definitely coming up with good ideas. During low BTC prices your holding will help you achieve your goals but you need to be more cautious. We will see a lot of ATHs this year - I think you should aim higher in the meantime as you may not get the opportunity to accumulate BTC at the current price. So I will tell you that you should make your target $100k fixed only then you will get more success.

It's because no one wanted to see the price to go down, that is the normal response for investors. Even seasoned and veteran investors want's to see their portfolio to grow overtime. And in the first 3 months, we are all green, specially in February when we hit a massive 43% increased.

Now in April and approaching halving, we are -10%, nevertheless, it's not yet the end of the month, we still have again the block halving before the end of April and we will see if  the trend will continue or not or if we are going to make that $75k as it seems the logical barrier to break.

Its not easy as we all know that during the bear market we should hold, but there is always some profitability in doing so, if you can wait to see the asset of investment you have is within your capacity and then hodl, you will see the reward in due time because the market will definitely rise and pump back as usual when the time reach, but many would have loose patience and hope from waiting till this same time comes and they have the same opportunity they have always waited for.

Yeah, but it is not easy to wait between that high and low levels as well, not many people remember that and it should be something that we need to be careful about. I personally believe that it is not easy to make something like that, and we should be careful with what we have and not really necessary to go for big.

I believe it is such an important situation and couldn't be more far from the truth. It is definitely a situation that could get as much better as we possibly could see in the end. I believe that best we could do right now would be just waiting, and waiting is hard but it is a must in the crypto world if you can do that then you will earn.

But why need to keep Hodling when we can sell now and buy before the growth?
this market is going same thing like how it use to be in the past halving season in which the
price will drop badly day before that specific date.
But indeed that you can just keep holding if you are not in multiple chances of
earning try not to deny the chances mate but try to be safer as well.

You know you don't really have to be a diamond hand to know the risk in selling in a case like this, how are you so sure that the price would go down after now and what if you sell of yoir holdings and the price only continues to go higher.

One thign I'm sure about is that bitcoin is unpredictable and no matter how much speculation that is done, it can't be 100% right, so it's good you approach with caution that anything can happen from here on out, rather than going with a fixed assumption that this is what would happen or something else.

In a case of uncertainty like this, it's better to prepare for both possible outcomes, so I started of selling all of yoru holdings, it's better you sell only part and keep the rest, just incase it doesn't go your way and also keep extra cash to buy back if the price starts to soar I stead of reducing.

If your are still an early investor with little bitcoin, it wouldn't be wise to sell off any of your holdings with expectations of buying back cause you may well end up not beign able to buy back or even giving up on accumulating bitcoin.

Those who look at the market from a long-term perspective still hold their bitcoins to reach the 100k target. In the short term, market changes don't really affect them as much as they do you. Bitcoin will definitely go to 100k but it may take time, and patient investors will win in the end because they know the future potential of Bitcoin. So I think your decision is right about waiting until you achieve the 100k bitcoin target. Bitcoin has already broken the previous ATHs, Bitcoin is now in the price discovery stage so it will be most interesting to see where Bitcoin's next stop will be.

Right, although we have seen new all time high, that is not the top price for this bull-run as we are expecting the market to go on parabolic rise and reach $100,000 or more next year. So we shouldn't go on a celebratory ride or something. There is more room for us to growth from today to next year.

And that kind of investor is what we call diamond hand, or at least knows that the market has just started to warm up. And now that we are in the halving, the more this set of investors are calm and patience and look at the long-term perspective.

Just a question, what are your thoughts on the BTC halving? When do we expect its explosive price increase in the market?

From my experience, the price of BTC suddenly increases during the halving but there have been speculations that JP Morgan is trying to tell everyone NOT to invest into BTC. Not sure on how this would affect its price but I am just happy that I got to experience the halving by actually preparing for it- bought $300 worth of fiat and converted it to BTC.

I submit that the price of BTC would reach an ATH perhaps 2-5 weeks from now. My only basis for this is its price history and the past halving on how it exploded on the market which prompted FOMOs to purchase BTCs.

It depends in your timing. If you enter when the market is giving a sign of bullishness, then waiting for the actual bull run won't be long enough. Same thing can be apply in the opposite market movement. That's great if people don't remember the difficulty because they will only take it easy. The main mechanics of investing is having a patience and if there is something that we must be careful at, that will be during the picking phase or choosing if what cryptos we will decide to buy and HODL.

It's okay to go for big once things are settled like we have a big capital that are not tied for our personal spendings and we already know what trusted cryptos to buy, then lastly we already have a god-like patience.

Yes this period is where decision making is very important I know is hard to do away with emotions particularly this period ATH is occuring and preparation to the halving where the bull run will soon commenced , it take men with heart and free from emotional disorder to keep holding. Those who really know what they want remain unshakable and unmovable in their holding because their later end is where the game matured.

I like this type of attitude. People and investors need to have clarity like this. If you are investing in Bitcoins, then you need to think of something big. I have often seen the investors get into fear and panic sell the coins when price starts falling. Instead what they can really do is think this as an opportunity and buy the coins at cheap price. I have even heard that many people are planning to hold the coins till it reaches 500k USD. So lets hope for the best and keep on accumulating the coins.

Everyone here think of something big with our investments, and then we have learn thru the years that it is possible. It's really that simply, but it will take a lot of mental fortitude. Because what we gonna do is to buy when the price is low, and that is in bear market, so that is around 2021-2022. And then build your portfolio till 2025. It's not just because we hit all time high already that we will sell right away. We still need a year, to reach new all time high and the prediction is that it will be around 6 digits. So that's where the mental toughness comes in because you still have to wait one full year, + patience in order to make a lot of money in Bitcoin market. But the thing is that many have done it before, so it's just really up to us to stay focus and believed that we can also do it.

When an investor tries to look at the market based on the actual state of the market rather than looking at the market emotionally then short-term price changes do not affect them. They are the ones who can take maximum advantage from the market during the next Bitcoin bull market. The way Bitcoin went to the new ATH, many were not ready to see such a big uptrend, and everyone is now considering what the next new ATH will be. The market is correcting now and I think this correction will give a lot of boost to the next uptrend.

They have high optimism so they have confidence where the price of bitcoin can go to $100K according to their predictions, for me this prediction is still reasonable because it is bullish before it fully comes, if we expect more then it is still very possible and let investors have confidence according to their wishes.

My first target - $100K second $150K so when the price hits target 1 will release half the bitcoin owned then when the price of bitcoin continues to soar then $150K will release all of its holdings.

I have no doubt. Even many people predict beyond reason but it doesn't matter this is just part of their speculation and predictions that are said.

I think the lows recently caught an uptrend that extends over months going back to last year however the recent action has formed some negative action that will have to be digested before we can progress especially
https://talkimg.com/images/2024/04/25/rd1Rw.png

The uptrend or diagonal line upwards here is roughly in line with the majority of the BTC price action since we registered lows early autumn last year.  Since that time the pace has been regularly positive, we could not have reached 70k aand held it so well if that were not roughly true as a spike up is very often returned backwards just as fast.

The uptrend should be stronger as the longer duration of the two.   We just have to see that fight play out and correctly confident to back the winner when it concludes.  We are below the 50 day average and we are just lying on the weekly average so its a fight still underway.

You have done the right thing by continuing to hold it, because the ATH will occur for the second time and will be bigger than the previous one that was done before the halving occurred.
$100K was a prediction that was made in 2021 but was not fulfilled, but with the current situation it will probably happen at the end of this year, before finally forming a renewable ATH in 2025, which will probably be even higher.

Even though currently the price of bitcoin is falling, I really believe that the price of bitcoin might exceed its ATH again. in a few months, I think it could exceed $75k, and could even reach $100k in the future. There are many factors that make it difficult for the price of bitcoin to rise at the moment, but sooner or later, the effects of the halving will probably push the price of bitcoin to reach a new ATH.

We are looking at around $100k++ as the next all time high for us, and almost remember that,

a. after halving it will take months or at least half a year to see the price going up
b. it's also business, there are miners who really have to need to make money, so sooner or later the market will bounce back

So key here is that we already have the precedence, previous historical logs tells us that every after halving, the price is going on a parabolic rise and a new all time high is going to be set by the market.

Based on history and theory, we are in for a bullish season in the next few months. But there is one difference: this year we have bitcoin ETFs and the world economic situation is still in a bad phase so it is difficult to confirm that the bull season will come.

I still hope history will repeat itself and am still waiting for bull season to arrive. But I will not forget to prepare myself for the scenario that the bull season may be delayed due to the influence of the macroeconomic situation as well as the manipulation of bitcoin ETFs.

Prepare yourself a backup plan, don't be too subjective and overconfident in the two factors you mentioned, they will definitely create a bullish market for us.

Wow, that's a big price, but I think it's achievable in the next 5 years or so. But right now, the target is $100k, at least that is the conservative estimates that almost majority thinks that we will hit in the next bull run or our new all time high.

And then after that if you don't sell in this bull run and continue to hold then good for you. Others though might take some profit this bull run. But me thinking though what you said, because if I just hold my coins that I accumulated from the last bear market it could really be big money this incoming bull run but it's mentally tough but it's doable in my opinion.

A fun fact, if adjusted for inflation, Bitcoin has not yet broken the previous ATH.
According to this article (from March 2024): https://truflation.com/blog/sober-truth-bitcoins-real-all-time-high-is-76-623 the previous ATH of $69,044.77 (Nov 2021), when adjusted for inflation is an equivalent of $76,623.74 in today's money (or March's money).

I think it's a good idea to focus more on the actual value (i.e. purchasing power) instead of looking at the nominal figures only. It helps put things in perspective, especially when comparing prices in 4-year cycles.

Dreams are not taxed so we can predict and dream about the price bitcoin can achieve, 500k$ or 1 million...But let's look at the fact that we haven't even reached our $100K goal, which we've been dreaming about since the 2021 bull season but it hasn't happened so far. So, expecting a higher ATH is unrealistic. Bitcoin still has long-term upside potential, but we also need to note that bitcoin's growth rate is gradually slowing down and becoming more stable. Bitcoin has become bigger, it can no longer bring x10, x100 profits like when the capitalization was small. So, expecting bitcoin to reach $500k or $1 million is somewhat exaggerated and unrealistic, let alone claiming that it will happen in the next 5 years.

Sure but some people can't help but look at it and be awed at the wonderful thing that's currently happening with bitcoin, I mean the price is going up and if you're hodling, you know that you're going to be making a lot of profit from that and the inflation is just for the USD right? If that's the case then it's just a problem for those that are mainly on the USD using country, not those that are using it as a primary currency. I would also like for people to chill down with your hype around 100k bitcoin because it's not going to go to that point anytime soon, remember that there are other anonymous investors out there that don't have the 100k as their target price and there are thousands of people selling everyday because the bitcoin price moved up a little.

Only $70k? Have the massive Bitcoin bulls become so conservative or are pickings just too slim elsewhere? We're not yet climbing to ATH, so a move up now is temporary. Would actually prefer to be testing some lows at this stage, been a while since we've had a proper scare, everything's far too rosy for my liking.

And where on earth did that looming global crisis disappear to? I feel like we're due one, not this piffling coy little play things of inflation reports.

That's right, Happy 2024 still has quite a long time and there is still a chance to print a new ATH. What we need to do is keep saving very large amounts of Bitcoin and make sure we never use it, maybe for the next ten years then huge profits will come your way.

I do agree we all have our dreams and what price we wanted. And with that, we should really be careful of our predictions, who really don't know, maybe we can hit it or not. But yes, it should be really baby steps, maybe in this bull run we will be looking like $100k++ first and then before we can talk about half a million to $ 1 million.

That's a big dream to all of us, and again, just imagine if it become true, what will be our life will be then.

And that's why we really need to keep dreaming and continue to accumulate no matter what.

currently to reach $75k is very difficult because it seems that the halving does not have a significant impact on the increase in bitcoin prices. You can see that after the halving occurred, the price of Bitcoin has remained stagnant and even tends to fall. I'm starting to believe the theory of some people who say that the ATH this year is $73k. but I still hope that the price of bitcoin can reach a much higher ATH because until now I still hold the bitcoin that I have.

Did you expect fireworks or the "God candle" the very minute halving occurred?
The effects of the halving will be spread over longer period of time. If you look at the previous cycles, you'll see that it could take months or over a year after halving for the price to reach the peak.
Patience.

You perhaps didn't quite get the spirit of my post, heh. A new ATH this year is the general consensus, really. Post halving and all that, buoyed by an unexpected pre-halving ATH and ETF euphoria, tag on an unexpected boom for the US economy, you've got a cocktail brewing. Just not sure people will like the withdrawal after that. A crash now rather than later could innoculate some of the blowback, that's how I always feel with these cycles.

@tengui should already know what bitcoin price movement patterns are because he has been here since 2017. He has been in 2 halving cycles so I think he already understands when a bull market can be expected.

It is true that patiently holding and continuing to accumulate is the key to success in getting more returns from bitcoin investments. Halving does not immediately push the price of bitcoin up so much in one to two months, but the price will rise over time even if it takes several months. Patience is key, but maximizing to build a portfolio should be a good plan right now.

Right, at least 6 months will be will good to see how the effect of the halving is to the price. In the past we have heard this kind of sentiments as well, that the effect is not felt and there are some kind of skepticism.

Nevertheless, Bitcoin has proven these people that they are wrong, prices will eventually grow but it will take some time. And it's like that the market is going to test each and everyone of us, and only those who is known to have a "diamond" hand will survived at this kind of investors are looking at the bigger picture and not worry where the price is today. Just wait till the end of the year and maybe by that time we are in the six figure mark of $100k.

100k is just a round number, I think of that figure like I might 75k its in the area now but less of a big deal then when we were stuck in the teens looking up at these prices.

When BTC breaks free of these old prices and volume from years ago it should go much further then just another 25k.  Thats been the dynamic previously that unimpeded by historic volume the pricing rose far more easily then expected.

No doubt people find a magical resonance about 100k but every price in every country is slightly different, dollar is most common but not the only price.   In any case Dollar has altered over time alot, its not a fixed standard or worth and inflation only reflects dollar's constant decline.

And just like what, when we talk about $71k, bitcoin prices again rose to that price and in the last 24 hours we have a huge uptick in the price and for sure we are all very happy to see the price at this range again.

So it' just like $2k from the previous price, and with the way the price is rising, we knows, maybe before the end of this month, we will see a new all time high.

Bull have awaken up and this is the first sign of the price movement after halving, so this is a very positive outlook specially for those who have been waiting for a movement and somewhat doesn't have the patience.

Very nice price action, so far. Am not surprised though for Bitcoin to reach $71k again, that just range it has been ranging since after the drop from ATH at $73k. The dump we were experiencing is a normal price action, only the impatient as you said were confused.

I can't say wether we are gonna see Bitcoin above $100k, but I can say we will create a new ATH before the massive bull breakout. Once I see price create a new ATH then I can be more optimistic for greater height in price this year.

Yes, it seems that the price trend is getting us closer to where we are all waiting for the breakout that leads us to break the ath and the $100,000 area, which is a figure we are all very excited to beat. As usual, we cannot be sure of anything and we cannot rule out that the next direction of the price will be down, but if we are investing for the long term we will not care a bit. The rest of the year will most likely be good in terms of price.

What do you think is the reason why bitcoin and the entire market turned green? I believe this impact is due to the news of the ETH ETFs rather than the impact of the halving. Looking at ETH, it jumped over 20% in just one day when news broke that there is a 75% chance that the ETH ETF will be approved on May 23. But like a bitcoin ETF, nothing is guaranteed until official news is released so there is still a chance that the market will be severely dumped if the ETF is not approved.

I also have a view like you, if I see the market price turning green because of the news about the ETH ETF that will happen tomorrow. So I also don't see this as an impact of the halving, because ETH jumped higher than BTC but this is also good enough to attract investors. But even so, both BTC and ETH have now reached significant resistance levels, so it's best to continue using bitcoin and ETH.

If the ETF approves ETH tomorrow, it is very likely that all markets will experience another significant increase and will even break the current resistance level, then Bitcoin will exceed $73k and ETH will exceed $4k. This is just a prediction, everything comes back to their respective research in investing.

Exactly, Bitcoin price is currently stable at around $70k. If Bitcoin always has price movements like this then there is a possibility that Bitcoin will reach a price of $100k this year. Moreover, next year will also enter the altcoin season, so I am sure Bitcoin will easily reach the high price that many people expect.

Failure to beat 70k confidentially could resolve tomorrow properly if we can confirm higher lows in this area.

https://talkimg.com/images/2024/05/22/1827o.png

This is the view I have on 1hr bars with 2 day average on the blue moving average, this has roughly been in line with the positive action recently.  Weekly average is further behind at 67k giving some leeway but ideally I dont want to see BTC price action below 69.1k closing on 4hr bars.   Consistent positive movement in this area would be helpful for the wider picture of breaking a multi month drift and decline.

I dont think I have to say especially if we break a decline, the positive outlook is then far more likely to take place ie. we finally break this range and stop repeating.    Till this is all proven even with this short term positivity I still expect a continuation and repeat as the current trend to be repeated; its the record playing on repeat thats the one to break.

This is only April start all over again, the peak then was 72.8k so put a line in the sand :P

     What is happening now is like when Bitcoin was at 49k, it suddenly had a rally in the market and was forced to break the previous ATH, and when the previous one was broken and there was a new ATH, then there started to be a correction for more than two months.

     And now it is having a rally again; they probably also have a target price, and once they beat it, I am pretty sure they will take profit, and then there will be another correction or retracement that will happen, and they will buy in the dip again.

Many bitcoin investors attribute bitcoin's recovery to the impact of the halving because they do not want to believe that ETH is leading the market. But it is clear that the recent recovery of the entire market is thanks to the news of the ETH ETF.
I think that whether the ETF is approved or not, the market will still correct in the same way that bitcoin ETF is approved. I think “sell the news” is inevitable, but if the ETH ETF approved, we will soon see a market recovery and even a bull season come sooner than we expected.
With the recent news I read, I am optimistic and believe that the ETH ETF will be approved. Not only has bull season arrived earlier than expected, but this has even been a super bull cycle for us.

It stopped at 73k mate and did not happen breaking 75k but hope is still there as we are keep seeing market growing here and dropping there and we are just waiting for what to come and i think this is the best way to increase our holding while the market is showing this movement.
not sure about that ETF for ethereum because I believe that this will not be happening sooner .

It seems that Bitcoin has been doing the same as you said, but it might be corrected again to provide reinforcement when it will reach a certain price to be able to increase again, it is not impossible to pass the ATH that he has made, but when it will begin to be done it is difficult to predict it.
I think there is a target to be achieved by Bitcoin at the end of this year before later to create the latest ATH in 2025. The right number could be at $ 100K. For that Because of the right time when corrections to keep buying and holding it.

Well, that's something that has been happening ever since. People just can't continue buying when the bitcoin price were constantly rising. Not everyone is a long term hodler, some people does short bitcoin effectively especially during a new ATH been reached.
Bitcoin is currently hovering around the region of $68k - $70k max, it will be just a matter of time when investors starting to realize that we are heading to a new ATH in the next 5-10 months time and this would create another run to up to 80k to 90k or even testing the 6 digit figure. However, we should always expect a shar correction once bitcoin reached these figures.

In every cycle there would really be that breaking those new all time high on which it would really be just that something that anyone is really that anticipating and expecting. This is why it would really be that normal that people would really be that preparing and really that trying out to go or place themselves at the bottom to have that possible maximum profitability on the moment that the market would really be making out such price increase but of course there's no one who would really be able to know on how far it would be able to reach out. Bitcoin never fails to impress us and this is something that do happen every cycle on which do thought that this would already be that high when it comes to price but there's something which is more higher. We didnt even expect with that it do able to break its previous all time high before halving because it do usually happens after halving on which this is really the case but we've seen different recently on which tons had really that get surprised on this one.

The realistic numbers that we could have on this possible bull run would be sitting around $150-200k which is something that might be able to see on this upcoming bull run but since we do know
that this market hasnt have that assured numbers then it would really be that always speculative. There are even speculations talking 400k on which it is already that too far off.

then there is no reason to hold off buying back at a price crash and when bitcoin is at $49k it is actually a very good price to start buying and holding. but many people started not to believe in bitcoin when the price moved erratically and tended to fall but when the bullrun arrived it reached a new ATH above $70k, that was a very high price and even lasted quite a long time. If there is an opportunity to buy at a cheap price then don't waste it and make a repeat purchase.

If you look at the time to reach a new ATH again this year, of course it is still quite possible for Bitcoin to again exceed the ATH that previously occurred this year. Because remembering that there are still a few months left this year, we must not forget the problem of price corrections which can sometimes still occur this year. However, if you look at the current price of Bitcoin, which is not too far from the previous ATH figure, this could certainly open up the possibility for Bitcoin to reach a new ATH before next year if the price increase continues to occur every month.

We should consider ourselves lucky if we are holding. Remember, there are a lot of people who sold during this in between period because they were scared and feared, there were a lot of people who didn't make it to this part unfortunately, there were people who needed money for something they have to cash out and many other reasons, so if you are still holding then you should be thankful for being able to.

I personally believe that we are going to have a decent summer, not saying like 100k+, but a reach to 80k isn't out of question and we could maybe see a little bit more. Maybe we are at the start of that right now and the price will do fine, I think people should realize it is not going to be that complicated.

When a correction occurs, I agree with you that you don't lose the opportunity to immediately buy again, because with a corrected price, of course, the price you get will be cheaper, so you can make even better profits in time.
We know that the second ATH will be formed in 2025 and that is still quite a long time and there could always be surprising events that we cannot predict, so stay prepared for whatever will happen.
I think that after the halving there will be a decline, and it is all natural to encourage Bitcoin to increase again.

sounds close but not completely right , because the pump now is not forced but the effect of the halving and the ETF so market act crazy nowadays  and correction will keep happening because this is a normal after having some growth.

who has target? who are THEY? if you are talking about investors then it is not their target but instead
market will act depending on how the investors support this.

It's already given, if you are a long term holder, then you know what the market can bring to you in the future. So it's not about how lucky we are, it's about careful planner and then the rigorous holder mentally. It's tough to continuously buy every month and not be bothered by the price change or when the price goes down because you are looking at the bigger picture.

$100k at the end of the year is possible though. That's what I'm looking and then in 2025, we could really go on a parabolic rise. $100k is just the starting point for this bull run and we might see close to $150k or even higher as a new all time high.

And they will not regret in hodling their BTC for long period of years because the price will surely pump above that $100k if they can continue hodling it because there will be another bull run that will make another ATH to happen in the market.

When you cross your mind to go for long hodling, I don't think bear season will distract you to trade when your price you wish to see before you can trade is not yet in the market, and there is nothing will make you trade at the moment than to continue hodling to see the $100k before you can take big profit.

The next ATH will going to be massive in the market, it will be good for people to use this advantage to invest more on BTC and continue hodling for the next ATH to hit the market.

It is gradually coming down again and and we don't know the next Pump it is planning. And in this year it has reached All Time High three times. In 2021 the All Time High was $69k. Then this year at first it hit $70k, secondly it hit 72, thirdly it hit $73k and today again $71k and that means this year it will only hit All Time High throughout the year. And early next year it will hit the last All Time High of $100k. And all the predictions of $100+k would come to have rest.

I might not know the reason but it might be the correction that is going on. And it is the good time to be continue hodling the coins.

That's fine, it plays around from $67k - $71k.

With that range, it can be said that it's actually good price while being stable at those price.

And that's why this year up to next year it will reach every new high that we're going to have but it might take time if we're going to check it from to time.

Becase from that perspective, it might be boring and quite long by looking at it.

A normal move of its volatility but not actually a correction, it's still on $70k.

Those thinking of holding Bitcoin from a long-term perspective do not actually lose, because if you wait patiently, the market will experience a massive bullrun and investors can book big profits. After the last bull cycles of Bitcoin, the market corrected and the top buyers' Bitcoin went down but at one time the market recovered and they got several times the return of their investment, they just controlled their emotions and waited patiently.

So investing in Bitcoin is always profitable if those investors have patience and have detailed knowledge about what Bitcoin actually is. So Bitcoin will break many more big ATHs in the near future and I am confident about that.

Surprisingly good close to this week despite the selloff its clawed its way back some.  This close will be the highest weekly bar ending since the close of March even after the sell on Friday.

This alone is not much but the leading context is a setup for future gains.  We remain above the prior ceiling or range bound action which gives the hope still of reaching far beyond that limited action we've been in since March.

When market is range-bounded, those who are expert traders take a lot of profit and we should also learn whether the market is bearish or bullish, how to continue trading all the time, and how to make a profit. The majority of people agree that Bitcoin will hit $100k by the end of this year or in the next year, so if we are as loud and believe that Bitcoin will touch $100k then it's a good opportunity for everyone.

There is a way to buy Bitcoin but to hold, I don't think so, I think Bitcoin can correct up and go down further so instead of holding for a very long time, buy when it goes down a bit. Do it and sell it when it goes up a bit. Yes, there is some amount of patience required to keep up, hold, and don't sell the previously bought bitcoins, but you can make a good profit by taking advantage of this time.

Today the price has returned to $67K mate, which means that currently everyone is seeing a price correction which of course will continue to take advantage of this condition as long as it lasts because this year I see that the time for price correction is not that long in Bitcoin. And I am also sure that the price correction that occurred today will not take too long and the Bitcoin price can still return to the $70K area or more. Although some people still want to see something like today in a few days because they may still really want to buy Bitcoin under $70K.

Totally depends on what price you had entered and if you have bought on the peak of bull run and ending up on having those negatives when bear market hits then for sure you would definitely be having that kind of panic feeling deep inside not unless if you are really that holding for long term then it wont really be that an issue but we do know that it would really be always best that whenever to make some entry point then it would be best that we should be keeping it on the bottom as much as possible. So market corrections would be the best time for you to accumulate more but the main issue whenever these things happen is that instead on accumulating they would really be rather that be having those doubts or hesitance because they would really be having in mind  that it might go down even more. This is the main challenge when trying out to make some possible bottom entry.

Now we do see the perfect example on what we do have now on which the price is decreasing then we would really be mainly thinking on what would be the possible bottom price would be?
So it would really be that natural because we would really be trying out maximize profits as much as possible.

50 day average is still climbing which is good but we have a weeks worth of trend decline seems like.  The reasonable assumption at this point is we are quite likely continue that decline.

My overall presumption so far not yet disproved unfortunately is that every attempt we have to break range is going to keep failing.  Upwards wont break free but fall back and even negative sells are bought up hence a resigned position continues back and forth up and down ad infinitum.

Yep, it seems that when we try to break our have a break out run, suddenly the price will go on the opposite side. Not sure what it is, perhaps there are selling pressure when we reach like $71k and there are speculators shorting Bitcoin that time to make quick profit. We can understand that, regardless though, we still have 6 months to go for this year, anything can happen and I do believed that TA will corresponds to a new high in price. We just need to see one movement or a positive news to push the price to $70k and maybe at that x attempt, we will finally maintain that price and then go up again to set new ATH.

I would say that people usually do not want to sell but when you think about the future, you realize that you have seen one too many times when it reached 72-73 levels give or take, like the peak, and you know that why would you keep it going after that knowing that each time it has done that, it went down.

People do not trust each other, which means that we are going to end up with something that will take a lot of issues and we should probably consider how it could move differently, it is not going to be too simple and it will not be understood all that easy. If we keep thinking that others will join us when we buy, then when others sell we will be left with a bag, that is why whenever it peaks, everyone sells while few just holds.

There is no need to be stressful due to small changes in market condition because sometimes there will be correction while sometimes there will be news which will effect the price of Bitcoin and indirectly the price of altcoins so decide to sell and buy according to the market condition not according to your fear which act as an enemy of an individual.

There will be correction again after a huge pump but the main cause of dump after a huge pump will be lots of selling from an individual who already has bought Bitcoin to sell it when the price reached to 100k$ so once it hit 100k$ then majority of people will focus on selling instead of waiting which will effect Bitcoin and eventually it will goes down but all increase and decrease are cyclic and non permanent.

Why people cant really be able to bare up with the market movement or really that simply they are expecting something about having that one movement?  We arent that still on a bull run yet on which
it would really be that too early to make or draw out some conclusions on which we know that this market have cycles. We arent that something that we could be able to predict on where it would be heading.
$70k+ ATH isnt something that would be hard to break out. Now on the current situation that we are in now on a dropping market but not really that much yet its been holding into the support.
You would really be able to say that this might be holding up and preparing for another leg up. Although no one would really be able to know on how far we would really be able to hit up
max on this current cycle.

But there are investors or traders alike who wants to complicate things on their end, that's why they become stressful when there is a slippage in the price like what we have seen in recent when the price goes down to $60k and for sure there could be a newbies somewhere who are afraid and got nervous because they might have bought at a higher price and might have pulled the sell button.

However, for veterans or who have the experienced for many years here, it's just a bit normal, price fluctuates, nobody will know what the future holds. But if we are here for the bigger picture then why not just buy cheap and hold, a great example is when the price is at lowest low during the bear market at $15,500. If you have that mental fortitude to not sell and have bought around that price, you are still in a big profits and just waiting for the price to hit $100k in 2025.