Bitcoin Forum

Many of you might have already received the alerts that BITCOIN has reach yet another ATH

https://i.imgur.com/upDbUvG.png

We have seen many cooperations looking at BTC as an asset and investing in it, what started as a Tesla support for crypto rolled over into VISA and PayPal. Clearly,

BTC is receiving more and more interest day by day.


What do you think will be next for BTC? Some people say it could reach 100K, what do you think?

$70K this month, $200K this year. No whale with at least $1M worth BTC won't be selling their bag at this moment because bitcoin has not got even close to the limit of its potential. Regarding institutional investments, they keep getting involved. A slight drop will cause a bigger rise as tons of people are waiting for any dip to buy.

Surprising to see that BTC has surpasses and another ATH has achieved. I haven't check the news if there is some positives that bring the market to this price again. We are still on target for a six digits this year. Every month we have new ATH so it's possible that $100k or more this 2021. So yes, as long as we are still very hot and more institutions and huge companies jumping into the picture. Maybe $100k is just the floor and not the top price, we will see.

I was actually waiting for Bitcoin to reach a new ATH, saw someone on Twitter and read the charts and said it could possibly reach a new ATH and could reach $70k by end of this month. That'd be a great milestone indeed for Bitcoin to reach a new ATH again and if it could reach $100k by this year, people would be amazed by how Bitcoin moves.

I believe it is what most of us are expecting. There is no reliable prediction about the price of less than $100k for this year. It's a simple matter of supply and demand, and the institutions that are buying are not doing so to trade short term, but to protect themselves from massive central bank printing.

As crazy as it sounds right now, that's even a conservative estimate compared to some heavyweight predictions floating around (PlanB at 300k and Bloomberg at 400k ha)!

But yeah, $70k would be a nice and convenient figure to aim for this month, and as you say, even the most conservative whale would be waiting for at least 100k before even considering moving BTC out in preparation for liquidation.

Exciting times ahead and we're barely in Q2.

I think that this is more like a price bubble that will burst,rather than a stable growth towards the 100K level.
There will be price corrections and the Bitcoin price will fall below 60K USD for sure.The price correction might not be followed by panic selling,since most of the traders and HODLers have very bullish expectations in the long term,but I'm sure that there will be a price correction.
Anyways,let's just celebrate the new Bitcoin ATH.More ATHs might be coming in the next months. ;D

I don't entertain predictions beyond $100,000 that much because the most realistic bullish prediction would be $100,000 to be exact.
Bitcoin has been considered as a digital gold even more than before. With the rise of cashless transactions and digital currency because of the global pandemic, Bitcoin is one of the most successful ones (If not the best). Financial institutions keeps coming in and payment processor gradually adopting to Bitcoin. These is enough reason why Btc will hit $100k this year.

With so much momentum in the Bitcoin market right now it just feels like the uptrend isn't going to stop anytime soon. I for one will not be surprised if BTC reaches 70K by the end of this month.

The way it has been going up and trying to go above that 60K mark has just been relentless and now we're looking at potentially 70-100K in a few weeks. Anybody thinking about selling now will be regretting it later, given that there's now many that want to panic buy.

This is getting a little confusing here lol When to sell has become a challenge for many hodlers. I guess no body want to regret on dropping. That kind of time that you drop with feeling that price will start going down but it moves up still. Just before bitcoin got to 62k, it was dragging around 57/56k  with people expecting more drop but we are currently at 62k above. When to sell becomes confusing.
I was surprised to see the ATH today and can't say next point.

I'm surprised the price increases again and touch to $63k.
The movement price of BTC is totally different compared to the past after block halving.
I actually think that the price would drop but look at the price right now I can't predict the next milestone but because of NFTs, it helps Bitcoin to reach $63k.

But I heard there is someone before talking about what will be the price of bitcoin in Q2 he said the price will hit at $72k value after that it will drop back to $65k.

So for me, $70k would be the next ATH near end of this April.

only news can keep adding fuel this bull run, and while it's possible the slow growth will keep going without them, i believe the only thing that can make the price skyrocket again and possibly take us to the 6 digits region very quickly is news of a big retailer or big stores in the US store adding btc as a payment method, I'm talking best buy or walmart. Though, if i'm honest, i'd rather see a correction or maybe build a new a floor around the $60k than another spike

sounds a bit far fetched right now 🤔

Guys, don't you think that the increase we are seeing is caused by Coinbase's listing on Nasdaq? I tend to agree with @davis196, I'm pretty sure we will see a correction soon. No idea when it will happen and It won't be a big one perhaps, probably in 1 or 2 weeks after the hype in media faded.

People are currently rushing on BTC with the goal to speculate on this news and I guess Bitcoin holders are not very inclined to sell and for the same reasons

I wouldn't refuse 100k or even 70k, it's just that I'm a bit skeptical about it


I think yeah, it's tomorrow. Not 100% sure  :-X

Nasdaq listing will start tomorrow afaik no? +$3k surge before the listing is a little bit weird imo but wouldn't rule anything out ofc.
Correction, yeah it will occurs eventually but I hope to see the price hitting $70k before ;)

Finally new Bitcoin all-time high, but still feeling good. Bitcoin will raise and raise and there is a good potential to change the world as well as our portfolio. I think end of the year we will see 100k. If you don’t invest in Bitcoin now you will end up losing. Most likely with this ATH this is the best an ideal opportunity to get, it's conceivable you'll never see these prices again.

The movements of btc is totally crazy and unpredictable this year starting this pump from October last year and I saw only one big correction at -20% last Feb and continue the pump that records a new ATH every month $100k is really easy to achieved at this momentum of bitcoin for me I think it can go up to $150k this year considering more and more institutional investors are going in into btc. 

it is too soon for the $100k talk but we are definitely seeing the speedy rises start again. today was the day of new price records and for now ATH sits at $63657. there is a lot of money being transferred to exchanges to buy bitcoin and also we are seeing another series of altcoin dumps as bitcoin price started growing up again.
all pointing towards bigger prices soon.

these are already old news though. what interests me is knowing why was the price kept down for this long?

I might agree with that because the market support for bitcoin is still quite strong, so $100K is still quite a possibility. However, sometime the market is so unpredictable that it is still possible to see it change rapidly. We have seen price dump by -15% for some time before the market recover. I know that a lot of people expect $100K to be the price bitcoin will hit this year, and they will be lucky if that hope come true. Maybe we'll see a correction in the future, and as long as it hasn't happened then take advantage of it now.

Yes there has not been major and frequent correction since the bull started and because this season lacks proper correction , that is why a little move is really having strong impact on price. Or are we still expecting such major correction?

The past pull of 2017 was coming with a correction that were obvious until it got to $20,000 then before the drop down to below $4,000. I see this year is quite different.

Corrections always happen but that doesn't mean that there wouldn't a recovery, we will definitely have a recovery for sure, and that is why I rely on whenever the price drops, and that usually ends up with another ATH price as well after that correction. So if the price goes from 63k to 55k or something, that means next time it goes up it will be 65k+ and that is why I do not mind corrections, it eliminates all the people who got scared or felt that it is enough and only the people who want to see more stays behind.

Coinbase could have an impact on this or not, we will never know this because we can never ask people who bought bitcoin why they did that, I mean sure we can do to few maybe but not every single one of them, so we do not have data about why bitcoin goes up in anytime, not just now but ever in history. Which is why anything could be considered possible.

Most people doesnt really like to see corrections but actually these are inevitable things and can really be seen on a healthy market.We cant just expect that price would really be soaring up
continuously and honestly im really waiting up for some price dip rather than on seeing price hike because opportunities do really happens into those correction times where you can
bought some coins for cheap rather than entering into the market on high peak or ATH prices which high tendency for some negative profits when the price starts to correct
but if you do go for long term then these things wont really be an issue.

Absolutely insane price action.

I do think that we will get very close. Whether or not the resistance @ $100k is actually breached is another issue in itself. I think both outcomes are possible - either we see something like 2016 when the bull market abruptly tapered off as the $20k barrier was hit, or the markets continue to rally behind the institutional interest and billionaire backings.

Objectively, the latter is definitely more likely imo. The fundamentals this time round is just much better in terms of a more mature market with major participants who now realise the significance of BTC as a long term store of wealth. We've tapped into a previously ignored market of institutional wealth/asset management as well as pensions.

We are about to see a massive rally. I wish to state from the start that I am not calling for bitcoin to explode to $100k anytime soon. I think that the rally will be sharp and well-supported. But before you can consider a sale, I think you should consider how high you are willing to sell at.  Once you have decided on this point, then you can make your decision.

It is going to be interesting to see what happens in the second half of 2021.

https://i.imgur.com/8841Off.png

Of course, it is a new milestone. One of the biggest resistance has been breached and the momentum will force the price of bitcoin to enter $70000 zone.

$100000 is absolutely possible but it might take time so always remember to be patient. I think that there will be no more big correction until we reach at least $68000 or above. Bitcoin holders have already accumulated a big number of bitcoin during previous corrections.

My first analysis told me that bitcoin will have a rapid drop when it was around $61000 but it fell only for $3000.

We cant still have that kind of confidence because i do always have the doubt that there would be some sell off on that $70k price level on where those big institutions or investors might be cashing
or securing out their profit on that area.No one really knows.

Majority had been making some entrance on 50k levels and some had been just as early on those $20k price ATH point where considering to put up funds into this market.

For now i have made out some profits when i do make some purchase on $59k and sold out on $62.5k which isnt a bad deal for a short term price action trade.

october 2020 to now april 2021 is more like what happened in 2016

which means the real run up has yet to happen.

^ It is possible that $100k is on our way, it almost every month there is a resistance and it will create a new ATH in just a matter of month gap.
Though we saw an up and down process of BTC price, it will always end up at the higher price. Probably the reason for this sudden growth of BTC price now just because of the news that I have heard last week about big investors who invested in BTC. Nevertheless, none of us happy to see BTC price keep moving, investors are happy to see BTC will dump and holders happy to see BTC price will pump.

If the trend continue then definitely, we will see $100k at the end of year.

Yep, it will be very hard and it will be a grind to reach $100k as there could be sellers along the $70k'ish and wouldn't mind to take profits. I think the news about Coinbase is what brings the market to $63k today and still going up. But it's a question of what will be the price of BTC after the news, if it will continue to capitalize for some time, reach $70k or will there will be a sell-off.

I agree since Paypal, VISA and Tesla decided to invest in Bitcoin, Bitcoin price continues to rise drastically and there is no sign of it going down
anytime soon. Even now Bitcoin continues to create new ATHs, now Bitcoin has managed to hit the ATH price of $ 63k. If Bitcoin's performance is
like this at the end of April it won't be surprising if Bitcoin manages to go up to the price of $ 70k- $ 80k. Then the target of many people that
Bitcoin will hit a price of $ 100k as it is getting closer to being true.

I've been seeing people meme that Bitcoin will reach 69k on 4/20, and while I thought it was funny, I also thought it was somewhat optimistic. Looking at where we are now though, I feel like the community will make it happen lol.

But yeah, 100k almost feels like an inevitability at this point. I'm dropping this projection (https://twitter.com/dan_pantera/status/1381971190479130628) here for science. I must say that I'm a bit uncomfortable with how well things are going, but Bitcoin has consistently managed to shatter my expectations, so I'm totally on the 100k train.

We are just left approximately $5000 to hit $69K so I'm also optimistic and I'm curious how much of a retrace will come tomorrow. what a cryp to bull run so far, BTC is breaking new highs $64K mark. Bitcoin obviously is on a phenomenal run.

The potential of bitcoin now is getting higher every day, i have some alerts as well when there's an improvement happen in the market.. And its gives me goosebumps. Lmao  i was shocked actually because alt season is in the market already..  In my opinion as its very optimistic since day one,  for sure we will gonna see it very high before this year end.

Testing $100k may not be big task for bitcoin market any more but the big concern would be how far it may march forward beyond $100k because it is still April and we have more than half of year is awaiting to surprise us with some magic numbers. Just recall the 2017 scenario where bitcoin reached the much awaited target of 5 digits in November month itself and in next 3 weeks it got doubled.

So I speculate multiple doubling on the cart this year as well. This way $100k might be just a 25% of what would be the final ATH of current bull cycle. Yes, there are clear symptoms to test $400k by end of this year. Get ready to be surprised till end of this year.

What scares me though is that after pushing it $69k because of those meme's, what will happen next to the market? It's seems this is a definition of shilling, just like what Elon did months ago for Dogecoin. So it's possible that those who are running this so called at $69k meme will be the first people/group who are going to sell it off for instant profit.

However, this massive run that we have right now looks very solid and I would say unexpected but that is bitcoin for us.

Bitcoin is approaching $65,000. And so far it looks like it is not yet through with its current rally. Bitcoin is probably going to break $70,000 within days from now. ATH is now being shattered very quickly as the price is reaching new levels.

$100,000 is very easy within the year. There is high probability it will even be reached within the first half.

Yes, Bitcoin at 69k on 4/20 is more important than Bitcoin at 100k on any given date. Fingers crossed! ;D

This is the big effect of the institutions coming into the crypto space. More and more people are engaging into crypto. More and more people are getting curious about it and more and more people are knowing it thus, Bitcoin and cryptocurrency in general are receiving interest on a daily basis.

However with the question if Bitcoin will reach $100k this year, I don't think that it will happen or at least the chances of it to happen this year is very low or close to zero. I know that people are very optimistic at this moment and knowing that Bitcoin pumped again reaching new ATH, investors are more optimistic about it. On the other side, I still believe in cycles that is why I'm getting myself ready whenever a huge correction will happen possible this year though. Don't get me wrong here but I'm not like most of the herd there saying that "Ohh Bitcoin will go to $100K this year" or "Bitcoin will never go down". I like being on the other side even though I'm optimistic about it.

You will never know how powerful bitcoin is. In the early of this year, I expected that the price of bitcoin will surpass $40000 in June but as you can see, my prediction collapses. So, there is a chance for bitcoin to hit $100000 this year because of those reasons you have mentioned above.

Bitcoin will go down. But not now, the uptrend is very healthy with no big sell-off to determine the peak. I was once doubt bitcoin up trend, but now I doubt the bear can overtake the market

Now we are dealing with big hypes and the market is covered by many big news so expext this to come as many people now are believing that we can reach it. At the current rate it gives a good sign that sooner the 100k $ mentioned will be reachable so lets just hope that no bad news will came. But I doubt there is as many big companies are riding the train right now.

Finally, the bitcoin price reaches new ATH at $64k and although the price now is down and make a correction for a while, the price can still go up higher and still trying to break the next high price.
But we need to be careful because this can attract the price to go down too far to make us panic for more, especially for people who wait for the bounce comes.
Analyzing more will be necessary to find the best time to enter the market or still stay for a while.
If this correction is not staying for long, I think the price will be back to $64k and will break $65k this week, but if it's not, maybe we need to wait for the next week.

All things considered, BTC is climbing at this moment, yet there is a small push back. we are in the early stage, so it should go up. I'm concerned about the correction, however as long as Tesla and other big institutions are holding onto it and all other positive things will outweigh the negative. So lets see, still putting money in it by the way. Stay with the trends, don't be too greedy, and do your research.

I heard that predictions last two months ago, but it's not that easy to be in reality as of today because there's a lot of factors that may affect the price. Demand is one of the keys to reach our target price, and it's very important to determine which price you're going to dig in. Don't waste every opportunity while there's a chance to hold btc before it reaches $100k.

The path to 100k is still very far away, the resistance that we found when the price reached 60k is something that many people were not expecting and even with all the positive news bitcoin is having some problems to keep growing, I really think that this is because retail investors are now choosing altcoins over bitcoin in order to obtain even more profits so this is slowing down the growth of bitcoin, it seems that they forgot the last lesson that they learned in 2017 when the crash in the market of altcoins was dramatic.

Really the price and the bullish rally of bitcoin has triggered some huge gains for Microestartegy, for now I think they will continue to want to earn more, so it is easy to determine that the price is very likely to continue reaching new ATH, with all the money from Microstrategy has become big business for them.

https://i.imgur.com/TK3CtEN.png

Source: https://bitcoinist.com/by-the-numbers-heres-how-much-microstrategy-has-made-on-bitcoin/ (https://bitcoinist.com/by-the-numbers-heres-how-much-microstrategy-has-made-on-bitcoin/)

According to the article Microestrategy has increased 4.76 times their total investment income, if they invest at least half of their profits we would see the most likely that Bitcoin can reach about $ 100k, if they decide to re-invest.

Yeah, these predictions are not new just because of bitcoin is setting a new ATH above $62k. We are regularly getting speculations about reach between $100k to $400k but I am not find reaching these levels difficult as there are many big players to support these speculations. When bitcoin community is slowly start believing about reaching big levels then everyone will work for that out of FOMO.

So, when people are continuously making such predictions the we are really going to experience such huge levels; just get ready to book profits around final ATH which may be a mystery as of now.

I'm wondering if the pi cycle indicator will be wrong for the first time this cycle. It marked the top yesterday and previously it was pretty accurate. Sometimes it was off by 2 of 3 days but still pretty good at showing when bitcoin is extremely overbought and ready for a correction.

We just had a minor correction, so we'll either stabilize at 60 thousand and reach another ATH in a few weeks, just like we did after breaking 61 thousand, or we'll start a longer correction and this will really prove to be the top.

Everytime bitcoin do able to break out new heights then its just normal for us to call out those kind of predictions reaching out those numbers even though some of it isn't already that believable

that we can achieved it on a short period of time but we know on what are the chances that could happen basing truly with the demand that the community would set out.

For milestone speaking then bitcoin never fails to impress us in regards to that because it can potentially break out those numbers on least expectation.

Yes, Bitcoin will. It will easy for Bitcoin to reach $100K before the end of this year. I never see any fud about Bitcoin anymore, In 2017 with a lot of fud, Bitcoin can reach the ATH that no one can predict. And now with no fud, it will easy for Bitcoin pumped and I think the ATH is also unpredictable and will make lots of people surprised

I'm sorry but I have to disagree, it will not be an easy road, in 2017's ATH early that year there are a lot of FUDs along the way, so we can't discount that fact that there will be some groups that will try to bring the price down with their shilling and negative connotations about bitcoin.

Nevertheles,, bitcoin is so resilient from this kind of bad news and publicity that it will bounce back and recover and then go for another all time high, $100k is the ultimate top price that we all been wanting to see but it will not be as easy as that.

Indeed, the majority of investor are looking for $100.000 as new target for bitcoin price movement. This is why, we haven't seen a huge decrease for bitcoin when it was just move sideaway in a few weeks. At that time I have made a prediction that bitcoin will fall because I see tripple top but I was wrong in fact bitcoin is increasing now.

But now, its price just passed the box line and increase more than previous all time high and make new all time high. Although I see some doubts from investors because in the daily time frame candle will form a red candle where many investors make profit bookings at the price of $ 63,000, just curious with what happen next, usually if the previous candle is red and the next candle form in green candle then we will see a huge increase in the short time.

69k isn't really an important threshold though, so unless you poured in money just to help make that happen, I don't think you'd sell just because. The next big target most average joes (the same people who want to make 69k happen) is 100k, so I'd say they're more likely to sell at that point.

I do believe the market will cool off if they force that to happen, but I don't expect that to affect the grand scheme of things at all -- the bull run should continue regardless.

in fact, I also didn't expect this to happen so quickly, and it also made me smile before I realized that I didn't have that many assets. :'(
however, it is currently possible to see bitcoin prices as high as $ 100k. I even thought that the price might be reached by the end of this year. maybe within the next 1 or 2 months, the price of bitcoin could be in the range above $ 70k.

Do not forget, we still have the whales that still support bitcoin and still guard bitcoin.
The other institutions and big companies only care about making money from their investment, but we can hope they will still support bitcoin too, like the whales.
We need to be careful if we want to put money in bitcoin and always research before doing something as the correction will still happen.
The important thing is we can hold ourselves from becoming greedy because that will make us late to take profit.

Coinbase being the latest "whale" doing that. I know the maximalists got rubbed the wrong way with what Armstrong said in an interview, but if you took a look at their early pitch (shared somewhere on crypto twitter or some), they basically just said "Bitcoin is the future and we're making it easier to buy". And it worked. Of course, it wasn't JUST Bitcoin that pulled them up but they'll remember very well it was Bitcoin and Bitcoin only that sold investors on their idea.

I was under the impression that this group are going to sell because of the typical shilling.

But for us average joe's, definitely we are going long on bitcoin and hope that we will see it hitting $100k and then probably we will see a sell-off by that time.

Definitely, bitcoin's fundamentals has change a lot from the last bull cycle, so this massive run will continue and maybe we won't see or at least the 4 year cycle might not be applicable in this rally.

This bull run will continue; okay, but  after that no one will book profits? I am sure not all buyers are not long term holders. Definitely they will prefer to see quick profits rather than holding for years and waiting for another halving to happen. So, there are less possibilities for this cycle to be different from the previous ones. I guess there could be some minor changes but definitely most institutions will pull back their funds so that they will not be late on booking profits. So, bitcoin's cycle will happen as usual.

For sure there will be some of us who are going to book profits in this bull run and will just wait for the next one. That is just the nature of the market, otherwise it won't be healthy in the long end. As for this so called four year cycle, do we really have one or it is just coincidence or it is just based on the halving itself? Fundamentals might change but every four year halving remains.

The halving seems to remain the main thing from what happens from the treatment of bitcoin, which at that time will always make changes that will occur in every price of bitcoin due to the effect of the halving. because the halving is not and has not changed, it remains with a four-year cycle and currently this is the third cycle of halving that has occurred and usually the halving effect will occur after a year of halving runs and it has been proven at the end of the year, whether the third halving will also occur at the end of this year.

Of course if it really happens at the end of this year, we can be sure that there will be a surprise because now when Q1 prices are already high, it is not impossible that for a long time something unexpected will happen. we are waiting for that thing.

After the price of Bitcoin reached the new ATH at $64K it pullback to the resistance turned support at $60K and based on price Action the price got rejected at the suppor at the momentt thus likely heading to another ATH likely a psychological number like $70K $80K or more slow and steady wins the race gradually the predicted $100K price mark is gradually at sight provided that the present trend is sustained.

Yeah I monitored this new ATH and had celebrated when it reached.
Well there are many businesses that starts before tesla but they are the one who make it trending .
Like what we did when we first fall in love with it.
This is the expected Highest value of the Year , But who knows right? Hope that we will Make it at least 80k usd within.

Only less than $40K and we would reach it,
Just take it easy and for sure we would get there someday we don't need to rush it.
Who knows if it could get there this year or maybe next or a couple of years later.
For me it is better that way than to repeat what happens in 2017-2018 when it reach so high and falls down too deep.

I am also hoping for a repear cycle for me to actually make FU money
I haven't done much investing this year just waiting on BTC. I am hoping for 100K but I want to get out as close to the cycle top I can and wait 2 years to rebuy  Thats the plan anyhow

Bitcoin could hit 100K by the end of the year as per as popular predictions. If people are willing to give 100K, market cap will grow proportionally. Just keep calm and watch.

I guess, nothing at al going to happen this time since we have good support.

From a very positive trend as well as high demand, I believe that $100k will be reached sooner than we expected. starting with a coinbase that is already listed on the Nasdaq and has a high market cap for an exchange. This means that crypto is increasingly becoming a more trusted investment, and there may be many more large payment gateway companies that will adopt bitcoin or at least accept bitcoin as one of their payment options.

I think that in Q3 of this year, we could start to see bitcoin's quite massive increase towards $100k. and perhaps even more veteran investors will join crypto

This is not going to be as easy for those institutional investors, they have invested too much money in bitcoin and if they decide to sell all of their bitcoin stash then it is doubtful there is going to be enough volume so they can sell all of those coins, this is a problem that people like you and I do not have but that whales have all the time, this is why I do not think those institutional investors came to the market just to obtain some small profits and they are here to keep their coins for the long term.

One of the things that people have forgotten is that the price is yet to go completely crazy, the growth that we have seen has been steady without irrational pumps and the price has increased because we have a nice an even demand.

But what it is going to happen once people realize that the rice of bitcoin not only it gas a very high price but that has grown many more times than the stock market, inflation, gold and almost any other asset around the world? The demand will explode and with the supply on exchanges at the lowest levels we have seen in years this is going to produce explosive growth most likely at the end of the year.

I'm thinking that it can reach up to 80k as long as the pandemic continues.

Pandemic has been the partner in crime of BTC, so as long as pandemic runs, BTC will rise.

I don't know the reasons, but it is what it is.

Many are betting that Coinbase's Coin price on Wall Street is correcting, it is speculated that for now that is the reason why bitcoin is falling below $ 60k, however some believe that the price could range between $50k- $80 k, personally i don't think a bearish trend will develop.

According to the ananalist Clark believes:
https://i.imgur.com/CdTNpsu.png
Source: https://cointelegraph.com/news/bitcoin-dips-under-60-000-what-s-pulling-down-btc-price (https://cointelegraph.com/news/bitcoin-dips-under-60-000-what-s-pulling-down-btc-price)

While it's all being seen as good for BTC, you should also bear in mind that the dominance of BTC is near its major support line around 52 and if it drops down under 50, there's no chance BTC will get even above $70k until the dominance sets itself over 65 which doesn't seem quite easily possible as one whole country Turkey has revoked its citizens from using cryptocurrencies as a mode of payment and has banned it.

Nope, its just a minor thing that could be possibly point out to be the reason but telling if its one then possible but currently the hype is circling around in Altcoins which
there's no doubt that dominance is really somewhat on the flipping side but doesnt mean that this will be a main indication for bitcoins price dependent but it is actually
one of the factors that you should look upon but when altcoin hype is over specially with ETH which totaled in 12.5% dominance then it would really be going
back into its normal dominance level but lets hope that this wont really be continuing even more.

Because people are trying to get on in crypto in these challenging times. Some newcomers believe they can get good profits in crypto while this pandemic is still not over. But it will be long before this covid will be totally contained. Right now, crypto is still on the rise because as people look for alternative investments or alternative payment method, crypto is one of the good candidates in these categories. Whether they want for investments or payment method, crypto is one of the best choices out there. So I believe, a new ATH is yet to be seen in the next coming months.

A minor thing? You're calling the ban a minor thing or the dominance part? Both are in no sense, a minor thing because the dominance of BTC clearly indicates how strong/weak BTC is during that time and about altcoins, the alt run didn't even start yet as the game will begin once BTC.D gets under 50 level.

And after 62000$ we see a 64500$ ATH record of Bitcoin price. We can easily see Bitcoin price 100,000$ in near future. But today we have seen a big dump of 10000$ in Bitcoin price. And Bitcoin price reaches upto 51000$. This major correction can boost the whalers confident and a again big pump is coming.

That's all we want, if we can get that money we would be either in bitcoin or out of bitcoin but in the end we will be at the FU stage and can do whatever we want. I am planning on getting to an amount where I can do that, take out some bitcoins to handle everything in my regular life, unfortunately health is a problem for me but so far I had no problem paying them all, but I want to have enough saved aside for anything future as well, with all of that in mind if I have that money saved aside, I would be basically capable of keeping the rest in bitcoin as an investment as well and do whatever I want.

This is why I keep investing into bitcoin, and I hope one day it reaches 500k, it doesn't have to be today, I know it may take 10 even 20 years, and I am fine with that, I am still young so I can wait that long, but when it happens it will be the best day of my life.

I will surmise that he is referring to the supposedly Turkey ban and not the dominance part. Even we have been hearing India as well putting a banning on bitcoin again, and yet the price is not that affected. The current flash crash could have been attributed to the fire or explosion in one province in China that holds a lot of mining activities. Price at $55k today, still very far from the $70k that we should all been expecting by now.

Hmm, not to fast bud, we are now nearing $52k again. I thought that the negative news is over but it seems that the bitcoin market is taking a huge hit and probably there are investors who moves to altcoin, specially dogecoin who have been skyrocketing. In any case though, I still believed that we can achieved $100k at the end of the year. We might go on several corrections again, but in the last quarter it will be a blast.

We cannot say that they are moving on Dogecoin since the price of the said coin is also declining, maybe whales are now at idle state waiting to see some good actions before they enter again. The bitcoin dominance is still at 50% which is good indicator that bitcoin is at calm state.

For sure we can see a good movements when traders will focus on bitcoin again.

We provably might see more correction as the still at fear for seeing the price of bitcoin keep dumping.

Some are putting money to hype alts but that doesn't mean they're selling Btc for it. Nope, I won't personally do that, that ain't a smart move.
Look, Btc is moving sideways without even drawing closer to the strong support. This is just some traders activities going on, we're still in a bull market. Institutions and big companies aint done yet.
One thing I agree with your statement is that we're going to see a 6 digit figure before 2021 ends.
We're still in the early 2nd quarter of the year, and a lot of things happened, Btc growing rapidly, investors and Btc adoption is growing each and everyday.

As interest creates more speculations, bitcoin price on latest updates didn't went good as everybody expected to happen. That $100k predictions might take us towards challenging journey, and for me it's not easy to fulfill because corrections always trying to hinder those potential pumps.
More traders can't control their fears, that's why they tend to follow what they're about to see on recent market changes and movements.

Well at some point those speculations have helped bitcoin to be more known by many people, those who haven't any idea or even heard about bitcoin got to know bitcoin because of the promotions, or even tweets of those known personality in the world like Musk. However, what the current market price of bitcoin today doesn't justify what we had expecting about the possible effects of those speculations. Now, bitcoin are being under some price corrections and from the last high price of $64k now it is goes down into $55k.