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Author Topic: Bitcoin's last big rally in this cycle  (Read 168 times)
shinratensei_
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March 04, 2024, 01:58:23 AM
 #21

we haven't reached the halving yet and we know from the chart usually the coin become bullish after halving, usually the halving itself won't give that much effect towards the price im sure of it but usually what comes after halving is what matters if the the whole market is still as bullish as ever it will just means that we probably gonna be reaching that $100k target that people keep talking about.

remember it could be self fulfilling prophecy people are saying its gonna hit $100k its gonna hit that much for real because people believing and accumulating.
undoubtedly the institution money that you stated before its just the beginning we just recently getting approved of ETF, we see the volume is really high.

though i might be biased in this regard, im really hoping the price will just go climbing up all the way to the $100k, because simply put, im betting my whole life saving for this.

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March 04, 2024, 02:14:03 AM
 #22

With each historical top lower than the previous ATH, I think that Bitcoin tends to consolidate itself in the market and become more stable (than it is today).

I believe that this cycle has great potential to be greater than the previous ones, I cite as a basis the performance of Bitcoin this year, where Bitcoin almost broke 64K USD, almost reaching the ATH even before the halving, this is unprecedented, imagine what it can do happen the following year, which is usually the leg with the highest increase.

We know that this is due to the highly positive moment for Bitcoin, ETH approved, institutional money coming in.

To be honest, I hope I'm wrong and that the infinite highs continue.

You seem to over expecting and forgetting that anything could well happen from here on out, we have had short bull cycles in past times and this could be no different, Im not saying that this could happen but you should be ready for anything right now since we are in the noman's land in bitcoin price where it's about to surpass it's last ATH or fall back down, but I am not expecting it to fall cause the demand of bitcoin has risen quite drastically since the EFT approval and the asset us getting more scarce I'm so we should be expecting a more upward movement for bitcoin till next year 2025 not without consolidation or price dumps but I mean we have enough momentum to carry the bull till next year.

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March 04, 2024, 04:24:41 AM
 #23

With each historical top lower than the previous ATH, I think that Bitcoin tends to consolidate itself in the market and become more stable (than it is today).

I believe that this cycle has great potential to be greater than the previous ones, I cite as a basis the performance of Bitcoin this year, where Bitcoin almost broke 64K USD, almost reaching the ATH even before the halving, this is unprecedented, imagine what it can do happen the following year, which is usually the leg with the highest increase.

We know that this is due to the highly positive moment for Bitcoin, ETH approved, institutional money coming in.

To be honest, I hope I'm wrong and that the infinite highs continue.
There is no way for infinite new highs to happen, as even if the amount of money in the economy is enormous, it is not infinite, so even if the whole world disregarded fiat overnight and only used bitcoin, that will not be enough to make the price of bitcoin to go up indefinitely, so a limit will be reached at some point, however taking into account how early we are and that the halving has not taken place, I think it is safe to say the price of bitcoin could go much higher.
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March 04, 2024, 06:44:44 PM
 #24

We might see more moves before the price of Bitcoin continue the bull trend.
If we are buy at this stage especially buying more of Bitcoin, we might be surprised that we are going to make more money from the crypto market. There are also other good altcoins we can buy to hold before the price of Bitcoin continues.
I think we all want to make money but we must be ready to invest at the right time.

So you think that the time is right for making investments? Isn't it a bit late for that? I know one can use the DCA method to make an entry even at this point, but it could have been better if they did it earlier when Bitcoin was still pretty low and the whole market was quite stable. There is no doubt that one can earn profit even if they invest right now because we anticipate the market to go way up from here, but profits will be less for investors in this market condition.
However, as they say, something is better than nothing. So maybe those that have missed earlier prices should make an entry and at least get something out of their investments in the bull run.









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March 04, 2024, 07:55:52 PM
 #25

What do you mean by bitcoins last big rally? After this halving, will bitcoin be dead or will the industry abandon bitcoin and its utilities? It is true that it is going to be the biggest bull cycle ever and people will make more money than they have before. This time institutional investors are running the rally and they have a full bag of money that they are injecting into the market. The way they are accumulating bitcoin the exchanges will run out of bitcoin very soon which will create a supply shock.









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March 04, 2024, 10:42:53 PM
 #26

Good news: On the Bullish "Big Rally" BTC side, making money with Alt/USD is easy, and sometimes you can also gain much more from Alt/BTC going up too.
It only means that for every pair on this market, anyone can make money. But I'd stick to BTC/USD for this moment and I'd stack with that for more. While I trade some alts so that I'd get some money as well from those trades, I'll make sure that I'll have more of it so that I can stick to my plan until the top price of Bitcoin shows.

The way they are accumulating bitcoin the exchanges will run out of bitcoin very soon which will create a supply shock.
We will get some clue and signs when exchange are halting withdrawals or when they limit specific amounts for withdrawals.



 

 

 

 

 

 


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