BTC reach $120,000,Historical height

[skarais]

It is not necessary for people to tell the truth here about whether they are still holding or have sold their positions. It is enough for them to know even though there is nothing secret.

You're free to give any reason you don't want to answer the questions, but the two questions above don't seem to violate your privacy. The reason you continue to hold doesn't mean you lose your privacy and neither does your decision to sell at the current price. If the question were about how much you hold, you might have the right to withhold the truth due to privacy concerns, but that's not the case with the two questions above.

Someone certainly has their reasons for wanting to hold even though bitcoin has already hit a new ATH. They anticipate better potential and of course, higher prices. But some people have sold to secured profits, and then bought back at a lower price. It's up to them, as asset owners, to do whatever they want.

[Callido]

Bitcoin at $120K, reaching new heights. will you still holding or will you sell at this point ?

I can say the market needs time to reset, we've been high since past days, at least exceeding $120K is a very awesome moment for every Bitcoin person. Depending on the investor, if they are okay with $120K ATH, selling isn't a problem while others not comfortable will wait for $150K or wait for better ATH in the future. I think $150K is achievable, based on how quick we can move into new ATH, there are still much months to cover the movement.

[cryptomaniac_xxx]

Bitcoin at $120K, reaching new heights. will you still holding or will you sell at this point ?

I can say the market needs time to reset, we've been high since past days, at least exceeding $120K is a very awesome moment for every Bitcoin person. Depending on the investor, if they are okay with $120K ATH, selling isn't a problem while others not comfortable will wait for $150K or wait for better ATH in the future. I think $150K is achievable, based on how quick we can move into new ATH, there are still much months to cover the movement.

Most likely it will reset, perhaps we might see the price going down. But the thing is that we are in the bull run, so everyone is very optimistic that the price will continue to go up despite some set back. And as we can see, before the biggest hindrance is $115k, it took us several attempts to break it. But as soon as we slice it like a bread, investors continue to rally and then hitting at $120k. So we might take a rest then, sometimes the bulls will have to take a breather before they run again. Maybe we will take some profits first enjoy and then re-invest again. So $150k is not the far, just a few steps and maybe in the last quarter we might achieved that high or who knows, maybe what others have predicted as well, $180k or $200k is possible.

[Smack That Ace]

Bitcoin at $120K, reaching new heights. will you still holding or will you sell at this point ?

I won't be selling because I don't think that's going to be the peak price of the market. If the market can get us to $120k then we can get up to $150k and more price. I'm not being greedy here but I don't think that's going to be the highest price for Bitcoin in this bull market. The market sentiments aren't giving me positive vibes therefore for the market to not be bullish yet the price can get to $120k, I can only imagine what the price of Bitcoin is going to be when the market becomes bullish. I remember when President Donald Trump won the election and how positive the market reacted. If we can get the same energy, the price of Bitcoin can increase more than we expect.

$150,000 is a realistic target for this cycle and we are very close to it, so it can't be called greed. But bitcoin price has been rising since late 2023 until now and this is considered the longest bull run in history. So it would be incorrect to say that we have not entered a bull market yet, we may even be in the final stages of the bull season.

This bull run is different from every other year in that it seems to be focused on just bitcoin rather than the entire market, and that leaves many feeling that the real bull run is yet to come. But in fact, it has been happening for a long time.

[traderethereum]

I held my Bitcoin and not sell at this point. It is because the price is not my target price so I will wait until that can be at my target. I don't have a problem if that still need more time to hit my target price because I can wait for a long time like what I did before by hodling my Bitcoin. No matter if that will happen this month, next month or even next year, I have my patient waiting for that time. But I am sure that some people already sold their Bitcoin at take their profit.

[adaseb]

Today was a pretty bearish day after we hit $120K. Some people are speculating that its being pulled back to fill the gap which was left on the weekend for the Bitcoin futures. Currently if you look at the latest contract we got a large gap which started at $114K. Today we had a huge move to this area however to my surprise we never touched it.

I am assuming that for the next few days we will get more profit taking and we will keep dipping to this area to close the gap. Once its closed usually what happens it reverses. However keep in mind that there is a catch that this gap might not close this week, we can trade higher and it can come back down in 6 weeks or 6 months.

[abaeze]

Bitcoin at $120K, reaching new heights. will you still holding or will you sell at this point ?

It's a very satisfying feeling when BTC hits a new ATH. I like to buy and hold every time BTC dips, and when I want to sell, I sell 10% of my entire collection when the price hits a new ATH. I find this to be an effective way of risk management.

[Republikcoin.com]

Bitcoin at $120K, reaching new heights. will you still holding or will you sell at this point ?

It's a very satisfying feeling when BTC hits a new ATH. I like to buy and hold every time BTC dips, and when I want to sell, I sell 10% of my entire collection when the price hits a new ATH. I find this to be an effective way of risk management.

It would actually be much more effective if you didn't immediately sell that 10% when the Bitcoin price is rising, because you might regret it even slightly when you see the price immediately rise again after you've already sold it. Bitcoin is an asset worth holding for the long term, and you shouldn't sell too quickly even if you've already made a profit from it. In the future, the price increase could be even greater, and you might have a hard time buying back at a slightly lower price. So, while you still can afford it, hold on to it as much as possible, because you can still achieve greater profits in the future.

[Donneski]

Bitcoin at $120K, reaching new heights. will you still holding or will you sell at this point ?

I think it's perfectly fine for short-term traders who had already set their target at $120K to take profit and that's because it’s part of their plan. But for long-term holders, I honestly don’t see any strong reason to start selling just because we've hit a new ATH above $120K.

Bitcoin’s potential is still far beyond what we’re currently seeing. This is just one of many milestones. The fundamentals remain strong and the market sentiment is still very bullish. We might even witness higher price actions in the coming weeks or months.

So for me who believes in the long-term purpose of Bitcoin, this isn’t the peak it's just another step upward in a much bigger journey.

[Bd officer]

Bitcoin at $120K, reaching new heights. will you still holding or will you sell at this point ?

The current ATH is $123288, but the current price of Bitcoin is $119k. Now selling bitcoins is a personal matter. If you are profitable in investment then can sell. If you plan to hold on for the long term, no one will force you to sell. Now many are hoping for $150k and plan to sell at 150k and many plan to hold on until the next cycle. We know long-term investment will definitely bring good results. So it would be better to hold Bitcoin long term. Now I don't plan to sell bitcoins for now.

[jaberwock]

$150,000 is a realistic target for this cycle and we are very close to it, so it can't be called greed. But bitcoin price has been rising since late 2023 until now and this is considered the longest bull run in history. So it would be incorrect to say that we have not entered a bull market yet, we may even be in the final stages of the bull season.

This bull run is different from every other year in that it seems to be focused on just bitcoin rather than the entire market, and that leaves many feeling that the real bull run is yet to come. But in fact, it has been happening for a long time.

Even if we did not fell, I think $150k is still far and then there is surely some obstacles along the way just like what we experienced right now. Aiming for it is still better than aiming for $500k and up but if we are a long-time holder and we still need to wait for $150k before we sell, I think we can consider it as greed. There are cycles here and the rise that we experienced must be for this cycle only. The price is already high before, so those who said that there is no bull run yet is actually correct. I think there are two types of bull run and that is, one is Bitcoin bull run, and the other is simply called as a bull run, but this covers the majority of the cryptos.

[STT]

The lows are more important then the highs, quite ironic I guess but its been proven true to me repeatedly.  So the recent low being above 114k and a higher low above the weekly average is a good start to what might become a strong positive trend.   

If we get a good trend then 120k is going to be in distance behind us as BTC makes proper progress. I've no reason to think otherwise at the moment, BTC seems to be doing well but the test and lows always give the more certain direction imo.

[terrific]

The lows are more important then the highs, quite ironic I guess but its been proven true to me repeatedly.  So the recent low being above 114k and a higher low above the weekly average is a good start to what might become a strong positive trend.   

If we get a good trend then 120k is going to be in distance behind us as BTC makes proper progress. I've no reason to think otherwise at the moment, BTC seems to be doing well but the test and lows always give the more certain direction imo.

Some have sold too early and even before $100k and that's okay because they've probably holding for so long.
I agree that the lows are more important because we're seeing how this progress for Bitcoin is making waves not just for this community.
But also for the history in the world of assets and it's reaching greater market cap beating the other top corporations in the tech sectors.