Boring weekend of price action. Hopefully it’s the calm before the storm. Maybe we have one little dip to successfully retest $90,000 but I really hope and actually expect to see upwards price trajectory soon.
This is not a joke any more, sub $100,000 Bitcoin is stupidly cheap. We are entering May now, I want to see a significant move soon.
Let's see Bitcoin price on the current day bar chart that gives us very good overview and also comparison of Bitcoin prices on a same day over different years.
It is damn helpful for us to see Bitcoin solid parabolic growth with years.
https://charts.bitbo.io/price-current-date/
Interesting, the price was low in 2023. I don't remember what happened inthis year which made the price reach this low number but now since we are not going to see any bad dayslike this due or covid or any other bad news I think the next year in 2026 we can expextto see much higher prices like 200 or 250K however if you ask me I like to see the price goes lower than this because I couldn't enough bitcoins so far and currently looking for a chance to buy dip.
In another theory, we also have bitcoin halving in the next three years, which can definitely affect the price of bitcoin in 2026.
Sure it is interesting to look at a chart to see where the BTC price was at during any particular day and then to look at that over 16 years, yet at the same time, you should not be drawing too much significance for merely where the BTC price happened to be on any one particular day.
You also should not necessarily limit your own analysis to where the BTC price was at any particular day when there is plenty of information to provide you with context regarding where the BTC price was at befor and after the date in question - in which you pointed out 2023 to have had been significant in your assessment of just that chart and proclaiming your own willful ingornance to emphasize that you do not know what was going on around that time to cause such 2023 price.
BERNSTEIN SAYS PUBLIC COMPANIES COULD ALLOCATE UP TO $330B TO $BTC TREASURIES OVER THE NEXT FIVE YEARS
So more cash will flow in BTC, let's rockzzz guys
Link or it did not happen.
A very strange year so far...
I am still expecting 210K, though.
If we focus ONLY on bitcoin, the year has not been that strange.
We came into 2025 with a Trump pump that brought the BTC price up right around 60% in slightly more than 2 months (perhaps 10 weeks). Then we got a correction back down, which we did not even go all the way back down to the $69k-ish starting point.
We had a similar thing in 2019, yet that was BIGGER to go from $4,200-ish and then up to $13,880 in three months, and then we did not come all the way back down.. but close to it.. and surely we may well would have had continued up in 2020, even though many folks may well consider the March 2020 correction as a bit of an aberration... which truly did not end up really negatively affecting bitcoin's price trajectory for the 2021 pump, even though other factors likely ended up screwing bitcoin's 2021 pump, and I doubt that we can proclaim that the 2021 lack of pump was really only a few factors, but instead a bunch of different explanations that may well be incomplete in and of themselves, but they still can add up to a story that we can tell to explain bitcoin price dyanmics for that time period after the fact.
We seem to be drifting down. What's up with that? Is the market drunk for Cinco de Mayo?
We had a couple of weeks of drifting up from mid-to-lower $80ks to our mid-ish $90ks, so what is so unusual about having some drift back down (whether temporary or not?)?
We also could proclaim that the drift up had taken place over a month.. so in that sense we would measure from the $74,434 low from April 6, so then around a $20k drift up happened over a whole month, who might not expect a possible pausening (sure it does not have to happen) to take place during such $20k uppity drift?
While I'll admit I don't like the uncertainty that seems to be hovering over the market right now, there is so much bullish activity going on behind the scenes it is hard to not keep the faith.
The BTC price went up from $74k to mid-$90ks and there was still uncertainties in the macro-markets during that upward's drift.
I just hope the government actually does buy BTC and we aren't all being gaslit for exit liquidity right now. Eric Trump going hard into Ethereum right before it cratered wasn't the most inspiring event. Hopefully we don't see something similar with his father and Bitcoin. Still, I think we see $170K this year and that is being conservative from how I feel.
Funny about the shitcoiner stuff. Hahahahaha.. what a bunch of retarded grifters. sometimes grifting works, and sometimes it does not. They should keep their eyes on the prize rather than getting distracted. It is nice to see the ethereum talking points failing to revive that crappy project that likely did not deserve as much attention and/or capital that it had been receiving, and in the ethereum camp, there are still a decent number of them still throwing money at that crap hoping for a bounce.. a lot of shitcoiners deservingly getting reckt...and sure I have no fucking clue if it might bounce, even though it never really made a whole lot of sense to me, except that it has always been a decently good (easy) place for scammers to scam, yet there have developed quite a large number of viable competitors that are springing up to take away their monopoly that had been largely built on false narratives in the first place.
We seem to be drifting down. What's up with that? Is the market drunk for Cinco de Mayo? While I'll admit I don't like the uncertainty that seems to be hovering over the market right now, there is so much bullish activity going on behind the scenes it is hard to not keep the faith. I just hope the government actually does buy BTC and we aren't all being gaslit for exit liquidity right now. Eric Trump going hard into Ethereum right before it cratered wasn't the most inspiring event. Hopefully we don't see something similar with his father and Bitcoin. Still, I think we see $170K this year and that is being conservative from how I feel.
I would love to see that. 170k. I would be fine with even 120K being the top for 2025.
Sure, we would be fine, but $120k seems quite amazingly small... even though in my own expectations, I had been thinking that somewhere in the range of $120k to $180k would be the top in 2024, and then we would get somewhere in the supra $230ks for our 2025 top... Yeah, it is hard to know whether anything related to my initial thoughts are still in play, just delayed.. and surely I would not exclude the possibility of BIGGER numbers that would either get to or exceed (perhaps temporarily) gold's market cap for this cycle, but those are seeming like quite minority scenarios that might ONLY land in sub 5% probability territories.
Don't get me wrong, since I hate to really presume up, so even expecting more than 10% per year beyond our already existing high points seems like overly presumptuous, yet we know that historically bitcoin has been doing something like 60% per year since 2013/2014, yet we cannot take those numbers for granted, even though they continue to play out. .but from my perspective, we cannot take them as a given even though at the same time we should have systems in place that we are prepared for them in case they end up happening.
Many of us already recognize/appreciate that there are prudent and reasonable ways to prepare our lil selfies for asymmetric bets to the upside, which is part of the reason that several of us have hung in there by mostly erroring on the side of accumulating BTC and/or HODLing it for a cycle or two or even more... not always easy to accomplish.. but still has been greatly rewarding, even if experiencing some stresses along the way..
(LFC.. cough, cough.. hahahahahahaha.. I remember Bawb also used to be like that.. though he has not been saying too much during this cycle)
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