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Author Topic: Bitcoin Hits Record $48.2K  (Read 748 times)
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February 10, 2021, 04:51:42 PM
 #21

Like i have said and will always say, there is no stopping the bitcoin revolution. $48.2k will soon become the new normal price for btc. 2021 is the year where bitcoin price value will surpass our expectations. Watch and see!
There's no mistake about the price or it can even surpass $50k for this whole year. Big investors and companies are betting up their wealth for bitcoin because they can see it's value that rises time after time. As you can see, even well known celebrities and sports players are investing on this currency. So nothing's impossible for bitcoin to rise its value up high.
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February 10, 2021, 10:07:19 PM
 #22

Like i have said and will always say, there is no stopping the bitcoin revolution. $48.2k will soon become the new normal price for btc. 2021 is the year where bitcoin price value will surpass our expectations. Watch and see!
There's no mistake about the price or it can even surpass $50k for this whole year. Big investors and companies are betting up their wealth for bitcoin because they can see it's value that rises time after time. As you can see, even well known celebrities and sports players are investing on this currency. So nothing's impossible for bitcoin to rise its value up high.

We just had some healthy dips today, nevertheless that $48k was a new all time high for us.

$50K should be the next target, however, the Elon Musk news was not enough to pump. The good thing is that we have a lot of leg room now, we are still in February so $50k is doable in the next coming months, just a question of when. Big investors and companies are hedging their assets to bitcoin because it has the potential to even grow higher.

R


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February 10, 2021, 10:20:47 PM
 #23

I can't believe what I am seeing, bitcoin is currently pumping and pumping very high. This time bitcoin already break again the new ath which is $45,000 due to what Elon Musk do on buying an approximately 1.5b worth of bitcoin. I am clearly seeing that the bitcoin will eventually reaches around $60,000 to $70,000. I am hoping that it may reaches this price in order to set again a new record on the new all time high of the year. We really don't know what will happen on the next few days so let's just watch what would happen on it.
Yep, it seems to wonder how the market turns to a massive change after Elon Musk did. I definitely not expecting that we are able to reach $40,000 just having these institutional investors but this person creates such huge changes just only by having a tweet and hashtag below his name.

I'm not sure if this is just a trick or whatever, but I was glad enough of not selling my entire Bitcoin in the past days, I'm still holding maybe we can reach $100k someday.

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February 10, 2021, 10:27:47 PM
 #24

I can't believe what I am seeing, bitcoin is currently pumping and pumping very high. This time bitcoin already break again the new ath which is $45,000 due to what Elon Musk do on buying an approximately 1.5b worth of bitcoin. I am clearly seeing that the bitcoin will eventually reaches around $60,000 to $70,000. I am hoping that it may reaches this price in order to set again a new record on the new all time high of the year. We really don't know what will happen on the next few days so let's just watch what would happen on it.
Yep, it seems to wonder how the market turns to a massive change after Elon Musk did. I definitely not expecting that we are able to reach $40,000 just having these institutional investors but this person creates such huge changes just only by having a tweet and hashtag below his name.

I'm not sure if this is just a trick or whatever, but I was glad enough of not selling my entire Bitcoin in the past days, I'm still holding maybe we can reach $100k someday.

i dont think it is a trick as tesla already bought their btc stash. and they are planning to include crypto as part of their payment method. so nope, they are not joking with regards to joining the crypto community. 50k is like at the tip of our hands already. and we're not even at the end of this month.
seems 40k has a stronghold now. really amazing whats happening in crypto these days!

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February 10, 2021, 10:28:31 PM
 #25

Just like I said that at the end of winter we'll witness spikes in prices. What great news!!! I'm so excited about this!  Smiley Wink
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February 10, 2021, 11:55:41 PM
 #26

Bitcoin and ether surpassed Monday’s price records. In ether’s case, CME’s futures launch has given the asset more credibility than ever before.

Bitcoin (BTC) trading around $47,174 as of 21:15 UTC (4:15 p.m. ET). Gaining 7.1% over the previous 24 hours.

References: https://www.coindesk.com/market-wrap-bitcoin-record-cme-ether-futures


This situation of Bitcoin becames tremendous for several hours, and if the trend continues to perform great; I think we're just near to touch around $50k at an earlier stage. Most of the topics and speculations was really hoping for good that we're going to reach that impressive value. But, always be careful after that huge pump happening! There could be faster declination of value because short time traders could quickly initiate selling their holdings for quicker profit.

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February 11, 2021, 12:17:54 AM
 #27

Paddy Filan i think this year is going to be really big for crypto the hard part is knowing which one I think BTC will break out.
Eth Going in very smart way. Now little correction Of Btc to 44.5 and Eth to 1730$ but soon Btc will get 50k and Eth will get 2000$ All time high

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February 11, 2021, 09:21:12 AM
 #28

Here in India, the price is 3% to 5% lower than the international market price, as users are wary about the incoming ban from the government. In most of the P2P platforms, there is a lot of selling pressure and the volumes are also low. Many of the vendors have also deactivated their account in these platforms (local KYC-compliant exchanges are also showing a similar discount and reduction in trade volumes).

Are the a lot of miners and mining farms in India? What part of worlds trading volume do Indian trader make? I've never checked that. If cryptocurrency in India becomes illegal, do you think it would impact on Bitcoins price?

I see that Bitcoin price got pumped by Elon Musk, and now slowly is going down to. If Indian situation turn negative, I guess its price might even go below $40k.

R


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February 11, 2021, 09:51:03 AM
 #29

It looks like the Bitcoin price surge is unstoppable since, after Tesla, many big companies are going friendly with Bitcoin.  News like Mastercard planning to let merchants accept Bitcoin in their platform will surely put another boost to the current Bitcoin bull trend. Here is some quoted part of the said news.

Quote
Previously, Mastercard supported limited cryptocurrency transactions through its cryptocard partners Wirex and Uphold. But those programs only cover payment, not settlement; the coins are converted to fiat currency well before reaching the merchant.

The new initiative promises to upend that dynamic among the store owners and businesses who opt in. They will be able to conduct their business beyond the bounds of the fiat ecosystem, assuming, of course, their customers have crypto they’re willing to spend.

I think $50k BTC is just around the corner.


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February 11, 2021, 09:55:40 AM
 #30

Bitcoin and ether surpassed Monday’s price records. In ether’s case, CME’s futures launch has given the asset more credibility than ever before.

Bitcoin (BTC) trading around $47,174 as of 21:15 UTC (4:15 p.m. ET). Gaining 7.1% over the previous 24 hours.

References: https://www.coindesk.com/market-wrap-bitcoin-record-cme-ether-futures


On the other hand, a lot of people get liquidated because of the Tesla News investment in Bitcoin with just a few hours bitcoin pump so much.

To be honest, it's both a good and a bad thing for us if you invested in bitcoin already the pump could easily give you profit, but as well as we cannot buy bitcoin anymore at a much cheaper price.

So on the buyer side, it's a bad thing and on the seller side, it's a good thing as well. It was just getting started as other giant companies as well could invest in bitcoin.

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February 11, 2021, 09:57:20 AM
 #31

I think that Bitcoin will achieve again new ATH. This is a bullish time and the era of bullish time is still not ended yet. Moreover there is good news about Tesla buying many BTC. Can it reach $50k? Probably. But we must also analyse the market carefully
The bull run will never end as long people are considering that it is still a bull run. This is a good thing for bitcoin because with Tesla's 1.5 billion USD worth of bitcoin purchase, the institutional investor money that was running dry in January is definitely getting replenished and this purchase could be a precedent to another flood of institutional investor money that the bitcoin market ever needs. In my opinion a 50k will not be a problem because chances are the prices are steadily going up and the resistance in 40k was difficult but another difficult resistance is not possible.

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February 11, 2021, 10:18:07 AM
 #32

I think bitcoin will hit $100k in next year. It’s totally my opinion.

Demand of bitcoin increasing day by day. Recent big investment also effect in bitcoin market.
Well mate there nothing impossible when talking about bitcoin for sure it will happen sooner or we wouldn't know bitcoin price quite good and it always something to do with those billionaires who keep investing their liquid asset into bitcoin cause as we can see the bull run never stop and to be honest as long as you had some of bitcoin and you're still getting profit from it this it is really good for people it can be also be an eye opener for those who really wanna involved their lives with bitcoin. Well bitcoin price changes every second because it is normal for a volatile coin and on the other side since the news spread of what elon musk did about tesla of course there will be another investors coming in.
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February 11, 2021, 10:28:45 AM
 #33

I cannot imagine BTC will stop growing anywhere soon. According to the WorldCoinIndex the price at this moment is $45,444 and believed to rise even more.
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February 11, 2021, 12:34:35 PM
 #34

Here in Canada BTC is already at $59,175.   
To bad your To bad USD and Euros ,are lagging behind .. Lol.
So you're lucky to come to you. I hope you already sell your bitcoin at that price. I think that is because of a different price from fiat in every country, making the bitcoin price different in each country. But I am sure the bitcoin price will pass $50k in every country.

I can see a pattern that this next break on 50k will be easy like what happened at 30k being easily broken after a hard resistance at around the 20k. 75k is a far fetch for now but with Tesla's action, I think that there is more to come but 100k is not impossible, we never expected this current prices back when bitcoin was still 10 dollar apiece so we just have to trust the volatility of bitcoin and that it will only go up. One thing that worries me is that we might reach a prices that are unattainable for certain people which will defeat the purpose of bitcoin of being an all walks of life investment.
I think people can still buy bitcoin at any price, even if they do not have much money to buy a big satoshi because people can adjust their money to buy bitcoin in any satoshi. Bitcoin will be their investment as gold, so if they can only spend $100 monthly, they can still buy bitcoin and hold it for the investment. Once this is happening, people will search for the other coins to give them a chance to make more bitcoin. We still have much time to see the bitcoin price reach $50k to accumulate more bitcoin from now on.

I cannot imagine BTC will stop growing anywhere soon. According to the WorldCoinIndex the price at this moment is $45,444 and believed to rise even more.
I am sure it will increase to more than $45k-$50k. Just wait and see while you can prepare your bitcoin to sell at that price.

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February 11, 2021, 12:48:08 PM
 #35

The hype around Tesla and Musk is more or less consumed.The current Bitcoin price is around 45K USD and slowly going down.I thought that the news around Tesla will start a "snowball effect" and more corporations will join the Bitcoin community,but I was wrong.I guess that all the institutional investors are extremely cautious,when making such investment decisions,so the Bitcoin bullish movement will be delayed for a few months.

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February 11, 2021, 01:16:27 PM
 #36

To be honest I wasn't surprised a few days ago Bitcoin managed to hit the price of $ 48k, and became the new ATH price. Because I do predict that
in February Bitcoin will reach a price of $ 50k. So I believe the Bitcoin price in the near future will hit a price of $ 50k soon. Therefore, don't be in
a hurry to sell the Bitcoin that we have. Because the Bitcoin price increase will take place at least in the next few weeks. So just HODL our Bitcoin,
if we really want to get maximum profit.

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February 11, 2021, 01:58:31 PM
 #37

There are something different about the increasing price of bitcoin this year. In 2017, the increasing price of bitcoin was caused by the individual big investors and whales. While this year likely the increasing price of bitcoin is caused the rising of institutional interest in digital currency, I think this is understandable as this pandemic decreasing physical human interactions. It seems that Central Bank Digital Currency project is one of factors that influenced it. This is a signal that bitcoin will get mass adoption soon.

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February 11, 2021, 02:06:52 PM
 #38

It will soon reach $50,000 no doubt about it. The current situation where more popular investors dive into Bitcoin investments drives the market crazy. Cryptocurrency will soon be the new trend of investments arround the world most especially Bitcoin.



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February 11, 2021, 02:15:43 PM
 #39

The richest man in the world just 10% of his company balance sheet into Bitcoin to avoid loss of purchasing power to inflation, we're going so much higher!

Other companies are almost forced to follow suit on the presumption that Elon has made a smart move - He has.

There is a rumor (from what I've been told is a reliable source) Apple, Google & Oracle are next.

Selling here (or ever) is madness.



Im confused if i have to buy now or not...i regret my desision to not buying when the price drope to 35k and i was waiting for lower price but it seems hard to see bitcoin under 40k...what you advise to me broo
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February 11, 2021, 02:22:00 PM
 #40

Today Bitcoin Price make another new ATH. Last Few Months Bitcoin price booming, so big Possibility this year bitcoin price touch $100k

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