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Author Topic: When Bitcoin is going cross $50k?  (Read 414 times)
bitgov (OP)
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February 10, 2021, 10:52:09 AM
 #1


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?

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February 10, 2021, 11:36:29 AM
 #2


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
Who Knows ? and also this same question has been asked for how many times since last year when the Bull started and you know the answer , Nothing is certain.

and if People Knows this then everybody in the world had already invested in this coin?


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February 10, 2021, 11:49:42 AM
 #3


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
Who Knows ? and also this same question has been asked for how many times since last year when the Bull started and you know the answer , Nothing is certain.

and if People Knows this then everybody in the world had already invested in this coin?


I asked this question mainly because of the information that has recently stimulated the entire cryptocurrency market. Do you think that the information about Elon Musk's investment in Bitcoin will raise the price over $50k, or is this the end of the increases and we can expect a correction, and we will wait a few more weeks for exceeding the $50 level?
I personally believe that this is just the beginning of the increases, and the $50k should be exceeded by tomorrow at the latest.

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February 10, 2021, 12:26:07 PM
 #4


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?

This will depend on whatever plays out from the market in the next few hours; at the moment there are price corrections and several new openings in almost all trade pairs; if the correction does not break support and turn to bear maket; then bitcoin can easily clock 50000$ this week. Not an investment advise so i urge you to understand that you are not profitable until you take profit.
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February 10, 2021, 12:41:04 PM
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 #5

It will probably take days or weeks, not hours. We never know but that's what I thought. The sudden rise which was generally believed to be brought about by the purchase of Elon Musk's Tesla of $1.5 billion in Bitcoin is already done. It had successfully produced one long green candle. That was unbelievable. In total, there was a very big and quick growth from $37,000 to $48,000 in just a matter of hours. That was already enough for now I believe. That change of more than $10,000 in hours was incredible. It is expected that the price will correct first before $50,000 is reached.
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February 10, 2021, 02:31:58 PM
 #6


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?

Lightning speed in 40k? No it wasnt but not to deny  that we did really able to breach out in a short span of time that we cant never imagined of for bitcoin
to do such feat. 50k price or further 10k increments wont really be still a sure thing to happen in a fast manner but when we do talk about possibilities
then it would likely to happen and it all matters with the demand.We do need a little bit more push towards the market and driving it out to 50k level.
More bullish or adoption news will be good to see but lets see on what would happen on further months to come into this year.
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February 10, 2021, 02:51:00 PM
 #7

I actually think that when it will cross that line is not the important thing. What is important is the trend, caused by a growing demand and a a protocol  that limits supply. The most likely scenario is that we will see it cross not only $50k but $100k this year, and the most important thing is the type of asset we own.

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February 10, 2021, 03:17:14 PM
 #8

this rise has been slow but lets be honest the rise was about $8000 which means about 20% in only a couple of days. we can't expect the price to grow any bigger than that without creating a bubble, even if it is a small one. after the 20% rise we needed a small correction and obviously we got that too.
$50k is still in the roadmap and will be reached pretty soon because the rising momentum is still very strong.

There is a FOMO brewing...
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February 10, 2021, 03:35:27 PM
 #9

Do you think that the information about Elon Musk's investment in Bitcoin will raise the price over $50k, or is this the end of the increases and we can expect a correction, and we will wait a few more weeks for exceeding the $50 level?
I personally believe that this is just the beginning of the increases, and the $50k should be exceeded by tomorrow at the latest.

The news that Tesla has invested in BTC had a short-lived effect that we could all see - but we should no longer expect the price to go up because of it. Unless a new investor with a similar investment shows up, I expect there will be a minor correction that we can notice now - the difference in 24 hours is currently around $3000 downwards. The market doesn’t just work the way someone buys, and there’s no doubt that many have taken advantage of this sudden jump to liquidate part of their crypto assets.

Realistically, the price did not go up because EM bought a certain amount of BTC - but only because of the news that it happened. There are still quite enough BTC on the market for anyone looking to buy them - and so I think BTC will stay below $50 000 until some new positive news.

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February 10, 2021, 03:45:55 PM
 #10


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
Honestly, I have no total idea but I am pretty sure that it won't happen in the next couple of hours. Perhaps it would take a couple of days or weeks depending on if a large investor will make an entrance. The movement is kinda slow indeed, apparently because the resistance is getting strong. The uptrend is apparently made by the purchase of Elon's Tesla but it is now over expect that there will be a correction before we touch $50k once again. I am certain that the rally is not yet done so $50k will be possible however, we don't exactly when.



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February 10, 2021, 04:44:22 PM
 #11

BTC $50K? Need more instinctual investors like Tesla. Everyone knows the reason behind of current uptrend. When a big investment new comes on crypto media, then we see an effect on bitcoin price. But after that always there is a price correction. There is no reason why Bitcoin should just continue pumping. It's playing around whales, FOMO and FUD. The Tesla effects on bitcoin price are over, so we are encountering a small correction. No one could say exactly if pump again after this correction or just play around $40K zone.
 

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February 10, 2021, 04:51:38 PM
 #12

While we cannot predict whether Bitcoin will reach these levels when it was $ 100, I can say the same situation now. Also, there was a slowdown in the market right now, let's see what will happen as a result of this.
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February 10, 2021, 05:02:12 PM
 #13

<snip>
Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
The system of bitcoin market isn't just a system we can just imagine or guess about, mostly in it price. Yeah, we moved swiftly to get into the $40k+ zone but something tells me that it was because of some good news that filtered in through Elon Musk, so, we should expect more bigger news to see something bigger in future, if that doesn't come early there might be a correction before another move of bitcoin into $50k. Currently, the bitcoin market keep mute maybe the correction will take place soon or another good news to push up the price.

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February 10, 2021, 05:36:09 PM
 #14


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?

For now we can't certainly conclude for best answers, and if we're going to see that $50k becomes reality for all who been trading well at bitcoin; fluctuations happened frequently. That price is nearly achievable this year without prior signs.

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February 11, 2021, 07:21:46 AM
 #15

Right now we have psychological barriers that have to break otherwise the upward rise is not changing. But more importantly we have some traders that keep shorting bitcoin who are preventing the price from going up. These sudden rises that we have has been a good way of making them lose a lot of money. When they run out of money enough to discourage them from shorting bitcoin that is when the price would rise with more ease and reach $50k. It could take a couple of weeks though.

People keep saying Elon Musk and Tesla were the reason for the rise but it wasn't. It was just an excuse to punish these shorters. But now they are once again shorting bitcoin to make up for the money they just lost. They need another punushment.

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February 11, 2021, 09:32:31 AM
 #16


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?

For now we can't certainly conclude for best answers, and if we're going to see that $50k becomes reality for all who been trading well at bitcoin; fluctuations happened frequently. That price is nearly achievable this year without prior signs.

Right since there's no concrete information about that speculation since any events may vary depends on the market condition, But I'm waiting for Musk tweets these days about bitcoin since the price by now is slowly dumping and maybe he can lift it up again by his magical touch  Cheesy, But honestly $50k is reachable and it will just came and surprise us.


R


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February 11, 2021, 09:48:37 AM
 #17

for now, I am still very confident that an increase in the price of bitcoin can reach that price. although the increase in price is currently slowing down, however, it only takes another $ 5k before it reaches a price of $ 50k, and for bitcoin, I don't think a $ 5k increase in price is difficult. I suspect that this price will be reached in the coming week.

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February 11, 2021, 10:04:29 AM
 #18


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?

Do not be hurry, Bitcoin eventually will reach it, it's only a matter of time and it will happen this month if this trend continues we will reach $200k I hope I'll have more Bitcoin before the end of this year, this is the best time to buy and HODL Bitcoin because of the possibility of a big pump, I expect the market to have a correction along the way but if the FUDS is not that strong compared to what we have in the last two years $200k is possible.

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February 11, 2021, 10:24:52 AM
 #19

for now, I am still very confident that an increase in the price of bitcoin can reach that price. although the increase in price is currently slowing down, however, it only takes another $ 5k before it reaches a price of $ 50k, and for bitcoin, I don't think a $ 5k increase in price is difficult. I suspect that this price will be reached in the coming week.

Indeed, bitcoin's having correction as more traders are fearing of a huge correction because of the Chinese New Year. Hopefully, it won't happen and bitcoin might gain on $50k again. TBH, i'm also expecting to be see that within this week or next one. Now, it's just about time to hit that level.

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February 11, 2021, 10:47:29 AM
 #20


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
I will Consult my Magic Ball and might Give answer soon , can you wait?  Undecided

What do you think of people here? can predict what will happen for tomorrow ? you have attain a senior Account here yet don't know that it is impossible to answer?

But if you are pointing about the Elon Musk tweets and other stuffs that says makes the price goes up , I believe that this already subside now and seemingly did not make enough room to hit the 50,000$ .

But who knows right ? because now after falling to 44k level today  Bitcoin price is once again Hype to 46k and looks like this is what we are waiting for.









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February 11, 2021, 10:51:07 AM
 #21


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
Actually what we are contributing is like a prediction of bitcoin rate within the month, so bitcoin is already at values of forty six thousand = 46k, so from the way I see marketcap of cryptocurrency, btc can only get to fifty thousand =50k on the month of March, not really these month. So it will stay a little before approaching to 50k.

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February 11, 2021, 03:01:22 PM
 #22

Actually what we are contributing is like a prediction of bitcoin rate within the month, so bitcoin is already at values of forty six thousand = 46k, so from the way I see marketcap of cryptocurrency, btc can only get to fifty thousand =50k on the month of March, not really these month. So it will stay a little before approaching to 50k.

Might actually hit today, looking at the volume -- and the failure of the retracement to pull back towards $40k -- I'd say it's all ripe for 50k to be at least tested by the weekend. And then we'll have a look to see what type of price awaits Monday traders. Say, two or three tests before a real direction? Either way, bears looking weak af.

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February 11, 2021, 03:02:37 PM
 #23


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?

50k loading sooner than soon

Cause is not before and effect is not after
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February 11, 2021, 03:11:52 PM
 #24

As the market goes, it can happen now! Best of all, a lot of institutional investment has relied on Bitcoin, according to some JPMorgan advisers advise that because Paypal, Microstrategy, Elon Musk have not bought Bitcoin they wait for another great businessman to buy, it is time for them to react to buy.

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February 11, 2021, 03:41:02 PM
 #25

I believe we are not going to see anything low anytime soon, I can't say when it will pass the 50k mark because that is something we could never know, or predict but I can say that we are not going too low anymore and that is an important part of crypto as well. I personally feel like there is this kind of situation in crypto where when it goes up a lot there is a lot of waiting period before it could ever go down and looking at all the companies that buys bitcoin constantly, I could say that there is no way that all those purchases could come with a drop.

Tesla bought some, and there are talks about microsoft and apple buying some as well, grayscale has been buying like crazy all during this period, in the end when all these companies keep buying means that the price will not drop that easily, will it go up? Probably but at the same time not guaranteed.

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February 11, 2021, 03:50:37 PM
 #26

Either way, bears looking weak af.

this is the only thing that matters in all of this.
the bears are still trying too hard though but they can no longer do anything and end up losing chances to buy bitcoin before it is too late. but more important than that is the more they are weakened the sooner we will reach $50k otherwise they would have slowed it down like the way they slowed down reaching $40k until the market crushed them.

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February 11, 2021, 04:49:34 PM
 #27


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
I guess we have at least another week for it to happen. People mock me when I say this but the valentine's day probably has something to do with not going over 50k this week, and many might say they are irrelevant but I think they have a bit of connection.

In valentine's day everyone gets something for their loved ones, and that is what I was hoping for as well, I bought a cute teddy bear (nothing major, just wanted to surprise her) and that is going to happen all around the world, and even with lockdowns and covid still rampant, people will do something but probably most will do inside the house, still costing some money.

These are of course not investment level stuff and we are talking about now major companies going in with billions but I think this is going to still push that 50k+ into next week. Maybe I am wrong but that is my guess.

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February 11, 2021, 04:59:34 PM
 #28

From what I am observing, it was JPMorgan and other huge institutions that started to become very interested in Bitcoin. Let me just remind you that a few years ago JPMorgan officially called Bitcoin fraud. It seems that under the new circumstances, such institutions are setting the sail to go with the wind, and if not today, I'm sure that the Bitcoin price will explode within a few weeks. However, I am afraid that in the coming days there may be price manipulation and exceeding the $50k level will not be so easy.

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February 11, 2021, 07:25:45 PM
 #29

The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
The highest valuation the market went is around $48k and the market is trying to breach that once again and if it is able to breach the resistance then we might go well above $50k but i think it will take some time to breach the resistance around this valuation but in a few months we will breach the $50k before the market goes down.
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February 11, 2021, 07:48:46 PM
 #30

Maybe we can expect the price of bitcoin reach $50k by tomorrow. There is fast pace growth happening between specific price points. With the large scale institutional investors into the cryptomarket, price has been booming high and declining continuously. As of now Elon Musk is the core person behind the market pumping. Maybe someone following him can try to make a better difference in the market.

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February 11, 2021, 07:59:17 PM
 #31


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
Many investors are buying bitcoin at the current price and their target is not $50K. Bitcoin will beat this, you just need to hold your BTC
The question what happens if reach $50K, you want to sell your Bitcoin?? Or what? I think you should stop be weak hands because you will regret it

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February 12, 2021, 11:52:42 AM
 #32

this is the only thing that matters in all of this.
the bears are still trying too hard though but they can no longer do anything and end up losing chances to buy bitcoin before it is too late. but more important than that is the more they are weakened the sooner we will reach $50k otherwise they would have slowed it down like the way they slowed down reaching $40k until the market crushed them.

Indeed. I have to say they've been disappointing me since November, really. They're trying really hard and have now missed several boats to load up for profits around current price, and there's more to come. Dips are hard to come by now, rally hasn't even gotten to full swing yet. Once Q1 comes around and we begin to see a clearer picture of how badly economies are doing from 2020 figures, it'll be another notch up for people and institutions to lock in value into something other than fiat.

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February 12, 2021, 12:03:06 PM
 #33


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.
Actually you must edit the thread because it is 48,800$ is the last mark of Bitcoin meaning we are only 1,200$ away from the breaking of that 50,000 in which you mentioned.

Quote
Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
Next hours won't be an assurance but this week ? i think that is enough time to cross this much awaited 50k braking .



Remember that Bitcoin always climbs up , There are some fall but recovery will surely follow .

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February 12, 2021, 01:01:50 PM
 #34


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?

This is where a lot of investors lost their investment because they ran out of patience.
Of course Btc won't break through the $50,000 level that easy simply because there are people who are also selling at this current price range.
So, If you're planning to sell at $50,000 then better to have an extended patience, or you could sell at the current Btc price anyway, because nobody knows when will Btc hit $50,000.

R


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February 12, 2021, 01:26:57 PM
 #35


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?

This is where a lot of investors lost their investment because they ran out of patience.
Of course Btc won't break through the $50,000 level that easy simply because there are people who are also selling at this current price range.
So, If you're planning to sell at $50,000 then better to have an extended patience, or you could sell at the current Btc price anyway, because nobody knows when will Btc hit $50,000.
I wish I could still have the courage to wait and have patience with me. We are really close to $50k but sometimes I was thinking about selling and able not to wait for that moment anymore. Maybe we could say that I was one of those weak hands and impatient people but you can't simply decline the opportunity given once because $48,000 is something big enough. Even you buy Btc at $40k and then sell it now, that seems not regrettable on my end.



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February 12, 2021, 03:15:33 PM
 #36


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.
Actually you must edit the thread because it is 48,800$ is the last mark of Bitcoin meaning we are only 1,200$ away from the breaking of that 50,000 in which you mentioned.
Let's not say "it always goes up" but end it with "it always go up in the long term", I have been around crypto long enough to know that there are great periods like the one we are having right now, and everyone feels invincible and they make decision based on these kinds of situations and they think they are going to keep making a profit forever, but the reality is that there isn't anything that is forever in the crypto world, you do not profit forever, you do not lose forever neither, it is probably 50%-50% in the end.

However the long term trajectory is always higher, you earn 10%, lose 4%, you earn 20% and lose 8% and it goes like that constantly, of course bigger numbers as well. This is why I think bitcoin will be 50k, and even 500k one day, that is my end goal, if it ever reaches 500k I would say that it peaked at the top and can't go any higher, but until it is 500k I think it will always go up.

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February 12, 2021, 03:17:38 PM
 #37


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?

Expect a price of 50k within this month or even a slight price increase of 55k. However, there is a possibility of dump and that's after all effect of Elon Musk tweets calm down. And its really good for the market, we expect to see a natural growth not a growth influenced by anyone.
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February 12, 2021, 05:47:16 PM
 #38

Many investors are buying bitcoin at the current price and their target is not $50K. Bitcoin will beat this, you just need to hold your BTC
The question what happens if reach $50K, you want to sell your Bitcoin?? Or what? I think you should stop be weak hands because you will regret it

No doubt about that, we might see a small correction before bitcoin's made a new ath of $50k. TBH, real hodler won't sell out BTC if it reach $50k or maybe sold out some portion from portfolio. Also, everyone might wait for $100k as Bitpay card can be used on Apple pay which is a great news. BTW, google and samsung might be entered into bitcoin which is rumoring everywhere after apple pay's news.

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February 13, 2021, 08:45:36 AM
 #39


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?
Bitcoin in $50k usd is not imposible this time, we are now at 47k so we are almost there and i believe that we only need a very short period of time maybe next week or months i think this is a great time for bitcoin and i believe that bitcoin will maybe continue to rise above $50k usd i see that the bitcoin resistance is very high this time.

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February 13, 2021, 09:17:07 AM
 #40

Maybe we can expect the price of bitcoin reach $50k by tomorrow. There is fast pace growth happening between specific price points. With the large scale institutional investors into the cryptomarket, price has been booming high and declining continuously. As of now Elon Musk is the core person behind the market pumping. Maybe someone following him can try to make a better difference in the market.
The price didn't hit the 50k yet but we can expect that when bitcoin ever so touches that 50k resistance, consider it broken because I was observing patterns that every time bitcoin hits a certain price point like 20k, the 30k was a smooth ride which means that in 20k the resistance is strong but the next 10k which is the 30k, the market simply glided in and then come the 40k resistance which we yearned to break for about a month and it has finally been broken when Tesla bought 1.5 billion worth of bitcoin and @romero121 might be right about prices going up if there is someone that is going to follow what Tesla has done.

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February 13, 2021, 11:59:00 AM
 #41

Many investors are buying bitcoin at the current price and their target is not $50K. Bitcoin will beat this, you just need to hold your BTC
The question what happens if reach $50K, you want to sell your Bitcoin?? Or what? I think you should stop be weak hands because you will regret it

No doubt about that, we might see a small correction before bitcoin's made a new ath of $50k. TBH, real hodler won't sell out BTC if it reach $50k.

Realistically, why not? I mean hodlers who has been waiting for Bitcoin to hit $50,000 (as their target) for quite a long time can finally sell their Btc. It's all up to them If they will continue till Btc reaches the $100,000 mark. But, you can't just say they aren't a "real" holder.
Though $50,000 sounds just a small value to those heavily invested people or those who have a massive bag, thus people selling at $50,000 won't have major effect on Btc price.

R


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February 13, 2021, 05:27:03 PM
 #42

The price didn't hit the 50k yet but we can expect that when bitcoin ever so touches that 50k resistance, consider it broken because I was observing patterns that every time bitcoin hits a certain price point like 20k, the 30k was a smooth ride which means that in 20k the resistance is strong but the next 10k which is the 30k, the market simply glided in and then come the 40k resistance which we yearned to break for about a month and it has finally been broken when Tesla bought 1.5 billion worth of bitcoin and @romero121 might be right about prices going up if there is someone that is going to follow what Tesla has done.
50k is not even just a regular resistance point, kind of like 20k as well as 10k too, it is a psychological barrier that needs to be broken. What this means is that, regular resistance points just have people who sell at that price a lot, there are insane amount of bitcoin that is being sold on 50k limit price, and in order to go beyond that, we need buyers who would buy the regular market sellers, then miners who sell, then some more to increase, and also all the 50k resistance point sells which means buyers needs to be a whole lot more than sellers to reach there. That is regular breaking point right?

Well, the psychological is that sellers think that we can't go above it too much, and buyers think it might be difficult to go beyond it as well. Which means during a period when we need people to buy more, and much much more, people are thinking it is very tough to go beyond it, so it creates an extra layer of problems.
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February 13, 2021, 06:30:43 PM
 #43


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.
Actually you must edit the thread because it is 48,800$ is the last mark of Bitcoin meaning we are only 1,200$ away from the breaking of that 50,000 in which you mentioned.
Let's not say "it always goes up" but end it with "it always go up in the long term", I have been around crypto long enough to know that there are great periods like the one we are having right now, and everyone feels invincible and they make decision based on these kinds of situations and they think they are going to keep making a profit forever, but the reality is that there isn't anything that is forever in the crypto world, you do not profit forever, you do not lose forever neither, it is probably 50%-50% in the end.

However the long term trajectory is always higher, you earn 10%, lose 4%, you earn 20% and lose 8% and it goes like that constantly, of course bigger numbers as well. This is why I think bitcoin will be 50k, and even 500k one day, that is my end goal, if it ever reaches 500k I would say that it peaked at the top and can't go any higher, but until it is 500k I think it will always go up.

Nice argument and thanks for that statement., In the long run Bitcoin always do that, keeps bringing good value if you are doing it as long term investment, There are always great opportunities to take good amount of profits, though there's also times that you'll lose if you are not doing your research, fluctuations is always present so anticipating corrections is part of your analysis, you just need to keep doing well in order not to lose much but instead, take good amount of benefits.

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February 13, 2021, 11:06:45 PM
 #44


Well, the psychological is that sellers think that we can't go above it too much, and buyers think it might be difficult to go beyond it as well. Which means during a period when we need people to buy more, and much much more, people are thinking it is very tough to go beyond it, so it creates an extra layer of problems.

I agree that is why some people are on a wait and see attitude and always asking the right time to buy, they want someone or a group to break the barrier, sometimes good news is a barrier to break that, take the case of DogeCoin holders are asking when moon, then came Musk who breaks the barrier and people's motivation to buy was released.
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February 13, 2021, 11:12:25 PM
 #45


Well, the psychological is that sellers think that we can't go above it too much, and buyers think it might be difficult to go beyond it as well. Which means during a period when we need people to buy more, and much much more, people are thinking it is very tough to go beyond it, so it creates an extra layer of problems.

I agree that is why some people are on a wait and see attitude and always asking the right time to buy, they want someone or a group to break the barrier, sometimes good news is a barrier to break that, take the case of DogeCoin holders are asking when moon, then came Musk who breaks the barrier and people's motivation to buy was released.

I have the feeling that we will break the $50k this month. We almost reached the 49k already. Guess, in some small or local exchanges, bitcoin is already priced at about 50k. But aiming for 50k? This is very easy now. While others are already aiming for 100k, 50k is the nearest price in the current market to achieve without a doubt.
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February 13, 2021, 11:17:00 PM
 #46


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?

If the big players follow the example of Elon Musk, then this will happen within a few months (I mean, a significant excess of this level). Why so slow? Because large players do not make decisions as quickly as ordinary traders, plus they make deals on OTC markets and influence from there spreads more slowly than with transactions on the exchange.

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February 14, 2021, 01:13:34 AM
 #47


The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.

Do you think the $50k will be exceeded in the next hours or will we have to wait a loooot longer for it?

If the big players follow the example of Elon Musk, then this will happen within a few months (I mean, a significant excess of this level). Why so slow? Because large players do not make decisions as quickly as ordinary traders, plus they make deals on OTC markets and influence from there spreads more slowly than with transactions on the exchange.

Or maybe some of them are already the market, so they are already "price-in".

But eventually that $50k mental barrier is going to be broken. We are just like $3k from it, so we don't need big players engaging like Elon Musk, although he can hasten the march to $50k. When another FOMO sets in specially when there is a positive news around, that $50k will be slice like a butter. And as I have said previously, let the market run its normal flow it is much healthier for us in the long run.

R


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February 14, 2021, 07:36:40 AM
 #48

We've just saw Bitcoin went to its new ATH of $49,066.99 base on Coingecko just an hour ago.

What I'm waiting right now is a catalyst. A news that will make the price of Bitcoin pump again. There is a high chance that it will happen this month. $50,000 will be breached for sure. We are just a thousand dollars away from that price. After reaching that price, we may see Bitcoin go down again since it is the psychological resistance that we are seeing right now. Just wait for it to happen Smiley.

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February 14, 2021, 08:11:29 AM
 #49


Well, the psychological is that sellers think that we can't go above it too much, and buyers think it might be difficult to go beyond it as well. Which means during a period when we need people to buy more, and much much more, people are thinking it is very tough to go beyond it, so it creates an extra layer of problems.

I agree that is why some people are on a wait and see attitude and always asking the right time to buy, they want someone or a group to break the barrier, sometimes good news is a barrier to break that, take the case of DogeCoin holders are asking when moon, then came Musk who breaks the barrier and people's motivation to buy was released.

I have the feeling that we will break the $50k this month. We almost reached the 49k already. Guess, in some small or local exchanges, bitcoin is already priced at about 50k. But aiming for 50k? This is very easy now. While others are already aiming for 100k, 50k is the nearest price in the current market to achieve without a doubt.

It could happen soon. We still have 16 days later until the end of this month so that everything can happen. We hope that $50k can reach this month, but if that does not happen, bitcoin can break $50k in the next months, and I am sure that $50k can break this year. But to reach $100k, I don't think that will be easy as if bitcoin is not getting more support, it will not help the price to increase.

But no matter how much the bitcoin price will break later, as long as we can take a moment to make a profit, we will have a chance to have many bitcoin, so when the price starts to rally, we can sell it at the highest price.

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February 14, 2021, 08:28:16 AM
 #50

Actually we did reached another all time high at $49,125.11, so close and yet so far to that $50k. But we shouldn't be worry, we will get to there when we least expected. Just like this weekends, usually this is a slow day for traders, but look at what happened, it sets a new all time high and inching closer to $50k. So definitely, it's plausible that next week or even before the end of the month this $50k will be broken.
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February 14, 2021, 08:36:18 AM
 #51

Actually we did reached another all time high at $49,125.11, so close and yet so far to that $50k. But we shouldn't be worry, we will get to there when we least expected. Just like this weekends, usually this is a slow day for traders, but look at what happened, it sets a new all time high and inching closer to $50k. So definitely, it's plausible that next week or even before the end of the month this $50k will be broken.

Right, that's a new all time high according to coinmarketcap. But I would say that we are not ready for that price, because I'm thinking that it we get to $50k, we might see another sell-off and profit taking. Not that I'm against reaching $50k, we will get to there but in the proper time wherein it is no longer an emotional barrier, meaning it we should or can hold on that price.

Otherwise if we hit it today, we will definitely see a drop, perhaps a big drop. Food for thought, bitcoin currently is good for long term investment, so I wouldn't put myself to see short term prices.
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February 14, 2021, 09:16:12 AM
 #52

We will be reaching that milestone for sure.

The price is showing its resistance to that price mark but for sure we will be having a touchdown this month. Maybe at the last week of the month as we can still feel the resistance. The price is still sitting at $48K that just means that it is still going strong. Let's be patient as more and more investors will surely help us achieve that price mark.

Who knows, Apple might change their mind about it.
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February 14, 2021, 11:19:51 AM
 #53

It seems like this is the day where bitcoin will reach $50,000. We should record that as bitcoin is slowly inching to a new big success of $50k.

Again, this is the success for everyone, especially for those who have held longer.
Imagine, bitcoin dropped $3k from the last $20k bull run, and now it's entering into $50k, and might reach $60k next.

So that means $3k x20 = $60k, that's 20 times of profit, well done for those who hodl again.

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February 14, 2021, 06:58:07 PM
 #54

We have gone over $49,000 and looking at resistance just lower than $50k just like we saw
at 20, 25, 30, 35 & 40 etc. this is because traders set their sell orders just shy of key price points.

The speed of rise has slowed so also has the % of fall.
It looks like more people are buying than are selling and that the HODL trend is spreading.

R


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February 14, 2021, 09:57:30 PM
 #55

If the big players follow the example of Elon Musk, then this will happen within a few months (I mean, a significant excess of this level). Why so slow? Because large players do not make decisions as quickly as ordinary traders, plus they make deals on OTC markets and influence from there spreads more slowly than with transactions on the exchange.

Or maybe some of them are already the market, so they are already "price-in".

But eventually that $50k mental barrier is going to be broken. We are just like $3k from it, so we don't need big players engaging like Elon Musk, although he can hasten the march to $50k. When another FOMO sets in specially when there is a positive news around, that $50k will be slice like a butter. And as I have said previously, let the market run its normal flow it is much healthier for us in the long run.

Heh, I didn't think about it! However, if they really are on the market, then now is the time for them to declare themselves, as this will serve as an impetus for the subsequent increase in the price of bitcoin. And here they will get a good opportunity to lock in their profits in a growing market.

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February 14, 2021, 10:06:24 PM
 #56

We have gone over $49,000 and looking at resistance just lower than $50k just like we saw
at 20, 25, 30, 35 & 40 etc. this is because traders set their sell orders just shy of key price points.

The speed of rise has slowed so also has the % of fall.
It looks like more people are buying than are selling and that the HODL trend is spreading.

Still can't hit $50k, haha.. what's happening, will bitcoin price dump and will not achieve $50k this year?
I thought it will be at $50k when I woke up, but now it's still trading at $48k +, maybe it will take a little push or a drop so bitcoin will start pumping again.

Anyway, I know it will soon break that new wall, just relax and keep holding, bitcoin keeps proving us that no wall cannot be broken.



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February 15, 2021, 02:24:26 AM
 #57

From what I am observing, it was JPMorgan and other huge institutions that started to become very interested in Bitcoin. Let me just remind you that a few years ago JPMorgan officially called Bitcoin fraud. It seems that under the new circumstances, such institutions are setting the sail to go with the wind, and if not today, I'm sure that the Bitcoin price will explode within a few weeks. However, I am afraid that in the coming days there may be price manipulation and exceeding the $50k level will not be so easy.
Most institutional investors have had to think again after realizing their folly and underestimation of Bitcoin and cryptocurrency and now as a couple have began to make a turn back, it's only a matter of time rivalry would ensue and that would be the velocity of escape for Bitcoin. Breaching the $50,000 mark is only a matter of time, it's sure to happen though when is what one can not tell because it's a psychological level that would not be readily taken off.
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February 15, 2021, 03:52:36 AM
 #58

We have gone over $49,000 and looking at resistance just lower than $50k just like we saw
at 20, 25, 30, 35 & 40 etc. this is because traders set their sell orders just shy of key price points.

The speed of rise has slowed so also has the % of fall.
It looks like more people are buying than are selling and that the HODL trend is spreading.

Still can't hit $50k, haha.. what's happening, will bitcoin price dump and will not achieve $50k this year?
I thought it will be at $50k when I woke up, but now it's still trading at $48k +, maybe it will take a little push or a drop so bitcoin will start pumping again.

Anyway, I know it will soon break that new wall, just relax and keep holding, bitcoin keeps proving us that no wall cannot be broken.
It will be soon.  $ 50-100 doesn't make an omen for me.  Lol.  The MA gap is widening and the community's recovering trend is becoming one block.  We always need a new unity to see that light together.  The breakpoints are correcting in this bullish direction.  February is still exciting and hot like a dancer.  Lol, the stop for perfection next this month will be $ 52k.  The perfect sprint to create a new history.

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February 15, 2021, 04:42:17 AM
 #59

After almost touching $50k yesterday, it is down today, currently $46.5k. But the good thing about this is that even if it drops to $40k or thereabouts, it can break $50 in a matter of a day. I don't think it's going to take long. You never know but the outlook looks very good.

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February 15, 2021, 05:32:21 AM
 #60

We have gone over $49,000 and looking at resistance just lower than $50k just like we saw
at 20, 25, 30, 35 & 40 etc. this is because traders set their sell orders just shy of key price points.

The speed of rise has slowed so also has the % of fall.
It looks like more people are buying than are selling and that the HODL trend is spreading.

The case now are is very different from before, there are more institutional investors who are  more engage now than those previous years. People who understand what investment works, this people are more into long term they are here now to help influencing more investors and traders to keep pushing the price.

After almost touching $50k yesterday, it is down today, currently $46.5k. But the good thing about this is that even if it drops to $40k or thereabouts, it can break $50 in a matter of a day. I don't think it's going to take long. You never know but the outlook looks very good.

With the volatile nature of this asset, anything can happen. We need to analyze and understand what are goals and how do we see our investment after certain period of time.

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February 15, 2021, 09:21:18 AM
 #61

Actually we did reached another all time high at $49,125.11, so close and yet so far to that $50k. But we shouldn't be worry, we will get to there when we least expected. Just like this weekends, usually this is a slow day for traders, but look at what happened, it sets a new all time high and inching closer to $50k. So definitely, it's plausible that next week or even before the end of the month this $50k will be broken.

That sounds right, Bitcoin will get there when we least expect, and that's not now... because many expect it to happen now! The price is down by 2.2% in the last 24h, and it's a question is it the beginning of correction or just a break before another rise!
I honestly don't know what should we expect, the market is crazy lately and I am going with the flow, I have buy/sell orders and I just wait, if it passes I make a decision from that point what to do next!

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February 16, 2021, 03:03:12 PM
 #62

The situation is quite nervous today. I don't know how you see it, but on my end ATH at level $49791 was reached two and a half hours ago.

To be honest, at first I thought we would jump over the $50k level fairly easily, but even now I'm not sure if we'll get it today.

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February 16, 2021, 03:35:42 PM
 #63

in fact, I've seen the bitcoin price hit that point a few times on preev.com. however, the price did not last long and fell in the $ 49000 range. however, I feel that the price will stabilize in the $ 50k range this week. Well, this is still speculation, but the current price is really close, and I'm pretty sure with that.

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February 16, 2021, 08:58:53 PM
 #64

in fact, I've seen the bitcoin price hit that point a few times on preev.com. however, the price did not last long and fell in the $ 49000 range. however, I feel that the price will stabilize in the $ 50k range this week. Well, this is still speculation, but the current price is really close, and I'm pretty sure with that.

I don't know what period you mean when it comes to stabilizing at $50k, but if it does, I don't think it will be more than 2 days.
It seems that $ 50k becomes some kind of psychological barrier more than financial. Therefore, I expect the price to go up and stay longer around $55k than below $50k when it is exceeded.

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February 16, 2021, 09:15:08 PM
 #65

From what I am observing, it was JPMorgan and other huge institutions that started to become very interested in Bitcoin. Let me just remind you that a few years ago JPMorgan officially called Bitcoin fraud. It seems that under the new circumstances, such institutions are setting the sail to go with the wind, and if not today, I'm sure that the Bitcoin price will explode within a few weeks. However, I am afraid that in the coming days there may be price manipulation and exceeding the $50k level will not be so easy.
Yes, I also replied the thread. I remember the thread that JPMorgan was against Bitcoin and said so many bad words about Bitcoin and now? He couldn't deny it. JPMorgan is a big influencer, and if he was very interested in Bitcoin now, this will be fresh for the crypto community. Many people will join and we will become stronger

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February 16, 2021, 10:08:03 PM
 #66

A few hours ago Bitcoin finally managed to hit the price of $ 50k, although now the price of Bitcoin has dropped back to a price of $ 48k. This is
a normal correction to occur, because some holders must take profit when the Bitcoin price reaches a price of $ 50k. I have been predicting since
January that in February the Bitcoin price might reach a price of $ 50k, and finally my prediction proved correct. Now it remains only to wait for
the next target Bitcoin will pass the $ 70k price in the next few months.

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February 16, 2021, 11:37:25 PM
 #67

A few hours ago Bitcoin finally managed to hit the price of $ 50k, although now the price of Bitcoin has dropped back to a price of $ 48k. This is
a normal correction to occur, because some holders must take profit when the Bitcoin price reaches a price of $ 50k. I have been predicting since
January that in February the Bitcoin price might reach a price of $ 50k, and finally my prediction proved correct. Now it remains only to wait for
the next target Bitcoin will pass the $ 70k price in the next few months.
So lets put some links attached to it.

JPMorgan and Morgan Stanley are eyeing bitcoin. Here are the big Wall Street names warming to cryptocurrencies
https://markets.businessinsider.com/currencies/news/bitcoin-investing-cryptocurrencies-wall-street-jpmorgan-morgan-stanley-blackrock-tesla-2021-2-1030083958

One of the things been said;
A JPMorgan co-president said he's sure banks will embrace bitcoin "at some point."


Expect for some moon soon.

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February 17, 2021, 10:22:12 AM
 #68

So the $50k threshold has been exceeded and the price continues to rise. Now the new ATH is $51554

A few hours ago Bitcoin finally managed to hit the price of $ 50k, although now the price of Bitcoin has dropped back to a price of $ 48k. This is
a normal correction to occur, because some holders must take profit when the Bitcoin price reaches a price of $ 50k. I have been predicting since
January that in February the Bitcoin price might reach a price of $ 50k, and finally my prediction proved correct. Now it remains only to wait for
the next target Bitcoin will pass the $ 70k price in the next few months.

If more giants join Tesla and invest in Bitcoin, we should see $100k in a few months, not just $70k.
Until there is confirmed information that other companies are also investing in Bitcoin, I think it will be hard to exceed $60k.

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February 18, 2021, 01:58:49 AM
 #69

A few hours ago Bitcoin finally managed to hit the price of $ 50k, although now the price of Bitcoin has dropped back to a price of $ 48k. This is
a normal correction to occur, because some holders must take profit when the Bitcoin price reaches a price of $ 50k. I have been predicting since
January that in February the Bitcoin price might reach a price of $ 50k, and finally my prediction proved correct. Now it remains only to wait for
the next target Bitcoin will pass the $ 70k price in the next few months.

We might even do it this week.

The price drops back to $48K after hitting the much-awaited price mark at $50K and right now it broke through $52K where it is now sitting. There is a lot of news about new investors and not just investors but known names to be specific. Saying that there is a huge chance that we will be hitting the price of Bitcoin at $60K and $70K.
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February 18, 2021, 09:01:55 AM
 #70


With this bullish run more investor will gain interest, this people will bring new money into this investment venue. Expect that more
value to rise up and continue to bring good compensation.

After breaking $50K another sets of expectation and speculation was been made, we ain't sure what might be the next level or
how high bitcoin will proceed, the matter now is what action is to take.

If you are sure of such a powerful uptrend, there is no doubt what to do! If you've bought Bitcoin with all your savings, now you can borrow and buy on! - OF COURSE, I `M JOKING! Also, I can see that the market is still bullish, but I'm not sure that at $60k, for example, there will be a big correction that will make panic sell. So I try to be careful.

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February 18, 2021, 10:09:38 AM
 #71

If more giants join Tesla and invest in Bitcoin, we should see $100k in a few months, not just $70k.
Until there is confirmed information that other companies are also investing in Bitcoin, I think it will be hard to exceed $60k.
Those giants going into bitcoin (and even apple is talked about going in, not sure if that is true) would really change the way bitcoin is seen, its really an incredible situation right now and I can't believe we are getting this much money from those giants into bitcoin. I remember very vividly the days when everyone was talking about how bitcoin was dying and how bitcoin was a "failed project" and so forth, looking at whats going on right now I can see that bitcoin is actually loved by everyone. But at the end of the day we are here where we are and everyone is happy about it.

If more and more big companies come in, not only we will go above 70k, we will not even stop at 100k, as long as they keep coming in, the price will keep going up, and we are going to reach to a place where the price will be insane and super high, we are going to really be doing insanely better in the future, 200k+ is definitely possible.

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Theones
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February 18, 2021, 10:55:58 AM
 #72

If more and more big companies come in, not only we will go above 70k, we will not even stop at 100k, as long as they keep coming in, the price will keep going up, and we are going to reach to a place where the price will be insane and super high, we are going to really be doing insanely better in the future, 200k+ is definitely possible.

I think just looking at big companies investing in Bitcoin is just a FOMO that will end sooner or later. In my opinion, it is much more important that large companies adopt Bitcoin as a form of payment. This will guarantee Bitcoin's price will rise over the years, not just reaching $100k

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February 18, 2021, 12:12:19 PM
 #73

If more and more big companies come in, not only we will go above 70k, we will not even stop at 100k, as long as they keep coming in, the price will keep going up, and we are going to reach to a place where the price will be insane and super high, we are going to really be doing insanely better in the future, 200k+ is definitely possible.

I think just looking at big companies investing in Bitcoin is just a FOMO that will end sooner or later. In my opinion, it is much more important that large companies adopt Bitcoin as a form of payment. This will guarantee Bitcoin's price will rise over the years, not just reaching $100k

Bitcoin price will rise over the years, in that I don't doubt! But this is a total surprise for me, reaching $50k and staying there for so long! It's like Bitcoin is unstoppable, what else to think about it! I expected so many times to drop down in the past months, but it just surprises me with a new ATH the next day!
What should we think? Are we going straight forward to $100k, with little correction of course... or to be ready for some dive!?

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Theones
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February 18, 2021, 12:41:46 PM
 #74

If more and more big companies come in, not only we will go above 70k, we will not even stop at 100k, as long as they keep coming in, the price will keep going up, and we are going to reach to a place where the price will be insane and super high, we are going to really be doing insanely better in the future, 200k+ is definitely possible.

I think just looking at big companies investing in Bitcoin is just a FOMO that will end sooner or later. In my opinion, it is much more important that large companies adopt Bitcoin as a form of payment. This will guarantee Bitcoin's price will rise over the years, not just reaching $100k

Bitcoin price will rise over the years, in that I don't doubt! But this is a total surprise for me, reaching $50k and staying there for so long! It's like Bitcoin is unstoppable, what else to think about it! I expected so many times to drop down in the past months, but it just surprises me with a new ATH the next day!
What should we think? Are we going straight forward to $100k, with little correction of course... or to be ready for some dive!?

I agree with everything you've written, but what's happening right now is only a temporary bubble. We all know that after reaching the peak ATH (no matter if it is $100k or $300k), the price will drop sharply and we will have a bear market again for several years. A stable adoption of Bitcoin as a form of payment would allow for steady growth over the years, and not crazy price spikes as is happening now.

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February 20, 2021, 06:18:30 AM
 #75


After breaking $50K another sets of expectation and speculation was been made, we ain't sure what might be the next level or
how high bitcoin will proceed, the matter now is what action is to take.

That's well said!

We have these sets of expectations to what will happen and of course, we have these sets of strategies and actions considered if that will happen. I hope that should be the idea that others will be expecting as we never know what will happen so we should really be ready. Still, we should consider more the part where it will rise because that would obviously happen .
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