iv4n
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Activity: 3178
Merit: 1175
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February 15, 2021, 09:21:18 AM |
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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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bitgov (OP)
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February 16, 2021, 03:03:12 PM |
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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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ancafe
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February 16, 2021, 03:35:42 PM |
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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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bitgov (OP)
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February 16, 2021, 08:58:53 PM |
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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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StreakW
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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February 16, 2021, 09:15:08 PM |
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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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Shasha80
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February 16, 2021, 10:08:03 PM |
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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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carlfebz2
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February 16, 2021, 11:37:25 PM |
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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 cryptocurrencieshttps://markets.businessinsider.com/currencies/news/bitcoin-investing-cryptocurrencies-wall-street-jpmorgan-morgan-stanley-blackrock-tesla-2021-2-1030083958One 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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bitgov (OP)
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February 17, 2021, 10:22:12 AM |
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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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Janation
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February 18, 2021, 01:58:49 AM |
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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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Theones
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February 18, 2021, 09:01:55 AM |
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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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justdimin
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February 18, 2021, 10:09:38 AM |
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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 |
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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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iv4n
Legendary
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Activity: 3178
Merit: 1175
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February 18, 2021, 12:12:19 PM |
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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 |
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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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Janation
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February 20, 2021, 06:18:30 AM |
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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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