Bitcoin Forum
May 29, 2024, 06:53:21 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 »  All
  Print  
Author Topic: Hello 50000$...  (Read 359 times)
elisabetheva
Full Member
***
Offline Offline

Activity: 1708
Merit: 105



View Profile
February 16, 2021, 09:01:59 AM
 #21

I think all crypto market participants are hopeful that bitcoin will cross the $ 50,000 mark. 50000 $ is an impressive number and is an important milestone for Bitcoin, if it can surpass the price of 50000 $ it will certainly quickly increase in price to 60000 $.
Bitcoin behavior is just like you said, at certain times to pass through a crucial price it is always blocked and has to stop several times, even as if it takes a long time but if this number has been missed then it can simultaneously reach unexpected numbers.

$ 50K has been in sight several times and stayed past but seemed unable to, but when the momentum to pass $ 50K has been obtained, then it is possible that bitcoin will immediately pass a few moments later it will pass $ 60K.
we will wait for the momentum to start to gain bitcoin, be patient for this.
palle11
Sr. Member
****
Offline Offline

Activity: 2324
Merit: 332


View Profile
February 16, 2021, 10:29:51 AM
 #22

unfortunately the price of bitcoin is currently starting to collapse and in my opinion the bull run is over and it's time to return to low prices, but my statement is not always true because bitcoin price movements will go up and down depending on the interaction between buyers and sellers at the exchange, so it must be stay alert to bitcoin price movements and don't make the wrong decision.

I think the bull is not stopping yet because more institutional buyers are coming into the market. I just checked price of bitcoin and now at $49,148 , this means $50,000 is just about the corner. The Chinese new year couldn't draw price down, so what do you expect? It is going up daily while some expect a drop. The altcoins too are in good move, etheruem is about $1,8++. This is a great time for hodlers who had faith.
davis196
Hero Member
*****
Offline Offline

Activity: 2982
Merit: 915



View Profile
February 16, 2021, 12:14:41 PM
 #23

Behold guys as we are approaching another milestone in bitcoin history. 50000$ !!! I mean common man, cheer up if you have some bitcoins, cheer up more if you are planning to buy some.
Bitcoin shows if you are truly built for people, no one can stop you.
Finally we are on the moon entire expanding universe is before us.!!

I don't believe that the Bitcoin price will face enough support at 50K,so staying at this level will be temporary.
I think that there might be a price crash back to 30K,before the price goes up to 50K USD.
The crypto whales might create some panic and force many small and medium traders to sell their BTC.
The ones who resist the panic selling will reap the benefits of a 50K USD Bitcoin price.
If we see corporations like Apple buying more BTC in the next few months,then we might be heading towards 60-70K USD.


Reid
Hero Member
*****
Offline Offline

Activity: 2898
Merit: 642


View Profile
February 16, 2021, 01:07:54 PM
 #24

I am waiting for the people who buried their flash drives saving bitcoin in them.  Grin
I found one thread before. Like way back 2018-19. Somehow, I don't see him yet making a thread or maybe he did and I just didn't notice it.
If I remember correctly it was 2 Bitcoin which he kept.
Now he got $100k in just 2-3 years.
Hoping he still remembers where he buried it.  Grin
DarkDays
Legendary
*
Offline Offline

Activity: 2030
Merit: 1189


View Profile
February 16, 2021, 01:16:49 PM
 #25

"Hip! Hip! Hurray!" to those who held their bitcoins till now but I think there are hardly any who did that because every range higher was crucial to scare any hodler to make them sell their coins to the buyers that come under 'institutional' category. Anyway let us wait and welcome for the very awaited price of btc and celebrate it with our family once it crosses over it.
Yeah, that's true many might have already been scared off but there are a few who remained in the market and now have had a nice surprise. I must say though, one surprise that didn't last or very long but at least the trend is looking good and we know that once it reached it, it will be easier to jump over to the new ATH  Grin
Porfirii
Legendary
*
Offline Offline

Activity: 1806
Merit: 2116


The Alliance Of Bitcointalk Translators - ENG>SPA


View Profile
February 16, 2021, 01:25:31 PM
 #26

OK, now that we have officially crossed the 50000$ ATH, where are we heading? It seems that the rejection is going to be short, we are over 49,6K again (what a beautiful dip to buy, btw).

Lol! I never heard before about people burying their hard wallets. I hope the soil is dry, at least... 2 BTC are a little fortune right now, what a profitable "fruit tree" he "planted" Shocked

Congratulations for this milestone people. We are all on this boat together.

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
hulla
Hero Member
*****
Offline Offline

Activity: 1820
Merit: 566



View Profile
February 16, 2021, 02:55:14 PM
 #27

OK, now that we have officially crossed the 50000$ ATH, where are we heading? It seems that the rejection is going to be short, we are over 49,6K again (what a beautiful dip to buy, btw).
Some people prediction is that we are heading $77,000 while some asid $110,000 which I believe those price to be ridiculous and shouldn't be expected this early cause some market corrections will happen to strengthen the market which is the reason why the market experience slightly dump in price after reaching $50,000 price range.
Having said that, the market won't exceed $48K-$55K price range this month.


.
.Duelbits.
            ▄████▄▄
          ▄█████████▄
        ▄█████████████▄
     ▄██████████████████▄
   ▄████▄▄▄█████████▄▄▄███▄
 ▄████▐▀▄▄▀▌████▐▀▄▄▀▌██

 ██████▀▀▀▀███████▀▀▀▀█████

▐████████████■▄▄▄■██████████▀
▐██████████████████████████▀
██████████████████████████▀
▀███████████████████████▀
  ▀███████████████████▀
    ▀███████████████▀
▄▀▄
█   █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█▀▀▀▀▀█
▀█▀█▀
█▄█
█▄█
▄▀▄
█   █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█▀▀▀▀▀█
▀█▀█▀
█▄█
█▄█
.
         ▄ ▄▄▀▀▀▀▄▄
         ▄▀▀▄      █
         █   ▀▄     █
       ▄█▄     ▀▄   █
      ▄▀ ▀▄      ▀█▀
    ▄▀     ▀█▄▄▄▀▀ ▀
  ▄▀  ▄▀  ▄▀
 ▀▄    ▄▀▀
Live Games

   ▄▄▀▀▀▀▀▀▀▄▄
 ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄
▄▀ █ ▄  █  ▄ █ ▀▄
█ █   ▀   ▀   █ █  ▄▄▄
█ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █   █
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█  █▄█
█ ▀▀█  ▀▀█  ▀▀█ █  █▄█
█  █    █    █  █  █ █
Slots
.
        ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄
        █         ▄▄  █
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄       █
█  ▄▄         █       █
█             █       █
█   ▄▀▀▄▀▀▄   █       █
█   ▀▄   ▄▀   █       █
█     ▀▄▀     █   ▀▀  █
Blackjack
.
▄▄▀█████▀▄▄
▄▀▀   █████ ▄▄▀▀▄
███▄  ▄█████▄▀▀▄███
██████▀▀     ▀▀██████
█ ▀▀██▀ ▀▄   ▄▀ ▀██▀▀ █
█    █    ███    █    █
█ ▄▄██▄ ▄▀   ▀▄ ▄██▄▄ █
██████▄▄     ▄▄██████
Roulette
.
█▀▀▀▄             ▄▀▀▀█
█ ▀▄ ▀▄         ▄▀ ▄▀ █
▀▄ ▀▄ ▀▄     ▄▀ ▄▀ ▄▀
▀▄ ▀▄ ▀▄  ▀ ▄▀ ▄▀
▀▄ ▀▄ ▀▄ ▀ ▄▀
▄ ▀▄ ▀▄ ▀▄  ▄
█ ▀▄ ▀▄ ▀  ▄▀ █
▄▀▄ ▀▄ ▀ ▄▀ ▄▀▄
Dice Duels
justdimin
Hero Member
*****
Offline Offline

Activity: 3024
Merit: 670


www.Crypto.Games: Multiple coins, multiple games


View Profile
February 16, 2021, 03:34:02 PM
 #28

Only thing that makes me stay sane right now is that I am still a lot deep into crypto and making money every day but I am really holding myself barely and want to just get out as much as I can however I am too scared to do that right now fearing I will miss out on another increase or so.

I am not really rich or anything, all the money in my crypto doesn't make anything that would change anything in my entire life, it is really tiny amount honestly when you look at life (maybe 3 months worth of salary at best) but I feel like I want to get out and wait for it to drop again, and go back in after that, it sounds a lot more reasonable if I could do that. However I am too scared that it may just continue to go up without stopping for months and months, I do not know if it will ever drop, or at least when it would do that.

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
mersal
Member
**
Offline Offline

Activity: 1204
Merit: 38


View Profile
February 16, 2021, 04:29:30 PM
 #29

Behold guys as we are approaching another milestone in bitcoin history. 50000$ !!! I mean common man, cheer up if you have some bitcoins, cheer up more if you are planning to buy some.
Bitcoin shows if you are truly built for people, no one can stop you.
Finally we are on the moon entire expanding universe is before us.!!
Finally, bitcoin reached 50K as well on Feb 16, which should be a remarkable day in the crypto history because no one ever thought that bitcoin will reach 50K from nowhere in just 12 years after its creation also reached top 10 in the total market cap of the world.Holders are enjoying the profits while the panic sellers should be regretting now because who thought that bitcoin will end in 2020 itself with the dump reaching $3000.
ancafe
Hero Member
*****
Offline Offline

Activity: 1638
Merit: 694



View Profile
February 16, 2021, 04:54:08 PM
 #30

I am waiting for the people who buried their flash drives saving bitcoin in them.  Grin
I found one thread before. Like way back 2018-19. Somehow, I don't see him yet making a thread or maybe he did and I just didn't notice it.
If I remember correctly it was 2 Bitcoin which he kept.
Now he got $100k in just 2-3 years.
Hoping he still remembers where he buried it.  Grin
yes, I've read things like this in 2017. Some people have even thrown away their private keys, and when the price of the bitcoin/coins they hold goes up really high, they'll be looking for them again.

however, the current situation leaves people confused as to whether they will pretend not to see the current price and wait for the $ 100k price tag, or to find and sell the assets they own. however, I still believe very high prices can be reached at this time. although the price of bitcoin has hit the price of $ 50k several times, but for now, it looks like bitcoin price needs to try again. however, the people who still hold their bitcoins at this point already have a big advantage.

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
Furious 7
Hero Member
*****
Offline Offline

Activity: 2870
Merit: 666


https://duelbits.com/


View Profile
February 16, 2021, 04:54:32 PM
 #31

Behold guys as we are approaching another milestone in bitcoin history. 50000$ !!! I mean common man, cheer up if you have some bitcoins, cheer up more if you are planning to buy some.
Bitcoin shows if you are truly built for people, no one can stop you.
Finally we are on the moon entire expanding universe is before us.!!
Finally, bitcoin reached 50K as well on Feb 16, which should be a remarkable day in the crypto history because no one ever thought that bitcoin will reach 50K from nowhere in just 12 years after its creation also reached top 10 in the total market cap of the world.Holders are enjoying the profits while the panic sellers should be regretting now because who thought that bitcoin will end in 2020 itself with the dump reaching $3000.
$50,341 top marks this year which is impressive in my opinion where crypto flies high.
Previously, I thought that bitcoin would not be easy to achieve this, but in crypto there is nothing that is impossible if it has become a trend.
I like to imagine me where the price of bitcoin ever hit its lowest point of $ 3000 as what you said by holding until now maybe we would have become millionaires if the holder was long.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄
███░░░░███░░░░███
░░░░░░░░░░░░░
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░░░░███▄█░░░
░░██▌░░███░▀░░██▌
█░██░░███░░░██
█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀
.
REGIONAL
SPONSOR
███▀██▀███▀█▀▀▀▀██▀▀▀██
██░▀░██░█░███░▀██░███▄█
█▄███▄██▄████▄████▄▄▄██
██▀ ▀███▀▀░▀██▀▀▀██████
███▄███░▄▀██████▀█▀█▀▀█
████▀▀██▄▀█████▄█▀███▄█
███▄▄▄████████▄█▄▀█████
███▀▀▀████████████▄▀███
███▄░▄█▀▀▀██████▀▀▀▄███
███████▄██▄▌████▀▀█████
▀██▄█████▄█▄▄▄██▄████▀
▀▀██████████▄▄███▀▀
▀▀▀▀█▀▀▀▀
.
EUROPEAN
BETTING
PARTNER
slaman29
Legendary
*
Offline Offline

Activity: 2660
Merit: 1217


Livecasino, 20% cashback, no fuss payouts.


View Profile
February 16, 2021, 05:07:10 PM
 #32

Behold guys as we are approaching another milestone in bitcoin history. 50000$ !!! I mean common man, cheer up if you have some bitcoins, cheer up more if you are planning to buy some.
I am looking forward to see the milestones and cheer on the price as i am holding some coins and i am looking to book my profit as well and i might be selling everything i hold and wait for the correction but no way i am going to enter the market when the price is hovering around $50,000. People who like to risk might enter at this stage but i am not taking much risk and investing anything further

Almost almost there but not quite yet for so long. Literally I saw on Coindesk the ATH is 49950, it's as if the guys are just pretending to be shy like with a fantastic girl on a first date;) and then now boom!

I think this is just a matter of time of course but it's more interesting to see what happens after 50k. Big psychological milestone!

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
JooBra
Full Member
***
Offline Offline

Activity: 1204
Merit: 162


View Profile
February 16, 2021, 06:45:38 PM
 #33

Behold guys as we are approaching another milestone in bitcoin history. 50000$ !!! I mean common man, cheer up if you have some bitcoins, cheer up more if you are planning to buy some.
I am looking forward to see the milestones and cheer on the price as i am holding some coins and i am looking to book my profit as well and i might be selling everything i hold and wait for the correction but no way i am going to enter the market when the price is hovering around $50,000. People who like to risk might enter at this stage but i am not taking much risk and investing anything further

Almost almost there but not quite yet for so long. Literally I saw on Coindesk the ATH is 49950, it's as if the guys are just pretending to be shy like with a fantastic girl on a first date;) and then now boom!

I think this is just a matter of time of course but it's more interesting to see what happens after 50k. Big psychological milestone!
It hit 50k on Binance and it's nice milestone but it doesn't mean much in general. Price will go up with institutions buying more and more. I think this is just a start and 6digits BTC is coming.
kpik
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
February 16, 2021, 08:16:03 PM
 #34

What do you think of tonight? Some TA? We will resist 48k and continue growing or would crash lower tan 48-47k?
stomachgrowls
Hero Member
*****
Online Online

Activity: 2870
Merit: 773



View Profile
February 16, 2021, 08:37:45 PM
 #35

OK, now that we have officially crossed the 50000$ ATH, where are we heading? It seems that the rejection is going to be short, we are over 49,6K again (what a beautiful dip to buy, btw).

Lol! I never heard before about people burying their hard wallets. I hope the soil is dry, at least... 2 BTC are a little fortune right now, what a profitable "fruit tree" he "planted" Shocked

Congratulations for this milestone people. We are all on this boat together.


Good thing here is that bitcoin did really able to hold up after having that rejection after reaching out that level which this is just the same when we are trying to breach out 30k level

where it didnt really dump or correct that hard and later on we did able to reach higher price later on.For now we cant still determine on when we would see neither 55k or 60k.

This isnt bad to consider on buying out in 48k because i do have some hunch that breakout would be coming soon.For those who can take risk then buying now would be
ideal.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
Baofeng
Legendary
*
Offline Offline

Activity: 2604
Merit: 1666



View Profile
February 16, 2021, 09:51:48 PM
 #36

And... it's gone....

However, it's good to see that big mental barrier of $50k has been broken, and I think this is just the beginning as I have said before. It's going to be interesting how this year will go through, $60k-$100k might be surpassed in the future. And definitely, this bull run will not end just because $50k is broken, but simply we have established that anything can happen and that the price. Sure re-tracement will happen, but we are going to push for new all time highs.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?.
..PLAY NOW..
RealMalatesta
Legendary
*
Offline Offline

Activity: 2338
Merit: 1124



View Profile
February 17, 2021, 05:05:20 PM
 #37

What do you think of tonight? Some TA? We will resist 48k and continue growing or would crash lower tan 48-47k?
Unsure if you are a day trader because really now we have reached new heights and whether it is $45k or $55k by tomorrow we shouldn't care too much and what matters now the most is the acceptance of BTC in as many places and stores like Tesla have agreed to accept payment for their cars in BTC but there have been news from others that they won't follow the move by Tesla which is still concerning.

Talking of acceptance I think our gambling industry played the most vital role in making crypto currency as popular as it is now because although it might have promoted some illegal gambling but it helped Bitcoin get more recognized.
ChrisPop
Legendary
*
Offline Offline

Activity: 2310
Merit: 1033

Not your Keys, Not your Bitcoins


View Profile
February 17, 2021, 05:22:34 PM
 #38

And... it's gone....

However, it's good to see that big mental barrier of $50k has been broken, and I think this is just the beginning as I have said before. It's going to be interesting how this year will go through, $60k-$100k might be surpassed in the future. And definitely, this bull run will not end just because $50k is broken, but simply we have established that anything can happen and that the price. Sure re-tracement will happen, but we are going to push for new all time highs.

$50,000 could transform in a very strong support if Bitcoin can keep above the level for a while. People need to get familiar with these price points although the ones who are driving this market up are institutional investors who likely have much more experience. However psychology still applies for them. We are all humans (I think lol) so we are all susceptible to emotions. The difference is some of us learn to control them and some of us not.
Baofeng
Legendary
*
Offline Offline

Activity: 2604
Merit: 1666



View Profile
February 17, 2021, 07:30:42 PM
 #39

And... it's gone....

However, it's good to see that big mental barrier of $50k has been broken, and I think this is just the beginning as I have said before. It's going to be interesting how this year will go through, $60k-$100k might be surpassed in the future. And definitely, this bull run will not end just because $50k is broken, but simply we have established that anything can happen and that the price. Sure re-tracement will happen, but we are going to push for new all time highs.

$50,000 could transform in a very strong support if Bitcoin can keep above the level for a while. People need to get familiar with these price points although the ones who are driving this market up are institutional investors who likely have much more experience. However psychology still applies for them. We are all humans (I think lol) so we are all susceptible to emotions. The difference is some of us learn to control them and some of us not.

Agree, and now that the barrier has been breach again, the resistance is now the strong support for bitcoin as we have surpassed it again and moves forward to $51k. Yes, psychology will still a big part for this institutions and big companies, but I doubt that they will simply dump at $50k. They are more experience and more are in the line for them, and dumping would just hurt their investments. Most likely if they are going to dump are at least make money, it could be in the $100k or more price. Some learn through experience (specially those like me who entered in 2017), but there could be beginners who will likely go on a cycle (boom and bust) to get that mental toughness.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?.
..PLAY NOW..
Ridwan Fauzi
Full Member
***
Offline Offline

Activity: 1330
Merit: 147


View Profile
February 17, 2021, 09:37:48 PM
 #40

There are a lot of factor which can make bitcoin increase and increase also in the good market sentiment. At least we have been one year in the good sentiment market and has made bitcoin price doubled from its previous all time high $20.000. Yeah, we should be grateful to see that especially for the loyal bitcoin hodlers, we have seen bitcoin price fall below $ 3500 and now we are seeing bitcoin over $ 50,000.

Mass adoption is coming, a lot of countries have decided to accept bitcoin as their payment system or even as their investment place. This is will continue and there will be many companies who will follow to accept and using bitcoin. It means, I don't think there will be a huge correction, we will not see bitcoin fall below $20.000 anyomore.
Pages: « 1 [2] 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!