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Author Topic: BTC HIT $50000🎯  (Read 711 times)
Twentyonepaylots
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February 16, 2021, 09:59:59 PM
 #21

Funny how a few days ago JP morgan is yet again throwinf shade at bitcoin, calling it names and such, but as soon as bitcoin hits new pricepoints they start wagging their tails, I assure you that thee guys wil use bitcoin to take over the market once again so always keep an eye out, we knew how awfully bad the banking system was, we must rise above it and declare bitcoins and cryptocurrency as the future of money.
Short term goal is $55k to me this month. However, the price didn't seem to hold at the $50k mark at we have seen some liquidations immediately after it was hit. Nevertheless, it's already an accomplished for us and sooner or later we are going to surpassed it again but this time the price are going to stick out and will become the support level.
I don't see this rally ever stopping now at this point, a lot of people made predictions regarding bitcoin's price but none are yet to be right since they all believe bitcoin will drop at some point during this rally, let's just hope for the best and perhaps hold strong if we don't really need the money
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February 17, 2021, 12:16:09 AM
 #22

In the big Time Frame, bitcoin prices are still in an uptrend, I'm sure the price will hit a new ATH in the next few weeks or months.
But there should be a correction because for several weeks bitcoin has risen quite high, but after the correction it should have touched the 60k usd or 70k usd area.
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February 17, 2021, 12:43:18 AM
 #23

In the big Time Frame, bitcoin prices are still in an uptrend, I'm sure the price will hit a new ATH in the next few weeks or months.
But there should be a correction because for several weeks bitcoin has risen quite high, but after the correction it should have touched the 60k usd or 70k usd area.

We can't compare bitcoin's super fast rally though, this is unchartered territory for us, so the pattern is very new. Yes, correction should occur technically, but I doubt that we will see a huge crash as others have predicted or would have wanted to happen.

$60k-$70k is doable even this month, although the price dip after he hit $50k, it's moving upward again and we might surpassed it again today and then continue to $52k-$56k.

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February 17, 2021, 01:11:44 AM
 #24

So if the wall street journal is so positive and correct, then it can only be good. If the 50k won't be broken soon, then it's only a matter of time. Excerpt from the article that indicates where to buy:

What to know before investing in bitcoin

There are a number of well-regulated, credible exchanges, like Coinbase in the U.S., BitFlyer in Japan, and Kraken in Europe, where investors can buy bitcoin. Signing up for an account is straightforward, though you will be required to provide proof of identity.

More mainstream services are allowing bitcoin-trading as well. Square Inc.’s Cash App, Robinhood and PayPal all now allow users to buy or sell bitcoin directly inside their accounts.

If you want to maintain some level of anonymity, an attractive if controversial feature of bitcoin is that there are also unregulated exchanges. Moreover, you can download bitcoin’s operating software directly. Or you can download free and for-sale software and hardware for a digital wallet and store bitcoins directly. But be warned, these require a certain level of technical skill. You could then go to a platform like Local Bitcoins that connects buyers directly.


Source: https://www.wsj.com/articles/bitcoin-what-to-know-before-investing-11613498045

Bitcoin to Come to America’s Oldest Bank, BNY Mellon
https://www.wsj.com/articles/bitcoin-to-come-to-america-s-oldest-bank-bny-mellon-11613044810

Bitcoin Trades Above $50,000 for First Time
https://www.wsj.com/articles/bitcoin-trades-above-50-000-for-first-time-11613479752

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February 17, 2021, 02:44:51 AM
 #25

Its like me when celebrating New Year.
When it reaches 12 Midnight, me and all of us in our family are happy but minutes later we will be back to normal.

What I'm trying to say is yes we've reached $50,000 and you are happy with it right but minutes after reaching it, you will be back to your normal self and your excitement will fade away. I don't if that is the nature of the people in general. One thing more is that it didn't stayed for a long time on that price range as traders got liquidated on that price pushing the price go back below $50,000.

$50,000 is expected already to be reached and knowing that there are some news coming up, institutions involved in crypto and other good news 6-digit price "might" be reached this year Smiley.

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February 17, 2021, 03:05:12 AM
 #26

Its like me when celebrating New Year.
When it reaches 12 Midnight, me and all of us in our family are happy but minutes later we will be back to normal.

What I'm trying to say is yes we've reached $50,000 and you are happy with it right but minutes after reaching it, you will be back to your normal self and your excitement will fade away. I don't if that is the nature of the people in general. One thing more is that it didn't stayed for a long time on that price range as traders got liquidated on that price pushing the price go back below $50,000.

$50,000 is expected already to be reached and knowing that there are some news coming up, institutions involved in crypto and other good news 6-digit price "might" be reached this year Smiley.
Good points. It is also like celebration of new year to me. Always good things come with surprise and it was a long expected expectation to see such price from Bitcoin. Indeed we are going to see another big pump soon 🔜. More good news are coming hopefully with like a revolution of cryptocurrency.

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February 17, 2021, 03:07:51 AM
 #27

It is possible. Bitcoin won't stop with this ATH alone. Though, the market has been corrected this past week as it is difficult to break through the profit-taking defense at $ 49k. But in the end, it was resolved and why, if Strategy continues to hand over $ 600 million in bitcoin as a promise then bitcoin still has no reason to stop the race at this value. I assume that $ 56k by the end of this February.
https://www.newsbreak.com/news/2164740619522/microstrategy-aims-to-raise-600-million-in-order-to-buy-more-bitcoin

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February 17, 2021, 04:21:59 AM
 #28

Its like me when celebrating New Year.
When it reaches 12 Midnight, me and all of us in our family are happy but minutes later we will be back to normal.

What I'm trying to say is yes we've reached $50,000 and you are happy with it right but minutes after reaching it, you will be back to your normal self and your excitement will fade away. I don't if that is the nature of the people in general. One thing more is that it didn't stayed for a long time on that price range as traders got liquidated on that price pushing the price go back below $50,000.

$50,000 is expected already to be reached and knowing that there are some news coming up, institutions involved in crypto and other good news 6-digit price "might" be reached this year Smiley.
Good points. It is also like celebration of new year to me. Always good things come with surprise and it was a long expected expectation to see such price from Bitcoin. Indeed we are going to see another big pump soon 🔜. More good news are coming hopefully with like a revolution of cryptocurrency.

Bitcoon surprasses us in the following days by reaching its most numbers of high times. Bitcoinis oneof the best coin nowadays. Many people becomeinterested to it because of some big news each and everyday. This recent news about bitcoinhitting the 50000$is one of the best and most big deal news in crypto people. Just like you, I think there are more exciting and unbelievable news coming about bitcoin. And as this bitcoin progress continue, I told to myself that I willbe more work hard in order to take a ride together with it for me to earn good and positively.
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February 17, 2021, 04:37:34 AM
 #29

Wow, another achievement unlocked which indicates that BTC hits another ATH today. $50000 is a huge now and it is already visible and breaks all the previous history. The great day is my cryptocurrency life which will be remembered and the thread will work as a reminder.

Are we going to see another ATH soon or the day will be remembered?
Looks like so much happy and celebrating , meaning you are holding much funds that you come to profit after reaching 50,000$.but after this what's the plan ? are we continuing to see a uptrend or this will start the down fall.
we are all in the more speculative days since december as Bitcoin not stopping making up and up from days/weeks after weeks.
In the big Time Frame, bitcoin prices are still in an uptrend, I'm sure the price will hit a new ATH in the next few weeks or months.
But there should be a correction because for several weeks bitcoin has risen quite high, but after the correction it should have touched the 60k usd or 70k usd area.
I've seen in WO thread that actually it is $60,000 is the main target this year and up this means we are still waiting for another 10,000 before making decisions and this will surely change the movement of market when it reached.

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February 17, 2021, 04:45:14 AM
 #30

Wow, another achievement unlocked which indicates that BTC hits another ATH today. $50000 is a huge now and it is already visible and breaks all the previous history. The great day is my cryptocurrency life which will be remembered and the thread will work as a reminder.

Are we going to see another ATH soon or the day will be remembered?
Looks like so much happy and celebrating , meaning you are holding much funds that you come to profit after reaching 50,000$.but after this what's the plan ? are we continuing to see a uptrend or this will start the down fall.
we are all in the more speculative days since december as Bitcoin not stopping making up and up from days/weeks after weeks.
In the big Time Frame, bitcoin prices are still in an uptrend, I'm sure the price will hit a new ATH in the next few weeks or months.
But there should be a correction because for several weeks bitcoin has risen quite high, but after the correction it should have touched the 60k usd or 70k usd area.
I've seen in WO thread that actually it is $60,000 is the main target this year and up this means we are still waiting for another 10,000 before making decisions and this will surely change the movement of market when it reached.
It's always a good thing to see the uptrend market where Bitcoin is the number one of all and the most demamdable one. You are right, it's the long waited celebration for me and I am not gonna sell my funds and happy till now and it's pretty to see my wallet few days later whenever the price is up and the value of my amount is also up accordingly. Happy moment at all Cheesy

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February 17, 2021, 04:55:41 AM
 #31

Bitcoin hit new all time highs $50k last night. I can't explain my thoughts in words but I need to say I'm grateful to experience such achievement. Those are used stop loss having a good profit, BTC deserves more but before that might some correction. Bitcoin is the future and here it's simply starting. Is it true that we will see another ATH soon? Totally agree BTC can outperform to new ATH.

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February 17, 2021, 05:12:25 AM
 #32

Finally, the bitcoin price can touch $50k yesterday, although the price now back to the lower price, but I am sure the price will have more chances to break and stay on up to $50k. We will see the other new ATH this year, which can make people and us out there amazing, and that can make them find out how bitcoin can increase so high. It will attract more big companies to invest in bitcoin, giving supports to bitcoin to grow more than now. This year, bitcoin can get more popular because people will see bitcoin as a new way to make money. The high price of bitcoin will be remembered, making people miss the chance to buy bitcoin at a low price.

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February 17, 2021, 05:18:26 AM
 #33

I've seen in WO thread that actually it is $60,000 is the main target this year and up this means we are still waiting for another 10,000 before making decisions and this will surely change the movement of market when it reached.

The options market believes that 100K is a very distant possibility and very few of the traders are betting at that level. Most of them believe that by the end of this year, the maximum upturn that Bitcoin may get is around 60K-70K. However, I am a bit more optimistic. Given the supply crunch in the market right now, a single trigger (which may come from one of the giant corporations) may take Bitcoin beyond the 100K level.

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Reply with quote  +Merit  #2
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February 17, 2021, 06:37:17 AM
 #34

I've seen in WO thread that actually it is $60,000 is the main target this year and up this means we are still waiting for another 10,000 before making decisions and this will surely change the movement of market when it reached.

The options market believes that 100K is a very distant possibility and very few of the traders are betting at that level. Most of them believe that by the end of this year, the maximum upturn that Bitcoin may get is around 60K-70K. However, I am a bit more optimistic. Given the supply crunch in the market right now, a single trigger (which may come from one of the giant corporations) may take Bitcoin beyond the 100K level.

And $100k is not that far though, it will just be x2 so that is doable, and thing is that we have like 10 more months to accomplish and see it hitting 6 figure mark so that is really achievable. And as others have said, this is already an achievement, just one major milestone that we really need to see with our eyes and then we want more.

And yes, bitcoin won't simply stop just because we hit that whole margin, on the contrary the next stop will be $60k. As I believed more companies are going to join the wave of new investors.
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February 17, 2021, 07:28:05 AM
 #35

This price was expected after the Tesla involvement with Bitcoin and the announcement of $1.5 billion purchace by this corporation. Bitcoin was at a waiting point above $30k and it is still bullish at the current price. I can't say this will end soon.

What I can certainly say is that it will keep rising in parabolic ways and at a point it will reach a price that will be unsustainable, perhaps at 80k or 100k or maybe a little higher, and then there will be an 80% correction as usual. As far as I am concerned for the current cycle Bitcoin has reached a great ATH price but the support in terms of turning bearish is way lower right now.
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February 17, 2021, 07:44:16 AM
 #36

Wow, another achievement unlocked which indicates that BTC hits another ATH today. $50000 is a huge now and it is already visible and breaks all the previous history. The great day is my cryptocurrency life which will be remembered and the thread will work as a reminder.
Are we going to see another ATH soon or the day will be remembered?
It is hard to stop Bitcoin if it begins to add thousands to its price. If Bitcoin passed 50k (yes it did) we can wait for 54k-56k levels to soon be reached. Currently, Bitcoin is walking around $51k, any time it can add this to the pocket.

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February 17, 2021, 07:56:24 AM
 #37

Wow, another achievement unlocked which indicates that BTC hits another ATH today. $50000 is a huge now and it is already visible and breaks all the previous history. The great day is my cryptocurrency life which will be remembered and the thread will work as a reminder.
Are we going to see another ATH soon or the day will be remembered?
It is hard to stop Bitcoin if it begins to add thousands to its price. If Bitcoin passed 50k (yes it did) we can wait for 54k-56k levels to soon be reached. Currently, Bitcoin is walking around $51k, any time it can add this to the pocket.

An hour back or so only it has crossed 50k and now it is almost at 51k. The speed at which it is growing is just tremendous. If it can hold above 50k then the rise could be good reaching till 53-54k in short time only. But first major huddle will be to sustain above 50k for few days. Seeing it above 50k in start of 2021 means good journey ahead.

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February 17, 2021, 09:02:09 AM
 #38

Wow, another achievement unlocked which indicates that BTC hits another ATH today. $50000 is a huge now and it is already visible and breaks all the previous history. The great day is my cryptocurrency life which will be remembered and the thread will work as a reminder.

Are we going to see another ATH soon or the day will be remembered?
$50k is thing of past. Now BTC hit $51k. This is not going to stop now. We will see new high every second day.
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February 17, 2021, 09:08:45 AM
 #39

Yup, 51K already.

It seems to be related to the news that Microstrategy is planning to buy $600M more. Do you agree?

Congratulations, btw, it is a pleasure to wake up in the morning to check a new ATH every day!!

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February 17, 2021, 09:28:12 AM
 #40

Wow, another achievement unlocked which indicates that BTC hits another ATH today. $50000 is a huge now and it is already visible and breaks all the previous history. The great day is my cryptocurrency life which will be remembered and the thread will work as a reminder.

Are we going to see another ATH soon or the day will be remembered?

Something interesting: according to crypto trader and market analyst Kaleo, which predicts that Bitcoin will reach $ 250,000 by July, in addition to being a bullish for several altcoins.

According to its rankings, Bitcoin is underway to trade sideways for several weeks before making an exponential rise to $ 250,000 by mid-summer. BTCBTCBTC
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