Bit Coin hits 55,000 USD

[xcaret]

How about that ?? $55,000  up about $15,000 in around one months time .
I notice a dip in several stocks , could be that the wiser investors are now trading in BTC ?

I sold several ounces of gold ,to buy in a week ago.  I'm a happy guy .

[CryptocurencyKing]

With all this growth and i begin to ask myself if its really healthy or not. Growth is good but are there more to it that we don't understand yet and to what extent can it go in rooting us out! I would really need to know more about the worst case scenarios that can arise from this boost if any.
But then, its really amazing watching bitcoin hit these highs especially when you've got some bitcoin stalked somewhere. Its just you watching and counting the profits about your investments in cryptos.

[AliMan]

How about that ?? $55,000  up about $15,000 in around one months time .
I notice a dip in several stocks , could be that the wiser investors are now trading in BTC ?

I sold several ounces of gold ,to buy in a week ago.  I'm a happy guy .

Good for you mate, and what's happening these days is a good trend. We see more trading of bitcoin became uptrend, and basically that's the effect on several stocks because more holders now are starting to divert as hype gone trending. Moreover, news is now creating different speculations so it's like a magnet of opportunities.

[Baofeng]

How about that ?? $55,000  up about $15,000 in around one months time .
I notice a dip in several stocks , could be that the wiser investors are now trading in BTC ?

I sold several ounces of gold ,to buy in a week ago.  I'm a happy guy .

Everyone is happy to see bitcoin at $55k and going strong. I haven't check the stocks and it's correlation though. Gold is also in a dip right? We are in super fast rally starting last quarter of 2020 and continue up to this time so the future looks bring for bitcoin. Anyways, stocks or gold, or bitcoin?, still prepare crypto, yes, the risk is higher but if you have accumulated in the last 3 years, we are all happy guy seeing the price now. 

[Ultegra134]

Quite annoying, especially if you are interested in buying Bitcoin. I was looking at the price in the morning and it was at approximately $51.000, didn't have much time though so I checked now, without having bought any. Well, don't know how much I've regretted not buying in the morning. This price rally is astonishing. Surpassed $55.000 like it was no ordinary achievement.

[Leviathan.007]

Everyone happy today to see bitcoin price increasing even more except for people who sold bitcoins as 30-40K and they were waiting for a price correction to buy more bitcoin and enter the market again. Due to many positive news we hear about bitcoin and crypto I think there is currently no chance for bitcoin to fall because after breaking 50-55K there are is more positive atmosphere between investors and none is interested in selling bitcoin right now.

[Lorence.xD]

Isn't the dip in stocks a good thing because you can buy lower and wait for it to go up again and sell it for a big profit. I think that it is both a good news that stocks dip and bitcoin is rising at unprecedented heights. With more good news and rumors that there are more investors going to chip in in this market, I think that this is just the start of something big that we may not be able to imagine it yet, 100k might just be the middle point of everything that is going to happen in the future.

[xSkylarx]

$50,000 is a crucial support for bitcoin, they call it a psychological barrier. If the price goes below that then bitcoin could possibly reach $40k or even $30k range at worst. Bitcoin hass been rallying so fast since it break the 2017's ATH. And since Tesla announced their $1.5b worth of bitcoin purchase the price went really fast in just a month. If more companies like them adopt bitcoin we could see bitcoin's price $100k by the end of the year.

[UserU]

55.8K now, I can imagine a bunch of self-made millionaires now that managed to HODL from years ago.

On the other hand, my stocks have been down for a while now, but I ain't gonna sell them.

[Dave1]

Outdated, it's $57k now, that's how fast bitcoin price is right now, and it's just slicing and making all time highs like everyday now. Next target is $60k or even $70k before the end of this month. Truly amazing how this bull run is, super fast rally never seen before. So we are still in the target for $100k at the end of the year or even more.

[btc_angela]

$50,000 is a crucial support for bitcoin, they call it a psychological barrier. If the price goes below that then bitcoin could possibly reach $40k or even $30k range at worst. Bitcoin hass been rallying so fast since it break the 2017's ATH. And since Tesla announced their $1.5b worth of bitcoin purchase the price went really fast in just a month. If more companies like them adopt bitcoin we could see bitcoin's price $100k by the end of the year.

That's big psychological barrier of $50k has been broken many times already so it's now a support and not resistance. And no $30k-$40k dip, instead we are heading to $60k. Maybe there are companies that are silently investing on bitcoin right after the Tesla and Elon Musk announcement that's why the price is going so fast that we are not seeing any stop except if there is a bad news or lots of FUD from the mainstream media.

But so far so good for all of us, and the whole crypto market including alts are breaking all time high as well.

[cheezcarls]

I believe it will go to $60k next week. I can sense it coming! Despite that I am not a fan in predicting or speculating Bitcoin prices, it’s just in my own instincts since I am now starting to accumulate again despite the rise of BTC’s price. I even believe that it’s possible for BTC to reach $100k by the end of this year, or even earlier than that. $50k will be the new support level IMO.

[UserU]

Outdated, it's $57k now, that's how fast bitcoin price is right now, and it's just slicing and making all time highs like everyday now. Next target is $60k or even $70k before the end of this month. Truly amazing how this bull run is, super fast rally never seen before. So we are still in the target for $100k at the end of the year or even more.

Damn, the last time I checked it was still at 55.8K. This rocket sure has lots of fuel eh.

Those price goals that sounded like a long shot just over a year ago might realize very soon.

[androyster]

Outdated, it's $57k now, that's how fast bitcoin price is right now, and it's just slicing and making all time highs like everyday now. Next target is $60k or even $70k before the end of this month. Truly amazing how this bull run is, super fast rally never seen before. So we are still in the target for $100k at the end of the year or even more.

Damn, the last time I checked it was still at 55.8K. This rocket sure has lots of fuel eh.

Those price goals that sounded like a long shot just over a year ago might realize very soon.

57,268 at the time of this posting...

The average price estimate...the average I'm reading from many sources is.... $100k in 2021

and 250k within 5 yrs.

with lots of crashes in along that route.

https://www.youtube.com/watch?v=9zpv-5w1djA&feature=youtu.be&ab_channel=TraderUniversity

[fiulpro]

How about that ?? $55,000  up about $15,000 in around one months time .
I notice a dip in several stocks , could be that the wiser investors are now trading in BTC ?

I sold several ounces of gold ,to buy in a week ago.  I'm a happy guy .

I am thinking of investing after watching the market for 3-4 days because I do know that we might see some ups and downs in the future and I do want to invest for a long term but still have some security.
This is genuinely a very good news for the community and for all the investors , as we know that the institutional investors and the big companies are following Elon Musk.
Now you might think why I am waiting to invest:
I am actually going to look for any signs that these big investor and the whales are trying to you know Manipulate the market because at the end of the day it's a game for them.
I do think it will slowly rise to a big amount now !! I am extremely excited to see the growth and hope that in the future we can have much better governmental rules where they do not stop Bitcoins and other cryptocurrencies from prospering and they be freely allowed to use. If they want to use KYC it would be okay as long as there is no interference from the government.

[passwordnow]

It could be, as for investors, they're for the diversification and whichever they see is profitable for them, they'll come and go sacrificing the other investments just like the stocks if they think it's going to work for them.

57,268 at the time of this posting...

The average price estimate...the average I'm reading from many sources is.... $100k in 2021

and 250k within 5 yrs.

Those are the high price predictions that we've been hearing this early of this year. I also look forward for the end of this year or even if it's not the end of the year but to the price that it can take as high as $100k. It's no longer doubtful prediction because of what we see.

[Baofeng]

Outdated, it's $57k now, that's how fast bitcoin price is right now, and it's just slicing and making all time highs like everyday now. Next target is $60k or even $70k before the end of this month. Truly amazing how this bull run is, super fast rally never seen before. So we are still in the target for $100k at the end of the year or even more.

Damn, the last time I checked it was still at 55.8K. This rocket sure has lots of fuel eh.

Those price goals that sounded like a long shot just over a year ago might realize very soon.

The same had happened at the start of 2017, the only difference is that that time no one predicted $20k at the end of the year, more of the top price is $5k. But in this bull run, everyone is talking about $100k because of the big boost coming from companies and institutions. So just hold on to our precious BTC, going to be a long ride for us this year and we might see $100k.

[Saisher]

How about that ?? $55,000  up about $15,000 in around one months time .
I notice a dip in several stocks , could be that the wiser investors are now trading in BTC ?

I sold several ounces of gold ,to buy in a week ago.  I'm a happy guy .

Not only you those who invested earlier or have been here since the start are happy on what Bitcoin is achieving, people thinks that there will be a huge correction and dump, I'd like to think the other way around and I'd like to believe that this year Bitcoin will hit $100k so those experts who predict Bitcoin will hit over $100k are right.

[FlightyPouch]

I notice a dip in several stocks , could be that the wiser investors are now trading in BTC ?
I sold several ounces of gold ,to buy in a week ago.  I'm a happy guy .

Well, there might be a lot of investors that did the same as you did. With a lot of investors warming up to bitcoin and its price not stopping this amazing bull run, they wanted to get their hands on it. The fact that the price of some stocks is falling means that there are some that pull out their money into some assets and put it in bitcoin.

Some might be trading their asset for bitcoin.

[STT]

60k by end of month is expected continuation of this trajectory.   I'm just seeing a pullback now as we reassess some of the gains above the 12hr average, the price action is rapid so a pullback within that quite normal so far as I know.

We traded below 55k in that selloff but then adjusted back above and have gained above the weekly average roughly.   So far we are just above 50% of the peak and low of the day and near to 56k approaching the close of the daily bar and tomorrow we will see the weekly bar close which is usually a bit of an event.