Bitcoin price has reached new high price near 59K

[willywilly]

Bitcoin Steady Near $59K; Gains in Altcoins Push Crypto Market Cap to $2T

"As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year."

While Bitcoin price hits the high price of 59K but with a drop of dominance gradually, investors are putting money not only to Bitcoin but also to the altcoins markets.

https://i.imgur.com/MhDrH2T.png

Image Souce: MyTradingInfo

[willywilly]

Bitcoin Steady Near $59K; Gains in Altcoins Push Crypto Market Cap to $2T

"As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year."

While Bitcoin price hits the high price of 59K but with a drop of dominance gradually, investors are putting money not only to Bitcoin but also to the altcoins markets.

https://i.imgur.com/MhDrH2T.png

Image Souce: MyTradingInfo

News: https://www.coindesk.com/market-wrap-bitcoin-steady-near-59k-while-gains-in-altcoins-pushed-crypto-market-cap-to-2t

[sunsilk]

Just edit your first post and include that link that you have posted on your 2nd post.

Bitcoin isn't near $59k because it just did go to $59k and going around from $58k-$59k. Yeah, it's stable somehow this time but we'll not know how long it will be stable there.

[masphie]

yes of course, but not all investor doing that. For investors who are already fanatical with bitcoin, chances are he will stick with bitcoin no matter what happens with altcoins.

[Leviathan.007]

The price was doing a complex movements during the last a few days and this stability of the bitcoin price will give the investors a great change for investing on altcoins. However, many people including myself are still holding bitcoins and not interested to selling it also waiting for the corrections and market discounts to buy bitcoins at cheaper price levels.

[electronicash]

that seems to be what is happening that's why we see altcoins coming up the ranks. altcoins dominance increasing BNB is about 2.30.

BTT is up within the top 20, it's happening quickly like there are no signals provided, it's like only the holders had ridden this pump and now it's $0.01. it looks very easy to gain this token actually but yep there are tons of volume right now.

[Banprox]

Bitcoin Steady Near $59K; Gains in Altcoins Push Crypto Market Cap to $2T

"As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year."

While Bitcoin price hits the high price of 59K but with a drop of dominance gradually, investors are putting money not only to Bitcoin but also to the altcoins markets.



Image Souce: MyTradingInfo

In the past few years i see that when bitcoin price is increasing then most of the Altcoins price also start increasing. I think this is not happening for investing in Altcoins by investor. This happened because every investors are holding their coins when bitcoin price start rising.

[yazher]

Bitcoin already crossed it's own highest maximum record and binance coin already broken its own previous record and build already new high record. Today Bitcoin broke it's 59000 price record and binance already crossed$498 .

It will only take some hours before it crossed 60K and when that happened, the price will gonna continue to increase again for another ATH. so guys take it as a sign to hodl your BTC or for those who has fewer bitcoins in their wallet and they still have waiting for their old altcoins to get to the moon, they better think twice because like I said before the of Bitcoin nowadays will not be the same as last year's. it may not back again at this rate because they speculated it too reached 100k this year. so you guys need to ponder and think about what's good going to happen in the next upcoming days.

[cryptomaniac_xxx]

It is still trading sideways, or as other will say, this is a period of consolidation. It did hit $59k but it seems that there is a huge selling pressure so it goes down to $58k++. As for the altcoins, yeah, it is continuing it's rally while bitcoin is on the sideways. But the again, investors are going to shift again, once they see that bitcoin is about to make a break out run. Doesn't matter if the dominance goes down to 57%. Still the price is looking strong.

[bandungan]

prediction many people estimate this year bitcoin can touch $ 70k, this can not be believed but if you look at the current price of bitcoin touching the price of $ 59k and can be stable I think it will be easy for bitcoin to fly higher. I believe that the market conditions are getting better

[wsxqaz123]

The state of the virtual currency market this year is very good，I believe Bitcoin may reach $80k，I believe Coinlist will bring a better start on April 14th.

[fauzan123]

Bitcoin Steady Near $59K; Gains in Altcoins Push Crypto Market Cap to $2T

"As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year."

While Bitcoin price hits the high price of 59K but with a drop of dominance gradually, investors are putting money not only to Bitcoin but also to the altcoins markets.



Image Souce: MyTradingInfo

Bitcoin has more than doubled in value over the last month, and risen over 30% in 2021 so far. It is now more than 400% higher than it was a year ago, according to Bitstamp, causing critics to question the rally's sustainability.

The rally has been driven by the huge amounts of money being pumped into economies by governments and central banks amid the coronavirus crisis.

[Kelvinid]

Together they move high, Bitcoin and Altcoins. Bitcoin dominance isn't strong this time as many investors trying to catch some good times in altcoins pumps and take advantage of it but we can never see a huge impact on Bitcoin instead, it keeps rolling high as close to $60k. This is likely to see that investors now are not only focusing on altcoins but they also make share with Bitcoin.

50/50 market share drives the market to move not in a sideways but having them all moving high together. This gonna be the bullish season that we are waiting for and as we can see, those coins that have been dead for many years are also kicking and alive.

[Darkelf11]

The bitcoin now is going to be stable within the range of the 56k to 59 and of course, there's a well it will sooner come to the next target which is the 60k than 70k and so on but the whales are the one who has a chance to remove those hopes if they are going to put a red market again. I didn't see any sign of a bullish market for the upcoming months so good to hold for the bitcoin just my cents.

[Mamun74]

Bitcoin Steady Near $59K; Gains in Altcoins Push Crypto Market Cap to $2T

"As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year."

While Bitcoin price hits the high price of 59K but with a drop of dominance gradually, investors are putting money not only to Bitcoin but also to the altcoins markets.



Image Souce: MyTradingInfo

Bitcoin Already steady near 57-59k.I think every investor don’t need mone now.They wait to reach their goals. Somehow bitcoin reached 100k this year and It will be stabled.

[yohananaomi]

prediction many people estimate this year bitcoin can touch $ 70k, this can not be believed but if you look at the current price of bitcoin touching the price of $ 59k and can be stable I think it will be easy for bitcoin to fly higher. I believe that the market conditions are getting better

all not only predict that they can touch $ 70K, many even predict that it will be more than that, even somewhat fantastic. because it is estimated that when you look at the first and second halving experiences, bitcoin ATH will occur at the end of the year.
then it could be that if it happens at the end of the year, the price of bitcoin can be very high. Now, with a long time, it can touch a fairly high price.
so we are waiting for the development step by step first, let bitcoin penetrate $ 60K and so on.

[Gozie51]

"As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year."

The dominance level of the market is important to watch at. If bitcoin is still high in price and dominance is reducing, it may be a good sign of what can happen. The whales could be taking out money to invest in altcoins. And the price is no longer very strong at above $59k because it drops to $58 as fast as possible. We can say maybe with the altcoin move, maybe the price may take a little more correction.

[Dave1]

Bitcoin Steady Near $59K; Gains in Altcoins Push Crypto Market Cap to $2T

It's now down to $57k, and obviously market close is also down to $1.97T

"As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year."

It is a now pegged at 55%.

While Bitcoin price hits the high price of 59K but with a drop of dominance gradually, investors are putting money not only to Bitcoin but also to the altcoins markets.

Investors are putting money on altcoins because they know that they can profit in a very short period. Just look at how they pump XRP, BTT and other alts. But once they sold and get the profits resulting to a altcoin dump, they will go to BTC again.

[arufox]

prediction many people estimate this year bitcoin can touch $ 70k, this can not be believed but if you look at the current price of bitcoin touching the price of $ 59k and can be stable I think it will be easy for bitcoin to fly higher. I believe that the market conditions are getting better

Really only $70K, where you see this prediction, I see a lot of people predict that bitcoin can reach 100K even more. If only $70K is so easy for bitcoin, maybe will reach it 2-3 months later. I mean let's talk about the future, Bitcoin is so good for investment, so only need time before can reach $70K, $100K even more

[masphie]

Really only $70K, where you see this prediction, I see a lot of people predict that bitcoin can reach 100K even more. If only $70K is so easy for bitcoin, maybe will reach it 2-3 months later. I mean let's talk about the future, Bitcoin is so good for investment, so only need time before can reach $70K, $100K even more

i hope so....
2 months ago i say to my friends about bitcoin price in this year. And my predict, bitcoin top price will be come in July. After that, bitcoin will be sideway until november or end 2021.