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Author Topic: Bitcoin price has reached new high price near 59K  (Read 342 times)
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April 07, 2021, 03:26:54 AM
 #21

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.

Things are very different now with this investment asset, Bitcoin can proceed and bring more until the end of this year and experienced more positive if more institutional investors to come.

We can't conclude or we can't trace the accuracy of each prediction, we can onlu assume based from how we see the potential of this asset.

Self assessment and observation to your maximize profits.

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April 07, 2021, 08:29:35 AM
 #22

Bitcoin price has reached new high price near 59K

Huh High price near $59k? What are you talking about?

It was $61782 at Stamp over 3 weeks ago. It was $60103 as recently as last Thursday.
_____

Sigh. Bring back Noob Jail.
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April 07, 2021, 09:42:30 AM
 #23

Unfortunately, the bitcoin price now is at the $57k level, so we need to wait for more.
Bitcoin price already reach a new high at $61k and as usual, the price makes a correction many times, and this time, the correction comes too deep.
I still believe that bitcoin can back to the high price and reach more than $60k but we need to be patient.
I guess that the price is stable at a price now or we can say the price is still at more than $50k, but there is a chance for bitcoin to go down deeper.
We need to prepare if the price is down faster and reach the lower price, but that can be our best time to buy more bitcoin.

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April 07, 2021, 11:07:28 AM
 #24

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

in this data are included many shitcoins and shady exchanges, if we made a very careful selection I think that this number would be lower

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

this is something expected, people are investing money in the new fashion: before it was ICO, then IEO now DEFI and there is another one that I can't remember

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.

well what can we pray and that at least people know how to put money on altcoins that are not just obscure projects and then come to regret

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

true, that’s why people should put money that they know they won’t need it for years

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April 07, 2021, 11:21:21 AM
 #25

Unfortunately, the bitcoin price now is at the $57k level, so we need to wait for more.
Another correction and it's to those who wanted to make an entry, very possible that it will bounce again and reach for more.

Quote
Bitcoin price already reach a new high at $61k and as usual, the price makes a correction many times, and this time, the correction comes too deep.
With what you have said the chance of seeing Bitcoin to pumped for more would bring interest to more possible investors.

Quote
I still believe that bitcoin can back to the high price and reach more than $60k but we need to be patient.
No doubt! Bitcoin always surprises all investors, end of this year might be doubled in value if this market movement continue being positive.

Quote
I guess that the price is stable at a price now or we can say the price is still at more than $50k, but there is a chance for bitcoin to go down deeper.
No one can tell the accuracy, all are into speculation depend from how you understand the market flow.

Quote
We need to prepare if the price is down faster and reach the lower price, but that can be our best time to buy more bitcoin.

Buy while still cheap and never to look back as it's possible to go deeper, keep holding and enjoy the future success.
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April 07, 2021, 12:17:23 PM
 #26

Unfortunately, the bitcoin price now is at the $57k level, so we need to wait for more.
Bitcoin price already reach a new high at $61k and as usual, the price makes a correction many times, and this time, the correction comes too deep.
I still believe that bitcoin can back to the high price and reach more than $60k but we need to be patient.
I guess that the price is stable at a price now or we can say the price is still at more than $50k, but there is a chance for bitcoin to go down deeper.
We need to prepare if the price is down faster and reach the lower price, but that can be our best time to buy more bitcoin.

Yeah, everything in this market could possibly happen starting from dipping beyond $50k to reaching a new ATH, no one can exactly tell what is gonna happen all we can do is to make our own speculations. Anyway, I believed we already reach $59k a couple of times and even reach $61k last month but now we are back at $57k and it is quite stable for now. Once we break the resistance we will definitely set a new ATH so keep accumulation and holding for the meantime because our patience will be paid off eventually.



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April 07, 2021, 01:25:56 PM
 #27

And wheee, we're at mid week, Wednesday hump, and we're alreach almost touching 55k. Can already smell the scalpers baying for blood, probably going to see some people letting go now "just in case" and giving the big bad wolves a nice buy in to scalp again when the weekend inevitable brings us back to within touching distance of 60.

Wonder how they'll explain this in the evening news...

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April 09, 2021, 07:08:34 AM
 #28

Unfortunately, the bitcoin price now is at the $57k level, so we need to wait for more.
Another correction and it's to those who wanted to make an entry, very possible that it will bounce again and reach for more.

Quote
Bitcoin price already reach a new high at $61k and as usual, the price makes a correction many times, and this time, the correction comes too deep.
With what you have said the chance of seeing Bitcoin to pumped for more would bring interest to more possible investors.

Quote
I still believe that bitcoin can back to the high price and reach more than $60k but we need to be patient.
No doubt! Bitcoin always surprises all investors, end of this year might be doubled in value if this market movement continue being positive.

Quote
I guess that the price is stable at a price now or we can say the price is still at more than $50k, but there is a chance for bitcoin to go down deeper.
No one can tell the accuracy, all are into speculation depend from how you understand the market flow.

Quote
We need to prepare if the price is down faster and reach the lower price, but that can be our best time to buy more bitcoin.

Buy while still cheap and never to look back as it's possible to go deeper, keep holding and enjoy the future success.
The correction will give us a chance to buy at a low price so we have a chance to sell when the price bounce to the high price.
That is happening not just in bitcoin but also in altcoin, especially for the altcoin that can increase higher.
If you can not analyze the market and know when you can buy, you will not have a chance to buy low and sell high.
But for bitcoin, even if you buy at the current price and the price is down and you do not buy back when the price is down, you still have a chance to sell at the next high price because bitcoin will be back to the high price.
So do not miss that chance when bitcoin can start the rally.

Unfortunately, the bitcoin price now is at the $57k level, so we need to wait for more.
Bitcoin price already reach a new high at $61k and as usual, the price makes a correction many times, and this time, the correction comes too deep.
I still believe that bitcoin can back to the high price and reach more than $60k but we need to be patient.
I guess that the price is stable at a price now or we can say the price is still at more than $50k, but there is a chance for bitcoin to go down deeper.
We need to prepare if the price is down faster and reach the lower price, but that can be our best time to buy more bitcoin.

Yeah, everything in this market could possibly happen starting from dipping beyond $50k to reaching a new ATH, no one can exactly tell what is gonna happen all we can do is to make our own speculations. Anyway, I believed we already reach $59k a couple of times and even reach $61k last month but now we are back at $57k and it is quite stable for now. Once we break the resistance we will definitely set a new ATH so keep accumulation and holding for the meantime because our patience will be paid off eventually.
We will see $59k again, and the bitcoin price slowly recovers price and will go to $59k.
But it seems we need to wait for more because after we touch $58k, the price back to the $57k level, and that means our waiting time will be long unless there is a pump that comes to the market.
Maybe you can leave the market for a while because I think the price will be like this for this day.
But do not forget to place an order, buy or sell if you want to do something while leaving the market.

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April 09, 2021, 10:10:54 AM
 #29

Went down again to $57k and then up again to $58k, in full swing this past 24 hours. So no $60k in the horizon and again this could be considered as another period of accumulation for us guys. As the trend for March has chance, and seems to be have a ripple effect on April. Because if we are going to look at January and February, in around this time in both months, bitcoin has been rallying. Not bad though that we are seeing a sideway pattern for April as early as first week. Maybe we can see a different trend start of the second.
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April 09, 2021, 12:23:11 PM
 #30

Apparently bitcoin can give a bullish surprise, it is to be expected since many expect it to reach $ 100k, it is likely that in the short term it will be difficult, but in this article they talk about it:


Quote
Almost 54 percent of traders are sure that Bitcoin (BTC) will be worth between $50,000 and $100,000. Thus, about three out of four Currency.com customers expect the continuation of the ongoing Bitcoin (BTC) rally.
Source: https://u.today/currencycom-traders-moderately-optimistic-about-bitcoin-in-2021-survey

Already in the currency.com survey they have stated that there are millionaires, the sample population of respondents is 1,572 users at the end of March 2021. I think that $59k at any time can go over $60k so these inquiries have been made.

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April 09, 2021, 01:05:55 PM
 #31

There are more interesting altcoins lately. The DeFi trend has hit the market quite hard. We have seen a surge of support among the likes of Uniswap (UNI), 1Inch (1INCH), Avalanche (AVAX), PancakeSwap (CAKE), SushiSwap (SUSHI), even Waves (WAVES), and many other altcoin projects. This must have helped increase the overall cryptocurrency market cap. But still the growing money entering cryptocurrency is largely focused on Bitcoin. A 55% dominance is still very high in a 2-trillion USD market cap.
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April 09, 2021, 03:07:53 PM
 #32

Yeah and I thought it was reached the $60k amount, but it is almost and considering that is a new ATH.

I would rather see altcoins growing and Bitcoin having a lower dominance rate if it means that people are having fun with the market and still able to sustain.  The question is, up until when would Bitcoin be stable? 
This is a golden question we had to get answers to (unfortunately, impossible because of the volatility of the market) we know that there's no infinite growth of Bitcoin price and it could be now and then it will dump, as in dump like what happened right after the previous ATH, it was drastically down. 

And the good thing today is, during the alt season, stable coins can be used in order to keep stay the same.  I would actually suggest people go to stable coins during the season if they are a short-term holder, just to make sure the consistency.

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April 09, 2021, 03:20:37 PM
 #33

it's stable somehow this time but we'll not know how long it will be stable there.
But, we can easily assume as per the past similar occurrence that whenever bitcoin prices are trading within a price range, it is going to launch upper side in very near future; this is kind of peace before a storm. In other words, bitcoin is simply gaining power for another big bull run; if it breaks $65k this time then it can easily test $80k.

still the growing money entering cryptocurrency is largely focused on Bitcoin. A 55% dominance is still very high in a 2-trillion USD market cap.
Honestly I'm expecting bitcoin dominance to be hitting as low as 40% in coming years because it is a kind of calculation one against many so obviously bitcoin dominance will go down in coming years still I believe bitcoin value will be testing one million dollar as well at the same time.

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April 09, 2021, 06:14:24 PM
 #34

still the growing money entering cryptocurrency is largely focused on Bitcoin. A 55% dominance is still very high in a 2-trillion USD market cap.
Honestly I'm expecting bitcoin dominance to be hitting as low as 40% in coming years because it is a kind of calculation one against many so obviously bitcoin dominance will go down in coming years still I believe bitcoin value will be testing one million dollar as well at the same time.
Bitcoin dominance has always been high, even at times when other coins broke over their ATH prices, bitcoin managed to hold off 50%+ because when other coins increased Bitcoin increased as well. This is why I think it is obvious we should not be looking into bitcoin dominance dropping as low as 40%. I am not saying that will not happen, it could very well happen, this is crypto world anything could happen, we could see ethereum reaching 10k+ prices as well, and that would alone drop bitcoin dominance a lot all by itself let alone all the other crypto going 5x as well.

However we should not make our investments with that hope, we should not be shocked if it happens but we should not be expecting it neither, we should just consider all the possible options. This is why I think it is quite important we do not make investments based on something that rarely ever happens.

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April 12, 2021, 12:34:18 AM
 #35

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.
It is going to be interesting what happens from now on, the consolidation phase has lasted very long and we may be headed for a double top if true then a decrease in the price seems like a strong possibility, however even if this seems like it is what the charts indicates every single indicator that we see may seem to point out to the fact that whales are accumulating even more bitcoin and they are doing so in a way that does not rise the price, so we will have to see what ends up happening during the next days.
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April 12, 2021, 05:22:04 AM
 #36

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

Indeed it's now starting to set in place with altcoins, but we can't really see it for those dead project that has been ignored by developers. Most of them was only having trading with less valuable volumes, and that's what makes it more worst for now. I still don't lose hope but rather, pushing towards every goals for my altcoins holding to become successful same with bitcoin's journey.
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April 12, 2021, 08:11:01 PM
 #37

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

Indeed it's now starting to set in place with altcoins, but we can't really see it for those dead project that has been ignored by developers. Most of them was only having trading with less valuable volumes, and that's what makes it more worst for now. I still don't lose hope but rather, pushing towards every goals for my altcoins holding to become successful same with bitcoin's journey.
Well i also hold some altcoin that is now ignored by its developer and it is really sad to say that i lose money on it. But i did not lose hope on altcoin, because i see that there are some altcoin that is now rising and maybe altcoin season is already starting, so even if i lose some altcoin i will still hold some good altcoin for good.

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April 13, 2021, 05:01:15 AM
 #38

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.
what you say may or may not be true, if we look at the past halving, both the first and second periods occurred at the end of the year after that, at that time in November 2013 and December 2017.

then with the third halving in 2020, it is certain that it will reach ATH at the end of 2021 but it cannot be predicted in what month. but this indicates that the increase in bitcoink if it does occur at the end of the year will certainly be of extraordinary value. we are waiting for this to happen or not.
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April 13, 2021, 11:20:54 AM
 #39

if we look at the past halving, both the first and second periods occurred at the end of the year after that, at that time in November 2013 and December 2017.

then with the third halving in 2020, it is certain that it will reach ATH at the end of 2021 but it cannot be predicted in what month. but this indicates that the increase in bitcoink if it does occur at the end of the year will certainly be of extraordinary value. we are waiting for this to happen or not.
Yeah, we cannot predict exactly the time frame of occurrence of ATH but as per past bull cycles, we may assume 3rd quarter of this year is having good chance to have the new ATH. When the help of timeframe and price levels, most people are trying to make use of ATH to short their stash so that they may buy back to multiply the number of bitcoin holding. I wished to do the same in 2017 but due to fear of loss, I did not touch my bitcoins and simply continued my holding.

But this time I may take some calculated risk by selling some 5% of bitcoin holding to buy back when prices crashes at least 50% (usually bitcoin prices do crash 70% from ATH), so that I will add some extra bitcoin into my stash. But I will not touch my bitcoins if prices are above $100k by end of this year.

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April 13, 2021, 10:34:50 PM
 #40

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.
what you say may or may not be true, if we look at the past halving, both the first and second periods occurred at the end of the year after that, at that time in November 2013 and December 2017.

then with the third halving in 2020, it is certain that it will reach ATH at the end of 2021 but it cannot be predicted in what month. but this indicates that the increase in bitcoink if it does occur at the end of the year will certainly be of extraordinary value. we are waiting for this to happen or not.

Of course, no one can predict the exact month, but you have to remember that we are gauging all time high not in months but the whole cycle year. That's why we have indicators like year-to-year, so we might have to look at the end price this year. And just like previous cycles bull run, it usually December that we saw a big growth, just like year alone, we surpasses and created a higher high for 2020, and then this year, it will be all time high again.

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