Is $65,000 the peak of this bull market?

[Kong Hey Pakboy]

As far as we know it is the current peak of the market, we have no idea what happens in the future so that position is a temporary thing that we don't have to worry about because knowing the bitcoin market, we will probably see more ATH in the near future, all we can do is to prepare for it.

It is true that the price of $ 65k is the peak price for now, we can't predict the future. Therefore there is still a possibility that this year Bitcoin could
rise higher than the price of $ 65k, because Bitcoin movements are unpredictable. Actually we don't have to worry whether the price of $ 65k is
already the peak price or not, the most important thing is that we continue to collect as much Bitcoin as possible. So when Bitcoin manages to
go higher, the profit we generate is getting bigger. Therefore we really have to prepare everything before that happens, but even if Bitcoin fails
to climb higher, there's no need to panic. Because someday Bitcoin will definitely be able to rise above the price of $ 65k.

That's right, we still have 7 months left to see if 65k USD is the peak of bitcoin for this year and my only advice is to just sleep away and let all of this go by and we will be surprised that the prices have gone much higher when we least expect it from happening. @Mcobian is right, be prepared for what is going to happen in the future, it will be uncertain but you might want to bet on the fact that the prices will go much higher than 65k.

[maydna]

The marketing concept never changes at any time. as an investment player must know the concept, when there are many sellers and no one is interested in buying, automatically the market price will fall and we are a lot of buyers and BTC is not able to be available, then the market price will rise.

it will be like yesterday where BTC was at its maximum and there was less interest from buyers, so the price fell to $ 35k.

But don't forget that the news that release on the market can affect the market and push the price to the high or low price. I am sure many people are interested in buying and selling bitcoin, and the bitcoin will always be available. But sometimes, the whales or big institutions can hold the price not to increase or decrease to the price they want.

That is what happens to the bitcoin price now. We already saw the price reach $41k, but then the price is down and even now, the price reaches $36k-37k.

[Ararbermas]

As far as we know it is the current peak of the market, we have no idea what happens in the future so that position is a temporary thing that we don't have to worry about because knowing the bitcoin market, we will probably see more ATH in the near future, all we can do is to prepare for it.

bitcoin has a good technology and very promising than other cyrpto currency in the market wherein even it fell so many time it will always recover and makes all time high value.. In fact this situation is not the most worst  in bitcoin history if we will compare  this to some manipulation way back 2017.. So we don't need to act like a kid wherein in just a simple story telling we will believe.. Lol  too good to be true because bitcoin still stronger than before..

[judaspriest]

BTC still holding the $35,000 level. Although we cannot be certain, the technical indicators and Bitcoin psychological trends support the possibility that we will see a rally soon.
Hopefully, Bitcoin will see new all time highs.

Do you think $65,000 represents the peak of the current bull market?

yes I still believe $ 65k will be reached in the next few months, and I believe this is a bear trap that has been planned by whales,
because there are already many people who want $ 25k, of course this will make the market situation uncertain, so be wise in opening positions ,
if you already bought bitcoins when the dump happened at $ 30k then I guarantee you will win

[Fredomago]

BTC still holding the $35,000 level. Although we cannot be certain, the technical indicators and Bitcoin psychological trends support the possibility that we will see a rally soon.
Hopefully, Bitcoin will see new all time highs.

Do you think $65,000 represents the peak of the current bull market?

yes I still believe $ 65k will be reached in the next few months, and I believe this is a bear trap that has been planned by whales,
because there are already many people who want $ 25k, of course this will make the market situation uncertain, so be wise in opening positions ,
if you already bought bitcoins when the dump happened at $ 30k then I guarantee you will win

If you planned to hold for long term investment then it's for real, buying at that level gives you all the edge in terms of gaining profits.

You just need to continue working on it and not to fall in any bear trapped we might see more dump as the situation still uncertain, pressures from big bag holders are tough to assess.

They can pull the triggered and see more deep, be positive and look for the future benefits, it will help to continue trusting this asset.

[MCobian]

As far as we know it is the current peak of the market, we have no idea what happens in the future so that position is a temporary thing that we don't have to worry about because knowing the bitcoin market, we will probably see more ATH in the near future, all we can do is to prepare for it.

It is true that the price of $ 65k is the peak price for now, we can't predict the future. Therefore there is still a possibility that this year Bitcoin could
rise higher than the price of $ 65k, because Bitcoin movements are unpredictable. Actually we don't have to worry whether the price of $ 65k is
already the peak price or not, the most important thing is that we continue to collect as much Bitcoin as possible. So when Bitcoin manages to
go higher, the profit we generate is getting bigger. Therefore we really have to prepare everything before that happens, but even if Bitcoin fails
to climb higher, there's no need to panic. Because someday Bitcoin will definitely be able to rise above the price of $ 65k.

That's right, we still have 7 months left to see if 65k USD is the peak of bitcoin for this year and my only advice is to just sleep away and let all of this go by and we will be surprised that the prices have gone much higher when we least expect it from happening. @Mcobian is right, be prepared for what is going to happen in the future, it will be uncertain but you might want to bet on the fact that the prices will go much higher than 65k.

Thank you for having the same opinion as me, because most people are usually pessimistic about the current market conditions. Even though
there is still plenty of time for Bitcoin to recover to a price of $ 65k,  we should not think negatively about the price of Bitcoin that has not
recovered. Make the moment now to be able to buy more Bitcoin at a low price, it is possible that within a few months from now the Bitcoin price
could rise above $ 65k. If we believe in Bitcoin, I believe we will have a pleasant surprise.

[Marvelman]

I believe the next peak of bitcoin in 2021 will be higher and I predict a steep rise towards the 100k USD area where there will be at least 5 more peaks which have not been seen.
And from now, it's going to be a good idea to save your bitcoins and even buy from it at a lower price than current BTC prices (but don't over do it).

[Farma]

I believe the next peak of bitcoin in 2021 will be higher and I predict a steep rise towards the 100k USD area where there will be at least 5 more peaks which have not been seen.
And from now, it's going to be a good idea to save your bitcoins and even buy from it at a lower price than current BTC prices (but don't over do it).

well, I also think that the bitcoin price could hit the price of $ 100k this year. Well, even though when the price hits the price of $ 65k, the price of bitcoin goes down and is in the range it is at the current price, but I believe there will be a next bull market that will bring bitcoin prices to reach the price of $ 100k.

[bengsabeng]

Yes, $ 65k is the peak of the bull market of the current period. we are currently on our way to the bottom, and no one knows how deep the price of bitcoin will fall in the current bear market period. pray that the bitcoin price doesn't fall too deep 

[wxa7115]

Just wait for few years and Bitcoin will enter another "growing cycle". This year you wont see any significant growth anymore. Everyone are now in accumulative stage. Dont worry much if you have bought Bitcoin way more expensive than it is now. Just check drops in 2016 and 2018 and recovery in 2017 and 2020. Hold, relax, or trade if you know how to do it right.

It is still not a sure thing that this cycle is over, we have seen in many occasions that the bull market suffers a heavy correction and then a few months later it goes up again, to me this seems like the most likely scenario as I find unlikely we could remain as close as we did to the ATH for weeks when this is not a common behavior we have seen in previous bull runs.

This tells me that was not the ATH and this was an attempt by the whales to get rid of the weak hands, and they were incredibly successful, while at the same time getting cheap coins in the process.

[greenslope]

$65k for a bull, it must a rare breed ! but cheap, just 1 btc , if it's really a superb bull !

[freedomgo]

Yes, $ 65k is the peak of the bull market of the current period. we are currently on our way to the bottom, and no one knows how deep the price of bitcoin will fall in the current bear market period. pray that the bitcoin price doesn't fall too deep 

I would pray it will fall so the weak hands will panic and gives more opportunity to buy at the dip. it should not be new to us, we have seen this many times, and bullish can't just last for a long period of time, we are lucky to still see a good price now but I have a feeling soon it will really dip and might even all below $20k which was the ATH before this bull run.

I may look bearish now, but that's me, that's what I see in the current situation, we can't blame people for panicking when their favorite star (Elon) slowly fading his interest in bitcoin.

[greenslope]

Yes, $ 65k is the peak of the bull market of the current period. we are currently on our way to the bottom, and no one knows how deep the price of bitcoin will fall in the current bear market period. pray that the bitcoin price doesn't fall too deep  

I would pray it will fall so the weak hands will panic and gives more opportunity to buy at the dip. it should not be new to us, we have seen this many times, and bullish can't just last for a long period of time, we are lucky to still see a good price now but I have a feeling soon it will really dip and might even all below $20k which was the ATH before this bull run.

I may look bearish now, but that's me, that's what I see in the current situation, we can't blame people for panicking when their favorite star (Elon) slowly fading his interest in bitcoin.

an ev car dealer trying to shake you from your coins? will it work? when was it a good time to depart from btc to buy a tesla, and more exactly how long was the trade working? the ev lose value fast, in all market conditions...

[LUCKMCFLY]

There are very strong reasons to think that BTC will not stay here in its last ATH, according to analyst WOO he has high hopes, he even speaks that BTC the bullish trend is still beginning, that this is nothing compared to what it was in 2017:

In the grand scheme of things these strong market is just an indication of the high market valuation it could reach but that does not mean that we will see these higher valuation particularly in this rally. I am bullish in Bitcoin as well in the long run and i wont be surprised if we already saw the all time high valuation for this rally but i would like to see one last rally before the major correction.

Yes, you are right, what happens is that the conglomerate when the BTC is falling tend to get carried away by emotions, and this causes many to sell, it is what we commonly call the weak hands. But analysts like Woo, like PlanB with its S2F model have much more experience in short, medium and long term analysis. In my personal experience it has always identified me to follow the S2F prediction, I have read a lot about the model and I have the full conviction that it will be fulfilled, not only because it predicts that BTC will reach $ 100k or $ 288k, but it is not an indicator or tool Because the model has expiration, only the fact of having expiration means that it has a technical and fundamental basis with a lot of acceptance, since important world events cannot be predicted. This implies that at any time the BTC market we can see a big bullish jump, you just have to be patient.

[slaman29]

For now, this is considered the peak since we don't know how high will it go. Remember that back in 2018, they also thought the same thing but 3 years later, we haven't touched that prices for about 5 months now.

Yeah and the years before that too all thoughts and predictions were blown out of the water. The last time anyone saw price below 1000 was in early 2017. Also four years now.

The thing also to say is 288k is very much in the play. Everyone is worried now but we shouldn't be, we're still way in profit now if you look at it from any angle.

[jaberwock]

BTC still holding the $35,000 level. Although we cannot be certain, the technical indicators and Bitcoin psychological trends support the possibility that we will see a rally soon.
Hopefully, Bitcoin will see new all time highs.

Do you think $65,000 represents the peak of the current bull market?

By the looks of it we have to accept that the bull run is done for now and the peak was that level, this doesn't mean that we will never go up, it just means that we would have to separate the next bull run and the last bull run into two that's it. Like let's say from October to early may it was a huge and very long bull run right? That's a bull run, now we are done, and if we ever go up, which I think will happen soon enough, we have to call that another bull run, not the same bull run going on.

It means that we can call the peak of this bull market at 64k and do not have to calculate anything else. However I am not worried, I am 100% certain that one day I will see 640k bitcoin and not just 64 because I know that things are looking great for the future of bitcoin. The more terrible fiat gets the better it is for bitcoin and the fiat world just sucks sooo bad.

[decodx]

I am not worried, I am 100% certain that one day I will see 640k bitcoin and not just 64 because I know that things are looking great for the future of bitcoin.

Is that a typo or do you really think so?

[magneto]

I do think so. There are people who seem to think that 6 digits is still possible in this current bull run, but I personally think that is unlikely to happen.

6 digits is almost guaranteed in the long run, especially after the next halving. I think that the long term fundamentals have not changed, if  not improved.

However, this current bull market has clearly ran out of steam and the weak hands need to be flushed out before further gains can be made. The rate of growth of the crypto market was simply unsustainable. Musk's voice has also died down quite a bit.

[slaman29]

I do think so. There are people who seem to think that 6 digits is still possible in this current bull run, but I personally think that is unlikely to happen.

6 digits is almost guaranteed in the long run, especially after the next halving. I think that the long term fundamentals have not changed, if  not improved.

However, this current bull market has clearly ran out of steam and the weak hands need to be flushed out before further gains can be made. The rate of growth of the crypto market was simply unsustainable. Musk's voice has also died down quite a bit.

Me neither. And I'm not just saying this out of deflated opinion, I didn't see it at all even during the big rally over 20k. In the long run for sure, but that's next halving maybe so many more years from now. It's still too "expensive" for now and a lot of problems in India and China (that's a third of the world population) for it to be worth that much.

[ultrloa]

I do think so. There are people who seem to think that 6 digits is still possible in this current bull run, but I personally think that is unlikely to happen.

6 digits is almost guaranteed in the long run, especially after the next halving. I think that the long term fundamentals have not changed, if  not improved.

However, this current bull market has clearly ran out of steam and the weak hands need to be flushed out before further gains can be made. The rate of growth of the crypto market was simply unsustainable. Musk's voice has also died down quite a bit.

Me neither. And I'm not just saying this out of deflated opinion, I didn't see it at all even during the big rally over 20k. In the long run for sure, but that's next halving maybe so many more years from now. It's still too "expensive" for now and a lot of problems in India and China (that's a third of the world population) for it to be worth that much.

Lets forget about the problem in China since they actually if majority of people will just stake with bitcoins and doesn't care about their issues well provably we can see bitcoin climb up again but since the market is struggling and the movement seems unsure maybe we cannot see the price reach unto the ATH price again but I hope I'm wrong since I'm still hoping to see the price reached at 6 digits in figures.