What have changed in BTC price

[CryptocurencyKing]

The question in everyone's lips now is, if the bitcoin bullrun is back because, it surely looks like it. At the moment, the price has risen to $39.5k and it isn't done yet. That's the best part of it all. Something hodlers have been looking forward to though, so long as ots still far below the ATH which numbers around $60k, I'm still hodling and would continue to hodl.
It's going to feel really sad for those who sold too for various reasons related to the fud being passed around, from Tesla to China attack on miners. Its all coming to an end now but the harvest isn't ripe yet. Hodling remains the way to go and most importantly, still buy if you can and your ready to hodl. Its not too late for an investment.

[nelson4lov]

The question in everyone's lips now is, if the bitcoin bullrun is back because, it surely looks like it. At the moment, the price has risen to $39.5k and it isn't done yet. That's the best part of it all. Something hodlers have been looking forward to though, so long as ots still far below the ATH which numbers around $60k, I'm still hodling and would continue to hodl.
It's going to feel really sad for those who sold too for various reasons related to the fud being passed around, from Tesla to China attack on miners. Its all coming to an end now but the harvest isn't ripe yet. Hodling remains the way to go and most importantly, still buy if you can and your ready to hodl. Its not too late for an investment.

It's a pity for everyone who sold at below $30K and between $30K to $35K because the price bounced back hard, even better than I initially expected! Now, I'm macro bullish and I feel like the worse is behind us. We might have a little correction after this but it should give way to higher highs. With the milestone price of $100K in mind, I would continue holding and won't sell. I didn't sell when price dumped hard then I won't certainly sell now.

[Evgenklm]

Today, bitcoin has risen well in price, I think this was facilitated by the news from amazon that this giant wants to accept bitcoin for payment at the end of the year,they also want to start developing their own cryptocurrency, I would like to read such news more often.

[The Cryptovator]

2021 is indeed the most Bitcoin adaption year. And we have seen a new ATH this year as well. Most probably it's because of this adaption. But it doesn't mean the price wouldn't drop and always should up only. Bitcoin is the most volatile cryptocurrency and most probably that's the reason why it's most popular than other cryptocurrencies in the market. By the way, just now I have seen in Binance Bitcoin trading above $39K and trying hard to break the $40K zone. It's because most likely Amazon going to adopt Bitcoin.

[Hamphser]

Can we now call 2021 the year of Bitcoin/crypto adoption year?

Really hard to tell but for sure we did really able to see some progress for this year where we do able to break those previous ATH's and able to reach 60k which is a solid indication

that there are lots of changes that did really happen in decades time and comparing on the level of adoption then we are really able to identify on how far we had able to reach out.

For now the best thing to do is to go with the flow and if you are a short trader then you would definitely be minding on how to make profits in long term basing on current
price movements.

[Renampun]

As at the time of creating this thread Bitcoin is sold for $33,900, in recent days the entire market led by Bitcoin has faced what looks like a bear market where bitcoin went below $30,000 late last week before recovering back to its present price. This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago.
Can we now call 2021 the year of Bitcoin/crypto adoption year?

we still can't call this year the year of BTC adoption because there is still a lot of resistance...

some time ago I saw on Twitter there was a group of people in El Salvador who balked at BTC being a legal tender there besides that there are still many countries that refuse to recognize Bitcoin. btw, I really believe that in the next 5 to 10 years BTC and other cryptocurrencies will be mass-adopted.

[isaac_clarke22]

~

I'll call the 40k right now as of writing this.
It could be too sudden from what how I checked the price like 12 hours ago, as it was still around 34k-ish before.
I am not kind of expecting it just yet to get back to our last ATH, but who knows.

[ChaoChibai]

As at the time of creating this thread Bitcoin is sold for $33,900, in recent days the entire market led by Bitcoin has faced what looks like a bear market where bitcoin went below $30,000 late last week before recovering back to its present price. This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago.
Can we now call 2021 the year of Bitcoin/crypto adoption year?

Well, we can call 2021 is the year of bitcoin since bitcoin broke his own record of ATH at $63,000 this year. And today, after such a deep dip the price of bitcoin slowly increasing day by day. I believe the price of bitcoin is going higher and at least touch down its ATH again.

[Handpari]

Before 2 days everyone was shorting bitcoin and investors have fully believed and market situation giving signal tha it looked like it was going to dump. One whale makes a big buy, and off to the races with the stop losses getting hit and the shorts becoming longs

[BlackHatCoiner]

This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago.

Nah. In 2013 it went from $10 to $1300 and in 2017 from $1800 to $19000. Both of those times were bigger than 2021's. Sure, this year hasn't ended yet, we may see some huge spikes like moving above $100k-200k, which would then mean that we should expect huge drops.

I don't think price is the right indicator for the rate of adoption though. Obviously we got new ATH, but it's not the biggest jump if you compare it with the previous ATH. I think the hype is always bigger for each bull cycle, compared to 2017 it was definitely bigger imo.

Just to add something. In 2013, it cut the reward from 50 BTC to 25 BTC. In 2017 from 25 BTC to 12.5 BTC. In May 2020 it went from 12.5 to 6.25. It is justified to not jump same like in the previous halvings, because it is now slowly making the supply less responsible.

[yazher]

As at the time of creating this thread Bitcoin is sold for $33,900, in recent days the entire market led by Bitcoin has faced what looks like a bear market where bitcoin went below $30,000 late last week before recovering back to its present price. This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago.
Can we now call 2021 the year of Bitcoin/crypto adoption year?

This kind of situation in the crypto market is quite common for some people who experience even greater than this one. There was a time when the price increases 50% in just a week and another 50% after that. Volatility is still there when the price rises like that, there is a tendency that it will go does like that as well. As we are in the 2nd quarter of this year, there are lots to happen and there is still some chance for the market to regain its price again so that sign is good enough for the investors to consider to buy bitcoins again before another bull-run comes.

[bosede1]

You are just looking at the present, have you take time to look at the past by this I mean the first quarter of this year and have you seen bitcoin reach the price of 60k and also you don't know what the last quarter hold for this coin in particular, if I were you I would wait before asking this question.

[hitsnorth]

I think 2021 is really one of the best, if not the best, years for crypto. We had really interesting spring, both BTC and ETH hitted their ATHs. Then crypto crushed but it's still was higher than it was a year ago. And now it's coming back.

[Miaallen]

There hasn't been any static changes in the price of Bitcoin in the last few days. Price has not being much above $40,000. The price ranges from $37,000 to $40,500 in ẹ recent time. The Bitcoin world may just be waiting for a breakthrough into $42,000 for it to boom again and give us a spectacular rise in price that we all hope to see.

[Raflesia]

2021 is indeed the most Bitcoin adaption year. And we have seen a new ATH this year as well. Most probably it's because of this adaption. But it doesn't mean the price wouldn't drop and always should up only. Bitcoin is the most volatile cryptocurrency and most probably that's the reason why it's most popular than other cryptocurrencies in the market. By the way, just now I have seen in Binance Bitcoin trading above $39K and trying hard to break the $40K zone. It's because most likely Amazon going to adopt Bitcoin.

There are influences from other adoptions, especially Amazon, which is widely reported, maybe this is a sign that there will be better price changes after many adaptations this year and much better than before. I'm sure about that after reaching ATH this will not be fundamental when the price becomes a bear market .

After a few days it seems the price is still holding $39k this possibility will definitely go up again after a lot of positive talk and after we offset these fluctuations for me this is natural and crypto will be a very fast opportunity with its fluctuations.

[AliMan]

As at the time of creating this thread Bitcoin is sold for $33,900, in recent days the entire market led by Bitcoin has faced what looks like a bear market where bitcoin went below $30,000 late last week before recovering back to its present price. This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago.
Can we now call 2021 the year of Bitcoin/crypto adoption year?

Don't have a final conclusions yet, we cannot perfectly said this year to be a bitcoin or crypto adoption period. When we don't see government pushing through digital currency as most recognized asset, still this idea wouldn't come to become a fulfillment. We might seem to observe the highest price achievements, but it all remains to that state but nothings ever change in reality of crypto's volatility.

[pooya87]

There are influences from other adoptions, especially Amazon, which is widely reported, ~

You are out of the loop because Amazon news was fake and it became known the first day when rise was just beginning. This is why we keep saying this rise has nothing to do with the short lived hype about Amazon and yet price keeps rising.

[Kong Hey Pakboy]

There hasn't been any static changes in the price of Bitcoin in the last few days. Price has not being much above $40,000. The price ranges from $37,000 to $40,500 in ẹ recent time. The Bitcoin world may just be waiting for a breakthrough into $42,000 for it to boom again and give us a spectacular rise in price that we all hope to see.

I think more than the changes in the prices, the market has more institutional investors than the last time so there's some changes in the market. You're probably right that after 42k we might see another run but we have to be careful because it's fueled by rumors but it seems it persists even though there's rumors about Amazon.

[Reid]

No, 2021 is the year of pandemic.
It helped a lot for people started looking for ways or options to where they should their money.
Instead of it rotting in banks where they are the ones making more money instead of us we finally made the jump to give other things a try. Cryptocurrencies.
It's not adoption because that means there is usage. They just bought it as a store of value and that's the same thing that is happening years ago.
It just went to the wider field where average people even without the proper knowledge are buying already unlike before where most investors would doubt it and try to learn it first before the purchase.

[BIN-BIN]

Well, you are right cryptocurrency has witnessed mainstream adoption lately, and this is because more and more people are getting to understand the primary function of cryptocurrency and this is to be an alternative currency that will give people the financial freedom needle to leave an independent economic life without government and the central bank involvement.