How come BTC is not at least $75,000 yet?

[molsewid]

In my opinion, this is due to the fact that many people who are already fairly familiar with bitcoin still consider it a long-term investment. They are not fully aware of its volatility, so they believe that it can not be used as fiat money for every need. People have bitcoin, they keep it. This is a saving. And fiat money is used for daily needs, so the interest in them exceeds the interest in bitcoin. Most people do not live in the future (represented by bitcoin), but today. And today they have fiat money.

Well aside from the fact of the volatility of bitcoin for me other reason why many people are still not convinced to buy bitcoin is because they are lacked of knowledge what this coin could give in future like profit especially considering the current price below $40k imagine how much could you gain when it hits a $75,000 or $100k. Regarding the question of OP how come BTC is not at least $75k yet well that's also a big question for us for everyone but we do know the market volatility so this will probably going to affect the price anyway.

[Luzin]

there is no reason to panic because we are still in great value, as of now bitcoin once again broke 40k level and still climbing as i type this post.

The most important thing is to be vigilant. Panic will make everything go awry. It has to do with your money so you should have a variety of alternative strategies. Many people make Halving as a benchmark price movement. Indeed, if it is still repeated then this month is a bearish period. But the market at the moment is much different. Today's market is bigger than it was a year ago. The opportunity to change habits after halving can happen.

[wozzek23]

What you have said is true, Bitcoin is a really good asset for people to be holding right now, because the Fiat is inflationary and it will keep on losing value as time goes on. But, just that Fiat has lost value as of recent, doesn’t mean that Bitcoin will just reach a really high price like you have said. You do understand that this is a process, it is not something that happens within a short period, it is a gradual process. So, you need to have patience and watch the price and see it grow.

Looking at the price now and what it was before the last halving, you would see that there is really a huge progress. So, Bitcoin is really growing and we should appreciate that. Finally, you should also know that not everyone is going to invest in Bitcoin, not because of how good it is, there are still people who wouldn’t be interested in it and they would prefer to rather do something else that would also earn them income.

[rodskee]

there is no reason to panic because we are still in great value, as of now bitcoin once again broke 40k level and still climbing as i type this post.

The most important thing is to be vigilant. Panic will make everything go awry. It has to do with your money so you should have a variety of alternative strategies. Many people make Halving as a benchmark price movement. Indeed, if it is still repeated then this month is a bearish period. But the market at the moment is much different. Today's market is bigger than it was a year ago. The opportunity to change habits after halving can happen.

we must be vigilant if we are into short term investment or in Day trading but if we are into long term in which "HODLING" then i see no issue if we will just ignore the movement and go to our other ways in which staking or something related to that getting passive income.
i am not worried at all in our time now because i have seen Bitcoin since 2017 and i knew that is normal and also what this can give to me in long term investing.

[henmark]

The USD is losing value. The EUR is losing value. All national coins are inflationary, energy prices are through the roof and still BTC is only $36,500! People should buy BTC like crazy, this is something I don't understand, they keep using the crappy FIAT instead. FIAT will all make you poor! Don't come crying here after when BTC hits $100K, but FIAT is the worst investment someone can make these days. BTC is still cheap as peanuts considering its potential, too bad people don't see it, have fun staying poor and keep making those bankers rich. Unbelievable.

Chill mate, we will be there soon 

Bitcoin support failed to reach that point though only 6k dollars the last ATH left to break that 75,000 usd price.

I'm not sure if 2022 is enough chance to do this but one thing is sure here that before 2025 this will be broken and we will be seeing even much higher lol.

Are you forgetting that during the second to the last ATH we had, that the market price didn’t really reach $20,000? It was just somewhere close to that range. So the market only stops where it is right for it to stop, and people should learn to have patience.

The market would go up, but I have seen some people who keep on expecting a bull run to take place even after we had already seen one take place just in 2021. They want it to be a process that would be repeating itself every yeah, but that is not how it works. There are times that the market would go up, and there are also times that it will go down. The problem with some of the people here is that they are lacking patience, and that is why they always end up missing that opportunity.

Anyone that really wants to benefit should invest and wait, next two or three years would be another opportunity. If you can’t wait till then, then you can look for something else.

[elisabetheva]

maybe because, there are still many who use banking in their daily life and fiat still dominates as a lucrative transaction. there are still not many who use bitcoin as a means of payment because there are still many countries that have not accepted it as a legal tender, so there are still many people who still use fiat through banking.

maybe this is also a problem faced by bitcoin, because the turnover and trading using bitcoin is not yet very active so that passive movement makes bitcoin at a stable price and continues to be difficult to move.
if there are many large institutions that are willing to accept payments with bitcoin, it is certain that the value of bitcoin will increase.

but optimism must always exist with the development of bitcoin, with many countries willing to recognize and large institutions willing to continue to actively use bitcoin, it is certain that many have started investing their funds in bitcoin to make transactions easier.

[Hamphser]

there is no reason to panic because we are still in great value, as of now bitcoin once again broke 40k level and still climbing as i type this post.

The most important thing is to be vigilant. Panic will make everything go awry. It has to do with your money so you should have a variety of alternative strategies. Many people make Halving as a benchmark price movement. Indeed, if it is still repeated then this month is a bearish period. But the market at the moment is much different. Today's market is bigger than it was a year ago. The opportunity to change habits after halving can happen.

we must be vigilant if we are into short term investment or in Day trading but if we are into long term in which "HODLING" then i see no issue if we will just ignore the movement and go to our other ways in which staking or something related to that getting passive income.
i am not worried at all in our time now because i have seen Bitcoin since 2017 and i knew that is normal and also what this can give to me in long term investing.

For those people who do able to experience into this market would definitely be having the same impression on which they would simply ignore on what are the current movements of the market as of today as they are

fully aware on how this market moves which means that volatility wouldnt really affect them anymore so easily thats why they arent expecting something like those digits ahead.One thing is for sure is that they are really making out some plans or move that will utilize for them to take advantage with the market current condition without bothering themselves about probability of possible movements on neither ways.

[Abiky]

Are you forgetting that during the second to the last ATH we had, that the market price didn’t really reach $20,000? It was just somewhere close to that range. So the market only stops where it is right for it to stop, and people should learn to have patience.

The market would go up, but I have seen some people who keep on expecting a bull run to take place even after we had already seen one take place just in 2021. They want it to be a process that would be repeating itself every yeah, but that is not how it works. There are times that the market would go up, and there are also times that it will go down. The problem with some of the people here is that they are lacking patience, and that is why they always end up missing that opportunity.

Anyone that really wants to benefit should invest and wait, next two or three years would be another opportunity. If you can’t wait till then, then you can look for something else.

Exactly. Just because Bitcoin reached a new ATH last year, doesn't mean it'll continue to grow non-stop. There will be times when prices will dip due to market correction. People just want Bitcoin to keep going up to get rich quick. But that's not the way it works. Patience is key towards achieving great results in the future.

Instead of whining, I'd advise anyone to keep buying BTC at current prices. $75k will inevitably happen due to Bitcoin's ever-decreasing block reward. That, alongside with high demand and an extremely-limited supply should lead us towards the designated milestone in no time. Who knows if we become the next Bitcoin millionaires by patiently "hodling" long-term? Just my opinion

[noormcs5]

The USD is losing value. The EUR is losing value. All national coins are inflationary, energy prices are through the roof and still BTC is only $36,500! People should buy BTC like crazy, this is something I don't understand, they keep using the crappy FIAT instead. FIAT will all make you poor! Don't come crying here after when BTC hits $100K, but FIAT is the worst investment someone can make these days. BTC is still cheap as peanuts considering its potential, too bad people don't see it, have fun staying poor and keep making those bankers rich. Unbelievable.

Not everyone will buy bitcoin when it is not a legal currency in many parts of the world. There are some institutions or people with huge amounts of fiat, who only want to invest in things that are recognized by the governments. There are other people who prefer to invest in gold and do not trust bitcoin because of its volatile nature.
But keep in mind that bitcoin will reach 75,000$ or more very soon. It's just that we don't know exactly when it will reach these values.

[Mauser]

There are a few reasons why bitcoins are not at 75,000 USD right now. The biggest are Russia-Ukraine war, threat of nuclear war, ongoing covid pandemic, rising inflation and slowing world economy. All these factors together made it a very bad start into 2022. But even with the short term outlook not looking so great, bitcoins are still above 30,000 USD. As long as we can stay above this important barrier I wouldn't worry to much. All these reasons are not a direct problem of Bitcoins or other crypto currencies, but rather a general problem in the world. Stocks and other investments are hurting as well. Once we can return to normality a rise in the bitcoin price should happen. Without these crisises the price would be much higher today. In my opinion we will see a new ATH later this year.

[19Nov16]

November when the market rose and reached almost $70k then I'm optimistic the price will continue to skyrocket to at least $90k, unfortunately the market was unexpected so the price dropped again, but I'm sure the price will recover soon and this year I'm still optimistic that $100k can be achieved.

[fullhdpixel]

November when the market rose and reached almost $70k then I'm optimistic the price will continue to skyrocket to at least $90k, unfortunately the market was unexpected so the price dropped again, but I'm sure the price will recover soon and this year I'm still optimistic that $100k can be achieved.

But, my question is did you miss the opportunity of selling your coins? as it seems you are because you are waiting for the 90k pump. It's been 4 months already ever since the price drop and there are no signs of full recovery yet.

There is a small increase but the price will eventually fall down after a day or two. You haven't reached your previous target yet which is 90k and now you are expecting for more? you want 100k this time. What happens if it will fail again? I guess your gonna aim for 120k or more and so on. Market of cryptos will never be predictable so you should sell sometimes if you have a chance or if you think you are in profit already.

[DoublerHunter]

November when the market rose and reached almost $70k then I'm optimistic the price will continue to skyrocket to at least $90k, unfortunately the market was unexpected so the price dropped again, but I'm sure the price will recover soon and this year I'm still optimistic that $100k can be achieved.

^ Surely it will but the problem here is there is no time frame when it will happen as we know the fact that BTC price is unpredictable.
I don't believe that this year BTC price will increase and reach the previous ATH, probably my guess is after on BTC next halving which was most BTC enthusiast's expected moment. We wait for the strong resistance that will come and for now, we should understand the market because other countries was facing difficulties and sometimes they become a cause of shaking the BTC price.

[famososMuertos]

We are in an era where some people still prefer to listen to a longplay because of that melancholy memory, not because it seems vintage, but because they remain faithful to the traditional sound of the record player.

The rhythm that bitcoin carries is perhaps in its very essence the best, this has allowed us to find some answers in its scalability, so alternatives (LN, Taproot, etc.) arise from time to time,  then it is necessary that those who are remain calm. 

The price of your thoughts (or Dreams) and adoption to your will come...

[7788bitcoin]

There are a few reasons why bitcoins are not at 75,000 USD right now. The biggest are Russia-Ukraine war, threat of nuclear war, ongoing covid pandemic, rising inflation and slowing world economy. All these factors together made it a very bad start into 2022. But even with the short term outlook not looking so great, bitcoins are still above 30,000 USD.

Seems like the market went down from the all time high valuation after hearing the possibility of a war and that is not the truth. The market touched its all time high valuation and majority of the market went down and there was a period we thought we are moving in a full bear mode, but even the market is hovering over $38k which is a good sign and war has nothing to do with the current valuation.

[minairia3]

November when the market rose and reached almost $70k then I'm optimistic the price will continue to skyrocket to at least $90k, unfortunately the market was unexpected so the price dropped again, but I'm sure the price will recover soon and this year I'm still optimistic that $100k can be achieved.

But, my question is did you miss the opportunity of selling your coins? as it seems you are because you are waiting for the 90k pump. It's been 4 months already ever since the price drop and there are no signs of full recovery yet.
There is a small increase but the price will eventually fall down after a day or two. You haven't reached your previous target yet which is 90k and now you are expecting for more? you want 100k this time. What happens if it will fail again? I guess your gonna aim for 120k or more and so on. Market of cryptos will never be predictable so you should sell sometimes if you have a chance or if you think you are in profit already.

I like this, I liked your thought that selling bitcoin if you think you are in profit.
But, I always like to say invest that money on cryptocurrency which you effort to lose. otherwise, you will never make a profit.

Everyone knows Bitcoin will reach $75K/$90K even it can surpass $100k it is not impossible. But, no one knows when actually that time will come. So, Buy the dip wait for the ATH, if you missed selling at ATH then wait until the new opportunity has come. Don't act like a loser, Never ever sell your coins at loss. 

[Frengki_cisco]

The economic situation and world conflict that made Bitcoin unable to break through again to the $75k level, world investors prefer him rather than deal with big losses, wait for the economic situation and world conflicts to calm down, all elements will return to Bitcoin, at that time the Bitcoin price will reach $75k.

[Woodie]

The economic situation and world conflict that made Bitcoin unable to break through again to the $75k level

If memory saves me right, Bitcoin was unable to break this barrier of $75k way before the "world conflict" happened which makes it a debatable. And i hope the world conflict is not in reference to the current happenings between Russia and Ukraine 

world investors prefer him rather than deal with big losses, wait for the economic situation and world conflicts to calm down, all elements will return to Bitcoin, at that time the Bitcoin price will reach $75k.

With Russia being squeezed out using its own economy with the blocking of swift for its banking services, aren't its people suppose to turn to bitcoin which should have shown bullish traits by now...

[vd309]

With Russia being squeezed out using its own economy with the blocking of swift for its banking services, aren't its people suppose to turn to bitcoin which should have shown bullish traits by now...

I asked myself the same question mate, and not just for Russia. Seems the inflation will be through the roof, so I expected people will buy BTC to keep their protect their money.

[kotajikikox]

The USD is losing value. The EUR is losing value. All national coins are inflationary, energy prices are through the roof and still BTC is only $36,500! People should buy BTC like crazy, this is something I don't understand, they keep using the crappy FIAT instead. FIAT will all make you poor! Don't come crying here after when BTC hits $100K, but FIAT is the worst investment someone can make these days. BTC is still cheap as peanuts considering its potential, too bad people don't see it, have fun staying poor and keep making those bankers rich. Unbelievable.

Chill mate, we will be there soon 

Bitcoin support failed to reach that point though only 6k dollars the last ATH left to break that 75,000 usd price.

I'm not sure if 2022 is enough chance to do this but one thing is sure here that before 2025 this will be broken and we will be seeing even much higher lol.

Are you forgetting that during the second to the last ATH we had, that the market price didn’t really reach $20,000? It was just somewhere close to that range. So the market only stops where it is right for it to stop, and people should learn to have patience.

did I? and please tell us how much is the close amount? hundred bucks? is that something that needs to be discussed ?

bitcoin almost reached that amount mate so lets not make this an issue.

The market would go up, but I have seen some people who keep on expecting a bull run to take place even after we had already seen one take place just in 2021. They want it to be a process that would be repeating itself every yeah, but that is not how it works. There are times that the market would go up, and there are also times that it will go down. The problem with some of the people here is that they are lacking patience, and that is why they always end up missing that opportunity.

let them expect what they thing is coming but us who knows the market? we are not on the same track here

If you can’t wait till then, then you can look for something else.

What we wanted to see will reflect in how much we can risk and how much we can maintain our position .