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

[DapanasFruit]

As for me, Bitcoin should have been playing in the vicinity of $100,000 by now and should be increasing considering the many bad news happening in the global economy with the USA not doing well and with the threat of invasion posed by Russia to Ukraine. But no, the market chooses to also be afraid of things, fearful of what can be and have not seen much trust and confidence with Bitcoin as some sort of a protection or savior of a downturn economy. Well, the thing is that almost markets are not rationale...most investors are following the mood of other people just like a sheep following the leader to wherever that leader thinks he wants to go. So there is nothing we can do but wait for that AHA moment and I think that can surely be coming in no time at all...just trust and be rewarded.

[1714677522]

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[1714677522]

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[Peanutswar]

We recently saw the market trying to attempt the price of the bitcoin at the 70k usd but again it depends on the holder and investor if they keep trying to support the market. We saw previously another dump and it affects the economic issue which is the market dump and decline of Russia to support the use of the bitcoin. Another chance to make it attempt for another ATH is the newcomer investors.

[slaman29]

One could just as easily ask: Home come BTC is not zero dollars yet?

I don't really get why people need to make such an issue (not referring to OP, just in general people when discussing price of crypto). BTC reached almost 70k, which isn't far from 75k.

Besides, BTC has a habit of reaching ATH and then spending only a little time there. Even if we got to ATH of 75k, or 100k or whatever ceiling, it's never going to spend a lot of time there.

[Cryptmuster]

One could just as easily ask: Home come BTC is not zero dollars yet?

I don't really get why people need to make such an issue (not referring to OP, just in general people when discussing price of crypto). BTC reached almost 70k, which isn't far from 75k.

Besides, BTC has a habit of reaching ATH and then spending only a little time there. Even if we got to ATH of 75k, or 100k or whatever ceiling, it's never going to spend a lot of time there.

The fact that bitcoin rolls back down every time gives a very good opportunity to earn. But every time, after a new ATH, bitcoin stops higher and higher. Even now, after the 69k level, he is at 38k, which can be considered a very good indicator. The next time he hits 100k, and he can rolls back down 50k, and each time it will be a big price.

[poldanmig]

We recently saw the market trying to attempt the price of the bitcoin at the 70k usd but again it depends on the holder and investor if they keep trying to support the market. We saw previously another dump and it affects the economic issue which is the market dump and decline of Russia to support the use of the bitcoin. Another chance to make it attempt for another ATH is the newcomer investors.

Whales have a lot of influence on market conditions that occur, to reach a price of $75k of course we need help from whales to push prices in the market, but the many negative sentiments currently circulating make whales such as fear to hold bitcoin for a long time, and make them They panicked a bit so they tried to take profit when the market started to strengthen slightly and in the end resulted in a price decline due to the massive sales carried out by the whales.

[BuNga_cute]

from my point of view maybe it's all a market game, and for sure one day there will be a price increase when the transaction volume increases and maybe the role of famous people can change the price of bitcoin to be high again.
Let's just follow the current movement, that is don't let it there are downsides and regrets when trying to invest in crypto, especially bitcoin..

That will always be the case, I mean we should still be grateful that bitcoin has steadied towards a 5 digit price because for many people in the past, it's probably difficult for them to believe that it will ever come to this point, as @oemar bakrie said, it's a market game and if you don't have the ability to join the waiting game, you're probably going to need to find other means to make money.

We should be grateful that the price of Bitcoin can rise to $69k in 2021, because as you said early adopters also would not expect the price of Bitcoin
to rise so high. I even remember when it was 2017, I was very surprised Bitcoin hit a price of $20k. This means that Bitcoin is always going up in price
and we will always be surprised by the movement of Bitcoin. So only patient people can get big profit from Bitcoin, so there is no need to question why
the price of Bitcoin has not recovered and when the price of Bitcoin can rise to the price of $75k. We just need to believe in the future of Bitcoin and
keep collecting Bitcoins. If we study the history of Bitcoin's movement, where the price continues to rise almost every year, the $75k price target will
definitely be reached someday. So don't worry about the current Bitcoin price drop, because the price of Bitcoin will definitely recover and the price of
Bitcoin can rise higher than the previous price.

[Lucius]

The rush? I've never sold a bit of BTC since 2013 and I'm starting to get bored, that's the rush. I want to feel the fruits of my labor too. Don't plan waiting 10 more years.

You just confirmed what defines the average Bitcoin investor, and that in the case of a long-term investment like yours is some kind of imaginary profit determined by an exit point at a certain price. Your problem is that you are waiting exclusively for that exit point, and of course, it frustrates you more and more that you can't reach it, and time is running relentlessly. What people often forget is that time is the most precious thing we have and it is very limited, it cannot be increased or bought.

My strategy is different and there is no predefined exit point, but I combine to sell/use Bitcoin as a currency whenever I need it, especially at a time when the price reaches its ATH - and yet most of the time holding most of my coins safe. If you persist in your plan, I don't believe you will have to wait 10 years, but it can be 2-4 years until the price reaches a stable $100k (although this can happen earlier).

[virtualdn]

The rush? I've never sold a bit of BTC since 2013 and I'm starting to get bored, that's the rush. I want to feel the fruits of my labor too. Don't plan waiting 10 more years.

You just confirmed what defines the average Bitcoin investor, and that in the case of a long-term investment like yours is some kind of imaginary profit determined by an exit point at a certain price. Your problem is that you are waiting exclusively for that exit point, and of course, it frustrates you more and more that you can't reach it, and time is running relentlessly. What people often forget is that time is the most precious thing we have and it is very limited, it cannot be increased or bought.

My strategy is different and there is no predefined exit point, but I combine to sell/use Bitcoin as a currency whenever I need it, especially at a time when the price reaches its ATH - and yet most of the time holding most of my coins safe. If you persist in your plan, I don't believe you will have to wait 10 years, but it can be 2-4 years until the price reaches a stable $100k (although this can happen earlier).

What if I told you I don't plan ever selling more than 10-15%? Don't reach to conclusions before you know all the facts. It's a general advice for life.

[traderethereum]

I think USD still survives and EUR does the same because the government still backs up fiat.
While BTC does not increase higher, people are not interested in buying BTC and using it as their investment because they think BTC is something they do not understand compared to the other investment type.
When BTC increases higher and reaches $100,000, people will see that they are too late to buy bitcoin and will buy bitcoin in a rush.
People who do not buy BTC at a price now will regret it because they already can buy bitcoin but do not use it.

[Lucius]

What if I told you I don't plan ever selling more than 10-15%? Don't reach to conclusions before you know all the facts. It's a general advice for life.

You had a chance to do it when the price reached last ATH close to $70k last year, obviously, you didn't do it because you believed in what most considered a safe bet ($100k by the end of 2021). You have stated the facts yourself, you want to sell your BTC and enjoy the fruits of your labor as soon as possible, and the reason why you have not sold yet is the price.

From the title of this thread, it can be concluded that your exit point is at $75k or more, which is very frustrating considering that the last ATH was very close to that.

[Haunebu]

You seem like a newbie in the cryptocurrency world op. Why? Because any experienced cryptocurrency investor knows the fact that BTC and other cryptocurrencies are extremely volatile in nature.

This is why HODLING BTC and any other cryptocurrency for the long-term is always a difficult endeavour, but it could potentially make you rich if you HODL long enough and if things actually go your way.

BTC will definitely rise back up to $75K in the future, but no one can accurately tell you when that will happen op which is why you should always invest what you are willing to lose.

[Kelvinid]

We love seeing Bitcoin reach $75k, $100k, and more...But we never ask other people if they will love too. That probably they don't care and do not have the concern as for they don't know about Bitcoin and this is one the reason why Bitcoin doesn't go that much so easily. It perhaps needs more users and investors but can't deny that only a few people have the courage to take risks and even think that Bitcoin is not a scam while the majority believes it was Ponzi Scheme alike.

[Slow death]

It's amazing how you can boast about bitcoin, but we can't forget that FIAT won't disappear, the banks won't disappear, the right thing would be that each person can use all things: fiat, banks and bitcoin without having problems or fanaticism or hate for one of the 3 things. it is not possible to have a world where there will be no fiat and banks and only bitcoin, we have to face it that it is not possible to have this kind of world

[Abiky]

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.

Bitcoin isn't worth $75k yet because not many people are aware of it. Despite the ever-rising popularity of Bitcoin, there's a large portion of individuals worldwide who haven't heard about it at all. In order for Bitcoin to reach a wider audience, Internet access needs to be extended to every single region/area in the world. But we're still far away from seeing that materialize since governments don't have the required infrastructure to make it happen. Sooner or later, Bitcoin will cross $75k as Fiat's inflation increases like there's no tomorrow. We just have to be patient as good results don't come overnight.

I see Bitcoin as a better version of Gold, so it's likely it'll continue to go up in terms of Fiat for generations. As long as you buy BTC at a cheap price, you'll be on a road towards untold riches. Just my thoughts

[ChiBitCTy]

“Have fun staying poor” is the most obnoxious saying that people use in terms of bitcoin. Just because someone doesn’t own any bitcoin, doesn’t mean that they are assured to remain “poor”. I of course agree that everyone should own at least a little bit of bitcoin, but this all depe new on what one can afford to lose.

[e_abrams]

Bitcoin is forming a correction. It happens. It happens for every currency out there every once in a while. I have also seen a lot of theories that the current situation surround Ukraine also has an effect on it, though I am not sure how accurate that theory is. Any thoughts?

[aysg76]

There were anticipations of around $100k by the year end of previous year but it doesn't work that way so we can have as many price limits set in our mind or with any kind of technical analysis but btc will not work according to that as the prices deviates with only demand and supply factor.

The inflation is growing at faster pace but the thing is world has recognised it lately and you see now the adoption curve has increased slightly compared to past.This is the representation for the same and have some clarity from this :

But on the other side inflation has increased over past few years drastically but still the majority is witnessing and realising it and you will see the growth rate of Bitcoin soon so your expected rate will also show up later so hold it for long term.

The inflation is hitting hard in some countries while others are facing reverse situations but you notice that situations in third world countries is more worsen and they need bitcoin at most important like you El Salvador has adopted it with ending the USD domination of which IMF has burden them up but more countries will progress towards it and first Target of $100k is achievable soon.

[lixer]

We recently saw the market trying to attempt the price of the bitcoin at the 70k usd but again it depends on the holder and investor if they keep trying to support the market. We saw previously another dump and it affects the economic issue which is the market dump and decline of Russia to support the use of the bitcoin. Another chance to make it attempt for another ATH is the newcomer investors.

They did not know that btc is trying its best to come up in a price where it can it meet our expectations but unfortunately other factors are much stronger than btc. We have die hard supporters that will keep on holding their btc and there are only less sellers which can have an impact on the price of btc but I think it was the manipulators and the whales that keeps on pulling the price.

I do not think the decline of the price has to do with Russia because if I am not mistaken we are already on the dump before the issue of Russia came out but that news was not new, it is like china that bans bitcoin and then re allow it again. We still have a hope for btc to touch greater prices in the future.

[Anonylz]

Humans for you, since btc is not government approved yet some people don't trust it enough to buy even when the price is ridiculously cheap, even among those who bought, some sell at the slightest correct made by fud, to prefer to stay in fiat despite how it deprecate in value,
Before the majority of people realize they are missing out on this opportunity btc price would be very high by then, I wish I have zillion cash to buy enough and seat back to watch the rest of the people fighting over what is left

[virtualdn]

It seems someone is reading this and we've just passed $40,000! That's the spirit folks, let's go to the Moon! I still believe 2022 can be the year of the Bitcoin!