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

[TheEconomists]

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.

What are you waiting for for only you can go on and buy all so that you and your can rich. You sounding as if you don't hold a single fait currency your account and you don't make use of your country faith currency on a daily basis, come on! Let be realistic sometimes and trying to push people with our words to do what they will regret later.

[Oilacris]

In hindsight, especially as we approach the next halving of 2024, I agree people will be kicking themselves for not buying more bitcoin, especially when it was under $40,000. However, this market is extremely volatile and with looming rate hikes it should be of no surprise that the price is not $75,000 or higher. Also, the S2F model looks like it's getting severely tested with the reality of the law of diminishing returns.

I agree though that we'll blast way past $75,000 by 2025!

Expect the unexpected and dont really be that positive or really hooking up yourself into those hopes on seeing those numbers in a short time because this isnt how the market works.

If you've been here on this market for a while now then you wouldnt really care much on where price would go possibly in next minute or month or years since you are aware neither

it could go back into those previous ATH's or would create a new one yet Bitcoin had never failed to impress us.

[rozak]

In hindsight, especially as we approach the next halving of 2024, I agree people will be kicking themselves for not buying more bitcoin, especially when it was under $40,000. However, this market is extremely volatile and with looming rate hikes it should be of no surprise that the price is not $75,000 or higher. Also, the S2F model looks like it's getting severely tested with the reality of the law of diminishing returns.

I agree though that we'll blast way past $75,000 by 2025!

Expect the unexpected and dont really be that positive or really hooking up yourself into those hopes on seeing those numbers in a short time because this isnt how the market works.

If you've been here on this market for a while now then you wouldnt really care much on where price would go possibly in next minute or month or years since you are aware neither

it could go back into those previous ATH's or would create a new one yet Bitcoin had never failed to impress us.

That's right, we don't need to hope that bullshit goes too far for now. just follow how the market works. bitcoin has never let us down, hit a new ATH, and continues to experience market developments. although there is a decline and a lot of bad news, in the future we do not know when. we will look at the achievements that impressed us once again. we just need to believe and hold on to it.

[Mamun74]

Previous year bitcoin touched $65000+ i hope bitcoin will be hit in future. I believe bitcoin movement still price correction. People interested in bitcoin investment increase day by day.I hope bitcoin price will rise again and market will be green in this year.I hope bitcoin price will be hit $75k+ next 3-4 years.

[Marykeller]

Since the inception of bitcoin, it hasn't gone above $75k which there is always a possibility that it will someday. Only a few percent of the human population knows about bitcoin, and we get to find her price at $41k recent. Imagine when bitcoin is widely adopted globally. What will her price be? Am highly positive about the future price of bitcoin hitting $150k before the next halving season

[jakelyson]

No rush, it is always down this time of the year. Give it a few months and it will reach it. If not, I am sure after the next halving, it way go beyond the price you are thinking.

[virtualdn]

In hindsight, especially as we approach the next halving of 2024, I agree people will be kicking themselves for not buying more bitcoin, especially when it was under $40,000. However, this market is extremely volatile and with looming rate hikes it should be of no surprise that the price is not $75,000 or higher. Also, the S2F model looks like it's getting severely tested with the reality of the law of diminishing returns.

I agree though that we'll blast way past $75,000 by 2025!

2025? In my humble opinion we will reach $75,000 this year. Year 2025 could see prices like $200,000 for a BTC, just saying. I'm very maximalist when it comes to BTC price.

[Ziskinberg]

In hindsight, especially as we approach the next halving of 2024, I agree people will be kicking themselves for not buying more bitcoin, especially when it was under $40,000. However, this market is extremely volatile and with looming rate hikes it should be of no surprise that the price is not $75,000 or higher. Also, the S2F model looks like it's getting severely tested with the reality of the law of diminishing returns.

I agree though that we'll blast way past $75,000 by 2025!

2025? In my humble opinion we will reach $75,000 this year. Year 2025 could see prices like $200,000 for a BTC, just saying. I'm very maximalist when it comes to BTC price.

That would mean we have to witness a new bull run and bitcoin will reach a new ATH.

For me, it's not impossible, but based on the current market situation, I guess the year is destine to be a bearish year, and with that said, it's not something that we should panic about, it's something that we should trust and wait for the process, for now, it's high time to buy as the price is cheap.

[Maisha breedlove]

it almost did but some powerful people caused it to crash because it almost put fiat in the shadows of crypto currencies.

[Reatim]

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.

Because there is nothing to prove about bitcoin capacity for this time being , maybe if you ask for at least 1 year  to 3 years from now . but looking for long term? bitcoin will go further that that 100k? that is still low for the incoming value but when? then that is something we must ask and need answer.

it almost did but some powerful people caused it to crash because it almost put fiat in the shadows of crypto currencies.

68,000$ is the highest so maybe 7k is too far to achieve , then best to keep waiting or else sell your coins now that is the best you can have now.

[AakZaki]

I am not that really concern about the legal adoption of bitcoin worldwide because bitcoin exists and keep on proving its worth even if it is not accepted widely but as I keep on reading in this thread it all boils down on the fact that people are still afraid to jump off and invest in crypto because this platform is not approved by governments. And to be honest this thing is quite true, in my case I do experience a lot keep on asking me about this platform but at the end they are being afraid that they may get scam or lose, which of course I didn't make any conscious effort to explain it to them furtherly.

Those who continue to be afraid of bitcoin because there is no full support by the government in some countries certainly cannot take advantage of this opportunity well. Now many are starting to adopt bitcoin. Cryptocurrencies are the future of decentralized payments that are more transparent and efficient. much that can be used to develop even better payment methods. Cryptocurrencies are also feared because of rapid price fluctuations and the risk of losing value quickly, but on the other hand there will be value added quickly. Scam or losing is a choice that can be made because all will not escape the scam and lose including Fiat. Bitcoin continues to be developed and much favored by modern people today.

[stadus]

I am not that really concern about the legal adoption of bitcoin worldwide because bitcoin exists and keep on proving its worth even if it is not accepted widely but as I keep on reading in this thread it all boils down on the fact that people are still afraid to jump off and invest in crypto because this platform is not approved by governments. And to be honest this thing is quite true, in my case I do experience a lot keep on asking me about this platform but at the end they are being afraid that they may get scam or lose, which of course I didn't make any conscious effort to explain it to them furtherly.

Those who continue to be afraid of bitcoin because there is no full support by the government in some countries certainly cannot take advantage of this opportunity well. Now many are starting to adopt bitcoin. Cryptocurrencies are the future of decentralized payments that are more transparent and efficient. much that can be used to develop even better payment methods. Cryptocurrencies are also feared because of rapid price fluctuations and the risk of losing value quickly, but on the other hand there will be value added quickly. Scam or losing is a choice that can be made because all will not escape the scam and lose including Fiat. Bitcoin continues to be developed and much favored by modern people today.

Some countries have started to adopt bitcoin not just as a store of value but as a legal tender, so it will only take few more years before all the countries will see the worth of bitcoin and starts to adopt it. Although bitcoin is already legal in some developed countries, but the adoption rate is still low. However, we can't expect for bitcoin to jump to $75k as its price still matter on its supply and demand, and with market sentiments too. If investors will always be afraid to invest in bitcoin because of the higher risk, that will create a barrier from bitcoin reaching another all time high.

[LUCKMCFLY]

The values of fiat currencies is losing weight every time so some one who is serving Money in the bank is just making he or her money to loose values, because instead of the money to appreciate to an extent but the will continue to depreciates continuously, but banking with cryptocurrencies which is Bitcoin and ethereum and some other coins will not allow you to lose values compared to fiat currency values, i think Bitcoin have taken advantage over fiat

It is not that it has taken advantage of the fiduciary currency, but that for people to take a value and can talk about it, it is assigned the value in FIAT as USD or Eur, this to give an idea of the price of BTC plus it is not the value, because the value is much greater than BTC, we are only speculating because honestly many do not understand the difference between price and value, and obviously people who do not know much do not see the value, but they see the price, and the only way they can do it is with strong and representative hegemonic currencies.

[Luzin]

Although bitcoin is already legal in some developed countries, but the adoption rate is still low. However, we can't expect for bitcoin to jump to $75k as its price still matter on its supply and demand, and with market sentiments too. If investors will always be afraid to invest in bitcoin because of the higher risk, that will create a barrier from bitcoin reaching another all time high.

If for now maybe the price has not been able to reach what the author said. Adoption hasn't been done much, but it doesn't seem to matter. Right now the cycle does require bitcoin to go down in price, but I hope with the many adoptions it doesn't happen. If you look after the previous halving the market seems almost the same. I hope that cycle will repeat itself towards highs back after halving 2024. But prices go higher faster it looks like it's going to be better.

[pushups44]

In hindsight, especially as we approach the next halving of 2024, I agree people will be kicking themselves for not buying more bitcoin, especially when it was under $40,000. However, this market is extremely volatile and with looming rate hikes it should be of no surprise that the price is not $75,000 or higher. Also, the S2F model looks like it's getting severely tested with the reality of the law of diminishing returns.

I agree though that we'll blast way past $75,000 by 2025!

2025? In my humble opinion we will reach $75,000 this year. Year 2025 could see prices like $200,000 for a BTC, just saying. I'm very maximalist when it comes to BTC price.

Yes, I also think we could easily see $200,000 by 2025, but the law of diminishing returns seems to be staring into the face of those who were expecting the price to be exponentially higher. Clearly, with a limited supply and growing network, it's only a matter of time before we are in the six figures. I just think a little more patience is needed to reach this goal. If we reach six figures this year, great; if not, it's only a matter of time!

[chikading2016]

BTC is now start to be bullish again and I believe that very soon we will see another ATH this year so we need to have patience because not everything will happen according to what we plan, sometimes our investment plan will lead us to lossing so we always need to be patience for good.

[btc78]

BTC is now start to be bullish again and I believe that very soon we will see another ATH this year so we need to have patience because not everything will happen according to what we plan, sometimes our investment plan will lead us to lossing so we always need to be patience for good.

Another ATH this year? lol this wont be happening mate sorry to pause your beliefs but I see no big reason why this needs to happen now, look at the issues we are having , there are near to come war in Russian territory against Ukraine , and there are so many FUD in the world.
best to not expect that much because this will bring you losses in case you over estimated .

it almost did but some powerful people caused it to crash because it almost put fiat in the shadows of crypto currencies.

Lol that is not Almost because price short by 7k and that is a Big amount to just happen like that.
meaning we must accept that this year and last year is not the time for that level.

[ShowOff]

BTC is now start to be bullish again and I believe that very soon we will see another ATH this year so we need to have patience because not everything will happen according to what we plan, sometimes our investment plan will lead us to lossing so we always need to be patience for good.

Bitcoin is a highly volatile digital currency, ATH is always possible. We know bitcoin has hit $69K in November 2021, but there is always hope to see its price hit higher levels than before in 2022 or the following year. I've never been pessimistic about ATH, but I have my doubts about timing. Some analyzes conclude by 2022 the bitcoin price could be higher than $70K, but some other analyzes conclude it will stay below $50K. I don't know which one we're going to, but the analysis could be wrong.

I don't think ATH matters if we never own bitcoin, and that's ridiculous. But ATH is important when we have invested in bitcoin to get a commensurate return in the future. Now that the post-correction bitcoin price recovery is starting to take place, $42K has been breached and now $45K has become a target of resistance which will soon be broken as well.

[mich]

I understand your frustration with the volatility of BTC. One of the biggest pieces of advice I can offer is to just be patient and stay the course.
With a truly revolutionary technology like BTC it can take time to mature but people, organizations and governments all around the world are already seeing the value and market adoption is reaching staggering levels.
If you practice patience and try not to pay attention to every correction you will feel a lot more peace of mind.

[peter0425]

I understand your frustration with the volatility of BTC. One of the biggest pieces of advice I can offer is to just be patient and stay the course.

He is not  frustrated actually instead he is desperately asking about what is the reason when bitcoin can easily reached and even break that price.

With a truly revolutionary technology like BTC it can take time to mature but people, organizations and governments all around the world are already seeing the value and market adoption is reaching staggering levels.

Yups , many countries are considering adoption or at least accepting bitcoin , there are businesses opening accepting crypto specially bitcoin even coffee shop and groceries .

If you practice patience and try not to pay attention to every correction you will feel a lot more peace of mind.

Look at OP's account  does it looks like he has no patience ? lol he is capable of waiting for long time .