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

[Yamifoud]

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.

But I guess not, he only wants to know why it never reach $75k even the adoption had to continue and even many establishments have already accepted Bitcoin. I can really find his patience but indeed, he is quite surprised that the price move slowly as many (experts/not experts) are expecting it reaches $100k last year but until now, it was not.
I guess, keeping peace in minds never works if we keep seeing on the market trend and I think, that is OP need to do. 

[Wawa2013]

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.

Yes, that's an investment, there must be advantages and disadvantages. We don't always get profits and we don't always experience losses, everything will spin. But in bitcoin I think it just takes patience for us to take advantage.
As we know, a few days ago bitcoin went down and made some people panic. But today bitcoin is showing very good development, although not completely, but this is good news.

Because investing in crypto is very risky, we must prepare everything carefully. So if something bad happens, we can be better prepared to deal with it.
But compared to altcoins, investing in Bitcoin is lower risk. Because Bitcoin is the safest for investment, as long as we can be patient, then we can
get profit from Bitcoin. So very lucky for people who can be patient and not panic when Bitcoin drops below $35k price, because now Bitcoin has started
to rise again in price, even Bitcoin is already at $42k. Hopefully the positive movement of Bitcoin can make Bitcoin reach the price of $ 45k this week,
and eventually Bitcoin will continue to rise until the ATH price is reached again.
 

[KaliLinux]

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.

I want to believe more than 50% of the investors in here didn't feel the same way they feel now about Bitcoin like 10 years ago. Adoption might be slow even from areas you think should be quick i.e the educated folks but we see people today still not believing in Bitcoin investment because most are too scared to change and a bit more skeptical about what they cant hold regardless of its value.

[molsewid]

But I guess not, he only wants to know why it never reach $75k even the adoption had to continue and even many establishments have already accepted Bitcoin. I can really find his patience but indeed, he is quite surprised that the price move slowly as many (experts/not experts) are expecting it reaches $100k last year but until now, it was not.
I guess, keeping peace in minds never works if we keep seeing on the market trend and I think, that is OP need to do. 

I think we should be used to surprises that cryptocurrency offers from time to time because of the volatility. Each and everyone has their own kind of predictions and speculations on the possible attainable price of bitcoin last year because of the good market flow by the 2nd to 3rd quarter of the year 2021. But yes, we don't have to feel frustrated about it if we are been in this industry for a quite some time and indeed a patience is a virtue and that's one of the core values that every member would like to impart especially to newbies.

[Abiky]

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!

Of course. There's always a possibility for Bitcoin to reach a new All-time-high. High demand and the extremely-limited supply will get us to $75k within the next halving. The reason why Bitcoin isn't worth $75k right now it's because the crypto hype has somewhat faded. People are now focused on other things, leading us to a major depression on crypto market prices.

I'd say this is an opportunity to buy "cheap" Bitcoin before it's too late. Fiat's inflation is on the rise, so it should only be a matter of time before most people "flock" into Bitcoin as a safe-haven asset. With how quickly Bitcoin has grown since day one, I think it'll replace Gold in the future. Remember, patience is key towards long-term success. As long as you're patient, you'll be on a road towards untold riches. Just my opinion

[Falconer]

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.

It was a practical response to answer most of the doubts among people about the bitcoin price. The bitcoin price has been built on the trust of adopters, traders, private investors, institutional investors and others since its early years until now. Patience will only increase the chances of getting a commensurate profit and it is true that bitcoin is not an asset that can make us rich overnight.

I prefer to call it risk management because patience is also included in one of the main points besides analysis, choosing a safe wallet, securing a wallet and so on. I remember early investors getting good returns because they have considered more risk and also have great patience to hold bitcoin long term, so if they can do it in the first place why can't we do it now.

[AakZaki]

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.

The low adoption rate is influenced by the risks involved when using bitcoin. The high volatility makes some countries still think about fully adopting bitcoin. But even so, bitcoin is currently a very valuable digital asset and is capable of becoming a digital asset that has captured the world's attention. Some developing countries regulate bitcoin as a commodity asset and few have adopted it as a legal payment. Only el Salvador implements legal payments using bitcoin and it is an example of a country willing to try new and revolutionary things and make bitcoin a profitable business.

[TheGreatPython]

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.

For sure the cycle is going to repeat itself again after the halving in 2024. But funny enough some people are still going to doubt it, and they will miss the opportunity again. This is not the first time that it was being said, a lot of times it has been repeated, and some people still never listen.

I have been making use of this tactics to make so many profit through Bitcoin, and the bullish period has always been my main time to make serious profits from Bitcoin, starting from the time I started investing. I never missed the 2017 bull run, and I also didn’t miss the bull run that took place 2021. I have also started making my investment now in Bitcoin and a few other coins that I believe would be increasing in value when the time comes, and I’m going to hold them tightly until the bull run arrives.

[isaac_clarke22]

~

When you're thinking about what he said in the OP, it's not actually impatience.  It is more like why people are still into investing in fiats or even centralized stuffs outside crypto.
Government already saw its value and that's why they're trying to regulate it, which is really stupid.
As of writing this, Bitcoin just went past 40k so that's something at least.

[mia_houston]

~

When you're thinking about what he said in the OP, it's not actually impatience.  It is more like why people are still into investing in fiats or even centralized stuffs outside crypto.
Government already saw its value and that's why they're trying to regulate it, which is really stupid.
As of writing this, Bitcoin just went past 40k so that's something at least.

Right now bitcoin has been able to break through the price of $43K, and we hope that the positive trend of bitcoin can continue and be able to break its highest price this year, I think for now we just need to be patient and hope that bitcoin can get a strong price boost again in the market, so it's possible that we'll see a $75K price imminent.

[yat97]

i am thankful its not that yet. i can buy mor half that price almost now. let the rest of us poor measly plebs catch on the back of the train before it takes off! is how i look at it

[Prosector]

People will not be buying bitcoin unless it shoots up a bit again. This is a trading psychology in which people will not buy an asset if its price has gone down. Once it shoots up, people then would not hesitate to invest even bigger amounts. There are also speculations suggesting that bitcoin may now remain within a certain limit.

[Dunamisx]

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.

Though its the principle behind volatility which is a determinant of demand and market supply for bitcoin, the number of coin in circulation, mining and coin burning, whales and hodlers of bitcoin and the current state are also determining factors, this year is another opportunity for bitcoin to set a new record after the bearish move as of recent.

[btc78]

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.

Though its the principle behind volatility which is a determinant of demand and market supply for bitcoin, the number of coin in circulation, mining and coin burning, whales and hodlers of bitcoin and the current state are also determining factors, this year is another opportunity for bitcoin to set a new record after the bearish move as of recent.

But the  question is " would bitcoin really can make another ATH this year of 2022"?

sorry for the question but it seems that there is no good reason for this growth now?> what you think? i am not saying that bitcoin is not worth increasing but what I am saying is not like 2021 that big companies are investing , this year it seems like there are no big adoption coming.

[Emitdama]

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.

Everyone is not the same, not everyone you see has the same reasoning as you. Yes, you see the opportunity in Bitcoin, but not everyone sees that kind of opportunity, because their mentality is different. So, for you as long as you are seeing that opportunity you should always utilize it and make sure that you're making the best of it.

For those who don’t see the opportunity and after they are being told refuses to still see it, then when the consequences comes they will be the one to suffer it. And moreover not everyone is going to benefit from Bitcoin, it’s just going to be a few people, there would be those who would miss it and there would be those who would invest and still lose.

[Wawa2013]

So very lucky for people who can be patient and not panic when Bitcoin drops below $35k price, because now Bitcoin has started
to rise again in price, even Bitcoin is already at $42k. Hopefully the positive movement of Bitcoin can make Bitcoin reach the price of $ 45k this week,
and eventually Bitcoin will continue to rise until the ATH price is reached again.
 

Looking at it now, they would regret selling at a time when bitcoin was down recently. And those who buy I think they will smile, because they have certainly made a profit.
Yes, this is a valuable lesson, patience will bear sweet fruit for those who do it.
And like you, I believe bitcoin will hit a new ATH.

The increase in the price of Bitcoin to the price of $44k certainly makes people happy who have bought Bitcoin at a low price. And make some
people disappointed and regret for selling the Bitcoin they have when the Bitcoin price falls. This Bitcoin price increase also proves that we really
have to be patient when the Bitcoin price drops and don't panic to sell it at a low price. Several times Bitcoin can always recover when the price
drops, so another lesson when the price of Bitcoin drops is that we have to buy as much Bitcoin as we can afford. Like when the price of Bitcoin
fell to $33k, if we bought Bitcoin at that time, then now we can make a profit. But if we want to buy Bitcoin at the current price, it's actually not
a problem, because I believe the price of Bitcoin will continue to rise. So wanting to buy Bitcoin at any price can make a profit, as long as we can
be patient and wait until the target we want is achieved.

[Zanab247]

Yes, there was a massive inflation in some countries right now which many are thinking how to legalized bitcoin in their various country. During the pandemic that took place over two years and some months made bitcoin to perform wonders by pumping through out the period. I guess the price of bitcoin is about to hit back $75k for investors to make a good income from their investment.

[sarmrakib]

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.

I always feel like that .If i had much amount of money i could buy more what i have bough is still not enough .I always though in the past when i was not familiar with btc and crypto that something will really replace on paper money for sure .Now the world are going through it as when we are starting to use it mostly as a currency .However you have said already that the major top currencies are loosing their value gradually but btc are growing as a asset .We can really able to buy it cheap price still ,i think we will not have that price in future .I think he who have much money don't loose your value to keep it on the bank so that you will become poor in the future for sure .Just think how much the value of paper money you use about 10 years ago and compare it on the recent value you can see you have lost enough value of it .So that we need to be more wise and make work our money to become higher value on the future .

[e_abrams]

Personally, I think it is too early to tell. Interest in cryptocurrencies has not waned all that much since then, I believe.
Do you think the pandemic was the main reason why cryptos rallied so much?

[e_abrams]

Frankly, when BTC falls that low it's probably time to buy more rather than sell, but "Buy low and sell high" seems like an easy approach to trading in theory, but it often turns out to be pretty hard to follow in practice.
I know I was near panic too, when it dropped so much.