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

[Zilon]

Bitcoin price rushed too fast last year so was the market capitalization too. To strike a balance between demand and supply in the Bitcoin price might take a process of time. No matter how people switch from fiat to Bitcoin it won't make the price move up so instantaneously because the market moves in two direction up and down and its ATH as at last year was too alarming so expecting a retracement to make a balanced is much expected.

[Luzin]

This is just the beginning of the year and businesses are not that stable for now which is why the market is not also stable. The market is doing well now and I am very certain that with time we are going to exceed $70K which is going to happen soon. The Market is positive and I am looking at more move this new week.  Since the market does not move in a straight line, retracement is a necessity in the market movement.

Today's market looks fun, the market is green again. Actually, the news of the war between Russia and Ukraine had made the fundamentals bad for Bitcoin. Russia is the third largest bitcoin miner. Of course, the fear of a price decline was there. But it doesn't seem to have much effect, today Bitcoin has passed one strong resistance in the $43,500 area. A good start to March, I hope the bulish trend will take place soon.

[Abiky]

A long correction. Not sure how long the correction would loss. But on the other hand, would like to understand the market how it moves. More demand to it increases the price. Whales are now silent accumulating more and thats why the market is slowly moving up? However, its the right time to invest and pile up more bitcoin as well as other crypto currencies. Always, when there is a long correction, there has been a hype followed. Lets wait for it.

Exactly. There's always a long correction after each hype cycle. Anything that goes up has to come down, right? Fortunately, Bitcoin won't dive further in price due to its extremely-limited supply. By combining deflation and high demand, we should be able to see high prices within the not-so-distant future. $75k is nothing if Bitcoin continues to gain traction in the mainstream world. Those who're in a hurry to see a "bullish" Bitcoin are nothing more than newcomers willing to make a "quick buck". The rest of the people (mainly experienced crypto traders and investors) are patiently waiting for Bitcoin to rise back up again in order to reap up huge rewards.

Remember: "Patience is a virtue". As long as you're patient, you'll be able to obtain great results in the future. Who knows if Bitcoin ends up "beating" Fiat for good? Just my thoughts

[BITCOIN4X]

Remember: "Patience is a virtue". As long as you're patient, you'll be able to obtain great results in the future. Who knows if Bitcoin ends up "beating" Fiat for good? Just my thoughts

Patience is the key, it keeps repeating itself but a lot of people can't make it on this investment due to lack of experience, fear of losing or something else. Optimism is necessary but only to the extent of what one can bear to lose. It doesn't matter if they only prioritize short-term profits as long as they make profits because in the long term the price doesn't guarantee everyone can profit if the holder can't keep their wallet safe.

Bitcoin investment is not just about the risk of price volatility but in most cases I think users are also complaining about the security risks they have to face even though in principle it is the fault of the users themselves.

[Oilacris]

Remember: "Patience is a virtue". As long as you're patient, you'll be able to obtain great results in the future. Who knows if Bitcoin ends up "beating" Fiat for good? Just my thoughts

Patience is the key, it keeps repeating itself but a lot of people can't make it on this investment due to lack of experience, fear of losing or something else. Optimism is necessary but only to the extent of what one can bear to lose. It doesn't matter if they only prioritize short-term profits as long as they make profits because in the long term the price doesn't guarantee everyone can profit if the holder can't keep their wallet safe.

Bitcoin investment is not just about the risk of price volatility but in most cases I think users are also complaining about the security risks they have to face even though in principle it is the fault of the users themselves.

Being impatient would only just cause more mistakes on to your current or future trading decisions which it would really be bad on your trading career.Dont hurry up yourself into

seeing with those digits because everything would really come in time and it would really depend on the demand itself because everything could really be that unpredictable.

Lets just wait for the right moment and dont expect that this would be a smooth sail ride.

[OgNasty]

With things like options and derivatives in place now in the Bitcoin ecosystem, it will be much harder for the price to make massive leaps in price. This is because of all the structured investments making small fortunes off small moves. It’s what happens to all markets as they mature and it’s these added levels of stability that make markets more attractive for big players, which ultimately leads to a more slow and sustained rise in price. Many people are calling for an end of the 4-year cycle for this reason. They expect that we have reached the point where Bitcoin is more guided by investment than the reduction of block rewards cycle. That remains to be seen, as so far we appear to be mirroring the cycle fairly well, with the exception of the massive price drawdown where there should have been a bubble. Again, I blame things like options for this.

[willoweb]

The question is not "why?", the question is "when?". Now the whole world is watching the drama in Ukraine. The world economy is in a fever very seriously, and if the war does not end quickly, a crisis is inevitable throughout the world. The question is where will people be saved during this turbulent period? Answer: they will invest in bitcoin not even for profit, but to minimize their losses. Then the price will very quickly go to those levels about which there was a question, and maybe even higher. I think we will see such a situation already during this spring.

[stepwilli]

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.

USD is losing value, EUR is losing value and so as BTC. Bitcoin is not inflationary but it doesn't automatically mean that it'll rise now. There are times that it rises but we should also give way for the dips as it's part of the game. Energy prices are through the roof but what about btc? There's always debate about btc being energy hungry and someone said that the total usage of energy in btc is equivalent to a small country.

This can be one of the reason why btc cant increase and it can go down as someone won't adopt it and someone will quit on it for this reason. Easy to say people must buy btc but where will they get a money? and buying still can't guarantee an increase. Not all knows btc so they use fiat.

[LUCKMCFLY]

Right now it is very difficult for it to reach that price, but it is very likely that it will have that level or more, because the upper ATH is very easy for it to be overcome, however, the BTC whales that are bullish are just preparing and are in mode Hodl taking care of his interests, the truth is that the fundamental ones like war and others like the Covid-19 are the ones that are really there so that at the moment that those dips buy and buy, some actually see this as the best opportunity of their lives. Now considering the war between Russia and Ukraine, it is likely that the BTC will gradually recover, because the problems with fiat money begin, especially the regulations that exist against Russia, the most optimal way to move money right now it's through BTC, or crypto, so these are totally exploitable opportunities and at the same time it could generate a rise in the price of BTC.

[Erumo]

Part of investors is cut off from buying crypto. I am speaking about those who are on Russian territory and are blocked by IP on exchange, or their accounts are switched from SWIFT (cant use card to buy crypto). I dont know the stats, but Russians buy a lot of crypto and are very interested in it (check out their local board here, one of the largest).

[Abiky]

The question is not "why?", the question is "when?". Now the whole world is watching the drama in Ukraine. The world economy is in a fever very seriously, and if the war does not end quickly, a crisis is inevitable throughout the world. The question is where will people be saved during this turbulent period? Answer: they will invest in bitcoin not even for profit, but to minimize their losses. Then the price will very quickly go to those levels about which there was a question, and maybe even higher. I think we will see such a situation already during this spring.

That's the most likely scenario that will take place soon. People will begin to invest into Bitcoin like crazy as the global economy sinks deeper due to the on-going Russia-Ukraine crisis. If Gold reached a little more than $2k for the first time in history, then Bitcoin can do better. It's just that not many people know about Bitcoin. Slowly but surely, we will get there as more people become aware of Bitcoin as an alternative to the current monetary system.

All in all, patience is key in order to see great results in the future. $75k is just the tip of the iceberg as the best is yet to come. Considering that Bitcoin reached new All-time-highs over time, it's probable Bitcoin will go higher in price within 5-10 years from now. Ultimately, it's not about the money but rather the technology. As long as Bitcoin proves to be a decentralized cryptocurrency no one can stop, nothing else matters. Just my opinion

[Smartvirus]

Pretty simple.

1. A lot of people(especially in 1st world countries like the US) are living comfortably thinking they they don't need bitcoin.
2. A lot of institutional money(or people in general) still think that bitcoin is a scam/fad.
3. Still, even today in 2022, only a very small majority of people(and bitcoin holders) actually knows it's importance. Most are here thinking that it's a get-rich-quick scheme.

Very true. I don't see a reason why, bitcoin  should just pump despite the inflation that happens to fiat currencies around the world. The best step towards a more stable price is a gradual shift towards the bears and bulls until. A rushed pump would make it seem like a balloon that is set to burst and would scare away many supposedly investors. People would take profit and you would see it dump quickly as it pumped and that would hurt the currency. Its gradual growth is giving a chance to more and more persons to dive in and for bitcoin to have more used case.

It's surprising how bitcoin has persevered over the years and still, majority of the world still view it for a scam. Well, some were meant to jump on the fun train late and we are sure to hear there sorry stories in the later future.

[Adbitco]

Your pure understanding about Bitcoin is quiet more difference between you and ordinary-man's understanding just as few people have said here and i want to see it as a choice for people to choose whether to buy and hold or to start involving their daily activities with bitcoin like using it for rent a building, or pay rent, transaction, tuition fees, name it all. Until they have a clear understanding on how it works then i don't think they will be open to jump into BTC mostly what happened last year; many of them jump into the market having the mind that it will hit to $100k but it was rather went down which led most of them to panic and pulled out from the market. At this point is not a thing of comparism but it takes gradual processes so let watch how it goes before the year ends.

[Mahanton]

Your pure understanding about Bitcoin is quiet more difference between you and ordinary-man's understanding just as few people have said here and i want to see it as a choice for people to choose whether to buy and hold or to start involving their daily activities with bitcoin like using it for rent a building, or pay rent, transaction, tuition fees, name it all. Until they have a clear understanding on how it works then i don't think they will be open to jump into BTC mostly what happened last year; many of them jump into the market having the mind that it will hit to $100k but it was rather went down which led most of them to panic and pulled out from the market. At this point is not a thing of comparism but it takes gradual processes so let watch how it goes before the year ends.

If you've been here on this market for a while then you wouldnt really be having that kind of behavior on rushing out everything because this isnt how the market works and you
would definitely be aware that this isnt how this market moves easily and it do really surprises out most of the time because bitcoin could reach out ATH's that we dont re ally expect
out.Dont rush up yourself on seeing those numbers because it would really just frustrate you if ever it wouldnt really make out some movement.

[Adbitco]

If you've been here on this market for a while then you wouldnt really be having that kind of behavior on rushing out everything because this isnt how the market works and you
would definitely be aware that this isnt how this market moves easily and it do really surprises out most of the time because bitcoin could reach out ATH's that we dont re ally expect
out.Dont rush up yourself on seeing those numbers because it would really just frustrate you if ever it wouldnt really make out some movement.

I don't really panic over anything about the market so nothing to worry all about as we do have ATH in every year.
Basically i don't keep hyping myself to just see Bitcoin at the price which will led me to lose temper or something else.

[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.

[Reatim]

If you've been here on this market for a while then you wouldnt really be having that kind of behavior on rushing out everything because this isnt how the market works and you
would definitely be aware that this isnt how this market moves easily and it do really surprises out most of the time because bitcoin could reach out ATH's that we dont re ally expect
out.Dont rush up yourself on seeing those numbers because it would really just frustrate you if ever it wouldnt really make out some movement.

I don't really panic over anything about the market so nothing to worry all about as we do have ATH in every year.

Sorry but we do ATH every year? when was the last time that we have reached ATH multiple years? at least give 2 consecutive years that there are ATH?

Basically i don't keep hyping myself to just see Bitcoin at the price which will led me to lose temper or something else.

even if you hype yourself yet Market will show its capacity if worth to hype or not so better do your way to wait and trust the market.

[Sterbens]

If you've been here on this market for a while then you wouldnt really be having that kind of behavior on rushing out everything because this isnt how the market works and you
would definitely be aware that this isnt how this market moves easily and it do really surprises out most of the time because bitcoin could reach out ATH's that we dont re ally expect
out.Dont rush up yourself on seeing those numbers because it would really just frustrate you if ever it wouldnt really make out some movement.

I don't really panic over anything about the market so nothing to worry all about as we do have ATH in every year.
Basically i don't keep hyping myself to just see Bitcoin at the price which will led me to lose temper or something else.

It will come in time, no need to rush. And if you see an increase today, this actually makes the market happy. Regardless of the relationship between the current rise and Elon tweets it has always been a piece of the puzzle that was assembled. Should we take the market when we are bored and then wait for the moment?

I wouldn't trust Elon too much, but on the other hand, he always tries to play around in calm water.

[Etranger]

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.

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.

[btc78]

Bitcoin needs time to recover to such a high price. I think it will be at the end of 2022. But making accurate bitcoin price predictions is very difficult, so I trust these guys.

So you trust that prediction provider? then what is the recovery time according to that site? you should share also the profits given to you trusting that one for time now because i will question your reason by providing that link here now.

If you've been here on this market for a while then you wouldnt really be having that kind of behavior on rushing out everything because this isnt how the market works and you
would definitely be aware that this isnt how this market moves easily and it do really surprises out most of the time because bitcoin could reach out ATH's that we dont re ally expect
out.Dont rush up yourself on seeing those numbers because it would really just frustrate you if ever it wouldnt really make out some movement.

I don't really panic over anything about the market so nothing to worry all about as we do have ATH in every year.
Basically i don't keep hyping myself to just see Bitcoin at the price which will led me to lose temper or something else.

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.