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

[Altryist]

Lack of money is one reason. Basic thinks' price went up but the earnings / income is less and unable to have extra amount in hand to invest in BTC though being very confident in BTC return. People who are rich, holding themselves back from investing more on btc seeing its current market move. This would be another reason. But when compared to 2020, number of investors have increased

This is logical, not everyone will invest in bitcoin, just as not all people invest in gold, silver, real estate or stocks. Everyone chooses for himself what to invest in, but you are right, there are more and more investors who want to invest in bitcoin. I think a lot of volatility is still holding back a lot of people. The situation may change when the price of bitcoin becomes more stable.

[JahriMeayer]

There's so many reason, can be considered behind
1. People need fiat to buy things for daily usages, regularly.
2. Government spread negativities about bitcoin as they know they could never control it.
3. Hacker hacked exchanges, institutions and took bitcoin! That might be make people afraid about using bitcoin.
4. Life goes well in reality. They prefer invest on real life business where they've experience cause bitcoin is unknown

[JohnBitCo]

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.

Right now there still are too many things going on: covid is not done yet, prices are going up, uncertainty because of the war... Many people are still struggling to get to the end of the month or simply filling their tank, I can understand why bitcoin doesn't seem to be a priority right now, even though it's actually a great moment to accumulate.

Lack of money is one reason. Basic thinks' price went up but the earnings / income is less and unable to have extra amount in hand to invest in BTC though being very confident in BTC return. People who are rich, holding themselves back from investing more on btc seeing its current market move. This would be another reason. But when compared to 2020, number of investors have increased

Give some time and it will reach $75,000 but is $75,000 the ultimate target of bitcoin? For sure, No. Bitcoin is meant to cross 100,000$ and even more but this will not happen quickly. We need a lot more awareness and adoption for this to happen. Also, we need new retail and investors to enter in this market. Without the new money injecting in and without the increase in crypto marketcap, such big figures like a hundred thousand dollars will look like a dream.

[CDC AP]

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.

[Maestro75]

There's so many reason, can be considered behind
1. People need fiat to buy things for daily usages, regularly.
2. Government spread negativities about bitcoin as they know they could never control it.
3. Hacker hacked exchanges, institutions and took bitcoin! That might be make people afraid about using bitcoin.
4. Life goes well in reality. They prefer invest on real life business where they've experience cause bitcoin is unknown

All this points you mentioned are now in the past. They are no longer factors that get traders scared. The Russia war with Ukraine is making bitcoin gain alot of demand as Ukraine is getting donations in bitcoin and other altcoins. No government is spreading negative news about bitcoin now as everyone of them is focused on the war and covid19 outbreak. Again, bitcoin is not unknown as you said. It has been around for over a decade. It is because of its popularity that panicked government to ban it in the past. You can not ban or be scared of what is unknown, will you? Bitcoin is well known in the world today.

[riso2015]

We have to be patient and don't be in a hurry, we have to reflect on 10 years ago, where bitcoin had absolutely no value, even most people hesitate to enter the world of bitcoin, for fear of new things, because most people think this is a scam, but as time goes by the price of bitcoin is increasing, and everyone is flocking to the world of bitcoin, even last february the price of bitcoin broke through $ 58,000, so if you ask why the price of bitcoin bitcoin has not penetrated the $ 75,000 mark, maybe my answer is because people still doubt about bitcoin, and people are still looking for a safe place, and still choosing banks as a safe place for them to keep their money.

[Ale88]

Give some time and it will reach $75,000 but is $75,000 the ultimate target of bitcoin? For sure, No. Bitcoin is meant to cross 100,000$ and even more but this will not happen quickly. We need a lot more awareness and adoption for this to happen. Also, we need new retail and investors to enter in this market. Without the new money injecting in and without the increase in crypto marketcap, such big figures like a hundred thousand dollars will look like a dream.

Let's not forget that bitcoin will increase its value also because the dollar (and fiat in general) will keep losing value because of inflation. So it will be easier to see new ATH but at the same time will be able to purchase less. But until when we don't change bitcoin for fiat is not actually a problem, at the end 1 BTC = 1 BTC

[n0v41337]

Despite a big drop in the price of BTC to its all time high of $68,789.63, the number of unique addresses still stayed the same, suggesting that people are willing to hold or invest in BTC at the current time. This shows a strong level of confidence in BTC, which is gradually increasing in value. If we take into account all the good things Bitcoin has to offer, I think the $75K price will be only a drop in the bucket once Bitcoin enters the mainstream. Anyone new to this field is sure to be influenced by now or then. A high market dominance allows BTC to run for a long time, so we're waiting for that.

[LUCKMCFLY]

We have to be patient and don't be in a hurry, we have to reflect on 10 years ago, where bitcoin had absolutely no value, even most people hesitate to enter the world of bitcoin, for fear of new things, because most people think this is a scam, but as time goes by the price of bitcoin is increasing, and everyone is flocking to the world of bitcoin, even last february the price of bitcoin broke through $ 58,000, so if you ask why the price of bitcoin bitcoin has not penetrated the $ 75,000 mark, maybe my answer is because people still doubt about bitcoin, and people are still looking for a safe place, and still choosing banks as a safe place for them to keep their money.

You are right, also that for us to see BTC at $75k it can happen at any time, I dare to say that we have not touched that price range for the simple fact that it is the fundamental of the war, and I think that until it is normalize the situation or at least not reach a diplomatic agreement between the countries will have a slowing effect of the price of BTC going up as we are expecting it, in fact I think that when it goes up, $75k will not be the limit, it will be much more of it , maybe close to $100k. Of course this is just speculation, but it is no secret to anyone that anything can happen in this world situation, and the market moves according to many things, but one of the most influential is emotions.

[Questat]

We have to be patient and don't be in a hurry, we have to reflect on 10 years ago, where bitcoin had absolutely no value, even most people hesitate to enter the world of bitcoin, for fear of new things, because most people think this is a scam, but as time goes by the price of bitcoin is increasing, and everyone is flocking to the world of bitcoin, even last february the price of bitcoin broke through $ 58,000, so if you ask why the price of bitcoin bitcoin has not penetrated the $ 75,000 mark, maybe my answer is because people still doubt about bitcoin, and people are still looking for a safe place, and still choosing banks as a safe place for them to keep their money.

You are right, also that for us to see BTC at $75k it can happen at any time, I dare to say that we have not touched that price range for the simple fact that it is the fundamental of the war, and I think that until it is normalize the situation or at least not reach a diplomatic agreement between the countries will have a slowing effect of the price of BTC going up as we are expecting it, in fact I think that when it goes up, $75k will not be the limit, it will be much more of it , maybe close to $100k. Of course this is just speculation, but it is no secret to anyone that anything can happen in this world situation, and the market moves according to many things, but one of the most influential is emotions.

From what I noticed in the past when people are not thinking of a bull run because they are tired of waiting and have been victims of many bull traps, that's the time when the bull run will come. If you remember the bull run in 2021, I'm pretty sure most of us did not expect that to happen because that was the time when people are struggling financially due to the pandemic.

[mildmanneredsuffering]

is bitcoin a honey trap to decimate people fleeing the jewish crime spree at wall street. Is it a coin counting algorithm that drops its value when you buy and raises when you sell. is adam back programming market making exe's?  

Bitcoin always crashes every week and sometimes everyday. make sure you tell people they will absolutely lose money trying to buy bitcoin on any short term, cause we all know that is fact for ever and since day 1 bitcoin is worth less than you think.

2010 oh look i mined bitcoin , hmm its worthless.

2021 ok cant mine it without $1,000,0000 of shitty 3000watt asics, i tried again to buy bitcoin, oh look hmm its worth less

fuck you bitcoin kikery negrorfest of relentless crashing

[Abiky]

Let's not forget that bitcoin will increase its value also because the dollar (and fiat in general) will keep losing value because of inflation. So it will be easier to see new ATH but at the same time will be able to purchase less. But until when we don't change bitcoin for fiat is not actually a problem, at the end 1 BTC = 1 BTC

Inflation will lead us to $75k faster than you could imagine. It's not a matter of "IF" Bitcoin will reach $75k, but rather "WHEN" it'll reach such a high price on the market. Experts predict Bitcoin will be worth more than that in the future due to the ever-increasing demand and limited availability in the cryptocurrency's supply. If I were you, I'd buy BTC while it's below $75k. Accumulating as much BTC as you can before the "pump" occurs, may be the wisest decision to make.

Ultimately, it's not about the price but rather Bitcoin's usefulness. As long as it works as intended, nothing else matters. Just my opinion

[bitzizzix]

If your goal is to own bitcoin for the long term, bitcoin will reach that price and even exceed it, many predict that the price of bitcoin in the future will be much higher because they see adoption growth will continue to increase and continue to grow every year which I think will continue sustainable.
bitcoin is difficult to predict by any means even from its footprint, and what can move the price of bitcoin is demand growth as well as positive news to convince more people to get involved.
bitcoin will definitely move above the previous ATH price and continue like that and it's only a matter of time because in the long term believe it will definitely happen even if you have to wait a long time. It takes strong patience and taking advantage of every decline that occurs is the right choice to produce perfect results in the future.

[fakecryptsynagger]

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.

It's a opportunity ✨
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Oil marketing & daily consumption hit altime lower in history.
Demand disappeared overnight .
Some smart young guys understand the energy Markets.
WTI hit negative future contracts  .
Negative oil wti new = https://youtu.be/38VVLwKbcuM
On buying making money , + when market back in stability
( Now they are selling  ) more capital rush in
 Video link full story https://youtu.be/F7_WXUMFM_w

[lienfaye]

Let's not forget that bitcoin will increase its value also because the dollar (and fiat in general) will keep losing value because of inflation. So it will be easier to see new ATH but at the same time will be able to purchase less. But until when we don't change bitcoin for fiat is not actually a problem, at the end 1 BTC = 1 BTC

Inflation will lead us to $75k faster than you could imagine. It's not a matter of "IF" Bitcoin will reach $75k, but rather "WHEN" it'll reach such a high price on the market. Experts predict Bitcoin will be worth more than that in the future due to the ever-increasing demand and limited availability in the cryptocurrency's supply. If I were you, I'd buy BTC while it's below $75k. Accumulating as much BTC as you can before the "pump" occurs, may be the wisest decision to make.

Ultimately, it's not about the price but rather Bitcoin's usefulness. As long as it works as intended, nothing else matters. Just my opinion

We'll definitely see Bitcoin climb up to $75k price or even higher but there's a perfect time for this and we cant certainly predict when it will going to happen, it might take months or few years. Thus we need to be patient if we truly believe Bitcoin can go higher and soon will recognize by more people as an alternative to fiat. If this happened then we can expect the price to soar high because of the demand. You're right, lets just take advantage the price and buy while its not so expensive. We dont know what lies ahead but its better do it now if we dont want to have a regrets later for not accumulating.

[Vaskiy]

Let's not forget that bitcoin will increase its value also because the dollar (and fiat in general) will keep losing value because of inflation. So it will be easier to see new ATH but at the same time will be able to purchase less. But until when we don't change bitcoin for fiat is not actually a problem, at the end 1 BTC = 1 BTC

Inflation will lead us to $75k faster than you could imagine. It's not a matter of "IF" Bitcoin will reach $75k, but rather "WHEN" it'll reach such a high price on the market. Experts predict Bitcoin will be worth more than that in the future due to the ever-increasing demand and limited availability in the cryptocurrency's supply. If I were you, I'd buy BTC while it's below $75k. Accumulating as much BTC as you can before the "pump" occurs, may be the wisest decision to make.

Ultimately, it's not about the price but rather Bitcoin's usefulness. As long as it works as intended, nothing else matters. Just my opinion

We'll definitely see Bitcoin climb up to $75k price or even higher but there's a perfect time for this and we cant certainly predict when it will going to happen, it might take months or few years. Thus we need to be patient if we truly believe Bitcoin can go higher and soon will recognize by more people as an alternative to fiat. If this happened then we can expect the price to soar high because of the demand. You're right, lets just take advantage the price and buy while its not so expensive. We dont know what lies ahead but its better do it now if we dont want to have a regrets later for not accumulating.

There is increasing demand for bitcoin in all means. Starting from the days of covid-19 the participation of common people into cryptomarket have increased drastically. This has happened as a result of people staying within the home looking for opportunities to make additional money to tackle the situation during which a lot of job loss took place. With time the adoption rate has increased and every factor indicate and assure the increase in the price. However we can't make a strong prediction on the timeline by which the price will reach the mentioned price.

[Shasha80]

Let's not forget that bitcoin will increase its value also because the dollar (and fiat in general) will keep losing value because of inflation. So it will be easier to see new ATH but at the same time will be able to purchase less. But until when we don't change bitcoin for fiat is not actually a problem, at the end 1 BTC = 1 BTC

Inflation will lead us to $75k faster than you could imagine. It's not a matter of "IF" Bitcoin will reach $75k, but rather "WHEN" it'll reach such a high price on the market. Experts predict Bitcoin will be worth more than that in the future due to the ever-increasing demand and limited availability in the cryptocurrency's supply. If I were you, I'd buy BTC while it's below $75k. Accumulating as much BTC as you can before the "pump" occurs, may be the wisest decision to make.

Ultimately, it's not about the price but rather Bitcoin's usefulness. As long as it works as intended, nothing else matters. Just my opinion

We'll definitely see Bitcoin climb up to $75k price or even higher but there's a perfect time for this and we cant certainly predict when it will going to happen, it might take months or few years. Thus we need to be patient if we truly believe Bitcoin can go higher and soon will recognize by more people as an alternative to fiat. If this happened then we can expect the price to soar high because of the demand. You're right, lets just take advantage the price and buy while its not so expensive. We dont know what lies ahead but its better do it now if we dont want to have a regrets later for not accumulating.

If we look at the history of Bitcoin price movements since entering the market until now, which always reaches new ATH, I really believe the target of
$ 75k can be achieved. But the problem is that no one knows when Bitcoin will reach $75k, it might be achieved this year, or maybe next year and
it could also be achieved 3 years from now. It is very difficult to accurately predict where Bitcoin will move, I take the example of many people
predicting the price of Bitcoin will reach the price of $100k at the end of 2021, but the fact is Bitcoin failed to reach the price of $100k.
But it doesn't make a demand against Bitcoin decreases, there is a demand for Bitcoin continues to increase. This means we don't have to worry
about when our target is achieved, most importantly we just focus on collecting Bitcoin, if in the end our target is reached or Bitcoin reaches
a price of $75k we already have large amounts of Bitcoin.

[MinMan]

If your goal is to own bitcoin for the long term, bitcoin will reach that price and even exceed it, many predict that the price of bitcoin in the future will be much higher because they see adoption growth will continue to increase and continue to grow every year which I think will continue sustainable.
bitcoin is difficult to predict by any means even from its footprint, and what can move the price of bitcoin is demand growth as well as positive news to convince more people to get involved.
bitcoin will definitely move above the previous ATH price and continue like that and it's only a matter of time because in the long term believe it will definitely happen even if you have to wait a long time. It takes strong patience and taking advantage of every decline that occurs is the right choice to produce perfect results in the future.

It won't take any longer till we see that price. I can sense that within this month bitcoin will now be at 60k or more but of course it is much better to continue holding your bitcoins to achieve more profits and you should only sell when price hits 100k, as that is a big achievement already then after that maybe you can start buying again and increase your price target the next time, it can be higher than 100k.

Bitcoin can surpass an old ATH but no it doesn't stays or continues like that but in this market there's also what we call a bear or a correction apart from the bulls so the price will always find its way to go down whether you like it or not.

[STT]

The USD is losing value.

It really isnt, thats the big flaw with your reasoning and perspective most likely.   Dollar is king and fact that BTC is this high still is admirable.    I wont speak any defense for the Dollar because its likely the most overvalued currency to ever exist as world currency but it is being used for that purpose and thats the reality right now.   There is only 1 super power nation in the world and thats USA,  Dollar is a very influential currency and vital if you want to trade with the rest of the world properly and with fair market prices.   Thats important because this world is a global economy now, the local price for goods isnt half as high as markets far away from the source.  
  So right now Dollar compared to other currencies is overly strong, vs real value I tend to agree you but we're talking finance so its about all the currencies used not real goods so much.   EURO is really not in a good place, their bank has done some extremely biased political actions to prop up Italian debt and all kinds of things to help governments over the people who might live there.   YEN is horribly undermined also, technically they can collapse if it werent for QE.  All the components indexed vs Dollar are weak hence any price in Dollar is now suffering some pressure in that higher demand for Dollar.

[Abiky]

It really isnt, thats the big flaw with your reasoning and perspective most likely.   Dollar is king and fact that BTC is this high still is admirable.    I wont speak any defense for the Dollar because its likely the most overvalued currency to ever exist as world currency but it is being used for that purpose and thats the reality right now.   There is only 1 super power nation in the world and thats USA,  Dollar is a very influential currency and vital if you want to trade with the rest of the world properly and with fair market prices.   Thats important because this world is a global economy now, the local price for goods isnt half as high as markets far away from the source.
  So right now Dollar compared to other currencies is overly strong, vs real value I tend to agree you but we're talking finance so its about all the currencies used not real goods so much.   EURO is really not in a good place, their bank has done some extremely biased political actions to prop up Italian debt and all kinds of things to help governments over the people who might live there.   YEN is horribly undermined also, technically they can collapse if it werent for QE.  All the components indexed vs Dollar are weak hence any price in Dollar is now suffering some pressure in that higher demand for Dollar.

Dollar is still king, probably because no other currency in the world has the same strength and widespread recognition worldwide. Despite ever-rising inflation, the US Dollar's position as the reserve currency of the world has remained untouched. Unless the US economy sinks to a point where there's no recovery, I don't see the USD being replaced anytime soon.

The reason why BTC isn't valued at $75k yet is simply because not many people know about it. That, and the fact, that mainstream media and haters are doing their job to spread FUD, prevents prices from going any higher within the short term. There's also the Russia-Ukraine crisis which severely affects global market prices of both stocks and cryptocurrencies. Sooner or later, Bitcoin will reach more than $75k due to the way it was designed (with deflation in mind). The higher the inflation for USD is, the higher the chances for BTC to increase in price will be. I'm in no hurry of seeing this become a reality as long as Bitcoin works as intended. Remember, BTC is not about making money but rather serving as an alternative financial system for day-to-day payments. As long as decentralization wins, nothing else matters. Just my opinion