Throwback: Bitcoin was $64k today, a year ago.

[xSkylarx]

Well, just a reminder that it's been one year that has passed and there's going to be more to go and hopefully, we go back to that former price and even higher soon as we know a few years from now, halving is about to come.

Everytime I think of the previous price of Bitcoin, years ago (lowest and ATH), I realized that I made a mistake for not buying before the price drastically increased. It's because of the doubt and fear of losing my money. But as time goes by and witnessing the ups and down, what i'm certain is, whatever price Bitcoin might have right now, it's not permanent.

I'm optimistic Bitcoin will reach (or might surpass) the ATH last year again in the future though it's uncertain when exactly. It could be after halving, only time can tell.

History will repeat itself for sure, but we don't know when. I am sure it will happen in a few years. Bitcoin will again break its multiple ATHs in the near future since this is always happening in bitcoin and it is confirmed when we see the chart, it is almost identical. That is why most experienced traders and long-time holders keep saying that now is the best time to buy and hold bitcoin. Let's see what will happen after the halving of the price that bitcoin could reach at that time.

[Abiky]

History will repeat itself for sure, but we don't know when. I am sure it will happen in a few years. Bitcoin will again break its multiple ATHs in the near future since this is always happening in bitcoin and it is confirmed when we see the chart, it is almost identical. That is why most experienced traders and long-time holders keep saying that now is the best time to buy and hold bitcoin. Let's see what will happen after the halving of the price that bitcoin could reach at that time.

The halving is the only hope we have to see BTC reach a new ATH in price. But that would be subject to global economic conditions. If the global economy worsens by 2024, don't expect Bitcoin to go higher in price anytime soon. We're going to have to wait and see for how long central banks will keep raising interest rates. I'm pretty sure they won't be increasing rates forever since that would cause severe pain to the economy. Once they stop increasing rates (especially The FED), then it's likely the crypto market will turn bullish.

I'd suggest anyone to buy more Bitcoin when the market is in a downslide, to accumulate as much profits as possible when everything goes back up again. This is a once-in-a-lifetime opportunity to become filthy rich. As long as you don't put all of your life savings into Bitcoin, you'll have nothing to worry about. Just my opinion

[Strongkored]

History will repeat itself for sure, but we don't know when. I am sure it will happen in a few years. Bitcoin will again break its multiple ATHs in the near future since this is always happening in bitcoin and it is confirmed when we see the chart, it is almost identical. That is why most experienced traders and long-time holders keep saying that now is the best time to buy and hold bitcoin. Let's see what will happen after the halving of the price that bitcoin could reach at that time.

The cycle always repeats after halving, it will enter a bullish period and BTC will reach the latest ATH after which the market will again enter a bearish period, it's just that last year there were so many predictions that the price could reach $100,000 but it was not achieved so there were those who had not sold it at the highest price last year, I believe that after the 2024 halving Bitcoin will again reach the new ATH, how much is that? don't know. However, those who are patient by continuing to hold it for up to 10 years have seen their BTC increase by hundreds or thousands of percent. always look at history.

[RAppleby]

Although the price of Bitcoin was high a year ago, more and more people have entered the cryptocurrency market this year. Many countries also allow bitcoin payments. Everyone shouted that Bitcoin could reach 100,000, but now it seems that it is not impossible. After the price of Bitcoin rises this time, it has the potential to reach 100,000. Because there are more people using Bitcoin now than last year. Persevere and you will see hope.

[sbrys]

The cycle cannot always repeat. Otherwise in 100 years 1 BTC would be more than the GDP of all countries combined 

Not an exact science I'm stating here but there is always a ceiling...

[NotATether]

Source

Yeah, that's nice and all, but imagine looking at this tweet after 5 years.

[Abiky]

The cycle cannot always repeat. Otherwise in 100 years 1 BTC would be more than the GDP of all countries combined 

Not an exact science I'm stating here but there is always a ceiling...

The sky is the limit to how far Bitcoin will go in price. If it continues to rise in popularity, then the pioneer cryptocurrency would be set to destroy Fiat for good. We're going to have to see how everything will play out as crypto/Blockchain tech matures itself in the mainstream world. I believe Bitcoin will go higher than just $64k per coin, especially when it hasn't reached the world yet. There are a lot of people worldwide who haven't even used Bitcoin before. If we include these people, the price (and market cap) of a Bitcoin would be a lot higher than what it is right now. I'm pretty sure it will be in the "millions" within a couple of years from now.

I'd say the current bear market is the perfect opportunity for you to buy as much Bitcoins as you can for a huge discount. Who knows if buying now will lead you towards untold riches in the future? Just my thoughts

[borovichok]

Source

Yeah, that's nice and all, but imagine looking at this tweet after 5 years.

Bitcoin have made so many people to be balance financially and has also made some loss half of their property if not all their property. Bitcoin is very important in our modern generation, it's very rare to see people not investing their assets in bitcoin, because it's the future and so many hopes depends on it. Bitcoin was $64k a year ago, if invested wisely, some investors would have been smiling by now after pulling their profits off it and some who weren't smart enough would be in big regrets.

[Anguwa]

This isn't sponsored or paid post by Coingecko.

I was just browsing and saw their post on their Facebook page and it hits me after reading it. A throwback Thursday and it's been a year already since bitcoin has reached $64K+ (actually $66k on CMC's chart as for checking it) and there's more to this price because this wasn't the highest. But considering this throwback and this price is closest to the ATH that we've made last year. I'm sure that many will reminisce that moment when you're about to sell but didn't because you think that the price will go higher until you were not able to sell and missed it. And also those that have bought at the top and then has to hold it until now or sold when it's a bit lower to cut losses.

Well, just a reminder that it's been one year that has passed and there's going to be more to go and hopefully, we go back to that former price and even higher soon as we know a few years from now, halving is about to come.


Source

It will actually look very painful for people that buy Bitcoin at a higher price of maybe $50-60k then thinking it will reach $100, if they are still holding it will look somehow as their wallets will be red due to the price of Bitcoin now. But one good thing is that, in two years coming, the story will actually look different because we hope that Bitcoin price will be above $100k then.

[TungTresa]

Most people want more at high prices and less at low prices.
Few people can sell at the highest price and buy at the lowest.

[JoyMarsha]

A year has passed since bitcoin reached its all-time high. I could still picture the joyous party that followed bitcoin's spectacular rise to $100k last year. Everyone was making predictions about how much money their bitcoin investment would yield.

Comparing the price of bitcoin today to the price from a year ago shows that no one can accurately anticipate what the price of bitcoin will be in the future (skyrocket or decrease in price).

However, as we start to move away from the current bearish market and into a closer bull run by 2024, we are unsure of what the coming year will bring for us in the cryptocurrency market. Crossing my fingers until then

[seoincorporation]

A year has passed since bitcoin reached its all-time high. I could still picture the joyous party that followed bitcoin's spectacular rise to $100k last year. Everyone was making predictions about how much money their bitcoin investment would yield.

I feel bad for those who buy in the All-Time High expecting a $100k, I mean, that $100k should happen at any point but it could take some years.

And this time bitcoin is closing the year as a terrible investment, $17k is just too low for what people expected, But the good news is that next year it will have a happy end because it can't crash more and there is only one way to move, and that's the up way. So, let's see how 2023 rolls for Bitcoin.

[lepbagong]

This is the most important thing cryptocurrency market trader's or investors have to know about the all time high ATH, while investing during the Dip, which is now for the bear market to feeling up the bags through buying more Bitcoin as a long term investors.

The last ATH that Bitcoin has made was priced at $68,789 on November 10, 2021 and is by far the highest price that has occurred. You are right that right now it is indeed a bear market situation and this will continue to happen until next year because it is estimated by many economic observers that the world is entering a crisis.
of course a situation like this is indeed very profitable if you have the funds to continue buying and investing in bitcoin, but you must remember that the investment time will be long, so the funds will be absorbed there for a long time.

[xSkylarx]

This is the most important thing cryptocurrency market trader's or investors have to know about the all time high ATH, while investing during the Dip, which is now for the bear market to feeling up the bags through buying more Bitcoin as a long term investors.

The last ATH that Bitcoin has made was priced at $68,789 on November 10, 2021 and is by far the highest price that has occurred. You are right that right now it is indeed a bear market situation and this will continue to happen until next year because it is estimated by many economic observers that the world is entering a crisis.
of course a situation like this is indeed very profitable if you have the funds to continue buying and investing in bitcoin, but you must remember that the investment time will be long, so the funds will be absorbed there for a long time.

And I just remember a lot of newbies jumping into it, and also, the NFT world has risen. I've seen a lot of posts on social media, this time speaking about bitcoin everywhere. It's because of its price, and also, some of my relatives reach out to me asking how they can earn it (easy to ask the question, but the answer is complicated), to which I respond with what the most known to earn or get bitcoin is. Then the small dump came, and I saw many newbies ranting about it and videos talking about its price, like financial advice. I was just shocked that when the price of bitcoin hits its ATH, a lot of people then get interested in it, unlike before.

[tabas]

Although the price of Bitcoin was high a year ago, more and more people have entered the cryptocurrency market this year. Many countries also allow bitcoin payments. Everyone shouted that Bitcoin could reach 100,000, but now it seems that it is not impossible. After the price of Bitcoin rises this time, it has the potential to reach 100,000. Because there are more people using Bitcoin now than last year. Persevere and you will see hope.

The difference this time is that, more newbies have made their research before committing their investment on bitcoin. They want to be sure of it so they did the DYOR thing and that has helped them to buy at the right time which is this time. I'm one that have believed of $100k on the last bull run but I'm not disappointed because I saw how high it reached and I'm willing to wait for the next time to see some peek of it.

The cycle cannot always repeat. Otherwise in 100 years 1 BTC would be more than the GDP of all countries combined 

Not an exact science I'm stating here but there is always a ceiling...

100 years is too long wait and most of us are no longer here. But it's true that cycles aren't identical as they are but most likely, they're close to what it's been in the past.

Yeah, that's nice and all, but imagine looking at this tweet after 5 years.

So true, we'll see. 2 halvings will pass by that time and I'm excited thinking on how high it can be by that time.

It will actually look very painful for people that buy Bitcoin at a higher price of maybe $50-60k then thinking it will reach $100, if they are still holding it will look somehow as their wallets will be red due to the price of Bitcoin now. But one good thing is that, in two years coming, the story will actually look different because we hope that Bitcoin price will be above $100k then.

They've got the paperloss and we don't know if they've sold already at losses. But if they're firm in holding, they have to wait again until the bull run comes back. That's only if they listen to the people who have experienced about the bulls and bears before and what's the best thing to do.

This is the most important thing cryptocurrency market trader's or investors have to know about the all time high ATH, while investing during the Dip, which is now for the bear market to feeling up the bags through buying more Bitcoin as a long term investors.

The known tip we always say, buy the dip or buy when it's low.

A year has passed since bitcoin reached its all-time high. I could still picture the joyous party that followed bitcoin's spectacular rise to $100k last year. Everyone was making predictions about how much money their bitcoin investment would yield.

Comparing the price of bitcoin today to the price from a year ago shows that no one can accurately anticipate what the price of bitcoin will be in the future (skyrocket or decrease in price).

However, as we start to move away from the current bearish market and into a closer bull run by 2024, we are unsure of what the coming year will bring for us in the cryptocurrency market. Crossing my fingers until then

We don't know if bull run will come again by 2024, what we're sure about is that halving will take place by that year and then will be followed by the bull run.
We're lucky if we actually see it followed on the same year but most likely, the predictions again are telling that the bull run might happen by 2025. We're all speculators on this speculative market. 

[AmoreJaz]

This is the most important thing cryptocurrency market trader's or investors have to know about the all time high ATH, while investing during the Dip, which is now for the bear market to feeling up the bags through buying more Bitcoin as a long term investors.

The last ATH that Bitcoin has made was priced at $68,789 on November 10, 2021 and is by far the highest price that has occurred. You are right that right now it is indeed a bear market situation and this will continue to happen until next year because it is estimated by many economic observers that the world is entering a crisis.
of course a situation like this is indeed very profitable if you have the funds to continue buying and investing in bitcoin, but you must remember that the investment time will be long, so the funds will be absorbed there for a long time.

And I just remember a lot of newbies jumping into it, and also, the NFT world has risen. I've seen a lot of posts on social media, this time speaking about bitcoin everywhere. It's because of its price, and also, some of my relatives reach out to me asking how they can earn it (easy to ask the question, but the answer is complicated), to which I respond with what the most known to earn or get bitcoin is. Then the small dump came, and I saw many newbies ranting about it and videos talking about its price, like financial advice. I was just shocked that when the price of bitcoin hits its ATH, a lot of people then get interested in it, unlike before.

such question is really hard to answer as there's more than meets the eyes in this market. most of them are getting interested because they are thinking that this is their ticket to being rich. but it is not. would be better if they need to equip themselves with some information or at least educate themselves with the risks involve in this market. they should understand that it is not all profits that they will get here but should expect losses esp if you are a newcomer on this industry.

[KennyR]

These incidents paved path for more common people to get into the market. Same didn't last for longer time period and we can't be sure of the Market to be bullish forever. The real growth is happening, and we're experiencing the bear market for now. The transition from the bear market will happen at the earliest.

[nullama]

These incidents paved path for more common people to get into the market. Same didn't last for longer time period and we can't be sure of the Market to be bullish forever. The real growth is happening, and we're experiencing the bear market for now. The transition from the bear market will happen at the earliest.

Many people want to have quick returns. One year seems like a lifetime for some, but for Bitcoin that's still short term.

We live in a society now that has very short attention span, but if you learn to be consistent over long periods of time, then you will probably benefit from Bitcoin.

If you can delay gratification for, say, a decade, then you will most definitely will be able to grow a reasonable amount of money in Bitcoin.

The issue for some is that they want to trade in and out of Bitcoin with fiat in a matter of weeks and expect to keep getting more and more money from it somehow. The reality is that exchanges make their fortunes from those people.

[Abiky]

I feel bad for those who buy in the All-Time High expecting a $100k, I mean, that $100k should happen at any point but it could take some years.

And this time bitcoin is closing the year as a terrible investment, $17k is just too low for what people expected, But the good news is that next year it will have a happy end because it can't crash more and there is only one way to move, and that's the up way. So, let's see how 2023 rolls for Bitcoin.

The FTX collapse set the crypto industry back a few years, so it's going to take quite a long time before BTC goes all the way to $100k per coin. Many are panicking thinking it's the end of crypto. But let me tell you there's more to Bitcoin than meets the eye. This is a once-in-a-lifetime opportunity to grab as much coins as you can for a steep discount. Once the tide is over, Bitcoin may never go below $20k again.

Remember, wealth is built during bear markets (not the other way around). I'm pretty sure Bitcoin will make a comeback sooner than later. Who knows if BTC goes even higher than just $100k sometime in the future? Just my thoughts

[savetheFORUM]

The FTX collapse set the crypto industry back a few years, so it's going to take quite a long time before BTC goes all the way to $100k per coin. Many are panicking thinking it's the end of crypto. But let me tell you there's more to Bitcoin than meets the eye. This is a once-in-a-lifetime opportunity to grab as much coins as you can for a steep discount. Once the tide is over, Bitcoin may never go below $20k again.

Remember, wealth is built during bear markets (not the other way around). I'm pretty sure Bitcoin will make a comeback sooner than later. Who knows if BTC goes even higher than just $100k sometime in the future? Just my thoughts

Why the FTX collapse only? Don't forget before it, we already have wars, other economic crises and then the main thing would be the bear market. The price fell down and it made it look like we are back at the early years of BTC but it didn't take away our progress. The people's awareness about BTC is still twice bigger than what we have on the past. Most of them will re-enter BTC again once some things have sorted out.

This is why I do not think it will take time before we recover to our last ATH and after it, we will slowly create a brand new ATH. We will soon get to that $100k most of us are assuming of but for now, all must prepare a fund for stacking more coins.