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Question: BTC is $50k today, what's your projection from here.
BTC will progress from $50k to bull run - 19 (61.3%)
BTC will fall below $50k before bull run - 12 (38.7%)
Total Voters: 31

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Author Topic: Hey! it's $50k today.  (Read 1015 times)
ScamViruS
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March 01, 2024, 04:59:57 PM
 #81


Well, you know how it goes in crypto - it's always a wild ride! I'll admit, when everyone starts freaking out about the latest peak or predicting we'll hit the moon, sometimes it feels like folks forget about that whole buy the dip thing.  Sure the drops can be scary, but hey, maybe theyre just chances to get better prices, right?  

Anyway as for Bitcoin hitting 100k - who's to say? Could happen faster than any of us expect, or it might take some time.  Just need to try and enjoy the journey, and not get too hypnotized by the hype trains.
The way Bitcoin is currently in an uptrend in the market was unexpected by many traders, as a result of which many are now expecting more uptrends. The way bitcoin recovered from the dump after the ETF approval and started a massive bull run, so that now when bitcoin goes to $100k it will be surprisingly before normal traders realize anything. Bitcoin is now in a range where Bitcoin can go in any direction from here.

However, the way ETFs are buying Bitcoin so that the huge demand for Bitcoin in the market has increased more than the supply, so the uptrend of Bitcoin can be expected, but a correction is also expected because such a large uptrend has been without any kind of correction.

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March 01, 2024, 07:21:20 PM
 #82

Unexpected price increase. It's worth it for me to say who told Bitcoin to rise to $9,000, almost $10,000 if calculated from $55,000 or $56,000 in a matter of hours, even famous people who often appear on international television shows like Jim Cramer couldn't stop it.
ATH is just around the corner. Congratulations to the holders.
It is hoped that an exciting February can apply to the same atmosphere in March.

Basically, the big increase at the end of February was anticipated by many people. It's just that some of us are not very optimistic about the $60k to $64k touched yesterday. Now many people seem optimistic when they know that the $69k figure is getting closer and this looks very real if this positive trend persists until mid-March.
You mean they already know that at the end of February there will be a big increase. If true, they are very good at reading opportunities. I don't think everyone has the view to anticipate that there will be a big increase at the end of February except for a few or a small number who still think about the possibility.

Being able to stay at $60k in March before the halving is already very great in my opinion for the market. After the halving there was another high rise, which I think most investors were expecting.
The price increase that occurred at the end of February was perhaps beyond many people's predictions, so some of them were not ready, so by maintaining the price of $60k in March, they can prepare themselves to welcome the price that will pass the previous ATH, even though market price rises and falls, there is no such thing as announcement.

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Marvelman
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March 01, 2024, 07:46:02 PM
 #83


Well, you know how it goes in crypto - it's always a wild ride! I'll admit, when everyone starts freaking out about the latest peak or predicting we'll hit the moon, sometimes it feels like folks forget about that whole buy the dip thing.  Sure the drops can be scary, but hey, maybe theyre just chances to get better prices, right?  

Anyway as for Bitcoin hitting 100k - who's to say? Could happen faster than any of us expect, or it might take some time.  Just need to try and enjoy the journey, and not get too hypnotized by the hype trains.
The way Bitcoin is currently in an uptrend in the market was unexpected by many traders, as a result of which many are now expecting more uptrends. The way bitcoin recovered from the dump after the ETF approval and started a massive bull run, so that now when bitcoin goes to $100k it will be surprisingly before normal traders realize anything. Bitcoin is now in a range where Bitcoin can go in any direction from here.

However, the way ETFs are buying Bitcoin so that the huge demand for Bitcoin in the market has increased more than the supply, so the uptrend of Bitcoin can be expected, but a correction is also expected because such a large uptrend has been without any kind of correction.

Yeah, that bounce back was kind of nuts after the ETF thing.  I don't think anyone saw that major recovery coming so fast.  Now folks are absolutely freaking trying desperately to grab the next wave up before we blast past 100k and they miss their chance. 

But check this - this insane climb has been mad vertical without any real chance to catch our breath. and  Sure, all these ETFs buying in creates a ton of demand, pushing the price up.  Still, when you spike too quick like this you know a correction ain't far behind.

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March 01, 2024, 10:54:05 PM
 #84

Yeah, that bounce back was kind of nuts after the ETF thing.  I don't think anyone saw that major recovery coming so fast.  Now folks are absolutely freaking trying desperately to grab the next wave up before we blast past 100k and they miss their chance.  

But check this - this insane climb has been mad vertical without any real chance to catch our breath. and  Sure, all these ETFs buying in creates a ton of demand, pushing the price up.  Still, when you spike too quick like this you know a correction ain't far behind.
Now nobody wants to miss the next $100k target, thereby increasing the buying pressure in the crypto market. When Bitcoin reached 64k a few days ago, there was so much traffic coinbase crashed due to heavy traffic., and because of coinbase crash, Bitcoin also made a correction very quickly and is now at 62k level. This means that there is still a lot of potential in the market to achieve a new ATH quickly as demand increases, with big players entering the market that will push Bitcoin far ahead. I hope to see Bitcoin reach that $100k target soon, everyone's dream come true.

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March 01, 2024, 11:45:21 PM
 #85

Flag on the daily bars now which is bullish, apprehension would be fair if we trade below 61111 and fail to recover that level.   A break of the flag to the downside would open up negative perspective but until that point stay bullish is fair game at this point in time.    BTC remains bullish on multiple time frames which means betting against it is still the most painful course in the majority of cases, we can definitely pullback but when its been so positive its best not to stand in the way and risk getting trampled.
 
I was still thinking of 58k as possible but its failed to push back that far, yesterday came to 60k nearly but not quite and its only registered a higher low or step higher in retrospect.  We have to take the BTC price action as positive and continuing to act in that way till proven otherwise.

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March 02, 2024, 12:03:58 AM
 #86

yes I can see the impact of the ETF approval, even now BTC price is at $62k. ETFs are approved and the halving is getting closer making the positive trend even stronger. I think for now there is little chance of a correction because this positive trend will continue until the halving.

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March 02, 2024, 01:19:19 AM
 #87

We have seen the Bitcoin market grow rapidly overnight, and its value will reach a peak of $64,000 in 2024. Although the market has changed a lot since the beginning of the year, we can expect Bitcoin to rise even higher in the coming days. Bitcoin price is still fluctuating between $62k dollars according to the current market and will pump more soon. And I think the market will be more bullish next month because the bitcoin halving is very close, which is why the bitcoin market has become so much like a bull run. And next month of course I think Bitcoin price will go higher and touch $70,000.

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March 02, 2024, 06:55:23 AM
 #88

It is very likely that there will be a new Ath after the post-halving occurs, and this could be a new history of the revival of Bitcoin prices experiencing quite a sharp increase again.  After that the price movement is considered stable after a sharp increase in the next few months, futures trading activity will increase due to the enthusiasm of people who are tempted to make profits by taking advantage of the existing situation.
Almost touched $64K, but it couldn't materialize. Instead it fell to $61K, and it looks like the movement will continue in that price range.
If this happens, it can reach $64K, then it is possible that the ATH in 2021 will be surpassed because the current trend in Bitcoin is clearly eager to continue to increase. I think the increase will be very sharp and will be possible later after the halving period has passed. This alone before the halving period is already a surprise.
But you have to keep in mind that usually after the start of the halving period there will be a correction first. Will that actually happen? Or is it actually continuing to increase!!! Everyone will, of course, take advantage of something like this, but those who have already invested, of cours

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March 02, 2024, 08:15:17 AM
 #89

In my opinion, the potential for bitcoin price increases will continue, especially since the bitcoin price is currently trading in the $62k-$63k range. It seems unlikely that bitcoin price will drop below $50k at least before the halving occurs. Because I believe the potential increase in bitcoin prices this year will at least reach $80k which is the new ATH level. Therefore, HOLD will always win.

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March 02, 2024, 10:15:00 AM
 #90

In my opinion, the potential for bitcoin price increases will continue, especially since the bitcoin price is currently trading in the $62k-$63k range. It seems unlikely that bitcoin price will drop below $50k at least before the halving occurs. Because I believe the potential increase in bitcoin prices this year will at least reach $80k which is the new ATH level. Therefore, HOLD will always win.

It is very possible for BTC to reach $80k and I think that is reasonable for now, but if demand continues to come from both individuals and institutions in particular, then the price pressure will increase accordingly, but the worry is the birth. the issue of negative sentiment amidst enthusiasm will make investors think again.

What is certain is that as an investor, anyone must really understand which part we will take so that in the future we get maximum returns and minimal risks. Holding on to BTC might be very appropriate and it is common knowledge, in my opinion, it's just that our ability to survive is always a mystery because human nature can change at any time, this is what makes our investments always fluctuate and inconsistent.

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March 02, 2024, 12:48:40 PM
 #91

The momentum is definitely there for higher prices including $80k and based on previous movements over the past decade we know that whenever major resistances SPECIALLY previous ATH prices are broken (ie. $70k) the momentum grows even bigger in a short time after.

For example in the previous full cycle (ie. 2017) the previous ATH of that time used to be $1200 ish, when it was broken on March 2017, there was a panic sell that didn't last that long. In less than 2 months price had gone up 100% to $2400 (early May).

We are in March 2024 now! If we see the previous ATH broken at $70k and the same pattern repeats price should be $140k by May Wink

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March 05, 2024, 06:01:25 AM
 #92

Looks like the poll should be stopped because it is biased answer or votes that we can gather knowing that bitcoin have already crossed 61k and still getting higher each time now.

I did not cast my vote because of unfair result but what I wanted to say is that I am positive that Bitcoin will continue crossing 65k anytime sooner.

The next halving is soon to come if we continue this growth then we are breaking another record of gaining while before halve?
The Bitcoin market has shown a clear sign of a positive outlook and not stopping anytime soon because even when the price tried to break below $60k severally it has rebound back amd it price is targeting 70k already and if this continues, we may see a non stop uprising market up until before bitcoin halves, although what we are seeing right now is as a result of bitcoin ETF where they're been alot of buy other much more that sell and the traders are in most bullish spirit because no one want to sell below the current price before the halves and if the price continued to sustain the current level it may keep at this and not going below even if it doesn't break the record ATH.
I think that is the ETF that makes this market flowing this high .

now that bitcoin almost broken ATH(because it falls before it take the price) I believe that we will be seeing 70k finally in the next coming days as there are a small correction just happening now.









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March 05, 2024, 07:41:44 AM
 #93

Unexpected price increase. It's worth it for me to say who told Bitcoin to rise to $9,000, almost $10,000 if calculated from $55,000 or $56,000 in a matter of hours, even famous people who often appear on international television shows like Jim Cramer couldn't stop it.
ATH is just around the corner. Congratulations to the holders.
It is hoped that an exciting February can apply to the same atmosphere in March.
Have just tasted the fruit now mate as I have taken my profit for months of holding(actually just sold small amount of my total holding now) so I have something to spend for this celebration , did not expect that bitcoin will rose up to 60k this early ,i thought we will be enough for 50k and now here we are having the best days after 2023 bad year.
For months holding it is still the standard because many people choose to stay like that so they should be grateful for the price increase which in some countries has felt like an ATH in Bitcoin prices with each country's currency exchange rate.
Even though there is still some that you hold, hold on to it until the Bitcoin price passes the previous ATH which occurred about 2 years ago.
This post is short, but I think it is very meaningful.
that is short term holding mate and i believe 4 months is not that enough when we are calling for long term HOLDING .
there are many of us here that have HODL for year or more and this is the reason why I am selling to taste the fruit of my holding.
but of course I leave big percent of my funds inside my holding.









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March 05, 2024, 10:00:39 AM
 #94

~snip~
that is short term holding mate and i believe 4 months is not that enough when we are calling for long term HOLDING .
there are many of us here that have HODL for year or more and this is the reason why I am selling to taste the fruit of my holding.
Holders who hold for more than one year are different from holders who hold for only a few months. This means that the results will not be the same as those obtained. The difference lies in the purchase price and when they sell some of the Bitcoin they have, the profits they get are also different even if the holder who holds it for a short time buys a large amount at once.

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but of course I leave big percent of my funds inside my holding.
Good. That's not bad if you still leave some as savings to enjoy it when the Bitcoin price reaches higher than the previous ATH price.
It would be bad if you choose the wrong storage.

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pawel7777
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March 05, 2024, 10:04:18 AM
 #95

So close and yet so far.
I just had a peak on coinmarket cap, the highest we've been in the last 24h is $68,770, that's only $16 away from breaking the 2021 ATH. We dropped 3.5% from there, but I'm not losing hopes just yet, the volume is still there so it's still very possible that we'll break it in the next 24 or 48 hours.
I wonder what the price action will be until the halving and past that. We'll we see a correction or will we keep going up? Due to the whole ETF thing, we've already departed from the cyclical movement and now we're in an uncharted territory.

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bots1
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March 05, 2024, 12:14:30 PM
 #96

In my opinion, the potential for bitcoin price increases will continue, especially since the bitcoin price is currently trading in the $62k-$63k range. It seems unlikely that bitcoin price will drop below $50k at least before the halving occurs. Because I believe the potential increase in bitcoin prices this year will at least reach $80k which is the new ATH level. Therefore, HOLD will always win.

It is very possible for BTC to reach $80k and I think that is reasonable for now, but if demand continues to come from both individuals and institutions in particular, then the price pressure will increase accordingly, but the worry is the birth. the issue of negative sentiment amidst enthusiasm will make investors think again.
Looking at recent market performance, it does not rule out the possibility that the price of Bitcoin will reach above $80k, especially now that the price of bitcoin has reached above $67k, which is already past the previous ATH record. And regarding the issue of negative sentiment, it is something that often happens and usually experienced investors are not too affected by negative issues because perhaps it is one of the strategies of FUD.

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danadc
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March 05, 2024, 07:32:23 PM
 #97

In my opinion, the potential for bitcoin price increases will continue, especially since the bitcoin price is currently trading in the $62k-$63k range. It seems unlikely that bitcoin price will drop below $50k at least before the halving occurs. Because I believe the potential increase in bitcoin prices this year will at least reach $80k which is the new ATH level. Therefore, HOLD will always win.

It is very possible for BTC to reach $80k and I think that is reasonable for now, but if demand continues to come from both individuals and institutions in particular, then the price pressure will increase accordingly, but the worry is the birth. the issue of negative sentiment amidst enthusiasm will make investors think again.
Looking at recent market performance, it does not rule out the possibility that the price of Bitcoin will reach above $80k, especially now that the price of bitcoin has reached above $67k, which is already past the previous ATH record. And regarding the issue of negative sentiment, it is something that often happens and usually experienced investors are not too affected by negative issues because perhaps it is one of the strategies of FUD.

I have thought that there are many ways to operate, for some they have to get the idea that it will not happen, but I am sure that the price of bitcoin will exceed the current price, because what is done most is to have the conviction that bitcoin does not It is like any other altcoin, which rises once and not another time, so seeing that these things can be possible, why refuse to be so? This is one of the things that sometimes we don't see.

I have been in the market for a long time Seeing how it works, many say that in 2025 the price will rise more, so these are only warnings so that you can say : "Buy Bitcoin" but the majority of people react is when bitcoin is rising. So if you are looking for the money to buy 1 bitcoin, because you don't want to miss the move , and it is too late to do the reverse search, which will cost you less than 80 thousand dollars, but you have to be cautious and buy now everything that is available. can, so that the Profits are greater.

R


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DaNNy001
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March 05, 2024, 08:16:13 PM
 #98

We have seen the Bitcoin market grow rapidly overnight, and its value will reach a peak of $64,000 in 2024. Although the market has changed a lot since the beginning of the year, we can expect Bitcoin to rise even higher in the coming days. Bitcoin price is still fluctuating between $62k dollars according to the current market and will pump more soon. And I think the market will be more bullish next month because the bitcoin halving is very close, which is why the bitcoin market has become so much like a bull run. And next month of course I think Bitcoin price will go higher and touch $70,000.
Well I think the market just took a wild twist again as the price has dropped drastically to almost 58k and that's just how volatile Bitcoin and crypto is. The worse thing About these significant drop is that it's causes alot of fear among investor who taught that were gathering the moral to start buying because the drop in price will scare them to sell off immediately but if am to get something right this drop is good because it's not yet the halving and it was definitely expected for Bitcoin to drop back again untill we finally see the massive bull take off.
pawel7777
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March 05, 2024, 09:08:47 PM
 #99

Well I think the market just took a wild twist again as the price has dropped drastically to almost 58k and that's just how volatile Bitcoin and crypto is.
(...)

I don't think we went as low as $58k today, at least not yet.
According to coingecko, the lowest today was $60.8k, but the data could be different depending on the source and methodology.
Anyhow, this topic is a great example of how weird and unstable investors' emotions can get. OP has started it less than a month ago and everyone was happy and excited that we crossed the $50k mark, and now, when bitcoin is over $60k - a lot of people get sad and miserable.

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Chibit01
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March 05, 2024, 10:55:51 PM
 #100

I was actually shocked when I saw this post it got me pissed off seriously I never in any way expects something like this to happen but it's well because that is the business for you either you gain or loss a little or you might has a huge loss with little profit but in Which ever way let's learn to control our emotions.....

Here is market bitcoin is actually a coin that is placed in a market place for sell and buy so something like that is likely to happen and that doesn't mean that it has totally lost all its value......

Please let's be guided because I know bitcoin never got down till 50k never did it happened today let's be careful with our fake news /update though


Thanks 🙏👍
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