Hey! it's $50k today.

[KingsDen]

Hey Stop! 🛑

Look around, it is $50,000


Can you now see the effect of the ETF approval?

What do you think...

• An upwards trend from $50k
• An downwards movement from here

[1714518887]

1714518887

[1714518887]

1714518887

[Nwada001]

It has touched $50k twice today and dropped, and the highest of it as of today, which I witnessed, was at $50,300, and this is just contrary to Hhampuz prediction on the wall observer. I never expected it to happen this quickly.
 
We might likely see it reach $51-$55k before the price starts correcting again. We have seen a lot of this quick movement before, so I don't think I should be too excited over this one. A bull run is around the corner, but I don't think this can lead us to that without the price dropping back down a little.

[STT]

We did already reach 48k immediately on the ETF news.  It was only also that the selling occurred at that time and operation of a ETF is by a mix of buying & selling with automation so some of the price or market capitalization currently has to be taken as not holders but some traders who are just here with leverage in a short term trade only.
  A gain of 30% in just a couple of weeks should be considered with caution and also its likely shorter term display not a gradient that will be sustained.   Somewhere at some time it has to slow down, more likely pullback to a level of support and take a reset.  Its never straight up price action that occurs but spikes and troughs so where can we rely on support next, ideally we have now gained 49.3k as support but thats untested just got to check as we progress.

[Odohu]

It happened when we least expected. Everyone was looking at the ETF to propel this surge but they used it to shake out the weak hands for a free ride to the upside. With this, ATH high is possible before halving other things being equal. I can only imagine the future of Bitcoin and where we will be as fresh capital continue to flow into Bitcoin through the various ETFs!

indeed long term HODL will always win.

[RewFrew]

Hey Stop! 🛑

Look around, it is $50,000


Can you now see the effect of the ETF approval?

What do you think...

• An upwards trend from $50k
• An downwards movement from here

Yes Bitcoin Price increasing and Finally Bitcoin Price $50k. After long time Bitcoin again touched $50k. And i think it is impact of ETF approval. It was aspected. Because ETF approval was big news for bitcoin. So it’s impact will also big it is normal. And now happening that. I saw before 6-7 hours ago Bitcoin price was $47800 But within 2-3 hours It reach $50k. I think it is not for short time pump. I think it will be continue.

I think it happened for ETF approval and it will continue. I think Bitcoin price will hit new ATH before bitcoin halving. And after bitcoin halving within one year bitcoin price will hit minimum $100h.

[BABY SHOES]

Finally Bitcoin to $50K Hooree!!!

Maybe the ETF is pushing up the price of bitcoin now but with the previous approval there was no significant spike but bitcoin took time to climb then now it has reached $50K because of the previous ETF push.

The next trend is up that's what I predict going forward but we will see how bitcoin price goes to $60K again or before halving? It is possible but I will never doubt that bitcoin will rally again this year.

[skarais]

Finally Bitcoin to $50K Hooree!!!

Maybe the ETF is pushing up the price of bitcoin now but with the previous approval there was no significant spike but bitcoin took time to climb then now it has reached $50K because of the previous ETF push.

I don't think ETFs have a direct correlation to the current $50k breakout, but the impact of high ETF demand requires brokers (or whatever they are called) to buy large amounts of bitcoin to cover costs if ETF investors sell their holdings. Apart from that, the increase in demand for bitcoin ahead of the halving was something that was predicted previously, but how the price will continue after today may still be too difficult to determine for sure.

The next trend is up that's what I predict going forward but we will see how bitcoin price goes to $60K again or before halving? It is possible but I will never doubt that bitcoin will rally again this year.

I'm still optimistic that price will likely test higher resistance levels during the week, but a small correction before a big rally is also very possible. Keep holding if you have bitcoin, in the long term you can expect greater returns.

[JoyMarsha]

After much waiting and speculation, the price of bitcoin finally reached $50,000. Because of the bitcoin ETF, I am speculating that a higher price will come into play before the halving season, but let's see how far bitcoin can go. I think we'll see a new all-time high by then.The hodl and accumulation continues

[famososMuertos]

Since 2021 we did not have that value, now let's see if we have a new "floor" to sustain, although in the first moments of change it has  didn't stay long, as expected, and I think it will be difficult for it to sustain in the short term...

[Upgrade00]

Since 2021 we did not have that value, now let's see if we have a new "floor" to sustain,

It really seemed like we have seen this price range much earlier than that.

I think we have two or three more resistance levels before we hit the next ATH, which might come before the halving happens

[Renampun]

Hey Stop! 🛑

Look around, it is $50,000

...
Can you now see the effect of the ETF approval?

What do you think...

• An upwards trend from $50k
• An downwards movement from here

Yes Bitcoin Price increasing and Finally Bitcoin Price $50k. After long time Bitcoin again touched $50k. And i think it is impact of ETF approval. It was aspected. Because ETF approval was big news for bitcoin. So it’s impact will also big it is normal. And now happening that. I saw before 6-7 hours ago Bitcoin price was $47800 But within 2-3 hours It reach $50k. I think it is not for short time pump. I think it will be continue.

I think it happened for ETF approval and it will continue. I think Bitcoin price will hit new ATH before bitcoin halving. And after bitcoin halving within one year bitcoin price will hit minimum $100h.

really didn't think we would see the price of bitcoin reach $50k this month, the history of bitcoin prices will never fail, as usual, the price of bitcoin will definitely increase before the halving happens and we are seeing it happen slowly.
this is what makes me curious, many are switching to Bitcoin ETFs because they follow the trend, but there are also some predictions that say that when the Bitcoin ETF ends, people will return to altcoins, I don't know if this is what actually happens but I don't think it's a short pump. This happened because of the Bitcoin ETF approval, we'll see what happens in the market in the next few weeks, maybe there will be a decline of several percent until Bitcoin sets another ATH record.

[Lida93]

It has touched $50k twice today and dropped, and the highest of it as of today, which I witnessed, was at $50,300, and this is just contrary to Hhampuz prediction on the wall observer. I never expected it to happen this quickly.
 
We might likely see it reach $51-$55k before the price starts correcting again. We have seen a lot of this quick movement before, so I don't think I should be too excited over this one. A bull run is around the corner, but I don't think this can lead us to that without the price dropping back down a little.

As at the time am writing this now the price is at $49,857 but despite the slight decrease in the price from $51k it got to earlier I am still optimistic that the price might go above the $55k mark you are viewing and may likely not hit  down immediate for a correction. My optimism is based on the bullish momentum candle on the chart that led to the $50k+  price, maybe I might be wrong or right but it's all a prediction from my view.

The ETF approval recently has been impactful on  the price of bitcoin and what we are witnessing in the price today is just a forerunner to the enormous surge in price that will play out probably before the halving period. If you're holding, hold.

[Franctoshi]

Bitcoin finally chosen the right direction after weeks of consolidation, and first time we see the price react positively with such an interesting movement in the since after the Bitcoin spot ETF approval, So this recent move price target in the coming weeks and months is towards $61k-$69k, but from my analysis we may face resistance at $52k-$53k, $55k before we could see the price beginning to ease up its current upward momentum.

[goaldigger]

This is what we are talking about, a pump that is closer to its peak.
Now, the question is can you still buy at this level or you will take profit now and buy more once the market corrects. Be careful with the trend for now and wait for other signal before you make decisions, know that the market will always have its own correction, though if Bitcoin can sustain its momentum in this level then we might see more pumps this month.

[Falconer]

Bitcoin finally chosen the right direction after weeks of consolidation, and first time we see the price react positively with such an interesting movement in the since after the Bitcoin spot ETF approval, So this recent move price target in the coming weeks and months is towards $61k-$69k, but from my analysis we may face resistance at $52k-$53k, $55k before we could see the price beginning to ease up its current upward momentum.

It's hard to say, but yes, there is potential to see bitcoin test the $52k resistance if it manages to keep its price above $50k. The problem is, price movements are still very wild as some investors will probably sell and take profits, but if the selling pressure is not too strong then $50k is expected to be maintained. I'm looking forward to how high the market will close today, but I think bitcoin is still too likely to correct to $48k again.

This should not be a short pump, but natural price movement is much more to be expected. A sudden increase in demand is more likely to make the price fall just as quickly, but I don't expect there to be much panic once $50k is broken.

[The Sceptical Chymist]

Wowza!

Just woke up a little while ago and just happened to check preev about two minutes ago.  When I went to sleep bitcoin was just over $48k, so I was pleasantly surprised to see it break that $50k milestone.  It seems like forever since bitcoin has seen that level, even though it's only been several years IIRC.

I'm puzzled as to the results of the poll here.  I would have expected more bullish sentiment, but as I write this the votes are about 50/50.  What's wrong with y'all bears?  Can't you see bitcoin is in an upward trend and has been for a while now?  Dang!

[kawetsriyanto]

Hey Stop!
Look around, it is $50,000

Yep. I saw Bitcoin price already passed $50,000. According CoinGecko, it already reached $50.259.
Previously, I predicted Bitcoin will reach $50,000 on February 11. It was because Bitcoin passed $48k in January 11. I assume there will be the same pattern for the price move. But it needs a longer time to reach $50,000. However, we know that Bitcoin seems to increase gradually from one month to another month. There are probably a higher rate in each month before the Bitcoin halving begins on April.

What do you think...

• An upwards trend from $50k
• An downwards movement from here

I think there will be a more pump.
Bitcoin may try to reach another higher rate in the next month. I expect it may reach $55k before the Bitcoin halving.


DYOR/DWYOR

[tabas]

What do you think...

• An upwards trend from $50k
• An downwards movement from here

The majority of the analysis that I am seeing tells that it is going to be followed by a dump. Yeah, this is quite too early to see before the halving but once this breaks the confidence of those analyses, as usual, Bitcoin is always unpredictable and that's what people must predict and expect from it. So, if there are analyses that tell that before or after the halving it is going down. That's okay but the result still depends on the demand and how it is coping up with the adoptions like the actual volume that it is getting from the Bitcoin ETF spot. And don't be surprised everyone when fees go higher as well.

[snipie]

The price isn't stable right now and it increased more than $50k before falling again under this barrier level. Right now and depending from exchanges, the price is around $49,980k. I don't know if there will be a huge correction right now although I think it will occur at some point but I find the tendance of the market is in favour of more price rise.

[crwth]

Continuous HODLing and taking advantage of the market is the way to go! Woo, it feels like it's going to rise and rise again! I hope the floor is going to stay high as usual. I do hope that the transaction fees lower so we could really take advantage of this price or something.

Voted that it will go higher!