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Author Topic: The next higher bitcoin price  (Read 484 times)
jcojci (OP)
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February 28, 2024, 10:45:35 AM
 #1

With the current increase of Bitcoin prices, we already have seen the last ATH finally reached. This allows people who already bought Bitcoin at prices around $50k and above to breathe a sigh of relief because they have earned or seen the profits starting to come. But how many of them are still holding their Bitcoin today?

Meanwhile, people who started buying Bitcoin after the price bottomed out at around $15k-$17k feels happy because their profits were already huge. In the coming of the halving, we see the price almost break $60k, and it will go higher. And after this, we should all determines what target price we want. I wonder how much the Bitcoin price will be after halving and when the price will start increasing.

Just a suggestion: don't be greedy in wanting profits. Otherwise, you will be late selling the Bitcoin.
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February 28, 2024, 11:14:29 AM
 #2

With the current increase of Bitcoin prices, we already have seen the last ATH finally reached.

Last All Time High reached was $69,000 and we have not experience that yet, the highest achieved so far as at now is $59,000 and i don't know where you're getting your all time high information from and what you meant by saying it has reached of recent, do make your research well or instead proofread your content to avoid saying the wrong thing.

This allows people who already bought Bitcoin at prices around $50k and above to breathe a sigh of relief because they have earned or seen the profits starting to come. But how many of them are still holding their Bitcoin today?

We only knows of ourselves, we cant say or predict about others holding capacity and duration, but i have the feelings that there are some that have been holding right from 2012 to this time, some 2016 to this present time and still holding.

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Gladitorcomeback
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February 28, 2024, 11:21:29 AM
 #3

With the current increase of Bitcoin prices, we already have seen the last ATH finally reached. This allows people who already bought Bitcoin at prices around $50k and above to breathe a sigh of relief because they have earned or seen the profits starting to come. But how many of them are still holding their Bitcoin today?

I don't think that more than 50% Bitcoin buyers above 50k still holding. It tooks more than 2 years almost to regain price above 50k. Now here are two types of people, once thise who sold above 35k and then buy below 25k, they are still in the profit as they traded according to situation and will not blame himself. Other peoples are those who sold in loss and also give up buying again, they are real losers and will regret now when they check btc price.

Meanwhile, people who started buying Bitcoin after the price bottomed out at around $15k-$17k feels happy because their profits were already huge. In the coming of the halving, we see the price almost break $60k, and it will go higher. And after this, we should all determines what target price we want. I wonder how much the Bitcoin price will be after halving and when the price will start increasing.

Yes they are real winners, every btc dump is opportunity which gives tickets to only lucky persons. Buying btc that time was not an easy task because there were full bad news and rumours but then good day started and now they are enjoying their profits

Just a suggestion: don't be greedy in wanting profits. Otherwise, you will be late selling the Bitcoin.

If anyone could hold btc for long time then I think It does not fall into the category of greed. Everyone have own goal and money management.

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February 28, 2024, 05:20:20 PM
 #4

Bitcoins have suddenly increased 10% in the price. Currently while writing this post, Bitcoins are at 62,000$. So I am assuming if this pace is maintained then in few days the ATH price will be broke. All the Bitcoins investors were eagerly waiting for this to happen from the past 4 years. This time as many expert traders have predicted, the price will stop rising only after it hits 100k USD. So lets hope for the best and see where Bitcoins will go.

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February 28, 2024, 05:33:51 PM
 #5

With the current increase of Bitcoin prices, we already have seen the last ATH finally reached. (...)

Not there yet bud, but we're getting closer.
As per coinmarketcap.com, the ATH was $68,789.63 on 10 November 2021. The highest we have been today was around $63,700 (few minutes ago) but we're starting to drop back below the $63k range.
We have some really crazy price action and volume picked up quite nicely, I think it's the highest it have been in the year. High volume usually comes in pair with price rise.

The new ATH definitely seems possible, if not today, then maybe tomorrow. But many (myself included) are expecting correction.
I'm not selling though, will start thinking about it when we cross $75k.

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February 28, 2024, 07:15:55 PM
 #6

Just a suggestion: don't be greedy in wanting profits. Otherwise, you will be late selling the Bitcoin.

I can agree with you, the exit plan is more important compared to the accumulation plan, haha obviously it's worthless if you haven't accumulated good, but after accumulation what matters is your exit strategy and I'm currently very close ti my second exit hit, for the next target BTC will breakthrough or at least retest the ATH and we are expecting active bears here as well, on the same time what matters is how BTC resists the selling pressure.

Becasue we've seen massive selling as on the high of day, and liquidations volume was crazy, just think of it, in a couple of minutes $700M+ was already liquidated from both side that why I suggest safe spot game.

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February 28, 2024, 07:38:14 PM
 #7

Just a suggestion: don't be greedy in wanting profits. Otherwise, you will be late selling the Bitcoin.

I can agree with you, the exit plan is more important compared to the accumulation plan, haha obviously it's worthless if you haven't accumulated good, but after accumulation what matters is your exit strategy and I'm currently very close ti my second exit hit, for the next target BTC will breakthrough or at least retest the ATH and we are expecting active bears here as well, on the same time what matters is how BTC resists the selling pressure.

Becasue we've seen massive selling as on the high of day, and liquidations volume was crazy, just think of it, in a couple of minutes $700M+ was already liquidated from both side that why I suggest safe spot game.
The price is beginning to pullback up. We hit $64k nearly where we had the previous bull market blow off top, and before the end of today or maybe tomorrow we may see Bitcoin price go hit 70k, this price momentum was too fast way up to 64k, this shows that we are about to witnessing a $10k daily price movement, from 70k, as we have no traffic within those zones and this bull run the price could go way crazier than we expect.

R


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February 29, 2024, 03:30:40 PM
 #8

The price we should be expecting now is something above our last ATH, Bitcoin just broke into 64k a while ago before dropping a little back down to 60k, the bull run is having more energy than expected especially before the halving which we least expected and more investors are rushing in every day, the demand for bitcoins even still on the rise cause many investors don't want to miss on this bull run profits, Bitcoin is currently the most scarce asset in the world and Im expecting a break into 70k on the first week of march besides we are very close to it or even higher.
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February 29, 2024, 04:02:29 PM
Merited by philipma1957 (2)
 #9

for me personally, I'm waiting for it to hit around 78-80k usd$ to be able to proclaim we have made it past the the 2021 ATH.

The reason for this is because of all the inflation we have experienced since then. If you compare a dollar purchase in 2021 to a purchase say in 2024 then ~69kusd$ = ~78kusd$

I would like to say tho that reaching the last ath or the inflation adjusted last ath is not my price target for this bull market, its much much higher. My guesses, and they are total guesses, I dont have a crystal ball or any sooth saying skills, are:

Very Conservative: 110k
Conservative: 138k
Bullish: 170k
Ultra Bullish: 250k

Lets see what happens, keep stacking!
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February 29, 2024, 05:20:41 PM
 #10

ATH is yet to be breached as it was $69k, secondly how do you term the long term holders as greedy? Hodling doesn't accounts to greed and most of us don't hold or log term and those who do are in better profit margins than those who don't hold. The real problem is people's mindset and that's what you call as greedy since they want to always buy low and sell high, even if they sell at high they are not satisfied they end up buying until the market collapse then blame the Bitcoin for their I'll mannered decisions.









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February 29, 2024, 06:10:29 PM
 #11

I don't know how much they are holding at the moment because it's private you probably won't know because it won't be published unless you look at the holding statistics.

It is certain that we guess $100K bitcoin after halving there are even more than that but keep in mind we never know when it will be clear now we are waiting for the moment the halving occurs and see how bitcoin moves, now there are signs where bitcoin will fly and that can be said to be the beginning.

Don't be greedy, but if an investor has determined the price of $100K it is not greedy because bitcoin longer in HODL will be even more profitable even though it takes a long time.

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February 29, 2024, 06:30:08 PM
 #12

I don't know how much they are holding at the moment because it's private you probably won't know because it won't be published unless you look at the holding statistics.

It is certain that we guess $100K bitcoin after halving there are even more than that but keep in mind we never know when it will be clear now we are waiting for the moment the halving occurs and see how bitcoin moves, now there are signs where bitcoin will fly and that can be said to be the beginning.

Don't be greedy, but if an investor has determined the price of $100K it is not greedy because bitcoin longer in HODL will be even more profitable even though it takes a long time.
And it's best if we don't need to know how much Bitcoin they have in the long run, and that will only make us or others feel jealous. Because they implemented the right plan that in the long run the price of Bitcoin will continue to increase, and will give them huge profits if they are very satisfied with the highest price that will occur later.
$100K is the target of most long-term investors and experts' predictions. And I think it's possible, but it's just a matter of time and the signs of the time are there, but we don't know yet if after the halving it will reach $100K or just get close to that price.
Greed is only for those who only want quick profits, and the long term is actually the right choice and not because they are greedy but they know it is an opportunity for them to become rich.

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SPIN

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philipma1957
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February 29, 2024, 06:38:38 PM
 #13

for me personally, I'm waiting for it to hit around 78-80k usd$ to be able to proclaim we have made it past the the 2021 ATH.

The reason for this is because of all the inflation we have experienced since then. If you compare a dollar purchase in 2021 to a purchase say in 2024 then ~69kusd$ = ~78kusd$

I would like to say tho that reaching the last ath or the inflation adjusted last ath is not my price target for this bull market, its much much higher. My guesses, and they are total guesses, I dont have a crystal ball or any sooth saying skills, are:

Very Conservative: 110k
Conservative: 138k
Bullish: 170k
Ultra Bullish: 250k

Lets see what happens, keep stacking!

Yep not a bull yet. 69k 2.5 years ago is about 85k

So we need to be above 85k before may 1 to be a true bull

then everyone that got in at any time is fully ahead including inflation and or miners.

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cakravothy
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February 29, 2024, 09:14:26 PM
 #14

for me personally, I'm waiting for it to hit around 78-80k usd$ to be able to proclaim we have made it past the the 2021 ATH.

The reason for this is because of all the inflation we have experienced since then. If you compare a dollar purchase in 2021 to a purchase say in 2024 then ~69kusd$ = ~78kusd$

I would like to say tho that reaching the last ath or the inflation adjusted last ath is not my price target for this bull market, its much much higher. My guesses, and they are total guesses, I dont have a crystal ball or any sooth saying skills, are:

Very Conservative: 110k
Conservative: 138k
Bullish: 170k
Ultra Bullish: 250k

Lets see what happens, keep stacking!

Yep not a bull yet. 69k 2.5 years ago is about 85k

So we need to be above 85k before may 1 to be a true bull

then everyone that got in at any time is fully ahead including inflation and or miners.

if the previous ATH price was 85k dollars.
For this halving season I think reaching 100k dollars is very easy.
usually when there is a halving the price of bitcoin will always reach the latest new ATH. this year halving next year the price of bitcoin will definitely reach ATH.

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February 29, 2024, 09:29:40 PM
 #15

With the current increase of Bitcoin prices, we already have seen the last ATH finally reached. This allows people who already bought Bitcoin at prices around $50k and above to breathe a sigh of relief because they have earned or seen the profits starting to come. But how many of them are still holding their Bitcoin today?

Wrong, as others pointed out, the last ATH is $69k and so we haven't reach that price yet. But I do agree that those who have both at the top price of $50k from the previous bull run is very happy to see the spike for this month, however, it's the question whether they hold it till now.

Just a suggestion: don't be greedy in wanting profits. Otherwise, you will be late selling the Bitcoin.

It's ok to be greedy as long as you know what you are doing. Right now, we haven't go the final catalyst yet in this bull run, that is the block halving. So for the majority, I don't think they will simply sell because they've seen $60k or even $70k. In the grand scheme of it all, investors to take a profit, we are all looking for a price of at least $100k. So we need more patience and not just sell our stash of BTC as for sure there are a lot of whales or retail investors waiting for us to make that big mistake.

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February 29, 2024, 09:48:17 PM
 #16

Just a suggestion: don't be greedy in wanting profits. Otherwise, you will be late selling the Bitcoin.
I don't think this advice will be very important for long term holders especially for those who are already very experienced. Bitcoin's potential is still very good and you may have to be a little more patient to convert your profits into fiat if you haven't seen a new ATH after the halving. Taking profits according to plan is good, but if you still see good potential after the halving, then don't throw away all your bitcoin.

Everyone has their own plans and profit targets, so this advice may be especially important for day traders rather than long-term investors. Make no mistake, the long-term potential of bitcoin is still very good and you must be patient in waiting for it while accumulating instead of selling it.

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February 29, 2024, 10:16:40 PM
 #17

for me personally, I'm waiting for it to hit around 78-80k usd$ to be able to proclaim we have made it past the the 2021 ATH.

The reason for this is because of all the inflation we have experienced since then. If you compare a dollar purchase in 2021 to a purchase say in 2024 then ~69kusd$ = ~78kusd$

I would like to say tho that reaching the last ath or the inflation adjusted last ath is not my price target for this bull market, its much much higher. My guesses, and they are total guesses, I dont have a crystal ball or any sooth saying skills, are:

Very Conservative: 110k
Conservative: 138k
Bullish: 170k
Ultra Bullish: 250k

Lets see what happens, keep stacking!

I like this approach, it's like a ladder and then slowly selling your Bitcoin to get that profit. I do agree that even in the bull run we can still go and keep on stacking sats. I had done it before in the last bull run, and regardless of the price of the all time high, it's good to see that your portfolio is growing. It might be tough for some, but if go pass this mentally you are in for a big surprise because it's going to be easy.

So in this case, I will wait and see at the conservative price and range with Ultra Bullish.

I'm also seeing that it's possible to see the price of Bitcoin hitting more than $200,000 if the scenario is ripe for a ultra bullish phase till 2025.

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February 29, 2024, 11:08:02 PM
 #18

Everyone is seriously greedy every bull run but at the same time won't let it pass to make some profits at this time. Everyone has learned their lessons for each of these bull run cycles that we've experienced and if you're on this market for so long and never learned anything, you have to check yourself out. Those that have been holding for so long understands this cycle and there's more to come as we're still early. That's not greediness but analysis and looking into the pattern in the market from the past ATHs that we've seen.

That's encouraging many of us to hold until next year and we're on our own on which certain levels and price points are we going to sell. Because if you're going to ask me if it's good time to sell now, I'd say yes. I've even sold too early last cycle and I was happy although became regretful afterwards when I've realized that there was a higher price that Bitcoin certainly reached. But past is past, learnings were there and I have to apply that on this cycle too. No matter how high Bitcoin will be peaking this cycle, it is important for me to take the benefit of it and secure profits still because it is almost impossible to sell at the peak because no one will know if that's the peak or not.

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February 29, 2024, 11:09:07 PM
 #19

With the current increase of Bitcoin prices, we already have seen the last ATH finally reached. This allows people who already bought Bitcoin at prices around $50k and above to breathe a sigh of relief because they have earned or seen the profits starting to come. But how many of them are still holding their Bitcoin today?

The previous all-time high was $69K, and despite the recent massive surge, bitcoin was unable to break that price. It only rose to around $64K or so and is now trading below $62K again. I expect a retracement following this bullish run. It could break the ATH before the retracement or even perform some retracement before reaching the ATH. With this move by bitcoin, one can conclude that bitcoin will double its current ATH during the bull period, as we have yet to witness halving and have already seen a massive surge in the coin recently.

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Meanwhile, people who started buying Bitcoin after the price bottomed out at around $15k-$17k feels happy because their profits were already huge. In the coming of the halving, we see the price almost break $60k, and it will go higher. And after this, we should all determines what target price we want. I wonder how much the Bitcoin price will be after halving and when the price will start increasing.

Just a suggestion: don't be greedy in wanting profits. Otherwise, you will be late selling the Bitcoin.

This will undoubtedly occur; it will simply depend on how each individual responds to the current market situation at the time. People have already made a lot of money with bitcoin, especially those who invested when it was less than $20,000. But, given the current price, will you advise them to sell when the bull run has yet to occur? You know they will not sell, and that cannot be called greed. And if they sell, they will have profited handsomely from their investment. They should just be cautious and try to sell when the time is right, rather than becoming overwhelmed by the profits that come during the bull season.

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March 01, 2024, 01:42:21 AM
 #20

Being greedy shouldn't be an option, however, one should also not hurry in selling their assets, like selling everything they have when the price hits $65k or maybe $70k, I know people do that only of they already have that price as their primary target for selling their assets, but it isn't a wise decision because one should be able to see that the bull run hasn't started yet, we are yet to see the halving event, and the price has already touched $64k, and based on that, we can imagine that the price this bull run will be much more significant than this.
Personally, I expect the price of Bitcoin to at least cross $90k even if it doesn't hit $100k which is what most people are optimistic about.









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