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Author Topic: The next higher bitcoin price  (Read 484 times)
FinePoine0
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March 01, 2024, 09:20:28 AM
 #21

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.

Bitcoin Price Uncertainty It is normal for Bitcoin price to get wet and low soon. Investing in the current coin is the most profitable because the price of Bitcoin has already touched $64K. I estimate that the halving will take place in April 2024, the moment before this halving, Bitcoin price will cross the 2021 high. Another step up Bitcoin price will cross the past price, and it will soon improve Bitcoin price.

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March 01, 2024, 09:46:06 AM
 #22

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.

Bitcoin Price Uncertainty It is normal for Bitcoin price to get wet and low soon. Investing in the current coin is the most profitable because the price of Bitcoin has already touched $64K. I estimate that the halving will take place in April 2024, the moment before this halving, Bitcoin price will cross the 2021 high. Another step up Bitcoin price will cross the past price, and it will soon improve Bitcoin price.

lol Bitcoin did not touched 64k , Not yet but indeed that it almost broke that hitting 63,900$ and still counting on it to break the ATH before April at least?
I also knew that we are going to be great in to coming days and also to have some good chance of taking into 70k .

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March 01, 2024, 02:55:51 PM
 #23

lol Bitcoin did not touched 64k , Not yet but indeed that it almost broke that hitting 63,900$ and still counting on it to break the ATH before April at least?
I also knew that we are going to be great in to coming days and also to have some good chance of taking into 70k .
Even though the price of Bitcoin has not yet reached $64K in the last month, Bitcoin can still achieve this this month, which could even be more than that. Because the opportunity for Bitcoin to pass the previous ATH price by creating a new ATH before April is still very open and is still very possible to happen. So I also quite agree that most people who still hold Bitcoin will experience a pretty big winning day in their lives this year through Bitcoin.

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pawel7777
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March 01, 2024, 03:03:57 PM
 #24

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 don't like how OP framed his thoughts, implying greedy people would be selling now, whether the opposite is true - greedy people are waiting for much higher price to get more profits. Selling now would be a modesty.
So I guess the message should be: be greedy, but also don't get carried away and set yourself realistic selling targets (maybe even incremental), or maybe just keep holding if you're here for the long-run.

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Greyhats
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March 01, 2024, 04:58:06 PM
 #25

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.

I'm still in accumulation phase, so even through the next halving cycle I will continue to buy. Depending where your at in your own journey maybe it makes sense for you to sell(realize profit) but I dont plan for any selling personally this cycle. I'm happy to wait it out another one or two halving cycles, BTC has record of compounding value over the cycles and its clear accumulating at same capital levels will produce less and less btc accumulated over time.

Going down the rabbit hole a little further, lets say one of these price targets are what is the ATH in the next halving cycle. We can then sort of extrapolate then also the lows in the next bear market. Historically btc price drops 60-85% from an ATH, so example below just for ease of numbers I picked 70% drop. You could definitely play around with the drop % range to get different numbers.

Very Conservative: 110k - gives a low of 33k
Conservative: 138k - gives a low of 41.4k (I think this is most likely)
Bullish: 170k - gives a low of 51k
Ultra Bullish: 250k  - gives a low of 75k

Take the ultra bullish scenario well any dca that goes on now is going to be less than the speculated low so it makes sense to continue DCA. I dont calc this out for this because i will dca through this ath and thru the low afterwards. My reason for speculating on this is to prepare for lump sum investment during bear markets. I failed to do this adequately in the bear cycle this time around, I didn't completely miss the boat but I could have been more pragmatic about my approach too.

When I do decide to sell(in a couple of cycles), I'm still trying to figure out my selling strategy but have loads of time to figure it out.
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March 01, 2024, 04:58:49 PM
 #26

The price of Bitcoin has been very dynamic for quite some time now. The price of Bitcoin is increasing at a much higher rate due to the likely halving of Bitcoin. A few days ago I noticed that Bitcoin was around $50,000 and just a few days later it hit $62,000. It really made me feel very happy. I expect bitcoin price to cross $100k before its halving. Those who bought bitcoins at or around $16,000 must have made huge profits.  But if you can still invest in Bitcoin, it is expected that it will be possible to make a profit even before the halving. So you can still invest in Bitcoin if you want.

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March 01, 2024, 05:24:43 PM
 #27

~~~
lol Bitcoin did not touched 64k , Not yet but indeed that it almost broke that hitting 63,900$ and still counting on it to break the ATH before April at least?
I also knew that we are going to be great in to coming days and also to have some good chance of taking into 70k .
I witnessed firsthand that Bitcoin had touched the price of $64k on Binance, but only for a moment before it was corrected. $64k is the current highest price since it was last touched in mid-November 2021, so it is the highest price in the last 2 years. Prices could still climb higher this March, but I tend to agree that sideways will occur for a few days before new resistance is tested.

So far bitcoin has risen 40% in the last 30 days and has made all its holders profitable. I think this is the most awaited moment since they invested in bitcoin, of course and it's really happy. Selling some is certainly not a big problem as long as they are still profitable, but the best thing to consider is to keep holding until a new ATH is reached.

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Asuspawer09
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March 01, 2024, 05:48:17 PM
 #28

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.

Still holding my Bitcoin, not gonna like its kinda tempting a little bit looking at my Bitcoin investment increasing the market price I kind of wanted to sell it sometimes but still, I'm holding aiming for a higher profit. I mean not to be greedy but I bought and accumulating Bitcoin for a long time already so I think I have a lot of room for profit and hold for long-term investment. I mean I'm for sure aiming for more profit for sure, at the moment I dont really need the money yet and even though I sold it, that is not really going to be enough to bough something like an asset, I was originally planning to buy a house or land if I sold my Bitcoin, still, I think that it is not a good timing yet to sell, Personally, I think the highest peak of the market is going to be next year or probably up to 2026, After the Bitcoin halving event there will be a one-year thing where the price could be stagnant after that is probably where the peak is going to happened, still waiting for that opportunity, in theory for sure it if we are going to see the Bitcoin halving timeline but it is still not guarantee to happened still I wanted to see how it goes.

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March 01, 2024, 08:53:24 PM
 #29

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.

When I wrote this post, Bitcoin was at $62,500. I noticed that the price graph was not much different from the time of the post before this post. Within a few hours after I went offline, Bitcoin experienced a price drop but not too deep.
I assume the upgrade will do some sort of retest closer to the $69,000 price tag. After the new halving, there will be a kind of price spike that could stop at the $100k level. I even agree with the new ATH prediction of above $100k.

For now, I just hope for the best with whatever happens in the market for Bitcoin even though I am not an expert in analyzing market prices. So if I'm wrong, correct me.

R


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March 02, 2024, 04:50:57 AM
 #30

The recent surge in Bitcoin's value, hitting $69k, ignited conversations about greed within the crypto community. However, painting long-term holders as greedy oversimplifies the intricate dynamics of the market and individual behaviors. While the $69k milestone holds psychological significance, it's unjust to label hodlers as driven by greed. Hodling reflects a strategic, patient investment ethos, rooted in belief in the future of cryptocurrencies. While buying low and selling high is foundational, fixating on short-term gains neglects the bigger picture, leading to market volatility. The real issue lies in impulsive decisions fueled by fear of missing out (FOMO). Striving for a balanced investment approach is vital. Understanding greed in the crypto space necessitates a nuanced perspective; long-term hodlers aren't driven by greed but by thoughtful investment strategies, fostering a more balanced mindset.
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March 02, 2024, 05:07:36 AM
 #31

The recent surge in Bitcoin's value, hitting $69k,

What you say is false, so don't expect us to pay attention to the rest of what you say if you start with a false sentence.

Going to the topic of the thread, I would also expect something like this:

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

They are predictions that fall within the consensus. I think that all the predictions that I remember for the next cycle that will begin after the halving are along these lines. The only thing I hope is that the consensus does not fail, as it did in this cycle.


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March 02, 2024, 05:53:31 AM
 #32

Personally I don't really understand why many of us here are making threads that talks about taking profits early, the bull run has just kicked in and if you witnessed the last bull run of bitcoin at 2021 when bitcoin hit it's last ATH then you would not be so bothered about taking profits now just because you bought low and bitcoin has not even exceeded it's last ATH and is still on the march to 100k.

I myself is not a fan of selling any bitcoin now or after the halving, all I'm doing right now is reducing my DCA allocation to a minimum of 5% weekly instead of 25% and sending the remaining 20% to my reserves so I won't end up buying bitcoin at higher price without even knowing if bitcoin would just dip any time soon and I don't want to find myself having a higher average buying amount than I'm supposed to, I'm still in what I call my accumulation stage which would last for 4 years, so for now I'm all about buying more bitcoin, I don't have any real plan of selling and it doesn't make me less enthusiastic of bitcoin than you guys, all I'm saying is most of us were preaching long term holding like you could actually hold for long when you have seen profits, some made topic on patients and discipline and I'm seeing all of them busy posting about profits, hope you know if you sell and end up using some of the money for other stuffs and expecting bitcoin to ever be at a price like this or even lower might never happen, we don't know where the bull run would drop bitcoin and maybe at a very high price like 150k, and it's very possible that throughout the bear the price might never return back to 60k or even up to 100k and then you have lost all your bitcoin because of making profits and you can't buy back at same price.
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March 02, 2024, 02:21:10 PM
 #33

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.
I am not entirely sure what the ATH will peak at this time around but it does look like 100k+ is almost guaranteed, at least it is in my mind. These type of 200k+ discussions by others make me excited about the possibility a bit, I know that it is not that easy but it does look like there is a possibility. I hope that it will get to a point where it won't be all that easy.

I believe that we are going to end up with some returns that may make it a lot better, it has to be something that may not be all that crazy. We should consider it getting to a level where it may give us a good return. I keep holding it, and I will keep holding it for a while longer and it may actually make it a lot better when the time comes as well.

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March 02, 2024, 06:10:06 PM
 #34

If one have no idea that what will be the highest price of bitcoin then he should think a number and should sell whenever that targeted value achieve. Although in case of bitcoin we cannot say that if someone wait even after seeing 63k$ of bitcoin worth is greedy because he will have set certain target before which selling will be not good for him.

Everyone can think for himself better and opinions of everyone are different from each other. Those who have bought bitcoin as 15k$ will have huge benefit now and they can easily sell their bitcoin but those who accept bitcoin when price was above 41k$ are in profit too but may be they are wishing for more than this and there is nothing bad in such case.



 

 

 

 

 

 


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March 02, 2024, 11:57:58 PM
 #35

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.

Bitcoin price has done enough this year to rise to its all-time high. The more investors invest, the higher the Bitcoin price will rise. Bitcoin price is highly likely to rise further in 2025, especially for long-term holdings. At the moment Bitcoin price is under the control of all investors so if any investor is still without investment then he can definitely use this opportunity. Bitcoin price is very likely to touch 150K according to all wise and whale holders.

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March 03, 2024, 02:53:39 AM
 #36

Bitcoin price has done enough this year to rise to its all-time high. The more investors invest, the higher the Bitcoin price will rise. Bitcoin price is highly likely to rise further in 2025, especially for long-term holdings. At the moment Bitcoin price is under the control of all investors so if any investor is still without investment then he can definitely use this opportunity. Bitcoin price is very likely to touch 150K according to all wise and whale holders.

Yes, the price of Bitcoin has indeed increased a lot in recent days and everyone who holds a certain amount of Bitcoin will certainly continue to collect it to be able to achieve profits when it increases in the next few months, because the price of Bitcoin cannot be controlled by various parties, of course this is It will be very profitable if we are able to hold on for a long period of time and we must try as much as possible to be able to take advantage of the moment that will soon occur in the next few months or early next year.

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March 03, 2024, 03:55:18 AM
 #37

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.
Currently, the Bitcoin market is at $62,000, but those who invested between $15,000 and $17,000, I don't know how many people were able to keep their investment today, but those who kept it today gained more than 4 times. And those who didn't catch can make a lot of profit but since the next bull market is very close the market will definitely reach new highs in the next bull market. The current pumping may not last long as there will be a dumping before the halving, so the market may see some dumping from here. Bitcoin can go up to $150K after the market halves and in a bull market. My point is not only to predict, but to proceed with investment if the investment can be proceeded with then the prediction will find merit.

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March 03, 2024, 05:31:53 AM
 #38

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.
Bitcoin price has been hovering between $60k-$63k for quite some time now. We are now in Bitcoin's early bullrun. Those who bought in the price range of around $15k-$17k will certainly get a lot of returns now but it is hard to predict if they will actually be able to hold on to it. Bitcoin can cross its all-time high before the halving ahead. After the Bitcoin halving the price of Bitcoin continuous to fall Bitcoin's bull run will begin after the next few months, hopefully the next bullrun will exceed $100k. I am seeing more than double profit in my bitcoins but I am holding my bitcoins until I reach my goal.

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March 03, 2024, 09:25:01 AM
 #39

Quote from: jcojci
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 think, many investors are still holding their Bitcoin in this bullish season because they believe that the price will increase above $69,000 which is the highest price investors have ever experienced from Bitcoin investment and there is a hope that the price will increase to $70,000 before majority of investors will begin to sell their Bitcoin. I believe those that purchased Bitcoin when the price was  $50,000 in the market will definitely embrace the opportunity to achieve huge amount of income before another bearish season will return back to the market because the bullish season look like what is heading to long period of time. I know, there are some investors, their major target is $100,000 but I don't think such price will appear in the market now but it will definitely hit $100,000 next year.

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March 03, 2024, 09:59:17 AM
 #40

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.
In my opinion after the halving and the bull run continue until it peaks, how deep the retracement will go depends on how high the bull run will go as well. Many people are project the price to peak around $100k while others believe it will go as high as $250k. What is paramount is that after the peak, price can retrace as low as 50% of the gains in the next bear cycle just like we have seen in the past. My estimation of 50% is in the wake of present realities where many players are now actively involved in Bitcoin. The focus now should be on how to buy now and hodl while waiting for the peak of the bull market to either sell some depends on personal preference.

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