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Author Topic: ATH was just broken seconds ago!  (Read 184 times)
thecodebear (OP)
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March 05, 2024, 03:03:44 PM
Merited by OgNasty (1)
 #1

About 20 seconds ago I just watched Bitcoin pass $69,000 on Coinbase.


Goodbye 2021 ATH, and welcome to the 2024/25 bull run!


Update: about a minute later its down under $68k haha
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March 05, 2024, 03:10:03 PM
 #2

Update: about a minute later its down under $68k haha
And halving has not occured yet. This is the first time this happened before halving. Some people put a sell limit order at $69000 or a price slightly above $69000 is the reason. Yes it is true that bitcoin price increased above $69000 and it fell back to $67000 but now it is around $68000. We like it or we do not like it, bitcoin will not decrease below $69000 ever again, but not yet now. We are going $100000 next, but this may take months.

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March 05, 2024, 03:11:50 PM
 #3

I saw that happen just now and it is indeed a record breaking day. Now the critics and the doubtful can now rest in regrets and pain. Now that we have achieved all time high before the Bitcoin halving that is happening next month, what is the next thing for Bitcoin? Continue to rise or retrace before the pump that will be initiated by the halving? Personally, I feel the effect of the halving is already playing a part in the current market rise. Investors might already be aware of what is happening and are holding on to their Bitcoin without the zeal to sell. I think those entertaining fear using lack of liquidity can now see that the bulls are still very much around in the market.

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March 05, 2024, 03:15:19 PM
 #4

Bitcoin is really bullish started from SEC approving Bitcoin ETFs, we're still on March and halving has not occurred yet, so I expect the price will be higher when it's near to halving event. Probably Bitcoin will create a new milestone that no one expects the price is, people still have a chance to buy Bitcoin at "cheap price" right now.

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March 05, 2024, 03:23:02 PM
 #5

About 20 seconds ago I just watched Bitcoin pass $69,000 on Coinbase.


Goodbye 2021 ATH, and welcome to the 2024/25 bull run!


Update: about a minute later its down under $68k haha

All of us here were expecting it, although it was hard when BTC went from $69k down to $16k. It was extremely hard to be a believer back then.

Congrats to all those who haven't lost their faith!

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March 05, 2024, 03:33:27 PM
 #6

Bitcoin didnt pass its all time high few seconds ago but rather few days ago. The initial Bitcoin ATH was about $62k and Bitcoin surpassed that value about few days ago. With the rate at which Bitcoin is gaining value, it is actually becoming a better investment based on its ease and returns over time.
Also, with the rate at which Bitcoin is striking promising prices I believe it will even achieve an ATH of about $100k.

Probably Satoshi NAKAMOTO  Grin and Gamekyuubi are on beaches chilling on vacation waiting for a better ATH because that's what every hodler likes Grin

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thecodebear (OP)
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March 05, 2024, 03:38:59 PM
 #7

Bitcoin didnt pass its all time high few seconds ago but rather few days ago. The initial Bitcoin ATH was about $62k and Bitcoin surpassed that value about few days ago. With the rate at which Bitcoin is gaining value, it is actually becoming a better investment based on its ease and returns over time.
Also, with the rate at which Bitcoin is striking promising prices I believe it will even achieve an ATH of about $100k.

Probably Satoshi NAKAMOTO  Grin and Gamekyuubi are on beaches chilling on vacation waiting for a better ATH because that's what every hodler likes Grin


huh??

ATH was $69k, not $62k. It just passed it when I made this thread.
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March 05, 2024, 03:41:46 PM
 #8

Bitcoin didnt pass its all time high few seconds ago but rather few days ago. The initial Bitcoin ATH was about $62k and Bitcoin surpassed that value about few days ago. With the rate at which Bitcoin is gaining value, it is actually becoming a better investment based on its ease and returns over time.
Also, with the rate at which Bitcoin is striking promising prices I believe it will even achieve an ATH of about $100k.

Probably Satoshi NAKAMOTO  Grin and Gamekyuubi are on beaches chilling on vacation waiting for a better ATH because that's what every hodler likes Grin


huh??

ATH was $69k, not $62k. It just passed it when I made this thread.
Really?
I thought it was 62k a long time ago please if you don't mind I would like you to drop your source so I can read a little on it

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electronicash
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March 05, 2024, 03:43:50 PM
 #9

Bitcoin didnt pass its all time high few seconds ago but rather few days ago. The initial Bitcoin ATH was about $62k and Bitcoin surpassed that value about few days ago. With the rate at which Bitcoin is gaining value, it is actually becoming a better investment based on its ease and returns over time.
Also, with the rate at which Bitcoin is striking promising prices I believe it will even achieve an ATH of about $100k.

Probably Satoshi NAKAMOTO  Grin and Gamekyuubi are on beaches chilling on vacation waiting for a better ATH because that's what every hodler likes Grin

the ATH was 69k.
it happened in coinbase though as its just one exchange. now it's becoming obvious that this bull run is driven by the ETF which coinbase is the custodial.
if it crosses this early, we will be seeing the price go 70k sooner without the halving. this is very positive.  100k i think is the the most ATH this year. i will go beyond that as speculated by a lot of traders.

look at the chart you see the ATH.









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March 05, 2024, 03:44:13 PM
 #10

ATH on Coinmarketcap.

It's hard to imagine that Bitcoin reached ATH before the halving, was it really the same extent before or is it more different now? I read a lot of news with bitcoin ATH that I know they often talk about ATH after halving because the previous history is the same but this time it is different in my opinion where ATH will be earlier than halving.

Well how big will it be when the halving time comes? It would be very curious if it could be $80K right? Grin

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March 05, 2024, 03:46:01 PM
 #11

Bitcoin didnt pass its all time high few seconds ago but rather few days ago. The initial Bitcoin ATH was about $62k and Bitcoin surpassed that value about few days ago. With the rate at which Bitcoin is gaining value, it is actually becoming a better investment based on its ease and returns over time.
Also, with the rate at which Bitcoin is striking promising prices I believe it will even achieve an ATH of about $100k.

Probably Satoshi NAKAMOTO  Grin and Gamekyuubi are on beaches chilling on vacation waiting for a better ATH because that's what every hodler likes Grin

the ATH was 69k.
it happened in coinbase though as its just one exchange. now it's becoming obvious that this bull run is driven by the ETF which coinbase is the custodial.
if it crosses this early, we will be seeing the price go 70k sooner without the halving. this is very positive.  100k i think is the the most ATH this year. i will go beyond that as speculated by a lot of traders.

look at the chart you see the ATH.
I just checked I have clarified it thanks.

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March 05, 2024, 03:55:56 PM
 #12

this is very good news and i'm quite optimistic that we will be able to achieve more than that, because we are still a few weeks away from the halving and there may be more opportunities for the price of bitcoin to increase again.

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March 05, 2024, 04:13:34 PM
 #13

About 20 seconds ago I just watched Bitcoin pass $69,000 on Coinbase.
Goodbye 2021 ATH, and welcome to the 2024/25 bull run!
Finally, the previous highest price has been reached, although the difference is very thin, three points behind the number 69 according to the 24 hour highest price on Binance. Congratulations to optimists and to those who are pessimistic about Bitcoin's achievements, that is reality.
And we will wait together for the next highest ATH to happen. For now I don't dare say what will happen after the halving if the next ATH price is estimated to reach $100K and above.

Quote
Update: about a minute later its down under $68k haha
The decline that followed wasn't as impactful for those waiting for $69K to happen.
After the $69K price was reached, we are also still optimistic about the latest ATH price.

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thecodebear (OP)
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March 05, 2024, 04:19:28 PM
 #14

Bitcoin didnt pass its all time high few seconds ago but rather few days ago. The initial Bitcoin ATH was about $62k and Bitcoin surpassed that value about few days ago. With the rate at which Bitcoin is gaining value, it is actually becoming a better investment based on its ease and returns over time.
Also, with the rate at which Bitcoin is striking promising prices I believe it will even achieve an ATH of about $100k.

Probably Satoshi NAKAMOTO  Grin and Gamekyuubi are on beaches chilling on vacation waiting for a better ATH because that's what every hodler likes Grin


huh??

ATH was $69k, not $62k. It just passed it when I made this thread.
Really?
I thought it was 62k a long time ago please if you don't mind I would like you to drop your source so I can read a little on it


Literally just look at any Bitcoin/USD chart.

Bitcoin hit nearly $65k in April of 2021 having like 5 days above $62k.
Then it crashed in late Spring / Summer, and came back up in the Fall.
It hit $69k in the November 2021, and was over $62k pretty much every single day for an entire month during October and November of that year.
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March 05, 2024, 04:28:42 PM
 #15

A new historical landmark for bitcoin as it has become an all-time high price although it is down again to $65K at the moment, but I think it will have a bounce to $69K again normally after a high there will be a slight correction.

The holders will still be smiling looking at their portfolios who missed out please get in soon because it's still not too late even though it's in the $65K area you just have to be optimistic that bitcoin will be 2x after ATH now.

The 2021 ATH has been broken, here is the new 2024/25 and it says you are right we believe this year is a bullrun.

R


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March 05, 2024, 04:37:57 PM
 #16

About 20 seconds ago I just watched Bitcoin pass $69,000 on Coinbase.


Goodbye 2021 ATH, and welcome to the 2024/25 bull run!


Update: about a minute later its down under $68k haha
Many are looking at the previous ATH as the resistance hence, we are seeing Bitcoin going down to $66,000 again as it goes up near to it.
Well, the good thing is that we are at $68,000 again.

On Coingecko and Coinmarketcap, it seems like it hasn't been reached yet. The good thing is that many are optimistic about Bitcoin that's why many are buying it right now trying to ride the train. Like I said in the past, I will only think that we entered the bull market if the price of Bitcoin surpassed the previous ATH of ~$69,000 and stayed above that price for weeks. Until that doesn't happen, I don't consider we are on it yet. Nevertheless, it's a good sign that we are nearing breaking the previous ATH, and TBH, I didn't expect it to happen because, in the past, it took months after the Bitcoin halved before the previous ATH was surpassed. Now we are a few weeks away from the halving event and we are seeing Bitcoin trying to surpass it's previous ATH already. I'll stick to my prediction that Bitcoin will reach as high as $150,000 next year. Cheesy

P.S. Oh not again. The price of Bitcoin went down to $65,000 again as it tried to go to $69,000.  Cheesy Cheesy

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March 05, 2024, 05:17:22 PM
 #17

It will likely take a few attempts to get beyond the previous all time high and break out.  If you're a wall street trader, I imagine the trade would have been from the ETF approvals to the all time high, so we're seeing easy profit taking from traders right now.  I'm sure we'll see the same thing again at the halving and again at $100K.  So long as the demand stays around though, buyers will outlast sellers and we'll see a true breakout to new highs.  There's just too much money on the way between Blackrock and Microstrategy for this market to stay down for a long length of time.

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March 05, 2024, 05:40:15 PM
 #18

I was sure that today we will see a new ATH and that become a reality. Who knows that we may see huge pump, a pump with huge intensity during the halving event that might push the price of Bitcoin to $75k? I'm pretty sure that institutions like BlackRock, Grayscale, and other such ETF institutions will purchase more Bitcoin in order to own most of it.

There's also a chance for MicroStrategy to purchase more and more Bitcoin, and all those things will keep adding market cap in the Bitcoin and value of it starts growing. Halving is going to be another great indicator for us because after it the number of mined bitcoins decrease to half and thus those big players will try their best to own as much Bitcoin as they possibly can.

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March 05, 2024, 05:55:42 PM
 #19

Bitcoin didnt pass its all time high few seconds ago but rather few days ago. The initial Bitcoin ATH was about $62k and Bitcoin surpassed that value about few days ago. With the rate at which Bitcoin is gaining value, it is actually becoming a better investment based on its ease and returns over time.
Also, with the rate at which Bitcoin is striking promising prices I believe it will even achieve an ATH of about $100k.

Probably Satoshi NAKAMOTO  Grin and Gamekyuubi are on beaches chilling on vacation waiting for a better ATH because that's what every hodler likes Grin
Bitcoin ATH as at 2021 was $69k. You should get your facts right before contradicting. I also agree with you, the rate at which the price is shooting up, I'm certain it could attain the $100k mark most speculators and enthusiasts are keeping it. It will be important to also bear in mind that it can sharply go down too because as of this morning when I last checked, it was dancing between $66-67k but now it's currently dropped to $65,112.
 Won't be surprised if the rising and falling is so that it can keep up with the halving event.

R


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March 05, 2024, 06:19:53 PM
 #20

It was an amazing sight to behold today, although that all-time price was expected well enough and to see that we achieved that signified a lot to come as we draw close to Bitcoin halving, we may likely see a 100k Bitcoin price after the Bitcoin halving cycle because as it is Bitcoin is already building that necessary liquidity to sustain above previous all-time high even though there was a sharp drop.

The price will recover back before we know it because the Bitcoin market began the week with a lot of positive actions which we are seeing already, i never began to change my Bitcoin when it did that price benchmark because I knew there was alot to come from Bitcoin in this season.

R


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