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Author Topic: Bitcoin price is going to touch all time highs  (Read 699 times)
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March 09, 2024, 08:31:31 PM
 #41

Today Bitcoin touched the new ATH and we again saw a sharp decline as it became a strong resistance. The second attempt for Bitcoin to go above $70k also failed, Bitcoin will now prepare again with a stronger attempt and the market will go above 70k. In fact traders open many high leverage trades in this area because everyone is bullish here because everyone expects Bitcoin to easily go to the minimum of 75k and stabilize. But the whales will not give this opportunity to traders so easily, Bitcoin will stabilize above the new ATH only after they liquidate the leveraged traders.
It seems like will see the potential for Bitcoin to reach the latest ATH every day after yesterday it touched the ATH at price of $69k and today Bitcoin successfully reached the latest ATH of $70k. It's very good moment to see the potential for the latest ATH one month before the halving, I think it's very easy for bitcoin with the current stable price to reach new ATH in short time near future with potential above $72k to $80k.
Hope not any bad news share in few days later or one month left before halving to see how potential with bitcoin will raise the new ATH price, its coming true and the ATH of bitcoin above $80k will make excited with the market condition and bring positive side for altcoin return back to altcoin season after dumping more longer time.
Bitcoin went to new ATH before halving which surprised everyone, because after all previous halvings, bull cycle started and Bitcoin went to new ATH. But this time everything changed and the unexpected result came as a surprise to everyone. After the ETF approval, the demand in the Bitcoin market has increased tremendously and due to the entry of institutional investors into the market, the Bitcoin price is increasing and the demand is likely to increase in the coming days. Bears have yet to take control of the market.

Bears is still trying their best to defend the $70k resistance, they blocked two big breakouts of Bitcoin. Since the bears have not yet gained control of the market, they will try their best to create Fud in the market and drive the market as they like. But it seems to me that the bears are still in for a tough time if they can't take control yet.

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March 09, 2024, 08:35:11 PM
 #42

Bitcoin price has already touched 69000 thousand dollars, which is the highest price of 2021. So how reasonable do you think it is that the price of bitcoin will touch 70k dollar again if it takes another step forward?
It is broken once again , bitcoin crossed 70k and that recorded its ATH now and looks like we will be breaking it again and again before the halving comes , because seeing the market now staying at 68k after hitting that 70k? this shows how strong the market can be and its value will continues to flow, surely this is the ETF thing here.
From the very beginning, I have this feeling that this ETF thing will create a rapid growth for bitcoin price and now it’s really happening. Although reaching $70k is still a failure, but I think the market is only taking a break and gets back eventually to its higher momentum until we see bitcoin price finally touching $70k and above.

However, talking about its new all time high, I assume that it will only be possible when bitcoin halving will be finally over. Although we don’t know what will be the next target for bitcoin’s new ATH, but we will definitely find it out soon.

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March 09, 2024, 09:33:34 PM
 #43

Bitcoin price has already touched 69000 thousand dollars, which is the highest price of 2021. So how reasonable do you think it is that the price of bitcoin will touch 70k dollar again if it takes another step forward?
It is broken once again , bitcoin crossed 70k and that recorded its ATH now and looks like we will be breaking it again and again before the halving comes , because seeing the market now staying at 68k after hitting that 70k? this shows how strong the market can be and its value will continues to flow, surely this is the ETF thing here.
From the very beginning, I have this feeling that this ETF thing will create a rapid growth for bitcoin price and now it’s really happening. Although reaching $70k is still a failure, but I think the market is only taking a break and gets back eventually to its higher momentum until we see bitcoin price finally touching $70k and above.

However, talking about its new all time high, I assume that it will only be possible when bitcoin halving will be finally over. Although we don’t know what will be the next target for bitcoin’s new ATH, but we will definitely find it out soon.
Well with what I have seen so far I can definitely say that the price prediction and movement is really something that no one can place their hand and get it right because I would assume that no one expected the price to hit this short bull according to others so early and fast this year and Bitcoin has already hit it's Old ATH so what's remaining is just the halving to come then we see the final  fate of the price.

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March 09, 2024, 10:13:00 PM
 #44

-snip-
From the very beginning, I have this feeling that this ETF thing will create a rapid growth for bitcoin price and now it’s really happening. Although reaching $70k is still a failure, but I think the market is only taking a break and gets back eventually to its higher momentum until we see bitcoin price finally touching $70k and above.

However, talking about its new all time high, I assume that it will only be possible when bitcoin halving will be finally over. Although we don’t know what will be the next target for bitcoin’s new ATH, but we will definitely find it out soon.
The impact of the ETF approval was basically not that big at first, but over time the market became stronger as investors' confidence in bitcoin also increased. Many people are starting to realize that bitcoin has the potential to give them returns and they cannot afford to miss out on that during this halving cycle, so this has influenced interest and ultimately made demand high.

We might be a little surprised that in fact a new ATH was hit before the halving, it didn't happen before so people are becoming increasingly optimistic that the highest ATH in this halving could be higher above $100k. $70k is very close, but it is strong resistance so far. But if $70k is broken, then we can get ATH this March.

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March 09, 2024, 11:49:51 PM
 #45

Probably true but not certainly or beyond doubt just yet, the price is still hovering sideways.   I dont think its really restrained at this point just idle and waiting possibly it could be described.   However there is some pressure from the moving averages all colliding as BTC continues to do nothing.  Momentum counts for something and we cannot continue to say BTC has positive momentum if its just drifting sideways.

At some point BTC registering repeatedly the same price is a flat line, a tuneless monotone and then the music has effectively stopped.   Not that a boring price has to be a negative, it could be also said to be stable aid to those fixing and setting prices preferable to some business in that way.  In terms of price aspirations, the growth many desire you do want a certain amount of inertia retained over time frames to realistically guess for higher prices.   

Movement has constricted for only 3 days, BTC remains above the 2 day average while it keeps close to the ATH.  Fairly soon it will fall below that measure, I presume it will continue sideways till at least next week.  Target downside would be to retest the March 6th lows and again check if BTC can close above 61k. 

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March 10, 2024, 12:27:46 PM
 #46



You are right, what is happening is the impact of ETF but many people have dismissed, criticized and said it is useless. So far, we need to acknowledge how big its impact has been, it has caused bitcoin to break its 4-year cycle over the past several years and we are entering a whole new era. The money flowing into the market is huge every day and I think bitcoin could surpass $70k and even $75k before the halving happens. ETFs, halving, Fed lowering interest rates and the world economy is recovering, there are a lot of positive things happening in 2024 so I firmly believe this is a super cycle for bitcoin and crypto .
ETFs is useless when we compare it with Bitcoin, but when it comes to price, they can give an influence because most people still scared and doesn't want to invest in Bitcoin if it's not get supported or promoted by the government.

Fed didn't lower the interest rates, actually the interest rates is still high https://tradingeconomics.com/united-states/interest-rate.


The focus of the topic is the bitcoin price and what I am referring to is the bitcoin price, I am not talking about privacy issues or the decentralization of bitcoin.

So far, the Fed has not lowered interest rates but we are still more than 9 months away from the end of 2024 and I am confident that they will definitely lower interest rates. The interest rate reduction will definitely take place in 2024 and that will be a sign for the economy to enter a new stage of development. Not only the cryptocurrency market but the entire financial industry will benefit.

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March 10, 2024, 03:27:57 PM
 #47

Bitcoin price has already touched 69000 thousand dollars, which is the highest price of 2021. So how reasonable do you think it is that the price of bitcoin will touch 70k dollar again if it takes another step forward?
Bitcoin is just a few hundred dollars ($800) before it reaches $70k. I can give it a few days before it reaches $70k but I cannot tell whether it will be possible before then or if we are to wait much further for it. What I am sure is that $70k is a minor price that bitcoin must have crossed for this year. I am looking forward to a higher price of $150k that bitcoin will cross before the end of this year.


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March 27, 2024, 04:19:51 PM
 #48

Bitcoin price has already touched 69000 thousand dollars, which is the highest price of 2021. So how reasonable do you think it is that the price of bitcoin will touch 70k dollar again if it takes another step forward?
It seems like what you said has been updated because bitcoin has exceeded its ATH and is now still continuing to move up but has stopped breaking through $74K. There are difficulties involved in this. Is it a sign that we are waiting to enter the halving period for corrections first before it will increase again? There is always a possibility if you look at Bitcoin's habits.
But the most important thing is that the ATH that has been passed is not the last ATH and there will still be another ATH, which may be a surprise. We are waiting for that because the 4-year cycle will see an ATH in 2025.

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March 28, 2024, 08:33:45 AM
Last edit: March 28, 2024, 09:17:14 AM by Antonil
 #49

Bitcoin went from $69K to $70K in the last few hours.  Which is a happy thing for investors. But if we look at the back market like the 2021 market, we can see that the price of Bitcoin went up to $68k. Which was its all-time price of 2021

According to the US Securities and Exchange Commission (SEC), the price of Bitcoin has increased by almost 50% in the past 1 month. Which gives a special glimpse of the current Halbing year. We all more or less know that Holling comes every 4 years. Such tie bitcoin holders expect that the price of bitcoin this year will be higher than the price of 2021.
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March 28, 2024, 12:40:04 PM
 #50

Bitcoin price has already touched 69000 thousand dollars, which is the highest price of 2021. So how reasonable do you think it is that the price of bitcoin will touch 70k dollar again if it takes another step forward?
its reality now , bitcoin touched 73k and almost broken 75k meaning this post have already served its purpose? bitcoin will continue growing mate it may not be happening infornt of your face but trust me eventually like what this done all those years specially after halving effect when the bull market keeps growing.









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March 29, 2024, 03:05:34 AM
 #51

I'm excited to see Bitcoin's price rise, indicating a renewed demand. Despite reaching recent highs, Bitcoin may fluctuate before potentially surpassing previous peaks. With the upcoming halving, there's anticipation for market opportunities.
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March 29, 2024, 03:26:03 AM
 #52

Bitcoin price has already touched 69000 thousand dollars, which is the highest price of 2021. So how reasonable do you think it is that the price of bitcoin will touch 70k dollar again if it takes another step forward?

The higher the price of Bitcoin rises, the more new records will be created, after which the price of Bitcoin will certainly reach higher receptions. 
73k dollar
 74k dollar
 75k dollar
76k dollar....
 80k dollar...
 90k dollar....
100k dollar
 From here I can see new records being set as progress continues, and six figure prices being touched.

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April 22, 2024, 04:53:08 PM
 #53

You know that market price use to change some time, to make some people think if the price will hit back $70k again, but as the price look now in the market, I don't think the price will reach $70k before the bear season will come.

I believe you are among the people that use last month to accumulate, because many hodlers use the opportunity to upgrade themselves financially, so that they will not miss the next bear that is planning to take over from the market.

We have experienced $72k in the first bull run of the year, which is the highest so far in the crypto market, I believe the price will reach $80k before the end of this year and it will be the highest for the year 2024.

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April 22, 2024, 05:28:34 PM
 #54

Its the 200 day moving average which will refllect an entire season returning or not and we are not close to a bear season or trend of decline.   Only on the smaller time frames did we have a threat of losing the gains seen this year and even that didnt occur.

Right now we're underneath the 50 day average but that measure continues to rise hence we should remain optimistic.   I do think our current trend is to just repeat which means both bullish and bearish prediction look correct at times.   Right now till it moves consistently past 69k I dont think we are doing anything new at all just running in circles like a holding pattern.

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April 22, 2024, 08:02:37 PM
 #55

Bitcoin price has already touched 69000 thousand dollars, which is the highest price of 2021. So how reasonable do you think it is that the price of bitcoin will touch 70k dollar again if it takes another step forward?
Bitcoin is just a few hundred dollars ($800) before it reaches $70k. I can give it a few days before it reaches $70k but I cannot tell whether it will be possible before then or if we are to wait much further for it. What I am sure is that $70k is a minor price that bitcoin must have crossed for this year. I am looking forward to a higher price of $150k that bitcoin will cross before the end of this year.

Unlike the previous bitcoin halving, when the price of bitcoin was far far away from its all-time high, this time bitcoin has already reached its all-time high before the halving.

You may call this a demand from the ETF or whatever, but one thing is that we are sure to see the surge in bitcoin prices making new All time highs and the top of the bull market will be very bullish and beyond imagination.


The higher the price of Bitcoin rises, the more new records will be created, after which the price of Bitcoin will certainly reach higher receptions. 
73k dollar
 74k dollar
 75k dollar
76k dollar....
 80k dollar...
 90k dollar....
100k dollar
 From here I can see new records being set as progress continues, and six figure prices being touched.


Many people thought that bitcoin should have reached 100,000$ in the last bull season but due to the pandemic the markets were slow and investors hesitated to invest in risky assets. This time we can easily see bitcoin above 250,000$ and beyond.

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April 22, 2024, 08:37:56 PM
 #56

Fast forward - I expect $100K to be reached in 2024, while I would expect $150K in 2025. These are logical numbers to expect for bitcoin post halving - but of course it must be accompanied by increased demand. So far the market has not moved up and is trending sideways - but in the last 24 hours the price has risen close to 4%.

The important resistance to break is $70K - while we can expect an ATH once the price breaks the previous ATH at $73K. Of course it still takes time and there is also a large flow of money in the market - but the chances are getting better after the halving.

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April 22, 2024, 09:20:15 PM
 #57

Bitcoin price has already touched 69000 thousand dollars, which is the highest price of 2021. So how reasonable do you think it is that the price of bitcoin will touch 70k dollar again if it takes another step forward?
right from time I do emphasize on the price of bitcoin which I know quite well that price of bitcoin is meant to change and when you know the movement of the market that will make you to understand that bitcoin price have to do with regulations, so when looking at the way bitcoin price going now you will think that the price will continue to accelerate but that is not how it does,

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April 22, 2024, 09:53:11 PM
 #58

65,000$ was the resistance level. After surpassing that price range, Bitcoin is already doing pretty well right now at 66,500$. Now I'm expecting Bitcoin to reach 67,000$, maintaining the positive trend until 70,000$, if nothing wrong happens in our way considering how unstable the world diplomacy is right now. If the tendency is able to continue on the right path we are seeing, the are good chances it won't take too long until we see a new ATH in price. It would be really nice to see Bitcoin crossing the 80,000$ line in the first days of May, next month.

I'm confident Bitcoin won't remain so stable like it current is, fluctuating from 65,000$ to 66,000$ every day. Once the price gets a nice boost, investors won't have time to buy anymore for these rates, as the price will increase a lot in a short time period. That is why it's important to be always prepared for a pump anytime.

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April 27, 2024, 02:55:06 PM
 #59

Fast forward - I expect $100K to be reached in 2024, while I would expect $150K in 2025. These are logical numbers to expect for bitcoin post halving - but of course it must be accompanied by increased demand. So far the market has not moved up and is trending sideways - but in the last 24 hours the price has risen close to 4%.

The important resistance to break is $70K - while we can expect an ATH once the price breaks the previous ATH at $73K. Of course it still takes time and there is also a large flow of money in the market - but the chances are getting better after the halving.
I am also optimistic that bitcoin price will eventually reach its new all time high soon, if not this year, probably on the first quarter of the following year. So the current price correction does not really bother me because I know it’s just temporary, and after that we will see bitcoin price starts to rise again until it breaks its previous ATH and land into its new ATH.

However, talking about as to what price it will achieve this year, I have high hopes that it will cross $90k-$95k or even above that. But if bitcoin price will surprise us with a x2 price increase, then we will see $150k in less time from now.

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April 27, 2024, 03:58:56 PM
 #60

- snip -
However, talking about as to what price it will achieve this year, I have high hopes that it will cross $90k-$95k or even above that. But if bitcoin price will surprise us with a x2 price increase, then we will see $150k in less time from now.
Lets hope the market doesnt panic when MtGox victims receive refunds of 142K BTC and 143K BCH which will probably be paid in October this year.
MtGox victims have been waiting for a long time to get that money, and probably most of them will sell it right away.
No panic sell and no FUD because of that = the BTC price will definitely reach a new ATH again this year.

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