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Author Topic: another ATH , 71k and still climbing.  (Read 1456 times)
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April 06, 2024, 11:49:56 PM
 #61

BTC is slithering across the line here with its passing of the ATH it moved ahead and pulled back quite uncertain still.  It could be a positive signal moving into next week if it can manage to do so.  Only this last week 7 days ago did BTC close above 69k on a weekly bar closing basis and thats just the one weekly bar which isnt enough to provide confidence to the market especially.

For now till BTC confirms confidently above prior ATH as something of a support line we should doubt the gains stay solid I think is fair conclusion.

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April 07, 2024, 01:46:34 PM
 #62

I think Bitcoin prices will continue to rise this year until they reach at least above $80k. I am optimistic because before the Halving occurred, Bitcoin had set an ATH record, which was in the price range above $73k. Therefore, when the Halving occurs, bitcoin has the potential to reach a price above $80k, it does not even rule out the possibility that the price of bitcoin will reach $100k, which is another new ATH record.
that is potential but we have no assurance , bitcoin will be climbing after halving like what the recent after that event though there are a lot of different actions we have this year because look how much the price of bitcoin still while halving is so near to happen, in the past seasons ? we mostly dropping in this area but like at this point? maybe we will see different approach this time around , 3 weeks to go now guys keep your funds intact and ready to react .
surely the halving when it arrives gonna be underwhelming doesn't mean we're in for bad season though the market is bullish everyone is readying their money to buy whenever price dipping happens its overall good landscape with bitcoin there are very few limiting factors there other than maybe whales dumping their coin to take profit but i'm sure even that could still easily be overcome by bitcoin market since everyone including the guy with smaller capital are also trying to accumulate.

I'm pretty optimistic as the guy above with price of bitcoin after it breaking through $70k im pretty sure it will do wonder and give us that $100k target before the end of the year, i could be wrong but im just faithful and optimistic since bitcoin has never disappointed me even in the past.

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April 07, 2024, 05:46:31 PM
 #63

Of course I tried hard enough to hold on to the investment and still accumulate bitcoins following the DCA method.  I have bifurcated my holdings following the DCA approach with a roadmap of holding for five to ten years or until the halving in 2028. And my other halt is that I hold for every halving. So I will sell the hold in 2025 and keep another hold until 2028.
Hopefully the strategy you apply can always run quite smoothly because we all can't know what the actual market conditions will be after the halving this year. Although almost everyone believes that the market trend will remain fine as long as the price decline in Bitcoin is not too significant because if the price decline only occurs in a very small percentage, of course there could be more price jumps in Bitcoin. And those who continue to hold it with sincerity will definitely experience quite a lot of victory.
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April 07, 2024, 07:18:28 PM
 #64

Of course I tried hard enough to hold on to the investment and still accumulate bitcoins following the DCA method.  I have bifurcated my holdings following the DCA approach with a roadmap of holding for five to ten years or until the halving in 2028. And my other halt is that I hold for every halving. So I will sell the hold in 2025 and keep another hold until 2028.
Hopefully the strategy you apply can always run quite smoothly because we all can't know what the actual market conditions will be after the halving this year. Although almost everyone believes that the market trend will remain fine as long as the price decline in Bitcoin is not too significant because if the price decline only occurs in a very small percentage, of course there could be more price jumps in Bitcoin. And those who continue to hold it with sincerity will definitely experience quite a lot of victory.

The current surge in bitcoin prices over the all time high is nothing as compared to when we see the bitcoin prices move parabolically in the bull run after the halving. Bitcoin dumped from almost 73K to 63K ish level and some people are panicking and saying that the bull market is over and other things. These people have no knowledge about Bitcoin and its pre-halving and post-halving phases. If they had some knowledge they would be saying such things.

I would just say that these small dumps are the buying opportunities and after the halving and in the 3rd quarter of this year, we will see the most bullish bull market big parabolic moves that no one can imagine at the moment.

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April 07, 2024, 10:00:19 PM
 #65

Of course I tried hard enough to hold on to the investment and still accumulate bitcoins following the DCA method.  I have bifurcated my holdings following the DCA approach with a roadmap of holding for five to ten years or until the halving in 2028. And my other halt is that I hold for every halving. So I will sell the hold in 2025 and keep another hold until 2028.
Hopefully the strategy you apply can always run quite smoothly because we all can't know what the actual market conditions will be after the halving this year. Although almost everyone believes that the market trend will remain fine as long as the price decline in Bitcoin is not too significant because if the price decline only occurs in a very small percentage, of course there could be more price jumps in Bitcoin. And those who continue to hold it with sincerity will definitely experience quite a lot of victory.

The current surge in bitcoin prices over the all time high is nothing as compared to when we see the bitcoin prices move parabolically in the bull run after the halving. Bitcoin dumped from almost 73K to 63K ish level and some people are panicking and saying that the bull market is over and other things. These people have no knowledge about Bitcoin and its pre-halving and post-halving phases. If they had some knowledge they would be saying such things.

I would just say that these small dumps are the buying opportunities and after the halving and in the 3rd quarter of this year, we will see the most bullish bull market big parabolic moves that no one can imagine at the moment.
Well am too sure about the technology that's behind bitcoin but the way the bull run elevated the price above the previous ATH is first that we haven't seen before and for now anything that has lead to the reduction in price of Bitcoin, I believe its all correct and preparations of the halving and the bull market that comes after it. For now the price is lingering around $60-70k and its become Normal because of the fact that bitcoin is getting ready for the big bull ahead.

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April 07, 2024, 10:21:59 PM
 #66

BTC is slithering across the line here with its passing of the ATH it moved ahead and pulled back quite uncertain still.  It could be a positive signal moving into next week if it can manage to do so.  Only this last week 7 days ago did BTC close above 69k on a weekly bar closing basis and thats just the one weekly bar which isnt enough to provide confidence to the market especially.

For now till BTC confirms confidently above prior ATH as something of a support line we should doubt the gains stay solid I think is fair conclusion.
The current resistant price crisis may persist for a while and at that we may be seeing a frequent attempt by bitcoin to constantly break it previous all time high each time but when the price goes above the 71k+ price it get pull down again and again and this is what have been to occurrence in recent time  but I believe after the bitcoin halving,  we will likely see a new all time high price that could surpassed the  recent ATH price and this is what we have to look out for at all time.

Another thing to take note of is the recent price break out of all time high before the bitcoin having which is what may cause a prolonged price correction in the coming days and weeks before we eventually see new all time high.

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April 08, 2024, 01:26:34 PM
 #67

Since we're in a new month is it that we're going to see a new ATH, since the previous month went off with Bitcoin price dropping so fast that it seems like it will get back to $40k? I kinda feel like the delay we had last month will turn out to be in our favor, talking about holders, investors and traders as the case maybe.
In as much as we have the figures dropping very fast without going back up (last month), I feel this time we might be seeing something different, something higher than the previous ATH not $71k or $73k, let's say $80k to $85k+, who knows what the market price have for us this time around.
The price of bitcoin dropped because there was news of other effects that affected it but bitcoin never returned that low to $40K even though we considered going to $40K as a base price but fortunately $60K was still high even though it was the best price to buy.

Different from the current month because the halving will fall in this month just waiting for a few more days, my opinion is that the price will not move significantly it will definitely sideways in a few months before jumping back to $ 80K obviously this is not the right prediction the same thing where BTC is approved the price does not just go up immediately.

I think since we're expecting the halving this month that's why the price of Bitcoin came back to it's normal sense, for sometime now we have been seeing the market price at $60k to $69k, so it has been going until today (if I'm not mistaken) it got back to where it was before which is $72k and I'm some how expecting it to get past the current price to maybe $75k or more before the week runs out.











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April 08, 2024, 01:54:25 PM
 #68

As the halving comes too close, buying demand tends to increase making the price of Bitcoin surging high like we are in ATH every day.
More pumps are we going to expect in the coming days but of course, some corrections can be possible as well. With the uphill climb of Bitcoin's price these days, many people will take advantage of the situation and sell their coins for a profit. If ever the price hits $100k within this year, that gonna be the new ATH for me and I certainly be selling my Bitcoin that time.

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April 09, 2024, 02:47:28 PM
 #69

Maybe the price effect is dumping again because the season of hype/trend/narrative that is developing is not much in demand or indeed it will enter bearish again, because we know after a long enough bullrun, bearish will arrive.

Let's just wait after the halving ... there has been a lot of speculation that the price of bitcoin will be higher, you certainly have your own figures about bitcoin's ATH so that's what we want to know later and maybe 2025 will still be in bullrun.
It doesn't matter if I enter a bearish market again, as long as my FIAT reserves are still there I will buy it again. I will not sell my assets before 2025, because entering 2025 we will see how bigger bitcoin is. now it's still the early stages of a bigger bullrun. take advantage of the higher price now as I fear $60k-$70k is the floor in the future.
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April 09, 2024, 03:15:01 PM
 #70

As the halving comes too close, buying demand tends to increase making the price of Bitcoin surging high like we are in ATH every day.
More pumps are we going to expect in the coming days but of course, some corrections can be possible as well. With the uphill climb of Bitcoin's price these days, many people will take advantage of the situation and sell their coins for a profit. If ever the price hits $100k within this year, that gonna be the new ATH for me and I certainly be selling my Bitcoin that time.

Yes, and with that we have a pump to $71k-$72k in the last 24 hours.s

Unfortunately, it wasn't maintain as the price dip again to $69k, it's not a huge drop, and from what I'm seeing, there is another profit taking from short term speculators or day traders. But still, we should be looking at the long picture here.

We are still not yet in halving and so we should remain calm and patience and wait for the halving to happen first and see how it goes for this year.

 
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April 10, 2024, 05:22:31 PM
 #71

Maybe the price effect is dumping again because the season of hype/trend/narrative that is developing is not much in demand or indeed it will enter bearish again, because we know after a long enough bullrun, bearish will arrive.

Let's just wait after the halving ... there has been a lot of speculation that the price of bitcoin will be higher, you certainly have your own figures about bitcoin's ATH so that's what we want to know later and maybe 2025 will still be in bullrun.
It doesn't matter if I enter a bearish market again, as long as my FIAT reserves are still there I will buy it again. I will not sell my assets before 2025, because entering 2025 we will see how bigger bitcoin is. now it's still the early stages of a bigger bullrun. take advantage of the higher price now as I fear $60k-$70k is the floor in the future.
That's the problem, I don't have a lot of fiat reserves during today's correction to $67.5K, I can't buy because of the limited fiat I have, as a result, I see the price has now returned to $69K, try to take advantage of the correction opportunity but I realize that I won't force it unless I buy when fiat is available.

It could be where the price of $60K - $70K will be the lowest point in the future considering that the ATH of bitcoin continues to see from the previous ATH, the lowest price will be higher over time, what is clear is that I only take advantage of the opportunities that exist where when I can buy but when there is no will not sell the price of bitcoin until 2025 because for me it will be the peak year.

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April 10, 2024, 05:48:07 PM
 #72

I wont be surprised if another ATH price is reached. I meant we won’t be surprised anymore. We know the craze of Bitcoins and its real. Hence we might see the ATH price breaking multiple times before the halving. Moreover if people keeps on buying the coin, then it will lead to more price rise and eventually something new will be seen. Let’s not take too much tension now. Let’s just observe the graph of the coin.

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April 10, 2024, 06:34:38 PM
 #73

are we  going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/  the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?
During March the price of $75k had not been reached. Entering April, the highest price still had not reached $75k.
We need to take a break as we prepare for a high that could reach $100k. During this month of April we were also well prepared for when the price could jump to $75k and pass it optimistically amidst the doubts of some groups of people on Bitcoin.

Hold is still our best option with current Bitcoin holdings. When the halving happens, maybe that's when we'll get big returns.
There is no better option right now than to hold and add Bitcoin to your wallet before the price breaks and passes $75k.

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April 10, 2024, 09:34:43 PM
 #74

are we  going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/  the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?
During March the price of $75k had not been reached. Entering April, the highest price still had not reached $75k.
We need to take a break as we prepare for a high that could reach $100k. During this month of April we were also well prepared for when the price could jump to $75k and pass it optimistically amidst the doubts of some groups of people on Bitcoin.

Hold is still our best option with current Bitcoin holdings. When the halving happens, maybe that's when we'll get big returns.
There is no better option right now than to hold and add Bitcoin to your wallet before the price breaks and passes $75k.

Yes, it didn't get to $75k last March but guess what, we have a new all time high at $73k and I guess everyone will agree that it is good to see that price. Nevertheless, if we get to $75k before the halving we will take it as it is. And speaking of halving, we are just 9 days away from it. All of us here could have a feeling excitement that once again, we will see for ourselves, (this is my second time). And with that, we should be a long term holder more than anything else as we are expecting a huge bull run this year and then the top price next year. $100k is a conservative estimate, so just HODL a bit and have patience.

 
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April 10, 2024, 09:37:51 PM
Merited by fillippone (1)
 #75

Holding your Bitcoin should be a best option to someone who wants accumulate Bitcoin in future because someone who have a short site concerning Bitcoin will not hold it's  bitcoin for long time, so for my understanding I think that it is proper for you to make an investigation before holding a Bitcoin and you should not hold a bitcoin because some people who is with you are holding Bitcoin but you rather try to investigate properly before you hold bitcoin and know they advantages and disadvantages of holding it so that is my own advice to whoever want to invest in Bitcoin for long. Because the price of Bitcoin clamping I'm also get to a point that it will depreciate

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April 11, 2024, 07:05:46 PM
 #76

<snip>
Yes, it didn't get to $75k last March but guess what, we have a new all time high at $73k and I guess everyone will agree that it is good to see that price. Nevertheless, if we get to $75k before the halving we will take it as it is. And speaking of halving, we are just 9 days away from it.
It is impossible for people who have experienced Bitcoin's ATH to doubt that the next ATH will occur. The number of days is according to estimates. Regarding the price of $75k before the halving or maybe below $75k, for us there is no reason to be pessimistic. Give it a chance to move as it wishes to surge higher afterward.

All of us here could have a feeling excitement that once again, we will see for ourselves, (this is my second time). And with that, we should be a long term holder more than anything else as we are expecting a huge bull run this year and then the top price next year. $100k is a conservative estimate, so just HODL a bit and have patience.
When the long-awaited time comes, Bitcoin's ATH price reaches the lowest $100k than expected and may not cross the $100k price, holders who have been waiting for a new ATH for a long time, I think will change their strategy in preparation for the new future.
I mean by long term from the lowest price to the new highest price with the assumption that after $100k is reached, the investor will reset to a new strategy.

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April 12, 2024, 10:58:07 PM
 #77

Yes, it didn't get to $75k last March but guess what, we have a new all time high at $73k and I guess everyone will agree that it is good to see that price. Nevertheless, if we get to $75k before the halving we will take it as it is. And speaking of halving, we are just 9 days away from it. All of us here could have a feeling excitement that once again, we will see for ourselves, (this is my second time). And with that, we should be a long term holder more than anything else as we are expecting a huge bull run this year and then the top price next year. $100k is a conservative estimate, so just HODL a bit and have patience.
We almost saw the market price reach $73k but unfortunately the market correction happened so quickly that the price fell drastically to reach $65k, I am not surprised by the correction that is happening right now because the market has created a significant movement pattern and the same thing is likely to happen in a correction market, I think this second market correction will not be able to recover instantly and indicates that another correction will occur until it reaches a price below 60k, so prepare your budget to set a DCA investment target at the lowest price.
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April 13, 2024, 02:18:58 AM
 #78

are we  going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/  the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?

A few days ago we had a chance to touch $75k dollars but instead of going to that level, the Bitcoin market went back to dumping after going closer to $73k. If you look at today's market, you will definitely get a lot of pause because the market has experienced a lot of volatility. From the market $71k dollars it turned into volatility and came down to $64k dollars which is a huge bear.  But we should hope that as we have Bitcoin halving waiting next week, the market will bounce back soon. However, since the Bitcoin market is still very low, you can hold on to the investment if you want, and you will certainly have the desire to make a good profit in a few days. Since the market is jumping right now we are definitely going to see it pumping higher in a few days, then surely the Bitcoin market will be in a good position. And if you invest bitcoin now and hold for long time then it will be best for you, and you will get much more when bitcoin fry reaches its peak.

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April 13, 2024, 03:45:18 AM
Merited by philipma1957 (1)
 #79

are we  going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/  the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?

A few days ago we had a chance to touch $75k dollars but instead of going to that level, the Bitcoin market went back to dumping after going closer to $73k. If you look at today's market, you will definitely get a lot of pause because the market has experienced a lot of volatility. From the market $71k dollars it turned into volatility and came down to $64k dollars which is a huge bear.  But we should hope that as we have Bitcoin halving waiting next week, the market will bounce back soon. However, since the Bitcoin market is still very low, you can hold on to the investment if you want, and you will certainly have the desire to make a good profit in a few days. Since the market is jumping right now we are definitely going to see it pumping higher in a few days, then surely the Bitcoin market will be in a good position. And if you invest bitcoin now and hold for long time then it will be best for you, and you will get much more when bitcoin fry reaches its peak.

In just a few short months, bitcoin increased from $15k to $30k and from $30k to $73k and those who bought bitcoin for less than $20k, they made double profits 3 times. But I haven't seen anyone say bitcoin increased too much or skyrocketed, but when bitcoin only decreased less than 10%, from $71k to $64k as you said, you think that is a huge bear. Is this fair or are we being too greedy to just want to see bitcoin just go up forever and not want it to correct? Overall, there is nothing to worry about with the current situation, bitcoin is still holding at a very good price.

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April 17, 2024, 09:48:21 AM
 #80

Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.

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