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Author Topic: another ATH , 71k and still climbing.  (Read 1446 times)
peter0425 (OP)
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March 11, 2024, 09:36:53 AM
 #1

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?

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March 11, 2024, 09:59:06 AM
 #2

OP, you probably should move this to the Speculation section--where I'm sure a thread like this will be in good company with all the others now that a new ATH has been reached.

It's funny.  I took a long nap, and one of the first things I thought of was what bitcoin might have done while I was asleep.  I kind of figured it'd remain stagnant, but nope.  Hard to fathom that it's above $71k, and I'm hoping the price doesn't go exponential lest we get another 2017-18 scenario.  Guess we'll see.

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March 11, 2024, 11:57:25 AM
 #3

Why move this thread from speculation to economics? It suppose to be in speculation board.

Any reason for this Pump now?
The main reason for this pump are the institutions that are buying bitcoin and also because bitcoin supposed to be bullish this year and next year. We are in bull period.

are we  going to see 75k this time?
Bitcoin has just surpassed $72000. $75000 is very close. We are going to $100000.

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peter0425 (OP)
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March 13, 2024, 06:47:14 AM
 #4

Why move this thread from speculation to economics? It suppose to be in speculation board.
yeah a mistake mate , have just bring it back to the right section thanks for reminding me.
Quote
Any reason for this Pump now?
The main reason for this pump are the institutions that are buying bitcoin and also because bitcoin supposed to be bullish this year and next year. We are in bull period.
I expected the bull to be this year but yeah not expecting this much increase as I though 2025 is the ATH breaking year.
Quote
are we  going to see 75k this time?
Bitcoin has just surpassed $72000. $75000 is very close. We are going to $100000.

after a slight correction yesterday now it started ti climb back again and indeed ,75kis near the corner

https://coinmarketcap.com/currencies/bitcoin/

OP, you probably should move this to the Speculation section-
Done mate, thanks!!

Quote
It's funny.  I took a long nap, and one of the first things I thought of was what bitcoin might have done while I was asleep.
While I did not expect this but like yours when I woke up in the morning? was shocked of market revelation bitcoin is a 71k (and now its 72k and climbing)


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March 13, 2024, 01:02:52 PM
 #5

Why move this thread from speculation to economics? It suppose to be in speculation board.

Any reason for this Pump now?
The main reason for this pump are the institutions that are buying bitcoin and also because bitcoin supposed to be bullish this year and next year. We are in bull period.

are we  going to see 75k this time?
Bitcoin has just surpassed $72000. $75000 is very close. We are going to $100000.
Yeah, it did it $73k, and I think there is no stopping as where the price will be pre-halving. Although I think the bulls intention is to break the previous all time high. But it's not out of control in a good way. And so it's possible that with this kind of bullish momentum, $75k will be achieved or even higher as we hit the halving. There were also speculation that we could see a correction just like the previous history. But this is the first time that we have seen this kind of price movement, so the previous run could not be applicable in this bull cycle as new patterns are emerging. As for what is the reason? obviously, everyone wanted to get as much Bitcoin as they can before the halving, as the demand is going to be huge in the next couple of years. And if we buy and HODL today, it could be worth something specially reaching new all time high at 6 digits.

R


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March 13, 2024, 03:50:21 PM
 #6

HODL guys , keep holding .

Any reason for this Pump now?
Yes, we know that Bitcoin this year has shown a new ATH, above the ATH that occurred in 2021, this shows that some speculation has succeeded in bringing Bitcoin users around the world in a new direction, This is a good sign for Bitcoin's development at the moment, rather than doing random speculation, Bitcoin dies, Bitcoin expires, Bitcoin and so on, the fact that Bitcoin has shown the best of all time, that's the point.

I believe that at this time Bitcoin has not yet reached the threshold of its highest peak, it is estimated that Bitcoin will show its highest peak in early May, even though currently $75k has been seen, I believe Bitcoin for this year could reach above $80k, so I agree to hold back any more until the halving has actually happened and a new ATH is really visible.

R


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March 13, 2024, 04:30:43 PM
 #7

HODL guys , keep holding .

Any reason for this Pump now?
Yes, we know that Bitcoin this year has shown a new ATH, above the ATH that occurred in 2021, this shows that some speculation has succeeded in bringing Bitcoin users around the world in a new direction, This is a good sign for Bitcoin's development at the moment, rather than doing random speculation, Bitcoin dies, Bitcoin expires, Bitcoin and so on, the fact that Bitcoin has shown the best of all time, that's the point.

I believe that at this time Bitcoin has not yet reached the threshold of its highest peak, it is estimated that Bitcoin will show its highest peak in early May, even though currently $75k has been seen, I believe Bitcoin for this year could reach above $80k, so I agree to hold back any more until the halving has actually happened and a new ATH is really visible.
I believe it is proven just more than mere speculation and over exaggerating about the potential and possibilities that Bitcoin could attain. Many must have doubted and some felt insecure probably due to how they experienced the DIP, forgetting despite the length of it's volatility there is always every potential of market recovery to bounce back and even exceed the previous price mark.

We only need to keep strong hold of our portfolio and welcome every new price mark to be attained in the coming weeks and months, nothing seems impossible when dealing with Bitcoin investment. Bitcoin should be able to see $80k in this month if only there would be no possible correction.

.
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March 13, 2024, 04:50:53 PM
 #8

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?
The only reason is, the time has come and Bitcoin has spoken, we will aim higher this time.
Hold if you still see Bitcoin can reach more and take profit when you’re ready and happy, we should be more cautious though because Bitcoin can’t pump that much continuously, it will always take time though considering the bull trend this time, I think this is really different and a stronger trend.

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March 13, 2024, 04:58:02 PM
 #9

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?

Many experts have predicted that bitcoins will touch 100k usd before the actual correction happens in the price. Hence there is more hope I must say. So we need to show more faith and hold till it reach 100k usd. Currently while writing this post, Bitcoins are at 73k usd and increasing. So lets hope for the best. It’s also seen that, more people are pumping it by buying the coins. So definitely bitcoins will go more up.

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March 13, 2024, 05:07:17 PM
 #10

There is no reason apart from the approval of bitcoin ETF. This has really helped bitcoin price to reach this level. Demand and supply is plays a major role as you can see institutions and individuals are buying bitcoin, preparing for the halving event, because we are already in the period that bitcoin becomes bullish.

The price of bitcoin is currently 73k, and my speculation is that we might see 80k price before the halving, and 100k price after the halving. This circle is a special one from the previous circles, as bitcoin price is pumping to the prices that no one expected. I am hodli my bitcoin till the price of bitcoin hits 100k, then I can take some profit.  Grin

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March 13, 2024, 05:39:26 PM
 #11

It will be very close to $75,000 then it will arrive in the next few days. Cheesy

Make no mistake this is my own prediction. Tongue

Reason: It has entered the starting gate for a bullrun, before the ATH halving has occurred then after that the price will be higher, there are many factors why the price of bitcoin continues to rise because the market is getting crowded with the number of investors who continue to enter, believe me this will continue to grow.

Staying a HODLer until $100K or $150K is still realistic.

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March 13, 2024, 05:52:25 PM
 #12

are we going to see 75k this time? because bitcoin is in the 3rd time this month has broken 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?
Yes, we will reach 75k soon. Maybe before the week ends, and i will be very glad. This is because when it reaches 75k we will be left with just 25k to reach 100k which is everybody's expectation. By then, i will be certain that the 100k will not exceed this year and that if bitcoin happens, it will be about 50k before it starts retracing back to the 100k.

Am still confused a little although. I said this because i dont know how bitcoin will do after the halving since it has already done enough this period, And should investors take profit now even if the halving has not occurred.

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March 13, 2024, 06:47:54 PM
 #13

Its over $73,000 as I write this!

I have it in my head that because we have matched and passed the previous ATH and
the big rapid run up to do it that I find hovering around $71,000 a bit boring, we have
been spoiled with all the Bull activity, does anyone else have that?

$75k becons very soon, it might very well be tomorrow, the buy pressure is going to
continue for sure.

R


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March 13, 2024, 08:50:58 PM
 #14

Its over $73,000 as I write this!

I have it in my head that because we have matched and passed the previous ATH and
the big rapid run up to do it that I find hovering around $71,000 a bit boring, we have
been spoiled with all the Bull activity, does anyone else have that?

$75k becons very soon, it might very well be tomorrow, the buy pressure is going to
continue for sure.

Yes, checking on the price, now it becoming a suspense specially if you haven't follow the price in the last 24 hours. I mean when I check cmc, it will show the old price until it will update and then boom, $73k and counting.

So obviously it will be $75k, the pressure from retail and institution to buy is going to continue as we have like 2 more weeks and then we will see the bitcoin halving event. I think everyone wanted and will continue to buy and after $75k it will be $80k that will be the next target. And usually if we break that whole number, it's going to be easy and there will be no resistance on the next jump.

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March 13, 2024, 09:18:09 PM
 #15

Keep holding your bitcoin because today the new higher price touched and bitcoin pump above $73k, before halving time many speculation with new all time high price and don't be easily for selling your bitcoin right now because another ATH are waiting for.
I have make final decision never sell bitcoin before raising up to $85k but its happening few days before halving time, left one month keep motivate for my self holding bitcoin until my target price reach.

Do you have ideas until how much price for bitcoin sell? do you see the most expected price above $100k will come true when bitcoin before or after halving because many holder believing with the bitcoin potential will raise that price.

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March 14, 2024, 04:23:34 AM
 #16

There is no technical analysis really in this space. The last was the prior ATH. Right now the only technical levels I can see besides some rare fib extension levels is the $75K and $100K psychological.

There is also the $100,000 CAD level which would be around $74K or so. So there might be some sellers in these areas which might stall the price a little before resuming higher.
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March 14, 2024, 04:52:32 AM
 #17

it did it $73k, and I think there is no stopping as where the price will be pre-halving. Although I think the bulls intention is to break the previous all time high. But it's not out of control in a good way. And so it's possible that with this kind of bullish momentum, $75k will be achieved or even higher as we hit the halving. There were also speculation that we could see a correction just like the previous history. But this is the first time that we have seen this kind of price movement, so the previous run could not be applicable in this bull cycle as new patterns are emerging. As for what is the reason? obviously, everyone wanted to get as much Bitcoin as they can before the halving, as the demand is going to be huge in the next couple of years. And if we buy and HODL today, it could be worth something specially reaching new all time high at 6 digits.
I get that we feel like we are not entirely sure how high it could go, but getting to hype about it could also end up quite terrible if we are not careful. I have seen a lot of people lose all of their savings during the bull run and that is such a shame because the same people could have been super wealthy during the same period.

The main reason why people lose is because they take on way too much risk and they face corrections during the bull period, and this results with them having a bad return. I think it would be a lot better if we could just focus on what kind of money we could make, and also have some sort of risk management in place to make sure that we are protected when we are trying to make money.

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March 14, 2024, 05:27:37 AM
 #18

It will be very close to $75,000 then it will arrive in the next few days. Cheesy

Make no mistake this is my own prediction. Tongue

Reason: It has entered the starting gate for a bullrun, before the ATH halving has occurred then after that the price will be higher, there are many factors why the price of bitcoin continues to rise because the market is getting crowded with the number of investors who continue to enter, believe me this will continue to grow.

Staying a HODLer until $100K or $150K is still realistic.
but what about the before/after halving effect that mostly making the market
dumping ? yeah we already see the before effect (in which the price really grows up
and break the ATH) but what about the after halving? I am asking this not because
I don't trust bitcoin but I am interested in hearing good things to happen this whole
year, not calling the 2025 super bullrun year.

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March 14, 2024, 08:31:07 AM
 #19

but what about the before/after halving effect that mostly making the market
dumping ? yeah we already see the before effect (in which the price really grows up
and break the ATH) but what about the after halving? I am asking this not because
I don't trust bitcoin but I am interested in hearing good things to happen this whole
year, not calling the 2025 super bullrun year.
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.

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March 14, 2024, 08:48:53 AM
 #20

It will be very close to $75,000 then it will arrive in the next few days. Cheesy

Make no mistake this is my own prediction. Tongue

Reason: It has entered the starting gate for a bullrun, before the ATH halving has occurred then after that the price will be higher, there are many factors why the price of bitcoin continues to rise because the market is getting crowded with the number of investors who continue to enter, believe me this will continue to grow.

Staying a HODLer until $100K or $150K is still realistic.
I checked the price now and it was sitting at $73k. It looks like we are experiencing a consistent growth here, so what you are telling there is possible. We already drop a few times after we hit $70k, so I'm not expecting for any correction at the moment until we reached $75k. To sell now is not what you call a mistake (if this is the mistake you are referring to?), but just ensure that you bought a little earlier, if not, well it may be best to just HODL for a while.

I don't see a lot of factors for the growth of the price of BTC aside from the ETF and the upcoming halving. The one that you said where investors continues to enter is only common and always there but I must need to agree that new investors alone more than enough for driving bitcoin prices to test $100k levels in short term. So, continuing to hold would be a better option for right now.
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