Bitcoin breaks 2021 ATH and hits $71k!

[tengui]

I'm sure the price of bitcoin at that time rose because it was getting closer to the halving. However, this happiness was suppressed because after the halving started, the Bitcoin price tended to stabilize. Bitcoin price increases were more aggressive when the halving approached than when the halving started. So far since the halving started the Bitcoin price has not shown a significant price increase because the Butcoin price is stable between $60k-$70k. Let's see in the next few weeks market conditions will remain the same or there will be changes.

[maydna]

I'm sure the price of bitcoin at that time rose because it was getting closer to the halving. However, this happiness was suppressed because after the halving started, the Bitcoin price tended to stabilize. Bitcoin price increases were more aggressive when the halving approached than when the halving started. So far since the halving started the Bitcoin price has not shown a significant price increase because the Butcoin price is stable between $60k-$70k. Let's see in the next few weeks market conditions will remain the same or there will be changes.

It is no problem if Bitcoin is not increase now because Bitcoin will gets higher when the time is comes. You should have patient and wait for that time because we will see many correction before the price reach the higher price or even reach new ATH. Bitcoin already reached temporary higher ATH but that doesn't mean that price will not increase because many people predicted that Bitcoin can be more than $100k. Although we don't knows when Bitcoin price will rise, we don't have panic if the price gets more correction because Bitcoin will be like that. Hopefully, there will be a change in the next month so we can see an increase of the price.

[slaman29]

Then again, I got to say Bitcoin since 2021 doesn't really make me scared anymore. We say 66 then 15k, it's still 75% drop but it's not anymore like before, 20k drop to 3.5k or even 1.4k drop to $150. Call me silly but in that context it's getting less and less scary.

I've been in forex and you hardly get that kind of crazy volatility but they seem to magnify more there anyway because of decimals.

Thats your personal experience and you won't be fazed anymore no matter the figure it may drop to but what about the next person whose all time low experience of Bitcoin price is $44k? Although we don't pray for that to happen but at this rate I'm open to anything. To be honest I didn't expect to see Bitcoin reaching $60k after the halving especially with how the event is known to leave price reducing in it's wake, maybe this year is different or it's that people are not letting FUD rid them of the opportunity of investing.

Well, when did that person get in? That guy would be extremely extremely unlucky to get in at ATH which is 73k. And if he never saw lower than 44k and right now around 68k, then that person has nothing to fear.

I think people who think they need to pray or hope shouldn't be investing. You pray and hope when you're gambling

Investing is a decision arrived at after a lot of thought. No needs for prayers

Good luck to you tho, I'm just happy whatever the outcome. I was happy in 2017 when I missed ATH, me without experience. I'll be fine!!