Bitcoin breaks 2021 ATH and hits $71k!

[blckhawk]

I'd say getting used to this back and forth in price will help limit the expectations we have for this year's halving. Bitcoin has been in the $63-68k for the better part of last week but we are seeing improvement this week as at time of writing,it's at $70,904.00, not like we haven't seen this before but with the fact that there hasn't been any big whale actions recently, figures like this are small victories to be celebrated.
 Since we are very close to the halving period, I think we'd be seeing less of $60-69k, but more of progressive numbers so it's just a matter of time and patience.

What I just like to believe in this situation is that there's a possibility that these whales are still accumulating as much bitcoin as they can because they want to do something bigger than just doing their typical bitcoin dumps and such, at least that's what I believe in all of this. What I believe we can do though is to just wait for it, don't overdo the spending on bitcoin and other stuff so you can still buy when bitcoin suddenly dumps and don't overdo the selling of your bitcoins even if they're just a little, you might miss out on the potential amount of profit that you could've gotten if only you've waited a little bit longer. I don't expect bitcoin to suddenly go up or down when the halving starts, maybe in a week or two weeks after the halving we might be able to see something happen.

[Hallroom]

Well, just as the title reads, it seems we'll be in for more exciting developments regarding the price of Bitcoin. Just this morning when I checked it's price, I saw $68,468 and now it's just shot up to $71,680.57! A new ATH! Well I'm sure this is just the beginning of more interesting things but I hope this trend continues. Is it the bull run that caused it's price to shoot up or is there a big whale buying?

https://coinmarketcap.com/community/articles/65eed16bd332502ef6d4a31b/

Currently, today I checked the price this morning and saw that Bitcoin has directly touched $65k from $71k. I never thought it would be possible for bitcoin price to dump so much but recover and go back to past pace. So I prefer to invest in bitcoin today dumping and recovery.

[shinratensei_]

Currently, today I checked the price this morning and saw that Bitcoin has directly touched $65k from $71k. I never thought it would be possible for bitcoin price to dump so much but recover and go back to past pace. So I prefer to invest in bitcoin today dumping and recovery.

saying the dump from $71k to $65k to be dumping so much is in my opinion kinda hyperbolic though no offense but we've seen even worse price dump already basically going down from $70k to $60k, this one price pull back is mild at best there's no reason to over worrying about it the reason why people are so shocked is because altcoin is dumping hard too which few weeks ago don't really follow the trend of bitcoin because altcoins are having their own moment of bullrun right now all altcoin are following the price crash of bitcoin but so far nothing to be concerned.

the price will eventually recovers back, my investment that were made when bitcoin was dipping already in profit right now so its definitely good situation for me.
but for those that bought around $70k definitely losing some money but they can just wait it out.
remember that the holder that bought at the peak previous bullrun might think their money is doomed when the price suddenly falls back then, but little do they know that the current price is already around the previous bullrun all time high.

[Republikcoin.com]

Currently, today I checked the price this morning and saw that Bitcoin has directly touched $65k from $71k. I never thought it would be possible for bitcoin price to dump so much but recover and go back to past pace. So I prefer to invest in bitcoin today dumping and recovery.

That amount is a very reasonable amount for a coin like Bitcoin to experience a price correction because with Bitcoin's current price being that high, of course it wouldn't be that big if the price correction was only $5K or less than that. Moreover, you can also see what percentage of the price correction is so that in the future you will be more used to seeing corrections again in Bitcoin at different times. So don't be surprised by that and keep investing in Bitcoin with the current conditions.

[erep]

Currently, today I checked the price this morning and saw that Bitcoin has directly touched $65k from $71k. I never thought it would be possible for bitcoin price to dump so much but recover and go back to past pace. So I prefer to invest in bitcoin today dumping and recovery.

That amount is a very reasonable amount for a coin like Bitcoin to experience a price correction because with Bitcoin's current price being that high, of course it wouldn't be that big if the price correction was only $5K or less than that. Moreover, you can also see what percentage of the price correction is so that in the future you will be more used to seeing corrections again in Bitcoin at different times. So don't be surprised by that and keep investing in Bitcoin with the current conditions.

Every significant increase will have the same potential for a market decline, so we are always advised to avoid investing in unstable market conditions to avoid significant declines, even though the market condition is only down $6k from the highest price but don't ignore other declines that have not yet occurred. happened, so every investor has been waiting for a lower market price moment to invest in the $50k target, we have seen the market almost fall below 60k despite a temporary recovery that could sustain the market price above 60k.

[BITCOIN4X]

~Snip

Every significant increase will have the same potential for a market decline, so we are always advised to avoid investing in unstable market conditions to avoid significant declines, even though the market condition is only down $6k from the highest price but don't ignore other declines that have not yet occurred. happened, so every investor has been waiting for a lower market price moment to invest in the $50k target, we have seen the market almost fall below 60k despite a temporary recovery that could sustain the market price above 60k.

Each investor's risk tolerance is different, in fact there are always people who are brave enough to buy a lot at ATH just because they are optimistic that the price will rise even higher while waiting for a decline to do DCA. Investing is basically not just about expecting returns, it is also about how you develop a strategy so that the average price you buy is lower to get maximum profit.

In all likelihood, there are always people who will buy regardless of how high or low the price of bitcoin is. More than a year of major bullishness will occur after the halving, so they can take advantage of this day to buy a lot and wait for the right time to sell at the right price.

[GeorgeJohn]

Well, just as the title reads, it seems we'll be in for more exciting developments regarding the price of Bitcoin. Just this morning when I checked it's price, I saw $68,468 and now it's just shot up to $71,680.57! A new ATH! Well I'm sure this is just the beginning of more interesting things but I hope this trend continues. Is it the bull run that caused it's price to shoot up or is there a big whale buying?

the price of cryptocurrencies especially bitcoin is unpredictable because The price can be at range of 70,000 and within some minutes the price will go down to 50,000 so that is why we say that the price of Bitcoin is not constant and in some predictable because the market you cannot determine the market what makes the price to fluctuate is because of the demand and the supply or the market when did the mind is higher than the supply the market will continue to accelerate but when the supply is higher than the Demand The Market will start going down

[Majestic-milf]

 Bitcoin is not stable at the moment and we saw it touch the $58-9k waters about two days back and that must have gotten some holders to panic and sell their coins but at the moment, it has picked up pace and is as at time of writing, $62,917.40. I wonder if we'd be able to see more upward movement to around the range of say $67-68k or is this the best we'd see it for the moment?
 May is seldom a good month for Bitcoin price, maybe this time will be different? Speculators are predicting it's price to fall to $67k by tomorrow and even though there's a rise now, I'm not certain it will get there as I see it's price to be fluctuating around $63-64k.

[Iranus]

Bitcoin is not stable at the moment and we saw it touch the $58-9k waters about two days back and that must have gotten some holders to panic and sell their coins but at the moment, it has picked up pace and is as at time of writing, $62,917.40. I wonder if we'd be able to see more upward movement to around the range of say $67-68k or is this the best we'd see it for the moment?
 May is seldom a good month for Bitcoin price, maybe this time will be different? Speculators are predicting it's price to fall to $67k by tomorrow and even though there's a rise now, I'm not certain it will get there as I see it's price to be fluctuating around $63-64k.

I clearly remember that when the halving event was approaching, everyone was very optimistic and believed that bitcoin would have a new ATH in April but in the end it went against the crowd's expectations. But now that people are no longer optimistic and starting to panic, I no longer see too many people who think bitcoin will rise this month. I'm thinking that bitcoin always surprises the crowd, it always rises in people's doubts, so maybe this month will be a good month of growth for bitcoin. The more people believe that bitcoin will drop to the 5x area, the more confident I am with my thinking, let's wait and see what happens, I believe those who sell their bitcoin and wait to buy at a lower price will soon regret their decision.

[AirtelBuzz]

Well, just as the title reads, it seems we'll be in for more exciting developments regarding the price of Bitcoin. Just this morning when I checked it's price, I saw $68,468 and now it's just shot up to $71,680.57! A new ATH! Well I'm sure this is just the beginning of more interesting things but I hope this trend continues. Is it the bull run that caused it's price to shoot up or is there a big whale buying?

https://coinmarketcap.com/community/articles/65eed16bd332502ef6d4a31b/

Currently, today I checked the price this morning and saw that Bitcoin has directly touched $65k from $71k. I never thought it would be possible for bitcoin price to dump so much but recover and go back to past pace. So I prefer to invest in bitcoin today dumping and recovery.

Yes we suddenly saw a big dumping in the bitcoin market, you said you saw the price of bitcoin drop to $65k. Bitcoin Price Dropped Even Below Those of us who watch the market closely may be aware that Bitcoin price dropped to $57k. Bitcoin price has been increasing slowly in recent times and even as per today's market cap Bitcoin price is above $63k (thousand). It is normal for Bitcoin price to crash a little after every significant rise, maybe that's what the market is doing right now. For those who wait for a dumping market to buy Bitcoin and sell when the price of Bitcoin recovers, the best opportunity to buy Bitcoin was when the price of Bitcoin fell below $60,000

[Nrcewker]

We have seen Bitcoins reaching at 78k usd. Yes so it broke the ATH price I must say. This proves that Bitcoins are growing rapidly and continuously. They are giving heavy returns to its investors in short period of time of 4 years only. Hence we can see that investing in Bitcoins really is profitable and due to the fixed amount of supply it can be beneficial to invest for long term.