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Author Topic: BTC staying above $67,000, will it reach all time high?  (Read 493 times)
Cryptocrit (OP)
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May 19, 2024, 03:51:34 AM
 #1

Crypto analysis: BTC staying above $67,000 but still in threat to fall back 16% from current price

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgfcC9mqMdbAF-jc6CE8aFhkm4PaPwZsJuNK9LIRjSRXewAyIKxW8HCi8VxKja_TRmOFQSBLZZL4l3Jhyotpcj1Ve1loGe3281LAsvaQEAbcL0N4KIyKdljcuWwfYPcC1AKFr_zRk8fLnwBLbxuVUQnO9paUtdcx0fLf_q87w8NjuodF686j2CKI7-nmuHH/w640-h420/BTC%20price%20latest.jpg

If Bitcoin maintains a stable close above $67,206, it could continue to rise towards the psychological level of $70,000. In a highly optimistic scenario, Bitcoin might even turn the $67,206 level into a support base, aiming for its all-time high of $73,777.

Read full analysis......
https://www.cryptocrit.xyz/2024/05/Crypto-analysis-BTC.html
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May 19, 2024, 04:00:23 AM
 #2

What kind of link did you bring that is full of ads? I was unable to go through the link because the ads are disturbing.

If you continue to hold your coins, bitcoin may fall slightly in price but it will rise in price again. There will be a time that $70000 would be the support price and all-time-high is very possible.

What I am looking for now is no more all-time-high but a price above $100000 which is very possible to achieve before next year.

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May 19, 2024, 04:10:59 AM
 #3

What kind of link did you bring that is full of ads? I was unable to go through the link because the ads are disturbing.

If you continue to hold your coins, bitcoin may fall slightly in price but it will rise in price again. There will be a time that $70000 would be the support price and all-time-high is very possible.

What I am looking for now is no more all-time-high but a price above $100000 which is very possible to achieve before next year.

You've got to hand it to those advertisers tho, they're relentless! And they were disturbing? My goodness I don't even want to look. I'll take your word for it...

I agree for serious long term bag holders we are talking huge gains here, I mean we are talking that straight deflamitory hedging against the inflated fiat currencies.

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May 19, 2024, 04:11:46 AM
 #4

Crypto analysis: BTC staying above $67,000 but still in threat to fall back 16% from current price
People need to use available chart, look backwards to see history of Bitcoin market cycles and how it performed in previous halvings and previous bull markets.

How many months does it take for Bitcoin to actually warm up enough and start its big bullish curve in previous cycles?

This will give people who are uncertain about next market trend, a very solid and insightful information that can help them to make their investment plan and avoid being unnecessary panic and shake their bitcoins to whales.

Previous cycles, the market takes Bitcoin about 9 months or 1 year after its halving to jump to a Euphoria phase.
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May 19, 2024, 04:31:06 AM
 #5

Didn't click on the links. It's a no-brainer to know that Bitcoin could proceed in any direction any second of the day. For me, however, it seems the general sentiment of the market remains to be one characterized with optimism. It remains more or less bullish. It's just that there are not-so-good days even amidst a good season. I guess this is it, a temporary break in a bullish season that would push the price to $100,000.

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May 19, 2024, 05:14:30 AM
 #6

If Bitcoin maintains a stable close above $67,206, it could continue to rise towards the psychological level of $70,000. In a highly optimistic scenario, Bitcoin might even turn the $67,206 level into a support base, aiming for its all-time high of $73,777.
It’s not really surprising news that bitcoin might reach a new all time high it was just a question of when not if.

As long as you are comfortable holding then there’s nothing for you to worry about. Right now it’s just going to be a waiting game. A lot of waiting will happen however you should never worry about bitcoin. It’s going to get there, just trust it.

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May 19, 2024, 05:16:17 AM
 #7

You're asking Bitcointalk — a Bitcoin-centric forum for their opinion on bitcoin is going to reach all-time highs in the future. Well, of course like 99% of us here think it's possible lmao it's just a matter of 'when' not 'if'.

And of course it's you again with the crappy articles lol.


As a person who struggled with growing a blog in the past, I gave you the benefit of the doubt.

Your article isn't just amateurish, it's really just bad. You wrote 5 paragraphs but after reading it I felt like you told me literally nothing. Write something else in a niche that you actually understand perhaps?


Also: "Polygon (MATIC) is supposed to make Ethereum run smoother"

No it's not lmao. It's literally a separate blockchain.


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May 19, 2024, 05:24:29 AM
 #8

What kind of link did you bring that is full of ads? I was unable to go through the link because the ads are disturbing.

I do not want to get curious and click on those links. As members of the forum we should also be responsible of what others might see from the links that we share. Please try to find reputable sources without links that may be dangerous and could lead a lot of the members into danger.









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May 19, 2024, 05:50:18 AM
 #9

Didn't click on the links. It's a no-brainer to know that Bitcoin could proceed in any direction any second of the day. For me, however, it seems the general sentiment of the market remains to be one characterized with optimism. It remains more or less bullish. It's just that there are not-so-good days even amidst a good season. I guess this is it, a temporary break in a bullish season that would push the price to $100,000.
I'm really wishing that bitcoin would go in a downward direction, I really want to increase the amount of bitcoin that I currently hodl because DCA with the current prices isn't going to cut it good anymore for me, I mean it's a decent amount but I'm after the value of bitcoin where I would get more bitcoin out of the $100 that I invest every week in bitcoin. I hope you're right about this temporary break because I don't believe that there's even such a thing as break in the bullish season. Regarding my take on bitcoin going to a new all time high, I think that we would probably see another all-time high this year, but I'm not sure that it will be a really big price peak though, maybe 2k higher than the current all-time high or something like that.



BIG WINNER!
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May 19, 2024, 05:55:02 AM
 #10

~
A way for you to advertise your blog website. Great. Smiley
Didn't click the link either like what most did here.

I'm not a hater of ads TBH. I just hate reading articles (at least for now). Anyway, Bitcoin is above $67,000 by the time I'm posting this, and there's a chance that it might reach $70,000 anytime. The RSI is also not showing an overbought signal, and the MACD just crossed above 0 days ago. I believe we will be seeing Bitcoin going up in the next few days or weeks, and we might see a series of higher highs in the upcoming days.

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May 19, 2024, 06:08:01 AM
 #11

Crypto analysis: BTC staying above $67,000 but still in threat to fall back 16% from current price



If Bitcoin maintains a stable close above $67,206, it could continue to rise towards the psychological level of $70,000. In a highly optimistic scenario, Bitcoin might even turn the $67,206 level into a support base, aiming for its all-time high of $73,777.

Read full analysis......
https://www.cryptocrit.xyz/2024/05/Crypto-analysis-BTC.html
well you have your own analysis and that is a good advertising of your site here but breaking ATH have happened already recently when we hit ATH before the Halving and i believe that is enough for now.
what we are looking is how much it can hit after this halving and yeah I am now aiming for another ATH but wanted to see breaking of 100k that I believe is coming near us soon.

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May 19, 2024, 08:00:37 AM
 #12

I saw a post that clearly explains that Bitcoin prices shows an average profit percentage in the month of May compared to the rest of the month in the year, I believe that during the end of the years Bitcoin price usually experiences a huge push up but it only happen during bull market. History can change and we may likely have a bull market any moment because we experienced ATH even before halving this year.

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May 19, 2024, 08:04:15 AM
 #13

Well, the link you provided has a lot of annoying advertisements, and it makes people lazy to read it. However, the price of bitcoin has only recently recovered, and the potential for a new ATH is still very large. In fact, I feel that the current price is so close to the ATH, and it may only take a few pushes to see a new ATH in the bitcoin price.

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May 19, 2024, 09:16:56 AM
 #14

I saw a post that clearly explains that Bitcoin prices shows an average profit percentage in the month of May compared to the rest of the month in the year, I believe that during the end of the years Bitcoin price usually experiences a huge push up but it only happen during bull market. History can change and we may likely have a bull market any moment because we experienced ATH even before halving this year.

Yes, history may or may not repeat itself, but one thing is certain: sooner or later, the bitcoin price will reach a new ATH. Since bitcoin reached its ATH before the halving, there have been many questions, many doubts that history will not repeat itself and that we will welcome a new history. There has been a lot of controversy surrounding this, but in my opinion it is still too early to confirm that history will change. We need to wait at least until the end of this year to be able to draw a final conclusion.

For me, other than the fact that bitcoin had an ATH before the halving is a new factor, I still don't see anything changing and I believe that the bull season will come later this year as always.

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May 19, 2024, 09:58:18 AM
 #15

So what with that 16%? I am not scared hehe. Let it fall and everyone who has missed buying at the dip will start buying at the dip again. If it falls behind, there is no need to panic and do not make it look bad if it dips on the current market state because we are on the bull run. And to question if it will reach another ATH. We did saw that before the halving so worries because the chance of reaching new high above $73k is very high.



 

 

 

 

 

 


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May 19, 2024, 11:32:00 AM
 #16

Sorry @OP. I didn't click the links. But if you look at the question, I believe Bitcoin will reach its highest point again. There is still time for correction, and hopefully, it will last a little longer. When the correction is over, the price will start to rise again.

Even though there will be another correction later, the price will continue to rise even higher. We just have to be patient and keep waiting for the moment. $73k is not the highest price for Bitcoin, so we should still hold onto it.

Even though the price will decrease again below the current price later, that is only temporary. The price will increase again and will be even higher than this time. $73k will be passed and we will see an all-time high.

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May 19, 2024, 11:48:58 AM
 #17

I'm really wishing that bitcoin would go in a downward direction,
Sorry to be the one to break it to you nut I am afraid your wish has already happened and if you had missed where bitcoin was reaching below 60k then I think it might be too late. Of course you can still buy but I just don’t think it will go down anymore.
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because I don't believe that there's even such a thing as break in the bullish season.
There are always going to be dips or corrections from time to time, it does not mean the market is going down and experiencing a bearish cycle.
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Regarding my take on bitcoin going to a new all time high, I think that we would probably see another all-time high this year, but I'm not sure that it will be a really big price peak though, maybe 2k higher than the current all-time high or something like that.
We shall see. People are already talking about reaching 100k.









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May 19, 2024, 11:59:35 AM
 #18

Stop redirecting us to such sites and let's discuss about the topic because it's a common emotion of achieving new ATH whenever the price of Bitcoin is nearer to previous ATH we all think that Bitcoin will achieve new ATH and if we look back at the price of Bitcoin it has been a gradual increase hence the possibilities of reaching new ATH is very much positively the moment but will take few weeks.









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May 19, 2024, 12:21:22 PM
 #19

After bitcoin's price drop we all hope that its price will rise and Bitcoin will make a new ATH again. The price of bitcoin will rise slowly even if there is a huge price shock it will reach an all-time high no one can predict what surprises the future may bring. But after the bitcoin halving bitcoin will project its value. Expectations are high following the approval of bitcoin ETFs and investors believe that initial excitement will give way to more gradual adoption. For bitcoin it is not our new experience but we have to move forward with positive thoughts.
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May 19, 2024, 12:23:17 PM
 #20

Didn't click on the links. It's a no-brainer to know that Bitcoin could proceed in any direction any second of the day. For me, however, it seems the general sentiment of the market remains to be one characterized with optimism. It remains more or less bullish. It's just that there are not-so-good days even amidst a good season. I guess this is it, a temporary break in a bullish season that would push the price to $100,000.
I'm really wishing that bitcoin would go in a downward direction,...

If wishes were horses then beggars would ride.  People were saying "$1" and "$10" are crazy. "Dollar parity never will hold, it will be back and stay below $1 soon".  All this same stuff.  Ditto $100, $1000, $10000, $20000 etc.  Every time people have been saying that and they wait to buy on a pullback, but then end up missing a chance to own some bitcoin and protect themselves.  It may go up, it may go down, no one knows in the short term.  Lots of people guess and get it right sometimes because they got lucky, but the long term trend for 15 years has been obvious.
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