Bitcoin All-Time High almost reached yesterday

[tread93]

Bitcoin movement movement have been busy of late and from how busy it has been we would have seen the ATH and probably a new ATH about 1 day or 2 days back. The market movement has been promising and we should definitely appreciate it because this very moment of November can be the month it could get to $80k and it could surpass that if October, I'm not really sure but base on how drastic it has been. Few hours back Bitcoin price was $70k when I checked but as of now is $69k and I'll say is making progress because I know before we get to a new week it will get back to $70-73k hopefully.

Hmm, that's for sure and I was expecting a good end of October and Bitcoin did it I'm still hopeful for the $80k as I'm enforcing this through this entire year that we can for sure hit an ATH of 80k before the end of the year 2024 but seems like it is gonna be the limit for this year as well, 80k till the mid of November and for the rest a full-time cyclic peak can be expected in Q2 of the year 2025.

80k is definitely within reach I think it’ll fly this month and next month though truly. It’s the season of Bitcoin and new all time highs and is really am excited to see what the next one will be we are inching along

[Iranus]

80k is definitely within reach I think it’ll fly this month and next month though truly. It’s the season of Bitcoin and new all time highs and is really am excited to see what the next one will be we are inching along

Bullish is good, especially when we look at history, we are entering a bull season but I think making predictions should also take into account micro and macro factors. We cannot make predictions without basis and based only on our wishes. People say $80k is within reach but what gives bitcoin a chance to reach that level this month? While macro factors such as elections, interest rates or war situations all have a significant impact on the market.

The scenario for bitcoin to hit $80k would be if Trump wins the election, the Fed announces a rate cut on November 7, and there are no surprises from Iran and Israel. But if the news is negative, we should prepare for a drop instead of a bitcoin price increase like we think.

[Baofeng]

80k is definitely within reach I think it’ll fly this month and next month though truly. It’s the season of Bitcoin and new all time highs and is really am excited to see what the next one will be we are inching along

Bullish is good, especially when we look at history, we are entering a bull season but I think making predictions should also take into account micro and macro factors. We cannot make predictions without basis and based only on our wishes. People say $80k is within reach but what gives bitcoin a chance to reach that level this month? While macro factors such as elections, interest rates or war situations all have a significant impact on the market.

We can, that's what we call "wild and educated guess", the thing is, there are those who make predictions that doesn't sound achievable at this point. Maybe in the future we might see what others speculate like $500k-$1million per pop. Not going to happen this bull run.

The scenario for bitcoin to hit $80k would be if Trump wins the election, the Fed announces a rate cut on November 7, and there are no surprises from Iran and Israel. But if the news is negative, we should prepare for a drop instead of a bitcoin price increase like we think.

I do agree about the effect of the US election, as Trump is supposedly a pro-Bitcoin US president as what he propose, he will "make Bitcoin great" again. But we will see, he is still on the process of courting Bitcoin voters in the States. And we have somewhat had a bullish run last week when we almost established a new all time high.

[john_egbert]

Bitcoin movement movement have been busy of late and from how busy it has been we would have seen the ATH and probably a new ATH about 1 day or 2 days back. The market movement has been promising and we should definitely appreciate it because this very moment of November can be the month it could get to $80k and it could surpass that if October, I'm not really sure but base on how drastic it has been. Few hours back Bitcoin price was $70k when I checked but as of now is $69k and I'll say is making progress because I know before we get to a new week it will get back to $70-73k hopefully.

Hmm, that's for sure and I was expecting a good end of October and Bitcoin did it I'm still hopeful for the $80k as I'm enforcing this through this entire year that we can for sure hit an ATH of 80k before the end of the year 2024 but seems like it is gonna be the limit for this year as well, 80k till the mid of November and for the rest a full-time cyclic peak can be expected in Q2 of the year 2025.

80k is definitely within reach I think it’ll fly this month and next month though truly. It’s the season of Bitcoin and new all time highs and is really am excited to see what the next one will be we are inching along

Only if geopolitics won't bite us again like it was done not quite long ago.
Hopefully, the rally will continue and we will see the results of it in 2025.
And going forward.

[justdimin]

Bullish is good, especially when we look at history, we are entering a bull season but I think making predictions should also take into account micro and macro factors. We cannot make predictions without basis and based only on our wishes. People say $80k is within reach but what gives bitcoin a chance to reach that level this month? While macro factors such as elections, interest rates or war situations all have a significant impact on the market.

We can, that's what we call "wild and educated guess", the thing is, there are those who make predictions that doesn't sound achievable at this point. Maybe in the future we might see what others speculate like $500k-$1million per pop. Not going to happen this bull run.

Not going to happen this bull run, but it will happen one day. I am certain that in our lifetime we are going to see 500k+ price happen, a likely possibility would be after next halving, not this one, and if it doesn't happen by now (which  I would be shocked if not) then we would see it halving after that one. Trump or Kamala doesn't matter ,no matter whatever happens, the price will go up, I have supported this idea since day one because the reality is people do wait for the investments.

The difference is, if trump wins then there will be more hype and that is why the price would go up but go up a lot, whereas if Kamala wins, there won't be any extra hype, price would still go up, just not as much as if trump wins.

[RockBell]

80k is definitely within reach I think it’ll fly this month and next month though truly. It’s the season of Bitcoin and new all time highs and is really am excited to see what the next one will be we are inching along

What makes you think it will happen this month is that you don't let yourself get swept away by certain market events. If you do, you risk becoming blinded by the market and having low expectations for what you have set your mind to. Bitcoin was all green, but it's now all red, so you can't always get the right predictions. And that's is why you have to understand the system and be careful in some certain periods, because those periods might make the price to be very unstable look at the US election thay is coming you know that no matter what it will definitely affect the price.

80k will not be possible suddenly because the shape that the market is taking won't allow it joke extremely to 80k everyone will be definitely excited, but it will take time for bitcoin to archive 80k, even if the price crosses over it will be a moment of joy.

[Lida93]

Only if geopolitics won't bite us again like it was done not quite long ago.
Hopefully, the rally will continue and we will see the results of it in 2025.
And going forward.

The geopolitics events takes just a short time effect on bitcoi price especially those of the Middle East and saw how bitcoin peaked back after a few days. So in my observation if we keep getting positive news from the West and addition to a few more institutional buying just like the Semler Scientific company  just did by recently stacking more $3 million worth of bitcoin to their portfolio  making it a total of $71million in hodling. Which am suspecting could have been part of the trigger in bitcoin price almost cutting closer to a new ATH during the weekend. https://twitter.com/BTC_Archive/status/1853549386858475525?t=6mggk8pUbh5BZh9Xmqr1Vw&s=19

[BALIK]

Bullish is good, especially when we look at history, we are entering a bull season but I think making predictions should also take into account micro and macro factors. We cannot make predictions without basis and based only on our wishes. People say $80k is within reach but what gives bitcoin a chance to reach that level this month? While macro factors such as elections, interest rates or war situations all have a significant impact on the market.

We can, that's what we call "wild and educated guess", the thing is, there are those who make predictions that doesn't sound achievable at this point. Maybe in the future we might see what others speculate like $500k-$1million per pop. Not going to happen this bull run.

Not going to happen this bull run, but it will happen one day. I am certain that in our lifetime we are going to see 500k+ price happen, a likely possibility would be after next halving, not this one, and if it doesn't happen by now (which  I would be shocked if not) then we would see it halving after that one. Trump or Kamala doesn't matter ,no matter whatever happens, the price will go up, I have supported this idea since day one because the reality is people do wait for the investments.

The difference is, if trump wins then there will be more hype and that is why the price would go up but go up a lot, whereas if Kamala wins, there won't be any extra hype, price would still go up, just not as much as if trump wins.

I am not saying that bitcoin will not reach $500k but it is still too early to talk about bitcoin reaching $500k+, the future is unpredictable and we should not exaggerate. Bitcoin price will depend entirely on supply and demand and we cannot know how the demand for bitcoin will change in the future, so it is impossible to say anything in advance.
Furthermore, let's not forget that as bitcoin gets bigger, its growth rate slows down, so even if bitcoin has the potential to grow and reach $500k, it will be very difficult to achieve that in the coming years (next cycle).

Yes, Trump is much better for Bitcoin and if we want Bitcoin to grow strongly vote for Trump.

[rdbase]

Bitcoin has officially reached it's all-time high and is surging forward currently $74,900 closing in on $75,000 due to the way the election results are going in favor of a Trump victory very soon.

https://cointelegraph.com/news/bitcoin-new-all-time-high-united-states-elections-donald-trump-kamala-harris

[LogitechMouse]

Bitcoin has officially reached it's all-time high and is surging forward currently $74,900 closing in on $75,000 due to the way the election results are going in favor of a Trump victory very soon.

https://cointelegraph.com/news/bitcoin-new-all-time-high-united-states-elections-donald-trump-kamala-harris

For those traders out there, get ready for a roller coaster ride.
Just a few hours after the huge lead from Trump, we've seen the price going up already and reaches as high as $75,000 then consolidated a bit back to $73,000.

By the time I'm posting this, Bitcoin reached another ATH again at $75,208 on Coinmarketcap ($75,300 on Coingecko), and I expect more upwards pressure in the upcoming days and weeks before having a short correction. I guess it's safe to say now that Trump won the Election now, eh? As for us Bitcoin holders, investors, or anybody that's using Bitcoin, can we consider the win of Trump a win for Bitcoin as well? Why or Why not? Sorry for the question, but it just popped out on my mind as soon as I'm making this post.

[fruktik]

Today and at this very moment Bitcoin has reached the $75,000 mark. What an unexpected turn of events. I didn't think that this level would be surpassed so soon. So what? It remains to congratulate all those who bet on such an event. I am happy about this circumstance and for me this is a significant date. It is very likely that it will go down in history. Let us all remember this wonderful moment and historical date.

[GbitG]

~snip~

Yes, Trump is much better for Bitcoin and if we want Bitcoin to grow strongly vote for Trump.

Hmmm, that's true buddy, but If Trump fulfills his promises, then Otherwise, Trump will be like those who were in the past, just making false promises for their own benefit and not fulfilling them. 
 
But anyway, if Trump fulfills all the promises that he made during his campaign, it means that Trump said that he will abolish all the anti-crypto policies made by Biden and create a new era, which will be called the digital era. Will make all rules and regulations as per the pro-crypto syllabus, etc. So our crypto industry can really benefit from Trump being the president. 
 
Now let's see what happens. These politicians say everything for their own interests, but there are very few people who fulfill their words.

[Baofeng]

Bitcoin has officially reached it's all-time high and is surging forward currently $74,900 closing in on $75,000 due to the way the election results are going in favor of a Trump victory very soon.

https://cointelegraph.com/news/bitcoin-new-all-time-high-united-states-elections-donald-trump-kamala-harris

For those traders out there, get ready for a roller coaster ride.
Just a few hours after the huge lead from Trump, we've seen the price going up already and reaches as high as $75,000 then consolidated a bit back to $73,000.

By the time I'm posting this, Bitcoin reached another ATH again at $75,208 on Coinmarketcap ($75,300 on Coingecko), and I expect more upwards pressure in the upcoming days and weeks before having a short correction. I guess it's safe to say now that Trump won the Election now, eh? As for us Bitcoin holders, investors, or anybody that's using Bitcoin, can we consider the win of Trump a win for Bitcoin as well? Why or Why not? Sorry for the question, but it just popped out on my mind as soon as I'm making this post.

And it is still $75,331 as of this moment, so after a correction, maybe there are speculators who sold and take small profits, and there could be reports that it is still very close fight between Trump and Harris. However, it's very clear that Trump had won already, so the price keeps pushing up and hitting another all time high. So now, we will wait how big this rally will be for us.

Remember that this is just the beginning, or this could be the news that we all have been waiting to see. Maybe some of us here doesn't want Trump to win, but it is what it is. The Americans have spoken, so let's see if Trump will make his promise to make Bitcoin or crypto his centerpiece or US will have a relax regulations. Congrats those who are still holding by this time and seeing their wallet grows x folds by now. But we should keep holding as next year if Trump officially sits at the White House, we might see 6 figures already.

[AsiaHODL]

Bitcoin has officially reached it's all-time high and is surging forward currently $74,900 closing in on $75,000 due to the way the election results are going in favor of a Trump victory very soon.

https://cointelegraph.com/news/bitcoin-new-all-time-high-united-states-elections-donald-trump-kamala-harris

For those traders out there, get ready for a roller coaster ride.
Just a few hours after the huge lead from Trump, we've seen the price going up already and reaches as high as $75,000 then consolidated a bit back to $73,000.

By the time I'm posting this, Bitcoin reached another ATH again at $75,208 on Coinmarketcap ($75,300 on Coingecko), and I expect more upwards pressure in the upcoming days and weeks before having a short correction. I guess it's safe to say now that Trump won the Election now, eh? As for us Bitcoin holders, investors, or anybody that's using Bitcoin, can we consider the win of Trump a win for Bitcoin as well? Why or Why not? Sorry for the question, but it just popped out on my mind as soon as I'm making this post.

And it is still $75,331 as of this moment, so after a correction, maybe there are speculators who sold and take small profits, and there could be reports that it is still very close fight between Trump and Harris. However, it's very clear that Trump had won already, so the price keeps pushing up and hitting another all time high. So now, we will wait how big this rally will be for us.

Remember that this is just the beginning, or this could be the news that we all have been waiting to see. Maybe some of us here doesn't want Trump to win, but it is what it is. The Americans have spoken, so let's see if Trump will make his promise to make Bitcoin or crypto his centerpiece or US will have a relax regulations. Congrats those who are still holding by this time and seeing their wallet grows x folds by now. But we should keep holding as next year if Trump officially sits at the White House, we might see 6 figures already.

Gotta laugh at all the BTC haters who say stuff like "Oh but BTC is too volitile"

[john_egbert]

Gotta laugh at all the BTC haters who say stuff like "Oh but BTC is too volitile"

BTC is truly volatile, but it's the most stable it can get on the market full of shitcoins currently.
That's the truth, and it comes in comparison.

[Segmadis]

Right now I expect that we will have at least a week with this new price range, and most probably next week or the week after we can see some good movement. Just remember that Trump have 2 more months before becoming a president again.

[Popkon6]

~snip~

Hmmm, that's true buddy, but If Trump fulfills his promises, then Otherwise, Trump will be like those who were in the past, just making false promises for their own benefit and not fulfilling them. 
 
But anyway, if Trump fulfills all the promises that he made during his campaign, it means that Trump said that he will abolish all the anti-crypto policies made by Biden and create a new era, which will be called the digital era. Will make all rules and regulations as per the pro-crypto syllabus, etc. So our crypto industry can really benefit from Trump being the president. 
 
Now let's see what happens. These politicians say everything for their own interests, but there are very few people who fulfill their words.

But I think Donald Trump has said a lot to win the election, but it remains to be seen whether he will live up to his word. Because he will repeal all the anti-cryptocurrency laws, all the people have supported him and he has made more promises so we are just waiting for time to get all these promises. But maybe leaders are deceitful, but I don't think Donald Trump can keep his promises. But currently the bull run has started it is positive because of which bitcoin price is moving upwards with maximum speed but but donald trump he loves bitcoin the most donald trump positive point for bitcoin.

[Jating]

Right now I expect that we will have at least a week with this new price range, and most probably next week or the week after we can see some good movement. Just remember that Trump have 2 more months before becoming a president again.

Exactly, it's the initial FOMO of him winning the election that push the price to a new all time high. And if we look at it, base on CMC,

All-time high - Nov 09, 2024 (1day ago) - $77,252.75

So it's just yesterday that we have achieved it. However, I think it could still go on and price going to increased till the end of the year. And when he officially sits as the 47th President, we might see that $100k that we all been waiting for.

As far as his promises, he should make good of his promises, otherwise Bitcoiners will be disappointed on him, specially American that voted for Trump base on his promise that he will make US a crypto friendly country.

[Stalker22]

~
As far as his promises, he should make good of his promises, otherwise Bitcoiners will be disappointed on him, specially American that voted for Trump base on his promise that he will make US a crypto friendly country.

Youre right.  Crypto speculators will be watching his every move closely to see what he does regarding cryptocurrencies.  Any time he indicates support for crypto, it will likely generate enthusiasm and excitement in the markets.  However, current prices already anticipate major crypto-friendly policies from him.  If he fails to deliver on making cryptocurrencies mainstream in the US and  through accommodating regulations and policies, we could see prices retreat.

Right now, everyones banking on those promises to push Bitcoin to $100k and beyond, but until he officially takes office and policies are clearer, its still a bit of a gamble.

[X-ray]

Right now I expect that we will have at least a week with this new price range, and most probably next week or the week after we can see some good movement. Just remember that Trump have 2 more months before becoming a president again.

Exactly, it's the initial FOMO of him winning the election that push the price to a new all time high. And if we look at it, base on CMC,

All-time high - Nov 09, 2024 (1day ago) - $77,252.75

So it's just yesterday that we have achieved it. However, I think it could still go on and price going to increased till the end of the year. And when he officially sits as the 47th President, we might see that $100k that we all been waiting for.

As far as his promises, he should make good of his promises, otherwise Bitcoiners will be disappointed on him, specially American that voted for Trump base on his promise that he will make US a crypto friendly country.

the fact that despite the FOMO price could holds and there's emergence of news about MSTR raising $42B to buy bitcoin in itself is already so bullish.

I expect the effect of this to be long lasting one and won't just get back to bear sentiment anytime soon.
the foundation for bitcoin seems to solidify a lot these days, make me wonder if we gonna see the same cyclic price change played out again or just straight parabolic increase from here on.

but honestly, the only thing that people are still unsure about is how flexible the regulation toward crypto will be in the future. we all know trump seems to be supportive, but we still haven't seen yet how the regulation will be.