Quote from: gunhell16 on Today at 06:13:22 AM

Quote from: chillaxe on May 06, 2023, 09:42:43 PM

65K Last year record price ever !

I think this year it might be full 100K Final bullrun for the coin.

This year? I don't think so, How did you say that? Bitcoin halving hasn't happened yet and it's still next year after this halving the bull run will start. What would be the reason for Bitcoin to be 100k$ as you say this?

It's not that I don't want Bitcoin to be 100k$, but of course, we have to be realistic, not like we're fooling ourselves. Of course, that's the real situation. That's okay for long-term investors who can wait to reach the 100k$ but not this year. Not for doubting but of course the market because we know that it is very unpredictable.

Yes.. there is quite a bit of unpredictability in bitcoin, and it can be unpredictable to the upside as well as to the downside. So the mere fact that it would take a 3.5x price increase to get to $100k does not rule out such a price run happening this year rather than waiting until after the halvening.

Remember 2019, BTC had a 3.5x price run in 3 months, and sure it did not breach the previous ATH, but that seems to be a minor detail that does not preclude the possibility that BTC prices could do a 3.5x from here within the next 3 to 6 months... Sure, maybe the odds for a 3.5x price run from here by the end of the year would be less than 15% to 20% and maybe even lower than that.. but still the odds are not non-zero - given what bitcoin is and given that it has a lot of examples of demonstrating quite intense price movements, and the price tends to go up more than it goes down, even though people can get discouraged by the down.. yet we already had quite a bit of down in the last year (and even in the last year and a half if we start from the November 2021 price top), and another thing is that the November 2021 "blow off" top was not even close to the "blow-off" tops of previous cycles, and the mere fact that the 2021 blow off top was a lot less than previous blow off tops does not take away from bitcoin's ongoing ability to have another blow off top of similar magnitudes as the 2021 blow off top or similar magnitudes to the blow off tops of previous cycles.

Quote from: uchegod-21 on Today at 08:55:47 AM

This information is for people looking forward for 100k for bitcoin. I am not interested in bitcoin 100k because it will still fail. Bitcoin 100k is what the whales and sharks of the market used to keep us in the market during the bull run so that they will still crash the price on us.
Immediately it is a new ATH I am taking profits straightup

Historically, a lot of people have gotten reckt pretty badly psychologically and financially when they had taken too much profits too soon - without figuring out some kind of a more moderate and long term strategy that mostly involves holding bitcoin.. but hey whatever, you do you. You have to figure out your own ways to manage your BTC and your BTC holdings in a way that is comfortable for you, even if you might end up selling too much too soon, merely because you erroneously and presumptively think that you got it all figured out.

Quote from: Chainsmokers on Today at 11:09:26 AM

There has been a lot of speculation that the price of Bitcoin and cryptocurrencies will be bullish ahead of the halving and after the halving,
so we just need to prepare a strategy so that it goes according to our plan, 2024 is only a few months away so be patient and we'll see.
I myself also still hold bitcoin and altcoins and also still accumulate them.

Yes it is good to have plans for a variety of scenarios rather than just saying "let's see."

And fuck shitcoins... even though you are free to hold that crap.... and believe that they are helping you if there happens to be some kind of a bitcoin bullrun (rather than perhaps just diluting your bitocin holdings and also diluting your attention in such a way that you don't even know what bitcoin is as compared with shitcoins that you want to brag about having).