Quote from: Sexylizzy2813 on February 26, 2024, 08:38:27 AM

Quote from: DanWalker on February 26, 2024, 04:25:56 AM

Quote from: Sexylizzy2813 on February 26, 2024, 01:48:17 AM

Quote from: SmartGold01 on February 15, 2024, 10:15:57 PM

From the look out of things there is no doubt that $60k is sure before the end of this month February reason being that bitcoin has surpasses the price of 50k and headed to $52k if I am not mistakenly and you can correct me if I am wrong.
Also does this proves the idea of most people saying that bitcoin could hit half a million dollars after the halving by 2025, does this sign proves it right?

Let us discuss.

I don't see $60k anytime soon due to how poor the market movement have been in past few weeks since after hitting $50k. It has been from $50-52k and it doesn't look like it will even get to $55k before the end of this month and I feel that this month has given us what it can, who knows by next month we might see a rapid raise of Bitcoin price but not in this February ending.

For me, the market is doing very well in the past weeks but it's not as bad as you think. Although bitcoin has not had a breakout in February, it remains in the 49k-52k area and with it bitcoin dominance is trending downward. That means it is giving way to altcoins and you can also see that after ETH crossed $3k many altcoins are doing well again. The market is still very stable for people to seek profits, but money flows continuously move into different ecosystems. So people with knowledge and experience will make a lot of profit during this time.

As for bitcoin, I think there will be no breakout this February, but before the halving, bitcoin will have some good growth and there will be a post-halving correction.

Honestly I never expected the market to be this slow in terms of movement but I'd say is not that ok to me in the sense that we have been on this same amount $50-52k for the last 2-3 weeks and with how it has being moving in the last 4-5 months, to me is like it will never get past $52k till the end of this month unless February has never been a positive month in Bitcoin history or records.
I'd agree with you that many users are making profit with how the price of Bitcoin is at the moment and coupled with the fact that things are back to normal I feel business has come back to that productive state but it would be better if the price continue to hit forward till we get past $52k to $60k.

Bitcoin is not a get rich quick tool, you cannot expect bitcoin to increase 10-30% every day. Do you see any asset growing faster than bitcoin? It's funny how many people always say that bitcoin is not a get rich quick tool but they quickly get disappointed when bitcoin doesn't increase in price for a few weeks or months. Moreover, we have held bitcoin throughout the 2 years of the bear season without a single complaint, why are we suddenly sad now just because bitcoin has not increased in the past month?

However, bitcoin is trading above $62k, I think you can be happy that what you expected happened.