Quote from: Oasisman on Today at 08:14:11 AM

Quote from: Ben Barubal on May 22, 2024, 02:04:01 AM

Quote from: peter0425 on March 11, 2024, 09:36:53 AM

are we going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/ the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?

And now it is having a rally again; they probably also have a target price, and once they beat it, I am pretty sure they will take profit, and then there will be another correction or retracement that will happen, and they will buy in the dip again.

Well, that's something that has been happening ever since. People just can't continue buying when the bitcoin price were constantly rising. Not everyone is a long term hodler, some people does short bitcoin effectively especially during a new ATH been reached.
Bitcoin is currently hovering around the region of $68k - $70k max, it will be just a matter of time when investors starting to realize that we are heading to a new ATH in the next 5-10 months time and this would create another run to up to 80k to 90k or even testing the 6 digit figure. However, we should always expect a shar correction once bitcoin reached these figures.

In every cycle there would really be that breaking those new all time high on which it would really be just that something that anyone is really that anticipating and expecting. This is why it would really be that normal that people would really be that preparing and really that trying out to go or place themselves at the bottom to have that possible maximum profitability on the moment that the market would really be making out such price increase but of course there's no one who would really be able to know on how far it would be able to reach out.