Quote from: Zigabel on Today at 01:21:15 PM

Quote from: bitzizzix on November 06, 2024, 03:19:56 AM

Wow... Bitcoin price has reached $75,000+ and surpassed its previous ATH at $73,737.
And I am happy because I bet with some of my friends that in November Bitcoin price will reach 75K, and it turned out to be true and I will get $100 with a bet of 4 people just for fun. And besides those who bought at a high price around 65K-70K became motivated and became a signal that Bitcoin price after reaching its previous ATH will continue to increase although slowly but surely.

What do you think.

Well don't be too happy just yet this is just a post election surge, looking at the time Bitcoin got to the previous ATH that was just before the halving, there was this panic that led to the surge and people panic bought but later the reduced and price went down and gradually started its move again, so we should be mindful about events around the crypto market as its part of the reasons certain events does happen but most importantly you have won your bet but for investing, you still have to be mindful.

It was great when Bitcoin hit ATH, but everyone hopes it's not over yet. After last month maybe didn't work out with October, but now we finally see something good this month. I would probably be more than happy to see the market move sideways for a few weeks and maybe by the end of the year we'll see another pump that boosts the price of Bitcoin.
we just barely broke the ATH, and I'm sure many holders still have higher plans. It's not a matter of satisfaction, but we still see the hope of Bitcoin reaching higher prices.