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❕NEWS Bitcoin price reaches record high $50k +

AudraMiller

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With the price of Bitcoin increasing very rapidly recently, there were many that predicted that the price would surpass the $50000 USD mark, which was achieved by the currency last night. This was a major milestone for Bitcoin and shows that since last year, with the major dip to around $3k that this is a 16 times increase. A great investment certainly. The price reached $51,259. Do you think that this trend will continue or is there likely to be a major sell off at this level? What is your thoughts and opinions on this?
 
Yeah it would continue and i guess its not ending anytime soon , since all target is for the price to get to $100k i think , then many would be rest assure that bitcoin has reach part of its potential
 
The current price today is about $53k and all I can say is that this price will.continue to rise and I'm believing it going be for a long time I believe from the reports given
 
Bitcoin price has undoubtedly potential to soar higher above $60k price value. We just have to have faith in the coin and then watch how things unfolds
 
Bitcoin price has undoubtedly potential to soar higher above $60k price value. We just have to have faith in the coin and then watch how things unfolds
Imo it's quite inevitable that it will reach and soar prices above $60k, just the only question is as to when will it achieve it
 
Imo it's quite inevitable that it will reach and soar prices above $60k, just the only question is as to when will it achieve it
Well , none can be able to say this with certainty . Cryptocurrency trend is not easily predictable . We just have to be patient and observe what happens.
 
I think that people are learning to restrain themselves from selling off after any increment in btc price these days because they have seen that bitcoin has a higher probability to increase in price than to decline.
Those who are selling off are mostly into short term trade , but the one holding the coin are those ones that are into long term trade and have faith on the price
 
Those who are selling off are mostly into short term trade , but the one holding the coin are those ones that are into long term trade and have faith on the price
Yeah, right. And that faith always pays off as the price keeps on rising even when it declines sometimes. So going for long term holding of bitcoin is a good investment strategy.
 
Yeah, right. And that faith always pays off as the price keeps on rising even when it declines sometimes. So going for long term holding of bitcoin is a good investment strategy.
Its a good investment and also a good strategy , i dong know why a lot dong see the importance attached to investing in bitcoin and holding it
 
Its a good investment and also a good strategy , i dong know why a lot dong see the importance attached to investing in bitcoin and holding it
I guess most people don't do it because they lack the patience required. Most times, holding of bitcoin usually takes sometime for its price to go high. So people loose hope when its price does not rise first.
 
Bitcoin price has undoubtedly potential to soar higher above $60k price value. We just have to have faith in the coin and then watch how things unfolds
It is likely that by the end of this year we could see that bitcoin will reach a price of over one hundred thousand dollars. I think that this is going to happen sooner rather than later however before that I expect there to be many correction factors that will cause the price to decline providing great opportunities for people to invest and buy Bitcoin.
 
With the price of Bitcoin increasing very rapidly recently, there were many that predicted that the price would surpass the $50000 USD mark, which was achieved by the currency last night. This was a major milestone for Bitcoin and shows that since last year, with the major dip to around $3k that this is a 16 times increase. A great investment certainly. The price reached $51,259. Do you think that this trend will continue or is there likely to be a major sell off at this level? What is your thoughts and opinions on this?
You are absolutely right Because nowadays too many investors investment in bitcoin Crypto currency is a very good way through which you can easily earn money. Between last 2 months, the price of bitcoin has been increasing. I too have invested in it and I have also benefited from it.
 
Hopefully Bitcoin keeps rising even more. But sad part is cryptocurrencies are used for activities involving terrorism , and other black world activities which is forcing many governments to ban crypto.
 
It is likely that by the end of this year we could see that bitcoin will reach a price of over one hundred thousand dollars. I think that this is going to happen sooner rather than later however before that I expect there to be many correction factors that will cause the price to decline providing great opportunities for people to invest and buy Bitcoin.
Before further correction, Bitcoin should first reach up to $70k and above ,because the price of bitcoin has been stagnant lately for a long time
 
I guess most people don't do it because they lack the patience required. Most times, holding of bitcoin usually takes sometime for its price to go high. So people loose hope when its price does not rise first.
One thing i have noticed in people is that ,,when the price is on a bullish run , they usually sell very fast because of the fear of loosing , not knowing the high profit in holding the coin
 
One thing i have noticed in people is that ,,when the price is on a bullish run , they usually sell very fast because of the fear of loosing , not knowing the high profit in holding the coin
Exactly . If one should sell , he should sell 50 % and keep the remaining percentage for further bullish run . Selling all will be reckless
 
Exactly . If one should sell , he should sell 50 % and keep the remaining percentage for further bullish run . Selling all will be reckless
They want to make profit real fast , that is why they don't bother to consider all this , when its actually time for them to hold the coin ,now let's take a look at the price of bnb today
 
Exactly . If one should sell , he should sell 50 % and keep the remaining percentage for further bullish run . Selling all will be reckless
I agree that it is important to take profits along the way because as much as it is good to hold bitcoin, I think it is also reckless not to take some profits especially when the price goes up.
 
It might continue but not at the rate we expect it, market forces will play a major role, but whether the prise of bitcoin will continue depend solely on demand and supply.
 

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