BITCOIN hits a new all-time high today!

19 replies 133 views
alpha100Full Member
Posts: 102 · Reputation: 448
#1Apr 26, 2017, 05:24 PM
So, around 11 AM today, bitcoin officially broke its old all-time high of about $111,800 from May 2025. Now we’re looking at a new record of nearly $114K. EDIT: And it’s not even the end of the day yet! Bitcoin just soared to another ATH of $116.5K at 2:20 PM PST. Big ups to everyone holding!
4 Reply Quote Share
CalmYieldSenior Member
Posts: 268 · Reputation: 1575
#2Apr 28, 2017, 04:21 AM
Ah!  And once again, all the people who called the apocalypse of Bitcoin were wrong.  Up next, a swarm of topics about Bitcoin being a complete scam because the price is definitely unsustainable! Coping will be hard for all of them who really wanted Bitcoin to die.  Yet here we go, all of us witnessing another upward history in the making.
0 Reply Quote Share
humblefarmSenior Member
Posts: 378 · Reputation: 1571
#3Apr 28, 2017, 05:30 AM
Great news. Bitcoin has shown yet again that it is a profitable asset. It has also shamed critics and haters who have been predicting the doomsday of Bitcoin. This is just the beginning of more big wins for Bitcoin. Keep hodling and don't forget that not your keys, not your coin. It is better to have full control of your Bitcoin than keep it with third parties.
2 Reply Quote Share
alexaltFull Member
Posts: 183 · Reputation: 528
#4Apr 30, 2017, 09:07 AM
I have been expecting this for quite some few weeks now and I am happy that bitcoin has achieved a new milestone of $114k+ as the new ATH after breaking the resistance price of $110k. Of course, those who said bitcoin will not pump but dip forget to note that bitcoin has increased with more than 200 million percentage since it waa created fifteen years ago. I hope to see bitcoin pricw at 120k soon as the Q3 of the year shows a good sign. The chopper is on the roof and hopefully we might see the price of bitcoin at 120k before the end of this month.
1 Reply Quote Share
raven_maxiSenior Member
Posts: 196 · Reputation: 1240
#5Apr 30, 2017, 09:31 AM
Any sane person that still don't believe in Bitcoin right now even after having the knowledge of it need to go an reassess their brain. If Bitcoin is a scam it won't have achieved back to back all time high in a very short period of time. The main spam topic would be people posting about the all time high like we don't have access to the price.
5 Reply Quote Share
CyberTokenSenior Member
Posts: 146 · Reputation: 912
#6Apr 30, 2017, 11:33 AM
Great, but is it really a big deal? I mean what did it do in the last 6 months? Go from 109k to 112? That's less than 3% gain in 6 months, pretty much what a decent fiat savings account will give you. It gets better though. If you trade BTC-USD pair, you're really up in numbers, but if you trade some other currencies you're not. For instance, USD dropped against the EUR so much that it's not really a new high for bitcoin. In January Bitcoin was trading above 100k EUR, while now it's only 97k. Same in GBP it used to be 85k, now it's only 83.5k. Bottom line, it's an ATH only in USD terms and not because Bitcoin is pumping, but because USD is dumping. If it was a real bitcoin pump, we'd have a new high across all major currencies.
4 Reply Quote Share
hodler2011Full Member
Posts: 53 · Reputation: 326
#7Apr 30, 2017, 03:47 PM
Do you know what intrigues me most about the BTC beating ATH again and again? It seems that there is not the same FOMO of 2018 and 2021, when it hit 19k and then 69k It seems quite different this time Has the vast majority now turned institutional? Are users holding too many altcoins and not taking advantage of this appreciation?
3 Reply Quote Share
alpha100Full Member
Posts: 102 · Reputation: 448
#8Apr 30, 2017, 05:10 PM
You are comparing bitcoin to a bank savings account? LMAO you have no clue how bitcoin works. It's called consolidation. It took months of sideways consolidation between 50K and 70K last year before bitcoin suddenly exploded above $100K for the first time within a matter of days by the end of 2024. Breaking out of the strong $112K resistance is a clear sign for the next big move for bitcoin. That's how bitcoin has always worked since it was created, many months of consolidation where not much seems to be happening before you see a sudden explosion. No bank can give you over 100% returns in one year which is what bitcoin did in just one year in 2024. For a multi-trillion dollar asset that is massive. It is good for bitcoin to have a long period of consolidation to provide a strong stable base to move up to the next level. These things don't happen overnight. No asset goes up smoothly in a smooth predictable line, not even gold. The gold price went sideways for years, for a much longer time than bitcoin, before suddenly exploding up to where it is now.
1 Reply Quote Share
chad2014Full Member
Posts: 124 · Reputation: 380
#9May 2, 2017, 06:22 AM
Yeah everything is hitting new all time highs this week. Nvidia hit $4T market cap which is crazy. SP500 and Nasdaq also hit a new ATH today and obviously bitcoin. Ethereum unfortunately is far far away but almost at $3000 which is amazing since it dipped below $2000 earlier this year. Trump says it’s his tariffs but financial advisors are cautious because they know these tariffs are inflationary and are not good long term. Only time will tell.
3 Reply Quote Share
bear2021Full Member
Posts: 214 · Reputation: 612
#10May 2, 2017, 09:11 AM
Another all time high unlocked. This goes to show that bitcoin got really great potentials to achieve more in the future, so we don’t have to get easily bothered every time its price show correction and decline. Any moment from now, regrets from those who keep procrastinating buying bitcoin will be heard again, but when btc price drops again, that’s when they will start accusing that bitcoin is just too good to be true that’ll end up losing its value again. Negative people got really something to say with bitcoin, regardless if its price pump or dump in the market.
2 Reply Quote Share
ryanwizardSenior Member
Posts: 334 · Reputation: 1694
#11May 2, 2017, 03:27 PM
Maybe we should now be getting ready, because we are not done with it yet, the market is not through with the bullrun, despite it's taking it slowly and gradually, we are likely aiming towards $120,000 this month or beyond, everyone should be getting ready for this big coming, while we continue to enjoy the ride on this as better days were still ahead of us to make more before the end of the year.
2 Reply Quote Share
d4rk5tackSenior Member
Posts: 259 · Reputation: 1325
#12May 2, 2017, 04:31 PM
The overall financial market is bullish in relations to the USD although not necessarily pumping towards the other top currencies but this was definitely clear from few months ago when bitcoin was able to resist so many economical crisis, there was a period where tariffs were coming as a panic to the market then after the relaxation of the tariffs comes the recent wars war which was actually pointing towards a global WW3 breaking out and the bitcoin market had to dip a little and then went back to its trend. All this were signings that buyers and those longs were still in hold of the market. The market was only ranging between $105,000 and $108,000 which was signaling for upward movement, so this pump didn’t comes as a surprise to me and I don’t believe yet again that it has anything to do with mere tariffs crisis again
3 Reply Quote Share
hash51Full Member
Posts: 71 · Reputation: 327
#13May 2, 2017, 09:41 PM
Another all-time high as Bitcoin is now trading at $116K,  if this momentum continues, we might just be entering the next bull run we’ve all been waiting for. Some didn’t expect this to happen, especially with the ongoing conflict between countries like Israel and Iran, but this only proves that the crypto market can move independently. It’s like we're throwing our own bull party while the rest of the world is focused elsewhere. More ATHs to come, just chill and enjoy the ride.
2 Reply Quote Share
SilentVectorFull Member
Posts: 50 · Reputation: 362
#14May 3, 2017, 01:01 AM
Edit as bitcoin already surpass the previous ATH. Maybe let's not call it all time high yet until the chopper stops flying because right now we're only going to keep having the new ATH to be a previous one. Today didn't just happen it did the one thing that we wanted from the first half of the year but it seems Franky1 was very current that we shouldn't expect the  big move movement in the past month as bitcoin is still in its preparation period but here it is it's not long teasing but making real runs and now chopper is in the air.
1 Reply Quote Share
bit2017Senior Member
Posts: 278 · Reputation: 1886
#15May 3, 2017, 03:50 AM
I no you would be very surprised to see the time you posted this and how sudden the price rose from the initial price you were actually hoping for the new All time high to be $114k but now we are not only seeing the price but very higher, so actually I think the main All time high now should be $117k because it rose to that level but it has now began to drop, although from how it was before there is a chance that it will move to make the $120k all time high since is already very close, actually that's one of the unique thing about Bitcoin, who would have thought this price this week.
5 Reply Quote Share
s4t88Full Member
Posts: 114 · Reputation: 635
#16May 3, 2017, 04:37 AM
It's $116.5k while posting this. It's beautiful to see that the market is all green at this time. I hope HODLers didn't panic and cash out all their holdings. Does anyone know what the reason is for the market triggering this price surge? Maybe there's some positive news that is causing Bitcoin's price to rise. Because I don't think this has any correlation with the Iran and Israel war.
1 Reply Quote Share
hash51Full Member
Posts: 71 · Reputation: 327
#17May 3, 2017, 05:42 AM
I don’t see any specific reason being clearly stated, most just keep pointing to “institutional adoption” as the main driver. Hopefully the momentum continues, and the altcoin market joins the rally too. That’s when things really get exciting for all of us. https://coinpedia.org/news/bitcoin-price-hits-new-ath-of-112k-is-the-2025-altseason-here-experts-insights/
4 Reply Quote Share
LuckyOmegaFull Member
Posts: 53 · Reputation: 263
#18May 3, 2017, 09:03 AM
Now it's 16.5k...hurrrray. Multiple ATH of BTC in a row in the same season! Can anybody imagine that! I must say this season has been the most unpredictable one for sure. We literally lived through covid 2.0, several world wars, Ukraine, Russia, Iran, USA. So at this point I'll believe anything is possible for Bitcoin. Tbh, I personally was hoping for 115-120K and then shift to alt season. I'm still bleeding high with my altcoin portfolio. Fingers crossed..lets see what happens next. Hoping for a full recovery.. green is good.
2 Reply Quote Share
coin_sigmaLegendary
Posts: 1275 · Reputation: 5553
#19May 3, 2017, 09:08 AM
The price actually surge more than $115k but what we expecting before is the $115k zone. Look at that it touches to $117,548 on OKX but there's a sudden decline in that area, and the price goes back to the $115k zone. I am expecting to see it drop around the $113k zone before it will decide to go back at $115k because tomorrow is closing and next day is the weekend, when most of the traders on Forex who do trade crypto don't trade on weekends. That's speculation without analyzing the chart yet, and weekends in crypto are unpredictable. I don't actually trade on that time because I saw most of the high volume is in weekdays. This month is actually gives a huge move, unlike last June, where the price fails to achieve to hit a new ATH. The next expected new ATH is $120k, but I think it will retrace first before the continuation.
1 Reply Quote Share
block_2018Senior Member
Posts: 155 · Reputation: 949
#20May 3, 2017, 12:18 PM
Don't be tempted by immediate profits, because the bullish trend is still continuing, so the likelihood of an increase is higher. Therefore, now is the time to be strong, even though the portfolio is increasing sharply. We haven't read any news about this surge, but we are certainly happy to see the market back in the green. This has nothing to do with the war in the Middle East; it is purely due to the positive reaction of Bitcoin. #Bitcoin to The Moon
4 Reply Quote Share

Related topics