Not too long ago, Bitcoin's all-time high was around $111,970, but it just surpassed $112,500. The market is looking pretty bullish since more institutions are jumping in.
What we need next is for Bitcoin to reach $115,000 or even $120,000.
Do you think that's gonna happen anytime soon?
I would like to take this moment to congratulate all HODLers. They are all in profit even if they bought at previous highs. I think the best part of the year has just begun.
There could be some resistance but I think support is very high. We will reach those levels this month for sure.
Hoping to see Bitcoin break through $120,000 soon, great news for anyone who adopted it early.
Bitcoin has shown impressive growth:
96% per year,
20% in the last six months,
36% in just the past three months.
These numbers should be more than enough to convince anyone that Bitcoin is a must-have long term investment asset.
New ATH: $113,300, and this may not be the peak yet.
Yes it's going to happen, Bitcoin price is currently at $113, 200 meanwhile is got to $113, 420. In my last comment about Bitcoin price speculation, I said price is still bullish and there's no bearish signs but we don't know what happens next because the market can be reactive to sadden changes. This moment, the price is still very bullish and it's getting to $115k before it falls. This month seem like Bitcoin is going to be bullish and I am beginning to think that the price could very far from $115k if it's not being obstructed by any bad news outbreak.
We're currently at $113k. If support is strong enough, Bitcoin could very well reach its target of $115k. After Bitcoin reached its previous all time high, the price tended to move sideways. It attempted to surpass the all time high several times but eventually fell back, even below $100k. Now that Bitcoin has reached a new all time high, we're hoping the price surge will reach the target.
I believe it will pump close to 115K more or less then it will sharply drop to price anywhere above 100K that will serve as the new strong support.
I watch Bitcoin since yesterday and it shows strong sign that it will pump again to new ATH.
Anyone knew the positive news that might be the trigger of this new ATH? For sure theres something big brewing on Bitcoin somewhere else. Congrats holders.
From the technical point of view, this is a breakout of an inverse head & shoulder pattern formed on the daily time frame, whose target is around $144k-$150k, but I believe from here that Bitcoin will first find its resistance point at $120k, a psychological point of resistance that some bears would want to take profits from. We had the first phase leg up from 7ak to $109k and its retracement level back to $74k, and the second leg usually goes up way far more than the first leg up. I'm predicting $120k as the next level at which the market will take a breath.
I also do not think bitcoin pump will stop at the current price I think we will definitely be headed to $115k before we are faced with another period of market consolidation. The new primary support has moved from $100k to $105k which has been holding for some time now with the secondary support at $108k. I believe if we set another ATH temporary at $115k the market will consolidate for a while between this secondary support and the resistance at what ever value it might be setting the ATH.
There is no news that I heard about which actually pumps bitcoin, but if we look at the market trend over the last month it was clear that the market was headed because the buyers have been long time control and the market had consolidated for too long already. So there shouldnt be any reason behind this pump technically.
Give it till weekend the market will eat past this $114k, my realistic prediction is in the next 48 hours
We could be near $150,000 within a few days, back way below $100,000 (if Tether finally collapses), or many other numbers. The most likely result is shooting a bit higher, then backing off a bit to right about where it is now, for a while.
Yea everything is reaching new highs and its got the economists scared because with these tariffs the outlook of the economy is not good neither is Trump forcing Powell to resign and lower interest rates.
Where will the high go? I dont think but if I had to guess I would say it will peak in November or December like the last few cycles and then bottom out exactly a year later.
$115K-$120K is the price we should be speculating how soon bitcoin will get. Speculating over too higher price is not really what we should be expecting of the market so soon because the bullish momentum doesnt often continue in that manner without consolidating at some point.
Since the bullish momentum is still here in the market and no any news coming up to say the market is going to experience any bearish momentum soon as new institutions keeps coming in, then this price range will soon be reached any moment from now, if not soon but within a week or so.
Oops, happens so sudden, now at $115K+😁
I think you should go get another drink with a higher number, as we just broke past 114 and have created another level, 116. You might as well still be sipping that drink now, and Bitcoin will create another number.
It was actually almost $117500 on the exchange that I am right now. But it is falling back as it increased to that high price. I guess the market may correct for awhile before increasing again. I may be wrong but this is how the market can behave at times. I hope we can later get to $120000.
More congrats @philipma1957 👏.
The possibility of $120K is on the rise now more than ever and having just touched $116,500 it is only a short way to $120,000.
This year has been bullish for bitcoin because many have predicted that the bullishness will continue, although it will take a little longer to be in the $100K area more but will definitely enjoy where the highest price in history will be created again.
must be a strong hand.
Well, ultimately, nothing is impossible for Bitcoin. I just saw the price hit $116,000 - that's its latest all-time high. It might hit $120,000 soon if this trend continues - but either way, I think the quick profit-taking has slowed the movement down a bit. It's exciting to see the market move so quickly - but as is typical, prices can correct in the same way.
Many people may have missed today's Bitcoin trend, especially because they were hoping to buy at a low price for accumulation plan. Bitcoin doesn't wait for such people - in fact, a price increase like this could trigger an even bigger rally, reaching new record highs. The current high is $116,800 - which is truly encouraging.
Yes there is a different exchanges having different prices due to the last price bought on each exchange, some platforms for price aggregators are even yet to reach $116000. But I think this market is definitely headed towards $120000 but for now I see a little resistance at $118000 because it is where the bitcoin futures contract on most platforms have hit, so probably before tomorrow we could see the spot market price hitting $118000 and then we consolidate maybe for a little period of time before we start the move.
More pumps coming our ways
Different exchanges picked up different prices, but Bybit might be the exchange you saw that figure with, which is $117,500, which is the highest. The XT exchange recorded $116,700, and Binance also recorded $116,500, which is also in the range other exchanges picked it up from.
I also notice the fast dropping, which it's picking back up again after reaching the $116k and above; it dropped down to $115k, which it's making its way up to the previous ATH.
Yea, I got a text message from a Bit oin buddy a few hours ago to announce the
ATH. I havent been checking the market for about 2 weeks because I'm thinking
"we are just going sideways anyway"
For me - and what I have been thinking we are entering the crunch time in Bitcoins
cycle and particularly post halving, we should be seeing some upwards action
"from here on for a couple of months"
It passed to $115000 and now at $116000. So, very possible that we'll get to $120000 soon. It's only a matter of time and we've got a huge increase since yesterday. It's not even 24 hours I think with the couple of thousands that's added to its price. And if it did $117500 in some exchanges, I think that manipulation from exchanges is at it for the price of it.
It is where it's going.