BTC hits $120K, a new record

So Bitcoin's at $120K now, hitting those crazy heights. What are you guys thinking? Are you still holding or planning to sell?

It all depends if one has reached overaccumulation stage he can decide to start selling his or her Bitcoin at this price however I will advise everyone who has reached an overaccumulation stage to sell only 10 or 5 percent value of their bitcoin when ever it doubles I think this is the best way of managing one's bitcoin investment. However if you have not reached overaccumulation stage or your target then there's no need selling your Bitcoin just because it has increased in price except you are a trader.

In the 4-hour time frame, there is no change of structure, no signs of trend shifting, yet it still uptrend and actually it's not $120k but $122,838 according to CMC and coingecko. For me, it might attempt to retest the ATH first if it fails, that is a signal for structure shifting. We are going to wait for breaks on previous lower-highs to be considered a downtrend or bearish. However, if the $122,838 breaks again, there's a chance that they are going to achieve $125k or more than that. So selling is not a good option yet unless you already satisfied with your profits.

$122k to be exact. With this more natural growth of Bitcoin price without depending on any trendy news like Trump-related news earlier this year, I guess holding more this time is much recommended. But still do preventive measurements in case it drops a certain point, so you won't regrets it. I'd still bet price will reach $150k this year, once it reached such height, probably $200k is more possible as well.

It's true, it seems Bitcoin still has the potential to keep rising in the near future and will continue to create new all time highs, so holding onto it is the best option for now. Of course, the price can experience corrections at any time, but for now, I believe it will only correct after reaching $130K. I'm optimistic that Bitcoin price will break its all time high and hit $150K this year, and that would be a better time to sell off a portion. For now, Bitcoin price is still holding above $120K, which is good news for everyone who's adopted it. Market sentiment sometimes influences price movements, but there are other fundamental factors that make people more confident in Bitcoin. One example is the SEC recent decision to approve Grayscale ETF application.

Just few days when bitcoin reached an all time high of $118K+; speculations were already going round when bitcoin will reach $120K, never expected it’ll be this sudden because the pattern of the market looks like it was creating a resistance at $118K and won’t break that zone so easily to get to $120K. It looks like the whole bullish momentum were at its peak and couldn’t allow that zone to hold the market from breaking through $120K and marking a new ATH. With the performance of Bitcoin just this few days, $150K is already becoming a very possible target to be reached at minimum in this bull cycle. Let’s watch out the market!

Bitcoin has made a new history, with $123,000 marking its new all-time high. It was unexpected that Bitcoin would rise so quickly and break through $120,000, but that's the nature of the market when FOMO and increased buying power prevail. The market is moving so fast and has indicated a greater bullish momentum, but concerns remain, with some observers suggesting a potential downside/correction could follow. So far, I have no plans to sell Bitcoin or other altcoin. This investment is for the long term and I still believe the peak of this year's bull cycle isn't over yet. I can wait for the next few months until the end of the year, but if all profit targets are met, I'm ready to sell all or part of it for a profit.

Sold some already and even at a cheaper price to take some important expenses. But I've got the rest on my bag that's going to be for holding longer. That's already enough for me and I will continue to hold not just for this cycle but also for the next ones. HODL is for diamond hands. Just a heads up for those who are not yet optimistic about bitcoin, it has flipped Amazon as the top 5 in the world for being having the highest market capitalization. But if the price goes down, it will be back to 6.

After hitting a new all-time high of $123K, bitcoin has now experienced a small correction. I'm not sure why some people are so concerned about such a small correction - it should be normal in such a volatile market. Yesterday, the all-time high was $118K, then $119K and then $123K, so is it time to expect a $130K hit this month? It's realistic to expect a $130K hit this month - at least if the current positive trend persists. However, if concerns lead to panic, the price could fall further and test the $115K level soon. I don't want it - but anything is possible especially if there is high selling pressure. Not for sell and still holding.

This price increase is not news-driven like previous ones, but bitcoin price also does not increase naturally without reason. This is a result of institutions and ETFs hoarding bitcoin, and investors losing faith in the USD, with the DXY index down 11% since the start of the year due to Trump's tariff policy and the OBBBA bill. In my opinion, only traders and speculators should be cautious but for long term holders, accumulation is even encouraged. The distance to 150k is not too far and I also believe that Bitcoin will be able to reach it, but to reach $200k, I think we need a bigger catalyst, otherwise it will be very difficult to achieve.

Well we did see price of $122,979 we almost did see price of $123k. I do think now with the US Congress now starting a 'crypto week' we will see alot more gains this week. Now price is back down to 117k so you can buy some cheap stats. Because we will get back to the all time high and then some more. https://www.thefp.com/p/bitcoin-hits-120k-the-real-story-crypto-policy-trump

Not $120k, but $122k and according to the exchange chart, the high was at $123,218. The current position has slightly decreased to $116k. Let's wait and see what price it will be at today as the closing price. It is not necessary for people to tell the truth here about whether they are still holding or have sold their positions. It is enough for them to know even though there is nothing secret.

It depends on whether you want to sell or hold. People have their own targets and don't even need to ask when to sell. I myself will continue to HODL because there is still potential for it to rise to $150K by the end of the year, even if it doesn't reach that price. Currently, the price is experiencing a correction after yesterday's rise to its ATH peak, which is normal after an upward trend.

The current correction is normal. Yesterday's rally shocked the highly passive financial world. Bitcoin hit an all-time high in this cycle. Some may think it's over and we've reached the peak, but they don't understand that this cycle isn't over yet. Q4 is always the highest expectation for every holder in the cycle. $150 is a psychological figure, similar to when we acquired Bitcoin at $100,000 previously. It's certainly a bit difficult, but I think we can achieve it, even with a target of $200,000.

Yes, the decline that occurs after Bitcoin creates a new ATH will result in a correction and what has happened so far is a healthy correction because it has not experienced a significant decline and this often happens when the Bitcoin price creates a new ATH because it is likely that there will be a sell-off because some investors have made big profits or reached their targets and will start again when the decline occurs and and this often happens because each investor buys a different strategy to make profits and also many factors affect the Bitcoin price that cause it to correct. And certainly the Bitcoin price will continue to rise which will benefit those who own Bitcoin using a long-term method because the long term will never fail in terms of profits as long as they have patience and also be a strong hand, and the next target is $150K because we have reached $120K and I think $150 will happen towards the end of the year dN even more than that.

The Bitcoin market candles were very strong yesterday, and it rose to an all-time high and formed a new ATH. However, today's situation is not very good. The market has a lot of fall, but I think this may be a temporary fall. Since we all have some idea about the market and Bitcoin, we are optimistic that the Bitcoin market will enter a higher high this year. I have some fraction of Bitcoin so I am not ready to sell it at the moment, since the market will rise higher, I will not sell it but hold it.

After the market experiences an increase, it will undergo a temporary correction before rebounding to a higher level, as previous history shows the same pattern after an increase followed by a slight correction. The picture is clear to us that prices will continue to set records, at least for this year, so we will continue to hold on to our coins and will not sell so quickly for the sake of immediate profits... we expect much higher prices than now.

We all have our various purpose of why we are investing in bitcoin and the time that we plan to sell. Personally, I am still holding to my portfolio and watching the market movement, because I was shocked with the rapid surge in bitcoin price within a few days from $108k to $122k+. I was expecting a correction at a point around $118k, but I was surprised that bitcoin broke that resistance force. Bitcoin price has dipped to $117k+ currently and I believe that is a sign that a new ATH waits ahead of us. I believe we can achieve $150 before the end of the bull run. Stack more coin and take advantage of the current dip.

I won't be selling because I don't think that's going to be the peak price of the market. If the market can get us to $120k then we can get up to $150k and more price. I'm not being greedy here but I don't think that's going to be the highest price for Bitcoin in this bull market. The market sentiments aren't giving me positive vibes therefore for the market to not be bullish yet the price can get to $120k, I can only imagine what the price of Bitcoin is going to be when the market becomes bullish. I remember when President Donald Trump won the election and how positive the market reacted. If we can get the same energy, the price of Bitcoin can increase more than we expect.

120k is low target but at least its better then selling at 60k that some must have.   I would rather say aim high, like 240k and if you somehow only get half way to that target before a forced sell or just your will fails in holding then its still alot better.    I dont see 120k as proper top because its so nearby, some strong reason would have to be there to make me think that.    It just doesnt seem natural, if the fence breaks you can bet the cattle dont go sit 10 feet away they will run far with their new freedom, that's the normal outcome of a change to resistance etc.