Bitcoin's chilling just below $110k, hanging around its recent all-time high, and pretty close to those peaks we saw last December and January.
But there’s a ton happening for Bitcoin right now.
- With Trump's harsh economic and political moves, a lot of folks are getting nervous about the US, the Dollar, and the whole idea of buying US debt. People are trying to ditch the USD for something more stable. Sure, some are still flocking to gold, but many are jumping ship to Bitcoin.
- Several countries are considering setting up Bitcoin reserves when the political situation allows it, and Pakistan just announced it will be the next to join in.
- Some US States are starting to stockpile Bitcoin reserves, with New Hampshire leading the charge, and Texas seems ready to follow suit. Expect a few more to hop on this train in the coming year.
- Bitcoin ETFs are seeing a big inflow again, picking up thousands of bitcoins almost every weekday.
- Lately, it’s become routine for one or two companies to announce they’re kicking off bitcoin treasuries, plus the regular buys from Strategy and Metaplanet. Corporations are snatching up hundreds of millions to a couple billion dollars in Bitcoin each week.
- Block just revealed they’ll be adding Bitcoin payments to their PoS apps next year, and loads of stores use them for transactions. I’m not too sure how much volume they’ll handle, but it’ll definitely take years to see significant processing.
Is Bitcoin gearing up for a major surge soon?
19 replies 501 views
gwei_minerSenior Member
Posts: 197 · Reputation: 966
#2Feb 3, 2025, 02:09 AM
The feeling si very much mutual here, but one of he reasons why bitcoin has rocketed since all the huge adoptions and happens that are supposed to make it bullish I think the trump tariff are what have lead to delay in the upity of bitcoin, since guys awaits his new type of tariff hits hence this is making it difficult to scale up as expected but i guess since the US court has temporarily stopped trump from tariff wars then we are preparing for the blast which you are refering to. in this situation I urge buys so much that I could even take loans just to sack up as much as possible.
It's really a buy opportunity for the last time.!
Tariff isnt even the thing, most at times I say that some of the investors who are actually not institutions do not add up bitcoin more again as they sit out to wait for their profit target, as for this institutional buys which is spread in the news I doubt most of their buys were even upto that amount sometimes because the metrics for the demand isnt actually affect the market but once we hear of sells it actually do significantly affect the market.
As for what is actually affecting the market right now is simply nothing strange but the usual market trend of consolidation after correction to a new high as there will be sellers taking profits. After this prediction we then go for a long bull ride
Not a good advice though to borrow and invest into bitcoin as this may affect your psychology
Kinda agree with this take, the tariff is really the one thing that's holding bitcoin back because it causes uncertainty and people sentiment moved from bullish to a little bit hesitant.
I mean the recent 50% tariff toward europe just happen so abruptly that the market's rally also paused and now the market become confused and now people are waiting for the outcome of the EU trade talks.
In my opinion it is still recession and economic uncertainty that is having a negative effect on the market pushing the price down and preventing its "big rise".
The global tensions are also on the rise again after NATO tried assassinating the Russian president. The there is the tariff war that is causing recession. So when people have no money and things are getting crazier every day, more people tend to liquidate their assets rather than adding to them. Hence the sell pressure.
Well I do think at some point now we are going to see price of Bitcoin go up alot. I do think we will see a new all time high in the next month. I am very 'bullish' on Bitcoin right now and am stacking some cheap sats before it does become more expensive.
yield_hawkSenior Member
Posts: 197 · Reputation: 1334
#7Feb 3, 2025, 10:43 PM
Sentiments are very bullish indeed. Just imagine at the middle of the year wherein we already have a new all time high again. So what's more in the next six month? It's just a matter of time and what will be the biggest price or the peak of this bull run.
Yeah, perhaps that's a safe way, just continue to stack sats and who knows, that sats will turn into a full blow Bitcoin in no time. Just start small but aim big. It's not that easy for the majority of us here as we are just average joe investors. But with hard work and mental toughness, we can go in this cycle and still earn a lot of profits by steadily saving sats at least till the end of the year.
I am with @mich which is very bullish on Bitcoin.
We are in weekend which is usually the correction comes. But that doesn't mean Bitcoin will not go up and break the last ATH. I am sure Bitcoin will have more chances to rise and back to $111k. It will increase more than that so those who sold their Bitcoin for a short term profit will have their own decision.
But we as a long term investor still want to hodl our Bitcoin. We want to sell when the price is seems unrealistic to happen for now. Yes, we should accumulate and stacking more before the price increase and we are too late to buy at a low price.
Given everything going on worldwide, Bitcoin is obviously evolving from a speculative tool. States, businesses, even nations are embracing it practically. Right now, the gradual speed movement seems more like a build-up than a pinnacle. I feel it's most likely going for another large step up once the temporary sellers are gone. This reminds me of one of those peaceful before the storm times.
The month of may only has one day to the end, so we wouldn't see any strong move again and even if it was to move on this remaining day it will just be very little but however I have your optimistic belief on next month Bitcoin price new all time high because all this drop we are seeing now could actually be in preparation to what is to come on the month we are entering and if it does move as we a predicting it might establish a big new price and possibly go more beyond again because it does that this month when it created $111k and in no time went above it to the $112k.
silentchainHero Member
Posts: 473 · Reputation: 2317
#11Feb 4, 2025, 10:02 AM
Most interesting in the evolvement of scraping the old days to advancement is why bitcoin as a digital asset is dominating the economy global markets based on it digitality and self custodial for holders without getting tied of the USD or the US treasure bonds.
National interests on reserve are gradually fading off from the stock due to geopolitical sentiments and market manipulations which only bitcoin can be the restoration regardless that it is decentralized.
falcon_2011Full Member
Posts: 55 · Reputation: 473
#12Feb 4, 2025, 12:46 PM
There is still much uncertainty towards BTC, unfortunately, but it will fade off eventually.
And those willing to look through the FUD already will reap the best boons out there.
I always respect what you have to say, so I actually am buying it a little.
But personally and on my own? I really don't know what to make of this. 2017 prepped me for 2021 and it was generally quite a script follower but this non cycle tells me there are new patterns, or no more patterns.
So yeah, you may be right. You very well may be.
It feels like something is going to happen. Theres a ton of buying going on and the price is drifting lower. A lot of people are expecting the US Government to buy 200,000 BTC this year and eliminate capital gains taxes. There is also a lot of hope placed on MSTR getting included into the S&P 500. If we end the month below $100K so MSTR doesnt get included in the S&P and the government fails to advance Bitcoin buying bills, we could see a downfall. Be cautious. We could go to $170K or $60K very quickly. Make sure youll be ok in either scenario.
My only concern with treasury companies is that they haven't fully experienced a treasury bear market yet. I do not count MicroStrategy, because they started stacking bitcoin when it was $10k, so they essentially bought in various prices in the last cycle, at an average of around $30k, so the bear market made little impact on them.
But for most small companies that adopt Saylor's strategy to get on leverage, it might create a snowball effect when the bears come out, at some point. Many of these companies will go bankrupt if bitcoin does a -50% from where we are today. And, judging by history, this is far from impossible to happen.
CryptoWalletFull Member
Posts: 50 · Reputation: 384
#16Feb 6, 2025, 11:20 PM
I don't think there is any new pattern in this cycle because in 2021, the price was higher than it was in 2017, now we are in 2025, and the price is higher than it was in 2021, i think it's still maintaining that sequence but the only distinct and confusing thing right now is that we do not know how long the bull run will last before a bear season appears since the price keeps going upwards and downwards, at a time the price will be dipping continuously but then again it begins to skyrocket. Until the end of the year, we will get to know if there is a major change in this cycle when compared with previous cycles.
We have now seen market activity that has seen bitcoin lose over $11k since the new ATH was hit. The intense selling pressure caused bitcoin to fail to hold support above $105k and now bitcoin has tested the $100k support. I dont mean to be pessimistic about $120k, but it feels like $120k is getting tougher if this kind of selling pressure doesnt subside. $100k doesnt look strong as support, but I do believe there is some potential for a recovery.
What's next, I hope June this year is different from June last year. Accumulation is once again opening its doors to anyone who still wants to accumulate a lot of bitcoin, I think this is an opportunity even though this is not really reliable financial advice.
Even your bunch of positive news are convincing me, the banking interest rate in USA after pandemic must be still playing a crucial role on inflow of new investments into crypto space. With Fed reserve Jerome Powell is being too stubborn on not reducing interest rate due to inflation reasons, Trump government may need to wait until his tenure to end to do anything on interest rates to favour dollars to move out of bonds. I am not sure still this could be the major reason why bitcoin failed to test 100k level in 2021 itself and now got stuck around the same level for almost of half of a year.
Bitcoin markets suppose to blast off on its bullish year of 4 year cycle but this time we are having slower growth compared to the previous one of 2021. Still, we have enough months left for this bullish year which means we may have exciting months ahead and also who knows bullish trend may extend up to mid of 2026 as well.
I think we are just seeing normal market behaviour. We reached an ATH and then a
slight pull back. So for over the last almost 2 weeks the market looks like its building
to something (which happen still) but I think it will be a few months before something
substantial happens in line with historical 4 year cycles. We could be going sideways
now for a good few weeks yet.
It happens in so many times like this, we should be getting ready for the explosive, because it will soon get to that stage whereby the market will not be resisted anymore until more all time highs are reached, this can happen anytime, just as many of us already believed that the market could go more bullish at any time from now, we should also still be on alert in case the market went on a correctional mode to reset before launching us into the bullrun for all time high and the last one for this season.
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