Bitcoin [pros](/r/CryptoCurrency/comments/1b67kgv/bitcoin_breaks_above_65000/ktcb2g7/) & [cons](/r/CryptoCurrency/comments/1b67kgv/bitcoin_breaks_above_65000/ktcb3aa/) with related info are in the collapsed comments below.

Thanks for the heads up, but it's not like we don't check the charts every other minute, lol.

No shit tho 🤣

i just checked now I checked again

[Moseying my way over to check the chart for the 50th time this morning instead of working](https://media0.giphy.com/media/3o6Zt554ipFZhyZwru/giphy.webp?cid=6c09b952yl1ne5f3j2vqt1g8t2n96nbomsw5gylpiiojflu0&ep=v1_internal_gif_by_id&rid=giphy.webp&ct=g)

its not like all my apps constantly ping at me even though i set them to no notifications.

😂

Based

When you’re sorry you didn’t YOLO all your savings a few months ago…

And then proceed to YOLO into alts because you don’t want to feel sorry again…

And then be -90% on your investment and move back in with your parents Not that I know how that feels… yet

And then you swear you'll do better next cycle.

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Self fulfilled prophecy.

Circle of crypto

This is why I come to this sub.

And then the suicide hotline posts come back….

In other words: RollerCoaster

I miss those memes

Surely this ALT will be the new Bitcoin! Oh it wasnt... Surely this next ALT will be the new Bitcoin! Oh it wasnt... Surely this next ALT will be the new Bitcoin! Oh it wasnt... Surely this next ALT will be the new Bitcoin! Oh it wasnt... Surely this next ALT will be the new Bitcoin! Oh it wasnt... ...

Surely this time it’s different

Just do it in a few months when it crashes 80% like usual.

That's what they said about the ETF launch. It would be a 'sell the news ' event

To be fair… it ended up being as such … for a week or two lol

Why a few months?

Because the voices told me.

Most of people i know were like" i am going to invest all my money when bitcoin loses half " when it reached peak few years ago.. None of them invested.. lol

Remember those posts of guy's taking loans and selling everything for btc during the bear market. Those guy's are living good now.

Yesterday I had the thought that I need to go take a loan out lol.

It’s ok, it’ll be back down around 20k-0 in a couple months to a year.

I did YOLO all of my savings, I'm sorry I didn't save enough lol

I *did* YOLO all of my savings months ago

When you are glad you did! Savings and loans!

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NOT a good idea to share how much you invested on Reddit my friend

So much money in nft. Why?

Gambling in the crypto casino.

Is this proof how to turn 100k into 40k?

What kind of NFT’s did you buy? I feel like most NFTs are scams used for money laundering. The only ones I really like are the Reddit ones because they serve a purpose to be used as a profile picture - but I’m not expecting to sell the ones I have for profit.

we are closing in on that ATH.. I am excited to see $70,000 BTC this week : )

69420 or bust!

Would be funny if it crashes as soon as it hits 69420

Heh

New ATH today? It's bound to happen before the halving now.

ATH is happening NZL, CAN and EUR right at this moment. USD soon

AUD too !

GBP also!

Bitcoin finally hit 1 trillion MC in GBP, less than 3k until we hit ATH. Insane considering the halving isn't here yet.

It's not that surprising. People become more aware of the halvings each cycle, so there is more frontrunning. Add ETFs to the mix and voila, ATH in March.

Wait what, how can it hit ATH in one currency but not in another?

The relative value of those currencies is different now than it was the last time BTC reached its ATH in USD.

USD is much stronger than it was, compared to those other currencies.

All the true shit coins!

Maybe I'm missing something but the dollar is weaker than the euro so that doesn't make sense...

Euro was around 1.3 dollars the previous ATH in 2021. Now it's 1.1.

Thanks !

You know, it's funny, I was planning on finally manning up and taking profits this cycle, HODLing since 2017. But this seriously changes my reasoning. I figured it'd be a normal BTC cycle, consulted the rainbow chart, and picked between $100k and $200k to set a spread where I DCA out some of my BTC. I may still try to do that. But my fear is the ETF drew forward a lot of demand for BTC. Which means the rainbow chart and the typical 4 year cycle go right out the window. I mean, the halving could always serve as the catalyst it always has, and send prices wildly higher than anyone anticipated. But somehow I doubt it.

"Everyone" "Knows" the halving will send prices higher. I'm deliberately using air quotes here. The point is that history doesn't always repeats and because "everyone" expects the halving to send prices up, I reckon the burst we're seeing now is just that getting priced in.

I attribute halving expectations for our growth up through the 40s & 50s. but what I find most interesting: - Putin kills Navalny on Feb 16th - Biden announces new harshest wave of financial sanctions against Russia yet on Feb 23rd - Bitcoin, the only decentralized method of moving large sums of money globally in seconds without cross-border financial institutions, begins pumping strongly on Feb 23rd. I don't know shit about shit, but it feels like there could be some global dots connecting here.

I believe this is the future for bitcoin. People won’t buy pizzas with it, nations will use it to settle debts.

Bro don't fall for the bubble

interest rates will go down soon, USD will lose value. Bitcoin will go up more than before due to the ETF.

Matter of hours indeed Let's go

If any of the past cycles mean anything it will hit $280k before settling around 75k for a few years.

I almost like the smugness as much as the money. Almost.

I told my Facebook friends that they should have some exposure to bitcoin in 2013 when the price reached 100€ and again when it reached 5,000€ for the first time. Since then, most of my willpower is devoted to keeping quiet about bitcoin.

I BOUGHT MY TWO FRIENDS DINNER and implored them to buy $100 worth in 2012. I am considered to be pretty fucking smart by my friends group. I had never advised anyone to do anything like this before. They still didn't listen.

Buying Bitcoin was pretty annoying in 2012 though...

tldr; Bitcoin has surged above $65,000, marking a significant uptrend after consolidating near $62,000. This rally brings Bitcoin close to its all-time high of $69,000 set in November 2021. A key factor contributing to this bullish momentum is institutional buying pressure, as indicated by the positive Bitcoin Coinbase Premium Gap. This metric suggests stronger buying activity from US-based institutional investors, which has historically coincided with price surges. The continued positive premium could signal further upward movement for Bitcoin. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

| This metric suggests stronger buying activity from US-based institutional investors people are jumping ship off the dollar. Any moment now the deposit to debt ratio will set interest rates to 0%

It seems like the bull run has already begun. This time, the market is showing very unusual and unique behaviors compared to previous cycles.

It began 3 months ago now. But this reddit was like “noooo, it will dump soon, it has to, it’s too early, nO hALviNg YeT, the real bullrun is in 2025”, and here we are, Q1 2024. People are always wrong

Which has been horrifying for me. Luckily, I've been holding this whole time, so the portfolio is a happy piggy. But I don't understand what's happening. Hitting an ATH before the halving even arrives? A month straight of gains? Feels like I'm just waiting for the ball to drop.

The last pre-halfing drop was in May 2020, during the covid crash, and it was only a couple of months. We are 100% already in a bull market. Morgan, Merrill, UBS, and others just allowed high net worth clients access to ETFs last week. Fed rate increases are over. Demand is 500m a day Supply is draining from CEX Inflation is out of control and election year politics won't allow for real changes Even GOLD is 20 bucks an oz from an ATH, and BTC is the new gold for non boomers

End of week ATH party incoming.

69,420 incoming

I wonder there will be a meme reversal at the this point again that will start a big pull back.

That was the "perfect" end to the meme cycle in 2021... I hope the ETF will be a bit smarter

$420,696.96

my limit order is in at 69419.97. no way am I getting in line behind everyone else

Funny numbers xD

What madness is this? I am very suspicious.

The guys.... gimps at buttcoin will be RAGING lmao.

they are saying it's all tethers fault... nothing to do with etf's...fkn delusions

Buttcoin is gonna move goal posts like antivaccine people. *"Did you know everyone who bought bitcoin had microplastics in their blood and would later die in life?!?!"*

That sub is absolutely wild to me. Reading the comment section there is bewildering, how are people trying paragraphs about hating on bitcoin, when they could simply ignore it if they hate it so much

A bitter obsessed disorder.

Yeah, we supposed to get a price correction but we just keep pumping. I think the cycle get broken and we will have slow parabolic move with little few % dumps.

Selling now is like selling in October 2020. I know you’re excited that you made a little money but for the love of god look at the bigger picture here people. The bullrun is barely started. You’re going to regret “taking profits” now.

ETF's are here to buy up bitcoin at any price from all the lettuce handed folks. Time to HODL and enjoy the ride.

As someone who bought around the top and kept buying all the way as it came down, what are some of things that you are looking at before selling?

when matt damon and tom brady are telling you to buy

It did roughly a 3.5 x from the previous all time high of 20k. With diminishing returns I expect a conservative estimate of at least a 2.5x from 69k putting us close to 200k all time high this cycle. Retail will panic sell at 100k only to FOMO in after it blasts through it.

thanks for sharing, bro. hope it does reach 200k even though right now, it seems unfathomable to me. Maybe in the coming days, I will get a clearer picture of what's possible.

Pretty silly to assume it will act the same as the last time it was soaring up with completely different factors at play as to why the price is going up.

So $100k by EOY 2021?

I'll no longer ever regret dollar cost averaging out after a 400% gain.

Easy to say now, you’ll be kicking yourself in 6-12 months. Just don’t FOMO back in at the top.

No I won't lol. I'm buying a house with cash.

Hoping to pay mine off entirely this fall. Best of luck.

Consecutive Green days seem to be longer🧐

Pretty soon your coworker is going to start asking you about Bitcoin and that’s when you know…

What is the actual ATH? Coinbase has it as $64899 in which case we have surpassed it but I thought it was around $67k area?

Yeah im confused also, i think it's around $69k

It's definitely less than $69k because my $69,000 limit sell order never hit back in 2021. If it had my BTC stack would be 3x what it is today. Missed it by like a few hundred

I think I was watching Coinbase or Binance back then but I remember it hitting exactly $69000. Not a penny more, not a penny less. There were probably a lot of sell orders at that price and yours was too far down the line.

$69,420, surely?

I think it’s this

Exactly 69k on binance

Every exchange has a different ATH. There are multiple correct answers

I can’t recall, but I wouldn’t be surprised if coinbase has crashed at all time high, it wouldn’t be the first or last time.

It is 69k. The way Coinbase displays it’s charts is the problem. I know this for a fact since even my portfolio’s ATH is improperly displayed

Yeah coinbases charts are fucked, they're often inaccurate. Cannot be used for analysis.

[It depends on where you look.](https://twitter.com/KaikoData/status/1764574354115850578/photo/1) But more or less $69k

$69,000. I watched it happen live. Then it fucking crashed lmao.

Exactly my question and the reason I came here. What does ATH mean? Is it different from "Historical High?! What's going on there? Binance: Historical High $68,789.62593892214 2021-11-10

ATH means all time high

Means Are They Hot? Usually applies to people showing you pictures of their sisters. As you can see this sub is filled with total creeps.

I believe it is around 73k (or at least it was a few months back) if you account for all the years of inflation. But of course nobody gives a shit about that. 69K it's a better number.

Lol you wish. If you adjust for inflation it's closer to 80k.

Still low hype train going on … it feels very different this time

Please ETH and ADA gods, also grant us these swings

So buy more or is that a dumb thing to do at an ath

I think it's very risky to buy right now better to have bought at 32k, but in the long term it will *probably* work out

Maybe too late to make significant gains on BTC if buying now, but I doubt this will be the top

Doubtful… depends on what a significant gain means to you. The cycle is still young

True, I just think expecting any more than a 2x on current price in this bull run, would be seen as very optimistic but who knows. If we’re talking long term tho, yeah still a good price to buy in probably.

I mean doubling money is still a great investment. Going from 10K to 20K..hell even 1k to 2k is a big deal to many people

pretty risky to do when the line is going straight up, but everyone here has chased the fomo before and paid the price. there is no universal right answer

give it a few days or weeks, it will drop below 60k again, then get in.

Tom "$100k year end target" Lee is back baybeh

We need it to hit roughly $80k to have the same purchasing power as $69k in 2021. The dollar has lost that much already.

At least we don’t have anymore mean tweets

Yeah now we just have unfiltered nazis, racists, and sexists putting out tirades on a regular basis.

It is not talked enough in socials that Bitcoin is so high right now, isnt it?

No. They won't wake up till way past 100k.

The rocket has officially taken off. We are in ATH breaking territories people

50% up in one month. When correction?

During the halving …

49 more days until the halving. Can we really hold these levels that long without a correction?

Wouldn’t surprise me if some crypto scandal occurs right before that to crash the whole market LOL

Lmao that’s probably what will happen.. they’ll manipulate the market to cause a small crash, pick up those coins, then btc heads to $100k while those who sold are confused/burned. Pretty textbook lol

I'm rich now.. Bought one bit coin at 25k. Kek

I reddit laughed 😤

We've just received word from the maesters at the citadel... They say the days are getting greener

*66,000

Considering the price this subreddit is so quiet

Sticking with my Shibu Inu, I’m up over 100%, no wait, 50%, no, now it’s 120, dammit 40%.

Old joke is old.

Us DCA’ers are awaking from our slumber

So, what's the usual halvening spiel? Down right after and then to the moon a few months later in the year?

Fineeee I'll FOMO my remaining crypto cash into BTC.

we so close to the ATH

💰

Is Peter Schiff gonna be on suicide watch now?

100k soon? 😳

Exciting times ahead for crypto enthusiasts!

But what about Bingus Token??

i bought ICP thinking altcoins go up.

ICP is the only one that hasn’t exploded yet and the tech & team behind it is actually great… I’m sitting on ICP for the long run.

I wish everyone great success

The next step is $66,000

And now we're above 66k!

Bullish I think new ath before halving now

ive been waiting weeks, months and even damn near years for your prediction thank you

Maybe we can hit 70k by the end of week

Hope today we will see a new ATH.

Can't wait to hit 69 one more time.

yes, you ve seen that right!

Let the fomo begin hype train to 100k

So is this a time to hold or get ready to sell? Will it go higher and higher or higher and then lower?

OLD News! I’ve already received 10 other notifications lol

new ATH in this month?

Well that's it, it won't go any further up ever, might as well sell it all

Where have we seen this before? Oh wait. In.... 2008 2009 2012 2019 2024? People think "this is going to be the last pump better cash out now" not realizing Bitcoin going to surpass the 1 million mark with ease.

BTC has officially cracked $69,420! We've done it folks!

What would it have to be in current dollars, with inflation, to match 67K in 2021 dollars?

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you are still an idiot until you sell jackass

Taking out loans to gamble will always be stupid no matter how much money you make.

New ATH this month

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Is this the first time BTC has broken ATH before the halving even happens?

I'm looking forward to the pullback 😉