i think i saw 1108 on finex but i cannot believe it...
You did see it, the finex high was $1110.
We are now well above 1000 Euros, coinmarketcap says it's an average of €1017.81 and google says it's an average of €1028.
Even after some correction, Bitcoin is trading at $1080.
All we need is one push to take us to an ATH in dollar terms.
According to Dooglus' charts, we already reached an ATH in most other currency terms.
The positive is that Bitcoin's price has not nosedived following the announcement.
When people can withdraw cryptocurrencies from Bitfinex, it really doesn't matter.
Surprisingly, Bitcoin's price is crashing now. Did these guys take a long position even before the ransomware was out?
They could be squaring their positions now.
Yikes. Just got home from my gig to see new ATHs happening live. Wifi was down at the bar where I was playing so I didn't know what was happenening. OMG
Made 100 bucks playing music.
Made 100 grand playing Bitcoin.According to Coinmarketcap each bitcoin and altcashcoin together are worth $5646CAD.
Wow.
I know the feeling. I remember in 2013 walking into work pumped because I was up 10k over night.
My gf has been visiting me for a few weeks and my wealth has almost doubled since she got here. When I asked her if she wanted to go see a movie she said it was too expensive. I can just watch the movie at home for free.
Yeah, the wealth effect. The crazy rise in bitcoin prices has increased all our net worths.
We are much more comfortable spending now, because of the paper gains we have made.
I hate to be a Debbie Downer but I do not like the risk/reward for btc right now. If we manage to break through $5000 I see a maximum of $5500 to $7000 before a major (meaning painful) correction. I am talking about $2500 to $2800, 50% correction or back to the weekly 20 MA. You know it will come, we just don't know when. I would rather wait for a huge discount to buy. I hope I am wrong, really, but I doubt it.
Cut
It still doesn't hurt to dip your hands into the cookie jar and buy some Bitcoin right now. It's never a good idea to put too much in at one point anyways, and if you only buy a little now and buy the rest later it can't hurt- I also expect we probably won't break $5000 this time around, and we will continue on a temporary downwards trend.
Most people are already all in - In terms of the maximum exposure they would like to take towards Bitcoin. But if it goes below $3000 again, I am sure they will tweak their asset allocation given the good opportunity they see.
I think, theres no TA applicable here, it`s all emotions, for the moment .
I say, that looks like quite the bubble! No way it can keep going up!
Must have been hard to hodl during that crash from 40c to 20c. One would need strong hands to hold out under that pressure
It just took a couple of months to recover. The crash from $1200 to $200 would rank as the toughest, It took years for the price to recover.
In percentage terms, I think the fall from $32 to $2 would be the largest.