When do we really note it for Bitcoin ATH - page 2.

Sebas.tian

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Quote from: JiiBs

So, exactly when can we have declare an ATH to be?
Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!

Whenever bullish season is appearing in the market in a particular year, there will definitely be ATH where holders will take record as the highest price they have ever experienced from the year and it will be recorded for other investors to take note of such move in the future and to have hope in their holding to experience another ATH in the next bullish season. Now that the price is reducing again from the market, for those that sold their coins to get prepare for another bearish season before they can purchase coins from the market and hold for another bullish season that will make the price to be higher than the previous ATH before they can release their coins for sale. I think, the highest price investors have experienced from this year is $73,000, which there are some signs that the price will still touch $90,000 before the end of this year to record another ATH that will make many countries to begin to adopt Bitcoin and cryptocurrency in their countries.

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Quote from: Nrcewker on April 18, 2024, 09:38:18 AM

Each time the price record breaks and Bitcoins goes up, we mark that exact moment as ATH price. Yes it might break multiple times and we might see ATH price more often, but that is not the issue. If you meant the actual figure, then that will only be seen only during the bull run. The price will just go down and down, and at that moment we can note how high Bitcoins were during the rise. In this manner the final ATH price can be noted.

That is just the way it is, every single time bitcoin reaches a higher value it has not reached before, that is an ATH, however since there are many ATHs during a big movement, we often only give any attention the highest peak during the day those ATHs happened, and once the bull run is over the highest price that is reached becomes the benchmark to beat during the next bull market, the absolute ATH in the mind of most investors and the one that is remembered the most, while the previous ATHs that were reached get eventually forgotten.

AnonBitCoiner

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During every halving price of Bitcoin crossed previously created ATH and now halving has been initiated so there will be no sudden effects of halving but the market will dump and after which pumping will happen so don't think that if price has not surged yet then it will not increase anymore.

The previous ATH was 69k$ and before halving Bitcoin has already touched 73k$ so it is assumed that Bitcoin will increase further and will go higher than these two values. however it is still very difficult that when we will see another ATH and also we don't know about the value of new ATH but possibly it will be 100k$ or more than this.

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Quote from: JimboToronto on April 20, 2024, 01:06:20 AM

There's no such thing as an "all time" high, Laura.

As the man said it, it's going up forever.
All highs are just temporary.

We can't deny him thinking outside the box because since bitcoin is priced in fiat money, mainly USD, and bitcoin's inflation is lower than dollar's, there's only one outcome - bitcoin will continue to go up against the dollar for as long as they both exist. What we see as all time highs are just bumps along an infinite path and if you look at a daily charts you see them, but go to weekly, and they start to become blurry. Go to monthly and they start forming one long incline.

CageMabok

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Quote from: Sorryfor on April 20, 2024, 12:48:51 PM

Bitcoin halving has started now its current price is 64000$. The price of Bitcoin reached the above amount at the beginning of the halving this year. Now the halving will dump the price of Bitcoin within few days and it may be between 40000 to 50000$. That's my idea. After that the price of Bitcoin will pump again and reach its best value. Now let's see how much Bitcoin pumps up in the future.Earlier in 2021, Bitcoin ATH was $69,000. Currently, the price of Bitcoin at the start of the halving in 2024 stands at $64,000. Bitcoin may then leave its high of $100,000 within a few days

Now it may be more different from 2021, because with the price of Bitcoin still remaining at the level of more than $64K, it may not cause Bitcoin to fall to the price level you said. Because if you look at the current condition of Bitcoin buyers, I am more confident in the next price increase than the price decrease to a lower level even though that could also be possible for Bitcoin at this time. However, with price correction conditions that are not too large like now, of course the possibility of a deeper decline will not immediately occur for Bitcoin.

Gaza13

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Quote from: Sorryfor on April 20, 2024, 12:48:51 PM

Bitcoin halving has started now its current price is 64000$. The price of Bitcoin reached the above amount at the beginning of the halving this year. Now the halving will dump the price of Bitcoin within few days and it may be between 40000 to 50000$. That's my idea. After that the price of Bitcoin will pump again and reach its best value. Now let's see how much Bitcoin pumps up in the future.Earlier in 2021, Bitcoin ATH was $69,000. Currently, the price of Bitcoin at the start of the halving in 2024 stands at $64,000. Bitcoin may then leave its high of $100,000 within a few days

Yes, the price of bitcoin has slightly exceeded the previous price, that's just your speculation, even if it's true, of course many people will be happy to see that price. Price declines are commonplace, not only during halving, there are many factors that influence the issues out there. Don't we just see bitcoin prices increasing in the future? What we need is how much have you filled your bag with bitcoin? Actually, this is the right moment to increase our assets, as much as we can. If you really believe in this asset looking at its previous track record, expand your bag right now with Bitcoin.

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Bitcoin halving has started now its current price is 64000$. The price of Bitcoin reached the above amount at the beginning of the halving this year. Now the halving will dump the price of Bitcoin within few days and it may be between 40000 to 50000$. That's my idea. After that the price of Bitcoin will pump again and reach its best value. Now let's see how much Bitcoin pumps up in the future.Earlier in 2021, Bitcoin ATH was $69,000. Currently, the price of Bitcoin at the start of the halving in 2024 stands at $64,000. Bitcoin may then leave its high of $100,000 within a few days

JiiBs

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Quote from: JimboToronto on April 20, 2024, 01:06:20 AM

There's no such thing as an "all time" high, Laura.

I have been trying to make sense out of this statement since I saw it and every though I could relate with seems contradictory and doesn’t allow me to make a lot of sense out it.

Having to support that, there couldn’t be such a thing as an “All Time” High, given the fact that, there is a future term to that statement, we could also argue that, the statement can persist due to the fact that,
You really can’t assume discredit the existence of an event based on a time you don’t know to exists for sure. Perhaps we climb the next hour and the price doesn’t beat the previous, they all feature in the past and number below an existing high price.

So, an All Time High statement could go!

JimboToronto

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There's no such thing as an "all time" high, Laura.

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If you mean the ATH in relation to the value of the dollar at that time, you will not get an accurate value, but you can get an approximate value. I read a topic a while ago on the forum that talks about this issue, and in this case the ATH will be different for each country compared to the inflation rate that has occurred since that time.

This means that in my country, the value of Bitcoin must be around 120-150K$ in order to obtain the previous ATH value compared to the rate of inflation that has occurred since that time, but for me it is okay. I will be happy if I sell Bitcoin at 100K$.

Baofeng

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Quote from: EluguHcman on April 19, 2024, 10:04:58 AM

Very interesting question and this is actually a common reasoning that most of us still feel confused about.
OP, just as entailed, ATH means "All Time High" which is to say whatever price Bitcoin surges that has never been counted in history is simply an ATH.

The record to be an ATH can occur in any season of Bitcoin but usually, Bitcoin enthusiasts expects Bitcoin ATH during the bull runs of every 4 years circles.

It's not on every season, all time high is achieved during the bull run cycle. And so we officially enter the bull run cycle after the halving, so in 5 years, we have the halving so it will commence that countdown to a new all time high year this year and 2025.

And so there are a lot of speculations as what the new all time high will be, but all agreed that at least a 6 digit price is on the horizon and this will be our top price for this bull run. It might take some time to get to that price though.

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Quote from: Nrcewker on April 18, 2024, 09:38:18 AM

Each time the price record breaks and Bitcoins goes up, we mark that exact moment as ATH price. Yes it might break multiple times and we might see ATH price more often, but that is not the issue. If you meant the actual figure, then that will only be seen only during the bull run. The price will just go down and down, and at that moment we can note how high Bitcoins were during the rise. In this manner the final ATH price can be noted.

In a bullish phase, the ATH record may be broken many times but often it will not last forever because a natural decline means it will signal a bearish season.
We will see the real ATH later anyone can declare it but for now only $73K as the new ATH and then broken in the next few months so that's what I think.
Nothing more but looking forward to what the record high will be.

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Quote from: Jating on April 19, 2024, 09:42:43 AM

We obviously declare ATH when we no longer see the price climbing up, and this is usually on the last quarter a year after the halving.

Any price which is the all time highest price in comparison to all previous prices is an ATH at the time. You only call the prices in hindsight when we are looking at the peaks and lowest of different cycles. ATHs are called at the time they are recorded.

Obim34

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Meanwhile, some forum users might have done justice given their various opinions on the question you asked, All Time High (ATH) is is seen as the highest of price mark as per any asset, but now specifically on Bitcoin, ATH are bound to happen in every cycle before or after it's halving commencing, like currently we are closer to the halving and we already touched an All Time High of $73k, it isn't the climax yet, just after the halving it's definite that we must get a price mark higher than this, many already speculated a value above $100k. So, we declare an ATH as soon the price of Bitcoin at that particular spot has the highest price mark compared to the time of creation. The ATH of Bitcoin varies at every cycle, and it is bound to continue such way, we should expect another Bitcoin ATH not too long from now.

EluguHcman

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Very interesting question and this is actually a common reasoning that most of us still feel confused about.
OP, just as entailed, ATH means "All Time High" which is to say whatever price Bitcoin surges that has never been counted in history is simply an ATH.

The record to be an ATH can occur in any season of Bitcoin but usually, Bitcoin enthusiasts expects Bitcoin ATH during the bull runs of every 4 years circles.

Jating

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Quote from: JiiBs on April 18, 2024, 06:52:18 AM

So I want to keep this really Brief but,

I was just reading some threads as I do often on the forum and I noticed a thread that talks about Bitcoin ATH and even so, recognizes that Bitcoin is still climbing. Of course it might be an ATH given that, it already broke the existing at the time. Even so, we know that it’s not going to be hooked there and price appreciation is still going to continue pushing for more.

So, exactly when can we have declare an ATH to be?
Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!

We obviously declare ATH when we no longer see the price climbing up, and this is usually on the last quarter a year after the halving. So in this case if could be in 2025, maybe November or December to reach a new ATH and the price reaches it top. in 2017, it was December close to $20k, and in 2021, it was November, $69k.

So in the current bull run, it's a question what will be the ATH, conservative estimates is around $100k-$150k. But we will see, no one can see the future, what we are hearing are just pure speculation and wild educated guesses.

hatshepsut93

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There are two terms - ATH and peak of a cycle, and most people use them interchangeably, but it's wrong, because they are not the same. ATH is just the highest price up until the current moment. And peak of a cycle is the highest price of a market cycle, after which came the crash. For some time period after the crash these two terms refer to the same price point, but eventually the price recovers as it enters a new cycle, and then it becomes wrong to refer to the past price peaks as "ATH".

So, it's confusing to say "2013 ATH", "2017 ATH", "2021 ATH". Just say "peak".

Currently 72k is the ATH, but it's most likely not a peak of the bull cycle. You can call it a peak of the local bull trend, but that is only if you are analyzing very short term trends.

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Quote from: JiiBs on April 18, 2024, 06:52:18 AM

So, exactly when can we have declare an ATH to be?
Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!

From the word itself - All-Time-High - simply means the highest price of Bitcoin in the market, no matter how many times it breaks it, the highest recorded selling price will always be recorded as ATH. Does it concern you if Bitcoin has broken so many recorded ATH? It does not concern me because it is natural for a highly volatile market to record many ATH while it uptrends. Besides, Bitcoin is still in the process of adoption so it is to be observed that Bitcoin will increase its price as the number of people and institutions participating in the Bitcoin economy increase.

The only scenario where the market stops breaking its ATH is when it reaches its peak and can no longer grow in price.

crwth

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It's pretty easy, just get the highest one. And if it breaks, it's now the one that breaks it. There's nothing too much about it really, it's just that it reached a higher high. There's nothing else. There's only one current ATH and the previous one would be called "old ATH". It has been an ATH but not the current ATH. What's so hard to understand about that?

goaldigger

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Quote from: JiiBs on April 18, 2024, 06:52:18 AM

So, exactly when can we have declare an ATH to be?
Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!

Every time you see the price broke its previous peak, then you can consider that as the new ATH but of course it can still pump above that.
We can only know the final peak once the bull trend is over, but right now there's still a big chance for another peak so it's hard to tell if we already reach the all time high because the bull trend is still here. Just try to analyze the price trend and the chart so you can know when to take profit and when to buy to avoid being trap at the peak price.

Topic: When do we really note it for Bitcoin ATH - page 2. (Read 409 times)