Bitcoin makes new ATH. More ATHs to come shortly.

Fundamentals Of

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Quote from: goinmerry on December 19, 2021, 06:50:09 PM

Quote from: Rasa nanas on December 19, 2021, 06:37:39 PM

bitcoin prices are not always in a bullish phase, sometimes bitcoin prices are also in a bearish phase because this is part of the bitcoin price cycle. bitcoin has been in a bullish phase since early 2021 and entered a bearish phase in the middle of the year, not long after that bitcoin price recovered and bitcoin was in a bullish phase again. I think it's only natural that before the end of the year bitcoin begins to enter a bearish phase again, I just hope the bitcoin price recovers quickly like in the middle of 2021.

It's really usual to see that some people don't like the bear trend where in fact it's a good opportunity to get a much lower price. They didn't realize that without a bear trend, it's no choice but to buy at a much higher price.

There are also people that are worried about the bearish trend without realizing how much growth bitcoin did since the bullish trend started.

If they can't stand the $1,000 price dip, they don't qualify for its moon price. Well, kidding.

No, you should not be kidding. In fact, these bear weeks are necessary for those exact same people, those who are not deserving of Bitcoin's moon price. If you cannot hodl Bitcoin in the face of a thousand dollar red candle, how could you be deserving of Bitcoin's $5,000-long green candle?

That is why I admire the bull-bear cycles because they shake the undeserving off from the community. If they continue to hodl in the bear days, they pass the test. If they sell, they fail and will learn lessons and perhaps regret and will try again next time. That means they will buy Bitcoin at a higher price.

goinmerry

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Quote from: Rasa nanas on December 19, 2021, 06:37:39 PM

bitcoin prices are not always in a bullish phase, sometimes bitcoin prices are also in a bearish phase because this is part of the bitcoin price cycle. bitcoin has been in a bullish phase since early 2021 and entered a bearish phase in the middle of the year, not long after that bitcoin price recovered and bitcoin was in a bullish phase again. I think it's only natural that before the end of the year bitcoin begins to enter a bearish phase again, I just hope the bitcoin price recovers quickly like in the middle of 2021.

It's really usual to see that some people don't like the bear trend where in fact it's a good opportunity to get a much lower price. They didn't realize that without a bear trend, it's no choice but to buy at a much higher price.

There are also people that are worried about the bearish trend without realizing how much growth bitcoin did since the bullish trend started.

If they can't stand the $1,000 price dip, they don't qualify for its moon price. Well, kidding.

Rasa nanas

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Quote from: StreakW on December 16, 2021, 03:01:59 AM

The month of December started off with a bad mood in the crypto market, the price of bitcoin experienced a very sharp decline after setting a new ATH record at the level of $67k. Therefore, towards the end of 2021, bitcoin is difficult to reach its target price of $100,000.

bitcoin prices are not always in a bullish phase, sometimes bitcoin prices are also in a bearish phase because this is part of the bitcoin price cycle. bitcoin has been in a bullish phase since early 2021 and entered a bearish phase in the middle of the year, not long after that bitcoin price recovered and bitcoin was in a bullish phase again. I think it's only natural that before the end of the year bitcoin begins to enter a bearish phase again, I just hope the bitcoin price recovers quickly like in the middle of 2021.

redsun114

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Quote from: Lmaooo on December 18, 2021, 06:56:32 PM

in 2022 we are expecting the bitcoin price to make more new all-time highs. if we look back at this year 2021 we witnessed the bitcoin price making several new all-time highs and we hope to see more in the future because the bitcoin bull market is not yet over. if the bitcoin price can manage to do at least 4x before the end of 2022 we will see bitcoin price at $200,000+ which is going to be a very good year for bitcoin if that happened indeed!

I am not sure about 4x at all, I am not saying that it can't do that, of course it could reach 200k and even more because there is technically no limit to what bitcoin could become, and 200k is not really that impossible, it is a simple 4x and in bitcoin world that is not a lot.

I am only saying, bitcoin first needs to reach 100k and that seems like a tough challenge all by itself, I am not sure how easy that will be, maybe we will need a full on year to just pass 100k and stay above that, which is the hardest part. We could always do 200k+ and more after 2022 ends, we just need to calm down and hope for the best and break the ATH we have right now and stay above 100k by the time new year ends.

xmonkeyx

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in this year Bitcoin has reached new ATH twice and after reaching ATH the price of Bitcoin is not corrected too deep so I always think about 100k price prediction for Bitcoin is not just a dream.
currently bearish market is happening I believe this will not last long as it has happened in the past the market will always recover. hopefully early next year we will again see a new ATH for Bitcoin.

Lmaooo

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Quote from: Quidat on December 15, 2021, 06:13:52 PM

Quote from: rahmatrf331 on December 02, 2021, 10:18:09 PM

Quote from: Quidat on December 02, 2021, 05:42:19 PM

Quote from: 2double0 on December 02, 2021, 05:22:52 PM

Quote from: Jating on December 01, 2021, 05:43:18 PM

But also the effects of the new covid-19 strain which really put a dent to all financial markets around the world. Maybe the critics of S2F modelling are now mocking it because we are far from it's prediction of 6 digits at the end of the year, maybe because it didn't take into account this kind of events (mt. Gox and then Omicron strain). But it is what is it, bitcoin is very volatile but it's good if we are going to end around $60k-$70k at least.

Nobody knew the unexpected events such as Omicron coming back in our lives as a new variant, while vastly making it impossible for everybody to go out and freely do what they want to do, and this will also let the markets fall once again after omicron gets detected all over the company.

Really hard to go straightforward if we do see these events that do affect globally then we could really presume out that the market could possibly fall which it is something a big probability to happen but these fundamentals doesnt really mean that we would crash but
to see on perspective on which this could again affect world economic state and since we are dealing with market
then its undeniable that it could make out some effect.

negative issues made hopes of a new ATH vanish in December this year. Everyone's hope of breaking through to the highest price became the latest dream for novice investors which was not achieved. today the price of bitcoin is back to $56k already down from before the price of $57k.

We should know and be aware off that current ATH's didnt really happen on month of December. Why people do always keep on telling about last months of the year? For sure it would really be changed again once we do able to fail on having significant movement on month
of December on last year.Those impressions would really be changed and we would really be hoping orwaiting on mid year for sure.
It is just we cant really forget into those events that happened that give out that unforgetabble moments.

Yes, in 2022 we are expecting the bitcoin price to make more new all-time highs. if we look back at this year 2021 we witnessed the bitcoin price making several new all-time highs and we hope to see more in the future because the bitcoin bull market is not yet over. if the bitcoin price can manage to do at least 4x before the end of 2022 we will see bitcoin price at $200,000+ which is going to be a very good year for bitcoin if that happened indeed!

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The month of December started off with a bad mood in the crypto market, the price of bitcoin experienced a very sharp decline after setting a new ATH record at the level of $67k. Therefore, towards the end of 2021, bitcoin is difficult to reach its target price of $100,000.

goinmerry

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Quote from: freedomgo on December 02, 2021, 05:48:39 PM

With the arrival of Omicron, it will be expected that most of the economies will be down due to temporary closures of non essential big and small establishments. With this, countries will be unproductive again. And crypto market is not an exception either. I think the present correction will last until Omicron will set in. But as expected, crypto will definitely recover and bitcoin will continue to reach its new heights again. And we will be expecting again that before 2021 ends, we will finally see a bull run before the crypto changes its cycle for another bear season and maybe it will happen early next year.

Omicron or any future variants won't have any impact on the crypto market. Just looked at almost 2 weeks' performance since you posted this.

The recent dip has nothing to do with the Omicron variant where the world is already ready and prepared. Back in the peak of Covid-19 last year, where all are unaware and don't have any idea how to battle the virus, the crypto market is become the only performing industry better than any other major industry. Major assets and commodities are all down kissing their respective bottom floor but crypto, especially Bitcoin even established an All-Time high since then.

That proves that whatever variant will appear in the near future as medical experts say, the virus is mutating, Bitcoin won't be affected much.

Kemarit

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^^ It's because if you look at the historical past, December seems to be a good month to se the price spiking at a high levels.

And that's why everyone is expecting a good pump in 2021, after all there is a prediction that we will hit at least $100,000 at the end of the year.

But expectations and reality are different, we barely hits $50,000 this December so it's hard to see that 6 digits in 2021. But it's not over yet, we still have next year so try and see if the predictions will come true or not.

Quidat

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Quote from: rahmatrf331 on December 02, 2021, 10:18:09 PM

Quote from: Quidat on December 02, 2021, 05:42:19 PM

Quote from: 2double0 on December 02, 2021, 05:22:52 PM

Quote from: Jating on December 01, 2021, 05:43:18 PM

But also the effects of the new covid-19 strain which really put a dent to all financial markets around the world. Maybe the critics of S2F modelling are now mocking it because we are far from it's prediction of 6 digits at the end of the year, maybe because it didn't take into account this kind of events (mt. Gox and then Omicron strain). But it is what is it, bitcoin is very volatile but it's good if we are going to end around $60k-$70k at least.

Nobody knew the unexpected events such as Omicron coming back in our lives as a new variant, while vastly making it impossible for everybody to go out and freely do what they want to do, and this will also let the markets fall once again after omicron gets detected all over the company.

Really hard to go straightforward if we do see these events that do affect globally then we could really presume out that the market could possibly fall which it is something a big probability to happen but these fundamentals doesnt really mean that we would crash but
to see on perspective on which this could again affect world economic state and since we are dealing with market
then its undeniable that it could make out some effect.

negative issues made hopes of a new ATH vanish in December this year. Everyone's hope of breaking through to the highest price became the latest dream for novice investors which was not achieved. today the price of bitcoin is back to $56k already down from before the price of $57k.

We should know and be aware off that current ATH's didnt really happen on month of December. Why people do always keep on telling about last months of the year? For sure it would really be changed again once we do able to fail on having significant movement on month
of December on last year.Those impressions would really be changed and we would really be hoping orwaiting on mid year for sure.
It is just we cant really forget into those events that happened that give out that unforgetabble moments.

jaberwock

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Quote from: junmisakiro on December 15, 2021, 08:28:06 AM

I think it's only natural that many people start to lose confidence in holding Bitcoin with the current market conditions that continue to decline. when the price has started to fall more than 50k as it is today a lot of speculation has started to appear about negative news about Bitcoin which makes it difficult to get back up in a fast time.
even people who have known Bitcoin for a long time also know that Bitcoin will recover and this has happened very often but the long time to wait is to become a fear so that the trust in holding it is currently decreasing.

I would guess that all the people who are making a big fuss over bitcoin becoming worse due to the fall is the people who would like to accumulate more from the cheap prices. I have to say it wasn't really that shocking to have a situation where price drops could be beneficial if you end up buying at those levels, or if you are a long term holder you will just simply ignore it.

Only people who should be worried are the people who think they are missing out on a great price point to enter bitcoin or any other crypto right now, otherwise I am 99% sure that everyone knows it will recover. Maybe it will recover in a day, maybe it will take a year but we all know it will recover, and that is good enough for us.

Oasisman

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Quote from: arufox on December 15, 2021, 07:21:25 AM

After bitcoin made ATH early last November, now the price of bitcoin continues to experience a very deep price correction. even the massive selling of bitcoin has dominated lately where the price is still stuck at the $47k-$49k level. With the current bearish conditions, it seems that bitcoin is getting more and more difficult to make a new ATH again until the end of December.

Why do we want to see another ATH after ATH? Obviously the market has been corrected, It is more dangerous If it keeps rising and rising, because It will have a huge possiblity to collapse and worse it'll dump again to where Bitcoin was a couple of years ago.
It's good to see corrections like this, It'll allow more retail and institutions to come and invest in crypto.
Nothing is wrong If Bitcoin doesn't make ATH by the end of this year. Nevertheless, the current price cycle is all normal.

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Quote from: asrinur on December 15, 2021, 06:09:09 AM

Quote from: Rengga Jati on December 03, 2021, 06:22:37 PM

Quote from: asrinur on December 03, 2021, 06:36:54 AM

Entering the end of 2021 the price of bitcoin is still experiencing a significant decline where the price is at the level of $56k, even dropping into the red area in the last few weeks.

True. In the last few weeks, we can see that Bitcoin continued decreasing quite significantly. Today, Bitcoin price already dropped around $52k, this is not a good sign for Bitcoin holders. If Bitcoin price continues to freefall below $50k, I am worried that most Bitcoin holders to lose their confidence waiting for the next pump. Finally, they will sell their Bitcoins and dump the prices instantly. In my humble opinion, this scenario seems possible to happen if most people are no longer trusting in the dream of $100k of BTC price this year.

Some people panic when the price of bitcoin falls freely, they even think the price crash like 2018 will return. But if people have been in crypto for a long time, they should never panic when they see the price of bitcoin in free fall because bitcoin has proven time and time again that it can overcome new obstacles. Even after the massive decline the price of bitcoin continued to rise to create a record ATH. therefore, the bitcoin price will soon go further ahead.

I think it's only natural that many people start to lose confidence in holding Bitcoin with the current market conditions that continue to decline. when the price has started to fall more than 50k as it is today a lot of speculation has started to appear about negative news about Bitcoin which makes it difficult to get back up in a fast time.
even people who have known Bitcoin for a long time also know that Bitcoin will recover and this has happened very often but the long time to wait is to become a fear so that the trust in holding it is currently decreasing.

arufox

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After bitcoin made ATH early last November, now the price of bitcoin continues to experience a very deep price correction. even the massive selling of bitcoin has dominated lately where the price is still stuck at the $47k-$49k level. With the current bearish conditions, it seems that bitcoin is getting more and more difficult to make a new ATH again until the end of December.

asrinur

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Quote from: Rengga Jati on December 03, 2021, 06:22:37 PM

Quote from: asrinur on December 03, 2021, 06:36:54 AM

Entering the end of 2021 the price of bitcoin is still experiencing a significant decline where the price is at the level of $56k, even dropping into the red area in the last few weeks.

True. In the last few weeks, we can see that Bitcoin continued decreasing quite significantly. Today, Bitcoin price already dropped around $52k, this is not a good sign for Bitcoin holders. If Bitcoin price continues to freefall below $50k, I am worried that most Bitcoin holders to lose their confidence waiting for the next pump. Finally, they will sell their Bitcoins and dump the prices instantly. In my humble opinion, this scenario seems possible to happen if most people are no longer trusting in the dream of $100k of BTC price this year.

Some people panic when the price of bitcoin falls freely, they even think the price crash like 2018 will return. But if people have been in crypto for a long time, they should never panic when they see the price of bitcoin in free fall because bitcoin has proven time and time again that it can overcome new obstacles. Even after the massive decline the price of bitcoin continued to rise to create a record ATH. therefore, the bitcoin price will soon go further ahead.

agustina2

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Quote from: dezoel on December 03, 2021, 04:44:14 PM

I do believe that there is a good chance we could reach to 100k, I do not care if it is having some hard time right now, it is expected to have a hard time right now because we have gone up so much. This is called a correction and it was bound to happen. Remember we were a bit under 30k, now we are over 55k+ that is the price we have to pay, sure we reached new ATH recently and it is sad to see the price going down but the reality is that we can't just let the price go up constantly, there are so many people who have profit selling and there are so many people panic selling as well.

So, just wait out this storm and eventually it will be 100k+ for sure. Maybe it won't be in 2021, but it will surely happen and that is why I am not worried at all. I can just wait as long as I have to, I waited out worse than this and then we will have another bull run.

That's the problem for most people nowadays. The target is too much. I know Bitcoin will reach $100,000 but let's not advance on that yet.

Let's just stay to something realistic for now. It's good that we are climbing slowly rather than reach another moon price within just a short period of time. Take it, easy mate. Bitcoin will reach $100,000 at the right time.

Rengga Jati

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Quote from: asrinur on December 03, 2021, 06:36:54 AM

Entering the end of 2021 the price of bitcoin is still experiencing a significant decline where the price is at the level of $56k, even dropping into the red area in the last few weeks.

True. In the last few weeks, we can see that Bitcoin continued decreasing quite significantly. Today, Bitcoin price already dropped around $52k, this is not a good sign for Bitcoin holders. If Bitcoin price continues to freefall below $50k, I am worried that most Bitcoin holders to lose their confidence waiting for the next pump. Finally, they will sell their Bitcoins and dump the prices instantly. In my humble opinion, this scenario seems possible to happen if most people are no longer trusting in the dream of $100k of BTC price this year.

bengsabeng

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Quote from: rahmatrf331 on December 02, 2021, 10:18:09 PM

negative issues made hopes of a new ATH vanish in December this year. Everyone's hope of breaking through to the highest price became the latest dream for novice investors which was not achieved. today the price of bitcoin is back to $56k already down from before the price of $57k.

That hope doesn't only come from new investors because many old investors also hope that bitcoin can break through the new ATH before the end of the year. that hope will continue because price increases do not always occur when at the end of the year, there are still many investors who believe that bitcoin prices in early 2022 will increase and reach new ATH.

dezoel

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I do believe that there is a good chance we could reach to 100k, I do not care if it is having some hard time right now, it is expected to have a hard time right now because we have gone up so much. This is called a correction and it was bound to happen. Remember we were a bit under 30k, now we are over 55k+ that is the price we have to pay, sure we reached new ATH recently and it is sad to see the price going down but the reality is that we can't just let the price go up constantly, there are so many people who have profit selling and there are so many people panic selling as well.

So, just wait out this storm and eventually it will be 100k+ for sure. Maybe it won't be in 2021, but it will surely happen and that is why I am not worried at all. I can just wait as long as I have to, I waited out worse than this and then we will have another bull run.

asrinur

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Quote from: Fundamentals Of on November 08, 2021, 08:44:19 PM

It's just around 20 days ago when Bitcoin reached its previous ATH which was $66,974.77. Just an hour ago, that ATH is already a piece of history as Bitcoin once again registered a new ATH. This time, the new ATH is $67,772.67.

Who else have the feeling that this very recent ATH will not be there for long?

$100,000 is now in clear sight. S2F might prove to be right once again.

I think bitcoin is having a hard time hitting its $100k price target anytime soon. Entering the end of 2021 the price of bitcoin is still experiencing a significant decline where the price is at the level of $56k, even dropping into the red area in the last few weeks. Therefore, the bitcoin price took a long time to get back up, let alone to reach the target price of $100k.

Topic: Bitcoin makes new ATH. More ATHs to come shortly. (Read 733 times)