Bitcoin makes new ATH. More ATHs to come shortly. - page 5.

Jating

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Quote from: Silberman on November 14, 2021, 11:41:10 AM

Quote from: ice18 on November 11, 2021, 12:09:32 AM

Just always remember that every bitcoin price correction is an opportunity to buy. I you don't know exactly how low btc will correct, a DCA strategy always work. This bull market is very unpredictable/volatile but if we keep this momentum, we will see a 6 digit bitcoin price very soon.

While true and at the same time this seems like the right strategy this is not the way the majority of the people see it, most newbies that enter the market are not interested in holding their coins for the long term, they want profits and they want them as quickly as possible so they prefer to trade the markets and do so with extreme leverage, so any small correction can be big enough to wipe them out, not realizing that a dip can be a reason to be happy as you can get in bitcoin for a cheaper price than the majority of those which enter the market during that time frame.

Regardless though, this noobs will have to learn it the hard way, if they think this market is a get rich quick scheme, then they will be on a rude awakening if they put all their funds on bitcoin and trade and be wipe out. Very hard and expensive lessons for them.

So it's either they totally quit and blame the market for their lost, or learn from their mistakes, be mentally tough, learn to buy at dip and then just simply be a long term holder, and wait for the next all time high, it's their choice.

Silberman

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Quote from: ice18 on November 11, 2021, 12:09:32 AM

Just always remember that every bitcoin price correction is an opportunity to buy. I you don't know exactly how low btc will correct, a DCA strategy always work. This bull market is very unpredictable/volatile but if we keep this momentum, we will see a 6 digit bitcoin price very soon.

While true and at the same time this seems like the right strategy this is not the way the majority of the people see it, most newbies that enter the market are not interested in holding their coins for the long term, they want profits and they want them as quickly as possible so they prefer to trade the markets and do so with extreme leverage, so any small correction can be big enough to wipe them out, not realizing that a dip can be a reason to be happy as you can get in bitcoin for a cheaper price than the majority of those which enter the market during that time frame.

Lucius

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Quote from: buwaytress on November 11, 2021, 01:34:29 AM

Tell you what, 100k by end of 2021 is still a heck lot more plausible than Santarina sitting me on her lap and asking if I've been a good boy. Yes, even with this current "dip" right now.

If there's one thing I've learned all these years when it comes to Bitcoin, it's that nothing is impossible - when you least expect something, that's when it happens. The only question is who or what should be the deciding factor that would make a big boom.

Quote from: buwaytress on November 11, 2021, 01:34:29 AM

I absolutely remember Dec 2017. I would really not like a repeat, though. 100k by the end, in a series of weekly highs, followed by a good half more year of slow swells, and then a more relaxed return to, say, 50(?), where it plays for a few more years.

While I personally wouldn’t like another long crypto winter, there are those who want it and hope to be able to buy BTC and many altcoins again at 50% and lower prices - whether it’s those who just want to profit again, or those who want to invest for the first time and feel that crypto prices are simply too high.

Quote from: buwaytress on November 11, 2021, 01:34:29 AM

Since I'm recounting my life-long Christmas wish, I might also win a nice lottery or two and swagger into an OTC office and plonk an order down.

It would be a real Christmas miracle to win the lottery, here in the EU we have a Eurojackpot whose winnings are at least 10 million EUR, the only thing is that the tax (at least in my country) is only 30% - but although heavy-hearted, I would pay that too, just to draw my lucky numbers. Then I would buy a lot of BTC and enjoy the rest of my life on a private island away from the viruses and all the bad things of the modern world Wink

buwaytress

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Quote from: Lucius on November 10, 2021, 10:30:26 AM

Have a little faith, because we are still approaching the month when beautiful things happen (of course, if you believe in Santa Claus🎅) - and if you remember the end of 2017, who then believed that the price in December would double?

Tell you what, 100k by end of 2021 is still a heck lot more plausible than Santarina sitting me on her lap and asking if I've been a good boy. Yes, even with this current "dip" right now.

I absolutely remember Dec 2017. I would really not like a repeat, though. 100k by the end, in a series of weekly highs, followed by a good half more year of slow swells, and then a more relaxed return to, say, 50(?), where it plays for a few more years.

Since I'm recounting my life-long Christmas wish, I might also win a nice lottery or two and swagger into an OTC office and plonk an order down.

peter0425

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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.

69k is the most but did not carry to make it to 70k in which now the new target for climb.

100k is getting harder and harder to achieve , i though the run will take at least 75k before correction but did not go that way.

Quote from: ice18 on November 11, 2021, 12:09:32 AM

Just always remember that every bitcoin price correction is an opportunity to buy. I you don't know exactly how low btc will correct, a DCA strategy always work. This bull market is very unpredictable/volatile but if we keep this momentum, we will see a 6 digit bitcoin price very soon.

I did not manage to sell my bitcoin instead what i did is sold 3 of my altcoins and now planning to re buy.

though there are only 5% drop i am waiting for at least 10-15 before taking chance.

ice18

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Just always remember that every bitcoin price correction is an opportunity to buy. I you don't know exactly how low btc will correct, a DCA strategy always work. This bull market is very unpredictable/volatile but if we keep this momentum, we will see a 6 digit bitcoin price very soon.

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Quote from: GreatArkansas on November 10, 2021, 07:02:45 PM

I am feeling again what happened last all-time high a few months ago, after creating an all-time high, huge dump after. Just like what happened a few hours ago, but for me, it's just a pullback.
There are still lot of people for $100k Bitcoin this year, I am worried if Bitcoin could not reach it, could be a lot of people be disappointed and start selling?

I was surprised to see a dump again, I thought it will still maintain that price range range. And then the correction happen to early and now the price is around $64,000-$65,000, still a far cry from what we are supposed to expect this month, at least $80,000.

So again, we are back from where we are this month, so it will take a lot of money to push it around this November and yeah, maybe the expected 6 digits will not happen, but we will see, we all know that Bitcoin pulls a lot of surprises specially at the end of the year.

GreatArkansas

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I am feeling again what happened last all-time high a few months ago, after creating an all-time high, huge dump after. Just like what happened a few hours ago, but for me, it's just a pullback.
There are still lot of people for $100k Bitcoin this year, I am worried if Bitcoin could not reach it, could be a lot of people be disappointed and start selling?

STT

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Could be a year before another ATH we dont know yet. I dont think its passed higher with confidence just yet so waiting for a better launch tbh
A failed break higher would be taken as a bearish sign with most assets but with BTC being so volatile its hard to be sure. Still its better to wait for a regular observable gains then just hope or assume we do get ATH, long term I'd agree but longer term the pattern is more assured then just recently.

Shasha80

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Quote from: Woodie on November 10, 2021, 12:31:23 PM

there seems to be some momentum left with bitcoin, which means a new all time high is still in the pipeline... possibly we could be seeing a crossover of 75,000 dollars before the year ends which isn't far by the way. And as per tradition when bitcoin is bullish and posting new ATH its expected that altcoins will ride this bullish wave and post some new numbers but unfortunately all time highs could mean a sell off for some of these projects which will soon be tanking.

It just created a new ATH days ago, so there’s still a high possibility that we can reach $70k before the Month end. With regards to altcoins, they really have to take advantage of this while Bitcoin is still not moving upward again, I mean it is still on the sideways so those altcoins can have time to grow as well to catch up with Bitcoin. The whole market is still on bull trend, better to have good projects now.

About 8 hours ago Bitcoin hit new ATH again at $68,789. This is absolutely incredible, and the price of $70k will soon be reached. I predict maybe
next week Bitcoin can reach the price of $ 70k, I am very happy Bitcoin continues to rise in price, so it's getting closer to the target price of $100k
which I predicted earlier. Regarding altcoins, it seems that they have started to move up following the Bitcoin price as well, so the market is very
positive right now, I agree we should hold some potential projects. So in the future we can generate large profits. Besides Bitcoin I am also
currently holding several top altcoins, I hope by the end of this year I can enjoy a big profit.

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Quote from: justdimin on November 10, 2021, 04:05:24 PM

Quote from: davis196 on November 10, 2021, 06:54:57 AM

More like 70K,but there will be a price correction after that.100K should be expected in the next years,unless the global "powers that be" decide to ban Bitcoin for some reason.
Now is the time to relax and enjoy the bull run.
I really hope that Elon Musk will shut up and decide not to troll over Bitcoin,like he did during the spring.
China is no longer a FUD factor,so there's nothing to expect from the Chinese Communist Party or the People's Bank of China.
I also hope that the Biden administration and the Federal Reserve won't cause any FUD,at least until the end of this year.

That is the problem with most traders and investors. People aim for too high when we are not even there, and then they get upset when it doesn't happen quick enough. I can almost guarantee that the price will be 100k one day, I am not saying it will be soon, but eventually it will happen and we all know this.

However, when we haven't even broken 70k, why would anyone aim at reaching to 100k? This is something I have been trying to talk about many many times so far and for some reason I do not understand why people keep ignoring it. I get that it may not be something that is hype worthy, I mean why would you get hyped about 67k to 70k? It is a small increase, but 67k to 100k is worthy of hype so I get it. However just because it is something you get hyped about doesn't mean that it is reasonable and realistic, first focus on the things in front of you.

My prediction of 70k in May did not come true last May.

It has still not come true. So yeah I will be very patient till my “70k jinx” is broken

justdimin

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Quote from: davis196 on November 10, 2021, 06:54:57 AM

More like 70K,but there will be a price correction after that.100K should be expected in the next years,unless the global "powers that be" decide to ban Bitcoin for some reason.
Now is the time to relax and enjoy the bull run.
I really hope that Elon Musk will shut up and decide not to troll over Bitcoin,like he did during the spring.
China is no longer a FUD factor,so there's nothing to expect from the Chinese Communist Party or the People's Bank of China.
I also hope that the Biden administration and the Federal Reserve won't cause any FUD,at least until the end of this year.

That is the problem with most traders and investors. People aim for too high when we are not even there, and then they get upset when it doesn't happen quick enough. I can almost guarantee that the price will be 100k one day, I am not saying it will be soon, but eventually it will happen and we all know this.

However, when we haven't even broken 70k, why would anyone aim at reaching to 100k? This is something I have been trying to talk about many many times so far and for some reason I do not understand why people keep ignoring it. I get that it may not be something that is hype worthy, I mean why would you get hyped about 67k to 70k? It is a small increase, but 67k to 100k is worthy of hype so I get it. However just because it is something you get hyped about doesn't mean that it is reasonable and realistic, first focus on the things in front of you.

Woodie

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there seems to be some momentum left with bitcoin, which means a new all time high is still in the pipeline... possibly we could be seeing a crossover of 75,000 dollars before the year ends which isn't far by the way. And as per tradition when bitcoin is bullish and posting new ATH its expected that altcoins will ride this bullish wave and post some new numbers but unfortunately all time highs could mean a sell off for some of these projects which will soon be tanking.

Silberman

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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.

Bitcoin is like always defying the mainstream economists that were saying the price was creating a double top and then it will go down in price, the truth is that bitcoin will most likely reach 6 figures by the end of this year, the hype is simply too strong and the bulls are going to keep pushing the price that high, now it is going to be difficult to maintain such a huge price as a lot of people will want to sell at that point but I think we will at least see that price for a few days before it goes down in value.

Lucius

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Quote from: davis196 on November 10, 2021, 06:54:57 AM

Nope.More like 70K,but there will be a price correction after that.100K should be expected in the next years,unless the global "powers that be" decide to ban Bitcoin for some reason.

Have a little faith, because we are still approaching the month when beautiful things happen (of course, if you believe in Santa Claus🎅) - and if you remember the end of 2017, who then believed that the price in December would double?

I don't believe that $70k is any psychological limit in any way different from $60k, so it's possible that it will be broken much easier than it seems at the moment. The WO reports that the price on Bitstamp has touched $69k, and it is a bit illogical for me to stay here where we are now for the next 50 days - for me personally it doesn't matter if the price reaches $100k by the end of the year, but it would be nice for that to happen because a lot of people are hoping for that.

davis196

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Quote

$100,000 is now in clear sight.

Nope.More like 70K,but there will be a price correction after that.100K should be expected in the next years,unless the global "powers that be" decide to ban Bitcoin for some reason.
Now is the time to relax and enjoy the bull run.
I really hope that Elon Musk will shut up and decide not to troll over Bitcoin,like he did during the spring.
China is no longer a FUD factor,so there's nothing to expect from the Chinese Communist Party or the People's Bank of China.
I also hope that the Biden administration and the Federal Reserve won't cause any FUD,at least until the end of this year.

darkangelosme

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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.

We not be surprised if bitcoin will reach 100,000 every year it is increasing that's why we must buy some bitcoin now when it is not so expensive and so that we can gain our profit in the next 5 year, it is already proven that bitcoin is increasing year by year.

milewilda

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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.

charted a new peak at $68,600 (on Bitstamp).
https://cryptopotato.com/bitcoin-touched-68600-for-its-new-ath-cardano-soars-12-market-watch/

So it did touch up 68k price point and i wont be surprised if it would tend to break 70k price out of this year but lets just take a pinch of salt in regarding on this one yet its really hard to make out conclusions.Its really good to see on what we are achieving as of this moment.
Price had soared up even though there were no breakouts of resitances on 10k increment but at least we are seeing some
testings.

btc_angela

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Quote from: Reid on November 09, 2021, 05:09:48 AM

Me, me, me... "Hands raising supporting the next ATH" Grin

I am glad I stayed in this path. No regrets.
Reminiscing the first time I saw someone regretful about buying Bitcoin then posted it in a streaming service. He was banging the ATM while he only invested in it for a month. I think the price back then was $600 and then it fell to $400 so he withdrew it all.
A bit curious how is he feeling right now.

Yeah, no regrets for us, it was the path that we took and we are glad that we stayed through it, thru thick and thin and now that we are seeing our big rewards.
Yet, this is not the final ATH that we wanted to see, we wanted more, 6 digits.
So let's wait up to the end of the month for sure we may be close to $100k by that time. So remain a HODLer, don't celebrate too early.

yhiaali3

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I am fully convinced that this last ATH will not exist for a long period of time, Bitcoin breaks every time its previous high and reaches a new high and this will definitely not be the last, I expected (in a prediction thread here on the forum several months ago) that Bitcoin would reach The price of 73,500$ is on December 7th but looking at the current bitcoin price I think it will cross that number well before December and for sure we will see 100K$ before the end of this year. This wouldn't surprise me at all.

Topic: Bitcoin makes new ATH. More ATHs to come shortly. - page 5. (Read 733 times)