Bitcoin's new All Time High (ATH) has been reached this year again (X2)

yohananaomi

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Bitcoin is full of surprised it reach all time high and maybe year 2022 will also a best time to invest because it is expected to reach above the past ATH. I think we need to buy today on cheap price than nothing I believe that 100k$ price will reachable next year. So grab the chance guys for good.

last year's achievement was beyond the predictions of all analysts who said that the end of the year will be able to reach $100K, but once again bitcoin corrected and even to get past $70K which is only an inch away can't be done until the end of this year. what now must be pursued first is to break through $70K and then determine another price because this price is very crucial and cannot be broken.

Hopefully this year (2022) will be the same as the year (2021) where the beginning was still correcting but after the next month it started to increase. whether bitcoin will be able to do? no and it's hard to predict apart from waiting for the end of January to see if bitcoin doesn't fall again, if it drops below $40K, it's certainly extraordinary and there are concerns that there will be a long correction.

onecall123

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Quote from: kawetsriyanto on December 29, 2021, 06:12:40 PM

Quote from: Jating on December 26, 2021, 08:43:55 AM

^^ It has a hard time breaking $50k because it is considered what we call mental barrier. But once we got over it, we can surely hit the next support level of $52k, so hopefully that will be the price before the end of the year. At least above $50k is already good. And we will not reach a new all time high. We should look forward next year, as we could still see a bull run and touch at least $100k as predicted. So let's see how it will pan out in the future.

A few days ago, Bitcoin price already achieved $52k again but cannot stay a long time. Today Bitcoin price dropped again below $50k, not sure how far this decline to continue. Looks like Bitcoin price is in the sideways phase, only moving around $45k - $52k. Honestly, I don't feel really good seeing this situation. If Bitcoin price fails to increase again to $60k, I suspect Bitcoin price to freefall and breaks $40k. Then, the real bearish season may come soon in the next year. Anyway, $100k seems only a dream, difficult to happen. Undecided

It's not a good feeling to see free-fall or a downward movement, but here we are again, facing the reality. Even if you are scared, it does not ensure the price won't change at all, but this is how markets work. Over $100 billion has been moved by whales, and the price of bitcoin is dropping.
When this is written, BTC is changing hands for $46,652. It is likely that the whales will pump it up again.

kawetsriyanto

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Quote from: Jating on December 26, 2021, 08:43:55 AM

^^ It has a hard time breaking $50k because it is considered what we call mental barrier. But once we got over it, we can surely hit the next support level of $52k, so hopefully that will be the price before the end of the year. At least above $50k is already good. And we will not reach a new all time high. We should look forward next year, as we could still see a bull run and touch at least $100k as predicted. So let's see how it will pan out in the future.

A few days ago, Bitcoin price already achieved $52k again but cannot stay a long time. Today Bitcoin price dropped again below $50k, not sure how far this decline to continue. Looks like Bitcoin price is in the sideways phase, only moving around $45k - $52k. Honestly, I don't feel really good seeing this situation. If Bitcoin price fails to increase again to $60k, I suspect Bitcoin price to freefall and breaks $40k. Then, the real bearish season may come soon in the next year. Anyway, $100k seems only a dream, difficult to happen. Undecided

Shasha80

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Quote from: michellee on December 26, 2021, 10:11:43 PM

Quote from: Shasha80 on December 26, 2021, 08:40:39 AM

Quote from: michellee on December 26, 2021, 03:08:38 AM

Quote from: TravelMug on December 25, 2021, 11:25:14 PM

Quote from: Rimueng on December 08, 2021, 11:17:15 AM

~

So we need to wait for a few days to see if the price can reach the new all-time high or not. But I agree that the bearish trend will come again, especially we already touched the new ATH a few months ago so the next year, we will still have two options between the bull run and the bear market. Of course, we want to see the bull run, but we can not deny if the bear run somehow appears in the market. We can only follow the trend while we can have a chance to buy back more for the potential coins.

In the last few days it has been seen that Bitcoin has started to rise again, but I doubt it will reach new ATH any time soon. Because it requires
a lot of positive news to help the Bitcoin price pump again, currently Bitcoin is still having a very difficult time returning to the ATH price.
It seems that quite a lot of people prefer to monitor Bitcoin movements first, no wonder Bitcoin previously had a hard time rising to the $50k price.
Hopefully the return of the Bitcoin price to $50k price is a sign that Bitcoin is going to be a bull run, because we all really hope to see another
bull run. Even though it turns out that Bitcoin is bearish again, there's no need to panic, we just hold the Bitcoin that we have, or it could be
an opportunity to buy more Bitcoin. There comes a time when Bitcoin will skyrocket, so stay patient if Bitcoin turns out to be moving not in our favor.

Maybe it will reach new ATH soon but who knows. We can only expect and wait for some time as we do not know have the right prediction about when the ATH comes. But after we see how bitcoin can move to a higher price, it is a big expectation that bitcoin will reach the new ATH. Besides of monitor bitcoin movements, it will be good if they can buy back for some satoshis to test the price. If they can have bought at a price now and suddenly, the price increase more some higher price, they will make a profit and sell it to take their profit. But that will depend on their strategy as we will not have the same strategy.

We all don't really know when the actual Bitcoin price will return to the ATH price, especially now that Bitcoin is still moving sideaway.
Even though when Bitcoin managed to rise to the price of $51k I was quite happy, it turned out that my pleasure was only temporary,
because now the price of Bitcoin is back below $50k again. What you say is true, why don't we try to buy Bitcoin today and try to make
short term trades to make a profit. For example we buy Bitcoin at a price of $47k-$48K, then we can sell it when Bitcoin reaches
a price of $50k-$51k. By doing that, the profit generated is very small, but if we do it repeatedly, we can accumulate the profit that we make
and finally we can also get a big profit. But a strategy like this is only for people who have time to monitor the market every day,
because it requires quick decision making.

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Quote from: Jating on December 26, 2021, 08:43:55 AM

^^ It has a hard time breaking $50k because it is considered what we call mental barrier. But once we got over it, we can surely hit the next support level of $52k, so hopefully that will be the price before the end of the year. At least above $50k is already good. And we will not reach a new all time high. We should look forward next year, as we could still see a bull run and touch at least $100k as predicted. So let's see how it will pan out in the future.

I think $50k is not a resistance line that is difficult for bitcoin to break like some time ago because yesterday the bitcoin price managed to break through $50k and there was no continuous price recovery because today the bitcoin price fell back below $50k. I think it's still very possible at the end of the year the bitcoin price will be above $50k because after a price decline there will usually be a price recovery.

Oasisman

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Quote from: cryptomaniac_xxx on December 26, 2021, 10:48:09 PM

Quote from: Jating on December 26, 2021, 08:43:55 AM

^^ It has a hard time breaking $50k because it is considered what we call mental barrier. But once we got over it, we can surely hit the next support level of $52k, so hopefully that will be the price before the end of the year. At least above $50k is already good. And we will not reach a new all time high. We should look forward next year, as we could still see a bull run and touch at least $100k as predicted. So let's see how it will pan out in the future.

$51k now, and right, hopefully we will see $52k soon so that we are at least for some time out of the ~$40k because that level is really critical for us because it can spell loom and doom for investors and thinks that we are really in a bear market. For $100k, still doable in my opinion, next year will be a big challenge and perhaps the market will become very bullish again in the first quarter and might push the price closer to it.

It's not even a bad price movement even If Bitcoin falls back below $50k. IMO, it's a more safer range for Btc as a consolidation period before the next coming of the new ATH towards $100k. It's better If we see slow progress than a sudden pump, because it will most likely to have a sudden dump caused by the retailers to sell once that milestone is reached.

cryptomaniac_xxx

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Quote from: Jating on December 26, 2021, 08:43:55 AM

^^ It has a hard time breaking $50k because it is considered what we call mental barrier. But once we got over it, we can surely hit the next support level of $52k, so hopefully that will be the price before the end of the year. At least above $50k is already good. And we will not reach a new all time high. We should look forward next year, as we could still see a bull run and touch at least $100k as predicted. So let's see how it will pan out in the future.

$51k now, and right, hopefully we will see $52k soon so that we are at least for some time out of the ~$40k because that level is really critical for us because it can spell loom and doom for investors and thinks that we are really in a bear market. For $100k, still doable in my opinion, next year will be a big challenge and perhaps the market will become very bullish again in the first quarter and might push the price closer to it.

michellee

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Quote from: Shasha80 on December 26, 2021, 08:40:39 AM

Quote from: michellee on December 26, 2021, 03:08:38 AM

Quote from: TravelMug on December 25, 2021, 11:25:14 PM

Quote from: Rimueng on December 08, 2021, 11:17:15 AM

From early October to November, the price of bitcoin continued to increase significantly. One of the triggers for the increase in the price of bitcoin is because many large investors have adopted bitcoin in their companies. The increase in bitcoin this time was also followed by altcoins that continued to strengthen such as ETH, BNB which continued to soar. Therefore, in the rest of the year whether bitcoin and altcoins will set new records again as the current market conditions seem to be experiencing a very deep price correction. We'll just have to wait until early next year.

Next year will really be the next gauge if we are going to touch new all time high again or not.

But for me, most likely it will be very difficult again, we might be entering a bearish trend for all we know. If the cycle repeats again, then it will be like 2018 in 2022 wherein it was really the start of the bear market that last for at least 3 years. So better brace ourselves for the imminent bear market and not anticipated another all time high in my opinion.

So we need to wait for a few days to see if the price can reach the new all-time high or not. But I agree that the bearish trend will come again, especially we already touched the new ATH a few months ago so the next year, we will still have two options between the bull run and the bear market. Of course, we want to see the bull run, but we can not deny if the bear run somehow appears in the market. We can only follow the trend while we can have a chance to buy back more for the potential coins.

In the last few days it has been seen that Bitcoin has started to rise again, but I doubt it will reach new ATH any time soon. Because it requires
a lot of positive news to help the Bitcoin price pump again, currently Bitcoin is still having a very difficult time returning to the ATH price.
It seems that quite a lot of people prefer to monitor Bitcoin movements first, no wonder Bitcoin previously had a hard time rising to the $50k price.
Hopefully the return of the Bitcoin price to $50k price is a sign that Bitcoin is going to be a bull run, because we all really hope to see another
bull run. Even though it turns out that Bitcoin is bearish again, there's no need to panic, we just hold the Bitcoin that we have, or it could be
an opportunity to buy more Bitcoin. There comes a time when Bitcoin will skyrocket, so stay patient if Bitcoin turns out to be moving not in our favor.

Maybe it will reach new ATH soon but who knows. We can only expect and wait for some time as we do not know have the right prediction about when the ATH comes. But after we see how bitcoin can move to a higher price, it is a big expectation that bitcoin will reach the new ATH. Besides of monitor bitcoin movements, it will be good if they can buy back for some satoshis to test the price. If they can have bought at a price now and suddenly, the price increase more some higher price, they will make a profit and sell it to take their profit. But that will depend on their strategy as we will not have the same strategy.

Jating

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^^ It has a hard time breaking $50k because it is considered what we call mental barrier. But once we got over it, we can surely hit the next support level of $52k, so hopefully that will be the price before the end of the year. At least above $50k is already good. And we will not reach a new all time high. We should look forward next year, as we could still see a bull run and touch at least $100k as predicted. So let's see how it will pan out in the future.

Shasha80

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Quote from: michellee on December 26, 2021, 03:08:38 AM

Quote from: TravelMug on December 25, 2021, 11:25:14 PM

Quote from: Rimueng on December 08, 2021, 11:17:15 AM

From early October to November, the price of bitcoin continued to increase significantly. One of the triggers for the increase in the price of bitcoin is because many large investors have adopted bitcoin in their companies. The increase in bitcoin this time was also followed by altcoins that continued to strengthen such as ETH, BNB which continued to soar. Therefore, in the rest of the year whether bitcoin and altcoins will set new records again as the current market conditions seem to be experiencing a very deep price correction. We'll just have to wait until early next year.

Next year will really be the next gauge if we are going to touch new all time high again or not.

But for me, most likely it will be very difficult again, we might be entering a bearish trend for all we know. If the cycle repeats again, then it will be like 2018 in 2022 wherein it was really the start of the bear market that last for at least 3 years. So better brace ourselves for the imminent bear market and not anticipated another all time high in my opinion.

So we need to wait for a few days to see if the price can reach the new all-time high or not. But I agree that the bearish trend will come again, especially we already touched the new ATH a few months ago so the next year, we will still have two options between the bull run and the bear market. Of course, we want to see the bull run, but we can not deny if the bear run somehow appears in the market. We can only follow the trend while we can have a chance to buy back more for the potential coins.

In the last few days it has been seen that Bitcoin has started to rise again, but I doubt it will reach new ATH any time soon. Because it requires
a lot of positive news to help the Bitcoin price pump again, currently Bitcoin is still having a very difficult time returning to the ATH price.
It seems that quite a lot of people prefer to monitor Bitcoin movements first, no wonder Bitcoin previously had a hard time rising to the $50k price.
Hopefully the return of the Bitcoin price to $50k price is a sign that Bitcoin is going to be a bull run, because we all really hope to see another
bull run. Even though it turns out that Bitcoin is bearish again, there's no need to panic, we just hold the Bitcoin that we have, or it could be
an opportunity to buy more Bitcoin. There comes a time when Bitcoin will skyrocket, so stay patient if Bitcoin turns out to be moving not in our favor.

michellee

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Quote from: TravelMug on December 25, 2021, 11:25:14 PM

Quote from: Rimueng on December 08, 2021, 11:17:15 AM

From early October to November, the price of bitcoin continued to increase significantly. One of the triggers for the increase in the price of bitcoin is because many large investors have adopted bitcoin in their companies. The increase in bitcoin this time was also followed by altcoins that continued to strengthen such as ETH, BNB which continued to soar. Therefore, in the rest of the year whether bitcoin and altcoins will set new records again as the current market conditions seem to be experiencing a very deep price correction. We'll just have to wait until early next year.

Next year will really be the next gauge if we are going to touch new all time high again or not.

But for me, most likely it will be very difficult again, we might be entering a bearish trend for all we know. If the cycle repeats again, then it will be like 2018 in 2022 wherein it was really the start of the bear market that last for at least 3 years. So better brace ourselves for the imminent bear market and not anticipated another all time high in my opinion.

So we need to wait for a few days to see if the price can reach the new all-time high or not. But I agree that the bearish trend will come again, especially we already touched the new ATH a few months ago so the next year, we will still have two options between the bull run and the bear market. Of course, we want to see the bull run, but we can not deny if the bear run somehow appears in the market. We can only follow the trend while we can have a chance to buy back more for the potential coins.

rodskee

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Quote from: rhomelmabini on November 11, 2021, 09:40:47 AM

Few days from now the Taproot activation will be realized, I wonder what could be the impact of it in the market. Will there be a drop even though we expect it by reaching a new all-time high at $69k or will it continues to rise because of this update? What's your thoughts to the possible price after Taproot activation?

A month and half after looks like the first option did happened and never break that 69,000 barricade as the price steps 60 one last time before subsiding below 40k and now stays at 47-51k as the year is almost done.
maybe we are just exaggerating and we did not anticipate the hindrances along the way climbing to that level.
so yes we may not see another ATH till mid of 2022 as the market is showing weaknesses .

TravelMug

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Quote from: Rimueng on December 08, 2021, 11:17:15 AM

From early October to November, the price of bitcoin continued to increase significantly. One of the triggers for the increase in the price of bitcoin is because many large investors have adopted bitcoin in their companies. The increase in bitcoin this time was also followed by altcoins that continued to strengthen such as ETH, BNB which continued to soar. Therefore, in the rest of the year whether bitcoin and altcoins will set new records again as the current market conditions seem to be experiencing a very deep price correction. We'll just have to wait until early next year.

Next year will really be the next gauge if we are going to touch new all time high again or not.

But for me, most likely it will be very difficult again, we might be entering a bearish trend for all we know. If the cycle repeats again, then it will be like 2018 in 2022 wherein it was really the start of the bear market that last for at least 3 years. So better brace ourselves for the imminent bear market and not anticipated another all time high in my opinion.

Rimueng

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From early October to November, the price of bitcoin continued to increase significantly. One of the triggers for the increase in the price of bitcoin is because many large investors have adopted bitcoin in their companies. The increase in bitcoin this time was also followed by altcoins that continued to strengthen such as ETH, BNB which continued to soar. Therefore, in the rest of the year whether bitcoin and altcoins will set new records again as the current market conditions seem to be experiencing a very deep price correction. We'll just have to wait until early next year.

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Quote from: Jating on November 11, 2021, 04:19:52 PM

Quote from: onecall123 on November 11, 2021, 11:19:37 AM

Quote from: Poker Player on November 11, 2021, 09:58:26 AM

Quote from: btc_angela on November 11, 2021, 08:26:05 AM

Now that he have reached a new all time high, but then again it was followed by a sell-off. Not surprised though, just the natural occurrence in this market, people sell at the top to make profits, simply as that.

That's how I read it. When we went back through the previous $20K ATH from December 2017 last year, there were two or three times when we got close to $20K, even passing it slightly and the price dropped again, until we managed to break the resistance clearly.

I think there has been mainly profit taking now, but that we will be back up again soon, and that the best is yet to come until the end of the year.

This is a period of profit-taking, but things will turn around soon. As I went through previous comments, I found that people thought that Bitcoin was dead and was going to crash. There was no possibility of it going that low. Now look at how much it has pumped. BTC has reached a new high recently and $70k is coming soon. It's possible that this bull run has been cut short due to a distinct difference. However, even 70k would be fantastic.

Is November/December going to be a high-flyer or will it dip a lot? There will be 100k next year if the cycles remain steady.

It there's something that history will tell us, November/December is a positive month for bitcoin. Even during the last bear cycle, we will see some occasional pumps, specially in December for profit taking. So what's more if we are in a great and super fast bull run right now. I'm not worried for those who sold to take it's profit, for sure they are going to buy again when the price is cheap and wait for the price to reach $70k-$80k again before doing the same. That's how it goes though, and I will be positive that we can even reach higher than that, maybe that 6 digits can be achieved this December or early 2022.

I think it's true that's there's still a lot of profit taking going on, mainly those who wished they had taken profits previously at $60K before price dropped in half, so without much knowledge of markets, Bitcoin's price movements or it's cycles, then there are many doing what they wish they had done early in the year. Unfortunately, completely unaware how the technical picture is very different to how it was 6+ months ago.

I also think the next level of considerable profit taking is more likely to occur in January 2022, as previously it was in December 2017, and before then November 2013.
Nov/Dec are often volatile months for Bitcoin, whether to the upside or the downside. Given the bull market continues, it simply seems more likely up than down.

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Quote from: awakpane on November 07, 2021, 12:09:50 PM

Quote from: Davian144 on October 19, 2021, 08:40:25 PM

I'm not surprised that Bitcoin has been able to surpass a new ATH again this year, which means Bitcoin has experienced twice ATH this year in different months with not so long duration, which is about 6 months(+ -), and this is lagging -again proving that Bitcoin continues to strengthen and is trusted by everyone, but what I'm surprised is that all the popular Altcoins in the market have not reached their new ATH after having reached it together with Bitcoin in the previous 6 months.
What do you think this is affected by ? so Altcoin looks very difficult to increase now

One of the factors that pushed bitcoin prices to reach new ATH was influenced by several market sentiments. One of them is a bitcoin trading ETF launched by a futures exchange fund. However, Historically, during a Bull market, the cryptocurrency market saw Bitcoin experience a rapid uptrend first. Then, Altcoins followed, after BTC reached ATH and this has started where some altcoins have started to show significant gains.

Unlike before on those previous years that bitcoins price do move out without any attached sentiments or news but now we could somewhat attached those events or things happened around even though its not that
unpredictable but at least we do already have the idea.

Unlike before that whenever price had reached out new ATH then theres always a tendency for some crash or huge correction but it didnt really happen on this year which bitcoin did really able
to break out new ATH 2x or even 3x as of this recent 68k ath.

Next ATH? No one knows if it would able to hit again as of this year or onto the next.

Jating

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Quote from: onecall123 on November 11, 2021, 11:19:37 AM

Quote from: Poker Player on November 11, 2021, 09:58:26 AM

Quote from: btc_angela on November 11, 2021, 08:26:05 AM

Now that he have reached a new all time high, but then again it was followed by a sell-off. Not surprised though, just the natural occurrence in this market, people sell at the top to make profits, simply as that.

That's how I read it. When we went back through the previous $20K ATH from December 2017 last year, there were two or three times when we got close to $20K, even passing it slightly and the price dropped again, until we managed to break the resistance clearly.

I think there has been mainly profit taking now, but that we will be back up again soon, and that the best is yet to come until the end of the year.

This is a period of profit-taking, but things will turn around soon. As I went through previous comments, I found that people thought that Bitcoin was dead and was going to crash. There was no possibility of it going that low. Now look at how much it has pumped. BTC has reached a new high recently and $70k is coming soon. It's possible that this bull run has been cut short due to a distinct difference. However, even 70k would be fantastic.

Is November/December going to be a high-flyer or will it dip a lot? There will be 100k next year if the cycles remain steady.

It there's something that history will tell us, November/December is a positive month for bitcoin. Even during the last bear cycle, we will see some occasional pumps, specially in December for profit taking. So what's more if we are in a great and super fast bull run right now. I'm not worried for those who sold to take it's profit, for sure they are going to buy again when the price is cheap and wait for the price to reach $70k-$80k again before doing the same. That's how it goes though, and I will be positive that we can even reach higher than that, maybe that 6 digits can be achieved this December or early 2022.

lixer

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Quote from: Poker Player on November 11, 2021, 09:58:26 AM

Quote from: btc_angela on November 11, 2021, 08:26:05 AM

Now that he have reached a new all time high, but then again it was followed by a sell-off. Not surprised though, just the natural occurrence in this market, people sell at the top to make profits, simply as that.

That's how I read it. When we went back through the previous $20K ATH from December 2017 last year, there were two or three times when we got close to $20K, even passing it slightly and the price dropped again, until we managed to break the resistance clearly.

I think there has been mainly profit taking now, but that we will be back up again soon, and that the best is yet to come until the end of the year.

That has been the case for 7+ years as far as I can remember, 2014 had a huge spike and then a fall, we are in 2021, so that’s 7 years. It probably happened before as well but I don't know, I haven't checked, I was here on 2014 and that’s the first increase and then correction that I have seen.

However, imagine a world when the price is 65k dollars and people say "it dropped", I mean I wouldn't even dream of 65k in my wildest dreams just few years ago, now we are considering it a low number and expecting it to go a lot higher. I do not think that we are in a huge bull run, those are the times when bitcoin does x10 and we are not there at all, yet it is still a good situation to be in right now, it is definitely going up, not a huge amount but it still broke the ATH again.

onecall123

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Quote from: Poker Player on November 11, 2021, 09:58:26 AM

Quote from: btc_angela on November 11, 2021, 08:26:05 AM

Now that he have reached a new all time high, but then again it was followed by a sell-off. Not surprised though, just the natural occurrence in this market, people sell at the top to make profits, simply as that.

That's how I read it. When we went back through the previous $20K ATH from December 2017 last year, there were two or three times when we got close to $20K, even passing it slightly and the price dropped again, until we managed to break the resistance clearly.

I think there has been mainly profit taking now, but that we will be back up again soon, and that the best is yet to come until the end of the year.

This is a period of profit-taking, but things will turn around soon. As I went through previous comments, I found that people thought that Bitcoin was dead and was going to crash. There was no possibility of it going that low. Now look at how much it has pumped. BTC has reached a new high recently and $70k is coming soon. It's possible that this bull run has been cut short due to a distinct difference. However, even 70k would be fantastic.

Is November/December going to be a high-flyer or will it dip a lot? There will be 100k next year if the cycles remain steady.

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Quote from: btc_angela on November 11, 2021, 08:26:05 AM

Now that he have reached a new all time high, but then again it was followed by a sell-off. Not surprised though, just the natural occurrence in this market, people sell at the top to make profits, simply as that.

That's how I read it. When we went back through the previous $20K ATH from December 2017 last year, there were two or three times when we got close to $20K, even passing it slightly and the price dropped again, until we managed to break the resistance clearly.

I think there has been mainly profit taking now, but that we will be back up again soon, and that the best is yet to come until the end of the year.

Topic: Bitcoin's new All Time High (ATH) has been reached this year again (X2) (Read 511 times)