Topic: Bitcoin's new All Time High (ATH) has been reached this year again (X2) - page 2. (Read 511 times)
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?
November 11, 2021, 08:26:05 AM
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.What do you think this is affected by ? so Altcoin looks very difficult to increase now
Forget about alt coins though, majority of them are just for pure pump and dump.
Yes, some of them could have their own bull run and even has a higher return that BTC, but they are more move volatile and risky. 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.
November 07, 2021, 12:09:50 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. What do you think this is affected by ? so Altcoin looks very difficult to increase now
November 07, 2021, 07:25:38 AM
Bitcoin's dominance is still within range, just like in the last bull run in 2017.
And I do agree, it's a prime mover so no doubt that everyone is on it since the beginning and I'm sure there still a lot of long term bagholders in this community.
And it is far more evident now that it become a safe haven and then become a hedge for companies in their balance sheet.
And I do agree, it's a prime mover so no doubt that everyone is on it since the beginning and I'm sure there still a lot of long term bagholders in this community.
And it is far more evident now that it become a safe haven and then become a hedge for companies in their balance sheet.
But we never know when the bull run will be over, just ensure a profit and you'll not worry going forward.
The previous bull run that was achieved in the year 2017 was around $20k, now we are trading at $60k that's after almost 4 years of a bearish market, so let's enjoy this moment as when the bearish market will come again, it might be long and that we have to wait for a new bull run to come again.
In any case though, this will be the first time that we will have a bearish market with that bitcoin narrative. So probably it could be different in 2022 or whatever bear market will come, or just the same with the 2018 and it's subsequent crash as we are still functioning well inside the 4 year cycle. Although I believed that there could be two super bullish cycle in the coming months.
November 03, 2021, 04:14:54 PM
Bitcoin's dominance is still within range, just like in the last bull run in 2017.
And I do agree, it's a prime mover so no doubt that everyone is on it since the beginning and I'm sure there still a lot of long term bagholders in this community.
And it is far more evident now that it become a safe haven and then become a hedge for companies in their balance sheet.
And I do agree, it's a prime mover so no doubt that everyone is on it since the beginning and I'm sure there still a lot of long term bagholders in this community.
And it is far more evident now that it become a safe haven and then become a hedge for companies in their balance sheet.
But we never know when the bull run will be over, just ensure a profit and you'll not worry going forward.
The previous bull run that was achieved in the year 2017 was around $20k, now we are trading at $60k that's after almost 4 years of a bearish market, so let's enjoy this moment as when the bearish market will come again, it might be long and that we have to wait for a new bull run to come again.
November 03, 2021, 02:43:54 AM
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
There are many reasons that influence bitcoin to reach new ATH twice a year, but the most basic is how investors play the market to make bitcoin continue to rise without stopping, this condition is what they continue to take advantage of to make bitcoin more valuable, but there will come a time when they make bitcoin drops at a price below normal, that's when they take advantage of large purchases of bitcoin, unlike the popular altcoins in the market, they will not be able to reach bitcoin like twice a year.What do you think this is affected by ? so Altcoin looks very difficult to increase now
Because the price of Bitcoin moves based on supply and demand, of course the strongest reason why Bitcoin can reach new ATH twice is that
more and more new people are buying Bitcoin, while the supply of Bitcoin is limited. Maybe after Bitcoin hit its first new ATH price of the year,
Bitcoin is getting hype and more and more people are FOMO, finally Bitcoin can reach its second new ATH. There is even a possibility that Bitcoin
could reach another new ATH price before the end of the year. Because Bitcoin's performance this year has been extraordinary, Bitcoin has proven
that it is the most profitable compared to other assets. So it's not only ordinary people who start investing in Bitcoin, even many institutions decide
to invest in Bitcoin this year as well. This positive trend eventually continued to push the Bitcoin price up, then related to the price of altcoins
not reaching new ATH twice like Bitcoin, That's because many investors are focused on investing in Bitcoin, which dominates the market. So altcoins
are having a bit of a hard time going up right now, but don't worry for popular altcoins will definitely go up, but indeed we have to be patient waiting
for altcoins to rise to reach new ATH.
November 02, 2021, 09:09:55 PM
As expectations, we are looking for 6 digits at least. It might be too high of a expectation, but we all know how Bitcoin's bull run it, there's a lot of FOMO and no body can really stop it, not FUD. And what's more if we have a lot of good news next month like Taproot and ETF. So still the future looks bright and let's wait what December will bring to us.
Every four cycle bitcoin gets 10x rising which means we may get into 6 digits this year but I am afraid of what are the consequences of pandemic going to influence into current bitcoin's four year cycle. I mean pandemic and its consequences must be the biggest difference we have right now from the previous four year cycles of bitcoin. Probably people might allocate lesser fund than usual this time for bitcoin investment still considering the new investors (institutions and governments), I guess we may not experience any such differences.Of course, we can't go on parabolic rise, majority of us here knows that, sooner or later the bearish cycle will appear whether we like it or not. But as we have been in this crypto market and have seen the ups and downs, for sure we are going to be prepared again for this long crypto winter.
I agree bitcoin Taproot upgrade might be playing a big role how segwit activation played in 2017. We entered into November month still we are trading below to April's ATH. This month must be a crucial one to decide where we are going finish off this year.
Hopefully it will have enough push and it will be the catalyst for that 6 digits run that everyone is expecting. Yes, this last 2 months will be critical, but I'm leaning towards a positive end for this year.
November 01, 2021, 10:47:12 AM
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
There are many reasons that influence bitcoin to reach new ATH twice a year, but the most basic is how investors play the market to make bitcoin continue to rise without stopping, this condition is what they continue to take advantage of to make bitcoin more valuable, but there will come a time when they make bitcoin drops at a price below normal, that's when they take advantage of large purchases of bitcoin, unlike the popular altcoins in the market, they will not be able to reach bitcoin like twice a year. What do you think this is affected by ? so Altcoin looks very difficult to increase now
November 01, 2021, 09:34:08 AM
As expectations, we are looking for 6 digits at least. It might be too high of a expectation, but we all know how Bitcoin's bull run it, there's a lot of FOMO and no body can really stop it, not FUD. And what's more if we have a lot of good news next month like Taproot and ETF. So still the future looks bright and let's wait what December will bring to us.
Every four cycle bitcoin gets 10x rising which means we may get into 6 digits this year but I am afraid of what are the consequences of pandemic going to influence into current bitcoin's four year cycle. I mean pandemic and its consequences must be the biggest difference we have right now from the previous four year cycles of bitcoin. Probably people might allocate lesser fund than usual this time for bitcoin investment still considering the new investors (institutions and governments), I guess we may not experience any such differences.I agree bitcoin Taproot upgrade might be playing a big role how segwit activation played in 2017. We entered into November month still we are trading below to April's ATH. This month must be a crucial one to decide where we are going finish off this year.
October 31, 2021, 10:16:15 PM
The "new" ATH is basically the same as the old ATH from this year, which confirms an extremely bearish double top. All down hill from here
well the price came to $67000, this is new ATH and about to fall, I think you're wrong, the price is far from falling, as I said in the last post, with this ETF animation the price won't fall anytime soon, we have It is necessary to forget about this possibility so soon, it is enough to see that the price has reached the new ATH but has not yet fallen as much as it did in the past. this is a sign that it will still go up
October 31, 2021, 09:57:42 PM
The "new" ATH is basically the same as the old ATH from this year, which confirms an extremely bearish double top. All down hill from here
well the price came to $67000, this is new ATH and about to fall, I think you're wrong, the price is far from falling, as I said in the last post, with this ETF animation the price won't fall anytime soon, we have It is necessary to forget about this possibility so soon, it is enough to see that the price has reached the new ATH but has not yet fallen as much as it did in the past. this is a sign that it will still go up
And if you look at Bitcoin's past four cycle history, it's usually in December that we will see the final all time high of the year. So we still have two months to go to gauge how far this bull run will go. As expectations, we are looking for 6 digits at least. It might be too high of a expectation, but we all know how Bitcoin's bull run it, there's a lot of FOMO and no body can really stop it, not FUD. And what's more if we have a lot of good news next month like Taproot and ETF. So still the future looks bright and let's wait what December will bring to us.
October 31, 2021, 06:48:42 PM
The "new" ATH is basically the same as the old ATH from this year, which confirms an extremely bearish double top. All down hill from here
well the price came to $67000, this is new ATH and about to fall, I think you're wrong, the price is far from falling, as I said in the last post, with this ETF animation the price won't fall anytime soon, we have It is necessary to forget about this possibility so soon, it is enough to see that the price has reached the new ATH but has not yet fallen as much as it did in the past. this is a sign that it will still go up
The reason why it seems bitcoin is sustaining its price level because the positive news keeps on coming like the first approved btc ETF, and it is rumored, there will be more crypto-related ETFs that will be approved soon. Aside from that, the move of El Salvador to make btc as legal tender seems working. And won't be surprised if other countries will follow their crypto journey. And also, Mastercard announcing that their partner banks may soon add crypto services is also part of good news when it comes to adoption. So high likely that we will see a new ATH before this year ends, possibly in the 70k range.
October 31, 2021, 06:41:56 PM
The "new" ATH is basically the same as the old ATH from this year, which confirms an extremely bearish double top. All down hill from here
well the price came to $67000, this is new ATH and about to fall, I think you're wrong, the price is far from falling, as I said in the last post, with this ETF animation the price won't fall anytime soon, we have It is necessary to forget about this possibility so soon, it is enough to see that the price has reached the new ATH but has not yet fallen as much as it did in the past. this is a sign that it will still go up
October 31, 2021, 04:57:10 PM
Yes it has, and this utmost performance had cleared many people's doubting bitcoin of hitting 100k by year end. And for altcoins.. They surely will increase too as long as bitcoin stables.
October 31, 2021, 04:49:05 PM
Bitcoin is the only true store of value imho.
Its first mover advantage in the cryptospace is immense. People are recognising this now and putting money into bitcoin as a safe haven asset when they have made gains in other cryptos.
Definitely watch bitcoin dominance, as I think there is tremendous upside for that index even now.
Its first mover advantage in the cryptospace is immense. People are recognising this now and putting money into bitcoin as a safe haven asset when they have made gains in other cryptos.
Definitely watch bitcoin dominance, as I think there is tremendous upside for that index even now.
Bitcoin's dominance is still within range, just like in the last bull run in 2017.
And I do agree, it's a prime mover so no doubt that everyone is on it since the beginning and I'm sure there still a lot of long term bagholders in this community.
And it is far more evident now that it become a safe haven and then become a hedge for companies in their balance sheet.
But we never know when the bull run will be over, just ensure a profit and you'll not worry going forward.
The previous bull run that was achieved in the year 2017 was around $20k, now we are trading at $60k that's after almost 4 years of a bearish market, so let's enjoy this moment as when the bearish market will come again, it might be long and that we have to wait for a new bull run to come again.
October 31, 2021, 04:40:35 PM
The trust for Bitcoin and crypto currency at large has really increase over the year and the price increase is the evidence that the demand for Bitcoin is higher than the supply which has reflected in it's price in recent time no doubt. From all indication, Bitcoin will still see another ATH before the end of this year and there is no doubt about it.
October 31, 2021, 03:09:03 PM
Bitcoin is the only true store of value imho.
Its first mover advantage in the cryptospace is immense. People are recognising this now and putting money into bitcoin as a safe haven asset when they have made gains in other cryptos.
Definitely watch bitcoin dominance, as I think there is tremendous upside for that index even now.
Correct, even if bitcoin failed on its attempt to becoming a currency used widely all over the world, something that I do not believe it will happen but lets assume it just for the sake of argument, even then bitcoin could become incredibly successful as a store of value, if the majority of investors put 1% of their capital in bitcoin just in case things went wrong that will be more than enough for the price to skyrocket to massive levels. Its first mover advantage in the cryptospace is immense. People are recognising this now and putting money into bitcoin as a safe haven asset when they have made gains in other cryptos.
Definitely watch bitcoin dominance, as I think there is tremendous upside for that index even now.
October 30, 2021, 01:48:30 AM
Bitcoin is the only true store of value imho.
Its first mover advantage in the cryptospace is immense. People are recognising this now and putting money into bitcoin as a safe haven asset when they have made gains in other cryptos.
Definitely watch bitcoin dominance, as I think there is tremendous upside for that index even now.
Its first mover advantage in the cryptospace is immense. People are recognising this now and putting money into bitcoin as a safe haven asset when they have made gains in other cryptos.
Definitely watch bitcoin dominance, as I think there is tremendous upside for that index even now.
Bitcoin's dominance is still within range, just like in the last bull run in 2017.
And I do agree, it's a prime mover so no doubt that everyone is on it since the beginning and I'm sure there still a lot of long term bagholders in this community.
And it is far more evident now that it become a safe haven and then become a hedge for companies in their balance sheet.
October 29, 2021, 05:15:20 PM
You are responding to someone who is always bearish on Bitcoin. But Bitcoin doesn't care about people. It just continues to rise.
Simply because Bitcoin is down, it is already critical? Bitcoin corrects in the middle of bullish rallies. That's very normal.
Do you have something to prove that Bitcoin's price goes down before every year ends? I think you are wrong. December is generally a good month for Bitcoin. We will wait and see whether December 2021 is the same.
That is the thing about the increases and decreases. The moment you realize that it doesn't care about what you think about then we are going to make a lot more profit as well. Proudhon is not a bearish person but more like a joking person. He knows that bitcoin will go up, he just doesn't want to admit that because this is a lot more fun.Simply because Bitcoin is down, it is already critical? Bitcoin corrects in the middle of bullish rallies. That's very normal.
Do you have something to prove that Bitcoin's price goes down before every year ends? I think you are wrong. December is generally a good month for Bitcoin. We will wait and see whether December 2021 is the same.
I seriously believe that he just makes this as a joke and he just talks about how bitcoin will go down because it gets more attention for him and at the same time it is actually a trolling that people like as well. Plus he is acting like this because there are people like that too, so it is serious for some people. Bitcoin will always be bull, sure there will be downs at some times but at the same time it is not going to be recovered and go even higher.
October 29, 2021, 03:36:48 PM
Bitcoin is the only true store of value imho.
Its first mover advantage in the cryptospace is immense. People are recognising this now and putting money into bitcoin as a safe haven asset when they have made gains in other cryptos.
Definitely watch bitcoin dominance, as I think there is tremendous upside for that index even now.
Its first mover advantage in the cryptospace is immense. People are recognising this now and putting money into bitcoin as a safe haven asset when they have made gains in other cryptos.
Definitely watch bitcoin dominance, as I think there is tremendous upside for that index even now.
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