Bitcoin's new All Time High (ATH) has been reached this year again (X2) - page 5.

Tytanowy Janusz

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

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

People gamble on alts (99% of atcoins are worth 0) when BTC is boring and its hard to trade it. When its stuck in consolidation for weeks. There is no need of trading altcoins when btc do +60% in 20 days. People simply trade BTC. But as soon as BTC will stop a little money will flow to alts creating new alt seazon. I think that sooner or later alts will reach new ATH and yell better return than BTC. The only next alt seazon killer would be BTC rally stop with -30% red 1 day dildo.

Erdogan

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I wouldn't say that this is something extraordinary. The cryptocurrency market has not really been in a bearish market. The entire year of 2021 is the period of the same bull market, so we should not be talking about two different ATHs. I think Bitcoin is able to reach the new ATH a few more times by the end of the year, but then we will not count every dollar more as a new ATH.

Oceat

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I think this is the first time when Bitcoin hits the ATH twice, I think it didn't happen before. We still got 2 more months before the year end and it would be a matter of time before Bitcoin would hit a new ATH and go break the $70k. People's anticipation of the SEC approval are bringing the price to what it is today.

Altcoins on the other hand will be doing its part just like what it did in the past since it's just following the trend of Bitcoin but not every altcoins will get pump its price. Speculators of altcoins and Bitcoin are on another level of discussion again when they talk about prices.

Nasuhalugu

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The current market situation is different from the market situation and conditions in 2017. According to my observations, since 2020 until now, the growth of Altcoins seems to no longer follow the increase in the price of Bitcoin, but when Bitcoin falls in price, Altcoins follow it. The reason why, until now we are still studying.

Ararbermas

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Well probably it's not surprising that its happening this year wherein there's a 2x all time high. because infact we all knows there's a lot of good news about bitcoin as well, so this is normal, and its not yet done because we still have couple of months before this year end and for sure there's still a chance for bitcoin to surge more if it didn't show a negative results..

OcTradism

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Bitcoin has its new all time high for daily close price. The new all time high is coming but it won't have to happen this week, this month or this year. It can happen anytime, this year or next year. You only need patience and wait for it.

If you believe in Stock to flow model and history of RSI, Bitcoin will have a new all time high.

coinzzzpro

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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

When Bitcoin is stable, then alcoins grow. this year I expect BTC = $140,000 by the end of the year. This will be the last rally, the final stage of growth, it is important to have time to earn on this market.

Davian144

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Quote from: bussybuddy on October 19, 2021, 08:56:03 PM

The way I feel over time, it doesn't seem to be the case when we look back at BTC at this price point.
Maybe time testing for new entrants time has passed, and we should see a new cycle easily identified with this field. And now we are on an uptrend with BTC, I am alone with people who give me advice on BTC falling to $20k.

Have you seen BTC ever drop to $20K this year after finding its first ATH of the year? because what is happening now is the second ATH and I personally have never seen that Bitcoin can experience ATH up to two times within a year, so this is certainly very extraordinary and very real.

bussybuddy

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PredX - AI-Powered Prediction Market

The way I feel over time, it doesn't seem to be the case when we look back at BTC at this price point.
Maybe time testing for new entrants time has passed, and we should see a new cycle easily identified with this field. And now we are on an uptrend with BTC, I am alone with people who give me advice on BTC falling to $20k.

Davian144

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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

Topic: Bitcoin's new All Time High (ATH) has been reached this year again (X2) - page 5. (Read 511 times)