If we break $1000, are we going to see another ATH? - page 3.

mtwelve

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Quote from: nizamcc on February 02, 2017, 01:40:28 PM

I think that we may go near $2000 if we break $1000 once again, because the resistance levels are showing good strength nowadays than support, and they are being crossed every time we think Bitcoin will go down. Proving everybody wrong, bitcoin is the King and I think that we will see another ATH soon if it crosses back $1000.

Well we just did. Fingers crossed.

serjent05

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Well I guess a new ATH is inevitable this year. I do not know if it can be reached this early but I am confident that we are nearing to the new All Time High. It is the second time Bitcoin breaks $1000 wall (i checked it on google) and we are still at the 1st quarter of the year.

nizamcc

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I think that we may go near $2000 if we break $1000 once again, because the resistance levels are showing good strength nowadays than support, and they are being crossed every time we think Bitcoin will go down. Proving everybody wrong, bitcoin is the King and I think that we will see another ATH soon if it crosses back $1000.

Febo

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Quote from: richardsNY on February 02, 2017, 11:22:17 AM

Quote from: jaberwock on February 02, 2017, 10:36:40 AM

One day a new ATH will be reached. I think Gox's ATH was above $1300, so still at least $300 more if $1000 is broken, what could take some time

Gox's ATH doesn't hold much value since people had no way to cash out money, nor their coins. It was just people recklessly buying up the price in a YOLO manner. That's why we just need to focus on Bitstamp's ATH. But then again, I prefer to see a slower but more steady growth than all the peaks we have been seeing. None of these peaks have lasted long as the price was dumped down again due to FUD and other stuff.

At no ATH much people sell coins at that price. Actually not many people sold BTC at over $1100. It is same as altho BTC went to under $800 few weeks ago only few actually bought them for that price.

BitcoinBarrel

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star citizen

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I prefer that Bitcoin stays in this range for some time, and then start a slow climb, but I think we'll see some big spikes on the road ahead...

mtwelve

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Quote from: BrewMaster on February 02, 2017, 11:37:01 AM

Quote from: mtwelve on February 02, 2017, 10:18:02 AM

Or are we just going to reach the current ATH at around $1160? What are you guys thinking? I've seen $1025 thrown around alot as a target for a pull back.

it is hard to talk about the ATH at this point, the buy support seems to be good right now and we have been rising with a good speed.
on top of that around $920 had a decent amount of time, and that helped with the accumulation. however we still need to see above $1000 and how supports are going to be then, to give any opinion about the future.

i myself expect 1050 and then playing around above $1000 for a while before the ATH to have another nice shake out.

I'm having similar intentions, I think unloading around the $1050 mark would be good.

manselr

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Quote from: richardsNY on February 02, 2017, 11:22:17 AM

Quote from: jaberwock on February 02, 2017, 10:36:40 AM

One day a new ATH will be reached. I think Gox's ATH was above $1300, so still at least $300 more if $1000 is broken, what could take some time

Gox's ATH doesn't hold much value since people had no way to cash out money, nor their coins. It was just people recklessly buying up the price in a YOLO manner. That's why we just need to focus on Bitstamp's ATH. But then again, I prefer to see a slower but more steady growth than all the peaks we have been seeing. None of these peaks have lasted long as the price was dumped down again due to FUD and other stuff.

Indeed, but like it or not, it makes the graph look ugly, we must destroy that fake ATH. Once we get an ATH now, it will be with real volume, no fake Gox, no fake chinese gamblers, now it's the real deal and we are so damn close. Once we get the new ATH in the current scenario then we'll shoot to the sky since it will be a total consolidation.

BrewMaster

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Quote from: mtwelve on February 02, 2017, 10:18:02 AM

Or are we just going to reach the current ATH at around $1160? What are you guys thinking? I've seen $1025 thrown around alot as a target for a pull back.

it is hard to talk about the ATH at this point, the buy support seems to be good right now and we have been rising with a good speed.
on top of that around $920 had a decent amount of time, and that helped with the accumulation. however we still need to see above $1000 and how supports are going to be then, to give any opinion about the future.

i myself expect 1050 and then playing around above $1000 for a while before the ATH to have another nice shake out.

richardsNY

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Quote from: jaberwock on February 02, 2017, 10:36:40 AM

One day a new ATH will be reached. I think Gox's ATH was above $1300, so still at least $300 more if $1000 is broken, what could take some time

Gox's ATH doesn't hold much value since people had no way to cash out money, nor their coins. It was just people recklessly buying up the price in a YOLO manner. That's why we just need to focus on Bitstamp's ATH. But then again, I prefer to see a slower but more steady growth than all the peaks we have been seeing. None of these peaks have lasted long as the price was dumped down again due to FUD and other stuff.

mtwelve

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Quote from: jaberwock on February 02, 2017, 10:36:40 AM

One day a new ATH will be reached. I think Gox's ATH was above $1300, so still at least $300 more if $1000 is broken, what could take some time

A lot of people don't consider Gox ATH a true ATH due to the illiquidity... but yeah that's what I'm asking. $1300 and above is inevitable, I'm just wondering if you think it will be briefly after we break $1000.

jaberwock

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One day a new ATH will be reached. I think Gox's ATH was above $1300, so still at least $300 more if $1000 is broken, what could take some time

mtwelve

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Or are we just going to reach the current ATH at around $1160? What are you guys thinking? I've seen $1025 thrown around alot as a target for a pull back.

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