Topic: New All Time High Baby! - $68,742.31 - page 3. (Read 908 times)

if according to coingecko the latest ATH $69,044.77 - Nov 10, 2021, and it seems that every time it reaches ATH, bitcoin will always correct again, and this is certainly a common thing.
bitcoin corrections will usually be made to make the jump to renewable ATH.
If we look at yesterday, it should be possible to achieve renewable ATH above $70K tomorrow.

clearly bitcoin seems to be increasing gradually, this can certainly strengthen bitcoin to increase even higher by the end of this year, is it possible to reach $100K according to many analyst news that has been published? we'll have to wait until the end of November to see if it can approach or reach $80K.

CMC and CG are very important to be used as references that maybe we can use to just analyze the easy way to do it. because usually there will be visible movements that are always updated, which obviously we need to estimate which may not necessarily be accurate. at least there are alternative assistance that can be used, apart from what you said, if you already have other references that can be used, of course CMC / CG will be used as a comparison only.

clearly what bitcoin has to pass is at the price of $70K and the possibility that if you see an increase from yesterday it could happen tomorrow or if it misses the next few days. making it easier to climb even higher not even the $80K that bitcoin is trying to achieve.

And the cycle continues, after hitting a new all time high, the market didn't sustained it's run to $70k at least. We've seen another correction (which is normal), 3% down now and counting.

So again, if the cycle continues then we have to wait for it to have a good bounce back after a week or two or at least leading to the actual date of the Taproot activation.

The OP has updated the title of his thread with a new ATH already. So we don't need to argue as what is the current ATH as for sure it will be reset again in this month.

But I think we can't argue that it's good to see the price hitting ATH after last month. Strong hands are rejoicing for holding, while those weak hands who sold early are trying to get back in the market again.

$80k is not that easy goal, but for sure we can take it slowly.

I think it would be better to use it for now unless someone has a good alternative. Price in exchanges isn't a reference imo. Besides, tracking ATH in CMC is a lot easier
So far the price is hovering around $67.8k, hopefully we can see $80k soon!

I have to say the approach has stopped and that type of stuff usually scares me. Not that I would sell or anything but I usually expect it to do a lot better in the long run and that is why I do not believe in short term moves making people react because it is just short term thing.

However I have to say the price skyrocketing high and then stopping just before breaking ATH proves that there is still a psychological warfare in the crypto world and that should matter a lot, I can't really emphasize on how much of a problem that is, but it is still a problem and we should be dealing with it in some sort of way. I do not know how long we could wait for it to break before our psychology breaks but if we can wait long enough then maybe we could win and get a new ATH.

It looks like the high might currently be from KrakenUS at $67,777.70. I expect this will likely be a moving target for a little while now that we are into price discovery territory. Most people seem to think we could get up into the $80Ks  before we see the next large correction. I’m starting to wish I had a Bitcoin ticker for moments like this.

If Coinmarketcap.com is the benchmark though, it looks like the ATH is $67,673.74 according to their site: https://coinmarketcap.com/currencies/bitcoin/

I'm happy to use that as a consensus unless there's a more standard way.

Bump
We have another ATH right now: $67,731.19 according to CMC
Dunno for how long it will stand this time, go go $70k next step

Today I read a very interesting news, it said something like the following:

if the price breaks 67000$ then it will reach $75000 and if it breaks $75000 then it will reach $89000

I wonder: how do they know that $75000 is a resistance if the price never reached $75000?

the stage is set and I'm sitting watching

We got within $500 of the all time high. Pretty exciting. I suspect we’ll see new all time highs and a break into price discovery in the early morning hours of tomorrow. Then it will likely be back to the races. Miners have been holding for months now in preparation. The stage is set and the actors have taken their places. Now we watch, enjoy, and wait for the standing ovation (to run out the exit door while everyone else is clapping).

I am expecting today we will definitely have a new ATH which might be higher than $68k levels and also we are having good chances to be having a new ATH above $70k as well, we cannot predict what is going to happen in next few hours as FOMO is expected to be playing role in bitcoin markets here after.

Like all previous bull run of bitcoin market, this year also we are going to have intensive FOMO as there will be very very less probability for ending up a bull run in bitcoin markets without FOMO.

$66k is the so far the highest price that we have achieve, yes and it is close enough to the last all time high we have. But still we need to surpassed and established a new one for this week.

Yeah, just trying to figure out what 'price discovery' means, Lol, but I like the new term though, means me think that investors will have to find out how far they can get this bull run for this month.

The actual all time high might be updated in the next couple of hours which is promising. I like this "price discovery" adventure, I am trying to imagine one day talking to our children about the first years of bitcoin and these exciting moments

Presently the price is approaching the last ATH at $66974 as it is now any moment from now the price will break the resistance at ATH thus the possibility of price hitting another ATH before the end of this month is very feasible going by the high volatility and momentum of the price. however reaching $100K before the end of this year is unsure probably after a new ATH there might be a correction based on the slang 'price history repeat itself' thus I agreed with you that price might hit $100K next year  provided that there is no negative fundamental news that might hinder the present bullish trend.

It's the FOMO about the taproot activation within this week the causes this spike in the last 24 hours.

So yes this is real again, not just some sort of manipulation from whales, but everyone is jumping on the bandwagon that the price might end at $93k this month.

And so for those s2f proponents, good thing that we have seen a good increase today to align to it's target of 6 figures at the end of this year.

I was about to say that, just surprising to see a massive jump in the last 24 hours, and now we are in the $65,300 and it's very close to the old all time high. Who knows, this week we might set a new high probably close to $68,000-$70,000.

And then the whole discussion about getting into the 6 digit range will heat up again. Specially the S2F model, wherein it might be on track again. So let's wait and look forward and optimistic that a new all time high will be achieved at the end of the week.

Bitcoin back in striking distance of the all time high and moving up quickly. I’m showing its up 5.5% in the last 24 hours and within 2.5% of the all time high. I think it’s extremely likely we’ll see a new all time high in the next 48 hours as we venture back into price discovery territory. As an investor, there are few words that excite me more than ‘price discovery’ and I’m looking forward to it.

Of course your data entry Ath 66974 for Bitcoin just few minutes but now Bitcoin standing on $60k-63k areas. I think Bitcoin again would break its own high record within November and before ending the year 2021 Bitcoin complete it's March $100k target.

Well certain things happen like that but actually those manipulation attacks is just temporarily done and we can get a hint if some of big institution creates a fud just to disturb the market. And if people easily get afraid for the movements happening especially if the situation for the day is dumping then they should really take their capital first before anything else since its a perfect thing to do so that we will not get caught or get broke once the market collapsed.

From my personal point of view, you are almost better off waiting too long than not long enough to sell.  When the bubble happens, you want to be riding that wave upward with everyone else.  The gains look great now, but if BTC shoots up to $450K you'll feel like a fool for selling and cashing in the gains.  The opposite could also happen and BTC could fall to $2K and you'd wish you had cashed it out, but I think the danger currently is missing out to the upside.  If people are unsure what to do, the right move when it comes to investing is almost always do nothing.  If doing nothing isn't your style, slowly cashing out on a schedule instead of all at once is not a bad option.

I think the fundamental thing that's affects the price of the market in the aspect of volatility is the market is a subject of speculation and manipulation. Moreso, the best thing to do this time is to take out the capital and some profit because I hear the end of the year is always bloody.