Topic: New all time high record | $66,000 - page 4. (Read 875 times)

We arent really that too far off with this speculated price or possible ATH in the future because we are just almost or half past through there.
We do all need is some sort of positive catalyst which would really make the price kicks in into those levels but lets not really be that too
positive or anticipate that much because we wouldnt know on what would happen in next days or months or years to come on this market.
Thing here is that you do know on how to play the game or this investment.

I believe there are some price corrections going on as well. Meaning there are some people who are taking profit and leaving, maybe they will come back soon, maybe later, maybe never. Whenever price goes up, we end up seeing stuff that is similar to this, we end up seeing people end up selling some coins to make a profit.

Obviously you could wait and make more profit, but I also understand people who bought early on when it was high price, and then ended up waiting for months to see the price doing badly, then as soon as it hits the profit mark for them, they end up selling it. This definitely happens during ATH price periods mainly, because many people want to get out when they are there and see the crash once.

The price of 100k which is widely predicted will not be long before we can see it, I hope.
I also think that October is the start of a good move with a positive trend that will continue until December. I see this year as it did in 4 years ago it is very likely to be able to see the bull market at the end and the beginning of the year.

According to the predictions of many experts that october is a warm-up for the market to skyrocket in december, and it is proven that new ATH $68k can be achieved a few days ago, although it had dropped but now the market is back to the level of $60 up and i'm sure the positive trend will continue in the year this until the price can reach at least $90k.

And surprisingly again, the price dip to $60k from $62,500 in just matter of hours. Not sure what the cause, but it seems some speculators are shifting again to some altcoins to squeeze some profits.

But yet, I would say that we are still very much bullish although the price goes down again. And as we are nearing the end of the month, we might be going on the $60k-$62k side ways pattern. It's not that bad after hitting a new all time high. November will still be a good month for all of us.

We're barely in the $62.5 levels, but this is still good in my opinion. If we can maintain or at least push the price to $63k at the end of the month, it's still a good indication that we can still continue this bull run in the next two months.

So there's no slowing down, maybe just some minor pull back and correction and then we will continue to march on in December for that 6 digits.

We should prepare for the next thing that will happen to bitcoin because the new ATH last week can trigger bitcoin to increase and lift the price to the next new ATH in the next months as bitcoin still have 2 months before the end of this year. So many things can happen to bitcoin and hopefully, we will see the new ATH at the highest price and maybe that can break to $70k-$80k.

This correction is already done as we see the price increase from $60k to $63k but we still hard predict if the price will increase or get another correction.

and Now it looks like getting harder to get out from 62-63k value .

https://coinmarketcap.com/currencies/bitcoin/

Wondering if we can see at least 70k within october?

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I missed to exit at 66k but i don't feel regretting because i believe that we have another climb coming .,

Normal and that's the reality, and sometimes we are surprised, also indeed in fact after touching a new ATH, it will not be far from that. What is clear is that Bitcoin is not finished with its great side, there are still many opportunities ahead to touch new ATH. Prepare ourselves for a shining hope surrounded by better news.

Its barely pulled back in the wider picture, just the first fib level was where we got to.  No greater test below that occurred though it would have been reasonable.  The rise over the last 24hr was above the 12hr average almost the whole time, very fast action and we got to say BTC remains bullish showing no real signs of negative action only a slow after climbing consistently.
   Positive outlook remains while we maintain above 62.5k which is the weekly average.  If we were to fall especially I think we get some repeated warnings on that but cant conclude that from current action.

Personally I was also quite surprised. I was expecting more of a CME/Bakkt style crash back to the accumulation zone around $30-40K, so that the larger institutions could position themselves properly. But so far the attempt to short proshares on day 1 ended up with bears getting rekt, and the end of the week didn't really achieve much shorting pressure either, more indecision rather than anything else. It seems that whether ETF or futures, they have finally learnt to accept that retail volume is higher and more in control of price (as are the crypto whales). That ultimately it can't just be shorted to 0 because price is at ATH.

Moving back above new ATH will create a lot of demand for proshares imo, as it will be the confirmation that the uptrend is continuing, and no futures or etf can manipulate otherwise. At least not now. After all, if institutions can push prices lower to make their profits, they will have to push it higher instead. This next leg of the bull market could be led by the likes of bakkt and proshares it seems.

It can be a good indication that with this strong upwards movement, new ATH may reached again.

It's showing that there are more pressures to push the price and make another market run, corrections though really affecting the sentiments

because there are day traders who knows how to play with this current situation, they are the gainers who keep on rinsing this business.

Placing your investment now should always have a good sets of back up plan in case that you've mistakenly anticipate the market.

I think this is normal and usually after a correction the price of bitcoin will reach a higher point. currently the bitcoin price has gone up again and this might be an early indication that the bitcoin price will experience a positive trend again and will break through $67k.

not all investors have a deep thought in investing in bitcoin and not all investors invest in the long term, of course they take opportunities when there is an opportunity, usually they sell assets when prices start to soar and wait for time to invest again when prices start to hold. so this is a strategy they invest in and naturally the market fluctuates frequently.

currently the price of bitcoin is at $63K, meaning there is a decrease from the ATH that formed on October 20, 2021 yesterday, which bitcoin has done. This pattern always occurs in bitcoin, where after reaching renewable ATH it immediately drops back quickly, but this seems to be done to take a new leap to create renewable ATH again, which is normal and there is no need to worry too much.
because bitcoin is currently in the stage to continue to increase.

what you would expect for bitcoin to be as high as $100K, looks like it will happen by the end of this year and no need to wait until the year changes. it is possible that if there is no correction at the beginning of the year, it is not impossible that bitcoin will surprise by creating a fairly high renewable ATH.

obviously happy is when they buy it in the $30K price range which is now a great value, but don't sell it right away because there's still time to improve. For those who have capital even now, if you want to buy, there is no need to hesitate, to do so because it will definitely increase.

this is the advantage that bitcoin has, it always surprises even though many believe there will continue to be an increasing movement at the end of October, but still in the last week of October it still had time to fall. remember bitcoin can move up and down in a day with a high value, so no need to worry about that.

$100K will be able to be done by bitcoin not next year, I'm optimistic if you look at the graph that november will be able to be done even if it misses it will happen in december. because the prediction is that by the end of this year there will be an increase, looking at bitcoin's past movements in 2013 and 2017.
we hope and always will be there with bitcoin at the right time. hopefully many will be happy with the increase in bitcoin which will be accompanied by all altcoins.

That's true indeed, I also find it extremely likely that another all-time high is possible, I'd expect another one towards the end of the year. On the other hand, its price is steadily over $60,000, but I'm not quite sure if it's going to sustain, we're currently seeing a downward trend, fighting to stay over $60k.

We will get there it is just a matter of time until this happens, however I will say that I am a little surprised by the setback, I really thought October will be all positive and the price will at least maintain itself before we made an attack to the 100k level, but it seems that things are not going to be as easy as I thought, but it does not matter, we know that it is just a matter of time before bitcoin begins to go up again and I plan to to be there and be part of history when bitcoin finally breaks 6 figures for the first time ever.

More precisely, millionaires and billionaires are no longer shy about revealing their identities and hiding their activities with bitcoin, this era has been a whole new era for crypto as the government has gently opened the light as well as certain test of the opportunities of crypto and bitcoin in the future, the most recent record is only the first harvest. The next few months will be more of what our community looks forward to, except for big members like Elon Musk, large special funds in the United States are showing a lot of potential for bitcoin and opening up investment funds backing it.

Lol, I thought you made a mistake, but yeah, it's been 6 months and now the ride was not very good, the road is bumpy and yet we still survived and make it to a new all time high. I will just stop you with the Elon Musk narrative on bitcoin, I mean we still remember him using the argument that bitcoin is not eco friendly and harming the environment because of it's electricity consumption. So I will stir away from this guy, and I will attribute everything to retail investors like the majority of us and not to whales or to any influencer.

in this year Bitcoin has reached 2 times its highest price which is only a few months apart it is very extraordinary, it is very possible that we will again see a new high price of Bitcoin in the near future and speculation of many people about the price of bitcoin which will reach 100k may be happening soon.