Topic: New all time high record | $66,000 - page 5. (Read 976 times)

Bitcoin attained its All Time Hight not once but twice in just a year and there still two months left before this year ends, I think bitcoin will going to attain another ATH before the year ends. Every investors and traders of bitcoin have had a contribution to the skyrocket of the bitcoin's price and not just only because many of the millionaire are getting into cryptocurrencies though at some point those people have had a great contribution too. Every one are very optimistic that bitcoin will going to be $100k its ATH but expected from time to time the unexpected price correction.

Yes, it will drop but I do not think the price will go far from the last ATH. Maybe it will happen in the next year after the highest price is hit or the last ATH from this halving happen and that is what we already saw in the previous years. Right now, we should prepare ourselves for the next thing that will happen and who knows, that next thing is the next ATH that may happen before the end of this year.

It is our chance to buy more bitcoin at this current price because we do not know if we will face this time again in the next weeks or months. Maybe we can split our funds into many order buy to anticipate if the price is still down to buy at various lower prices. Hopefully, the next week will be another good time for bitcoin to have another rally and if that happens, maybe we will see the bitcoin price hit $70k-$72k.

Very happy that the price of bitcoin reached new ATH again after 6 months of waiting, we got a price of $66800 and I'm sure new ATH will happen again this year, this is because many millionaires of the world are getting into cryptocurrencies and one person most often is Elon Musk who is now become the world's richest man.

Stop loss works exactly like this. Did you buy at 50k? Put a stop loss at 60k, that way you will be in profit even if it falls low. There is really no way to get out of a trade without a small loss when it goes down, but you could at least limit it to the loss you would make it a loss from profit instead of overall loss. That is what I have been doing and it never really hit the price that I believe it would fall, and I have been in profit for a long time now, over a year. Sure the increases will have a downfall eventually, every increase has a fall like that and will always have one, but the fact that you could predict it and put a stop loss beforehand means you get to stay away from the bottom.

It's a must to have a good backup plan. Even it breaks new time record the chance to drop back is anticipated.

Currently, the price is dipping, and those who were able to buy before the new ATH happens are now cashing out to secure their profits.

it should be realized that past markets are mostly repeating itself, learn and enjoy your stay with a good benefits from your investment.

Traders should be more realistic when dealing with this business.

it's what i sense, but, nevertheless the price of bitcoin is fluctuating and the base never yet stick to a particular motion, even at now the price have decreased compared to before, initially it's was approximately sixty three thousand (63k) but right now is sixty one thousand (61k) and no one knows what will actually happen to it's price regulations in next twenty four (24) hours, so sum all these all it's not worthy to celebrate or jubilation about irrespective the profit people that hold it earlier before now.

I mostly gather data from CoinMarketCap, hadn't noticed that Bitcoin had surpassed $67,000 on CoinGecko, however, I couldn't find on which exchange it was. Anyway, needless to say, the difference between them is quite insignificant. I wish I'd bought during the dip, a few months ago, but generally have a pretty good feeling about the future of Bitcoin for 2022.

Yes, actually the current correction should be used to make purchases and increase holdings for higher future profits, because if we expect the bitcoin price to drop below 60k to make a buy, it's unlikely.
and I think the current correction will not last long and in a few days it will gradually rise again until it reaches even higher ATH.

Base on Coingecko, the highest price that is recorded is $67,276.79 and $66,930.39 on Coinmarketcap so we can say that it reaches the $67,000 price range.
Unfortunately days after its peak, it went down to consolidate a bit and now it is at the $63,000 price range and I think that this is understandable knowing that Bitcoin just passed its previous ATH, many sold out their holdings as well.

Am I glad that Bitcoin did the move? Kinda but not that much because I'd be happier if Bitcoin will reach $100,000 at some time next year . Well, congrats to those who bought their Bitcoins at the $30,000 price range. Congrats for those who took the risk of buying near to that price because they've double their money just by holding BTC.

This is the reason why we need to prepare for something worse since we already experience a huge downfall before and its good to became more cautious about this things since its hard to bag hold. But I doubt that the same scenario like a huge price drop before will happen at this time since compare before and know bitcoin before is not so popular but for now we know that the word about it is spreading across the globe and those information's are converted to demand.

Well, why are you guys so disappointed and dejected about the BTC correction from $67k to $63k? The original pump to $67k was temporary as everyone saw how it was on time with Russia's news about acquiring digital assets to reduce US dollar dependence. Of course, it going to have a strong push to BTC and crypto market since you know how popular crypto is in Russia and CIS. Heck, the Russian oligarch might buy a lot of cryptos when the news broke out.

I said it was temporary but see, this correction is actually good for BTC because now, there were oligarch whales behind crypto meaning you can expect a strong hand with a shitload of wealth in the game. I love Russia and have nothing against that beautiful country but you see, the ruble is quite rubbish so also expect the average Russian transfer some of his wealth/income into crypto without any fear. All good things so yeah this is only temporary and in the long run, will bound back. Cheer up.

Bitcoin touches $62k for a while, but it bounces up to $63k as we see. It is a correction, but we hope it will not drop to under $60k because bitcoin is now in a good position to lift the price and make another new ATH. If they can use the moment to take their profits, they will be able to buy back bitcoin again when the price is getting correction like now. That can be a way to accumulate more bitcoin to sell it to the next high price.

After that price hit another historical ATH many people sell since some of them got enough profits that's why we can see this happening right now and its good not to panic for the current movement since there are some few people starting to get panic when the price drop. People should know that this is normal and still a good price to be celebrated since once those people who sell their bitcoins at the top for sure will accumulate again at the dip so its good not to miss the train again so we must take position when the market is on red market days.

I must say that the current price will create good celebration on the people who have been holding bitcoin for quite a long time, but for those who have just bought bitcoin when it was just $50k-$60k, they are still looking forward for another price increase until it reaches its new ATH. And as expected, when others tend to sell, the market will surely react on it and might pull the price down. But this is absolutely normal for a volatile market. Hopefully, by the end of the year, we will all be rejoicing seeing more digits for bitcoin price.

That's a normal market reaction. When an investor sees an opportunity to sell (especially during the arrival of the new ATH) they would always sell. The short pullback was caused by the short sellers, thinking Bitcoin's current bullrun has peaked. That's always gonna be the assumption everytime Bitcoin hits new ATH.
Now, there's nothing new about people celebrating the Bitcoin bullrun, I mean who doesn't want to see an expensive Bitcoin price after how many years of holding. Corrections are always there, Bitcoin will still experience a lot of ups and downs before it hits the 6 digit figure like everybody is anticipating.

I think that's just normal though, I mean if there is no negative news, then the market will somewhat be dried. So in a sense, they are definitely good short term, prices goes down because of FUD and then we can enter the dip.

But so far we haven't heard any, that's why the market continue to spike up and even hit a new all time high 2 days ago. Just some minor dip though, the last all time high becomes the support levels now, so that is good. And hopefully by December we will hit that $100k, the price were everyone is waiting for because it will be a milestone.

Many people are jubilating that bitcoin has recovered expensively, actually three to two months ago bitcoin price is not up to the current values now, but the problem is that we all know that the possibility for it to reverse is there, okay, do we remember that it's price has reach sixty thousand (60k) before and now it has hit sixty six thousand (66k) and within a short time it dropped to sixty three thousand (63) which is the stage it's now, the values of bitcoin is not called for a celebration now, from my initiative.

On my own i know that bitcoin will be appreciate or get accelerated more than these value currently, let us just assumed that before December bitcoin will be strong for any step or price  it landed to, likewise before, because i could remember 2019, bitcoin the price of was a little bit constant and it was not decreasing below ten thousand (10k) which is the initial values, so that's how the value will stick to an extent before we shall call for jubilation. Already many people is Happy because of it's movement.

I'm really impressed to see this height of all cryptocurrencies this period, because it's very obvious that bitcoin is increases with alternative coins, since the increment in value, other coins started appreciating and that means without bitcoin get accelerated other coins can't move on their own.

It fell to $62k as I've seen it.

It's always been volatile and that's why when we see it pop and go up, I'm always expecting it to correct afterward. But that's normal and we'll see it again to pump.

Coming from under $60k, the price can be said to still be in a good run. People who are worrying about it have to take their profits so that they won't worry if it falls a bit.

The price correction is somewhat possible and it hits the market anytime plus the volatility of the market made the price remain unpredictable. But this will never stop people to think that Bitcoin price will remain bullish.

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We've seen now that the price is moving down slowly, kinda be the end of ATH? I'm not being negative nor thinking it bad but can't just set aside the possibility of a huge crash. Well, I guess, many were selling their Bitcoin once hitting the new ATH causing this fallback. I hope there is no panic selling will occur and so it won't bring the price to drop more.

The market cannot guarantee that there won't be any incoming negative news in the market that it won't affect the bullish season. It will be inevitable as it usually happens whenever a new ATH is set to achieved. But meanwhile, let's keep going and enjoy the ride while bitcoin price at the moment is very bullish. I think by the end of december, we will witness a new price at $75k-$80k. This would be very possible if there won't be any market crash that would drop down the value of bitcoin. But no worries if it ever happens, bitcoin will always regain its value after the crash is over.