New all time high record | $66,000 - page 6.

ultrloa

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Quote from: ziyaaa on October 21, 2021, 03:52:02 PM

It was a special moment for me to see Bitcoin price breaking a new record after a long period of time. We saw the price at nearly 67k dollars a few days ago. Maybe it is around 62k dollars now but I expect another increase after this price correction ends. Bitcoin is capable of doing much more than this. Maybe we won't see 100k dollars this year but we should be able to see over 70k dollars.

Somehow a good sight to see for certain individuals who think about buying but they doubt about the stand of bitcoin at the moment, But anyways as the new ATH has been break and also the year doesn't end yet so maybe we can provably see another ATH price breakthrough so guess this is another wait for us then speculates about on when $70k will surpass since if that happen we can possibly a 6 digits figure maybe or december or next year so hopefully no breakout will happen or other fuds that can make this bullish streak collapsed.

redsun114

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The new ATH is 66,930 as well, 70 bucks short of 67k. That is very important, a 5% increase would have made it 70k and that is what we are trying to reach here, just a 5-6% increase which we all know is very possible and very quick in crypto world if it happens. I believe after 70k things will be different, we are going to reach to a new level where the price will basically skyrocket to 80k+ like 70k never even happened.

Hopefully we will get to see something that is a lot easier, we need to realize that we should be basically pushing hard for a while so that we wouldn't have to push that hard, beyond reaching that resistance level is easy and would make things easier.

ziyaaa

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It was a special moment for me to see Bitcoin price breaking a new record after a long period of time. We saw the price at nearly 67k dollars a few days ago. Maybe it is around 62k dollars now but I expect another increase after this price correction ends. Bitcoin is capable of doing much more than this. Maybe we won't see 100k dollars this year but we should be able to see over 70k dollars.

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Quote from: FanEagle on October 21, 2021, 10:44:21 AM

Quote from: Ultegra134 on October 21, 2021, 10:36:30 AM

I'm positive that there will be some sort of resistance within the price range of $60,000-$64,000, for quite some time, before a new all-time high record can be surpassed.

I am negative about those resistance levels because we may see bitcoin markets to be trading above $70k levels over the night as FOMO got all the power to break and keep going against all such resistance levels. I read many institutions started planning and working to have bitcoin in their portfolio before any second country to be announcing and adopting bitcoin as their legal tender.

There's a reason for them to position themselves as when a certain country announce they'll legalize and consider bitcoin as a legal tender, we know that would result in a huge adoption, and of course, as an impact, the price will rise, and once the news spread it might also cause a bullish market movement.

Small countries who are struggling economically doesn't need the help of big countries to survive, they'll just have to open opportunity for crypto to enter and they'll benefit from it, it's not an experiment that they are uncertain with the outcome because some country had already tried it.

Ultegra134

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Quote from: FanEagle on October 21, 2021, 10:44:21 AM

Quote from: Ultegra134 on October 21, 2021, 10:36:30 AM

I'm positive that there will be some sort of resistance within the price range of $60,000-$64,000, for quite some time, before a new all-time high record can be surpassed.

I am negative about those resistance levels because we may see bitcoin markets to be trading above $70k levels over the night as FOMO got all the power to break and keep going against all such resistance levels. I read many institutions started planning and working to have bitcoin in their portfolio before any second country to be announcing and adopting bitcoin as their legal tender.

While this is quite likely, we can already observe a small correction taking place, which isn't strange at all. It has currently fallen at $63,000. I'm positive that further advances regarding its price will be made, but let's not jump into conclusions yet. There's a bright future ahead of us, but patience is needed.

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Quote from: Ultegra134 on October 21, 2021, 10:36:30 AM

I'm positive that there will be some sort of resistance within the price range of $60,000-$64,000, for quite some time, before a new all-time high record can be surpassed.

I am negative about those resistance levels because we may see bitcoin markets to be trading above $70k levels over the night as FOMO got all the power to break and keep going against all such resistance levels. I read many institutions started planning and working to have bitcoin in their portfolio before any second country to be announcing and adopting bitcoin as their legal tender.

Quote from: carlisle1 on October 21, 2021, 10:41:04 AM

anticipating to see another fall that may be touched below $60K before hyping again to reach new time high.

I remain too bullish as we near end of October hence we may experience a new ATH almost everyday. A short term pull back may happen around next major resistance levels but I am not seeing anything such before we are getting into $95 to $99k levels.

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Quote from: Ultegra134 on October 21, 2021, 10:36:30 AM

That's definitely true, myself too also believes what you've mentioned, I'm a little reserved when it comes to price predictions, since they are pretty much unexpected. I'm positive that there will be some sort of resistance within the price range of $60,000-$64,000, for quite some time, before a new all-time high record can be surpassed.

Possible to see correction after new ATH has been experienced,

Knowing those players inside this market, they will now try to create something that will force newcomers or weak holders to sell out with losses,

the kind of strategy that allows those wise investors to keep getting decent profits from this market. We need to be wiser now and learn how

to balance, anticipating to see another fall that may be touched below $60K before hyping again to reach new time high.

Ultegra134

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Quote from: Oilacris on October 20, 2021, 06:04:24 PM

Quote from: Silberman on October 20, 2021, 05:02:25 PM

Quote from: Ultegra134 on October 20, 2021, 09:05:55 AM

snip

We knew that was coming, there was simply too much hype surrounding bitcoin and the approval of the ETF that I thought that if all of that money was coming to bitcoin it was because they already knew an approval was imminent, I am glad that it had finally happened and now most likely 70k will become the next target for bitcoin to reach during the next days, personally I do not think it will take long for that to happen as the sentiment in the markets should be incredibly bullish right now.

Dont anticipate much because we dont know if it would able to break 70k or we would really be just staying up on this level and support for long period of time but i cant really deny that if these positive sentiments and events do circles around for a while then we might really be seeing those 10k increments of all time high levels which i hadnt anticipate that it will happen on this year.

For now im not really making myself get too excited but its good to see on this kind of gains in a short span of time an luckily i did able to buy up bitcoin when it dipped on 30K+ which is really worth the wait.

For now lets see on what would happen next neither there would be some sort of correction or we would be moving sideways.

That's definitely true, myself too also believes what you've mentioned, I'm a little reserved when it comes to price predictions, since they are pretty much unexpected. I'm positive that there will be some sort of resistance within the price range of $60,000-$64,000, for quite some time, before a new all-time high record can be surpassed.

Weng simok

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bitcoin fell back at $63k in a few hours, this is a very volatile market. bitcoin fell by $ 3k and slightly made investors panic sell for fear the market will continue to correct. but it's only momentary and will surely return to normal bitcoin price. because bitcoin includes a fast recovery phase.

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Quote from: Kemarit on October 20, 2021, 09:31:32 PM

Quote from: Poker Player on October 20, 2021, 09:22:44 PM

Quote from: Furious 7 on October 20, 2021, 04:43:04 PM

Quote from: pawanjain on October 20, 2021, 11:08:25 AM

The target of $100k by December also seems achievable to me.

It's a bit possible in december bitcoin can reach 100k because we haven't passed Nov and Dec there is still time and bitcoin is still in a positive trend.

All predictions that I can recall give at least that price for this cycle, and some quite a bit more. Now the price has stalled, but let's remember that the price can turn parabolic in a short time. Let's look at the 2017 chart, for example, when as of hourly came the steepest rise. Everything points to the fact that this end of the year is going to be similar to what happened in previous cycles.

It has a lot of similarities to the 2013 and that's where most of the predictions are lining their graph on.

So if the pattern repeat itself, most likely the price could really be in the $130,000-$180,000 conservative estimates.

Let's see if that is the price that we are looking for in December then we need to double what we have right now. Trillions of money need to pour in the market in the next two months.

Currently the market is very volatile and it's hard to say how long we can go by the end of the year.
With the current volatility we can't even predict the approximate price for the end of this month.
Even if the previous cycles repeat, we will be able to spot it out this time since most of the people are expecting this cycle.
May be we can secure our profits just when the prices start to fall. But again, nothing can be predicted accurately.

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Quote from: Swopon on October 20, 2021, 09:12:21 AM

The most exciting time of this year and waiting to see that a long time. Bitcoin is already proven that it has that potential for creating history again. Hope it will break soon again and another ATH will be recorded. Expecting more in near future.

The price of bitcoin is almost volatile in the market every investor is very happy and hopeful to see such a position of the market and will build a new ATH from the current price and go to a higher position. Such positions of Bitcoin reach more than 100k which will make them the all time record.

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Finally, the price broke the previous ATH and made a new ATH which we want.
It seems that the price now is stable at $65k-$66k but I am sure that sooner or later, the price will start another rally to the next ATH and I hope that will be the time for bitcoin price to increase to $70k.
If some good news about bitcoin can release, that can give bitcoin more support that can lift the price to soar to the high price and attract more investors to invest in bitcoin before the price reaches the $100k.
But still, reaching $100k is a big mystery because we do not know if that will happen before the end of this year or in the next year.

adaseb

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The issue now is scary how similar it is to 2013. Pretty much peaked in April, had a low in July and started to rally in Oct. Almost to the exact week.

This is not a good thing because what are the chances it going to peak exactly in the last week of November? Too many people will use that as a signal and sell whatever the price will be at the end of November thinking history is going to repeat itself.

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Quote from: Poker Player on October 20, 2021, 09:22:44 PM

Quote from: Furious 7 on October 20, 2021, 04:43:04 PM

Quote from: pawanjain on October 20, 2021, 11:08:25 AM

The target of $100k by December also seems achievable to me.

It's a bit possible in december bitcoin can reach 100k because we haven't passed Nov and Dec there is still time and bitcoin is still in a positive trend.

All predictions that I can recall give at least that price for this cycle, and some quite a bit more. Now the price has stalled, but let's remember that the price can turn parabolic in a short time. Let's look at the 2017 chart, for example, when as of hourly came the steepest rise. Everything points to the fact that this end of the year is going to be similar to what happened in previous cycles.

It has a lot of similarities to the 2013 and that's where most of the predictions are lining their graph on.

So if the pattern repeat itself, most likely the price could really be in the $130,000-$180,000 conservative estimates.

Let's see if that is the price that we are looking for in December then we need to double what we have right now. Trillions of money need to pour in the market in the next two months.

Fundamentals Of

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It was not really unexpected to me. Bitcoin was probably meant to break the ATH in Uptober. S2F, which has been pretty pretty accurate in its predictions for the past many months, has Bitcoin at more than $63,000 in October and more than $98,000 in November. With this, I was assuming that the ATH which was only around $64,000 could easily be broken within October.

These are the best of times so far but there's going to be much better days ahead still with December probably giving us all a perfect Christmas gift of Bitcoin hitting $135,000.

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Quote from: Furious 7 on October 20, 2021, 04:43:04 PM

Quote from: pawanjain on October 20, 2021, 11:08:25 AM

The target of $100k by December also seems achievable to me.

It's a bit possible in december bitcoin can reach 100k because we haven't passed Nov and Dec there is still time and bitcoin is still in a positive trend.

All predictions that I can recall give at least that price for this cycle, and some quite a bit more. Now the price has stalled, but let's remember that the price can turn parabolic in a short time. Let's look at the 2017 chart, for example, when as of hourly came the steepest rise. Everything points to the fact that this end of the year is going to be similar to what happened in previous cycles.

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Just a small dip after reaching a new all time high, but nothing to worry though, we understand some traders and speculators selling to get their short profits from the current surge in price due to the Bitcoin ETF news.

And it's just a matter of prediction what will be the price at the end of this month because we still have a full week, maybe $70k is a conservative price at the end of October.

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On the contrary, I see that it was completely expected for me and for many as well, many analysts and even ordinary traders were expecting Bitcoin to reach a new peak within a period of months only, more than that I expect it to exceed this peak and reach up to 100K$ by the end of the year, of course this The words of some analysts I trust and I believe because I believe that Bitcoin is unstoppable.

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Quote from: Ultegra134 on October 20, 2021, 09:05:55 AM

A new all-time high record has been hit, with Bitcoin surpassing $66.000. An outstanding performance which was a result of the announcement of Bitcoin ETF approval, which I've yet to understand what exactly it is.

Definition according to https://mg.co.za/

"An Exchange Traded Fund or ETF is a type of investment fund that tracks the price of another asset or basket of assets and can be traded on an exchange. If that still sounds like finance nerd language to you, that’s because it is."

https://mg.co.za/special-reports/2021-10-19-a-bitcoin-etf-what-does-it-all-mean/

Anyway, it was something quite unexpected and didn't actually believe that we'll see a new record by at least December. Let time do the work.

Well thanks for this info about ETF I think btc will reach 80 to 90k$ this year because of so many new bullish news that makes btc price rise. This new development about ETF approval will surely give a huge effect on the price in a long run so let us wait and see another new ATH in the next few months from now for good.

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Quote from: aoluain on October 20, 2021, 05:38:25 PM

Quote from: Lucius on October 20, 2021, 11:40:20 AM

Quote from: Ultegra134 on October 20, 2021, 09:05:55 AM

A new all-time high record has been hit, with Bitcoin surpassing $66.000. An outstanding performance which was a result of the announcement of Bitcoin ETF approval, which I've yet to understand what exactly it is.

The ETF just made a small push if we take into account everything that has happened in the past 1+ years, and I'm just curious at what point ordinary people will understand what it's really about - futures are just futures, it's not the ETF we actually hoped. The media is selling this news very well, similar to what they did at the end of 2017.

Quote from: Ultegra134 on October 20, 2021, 09:05:55 AM

Anyway, it was something quite unexpected, and didn't actually believe that we'll see a new record by at least December. Let time do the work.

It was only a matter of time, all summer we talk about Q4 as a period in which the price will explode because so far it has always happened in the year after halving. Now we can only speculate how high this rocket can take off, and it seems to me that it has quite a bit of fuel and time for one long flight at least to the Moon, and maybe even further.

Quarter 4 is where the action is going to be, anyone following PlanB will be
expecting at least $135,000 this year.

Threads like this one will be popping up every week as we hit nATH's and with them
there comes a new buzz around the Bitcoin space.

Yeah, all eyes are on the S2F modelling prediction by PlanB.

Just imagine if it hits the target on December, not sure what the critics are going to say about it because as much as we love S2F, there's a lot of bashers as well.

Anyhow, good to see that we have a new all time high and there's a possibility that we can get higher this month alone. The prediction is $63k++ this month, then $80k++ and then $100k++ in December. It looks like it exceeds the expectations.

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