New all time high record | $66,000 - page 7.

LUCKMCFLY

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If it is a great record because $ 66k is only the starting point for the first target that many have expected at $ 100k, if this happens it is great, very possible this year, in the short term things look like this:

Quote

If bulls sustain the price above the breakout level at $64,854, the bullish momentum could pick up further. The BTC/USDT pair could then rally to the overhead resistance at $75,000.

Source: https://cointelegraph.com/news/price-analysis-10-20-btc-eth-bnb-ada-xrp-sol-dot-doge-luna-uni

There is a possibility that it can reach $ 75k is a pretty good target and possible to reach, at this moment it is for $ 645.9k, it is just a matter of waiting.

Oilacris

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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.

aoluain

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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.

Silberman

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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.

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.

crzy

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Many wants to see this great bull market again and now we’re here so the next goal is to hit $70k price and of course our real goal for this year is to reach $100k and it possible to happen this year. Happy for everyone who bought at the bottom and to those who are holding until now. You can now take profit or at least, wait for a more peak.

Furious 7

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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.
Surely a new record will be reached again towards the end of the year, considering that in the previous time at the price of $30k it was indeed a very short time bitcoin could reach where the trend occurred and this is a good return of around 50% I hope all this can be held for a long time at the current price .
Actually I still have a few glances at altcoins and this is going to be a very pumping altcoin season, will this happen again just like bitcoin?

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Quote from: batang_bitcoin on October 20, 2021, 03:44:00 PM

Yeah, surprisingly the ATH got in. I've thought of those graphical charts tha I've seen that when the first gold ETF has been approved, its market cap has increased.
And now, I'm thinking about the same with bitcoin. Since it's first ETF has been approved, we're likely to see its market cap increase as well.

This is not surprising after hearing that ETF news because we all know, we’ve been waiting for so long for the good ETF approval from a well know company and now its happening.

$70k are more possible to reach now. We’ve seen two bull market this year, hopefully not end this year on a big correction for now, let’s see what’s the peak price and invest wisely.

Cafex

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Bitcoin price has even improved the record to $66.9k today. It was a really special moment that we witnessed a new all time high level after a very long time. We are not even having a bull run now but still it managed to break a record. It is really great to see. And if we have a bull market in the coming months, it would be quite possible to see the price at $100k at least in the near future.

batang_bitcoin

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Yeah, surprisingly the ATH got in. I've thought of those graphical charts tha I've seen that when the first gold ETF has been approved, its market cap has increased.
And now, I'm thinking about the same with bitcoin. Since it's first ETF has been approved, we're likely to see its market cap increase as well.

Johnyz

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As expected after breaking its previous ATH and I see the price to continue to pump until $70k before we see another correction or we might not see one. ETF is on perfect timing and many investors are into it already, I’m confident and bullish that bitcoin can still hit $100k before the year end.

AmoreJaz

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Quote from: ?? on ??

Bitcoin momentum is upward and it continues with new surprises for investors. Today Bitcoin has reached its ATH. Which is really awesome. Many were waiting for this day, but the journey was not over. The prediction is that this is going to high smoothly. We will see the price of bitcoin 100k very soon.

it may further increase as more crypto related ETFs may be approved in the next coming months. but expect that there may be a slight dump because some will sell their assets because they are already in profit. but i don't think it will go down much.
so high likely there will be newcomers again as they see that the price of btc is rising again. they should know the risks involved. we can't always expect the continuous rise in the market. at some point, it will decline a lil bit. more adoption is coming...

henmark

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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.

No, it is a highly expected one. Because in all the bull runs of bitcoin market, October month must be more exciting with strong bullish actions and this year is not an exception for that. I believe that we are not going to stop at the any nearby price levels but we are going to leap beyond $100k levels with this current bullish wave itself. There could be some short term pull backs but definitely no room for any more 50% kind of corrections until end of this year. So, get ready to have another new ATH for everyday here after until end of this year.

Ultegra134

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Quote from: DdmrDdmr on October 20, 2021, 09:19:36 AM

The new ATH was just a matter of time these days, and we’ll probably need to update the figure over the coming hours/days (~~or not …~~).

Bitfinex currently makes it 66.232 $, and Coinmarketcap 66.208,88 $.

https://data.bitcoinity.org/markets/price/1h/USD?c=e&r=minute&t=l (rounded numbers)

Exmo seems unreliable as a reference, and is an outlier vs the remaining listed exchanges in the above chart.

Edit: 66.9K$ now ..

Almost reached $67,000, was only a few dollars sort, $66,940 to be exactly, according to CoinMarketCap. However, I didn't expect such a significant rise, at least not yet. I was positive that the new all-time high would soon occur, but I'd predict somewhere close to end of December, right before Christmas holidays, towards the end of the year.

Lucius

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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.

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.

Jating

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Quote from: yazher on October 20, 2021, 09:25:49 AM

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.

It's nice to see such a scene where you won't really know that it will gonna happen again especially when it was only more than $40k+ last few weeks and now it's making another ATH where it has never stopped yet and potentially could go even higher than this. I think just by the end of this month, we will see A max ATH again or a higher price that would make it stable at the top about $70k to $80k+.

Or <$30k a few months after that. So waking up, in whatever timezone you are and seeing a new all time high? Priceless. I just show my wife the current price and she was shock to see that we hit a new all time high. So we are still on track of the 6 digits target this December. And probably if we hit $70k this month, the FOMO will spill till November when we have another big news that is coming - Taproot rolling out. So everything is good right at this point and next month.

sirminesalot

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Quote from: rugrats on October 20, 2021, 11:09:24 AM

Great, this is great news BTC has reached a new ATH of 66k, this is the expectation of many investors and I believe BTC will continue to make new ATH in the near future. Today is the day I'm glad I've been holding BTC for a while, now it's time to enjoy my waiting and patience. I believe BTC will reach 100k$ value soon in the near future.

Watch out the price movement, don't be lulled about the price chart moving higher in a long run. Usually after a long rally to the top, the price sometimes trapped the investors who are too sure about their decision and the whale started to take profits by selling bags of bitcoin and the price continue to drop.
There will be always correction before the price going higher, let alone going to 100k. Make sure to place a stop loss if we save our btc in an exchange

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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.

Great, this is great news BTC has reached a new ATH of 66k, this is the expectation of many investors and I believe BTC will continue to make new ATH in the near future. Today is the day I'm glad I've been holding BTC for a while, now it's time to enjoy my waiting and patience. I believe BTC will reach 100k$ value soon in the near future.

pawanjain

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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.

I am very happy this time because just a few months ago bitcoin was at $30k and it has recovered fully and now breaking the ATH.
This is more than 100% gains in just a 3 months. I am really happy because bitcoin has recovered from the correction very quickly this time.
Currently its at $67k and I don't think it will settle here. In the next few days we might see it crossing $70k as well.
The target of $100k by December also seems achievable to me.

TinaK

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Quote from: Findingnemo on October 20, 2021, 10:51:26 AM

Out of curiosity $100K is still possible?

How many of you guys are expecting to reach the huge milestone of 100K by this year itself.

No doubt for me, bitcoin will reach that amount and it could be next year. This was already an anticipated event.
I can't imagine that bitcoin was surpassed the previous within a year months only. As we remember bitcoin previous this year and I think was in July and now at the beginning of the last quarter, we break the previous ATH.

I think the reason is that we have a lot of good news that happens and one of that is in ETF approval.

Findingnemo

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Good thing is the price is still increasing and now we are at $66750 based on the preev result.

Out of curiosity $100K is still possible?

How many of you guys are expecting to reach the huge milestone of 100K by this year itself.

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