What if $70k was Bitcoin ATH for the year?

Sayeds56

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Quote from: virasog on December 23, 2021, 03:20:46 AM

Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or would you be glad you bought when the market did a retracement? Or you are still staring at Bitcoin with some sentiment

Even if Bitcoin is unable to cross 70,000$ this year, there is nothing to regret. As things are turning up, I can easily see bitcoins crossing hundred thousand dollar in early 2022.
I am hopeful for 2022, as I see this will bring the true bull run.

how can you see that the price of Bitcoin will be hundreds of thousands in early 2022?
that's a very fantastic knowledge that you have, whereas right now we are in a bear market that no one knows how long this will end. All speculation I think is reasonable, but it's just speculation that is not necessarily going to happen. maybe we should say that the market will recover but we all don't know when that will happen.
if seen from what has happened Bitcoin always grows to its peak price and can always recover but time will recover no one knows. it's all like in 2018 where there was a lot of speculation that the price of Bitcoin would be high in 2019-2020 but it never came.

Bitcoin price is consistency on decline since it hit it ATH back in November, 21. When we look at the broader picture of Financial markets, the tighter money supply and fear of interest rate increase is negatively impacting all markets including Bitcoin. In view of the foregoing we can predict that Bitcoin will remain side ways for many months to come and it is unlikely that it will hit new ATH in the near future.

pauloaragaomelo

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Quote from: noormcs5 on January 20, 2022, 05:56:31 AM

69,000 was the all time high for 2021. I hope this all time high is broken in this year. We really don't want to see new lows. As per many experts, this may be the year of bull run as it seems that bull cycle is extended.
But for all these good scenarios, bulls desperately need to push the prices higher from 42k.

The market lows will follow the situation from the daily news updates although no one from the community wants the crypto market to fall below $40k but chances are it will happen after bitcoin lows at $39k early January, the market needs a period of falling and boring before bullish for the price all-time highs expect in this year.

noormcs5

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Quote from: 24Kt on January 19, 2022, 05:59:30 PM

Quote from: yohananaomi on January 19, 2022, 02:27:42 AM

Quote from: rahmatrf331 on December 21, 2021, 10:30:48 AM

Bitcoin's new ATH peak in 2021 is very clear at $68k and failed to break through $70k. 2022 is still waiting for the day, so don't expect any new ATH in 2021. bitcoin continues to be bearish currently at a low of $45k and holding between $45k - $49k.

yes, ATH $69,044.77 - Nov 10, 2021 and it's been proven that the long-standing prediction that bitcoin will hit $100K by the end of the year didn't come true. even now bitcoin is experiencing a fairly deep correction and is very worrying. expect bitcoin to remain stable in the range above $40K and not fall below it.

The best hope is that at the end of January there will be a gradual increase so that in February it is hoped that a new ATH will be formed again. The unfulfilled desire to make it at $100K will soon be realized this year.
many expect that bitcoin will start to improve this year, and we are waiting to see if it will materialize or for a deeper correction.

We are just starting this year so there's a lot to grow for bitcoin's price. Last year, btc started in the 30k range in Jan 2021, but this year, we started in the $45k+ level. So there's already a good leap and we have a good start. I'm very optimistic with what may possibly happen in the next coming months. So before it crosses to another ATH, better prepare for it before you regret the chance that you haven't taken any action yet.

69,000 was the all time high for 2021. I hope this all time high is broken in this year. We really don't want to see new lows. As per many experts, this may be the year of bull run as it seems that bull cycle is extended.
But for all these good scenarios, bulls desperately need to push the prices higher from 42k.

Kemarit

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Quote from: 24Kt on January 19, 2022, 05:59:30 PM

Quote from: yohananaomi on January 19, 2022, 02:27:42 AM

Quote from: rahmatrf331 on December 21, 2021, 10:30:48 AM

Bitcoin's new ATH peak in 2021 is very clear at $68k and failed to break through $70k. 2022 is still waiting for the day, so don't expect any new ATH in 2021. bitcoin continues to be bearish currently at a low of $45k and holding between $45k - $49k.

yes, ATH $69,044.77 - Nov 10, 2021 and it's been proven that the long-standing prediction that bitcoin will hit $100K by the end of the year didn't come true. even now bitcoin is experiencing a fairly deep correction and is very worrying. expect bitcoin to remain stable in the range above $40K and not fall below it.

The best hope is that at the end of January there will be a gradual increase so that in February it is hoped that a new ATH will be formed again. The unfulfilled desire to make it at $100K will soon be realized this year.
many expect that bitcoin will start to improve this year, and we are waiting to see if it will materialize or for a deeper correction.

We are just starting this year so there's a lot to grow for bitcoin's price. Last year, btc started in the 30k range in Jan 2021, but this year, we started in the $45k+ level. So there's already a good leap and we have a good start. I'm very optimistic with what may possibly happen in the next coming months. So before it crosses to another ATH, better prepare for it before you regret the chance that you haven't taken any action yet.

But if we went full year of bearish trend, then there will be no growth at all, on the contrary the price will continue to down. You can't compare the beginning of last year because it is obvious that we are still just in the beginning of a bullish market that reaches new all time high at $69,000.

Things are different now, and it seems that the bear market has taken over.

So I don't expect big things to happen right now so that I won't get disappointed at the end.

24Kt

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Quote from: yohananaomi on January 19, 2022, 02:27:42 AM

Quote from: rahmatrf331 on December 21, 2021, 10:30:48 AM

Bitcoin's new ATH peak in 2021 is very clear at $68k and failed to break through $70k. 2022 is still waiting for the day, so don't expect any new ATH in 2021. bitcoin continues to be bearish currently at a low of $45k and holding between $45k - $49k.

yes, ATH $69,044.77 - Nov 10, 2021 and it's been proven that the long-standing prediction that bitcoin will hit $100K by the end of the year didn't come true. even now bitcoin is experiencing a fairly deep correction and is very worrying. expect bitcoin to remain stable in the range above $40K and not fall below it.

The best hope is that at the end of January there will be a gradual increase so that in February it is hoped that a new ATH will be formed again. The unfulfilled desire to make it at $100K will soon be realized this year.
many expect that bitcoin will start to improve this year, and we are waiting to see if it will materialize or for a deeper correction.

We are just starting this year so there's a lot to grow for bitcoin's price. Last year, btc started in the 30k range in Jan 2021, but this year, we started in the $45k+ level. So there's already a good leap and we have a good start. I'm very optimistic with what may possibly happen in the next coming months. So before it crosses to another ATH, better prepare for it before you regret the chance that you haven't taken any action yet.

yohananaomi

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Quote from: rahmatrf331 on December 21, 2021, 10:30:48 AM

Bitcoin's new ATH peak in 2021 is very clear at $68k and failed to break through $70k. 2022 is still waiting for the day, so don't expect any new ATH in 2021. bitcoin continues to be bearish currently at a low of $45k and holding between $45k - $49k.

yes, ATH $69,044.77 - Nov 10, 2021 and it's been proven that the long-standing prediction that bitcoin will hit $100K by the end of the year didn't come true. even now bitcoin is experiencing a fairly deep correction and is very worrying. expect bitcoin to remain stable in the range above $40K and not fall below it.

The best hope is that at the end of January there will be a gradual increase so that in February it is hoped that a new ATH will be formed again. The unfulfilled desire to make it at $100K will soon be realized this year.
many expect that bitcoin will start to improve this year, and we are waiting to see if it will materialize or for a deeper correction.

virasog

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Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or would you be glad you bought when the market did a retracement? Or you are still staring at Bitcoin with some sentiment

Even if Bitcoin is unable to cross 70,000$ this year, there is nothing to regret. As things are turning up, I can easily see bitcoins crossing hundred thousand dollar in early 2022.
I am hopeful for 2022, as I see this will bring the true bull run.

rahmatrf331

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Bitcoin's new ATH peak in 2021 is very clear at $68k and failed to break through $70k. 2022 is still waiting for the day, so don't expect any new ATH in 2021. bitcoin continues to be bearish currently at a low of $45k and holding between $45k - $49k.

Yaunfitda

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Quote from: STT on December 20, 2021, 05:16:44 PM

My immediate thoughts on the new ATH and then it trading underneath that would be that market disappointment would lead to selling. To break upwards but not hold it did seem bearish to me, of course we never know if the falter is just temporary or more of a regular pattern unfolding. Now its had the trend down we have to conclude further revision of prices since July low must occur before proper upper BTC development can occur. Stability in pricing is a positive in the end, its best not to rise uncontrollably as it will only collapse and do far more damage.
Right now the price action is steady even while negative its better this way then rapid changes that cause long term uncertainty and fear of holding, you can exit here any time or not fear too much to just buy and wait.

A lot of uncertainty right now, I'm sure there are some investors thinking of selling and probably buy when the price goes down. On the other hand, there could be investors just wanting to hold and not do anything stupid. Yes, it's stable and any break out run could occur, but it's really base on the sentiments on the market and currently it looks bearish to me.

STT

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My immediate thoughts on the new ATH and then it trading underneath that would be that market disappointment would lead to selling. To break upwards but not hold it did seem bearish to me, of course we never know if the falter is just temporary or more of a regular pattern unfolding. Now its had the trend down we have to conclude further revision of prices since July low must occur before proper upper BTC development can occur. Stability in pricing is a positive in the end, its best not to rise uncontrollably as it will only collapse and do far more damage.
Right now the price action is steady even while negative its better this way then rapid changes that cause long term uncertainty and fear of holding, you can exit here any time or not fear too much to just buy and wait.

BITCOIN4X

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Quote from: ReiMomo on December 20, 2021, 01:14:42 PM

The correction is going on and yes it would take a bit more time to recover and I am sure by next Feb 2022, the growth will be back again and might reach the ATH $70K. Lets see

If previously people predicted the end of 2021 was the peak of bitcoin (ATH) rise, then today it seems they are starting to realize that they are in a bearish phase (correction).

It takes optimism when it comes to investing, but I just emphasize that never ignore the risk of volatility. Institutional investors can do anything with their funds because they put bitcoin as a hedge and they have a large reserve of money in the company. So whatever makes us influenced by them then we must not ignore the risk. The correction is still ongoing, now $46K. Next year can still be expected for ATH, of course.

ReiMomo

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Quote from: bengsabeng on December 20, 2021, 10:01:14 AM

Quote from: akar87 on December 20, 2021, 07:26:08 AM

Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or would you be glad you bought when the market did a retracement? Or you are still staring at Bitcoin with some sentiment

At least it will make me happy and smile big if the bitcoin price reaches a new ATH at $70k because it can add value to my portfolio, but for this year which only has 11 days left I'm not sure that the bitcoin price can touch that level because usually at the end years investors will save their assets into USD Stablecoins rather than investing in bitcoin.

because towards the end of the year the price of bitcoin tends to fall? I think only a small percentage of investors do that.
Not all investors think that way because price declines do not always occur towards the end of the year because in 2017 the price increases occurred towards the end of the year.

Everyone here will be much happier when they see BTC hits its next ATH in the same year. As other altcoins follow Bitcoin's growth, those who invested in altcoins will be yes the happiest ones to see their funds growiing with profits. But the current sitation is vice versa. The correction is going on and yes it would take a bit more time to recover and I am sure by next Feb 2022, the growth will be back again and might reach the ATH $70K. Lets see

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Quote from: akar87 on December 20, 2021, 07:26:08 AM

Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or would you be glad you bought when the market did a retracement? Or you are still staring at Bitcoin with some sentiment

At least it will make me happy and smile big if the bitcoin price reaches a new ATH at $70k because it can add value to my portfolio, but for this year which only has 11 days left I'm not sure that the bitcoin price can touch that level because usually at the end years investors will save their assets into USD Stablecoins rather than investing in bitcoin.

because towards the end of the year the price of bitcoin tends to fall? I think only a small percentage of investors do that.
Not all investors think that way because price declines do not always occur towards the end of the year because in 2017 the price increases occurred towards the end of the year.

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Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or would you be glad you bought when the market did a retracement? Or you are still staring at Bitcoin with some sentiment

In my opinion, we can say with certainty that 2021 was very successful for Bitcoin and the entire cryptocurrency market. It's a pity that BTC didn't reach our dream $100k, but I'm sure it will happen sooner or later. Of course, everyone would like to earn as much as possible, but I am happy with how Bitcoin and the entire cryptocurrency market are developing.

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Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or would you be glad you bought when the market did a retracement? Or you are still staring at Bitcoin with some sentiment

At least it will make me happy and smile big if the bitcoin price reaches a new ATH at $70k because it can add value to my portfolio, but for this year which only has 11 days left I'm not sure that the bitcoin price can touch that level because usually at the end years investors will save their assets into USD Stablecoins rather than investing in bitcoin.

bitterguy28

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Quote from: Frengki_cisco on December 14, 2021, 11:05:26 PM

Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.

I am very satisfied for the Bitcoin ATH this time which coincides in 2021, $70k the highest moment in Bitcoin history since it was introduced to the wider community.

It's just that we need to wait for the next ATH to reach $150k, in the next 4 years.

Wrong , Bitcoin did not ever reached 70 till this very moment , instead almost 69,000 is the highest or the ATH now.

But like you and majority of the posters , I am also satisfied in how much climbing Bitcoin did this year alone.
Imagine multiple ATH had been recorded since the first quarter and also each quarter there are new record of ATH .
i think that if we may pass this December , the following years again will make a great increase .

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Quote from: Kemarit on December 17, 2021, 09:08:12 PM

Quote from: Frengki_cisco on December 14, 2021, 11:05:26 PM

Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.

I am very satisfied for the Bitcoin ATH this time which coincides in 2021, $70k the highest moment in Bitcoin history since it was introduced to the wider community.

It's just that we need to wait for the next ATH to reach $150k, in the next 4 years.

Of course, we should be thankful that we have reach almost $70,000 as our new all time high, 4 years ago it was almost $20,000. So you do the math and what will be in the next 4 years.

I just put aside reaching 6 digits this year or next year, maybe it will happen but we just have to wait for it and not expect it to suddenly pop out. It's better a slow and sure grind to $100,000 or more in the next 4 years.

at the time of writing the thread, I think the bitcoin price is very close to $70k, and people want to see a $100k price. however, right now, even i also hope the price can reach $70k, it's just that it's very difficult for now.
however, when the bitcoin price could hit $70k by the end of the year, it's a very very satisfying service to hold on to. this will affect the prices of altcoins. however, even when bitcoin's price hits $60k, I think, that's pretty satisfying for now, and pretty good for the start of 2022.

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Quote from: Frengki_cisco on December 14, 2021, 11:05:26 PM

Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.

I am very satisfied for the Bitcoin ATH this time which coincides in 2021, $70k the highest moment in Bitcoin history since it was introduced to the wider community.

It's just that we need to wait for the next ATH to reach $150k, in the next 4 years.

Bitcoin all time high this year is only $69,044, just a few dollars to reached it to $70k but unfortunately it didn't happen but it's okay because with the situation we are in now is the best to buy and hold it for the upcoming bull run probably early 1st quarter next year, let's just appreciate for now of how great bitcoin did us this year.
$150k in 4 years? Nah mate, it won't take that long to get that certain value. In fact, it's very possible that bitcoin will reach that value next year in 3rd or 4th quarter considering that bitcoin is extremely volatile so I think it's much better to hope that way.

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Quote from: LUCKMCFLY on December 17, 2021, 01:14:02 PM

Quote from: leea-1334 on December 07, 2021, 01:57:25 AM

But when was the uncertainty ever small when it comes to Bitcoin anyway right?

Yes, I agree with what you say, what happens is that it is almost a good night, and normally most people are waiting for the BTC market to take a huge bullish turn or jump, since since May, June, what more was said about him. It was this Christmas season, we have always known that the demand increases, and therefore we could expect the long-awaited increase in BTC, even with the S2F model it was expected this year at least it would reach $ 100k, and in some cases. Wall Street say it can reach $150k.

S2F model is famous because it is the most accurate model yet and although the person who created it admitted it was already off target for November, and it seems he says for December we are also falling away, I still think he is right about the 100k just maybe a year delayed.

Wall Street wants BTC to go 150000 you know,,, they realize Bitcoin strong correlation with stocks Wink

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Quote from: Frengki_cisco on December 14, 2021, 11:05:26 PM

Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.

I am very satisfied for the Bitcoin ATH this time which coincides in 2021, $70k the highest moment in Bitcoin history since it was introduced to the wider community.

It's just that we need to wait for the next ATH to reach $150k, in the next 4 years.

Of course, we should be thankful that we have reach almost $70,000 as our new all time high, 4 years ago it was almost $20,000. So you do the math and what will be in the next 4 years.

I just put aside reaching 6 digits this year or next year, maybe it will happen but we just have to wait for it and not expect it to suddenly pop out. It's better a slow and sure grind to $100,000 or more in the next 4 years.

Topic: What if $70k was Bitcoin ATH for the year? (Read 1181 times)