When do we really note it for Bitcoin ATH

Bravut

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Quote from: JiiBs on April 18, 2024, 05:52:18 AM

So I want to keep this really Brief but,

I was just reading some threads as I do often on the forum and I noticed a thread that talks about Bitcoin ATH and even so, recognizes that Bitcoin is still climbing. Of course it might be an ATH given that, it already broke the existing at the time. Even so, we know that it’s not going to be hooked there and price appreciation is still going to continue pushing for more.

So, exactly when can we have declare an ATH to be?
Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!

We can only have a new ATH after price has crossed the previous one formed which is $73,000. In as much as price hasn't crossed it, the price still act with that as a resistance until it's breached, though we are speculating price to form a new ATH in this bull run. There is only one ATH for now, wether it holds for a long time or not once it sweeps it, a new ATH is formed.
We just need to watch how the market moves, probably after the halving we know the new ATH.

dezoel

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Quote from: EL MOHA on April 24, 2024, 04:55:02 PM

The highest price is the ATH, so as long as bitcoin price continues to beat a new high then it is the ATH. Just like you it is better people don’t get to focus on the next all time but rather do your research to predict how high the market can go or if you can not do same research due to lack of knowledge, you might as well look at past history of the price of bitcoin and then accumulate. When it’s down to taking of profit, my advice is one should just set a price target that looks realistic for them and take profits there. Waiting for a certain high price could create a missed opportunity.

I will be confident to say most investors that took profit in the last bull run many of them didn’t take it at that $69k most would have taken their profits before then, which to me is still good rather than regretting not taking any at all due to waiting for ATH

We invest because of profits, so I think it's not bad to focus on the ATH. Also the research you are telling there, does not differ to it. Doing an overall research is good but if it's only about how high the market can go, that would be none-sense because there is no way to tell it.

Checking the price history is interesting. It can give us an idea about what BTC had achieved but again I won't use it like a pattern to tell the next move of BTC because I could be waiting in vain only. Apart from statistics, I think luck can also be applied here. If one is like that, their beliefs and solid patience can still get compensated which can also encourage them to do it again.

aoluain

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Quote from: JiiBs on April 18, 2024, 05:52:18 AM

So, exactly when can we have declare an ATH to be?
Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!

After the Bull market has ended.

Historically 12 months approximately after the halving is when the Bull market has ended
and the Bear market begins, its has been part of Bitcoins 4 year cycle.

or when the market falls for a certain length of time. ATM we can refer to Bitcoins ATH as
~$73,000

If you want to know specifically when that happens - nobody is going to be able to
tell you that. There are only two certainties in life 'Death and Taxes'

justdimin

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Quote from: adultcrypto on April 26, 2024, 09:17:21 AM

I view your question in two ways one being from the point of you not knowing what bitcoin ATH mean and the other being you wanting a clarification on how to know it before hand. For the first part, bitcoin ATH simply means the point bitcoins records a high it has not recorded before. For now the ATH of bitcoin is $73,738. On the aspect of knowing the ATH before it happens, I don't think there is anyone that can know that with accuracy. The best people do is to predict using past data and gauging the market momentum combined with the news and development within the bitcoin ecosystem. Even with all these tools, it is still impossible to know what the ATH will be before it happens.

To be fair, a situation where we end up with a "prediction" regarding all time high, is literally the speculation that we all make here. This is the forums speculation part, and when you say it will go up or down, you make a speculation, when you say it will be 100k in 2 years, you make a speculation, when anyone says "I believe we will break ATH price in 6 months" they are making a speculation.

You do not have to know it, nobody knows it, but just because we do not "know" it, does that mean we can't trade? Trading is literally turning the speculation into execution and that means we are going to end up with a greater return and that's the most important part. I think this is why we need to realize that things aren't always that easy and just have to go with the flow even if we don't know.

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Quote from: AnonBitCoiner on April 20, 2024, 07:48:07 PM

During every halving price of Bitcoin crossed previously created ATH and now halving has been initiated so there will be no sudden effects of halving but the market will dump and after which pumping will happen so don't think that if price has not surged yet then it will not increase anymore.

The previous ATH was 69k$ and before halving Bitcoin has already touched 73k$ so it is assumed that Bitcoin will increase further and will go higher than these two values. however it is still very difficult that when we will see another ATH and also we don't know about the value of new ATH but possibly it will be 100k$ or more than this.

As we all saw Bitcoin had already crossed its last all-time high and made a new all-time high before Halving.
Looking at Bitcoin's history, everyone is very optimistic that Bitcoin will touch $80K, $90K, or $100K very soon, but looking at the current movement of Bitcoin, it can be said that all this may take a long time.

For those who can hold BTC for a long time, this is still a suitable time to buy and save bitcoins, but for those who cannot hold their BTC for a long time under any circumstances, so this would not be a good time to buy Bitcoin for them because they will have to sell them back after some time and this might not be a profitable deal for them.

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Quote from: adultcrypto on April 26, 2024, 09:17:21 AM

I view your question in two ways one being from the point of you not knowing what bitcoin ATH mean and the other being you wanting a clarification on how to know it before hand. For the first part, bitcoin ATH simply means the point bitcoins records a high it has not recorded before. For now the ATH of bitcoin is $73,738. On the aspect of knowing the ATH before it happens, I don't think there is anyone that can know that with accuracy. The best people do is to predict using past data and gauging the market momentum combined with the news and development within the bitcoin ecosystem. Even with all these tools, it is still impossible to know what the ATH will be before it happens.

Simply put, every time Bitcoin records a price above the previous highest price, it will be called a new ATH. So when do we expect bitcoin to hit its new ATH? This is a question that is basically difficult to answer with certainty, of course because we never know the future.

A new ATH can be expected when bitcoin gains higher interest over time. The soaring demand for bitcoin makes the price even higher, but of course there is time you have to set aside to wait for the time to arrive. A bullrun can be expected after the halving, but prices do not rise as fast as imagined without the support of large investors and other positive things.

adultcrypto

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I view your question in two ways one being from the point of you not knowing what bitcoin ATH mean and the other being you wanting a clarification on how to know it before hand. For the first part, bitcoin ATH simply means the point bitcoins records a high it has not recorded before. For now the ATH of bitcoin is $73,738. On the aspect of knowing the ATH before it happens, I don't think there is anyone that can know that with accuracy. The best people do is to predict using past data and gauging the market momentum combined with the news and development within the bitcoin ecosystem. Even with all these tools, it is still impossible to know what the ATH will be before it happens.

Kelward

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My understanding of Bitcoin price ATH is anytime when price exceeds the highest price of Bitcoin, before it starts to dump, meaning that anytime price increases more than the previous ATH then we'll see a new ATH, the ATH will continue until price begins to dip. Ofcourse ATH normally happens during bull runs, that is when we see a price surge that can exceed the previous ATH, so I'm quite optimistic that we can see a price ATH of $100k in this year, then in the peak of the bull run next year, price can exceed $150k ATH, before dip will start to happen, this is my speculation.

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Quote from: JiiBs on April 18, 2024, 05:52:18 AM

So, exactly when can we have declare an ATH to be?

Exactly? It is not a term we use here, the market is unpredictable.
We just knew it after. So these people are talking about ATH, they do not even know when it comes but just purely speculation based on the market history and previous ATH. But most of us believe it comes a few months after halving just like it happened last 2021.

Quote

Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!

We have already reached $71k, if there is no more pump beyond that price...that will be considered as the NEW ATH after surpassing the $69k in the last 2021. But I was not losing hope because as long as we are still the bull season, nothing is impossible knowing the fact that there are of factor that affect the price trend.

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Quote from: EL MOHA on April 24, 2024, 04:55:02 PM

The highest price is the ATH, so as long as bitcoin price continues to beat a new high then it is the ATH. Just like you it is better people don’t get to focus on the next all time but rather do your research to predict how high the market can go or if you can not do same research due to lack of knowledge, you might as well look at past history of the price of bitcoin and then accumulate. When it’s down to taking of profit, my advice is one should just set a price target that looks realistic for them and take profits there. Waiting for a certain high price could create a missed opportunity.

I just woke up because I was tired of following a few lessons left behind.
Thank You. Your specluation is good, but for you to use it yourself.

I understand what ATH is. I am not trading that forced me to have to do research to predict prices. I just want to enjoy every situation and market condition casually so that for now however the situation is not a problem for me.

If my goal is to benefit Bitcoin by trading, of course I will learn how to do the best for me. But I want the bitcoin that I have in my own way and I will not trade with Bitcoin.
You are not too smart in the field of reading when the best situation to take advantage. Other traders out there are also not always profitable in trading.

So, do not call buying when the price is low and hold before selling when the price is high to show someone is great in the field because I have often found the sentence statement in many opportunities that I have read.

Coyster

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OP this is not rocket science and there is no need for you to try to bring in any extra meaning or anything of that sort, Bitcoin's highest ever price at a particular time is its all time high. If the price rises and breaks the previous ATH, a new one is set and so on, and we could prolly see an ATH as high as $100k this year, or even more.

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Quote from: AprilioMP on April 24, 2024, 03:32:27 AM

Whenever it comes, it won't be a problem for me at all because I'm still very relaxed with the way things are now and would be happy if I could experience a new ATH, whether it's $100k or more. I'm just thinking about how fees can return to normal so that all business can run smoothly.
I don't think it has any influence with some of the previous ATHs that have occurred. Once things happen, nothing will be able to stop them.

The highest price is the ATH, so as long as bitcoin price continues to beat a new high then it is the ATH. Just like you it is better people don’t get to focus on the next all time but rather do your research to predict how high the market can go or if you can not do same research due to lack of knowledge, you might as well look at past history of the price of bitcoin and then accumulate. When it’s down to taking of profit, my advice is one should just set a price target that looks realistic for them and take profits there. Waiting for a certain high price could create a missed opportunity.

I will be confident to say most investors that took profit in the last bull run many of them didn’t take it at that $69k most would have taken their profits before then, which to me is still good rather than regretting not taking any at all due to waiting for ATH

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Quote from: FinePoine0 on April 23, 2024, 11:55:27 PM

The price of Bitcoin is uncertain so it goes up and down all the time. The longer we stay in a bull market, the more bitcoin prices will continue to advance. But most bull runs only need to be recorded when bitcoin prices reach their highest levels, as the bull market season that follows each halving is when bitcoin prices hit their highest highs.

Bitcoin price volatility is a constant, with fluctuations occurring regularly. Extended periods of bullish market sentiment drive prices upwards. However, significant price surges are typically observed during peak levels, especially following halving events. These halving events, reducing miner rewards, often coincide with periods of peak market performance, leading to the highest recorded Bitcoin prices.

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Quote from: JiiBs on April 18, 2024, 05:52:18 AM

-snip-

So, exactly when can we have declare an ATH to be?
Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!

ATH is not particularly about how long that the new highest price have stayed on the top for but the prove that it is actually summounted the existing or previous highest price. So if it is only for few hours so long it as been recorded that there is a new price that was just hit for the first time ever in the history and chart or graph of bitcoin price then that stands as the ATH. This is how it is known and not about the duration of time it lasted being the highest price. So you can have ATH today and tomorrow another ATH is achieved or reached.

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Quote from: Negotiation on April 24, 2024, 09:03:48 AM

Quote from: MiF on April 24, 2024, 12:46:21 AM

ATH means all time high so when the btc rise up above the past high price , we can considered it all time high we can monitor the price in so many exchange and there are also some price tracking apps, so there is no problem on tracking the current price the problem is we don't know when BTC will drop down drastically and we will end up losing if we don't have patience to hold.

It is true that bitcoin investment requires patience even if the price of bitcoin goes down those who can wait patiently will reap good profits. The stupidity of selling will rise again even if the price goes down. Bitcoin is reaching its all time high and creating incredible milestones for the cryptocurrency industry with bitcoin's new ATH.

Yeah being patient enough must be too hard for most investors, normally if it was something that goes up small by small, like for example gold does require a lot of time to go up a lot, you will have to spend a lot of time and that has to be the most important thing, and we should definitely consider the situation changing at all times. I personally believe that the best thing to do in this case would be basically arranging bitcoin to be straight forward if it was just patience.

However, the difference is that, while bitcoin may go up more than gold, it could also have a period where it crashes in the middle, meaning while you wait, you see it crash many times, and then you get richer, so it is a lot more emotionally damaging to keep holding it, and makes people scared.

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Quote from: MiF on April 24, 2024, 12:46:21 AM

Quote from: JiiBs on April 18, 2024, 05:52:18 AM

So I want to keep this really Brief but,

I was just reading some threads as I do often on the forum and I noticed a thread that talks about Bitcoin ATH and even so, recognizes that Bitcoin is still climbing. Of course it might be an ATH given that, it already broke the existing at the time. Even so, we know that it’s not going to be hooked there and price appreciation is still going to continue pushing for more.

So, exactly when can we have declare an ATH to be?
Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!

ATH means all time high so when the btc rise up above the past high price , we can considered it all time high we can monitor the price in so many exchange and there are also some price tracking apps, so there is no problem on tracking the current price the problem is we don't know when BTC will drop down drastically and we will end up losing if we don't have patience to hold.

It is true that bitcoin investment requires patience even if the price of bitcoin goes down those who can wait patiently will reap good profits. The stupidity of selling will rise again even if the price goes down. Bitcoin is reaching its all time high and creating incredible milestones for the cryptocurrency industry with bitcoin's new ATH.

retreat

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Quote from: JiiBs on April 18, 2024, 05:52:18 AM

-snip-

So, exactly when can we have declare an ATH to be?
Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!

It doesn't matter even if the price only lasts 1 minute or less, if the latest price passes the previous ATH, then it can be considered a new ATH. For example, currently the price of Bitcoin is around 66k USD, and the previous ATH was 73k USD, if the price of Bitcoin tomorrow is 74k USD or more than that, then that can be considered a new ATH for Bitcoin - because what matters is not how long the price lasts , but how the latest price is more than the previous ATH.

AprilioMP

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Quote from: JiiBs on April 18, 2024, 05:52:18 AM

So, exactly when can we have declare an ATH to be?
Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!

There is no right answer from me to declare a new ATH other than try to get more Bitcoin and hold until the all-time high price is reached.
People speculate that ATH will occur after the halving, but before the halving, to be precise, several months ago the previous ATH was solved and gave birth to a new ATH, even if only for a moment and now the price is below the previous ATH.

Whenever it comes, it won't be a problem for me at all because I'm still very relaxed with the way things are now and would be happy if I could experience a new ATH, whether it's $100k or more. I'm just thinking about how fees can return to normal so that all business can run smoothly.
I don't think it has any influence with some of the previous ATHs that have occurred. Once things happen, nothing will be able to stop them.

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Quote from: JiiBs on April 18, 2024, 05:52:18 AM

So I want to keep this really Brief but,

I was just reading some threads as I do often on the forum and I noticed a thread that talks about Bitcoin ATH and even so, recognizes that Bitcoin is still climbing. Of course it might be an ATH given that, it already broke the existing at the time. Even so, we know that it’s not going to be hooked there and price appreciation is still going to continue pushing for more.

So, exactly when can we have declare an ATH to be?
Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!

ATH means all time high so when the btc rise up above the past high price , we can considered it all time high we can monitor the price in so many exchange and there are also some price tracking apps, so there is no problem on tracking the current price the problem is we don't know when BTC will drop down drastically and we will end up losing if we don't have patience to hold.

FinePoine0

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Quote from: JiiBs on April 18, 2024, 05:52:18 AM

So I want to keep this really Brief but,

I was just reading some threads as I do often on the forum and I noticed a thread that talks about Bitcoin ATH and even so, recognizes that Bitcoin is still climbing. Of course it might be an ATH given that, it already broke the existing at the time. Even so, we know that it’s not going to be hooked there and price appreciation is still going to continue pushing for more.

So, exactly when can we have declare an ATH to be?
Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!

The price of Bitcoin is uncertain so it goes up and down all the time. The longer we stay in a bull market, the more bitcoin prices will continue to advance. But most bull runs only need to be recorded when bitcoin prices reach their highest levels, as the bull market season that follows each halving is when bitcoin prices hit their highest highs.

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