Will we see new ATH this year? - page 11.

John999

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Quote from: shield132 on October 04, 2021, 07:52:09 AM

This year was full of excitement, full of good things and full of the evil. We saw new ATH, we saw how one man manipulated the whole crypto market and we saw how one country fights it and how everyone wants to kill the bitcoin as an investment option because of its high volatility.

From the recent experience, every time we see bitcoin trying to surpass 50K and/or reach new all-time high, market somehow drops, if that doesn't happen then China tries to stop it's rise, every time it tries to stop bitcoin from surpassing 50K.

The fact is that the governments and/or other major financial sectors just don't want bitcoin to reach ATH again and they do everything for that but the bitcoin is still very, very bullish, like never before! What do you think, will we reach new ATH again despite a such resistance?

Everything is possible. But if it happens, it will be very short lived Wink

adzino

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Quote from: shield132 on October 04, 2021, 07:52:09 AM

This year was full of excitement, full of good things and full of the evil. We saw new ATH, we saw how one man manipulated the whole crypto market.

You mean Elon? Uhh.. we have been seeing influential people manipulating the market from the very beginning. And what makes you think he was actually manipulating the market? Are you talking about Tesla adding and removing bitcoin support? They had their reason to remove it. Are you talking about Elon and Doge? Maybe he really is interested in Dogecoin.

Quote from: shield132 on October 04, 2021, 07:52:09 AM

and how everyone wants to kill the bitcoin as an investment option because of its high volatility.

Who is this everyone you are talking about?

Quote from: shield132 on October 04, 2021, 07:52:09 AM

From the recent experience, every time we see bitcoin trying to surpass 50K and/or reach new all-time high, market somehow drops, if that doesn't happen then China tries to stop it's rise, every time it tries to stop bitcoin from surpassing 50K.

The fact is that the governments and/or other major financial sectors just don't want bitcoin to reach ATH again and they do everything for that but the bitcoin is still very, very bullish, like never before! What do you think, will we reach new ATH again despite a such resistance?

China isn't doing shit to the price. China has no affect on the market right now. Whatever damage they tried to do to the market, has already happened months/years ago and the price has already recovered (in fact not affected at all this time) from it. And no, who told you that the government and other financial institution are stopping bitcoin from reach ATH?

darewaller

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Quote from: Wawa2013 on October 08, 2021, 04:42:54 AM

Indeed, Bitcoin had previously risen above the price of $50k and not long after its price fell drastically. Even now Bitcoin's rise is fast enough to rise above $50k, and now Bitcoin is at $55k. So there is no guarantee that the price of Bitcoin will continue to rise to the next resistance level, there is a possibility that the price of Bitcoin will fall again. That is why we must continue to monitor Bitcoin movements as often as possible, because Bitcoin movements are indeed difficult to predict. I think if the price of Bitcoin this week can stay above the price of $50k, this seems like a good sign, there is a possibility based on my analysis Bitcoin in the next few weeks will approach the price of $ 60k. Especially if this month can rise above the price of $ 60k, it is most likely that Bitcoin prices will be more bullish and very likely to reach new ATH prices by the end of this year.

Stoploss could definitely do what you are saying. Anyone worried that bitcoin might crash again, could put up a stoploss at around 50k, or even higher if they feel brave and they could be doing a favor for themselves. Obviously it is not going to be that easy but it could still save you if it happens.

I believe that the crash will not happen anytime soon and I believe that we are going to be fine, but it is not a guaranteed thing so I do not know what to feel like, I can't give any advice without feeling guilty afterwards. However, stoploss is definitely a life savior, if you could use that then you could be braver because you would know that in the very worst situation you could end up just losing a bit and still get out as soon as it crashes.

Wawa2013

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Quote from: RealMalatesta on October 05, 2021, 11:58:32 AM

Quote from: Wawa2013 on October 05, 2021, 06:41:15 AM

Now finally Bitcoin has managed to reach the price of $50k, meaning Bitcoin is back on the right track. As you said, FUD from China has happened very often, and can't stop the Bitcoin price from going up. Bitcoin price will continue to move up, that's because many investors are used to FUD from
China, so investors not panic. If we look at the beginning of October, Bitcoin managed to rise to the price of $50k, it looks like early November Bitcoin should be able to return to the ATH price. And by the end of this year Bitcoin should have reached new ATH as many people had predicted. Therefore I will hold Bitcoin until the end of this year, and if I have extra money I will buy more Bitcoin. So when the end of the year Bitcoin price reaches new ATH, I can take profit.

I have to be honest; I really did not expect the price to reach 50k this quickly. However now the real test starts. Remember we were above 50k before and then crashed really hard, which shows that we are not really ready for another super uprising in the price neither, this is why we need to be very careful about what we are doing.

I personally believe that we should not be focusing on what happened but what could happen. If we go above 50k and stay there for a month, could go even higher or could just stay at 51k and not move I do not care as long as it stays above 50k for a month then we could be very happy. However just because it could become like 52k or even 55k doesn't mean that it will stay there for a long time, it means there is still a chance that it may crash again, we need to be careful. A new ATH may come or maybe it won't come, it depends on what happens next and not what happened so far.

Indeed, Bitcoin had previously risen above the price of $50k and not long after its price fell drastically. Even now Bitcoin's rise is fast enough
to rise above $50k, and now Bitcoin is at $55k. So there is no guarantee that the price of Bitcoin will continue to rise to the next resistance level,
there is a possibility that the price of Bitcoin will fall again. That is why we must continue to monitor Bitcoin movements as often as possible,
because Bitcoin movements are indeed difficult to predict. I think if the price of Bitcoin this week can stay above the price of $50k, this seems
like a good sign, there is a possibility based on my analysis Bitcoin in the next few weeks will approach the price of $ 60k. Especially if this month
can rise above the price of $ 60k, it is most likely that Bitcoin prices will be more bullish and very likely to reach new ATH prices by the end of this year.

Oceat

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Quote from: Oasisman on October 07, 2021, 05:34:19 PM

Bitcoin just eases after a huge upward swing and It seems like itst going to stabilise in $50,000 - $55,000 region.
It might be that short sellers sold at $55,000 and some other investors too. But I'm not sure If Bitcoin would still fall below $49,000 because everything is very bullish today.
Too many good things happening for Bitcoin today after the China FUD, though a new ATH this year is uncertain but it's more likely to happen as Bitcoin gradually closes the gap.

It will fall eventually the same that happens when Bitcoin was bullish on $48k after it stayed at $33k last month. But as long as people won't lose their hands from holding Bitcoin when the price starts to drop due to correction and less adoption then expect that it will come.

Some people aren't really a fan of bullish but when they do they release the FUD dog and the market soon will react but I was thinking if most investors are from China or not since for me, I don't consider China banning tactics as a FUD since they have done it so many times that I get used to it every time I hear about it. But for most people, they still fall for their traps and it makes me think that they were a Chinese investors.

Well, it doesn't matter now, since no matter what they do when they sold their coin someone will own it for them so it's their loss.

I am bullish in Bitcoin but expecting it to break a new ATH seems impossible if what I have noticed would be right then there won't be any $65k within this year. Some FUD and regulations will pull down the price eventually so I think we should be happy that Bitcoin reached this price again after some pullback.

Vaculin

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Winding down.

Quote from: sheenshane on October 04, 2021, 06:53:01 PM

There's a possible big impact when ETFs have been approving by the U.S. SEC and possible someone says we are on the road to a $100k Bitcoin price. So it means there's another possible ATH will come. As I heard, there are over 30 applications of base Bitcoin ETF waiting to be approved and for sure that will make Bitcoin skyrocketing the price.

That something it give hopes but even if it never get approval from the SEC, I believe the market will still have the chance to reach another ATH just like before.

Quote

Maybe the market now was struggled with the China FUD when it will recover and ETFs approval will come, the FUD will completely forget IMO.

No, that was not what I see. We even get stable and perhaps, prices come to high again after a short market correction. People are in a stronghold and hearing these FUDs coming from China has little to no effect at all.

Quote

For now, let's just wait for what will happen next and hoping that there is good news in Bitcoin, not all FUDs.

Exactly, we can't finger point where the market goes, there or there...It is just like we are guessing and most of us got to fail.

Oilacris

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Quote from: Kusman on October 07, 2021, 05:41:30 PM

Bitcoin price is on a very big run and I don't see any obstacle for it to reach a new all-time-high level even in this month. But this high increase in the price should be able to continue in the coming days and it shouldn't get stuck at a level for a long time. Otherwise, I might start thinking that it is having a difficulty in breaking the current resistance level.

Just too fast imho if we do say that we would really reach out new ATH but we do still have 2 months left for this year where nothing can be predicted whether we do stay up with these levels or would have
some significant movement of price.

Lets see on how this market moves in upcoming months because news and events do really happen unexpectedly which means that nothing is assured and
this would be a bumpy ride.

We would really be heading there but lets not rush on things.

Kusman

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Bitcoin price is on a very big run and I don't see any obstacle for it to reach a new all-time-high level even in this month. But this high increase in the price should be able to continue in the coming days and it shouldn't get stuck at a level for a long time. Otherwise, I might start thinking that it is having a difficulty in breaking the current resistance level.

Oasisman

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Bitcoin just eases after a huge upward swing and It seems like itst going to stabilise in $50,000 - $55,000 region.
It might be that short sellers sold at $55,000 and some other investors too. But I'm not sure If Bitcoin would still fall below $49,000 because everything is very bullish today.
Too many good things happening for Bitcoin today after the China FUD, though a new ATH this year is uncertain but it's more likely to happen as Bitcoin gradually closes the gap.

bitgolden

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Let's see what the next week will bring, that will be a big decider on what is going to happen. I believe that there is a good chance that we will see ATH if the price keeps going up this way. Of course, it doesn't have to bring ATH this week, that is not what I am saying, however if the price goes above $50k and stays there and reaches to $55k or something, then it means it is going up and there is a bull run going on.

If the bull run is here then we do not know how long that will last but I believe it could be ATH once again and for that to happen we need to first see what happens this week. I am really hopeful about the price right now, it is looking amazing and I honestly believe 100k in 2021 is still possible.

dimonstration

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Quote from: impulse709 on October 07, 2021, 11:29:10 AM

Let's all wait 3 months and we will know how high the bitcoin price will be by the end of the year. If bitcoin price doesn't break the last ATH and just stays below $50k or even $55k at current prices. but I still hope that BTC will make a new ATH by the end of this year because it is the only hope that I join to change my life for the better next year. the end of this year because it is the only hope that I join to change my life for the better next year.

The usual ATH happens December or before the year ends or start. We can’t underestimate Bitcoin whenever it reach ATH as we see from how it increase price al throughout its existence. But we must not put too much amount as the market is still volatile. It’s still better to not put all of our money in bitcoin and still have some savings if ever the market didn’t go the way we wanted it to be atleast we can wait till it happen, don’t be like those who put all their investments and have no choice but to withdraw even the market is at low. It happens to me last 2018 dump and I learned my lesson now. I still invest but left some for savings and small business.

impulse709

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Quote from: shield132 on October 04, 2021, 07:52:09 AM

This year was full of excitement, full of good things and full of the evil. We saw new ATH, we saw how one man manipulated the whole crypto market and we saw how one country fights it and how everyone wants to kill the bitcoin as an investment option because of its high volatility.

From the recent experience, every time we see bitcoin trying to surpass 50K and/or reach new all-time high, market somehow drops, if that doesn't happen then China tries to stop it's rise, every time it tries to stop bitcoin from surpassing 50K.

The fact is that the governments and/or other major financial sectors just don't want bitcoin to reach ATH again and they do everything for that but the bitcoin is still very, very bullish, like never before! What do you think, will we reach new ATH again despite a such resistance?

Let's all wait 3 months and we will know how high the bitcoin price will be by the end of the year. If bitcoin price doesn't break the last ATH and just stays below $50k or even $55k at current prices. but I still hope that BTC will make a new ATH by the end of this year because it is the only hope that I join to change my life for the better next year.

The Sceptical Chymist

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OK, so about 3 days ago I wrote this in this thread:

Quote from: The Sceptical Chymist on October 04, 2021, 05:46:43 PM

As I write this, bitcoin is moving toward $49k, which isn't bad, and I certainly wouldn't underestimate its volatility and rule out the possibility of surpassing its ATH by the end of the year. But do I think that's actually going to happen? I don't.

And now here we are with bitcoin at around $55k. This is exactly why I never underestimate how wild bitcoin's price swings can be, and in this particular case that volatility is a happy thing--and my doubt about it hitting a new ATH this year has lessened somewhat, though I still don't think it's likely.

I'm also sticking with my opinion that bitcoin moving above $63k by year's end would put it in bubble territory. So while everyone around here would be jumping for joy (and I'd probably at least be moving up and down on my heels), I'm not exactly hoping it'll happen. Too much, too soon is a real danger signal in any market.

ChiBitCTy

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I think we have a good chance of seeing a new all time high, and maybe much sooner than later. Of course we aren't all that far away from it right now. Lots of good news coming out each day, and more than enough good news to combat the negative stuff/haters..for the moment anyhow. You have to appreciate how fast everything bounced back after the whole "Elon meltdown". Even he quickly backed off his statements..shows you something.

Apes

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the pandemic seems to be easing the economic impulse should be getting more excited and it's still early october, there is still a chance for the next 3 months to reach a new ATH, 20-30% increase until the end of this year is still reasonable.
and usually November is the determinant of market conditions for end of year and 3 month after.

Spack17

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I can feel the footsteps of a new ATH for Bitcoin in this year. It can actually happen even in this month too. The price is already at $55k and it achieved this level in a very short time also. The biggest question is, "Will this rise in the market will continue for a long time?". If the answer turns out to be yes, then we will most probably see more than a new ATH in this year.

imstillthebest

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Quote

From the recent experience, every time we see bitcoin trying to surpass 50K and/or reach new all-time high, market somehow drops, if that doesn't happen then China tries to stop it's rise, every time it tries to stop bitcoin from surpassing 50K.

The fact is that the governments and/or other major financial sectors just don't want bitcoin to reach ATH again and they do everything for that

I don't think so but what happen recently in China can be a co incidence and if I'm not mistaken , the price of btc was under 50k during the time China declare the ban and if there's no ban that happen ,
there is still a chance that Bitcoin can't continue to increase because many people will try to sell when they see that btc is in its highest peak . It's still possible tho that btc can reach a new all time high and may not happen this year

iv4n

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Quote from: Bitstar_coin on October 06, 2021, 12:17:06 PM

Market is very unpredictable, it can change at anytime, but I would have really love it to see btc new ath by year end to create an historical moment again, right now the market looks very bullish although very hard to tell what will happen in few weeks to come, we can only patiently wait and see.

I have the same stand, the market is definitely unpredictable, but anyway I would like to see some new ATH... I still have some coins on long! I sold something a day ago at $48k, I thought it will be the top this time, but once again the price surprised me and just continue to grow! I am not sure what to expect next, so I am keeping my coins and my profit from the last trades... whatever the price decides to do I will be waiting!

Bitstar_coin

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Market is very unpredictable, it can change at anytime, but I would have really love it to see btc new ath by year end to create an historical moment again, right now the market looks very bullish although very hard to tell what will happen in few weeks to come, we can only patiently wait and see.

pawanjain

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Nothing lasts forever

Quote from: shield132 on October 04, 2021, 07:52:09 AM

This year was full of excitement, full of good things and full of the evil. We saw new ATH, we saw how one man manipulated the whole crypto market and we saw how one country fights it and how everyone wants to kill the bitcoin as an investment option because of its high volatility.

From the recent experience, every time we see bitcoin trying to surpass 50K and/or reach new all-time high, market somehow drops, if that doesn't happen then China tries to stop it's rise, every time it tries to stop bitcoin from surpassing 50K.

The fact is that the governments and/or other major financial sectors just don't want bitcoin to reach ATH again and they do everything for that but the bitcoin is still very, very bullish, like never before! What do you think, will we reach new ATH again despite a such resistance?

Ofcourse we will reach a new ATH this year. Matter of fact we might cross the ATH within this month since bitcoin is highly bullish these days.
Bitcoin just pumped a few thousand dollars in a matter of hours and the price is still holding quite well.
Since we are already at $55k it's not long before we see the new ATH again. Despite that we still have have around 75 days left for the end of the year.
We have seen bitcoin reaching new heights when it nears the end of the year so may be we might see a higher ATH this time.

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