Will we see new ATH this year? - page 7.

ziyaaa

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Quote from: kendedese on October 18, 2021, 10:08:30 AM

Quote from: ziyaaa on October 14, 2021, 04:08:35 PM

In the last twenty-four hours, we have witnessed Bitcoin price reaching $58k. It is only around $6k away from the current ATH level. So, it seems quite possible that we will witness a brand new ATH level very soon. Bitcoin is on a great run and I really wonder what the reason could be. In any case, I hope to see this run continuing for a few months at least. And I'm pretty sure that this is not a bull run.

I think since bitcoin recovered from the $29k point bitcoin has been on a bull run trend, although after that there was some correction but that didn't stop bitcoin from hitting a new ATH. This positive trend is still continuing and it is very likely that in the next few days we will see the bitcoin price reach a point higher than the ATH that occurred in April.

Just as I expected, we saw a brand new ATH level. And it happened today by $66.9k. There is some price correction now but it still seems like Bitcoin price has the potential to even go over $70k soon. Doing this without a bull run is really huge I think. Normally, this kind of rallies don't last too long and the price increases just a little bit. But this time is really different seemingly.

Swopon

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Quote from: Wong Gendheng on October 20, 2021, 08:50:50 AM

Today there has been a new ATH price of $64800 but I believe new ATH now is the start of a bull run at least until it can touch $100k before the year ends, as long as bitcoin holders who have been patient and went through a difficult time some time ago, and continue to hold is a better option than selling now.

Today the ATH was $66930 as you can see it from coinmarketcap(https://coinmarketcap.com/currencies/bitcoin/). If something abnormal not happen then the price will go higher and expected $100k as you also mentioned it. Holding my assets to get more profit from it. Miracle will happen soon.

paxmao

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I have to say that it is very likely that we will see ATH again this year, but my view is that it does not matter that much. There is no particular event that may cause an ATH that is well beyond current price and expectations, so if there is an ATH at just 5000 more that last it would not make much of a difference for me and for most of the hodlers out there. It is about how high, not about having or not ATH.

Wong Gendheng

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Today there has been a new ATH price of $64800 but I believe new ATH now is the start of a bull run at least until it can touch $100k before the year ends, as long as bitcoin holders who have been patient and went through a difficult time some time ago, and continue to hold is a better option than selling now.

24Kt

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Quote from: ninkdwi on October 19, 2021, 02:52:45 PM

currently the price of bitcoin reaches $63,490.51 when I see its price on Coinmarketcap and this means that only a little bit more bitcoin can reach the ath he made earlier and it is not impossible to get past it.
At first I had doubts about what would happen this year when I saw bitcoin drop drastically a few months ago, but after the fud and negative btc news ended I think I am very sure now why people trust this coin so much and make it an investment major in crypto.

And at the moment, it already breached the 64k level, few hundred dollars and we may be seeing it surpass the previous ATH of $64,804. The developments in the market is really great, after the announcement of SEC's approval of BTC ETF, the price just shoots up. Seems that we will see a new ATH before this month ends. BTC has approved time and time again about its capability in the market to recover and rise after the negative news (like the China's total banning of crypto). More than likely, a lot will want to join again this market and buy their share.

ninkdwi

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currently the price of bitcoin reaches $63,490.51 when I see its price on Coinmarketcap and this means that only a little bit more bitcoin can reach the ath he made earlier and it is not impossible to get past it.
At first I had doubts about what would happen this year when I saw bitcoin drop drastically a few months ago, but after the fud and negative btc news ended I think I am very sure now why people trust this coin so much and make it an investment major in crypto.

cheezcarls

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Anything is possible. We are still beyond mid-October and now sitting around $62k as of this time of posting. I know that things are getting bullish for the Q4 of this year, but we just have to be prepared whatever sudden circumstances that would happen later on without warning like another wave of negative news around the corner.

matchi2011

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Quote from: TheEconomists on October 19, 2021, 02:04:15 AM

How many government of the world believe in Bitcoin or crypto currency that you are saying they don't want Bitcoin price to reach a new price. There is a strong possibility for Bitcoin to reach ATH before the year runs out based on what is happening at the market and there shouldn't be any doubt about except if one want to missed out again this year.

The growing adoptions are making this thing to happen. Many people are positive that new ATH can be reached before this year will end.
We will see lots of market movement and expect that there are up and down before it breaks the new barrier and runs high to hit another
new time high.

Believe that the chance is better now, with more involvement coming from institutional investors, they will help to make things happen.

LogitechMouse

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We are just ~$3,000 away from its past ATH and I'm pretty sure that it will surpass that price at least.
The only question is that "Will Bitcoin stay above $64,000 for a long time" because there is chance that it might be a false breakout and that will cause Bitcoin to go down to near $60,000 again.

I'm pretty sure that we will see a new ATH this year and knowing that the last 3 months are sometimes the most bullish time of Bitcoin base on history, that increase the chances of a new ATH. Regardless, there are no certainties unto it and we might see the complete opposite though. We might see Bitcoin go down in the last 3 months and it will not surpass its past ATH or we might see a new one. We don't know. Just be ready

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bitterguy28

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the turn of the market keeps on going here and there .

Bitcoin Makes it to 60k and then dumped down to 30k.

now again climbing to more than 60k and there is indicator that will make it more than that, so ATH? indeed this soon to come .

We only need to maintain this level crossing October and when the momentum take over at November > then we are going to reach that 100k very very soon.

Zanab247

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Since many countries are trying to create their digital currency to compare it with cryptocurrency that is know as decentralized currency that is not control by any government in the world. With this steps some countries are about take, it will really make bitcoin price to increase massively as never before in the exchange market to prove to investors that this year will full of surprise to all bitcoin investors.
With some signs we are experiencing from the market few weeks ago show that bitcoin will hit ATH before the end of this month for many customers to use the opportunity to earn well from their investment.

TheEconomists

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How many government of the world believe in Bitcoin or crypto currency that you are saying they don't want Bitcoin price to reach a new price. There is a strong possibility for Bitcoin to reach ATH before the year runs out based on what is happening at the market and there shouldn't be any doubt about except if one want to missed out again this year.

SyndicateLabs

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In 2021, we have a new ATH for btc, and now with the happenings going on I and many are believing that there will be another ATH this year.
Many signals and analysis are showing that btc will soon explode in the near future, but indeed we all know it will increase but not sure when. So let's just keep it simple, we will have ATH

marine4u

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Quote from: shield132 on October 04, 2021, 08:52:09 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.

Full confidence in a new ATH after this cycle. Now, Bitcoin has recovered back to 60k since April 16th, I think the market is having a lot of conscious impact and sustainable development at this stage. What I am most optimistic about is that bitcoin has completely erased the memory of China FUD, it is no longer put in a heavy and pressured mentality towards the game this time.

arallmuus

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Quote from: The Sceptical Chymist on October 17, 2021, 10:47:34 PM

I've looked at the btc price chart on coinmarketcap, and it looks like the official ATH was $63,314. Does that sound right to anyone? I don't know what the exact price it got to going by their chart.

It was $63,503 on 13th April and Im pretty sure that was the ATH, not that much of a difference to sweat for but I guess it affect the mass psycological when it comes to breaking the previous ATH.

Quote from: The Sceptical Chymist on October 17, 2021, 10:47:34 PM

And to think that back in March 2020 I thought bitcoin wasn't even going to hit $30k for a year or two. Silly me.

Well bitcoin are bullish like around every after 4 years period so yeah 2021/2022 seems like a good year for that beside that the pandemic really affect the price though. If it wasnt because of the pandemic then Im not even sure if we will get it to anywhere near 30k let alone 63k

Quote from: tygeade on October 18, 2021, 05:11:19 PM

I believe that FUD happens by manmade and not organically and that is the problem.

Its not really a FUD though, most of the time it was only a negative news about crypto in general but people take it as a FUD and started dumping for the obvious reason

tygeade

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Quote from: AicecreaME on October 18, 2021, 01:28:47 AM

It's still October, we still have roughly 2 months left to see if we will witness another ATH for bitcoin. Cryptocurrency's nature is volatile so it is really possible to happen depending on the external factors that will occur such as the status of bitcoin's legality to the developed and influential countries and the movement of the whales in the market. FUD affects the market negatively so if ever another one happens, let's not expect an ATH. Although surely right after it, the value of bitcoin will recover and bounce back. For now, let's just wait for the best and let the nature take its course.

I believe that FUD happens by manmade and not organically and that is the problem. If we are seeing 10+ news from different places saying how horrible crypto seems to be doing and then we end up seeing how there is a ban, or a bad news or basically something crashed and so forth, then along the same time we are getting a lot of people selling all at once with the price crashing then we are going to end up with something horrible because that is manmade and people are going to realize that they are getting screwed by all those manipulators but they are always too late to realize that now.

I hope that people will realize soon enough that they are being manipulated and not allow whales to do this anymore.

Furious 7

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Quote from: AicecreaME on October 18, 2021, 01:28:47 AM

It's still October, we still have roughly 2 months left to see if we will witness another ATH for bitcoin. Cryptocurrency's nature is volatile so it is really possible to happen depending on the external factors that will occur such as the status of bitcoin's legality to the developed and influential countries and the movement of the whales in the market. FUD affects the market negatively so if ever another one happens, let's not expect an ATH. Although surely right after it, the value of bitcoin will recover and bounce back. For now, let's just wait for the best and let the nature take its course.

Waiting for this moment to happen again and anything can happen because of the cycles and situations that will come because the fluctuations come from anywhere, it can be negative FUD and positive news.
Of course we already have our respective assessments that bitcoin will definitely reach a new ATH because of the relentless trend until now, so I'm sure ATH will definitely be achieved.

Various institutions and developed countries have looked at a lot of bitcoin to make it a legal currency, even some countries will also imitate the style of bitcoin which is the central transaction, so we will see how bitcoin will soar in the future.

bitzizzix

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I don't want to be pessimistic about the current movement of bitcoin in my opinion it is very easy to beat yesterday's ATH and make a new higher ATH very possible, fluctuations will always be there and but the current movement is more likely to go up even though there is still a slight decline.

I suspect the movement of bitcoin is the same as in the event 3 months ago which reached a new ATH of around 64k, and now from this month until the end of the year it will reach a new ATH of 100k, but that's just my guess which is not necessarily correct. Cheesy

and besides now investors don't care about FUD from anywhere because they believe more in the good news of bitcoin that has happened lately, which I think will continue because they have started to realize the benefits that can be obtained if involved in bitcoin.

kendedese

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Quote from: ziyaaa on October 14, 2021, 04:08:35 PM

In the last twenty-four hours, we have witnessed Bitcoin price reaching $58k. It is only around $6k away from the current ATH level. So, it seems quite possible that we will witness a brand new ATH level very soon. Bitcoin is on a great run and I really wonder what the reason could be. In any case, I hope to see this run continuing for a few months at least. And I'm pretty sure that this is not a bull run.

I think since bitcoin recovered from the $29k point bitcoin has been on a bull run trend, although after that there was some correction but that didn't stop bitcoin from hitting a new ATH. This positive trend is still continuing and it is very likely that in the next few days we will see the bitcoin price reach a point higher than the ATH that occurred in April.

Similificator

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Fast forward to this day, it really is possible. But even when btc went below 30k it was pretty evident that we would reach another breakout within this year since October hasn't even come yet by the te the price went below 30k. This deduction, was based on some historical data which shown bullishness on october and November. And as of today, if we break 64k we will reach 70-80k and if no fud kills the momentum, we may even reach a 100k within this year. Just keep hodling! Put a stoploss at 55k(though I hardly believe that it'll come back down to 55k).

Topic: Will we see new ATH this year? - page 7. (Read 1334 times)