Will we see new ATH this year? - page 8.

AicecreaME

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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?

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.

Victorycoin

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Quote from: Rasa nanas on October 14, 2021, 08:56:21 AM

Quote from: SyndicateLabs on October 13, 2021, 10:12:41 PM

Will China make a statement to accept crypto in the future

Large corporations still have a need to access blockchain, really to give a specific reason for year-end ATH is a lot.
But anyway, I still think it is necessary to seriously look at the market in the near future.

anything can happen in the future. Although China is currently a country that prohibits bitcoin, it does not rule out the possibility that in the future this country will legalize bitcoin. bitcoin is growing rapidly and has an increasingly large community, it is likely that in the future many countries will accept bitcoin. no need to worry because in the future bitcoin will break ATH which is much higher than this year's ATH.

China bans bitcoin it is criticized or defended at various levels of competition but it fascinates half the world by the very basis of its management being a decentralized financial system where no state or agency has direct control, it stimulates more than one and it is not so easy to look at. Its larger community and china are building new ATH on bitcoin crypto despite being banned.

bittraffic

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Quote from: The Sceptical Chymist on October 17, 2021, 09:47:34 PM

Well damn, my prediction was once again wrong--and I'm kind of happy it was, though I'm still a little bit leery of bitcoin's continued rise (and I've given the reason for that a number of times).

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. In any event, unless we see a massive pullback very soon it looks as though bitcoin is going to bust right through that ATH and keep going.

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.

Yes it is about to go more than its ATH. By looking at the chart it should be going upward. At least that's what I'm also hoping to see. The bull run in 2021 has yet not ended which I guess the party resumes. The altcoins are very alarming because we only see BTC having its full blast while altcoins are sliding down. Anyone who holds Altcoins except ETH will likely lose money if an unexpected pullback happens without bullrun for altcoins.

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Well damn, my prediction was once again wrong--and I'm kind of happy it was, though I'm still a little bit leery of bitcoin's continued rise (and I've given the reason for that a number of times).

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. In any event, unless we see a massive pullback very soon it looks as though bitcoin is going to bust right through that ATH and keep going.

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.

shield132

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Quote from: South Park on October 17, 2021, 06:08:54 PM

I think it should be obvious by now that reaching a new all time high is basically inevitable at this point and that it does not matter what the governments and banks think about this since they do not have control of this market and they are not able to use the same measures that they can use against all other markets, so at this point what we need to wonder is how high do we think the price can go? And personally I think that at minimum we could reach 100k before the end of this year.

Right now it's obvious but at the time of when I was writing this, it wasn't really obvious I guess. The price was 48K at 18 september, then China announced some shit and it felt to 40K, then it slowly started to rise and I thought that after so many accidents from China, Elon Musk and other sources when the price was reaching 40-50K, something would come up and it would fall again. But right now, yeah, the image is very bright and it clearly shows the bulls are on the full run and there is nothing that can stop bitcoin from reaching it's ATH again.

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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?

I think it should be obvious by now that reaching a new all time high is basically inevitable at this point and that it does not matter what the governments and banks think about this since they do not have control of this market and they are not able to use the same measures that they can use against all other markets, so at this point what we need to wonder is how high do we think the price can go? And personally I think that at minimum we could reach 100k before the end of this year.

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Quote from: Ngemmeng on October 16, 2021, 01:19:19 AM

China is one of the countries with the strongest economy in the world and many of its citizens are bitcoin holders, so I'm pretty sure the leader of this country in the future will legalize bitcoin because bitcoin can help support the country's economy. the limited amount of supply and coupled with clear legality will make bitcoin the best investment object in the future.

I believe that China is not as strong as they used to claim. Sure they grew a lot bigger thanks to 2000s where they end up making people work basically for nothing and let their citizens die from starvation back in the day but the reality is that for the past 20 years the salaries grew strongly and now they are making a good salary yet they weren't like this and they had sweatshops where people were making enough for just one meal and that is how they got strong.

Nowadays they are not doing that and they are paying decently and that means that they can't be that cheap and that is the problem they are having right now. If you are paying people a lot of salary that they would live a decent life then how they are going to end up making a profit by selling for a cheap price? That can't happen anymore and that will be the reason they are going to go down and not be super rich like they are right now. Eventually everyone will find some other way to get rich without using Chinese manufacturers.

nur rochid

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it looks like the new ath achievement for this year is getting wide open, because until now bitcoin has reached the point of more than $60k, maybe bitcoin will break the previous ath soon. if that happens, it is possible that bitcoin will experience a bullish trend again, although after that a correction is possible

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Have we reached the new ATH? When I checked the last time, the peak price was 62.8K, which means that we are around 2K away from the new ATH. And another important thing to remember here is that the Bitcoin market dominance is also steadily increasing. However, the forward journey may not be that smooth. We are getting mixed signals from the authorities. On one side countries such as El Salvador are taking a very supportive stance and at the same time others such as China are taking an increasingly hostile stance towards cryptocurrency.

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Quote from: Ngemmeng on October 16, 2021, 01:19:19 AM

Quote from: bittraffic on October 14, 2021, 10:16:01 AM

Quote from: Rasa nanas on October 14, 2021, 08:56:21 AM

anything can happen in the future. Although China is currently a country that prohibits bitcoin, it does not rule out the possibility that in the future this country will legalize bitcoin. bitcoin is growing rapidly and has an increasingly large community, it is likely that in the future many countries will accept bitcoin. no need to worry because in the future bitcoin will break ATH which is much higher than this year's ATH.

True. Anything can happen in the future. Since they have already used thr CBDC, they need to gather the data of all their citizens and probably open their economy for BTC this time. With the CBDC that they have, they can do everything with just clicks.

CCP is looking for ways to get a hold of the Chinese people, they'd have to make the people happy enough not to revolt against the government while also maintain fear to the government. Adopting BTC will make people happy.

Anyway, with the rate of increment and if it continues, reaching $65k is just two weeks away.

China is one of the countries with the strongest economy in the world and many of its citizens are bitcoin holders, so I'm pretty sure the leader of this country in the future will legalize bitcoin because bitcoin can help support the country's economy. the limited amount of supply and coupled with clear legality will make bitcoin the best investment object in the future.

Despite China being a country with one of the strongest economies, it's not known for its good worth ethics and living conditions. Most people, especially in the poor suburbs of the country, are factory workers, with poor salaries. China is generally known to be against cryptocurrencies, if I were to make a guess, it would be due to them providing some sort of freedom, something China is not very fond of.

Ngemmeng

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Quote from: bittraffic on October 14, 2021, 10:16:01 AM

Quote from: Rasa nanas on October 14, 2021, 08:56:21 AM

anything can happen in the future. Although China is currently a country that prohibits bitcoin, it does not rule out the possibility that in the future this country will legalize bitcoin. bitcoin is growing rapidly and has an increasingly large community, it is likely that in the future many countries will accept bitcoin. no need to worry because in the future bitcoin will break ATH which is much higher than this year's ATH.

True. Anything can happen in the future. Since they have already used thr CBDC, they need to gather the data of all their citizens and probably open their economy for BTC this time. With the CBDC that they have, they can do everything with just clicks.

CCP is looking for ways to get a hold of the Chinese people, they'd have to make the people happy enough not to revolt against the government while also maintain fear to the government. Adopting BTC will make people happy.

Anyway, with the rate of increment and if it continues, reaching $65k is just two weeks away.

China is one of the countries with the strongest economy in the world and many of its citizens are bitcoin holders, so I'm pretty sure the leader of this country in the future will legalize bitcoin because bitcoin can help support the country's economy. the limited amount of supply and coupled with clear legality will make bitcoin the best investment object in the future.

watergold

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Quote from: SyndicateLabs on October 13, 2021, 10:12:41 PM

Will China make a statement to accept crypto in the future

Large corporations still have a need to access blockchain, really to give a specific reason for year-end ATH is a lot.
But anyway, I still think it is necessary to seriously look at the market in the near future.

they at that time wanted to create hype and fomo for bitcoin like they did with doge but it seems btc is too strong to beat

And you're saying that $43k when adopted has an effect in the short term? it's just his followers who enter btc hoping to make a profit.
you are too naive to expect testla with a total adoption of $43k to correct the market.

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With Bitcoin hitting its all-time high ATH in Q2 2021, many in the community have been expecting a strong bull run in the market that could push BTC above its previous ATH by year-end.
While some of the moves suggest such price volatility, Bitcoin's potential performance over the next three months needs to be assessed holistically based on historical data, investor sentiment, and market structure. overall market for altcoins.
Regardless of its bullish bias, such a strong rally in such a short period of time is unheard of. Therefore, everyone can wait to see if history will repeat itself with Bitcoin or a new chapter will be written.

ziyaaa

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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.

iv4n

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Quote from: perfect999 on October 14, 2021, 07:56:04 AM

Quote from: iv4n on October 14, 2021, 01:35:44 AM

Chinese, who will understand them and what is their game plan! They are big, they have money and manpower to do anything probably, but as we can see they like to play "we are unpredictable" games! So who knows what will they do in the future!

I agree that big companies need access to Blockchain, and governments need to make that with new regulations! But I don't think we will see something big about that this year... maybe it's too early for that!

Maybe CCP itself could do it? I mean if the fear is that bitcoin is a decentralized and they do not want people to have a decentralized currency which may weaken CCP and give people more powers.

However, it is obvious that if they did it themselves then it would be a lot better for them wouldn't it? I mean why wouldn't they end up with something that would be profitable for them? They could simply do it as government and the power would stay with them and they would do whatever they want without worrying getting weakened. This would also mean that they would have a lot profit as well, which is why they may come out and say that they are taking all the mining equipment and mining with them.

Well, I don't believe in 99% of what I read about China... simple as that! I read about Chinese, written by Chinese and others, and somehow I feel they are playing games, saying one thing doing the opposite, changing their minds as the wind blows... so I think your questions are on the place, but trying to answer them will just create one more theory conspiracy, and somehow all stories about Chine, their actions and plans go in that way...
For me Chinese are unpredictable, and who knows what can they do or what card they can pull out in some crucial moment... I am sure they have cards to play with, and I am sure some of those cards are strong (poker player in me talks now)... so how strong cards they have, and how they will play them we will see, eventually!

matchi2011

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Quote from: Alert31 on October 14, 2021, 09:53:20 AM

Even if you are good enough at analyzing the bitcoins graph and price prediction, nevertheless, the value of bitcoins is still unpredictable. In the current status of bitcoin, there is a possibility that it will break the previous record and make another ATH before the end of this year. If the demands continue to increase or there are whales who are going to manipulate bitcoin price again,then perhaps we could see another ATH this year.

That makes sense. Either demands will call for more and push the value of this coin or whales will help and make a good move to lift
the value high, there are many possibilities that will help the market up, this current market adoptions come from a different part of
the world is a good hint that the chance that the value will rise and hit a new time high is mostly anticipated.

bittraffic

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Quote from: Rasa nanas on October 14, 2021, 08:56:21 AM

Quote from: SyndicateLabs on October 13, 2021, 10:12:41 PM

Will China make a statement to accept crypto in the future

Large corporations still have a need to access blockchain, really to give a specific reason for year-end ATH is a lot.
But anyway, I still think it is necessary to seriously look at the market in the near future.

anything can happen in the future. Although China is currently a country that prohibits bitcoin, it does not rule out the possibility that in the future this country will legalize bitcoin. bitcoin is growing rapidly and has an increasingly large community, it is likely that in the future many countries will accept bitcoin. no need to worry because in the future bitcoin will break ATH which is much higher than this year's ATH.

True. Anything can happen in the future. Since they have already used thr CBDC, they need to gather the data of all their citizens and probably open their economy for BTC this time. With the CBDC that they have, they can do everything with just clicks.

CCP is looking for ways to get a hold of the Chinese people, they'd have to make the people happy enough not to revolt against the government while also maintain fear to the government. Adopting BTC will make people happy.

Anyway, with the rate of increment and if it continues, reaching $65k is just two weeks away.

Alert31

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Even if you are good enough at analyzing the bitcoins graph and price prediction, nevertheless, the value of bitcoins is still unpredictable. In the current status of bitcoin, there is a possibility that it will break the previous record and make another ATH before the end of this year. If the demands continue to increase or there are whales who are going to manipulate bitcoin price again,then perhaps we could see another ATH this year.

Ozero

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Quote from: awik p on October 09, 2021, 03:31:01 PM

Quote from: Ultegra134 on October 09, 2021, 12:19:25 PM

I believe that it is highly likely, we're two months away from the end of 2021 and Bitcoin has already recovered back to $55,000. We're not that far off the all-time high, which was slightly above $60k. There will be some resistance right before that happens, probably at $57k-$58k, but it won't take long to surpass that.

By looking at market habits at the beginning of the year, hopefully it will make the trading psychology of every investor move together, so that with more demand, a new ATH will be achieved this year. but if not this year, I'm sure in the future a new ath will also happen, sooner or later. therefore increasing assets is a good choice

The fourth quarter has almost always been very price-friendly for cryptocurrency. It looks like this tradition will continue this year. Only two weeks have passed, and the price of bitcoin is already over $ 57,500. Before the previous price record of about $ 64,000, there is very little left, and the time is still two and a half months. So let's hope that if nothing negative for the cryptocurrency happens during this time, then this year there will be another price record.

Rasa nanas

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Quote from: SyndicateLabs on October 13, 2021, 10:12:41 PM

Will China make a statement to accept crypto in the future

Large corporations still have a need to access blockchain, really to give a specific reason for year-end ATH is a lot.
But anyway, I still think it is necessary to seriously look at the market in the near future.

anything can happen in the future. Although China is currently a country that prohibits bitcoin, it does not rule out the possibility that in the future this country will legalize bitcoin. bitcoin is growing rapidly and has an increasingly large community, it is likely that in the future many countries will accept bitcoin. no need to worry because in the future bitcoin will break ATH which is much higher than this year's ATH.

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