Bitcoin Forum

Bitcoin is Just 500 Dollars away from creating a new All-Time-High 😍🚀🚀

What will happen after making new ATH? What do you think? Express your view.

I think more than 500$ but that is a few pump already to create another breaking record for bitcoin. This is my first time to anticipate and to always check bitcoin market price for I am here in the forum in 2018 and not had been witness this kind of event. A huge event actually and not so bless knowing that I did not take part in investing bitcoin. So sad actually but I think it is wonderful and I can think of other that will going to profit well in their bitcoin investment.

Whether Bitcoin reaches its 2017 all time high or sets up a new all time high in history. After that, Black Friday to come in crypto market. Believe it or not, Black Friday to come and you should prepare your spare capital for shopping.

The coming flash rise will come from liquidations of short orders, not from demand and supply. When effects of liquidations go away, flash crash will occur or worse Cascade effects can occur on big exchanges for leverage trades.

Fundamentally, nothing will change with Bitcoin itself.  The network will find another block in approximately 10 minutes.  Everything continues as it currently does.

It's the people who change.  They lose their minds a bit.  Plenty of hype and commotion.  An increase in the quantity of bold proclamations, wild guesswork and ludicrous theories.  Nothing we haven't seen before.

It is hard to anticipate how bitcoin is sfter making new ATH.

In my opinion, bitcoin will continue to grow as strong as it is, according to my analys. News and other factors are supporting bitcoin at the moment. Gold is droping right now and people are putting their money in this cryptocurrency. They are quite optimistic about the price of bitcoin

But as you know, everything can happen to bitcoin. A big correction can occur and people might lose a huge amount of money in this event

If BTC reaches 20K either today, or by the end of the week I think that would be the beginning of a new bull run. There are speculations that once at 20K there wouldn't be any resistance and it will be an uptrend from there.

On a side to this if BTC manages to break through 20K then there are arguments that even if it goes down afterwards the fact that it reached it would mean that it would be reached again, much sooner. More like how we have it hanging around at ~18K. In this case, 20K would be the new 18K.

immediately after reaching the ATH there will probably be a correction as there are many people who have that as their "sell target" for reasons that i never understand.

then after a while when the correction was done and these people were out, we will see the rise continue and a very similar pattern to January 2017 will start as price keeps setting new records every month at while the space between the two records keep decreasing until we reach a bubble probably by the end of 2021 near $500k.

I'd never expected that the situation goes into somewhat surprising and we are near to reach $20k. But, a sort of warns that after this ATH market correction will follow next. I know it can't be sure but what we have seen in the past years usually dumps had to start. I'm still holding some of my Bitcoin but I have to sell this if the course will change and going down. I was preparing for the moment coz I know that it will come sooner, I would not like to miss it again.

I don't want Bitcoin to go down but I think once it settled on its new all time high  the price can be go down after that because I believe that many people have waited for btc to reach its new ath before they sold out but except maybe to those big time hodlers like whales and institutions or companies but this event will make them more excited and they definitely gonna buy more .
By the time 20k was reached , thats the time for people to think of other higher numbers that they are going to use when speculating

There is nothing much to say, the price is rallying well before what i expected and i am not that happy because i was not able to execute my plans because of the circumstance i was under due to my health situation and before that the pandemic and scared me because i was not sure what will happen to my job and it was a shitty experience but in totality i am happy to see that big investment are pouring into bitcoin.

To me bitcoin has no all time high as it has the ability to raise above any amount and if at any moment it beats it ATH then it will be in record am certain bitcoin is going to surprise many of us this time.

It just continues to exist, just like it did 3 years ago. Also, big news outlets would surely cover this story again and would set a new trend in searches for bitcoin and crytpto, leading to a new hype and FOMO for the newbies until such time that people will sell since they already made so much profit, and the cycle continues again. A new ATH is a milestone and sometimes signifies higher highs and higher lows for the most part, so we might see some good floor price even if this thing bursts today—of course, that is if we surpass $20k+ for this current run.

It will pull back to 14-16k and consolidate for a few months then.. I hope you have your moon boots ready. We might see a quick pop to 22k but a pull back is in the winds.

Let me consult with my crystal ball :D

Joke aside, I think that bitcoin might just keep going up for a while after we reach new all time high. Reason is simple: everyone expects correction right after we reach that, and exactly because of that I expect bitcoin to go on. Another thing, similar thing happened at the end of 2016/beginning of 2017 so some think it will happen again. People will start shorting more and more and whales will just liquidate those. At least for some time, as we will see correction eventually, people will want to take the profit

Bitcoin is rising in price too fast in the past month with a gain of more than 50%. A bearish correction will happen whether we want it to happen or not. New ATH for Bitcoin happens, probably this week but I don't think that will be any good. People are holding more altcoins, and it's time to be careful of market reversals. The best time is to take a profit and wait for the next movements of the market. When we're most excited is also when the worst is about to happen.

BTC will probably create a typical cup & handle pattern (ie. it should correct a bit when arriving around the old ATH and then skyrocket 🚀🚀🚀🚀🚀🚀 ;D ).
What a run guys!!!!

It will be the beginning of the end of everything we know.
But, there is still time. Redeem yourself! The end is near... ;D

I'm getting a bit anxious ... In theory it should make the handle of the cup, but I am not sure if it is better to take some profits now or wait. It may even just blast through and keep going   ::)
Maybe I should try one of those https://relixiy.co.uk/ (https://relixiy.co.uk/) ... a friend just told me to get one to calm down before to make some mistake  :-\
Or probably I should just hold and ride this out without trying to trade it. In any case long term it will go much much higher!

Bearish conditions will definitely occur after ATH or before it is reached, like it or not it will happen soon but no predictor knows exactly when to bearish. We must control ourselves not to get too excited about just bull market movements but forget about the real market volatility.

It do only have two answers which is neither the price would have a break out and past the previous ATH and create a new one or would definitely be rejected out and would have some
correction and that correction might have two outcome neither it would be just a few percentage drop or we would see some price crash just like what happened in the past.

These are type of questions that cant really be answered because if we do able to precisely predict on what would happen then we do all become rich.

For now the best thing to be done is to wait up and secure your position or wait it up before making any further steps neither you do sell or still hold and its up to
your own choice and profitability will vary on what would be your decision.

Nothing will change. I witnessed the second time Bitcoin broke $1,000, establishing a new ATH at that time, and nothing really changed - there was more activity on Bitcoin-related platforms like this forum or reddit, but that's it - mainstream media didn't really care at that moment, people outside of Bitcoin wasn't even aware of it, etc. Looks like similar thing going on now - the general public is still sleeping on Bitcoin, and they will only start noticing it when mainstream media will start covering it.

the first will happen is was the newspaper will make big this news...
news about Bitcoin back to touch ATH will spread everywhere. The value of Bitcoin will certainly skyrocket, we don't know at what price the Bitcoin HYPE will stop.

More people will start talking about Bitcoin more than before. I think that more people will start using Bitcoin and Bitcoin will benefit from it very much. As the demand increases, we can see more shops etc. that will add Bitcoin as a payment method.

Continuous interest coming from new investors will be seen, expect that news and mass medias to show interest after new ATH has been reached.

Knowing that emotions will drive around, people will create new high as  fomo's  will keep the run to continue pushing the value and try reaching another

ATH.

What tranthidung mentions what may come during and after Black Friday is a moment that we have seen have happened and will undoubtedly affect the crypto market.

While the new bull market as described by PlanB in this tweet with all the sincerity that characterizes him each time with his tweets.


We have been waiting for this new Bitcoin event.
Hopefully it's better than 2017.

I was really surprised by the performance of Bitcoin, unexpectedly the price of Bitcoin returned to all time high prices.
I am sure this year Bitcoin will reach a new all time high price, it could be that Bitcoin will reach a price of $ 25,000.
This is truly a moment that I have been waiting for for a long time, finally after 3 years my waiting was not in vain.
And those who underestimate Bitcoin can be aware of how Bitcoin is doing now.

Correction is what we mostly saw after if we consider that past outcomes, well, it won't be sure but most likely it is still the same. That is why I don't want to encourage people to buy and rush to Bitcoin today but rather to wait a little bit.

Anyway, we are still speculating what could be the next step after this bullish trend. Definitely, we are not sure but at least we are anticipating the market for possible dumps as that will be the problem if we are investing this time.

Yes i also think that it will definitely happen. But no one knows when it will occur. We have to learn lesson from the market of 2017.

It is not going to be a smooth ride. I expect a lot of bumps and obstacles on way. Before reaching a new ATH, we are likely to witness several phases of correction, some of which may extend for a few weeks or even months. There will be a lot of panic selling as well, especially from the new users. Repeated bouts of price correction will make sure that only serious investors remain in the Bitcoin sector.