Bitcoin Forum

Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.

This rise isn't backed by any tweets or announcements (not that I know of at any rate) by any individuals, or, corporations, so I would expect that the price may rise about another $10,000 and then plateau at around $72,500 by year's end.

Investors were excited when the car salesman talked up bitcoin then were spooked into dumping when the car salesman talked the price down.  Time to move on and promote Bitcoin and it's full potential.

When Bitcoin is above $60K I feel that investors still want to show without a problem even though Bitcoin can provide a price increase. Although in general the whales often wait for the moment to raise prices. The news moment deliberately took over the low discounted price. At the moment everyone is still waiting for the year-end situation whether prices above $60K hold or not.

Yes, its now at its $61,700 now and it has almost touched its ever ATH of $63k plus. It will hardly take a day or two to beat its own ATH and set a new ATH this year. Really awesome growth after a stable growth seen in last few months. Bullish market again. Hope again, we would see other coins like BNB, ETH, and other top coins have reach their own ATH. A great year for crypto currencies.

this increase is because of a possible ETF approval, note that just a few hours ago the price of bitcoin increased a lot as soon have this news:

BREAKING: Nasdaq listing hints that the SEC may soon approve ETF application from Valkyrie (https://cointelegraph.com/news/breaking-nasdaq-listing-hints-that-the-sec-may-soon-approve-etf-application-from-valkyrie)

bitcoin does not increase much in price without having some good news, unfortunately after this approval or delay or disapproval we will see the price drop as usual.

So it puts more of my faith in saying "Market never goes anywhere, only your money do". If we play sensibly and with patience then we can never lose our money. We also need to be very careful about 60k hallmark, market always take correction after massive bull run and 60k is very high price. Avoid buying at such price, just my own opinion.

that's the sign that before this year end there will be more good improvement, indeed it is been long time since bitcoin didn't touch this current price, so perhaps it's time now also to test another resistance level, actually mostly prediction is 100k i hope it will happen..  ;D it's a good year for all holder for sure. Lol

It's surprising that since the ban in China the price has actually moved up, combine that with the fact that the most miners are now based in America and some US government have actually said some reasonably positive words about not legislating cryptocurrency too harshly - kinda sums up a nice environment for continued growth of the price into the future. We are now heading back towards the all the high which is only about 10% higher than it's current point and lots of previous bad news will already be incorporated into the price. The future is looking rather rosy, I wonder what will happen when quantitative easing stops and inflation starts to rise.

The recovery after the fud of some parties seems to be felt and I feel sorry for the panic selling people at the time.
this is the strength of bitcoin when they make fud from all kinds of negative news but they have always been strong and managed to recover and now the price is almost close to ATH.
just waiting to see if they can make a new ATH before the year ends.

Goes back to $61k and looks like it won't stop as of typing, the price is $61,700. We're going to see $62,000 the quickest time ever. And just a few days ago it was stopping by to $54k. The bears are probably thinking of another strategy because they have missed and don't believe in the surprising power of bitcoin which can rise as fast as it can. Just learn from the lesson in the past despite when the time of it makes it drop a lot, there's a time that it will skyrocket a lot.

When the Bitcoin price crashed down to below 30,000 I predicted that the market was on a recovery stage and preparing for another bull run this 3rd quarter of the year. Take the 2017 bull run when the price picked in the early days of October.

Right now the bitcoin price is 61k and it only took 3k to hit yesterday's ATH which I think will happen in a few more days, and this increase is proof that a lot of big investors are coming and don't care about any FUD.
looks like the upgrades will continue and prove that behind the pros there are a lot of cons that make bitcoin continue to be more popular and powerful, and a new ATH is coming soon and I don't want to miss the train before far. ;D

the price has gone up and now it was at $61k when I last saw it.
a little more to reach bitcoin's ATH and maybe most people's predictions will soon come true by saying that bitcoin can reach a new ath this year.
this is an increase without the need for news or other things, this is of course very good for bitcoin itself and congratulations to those of you who are still holding strong bitcoin to this day

Today's highest recorded price was $61,839.98, pretty close to April's ATH, which was approximately $65,000. However, I highly doubt that a new record will be achieved later this month. Some sort of resistance is likely to occur now, and slowly back down to $58,000-$60,000, before it reaches a new all-time high.

As another poster mentioned, surpassing $70,000 is highly likely to happen before the end of the year.

What if we compare this bull with 2017 or even 2013 (https://bitcointalk.org/index.php?topic=178336.msg58190119#msg58190119)? If that's what going to happen which is more likely as the trend says, I guess we could see an easy $100k while if history is to repeat itself as of 2013, someone said $288k seems not much unrealistic.

The thing is prices are through the roof. It's in fact a bubble that can burst at any moment. While it is not unrealistic to see bitcoin reach the 100k barrier, just think about the long term holders that are ready to dump at those prices. If that so happens, it will be raining blood everywhere.

Everything is still possible to happen, but we don't know the exact scenario of the Bitcoin price move this season. A similar history in 2013 or in 2017 can be repeated or not repeated, no guarantee it can happen again with the same scheme. So, to talk about Bitcoin reaching $100k, let's wait till Bitcoin reaches $80k first. The hype will be bigger or massive once Bitcoin can achieve a new ATH that is quite close to $100k. So, it can be easier to push Bitcoin to pass $100k. But if it cannot reach $80k+, I am not sure that Bitcoin price really can reach $100k this season.

The last two weeks has been a activated price increase for Bitcoin, October may end with Bitcoin beating the all time high and even resetting the all time high twice by the end of October but I don't think the year would end in an all time high above the current one Bitcoin has now. I stand on my prediction that the price of Bitcoin would be less than $50,000, to be more specific I think Bitcoin price will end this year 2021 at $40,000 but before the year ends bitcoin can do over 3 more all time high breaks.

I really have to say wow today with the bitcoin price. Last month I predicted that ATH $64K would still be quite difficult to achieve again considering that Chinese FUD continues to hit the market to affect the crypto market capitalization. Today all my prediction seem to be totally wrong because now bitcoin has almost touched $62K or -$2K from ATH ago. It seems that new history is happening today with bitcoin. Are you ready with the new ATH?.

I have heard it's backed by the ETF expectations floating around. Even though I have even read news that states that SEC has not approved Bitcoin Strategy ETF yet but still some people are saying that it's actually approved but just not being shown to the general public, anyways, I think tweets and news are just excuses, in reality, the price is influenced merely by how the Whales want to take it, it's just that this news gives them a momentum shift which they can use in their favour and make the move even more powerful because retail participates too based on the news. While in reality, the move was anyways going to happen even if there was no news.

anyone would have been wrong when making a price forecast for this year, no one predicted that a possibility of some bitcoin ETF being approved would trigger a large price increase capable of making it come close to or even surpass the old ATH, but the question here will be:

What if they don't approve an ETF? what will we see?

and if they approve the ETF what will we see later?

Much more to come this year, much higher prices to come but this is a big relief to see. Many of us were terrified after seeing the price during all the China & Musk energy FUD. At $28,000 or whatever the bottom was I was scared I’d messed it up again by selling nothing, same as 2017.

What we are seeing is a repeat of 2013, two big peaks with the more explosive, blow off top yet to come. Expect over 100k per coin.

We are about to make a new all time high now and since we are able to reach $60k mark again, I’m very bullish now with Bitcoin.

Sitting on a price of $61k as of posting, we might see the ATH this month so keep your eyes on Bitcoin for now since altcoins can’t pump that much while Bitcoin is on a roar. $100k at the end of the year are more possible now to happen.

Not yet, maybe this week since ATH is within a reach now. Indicators tells a lot and we are heading to a $70k mark this month or even on a higher price. Its good for Bitcoin to finally reach $61k again, that’s a bullish sign and congrats to those who are able to but at a dipper price. Chines FUD wont work at all, we too bullish for that.

I now see the future that before December ends we will be embracing $100k per btc in reality, and it wasn't just a dream but a fulfillment. Many folks expected this predictions to happen anytime, but without any clue or any signs. Everything that has passed away did a very intense situation that we never expected to exist right now, and as price soars recently we've surpassed the challenges of $60k. Now we're heading towards $70k and up depending on how the market situation goes like.

Wasnt really expecting for this thing to happen because i had already expected or anticipated that breaking the ATH would happen on next year considering that we are only 2 months away before this year ends

but it seems i was wrong because of the current condition of the market.I have searched up on whats the reason but it seems this do connected out with ETF but lets see on what would happen next.

For now to those who had bought earlier then it would never be a bad idea to sell of your coins for some short term profits and repeat on the same process.

We need to wait until it fulfills.

Everyone is targeting that price at the end of this year and it's very possible but we have to wait until it's there already.

Right now as it breached $62,600 it made a correction which is typical to $61,200.

It's because people are getting used to their drama everytime Bitcoin hits the bull run and achieved a new ATH price. It's surprising to see Bitcoin price almost breaking the ATH this time, it's just $2k away and it soon going to meet that $64k.

I don't want to ruin the positivity of this price but it seems that $70k before the year end is almost possible. Bitcoin just need a little push and a good news then people will start to see the bright side of hodling.

I think it's time to get that profit that you want and enjoy the bullishness in this month. Don't be greedy enough guys, $100k is too far to reach yet so it's better to stick to the $70k as a resistance.

Will probably get a $5k-$10k drop this Fall. I bet we'll see $55k again this Fall. But I also expect we'll see maybe $75k this Fall as well, and possibly $100k or close to it this winter.

I'd just worry there is a lot of buying on the expectation of an imminent announcement of a Bitcoin futures ETF. Because that is basically pointless. Futures ETF is stupid and does nothing for Bitcoin. I bet that's gonna be a "buy the rumor, sell the news" type of event, the way we saw a big drop the day El Salvador started using Bitcoin.

Anyway, good to see the market starting to heat up again, but I do think we'll get a decent correction before the end of the year.

I seconded this.
Though there were no relevant tweets that causes the rise, but sure the ETF approval is where everyone's eyes is.
One of the main reason for the pump  is that investors were anticipating an approval from the SEC, thus another rally after the approval might take place. So, I guess we'll be heading to a $1000,000 run this year.

Recent top hits a pattern, Im not surely its especially serious in being a top.   It hasnt played out previously in a negative way but its a reasonable scenario to watch

https://talkimg.com/images/2023/06/12/AY4VP.png

Above 59k it would only be a bullish pullback and Im not certain it does as much as that.  Over the weekend is often quite positive price action and we're close enough to the ATH now that I think thats the point the market wants to check off before moving anywhere especially strongly.

And the price continue to soar because of the news about a Bitcoin ETF approval by the SEC.

So it's obvious that the next target will be a new all time high this month ($64k++).  So there's a lot of fomo again because of that news specially the timing that it did broke a whole number which usually is a big mental barrier for many traders. So S2F model is still on track this December to achieved 6 digits.

So is it official proved or not? Going to Bloomberg they state that it “may” be open for listing on Monday. There were a few documents posted earlier today however none of them fully state that it was approved.

Some guy yesterday said that if they were to reject it would have to be today since October 18 is the day when it can launch. However I did some research and still don’t have a concrete answer on this.

So is the ETF actually approved or not?

Finally the reverse bubble burst and the price went back to what it should have been at least 1.5 months ago if there were no FUD and panic sells. Now that the bear whales have lost significant amount of money we can expect very little resistance since there is no more shorters either, and see price soar to much higher prices.

The 4-year cycle continues and $400k+ is still the target I have my eyes on according to previous performances.

How so? The price increase indicates that people are buying at these levels, but with no guarantees that this will continue on specifically before the end of the year.

$60,000 price achieved but that's not all. There's more. The Uptober market is just the start of the bullish fourth quarter of 2021. $60,000 is not the target in this current bull cycle. That is just a mere stepping stone. The real target is the six figure. That should be at least $100,000. There's still a lot of time left. We are still in mid-October. The $100,000 target is locked within the last three months of the year. It is possible it would be reached in December. So let's not celebrate too much yet. The real celebration is in the coming months.

The reason we are at $60K has nothing to do with the bears. If you were looking at the funding rates for the past few months they were mostly flat, maybe a little negative. And whenever we had a huge day with daily gains and if you looked at the liquidation data, there was hardly any liquidations during most periods.

Remember that $1.6B market buy order, I think only like $17M were short liquidations the rest were people opening up long positions. Something obviously was leaked that the ETF would get approved so people have been buying like crazy for the past few weeks. The large CME futures premium was another hint.

The price now reached $61k and I am still positive to see bitcoin will increase more than the price now. But before we see that happens, we might see many up and down trends of bitcoin so the price can move to any price we do not expect. But after what happened to bitcoin, I think the price will stay for a while to prepare for another lifting that can happen in a short time. This month will be bullish, so maybe we will see the last ATH reach before this month's end.

It wasn't really flat and it has everything to do with the bears since it wasn't the bulls that kept on shorting bitcoin each time price tried to go back up (https://bitcointalk.org/index.php?topic=5351022.msg57540281#msg57540281) and broke the momentum.

That's silly.

The news about ETF started recently, I think it was about 2 days ago while price has been rising non-stop for 19 days! Heck I personally consider start of the rise to be July 21 (~3 months ago) when the market reversed after reaching $30k but since there was a small downtrend between July 21 and today, I took September 28 as the start but you can clearly see the upward momentum.

It is possible that this nonsense news is contributing to the rise but it is not the reason for it.

It is already been expected because the United States Securities and Exchange Commission (SEC) has decided to greenlight a futures-backed exchange-traded fund for the first time. First Bitcoin Futures ETF Could Start Trading on Monday so this is maybe the number one cause of the rising of btc price.

2 times all time high in a year after a big drop is never happen before in crypto history, i think this year is special, the price is looks going to set new all time high and followed by other alts having a price growth too.
This year is special for cryptocurrency, there are a lot of new investors joining the space and i'm sure there are a lot of developers also looking for develop crypto projects in the next following years.

2021 will be remembered for a long in the history of Bitcoin market recognition and price benchmark, in April we witnessed a spectacular bull season that pushed Bitcoin price to $64,823 before it drop down, and now the market is gradually recovering back to that all-time high again and I think bitcoin price is going to reach 70,000 before the end of October.

I think that the current recovery is faster than last year. if we go back, then we can see the price of bitcoin fall in 2018, and rebound at the end of 2020. however, this year is different. when the price has risen to the $64k range, and dropped to $30k, even within a few months, the recovery occurred and returned to its current point again. however, the next target is $65k. There's been quite a bit of good news right now, and it looks like many are back in favor of bitcoin. New ATH is very likely to occur this month.

Yeah, as expected and now we could expect the prices to double in next 15 days of time? Anything is possible here still if not in next 15 days then it would definitely do in next 45 days; the worst case would be within 60 days; it means we might get into $100k region by the second week of December 2021 in worst case and in best case, we may test $200k by the same time frame.

I read bitcoin ETF is somehow approved by SEC and mining in Russia is booming up to resume what was ceased in China recently. I guess these news are enough to trigger intensified FOMO. So, bitcoin will not definitely stop around $100k this year which may go around $200k or even $380k by end of this year or by first quarter of 2022.

after breaking the $50k resistance line now bitcoin is breaking through $60k, even today's highs hit $62k. this is in line with what I predicted before, if bitcoin is able to break the $50k resistance line the price of bitcoin will increase very quickly. currently the distance between bitcoin price and ATH is only about $4k and I don't think it's a difficult problem for bitcoin because the positive trend is still going on.

As we know, not all prediction can be true even though it can be done with various analyzes. I think issue about the ETF is the factor that has supported bitcoin's price rise so far that the fundamental are getting stronger. Of course we can expect higher gains with many other factors supporting the price to surpass ATH, but unfortunately there are doubt among traders which made it fail in the last 24 hours despite being quite close to the previous ATH.


Yes, I thought ATH could have been surpassed yesterday but unfortunately failed and the current price is slightly lower than yesterday which was at $62.6K. As I type, the bitcoin price is $60.7K on Binance or down about $2K since yesterday. So it might take a few days to see it go beyond ATH considering we're on a weekend right now.

Price recovery seems to be occurring very quickly so its may create frustration among investors and this also not the right time to invest unless you are ready to lose the capital.

I think the market is going in the same direction as the April bull run, the price increases in the same pattern but this time bitcoin is not going to stop at 64k but will go as far as 100,000 by December 2021.

Bitcoin value went above $62k and is really a good sign that the bull has return despite the fact that it has gone down to around $60k there is a very strong hope $70k to $80k will be achievable before the end of this year hopefully. Those who are too optimistic that Bitcoin price will $100k by December this year, I want to tell them that they should take easy as that will not be achieved this but maybe next year or so.

The fact that we recovered so quickly is proof the bull market is still ongoing and the potential price bitcoin could reach is very high, I would not be surprised if part of the reason the price recovered so quickly is because many institutional investor decided to buy bitcoin in secret for a cheap price and they will announce soon they did so increasing the hype we have in this market to absurd levels and become the reason bitcoin surpasses its previous all time high.

Those who took the risk when buying @$30,000 are the ones who are happy right now. They doubled their money already just by buying at that time.

Now the rise isn't because of hypes coming from Elon Musk or from any influential people out there. Its purely because the bulls are still in control even though we went down from $64,000 to $30,000 :). Well, I just hope that it will continue and surpass its past ATH of $64,000 so that we will have a happy Christmas :D.

2021 is indeed a great year if you look at a bigger picture, yes we have the chance to reach that $70k mark but of course expect another pullback before it happen. Bitcoin is a good investment if you are able to buy at a dipper price, you are now enjoying a huge profit. I do bought and trust Bitcoin during the dip, and now I have no regrets at all doing that. New ATH this last quarter is really possible to reach, keep watching.

Bitcoin has been bullish since the year started and its most likely to end up the year being bullish too. My prediction is not only $70k, but it may reach into $80k because there are still 2 months more to go before this year ends and to think that we have reached already $60k this time. So its definitely a huge success and a huge profits for all those holders who have bought it in a very low price. But for those who kept hesitant to buy and hold bitcoin, then they will surely miss another bull run again that may have change their lives if they took the risk.   

BTC has been growing widely in these last two days, when observing the graph provided by the article I want to refer to the fact that the "volume profile" at levels of $ 57k onwards have the highest negotiation, that is, it can continue to grow in price:

https://i.imgur.com/3S61mh1.png
Source: https://u.today/btc-ada-and-bnb-price-analysis-for-october-16 (https://u.today/btc-ada-and-bnb-price-analysis-for-october-16)

Personally, this is a high price level, I will not anticipate that it can already reach the $ 64k level, because I do not know very well if the plan of the whales is for everyone to take advantage of the emotion to buy while they sell, everything is a matter of waiting.

I might agree with you. I'm seeing bitcoin this time will set a new record of its All-Time high before the end of the year and it's just the start of the 4Q this year.

Unlike in the previous bull run, Elon Musk contributes to that. Today, no manipulation coming from a big institution but rather we say the growth was a pure generic market growth. There's even a China situation that happened but look at how Bitcoin just takes it lightly.

I'm positive that Bitcoin will soon pass its new ATH but I'm not rushing to see that happened.

I surprised seeing yesterday that the price almost reached the previous ATH and I was thought it will pump up more.  But unfortunately, it was stopped pumping at the price of $62.5k.  We know that Bitcoin doesn't have infinite growth and possible there will always have a correction, maybe in the next resistance Bitcoin's price will truly break the previous record.

Speaking of whales, I don't know how they will manage it manipulating the market, it seems the price is hard to manipulate because from time to time the Bitcoin price getting more expensive, not unless if they have much money to manipulate it.

It's because of the ETF approval news that's why the price goes up very quick in short amount of time. But it doesn't have that enough push to new all time high. It's weekends anyways, we might see another attempt for a new all time high next week.


As the market grows so big, with trillions of money already, I doubt that a single whale or any whales for that matter can manipulate that price. Unless these whales collude with each other, but I highly doubt that. Again, better to wait till the market settles this weekend, I'm optimistic that a pump could happen in the next couple of days.

I believe that we should be happy with what we have and not focus on what is going to happen. I understand that people keep looking at the future and that is why they are getting pumped about what could happen. However, if we just ignore that and not care about what the future would bring and look at what we have achieved right now that would be basically enough for us to be happy.

We reached under 30k, that means that we actually did a 2x right now. Can you imagine something like that, literally just 2x in the past few months and we are talking about something that it basically in just a few months and if you do not focus on something like that and be happy then I do not know what would make you happy. I would suggest that do look at how much we have grown right now in the past few months and you would be quite happy at what you own instead of what you could own in the future if this keeps going.

it is true that bitcoin is recovering very quickly, and will most likely break through ATH in the next few days. I am very happy to see the pattern of bitcoin price movement this year because bitcoin reached its highest price twice during one year. I think this is a very difficult event to happen and maybe in the future we will not see an incident like this again.

This is a very good year for bitcoin recovery but by the beginning of next year the exchange rate of bitcoin will have doubled and crossed the 65k milestone and in the long run it can go to a higher position judging by the volume of transactions, the potential price of ethereum, the second largest cryptocurrency or digital currency could rise significantly. If ethereum goes to that level, the price of bitcoin will rise closer to the top.

Yes, I believe this has been a good bitcoin recovery cycle since late April. In fact, it is clear that the market is reacting well and the value of the recovery has represented the complete elimination of the Chinese FUD, which is what which we have never done in the past.

Bitcoin is getting closer to the previous ATH, a moderate swing at $60k is showing that accumulation and holding efforts have formed consistently. The possibility of breaking out to the area of ​​68k - 70k when we have taproot in November is huge. But I doubt how the outcome of the bitcoin ETF will affect the market tomorrow.

Or maybe another ETF approval may have pushed the price to another all time high this month. And as you have said, the taproot is one of the most anticipated released for this year, so around $80k in November and then the "expected", 6 digits in December.

But it was a tough road to all of us since May, when the price goes down to $28k. And lucky for those holders who keeps on accumulating at that the price because it is already a realised profit today when we breach $60k. I'm sure though we are not going to sell until we have $100k or more.

Well, wherever the pattern of price movements sometimes gives certain surprises on its journey, we are here just like watching and preparing related to price movements which are now at the level of $60k. This will certainly attract a lot of arguments/speculations from many people, as well as the interest of many people, that how prominent bitcoin is from time to time shows the best side of its role in successfully blending in with investors and traders.

I don't know if I can still wait for that, or for some investors would wait for that price, you know, whales take advantage of easy profit and they could just sell to make the price dump again and they'll start accumulating again. We've seen a lot of correction already this year, so I believe that correction would come again once a new ATH will be achieved this year.

Reaching its new ATH is not far from happening again and looking forward to seeing the price will reach $70k next month. But, we can't just ignore the possibility that whales will dump their Bitcoin and ruin the current momentum. This might be uncertain but we know and aware of how these whales take advantage on the market, and so we have to prepare for it rather than being confident, otherwise.

I'm not that optimistic when it comes to price speculation, however, despite the price almost reaching April's ATH, it has a long way before it can surpass and reach $70,000. We're only two months away from the new year, I'm pretty positive that Bitcoin will reach a new record in the near future, however, anything higher than that may be breached within the last weeks of December.

There's a bright future ahead of us, I'm hoping that new challenges will unfold in the upcoming year.

All the people who are all still pessimistic like you might get surprised when bitcoin will show you 100% rise in very short period of time like 1 or 2 weeks of time. So, getting into the region of $70k may happen at any time hence you need to be ready to embrace new ATH.

Anything above the current ATH, could be considered as a new record price but I want to be more precise on that.  I mean I am too positive about getting into $100k levels by the times of new year. $100k is the minimum we could expect and the maximum is something we could not speculate right away because some experts are speculating about reaching $400k levels as well by end of this year.

One fact that bitcoin is the most profitable investment, happy because the price hits $60k again and I'm sure we will get new ath in october, maybe around $70k, keep buying and holding then we can reach the end of the year $100k price.

The rally end up to almost 63,000 a 1k below to the recent ATH

https://coinmarketcap.com/currencies/bitcoin/

Now again bouncing from 60k to 62k and what comes next is nothing we can speculate , but  if we will help the market by Buying and keeping it up? then maybe we can across that ATH within this Month of October.

Of course depend on How whales stick to their plan of holding lol.

But its hard to say about buying while as we know not everyone can do it but if majority will not sell at this stage maybe we can contribute towards the pump of the bitcoin since we cannot add up the sell pressure in the market. But its hard to speculate about this as we cannot decide for others and the only thing we can do is to wait and see on how this bullish season end up also if we can see another ATH this year for bitcoin.

Just a little bit more bitcoin hitting ATH and the high in october was $62.5k but still not strong enough to hit it but I'm sure it can still hold on to $60k and people are still holding on to it and nothing else we can say just waiting for the next few weeks.

It's actually still the same way when bitcoin stayed at $50k for a few days and after that the price bounced up after the rally came, so it won't be any different than before and we'll definitely hit the target for ATH.

This is my speculation reminiscent of the previous one.

That is the biggest barrier so far, $63k-$64k might be difficult to break. But we still have this week though, it's been very unstable from $61k and up, which means there are a lot of constant buying and selling, we can see it in the volume per day.

So let's wait for a bit to break that barrier, I wouldn't be surprised if we can do it this week. I'm a bit off the last week though of October or at least of every month because that's where the selling happens.

I honestly once thought that the price drop after bitcoin hit ATH in April would be the same as it did in 2018, but I was wrong because bitcoin recovered quickly and managed to hit its highest point twice in the same year. many people waste the moment when the bitcoin price is below $30k because indeed many people don't think bitcoin will recover that fast.

The pressure coming from day traders continues to harden the process of breaking this barrier; I was thinking that after breaking $61K

it will be much easier to continue moving upwards, but it's not.


We never know what are the possibilities, but as long as there are people who continue to support and to work positively,

It ain't hard to see another good spike and a possible breakout before this month will end.

It is hard to predict how the market would perform, i was also monitoring the market to see how the market would go as i too wanted to take my position and i was expecting huge sell off but there is a decent buy wall and lets see how the market will perform in the next two days and will take a position. With the way the market is performing we might hundred thousand by the end of this rally.

The quick recovery of the price of bitcoin was a good achievement despite reaching an ATH mid year, the price crashed and dumped to almost as low as $39K due to some bad influence, inspite of all the negative tweets about bitcoin and banning of cryptocurrencies related activities in China, bitcoin defies all that and resumed it bullish trend which the price is currently experiencing, I believe in few days to come another ATH will be achieved going by the current volatility and momentum of the price I now believe that bitcoin is unstoppable.

I think we're struggling sideways at these top prices, its not yet a break through scenario.  Usually a good foothold is required to launch upwards and at present that doesnt seem ready.   A trader tells me its clearer on monthly bars and it might revise possible top pricing there still.   I think we remain convoluted (https://talkimg.com/images/2023/06/12/AYLhz.png), prices will revise downwards before a better attempt upwards appears.

Yes we are going to see another most exciting bull run in coming days which means what we are actually looking for has not been achieved but we are on the right progress. Many people are speculating about getting into $100k price levels but I am expecting just double of that. Because, if every four years there will be 10x growth in bitcoin markets then we should get 10 times of ATH of 2017. It means we must get into $200k price levels by end of current bull run. By considering the level of interest being shown by institutions and governments on adopting/investing with bitcoins, I guess $200k will be possible by end of this year. So, really exciting days are ahead for this community.

It seems too much for me, 200k by the end of this year? But everyone is free to speculate in this market. For me, don't go overboard and rely on your speculations how you will manage your portfolio. It is quite hard to base your movements for something that is not yet happening. But it is great that finally SEC approved the first Bitcoin ETF. This, I believe, is one of the major reasons why btc price goes up above 60k. And if we will see the positive impact in the community, then, the price may continuously go up. However, it is better to be conservative with your hopes here.

Yes, you cannot expect everyone to keep constantly end up buying, there will be a situation where people will end up selling and that will be the situation we are in. If we had zero sellers, everyone just bought, then who are we buying from? Let's assume that instead of zero sellers, we have people who are selling right now and there are zero "new" sellers, that would mean that the price would skyrocket like insane, it would be 100k+ in a few days, a million dollars in a month.

The only reason why it ever goes down is the fact that there needs to be people who sell, it is true for all the markets in the world and everything that is sold or bought in those markets. This is also the reason why we go up as well, I mean if we had no buyers, or at least no new buyers then the price would crash insanely as well, we would be under 10k in a few days, so buyers make the going up part as well. So, it is quite normal to have this situation, it is normal market behavior.

We are heading to break the last ATH, very close to it as we are at $61,400 ATM. Although this seems not surprising but hasn't expected this huge recovery as the market price moves sideways in the past weeks coz I thought it will go back down after China banning issue.

Well, anyway...
This October gives some realization about how to become a holder and having some faith in Bitcoin well seems to get rewarded and here it is. If this current momentum will continue, $100k is not quite impossible.

Well that's always been the case when we are about to break psychological barriers price right? like breaking $48k, it took us many attempts, and so is the $58k. So this is no exception since we are breaking all time high.

And I also see some corrections if we ever goes to $64k-$65k this month. Just some minor correction and then goes back and leg up on November again.

The last ATH will be missed in the near future, and Chinese FUD is no longer a concern because it is too frequent and boring and on the other hand the good and positive news outweigh the negative news.
and it looks like the positive news will continue and will gradually increase the price of bitcoin and will enter the new ATH and so on, and besides that investors are thinking smart in assessing Chinese FUD because it happens from time to time but does not affect the bitcoin price which continues to rise.

The principle of supply and demand still exist, the logic of your statements dictates that the behavior still normal. If there are many investors who's willing to keep holding their coin, and sellers setup their plan selling value to much higher value, we might see more increase but it's not the concept of trading, there are day traders who continue to earn with whatever the market is bringing them.

They are aware of every potential and they are willing to go with the flow. These types of traders also have a good impact with the whole ecosystem, they are adding the weight either buying or selling positions.

the big resistance is at $62000 and it was expected that every time the price does not reach $62,800 the price drops a lot towards the strong support zone which is at $58900, but the real reason it is not falling too much is the expectation that people have hope that later this month we will see the SEC approving some physical bitcoin ETF, this means that in case the sec delays or rejects any physical bitcoin ETF the price of bitcoin will drop a lot

Yes, everyone has the right to speculate or make a prediction. However, why don't make a reasonable prediction? $200k isn't something likely to achieve this year, it should be not enough time to go up to $200k. If we can see Bitcoin reaching $100k, I think we get a miracle this year. I just assume that Bitcoin can have the highest price around $80k. People will sell their Bitcoin at that price and the Bitcoin price begins to drop massively.

People are so bullish so its not impossible for breaking that price this week but as you said it may be difficult to do since their are lot of sell pressure happening but I believe that the demand would come once it will touch at $63k and maybe that is the indicator for us if we can break that figures and maybe we can reach at $70k if that happen but let see there's still lot of time for this year and lets also see if bitcoin would really hit the $80k-100k price this year.

Everyone is free to employ whatever strategy that they want, if you think we are going to see a drop before we reach those levels then it is correct to think what you would do under those circumstances, however a great deal of the community is targeting the 100k level, and this is what it makes me very confident that we are going to reach that price, because even if the whales can manipulate the market at the same time not even them go against the overall trend and instead they take advantage of it.

I am not expecting a correction here after until we reach $100k levels. Probably we are going to have a very strong bull can from here after which is the reason that there will be no room for correction anymore in the remaining days of 2021. So, probably we might be having correction by the beginning days of 2022 because after bitcoin reaching some unbelievable price levels, people may start profit booking which might lead to a correction.

Whales just want money and what will be the benefit when one or group of whales are not working in the same direction of other whales and institutions. So, definitely everyone might be working toward $100k levels or more than that before end of this year.

Don't be too confident that we will not have any correction in the next coming months because as we have seen in this market, everything is possible. The up and down movement is just a normal trend but I may agree that btc may not go down much anymore. I am still hesitant if we can reach the 100k level this year, but who knows, right? If you feel that there's the chance of reaching new ATH here, maybe time to accumulate more or hold your coins as much as possible.

What we need now is breaking over ATH, it has historically been a very difficult thing, the moment you get close to it, it becomes a very difficult and hard thing but at the end of the day we do reach those levels and I hope that we reach those levels as well. What we are going to face now is that we should not be doing something stupid like selling as soon as we see a little drop, there will be some push back from the ATH levels and it will drop, but as long as we keep trying and buying constantly then we are going to end up with something profitable and good eventually. This is why I believe that as long as people are bullish and keep on buying then we will reach 70k+ levels for sure.

Correction will always follow the increase of Bitcoin price, I am sure there will be still some corrections. We have no problem with correction as long as it is not the beginning of bearish. However, after Bitcoin price reaches $100k, most people must think to secure their assets by selling their Bitcoin immediately. I doubt if there will be massive selling at that time. Then, this actually triggers the beginning of bearish.

This happen always after price of bitcoin surge and mostly this was the start of the fud so for newbies they need to be careful on believing on what negative information spreading after correction strikes since if they believe on that situation then provably they will miss to earn or either lose their money for believing on unverified information they will get.

I don't also think we will see a massive selling since at this month people mindset is so bullish.

Bitcoin has reached its latest price level of $64K on Wednesday October 20th. bitcoin is a very good investment and is in demand by institutional investors because bitcoin has a very fast recovery mode. from the price of $ 30k able to penetrate back to the price of $ 64k within 6 months or 1 semester. The bullrun market is happening right now and it is a special concern for investors, when is the margin peak of the current market price index, because when the top margin index is reached, the market will be bearish.

I do not really remember last year exactly but it felt like once $20k was broken it seemed relatively easy for price to just keep going up. I think the same is happening right now to be honest. We did not fall back from $60k,,, in fact just slowly adding more and more. A few hundred dollars away from 2021 ATH right now I hardly doubt we will fall back from the past week's patterns :)

It is obvious that people will have hard time understanding how hard it is to do what we did just now. We moved from 64k to under 30k to 64k again in literally just 5 months. It was late April I believe when we reached ATH right? So May, June, July, August, September and now back at it again on October, let's say 6 months or so, that's half a year. So in half a year last year we moved from 10k to 64k, then in half a year we moved from 64k to under 30k to 64k again.

This means, (obviously near impossible to hit it on the nail each time) if I spent 10k last year and bought one bitcoin, I could have sold it at 64k, bought back again at 32k and get 2 bitcoins, and sold again right now for 64k and have 128k. This means from September last year to October this year, I could have made 12x return on my bitcoin easily. These type of movements are INSANE when you think about it, 12x return on the highest coin, much more when you deal with smaller alts.

Yes, the truth for me is uncertain to know what is the reason why BTC continues to rise, I have been watching the chart by tensorcharts.com, which I like a lot because it is a platform that gives real-time negotiations with the correct volume according to The Exchange, I have also reviewed the Shorts and Longs in tradingview and they are neutral, the truth is I think it is one or more whales that are buying and buying, it is for that reason that BTC continues to increase in price.

Of course this is my perception, in my opinion it may be influencing the entry of ETFs, perhaps the emotions of the traders is increasing, that is what I speculate for now.

The launch of the first Bitcoin ETF in America, many beginners started to adopt bitcoin so that the bitcoin market jumped quickly from $60k to $66k in a week, then suddenly the market dropped rapidly to $60k again in two days, after I watched it turned out a lot investors try to find profits when the market has soared so that the market drops or declines sharply.

The price of bitcoin has continued to strengthen since the last few days. Even Bitcoin again set a new record. Currently the price has broken through $63k on coinmarketcap. The trend of rising bitcoin prices was also followed by several altcoins such as ETH and BNB. Therefore, it is likely that the bitcoin price will not stop here, but continue to set new records that will even reach $100k by the end of 2021.

As long as Bitcoin is still above $60k, I believe Bitcoin is still in a bullish trend, meaning Bitcoin will continue to rise until the end of this year.
The past few days the price of Bitcoin seems to be strengthening and slowly starting to rise again, hopefully in the near future Bitcoin is able
to return to the ATH price that was achieved 6 days ago. If it turns out that Bitcoin managed to return to the ATH price, I am increasingly
optimistic that Bitcoin can reach a price of $100k by the end of the year.  What's nice about Bitcoin's rise is that the price of top altcoins
also goes up, because the increase in altcoins can indeed be affected by the increase in Bitcoin. This means that if we invest in altcoins too
we can make a profit. That is the importance of investing not only in one coin, so that when the market is bullish, the profit generated can be
obtained from several coins.
 

When the month of October had kicked in then there's some significant rise up on the price which is way more than on what we do have on September
but doesnt mean that we wouldnt really be having some possible correction on next month of November.We've seen new all time high price point
but after that the price had corrected but somewhat able to recover after than.It is actually a good time on making out short trades on that time since
price is way too movy.

bitcoin is holding on to the price of $60k, bitcoin has repeatedly returned to the price of $60k as it weakens a bit to break through again on the new ath. now bitcoin is still in the red zone is struggling to get back into the green zone.

It is expected by many people that Bitcoin will reach that amount by many crypto enthusiats that's why i think many people invested earlier so they gain profit now and the they taste the fruit of their waiting.

Short term wise, I agree with you. buying top 10 alts are more profitable especially if you are only a small investor who can't afford to buy a whole Bitcoin, you can use your money to buy and hold good and quality alts or more on splitting your money to find good projects and invest in, wait till everything pumped high and bring you decent profits.

The thing here is how long you want to invest and how high you are willing to wait to maximize your earnings if you will going to use Bitcoin as token of your investment,.

The bitcoin recovery phase is not over yet as the market slides below $59k as at the early days of this week. The most important aspect of the whole recovery process is that bitcoin constantly maintain a slow correction speed and have held strong to 60k above price.

Bitcoin has continued to show up and down price movements since early 2021 until now. While there has been a slight drop in price after hitting ATH a few days ago, it is still within the reasonable category. Bitcoin's bullish trend will continue until the end of this year. Therefore, for the resistance level, I see the price of $70k will be the next price target to be broken by the end of this year.

The drop is what I think normal since we always see that happening specially when the price a new ATH and this one should needed to look closely by newbies since its hard to get FOMO will the market is continuously raging up and the current incident should be one to look up since if many will realize about good time to buy at the dip for sure many will earn even if market is red. Although its hard to spot the best position to buy but once you are aware on market movements we can possibly get a hint on what will happen  next.

The current market is very solid and not too volatile, many experts believe that when the bitcoin price reaches more than $60k it will drop like in July which was below $30k, but looking at the current market I'm optimistic that the market will continue to rise and new ATH will continue to happen until december to reach $90k.

We should not be concerned with every drop, if we keep on focusing on the drops then we are not going to be making any profit when the time comes for higher prices. It is obvious that we should not be focused on what we have and instead focus on the future right now. Corrections happen all the time whenever we reach a new high, we always had highs and then drops, as long as drops are this small there is no problem. We reached a brand new ATH this month, that should be reason enough to think that we are doing fine.

Yes, there are many people who got scared and sold their coins, but it is clear to me that we should be feeling fine, just because some people got out doesn't mean that the market is crashing, in fact it is as strong as ever with high base price.

On this community then we do really believe that price of bitcoin would always have the potential on breaking new all time highs and everything is really

still on question and no one would ever know on what would be next on line because price or this market itself is way too unpredictable.

Lots of speculations and anticipations do happen but still the market cant really be known on where it would be heading.

Seems to be a large amount of indecision still within the price movement, currently just between the 2 day and weekly averages.    Im not sure how to intrepret it overall but surely sellers are still feeding weakness into the price action

https://talkimg.com/images/2023/06/12/AYs0J.png

Lows of today reflected weekly closing highs for the spring BTC pricing.   Its probably an important area still being bought up, good marker for positive or negative going forward would be for us to hold 59.6k

You can speculate on the possible market movements but you can already see some hints when you read the current news and happenings. Of course, it is still hard to know the market movement but you may think positively if you will read news like El Salvador bought another 420 bitcoins. So for me, it means, El Salvador has strong stand with their crypto involvement and this is good for the crypto community. The more support, the better, because it translates more demand of our bitcoin.

https://www.bloomberg.com/news/articles/2021-10-27/-el-salvador-buys-the-dip-and-acquires-another-420-bitcoins

I was thinking of 2 price reactions that could be recovered and created a new ATH in the short term.  1 is a correction market with 55k and straight up 72k, 2 is a market that goes quickly to 70k and returns to 55k before reaching 90k.  At this price range of $60k, the advantage is much less and that's why I think they will make a correction.

As October draws to a close, the price of Bitcoin continues to stay above $60,000 (at the moment it'sabout $62,100) so it's not too far from the new all time high set earlier in the month.

Hopefully, investors will continue to be encouraged as economies come out of hybernation at we'll see $72,500 by year's end.

bitcoin has often been in the red in recent times, it looks like bitcoin is having a hard time breaking new ATH later this year. I see that to be able to penetrate the new ATH there must be a strong push.

Yes, in fact the premise is that according to many investors, even the Stock Market predict that the price of BTC can reach $ 168k, and I think this goes much further. When we review the S2F model from PlanB we can realize that its first target is for $ 100k, and as it can be reached this year, however, when it reaches $ 100k it may drop suddenly, since many will sell.

I think that if it happens, and the price falls, the whales will eliminate the offer for that price range in order for BTC to continue to rise above $ 100k, in fact, it is presumed that this important movement will take place this December.

Better to anticipate that kind of actions when the price peak up to that level,

Early holders together with day traders are possibly cashing their investment out. That kind of opportunities will surely give them the idea to sell it out and make a decent amount of profits.

Then wait for good timing when correction takes place. We don't know or we can't accurately predict the market, but with good patience and trust, maximizing your profits is very possible if you aim and react accordingly.

For now, the price of BTC has remained above the value of $ 60k, it is a fact that it does not look like going down in price, however it is necessary for those who have doubts to have a Stop Loss that guarantees them that they will not go to miss.

For those who have their "take profit" at levels higher than ATH it is not bad, because we are starting the penultimate month of the year, 1 month ago it started very good for BTC, because it rebounded very well, but now we have to wait, they all have saved your expectations for December, however many things can happen, it is natural that some feel panic, others anxiety.

Yeah, it's moving up and back to $60k at least.

This is for the traders but as a holder, I don't have any doubts and won't set any stop loss at this time. But the typical investors and traders would set that for sure just to be safe.

Got me feeling like this new price point of 60k is the very absolute lowest we will ever see again for a Bitcoin.

Most of my fiat is already invested in Bitcoin but I do have a small portion set aside in the event it dips below 60k which I would be surprised if it does.

the red color often occurs because bitcoin is gathering energy to create a big push. this year the bitcoin price has always recovered quickly and this year we have seen the peak twice, so don't worry when the market turns red because bitcoin will recover and will reach a much higher point.

After reaching ATH a few days ago, we still hope the bitcoin price can continue to increase significantly until it sets a new record again before the end of 2021. The potential to continue to strengthen is certainly there. Given the graph of the increase is still strong until now and the demand in the market is also increasing. So, the next price target of $70k will probably be reached by the end of 2021.

long-term goals will choose to keep their assets intact, but yes, short term or day traders are more on profits.

They will set it up and keep repeating the strategy, Keeps on rinsing and collecting possible profits / sure profits from each trades that
they'll going to execute.

Long-term traders will continue to buy and hold. Whatever the current value, it won't be an issue. They will embrace it with open arms.
believing that in the long-run, maximizing profits still the best and better way inside this market.

This is very true. As a hodler, I am hodling since $5-10K levels, as the target has always been 6 figures minimum. But as a trader, breaking down below $60K could mean cheaper prices in the high to low $50Ks to consider. So there is always a small % to consider selling in order to try and buy back for cheaper, whether it happens or not, because it's simply a trading account.

Personally I've been focusing more on taking altcoin profits back to Bitcoin (>50%) in order to reduce risk and indirectly buying back the $40-60K range, in anticipation of much higher prices in the near future.

That's a very good move when you have seperate trading accounts and investment accounts.
On investment accounts, holding the coins for a long time is the purpose and selling at the very high price in the future is the goal.
And on the trading account, speculating by placing a stop loss and want to buy the coins at lower price is okay because we need to earn daily profits from it.

We seem to be wavering, some call it consolidation and so expect future strength but I'm not sure continually sideways cant resolve downwards, test a lower price for support.   We are below the weekly average now, I'm not clear on the range we might be in as I would not change my longer term stance until we breach something like 50k or the 50 day average.

https://talkimg.com/images/2023/06/12/AYmM9.png

59k here is the monthly average and also I remember this being some significant price previously.   Perhaps a reasonable target for those lower price action, mostly we seem stuck to prices about 60.5k to 63k

Everyone has different goals when buying Bitcoin, some have been buying Bitcoin for a long time and they will hold Bitcoin in the long term or until
their target is reached. There are also those who take advantage of the volatile Bitcoin price to trade, they can generate profits in the short term.
Both trading and investing are very profitable to do, it is up to each person which one is comfortable to do. If we want to do both, it's not a problem,
the most important thing is to have a different account to do it. So it's easier to manage, and the profit generated can also be separate,
so we can compare the two. But for me it's more comfortable investing than trading, so I'm not too worried if the price of Bitcoin experiences
a correction below the $60k price, or vice versa when Bitcoin suddenly returns to the ATH price. I'm only focused on buying Bitcoin when I have
extra money, and will only be sold when my target is reached.

and Yes after 5 days when you posted this one? bitcoin climbed the highest value again to 66,900 almost 67k to be exact .


this is the highest and maybe the ATH for this year as the struggle to break 70-75k is still there.

but of course lets look to what will happen in the next month as the end year approaching .

After bitcoin's price hit $67k and this is the second new ATH record since the first ATH last April. This indicates that the upward or bullish price trend will continue, as some experts have predicted that the bitcoin price will reach $100k early next year.

I guest the year 2021 will bring about lots of exciting price and bitcoin may increase to as high as 70k before the year end. Bitcoin at this moment is selling for 61k and above which is already a significant account.

I think there have been lots of little announcements that have boosted the price up since it dropped back down. It becoming an official currency in El Salvador has given it a lot more credibility in the fiat currency world. Things like Mastercard planning to offer abilities for various cryptocurrencies in future is a huge boost to it - they are one of the few large payment card providers in the world and it will give huge accessibility benefits to Bitcoin when it gets going. Then we have lots of banks announcing that they have plans to allow cryptocurrency purchases in future. Collectively the trend is still positive and this could mean an even higher boost than what you're expecting.

If you are bullish of course you'll believe that the uptrend will continue. However, if you look at the movement of bitcoin now, it's still tricky as it hasn't moved to $60k+ that could easily break its ATH, and with this kind of movement, there's a possibility that it will dump again before it will try to bounce back and probably break the current ATH.

Look, it wasn't as bullish now compared to when bitcoin hits its ATH prior to the current, so as I said, it's very tricky, we have to be careful with analyzing the price and don't assume that the market is bullish because of the bullish sentiment.

There is a price pullback from before, caused by several influencing factors, another landscape is starting to be achieved at this time, although at first it also experienced a not too big correction, a sign that bitcoin is being played in the market to reach a good peak at the end of the year, even a lot sources say the end of 2021 bitcoin will reach its highest price than before.

I believe that those small news that happened do not really impact the price right now. El Salvador was a great thing but the day it happened we had a crash, probably man made manipulation as we can guess but those type of stuff are not the main reason why we are seeing these increases over 60k.

I believe that people are hyped about it again and that's it, you do not even need a proper reason to be hyped about something, it could be hyped anyway. So, I believe that we should just let it be, do not search for a reason and you will just be fine. I hope that it will get better, it should be higher than even 100k and we do not need any news for that at all, just a bit higher, then people get hyped and buy more and more and FOMO becomes real and suddenly you see it skyrocketing like crazy. This is why I believe that we are doing fine our own without needing any external push.

It's really two fold in this market, majority buy the news that's why there are FOMO. While whales try to manipulate it by putting a big chunk of sell order to scare small to medium traders and that's what probably happened in the El Salvador news.


Once that hype is build up, it will be called FOMO then, but so far the only the news that will hype bitcoin investors is the Taproot activation which will happen in the second week of this month. So let's see if I'm correct that it might be the catalyst to push the price to a new all time high this month.

Actually, when October could increase, the same as the forecast in 2017 which increased by 47.81%, it is certain that October has reached $70K, unfortunately during the last week of October there was a correction so that the increase in October was not maximal at only 39.93%.

the beginning of november the first week was not so good it was a minus, and now it is at an increase of 1.1%, we hope that bitcoin can increase by more than 2017 which is at 53.48%, can bitcoin do well ?  there will always be surprises and bitcoin will be able to do.

the end of the year bitcoin should be able to reach $100K + and this will be seen from the increase at the end of november, if it can be the same as 2017 alone there has been an increase that can be experienced by bitcoin. We hope that the resistance at $70K can be surpassed by the end of November so that year-end results can be maximized.

That kind of expectations still possible, if history will repeat itself and if have that same pressure, we might see how well Bitcoin will performed, long-term investors will continue to hold and will patiently wait for this forecast to achieved, while scalpers and day traders will also continue doing what they think is best for their investment,.

We can't conclude what are the real score before the year will end, but the fact that we experienced this new ATH and expecting another one to come up is good enough for believers and holders.

We might see more or we might experience correction again. ;) 8)

You are right about the FOMO, but it is necessary to highlight something, in recent months we have seen that the BTC market has grown in a monumental way, new investors, new speculators, therefore the more demand the supply decreases and the price increases, What we must be clear about now is what will happen in the event of a possible strong trend or correction? Those who trade in the short term, sometimes do not have time to react, but in the long term if you can give yourself some time to protect yourself, at this moment $ 60k is one of the best prices, in fact one could speak of a possible zone of liquidity to resist the onslaught of a bearish trend, this puts in context that the $ 60k level may be vulnerable when bears strike when least presented to them, or that longtime BTC investors go short to Buy and lower the price, all these possibilities are there, that is why sometimes a small percentage of BTC could be had with a Stop Loss not so big, but bearable.

Since the bitcoin price managed to break the new ATH record it reached a few days ago, the upward trend in the price will continue in the rest of 2021. Even after the bitcoin ATH break a few days ago, many analysts predict the bitcoin price towards $100k early next year. Therefore, if you are a long-term investor, don't worry when the Bitcoin price drops slightly, take this opportunity to buy.

Bitcoin price increase is now welcome for those who dare to buy when the bitcoin price was around $45-$50k at that time, many thought that bitcoin would experience a lower price decline due to sentiment from the chinese government, but in fact now bitcoin has been able to break again the new ATH, I think with strong fundamentals, we don't need to doubt the price of bitcoin because so far bitcoin is very suitable for long-term investment as @asrinur said.

I understand your optimism, but you have to understand that it will take some time. There's no such thing as parabolic rise, and if there is, it's not going to be healthy in the long run as this might case another collapse in the price.

So we are still in the $60k'ish range after reaching another all time high this month. Others might call this correction or some minor pullback. But it's just normal, and we have to wait if we can really get to $100k or not this year or at least early 2022.

That could happen since the market is still bullish, however, we also have to pay attention on what happen in the past because after bitcoin reach a bull run, the heavy correction happen so we should never neglect that possibility so we can make a timely decision on selling and not waiting until the pice will dip so much because we can always buy bitcoin at dip.

Hopefully, that can happen before the end of this year so we can celebrate the highest price of bitcoin by selling some bitcoin to make a big profit. And when the price drops again, that will be your good time to buy more bitcoin at a low price so you only need to hold with the other amounts of bitcoin that you already have. The last ATH can be broken in the future because bitcoin price can go towards the next highest price so we should have more patience to wait for that time.

Yes, most people predict that by the end of this year, the end of December to be exact, the bitcoin price is predicted to hit 100K and there are still a few more weeks to get there.
and I am still optimistic that it will happen and the current decline is the right time to buy bitcoin, and every time there is a new ATH there will be a decline or correction and after that it will rise again and exceed the previous ATH, so this decline is the right time to grow ownership because the new ATH will exist again and continue like that.

Another great opportunity to buy back at it is very cheap again. Yes, we still have a full month of December to really push the price to 6 digits, but we need some news to sell it to investors, a FOMO. Not sure what news it was or probably another ETF approved.

But I still positive that we are still very much in the bull run session, it's that that we need to stop this herd from running, refuel and give some breather. Because once again, if this bull continue to run up to December it will be hard to stop.

There's enough reason for a bull run this month of bitcoin continues to pump, but it failed and didn't happen despite achieving a new ATH again. So now, we are again struggling to reach $70,000 as the trend is going down, maybe it's a little correction only but who knows it could also be the start of the bear market.

Lots of possibilities, we cannot just close our eyes on the bear market although the bull market is what affected our state of mind now.

Anyway, good luck to those who buy now, maybe you'll get quick profits, maybe not.

The bullrun session is still there it's not about the failure to hit the ATH record but the usual correction and not the start of a bear market either.
Remember anyone who dares to buy now he's pretty great I believe $70k can still be penetrated this month and don't think much about the bear market but in times of correction we must quickly buy for short term profits.
Even though a lot of anxiety is going on about bitcoin still not surviving but that hope is still there in the next bullrun session.

There is no such thing as parabolic rise? Have you ever met any crypto in your life? :D. All jokes aside this is a parabolic rise, it moved from nearly 29k to close to 68k at the top, THAT is a parabolic rise. Sure it took a while maybe compared to crypto increases, but it was simply just 2 months, literally just 2 months. We should be very hopeful about the future of crypto.

I am not saying that it will be going up forever and we will never have any crash at all, of course we will have some drops in the future and of course it could be tomorrow as well. However, if you want to be hopeful about the crypto world then you could be, there is nothing stopping you from doing that. This is why I am quite happy about what we are doing right now, and you should be happy about it as well, let it go up as much as it can before we have that famous drop that everyone expects.

As it's a parabolic rise, I fear that we may witness another drop in the value of btc before it gets charged again. But that fear is for those who will get liquidated in futures, I will maximize my btc holdings if it shoots itself downwards. I don't think of a collapse but a pullback is absolutely possible and necessary too because even in a parabolic run, btc can't go up and up only, may come down again but slowly.

There is still the element of time in a parabolic rise in my opinion. Although bitcoin has risen tremendously, it take some time before we reach today's price as compare to a parabolic rise which is very short and super fast like in December 2017. Unfortunately, it followed a bear market and that is what we are trying to not happen as well (although bear market is inevitable).

That's why there are proponents who just love to see a steady rise in prices and not that very quick rise of $10k or higher in matter of days because it's not healthy in the long run.

Drop?

It wont be called a market if we dont have those drops and corrections because we cant really just see a condition on where we do have some continous price increase thats why you should really anticipate for those probabilties to happen.

For now we are hovering in 64k price point and i do believe that it would stay up for a while on these levels before we do able to
break that 70k price level.

As a trader or investor then you should know on how to utilize these movement for your benefit.

Indeed. The growth of bitcoin price tends slowly but sure so that gives us a chance to accumulate more bitcoin. It is exciting to follow bitcoin moving as we can actually buy low and sell high and make some profit before we can make a big profit in the next high peak. But we have different reason why we buy bitcoin because some people will want to sell their bitcoin in a long term while the other people are trying to make a profit from the up and down of the price.

The lowest yesterday was $62,000 so if there's someone who have bought at that price but it's not that much that he has spent, it's just a little profit.

The higher capital, the higher profit that shall get. While bitcoin recovered the firsts corrections, now we're about to see that it will recover to the next goal which is going back to $66k and going for the barrier.

The potential for bitcoin prices to reach a new all-time high is quite good, bitcoin is still playing in the uptrend area, it is seen that bitcoin prices are still forming bullish with the potential for an increase to the level of $70k, although there is a slight correction at this time, it is still a natural thing to happen. Therefore, I believe that the price of bitcoin will experience a significant increase in the remainder of the year.

but indeed so far if we look at the past few months, every bitcoin has reached ATH, there will be a correction again, and this behavior continues to be carried out by bitcoin. clearly this is a sign that indeed bitcoin is on the path to improvement.
as analyzed by all analysts it is not impossible that indeed bitcoin will reach its maximum increase by the end of this year.

it is not impossible that indeed what some analysts have been saying so far is that there will be an increase of up to $100K by bitcoin by the end of this year. I myself actually think that bitcoin will actually be able to reach more than the price of the analysis.

I completely disagree that the $30K-60K recovery was a parabolic rise. But instead of simply arguing this theory, I will prove it:

https://s3.tradingview.com/snapshots/c/cBwDMXIQ.png

Note how a parallel channel can *so far* be drawn for the price, with a mid-level as a consistent average. There is additionally no third touch-point of support to confirm a parabolic rise.

https://www.newtraderu.com/wp-content/uploads/2020/05/Parabolic-curve.png

This is what a parabolic rise looks like, it's a curve not a straight line. It's based on exponential growth, rather than linear growth. It matters not that price went up by 2x in recent months.

I'm sure there are many short-term traders who makes some good profits after this bounce, the market is bringing good hype again after losing some momentum, I'm afraid that there are also many loses which most of them are in the class of newcomers, they are the victims of this volatility, make sure to understand how the market works before you engage yourself into this business, it's very dangerous especially to those who are impatient.

The market is a good venue to earn if you know what you are doing and you fully understand how to play with the situation, if
you don't have that much, better to seek for good education first before you push ahead.

That's right, the decline that occurred in bitcoin at that time slowly recovered by itself, this had an impact on bitcoin to continue to be pumped gradually, and it is likely that bitcoin will continue to attract strongholds before the end of the year, until it reaches the price expected by most large investors, if this pattern continues, it is certain that bitcoin will be at a high price at the end of this year, so that everyone will see the start of the year with joy.

We need to see a new ATH in order for bitcoin to pump again, it's very stable now, and it doesn't signal that anything big could happen, still depends on the news in the crypto world, if we have some positive news to hype people, then most likely we will witness a huge pump again and those who buy during the slight correction might again enjoy a short term profit.

Yup.

It is for sure that many have made a lot during the bounce back. Those that have been losing, it's either they take that as a very big lesson of not going along with any hype made by the market.

Because the next time they see the market on the same pattern, they're the ones that will capitalize the situation of the market and won't be a loser any longer.

The world news for bitcoin is currently quite grounded, this indicates that bitcoin is increasingly in demand by the public, positive and negative news is very dependent on big investors who start eyeing bitcoin at the end of this year, and maybe something positive will be experienced by bitcoin again, to reach ATH only the third time this year, let's see at the end of the year, whether bitcoin is able to become ATH for the third time.

I think we're ok above 63k but the price does lurch worryingly downwards every time it rises for some reason.  Its lost the weekly average again and now if we do make a lower low that'd would lose the recent possibility of a recovery I think.   We could trade back below 60k again if these current positive trades fail to get anywhere, speculators will sell and it will show in the price.  We dont have outside selling pressure yet I guess or it'd be worse.

That's the condition of bitcoin in the market, from the past until now we see large drops and pumps almost all the time, but in contrast to the condition of bitcoin at the beginning of its emergence, nowadays bitcoin continues to increase, both small and large and transactions continue to grow to this day, many people expect Another interesting bastion season is before the end of the year, so other coins are also feeling the pumping at the same time.

Speculators are playing and they are waiting for a good sign before supporting the selling pressure. If this market movement failed to produce a good bounce back, $60K might be breakdown. Still unpredictable and the market is not giving any sign of pulling up or it will start to fall solidly.

Personally, I want to see $60K as a barrier and hopefully bitcoin only resting for a while and forming from this range.

We will see another set of surprises approaching to the last month of this year. ::)

It's not the case though, as the price goes down below $60k now, I can't remember when was the last time we saw $59k, but it doesn't look today.

Anyhow, let's just look at the bright side, another buying opportunity for us, whales and retailers.

There were even news that some whales $12 million+ worth of bitcoin @62k. Maybe some whales again will buy at $59k to have the price steady at $60k at least this week.

https://cointelegraph.com/news/bitcoin-bargain-3rd-biggest-whale-address-adds-207-btc-at-62k

This 8% drop in Bitcoin price in 24 hours is quite deep in my opinion, but I don't panic to see Bitcoin's price drop right now. Because it is often
the price of Bitcoin will experience a correction before the price goes higher, so don't worry about the price of Bitcoin going down. As you said
we should look at the positive side, this gives us the opportunity to buy Bitcoin at a low price. And I believe whales and some small investors
will try to get in at current prices, so according to my prediction the price of Bitcoin will recover in the near future. I hope this week Bitcoin can
still be stable above the price of $ 60k, so next week the Bitcoin price can slowly start to pump again.

I hope the bitcoin price will continue to rise until the end of this year to reach $80k. I don't know what's going on right now I don't understand about the current state of the market, the bitcoin price has decreased so that the current bitcoin price is around $54,262. Bitcoin price declines started from November 26, 2021 to the present. I'm very worried about the state of the market like this, I don't think Bitcoin price will reach $80k until the end of this year.

currently the market conditions are recovering and the bitcoin price is slowly approaching $60k.
I'm trying to understand your position and maybe your position here as a bitcoin holder, so it's only natural that you should be worried about the price drop that occurred a few days ago. but what you need to know if this condition has become a natural thing because the price of bitcoin is very volatile, but if you are a long term holder you shouldn't have to worry too much about current market conditions.

Of course everyone is going to be worried when the price drops. And we wanted to know the reason behind it. Fortunately though, when the price dips, the next best thing is to just wait for it to recover and to bounce back where it was used to be.

Right now we are trying very hard to break into the $60k barrier again. Last night we have recovered some to $58k, unfortunately, it slip back to $57k but we will have to see what will happen once we enter December.

Again not enough to sustain the price to 60k, now staying at 50k level and i think this will be the trend for the whole December and may change before it ends, what you think guys?
several weeks ago bitcoin recorded a ATH at 68k and that is the last for now.
i may take a chance buying again if the price falls down to at least 40k level? and will wait until the next halving season comes.

Previously it was predicted that bitcoin in December could not reach the price of $100k because it was too high to predict, although many analysts thought that in December bitcoin became the new ATH. bitcoin yesterday broke the high of $68k and is now back at $57k. This indicates that the December market price could range from $65k to $75k if it wasn't influenced by negative issues.

speculation will come here and there , people had different opinion and has different agenda , but one thing that they all have in common and that is their interest to profit.
75k might be the ATH this 2021.

I doubt that by any chance 100k will be attained , but of course things may change at any moment because now that we are approaching December , this will decide what is the future of Bitcoin.

When bitcoin played on that 68k ath as far as i remember then lots had anticipated for 70k price point and when the price had dropped then we do speculate on going back in below 50k price point which it isnt really surprising for us to have those kind of impression.

This is why im not really getting myself that much confident when theres some sudden pump because what comes next would really be
correction or price decrease which is really normal. I wont really be stressing out myself on something like this.

What do you mean? The price won't pass $60k in December? I think the price will be easy to pass $60k, it is just in a sideways now. Don't be so worried about the current correction, the price is already around $57k, even the price almost reached $60k yesterday. I am sure that you are influenced by some people trying to spread FUD. They want you selling your Bitcoin, while they are buying some to prepare the next pump.

Depending on how the market is doing, it may have a great uncertainty, we all aim for the price to reach $ 60k, but the selling pressure is immense, are we facing a possible volatility? I have reviewed many articles, but none have an upward or downward bias, the uncertainty is what they do not say but I know it is present, when large purchases are made the price rises, but not with the intensity it should be, I think that traders and investors are waiting for the price to go down to buy cheaper, and thus prepare to reach a very good record or possible new ATH.

Well, the 60k recovery phase may be prolonged due to the current market conditions where Bitcoin price crashed to below 42k before recovering to its present price of 51k this year 2021 may end without Bitcoin making it back to it once the all-time high of above 70k.

It has been the new target again , after attaining multiple times now we are back to another denial to break that 60k .
last week we almost take that level but suddenly with no clear reason the market fell down to even lower to 47k .
now slightly recovering and stepping 50,000 again so basically we will be needing another Hype to take that price and yes next target is 70k finally .

Nothing is affirmed at this point, however both feeling could works out. It should climb up a bit more then drop. To be straightforward you can't follow next move particularly when there is a lot of manipulation. I speculate it will go below 47k. This is the thing that I need to see, more and more people accepting it will drop furthermore. The more they are less likely it will happen.

I don't think Bitcoin price will be able to reach 70k before the end of 2021 we are already in the last month of the year and the holidays are around the corner many Bitcoin holders will want to make some purchase, this will a low the rate of Bitcoin holders and there will be more sale orders.