Bitcoin Forum

Congrats! Price discovery here we come!

The march to $100K continues…

Where do we settle in for the next leg of accumulation?


EDIT: Added the current all time high to subject.

EDIT 2: Currently using data from https://coinmarketcap.com/currencies/bitcoin/

Hell yeah!
The new ATH is $66,974.77 while the price now is $400 less than this. Many people didn't assume this will happen as fast as this but here we are ;)
The march to $100k started more than 10 years ago and will continue beyond this number. It is a matter of time and personally I believe in the HODLing concept.
I don't want to give random answer about your last question before looking deeper but I hope there will be some consolidation above $65k and why not $70k in the next days.

Very nice. What's it been like 6 months since the last ATH??

Would like to see $75k in November.

$83k'ish this November,  :). Bitcoin really outdo all the expectations again. Glad that after a fall to $28k-$29k, now we have more that double that lowest low and then when to hit another all time high. For sure all holders and those who bought the dip are very happy seeing the price today. Just less than 6 months of patience and now we do see the fruits of it. But wait, we still have the December expectation of $100k so continue to be a holder.

I think today is a good day.
Bitcoin just hit a new all-time high! It's time to talk about it! It's time to talk about Bitcoin the King of Crypto.
According to Coinmarketcap, the total crypto market cap reached an all-time high today.
I'm still smiling because it's been so beneficial trying something else. This is an excellent step BITCOIN have taken, so glad I found early.

Yes It happened. 2nd ATH in an year. Really awesome and its yes marching towards another ATH very soon and not really late than this December 2021. A lot chances for reaching $90k this year end? I can just recollect the days since 2016 I came in at $350 to $500. Really proud to be travelling along with BTC in all ups and downs with my investment on it. Wish to see other crypto currencies do reach their ATH in a week or two following BTC's growth.

Yeah, with the way bitcoin is moving right now, chances are we are going to hit $90k or eve higher as everyone expects at least $100k this December.


It's been a journey for majority of us, not really an easy road to take to hold on our dear bitcoin for many years and been tempted to sell off specially in the bear market of 2018. But hey we are still here and now realising our gains and our dreams together with bitcoin's growth.

The october taregt has been reached by hitting the new ATH and is expected to be $70-80k in non-November and beyond will be a journey of 100k in 2022.

It's getting tighter to hold and this is still a good journey I see the entire market is almost green due to a positive trend that has an impact then this will be a reference in the next year bitcoin can redeem 100k as experts predict.

Hold and don't sell

Congrats to those who wait and hodl.

For the question, it's best to leave our expectation high as we're in last quarter of the year where bitcoin price historically increases a lot. Always keep in mind of getting new ATH while holding :)

Cheers!

Happy ATH guys!

I think we might settle between $75,000 to $80,000 before one more sizeable correction in November. We might revisit the low $60,000’s then before the final moon shot of this cycle to $150,000 or something.

Congrats to all of us.

Those that have been patient waiting for the new ATH have been worth it at all. There's no need to rush and each wait that we do is always the greatest of them all.

Road to $100k by eoy? Let's go!

I think we will stop and trade sideways somewhere in the $75-80K region because the $74K is a fib extension area and around $80K is significant due to the fact that some currencies like Canadian dollar and Australian dollar are going to be $100,000 in those areas.

So it will have massive sell pressure in those currencies before it can go higher. Remember when we stalled when BTC hit 50K on the euro chart. Same situation can happen here pretty much.

And after that most likely $100K will be a tough one to crack.

Good hindsight though, I just look a the USD and not some other currencies.

So maybe we will hit some snag early, currently, the price goes a bit to $64k-$65k, but still above the previous high so we are all good. Yes, $100k is really the target eoy so might be a tough road ahead. Nevertheless, we have 2 months to try and break that biggest psychological barrier, so let's wait and see. Anyhow, congrats to everyone, just remain calm and HODL, that's already a solid strategy for all of us.

I wonder how many people gained valuable experience in the past couple of months regarding FUD and how it aims to prevent them from buying bitcoin in the dip. Are people who sold in the dip instead going to repeat it again?

My best guess is above $100k after people are surprised with the shoot up to $150 and then a small drop occurs before we go another 2x up.

I can sense an air of relief around the community that the previous ATH has been
broken and the road is clear ahead.

$100k is a massive milestone, I suspect it will be difficult to reach but certainly
not impossible, There is going to be a bit of a sell off at that milestone, its a
target for a lot of people to sell!

$70k october
mid $80k november
~$100k december

>$100k 2022

This has happened faster than expected I thought stable at 50,000 dollars this month and broke for the previous Summit by the end of the month but I still think we would not move from $ 60,000 for the end of the month.
The price may be under 60,000 for coming days but 64,000 is a good bottom for the end of this month.

By the end of the year, I expect to reach 96k.

Congratulations to all holders of bitcoin ;D
We will sew another high price soon after the new ATH has already reached.
While we can enjoy this moment by selling some satoshi to celebrate the coming, we can still hold and wait for more if our target price is more than $70k or even $100k.
It will not stop here because the price can rise higher and we will see the next ATH.
But remember, after this, we may see a correction so you need to prepare your money to buyback.

Dropping by to Celebrate lol , Congrats to all of us who keeps on holding even there are so large call for selling as the price already reached another ATH.

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

Maintaining the value from 64-66k now and this means more to come , I may not expect that 100k this year but Yeah I am willing to take out once took the 80+ thousand calue .

After this, we may see the price increase to $70k without stopping or having a little correction and then increasing higher. The good thing is we see the new ATH this month which we predicted before so congrats to people who already bought bitcoin before this as they are making a profit.

Hopefully, before this month ends, the bitcoin price can be at more than $70k so in the next month, the price will have more chances to increase and reach $80k or more.

I guess this current rally will not have any stop until we hit $100k levels. This way, I am not expecting that we are going to see $50k levels any more. Bitcoin market is known for falling down up to 70% from its peak price levels but when considering on what $60k levels will be 70%, then we will get into $200k levels. So, I am expecting the current rally will launch bitcoin markets into $180k to $200k zones in next 2 months of time.

Moreover, some people are speculating about getting into $400k levels but after having the recent downfall up to $28k levels, I guess that we are having less possibilities for getting into anything beyond $200k levels.

Quick correction and really worth to buy if you want to make quick profits, price will go up again tommorow probably or will stay there for a lil bit longer waiting for alts to rise. But it's still worth to buy some bitcoin at current price.
Media is spreading good news right now and it will make new investors coming and make the old investors coming back after the big drop this year.
Hope it will brings good to the future.

Although I do understand where you're coming from, there are no guarantees here, are they? I can't actually blame those who were afraid, it's quite disappointing to see your money lose value over time. However, I wasn't really concerned myself, when Bitcoin crashed below $30,000 back in March 2020, while it did disturb me, I was positive that it'd recover eventually.

Congrts to those new users who hodl till now and diamond hand hodlers always on moon.  :D Although exchanges are having high volatility where btc took flash dump and recover instantly. Fun part, binance us is having the lowest price of $8.2k (https://www.bloomberg.com/news/articles/2021-10-21/bitcoin-appears-to-crash-87-on-binance-in-apparent-mistake) and future traders got rekt or short traders were luck to get profit. As a result, we get small correction after making new ATH and it's time to move slowly, but $100k milestone is on the way.  ;)

I didn't expect the ATH to come this week but it did. It didn't show clear speed up to that level but a gradual and steady ride up from $55,000 it made a consistent increase and now that we are here on the new ATH, yes the next level is $100k. The fud of fear is no more and the hodlers are the biggest benefit of this volatility.

I am watching the market and i have no idea what the direction would be this week end, there is a minor correction and i have no idea about the real reason apart from the article you posted and some of the news media is also covering the same new, so i am not sure whether that is the reason for the correction, i thought some of institutional investors are booking their profit. Whatever it may be, it is good to see that the market is moving in the right direction as expected.

You would really be having that question on mind on where price do next will possible head out which means that i do always have the doubt that there would be some nasty correction next in line
thats why im not really that putting too much confidence and would secure out profits as much as i can rather than getting yourself boosted with the current movement.

Yes, this current bull run or price increase reaching out new ATH is surely giving out that good feeling specially to  those hodlers of long years and to to those shorters that had been
able to get in when its still cheap.

For now lets just see if it would able to break 70k resistance and would head up further.

Congrats! It took us a lot smaller amount this time around. Last time we had a new ATH at 20k in 2017, it took us nearly 3 years to reach that level again, whole 3 years and that should have been the indicator how long it took, we are doing a lot better right now, only like 6  months to break the old ATH and we are not looking like we are going to be dropping the price anytime soon neither, we are going to be doing fine and that is the important part, people should realize that we are doing something awesome right now and that is why we are doing fine because we are going to reach 70k as well and 80k too by the looks of it and that is really exciting.

Although we may have surpassed the previous ATH, we have not clearly passed it either. I believe that when we pass it again, and for example get to $70k, we'll get to $100k in no time. And by the time we get to $100k I think the same thing will happen. There will be a resistance, when we get close to $100k there will be some dips, we may even overshoot it a little bit, getting to $101 or $102k but going back down, but as soon as we clearly overshoot it, it's going to unleash a forum that the price is going to go through the roof.

I've been saying we hit $200K in December for several years now.  I'd hate to change my tune now, but I'm getting nervous as we get closer.  This is exactly how I expected things to look at this point and I figured Halloween is usually when the market decides to make it's big last move toward a December high.  Could it really be happening again right on schedule though?  If so, the next 50 days are going to be a whole lot of fun for anybody involved in crypto.  I know what I'm hoping for...  $200K in early December.  Anything over $135K would be good though.  :)

Again, if we are going to look at the s2f model, $135k is the modest target based on the 2013 movement. And yes we have a big news coming in November with the Taproot release so maybe we can hit $80k++ next month and then the huge super fast rally in December that can push the price to 6 digits.

So again, we don't need to get excited today because of a new all time high, because in the next couple of days might surprises us all, so be a diamond hand.

$70k here we go.  :D
Break the new bottom and just move from $65k - $67k. That will have a nice look at the charts.
Let's see what the next two Ber months will bring to us. I hope it's good for a better Christmas. More gifts for the kids.

I'm not having any big confusion about what we are going to have in the remaining months of this year because I have learned big lessons from 2017 and 2013. I mean we must need to ready for another strong rounds of bullish mode which might take bitcoin into $100k or even $200k levels. The news of bitcoin ETF, got us into a new ATH and now any other positive news will get into those magic 6 digits for one bitcoin.

In my local exchange, bitcoin today tried and failed to break $65k levels (not sure tradingview charts are showing the same thing), it might mean that we have intermediate resistance around $65k to $67k levels before breaking the psychologically big barrier $70k levels. So, I guess we need time till this weekend to get into $70k regions.

This new small drop is definitely a correction. Do not get too excited about the chances of the price falling, I am sure that it will recover and do a great increase above 70k in the long run. There are always people who sell whenever the price goes up, that is the way they are making the world feel, I even feel like there is a good chance we could see under 60k as well.

However it is obvious that the fall was a small one and it will be recovered. Why do I feel that way? Because, there are times when the price crashes and when it does then the price really crashes, like not even a small amount, I mean %10+ per day for a while. So this wasn't a crash, it was a correction and we all will be fine. This is why I support that we will go back to higher prices and even break the new ATH and reach to 70k+ very easily, this was only a small step back.

Certainly it is a profit taking time . Many investors are already selling out with the new ATH and that is the reason we seeing the drop happening today. The end of year mostly is the bullish time and this is what it looks already. The drop today was about $5,000 but the recovery will happen faster because investors will buy in again to sell in the last month so expect that we are seeing bull rally.

There is always a chance of Bitcoin's price falling again, I don't mean to crash below $40,000-$50,000, but it could eventually drop below $60,000, before we see a new all-time high. The current one is a mere price correction, I don't believe that such volatility is alarming, since after the new ATH, there's a large mass of investors who probably sold to purchase later, at a lower price.

We are into a small correction right now but I believe after this correction we can now continue going up and there’s still a higher chance that we can reach that $70k mark this Month so keep monitoring. We will end 2021 with a great price, though there’s still a chance for Bitcoin to go down especially if many will take profit just to spend for their holiday season.

This correction is way better to be seen as soon as possible so what's happening is essential and needed for bitcoin to move to the next price ceiling.
I do have a big hope that 2021 will be ending great just like 2020 and that's the reason why I'm firmly holding and looking forward to have a better year next year. But if it doesn't happen, no need to rush and will remain to be a firm holder.

I would agree this is a dip and I think it’s always needed in markets like this to clear out excess leverage. The pigs always need to get slaughtered. I’m not on this 2022 will be a great year for crypto train though. There are always houses of cards built that come crumbling down after gigantic gains and I think that’s what we’re about to see. I think if the next couple months bring you life changing opportunities, you would be wise to take advantage.

Right, as we experience in this market, we need corrections so that we can go higher in the next leg up. Now $60k, and maybe after everything has settled down or as we enter November we might see $70k-$83k at least in the next bull run.

It is an expectation that the price could reach 6 digits in December. All we have to do is look forward and wait till we achieved it. No need to panic sell or rush things just because we reach a new all time high this week. The future still looks bright to all of us.

it seems, after a new ATH is reached, the correction occurs again. however, I don't think the bitcoin price will be below $60k. quoting from cointelegraph analysis, the current price of bitcoin could rise to $67k, or even exceed the price of $70k if the pump occurs. however, if the dump continues, it is possible that the bitcoin price could be in the range of $57k. however, personally, I believe the price of bitcoin won't drop more than $60k. well, I believe this year the price of $80k is achievable, or even $100k.

https://cointelegraph.com/news/price-analysis-10-22-btc-eth-bnb-ada-xrp-sol-dot-doge-luna-uni

Nope nothing  is certain o none of us can  assure that the price wont drop back bellow 60k as the price now is struggling to hold that value https://coinmarketcap.com/currencies/bitcoin/

and since we are in correction 6-10k drop is normal depend on how strong the holders are.

This situation will also depend on us , if we are all getting profit then yes this will down fall even to 50k , but if more will keep the hold then it may stay 60k and move up again next week.

Definitely true, if there are opportunities that will come at the end of this year or by next year, it's too great to ignore it. Let's make wise decisions and this is about selling. Let's all sell at the prices that we're comfortable and feeling great without any regret. While this dip is happening, we're sure that it will eventually recover and will get back from where it is. We've known how bitcoin is always like that, it won't disappoint us mostly if you've been in the market all over these years.

looks like the Dive has gone and now recovery is starting ? seeing it back to almost 62k from the hard drop down to 60k is a good sign that we are now heading to another ATH in which 70k , this is the barricade need to be broken for Bitcoin price taking another hype to 80k.
if continues to grow then Yes 100k is not far from happening this year alone of 2021.

I wouldn't get so excited, don't get me wrong, I'm all about Bitcoin surpassing new records etc, however, on the other hand, I prefer to be moderate about Bitcoin breaking records so quick. Similarly to a few months ago, when a new all-time high was reached, shortly after the Elon Musk incident, the new record didn't last long and quickly plummeted down to $30,000.

Price volatility is expected, however, it's more preferable to seek a steadier growth, rather than anticipate a quick new all time high.

Yes we did plummet to $28k but then recovered in the next two and 1/2 months and getting to a new all time high. So. I wouldn't call that moderate recovery, it was very quick and fast bounce back.


Definitely, but if you look at it, if in the next two and 1/2 months we might see bitcoin hitting at least $150k based on it's previous run. So I think everyone is really getting excited about it. Maybe this December or early January 2022 rally.

I call them waves or normal fluctuations rather than a sign to solid consolidation before jumping to another ATH. The price will continue likely fluctuating between $60-62k before rising again. A possible drop to $5Xk for a while could be expected too.
I am a long term holder so such movement doesn't annoy me since the overall trend is positive each couple of months ;)

Tonight we will see whether we are heading toward a new ATH or going to have a short term/temporary correction which may break $60k levels. As of now $60k must be a stronger psychological support level hence there could be very thin possibilities it could be tested. Sundays are known for actions from bulls and tonight I am expecting getting back around current ATH is highly possible.

When overall sentiment is strong bullish, I guess we do not need to bother on any temporary corrections. In my opinion, we are in the times of FOMO is about to get into action hence making use of current dips will get us quicker profits if you are into active trading along with your long term stash.

If you not in yet then it is not late as the market has move a bit downward for those who are still doubting Bitcoin at $85k before November ending and before December ending we should be talking of Bitcoin has finally arrived at $100k if all things continue the way it is now.

It's not something that is easily predicted though, is it? Yes, we can depend on previous incidents and price charts, however, how accurate are they? Just because it recovered relatively quick doesn't necessarily mean that it will continue the upward trend.

Don't get me wrong, I 99% positive that Bitcoin will gain value in the future and even surpass $100k, I'm being hesitant on if that happens in the near future (Less than a year).

There are many who are in the train of a big 2022, i am also not in that train as the market will not keep rising just like that and the deck of cards will be broken once the institutional investors starts booking their profit. There are other things that are going on in the financial sector like inflation and how that is going to affect the market is another unknown factor.

it seems that our hearts are always made to beat fast, every time after increasing bitcoin's height there will always be a correction again. we see from september there was a significant increase;

https://i.imgur.com/L3SdX7p.jpg

but today there was a correction that might be quite disturbing for bitcoin to continue to pass the $70K price that we should be able to see at the end of october, maybe the price should even be more.

on october 20th ATH $67,276.79 was formed, of course we wanted this to be at least a stepping stone to bitcoin's immediate rise. but again made a thump as the correction returned to wanting to drop below $60K, but I hope that will not happen but will increase again.

It is normal to see some kind of drops time to time, it is something that is definitely not that horrible. Let's be honest the correction is the place where you need to make that money, if you end up getting scared because of the drop, then you are going to end up not profiting at all. Right now things not looking bullish, but it is certainly not the look of a bear run starting neither.

Right now, it just looks like bull run taking a break, which is normal and we have seen stuff like that all the time. We know that sometimes bull run takes a long time, and for that to take a long time we need to have a situation where we end up with a drop here and there in between of the increases, this is exactly that.

^^ Nevertheless, I would be happy to see the price above $60k this month, nothing fancy. The S2F model points to $63k for this month which we already achieved and then even higher. So a $60k at the end of this month is still within the timeline of a 6 digit price in December base on that model. So I will not panic at the "huge" correction after reaching all time high. Besides we have seen this in the past and then bitcoin bounce back 2.5x after that in just 2 months.

the main point is to know what is the cause of the price increase so that we can predict how sustainable this price will be for a long time, many altcoins had drops of up to more than 20% compared to bitcoin, this happens whenever people they are selling altcoin to buy bitcoin and when there is this scenario the price of bitcoin increases a lot because of some news and it fell a lot after the news because the same people who sold altcoin to buy bitcoin go back to selling bitcoin to buy altcoin


honestly speaking, we will only have this answer if the price of altcoins returns to normal and the price of bitcoin remains at this level

The current correction is a bit frustrating, hopefully we start to go up again soon. I’m getting spoilt & just want more up  ;D

$100,000 per coin is coming this year, I’m just so impatient.

Yeah, we thought that it can continue to go at least $70K, but it is what it is, sometimes we do need this healthy correction to bring more investors.

Who wouldn't want to see the price hitting $100,000?

But we need more patience mate, it's just about two months from now that we might hit that magical numbers. Don't sell!!!

yes now we need a lot of patience to be able to see the price of $ 100 thousand. the bitcoin market is often volatile so the market often goes up and down which causes a slow process of reaching the highest price of $100k. we cannot assume that the bullrun market continues because the reality often does not.

While waiting to build that price level, you can always think of ways how to increase your portfolio. Every little dip, you can buy more. Because if you truly believe that we will reach high price, let's say 100k, then it would not be too difficult for you to shell out and buy more at this 60k level. Because you know, in the near future, you will reap the rewards of what you are doing today. Keep up with your goals and later on, you will thank yourself for staying with that strategy.

It's obviously will take some time to see the price at $100,000. Everyone is focused on that price this year, but it will not be an easy road. Just like when we hit a new all time high last week or so, we go down to $28k-$29k and it takes two months at least to bounce back and see new ATH.

And it's going to be a marathon, not a race if we are going to see that 6 digits in December. After all, it's another 2 months from now. We just need to extend our patience for several weeks and for sure it's going to be worth it.

There's actually no need to be in a hurry. This is not a fake market or a pump and dump coin. It takes a little time for organic price movements to happen. But we are still on the way to $100,000 within 2021. If not, no problem. It will be moved to the first quarter of 2022. But it will happen.

We are still a little far from there though, so there needs to be a realistic approach as to Bitcoin's price growth.

We have yet to see $70,000, $80,000, and $90,000. Perhaps we should think about them first before $100,000.

I doubt that the term "Quickly Plummet down to 30,000" happens , the price took month before drowning to that level so I guess it is not appropriate to use .
instead  "Drops down to 30,000" is enough but no Quickly.
Lets not be hypocrite as we Knew all of us wanted for the price to continuously increase , because that is the nature of this currency .

We need to be patient as the correction is coming again this week after bitcoin was back to $62k. It seems it is not easy to lift the price to the higher price and needs longer than we thought. But sooner or later, the price will be at a high price while we still have more time to prepare ourselves. The bull run market will come for the rest of this year as we have 2 months later to see what will happen to bitcoin price. Maybe this correction for bitcoin gives a chance for the altcoin to increase more so we can take profit and then bitcoin price will start to increase after the altcoin increases.

well, I was thinking a much higher price before the correction took place. however, ATH is still in the $66k range. but, I think it's good enough. other than that, the correction that occurs is also still making the bitcoin price in the range of $60k, so I feel that if there is a little stimulation, the bitcoin price can reach its new ATH again. I think this year the $70k or $80k price tag will really hit.

70-80k is the highest value I expect for Bitcoin this end of December , that is more than 600% increase for the whole year comparing to the price December of 2020.
too much expectation now but we are not looking to the opportunity of dumping before the year end.
That is why i keep eyeing the market because i know the transition may happen any moment and from this 60k may drop again to below 30k like what happened last month.

This is realistic figure to reach by bitcoin at the end of this year and I honestly not expecting any larger than that figures but if $100,000 will be reached at december for sure it will create a huge noise on the mainstream and might we can get additional demands due to hype since many people will get FOMO for the figures achieve by bitcoin. But hopefully we will not drop at the figures you said since its stressful sight to see for people who might buy at the top.

Congratulations specially to those who invested in Bitcoin all those time and waited this long to taste the profit and also reaching more than 66k is winnable .
but for me 100k is far from happening this 2021 , there might be increase at least 70k above? but 6digits wont be carried this year.
Bad that today the correction fall down to below 60k again. 58k is the lowest price recorded today alone and slowly recovering now.

If bitcoin gets power to test $70k then it may not stop and then it will easily get into $90k region which again may lead to test up to $96k to $99k levels in FOMO driven scenarios. People are right now having double mind like they have missed the opportunity to buy around $30k hence buying now would be right or not. But, when bitcoin gets into new heights then most hesitations will leave off and people may start trying to catch whatever prices available to them.

I mean if any bounce back from current rates then we can easily get into $100 levels and if there will be no significant positive news here after then we may have sideways and bullish trend may extend up to mid of next year.

soon we'll see 100k as we're both looking forward to right now.
reaching the highest price 2x in 1 year is extraordinary.
for the next determination, hopefully it will immediately reach 100k  ;D

still a long way to go to reach 100k, but hopefully it will happen soon. I think currently Bitcoin price will be corrected first before returning to peak price. maybe it will last as it did before when Bitcoin hit its first ATH of the year.

Yeah agree, look at the past few weeks reached new ATH @64k and corrected 50% @39k and then reached again the new ATH @67k, and here we go again another expected correction and for sure another ATH is coming in the next 2 months remaining this year, $100k is achievable in just 2 months but expect a really high volatility in btc prices.   

I'm not really sure if we are going to expect another huge correction at the end of the year. Yes, so far we have dip below $60k now, but it doesn't mean that we will go down deep in the next 2 months. On the contrary November-December is historically bullish, not sure though what's the reason behind another dip today, but maybe speculators are just selling again and moving to other coins to squeeze some profits intraday. And we are still on $100,000 target as far as I'm concern.

The reason behind is "belief on 4 year cycle of bitcoin markets". So, when more people believe into possible upcoming downfall then market may move according to them. But, right now I am reading that China is reconsidering about bringing back bitcoin mining by legalizing it hence what bitcoin lost due to China's ban might be recovered after such a news and if that happens after this year then I guess bitcoin might remain bullish even after this December month.

I am 99% sure that we are going to get into $100k levels from here but other speculations like getting into $180 to $380 may happen based on whatever positive news we are going to get in 2022 January onward.

New month underway.  No options expiry hanging overhead...  I think the market is ready to fly.  I'd like to see us end the week at $69K on the way to ending the month at $100K+.  Now is the time...  We've waited and held with the expectation that December of 2021 would be fireworks.  Now with it right around the corner I will admit that I'm anxious.  Has all this holding been worth it?  Will we see the fabled $200K in December that has been in the cards for so long?  It won't be much longer until we have our answer.  I've got my eyes on the moon.  Bring on the pump.

have we all thought when everyone reads news everywhere about $100k, people will be careful when they touch it where they will go get profit before $100k, I think that is our main goal but people will be careful to take a step away before $100k, this news and analysis is already all over the place so I'm still wary about that anytime bitcoin is going down and the cautious people are going to walk away making a profit, but congrats on the new ATH

It can be said that october is a bitcoin record month, this is the beginning of a bull run and i am optimistic that november will now reach new ATH $80k, now is the time to invest because we can still get a price of $61k at the end of the month will profit at least 20%.

It somehow a bullish season since many think about positive things on October to December month and I'm also optimistic about this figures speculated at near to the current price level, also I'm curious to know on what figure we are at end of december to january since mostly the dump happen at that month. Hopefully we cannot see a huge price depreciation next year so that we can try to see if the figures given by members which possibly to be reach by bitcoin will come true.

I think $69,000 by the end of the week is possible, sure. I think we’ll fall short of $100,000 in November but we’ll hit about $150,000 as the cycle top in December which will more than do for me.
Total fuck you money, thank you bitcoin.

We are all just speculating here so it's not bad to take your profit if you have the chance. At least you earned if ever Bitcoin goes pump or dump either way you still have your profit and that's enough whether you hodl the rest for too long it's fine. It's not bad to be cautious since the market is volatile so we can't expect what people are speculating will happen, always reconsider the possibility that it might dump before attaining a $100k.

Actually this is ideal thing to do and never think about waste profit if the market still pumping since we need to think profit is profit since if we think more than that for sure we will end up become greedy and next to that will be bagholding or getting panic for certain correction will happen. Also after we get our capital back then we can decide to roll our profit or hold the amount we get then see if we will be lucky if bitcoin reach at $100k.

I think the fundamental thing that's affects the price of the market in the aspect of volatility is the market is a subject of speculation and manipulation. Moreso, the best thing to do this time is to take out the capital and some profit because I hear the end of the year is always bloody.

From my personal point of view, you are almost better off waiting too long than not long enough to sell.  When the bubble happens, you want to be riding that wave upward with everyone else.  The gains look great now, but if BTC shoots up to $450K you'll feel like a fool for selling and cashing in the gains.  The opposite could also happen and BTC could fall to $2K and you'd wish you had cashed it out, but I think the danger currently is missing out to the upside.  If people are unsure what to do, the right move when it comes to investing is almost always do nothing.  If doing nothing isn't your style, slowly cashing out on a schedule instead of all at once is not a bad option.

Well certain things happen like that but actually those manipulation attacks is just temporarily done and we can get a hint if some of big institution creates a fud just to disturb the market. And if people easily get afraid for the movements happening especially if the situation for the day is dumping then they should really take their capital first before anything else since its a perfect thing to do so that we will not get caught or get broke once the market collapsed.

Of course your data entry Ath 66974 for Bitcoin just few minutes but now Bitcoin standing on $60k-63k areas. I think Bitcoin again would break its own high record within November and before ending the year 2021 Bitcoin complete it's March $100k target.

Bitcoin back in striking distance of the all time high and moving up quickly. I’m showing its up 5.5% in the last 24 hours and within 2.5% of the all time high. I think it’s extremely likely we’ll see a new all time high in the next 48 hours as we venture back into price discovery territory. As an investor, there are few words that excite me more than ‘price discovery’ and I’m looking forward to it.

I was about to say that, just surprising to see a massive jump in the last 24 hours, and now we are in the $65,300 and it's very close to the old all time high. Who knows, this week we might set a new high probably close to $68,000-$70,000.

And then the whole discussion about getting into the 6 digit range will heat up again. Specially the S2F model, wherein it might be on track again. So let's wait and look forward and optimistic that a new all time high will be achieved at the end of the week.

It's the FOMO about the taproot activation within this week the causes this spike in the last 24 hours.

So yes this is real again, not just some sort of manipulation from whales, but everyone is jumping on the bandwagon that the price might end at $93k this month.

And so for those s2f proponents, good thing that we have seen a good increase today to align to it's target of 6 figures at the end of this year.

Presently the price is approaching the last ATH at $66974 as it is now any moment from now the price will break the resistance at ATH thus the possibility of price hitting another ATH before the end of this month is very feasible going by the high volatility and momentum of the price. however reaching $100K before the end of this year is unsure probably after a new ATH there might be a correction based on the slang 'price history repeat itself' thus I agreed with you that price might hit $100K next year  provided that there is no negative fundamental news that might hinder the present bullish trend.

The actual all time high might be updated in the next couple of hours which is promising. I like this "price discovery" adventure, I am trying to imagine one day talking to our children about the first years of bitcoin and these exciting moments ;)

$66k is the so far the highest price that we have achieve, yes and it is close enough to the last all time high we have. But still we need to surpassed and established a new one for this week.

Yeah, just trying to figure out what 'price discovery' means, Lol, but I like the new term though, means me think that investors will have to find out how far they can get this bull run for this month.

I am expecting today we will definitely have a new ATH which might be higher than $68k levels and also we are having good chances to be having a new ATH above $70k as well, we cannot predict what is going to happen in next few hours as FOMO is expected to be playing role in bitcoin markets here after.

Like all previous bull run of bitcoin market, this year also we are going to have intensive FOMO as there will be very very less probability for ending up a bull run in bitcoin markets without FOMO.

We got within $500 of the all time high. Pretty exciting. I suspect we’ll see new all time highs and a break into price discovery in the early morning hours of tomorrow. Then it will likely be back to the races. Miners have been holding for months now in preparation. The stage is set and the actors have taken their places. Now we watch, enjoy, and wait for the standing ovation (to run out the exit door while everyone else is clapping).

Today I read a very interesting news, it said something like the following:

if the price breaks 67000$ then it will reach $75000 and if it breaks $75000 then it will reach $89000

I wonder: how do they know that $75000 is a resistance if the price never reached $75000?

the stage is set and I'm sitting watching

Bump
We have another ATH right now: $67,731.19 according to CMC
Dunno for how long it will stand this time, go go $70k next step ;D

It looks like the high might currently be from KrakenUS at $67,777.70. I expect this will likely be a moving target for a little while now that we are into price discovery territory. Most people seem to think we could get up into the $80Ks  before we see the next large correction. I’m starting to wish I had a Bitcoin ticker for moments like this.

If Coinmarketcap.com is the benchmark though, it looks like the ATH is $67,673.74 according to their site: https://coinmarketcap.com/currencies/bitcoin/

I'm happy to use that as a consensus unless there's a more standard way.

I have to say the approach has stopped and that type of stuff usually scares me. Not that I would sell or anything but I usually expect it to do a lot better in the long run and that is why I do not believe in short term moves making people react because it is just short term thing.

However I have to say the price skyrocketing high and then stopping just before breaking ATH proves that there is still a psychological warfare in the crypto world and that should matter a lot, I can't really emphasize on how much of a problem that is, but it is still a problem and we should be dealing with it in some sort of way. I do not know how long we could wait for it to break before our psychology breaks but if we can wait long enough then maybe we could win and get a new ATH.

I think it would be better to use it for now unless someone has a good alternative. Price in exchanges isn't a reference imo. Besides, tracking ATH in CMC is a lot easier :)
So far the price is hovering around $67.8k, hopefully we can see $80k soon!

The OP has updated the title of his thread with a new ATH already. So we don't need to argue as what is the current ATH as for sure it will be reset again in this month.

But I think we can't argue that it's good to see the price hitting ATH after last month. Strong hands are rejoicing for holding, while those weak hands who sold early are trying to get back in the market again.

$80k is not that easy goal, but for sure we can take it slowly.

And the cycle continues, after hitting a new all time high, the market didn't sustained it's run to $70k at least. We've seen another correction (which is normal), 3% down now and counting.

So again, if the cycle continues then we have to wait for it to have a good bounce back after a week or two or at least leading to the actual date of the Taproot activation.

if according to coingecko the latest ATH $69,044.77 - Nov 10, 2021, and it seems that every time it reaches ATH, bitcoin will always correct again, and this is certainly a common thing.
bitcoin corrections will usually be made to make the jump to renewable ATH.
If we look at yesterday, it should be possible to achieve renewable ATH above $70K tomorrow.

clearly bitcoin seems to be increasing gradually, this can certainly strengthen bitcoin to increase even higher by the end of this year, is it possible to reach $100K according to many analyst news that has been published? we'll have to wait until the end of November to see if it can approach or reach $80K.

CMC and CG are very important to be used as references that maybe we can use to just analyze the easy way to do it. because usually there will be visible movements that are always updated, which obviously we need to estimate which may not necessarily be accurate. at least there are alternative assistance that can be used, apart from what you said, if you already have other references that can be used, of course CMC / CG will be used as a comparison only.

clearly what bitcoin has to pass is at the price of $70K and the possibility that if you see an increase from yesterday it could happen tomorrow or if it misses the next few days. making it easier to climb even higher not even the $80K that bitcoin is trying to achieve.

A small correction is alright, that's what strengthens the growth, and as long as the market is still bullish, there's nothing to worry about as bounce back after correction is likely to happen and at the same time we can always be optimistic that a new ATH will be achieved soon. I'm already thinking of the $70k price, once we hit that price, I expect the pump will continue and it's possible that $100k will likely come before the end of the year.

Keep believing as nothing is impossible in a bull market.

Yeah, it remain on that 3% range and it didn't go down hard. Just a natural reaction again to reaching new all time high, investors are selling for their profits.

And we still have a long way to go, it's just the second week of November and there could be surprises againsthat will push the price to $70k or even higher. Let's see how it goes, still a good and bright future ahead of us.

Experiencing corrections is now commonplace and what @Japinat said will definitely bounce back this has been a habit for the last few months so I wouldn't worry if some investors did take profits at $68k and now it's down to correction we should stick with it calm to see this situation.

November is still a long month reaching $70k can still be expected because bitcoin's rise is very easy with the bulls still continuing, we will know at the end of this year how much bitcoin's highest increase, but the range of $80-85k can be achieved.

If the whales don't try to move the ladder, $80 - $100K would be possible for November or December.

We can expect the upside to hit $100K, but we also need a reason why it will arrive. FUD may be a bit of a drag, but the positive sentiment toward bitcoin will form a good trend to see it cross yesterday's ATH at $69K. One of the thing that I think about is the formation of belief among the bitcoin community that by the end of 2021 the price of bitcoin will again record its ATH record. The logic is that when that trust is formed accompanied by high demand then $100 will be reached, hopefully.

As much as there are whales in the market, for me what moves the market is the retail investors.

I doubt that this big whales are going to collude with each other in a bull run, and who are these super whales that are going to do it? Now, we have institutions and then billionaires moving around the crypto sphere, playing and changing the rules.

But for me, the uptake will be us, retail and average investors traders, "sum in numbers", and this is what important to move the price to $80k-$100k this year.

That's right about... Now.

The pullback from $69k to currently has been very sharp and it's an excellent opportunity for people to jump onboard.

I think that the institutional enthusiasm has not changed a single bit. Fundamentals of BTC are as strong as ever, it'll be a matter of time before we do hit that 6 figure mark. Dollar cost average and buy the dip!

Extraordinary. Over the last period, it appears that the bitcoin price has continued to rise. The significant increase in the price of bitcoin was also driven by large investors. Therefore, bitcoin will continue to create new ATH and its next price target of $70k this December.

Institutional investor are much more dangerous than whale, for example, Elon Musk. I still remember very well how he moved the market after he announced his investment in bitcoin and adopted it as a means of payment for Tesla. But instead of spitting in his own face, he began to test the power of the market with his comment about the damage to the natural environment due to bitcoin mining. He has reportedly sold off some of his previous market-moving bitcoin investment, while he has also started supporting the altcoin meme known as Doge & Shiba.

Institutional investors & whales have a lot of power to move the market down, but regarding the uptrend, I agree that retail trader are the mastermind. I worry about whales and institutional investors, they are still considering selling some of the bitcoin they own rather than still wanting to hold them long term. This is a known strategy for securing start-up capital in my opinion.

We might again see another ATH this year. We have hardly just 49 days for 2021 and yes there are chances BTC reaching $70k by this month end. By end of December 2021, there are chances for $75 to $80k. We have more investors getting in and investing on Bitcoin and then slowly to other crypto currencies which will bring in ATH of other cyprto currencies.

$69k was the recent ATH for BTC and I still believe it has the potential left for this year though it won't be seen during November, but December because all this has happened during the previous bull runs that corrections took place before going very high and then crashed. I don't know about crash (history may repeat though possibilities are less) but there is a chance BTC extends its bull run even in 2022 due to so many important factors taking place this year and in the beginning of 2022.

There is a of expectations that this December, we are going to hit $100k. But that's prediction, we really don't know if it's going to a hit or miss for us. But in any case it didn't happened, I think the bull run can be extended up to the first quarter of 2022 and probably that time we might cross $100k or higher.

But we all know that sooner or later any bull run will have to end, so maybe if history repeats itself again an after seeing the top price in the first quarter of 2022 then we might see a glimpse of the looming crash and then the bear market.

The scary part about those predictions is that there are quite a lot of people who are expecting it to happen and do get upset when it doesn't happen and end up selling and that drops the price of bitcoin. We should not be looking for something that would drop the price of bitcoin, and that high prediction that is unlikely to happen is one of the worst parts of the situation.

I hope that we get something decent, like 78k or so is a great number until end of the year, but I also hope that people do not end up selling a lot by the end of the year because their prediction didn't happen. I can't guarantee anything but I believe that it could happen if too many people are upset.

Right, that is the scary part of it, expectations vs realisations.

What if the expectation of this kind of predictions was not reach, for sure many are going to be upset and maybe change their plans for good.(whether short or long term) and then it will have a big impact on the market.

A decent like $78k-$94k would not that bad either, it's a great number at the end of the year and then at least there is still that hope for a 6 digit in early 2022.

Always a win-win for me either outcome. If we get big sells, presumably big dips, and another extension for those of us not lucky enough to get in earlier to stack them up. I won't lie, I do hope for a lot higher than 78k, but I'm pretty okay waiting another entire period of 3/4 years for the next wave. Then I'll be a lot better off when 100k arrives.

But why the gloom and doom? We're in a good place =)

I think that is not the end dude, maybe Bitcoin will reach 100,000 USD by December, that's why we must hold our Bitcoin now and we must not get blinded by 68,742 USD, we must think like an investor and not traders to avoid stress  ;D.

Well in my optimistic point of view I really do looking forward for a higher ATH bitcoin attainment before this year ends like hitting a predicted $100k value before year end or atleast on the Q1 of year 2022. Who's here also grab the chance to invest in bitcoin and take advantage the price correction that was happened earlier this morning? Because to be honest I did take my own risk and invest in it, this is the reason why I am hoping for a new attain ATH of bitcoin, finally after the dreaming for so long I'd able to invest in bitcoin because on the last few months all I did was investing in altcoins.

Yes, it is not the end because bitcoin will rise and back to $68k to go up to $70k and more. We are in the middle of this month, and bitcoin gets deep correction while we have one month and a half to see the end of this year. I am still optimistic that the bitcoin price will be at more than $70k, but I am also curious if the bitcoin price can reach $100k by December or it will stay at the $6x,000 range.

New ATH will always be followed by some corrections, it is literally the only money that everyone can sell for a profit. I believe that a better one is on the rise right now. We may have fallen towards 60k once again and that is understandable because of a correction in price, but we have dropped to 30k and even a bit lower and still managed to go to nearly 69k price.

We should not be worried about just a 9k fall, not even that much, we should be simply happy about this situation, buy if we could afford to buy some more and be patient. A new ATH is coming, I can feel it and we are going to end up seeing a great profit in the near future. 70k+ is definitely right around the corner if you ask me.

Something like that will happen as we are still in bull market season but we need to prepare on some possibilities by the end of this year since anything could happen like since whales could also do profit taking since for sure there are other entities will take their profit at that time knowing that new year will be a fresh start for some of them. But I still hopeful to see 6 digits figure this year so hopefully bitcoin can recover fast on its small dump happening today.

I rose this from the dead. Because we need to be ready. ;D

My body is ready but Im not sure we're in that place just yet.    Lets drop an anvil into the thread with yearly bars on the BTC price graph.  Surely a large price requires the largest size of consideration.

I know people dont always love graphs, I get it.  However just one simple thing here to notice that final bar this year is higher then the other; its significant this price is already high in the big scheme.  I only ever hope for a simple take and that'd be it.
https://www.talkimg.com/images/2024/02/18/YG0XZ.png

The low of last year and previous year is a good one, roughly matching prior years action and holding support.   Repeating that idea now for future gains we want this year to form a bar at least 40k and ideally the close of the '21 bar, that'd be solid and a good basis to move forward on.  Thats my modest aspiration in relating lows to future gains.
  Im not sure of the overall conclusion if any given by that scaled graph but I reckon it fits my general take we will take another year for the most stable gains exceeding the prior ATH and hopefully a path beyond that to clear ground and untraded prices.   When we haven't seen those prices before as in that last epic move this is when the greatest possibility for gains exists, I just think we must build the framework beforehand.

Nice!  I saw the thread and I was thought that's cool that somebody posted a thread with the all time high...  Then I saw my name as the OP.  LOL

It's really telling the difference in feeling this time around (like always).  Last time we were sitting on $50K+ a couple of years ago I personally was watching in shock thinking the price couldn't possibly stay this high could it?  This time around it feels like $50K is cheap and we're going to go a lot higher.  I see that people were still expecting the market to go a little higher last time, so there's some reason to be cautious...  However, I'm going to try and stay calm while holding until I get the urge to make another thread praising the current price.  :)

Quite funny reading this thread back and remembering all the certainty 4 years ago that we were "certainly going to $100k" or "$150k" or even "$450k" and now those same suggestions are starting again. I think we might see $100k of thereabouts this cycle but I'll be utterly amazed if we see much more.

In everyone’s defense, I believe that the market would have hit those price targets had it not been for FTX pulling a massive fraud that limited the upside of BTC while artificially inflating alts, thereby directing new money to those alts and further reducing Bitcoin’s price increase. If there’s no funny business this time, I could see BTC even surpassing $200K… I’d probably become a seller around $135K though.

Yea the FTX debacle was a market changer, it couldnt have come at a more inopportune
time as regards the Bitcoin market.

This time its different hopefully ^{I know, I know thats probably been said many times before!}
its a different market this time, we are starting from a higher point in the market and the ETF
thing is adding some extra positivity to what people in general are feeling.

I think the opposite in terms of reaching $100k, I think it will be easily reached and surpassed

Well, I should be delighted if it did, but i don't see it.  Its very easy to look back and rationalise what did happen but not so easy to look forward and predict what will happen.

Obviously the ETFs are a bit of a game changer but they aren't going to be driving massive inflows indefinitely, they will stabilise in due course. I stand by my prediction of a cycle high somewhere around $100k on the lowside and $130k on the optimistic side.

Surely that ETF did make that significant influence on what we do have in the market now on which its something that could really be denied but we do know that it isnt everything. Market price drives basing up on the demand and recognition as always. It is really that good to look up some past or old threads specially this one that do talks about that All time high on which we arent that too far off on breaking this one,
it could neither be on pre-halving(unlikely) or on post halving which is always into that point. Now that we are 54k as of this writing then having that 10k+ price movement wont really be that too far off
and we would really be needing some sort of positive fundamentals that could push up the price even more but well lets see if there wouldnt really be some sudden dumps or correction later on.

I don’t view it as rationalizing what happened. I’m just explaining to you what happened. There are legitimate reasons the rally was cut short last cycle. It isn’t a myth or hypothesis. It is what actually happened. Without financial fraud at a level most can’t comprehend, Bitcoin would have certainly gone much higher. If it doesn’t hit a new all time high this cycle, it will no doubt have another black swan event that is responsible. FTX caused a lot of damage.

I think it's very easy for the price of bitcoin to reach 68k dollars but not this month. not even just 68k dollars. next year maybe the price of bitcoin can reach 100k dollars. because even this month the price has started to approach the price of 60k dollars. and this is a halving year.

I agree with the general sentiment here that $60k last cycle was too fast, too soon, to expect it to hold back then, but this cycle with the ETFs (plural not singular as many were expecting back then) by big name institutions, the price has a lot more heft behind it. I think $100k to $120k is easily doable this cycle, but we may see a temp new ATH ($70-75k) high here shortly before a pull-back to $45-50k, and then making the final run-up to $100k+ after the halving.

The truth is that I am surprised by the recent price performance. In the blink of an eye we have been close to the previous ATH, although now there seems to be a small resistance, as it is logical.


Yes, you never know. So far Bitcoin had not surpassed the previous ATH of the cycle at this point, but we're a step away. Whether it's because of Bitcoin ETFs or whatever, with 11% more upside we can beat the previous ATH and that Bitcoin can do in a couple of days if FOMO breaks out.

When people were making those projections, they were actually looking funny and unrealistic especially when price was around $18k with the bearish momentum still dominant. Well all that are now history because Bitcoin have now shown its potential and have cleared several doubts of people. I completely agree with you that $100k is a sure banker and it may happen sooner than we even expect. If Bitcoin can continue the way it is going up to next weekend, then we should have been looking at new price zone far from the all time high. If $100k actually happens, then many other predictions like the $250k will surely come to pass if not in this market cycle, subsequent market cycles will yield that price.

They didn't look unrealistic to me at the time and still don't look unrealistic looking back.  As I've stated many time, FTX pulling one of the biggest financial frauds in human history is the reason that the Bitcoin market didn't hit it's true potential last cycle.  This cycle will be a make up cycle which is what we've seen so far.  This is why we might get a new all time high before the halving which has never happened before.  The price should have gone higher in 2021, shouldn't have gone as low as it did in 2023, and is very likely to surpass $200K this cycle as a result.  Making that call now is way less crazy then when I was calling for a $4,000 BTC when the price was around $10...

The bull run is actually going on a faster lace than expected, most folks where speculating 60k after the halving and it has already come to us so quickly.

The next price I am speculating is 70k , but I'm actually having this feeling that we might well exceed 100k bitcoin price this year and maybe up to 150k or maybe around that price range.

Bitcoin demand is getting higher as the day goes on and more investors are rushing in, maybe from seeing the price spiking upwards .

85k by may 1 would be a very very very good number

it's been BTC season  for real.

 To know that it's been revolving around $42k+ for weeks back and one would have normally thought the highest it can get within such a small period of time would probably be around $50k+  and it's just rewarding seeing how far it has gone to this height of $62k+ and it's still counting and climbing steadily.

This is just a signal to what will happen in five to ten years to come when this current price would probably be loooked at as a bearish period.

Does this mean we will not Hit or break the ATH before halving? thats sad as I am looking for  this breaking any time this march.

But of course There is nothing we can do about that but to wait.

I don't wanna look about the next 5 years now because  we are just waiting for the 2025 making its way to 100k.

Man, I do hope that a lot of us won't mind hodling even more or overextending to get the price to 100k, I know that I'm being ambitious with the 100k price but damn anyone can dream about the potential that bitcoin can reach, there's like only about 6k USD left before bitcoin goes back to it's previous ATH. I'd probably overextend my hodling for this one, good luck to the hodlers that will plan to take the profit now and those that have been hodling since the bottom, y'all deserve to take the profit.

Those numbers would be too easy, it's like under speculating, bitcoin is really on a massive run and as we know it the demand is getting higher, I even read that the EFT buys about 10% of the available supply of bitcoin and more person's are moving their coins off exchanges to self custody, bitcoin is getting more scarce and Im expecting a serious price pump to maybe 80k this month or 70k, but I'm also expecting a kind of corrections around 70k and 60k for about a week after we hit a new ATH this week or inside next week.


We are all well surprised about the recent bitcoin pump it came even faster than our speculations, most were speculating a new ATH after the halving but we are too close to our last ATH to be thinking in terms of more months, I think this month we are surely hitting a new ATH .

I'm guessing this all time high breaks before the halving.  At this point it seems like the momentum is up and awareness/fomo hasn't even really set in yet.  I'm guessing once the halving hits there is going to be a wave of advertising as Blackrock and friends try to see how high they can get the BTC price to inflate their fund management fees.  At this point though, who knows what we'll see come April 20th.  I know there's going to be some moon shots happening.  Judging from recent Elon tweets, it might even line up with another Starship test.  That would be an amazing day.