Bitcoin Forum

It's just around 20 days ago when Bitcoin reached its previous ATH which was $66,974.77. Just an hour ago, that ATH is already a piece of history as Bitcoin once again registered a new ATH. This time, the new ATH is $67,772.67.

Who else have the feeling that this very recent ATH will not be there for long?

$100,000 is now in clear sight. S2F might prove to be right once again.

Absolutely. BTC will rise to 100K by Dec 31 2021.

Probably an unpopular opinion, but I really hope bitcoin doesn't just shoot straight up, and I really hope it just takes its time and have lots of small pull backs in between. It's quite unlikely to be the case, but I really really wish bitcoin's price increase is more sustainable this time.

This is currently the bullish cycle. There will surely be pull backs but only small and quick ones. I guess the bigger one will follow after Bitcoin hits the ATH at six digits. That big correction will see Bitcoin shedding tens of thousands in USD and might take several months to start consolidating and recover. But for this last quarter, it might be more or less a smooth ride towards $100,000.

Bitcoin is stalling at $67800. Why? Well it doesn’t mean anything in USD but it’s 50,000 BTCGBP. If you look at Coinbase and Bitstamp it’s having a hard time cracking this number. For those that don’t remember we had the same issue when it was 50,000 BTCEUR. It was having a hard time cracking that number due to the large amount of sell orders.

Eventually it broke it on the USD chart however not on the EUR chart, so there was a huge arbitrage opportunity that took a day or so to close until the banks got their fiat deposits for more EURs. I see a similar situation developing at this area. Might take a while before it breaks, if it does most likely the GBP will be lagging.

I think the most likely scenario is going to be that we keep going up, and therefore beating ATHs, until we reach and pass $100k. This is the outlook that most, if not all, reliable predictive scenarios present, despite the pessimistic views we have been seeing lately on the forum.Regarding the pullbacks that mk4 mentioned, I don't really care. In the long term the trend will be to continue rising a lot, it doesn't matter if we go up little by little, consolidating, or if we have a big rise and then a fall. I guess if you expect to sell soon, you care more.

if there is no correction, we might actually see bitcoin price range between $70k to $80k this month. it makes the opportunity to see a $100k price at the end of the year even greater.

based on cointelegraph analysis, bitcoin price could also reach its current high target of $89k, but that will happen if this pump continues. however, if there is a correction, the price could go back down to the range of $60k, or even below it. let's see the price developments that will occur in the next few days. it will also affect the price of the top altcoins.

https://cointelegraph.com/news/price-analysis-11-8-btc-eth-bnb-ada-sol-xrp-dot-shib-doge-avax

Saying absolutely means you are totally saying bitcoin will rise to $100000 by December, but know that this can be possible or very possible it may not also happen before December, $100000 is a long way before it will be reached but it is still very possible and I am not againsting you, just that bitcoin price is just a prediction in short time period. Also there will be many price increase and corrections as many as possible times before bitcoin will hit $100000.

By the time I'm posting this, the ATH that is on Coingecko is at $68,641.57.

If you will observe the movement of Bitcoin in the last 14 days, there is a time where Bitcoin will rise up but it will make a short correction immediately after and this is what's happening right now. Just after Bitcoin reached the $66,000 price few days ago, it made a short correction before it went up again and reach a new ATH. Right now it dipped a little bit.

If you will follow the S2F model, many are expecting that Bitcoin will reach at least $100,000 by the end of 2021. If you will see the probabilities that this will happen, I think there is a low chance that this will be reached but we still have 8 weeks this year and we might see new ATH after new ATH. Well, in the long run many are expecting that Bitcoin is going upwards so just accumulate :D.

It depends on where we are going to land on 6 digits. Reaching a very low price of $100k is not going to cause a "long and big correction" the way you think. After all such a rise is only a small 47% rise whereas we just had a 100%+ rise in July-August that was followed by a very small correction. Then another 71% rise in October that was followed by a -15% correction.
There is simply no reason for the correction at $100k+ be any different other than this number being "round"!!!

ATH=$68564 @bitstamp

$68,500 was the highest that has happened today and I think that there's more and it will try to break $70,000 anytime.

I am because we might see another ATH before this year ends. Isn't it exciting that we're close to what plan b's prediction?

Yeah, the strongest hands will be celebrating that soon.

Slow and steady wins the race. I wouldn't mind it really if $100k was reached by the end of the year, like at the last few weeks or so maybe? Just to make sure that you know, it isn't similar to the bubble of 2017,2018. I hope that the rise could actually let Bitcoin stay at that price or at least close to it for the rest of next year. It'd be much safer for the market scene if the price rise had at least some foundation right? Though ig investors would like it more if the market went crazy, more opportunities for them I suppose.

I also saw the price hitting $68k and I check cmc it's say $68,500 so indeed a new all time high for us.

Of course this is just in preparation for the $100k that we all expected to happen in December.

So we need to just stay relatively calm for this current upsurge. It's surely makes everyone happy, but the end goal for all of us is that 6 digits so better not push that sell button for now.

Small pull backs will occur from time to time while Bitcoin is gradually increasing.
Bitcoin seems to be stabilizing at certain region after a sudden pump and then a few weeks after, it pumps again. That's something fine as it shows slow and steady gains.
It's indeed very unlikely for Bitcoin to just shoot straight up because there were always those who sells, especially when Bitcoin hit another milestone. Let's say $70k, a huge or not so huge pull back will inevitably occur. Good thing is that, Bitcoin is now capable of bouncing back stronger.

Yeah, it is just an expectation that we might see $100k, but we are not sure of that. Maybe the S2F model is accurate maybe not.

Let's take it slowly, however, we all know that when fomo sets in, it's hard to stop and who knows, maybe $70k-$90k will be the max price in the current bullish phase. There could be minor pullbacks but then again, investors are going to buy at every dip.

Price is right now almost 68000 so yes, I guess I am very happy and I'm sure a lot of people are also very happy (and not only BTC people but ETH actually which has been rising almost nonstop for weeks now) but I wouldn't just say so soon that 100000 is in clear sight. There's a lot of things to happen yet in between to say so. But it does look highly positive now!

Me, me, me... "Hands raising supporting the next ATH"  ;D
I am glad I stayed in this path. No regrets.
Reminiscing the first time I saw someone regretful about buying Bitcoin then posted it in a streaming service. He was banging the ATM while he only invested in it for a month. I think the price back then was $600 and then it fell to $400 so he withdrew it all.
A bit curious how is he feeling right now.

I believe that we may not see 100k this year, it could be in 2022 and I would be fine with that. As long as price is steady and people are not losing too much, we do not have to earn too much neither, I am fine with that. I understand that people are looking at bitcoin like it is their bread and butter, and I understand that we may end up with a low price eventually, but expecting it to be 100k in 1.5 months is wanting way too much, expecting it to fall is more realistic right now.

Just focus on the price we have and focus on what we could do in the near future, that way we could make a lot better returns if we have realistic approach. Doesn't mean that we will make a profit right away, we may actually end up losing some money as well with that attitude but at least we will lose a lot less than the guy who waits for 100k to happen in 1.5 months.

Alot of people sees that bitcoin still have potential to exceed because of its structure everytime after making a correction, so for me in my personal opinion its not surprising that bitcoin keep gradually breaking new ATH since there are still accumulating and keep pushing bitcoin to the resistance level.. and yes for sure before this year end there will be more surprises with bitcoin, especially at this moment that it shows a break out for sure many buyers again will expect more increase in the near future.

I think there is no reason for it to fall right now, there is very strong support on the current price and since it felt from 66K to 60K but very quickly regained that loss + reached the new ATH, I think that it will just rise and rise until something bad happens. But once something bad happens and price begins to fall, it will be a total shock and we probably may see as great fall as we had when the price was 20K back in 2017.
But right now, the market looks very promising to my mind and there is no way for it to fall and reach 50K, 40K.

I am fully convinced that this last ATH will not exist for a long period of time, Bitcoin breaks every time its previous high and reaches a new high and this will definitely not be the last, I expected (in a prediction thread here on the forum several months ago) that Bitcoin would reach The price of 73,500$ is on December 7th but looking at the current bitcoin price I think it will cross that number well before December and for sure we will see 100K$ before the end of this year. This wouldn't surprise me at all.

Yeah, no regrets for us, it was the path that we took and we are glad that we stayed through it, thru thick and thin and now that we are seeing our big rewards.
Yet, this is not the final ATH that we wanted to see, we wanted more, 6 digits.
So let's wait up to the end of the month for sure we may be close to $100k by that time. So remain a HODLer, don't celebrate too early.

charted a new peak at $68,600 (on Bitstamp).
https://cryptopotato.com/bitcoin-touched-68600-for-its-new-ath-cardano-soars-12-market-watch/

So it did touch up 68k price point and i wont be surprised if it would tend to break 70k price out of this year but lets just take a pinch of salt in regarding on this one yet its really hard to make out conclusions.Its really good to see on what we are achieving as of this moment.
Price had soared up even though there were no breakouts of resitances on 10k increment but at least we are seeing some
testings.

We not be surprised if bitcoin will reach 100,000 every year it is increasing that's why we must buy some bitcoin now when it is not so expensive and so that we can gain our profit in the next 5 year, it is already proven that bitcoin is increasing year by year.

Nope.More like 70K,but there will be a price correction after that.100K should be expected in the next years,unless the global "powers that be" decide to ban Bitcoin for some reason.
Now is the time to relax and enjoy the bull run.
I really hope that Elon Musk will shut up and decide not to troll over Bitcoin,like he did during the spring.
China is no longer a FUD factor,so there's nothing to expect from the Chinese Communist Party or the People's Bank of China.
I also hope that the Biden administration and the Federal Reserve won't cause any FUD,at least until the end of this year.

Have a little faith, because we are still approaching the month when beautiful things happen (of course, if you believe in Santa Claus🎅) - and if you remember the end of 2017, who then believed that the price in December would double?

I don't believe that $70k is any psychological limit in any way different from $60k, so it's possible that it will be broken much easier than it seems at the moment. The WO reports that the price on Bitstamp has touched $69k, and it is a bit illogical for me to stay here where we are now for the next 50 days - for me personally it doesn't matter if the price reaches $100k by the end of the year, but it would be nice for that to happen because a lot of people are hoping for that.

Bitcoin is like always defying the mainstream economists that were saying the price was creating a double top and then it will go down in price, the truth is that bitcoin will most likely reach 6 figures by the end of this year, the hype is simply too strong and the bulls are going to keep pushing the price that high, now it is going to be difficult to maintain such a huge price as a lot of people will want to sell at that point but I think we will at least see that price for a few days before it goes down in value.

there seems to be some momentum left with bitcoin, which means a new all time high is still in the pipeline... possibly we could be seeing a crossover of 75,000 dollars before the year ends which isn't far by the way. And as per tradition when bitcoin is bullish and posting new ATH its expected that altcoins will ride this bullish wave and post some new numbers but unfortunately all time highs could mean a sell off for some of these projects which will soon be tanking. 

That is the problem with most traders and investors. People aim for too high when we are not even there, and then they get upset when it doesn't happen quick enough. I can almost guarantee that the price will be 100k one day, I am not saying it will be soon, but eventually it will happen and we all know this.

However, when we haven't even broken 70k, why would anyone aim at reaching to 100k? This is something I have been trying to talk about many many times so far and for some reason I do not understand why people keep ignoring it. I get that it may not be something that is hype worthy, I mean why would you get hyped about 67k to 70k? It is a small increase, but 67k to 100k is worthy of hype so I get it. However just because it is something you get hyped about doesn't mean that it is reasonable and realistic, first focus on the things in front of you.

My prediction of 70k in May did not come true last May.

It has still not come true. So yeah I will be very patient till my “70k jinx” is broken

About 8 hours ago Bitcoin hit new ATH again at $68,789. This is absolutely incredible, and the price of $70k will soon be reached. I predict maybe
next week Bitcoin can reach the price of $ 70k, I am very happy Bitcoin continues to rise in price, so it's getting closer to the target price of $100k
which I predicted earlier. Regarding altcoins, it seems that they have started to move up following the Bitcoin price as well, so the market is very
positive right now, I agree we should hold some potential projects. So in the future we can generate large profits. Besides Bitcoin I am also
currently holding several top altcoins, I hope by the end of this year I can enjoy a big profit.

Could be a year before another ATH we dont know yet.   I dont think its passed higher with confidence just yet so waiting for a better launch tbh
   A failed break higher would be taken as a bearish sign with most assets but with BTC being so volatile its hard to be sure.   Still its better to wait for a regular observable gains then just hope or assume we do get ATH, long term I'd agree but longer term the pattern is more assured then just recently.

I am feeling again what happened last all-time high a few months ago, after creating an all-time high, huge dump after. Just like what happened a few hours ago, but for me, it's just a pullback.
There are still lot of people for $100k Bitcoin this year, I am worried if Bitcoin could not reach it, could be a lot of people be disappointed and start selling?

I was surprised to see a dump again, I thought it will still maintain that price range range. And then the correction happen to early and now the price is around $64,000-$65,000, still a far cry from what we are supposed to expect this month, at least $80,000.

So again, we are back from where we are this month, so it will take a lot of money to push it around this November and yeah, maybe the expected 6 digits will not happen, but we will see, we all know that Bitcoin pulls a lot of surprises specially at the end of the year.

Just always remember that every bitcoin price correction is an opportunity to buy. I you don't know exactly how low btc will correct, a DCA strategy always work. This bull market is very unpredictable/volatile but if we keep this momentum, we will see a 6 digit bitcoin price very soon. 

69k is the most but did not carry to make it to 70k in which now the new target for climb.

100k is getting harder and harder to achieve , i though the run will take at least 75k before correction but did not go that way.

I did not manage to sell my bitcoin instead what i did is sold 3 of my altcoins and now planning to re buy.

though there are only 5% drop i am waiting for at least 10-15 before taking chance.

Tell you what, 100k by end of 2021 is still a heck lot more plausible than Santarina sitting me on her lap and asking if I've been a good boy. Yes, even with this current "dip" right now.

I absolutely remember Dec 2017. I would really not like a repeat, though. 100k by the end, in a series of weekly highs, followed by a good half more year of slow swells, and then a more relaxed return to, say, 50(?), where it plays for a few more years.

Since I'm recounting my life-long Christmas wish, I might also win a nice lottery or two and swagger into an OTC office and plonk an order down.

If there's one thing I've learned all these years when it comes to Bitcoin, it's that nothing is impossible - when you least expect something, that's when it happens. The only question is who or what should be the deciding factor that would make a big boom.


While I personally wouldn’t like another long crypto winter, there are those who want it and hope to be able to buy BTC and many altcoins again at 50% and lower prices - whether it’s those who just want to profit again, or those who want to invest for the first time and feel that crypto prices are simply too high.


It would be a real Christmas miracle to win the lottery, here in the EU we have a Eurojackpot whose winnings are at least 10 million EUR, the only thing is that the tax (at least in my country) is only 30% - but although heavy-hearted, I would pay that too, just to draw my lucky numbers. Then I would buy a lot of BTC and enjoy the rest of my life on a private island away from the viruses and all the bad things of the modern world ;)

While true and at the same time this seems like the right strategy this is not the way the majority of the people see it, most newbies that enter the market are not interested in holding their coins for the long term, they want profits and they want them as quickly as possible so they prefer to trade the markets and do so with extreme leverage, so any small correction can be big enough to wipe them out, not realizing that a dip can be a reason to be happy as you can get in bitcoin for a cheaper price than the majority of those which enter the market during that time frame.

Regardless though, this noobs will have to learn it the hard way, if they think this market is a get rich quick scheme, then they will be on a rude awakening if they put all their funds on bitcoin and trade and be wipe out. Very hard and expensive lessons for them.

So it's either they totally quit and blame the market for their lost, or learn from their mistakes, be mentally tough, learn to buy at dip and then just simply be a long term holder, and wait for the next all time high, it's their choice.

Technically, when an asset breaks past an ATH and keeps growing, it is at ATH all the time until it crashes.


It's already feels less wild than the previous bull runs, only 6 times increase in 1 year and a multi-month correction in the middle of the run - IMO it's very healthy and sustainable.

The price increase is quite healthy and sustainable for different reasons. The most important being the adoption of bitcoin all around the world. Compared to the previous year, this time the rise of users is very big. The active participant count have increased much due to the Pandemic. The growth also hasn't took a direct steep rise, it bounced, it dropped, it fluctuated and moving in a controlled manner. Maybe what we experience by then will be the this year's ath.

Price fluctuations or corrections cant really be avoided because it wouldnt be called a market on the first place if we are just seeing continuous price increase which cant really be possible.

We do need a healthy and strong market which there would be no some Long green candle sticks and do happen next on having a crashing market
because it is somewhat some sort a form of manipulation.

For now the best thing to be done is to utilize those movements for you do make profits.

The market we are in and the price right now made me remember this comment.

The ATH has been a little short of $70,000. I wasn't expecting that such a severe correction would happen on the road there. I thought there was an easy ride towards $70,000. Obviously, I made the wrong assumption.

From the ATH to price as of this writing, Bitcoin has already lost almost $10,000. This is one huge correction. But this is making Bitcoin healthier and more sustainable, avoiding bubbles.

What's going on or is there a healthy correction going on? Yes, and it's much needed. We've been too complacent and greedy. A floor of 59k or 53k would be ideal, which is exactly why I would be looking to reposition here, where the market starts to heat up. I suppose to believe that if we dip any deeper, it will be a bumpy ride. Still, I'd wait until the needle turns a little bit, but the chart still indicates an upward trend. The BTC price isn't too bad at the moment, so I just allocated some more funds just in case.

I disagree. The "healthy correction" took place and ended days ago. What we are seeing today (and yesterday) is simply a panic sell due to some newly created FUD regarding some old but renewed government regulations and taxation laws.

The current bitcoin price will continue to skyrocket, I'm sure the bitcoin price will not drop like in 2017-2018, at that time the price reached $19500 and in 2018 it dropped below $5000, the daily transaction volume shows that investor interest in bitcoin is very large so that the upward trend and ATH will happen frequently.

I hope that it's really the case since the prices right now are hovering at 59k hopefully this won't last long and we get to see another pump in prices the next month. I don't think that bitcoin will ever go down to that point anytime soon because things have changed for bitcoin so no worries that it will ever go to that point anytime soon.

it seems that the Shortly took long  ;D

Well I am confident that Bitcoin will strike again sooner but at least breaking 75-80k is more than enough to expect than that 100k.

you will only fail yourself if did not reached that target.

you'll never know mate, actually the fall of 2018 is not bad than what we have in 2020 , so never engaged in too much expectation .

When you are a long term holder it becomes not really that important if you could break 70k, we reached nearly 69k and I didn't sell, I do not want to sell there, I will probably not sell at 100k neither, I am going to hold for a long time, it doesn't matter how much one bitcoin worths, it matters how much I own and if I owned enough at 30k then I would have sold there, if I own enough at 500k then I will sell there, it is all about when I feel comfortable. This is why anyone who didn't sell at 69k will probably hold until 80k as well, at least I will hold it. So, that is why 100k is better because there will be a lot more people ready to sell compared to 70k.

Hopefully, that will not happen and the price will not drop like in 2017-2018 because if that happens, I can not imagine what will happen to the market and it could make the market crash and not rise for some time.
With many investors interested in bitcoin, it will have a chance to sustain at the current price but we should still be careful with the flash dump that can happen anytime.
Bitcoin will have a new ATH, but we will also see many corrections in the future because the bitcoin price will fluctuate from time to time.

Don't forget that this year many institutions have decided to invest in Bitcoin,  so the possibility of the dump that occurred in 2017/2018 is very small
will be repeated. Moreover, since Bitcoin reached ATH several times this year, more and more large investors have joined, I believe Bitcoin will be
bullish until the end of this year. So don't worry about the Bitcoin price drop right now, because Bitcoin has gone up too high to hit a price of $68k.
So it is necessary to make corrections first, in order to go higher and reach another new ATH. Most importantly, we should not panic, just holding
Bitcoin that we have until the target we want is achieved. Because how deep the price of Bitcoin falls will definitely come back again. In order not
to be too stressed looking at the current market, it's good we don't see the market too often, busy ourselves with other positive activities.

That will be the scenario to happen once many people will get panic plus there are fuds will add up to the fear of the people, but I doubt it will happen this days knowing bitcoin is already a well adopted crypto so for sure many will catch up this dump and we can see a pump after this correction happen. We can still say we are bullish even if the correction happen so lets think about positive and not those crazy disturbing scene come up to our minds.

Correct, however the vast majority of the newbies are not going to learn even if they have to go the hard way, this is why when I see the forum of altcoins I see a lot of newbies complaining about losing their money, but instead of thinking their strategy was wrong and their expectations out of the market were out of line and adjust their strategy accordingly, they end up thinking the market was the one wrong and they keep trying their old strategy with awful results.

Those companies will probably not invest into crypto just to get out very quickly. I believe that we are going to have those companies buying and buying and keep holding it for years. Remember these are stock market companies, they buy stocks and hold them for 50 years, there are many companies that hold it for decades and they will probably keep doing that in crypto as well.

This is why I believe that we should follow that approach as well, I am going to try and hold my crypto for years, probably decades and that's how I am going to keep profiting from it. I am not so sure if I am going to be able to, life has unexpected things thrown at us all the time, but that is at least my goal. This is why I believe that these companies will not sell anytime soon, they will hold it at least another 10+ years and that's going to be helping prices as well.

But the dump will happen many times because we see the current situation in the market in which bitcoin price getting down for more to $56k.
Hopefully, this dump will not continue too far because that can make many new people who will not be ready to see the big dump if that is really happening.
Bitcoin now gets another correction and there is no clue if the correction will still happen or will stay at the current price.
I agree that even bitcoin falls, it will start to rise slowly or fast depending on how people react later.

It seems that is the scenario we see now because the price is down and many people panic, especially new people.
They read much bad news about the bitcoin falls but they do not know how to anticipate.
This dump gives us more chances to buy bitcoin at a low price because we do not know if we can buy more bitcoin at this price in the future.
The bullish will come soon so we need to hold bitcoin and not panic.

Those are smart investors, they invest big and won't simply sell just to test the market liquidity. It's obvious that it has enough liquidity, so the best thing for this companies is to really hold on their reserve assets for years and a years.


Easier said than done, for retail investors, most of us really look for profit and if by chance there's something that we needed money, then obviously, we will have to sell at some point.

Of course, it's really better to hold on it, history already tell us that. Just test if we can just hold till the next halving, then that will be great and for sure profits are there by that time.

ATH occurs because investors are optimistic about the future of bitcoin, they immediately buy when they get positive news for example Elon Musk who invests up to millions of dollars, besides the higher transaction volume makes the opportunity to skyrocket happen and I believe that the new ATH in November can reach at least $70k.

What you're saying makes a lot of sense, some big companies that start investing in Bitcoin are usually for the long term. This means that
the price of Bitcoin is unlikely to fall too deep, and it's true that now we can see the price of Bitcoin starting to recover. Moreover, the history of
Bitcoin movement shows that several times Bitcoin fell, it always managed to recover and the price rose much higher. I support if you plan
to hold Bitcoin for the long term, but it is not easy to do so. Because often in life we have an urgent need, which forces us to sell the Bitcoins
we have. But as long as we have a strong intention to hold Bitcoin in the long term, hopefully it will come true. I also have the same desire as you,
I want to buy Bitcoin regularly every month and hold Bitcoin for at least a decade, maybe if I can hold Bitcoin long term it can be a very good
retirement plan for me.

Forget about Elon Musk though for a while, he is no longer relevant to bitcoin market as far as I'm concern.

We are at least trying to break into the $60k region again. As you know, the price dip to as low as $55k and now it seems that we are regaining some ground, but this could be a bull trap as well. Nevertheless, personally I think we are still in the bull run and $70k is a conservative price to reach this year.

It can't be clear but that seems possible since the support level is up unlike in the previous days. I think that we even surpass $70k if this continues.
I guess we are still making the new ATH high this year before we jump 2022. This year is kinda making good history in the crypto market. Quite obvious to see that the market is keeping healthy all throughout this year even we still have 1 month left, I know we are still on the bullish side rather than seeing it in red.

And this helps the price in three ways, the most obvious one is that with an increase in the demand the price goes up which is what many people care about but there are even more benefits, the second benefit is that this reduces the size of a crash as institutional investors will see a crash not as something negative but as an opportunity to get more bitcoin for a reasonable price, and finally this will help to stabilize the price as they keep holding their coins forever.

Elon Musk is out of the topic these days since he was so busy pumping his memecoin/altcoin/shitcoin. He's just creating a hype using his influence to the social media.

Anyway, I like it this way, Bitcoin slowly taking some dips and slowly gaining a new high after, it just proves that it's quite stable in this manner until the market pumps again. For now, it looks like a bear trap but the way the market stay still, it's out of the line to call it as bear trap. It might be just trying to test a new price with what's the bottom then proceed to break the $60k again and might as well have a couple of days testing the $60k before breaking the new ATH which is $70+ up.

I do agree that Elon is not cared about anymore. When he did it for the first time he was richest (or second richest for a while in between) person in the world. Of course the richest man in the world saying something about bitcoin would make everyone quite happy and that is what happened.

What I believe we are living right now is a period after that like a burn out. People cared about him long enough and they just feel tired about him and that's understandable. What did everyone expect, for people to care about Elon forever? This is why I totally get it, it is understandable that we grew tired and do not care about him. This is how we are taking over that 60k again, because we care more about ourselves now.

$100k is on clear sight but doesnt mean that we would able to break 70-80-90k easily and expect that this would really be a hell of  bumpy ride and theres some indefinite time on when it would happen.It all matters

with the demand and recognition which is something that cant really be influenced for it to move it faster or something like that but we are surely moving and heading there despite of the tight regulations that

we are facing considering that government doesnt always end up on being positive with crypto but rather they do really hesitate on dealing or touching it which it isnt really surprising at all.

We will see if we can pump $10k before the end of the month just to push the price to near levels of $70K. Unfortunately, it seems that the price can't even go above $60k. But yes, if 6 digits is clear then it will be one bumpy ride leading to it. We still have the historical bullish month of December to look forward to, so let's see how it will pan out. And we didn't hit 6 digits this year, then obviously, the target would be Q1 of 2022.

bitcoin always creates new ATH and can't be stopped

$100k is next > bitcoin's new ATH target in the near future and I'm pretty sure it will be before 2021 over

My advice is buy now before it's too late

Bitcoin is a very popular crypto in the space so it's surprising its breaking history everytime when bull occur in the market as well.. It's the common choice of some investors to make the story short so expect more all time high value in the future. This is just a beginning indeed and since the adaptions is getting higher for sure there will be more surprises ahead with bitcoin.

Where i the Shortly now ? the price drops down to 56k again and there is a chance it will conmtinue drops .

I think the market behavior is far from what we expected here and i believe that like the other thread says, there are opportunity of another bull trap this December 2021.

Shortly, nearest future, soon - do you really believe that Bitcoin price can grow all the time? Grow so quickly, to update ATH all the time. I think we start to forget how low Bitcoin price can drop, and how much time it will take to recover. Dont forget about 4 year price cycle. Dont forget how the price grew thanks to ICO and Elon Musk, and NFT probably. I think that the price will be updated only when a new "pusher" will appear on the market. A new hype that will attract newmoney to cryptocurrency, that will wake up peoples interest into spending and investing.

That 4 year cycle is an old talk and wasn't correct this year. We had a big increase to ATH during April, and then we had a 50%+ crash and then we recovered to a new ATH once again in the same year. This all happened within one year, which means that people are definitely looking into something for themselves as well, it is going to be not so weird to expect it to be 100k somewhere in 2022 as well, which could mean the start could happen during December too.

It is why I believe that bitcoin could always fall like you said, but that doesn't need to happen all the time, it could happen at different periods as well and maybe this isn't one of those times, it was a correction and we will recover and break ATH again, or maybe we won't but there is no guarantee which one of those things will happen. This is why people believe "anything could happen" is more likely than saying this or that will happen.

The market at present isn't able to gain momentum for forward push. It has been moving within particular price point. Upon which there is more chance of a bear trend than a bullish move. The market won't move upward all the time, it also requires time to correct itself.

The market moves will continue to drop down to $50k and then we can expect gradual rise, because during the month of December there'll be more selling as it is vacation. Maybe some positive news could impact the market turn bullish.

HAHA I really hope more people think this way because last year when they said the same thing over and over in the months leading to the end of 2020, we saw a massive rise. Price started at $18k and broke the previous ATH which as you may know is a pretty tough resistance to break and then continued to reach $30k+ before December ended :D

So basically the "more selling cause it is holiday" turned into a big 70% rise in 4 weeks.

What can you say about following: when I look on the graph, I see a price growth on last/first months of 2013/2014, then on last/first months of 2017/2018 there was a nice growth, now this year there is a price growth and we are near 2022. According to wiki bitcoin appear in 2009. +4 years and in 2013/2014 a nice growth, +4 year and in 2017/2018 growth, +4 years (almost) and on October 2021 new ATH. This year we had ATH just a bit earlier. Isnt it a 4 year cycle ?

It is true that market is failing to gain momentum and it is trapped between the 50k and the 60k levels, this means that investors are undecided, there is no clear trend to follow however to me that is not such a big issue, if we think about it this is great, we have a ranging price that is half way there to 6 figures, that is amazing and it would have been unthinkable just a few years ago, so while I still think the market could grow even more I am satisfied by what we have seen this year.

he is currently busy with other dog coins because he always does that.
this is a pretty good thing because indeed with things like this bitcoin will be more stable in their price stability and this is quite good for those who are indeed holders in bitcoin because it is indirectly in this case bitcoin will gradually be greener with the adoption rate continue to increase

Exactly, that is the term "undecided", but it doesn't mean that they will have this mindset for a long time. Maybe right now they don't know what to do, whether to invest or not, but sooner or later they will have to make a decision for themselves and I'm optimistic that this will be very positive and bullish movement could occur once we enter December. And I don't see it dropping to $50k, we've seen the lowest at $55k and it won't go down hard unless there is a massive FUD again next month.

Regardless of the new ATh will happen or not in December doesn't matter. It's already sure that Bitcoin price will reach ATH another ATH from now on. There's no other way of it even a bear trend will happen. I like the price happening so far when Bitcoin didn't directly touch the $70,000 price. It needs another more round of refueling before taking the $50,000 or $60,000 price as its support and resistance level.

I don't believe that we will not be seeing Bitcoin will drop again at $50,000. It will happen but eventually, a heavy bull run will happen again.

I think the same, however there are many short term factors that could affect the price of bitcoin and make it to go down scaring some newbies in the process, an example of that is what is happening with the new covid strain that has been discovered at South Africa, investors got very nervous not because of the discovery of a new strain itself but because it seems to be a strain that could be especially dangerous and that it could force us to go back to the lockdowns we suffered not long ago.

From this I come to a conclusion that bitcoin market is being controlled by retail investors and traders and not by long-term believers. Because, if we are the real influencers and taking bitcoin market to a new ATH near $70k, then definitely we will not get scared about a new covid variant and dumping bitcoins. I remember the same kind of scenario by March 2020. But, this time I am not expecting that kind of damage due to covid. It means we may see bitcoin prices to be recovering and setting up new ATH.

Honestly I am still confident about getting into $100k levels in 2021. Hopefully India will take a neutral stand along with their new crypto bill which might be another factor (by considering the number of bitcoin adapters) for driving bitcoin toward $100 in my opinion.

All markets are always controlled by those that are buying and selling, the holder has at best an indirect influence by not selling when there is a crash and making the crash smaller than what it would be, but other than that the holder does not hold any influence as it is not part of the process of price discovery short term traders and investors are part of, this can be considered unfair but it is a small price to pay to be able to hold your bitcoins for the long term.

Hey, I am not ready to agree with this. I believe holders are still a influencing factor like anything market on deciding the direction of market. Probably bitcoin is something unique with its supply system; bitcoin's supply at every 10 minutes might be leading to neutralize the power and effectiveness of holders; which is the reason it is seeming like long term holders are not playing any role on direction of market. Still, I am not ready to consider it is unfair.

For example, in other markets with no regular supply on daily or monthly supply; when someone is selling and then traders and investors may decide anything which again makes long term holders powerless. So, basically all the markets are working similar and bitcoin market is also checking all the boxes of basics of one perfect trading environment hence nothing unfair here just because of bitcoin markets.

Markets is controlled by buyers and sellers which is the main reason on why this market moves out on random behavior which it isn't surprising but there are

people which called whales that do really make out some significant effect on the market which cant really be avoided which turns out to be that somewhat

on the sense of manipulation which isn't surprising.We don't know on where this market would be going or heading.

I am just changing my mind that we may see $100k levels only in January 2022. Because right now market is into sideways movement which may not get into bullish at any time soon. Even India got big number of userbase for bitcoin adoption, I do not expect India's bill will be one of the driving force for getting into $100k; because bitcoin market already defeated China's ban and compared to China, bitcoin adoption rate and businesses like mining/exchanges are very less in India. Hence, bitcoin will grow on its own regardless of what India will decide on bitcoin.

If you are waiting for any government's stand on bitcoin, then probably you are missing the current dips. In my opinion the current price level for the last time opportunity that we could accumulate bitcoin for less than $60k levels.

Yet the Holders are the majority in which handled bigger part of the market, the day traders are the one who is actively moving the market but it is the Holders that will decide the future of each coins.
But the ATH to come shortly seems to be taking long time as the price keeps in stagnant and cannot make a run even to reach 60k one more time.
so all in all it is the not coming closer to that another ATH in the making.

Had been waiting since couple of weeks but there is nothing happening , any chance to happen this December?

the month started with still stagnant price so what will we expect in the next couple of weeks before the Year ends?

We'll just have to wait more because bitcoin knowing its highly volatile, it can suddenly make a price surge before we knew it. Patience is the best virtue for now. For the mean time, consider buying some bitcoin if you have good funds. Buy now before it will cross its $60k price resistance because once that happens, bitcoin price might start to skyrocket again with its goal of reaching its new ATH. If this will not be possible this year, there is still another year that will be more profitable than today's year.

making it hard to compete the market now, Bitcoin keeps on failing to maintain 57,000$ value several days ago.

I thought this December 1 will be the beginning yet? nothing comes that good.

Lets wait for at least 2 weeks from now and if nothing happens ? then expect a Bull trap this End of December 2021.

for those who had accumulate when the price drops to below 30,000$ are surely the winner in this part because they can sell anytime they wanted to escape the trappings .,

I agree that bitcoin market will definitely defeat any government's stand because we have already seen enough proof for this. There is no big news (after the recent new corana variant news) are spreading with crypto space but it seems whales are silently manipulating the direction of markets and accumulating as much as they could. Yeah, otherwise I guess we are probably might have been trading around $70k levels by this time.

Usually all new months do give some boost up for bulls during bullish trend but this December 1st is looking different so far still we have some more hours left in this first day of this new month hence we may wait and see where market will start heading.

I would say it is looking good right now, it is not doing that bad. I am not saying that we are getting to 70k+ soon or anything like that, but it is not looking like it is going to suck neither. I believe it is going to be decent and I believe it is going to be not so bad.

I get that not everyone believes bitcoin to be doing 70k+ or have another huge hype right now and that is understandable, but even if you do not believe it to be going super high, it is easier to believe that it is going to be not falling too much. So what you should do is, if you don't believe in super highs, just hope that it doesn't go under 55k, that way you would be doing a lot better.

Op, don't believe in S2F too much because the mt gox story is not over yet and they will release the coins any time (can do that even this month) and the fear can clearly be felt after seeing the market shaken and btc under 60k. I don't say that it will not recover and make a new ath, but not in December 2021 according to my thinking. On other hand, I see money flowing back into alts and they are doing better than btc, so don't stick to btc at times when you know you can make better gains with other options.

But also the effects of the new covid-19 strain which really put a dent to all financial markets around the world. Maybe the critics of S2F modelling are now mocking it because we are far from it's prediction of 6 digits at the end of the year, maybe because it didn't take into account this kind of events (mt. Gox and then Omicron strain). But it is what is it, bitcoin is very volatile but it's good if we are going to end around $60k-$70k at least.

Bitcoin may not be at its best this time but who knows, it might skyrocket again in the middle of December. Knowing bitcoin, it’s always capable to suddenly reach another ATH because of its high volatility. And maybe you’re right, the winners will always be those who bought bitcoin when the price was definitely cheap.

For now, let’s just observe how the market goes before year end. I just hope there will be more good news to go so that the market will be greener and new ATH for bitcoin will be totally achieved.

Yes, they are making a lot of money because bought bitcoin in the drops at $30,000. I am not sure if they have already sold their bitcoin, especially if they have a high target price at $70,000-$100,000. We have much time just to wait for bitcoin to rise higher this month while we need to use this time by buying more bitcoin because bitcoin price now still not moving higher. We should not let this chance without doing something that can benefit us in the future. Hopefully, from this month until the new year, we will see a big change in the crypto market and that can give us a big profit too.

Let's be glad that the price didn't fall too much when the new variant was announced. The news about new variant is alarming that can affect the economy again of those who juat restarting again to open their country with lesser restrictions regarding safety. Though we know crypto didn't affect much in covid pandemic last year we still cant guarantee if the variants will not harm crypto now. Hopefully this new variant will not spread longer to atleast reach new ATH before the year ends.

I have bought bitcoin lower than 30k, and I am still waiting for it to reach to a higher level. I am probably never going to sell it at this current amount I have, it would need to be millions of dollars for me to be able to sell and do something with it, otherwise it is obvious that we are going to end up with something that is a small amount since I couldn't invest as much as I wanted to. However, I have bought at 20k+ and then 30k+ and then 50k+ as well, even a small portion at 60k+ as well.

So, I have bought bitcoin many times, and I am going to buy more and more for years as well, I am not going to suddenly stop investing into crypto, I am not going to just wait for it to go up, I am going to keep buying it because I believe in the long term it will profit me a lot more. So not everyone just bought and waits, they may keep on buying more.

Nobody knew the unexpected events such as Omicron coming back in our lives as a new variant, while vastly making it impossible for everybody to go out and freely do what they want to do, and this will also let the markets fall once again after omicron gets detected all over the company.

Really hard to go straightforward if we do see these events that do affect globally then we could really presume out that the market could possibly fall which it is something a big probability to happen but these fundamentals doesnt really mean that we would crash but
to see on perspective on which this could again affect world economic state and since we are dealing with market
then its undeniable that it could make out some effect.

With the arrival of Omicron, it will be expected that most of the economies will be down due to temporary closures of non essential big and small establishments. With this, countries will be unproductive again. And crypto market is not an exception either. I think the present correction will last until Omicron will set in. But as expected, crypto will definitely recover and bitcoin will continue to reach its new heights again. And we will be expecting again that before 2021 ends, we will finally see a bull run before the crypto changes its cycle for another bear season and maybe it will happen early next year.

negative issues made hopes of a new ATH vanish in December this year. Everyone's hope of breaking through to the highest price became the latest dream for novice investors which was not achieved. today the price of bitcoin is back to $56k already down from before the price of $57k.

I think bitcoin is having a hard time hitting its $100k price target anytime soon. Entering the end of 2021 the price of bitcoin is still experiencing a significant decline where the price is at the level of $56k, even dropping into the red area in the last few weeks. Therefore, the bitcoin price took a long time to get back up, let alone to reach the target price of $100k.

I do believe that there is a good chance we could reach to 100k, I do not care if it is having some hard time right now, it is expected to have a hard time right now because we have gone up so much. This is called a correction and it was bound to happen. Remember we were a bit under 30k, now we are over 55k+ that is the price we have to pay, sure we reached new ATH recently and it is sad to see the price going down but the reality is that we can't just let the price go up constantly, there are so many people who have profit selling and there are so many people panic selling as well.

So, just wait out this storm and eventually it will be 100k+ for sure. Maybe it won't be in 2021, but it will surely happen and that is why I am not worried at all. I can just wait as long as I have to, I waited out worse than this and then we will have another bull run.

That hope doesn't only come from new investors because many old investors also hope that bitcoin can break through the new ATH before the end of the year. that hope will continue because price increases do not always occur when at the end of the year, there are still many investors who believe that bitcoin prices in early 2022 will increase and reach new ATH.

True. In the last few weeks, we can see that Bitcoin continued decreasing quite significantly. Today, Bitcoin price already dropped around $52k, this is not a good sign for Bitcoin holders. If Bitcoin price continues to freefall below $50k, I am worried that most Bitcoin holders to lose their confidence waiting for the next pump. Finally, they will sell their Bitcoins and dump the prices instantly. In my humble opinion, this scenario seems possible to happen if most people are no longer trusting in the dream of $100k of BTC price this year.

That's the problem for most people nowadays. The target is too much. I know Bitcoin will reach $100,000 but let's not advance on that yet.

Let's just stay to something realistic for now. It's good that we are climbing slowly rather than reach another moon price within just a short period of time. Take it, easy mate. Bitcoin will reach $100,000 at the right time.

Some people panic when the price of bitcoin falls freely, they even think the price crash like 2018 will return. But if people have been in crypto for a long time, they should never panic when they see the price of bitcoin in free fall because bitcoin has proven time and time again that it can overcome new obstacles. Even after the massive decline the price of bitcoin continued to rise to create a record ATH. therefore, the bitcoin price will soon go further ahead.

After bitcoin made ATH early last November, now the price of bitcoin continues to experience a very deep price correction. even the massive selling of bitcoin has dominated lately where the price is still stuck at the $47k-$49k level. With the current bearish conditions, it seems that bitcoin is getting more and more difficult to make a new ATH again until the end of December.

I think it's only natural that many people start to lose confidence in holding Bitcoin with the current market conditions that continue to decline. when the price has started to fall more than 50k as it is today a lot of speculation has started to appear about negative news about Bitcoin which makes it difficult to get back up in a fast time.
even people who have known Bitcoin for a long time also know that Bitcoin will recover and this has happened very often but the long time to wait is to become a fear so that the trust in holding it is currently decreasing.

Why do we want to see another ATH after ATH? Obviously the market has been corrected, It is more dangerous If it keeps rising and rising, because It will have a huge possiblity to collapse and worse it'll dump again to where Bitcoin was a couple of years ago.
It's good to see corrections like this, It'll allow more retail and institutions to come and invest in crypto.
Nothing is wrong If Bitcoin doesn't make ATH by the end of this year. Nevertheless, the current price cycle is all normal.

I would guess that all the people who are making a big fuss over bitcoin becoming worse due to the fall is the people who would like to accumulate more from the cheap prices. I have to say it wasn't really that shocking to have a situation where price drops could be beneficial if you end up buying at those levels, or if you are a long term holder you will just simply ignore it.

Only people who should be worried are the people who think they are missing out on a great price point to enter bitcoin or any other crypto right now, otherwise I am 99% sure that everyone knows it will recover. Maybe it will recover in a day, maybe it will take a year but we all know it will recover, and that is good enough for us.

We should know and be aware off that current ATH's didnt really happen on month of December. Why people do always keep on telling about last months of the year? For sure it would really be changed again once we do able to fail on having significant movement on month
of December on last year.Those impressions would really be changed and we would really be hoping orwaiting on mid year for sure.
It is just we cant really forget into those events that happened that give out that unforgetabble moments.

^^ It's because if you look at the historical past, December seems to be a good month to se the price spiking at a high levels.

And that's why everyone is expecting a good pump in 2021, after all there is a prediction that we will hit at least $100,000 at the end of the year.

But expectations and reality are different, we barely hits $50,000 this December so it's hard to see that 6 digits in 2021. But it's not over yet, we still have next year so try and see if the predictions will come true or not.

Omicron or any future variants won't have any impact on the crypto market. Just looked at almost 2 weeks' performance since you posted this.

The recent dip has nothing to do with the Omicron variant where the world is already ready and prepared. Back in the peak of Covid-19 last year, where all are unaware and don't have any idea how to battle the virus, the crypto market is become the only performing industry better than any other major industry. Major assets and commodities are all down kissing their respective bottom floor but crypto, especially Bitcoin even established an All-Time high since then.

That proves that whatever variant will appear in the near future as medical experts say, the virus is mutating, Bitcoin won't be affected much.

The month of December started off with a bad mood in the crypto market, the price of bitcoin experienced a very sharp decline after setting a new ATH record at the level of $67k. Therefore, towards the end of 2021, bitcoin is difficult to reach its target price of $100,000.

Yes, in 2022 we are expecting the bitcoin price to make more new all-time highs. if we look back at this year 2021 we witnessed the bitcoin price making several new all-time highs and we hope to see more in the future because the bitcoin bull market is not yet over. if the bitcoin price can manage to do at least 4x before the end of 2022 we will see bitcoin price at $200,000+ which is going to be a very good year for bitcoin if that happened indeed!

in this year Bitcoin has reached new ATH twice and after reaching ATH the price of Bitcoin is not corrected too deep so I always think about 100k price prediction for Bitcoin is not just a dream.
currently bearish market is happening I believe this will not last long as it has happened in the past the market will always recover. hopefully early next year we will again see a new ATH for Bitcoin.

I am not sure about 4x at all, I am not saying that it can't do that, of course it could reach 200k and even more because there is technically no limit to what bitcoin could become, and 200k is not really that impossible, it is a simple 4x and in bitcoin world that is not a lot.

I am only saying, bitcoin first needs to reach 100k and that seems like a tough challenge all by itself, I am not sure how easy that will be, maybe we will need a full on year to just pass 100k and stay above that, which is the hardest part. We could always do 200k+ and more after 2022 ends, we just need to calm down and hope for the best and break the ATH we have right now and stay above 100k by the time new year ends.

bitcoin prices are not always in a bullish phase, sometimes bitcoin prices are also in a bearish phase because this is part of the bitcoin price cycle. bitcoin has been in a bullish phase since early 2021 and entered a bearish phase in the middle of the year, not long after that bitcoin price recovered and bitcoin was in a bullish phase again. I think it's only natural that before the end of the year bitcoin begins to enter a bearish phase again, I just hope the bitcoin price recovers quickly like in the middle of 2021.

It's really usual to see that some people don't like the bear trend where in fact it's a good opportunity to get a much lower price. They didn't realize that without a bear trend, it's no choice but to buy at a much higher price.

There are also people that are worried about the bearish trend without realizing how much growth bitcoin did since the bullish trend started.

If they can't stand the $1,000 price dip, they don't qualify for its moon price. Well, kidding.

No, you should not be kidding. In fact, these bear weeks are necessary for those exact same people, those who are not deserving of Bitcoin's moon price. If you cannot hodl Bitcoin in the face of a thousand dollar red candle, how could you be deserving of Bitcoin's $5,000-long green candle?

That is why I admire the bull-bear cycles because they shake the undeserving off from the community. If they continue to hodl in the bear days, they pass the test. If they sell, they fail and will learn lessons and perhaps regret and will try again next time. That means they will buy Bitcoin at a higher price.