Bitcoin Forum

A new all-time high record has been hit, with Bitcoin surpassing $66.000. An outstanding performance which was a result of the announcement of Bitcoin ETF approval, which I've yet to understand what exactly it is.

Definition according to https://mg.co.za/

"An Exchange Traded Fund or ETF is a type of investment fund that tracks the price of another asset or basket of assets and can be traded on an exchange. If that still sounds like finance nerd language to you, that’s because it is."


https://mg.co.za/special-reports/2021-10-19-a-bitcoin-etf-what-does-it-all-mean/

Anyway, it was something quite unexpected and didn't actually believe that we'll see a new record by at least December. Let time do the work.

The most exciting time of this year and waiting to see that a long time. Bitcoin is already proven that it has that potential for creating history again. Hope it will break soon again and another ATH will be recorded. Expecting more in near future.

What a great day for all Bitcoiners and most especially for those who have hodl-ed for so long.Yesterday at 64.000 dollars I withdrew about 7000 dollars and this was almost 0.11 Bitcoin,a really low value in Bitcoin but great in US dollars.This is without a doubt the prelude to 100.000 dollars for a Bitcoin,it looks like a magnet is pulling Bitcoin toward that number and there is no one which can stop that.I am super excited that I am living in this time,the oppression from our bosses is coming to an end soon hopefully ;).

The new ATH was just a matter of time these days, and we’ll probably need to update the figure over the coming hours/days (or not …).

Bitfinex currently makes it 66.232 $, and Coinmarketcap 66.208,88 $.

https://data.bitcoinity.org/markets/price/1h/USD?c=e&r=minute&t=l (rounded numbers)

Exmo seems unreliable as a reference, and is an outlier vs the remaining listed exchanges in the above chart.

Edit: 66.9K$ now ..

It's nice to see such a scene where you won't really know that it will gonna happen again especially when it was only more than $40k+ last few weeks and now it's making another ATH where it has never stopped yet and potentially could go even higher than this. I think just by the end of this month, we will see A max ATH again or a higher price that would make it stable at the top about $70k to $80k+.

Yes expecting more from it. It's really surprising and the price is satisfactory now. It's beyond my expectations few days back. But finally it happened very soon and this is the real game and we must say that Bitcoin has the potential. This thread should be needed to update within few hours again hopefully 😃

Yes, yes, yes ;D

Finally, bitcoin has a new ATH after waiting for some months. It shows to us that bitcoin getting stronger and will be more than that in the future. It is just another beginning from bitcoin to show many people that bitcoin is the best investment for them.

Hopefully, this month will bring another new ATH after $66k and will still increase higher. I am sure many of us are waiting for this moment and will wait for the next biggest thing to happen to bitcoin.

Remember that since Exmo's listed price is much higher than the other exchanges, maybe the huge price boom today was from arbitrage traders selling Bitcoins on Exmo and buying them on one of the other exchanges. I noticed that BTC did go up by $5000 at around 3:00 PM +3, so that's a plausible cause.

At any rate, I feel like there is a correction for that amount incoming within the next several hours.

Good thing is the price is still increasing and now we are at $66750 based on the preev result.

Out of curiosity $100K is still possible?

How many of you guys are expecting to reach the huge milestone of 100K by this year itself. :)

No doubt for me, bitcoin will reach that amount and it could be next year. This was already an anticipated event.
I can't imagine that bitcoin was surpassed the previous within a year months only. As we remember bitcoin previous this year and I think was in July and now at the beginning of the last quarter, we break the previous ATH.

I think the reason is that we have a lot of good news that happens and one of that is in ETF approval.

I am very happy this time because just a few months ago bitcoin was at $30k and it has recovered fully and now breaking the ATH.
This is more than 100% gains in just a 3 months. I am really happy because bitcoin has recovered from the correction very quickly this time.
Currently its at $67k and I don't think it will settle here. In the next few days we might see it crossing $70k as well.
The target of $100k by December also seems achievable to me.

Great, this is great news BTC has reached a new ATH of 66k, this is the expectation of many investors and I believe BTC will continue to make new ATH in the near future. Today is the day I'm glad I've been holding BTC for a while, now it's time to enjoy my waiting and patience. I believe BTC will reach 100k$ value soon in the near future.

Watch out the price movement, don't be lulled about the price chart moving higher in a long run. Usually after a long rally to the top, the price sometimes trapped the investors who are too sure about their decision and the whale started to take profits by selling bags of bitcoin and the price continue to drop.
There will be always correction before the price going higher, let alone going to 100k. Make sure to place a stop loss if we save our btc in an exchange

Or <$30k a few months after that. So waking up, in whatever timezone you are and seeing a new all time high? Priceless. I just show my wife the current price and she was shock to see that we hit a new all time high. So we are still on track of the 6 digits target this December. And probably if we hit $70k this month, the FOMO will spill till November when we have another big news that is coming - Taproot rolling out. So everything is good right at this point and next month.

The ETF just made a small push if we take into account everything that has happened in the past 1+ years, and I'm just curious at what point ordinary people will understand what it's really about - futures are just futures, it's not the ETF we actually hoped. The media is selling this news very well, similar to what they did at the end of 2017.


It was only a matter of time, all summer we talk about Q4 as a period in which the price will explode because so far it has always happened in the year after halving. Now we can only speculate how high this rocket can take off, and it seems to me that it has quite a bit of fuel and time for one long flight at least to the Moon, and maybe even further.

Almost reached $67,000, was only a few dollars sort, $66,940 to be exactly, according to CoinMarketCap. However, I didn't expect such a significant rise, at least not yet. I was positive that the new all-time high would soon occur, but I'd predict somewhere close to end of December, right before Christmas holidays, towards the end of the year.

No, it is a highly expected one. Because in all the bull runs of bitcoin market, October month must be more exciting with strong bullish actions and this year is not an exception for that. I believe that we are not going to stop at the any nearby price levels but we are going to leap beyond $100k levels with this current bullish wave itself. There could be some short term pull backs but definitely no room for any more 50% kind of corrections until end of this year. So, get ready to have another new ATH for everyday here after until end of this year.

it may further increase as more crypto related ETFs may be approved in the next coming months. but expect that there may be a slight dump because some will sell their assets because they are already in profit. but i don't think it will go down much.
so high likely there will be newcomers again as they see that the price of btc is rising again. they should know the risks involved. we can't always expect the continuous rise in the market. at some point, it will decline a lil bit. more adoption is coming...

As expected after breaking its previous ATH and I see the price to continue to pump until $70k before we see another correction or we might not see one. ETF is on perfect timing and many investors are into it already, I’m confident and bullish that bitcoin can still hit $100k before the year end.

Yeah, surprisingly the ATH got in. I've thought of those graphical charts tha I've seen that when the first gold ETF has been approved, its market cap has increased.
And now, I'm thinking about the same with bitcoin. Since it's first ETF has been approved, we're likely to see its market cap increase as well.

Bitcoin price has even improved the record to $66.9k today. It was a really special moment that we witnessed a new all time high level after a very long time. We are not even having a bull run now but still it managed to break a record. It is really great to see. And if we have a bull market in the coming months, it would be quite possible to see the price at $100k at least in the near future.

This is not surprising after hearing that ETF news because we all know, we’ve been waiting for so long for the good ETF approval from a well know company and now its happening.

$70k are more possible to reach now. We’ve seen two bull market this year, hopefully not end this year on a big correction for now, let’s see what’s the peak price and invest wisely.

It's a bit possible in december bitcoin can reach 100k because we haven't passed Nov and Dec there is still time and bitcoin is still in a positive trend.
Surely a new record will be reached again towards the end of the year, considering that in the previous time at the price of $30k it was indeed a very short time bitcoin could reach where the trend occurred and this is a good return of around 50% I hope all this can be held for a long time at the current price .
Actually I still have a few glances at altcoins and this is going to be a very pumping altcoin season, will this happen again just like bitcoin?

Many wants to see this great bull market again and now we’re here so the next goal is to hit $70k price and of course our real goal for this year is to reach $100k and it possible to happen this year. Happy for everyone who bought at the bottom and to those who are holding until now. You can now take profit or at least, wait for a more peak.

We knew that was coming, there was simply too much hype surrounding bitcoin and the approval of the ETF that I thought that if all of that money was coming to bitcoin it was because they already knew an approval was imminent, I am glad that it had finally happened and now most likely 70k will become the next target for bitcoin to reach during the next days, personally I do not think it will take long for that to happen as the sentiment in the markets should be incredibly bullish right now.

Quarter 4 is where the action is going to be, anyone following PlanB will be
expecting at least $135,000 this year.

Threads like this one will be popping up every week as we hit nATH's and with them
there comes a new buzz around the Bitcoin space.

Dont anticipate much because we dont know if it would able to break 70k or we would really be just staying up on this level and support for long period of time but i cant really deny that if these positive sentiments and events do circles around for a while then we might really be seeing those 10k increments of all time high levels which i hadnt anticipate that it will happen on this year.

For now im not really making myself get too excited but its good to see on this kind of gains in a short span of time an luckily i did able to buy up bitcoin when it dipped on 30K+ which is really worth the wait.

For now lets see on what would happen next neither there would be some sort of correction or we would be moving sideways.

If it is a great record because $ 66k is only the starting point for the first target that many have expected at $ 100k, if this happens it is great, very possible this year, in the short term things look like this:

https://i.imgur.com/xKGKgvL.png
Source: https://cointelegraph.com/news/price-analysis-10-20-btc-eth-bnb-ada-xrp-sol-dot-doge-luna-uni (https://cointelegraph.com/news/price-analysis-10-20-btc-eth-bnb-ada-xrp-sol-dot-doge-luna-uni)

There is a possibility that it can reach $ 75k is a pretty good target and possible to reach, at this moment it is for $ 645.9k, it is just a matter of waiting.

Yeah, all eyes are on the S2F modelling prediction by PlanB.

Just imagine if it hits the target on December, not sure what the critics are going to say about it because as much as we love S2F, there's a lot of bashers as well.

Anyhow, good to see that we have a new all time high and there's a possibility that we can get higher this month alone. The prediction is $63k++ this month, then $80k++ and then $100k++ in December. It looks like it exceeds the expectations.

Well thanks for this info about ETF I think btc will reach 80 to 90k$ this year because of so many new bullish news that makes btc price rise. This new development about ETF approval will surely give a huge effect on the price in a long run so let us wait and see another new ATH in the next few months from now for good.

On the contrary, I see that it was completely expected for me and for many as well, many analysts and even ordinary traders were expecting Bitcoin to reach a new peak within a period of months only, more than that I expect it to exceed this peak and reach up to 100K$ by the end of the year, of course this The words of some analysts I trust and I believe because I believe that Bitcoin is unstoppable.

Just a small dip after reaching a new all time high, but nothing to worry though, we understand some traders and speculators selling to get their short profits from the current surge in price due to the Bitcoin ETF news.

And it's just a matter of prediction what will be the price at the end of this month because we still have a full week, maybe $70k is a conservative price at the end of October.

All predictions that I can recall give at least that price for this cycle, and some quite a bit more. Now the price has stalled, but let's remember that the price can turn parabolic in a short time. Let's look at the 2017 chart, for example, when as of hourly came the steepest rise. Everything points to the fact that this end of the year is going to be similar to what happened in previous cycles.

It was not really unexpected to me. Bitcoin was probably meant to break the ATH in Uptober. S2F, which has been pretty pretty accurate in its predictions for the past many months, has Bitcoin at more than $63,000 in October and more than $98,000 in November. With this, I was assuming that the ATH which was only around $64,000 could easily be broken within October.

These are the best of times so far but there's going to be much better days ahead still with December probably giving us all a perfect Christmas gift of Bitcoin hitting $135,000.

It has a lot of similarities to the 2013 and that's where most of the predictions are lining their graph on.

So if the pattern repeat itself, most likely the price could really be in the $130,000-$180,000 conservative estimates.

Let's see if that is the price that we are looking for in December then we need to double what we have right now. Trillions of money need to pour in the market in the next two months.

The issue now is scary how similar it is to 2013. Pretty much peaked in April, had a low in July and started to rally in Oct. Almost to the exact week.

This is not a good thing because what are the chances it going to peak exactly in the last week of November? Too many people will use that as a signal and sell whatever the price will be at the end of November thinking history is going to repeat itself.

Finally, the price broke the previous ATH and made a new ATH which we want.
It seems that the price now is stable at $65k-$66k but I am sure that sooner or later, the price will start another rally to the next ATH and I hope that will be the time for bitcoin price to increase to $70k.
If some good news about bitcoin can release, that can give bitcoin more support that can lift the price to soar to the high price and attract more investors to invest in bitcoin before the price reaches the $100k.
But still, reaching $100k is a big mystery because we do not know if that will happen before the end of this year or in the next year.

The price of bitcoin is almost volatile in the market every investor is very happy and hopeful to see such a position of the market and will build a new ATH from the current price and go to a higher position. Such positions of Bitcoin reach more than 100k which will make them the all time record.

Currently the market is very volatile and it's hard to say how long we can go by the end of the year.
With the current volatility we can't even predict the approximate price for the end of this month.
Even if the previous cycles repeat, we will be able to spot it out this time since most of the people are expecting this cycle.
May be we can secure our profits just when the prices start to fall. But again, nothing can be predicted accurately.

bitcoin fell back at $63k in a few hours, this is a very volatile market. bitcoin fell by $ 3k and slightly made investors panic sell for fear the market will continue to correct. but it's only momentary and will surely return to normal bitcoin price. because bitcoin includes a fast recovery phase.

That's definitely true, myself too also believes what you've mentioned, I'm a little reserved when it comes to price predictions, since they are pretty much unexpected. I'm positive that there will be some sort of resistance within the price range of $60,000-$64,000, for quite some time, before a new all-time high record can be surpassed.

Possible to see correction after new ATH has been experienced,

Knowing those players inside this market, they will now try to create something that will force newcomers or weak holders to sell out with losses,

the kind of strategy that allows those wise investors to keep getting decent profits from this market. We need to be wiser now and learn how

to balance, anticipating to see another fall that may be touched below $60K before hyping again to reach new time high.

I am negative about those resistance levels because we may see bitcoin markets to be trading above $70k levels over the night as FOMO got all the power to break and keep going against all such resistance levels. I read many institutions started planning and working to have bitcoin in their portfolio before any second country to be announcing and adopting bitcoin as their legal tender.

I remain too bullish as we near end of October hence we may experience a new ATH almost everyday. A short term pull back may happen around next major resistance levels but I am not seeing anything such before we are getting into $95 to $99k levels.

While this is quite likely, we can already observe a small correction taking place, which isn't strange at all. It has currently fallen at $63,000. I'm positive that further advances regarding its price will be made, but let's not jump into conclusions yet. There's a bright future ahead of us, but patience is needed.

There's a reason for them to position themselves as when a certain country announce they'll legalize and consider bitcoin as a legal tender, we know that would result in a huge adoption, and of course, as an impact, the price will rise, and once the news spread it might also cause a bullish market movement.

Small countries who are struggling economically doesn't need the help of big countries to survive, they'll just have to open opportunity for crypto to enter and they'll benefit from it, it's not an experiment that they are uncertain with the outcome because some country had already tried it.

It was a special moment for me to see Bitcoin price breaking a new record after a long period of time. We saw the price at nearly 67k dollars a few days ago. Maybe it is around 62k dollars now but I expect another increase after this price correction ends. Bitcoin is capable of doing much more than this. Maybe we won't see 100k dollars this year but we should be able to see over 70k dollars.

The new ATH is 66,930 as well, 70 bucks short of 67k. That is very important, a 5% increase would have made it 70k and that is what we are trying to reach here, just a 5-6% increase which we all know is very possible and very quick in crypto world if it happens. I believe after 70k things will be different, we are going to reach to a new level where the price will basically skyrocket to 80k+ like 70k never even happened.

Hopefully we will get to see something that is a lot easier, we need to realize that we should be basically pushing hard for a while so that we wouldn't have to push that hard, beyond reaching that resistance level is easy and would make things easier.

Somehow a good sight to see for certain individuals who think about buying but they doubt about the stand of bitcoin at the moment, But anyways as the new ATH has been break and also the year doesn't end yet so maybe we can provably see another ATH price breakthrough so guess this is another wait for us then speculates about on when $70k will surpass since if that happen we can possibly a 6 digits figure maybe or december or next year so hopefully no breakout will happen or other fuds that can make this bullish streak collapsed.

The market cannot guarantee that there won't be any incoming negative news in the market that it won't affect the bullish season. It will be inevitable as it usually happens whenever a new ATH is set to achieved. But meanwhile, let's keep going and enjoy the ride while bitcoin price at the moment is very bullish. I think by the end of december, we will witness a new price at $75k-$80k. This would be very possible if there won't be any market crash that would drop down the value of bitcoin. But no worries if it ever happens, bitcoin will always regain its value after the crash is over.

The price correction is somewhat possible and it hits the market anytime plus the volatility of the market made the price remain unpredictable. But this will never stop people to think that Bitcoin price will remain bullish.

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We've seen now that the price is moving down slowly, kinda be the end of ATH? I'm not being negative nor thinking it bad but can't just set aside the possibility of a huge crash. Well, I guess, many were selling their Bitcoin once hitting the new ATH causing this fallback. I hope there is no panic selling will occur and so it won't bring the price to drop more.

It fell to $62k as I've seen it.

It's always been volatile and that's why when we see it pop and go up, I'm always expecting it to correct afterward. But that's normal and we'll see it again to pump.

Coming from under $60k, the price can be said to still be in a good run. People who are worrying about it have to take their profits so that they won't worry if it falls a bit.

Many people are jubilating that bitcoin has recovered expensively, actually three to two months ago bitcoin price is not up to the current values now, but the problem is that we all know that the possibility for it to reverse is there, okay, do we remember that it's price has reach sixty thousand (60k) before and now it has hit sixty six thousand (66k) and within a short time it dropped to sixty three thousand (63) which is the stage it's now, the values of bitcoin is not called for a celebration now, from my initiative.

On my own i know that bitcoin will be appreciate or get accelerated more than these value currently, let us just assumed that before December bitcoin will be strong for any step or price  it landed to, likewise before, because i could remember 2019, bitcoin the price of was a little bit constant and it was not decreasing below ten thousand (10k) which is the initial values, so that's how the value will stick to an extent before we shall call for jubilation. Already many people is Happy because of it's movement.

I'm really impressed to see this height of all cryptocurrencies this period, because it's very obvious that bitcoin is increases with alternative coins, since the increment in value, other coins started appreciating and that means without bitcoin get accelerated other coins can't move on their own.

I think that's just normal though, I mean if there is no negative news, then the market will somewhat be dried. So in a sense, they are definitely good short term, prices goes down because of FUD and then we can enter the dip.

But so far we haven't heard any, that's why the market continue to spike up and even hit a new all time high 2 days ago. Just some minor dip though, the last all time high becomes the support levels now, so that is good. And hopefully by December we will hit that $100k, the price were everyone is waiting for because it will be a milestone.

That's a normal market reaction. When an investor sees an opportunity to sell (especially during the arrival of the new ATH) they would always sell. The short pullback was caused by the short sellers, thinking Bitcoin's current bullrun has peaked. That's always gonna be the assumption everytime Bitcoin hits new ATH.
Now, there's nothing new about people celebrating the Bitcoin bullrun, I mean who doesn't want to see an expensive Bitcoin price after how many years of holding. Corrections are always there, Bitcoin will still experience a lot of ups and downs before it hits the 6 digit figure like everybody is anticipating.

I must say that the current price will create good celebration on the people who have been holding bitcoin for quite a long time, but for those who have just bought bitcoin when it was just $50k-$60k, they are still looking forward for another price increase until it reaches its new ATH. And as expected, when others tend to sell, the market will surely react on it and might pull the price down. But this is absolutely normal for a volatile market. Hopefully, by the end of the year, we will all be rejoicing seeing more digits for bitcoin price.

After that price hit another historical ATH many people sell since some of them got enough profits that's why we can see this happening right now and its good not to panic for the current movement since there are some few people starting to get panic when the price drop. People should know that this is normal and still a good price to be celebrated since once those people who sell their bitcoins at the top for sure will accumulate again at the dip so its good not to miss the train again so we must take position when the market is on red market days.

Bitcoin touches $62k for a while, but it bounces up to $63k as we see. It is a correction, but we hope it will not drop to under $60k because bitcoin is now in a good position to lift the price and make another new ATH. If they can use the moment to take their profits, they will be able to buy back bitcoin again when the price is getting correction like now. That can be a way to accumulate more bitcoin to sell it to the next high price.

Well, why are you guys so disappointed and dejected about the BTC correction from $67k to $63k? The original pump to $67k was temporary as everyone saw how it was on time with Russia's news about acquiring digital assets to reduce US dollar dependence. Of course, it going to have a strong push to BTC and crypto market since you know how popular crypto is in Russia and CIS. Heck, the Russian oligarch might buy a lot of cryptos when the news broke out.

I said it was temporary but see, this correction is actually good for BTC because now, there were oligarch whales behind crypto meaning you can expect a strong hand with a shitload of wealth in the game. I love Russia and have nothing against that beautiful country but you see, the ruble is quite rubbish so also expect the average Russian transfer some of his wealth/income into crypto without any fear. All good things so yeah this is only temporary and in the long run, will bound back. Cheer up.

This is the reason why we need to prepare for something worse since we already experience a huge downfall before and its good to became more cautious about this things since its hard to bag hold. But I doubt that the same scenario like a huge price drop before will happen at this time since compare before and know bitcoin before is not so popular but for now we know that the word about it is spreading across the globe and those information's are converted to demand.

Base on Coingecko, the highest price that is recorded is $67,276.79 and $66,930.39 on Coinmarketcap so we can say that it reaches the $67,000 price range.
Unfortunately days after its peak, it went down to consolidate a bit and now it is at the $63,000 price range and I think that this is understandable knowing that Bitcoin just passed its previous ATH, many sold out their holdings as well.

Am I glad that Bitcoin did the move? Kinda but not that much because I'd be happier if Bitcoin will reach $100,000 at some time next year :). Well, congrats to those who bought their Bitcoins at the $30,000 price range. Congrats for those who took the risk of buying near to that price because they've double their money just by holding BTC.

Yes, actually the current correction should be used to make purchases and increase holdings for higher future profits, because if we expect the bitcoin price to drop below 60k to make a buy, it's unlikely.
and I think the current correction will not last long and in a few days it will gradually rise again until it reaches even higher ATH.

I mostly gather data from CoinMarketCap, hadn't noticed that Bitcoin had surpassed $67,000 on CoinGecko, however, I couldn't find on which exchange it was. Anyway, needless to say, the difference between them is quite insignificant. I wish I'd bought during the dip, a few months ago, but generally have a pretty good feeling about the future of Bitcoin for 2022.

it's what i sense, but, nevertheless the price of bitcoin is fluctuating and the base never yet stick to a particular motion, even at now the price have decreased compared to before, initially it's was approximately sixty three thousand (63k) but right now is sixty one thousand (61k) and no one knows what will actually happen to it's price regulations in next twenty four (24) hours, so sum all these all it's not worthy to celebrate or jubilation about irrespective the profit people that hold it earlier before now.

It's a must to have a good backup plan. Even it breaks new time record the chance to drop back is anticipated.

Currently, the price is dipping, and those who were able to buy before the new ATH happens are now cashing out to secure their profits.

it should be realized that past markets are mostly repeating itself, learn and enjoy your stay with a good benefits from your investment.

Traders should be more realistic when dealing with this business.

Stop loss works exactly like this. Did you buy at 50k? Put a stop loss at 60k, that way you will be in profit even if it falls low. There is really no way to get out of a trade without a small loss when it goes down, but you could at least limit it to the loss you would make it a loss from profit instead of overall loss. That is what I have been doing and it never really hit the price that I believe it would fall, and I have been in profit for a long time now, over a year. Sure the increases will have a downfall eventually, every increase has a fall like that and will always have one, but the fact that you could predict it and put a stop loss beforehand means you get to stay away from the bottom.

Very happy that the price of bitcoin reached new ATH again after 6 months of waiting, we got a price of $66800 and I'm sure new ATH will happen again this year, this is because many millionaires of the world are getting into cryptocurrencies and one person most often is Elon Musk who is now become the world's richest man.

Yes, it will drop but I do not think the price will go far from the last ATH. Maybe it will happen in the next year after the highest price is hit or the last ATH from this halving happen and that is what we already saw in the previous years. Right now, we should prepare ourselves for the next thing that will happen and who knows, that next thing is the next ATH that may happen before the end of this year.

It is our chance to buy more bitcoin at this current price because we do not know if we will face this time again in the next weeks or months. Maybe we can split our funds into many order buy to anticipate if the price is still down to buy at various lower prices. Hopefully, the next week will be another good time for bitcoin to have another rally and if that happens, maybe we will see the bitcoin price hit $70k-$72k.

Bitcoin attained its All Time Hight not once but twice in just a year and there still two months left before this year ends, I think bitcoin will going to attain another ATH before the year ends. Every investors and traders of bitcoin have had a contribution to the skyrocket of the bitcoin's price and not just only because many of the millionaire are getting into cryptocurrencies though at some point those people have had a great contribution too. Every one are very optimistic that bitcoin will going to be $100k its ATH but expected from time to time the unexpected price correction.

in this year Bitcoin has reached 2 times its highest price which is only a few months apart it is very extraordinary, it is very possible that we will again see a new high price of Bitcoin in the near future and speculation of many people about the price of bitcoin which will reach 100k may be happening soon.

Lol, I thought you made a mistake, but yeah, it's been 6 months and now the ride was not very good, the road is bumpy and yet we still survived and make it to a new all time high. I will just stop you with the Elon Musk narrative on bitcoin, I mean we still remember him using the argument that bitcoin is not eco friendly and harming the environment because of it's electricity consumption. So I will stir away from this guy, and I will attribute everything to retail investors like the majority of us and not to whales or to any influencer.

More precisely, millionaires and billionaires are no longer shy about revealing their identities and hiding their activities with bitcoin, this era has been a whole new era for crypto as the government has gently opened the light as well as certain test of the opportunities of crypto and bitcoin in the future, the most recent record is only the first harvest. The next few months will be more of what our community looks forward to, except for big members like Elon Musk, large special funds in the United States are showing a lot of potential for bitcoin and opening up investment funds backing it.

We will get there it is just a matter of time until this happens, however I will say that I am a little surprised by the setback, I really thought October will be all positive and the price will at least maintain itself before we made an attack to the 100k level, but it seems that things are not going to be as easy as I thought, but it does not matter, we know that it is just a matter of time before bitcoin begins to go up again and I plan to to be there and be part of history when bitcoin finally breaks 6 figures for the first time ever.

That's true indeed, I also find it extremely likely that another all-time high is possible, I'd expect another one towards the end of the year. On the other hand, its price is steadily over $60,000, but I'm not quite sure if it's going to sustain, we're currently seeing a downward trend, fighting to stay over $60k.

currently the price of bitcoin is at $63K, meaning there is a decrease from the ATH that formed on October 20, 2021 yesterday, which bitcoin has done. This pattern always occurs in bitcoin, where after reaching renewable ATH it immediately drops back quickly, but this seems to be done to take a new leap to create renewable ATH again, which is normal and there is no need to worry too much.
because bitcoin is currently in the stage to continue to increase.

what you would expect for bitcoin to be as high as $100K, looks like it will happen by the end of this year and no need to wait until the year changes. it is possible that if there is no correction at the beginning of the year, it is not impossible that bitcoin will surprise by creating a fairly high renewable ATH.

obviously happy is when they buy it in the $30K price range which is now a great value, but don't sell it right away because there's still time to improve. For those who have capital even now, if you want to buy, there is no need to hesitate, to do so because it will definitely increase.

this is the advantage that bitcoin has, it always surprises even though many believe there will continue to be an increasing movement at the end of October, but still in the last week of October it still had time to fall. remember bitcoin can move up and down in a day with a high value, so no need to worry about that.

$100K will be able to be done by bitcoin not next year, I'm optimistic if you look at the graph that november will be able to be done even if it misses it will happen in december. because the prediction is that by the end of this year there will be an increase, looking at bitcoin's past movements in 2013 and 2017.
we hope and always will be there with bitcoin at the right time. hopefully many will be happy with the increase in bitcoin which will be accompanied by all altcoins.

not all investors have a deep thought in investing in bitcoin and not all investors invest in the long term, of course they take opportunities when there is an opportunity, usually they sell assets when prices start to soar and wait for time to invest again when prices start to hold. so this is a strategy they invest in and naturally the market fluctuates frequently.

I think this is normal and usually after a correction the price of bitcoin will reach a higher point. currently the bitcoin price has gone up again and this might be an early indication that the bitcoin price will experience a positive trend again and will break through $67k.

It can be a good indication that with this strong upwards movement, new ATH may reached again.

It's showing that there are more pressures to push the price and make another market run, corrections though really affecting the sentiments

because there are day traders who knows how to play with this current situation, they are the gainers who keep on rinsing this business.

Placing your investment now should always have a good sets of back up plan in case that you've mistakenly anticipate the market.

Personally I was also quite surprised. I was expecting more of a CME/Bakkt style crash back to the accumulation zone around $30-40K, so that the larger institutions could position themselves properly. But so far the attempt to short proshares on day 1 ended up with bears getting rekt, and the end of the week didn't really achieve much shorting pressure either, more indecision rather than anything else. It seems that whether ETF or futures, they have finally learnt to accept that retail volume is higher and more in control of price (as are the crypto whales). That ultimately it can't just be shorted to 0 because price is at ATH.

Moving back above new ATH will create a lot of demand for proshares imo, as it will be the confirmation that the uptrend is continuing, and no futures or etf can manipulate otherwise. At least not now. After all, if institutions can push prices lower to make their profits, they will have to push it higher instead. This next leg of the bull market could be led by the likes of bakkt and proshares it seems.

Its barely pulled back in the wider picture, just the first fib level was where we got to.  No greater test below that occurred though it would have been reasonable.  The rise over the last 24hr was above the 12hr average (https://talkimg.com/images/2023/06/12/AYkmC.png) almost the whole time, very fast action and we got to say BTC remains bullish showing no real signs of negative action only a slow after climbing consistently.
   Positive outlook remains while we maintain above 62.5k which is the weekly average.  If we were to fall especially I think we get some repeated warnings on that but cant conclude that from current action.

Normal and that's the reality, and sometimes we are surprised, also indeed in fact after touching a new ATH, it will not be far from that. What is clear is that Bitcoin is not finished with its great side, there are still many opportunities ahead to touch new ATH. Prepare ourselves for a shining hope surrounded by better news.

and Now it looks like getting harder to get out from 62-63k value .

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

Wondering if we can see at least 70k within october?

____________________________________________________________

I missed to exit at 66k but i don't feel regretting because i believe that we have another climb coming .,

We should prepare for the next thing that will happen to bitcoin because the new ATH last week can trigger bitcoin to increase and lift the price to the next new ATH in the next months as bitcoin still have 2 months before the end of this year. So many things can happen to bitcoin and hopefully, we will see the new ATH at the highest price and maybe that can break to $70k-$80k.

This correction is already done as we see the price increase from $60k to $63k but we still hard predict if the price will increase or get another correction.

We're barely in the $62.5 levels, but this is still good in my opinion. If we can maintain or at least push the price to $63k at the end of the month, it's still a good indication that we can still continue this bull run in the next two months.

So there's no slowing down, maybe just some minor pull back and correction and then we will continue to march on in December for that 6 digits.

And surprisingly again, the price dip to $60k from $62,500 in just matter of hours. Not sure what the cause, but it seems some speculators are shifting again to some altcoins to squeeze some profits.

But yet, I would say that we are still very much bullish although the price goes down again. And as we are nearing the end of the month, we might be going on the $60k-$62k side ways pattern. It's not that bad after hitting a new all time high. November will still be a good month for all of us.

According to the predictions of many experts that october is a warm-up for the market to skyrocket in december, and it is proven that new ATH $68k can be achieved a few days ago, although it had dropped but now the market is back to the level of $60 up and i'm sure the positive trend will continue in the year this until the price can reach at least $90k.

The price of 100k which is widely predicted will not be long before we can see it, I hope.
I also think that October is the start of a good move with a positive trend that will continue until December. I see this year as it did in 4 years ago it is very likely to be able to see the bull market at the end and the beginning of the year.

I believe there are some price corrections going on as well. Meaning there are some people who are taking profit and leaving, maybe they will come back soon, maybe later, maybe never. Whenever price goes up, we end up seeing stuff that is similar to this, we end up seeing people end up selling some coins to make a profit.

Obviously you could wait and make more profit, but I also understand people who bought early on when it was high price, and then ended up waiting for months to see the price doing badly, then as soon as it hits the profit mark for them, they end up selling it. This definitely happens during ATH price periods mainly, because many people want to get out when they are there and see the crash once.

We arent really that too far off with this speculated price or possible ATH in the future because we are just almost or half past through there.
We do all need is some sort of positive catalyst which would really make the price kicks in into those levels but lets not really be that too
positive or anticipate that much because we wouldnt know on what would happen in next days or months or years to come on this market.
Thing here is that you do know on how to play the game or this investment.

You spoke to soon as the price had a good bounce to $62k++ after two days. So maybe as you have speculated, the altcoin investors goes back to bitcoin again after getting profits to some meme coins.


In November we still have Taproot, so that alone will be enough catalyst to move forward with the bullish sentiments. Nearing end of the month, price pegged at $62k, that's is very good enough for everyone. S2F points that this month will be around $63k so that's around the target.

I doubt Taproot will be the major driving force for the next two months but i am expecting some sort of ETF approval or something like that gimmick so that the price would rally and the reason is that no one cares or thinks about the technical aspect of Bitcoin who are investing in it, all they want is hype and some big news splash so that the institutional investors will pump them  :D.

We've seen these ETF and it really push the price, but after that the trading volume goes down hard and so is the price. And we have been reaching new ATH without these ETF's so I guess this is just another hype in the market. And it really looks like artificial pump.

As compare to Taproot proposal which is real solid in my opinion. Remember when we have Segwit in November 2017? It was also a catalyst for the massive bull run down in December. So I think we will have the same effect if history repeats itself again.

Where did you get that 68k USD ATH? do you have your own Market analyzation ? the recent Run is 66k and not 68k .
90 from what? do you adding amount for that 90k to achieve ? if not then don't expect that much and you are not investing any amount to bring the climb in reality.

Some country's premium prices are like that hence it is possible for bitcoin to be trading around $68k levels too.
Right now, my local exchange is showing $62.2k whereas preev rate is only $61.4k.

Please better recall the times of activation of segwit by 2017 August. Yeah, this Taproot event is not that much impactful event in bitcoin ecosystem still I guess it is scheduled in the following year of 3rd halving for some reason. So, there are enough possibilities to experience the full swing of current bull rally after that upgrade, who knows?

Listing of bitcoin ETF in live market must be another big event to trigger FOMO among crypto community. So, we are really have enough agenda on the cart to have bulls busier. Let's hope for better days to arrive so that we may land into $400k levels before bears wake up.

The Bull market might extend a bit but $400k per bitcoin is just a huge target, I believe we will not likely reach that level before the bear market starts. Just imagine where we start, the last ATH was around $20k before a long bear market, so if it's $20k to $400k, that 20 times folds of the previous ATH.

^ That is impossible, I hate guessing without a proper source and the reason why the price hit that amount level. BTC price was even struggling to reach $100k and probably we will reach that level but I don't think when it will happen. I believe that there is no bear market and as I see, we are not in the hype, we have real investors, from a single individual to constitutional investors which is adopting BTC and making it a legal tender in some places. For now, it is probably good if we are aiming at $100k than the $400k price prediction.

That ended up with a crash later on as well, proving that segwit was an artificial increase as much as what we are seeing with the ETF. Crypto doesn't really have "artificial pump" by nature because it doesn't have an exact number that it "should be", it is whatever we say it is and if we are saying that it is a huge price at one day then it is a huge price, it is not a pump, it is the price that we decided for that day.

I believe doge and shiba and all those memecoins should worth zero because they have zero reason to be high, but look at where they are right now. What makes sense doesn't matter in crypto, it doesn't need to be logical or reasonable to go up and stay there, it just needs a good hype. Bitcoin ETF increasing the price is fine, taproot increasing will be fine too, we may end up with a huge crash after each, doesn't matter because volatility is another part of its nature as well.

Actually, everyone is free to predict the price of Bitcoin according to their own analysis. But even in predicting the price of Bitcoin, it should be
realistic, so that each target we set has a greater chance of being achieved. If we set unrealistic targets too often, eventually we will get
tired of investing in Bitcoin and maybe there is a possibility we can stop investing in Bitcoin. But if the target we set can finally be achieved,
it will motivate us even more to invest in Bitcoin. Moreover, the increase in Bitcoin this year in my opinion is healthier than the increase in Bitcoin
in 2017. As you said this year more real investors joined, so Bitcoin fundamentals are getting stronger and if Bitcoin price falls it won't be too deep.
Chances are this year we won't see the price of Bitcoin fall below $20k. I am also a person who predicts the price of Bitcoin will reach $100k
this year, and I think the chance for Bitcoin to reach $100k is quite large. So the target of $100k is a realistic target to achieve.

indeed many say if the price spike some time ago was a warm-up before bitcoin reached a much higher ATH. The statement is quite reasonable because after the bitcoin price broke through ATH the bitcoin price only experienced a slight correction. the positive trend is still not over and I believe the bitcoin price will recover soon and the price will move up again.

Forget about that slight correction, what's important is the news that resulted in a new ATH.

There's more to expect on bitcoin as we have a lot of good news this year, the ETF approval and other major financial institutions beginning to adopt with bitcoin, that could potentially lead to more bullish price and we could see more this year, so sit tight, continue to accumulate and wait for the next big bull run.

Better to look for this side instead of worrying that much. Correction, though, is a good opportunity to buy more. If you believe that Bitcoin still have a lot to offer, buying portions by portion whatever the market is bringing is a good way to collect more assets, and when the time comes when you are already satisfied with the profits that you are seeing from your wallet, it's best to collect and harvest the fruit of your success,

Like what you have said, sit back and relax let Bitcoin works and keep your money on its passive position. ::)

You have to stay being patience if you wish to maximize the full potentials of this investment.

It didn't rose, on the contrary, it's been trading on the sideways, I think I saw it reaching $62k but the it is in the mids $60k so that's very volatile. You don't put your lost on trading bitcoin on the ATH, you should trade cautiously. But I would tend to agree that maybe this November will be super bullish again like October. Just give even time for the market and then we will see it jumping to $70k or even higher this month.

Just give it some time, that's what I was gonna say when I started reading you reply, I wasn't expecting the price to jump right away, the fact that it reached $66k after all what happened before is pretty impressive, I really do believe and hope that it's only going up from here in the rest of 2021, fingers crossed.

Now the bitcoin price has reached $63K and only needs about $5.5K again to be able to penetrate the highs that were created a few weeks ago, I think if bitcoin can continue to be stable condition, it certainly doesn't rule out the possibility that ATH $70K can be created later this month or maybe the end of this year, now with many large institutions and also several countries adopting bitcoin will certainly make the price go up and bitcoin will continue to create new ATH.

Yes, there are lots of positive news are happening related to crypto space which will certainly get bitcoin to continue its bull rally. Today we have significant rise in bitcoin market after some financial expert warned about investing with Shibu Inc. In some sense, I feel like if we do not have this much altcoins then probably we would have been trading into some very big price levels by this time. Because, when bitcoin SV was forked bitcoin got a big negative impact by December 2018 and most exchanges started delisting it, bitcoin suddenly showed a bullish movement by mid of 2019.

So, I guess if all the money inflow will be getting into bitcoin means then we might be having always bullish trend without allowing bears to dominate but unfortunately in a decentralized environment we cannot do anything like that. So, we need to have enough patience so that we may enjoy slow and steady progress of bitcoin markets.

Indeed Bitcoin just hit an all-time high a week ago, although after that it experienced a slight decline in price that triggered panic selling. However, the surge in bitcoin prices will continue, even many experts predict that the bitcoin price will reach $100k by the end of 2021. Therefore, let's see how far the bitcoin bullish trend continues. Moreover, the trend of increasing bitcoin prices this year is different from the previous year. More innovation, more regulation, more big companies involved.

No, I'm not thinking a panic sell, it's that the psychological behind it, when getting a new all time high, people are thinking of their profits, so obviously, they have to sell and then go on the next best strategy. Buy when the price goes down again. So there's nothing wrong with it. But for those who didn't sell, then we need to wait for the market to FOMO again and push the price to at least $70k this month. Yes, bitcoin's narrative have change since 2017, now there are more source of money.

Every time Bitcoin reaches new ATH, there will definitely be a correction after it, that's because many people take profit. But there are some people
who are indeed long-term investments in Bitcoin or there are those who decide to hold Bitcoin until their target is achieved. So not everyone sells
their Bitcoins when Bitcoin hit new ATH, that's the reason why Bitcoin prices don't drop too deep in price. Very different from what happened in 2017,
when the price of Bitcoin fell very deeply. I'm very happy that Bitcoin continues to create another new ATH, meaning that the demand for  Bitcoin
continues to increase towards the end of the year. I'm one of those people who hold Bitcoin until the Bitcoin price reaches $100k, because my sell
target is at $100k and I believe Bitcoin will reach $100k by the end of this year. So for now I focus on collecting as much Bitcoin as possible.

I believe the main reason for that is the slowing down and EVERYONE being in profit. Even if you bought at the previous ATH, then with a new one you are in profit, and anyone who bought beforehand is in profit as well, it is the peak price that makes everyone profit. This is why I believe that we should not be shocked to see price going down after that because everyone could sell and take a profit at that level.

It is definitely something that I would love to see more often, let it crash after each ATH, as long as we reach a new ATH then what happens afterwards is fine, it is a penalty for making so much profit basically. This will go on forever, each time we get a new high, we will get a correction.

now it has reached ATH $68,641.57 - Nov 09, 2021 and possibly in the days ahead before ending November it could be that bitcoin will pass $70K.
and this movement will continue towards the end of 2021, it looks like what you and the experts are talking about prices up to $100K will probably be easily achieved.

we will see in the next few days, if the movement is positive and the correction is not too deep, it is possible that what the experts said could be done earlier by bitcoin. hopefully this good news will encourage investors and institutions to also provide encouragement.

What you say is quite reasonable, because everyone has different targets, so at any time the price of Bitcoin can fall. Because there will always
be investors who decide to take profit, moreover there are also newbies who easily panic when they see the Bitcoin price drop. So there is
no 100% guarantee that Bitcoin will continue to rise until the end of the year. But I believe Bitcoin investors are getting smarter now, because
throughout this year there have been several FUDs popping up, but it can't stop the Bitcoin price from continuing to rise. So knowing this
I am quite optimistic that the target of $100k will be achieved this year, so I will not be affected by the correction that occurs every time the Bitcoin
price reaches new ATH. Because it is proven several times Bitcoin has corrected after reaching new ATH, but in the end Bitcoin will always rise again
to a higher price.

Certainly a great achievement demonstrated by bitcoin which has broken new ATH records. Even though the price of Bitcoin has been steadily dropping lately, it has had its ups and downs throughout its journey. However, as a long term investment, I'm not easily swayed by Bitcoin's current decline in price because I believe in the long term potential of bitcoin where the price might reach $100k to $150k in the next few years.

And we are not almost a month now since hitting all time high, but so far the price keeps going down. Last time I checked the price is only $54k.

So it went down in the last 4 weeks and so we are not in doubt that 6 digits which is the prediction at the end of this month could be hit. Everyone is expecting at least $100k, but it was not meant to be as there are factors that contributed to the downturn which we didn't anticipated. So I'm no longer in anticipation of that price so that I won't be disappointed.

Hopefully we still have bright 2022 ahead of us, maybe the first quarter will be friendly and we can still see 6 digits.

Well, bitcoin has proved its worth historically throughout the past decade, it's normal for bitcoin's value to decline or make some correction because eventually it will always recover, so if you're in for the long-term investment then you don't have to worry about the bitcoins declination this week and in the past week. Be patient, don't sell it because bitcoin will shine again these coming weeks.
It's even possible for the bitcoin to reach 100k USD or more next year.

From year to year bitcoin continues to break the latest ATH and $68k is the highest price we have seen this year, although now the price of bitcoin is decreasing in price in the market, but I am sure that if conditions improve later it will certainly make the bitcoin price refund and can  will be create a new record high price, now it's better for us to wait and see where the next bitcoin will go.

Re-bounce of the bitcoin price happens for sure, but how long it takes is unknown. During every bull market, bitcoin used to mark a new ATH. Similar to that we've got a new ATH for this year. More price Predictions of reaching $100k was much into discussion. However the market correction seems to make a decline before the breakout to mark the next new ATH.

Because we are literally in a bullish market, it's not new to see some bullish predictions. As the price keeps increasing, our target gets higher and higher as well. However, with what happen that bitcoin dump and trading only below $50k, for sure it's not realistic anymore to still target by the end of the year.

our prediction changes based on the market situation.

Looks like the correction has started already, there's a recovery but it's a slow recovery and we don't know if we can finally see it pump again.

it looks like $68k is the highest price for bitcoin this year because to reach a higher price seems impossible. The price decline that occurred a few days ago made the opportunity for bitcoin to reach $100k even more closed, moreover until now the bitcoin price has not recovered. if the number of investors continues to grow and the community grows stronger there is still hope that in 2022 bitcoin will reach $100k or even more.

The highest bitcoin price occurred in last november, but unfortunately we have seen a significant decline in bitcoin prices in the last few days, even though bitcoin is currently experiencing a decline in price from ATH, but in my opinion this does not prevent the possibility of bitcoin prices going back to creating record prices new highs, because as far as I remember, bitcoin also crashed before it managed to reach a price of $68K last November, I personally really believe if bitcoin recovers quickly now of course we will be able to see bitcoin reach a price of $100K in early 2022.

Since touching the All Time High at the level of $68k in early November, currently the bitcoin price has experienced a significant correction where the price dropped to the level of $51k, which indicates that the bitcoin market is in a bearish trend. Therefore, for the rest of the year bitcoin price will find it difficult to cross the $70k price level.

After briefly rising to a price level of $51k, today bitcoin has experienced a correction of almost 0.36% and has made the bitcoin price at the current $49k level, it seems that in december we will see the price of bitcoin play at a price level of $47-$53 due to movement What's happening is bearish, now it seems that many investors are starting to shift their assets to other crypto which is more stable after negative news about the emergence of a new virus spreads and scares many people.

And sadly, the price continues it's downward trend as it touches $48k, we are not into $48,200 and very dangerous levels again as it might break the support around the price.

If that happens then we might see a bearish trend for December which is very unfortunate since historically, we always end very strong at every year even in a bearish 2018-2019. So let's see if this price will continue to go on a spiral path or hold at $48k and then bounce back again to $50k.

The highest price coordination meeting was missed with a price of $68k with a one-day lamarlnys, then the market started to weaken like going down a mountain after climbing very high. now bitcoin is in a bearish trend and its status is still holding. very hope that bitcoin can re-break the highest coordination price in the next period.

Seems like you are little bit short with your numbers because the bitcoin price climbed up to $70,000 to made the new all-time high in the mid-November 2021. As a result we are now considering $70,000 as the new all-time high for this year 2021 and we are looking forward to the new year of 2022 to see how market would reach thus we are hoping to see bitcoin price break the $100,000 benchmark or more in the year 2022 

absolutely fantastic with what has happened this year where it managed to reach the peak price 2 times in just a few months.
it's already December and just counting the days we will arrive in 2022 I don't think we will see any new highs for Bitcoin this year. hopefully early next year 100k or more as many people have speculated will happen and of course we really hope it happens.

there are some weak hands mate so its not surprising when bitcoin trying to break all time high it sometimes failed to touch.. :D and for sure most are traders in my personal opinion wherein who already set the target because of the demand supply strategy. Lol market isn't perfect like what others saying.. But the fact that most people who used bitcoin had different attitudes and strategies..  ;D

I can only suggest to anyone who never expected the market to always be profitable for him because basically bitcoin can never go up endlessly all the time. Bitcoin can reach ATH at any time as long as there is a high demand but of course it is a process and will never happen without any support.

The fact is that the bitcoin price is down 33% from the last ATH $69K but that doesn't warrant the idea that a bearish period is on its way. I'm just saying this is a correction where fluctuation can trigger a new trend which may be better. However, too much panic will only prevent the price from breaking through the resistance above it so that the failure to reach a new ATH will be more pronounced.

I think the prediction that the end of this year will be no more surprises, seems to see the current price situation has fallen steadily below $50K and there is no strength to increase sharply. bitcoin will have a hard time at least being able to achieve renewable ATH.

predictions that next year will increase may or may not occur, because usually after the increase, at the beginning of the year there will be a long correction before receiving the momentum to bounce back.
but it is possible that predictions could change and bitcoin would do something unusual, as it has done this year.

i think this could never come in our days now as we are in mid December now yet there is no even sign of hitting 60k again.
i believe that we must be ready now or we will be loser tomorrow , i have decided to take 1/4 of my funds out reserving if there will be bear happening soon so i have funds to buy in very cheap prices.

I think the current price correction trend still has the potential to continue and move to the $42k - $45k level. Therefore, for now, for long-term investors, they can take advantage of the current price decline as an opportunity to buy at a lower price. But rest assured that positive sentiment will definitely occur early next year so that bitcoin prices will be bullish again.

This is what the destination if the support cannot handle the selling pressure so hopefully we can see some green lights and panic sellers will stop what they are doing today, maybe for now we need a hype which can help bitcoin to end up this correction and temporary stability is needed so that the confidence level to the investors will come back again. But let see what future will bring on this since if we see more dump well its good for us to prepare to buy bitcoins at its dip.

$50k-$52k might be our best bet to end this year. Far cry from the once touted $100k that some modelling prediction (S2F) is pointing early this year.

And for sure there are a lot of individuals disappointed on how the price will end this year. Hoping at least for a new all time high but it won't come. Good strategy hedging your funds because there's a lot of uncertainty next year. And as I have said, if we don't get to at least $50k at the end of the year, we might see a bear market soon.

Right now we can only hope that bitcoin can recover soon and get out of the current tornado, the current price decline is arguably the worst weakening that has occurred in the last three months, and I personally don't want to think too far into all the possibilities it might happen, but I hope the bitcoin price can rebound to the $50K price resistance by the end of this month.

I don't want to sound doom and gloom, but if you have been in the market for so long, you will be better if you are going to be ready and prepared for a long bear market, just saying. And it's inevitable, sooner or later we will enter a crypto winter.

But in any case, still I want to see a bull run and go hit $100k or more as predicted by so many for this year. Obviously it won't touch that price, but hopefully if there is still a bull run next year so we should at least reach 6 digits as ATH.

It can be more than $55k, there are still many days remaining. What we need is positive news about Bitcoin, which indicates the whales begin to pump Bitcoin price again. I think this current long correction is manipulated by whales, they try to remove small players before another pump.

Why you can conclude like this? Do you have a strong reason? In my opinion, even Bitcoin drop below $45k, it is still unclear whether we will see bearish or bullish again in the next few weeks.

Better to condition yourself that the chance of long bearish season might happen.

If you want to lessen your worries about the fluctuation inside the market, foreseeing the possibilities should always way ahead.

We don't know where the market will sway now, all we can do is hope and patiently wait if you already set your target.

Indeed bitcoin has set a new ATH record a few months ago. However, since early December the price of bitcoin has experienced a very deep decline in price. Until now the price of bitcoin is still stuck below $50,000. I see the current price is likely to last until the end of December because the trading activity will decline at Christmas.

Right now the price of bitcoin has reached the price of $48K in just 1 month, and bitcoin which was previously above the price of $60K, the price decline that is happening now is certainly not surprising for all of us, because we know the volatile nature of bitcoin, of course at any time the price may change, besides that investors fear due to the potential decision of the United States (US) central bank which tends to be hawkish to fight inflation is certainly the main reason for the current weakening of the market in my opinion.

Bitcoin market recovery is not that difficult I think, although it has fallen from a high of $70k to a low of $45k more or less. but to be able to re-break the highest is not as difficult as one thinks. I think this correction is only affected by year-end conditions and the closing of the economy's finances, so the price is slightly scratched.

The path has always been difficult in my opinion, and why would I say that? it's because we might enter bear market next year. Although we have bounce back above $51k, we have to look at how it will going to hold or sustain. Usually, this kind of spike is artificial and manipulated by some entity because it's Christmas. Seen this in the last bull run session in 2017.

If we will base it from experienced way back, I can agree to your position.

Though the chance also that institutional investors are now here, and they are kept on buying those dumped coins.

We can't tell if which path Bitcoin will go next year, as also based from last year's run we do think that it will fall and start

to experience another huge dumped, but it didn't happen but instead it brings us this huge amount of benefits.

Institutional investment does not guarantee that bitcoin will continue to rise, it will have a good effect in the long run but that would not stop from the market to turn into bearish mode. It's a cycle, we are seeing it before and it will still happen soon, so we have to be ready and be more realistic to consider all the possibilities not only the bull run but also the bear run.

Has bitcoin re-reached at previous highs let's wait in 2022. I think the previous record highs weren't too difficult to break when exposed to the price cycles of previous years. without realizing that bitcoin has started to crawl again from the price of $45k to a new price of $51k, this is a sign that it won't be difficult to break a new record next month.

This year's record high has been reached at a price of $69K and is the most amazing record of 2021. Will it repeat itself or will it miss that record again in 2022? I think we still have hope to feel it.

There are many assumption that at the end of the year and Christmas the price of bitcoin will experience a correction because some traders want to secure their assets into stablecoin, maybe that is true but what has happened is that the price of bitcoin has increased due to increased demand. That's really good, but we really can't be sure this is the start that could turn the trend into bullish again.

I remember that we did not have any correction by the time of 2020 Christmas and New Year times. When there will be enough buying pressure then bitcoin market will handle any level of dump which is the scenario that we had experienced many times. Moreover, most people started believing about another bullish rounds in 2022 hence I am confident about less dump on festival times.

I agree that bitcoin has already started its rally which will definitely persist. This time most probably bitcoin market will induce FOMO among investors and traders which is one of the most expected phase for enabling bitcoin to test $100k levels.

I was pretty sure that we wouldn't have another all-time high within 2021, it looked way too utopian. However, I believe that we're already going through a phase of correction, which is going to last quite a few months from now. Do I believe that Bitcoin's capabilities regarding its price are immense, I'm not sure when we'll see it though.

what you say is true, precisely if the trade decreases it will make the price will be stable and will not go up or down. By entering the long Christmas and New Year holidays, it can be ascertained that trading is not very effective.
if there is a move it may not be too high for both ups and downs, and expect that there will be surprises early next year.

One of the best moments during the celebrations is that the bitcoin price is holding at $50K at the moment. I'm not too sure that $50K will be a strong support for bitcoin at this point where on TF 1 Day we were in a correction after the price hit $52K. It might be good to be optimistic about a possible bullish 2022 though I'm personally not too sure about that.

We've recorded ATH at $69K in November, so although we can't get past that ATH again this year, but at least it's a price we're excited about.