What will happen to Bitcoin after making new ATH?

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

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

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

Quote from: Renampun on November 24, 2020, 08:48:27 PM

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

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

ATH.

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

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

Quote

Slowly but surely this is beginning to look like (the start of) a bull market. Best ever #bitcoin month in $ terms (+ $ 5400) and RSI crawling towards bull market levels.
https://twitter.com/100trillionUSD/status/1331222894186258432?s=19

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

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

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

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

Quote from: maartenhaha on November 24, 2020, 07:31:49 PM

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

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

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