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Author Topic: Do you think that a new ATH is coming or a crash?  (Read 930 times)
virasog
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April 11, 2021, 05:51:11 AM
 #141

We are in due for a crash ever since bitcoin crossed All time high at 20,000$ but luckily there is no big crash till now.  Smiley Since there are too many institutions involved now, i don't think the will sell their bitcoin and create an artificial crash. Perhaps we are heading towards 100,000$ and then expect a 50% pull back, but it is not confirmed. For now, just follow the trend and do not short the bitcoin.

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April 12, 2021, 06:52:37 AM
 #142

We are in due for a crash ever since bitcoin crossed All time high at 20,000$ but luckily there is no big crash till now.  Smiley Since there are too many institutions involved now, i don't think the will sell their bitcoin and create an artificial crash. Perhaps we are heading towards 100,000$ and then expect a 50% pull back, but it is not confirmed. For now, just follow the trend and do not short the bitcoin.

If you put it that way, then yeah, we're due a crash every time we cross a new threshold (but hey, last year's crash happened despite not crossing a new one for years).

Not sure there will ever be such a thing as an organic crash though. It's always going to be Black Swan events that take us to the hard floor.

I'm also expecting nothing less than a 60-90% pullback when/if the huge crash comes though. Be naive to think we'll never repeat that kind of drop.

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April 12, 2021, 10:54:08 AM
 #143

We are in due for a crash ever since bitcoin crossed All time high at 20,000$ but luckily there is no big crash till now.  Smiley Since there are too many institutions involved now, i don't think the will sell their bitcoin and create an artificial crash. Perhaps we are heading towards 100,000$ and then expect a 50% pull back, but it is not confirmed. For now, just follow the trend and do not short the bitcoin.
50% pullback is too huge. And if it happens, it needs more than 2 years to operate such a bear run. IMO, a 50% pullback is considered an artificial crash. Leverage traders assuredly suffer a huge loss from this occasion. 2017 can happen again on a much more enormous scale. Do not trust big companies, even though they might truly support bitcoin. You need to see through the obscure cloud and you will realize that even institutions need to take.

I believe that we are heading toward $100000 without any hesitation. A long-term chart has given me so much information to make up this statement. The momentum of bitcoin only shows that the price will continue to go up but first, it needs to break the huge resistance of $61000. It has been several weeks since bitcoin is above $57000.

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April 12, 2021, 12:23:00 PM
 #144


People who think that a big crash will come are really hurting their own profits, or they are hoping for it to crash so that they could buy lower as well, there are so many people who want bitcoin to be under 10k again so that they could buy again and wait for it to go up but it wouldn't be that easy if it goes down that much.
These people are those who sell their Bitcoin too early and most likely, they are panic sellers. They'll come into asking and probably hoping the market crash to come but unfortunately, they are wrong and the market never has the favor. And as I look into the market chart, the fewer a chance that the market will be rallying back low reaching $10k again. I can't draw a conclusion but the market stability this time and the uprising size of Bitcoin users, traders, and investors, these things uphold the price to dump but eventually pushing going high.
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April 28, 2021, 12:41:45 PM
 #145

I think yes, we can wait for the continuation of the conquest of the peaks of the ATH. Personally, I am guided by several criteria, one of which is the GrayScale Foundation.
Just the other day, they bought Bitcoin in the amount of $ 560, why do they need it now if they are waiting for a fall?
In addition, altcoins are now showing rapid growth, this also speaks of an upward trend.



For me looking at the recent ways the things have started to unfold and more and more big players have now started to concentrate on bitcoin and invest in their funds as a investment means a good thing and with wider mass making the use of it just means more demand and very much can reach new high rather than creating a big crash. Though some volatile will still exists.

Instability and risks of collapse are always there. In 2017, people thought the same way that now more and more large investors are looking towards cryptocurrencies, which means that this will inevitably lead to further growth, but everything turned completely in the opposite direction, which no one could have imagined. As a result, now we are in an interesting position, on the one hand, we are reaching new heights, on the other hand, it is not known how strong the rollback will be, and most importantly when.

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April 28, 2021, 01:12:05 PM
 #146

There won't be a new ATH. Bitcoin has peaked and is crashing.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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May 01, 2021, 04:46:53 PM
 #147

I believe that we are going to go up a lot more before we will crash, people are way too afraid of a crash and that is not going to happen anytime soon. Have you seen how bitcoin recovers anytime it falls, there are way too many people buying bitcoin as soon as it drops and that is why I think it is not going to crash anytime soon. I mean I am not saying it will not drop, there could be some drop but it will be lower and that is why I do not think that it will be that bad and that is why it is going to be fine in the future, maybe a small drop but that will go up anyway so it’s fine.

People who think that a big crash will come are really hurting their own profits, or they are hoping for it to crash so that they could buy lower as well, there are so many people who want bitcoin to be under 10k again so that they could buy again and wait for it to go up but it wouldn't be that easy if it goes down that much.
ETH as a token that excels after bitcoin. The fall of ETH is only a wind to greet, then it will hit the strong back up. so it's a huge loss for them to think ETH will fall for a long time.
let's make a counter correction to the assumption that ETH will fall, they will actually experience their own losses.

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May 01, 2021, 05:23:34 PM
 #148

The behavior of Bitcoin since yesterday and today, May 1, has been in a short-term recovery, if we look at the chart we can give an idea that the volume profile has many more negotiations in the $57k range, if all goes well I think that it can go back past the $60k values, it can even go much further from that level, the bulls are increasingly testing the supply levels to see how the market reacts:



Quote
On the 12H chart, Bitcoin (BTC) has gotten out of the consolidation phase and is ready to keep the growth going. However, it is unlikely to set new peaks as bulls are not powerful enough. In this case, one may expect a retest of the mark around $61,500, followed by a slight correction.
Source: https://u.today/btc-eth-xrp-bnb-and-link-price-analysis-for-may-1

I think that now is a good time for those who have doubts about investing in Bitcoin, because it is very likely that the price can continue to rise and may reach the ATH.

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May 01, 2021, 09:43:52 PM
 #149

There won't be a new ATH. Bitcoin has peaked and is crashing.
what is the reason you say if bitcoin is falling and the new ATH will not be reached? now the condition of bitcoin is still in a fairly positive trend and we see now that many large companies are investing in bitcoin so that with the large number of requests for bitcoin it will certainly further strengthen the price of bitcoin in the market so it seems that there is no reason there will not be a new ATH in the future in my opinion.

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May 01, 2021, 09:50:07 PM
 #150

There won't be a new ATH. Bitcoin has peaked and is crashing.
what is the reason you say if bitcoin is falling and the new ATH will not be reached? now the condition of bitcoin is still in a fairly positive trend and we see now that many large companies are investing in bitcoin so that with the large number of requests for bitcoin it will certainly further strengthen the price of bitcoin in the market so it seems that there is no reason there will not be a new ATH in the future in my opinion.
We are playing around 57k level and the price is a bit stagnant or not really been much moving.We dont know on what would comes next and as it seems its been waiting up for some news
for again to make it move, im aint saying it would be precisely needing such thing but most of the time it does need some catalyst on where it could possibly go.Im not minding much with
ATH talks because i do always believe that it can always surprise us when it comes to that manner.Crash and pumps are always been part of this market.

Thing here is that you do know on what you should gonna do neither you do tumble on yourself on a bear or bull market.

R


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May 01, 2021, 11:43:08 PM
 #151

This present bull run will last for a very long time and might continue throughout this year as those who are involved are richest man/men, institutions and not the whales alone as we had it in the past

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May 01, 2021, 11:59:06 PM
 #152

The way price action has been slowly accumulating overall is more like a new high then a crash, it never pulls back harshly enough to rises too far without adjustment to call for a crash.   I'm not convinced about the idea we cant just trade downwards but thats a different question to crashing, its always possibly beacuse the whole dollar situation is volatile but I suspect the bias is towards weakness not sudden default and demand for dollar suddenly appearing.

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May 02, 2021, 01:28:54 AM
 #153

The way price action has been slowly accumulating overall is more like a new high then a crash, it never pulls back harshly enough to rises too far without adjustment to call for a crash.   I'm not convinced about the idea we cant just trade downwards but thats a different question to crashing, its always possibly beacuse the whole dollar situation is volatile but I suspect the bias is towards weakness not sudden default and demand for dollar suddenly appearing.

Yeah, now we are back in the accumulation phase again, before we blow up to the top of $65,000 or higher. So I don't think that we will see some crash again, of course there is that possibility, but it's more likely to happen at the 3rd week again, after we surpasses another all time high.

So now that we are in May, I expect the price to move a bit to $60,000-$65,000 ++.

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ancafe
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May 02, 2021, 05:05:02 AM
 #154

This present bull run will last for a very long time and might continue throughout this year as those who are involved are richest man/men, institutions and not the whales alone as we had it in the past
I also expect the same. but, we also need to be prepared for a decline in bitcoin prices that could occur at any time. Maybe, for now, bitcoin price looks quite stable in the range above $ 56k, and I hope it will return to the price of $ 60k, and reach a new ATH again. but still, the anxiety about the dump that could happen at any time was still there.
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May 02, 2021, 05:35:02 AM
 #155

This present bull run will last for a very long time and might continue throughout this year as those who are involved are richest man/men, institutions and not the whales alone as we had it in the past
I also expect the same. but, we also need to be prepared for a decline in bitcoin prices that could occur at any time. Maybe, for now, bitcoin price looks quite stable in the range above $ 56k, and I hope it will return to the price of $ 60k, and reach a new ATH again. but still, the anxiety about the dump that could happen at any time was still there.
I agree. I think the bull season will go until Oct/Nov 2021. I have been reading multiple Bitcoin price prediction stories, and most of the them came to a conclusion that we are just halfway through the milestone. Every article I read predicts it will top near end of 2021 or 4th quarter. Volatility of Bitcoin and anxiety the best part of the BTC game, only strong will take the advantage.
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May 02, 2021, 06:24:31 AM
 #156

Help me understand, according to market cycles,markets will always have retracements (pullbacks),do these count to be a crash or this has to be an aggressive drop in price to be called a crash?? Whichever is the answer I think ATH will be recorded more than crashes because we have a good number of whales buying and selling, which means there will be demand whenever price contracts to the downside.

R


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