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Author Topic: Bitcoin again crossed $4200, so this time can we see all time high??  (Read 600 times)
Yuuto
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September 28, 2017, 08:27:29 AM
 #21

Bitcoin finally crossed $4000 mark and now trading around $4200, so this time can we see all time high in bitcoin?? and what could be the resistance zone for bitcoin this time??

We could definitely see a new all time high set by the time the end of the year approaches. Demand for bitcoin and media coverage for bitcoin is basically at an all time high and is still climbing as we can see right now. Basically every tech company seems to have interest in bitcoin.

I expect the price to hold at around $4200 for a while, before launching itself up once again, though.

Just don't expect the price to skyrocket overnight, i expect it to be pumped in phases, each time adding around $200 to its previous value. But the general direction is up.
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September 28, 2017, 09:00:35 AM
 #22

Bitcoin finally crossed $4000 mark and now trading around $4200, so this time can we see all time high in bitcoin?? and what could be the resistance zone for bitcoin this time??

Yes, after some weeks of doing retreats now Bitcoin is going strong again and looks like it will soon be entering the $4,500 zone if there would be no massive profit-taking to take place soon. I can say that maybe we are already over with China and any news coming from that country especially negative ones may not have no major impact on the market. Positive news from China is what I am expecting in the next few weeks.

Hopefully by November especially after the scheduled hard fork we can be seeing Bitcoin getting into the $5,000 level. Now, am sure that any kind of comment coming from Jamie Demon of JPChase may not have any bearing on the market anymore as he is now exposed as just another figure in the traditional banking who is already disrupted by Bitcoin and is just fighting for the industry he is representing.
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September 28, 2017, 09:04:58 AM
 #23

before the price has reached $5000 and that the highest price this year, now it is back to $4200, and the price might be able back to $5000, my estimate at least it will be reached before the end of the year 2018.
I hope the new record was reached in the year 2018 by touching $10,000 Smiley
 

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September 28, 2017, 09:16:04 AM
 #24

Bitcoin finally crossed $4000 mark and now trading around $4200, so this time can we see all time high in bitcoin?? and what could be the resistance zone for bitcoin this time??

We shouldn't stop to think that there would be another pump occur on bitcoins since 4200$ is not the all time high of this coin since actually there are more coming on these upcoming days so if people would sale there bag hold coins then go for it but you will regret soon when bitcoins will hit again for 5000$ or maybe even more.

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September 28, 2017, 09:21:53 AM
 #25

If I am not wrong, then the previous high was $4,950 (not sure about it). To reach the 5K mark, Bitcoin still needs an upward swing by around 20%, which looks quite difficult right now (especially due to the situation in China).

I think China is not quite affect on bitcoin market for now but if China able to use bitcoin once again than bitcoin value will reach highest value of history once again.
So if bitcoin value keep increase , I'm sure that bitcoin will reach $ 5000 on Dec 2017
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September 28, 2017, 09:22:13 AM
 #26

Bitcoin finally crossed $4000 mark and now trading around $4200, so this time can we see all time high in bitcoin?? and what could be the resistance zone for bitcoin this time??

All times high I know of is $5013.91 for Bitcoin. The recover is good, since after this big value it dropped under $3000.
Many people are expecting $10000 values in about 6 months and this time I don't feel that they'd be over optimistic.
However, this looks better in the speculation area...


Currently, the ATH is $4980.  For consistency and ease of reference, we use Stamp as our reference point.


Bitcoin finally crossed $4000 mark and now trading around $4200, so this time can we see all time high in bitcoin?? and what could be the resistance zone for bitcoin this time??
I don't think so. I can see it maintain its value between $4,000 to $4,500 by the end of this year. It's still hard for me to see it reaching the $5,000 mark and maintaining that value in this year considering the issue on China and the number of bitcoins still available for mining. However, I believe that bitcoin will reach it's all time high in the next coming years.

Think about the situation.  We have a price battle going on right now, and it is not any kind of BABY battle that is likely to keep BTC prices in a small range (such as you say $4000 to $4500... You sound like you are wishing when you come up with those kinds of small range numbers during an actual price battle. 

Currently, the price range is $3400 to $4300 and it seems that we are quite likely to break out of the range.. so that will cause interesting dynamics.. it may shift the price range up, but it is not going to stop the battle and it is not too likely to stay within a small range in the next few months.... could happen, but not too likely.

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September 28, 2017, 09:29:35 AM
 #27

Bitcoin finally crossed $4000 mark and now trading around $4200, so this time can we see all time high in bitcoin?? and what could be the resistance zone for bitcoin this time??

i'd say the final resistance will be at $3500 but for now it is currently at $4000 and i don't see price going lower than that anytime soon. we are currently seeing the come back to the normal levels and price should go back to $4500 soon and stay there. all this time it was the "abnormal and manipulated" price that we were experiencing doesn't matter how many times they called it a "bubble" it was never true!

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September 28, 2017, 09:53:36 AM
 #28

Chinese exchanges closing in the end of this month and in the next month, this may give as a last dip before moon, anyone counting on this?

I was really hoping for a final squeeze.

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September 28, 2017, 09:55:25 AM
 #29

Bitcoin finally crossed $4000 mark and now trading around $4200, so this time can we see all time high in bitcoin?? and what could be the resistance zone for bitcoin this time??
Ain't a surprise to see Bitcoin back on track again and this time with no fetters and jinx within view, we can rightly expect that a new ATH that clearly breaches the $5000 psychological level is in the offing. I would however want to take some profit as soon as an ATH above $5000 is made and then scout for a nice valley to jump on board again.
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September 28, 2017, 02:40:48 PM
Last edit: September 28, 2017, 04:11:04 PM by LeGaulois
 #30

Don't be so optimistic because you may regret it very soon. Currently, we should consider ourself lucky that the price recovers the 4200$ in a very short period of time. But to see the $5000 we can wait a long time to see it again, if it's happening a day.

September 30 is coming in the following days, it's possible that we see something (good or bad I don't know) After this, October which could be a month like July. It will be a big surprise if we Bitcoin at 5000$ before the end of the year.

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September 28, 2017, 03:04:38 PM
 #31

Interestingly, Greyscale Investments have withdrawn their ETF application, but the price hasn't budged at all:

http://www.reuters.com/article/us-bitcoin-etp/bitcoin-blow-as-fund-drops-u-s-exchange-application-idUSKCN1C30CK

Bitcoin not responding to news is a new development!  Smiley

 
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September 28, 2017, 03:08:04 PM
 #32

Today price of bitcoin they reach already 4300 dollars but now down at 4200 dollars but its okay. I think we see the price of bitcoin in the month of october possible become 5000 dollars because that very possible to reach that price. So if you have extra money now you can buy now and for sure after few months of few years of holding you can earn a lot of profit. But it depends to the demand on the market.

 
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September 28, 2017, 07:11:32 PM
 #33

Perhaps this is the beginning of the bitcoin goal toward $5000 figures this month but had to cross bitcoin $4200 so that it can survive and continuously increased within the stable price then this will be happen moments of time towards the high price on bitcoin We will make up to a big smile and carefree
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September 28, 2017, 07:40:09 PM
 #34

Today price of bitcoin they reach already 4300 dollars but now down at 4200 dollars but its okay. I think we see the price of bitcoin in the month of october possible become 5000 dollars because that very possible to reach that price. So if you have extra money now you can buy now and for sure after few months of few years of holding you can earn a lot of profit. But it depends to the demand on the market.
bitcoin is now getting accelerator again, and hope that very soon the price of bitcoin will cross 5000$. i think that those people who want to invest in bitcoin i think that they have currently very good opportunity to invest, because i think that still bitcoin price is currently trading in a low price and we can expect that the bitcoin price will very soon cross 8000$, and will surely give us a very good profit.
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September 28, 2017, 08:05:17 PM
 #35

Perhaps this is the beginning of the bitcoin goal toward $5000 figures this month but had to cross bitcoin $4200 so that it can survive and continuously increased within the stable price then this will be happen moments of time towards the high price on bitcoin We will make up to a big smile and carefree

Ya true.The price of bitcoin is around the value 4200$.So you can expect to see the old value of bitcoin which is around 5000$.Who's know the price may reach the value of 6500$.So this is the right time to inverse in bitcoin. You will get very huge profit soon.

 
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September 28, 2017, 08:28:54 PM
 #36

Not sure if it will continue to go up, but being in an ATH means that it will probably break previous highs, and at some point be above $5000.

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September 28, 2017, 08:41:47 PM
 #37

Bitcoin finally crossed $4000 mark and now trading around $4200, so this time can we see all time high in bitcoin?? and what could be the resistance zone for bitcoin this time??

We shouldn't stop to think that there would be another pump occur on bitcoins since 4200$ is not the all time high of this coin since actually there are more coming on these upcoming days so if people would sale there bag hold coins then go for it but you will regret soon when bitcoins will hit again for 5000$ or maybe even more.
As you said about pump then i will let you know that you should need to aware that bitcoin will reach to the sky once again because look at the crowd they are coming once again and bitcoin is pumping once again.
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