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Author Topic: Repeating of all time high has begun  (Read 1812 times)
rez303
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June 20, 2019, 10:55:24 AM
 #21

As we see bitcoin wins over all things, we recovered from 3K price, went up to 5K 6K and now we finally hit 9K and this last number is near to 10 which is a psychological factor too. We are very near to 10K and I believe we will reach this price in following days which will automatically boost positive feelings among bitcoin and crypto community. This is were further rise gets start. Well, maybe I am super positive but I think current market actions will return all time high pretty soon. Imagine, positive feelings, possibility of profitable mining, possibility of increasing profit and a lot, this all united in one can return old all time high price.
I think this time has come again.
haha, those with confidence in the crypto market always have a nice result. I really can't believe that quite a lot of people are involved in the crypto market for a short time and they are making $ 200k - $ 600k from IEO projects and whale pumping sessions.
In the future, I think the crypto market still has greater potential and it can help those loyal to rich crypto soon.

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June 20, 2019, 11:39:27 AM
 #22

Let the progress flows without an aggressive push. We need a good foundation for each price jump before going to another one. We are already here and we don't want to start again from scratch. I like to see first the $10,000+ price level as the new solid bottom sooner or later compare to reaching a new ATH

But what is that good foundation if I may ask?

Okay, we stay at around 10k for two or so years. Will the jump to the next level then be any more justified than it is now? We don't really know as it may or may not. Conversely, if tomorrow Bitcoin rises to 30k, will this rise not be quite legit? We don't know that either. If something happens (think quantum leap here) which takes adoption and application to the levels never seen before (for whatever reasons), will you say that the price surge is not organic?

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June 20, 2019, 01:26:18 PM
 #23

All time high for bitcoin is a possibility this year. As the market continues to be bullish, a possible bull run might happen bedore the year ends. The cryptocurrency this year is a bit healthy again especially with Libra blockchain coming in the way. This contributes to the energy here in cryptocurrency.

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June 20, 2019, 01:53:00 PM
 #24

Maybe yes, maybe not but what's happening right now is a good sign though compare to what happened in 2017 because the increase is gradual and I'm not feeling that it would be a pump and dump situation again. I don't see any reason for an another All Time High though because what's happening right now in the market is a healthy uptrend.

Bitcoin's price nowadays is more stabilize compare to the recent trends because there's no sign of a bearish market and more of a bullish one.



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June 20, 2019, 02:01:47 PM
 #25

All time high for bitcoin is a possibility this year. As the market continues to be bullish, a possible bull run might happen bedore the year ends. The cryptocurrency this year is a bit healthy again especially with Libra blockchain coming in the way. This contributes to the energy here in cryptocurrency.

Do you think Libra will bring a big impact to the market?
As what I see Bitcoin is in Bullish mode since from the first time it break the $4k level and climb to $8k -$9k, repeating its history to all time high maybe happen next year or before the 2020 halving we all know the history when halving happen in the market.

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June 20, 2019, 03:15:30 PM
 #26

All time high for bitcoin is a possibility this year. As the market continues to be bullish, a possible bull run might happen bedore the year ends. The cryptocurrency this year is a bit healthy again especially with Libra blockchain coming in the way. This contributes to the energy here in cryptocurrency.

Do you think Libra will bring a big impact to the market?
As what I see Bitcoin is in Bullish mode since from the first time it break the $4k level and climb to $8k -$9k, repeating its history to all time high maybe happen next year or before the 2020 halving we all know the history when halving happen in the market.

for the current situation we actually already know that the situation has started to increase again. but we don't know this yet whether it will last long or only temporarily. because crypto is not predictable easily so all need to be properly informed of this increase whether it will last long or not.

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June 20, 2019, 04:06:11 PM
 #27

Not so fast..

If while it is almost certain that the price action will move beyond $10,000 pretty soon, it will be interesting to see what happens after that.

Without a sustained buying momentum, any short correction at that level could create an exit wall that will make FOMO give way to JOMO.. and outright bloodshed. Once we're stable beyond $10k the risks will go away.

Yup slowly but surely to reach $ 10,000, but I predict that in August Bitcoin has achieved it perfectly. But I believe what Tyler Winklevoss said that when bitcoin reaches $ 10,000 then the trend will turn to bullish and continue to $ 15,000 I'm sure of that.
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June 20, 2019, 04:14:55 PM
 #28

As we see bitcoin wins over all things, we recovered from 3K price, went up to 5K 6K and now we finally hit 9K and this last number is near to 10 which is a psychological factor too. We are very near to 10K and I believe we will reach this price in following days which will automatically boost positive feelings among bitcoin and crypto community. This is were further rise gets start. Well, maybe I am super positive but I think current market actions will return all time high pretty soon. Imagine, positive feelings, possibility of profitable mining, possibility of increasing profit and a lot, this all united in one can return old all time high price.
I think this time has come again.

Indeed. 10k level is more of a psychological factor that will help us feel better and be positive about the situation that it is going on in the market.
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June 20, 2019, 04:33:43 PM
 #29

The ATH phenomenon is not a repeating feature of Bitcoin, it is just something that happens with most popular commodities or assets out there in the market. Yes, we might reach the ATH in this year, but most predictions are total BS and this increase in the price should not create an expectation for potential investors that it must happen again.

We have seen several other stocks and shares that reached a ATH once and it never reached a new ATH again. Let's not build people's expectations if we do not have actual proof that it is going to the next ATH soon.  Wink

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June 20, 2019, 07:25:50 PM
 #30

The ATH phenomenon is not a repeating feature of Bitcoin, it is just something that happens with most popular commodities or assets out there in the market. Yes, we might reach the ATH in this year, but most predictions are total BS and this increase in the price should not create an expectation for potential investors that it must happen again.

We have seen several other stocks and shares that reached a ATH once and it never reached a new ATH again. Let's not build people's expectations if we do not have actual proof that it is going to the next ATH soon.  Wink

Bitcoin will make new all times high! I`m sure in that more than ever before. I think the majority in crypto community expects that to happen, it`s just a matter of time. We don`t need to build other people expectations, we need to be self-confident and believe in what we support and we support bitcoin. Why it`s better to support bitcoin other than some fiat currency is well known, for me, bitcoin is the only sound money on this planet. Others will realize that sooner or later.



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June 20, 2019, 07:36:15 PM
 #31

Bitcoin has just hit its 2019 high at $9,480 on some exchanges.

It is widely agreed that if BTC goes past the huge resistance at $10,000 that's practically straight sailing back to $20,000.

With the current state of the cryptocurrency market, I believe that this year's Bitcoin high will exceed that of 2017, potentially heading over $40,000 by year end.

Of course this relies on the good news flowing freely, and nothing major coming along to knock the price.
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June 20, 2019, 07:45:40 PM
 #32

Bitcoin is going back to $5000. Money will go to Gold. Look at Iran and middle east situation.
what a wide speculation! I don't think for now some one will speculate this. It is possible for bitcoin to fall back to $5000 but I am not seeing that happening now. Bitcoin is far better than gold to carry during wars and I think many people are now preferring of investing in bitcoin than gold and that is why bitcoin is going up and gold is currently not doing well.
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June 20, 2019, 10:08:47 PM
 #33

Bitcoin has just hit its 2019 high at $9,480 on some exchanges.

It is widely agreed that if BTC goes past the huge resistance at $10,000 that's practically straight sailing back to $20,000.

With the current state of the cryptocurrency market, I believe that this year's Bitcoin high will exceed that of 2017, potentially heading over $40,000 by year end.

Of course this relies on the good news flowing freely, and nothing major coming along to knock the price.
Reaching ath on this year wont really be that easy.This would still a hell of a bumpy ride.We might see price increase but there would
always a corresponding correction along the way.It might increase 50-100% in a short span of time but it can drop significantly way even more
than we anticipated therefore,i dont really care too much on hurrying up ATH prices.

R


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June 20, 2019, 10:20:50 PM
 #34

As we see bitcoin wins over all things, we recovered from 3K price, went up to 5K 6K and now we finally hit 9K and this last number is near to 10 which is a psychological factor too. We are very near to 10K and I believe we will reach this price in following days which will automatically boost positive feelings among bitcoin and crypto community. This is were further rise gets start. Well, maybe I am super positive but I think current market actions will return all time high pretty soon. Imagine, positive feelings, possibility of profitable mining, possibility of increasing profit and a lot, this all united in one can return old all time high price.
I think this time has come again.
I think we will soon get 10k in the near future, if we look at the current increase it looks like it will continue to surge to hit the next achievement that has become hope for us all. So repetition to reach the moon will indeed occur and this year can be said to be the beginning of all because prices continue to move up gradually.

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June 20, 2019, 10:51:49 PM
 #35

Bitcoin is going back to $5000. Money will go to Gold. Look at Iran and middle east situation.
There is saying in crypto that "everything is possible" so there's a chance for it but where did you get that? Imo as soon as we crossed $10k, the chance for your prediction will be very slim. You're gonna see it months or years after we set a new ATH or maybe not. We are already in bull run, strong enough not to fall in such price.
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June 20, 2019, 11:27:49 PM
 #36

I think this time has come again.
It would be still soon to see that ATH once again but at least we are seeing that we are slowly recovering from that past dump of price down to 3k.
Been wondering for those people who do just sold of their bags when they do panic sell on low level but well past is past and theres no turning back now.
10k is just near and we might reach it up on next month but im not expecting too much.
Those who have bull trapped during the ATH of bitcoin becomes happy right now. They will sell their bitcoin again in higher price. Those who bought it during 3K dollars are more happy right now. The history of bitcoin becomes cyclical and I feel comfortable when it hits the lows again. Because I think that when it reach the ground, it moves up again. I expect bitcoin to push more above 10K dollars.

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June 20, 2019, 11:29:20 PM
 #37

It's kind of scary because I image that a 10k price is a psychological price when people try to sell.
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June 20, 2019, 11:44:34 PM
 #38

Bitcoin ATH may happen again but it may take time because I think what happened last December 2017 when Bitcoin reached almost $20,000, people at that time has the money to trade, I don't know about other countries but in my Country, December is when people gets their bonuses and extra money from gifts. Also I heard there's a lot of stick market traders who shifted from stocks to Cryptos. They dump their coins after hitting their goal.
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June 21, 2019, 01:59:29 AM
 #39

It's kind of scary because I image that a 10k price is a psychological price when people try to sell.
We will know. We have that guess that everyone has already set their price on $10k to start dumping but if the resistance is too strong. I still believe that everyone is eager to see the price higher than that. There's still that kind of mindset that no one is willing to sell at any price since the market starts to recover from the bear market. We will pass the last all time high and this cycle is activated since we've passed the $5000. The growth this year is much natural than 2017.

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June 21, 2019, 03:49:59 AM
 #40

It's still early to speculate if bitcoin will achieve new ATH now. For this whole week we haven't achieve $10k yet but I think it will happen very soon. If it really breaks the previous ATH prepare for the huge correction. I would rather choose climbing up slowly than quick pump then dump hard like what happen on 2017.
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