Are we headed to a new all time high now that momentum is very high

[smyslov]

I keep looking on the chart and checking while posting I got up from my computer to entertain a visitor and when I come back here it is Bitcoin
at $14,941.07 It looks like we have a good momentum this early before end of November Bitcoin could be trading at $ $16k

Do you think we are going to have a repeat and the first quarter of 2021 will be where Bitcoin will have another all time high

[jackg]

I thinks $16k-$18k was some sort of symmetric difference to the lows of $3k from the $10k level so it was quite likely once we went through there we'd keep going imo (or pull back but we haven't done that).

I'm hoping we can see a stagnation again before we push higher than the 16-18k levels but that might not happen and we could just keep going.

As a bullish sign, any monthly close above the last one is probably a new high close and might be more significant to show there's some good follow through.

[dunfida]

I keep looking on the chart and checking while posting I got up from my computer to entertain a visitor and when I come back here it is Bitcoin
at $14,941.07 It looks like we have a good momentum this early before end of November Bitcoin could be trading at $ $16k

Do you think we are going to have a repeat and the first quarter of 2021 will be where Bitcoin will have another all time high

When in talks of future prices then everything would really remain unanswered yet no man on this world can predict on whats ahead.I was even surprised on the current or recent movement of
Bitcoin on where it did able to hit $14k that fast and now we are already on 15k range which i havent anticipated that it would be touched on this month of November it seems we're really too
fast when it comes to movement but it doesnt signify if we are already on a bull run or just some pump and might have an another some solid correction later on.So for those who
had accumulate cheaper then this would be the best time to sell and wait for some pullback then buy again.

[pooya87]

we have been heading towards the new ATH the day price broke out of $4k resistance back in April 2019. what we have seen from that day until today is just increasing momentum with some corrections and 2 panic sells. the same pattern happened in July 2015 with similar momentum and panic sells.
so if history is any indication, we should see the new ATH (similar to 2017) by mid 2021.

with the way bitcoin is being adopted these days by different countries, different corporation giants and institutional investors,... it may even happen sooner than we'd expect.

[GreatArkansas]

So for those who
had accumulate cheaper then this would be the best time to sell and wait for some pullback then buy again.
(....)

This is good advice, taking profits is never a bad idea at all.
But for me, I have no reason at all to sell my Bitcoin now or even we reach the all-time-high. I am for the long term in Bitcoin.
I am also treating Bitcoin as my emergency funds also besides fiat, so if I don't really need funds at all or I still have my fiat, I will never sell my Bitcoin at all.

[7788bitcoin]

Do you think we are going to have a repeat and the first quarter of 2021 will be where Bitcoin will have another all time high

Looking at the market we might see the price of bitcoin testing the all time high valuation before the first quarter of 2021, i was expecting the momentum to start during the early period of 2021 but it is quite surprising to see that the price is breaking all the resistance and gaining 20% in the past one week is outstanding, i am still expecting a minor correction in the mean time.

[btc_angela]

We can't just go on parabolic rise and see new all time high. The price though seems to be on a good pump in the last 48 hours, but it seems that we will see another dump, not that drastic though, before another leg up. Next year will be more exciting, as the four year cycle might prove itself again or we need another year to touch more higher high or new all time high.

[cryptomaniac_xxx]

It's just a question of when, we are just like few thousands of dollars from the last all-time-high. So it could be hit this month or December, or early in 2021. But I don't want to get excited though, it might ruin my plans, if it happens in early 2021, Lol. But in any case I don't might seeing $20k-$40k in 2021 or even 2022. But there could be a some corrections, dumps along the way, we just need to keep HODLing and not be affected negatively if we see the price going down, we should look for long term gains.

[kotajikikox]

I keep looking on the chart and checking while posting I got up from my computer to entertain a visitor and when I come back here it is Bitcoin
at $14,941.07 It looks like we have a good momentum this early before end of November Bitcoin could be trading at $ $16k

Do you think we are going to have a repeat and the first quarter of 2021 will be where Bitcoin will have another all time high

Well we almost got there as we have reached $15,700+ this day and standing strong at $15,500+ now.
from that so 16,000$ is a easy target i think.

Or not unless if the correction comes next then the price would be lowering before the final moment happen as the bull is really expected anytime soon.

[sunsilk]

I avoid to have timeframes or exact month but for certain years like 2021 and 2022. These are the years where many are hoping to have that bull run that we all want. Even if there will be new all-time high to be seen.

What's important is the yearly lows. What's with that?

As long as we see a high yearly low, that's still a good sign that we're heading to the bull run.

[smyslov]

so if history is any indication, we should see the new ATH (similar to 2017) by mid 2021.

with the way bitcoin is being adopted these days by different countries, different corporation giants and institutional investors,... it may even happen sooner than we'd expect.

I like it early 2021 but if you see an indication that it could happen mid 2021 I'm still ok with it, we have things laid out, overcome pandemic check. adoption check, halving check what could go possibly go wrong not to reach another all time high, people should stop waiting and start buying, I know momentum do not last but if there is a dip, hopefully, believers will strengthen the buying support.

[daarul50]

I keep looking on the chart and checking while posting I got up from my computer to entertain a visitor and when I come back here it is Bitcoin
at $14,941.07 It looks like we have a good momentum this early before end of November Bitcoin could be trading at $ $16k

Do you think we are going to have a repeat and the first quarter of 2021 will be where Bitcoin will have another all time high

Well we almost got there as we have reached $15,700+ this day and standing strong at $15,500+ now.
from that so 16,000$ is a easy target i think.

Or not unless if the correction comes next then the price would be lowering before the final moment happen as the bull is really expected anytime soon.

Correction go away , we are enjoying the ride , come next days.
I have told everybody that the steady increase of 5% daily will occurred , and toda is the day that the trend looks like make its pattern.
By the end of this month we should crossed $20000 if there is no huge correction which i am sure ot wont come soon.
We are in high hype and it looks unstoppable right now. Lets do this.

[rodskee]

I keep looking on the chart and checking while posting I got up from my computer to entertain a visitor and when I come back here it is Bitcoin
at $14,941.07 It looks like we have a good momentum this early before end of November Bitcoin could be trading at $ $16k

Do you think we are going to have a repeat and the first quarter of 2021 will be where Bitcoin will have another all time high

Looks $16k is lower than what Bitcoin can achieve this November up to December probably between $15k to $17k or if lucky much higher till next year.

Speculation will not stop since same thing happens last 2017 in which the Halving effect takes control of market and we reach the ATH.

Now Bitcoin is starting to move forward after the drastic situation we've got last march when the pandemic ruin the market,Now here we are looking great and market is in Green zone again.

[FanEagle]

Definitely going towards a new all time high, there is no way that bitcoin will stop right now at this price and never go back up, this can't be the high that we reached never to be seen for years to come, we are definitely getting closer.

I can't say if we are going to break over $20k in a week or in a month or in a year but I know that we are on the right track and we are going to break that $20k eventually, and we are getting closer so it means we just need a bit more push and we will be there.

Right now price is around at $15.5k which means we just need $4k more in increases to break the all time high price, which is only 25% increase. Considering we already had like a 50%+ increase in a month or month and a half, we could easily say that 25% could happen in the next month as well.

[slapper]

Bitcoin will definitely surpass its all-time high. The number, charts, the analysis show the same results. The current momentum is great without being interrupted by the bear.

Personally, I don't like this rapid increase. I thought we would have stayed at $15000 for at least a week or maybe more. But I guess there are too many elements affecting bitcoin right now so it is hard for bitcoin to slow down and breathe. The higher the price, the harder it will drop. Correction is needed in order for bitcoin to go further. Therefore, be careful of the correction if you are planning to invest your money in bitcoin.

Waiting is also not a fair choice for many people. Jump a train can cause a painful result. Try to manage your risk so as not be fall into a bull trap. Remember don't sell of your bitcoin quickly cause it will go up even further in the future

[dimonstration]

If it continues to move in such way, we maybe able to see BTC reach another all time high and with that to happen there is a need for more news or hypes to be created like adoption of big companies other than PayPal or some news that can help to make it through. It may not be like 2017 pump that push instantly but it can still reach ATH even in slower phasing. If it will be able to break $18k sooner the faster the chance it can break it's record.

[thecodebear]

I dunno about Q1 2021 ATH. Seems a bit early. A correction will come once this recent pump runs its course, in December we could be back to $11,000s, then Q1 would be building back up to $15k and building support between $11k and $15k. In Q2 I think we'll see the price approaching the ATH and perhaps even hitting it.

[The Sceptical Chymist]

If you'd asked me back in March whether bitcoin would have reached even $10k, I would have said absolutely not--and look at where we are in November.  It's absolutely mind-blowing.

And yeah, I do think bitcoin is headed toward a new ATH, but I don't think it's going to happen this year (and I hope it doesn't, actually).  Too much of a rise too quickly can lead to huge crashes, as we've seen time and time again, so if indeed we are to see a new ATH, I hope it comes next year and hopefully at least in the middle of 2021 and not sooner.

One thing I'm not sure about is whether this momentum we're seeing is really a trend or just a pop-up in price that could quickly drop back down.  That's something only time will decide, but it'll be damn interesting to see what happens in the next 6 months or so.

[chaser15]

Right now price is around at $15.5k which means we just need $4k more in increases to break the all time high price, which is only 25% increase. Considering we already had like a 50%+ increase in a month or month and a half, we could easily say that 25% could happen in the next month as well.

25% only? It's not that easy. This is by far the most basis of those believers, if Bitcoin goes pump hard, it's an automatic reaching the new ATH.

I also like that but I will not speculate until it happens. So far, the progress is good and that's what matters here compare waiting for new ATH.

[gentlemand]

Price aside, the developments happening are pretty bonkers and dominoes are falling in a way I wouldn't have expected at the start of the year. The ascent to near 16 grand seemed weirdly effortless. Looks like there's plenty left in the tank so I ain't going to call anything.