Bitcoin All Time High (ATH) Position Now

[Husires]

Not ATH, but a natural fluctuation, the price used to need hundreds of days to change from $ 1 to $ 10, and then the changes from 10 to 100 took a longer time.
The price is now above 20,000, which means that the change of one or two thousand will not take much time as it used to happen in the past, but it is difficult to break the resistance levels that will make the price return to minimum levels.

[Ridwan Fauzi]

Actually, Right now I see on Coinmarketcap BTC Touch All Time High (ATH) Position. What's Next Rally?

Just need three days for bitcoin up around $4000 that can't be followed by any investment place, yeah give one investment place which can do that? the fear of missing out has fulled in the market, many investor just willing to buy bitcoin at the high price and push its price up and up until now.

There is no indicate for its price fall until either technically or fundamentally. Seem like $40.000 can be achieved next week perhaps, let see. And for those who hold altcoin, I don't know this bull run event has given a good return for them because bitcoin domination has been increasing from the start, so just choose bitcoin then you will safe.

[jostorres]

Not ATH, but a natural fluctuation, the price used to need hundreds of days to change from $ 1 to $ 10, and then the changes from 10 to 100 took a longer time.
The price is now above 20,000, which means that the change of one or two thousand will not take much time as it used to happen in the past, but it is difficult to break the resistance levels that will make the price return to minimum levels.

Resistance levels are not the reason why it gets harder, it is the amount required to go higher in % because when you sell 1 bitcoin for 100 dollars, you can find buyers easier, but when you sell it for 35k, it is going to be a bit harder. Breaking over resistance is not hard, think of places like grayscale and such, we are talking about billions of dollars bought and stored, these guys changed the whole game, and they bought between 10k-20k levels, so on average let's say 15k entry point, that means they have more than doubled their money which was already in billions.

I also think bitcoin move above all time high like this all the time, last time it was 1400 ATH and crashed, next time it was 20k, this time it is above 34k already, so whenever it breaks over all time high, it breaks over very fast.

[bitmover]

The ATH price is simply another number, for example $1300 was also an ATH back in 2017 so was any other price ($1400, $1500,... $2000, $3000,...) that was reached. We are currently sitting at ~$34,000 which is simply another number.

The only time that buying should be avoided is the bubbles. Like $20,000 at the end of 2017. Similarly $20,001 about 2 months ago was an excellent buying opportunity even though it was an ATH.

Luckily, everyone who is holding bitcoin is in green now.

However, buying for 20K in 2017 is not the same as buying at 20k in 2020, three years later.
There is an Opportunity Cost for that money invested in 2017 and that was in red for 3 years. Additionally, many investors certainly had bad moments while in red, and emotions could have lead a lot of people to despair selling in the bear market.

about opportunity cost:

KEY TAKEAWAYS
Opportunity cost is the forgone benefit that would have been derived by an option not chosen.
To properly evaluate opportunity costs, the costs and benefits of every option available must be considered and weighed against the others.
Considering the value of opportunity costs can guide individuals and organizations to more profitable decision-making.

https://www.investopedia.com/terms/o/opportunitycost.asp

Just as 34k is just another number, a big -70% in a portfolio is also just a number, but with consequences in daily lives...
If bitcoin goes back to 10K (which i don't think is impossible) it will be near -70%...

Personally, I think bitcoin movement in long term is upward. I think 100K might be reachable in the future. But I have no crystal ball, and I think everyone should be very carefully, especially now when in a bull run. IMO, the best time to be brave is in a bear market, not now.

[asus09]

Actually, Right now I see on Coinmarketcap BTC Touch All Time High (ATH) Position. What's Next Rally?

Just need three days for bitcoin up around $4000 that can't be followed by any investment place, yeah give one investment place which can do that? the fear of missing out has fulled in the market, many investor just willing to buy bitcoin at the high price and push its price up and up until now.

There is no indicate for its price fall until either technically or fundamentally. Seem like $40.000 can be achieved next week perhaps, let see. And for those who hold altcoin, I don't know this bull run event has given a good return for them because bitcoin domination has been increasing from the start, so just choose bitcoin then you will safe.

Three day for bitcoin is most enough to reach higher price and just little correction last few hours and now bitcoin back to higher dominance again, new beginning with bitcoin could raised $34000 and many investor looks happy after bitcoin back to higher price, maybe will be most happiness in this year with bitcoin always get good moment up to higher price and many people waiting for when bitcoin and altcoin back to good place, after failed last two year and last December become moment for bitcoin really back to higher price.