Is Bitcoin at new heights

[w-smallteenager]

After the bottom of $28,000, now to $45,000, will it continue to rise

[Kittygalore]

After the bottom of $28,000, now to $45,000, will it continue to rise

You probably should add some question mark because I don't think that you are declaring something but you are probably asking a question and to answer your question I presume, with a lot of thing going on that is manly negative on the market, I think that it's still unlikely that bitcoin is going to go back to 45k anytime soon.

[alevlaslo]

[KaliLinux]

After the bottom of $28,000, now to $45,000, will it continue to rise

You probably should add some question mark because I don't think that you are declaring something but you are probably asking a question and to answer your question I presume, with a lot of thing going on that is manly negative on the market, I think that it's still unlikely that bitcoin is going to go back to 45k anytime soon.

I agree with you on this. For me I don't know how soon or quick that rise back to $45k Bitcoin will happen but I do have strong hope for a better price or even a new ATH before the end of 2021 which is basically my target because as you mentioned, there are still too much negative vibes (FUD) around Bitcoin but mostly once most of the miners leaving China can resettle in other countries with better atmosphere to Bitcoin mining and kick of again, it will be fine again.

[bittraffic]

As of the time of this reply, the bitcoin price is $34k which is not in coloration with the $45k you mentioned in your post so you may have to edit the thread with the accurate bitcoin price.

Am with high hope that shortly the bitcoin market is going to bounce back to above $50k.

We all have high hopes for the price to give us good wealth to survive the current crisis that's remaking the finance. Bitcoin having a new height will definitely send us out of this rabbit hole but we are yet not going up there. It's a very predictable zone right now because the market had been in the range from $30,000-$40,000 for almost two months. There are positive signs that it will go up and there are also signs that the price will go down.

[boyptc]

will it continue to rise

Yes.

That's really the fate of bitcoin. It gets some correction but it will also be unstoppable to its rise and it's bound to reach back those prices that we've been and then suddenly break the ATH.

[NeuroticFish]

After the bottom of $28,000, now to $45,000, will it continue to rise

Up and down and up and down.
Yes, Bitcoin price should rise. Whether it'll fall or not before that rise, that's something I cannot tell.
Bitcoin's scarcity is meant to make its price rise. So as long as you have the patience and you get over the falls/fluctuations, you should see it rise to new highs.

Just keep in mind: should doesn't mean that it'll certainly will, make your own decisions when investing and don't invest money you don't afford to lose (or keep locked for years)

[zanezane]

Too early to call the prices going to the 45k territory again because I believe that we still have to face the winter that bitcoin might or might've already been experiencing.

[Marvelman]

After the bottom of $28,000, now to $45,000, will it continue to rise

The answer to this question is "yes" if one believes bitcoin is in a longer-term bull market.
The cryptocurrency market has experienced tremendous volatility in the past. Some researchers who track the market estimate that Bitcoin prices increased or decreased by 5% or more on a daily basis on average. There is no reason to doubt that this will not continue.

[slaman29]

- chart-

Interesting chart but new addresses growth slowing down still doesn't mean much at the end of the day, it is probably just linked to less transactions happening on chain. I mean, I'm still using the same old 3-5 address for years now (I know, very bad of me but I can't help it) to get everything I get, and maybe every now and then a new address due to change address for a spend.

Adoption wise I guess it's a slowdown.

[proudhon]

After the bottom of $28,000, now to $45,000, will it continue to rise

No. It will not continue to rise to $45k.

[El duderino_]

After the bottom of $28,000, now to $45,000, will it continue to rise

No. It will not continue to rise to $45k.

Probably skipping 45K and search for 55K and higher instead, proudhon knows ....

[fullhdpixel]

After the bottom of $28,000, now to $45,000, will it continue to rise

How sure are we that it will quickly get back to that price? You can’t be so sure of that, despite that I have seen people who are always making some predictions about Bitcoin starting another bull run and reaching a hundred thousand dollars ($100,000) price , but all these people are not sure about it. That’s just the price they would like to see, so they are just saying it would reach that price without being so sure about it.

So, these are all speculations. But, it wouldn’t be bad if you just Hodl with what you can afford to risk. That way you will be in a good position of making profit when the market finally increases in price.

[slaman29]

Yesterday's market move proves these charts don't mean much in short/not so short terms after all. Now a breakout should be happening this week.

No. It will not continue to rise to $45k.

Probably skipping 45K and search for 55K and higher instead, proudhon knows ....

Exactly. Might even decide to skip 2 or 3 marks in each 10k bracket: 38/39/40 then 45/46/47 then 50/51/52 and so on and so forth. The higher price goes the more the extreme rallies will get and the more spots we are likely to skip

[adaseb]

After the bottom of $28,000, now to $45,000, will it continue to rise

No. It will not continue to rise to $45k.

Well if it goes to the range high of $41K, I can see it going to $45k. The real resistance will be more in the $56K and the $64K ATH. I think there are many bag holders that bought in the $56K area, who almost lost half their investment who will want to get out at break-even. Even if not break-even they will sell some to lighten their load.

So if we go quickly to $45K, I can see there being resistance in the $50-56K region. Then we might pullback and go back to the $30K's and test it again, and maybe at the end of the year we might go after the ATH again. Right now there is just way too much hype for this to be sustainable in the short term. Maybe in 2022 we will see a new ATH however $100K will be a tough nut to crack.

[danherbias07]

What goes up must come down. It just goes back and forth but now with higher number like $1000 of movement.
Before a $50 is something to be happy about but now they are not contented and they might even call it non volatile anymore if it moves at small amount. 
I'd just ride the wave if you are trying to trade. Just be sure you have the basics before going at war.

[Reatim]

After the bottom of $28,000, now to $45,000, will it continue to rise

to 45,000? since when ?  it can't even stay at 35,000 now you are calling it as 45k?

What goes up must come down. It just goes back and forth but now with higher number like $1000 of movement.
Before a $50 is something to be happy about but now they are not contented and they might even call it non volatile anymore if it moves at small amount. 
I'd just ride the wave if you are trying to trade. Just be sure you have the basics before going at war.

what you called this as roller coaster? 

this is a market that dictates by volatility so meaning expect the hype and expect the fall.

but in the end it is the growth that will makes people happy and contented .

[rhodelmabanal]

After the bottom of $28,000, now to $45,000, will it continue to rise

We have two different situation here rise and fall and i think that is normal, this is crypto and we know that crypto market is always changing due to high on volatility and people are always do buying or selling depending on what they believe if it will rise or fall. I think we will be having another bull run before we enter the month of November.

[ethereumhunter]

will it continue to rise

Yes, it will continue to rise. But you should not forget that before bitcoin reaches that price again, we may see many corrections coming to bitcoin price, so we need to be careful and if you think you want to buy more bitcoin, you need to analyze before buy. It is better not to panic when the price is up or down because we need to know when to enter the market and do something. Otherwise, you will lose the chance to use that moment for yourself and you will not be able to make a profit.

[Kemarit]

The first leg should be the whole number $40,000 before we can talk further.

But since there's a strong resistance along that price right now, we shouldn't expect a new heights at least short time. There's a lot of issues right now, like the hash rate dropped due to the Chinese government pulling the plug to the bitcoin miners.

So it might take some time for the price to rise, probably we might see a positive movement in the last quarter of the year.