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Author Topic: Will we see new ATH this year?  (Read 1311 times)
chrisculanag
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October 10, 2021, 09:04:50 PM
 #81

ATH is coming but we didn't know if maybe this year or next year , bad news also affect this , also some rich people that cannot accept this thats why they use anything or controlling to block the ATH . But if we talk ATH about BTC its will come soon and i think we need to save more for the future.

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October 11, 2021, 10:20:53 PM
 #82

I think a lot depends on the SEC approving some of the BTC ETFs
If they do, I can see BTC spiking up and staying there as it will now be considered more legitimate by some people.
If they do not I think we will bounce around and get back to $60k but above that will be hard until we hear some other form of good news.

-Dave
There are psychological factors too. If bitcoin reachs $60K, then it just will surpass it's ATH, I hugely doubt we will see different scenario. If it reach 60K and then falls without reaching ATH, then it looks like to have last step on ladder and instead of moving on the final ladder, just slip away.

The fact is that the governments and/or other major financial sectors just don't want bitcoin to reach ATH again and they do everything for that but the bitcoin is still very, very bullish, like never before! What do you think, will we reach new ATH again despite a such resistance?

Why would governments want to prevent a new ATH? A higher price would certainly demotivate a good part of potential investors even more than is the case now, although I am thinking primarily of retail buyers. Yes, I know that we can buy a small piece of BTC for a few tens of dollars, but still, most people already consider BTC an extremely expensive investment. I think the new ATH is very certain by the end of the year, and it’s not at all impossible for it to happen this month either.
It just looks like that to my mind. Bitcoin reaches certain points and then boom, China says some random shit to push it down.
1. After Elon Musk's statement BTC started rapid loss + exchanges were in stuck and it even lead further fall, it was regaining what it lost in a minutes but then boom, China announced something and it immediately pushed it harder like a knockout.
2. Recently, Bitcoin surpassed 50K and then suddenly China put another shit and Bitcoin felt again.

This makes me to think that the government of China (in this case) doesn't want bitcoin to rise, the moments they announce something is just an indicator of this.

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October 11, 2021, 11:28:23 PM
 #83

it seems that this will be quite strong if seen from the market movement which continues to become greener.
everyone does not have this, the data presented at this time is only speculation and opinion from those who did TA analysis and the probability should be 50:50 which means the speculation could be true or not.
what we do is wait and wait hoping the speculations that are talked about almost every day and every hour are true.
The bitcoin price has started to return to an uptrend since entering the month of October and today is the 10th day of the uptrend. Since october 1 to today the bitcoin price has grown by $15K and this is a good sign to expect new ATH this year. If in 10 days bitcoin can go up $15k, why is the next 10k not reached? This is the logic. I hope the next $10K is hit within this month so that the bitcoin price can pass the previous ATH and hopefully no FUD hit crypto anytime soon.
Wow, I didn't notice that since October 1. Well, anyway it was a great comeback after a few declines, it is something to tell that Bitcoin price has the bigger chance to make another ATH this year again. Although we can't sure about that, well,  $70k, $80k...who knows, right?
Well, people who trusted Bitcoin will certainly look at every uptrend's motion will go farther and I'm one of them but of course, I don't being too optimistic coz even we saw in 10 days consecutive ups will not assure that it never stops, corrections are going possible anytime.

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October 12, 2021, 02:57:49 AM
 #84

From what I could see, a new ATH is just in the horizon. We are already past 57K, and another 15% increase will get us to that level. But from what I have seen in the past, I would expect at least 2-3 minor corrections before we reach 64K again. Most probably BTC will dip below 50K and then recover. And hopefully after the ATH is hit, it will be a smooth journey towards $100,000. I won't be much surprised if the prices go beyond that by the end of this year, or by the beginning of next year. Things are looking positive for Bitcoin and once again the Bitcoin dominance is approaching the 50% level.

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October 12, 2021, 03:39:14 AM
 #85

Broadly speaking, the opportunity to be in new ATH is definitely still there, we know that not only bad news in this world affects Bitcoin, but there is also still a lot of good news and positive feedback from many parties. Well, just prepare with your own speculations and predictions, but in my opinion it's more inclined to ATH.
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October 12, 2021, 06:18:38 AM
 #86

Broadly speaking, the opportunity to be in new ATH is definitely still there, we know that not only bad news in this world affects Bitcoin, but there is also still a lot of good news and positive feedback from many parties. Well, just prepare with your own speculations and predictions, but in my opinion it's more inclined to ATH.
especially now that we are entering the fourth semester where purchasing intensity usually increases, but indeed there is no definite guarantee, but at least the market behavior in previous years makes us seem to have hope that we will reach a new ATH

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October 12, 2021, 07:10:19 AM
 #87

Really hoping for a new ATH this year. It would be the perfect Christmas gift for all of us here. In my opinion the chances of seeing a new ATH are pretty good. We have seen a strong recovery over the last several weeks. Bitcoins became so mainstream this year, everybody heard of it and news are still very interested. All it takes is one big positive news to kick off a new rally. If we had some more large companies announcing to accept and move into crypto currencies then we should see a price jump. Personally I never really thought about selling my coins this year. Like me there are more and more strong believers in bitcoins. My goal for bitcoins next year is 100,000 USD. We just need to believe.
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October 12, 2021, 10:35:52 AM
 #88

Broadly speaking, the opportunity to be in new ATH is definitely still there, we know that not only bad news in this world affects Bitcoin, but there is also still a lot of good news and positive feedback from many parties. Well, just prepare with your own speculations and predictions, but in my opinion it's more inclined to ATH.
especially now that we are entering the fourth semester where purchasing intensity usually increases, but indeed there is no definite guarantee, but at least the market behavior in previous years makes us seem to have hope that we will reach a new ATH

Yes indeed that we don't have definite guarantee that ATH would really show up this year but atleast we can see the price near to that since it will give a good sign that maybe next year we can see those things broke to another level. But we also need to safeguard our funds and learn how to settle when market collapsed since if we keep hoping to see more greater value while the market already crashing then provably we will be left to became a bag holder that's why we also need to learn when to if there's opportunity came to us.

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October 12, 2021, 10:54:49 AM
 #89

Indeed, Bitcoin had previously risen above the price of $50k and not long after its price fell drastically. Even now Bitcoin's rise is fast enough to rise above $50k, and now Bitcoin is at $55k. So there is no guarantee that the price of Bitcoin will continue to rise to the next resistance level, there is a possibility that the price of Bitcoin will fall again. That is why we must continue to monitor Bitcoin movements as often as possible, because Bitcoin movements are indeed difficult to predict. I think if the price of Bitcoin this week can stay above the price of $50k, this seems like a good sign, there is a possibility based on my analysis Bitcoin in the next few weeks will approach the price of $ 60k. Especially if this month can rise above the price of $ 60k, it is most likely that Bitcoin prices will be more bullish and very likely to reach new ATH prices by the end of this year.
Stoploss could definitely do what you are saying. Anyone worried that bitcoin might crash again, could put up a stoploss at around 50k, or even higher if they feel brave and they could be doing a favor for themselves. Obviously it is not going to be that easy but it could still save you if it happens.

I believe that the crash will not happen anytime soon and I believe that we are going to be fine, but it is not a guaranteed thing so I do not know what to feel like, I can't give any advice without feeling guilty afterwards. However, stoploss is definitely a life savior, if you could use that then you could be braver because you would know that in the very worst situation you could end up just losing a bit and still get out as soon as it crashes.

It's a good idea to use stop-losses if we're worried the Bitcoin price will fall, because indeed stop-loss can save us from bigger losses. If we look at
the price of Bitcoin now at $57k, it looks like it's likely that the price of Bitcoin will not fall in the near future. But like you said there is
no 100% guarantee that Bitcoin will not fall, so we really have to dare to make decisions according to the results of each analysis. One solution is
that we must use stop-losses to prepare for the worst that will happen. But I still hope that Bitcoin will hit new ATH by the end of this year,
and I believe it will.

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October 12, 2021, 01:16:34 PM
 #90

From what I could see, a new ATH is just in the horizon. We are already past 57K, and another 15% increase will get us to that level. But from what I have seen in the past, I would expect at least 2-3 minor corrections before we reach 64K again. Most probably BTC will dip below 50K and then recover. And hopefully after the ATH is hit, it will be a smooth journey towards $100,000. I won't be much surprised if the prices go beyond that by the end of this year, or by the beginning of next year. Things are looking positive for Bitcoin and once again the Bitcoin dominance is approaching the 50% level.
The weird part is that last time BTC went up, ETH went up with it and they were quite high together. ETH broke over 4k right? I am not sure if it ever broke over 4k in the past month or two but I know that it was quite close to those levels. Now I am looking at it and it is nowhere there, while BTC went up so much, ETH did not do anything at all.

This makes me realize maybe we are in a bull run because when we are in a bull run it is BTC that goes up first and then slowly we get to see other coins have a bull run as well in something we call "alt season", but before that happens BTC needs to break over ATH and have a very good increase for sure, to a point where people might say "making BTC higher is too much work, let's focus on alts, they are easier".

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romero121
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October 12, 2021, 02:05:27 PM
 #91

Broadly speaking, the opportunity to be in new ATH is definitely still there, we know that not only bad news in this world affects Bitcoin, but there is also still a lot of good news and positive feedback from many parties. Well, just prepare with your own speculations and predictions, but in my opinion it's more inclined to ATH.
especially now that we are entering the fourth semester where purchasing intensity usually increases, but indeed there is no definite guarantee, but at least the market behavior in previous years makes us seem to have hope that we will reach a new ATH

Yes indeed that we don't have definite guarantee that ATH would really show up this year but atleast we can see the price near to that since it will give a good sign that maybe next year we can see those things broke to another level. But we also need to safeguard our funds and learn how to settle when market collapsed since if we keep hoping to see more greater value while the market already crashing then provably we will be left to became a bag holder that's why we also need to learn when to if there's opportunity came to us.
There is nothing assured as said, but the price will reach near to the previous ATH. If I'm not wrong it is the time to participate into continuous trading to maintain the portfolio, because the price could drop down or get pushed. More predictions were about price reaching $100k. I don't think this will be happening soon, because something beyond a level will disturb the economic infrastructure and the same could bring negative impact from the governments.
matchi2011
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October 12, 2021, 02:54:54 PM
 #92

Broadly speaking, the opportunity to be in new ATH is definitely still there, we know that not only bad news in this world affects Bitcoin, but there is also still a lot of good news and positive feedback from many parties. Well, just prepare with your own speculations and predictions, but in my opinion it's more inclined to ATH.
especially now that we are entering the fourth semester where purchasing intensity usually increases, but indeed there is no definite guarantee, but at least the market behavior in previous years makes us seem to have hope that we will reach a new ATH

Usually money is flowing when the last quarter starts, especially after the halving the after effects really comes up and provide good market.
Many people really hope that entering now will still give them the benefits that they are aiming inside this business, still open for good market run and if this current upwards will be backup of strong bull expect more increase and new ATH to see before this year end.

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dbc23
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October 12, 2021, 09:43:35 PM
 #93

We are almost close to seeing a new ATHs sooner than we think we are currently holding Bitcoin above $56k which have broken the $50k resistance zone forming a new support through the demand and supply chain. It's too obvious we would have Bitcoin go above $65k in no long a time but not too sure for a $100k speculation as many analyst claims
SyndicateLabs
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October 14, 2021, 03:12:41 AM
 #94

Will China make a statement to accept crypto in the future Smiley
Large corporations still have a need to access blockchain, really to give a specific reason for year-end ATH is a lot.
But anyway, I still think it is necessary to seriously look at the market in the near future.
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October 14, 2021, 06:35:44 AM
 #95

Will China make a statement to accept crypto in the future Smiley
Large corporations still have a need to access blockchain, really to give a specific reason for year-end ATH is a lot.
But anyway, I still think it is necessary to seriously look at the market in the near future.
I think China could have done it, now we know that China is currently the largest mining country, where the potential for the welfare of its people is also wide open, moreover there are many big companies there, although until now China has often made statements that contradict bitcoin.

Chinese, who will understand them and what is their game plan! They are big, they have money and manpower to do anything probably, but as we can see they like to play "we are unpredictable" games! So who knows what will they do in the future!

I agree that big companies need access to Blockchain, and governments need to make that with new regulations! But I don't think we will see something big about that this year... maybe it's too early for that!

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Kodok Bencot
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October 14, 2021, 10:53:46 AM
 #96

The number of bitcoin users continues to increase and an ATM is urgently needed to make it easier to withdraw money. This is the expectation of bitcoin users, if there is a bitcoin ATM available then we can leave 100% of the bank, I hope that bitcoin services like ATMs are easy to find so that when we want to take money we don't bother and queue like ATM.
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October 14, 2021, 12:56:04 PM
 #97

Chinese, who will understand them and what is their game plan! They are big, they have money and manpower to do anything probably, but as we can see they like to play "we are unpredictable" games! So who knows what will they do in the future!

I agree that big companies need access to Blockchain, and governments need to make that with new regulations! But I don't think we will see something big about that this year... maybe it's too early for that!
Maybe CCP itself could do it? I mean if the fear is that bitcoin is a decentralized and they do not want people to have a decentralized currency which may weaken CCP and give people more powers.

However, it is obvious that if they did it themselves then it would be a lot better for them wouldn't it? I mean why wouldn't they end up with something that would be profitable for them? They could simply do it as government and the power would stay with them and they would do whatever they want without worrying getting weakened. This would also mean that they would have a lot profit as well, which is why they may come out and say that they are taking all the mining equipment and mining with them.
Rasa nanas
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October 14, 2021, 01:56:21 PM
 #98

Will China make a statement to accept crypto in the future Smiley
Large corporations still have a need to access blockchain, really to give a specific reason for year-end ATH is a lot.
But anyway, I still think it is necessary to seriously look at the market in the near future.
anything can happen in the future. Although China is currently a country that prohibits bitcoin, it does not rule out the possibility that in the future this country will legalize bitcoin. bitcoin is growing rapidly and has an increasingly large community, it is likely that in the future many countries will accept bitcoin. no need to worry because in the future bitcoin will break ATH which is much higher than this year's ATH.

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October 14, 2021, 02:23:40 PM
 #99

I believe that it is highly likely, we're two months away from the end of 2021 and Bitcoin has already recovered back to $55,000. We're not that far off the all-time high, which was slightly above $60k. There will be some resistance right before that happens, probably at $57k-$58k, but it won't take long to surpass that.
By looking at market habits at the beginning of the year, hopefully it will make the trading psychology of every investor move together, so that with more demand, a new ATH will be achieved this year. but if not this year, I'm sure in the future a new ath will also happen, sooner or later. therefore increasing assets is a good choice

The fourth quarter has almost always been very price-friendly for cryptocurrency. It looks like this tradition will continue this year. Only two weeks have passed, and the price of bitcoin is already over $ 57,500. Before the previous price record of about $ 64,000, there is very little left, and the time is still two and a half months. So let's hope that if nothing negative for the cryptocurrency happens during this time, then this year there will be another price record.

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October 14, 2021, 02:53:20 PM
 #100

Even if you are good enough at analyzing the bitcoins graph and price prediction, nevertheless, the value of bitcoins is still unpredictable. In the current status of bitcoin, there is a possibility that it will break the previous record and make another ATH before the end of this year. If the demands continue to increase or there are whales who are going to manipulate bitcoin price again,then perhaps we could see another ATH this year.

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