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Author Topic: Will we see new ATH this year?  (Read 1348 times)
matchi2011
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October 21, 2021, 06:55:19 PM
 #141

In the last twenty-four hours, we have witnessed Bitcoin price reaching $58k. It is only around $6k away from the current ATH level. So, it seems quite possible that we will witness a brand new ATH level very soon. Bitcoin is on a great run and I really wonder what the reason could be. In any case, I hope to see this run continuing for a few months at least. And I'm pretty sure that this is not a bull run.
I think since bitcoin recovered from the $29k point bitcoin has been on a bull run trend, although after that there was some correction but that didn't stop bitcoin from hitting a new ATH. This positive trend is still continuing and it is very likely that in the next few days we will see the bitcoin price reach a point higher than the ATH that occurred in April.

Just as I expected, we saw a brand new ATH level. And it happened today by $66.9k. There is some price correction now but it still seems like Bitcoin price has the potential to even go over $70k soon. Doing this without a bull run is really huge I think. Normally, this kind of rallies don't last too long and the price increases just a little bit. But this time is really different seemingly.

It is quite different as btc futures just started to launch as ETF in the market, and this is just a start. We may still experience the up and down movement, which is just normal for any market, but I don't think it will fall down hard this time. So for those who want to get a share on this market, think of how you can get some which you think will be a fair price. We may see a new ATH again very soon, even before the year ends. I don't think we will stop around this 66k level. We will see more in the next coming months.

That's how trading works. We will continue to experience the cycle. The good thing is we also have the chance to see more increase
while this strong market continues to move upwards, ETF will bring more investors and players, expect to see buyers and sellers who
will work together inside the market.

More ATH to be followed after breaking the last time high, Bitcoin continues to receive appreciation and adoptions.


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October 21, 2021, 08:27:18 PM
 #142

We saw a new ATH finally after a long time. And the price increased to even $66.9k not much time ago. I still believe that this will not be the top level for now and we will be able to see it reaching above $70k also in the coming days. We just see a price correction period now as it has gone down to $62.5k. As long as it doesn't go down below $60k, I think that there is a strong probability for seeing it at $70k soon.
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October 21, 2021, 10:28:30 PM
 #143

Yes we finally saw a new BTC ATH few days ago and the new ATH continues to be set at $69k this is great for BTC money lovers and we can all continue BTC ATH will hit $100k, I believe and hope BTC in future hit $100k, boring boring days are over and now we can enjoy the fruit and joy that all investors we have persisted in holding BTC for a long time.

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October 21, 2021, 11:23:51 PM
 #144

Today there has been a new ATH price of $64800 but I believe new ATH now is the start of a bull run at least until it can touch $100k before the year ends, as long as bitcoin holders who have been patient and went through a difficult time some time ago, and continue to hold is a better option than selling now.
Today the ATH was $66930 as you can see it from coinmarketcap(https://coinmarketcap.com/currencies/bitcoin/). If something abnormal not happen then the price will go higher and expected $100k as you also mentioned it. Holding my assets to get more profit from it. Miracle will happen soon.
miracles will continue to happen, new bitcoin ATH will happen again.  until the end of this year, i'm pretty sure we won't hear any more FUD news and it will definitely push the bitcoin price to the highest level again.

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October 22, 2021, 03:46:06 AM
 #145

Yes we finally saw a new BTC ATH few days ago and the new ATH continues to be set at $69k this is great for BTC money lovers and we can all continue BTC ATH will hit $100k, I believe and hope BTC in future hit $100k, boring boring days are over and now we can enjoy the fruit and joy that all investors we have persisted in holding BTC for a long time.
$69k for the price of bitcoin I think will come true, especially since Elon Musk has stated it like this, so his followers don't seem to hesitate to buy it back, because the price is believed to continue to rise. By looking at the end of the year like this, of course, the optimism of traders will be greater considering the market habits at the end of each year

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October 22, 2021, 02:13:27 PM
 #146

Yes we finally saw a new BTC ATH few days ago and the new ATH continues to be set at $69k this is great for BTC money lovers and we can all continue BTC ATH will hit $100k, I believe and hope BTC in future hit $100k, boring boring days are over and now we can enjoy the fruit and joy that all investors we have persisted in holding BTC for a long time.
A very unexpected harvest from bitcoin but after hitting this record high, especially in the US market, almost a lot of people are confused about the phenomenon of bitcoin, no one thinks its value has such a high breakthrough after so much bad news from China, so protecting the current harvest is important, other record prices may need recognition and emotional neutralization for people to adapt better. And even though bitcoin is doing very well, altcoin investors like us are still not seeing any concrete gains, even while holding the top altcoins, values have not yet been adjusted for a corresponding scaling

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October 22, 2021, 03:02:52 PM
 #147

Yes we finally saw a new BTC ATH few days ago and the new ATH continues to be set at $69k this is great for BTC money lovers and we can all continue BTC ATH will hit $100k, I believe and hope BTC in future hit $100k, boring boring days are over and now we can enjoy the fruit and joy that all investors we have persisted in holding BTC for a long time.
yes, it's true that the price of bitcoin managed to break through ATH which was reached in April, but it's a shame that the price above ATH only lasted for a very short time because after that the price corrected again. but there is no need to worry because this year the bitcoin price is often corrected but is able to recover quickly and after that the bitcoin price will reach a much higher price than before.

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October 22, 2021, 03:37:44 PM
 #148

The rapid development of bitcoin should be followed by the real adoption of ATM, unfortunately there are too many rules in various countries so that it becomes an obstacle to making ATMs, many companies want to make ATMs and I'm sure ATMs with the bitcoin logo will soon appear.


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October 22, 2021, 03:41:07 PM
 #149

Today there has been a new ATH price of $64800 but I believe new ATH now is the start of a bull run at least until it can touch $100k before the year ends, as long as bitcoin holders who have been patient and went through a difficult time some time ago, and continue to hold is a better option than selling now.
Today the ATH was $66930 as you can see it from coinmarketcap(https://coinmarketcap.com/currencies/bitcoin/). If something abnormal not happen then the price will go higher and expected $100k as you also mentioned it. Holding my assets to get more profit from it. Miracle will happen soon.

You are right, however many people are waiting for the target at $ 100k, according to the S2F model it is a fact that the movement will take place and not only because of the S2F model, but also many analysts and investors on Wall Street who affirm and assure that the BTC it can reach up to $ 168k at any time, and if we look at the impact of the ETF it has caused it to emerge on its first day with more than $ 1000M, and it is a huge figure for an ETF.

Undoubtedly this triggered a bullish trend for BTC and it is already happening, of course you must wait at least a month to see how much the price can rise and stabilize or simply continue to rise.

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matchi2011
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October 22, 2021, 04:08:54 PM
 #150

Yes we finally saw a new BTC ATH few days ago and the new ATH continues to be set at $69k this is great for BTC money lovers and we can all continue BTC ATH will hit $100k, I believe and hope BTC in future hit $100k, boring boring days are over and now we can enjoy the fruit and joy that all investors we have persisted in holding BTC for a long time.
yes, it's true that the price of bitcoin managed to break through ATH which was reached in April, but it's a shame that the price above ATH only lasted for a very short time because after that the price corrected again. but there is no need to worry because this year the bitcoin price is often corrected but is able to recover quickly and after that the bitcoin price will reach a much higher price than before.
the chance that it will pump back and re-try to reach another new ATH still possible, the news about ETF is a lasting effect.
for now we should enjoy the what the success bitcoin brings and all this speculation and hope are being proven all along,

Morebexpected new ATH before the year end is very likely to take place. Keep your faith high and continue to support if you are planning
for long-term investment.

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October 22, 2021, 05:46:04 PM
 #151

Morebexpected new ATH before the year end is very likely to take place. Keep your faith high and continue to support if you are planning
for long-term investment.
Previously I had made a mistake in my analysis that bitcoin won't hit ATH more than $64K again this year. Turns out I was wrong with that analysis due to the fact bitcoin made it past $64K again and that's what bitcoin really is and it's a fact that sometimes what we research isn't necessarily correct and the price can go up quickly forming new ATH. So a higher ATH than now is still very likely to happen again because something we believe usually happen at the end of the year.

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October 22, 2021, 08:11:05 PM
 #152

Morebexpected new ATH before the year end is very likely to take place. Keep your faith high and continue to support if you are planning
for long-term investment.
Previously I had made a mistake in my analysis that bitcoin won't hit ATH more than $64K again this year. Turns out I was wrong with that analysis due to the fact bitcoin made it past $64K again and that's what bitcoin really is and it's a fact that sometimes what we research isn't necessarily correct and the price can go up quickly forming new ATH. So a higher ATH than now is still very likely to happen again because something we believe usually happen at the end of the year.
Lots had anticipated that including me for which i have presume that breaking ATH would be still on next year or into the next but the price had rose up unexpectedly which it did really break the resistance but wasnt really that too far off and now the price had corrected which isnt surprising but im already anticipating that it wouldnt really be that easy on reaching out new levels
and possible big movement would happen on next year but well all of those were just presumptions because market is way too unpredictable.There's no way on knowing on what
are the things will be happening ahead.So you should be wise on making out decisions in regards with your position.

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October 22, 2021, 10:06:04 PM
 #153

And to think that back in March 2020 I thought bitcoin wasn't even going to hit $30k for a year or two.  Silly me.
On the defense of all of those that were kind of negative about our predictions about bitcoin back then I think it was justified, the price crashed due to the huge external pressures bitcoin was facing, with a weak stock market and the pandemic spreading all over the world, at the time it was still unknown how lethal this new virus was and there were stories of people dropping dead the same day they showed some symptoms, plus there were not enough supplies to try to protect yourself and you had to do it with whatever you could find, fortunately when it comes to bitcoin things have improved since then.
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October 22, 2021, 11:36:14 PM
 #154

The rapid development of bitcoin should be followed by the real adoption of ATM,
Bitcoin ATMs? Don't be quick with that because that's one just basis to see if adoption is truly happening. Some states in the US have a lot of it and there's an actual adoption that's happening in other parts of the world too even without those bitcoin atms.

unfortunately there are too many rules in various countries so that it becomes an obstacle to making ATMs, many companies want to make ATMs and I'm sure ATMs with the bitcoin logo will soon appear.
It's not a problem actually if there are countries that prohibit the construction or deployment of bitcoin ATMs into their cities. Do not forget that bitcoin is digital and we have our wallets on our phones.

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October 24, 2021, 11:08:51 AM
 #155

The rapid growth of DeFi is helping to leverage the price. Another thing is that United States SEC department that registered ETF that contains crypto. It is undeniably that price would hike up unless major Fud spread again just like Musk did last May. A 100K might be achievable within this year and could even rise up more next year.
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October 24, 2021, 03:11:14 PM
 #156

This year is full of surprises as major companies have bought bitcoin and people’s interest in cryptocurrency has surged and in the months of April and October we have already seen the new ATH of bitcoin and I think the $100K level this year will not be surprising, the overall crypto market is also approaching ATH and in my opinion, It will soon set other records. leading analysts believe that the recent rally is the start of a major bull run that will see Bitcoin and other cryptocurrencies exploded.

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October 24, 2021, 04:56:32 PM
 #157

growth is still continuing and 2021 is still 2 months away and of course this is still a very long time and very enough I think for bitcoin to penetrate and break its ATH.
but this is just a hope whether it really happens or not we can all just wait for this.
As for speculation, I think everyone has their own speculation for this and of course all investors and traders hope for the best so that bitcoin can penetrate the new ath.

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October 24, 2021, 05:16:57 PM
 #158

We already see bitcoin reaches a new ATH this year and hopefully, we will see another ATH in the rest of this year so we can get 3 times ATH this year. But that will happen if there is a big demand to buy bitcoin that can increase the price. However, the price now is at $60k means, that the price is down again this day after reaching $61k.

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October 24, 2021, 06:43:21 PM
 #159

We already see bitcoin reaches a new ATH this year and hopefully, we will see another ATH in the rest of this year so we can get 3 times ATH this year. But that will happen if there is a big demand to buy bitcoin that can increase the price. However, the price now is at $60k means, that the price is down again this day after reaching $61k.
Crypto adaption is increasing day by day, I see crypto related projects sponsoring lots of things these days, like the teams playing in Premiere League, many local news channels being sponsored by crypto exchanges. So people when they watch these adverts start to see what the heck is bitcoin and share it with others and many also buy Bitcoins which is increasing demand and thus the price of bitcoin.
I also deeply feel that we can witness another ATH which is very close once the market starts to pump again.

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October 25, 2021, 12:48:26 PM
 #160

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?

And finally we have seen that bitcoin managed to reach a new ATH again this year at the level of $66k and surpassed the previous ATH which was at $64k last April, this achievement certainly proves to us that bitcoin will continue to grow and become more valuable even though currently there are some governments who want to stop the growth of bitcoin, but this does not make bitcoin die, because so far bitcoin has been adopted by many people and investors or by other individuals.

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