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Author Topic: 60k price recovery achieved  (Read 1087 times)
cryptomaniac_xxx
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November 12, 2021, 10:05:46 AM
 #141

Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
Since the bitcoin price managed to break the new ATH record it reached a few days ago, the upward trend in the price will continue in the rest of 2021. Even after the bitcoin ATH break a few days ago, many analysts predict the bitcoin price towards $100k early next year. Therefore, if you are a long-term investor, don't worry when the Bitcoin price drops slightly, take this opportunity to buy.

I understand your optimism, but you have to understand that it will take some time. There's no such thing as parabolic rise, and if there is, it's not going to be healthy in the long run as this might case another collapse in the price.

So we are still in the $60k'ish range after reaching another all time high this month. Others might call this correction or some minor pullback. But it's just normal, and we have to wait if we can really get to $100k or not this year or at least early 2022.

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November 12, 2021, 12:22:06 PM
 #142

Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
Since the bitcoin price managed to break the new ATH record it reached a few days ago, the upward trend in the price will continue in the rest of 2021. Even after the bitcoin ATH break a few days ago, many analysts predict the bitcoin price towards $100k early next year. Therefore, if you are a long-term investor, don't worry when the Bitcoin price drops slightly, take this opportunity to buy.

I understand your optimism, but you have to understand that it will take some time. There's no such thing as parabolic rise, and if there is, it's not going to be healthy in the long run as this might case another collapse in the price.

So we are still in the $60k'ish range after reaching another all time high this month. Others might call this correction or some minor pullback. But it's just normal, and we have to wait if we can really get to $100k or not this year or at least early 2022.

That could happen since the market is still bullish, however, we also have to pay attention on what happen in the past because after bitcoin reach a bull run, the heavy correction happen so we should never neglect that possibility so we can make a timely decision on selling and not waiting until the pice will dip so much because we can always buy bitcoin at dip.

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November 12, 2021, 02:50:30 PM
 #143

Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
Since the bitcoin price managed to break the new ATH record it reached a few days ago, the upward trend in the price will continue in the rest of 2021. Even after the bitcoin ATH break a few days ago, many analysts predict the bitcoin price towards $100k early next year. Therefore, if you are a long-term investor, don't worry when the Bitcoin price drops slightly, take this opportunity to buy.
Hopefully, that can happen before the end of this year so we can celebrate the highest price of bitcoin by selling some bitcoin to make a big profit. And when the price drops again, that will be your good time to buy more bitcoin at a low price so you only need to hold with the other amounts of bitcoin that you already have. The last ATH can be broken in the future because bitcoin price can go towards the next highest price so we should have more patience to wait for that time.

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November 12, 2021, 04:29:11 PM
 #144

Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
Since the bitcoin price managed to break the new ATH record it reached a few days ago, the upward trend in the price will continue in the rest of 2021. Even after the bitcoin ATH break a few days ago, many analysts predict the bitcoin price towards $100k early next year. Therefore, if you are a long-term investor, don't worry when the Bitcoin price drops slightly, take this opportunity to buy.
Hopefully, that can happen before the end of this year so we can celebrate the highest price of bitcoin by selling some bitcoin to make a big profit. And when the price drops again, that will be your good time to buy more bitcoin at a low price so you only need to hold with the other amounts of bitcoin that you already have. The last ATH can be broken in the future because bitcoin price can go towards the next highest price so we should have more patience to wait for that time.
Yes, most people predict that by the end of this year, the end of December to be exact, the bitcoin price is predicted to hit 100K and there are still a few more weeks to get there.
and I am still optimistic that it will happen and the current decline is the right time to buy bitcoin, and every time there is a new ATH there will be a decline or correction and after that it will rise again and exceed the previous ATH, so this decline is the right time to grow ownership because the new ATH will exist again and continue like that.

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November 12, 2021, 08:05:56 PM
 #145

Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
Since the bitcoin price managed to break the new ATH record it reached a few days ago, the upward trend in the price will continue in the rest of 2021. Even after the bitcoin ATH break a few days ago, many analysts predict the bitcoin price towards $100k early next year. Therefore, if you are a long-term investor, don't worry when the Bitcoin price drops slightly, take this opportunity to buy.
Hopefully, that can happen before the end of this year so we can celebrate the highest price of bitcoin by selling some bitcoin to make a big profit. And when the price drops again, that will be your good time to buy more bitcoin at a low price so you only need to hold with the other amounts of bitcoin that you already have. The last ATH can be broken in the future because bitcoin price can go towards the next highest price so we should have more patience to wait for that time.
Yes, most people predict that by the end of this year, the end of December to be exact, the bitcoin price is predicted to hit 100K and there are still a few more weeks to get there.
and I am still optimistic that it will happen and the current decline is the right time to buy bitcoin, and every time there is a new ATH there will be a decline or correction and after that it will rise again and exceed the previous ATH, so this decline is the right time to grow ownership because the new ATH will exist again and continue like that.
Another great opportunity to buy back at it is very cheap again. Yes, we still have a full month of December to really push the price to 6 digits, but we need some news to sell it to investors, a FOMO. Not sure what news it was or probably another ETF approved.

But I still positive that we are still very much in the bull run session, it's that that we need to stop this herd from running, refuel and give some breather. Because once again, if this bull continue to run up to December it will be hard to stop.

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November 12, 2021, 08:10:39 PM
 #146

But I still positive that we are still very much in the bull run session, it's that that we need to stop this herd from running, refuel and give some breather. Because once again, if this bull continue to run up to December it will be hard to stop.
There's enough reason for a bull run this month of bitcoin continues to pump, but it failed and didn't happen despite achieving a new ATH again. So now, we are again struggling to reach $70,000 as the trend is going down, maybe it's a little correction only but who knows it could also be the start of the bear market.

Lots of possibilities, we cannot just close our eyes on the bear market although the bull market is what affected our state of mind now.

Anyway, good luck to those who buy now, maybe you'll get quick profits, maybe not.
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November 12, 2021, 08:18:32 PM
 #147

But I still positive that we are still very much in the bull run session, it's that that we need to stop this herd from running, refuel and give some breather. Because once again, if this bull continue to run up to December it will be hard to stop.
There's enough reason for a bull run this month of bitcoin continues to pump, but it failed and didn't happen despite achieving a new ATH again. So now, we are again struggling to reach $70,000 as the trend is going down, maybe it's a little correction only but who knows it could also be the start of the bear market.

Lots of possibilities, we cannot just close our eyes on the bear market although the bull market is what affected our state of mind now.

Anyway, good luck to those who buy now, maybe you'll get quick profits, maybe not.
The bullrun session is still there it's not about the failure to hit the ATH record but the usual correction and not the start of a bear market either.
Remember anyone who dares to buy now he's pretty great I believe $70k can still be penetrated this month and don't think much about the bear market but in times of correction we must quickly buy for short term profits.
Even though a lot of anxiety is going on about bitcoin still not surviving but that hope is still there in the next bullrun session.

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November 12, 2021, 09:00:38 PM
 #148

I understand your optimism, but you have to understand that it will take some time. There's no such thing as parabolic rise, and if there is, it's not going to be healthy in the long run as this might case another collapse in the price.

So we are still in the $60k'ish range after reaching another all time high this month. Others might call this correction or some minor pullback. But it's just normal, and we have to wait if we can really get to $100k or not this year or at least early 2022.
There is no such thing as parabolic rise? Have you ever met any crypto in your life? Cheesy. All jokes aside this is a parabolic rise, it moved from nearly 29k to close to 68k at the top, THAT is a parabolic rise. Sure it took a while maybe compared to crypto increases, but it was simply just 2 months, literally just 2 months. We should be very hopeful about the future of crypto.

I am not saying that it will be going up forever and we will never have any crash at all, of course we will have some drops in the future and of course it could be tomorrow as well. However, if you want to be hopeful about the crypto world then you could be, there is nothing stopping you from doing that. This is why I am quite happy about what we are doing right now, and you should be happy about it as well, let it go up as much as it can before we have that famous drop that everyone expects.

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November 12, 2021, 10:16:44 PM
 #149

There is no such thing as parabolic rise? Have you ever met any crypto in your life? Cheesy. All jokes aside this is a parabolic rise, it moved from nearly 29k to close to 68k at the top, THAT is a parabolic rise. Sure it took a while maybe compared to crypto increases, but it was simply just 2 months, literally just 2 months. We should be very hopeful about the future of crypto.

<<>>

As it's a parabolic rise, I fear that we may witness another drop in the value of btc before it gets charged again. But that fear is for those who will get liquidated in futures, I will maximize my btc holdings if it shoots itself downwards. I don't think of a collapse but a pullback is absolutely possible and necessary too because even in a parabolic run, btc can't go up and up only, may come down again but slowly.
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November 12, 2021, 10:51:26 PM
 #150

There is no such thing as parabolic rise? Have you ever met any crypto in your life? Cheesy. All jokes aside this is a parabolic rise, it moved from nearly 29k to close to 68k at the top, THAT is a parabolic rise. Sure it took a while maybe compared to crypto increases, but it was simply just 2 months, literally just 2 months. We should be very hopeful about the future of crypto.

<<>>

As it's a parabolic rise, I fear that we may witness another drop in the value of btc before it gets charged again. But that fear is for those who will get liquidated in futures, I will maximize my btc holdings if it shoots itself downwards. I don't think of a collapse but a pullback is absolutely possible and necessary too because even in a parabolic run, btc can't go up and up only, may come down again but slowly.

There is still the element of time in a parabolic rise in my opinion. Although bitcoin has risen tremendously, it take some time before we reach today's price as compare to a parabolic rise which is very short and super fast like in December 2017. Unfortunately, it followed a bear market and that is what we are trying to not happen as well (although bear market is inevitable).

That's why there are proponents who just love to see a steady rise in prices and not that very quick rise of $10k or higher in matter of days because it's not healthy in the long run.

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November 12, 2021, 11:49:25 PM
 #151

There is no such thing as parabolic rise? Have you ever met any crypto in your life? Cheesy. All jokes aside this is a parabolic rise, it moved from nearly 29k to close to 68k at the top, THAT is a parabolic rise. Sure it took a while maybe compared to crypto increases, but it was simply just 2 months, literally just 2 months. We should be very hopeful about the future of crypto.

<<>>

As it's a parabolic rise, I fear that we may witness another drop in the value of btc before it gets charged again. But that fear is for those who will get liquidated in futures, I will maximize my btc holdings if it shoots itself downwards. I don't think of a collapse but a pullback is absolutely possible and necessary too because even in a parabolic run, btc can't go up and up only, may come down again but slowly.
Drop?

It wont be called a market if we dont have those drops and corrections because we cant really just see a condition on where we do have some continous price increase thats why you should really anticipate for those probabilties to happen.

For now we are hovering in 64k price point and i do believe that it would stay up for a while on these levels before we do able to
break that 70k price level.

As a trader or investor then you should know on how to utilize these movement for your benefit.
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November 13, 2021, 01:50:00 AM
 #152

Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
Since the bitcoin price managed to break the new ATH record it reached a few days ago, the upward trend in the price will continue in the rest of 2021. Even after the bitcoin ATH break a few days ago, many analysts predict the bitcoin price towards $100k early next year. Therefore, if you are a long-term investor, don't worry when the Bitcoin price drops slightly, take this opportunity to buy.
Hopefully, that can happen before the end of this year so we can celebrate the highest price of bitcoin by selling some bitcoin to make a big profit. And when the price drops again, that will be your good time to buy more bitcoin at a low price so you only need to hold with the other amounts of bitcoin that you already have. The last ATH can be broken in the future because bitcoin price can go towards the next highest price so we should have more patience to wait for that time.
Yes, most people predict that by the end of this year, the end of December to be exact, the bitcoin price is predicted to hit 100K and there are still a few more weeks to get there.
and I am still optimistic that it will happen and the current decline is the right time to buy bitcoin, and every time there is a new ATH there will be a decline or correction and after that it will rise again and exceed the previous ATH, so this decline is the right time to grow ownership because the new ATH will exist again and continue like that.
Indeed. The growth of bitcoin price tends slowly but sure so that gives us a chance to accumulate more bitcoin. It is exciting to follow bitcoin moving as we can actually buy low and sell high and make some profit before we can make a big profit in the next high peak. But we have different reason why we buy bitcoin because some people will want to sell their bitcoin in a long term while the other people are trying to make a profit from the up and down of the price.

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November 13, 2021, 02:23:44 AM
 #153

Anyway, good luck to those who buy now, maybe you'll get quick profits, maybe not.
The lowest yesterday was $62,000 so if there's someone who have bought at that price but it's not that much that he has spent, it's just a little profit.

The higher capital, the higher profit that shall get. While bitcoin recovered the firsts corrections, now we're about to see that it will recover to the next goal which is going back to $66k and going for the barrier.

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November 13, 2021, 04:14:39 AM
 #154

Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
The potential for bitcoin prices to reach a new all-time high is quite good, bitcoin is still playing in the uptrend area, it is seen that bitcoin prices are still forming bullish with the potential for an increase to the level of $70k, although there is a slight correction at this time, it is still a natural thing to happen. Therefore, I believe that the price of bitcoin will experience a significant increase in the remainder of the year.

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November 13, 2021, 03:31:14 PM
 #155

Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
The potential for bitcoin prices to reach a new all-time high is quite good, bitcoin is still playing in the uptrend area, it is seen that bitcoin prices are still forming bullish with the potential for an increase to the level of $70k, although there is a slight correction at this time, it is still a natural thing to happen. Therefore, I believe that the price of bitcoin will experience a significant increase in the remainder of the year.
but indeed so far if we look at the past few months, every bitcoin has reached ATH, there will be a correction again, and this behavior continues to be carried out by bitcoin. clearly this is a sign that indeed bitcoin is on the path to improvement.
as analyzed by all analysts it is not impossible that indeed bitcoin will reach its maximum increase by the end of this year.

it is not impossible that indeed what some analysts have been saying so far is that there will be an increase of up to $100K by bitcoin by the end of this year. I myself actually think that bitcoin will actually be able to reach more than the price of the analysis.

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November 13, 2021, 04:31:42 PM
 #156

There is no such thing as parabolic rise? Have you ever met any crypto in your life? Cheesy. All jokes aside this is a parabolic rise, it moved from nearly 29k to close to 68k at the top, THAT is a parabolic rise. Sure it took a while maybe compared to crypto increases, but it was simply just 2 months, literally just 2 months. We should be very hopeful about the future of crypto.

<<>>

As it's a parabolic rise, I fear that we may witness another drop in the value of btc before it gets charged again. But that fear is for those who will get liquidated in futures, I will maximize my btc holdings if it shoots itself downwards. I don't think of a collapse but a pullback is absolutely possible and necessary too because even in a parabolic run, btc can't go up and up only, may come down again but slowly.

I completely disagree that the $30K-60K recovery was a parabolic rise. But instead of simply arguing this theory, I will prove it:



Note how a parallel channel can *so far* be drawn for the price, with a mid-level as a consistent average. There is additionally no third touch-point of support to confirm a parabolic rise.



This is what a parabolic rise looks like, it's a curve not a straight line. It's based on exponential growth, rather than linear growth. It matters not that price went up by 2x in recent months.

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November 13, 2021, 06:03:27 PM
 #157

Anyway, good luck to those who buy now, maybe you'll get quick profits, maybe not.
The lowest yesterday was $62,000 so if there's someone who have bought at that price but it's not that much that he has spent, it's just a little profit.

The higher capital, the higher profit that shall get. While bitcoin recovered the firsts corrections, now we're about to see that it will recover to the next goal which is going back to $66k and going for the barrier.

I'm sure there are many short-term traders who makes some good profits after this bounce, the market is bringing good hype again after losing some momentum, I'm afraid that there are also many loses which most of them are in the class of newcomers, they are the victims of this volatility, make sure to understand how the market works before you engage yourself into this business, it's very dangerous especially to those who are impatient.

The market is a good venue to earn if you know what you are doing and you fully understand how to play with the situation, if
you don't have that much, better to seek for good education first before you push ahead.

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November 13, 2021, 06:58:30 PM
 #158

Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
That's right, the decline that occurred in bitcoin at that time slowly recovered by itself, this had an impact on bitcoin to continue to be pumped gradually, and it is likely that bitcoin will continue to attract strongholds before the end of the year, until it reaches the price expected by most large investors, if this pattern continues, it is certain that bitcoin will be at a high price at the end of this year, so that everyone will see the start of the year with joy.
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November 13, 2021, 08:08:47 PM
 #159

Ever since the Bitcoin all-time high price of 64k in April 2021 before it drops below 30k before recovering gradually and today another landscape was achieved with Bitcoin now selling for $60,234 this price indicates another exciting bull season before the end of the year 2021.
That's right, the decline that occurred in bitcoin at that time slowly recovered by itself, this had an impact on bitcoin to continue to be pumped gradually, and it is likely that bitcoin will continue to attract strongholds before the end of the year, until it reaches the price expected by most large investors, if this pattern continues, it is certain that bitcoin will be at a high price at the end of this year, so that everyone will see the start of the year with joy.
We need to see a new ATH in order for bitcoin to pump again, it's very stable now, and it doesn't signal that anything big could happen, still depends on the news in the crypto world, if we have some positive news to hype people, then most likely we will witness a huge pump again and those who buy during the slight correction might again enjoy a short term profit.
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November 14, 2021, 09:21:14 PM
 #160

Anyway, good luck to those who buy now, maybe you'll get quick profits, maybe not.
The lowest yesterday was $62,000 so if there's someone who have bought at that price but it's not that much that he has spent, it's just a little profit.

The higher capital, the higher profit that shall get. While bitcoin recovered the firsts corrections, now we're about to see that it will recover to the next goal which is going back to $66k and going for the barrier.

I'm sure there are many short-term traders who makes some good profits after this bounce, the market is bringing good hype again after losing some momentum, I'm afraid that there are also many loses which most of them are in the class of newcomers, they are the victims of this volatility, make sure to understand how the market works before you engage yourself into this business, it's very dangerous especially to those who are impatient.

The market is a good venue to earn if you know what you are doing and you fully understand how to play with the situation, if
you don't have that much, better to seek for good education first before you push ahead.
Yup.

It is for sure that many have made a lot during the bounce back. Those that have been losing, it's either they take that as a very big lesson of not going along with any hype made by the market.

Because the next time they see the market on the same pattern, they're the ones that will capitalize the situation of the market and won't be a loser any longer.

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