Bitcoin's new All Time High (ATH) has been reached this year again (X2)

[Davian144]

I'm not surprised that Bitcoin has been able to surpass a new ATH again this year, which means Bitcoin has experienced twice ATH this year in different months with not so long duration, which is about 6 months(+ -), and this is lagging -again proving that Bitcoin continues to strengthen and is trusted by everyone, but what I'm surprised is that all the popular Altcoins in the market have not reached their new ATH after having reached it together with Bitcoin in the previous 6 months.
What do you think this is affected by ? so Altcoin looks very difficult to increase now

[bussybuddy]

The way I feel over time, it doesn't seem to be the case when we look back at BTC at this price point.
Maybe time testing for new entrants time has passed, and we should see a new cycle easily identified with this field. And now we are on an uptrend with BTC, I am alone with people who give me advice on BTC falling to $20k.

[Davian144]

The way I feel over time, it doesn't seem to be the case when we look back at BTC at this price point.
Maybe time testing for new entrants time has passed, and we should see a new cycle easily identified with this field. And now we are on an uptrend with BTC, I am alone with people who give me advice on BTC falling to $20k.

Have you seen BTC ever drop to $20K this year after finding its first ATH of the year? because what is happening now is the second ATH and I personally have never seen that Bitcoin can experience ATH up to two times within a year, so this is certainly very extraordinary and very real.

[coinzzzpro]

I'm not surprised that Bitcoin has been able to surpass a new ATH again this year, which means Bitcoin has experienced twice ATH this year in different months with not so long duration, which is about 6 months(+ -), and this is lagging -again proving that Bitcoin continues to strengthen and is trusted by everyone, but what I'm surprised is that all the popular Altcoins in the market have not reached their new ATH after having reached it together with Bitcoin in the previous 6 months.
What do you think this is affected by ? so Altcoin looks very difficult to increase now

When Bitcoin is stable, then alcoins grow. this year I expect BTC = $140,000 by the end of the year. This will be the last rally, the final stage of growth, it is important to have time to earn on this market.

[OcTradism]

Bitcoin has its new all time high for daily close price. The new all time high is coming but it won't have to happen this week, this month or this year. It can happen anytime, this year or next year. You only need patience and wait for it.

If you believe in Stock to flow model and history of RSI, Bitcoin will have a new all time high.

[Ararbermas]

Well probably it's not surprising that its happening this year wherein there's a 2x all time high. because infact we all knows there's a lot of good news about bitcoin as well, so this is normal, and its not yet done because we still have couple of months before this year end and for sure there's still a chance for bitcoin to surge more if it didn't show a negative results..

[Nasuhalugu]

The current market situation is different from the market situation and conditions in 2017. According to my observations, since 2020 until now, the growth of Altcoins seems to no longer follow the increase in the price of Bitcoin, but when Bitcoin falls in price, Altcoins follow it. The reason why, until now we are still studying.

[Oceat]

I think this is the first time when Bitcoin hits the ATH twice, I think it didn't happen before. We still got 2 more months before the year end and it would be a matter of time before Bitcoin would hit a new ATH and go break the $70k. People's anticipation of the SEC approval are bringing the price to what it is today.

Altcoins on the other hand will be doing its part just like what it did in the past since it's just following the trend of Bitcoin but not every altcoins will get pump its price. Speculators of altcoins and Bitcoin are on another level of discussion again when they talk about prices.

[Erdogan]

I wouldn't say that this is something extraordinary. The cryptocurrency market has not really been in a bearish market. The entire year of 2021 is the period of the same bull market, so we should not be talking about two different ATHs. I think Bitcoin is able to reach the new ATH a few more times by the end of the year, but then we will not count every dollar more as a new ATH.

[Tytanowy Janusz]

but what I'm surprised is that all the popular Altcoins in the market have not reached their new ATH after having reached it together with Bitcoin in the previous 6 months.
What do you think this is affected by ? so Altcoin looks very difficult to increase now

People gamble on alts (99% of atcoins are worth 0) when BTC is boring and its hard to trade it. When its stuck in consolidation for weeks. There is no need of trading altcoins when btc do +60% in 20 days. People simply trade BTC. But as soon as BTC will stop a little money will flow to alts creating new alt seazon. I think that sooner or later alts will reach new ATH and yell better return than BTC. The only next alt seazon killer would be BTC rally stop with -30% red 1 day dildo.

[OcTradism]

People gamble on alts (99% of atcoins are worth 0) when BTC is boring and its hard to trade it. When its stuck in consolidation for weeks.

Furthermore, when Bitcoin do 30% to 60% positively in a few days or couple of weeks, altcoins will drop in BTC values. You can not trade altcoins profitably if you long them.

There is no need of trading altcoins when btc do +60% in 20 days. People simply trade BTC.

Trade Bitcoin or hold it and try to take profit before you switch to altcoins.

But as soon as BTC will stop a little money will flow to alts creating new alt seazon. I think that sooner or later alts will reach new ATH and yell better return than BTC. The only next alt seazon killer would be BTC rally stop with -30% red 1 day dildo.

The altcoin season is the last thing to happen in any market wave. After an altcoin season, the market will be corrected and it will need a few months to have a new big season in bull run. In bear market, we will have to wait one to two years to go through a winter season.

[bittraffic]

but what I'm surprised is that all the popular Altcoins in the market have not reached their new ATH after having reached it together with Bitcoin in the previous 6 months. What do you think this is affected by ? so Altcoin looks very difficult to increase now

I have also noticed that. For over the years of having bullrun and bear market,  investors have realized that its BTC will always have value, and altcoins are often going to be inferior especially if you only hold a few.

Some altcoins have not even breached their ATH since 2017, it's just that if an altcoin has POS, most of the holders who stake will sell every now and then the tokens they earned from staking. Even if the altcoins have usecase, they will not gain investors unless they really have the marketing as well.

[btc_angela]

but what I'm surprised is that all the popular Altcoins in the market have not reached their new ATH after having reached it together with Bitcoin in the previous 6 months. What do you think this is affected by ? so Altcoin looks very difficult to increase now

I have also noticed that. For over the years of having bullrun and bear market,  investors have realized that its BTC will always have value, and altcoins are often going to be inferior especially if you only hold a few.

Some altcoins have not even breached their ATH since 2017, it's just that if an altcoin has POS, most of the holders who stake will sell every now and then the tokens they earned from staking. Even if the altcoins have usecase, they will not gain investors unless they really have the marketing as well.

It only means that alt coin investors is simply moving their funds to btc market now for obvious reasons. And that's what trigger the ATH that we witnessed in the last 24 hours. But then again the same investors will get out of their position for pure profits and maybe reinvest on alt coin market again because they know that it's easy to manipulate alt coin market.

[btc78]

I'm not surprised that Bitcoin has been able to surpass a new ATH again this year, which means Bitcoin has experienced twice ATH this year in different months with not so long duration, which is about 6 months(+ -), and this is lagging -again proving that Bitcoin continues to strengthen and is trusted by everyone, but what I'm surprised is that all the popular Altcoins in the market have not reached their new ATH after having reached it together with Bitcoin in the previous 6 months.
What do you think this is affected by ? so Altcoin looks very difficult to increase now

I have strong belief since this year that ATH will be keep on broken again and again , when the price Hit 64k and then drops down to below 30k? all i think is that another ATH is coming because of this uncertain movement and i am not wrong because here we are again and in this moving i know another ATH will come before the year ends.
100k? who can say right>? but at least we will break 70k within this October in that i am certain.

[sunsilk]

It is okay if the altcoins aren't doing that much but you have to look for a few of them because they're also going up. But with the usual cycle, if you're looking for the going up of the other altcoins.

They're going up whenever bitcoin's rise is already done. So usually, they're increasing after bitcoin's push-up. What if we see another historical move of bitcoin that we get to see for another ATH within this year and that's still possible.

[bitterguy28]

It is okay if the altcoins aren't doing that much but you have to look for a few of them because they're also going up. But with the usual cycle, if you're looking for the going up of the other altcoins.

They're going up whenever bitcoin's rise is already done. So usually, they're increasing after bitcoin's push-up. What if we see another historical move of bitcoin that we get to see for another ATH within this year and that's still possible.

mostly it is Bitcoin that makes the way starting the hype and then when it ends we will see altcoin following the move so Lets just Make this moment a Bitcoin solely moment and we will see some altcoins in the next.

i checked the market early today when i woke up and guess , i can't believe what I am seeing and thought i am still dreaming.

but after multiple refresh in the market indeed the price rose up to 66k lol.

[davis196]

The way I feel over time, it doesn't seem to be the case when we look back at BTC at this price point.
Maybe time testing for new entrants time has passed, and we should see a new cycle easily identified with this field. And now we are on an uptrend with BTC, I am alone with people who give me advice on BTC falling to $20k.

Have you seen BTC ever drop to $20K this year after finding its first ATH of the year? because what is happening now is the second ATH and I personally have never seen that Bitcoin can experience ATH up to two times within a year, so this is certainly very extraordinary and very real.

The so called "all time high" (ATH) is just a number.This year,the price reached the ATH two times,but what can we say about 2013,when the price went from 16USD to more than 1200USD.
The Bitcoin price was reaching a new ATH every hour for a couple of weeks during the 2013 price bubble.
That's multiple ATHs in a short time frame. The Bitcoin community wasn't so obsessed with ATHs back then.
Anyway,many people regret that they didn't bought BTC before this bull run,so now they simply wish the price to drop back to 20K USD.The amount of FUD will go thru the roof in the next weeks.

[arufox]

In my opinion, the recent record ATH Bitcoin has given hope for a bullish market that will continue to strengthen in the future. Although the new ATH of altcoins has not yet been reached at the same time as bitcoin, I believe that altcoins will also spur significant increases to reach new ATH in the near future.

[michellee]

In my opinion, the recent record ATH Bitcoin has given hope for a bullish market that will continue to strengthen in the future. Although the new ATH of altcoins has not yet been reached at the same time as bitcoin, I believe that altcoins will also spur significant increases to reach new ATH in the near future.

But we need to have more patients because the bitcoin price now is down to $63k and hopefully, that price will not go down below $62k. We are almost on the weekend, so we need to prepare if the correction still happens next week. But we have more chances to see another high price in the next weeks. The ATH for the altcoin will come as what we saw to bitcoin but we need to wait for more.

[The Cryptovator]

Touching a new ATH is not surprising to me because the new ATH was nearby the previous ATH. I am expecting one more ATH which should be above $70K. But it was pretty surprising to me that all of the alt coins did not follow the Bitcoin trend.  I am assuming that the investors are playing with Bitcoin and did not concentrate it on altcoin. Most probably if Bitcoin is stable in a zone then investors would move to the altcoin and definitely, altcoin would start to move upward in case Bitcoin does not start the dump. As we know cryptocurrency is dependent on fresh investors so we have to wait and see.