New All Time High Baby! - $68,742.31

[sirminesalot]

As Bitcoin reaches a new high, it has sparked a wave of excitement about the prospect of it being mainstreamed. I actually really like that feeling. Despite jumping to a record high on Wednesday morning, no one knows where Bitcoin will be by the end of the year.
BTW! Did anyone notice this drop? BTC flash sale!

Quick correction and really worth to buy if you want to make quick profits, price will go up again tommorow probably or will stay there for a lil bit longer waiting for alts to rise. But it's still worth to buy some bitcoin at current price.
Media is spreading good news right now and it will make new investors coming and make the old investors coming back after the big drop this year.
Hope it will brings good to the future.

[Ultegra134]

I wonder how many people gained valuable experience in the past couple of months regarding FUD and how it aims to prevent them from buying bitcoin in the dip. Are people who sold in the dip instead going to repeat it again?

Where do we settle in for the next leg of accumulation?

My best guess is above $100k after people are surprised with the shoot up to $150 and then a small drop occurs before we go another 2x up.

Although I do understand where you're coming from, there are no guarantees here, are they? I can't actually blame those who were afraid, it's quite disappointing to see your money lose value over time. However, I wasn't really concerned myself, when Bitcoin crashed below $30,000 back in March 2020, while it did disturb me, I was positive that it'd recover eventually.

[Review Master]

Congrts to those new users who hodl till now and diamond hand hodlers always on moon.  Although exchanges are having high volatility where btc took flash dump and recover instantly. Fun part, binance us is having the lowest price of $8.2k and future traders got rekt or short traders were luck to get profit. As a result, we get small correction after making new ATH and it's time to move slowly, but $100k milestone is on the way. 

[palle11]

I didn't expect the ATH to come this week but it did. It didn't show clear speed up to that level but a gradual and steady ride up from $55,000 it made a consistent increase and now that we are here on the new ATH, yes the next level is $100k. The fud of fear is no more and the hodlers are the biggest benefit of this volatility.

[eaLiTy]

  Although exchanges are having high volatility where btc took flash dump and recover instantly. Fun part,  binance us is having the lowest price of $8.2k and future traders got rekt or short traders were luck to get profit. As a result, we get small correction after making new ATH and it's time to move slowly, but $100k milestone is on the way. 

I am watching the market and i have no idea what the direction would be this week end, there is a minor correction and i have no idea about the real reason apart from the article you posted and some of the news media is also covering the same new, so i am not sure whether that is the reason for the correction, i thought some of institutional investors are booking their profit. Whatever it may be, it is good to see that the market is moving in the right direction as expected.

[carlfebz2]

  Although exchanges are having high volatility where btc took flash dump and recover instantly. Fun part,  binance us is having the lowest price of $8.2k and future traders got rekt or short traders were luck to get profit. As a result, we get small correction after making new ATH and it's time to move slowly, but $100k milestone is on the way. 

I am watching the market and i have no idea what the direction would be this week end, there is a minor correction and i have no idea about the real reason apart from the article you posted and some of the news media is also covering the same new, so i am not sure whether that is the reason for the correction, i thought some of institutional investors are booking their profit. Whatever it may be, it is good to see that the market is moving in the right direction as expected.

You would really be having that question on mind on where price do next will possible head out which means that i do always have the doubt that there would be some nasty correction next in line
thats why im not really that putting too much confidence and would secure out profits as much as i can rather than getting yourself boosted with the current movement.

Yes, this current bull run or price increase reaching out new ATH is surely giving out that good feeling specially to  those hodlers of long years and to to those shorters that had been
able to get in when its still cheap.

For now lets just see if it would able to break 70k resistance and would head up further.

[wiss19]

Congrats! It took us a lot smaller amount this time around. Last time we had a new ATH at 20k in 2017, it took us nearly 3 years to reach that level again, whole 3 years and that should have been the indicator how long it took, we are doing a lot better right now, only like 6  months to break the old ATH and we are not looking like we are going to be dropping the price anytime soon neither, we are going to be doing fine and that is the important part, people should realize that we are doing something awesome right now and that is why we are doing fine because we are going to reach 70k as well and 80k too by the looks of it and that is really exciting.

[Poker Player]

Although we may have surpassed the previous ATH, we have not clearly passed it either. I believe that when we pass it again, and for example get to $70k, we'll get to $100k in no time. And by the time we get to $100k I think the same thing will happen. There will be a resistance, when we get close to $100k there will be some dips, we may even overshoot it a little bit, getting to $101 or $102k but going back down, but as soon as we clearly overshoot it, it's going to unleash a forum that the price is going to go through the roof.

[OgNasty]

I've been saying we hit $200K in December for several years now.  I'd hate to change my tune now, but I'm getting nervous as we get closer.  This is exactly how I expected things to look at this point and I figured Halloween is usually when the market decides to make it's big last move toward a December high.  Could it really be happening again right on schedule though?  If so, the next 50 days are going to be a whole lot of fun for anybody involved in crypto.  I know what I'm hoping for...  $200K in early December.  Anything over $135K would be good though. 

[Dave1]

I've been saying we hit $200K in December for several years now.  I'd hate to change my tune now, but I'm getting nervous as we get closer.  This is exactly how I expected things to look at this point and I figured Halloween is usually when the market decides to make it's big last move toward a December high.  Could it really be happening again right on schedule though?  If so, the next 50 days are going to be a whole lot of fun for anybody involved in crypto.  I know what I'm hoping for...  $200K in early December.  Anything over $135K would be good though. 

Again, if we are going to look at the s2f model, $135k is the modest target based on the 2013 movement. And yes we have a big news coming in November with the Taproot release so maybe we can hit $80k++ next month and then the huge super fast rally in December that can push the price to 6 digits.

So again, we don't need to get excited today because of a new all time high, because in the next couple of days might surprises us all, so be a diamond hand.

[Reid]

$70k here we go. 
Break the new bottom and just move from $65k - $67k. That will have a nice look at the charts.
Let's see what the next two Ber months will bring to us. I hope it's good for a better Christmas. More gifts for the kids.

[FanEagle]

Let's see what the next two Ber months will bring to us. I hope it's good for a better Christmas. More gifts for the kids.

I'm not having any big confusion about what we are going to have in the remaining months of this year because I have learned big lessons from 2017 and 2013. I mean we must need to ready for another strong rounds of bullish mode which might take bitcoin into $100k or even $200k levels. The news of bitcoin ETF, got us into a new ATH and now any other positive news will get into those magic 6 digits for one bitcoin.

In my local exchange, bitcoin today tried and failed to break $65k levels (not sure tradingview charts are showing the same thing), it might mean that we have intermediate resistance around $65k to $67k levels before breaking the psychologically big barrier $70k levels. So, I guess we need time till this weekend to get into $70k regions.

[el kaka22]

This new small drop is definitely a correction. Do not get too excited about the chances of the price falling, I am sure that it will recover and do a great increase above 70k in the long run. There are always people who sell whenever the price goes up, that is the way they are making the world feel, I even feel like there is a good chance we could see under 60k as well.

However it is obvious that the fall was a small one and it will be recovered. Why do I feel that way? Because, there are times when the price crashes and when it does then the price really crashes, like not even a small amount, I mean %10+ per day for a while. So this wasn't a crash, it was a correction and we all will be fine. This is why I support that we will go back to higher prices and even break the new ATH and reach to 70k+ very easily, this was only a small step back.

[palle11]

$70k here we go. 
Break the new bottom and just move from $65k - $67k. That will have a nice look at the charts.
Let's see what the next two Ber months will bring to us. I hope it's good for a better Christmas. More gifts for the kids.

Certainly it is a profit taking time . Many investors are already selling out with the new ATH and that is the reason we seeing the drop happening today. The end of year mostly is the bullish time and this is what it looks already. The drop today was about $5,000 but the recovery will happen faster because investors will buy in again to sell in the last month so expect that we are seeing bull rally.

[Ultegra134]

This new small drop is definitely a correction. Do not get too excited about the chances of the price falling, I am sure that it will recover and do a great increase above 70k in the long run. There are always people who sell whenever the price goes up, that is the way they are making the world feel, I even feel like there is a good chance we could see under 60k as well.

However it is obvious that the fall was a small one and it will be recovered. Why do I feel that way? Because, there are times when the price crashes and when it does then the price really crashes, like not even a small amount, I mean %10+ per day for a while. So this wasn't a crash, it was a correction and we all will be fine. This is why I support that we will go back to higher prices and even break the new ATH and reach to 70k+ very easily, this was only a small step back.

There is always a chance of Bitcoin's price falling again, I don't mean to crash below $40,000-$50,000, but it could eventually drop below $60,000, before we see a new all-time high. The current one is a mere price correction, I don't believe that such volatility is alarming, since after the new ATH, there's a large mass of investors who probably sold to purchase later, at a lower price.

[Johnyz]

$70k here we go. 
Break the new bottom and just move from $65k - $67k. That will have a nice look at the charts.
Let's see what the next two Ber months will bring to us. I hope it's good for a better Christmas. More gifts for the kids.

We are into a small correction right now but I believe after this correction we can now continue going up and there’s still a higher chance that we can reach that $70k mark this Month so keep monitoring. We will end 2021 with a great price, though there’s still a chance for Bitcoin to go down especially if many will take profit just to spend for their holiday season.

[batang_bitcoin]

We are into a small correction right now but I believe after this correction we can now continue going up and there’s still a higher chance that we can reach that $70k mark this Month so keep monitoring. We will end 2021 with a great price, though there’s still a chance for Bitcoin to go down especially if many will take profit just to spend for their holiday season.

This correction is way better to be seen as soon as possible so what's happening is essential and needed for bitcoin to move to the next price ceiling.
I do have a big hope that 2021 will be ending great just like 2020 and that's the reason why I'm firmly holding and looking forward to have a better year next year. But if it doesn't happen, no need to rush and will remain to be a firm holder.

[OgNasty]

We are into a small correction right now but I believe after this correction we can now continue going up and there’s still a higher chance that we can reach that $70k mark this Month so keep monitoring. We will end 2021 with a great price, though there’s still a chance for Bitcoin to go down especially if many will take profit just to spend for their holiday season.

This correction is way better to be seen as soon as possible so what's happening is essential and needed for bitcoin to move to the next price ceiling.
I do have a big hope that 2021 will be ending great just like 2020 and that's the reason why I'm firmly holding and looking forward to have a better year next year. But if it doesn't happen, no need to rush and will remain to be a firm holder.

I would agree this is a dip and I think it’s always needed in markets like this to clear out excess leverage. The pigs always need to get slaughtered. I’m not on this 2022 will be a great year for crypto train though. There are always houses of cards built that come crumbling down after gigantic gains and I think that’s what we’re about to see. I think if the next couple months bring you life changing opportunities, you would be wise to take advantage.

[Dave1]

We are into a small correction right now but I believe after this correction we can now continue going up and there’s still a higher chance that we can reach that $70k mark this Month so keep monitoring. We will end 2021 with a great price, though there’s still a chance for Bitcoin to go down especially if many will take profit just to spend for their holiday season.

This correction is way better to be seen as soon as possible so what's happening is essential and needed for bitcoin to move to the next price ceiling.
I do have a big hope that 2021 will be ending great just like 2020 and that's the reason why I'm firmly holding and looking forward to have a better year next year. But if it doesn't happen, no need to rush and will remain to be a firm holder.

Right, as we experience in this market, we need corrections so that we can go higher in the next leg up. Now $60k, and maybe after everything has settled down or as we enter November we might see $70k-$83k at least in the next bull run.

It is an expectation that the price could reach 6 digits in December. All we have to do is look forward and wait till we achieved it. No need to panic sell or rush things just because we reach a new all time high this week. The future still looks bright to all of us.

[BigBos]

it seems, after a new ATH is reached, the correction occurs again. however, I don't think the bitcoin price will be below $60k. quoting from cointelegraph analysis, the current price of bitcoin could rise to $67k, or even exceed the price of $70k if the pump occurs. however, if the dump continues, it is possible that the bitcoin price could be in the range of $57k. however, personally, I believe the price of bitcoin won't drop more than $60k. well, I believe this year the price of $80k is achievable, or even $100k.

https://cointelegraph.com/news/price-analysis-10-22-btc-eth-bnb-ada-xrp-sol-dot-doge-luna-uni