New All Time High Baby! - $68,742.31

[btc78]

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

Nope nothing  is certain o none of us can  assure that the price wont drop back bellow 60k as the price now is struggling to hold that value https://coinmarketcap.com/currencies/bitcoin/

and since we are in correction 6-10k drop is normal depend on how strong the holders are.

This situation will also depend on us , if we are all getting profit then yes this will down fall even to 50k , but if more will keep the hold then it may stay 60k and move up again next week.

[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.

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.

Definitely true, if there are opportunities that will come at the end of this year or by next year, it's too great to ignore it. Let's make wise decisions and this is about selling. Let's all sell at the prices that we're comfortable and feeling great without any regret. While this dip is happening, we're sure that it will eventually recover and will get back from where it is. We've known how bitcoin is always like that, it won't disappoint us mostly if you've been in the market all over these years.

[bitterguy28]

looks like the Dive has gone and now recovery is starting ? seeing it back to almost 62k from the hard drop down to 60k is a good sign that we are now heading to another ATH in which 70k , this is the barricade need to be broken for Bitcoin price taking another hype to 80k.
if continues to grow then Yes 100k is not far from happening this year alone of 2021.

[Ultegra134]

looks like the Dive has gone and now recovery is starting ? seeing it back to almost 62k from the hard drop down to 60k is a good sign that we are now heading to another ATH in which 70k , this is the barricade need to be broken for Bitcoin price taking another hype to 80k.
if continues to grow then Yes 100k is not far from happening this year alone of 2021.

I wouldn't get so excited, don't get me wrong, I'm all about Bitcoin surpassing new records etc, however, on the other hand, I prefer to be moderate about Bitcoin breaking records so quick. Similarly to a few months ago, when a new all-time high was reached, shortly after the Elon Musk incident, the new record didn't last long and quickly plummeted down to $30,000.

Price volatility is expected, however, it's more preferable to seek a steadier growth, rather than anticipate a quick new all time high.

[Jating]

looks like the Dive has gone and now recovery is starting ? seeing it back to almost 62k from the hard drop down to 60k is a good sign that we are now heading to another ATH in which 70k , this is the barricade need to be broken for Bitcoin price taking another hype to 80k.
if continues to grow then Yes 100k is not far from happening this year alone of 2021.

I wouldn't get so excited, don't get me wrong, I'm all about Bitcoin surpassing new records etc, however, on the other hand, I prefer to be moderate about Bitcoin breaking records so quick. Similarly to a few months ago, when a new all-time high was reached, shortly after the Elon Musk incident, the new record didn't last long and quickly plummeted down to $30,000.

Yes we did plummet to $28k but then recovered in the next two and 1/2 months and getting to a new all time high. So. I wouldn't call that moderate recovery, it was very quick and fast bounce back.

Price volatility is expected, however, it's more preferable to seek a steadier growth, rather than anticipate a quick new all time high.

Definitely, but if you look at it, if in the next two and 1/2 months we might see bitcoin hitting at least $150k based on it's previous run. So I think everyone is really getting excited about it. Maybe this December or early January 2022 rally.

[snipie]

looks like the Dive has gone and now recovery is starting ? seeing it back to almost 62k from the hard drop down to 60k is a good sign that we are now heading to another ATH in which 70k , this is the barricade need to be broken for Bitcoin price taking another hype to 80k.
if continues to grow then Yes 100k is not far from happening this year alone of 2021.

I call them waves or normal fluctuations rather than a sign to solid consolidation before jumping to another ATH. The price will continue likely fluctuating between $60-62k before rising again. A possible drop to $5Xk for a while could be expected too.
I am a long term holder so such movement doesn't annoy me since the overall trend is positive each couple of months

[bitgolden]

The price will continue likely fluctuating between $60-62k before rising again. A possible drop to $5Xk for a while could be expected too.

Tonight we will see whether we are heading toward a new ATH or going to have a short term/temporary correction which may break $60k levels. As of now $60k must be a stronger psychological support level hence there could be very thin possibilities it could be tested. Sundays are known for actions from bulls and tonight I am expecting getting back around current ATH is highly possible.

When overall sentiment is strong bullish, I guess we do not need to bother on any temporary corrections. In my opinion, we are in the times of FOMO is about to get into action hence making use of current dips will get us quicker profits if you are into active trading along with your long term stash.

[TheEconomists]

Very nice. What's it been like 6 months since the last ATH??

Would like to see $75k in November.

If you not in yet then it is not late as the market has move a bit downward for those who are still doubting Bitcoin at $85k before November ending and before December ending we should be talking of Bitcoin has finally arrived at $100k if all things continue the way it is now.

[Ultegra134]

looks like the Dive has gone and now recovery is starting ? seeing it back to almost 62k from the hard drop down to 60k is a good sign that we are now heading to another ATH in which 70k , this is the barricade need to be broken for Bitcoin price taking another hype to 80k.
if continues to grow then Yes 100k is not far from happening this year alone of 2021.

I wouldn't get so excited, don't get me wrong, I'm all about Bitcoin surpassing new records etc, however, on the other hand, I prefer to be moderate about Bitcoin breaking records so quick. Similarly to a few months ago, when a new all-time high was reached, shortly after the Elon Musk incident, the new record didn't last long and quickly plummeted down to $30,000.

Yes we did plummet to $28k but then recovered in the next two and 1/2 months and getting to a new all time high. So. I wouldn't call that moderate recovery, it was very quick and fast bounce back.

Price volatility is expected, however, it's more preferable to seek a steadier growth, rather than anticipate a quick new all time high.

Definitely, but if you look at it, if in the next two and 1/2 months we might see bitcoin hitting at least $150k based on it's previous run. So I think everyone is really getting excited about it. Maybe this December or early January 2022 rally.

It's not something that is easily predicted though, is it? Yes, we can depend on previous incidents and price charts, however, how accurate are they? Just because it recovered relatively quick doesn't necessarily mean that it will continue the upward trend.

Don't get me wrong, I 99% positive that Bitcoin will gain value in the future and even surpass $100k, I'm being hesitant on if that happens in the near future (Less than a year).

[7788bitcoin]

~
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.

There are many who are in the train of a big 2022, i am also not in that train as the market will not keep rising just like that and the deck of cards will be broken once the institutional investors starts booking their profit. There are other things that are going on in the financial sector like inflation and how that is going to affect the market is another unknown factor.

[elisabetheva]

Congrats! Price discovery here we come!

The march to $100K continues…

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


EDIT: Added the current all time high to subject.

it seems that our hearts are always made to beat fast, every time after increasing bitcoin's height there will always be a correction again. we see from september there was a significant increase;



but today there was a correction that might be quite disturbing for bitcoin to continue to pass the $70K price that we should be able to see at the end of october, maybe the price should even be more.

on october 20th ATH $67,276.79 was formed, of course we wanted this to be at least a stepping stone to bitcoin's immediate rise. but again made a thump as the correction returned to wanting to drop below $60K, but I hope that will not happen but will increase again.

[bitgolden]

It is normal to see some kind of drops time to time, it is something that is definitely not that horrible. Let's be honest the correction is the place where you need to make that money, if you end up getting scared because of the drop, then you are going to end up not profiting at all. Right now things not looking bullish, but it is certainly not the look of a bear run starting neither.

Right now, it just looks like bull run taking a break, which is normal and we have seen stuff like that all the time. We know that sometimes bull run takes a long time, and for that to take a long time we need to have a situation where we end up with a drop here and there in between of the increases, this is exactly that.

[Baofeng]

^^ Nevertheless, I would be happy to see the price above $60k this month, nothing fancy. The S2F model points to $63k for this month which we already achieved and then even higher. So a $60k at the end of this month is still within the timeline of a 6 digit price in December base on that model. So I will not panic at the "huge" correction after reaching all time high. Besides we have seen this in the past and then bitcoin bounce back 2.5x after that in just 2 months.

[Slow death]

Congrats! Price discovery here we come!

the main point is to know what is the cause of the price increase so that we can predict how sustainable this price will be for a long time, many altcoins had drops of up to more than 20% compared to bitcoin, this happens whenever people they are selling altcoin to buy bitcoin and when there is this scenario the price of bitcoin increases a lot because of some news and it fell a lot after the news because the same people who sold altcoin to buy bitcoin go back to selling bitcoin to buy altcoin

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

honestly speaking, we will only have this answer if the price of altcoins returns to normal and the price of bitcoin remains at this level

[DeathAngel]

The current correction is a bit frustrating, hopefully we start to go up again soon. I’m getting spoilt & just want more up 

$100,000 per coin is coming this year, I’m just so impatient.

[btc_angela]

The current correction is a bit frustrating, hopefully we start to go up again soon. I’m getting spoilt & just want more up 

$100,000 per coin is coming this year, I’m just so impatient.

Yeah, we thought that it can continue to go at least $70K, but it is what it is, sometimes we do need this healthy correction to bring more investors.

Who wouldn't want to see the price hitting $100,000?

But we need more patience mate, it's just about two months from now that we might hit that magical numbers. Don't sell!!!

[rahmatrf331]

The current correction is a bit frustrating, hopefully we start to go up again soon. I’m getting spoilt & just want more up 

$100,000 per coin is coming this year, I’m just so impatient.

Yeah, we thought that it can continue to go at least $70K, but it is what it is, sometimes we do need this healthy correction to bring more investors.

Who wouldn't want to see the price hitting $100,000?

But we need more patience mate, it's just about two months from now that we might hit that magical numbers. Don't sell!!!

yes now we need a lot of patience to be able to see the price of $ 100 thousand. the bitcoin market is often volatile so the market often goes up and down which causes a slow process of reaching the highest price of $100k. we cannot assume that the bullrun market continues because the reality often does not.

[tippytoes]

The current correction is a bit frustrating, hopefully we start to go up again soon. I’m getting spoilt & just want more up  

$100,000 per coin is coming this year, I’m just so impatient.

Yeah, we thought that it can continue to go at least $70K, but it is what it is, sometimes we do need this healthy correction to bring more investors.

Who wouldn't want to see the price hitting $100,000?

But we need more patience mate, it's just about two months from now that we might hit that magical numbers. Don't sell!!!

yes now we need a lot of patience to be able to see the price of $ 100 thousand. the bitcoin market is often volatile so the market often goes up and down which causes a slow process of reaching the highest price of $100k. we cannot assume that the bullrun market continues because the reality often does not.

While waiting to build that price level, you can always think of ways how to increase your portfolio. Every little dip, you can buy more. Because if you truly believe that we will reach high price, let's say 100k, then it would not be too difficult for you to shell out and buy more at this 60k level. Because you know, in the near future, you will reap the rewards of what you are doing today. Keep up with your goals and later on, you will thank yourself for staying with that strategy.

[TravelMug]

The current correction is a bit frustrating, hopefully we start to go up again soon. I’m getting spoilt & just want more up 

$100,000 per coin is coming this year, I’m just so impatient.

Yeah, we thought that it can continue to go at least $70K, but it is what it is, sometimes we do need this healthy correction to bring more investors.

Who wouldn't want to see the price hitting $100,000?

But we need more patience mate, it's just about two months from now that we might hit that magical numbers. Don't sell!!!

It's obviously will take some time to see the price at $100,000. Everyone is focused on that price this year, but it will not be an easy road. Just like when we hit a new all time high last week or so, we go down to $28k-$29k and it takes two months at least to bounce back and see new ATH.

And it's going to be a marathon, not a race if we are going to see that 6 digits in December. After all, it's another 2 months from now. We just need to extend our patience for several weeks and for sure it's going to be worth it.

[Fundamentals Of]

The current correction is a bit frustrating, hopefully we start to go up again soon. I’m getting spoilt & just want more up 

$100,000 per coin is coming this year, I’m just so impatient.

Yeah, we thought that it can continue to go at least $70K, but it is what it is, sometimes we do need this healthy correction to bring more investors.

Who wouldn't want to see the price hitting $100,000?

But we need more patience mate, it's just about two months from now that we might hit that magical numbers. Don't sell!!!

It's obviously will take some time to see the price at $100,000. Everyone is focused on that price this year, but it will not be an easy road. Just like when we hit a new all time high last week or so, we go down to $28k-$29k and it takes two months at least to bounce back and see new ATH.

And it's going to be a marathon, not a race if we are going to see that 6 digits in December. After all, it's another 2 months from now. We just need to extend our patience for several weeks and for sure it's going to be worth it.

There's actually no need to be in a hurry. This is not a fake market or a pump and dump coin. It takes a little time for organic price movements to happen. But we are still on the way to $100,000 within 2021. If not, no problem. It will be moved to the first quarter of 2022. But it will happen.

We are still a little far from there though, so there needs to be a realistic approach as to Bitcoin's price growth.

We have yet to see $70,000, $80,000, and $90,000. Perhaps we should think about them first before $100,000.