New All Time High Baby! - $68,742.31

[Yaunfitda]

And the cycle continues, after hitting a new all time high, the market didn't sustained it's run to $70k at least. We've seen another correction (which is normal), 3% down now and counting.

So again, if the cycle continues then we have to wait for it to have a good bounce back after a week or two or at least leading to the actual date of the Taproot activation.

A small correction is alright, that's what strengthens the growth, and as long as the market is still bullish, there's nothing to worry about as bounce back after correction is likely to happen and at the same time we can always be optimistic that a new ATH will be achieved soon. I'm already thinking of the $70k price, once we hit that price, I expect the pump will continue and it's possible that $100k will likely come before the end of the year.

Keep believing as nothing is impossible in a bull market.

Yeah, it remain on that 3% range and it didn't go down hard. Just a natural reaction again to reaching new all time high, investors are selling for their profits.

And we still have a long way to go, it's just the second week of November and there could be surprises againsthat will push the price to $70k or even higher. Let's see how it goes, still a good and bright future ahead of us.

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[Raflesia]

A small correction is alright, that's what strengthens the growth, and as long as the market is still bullish, there's nothing to worry about as bounce back after correction is likely to happen and at the same time we can always be optimistic that a new ATH will be achieved soon. I'm already thinking of the $70k price, once we hit that price, I expect the pump will continue and it's possible that $100k will likely come before the end of the year.

Keep believing as nothing is impossible in a bull market.

Yeah, it remain on that 3% range and it didn't go down hard. Just a natural reaction again to reaching new all time high, investors are selling for their profits.

And we still have a long way to go, it's just the second week of November and there could be surprises againsthat will push the price to $70k or even higher. Let's see how it goes, still a good and bright future ahead of us.

Experiencing corrections is now commonplace and what @Japinat said will definitely bounce back this has been a habit for the last few months so I wouldn't worry if some investors did take profits at $68k and now it's down to correction we should stick with it calm to see this situation.

November is still a long month reaching $70k can still be expected because bitcoin's rise is very easy with the bulls still continuing, we will know at the end of this year how much bitcoin's highest increase, but the range of $80-85k can be achieved.

[Falconer]

November is still a long month reaching $70k can still be expected because bitcoin's rise is very easy with the bulls still continuing, we will know at the end of this year how much bitcoin's highest increase, but the range of $80-85k can be achieved.

If the whales don't try to move the ladder, $80 - $100K would be possible for November or December.

We can expect the upside to hit $100K, but we also need a reason why it will arrive. FUD may be a bit of a drag, but the positive sentiment toward bitcoin will form a good trend to see it cross yesterday's ATH at $69K. One of the thing that I think about is the formation of belief among the bitcoin community that by the end of 2021 the price of bitcoin will again record its ATH record. The logic is that when that trust is formed accompanied by high demand then $100 will be reached, hopefully.

[TravelMug]

November is still a long month reaching $70k can still be expected because bitcoin's rise is very easy with the bulls still continuing, we will know at the end of this year how much bitcoin's highest increase, but the range of $80-85k can be achieved.

If the whales don't try to move the ladder, $80 - $100K would be possible for November or December.

We can expect the upside to hit $100K, but we also need a reason why it will arrive. FUD may be a bit of a drag, but the positive sentiment toward bitcoin will form a good trend to see it cross yesterday's ATH at $69K. One of the thing that I think about is the formation of belief among the bitcoin community that by the end of 2021 the price of bitcoin will again record its ATH record. The logic is that when that trust is formed accompanied by high demand then $100 will be reached, hopefully.

As much as there are whales in the market, for me what moves the market is the retail investors.

I doubt that this big whales are going to collude with each other in a bull run, and who are these super whales that are going to do it? Now, we have institutions and then billionaires moving around the crypto sphere, playing and changing the rules.

But for me, the uptake will be us, retail and average investors traders, "sum in numbers", and this is what important to move the price to $80k-$100k this year.

[timerland]

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

That's right about... Now.

The pullback from $69k to currently has been very sharp and it's an excellent opportunity for people to jump onboard.

I think that the institutional enthusiasm has not changed a single bit. Fundamentals of BTC are as strong as ever, it'll be a matter of time before we do hit that 6 figure mark. Dollar cost average and buy the dip!

[arufox]

Extraordinary. Over the last period, it appears that the bitcoin price has continued to rise. The significant increase in the price of bitcoin was also driven by large investors. Therefore, bitcoin will continue to create new ATH and its next price target of $70k this December.

[Falconer]

As much as there are whales in the market, for me what moves the market is the retail investors.

I doubt that this big whales are going to collude with each other in a bull run, and who are these super whales that are going to do it? Now, we have institutions and then billionaires moving around the crypto sphere, playing and changing the rules.

But for me, the uptake will be us, retail and average investors traders, "sum in numbers", and this is what important to move the price to $80k-$100k this year.

Institutional investor are much more dangerous than whale, for example, Elon Musk. I still remember very well how he moved the market after he announced his investment in bitcoin and adopted it as a means of payment for Tesla. But instead of spitting in his own face, he began to test the power of the market with his comment about the damage to the natural environment due to bitcoin mining. He has reportedly sold off some of his previous market-moving bitcoin investment, while he has also started supporting the altcoin meme known as Doge & Shiba.

Institutional investors & whales have a lot of power to move the market down, but regarding the uptrend, I agree that retail trader are the mastermind. I worry about whales and institutional investors, they are still considering selling some of the bitcoin they own rather than still wanting to hold them long term. This is a known strategy for securing start-up capital in my opinion.

[ReiMomo]

Extraordinary. Over the last period, it appears that the bitcoin price has continued to rise. The significant increase in the price of bitcoin was also driven by large investors. Therefore, bitcoin will continue to create new ATH and its next price target of $70k this December.

We might again see another ATH this year. We have hardly just 49 days for 2021 and yes there are chances BTC reaching $70k by this month end. By end of December 2021, there are chances for $75 to $80k. We have more investors getting in and investing on Bitcoin and then slowly to other crypto currencies which will bring in ATH of other cyprto currencies.

[Stedsm]

$69k was the recent ATH for BTC and I still believe it has the potential left for this year though it won't be seen during November, but December because all this has happened during the previous bull runs that corrections took place before going very high and then crashed. I don't know about crash (history may repeat though possibilities are less) but there is a chance BTC extends its bull run even in 2022 due to so many important factors taking place this year and in the beginning of 2022.

[TravelMug]

$69k was the recent ATH for BTC and I still believe it has the potential left for this year though it won't be seen during November, but December because all this has happened during the previous bull runs that corrections took place before going very high and then crashed. I don't know about crash (history may repeat though possibilities are less) but there is a chance BTC extends its bull run even in 2022 due to so many important factors taking place this year and in the beginning of 2022.

There is a of expectations that this December, we are going to hit $100k. But that's prediction, we really don't know if it's going to a hit or miss for us. But in any case it didn't happened, I think the bull run can be extended up to the first quarter of 2022 and probably that time we might cross $100k or higher.

But we all know that sooner or later any bull run will have to end, so maybe if history repeats itself again an after seeing the top price in the first quarter of 2022 then we might see a glimpse of the looming crash and then the bear market.

[sana54210]

There is a of expectations that this December, we are going to hit $100k. But that's prediction, we really don't know if it's going to a hit or miss for us. But in any case it didn't happened, I think the bull run can be extended up to the first quarter of 2022 and probably that time we might cross $100k or higher.

But we all know that sooner or later any bull run will have to end, so maybe if history repeats itself again an after seeing the top price in the first quarter of 2022 then we might see a glimpse of the looming crash and then the bear market.

The scary part about those predictions is that there are quite a lot of people who are expecting it to happen and do get upset when it doesn't happen and end up selling and that drops the price of bitcoin. We should not be looking for something that would drop the price of bitcoin, and that high prediction that is unlikely to happen is one of the worst parts of the situation.

I hope that we get something decent, like 78k or so is a great number until end of the year, but I also hope that people do not end up selling a lot by the end of the year because their prediction didn't happen. I can't guarantee anything but I believe that it could happen if too many people are upset.

[btc_angela]

There is a of expectations that this December, we are going to hit $100k. But that's prediction, we really don't know if it's going to a hit or miss for us. But in any case it didn't happened, I think the bull run can be extended up to the first quarter of 2022 and probably that time we might cross $100k or higher.

But we all know that sooner or later any bull run will have to end, so maybe if history repeats itself again an after seeing the top price in the first quarter of 2022 then we might see a glimpse of the looming crash and then the bear market.

The scary part about those predictions is that there are quite a lot of people who are expecting it to happen and do get upset when it doesn't happen and end up selling and that drops the price of bitcoin. We should not be looking for something that would drop the price of bitcoin, and that high prediction that is unlikely to happen is one of the worst parts of the situation.

I hope that we get something decent, like 78k or so is a great number until end of the year, but I also hope that people do not end up selling a lot by the end of the year because their prediction didn't happen. I can't guarantee anything but I believe that it could happen if too many people are upset.

Right, that is the scary part of it, expectations vs realisations.

What if the expectation of this kind of predictions was not reach, for sure many are going to be upset and maybe change their plans for good.(whether short or long term) and then it will have a big impact on the market.

A decent like $78k-$94k would not that bad either, it's a great number at the end of the year and then at least there is still that hope for a 6 digit in early 2022.

[buwaytress]

I hope that we get something decent, like 78k or so is a great number until end of the year, but I also hope that people do not end up selling a lot by the end of the year because their prediction didn't happen. I can't guarantee anything but I believe that it could happen if too many people are upset.

Always a win-win for me either outcome. If we get big sells, presumably big dips, and another extension for those of us not lucky enough to get in earlier to stack them up. I won't lie, I do hope for a lot higher than 78k, but I'm pretty okay waiting another entire period of 3/4 years for the next wave. Then I'll be a lot better off when 100k arrives.

But why the gloom and doom? We're in a good place =)

[darkangelosme]

I think that is not the end dude, maybe Bitcoin will reach 100,000 USD by December, that's why we must hold our Bitcoin now and we must not get blinded by 68,742 USD, we must think like an investor and not traders to avoid stress  .

[molsewid]

I think that is not the end dude, maybe Bitcoin will reach 100,000 USD by December, that's why we must hold our Bitcoin now and we must not get blinded by 68,742 USD, we must think like an investor and not traders to avoid stress  .

Well in my optimistic point of view I really do looking forward for a higher ATH bitcoin attainment before this year ends like hitting a predicted $100k value before year end or atleast on the Q1 of year 2022. Who's here also grab the chance to invest in bitcoin and take advantage the price correction that was happened earlier this morning? Because to be honest I did take my own risk and invest in it, this is the reason why I am hoping for a new attain ATH of bitcoin, finally after the dreaming for so long I'd able to invest in bitcoin because on the last few months all I did was investing in altcoins.

[maydna]

I think that is not the end dude, maybe Bitcoin will reach 100,000 USD by December, that's why we must hold our Bitcoin now and we must not get blinded by 68,742 USD, we must think like an investor and not traders to avoid stress  .

Yes, it is not the end because bitcoin will rise and back to $68k to go up to $70k and more. We are in the middle of this month, and bitcoin gets deep correction while we have one month and a half to see the end of this year. I am still optimistic that the bitcoin price will be at more than $70k, but I am also curious if the bitcoin price can reach $100k by December or it will stay at the $6x,000 range.

[FanEagle]

New ATH will always be followed by some corrections, it is literally the only money that everyone can sell for a profit. I believe that a better one is on the rise right now. We may have fallen towards 60k once again and that is understandable because of a correction in price, but we have dropped to 30k and even a bit lower and still managed to go to nearly 69k price.

We should not be worried about just a 9k fall, not even that much, we should be simply happy about this situation, buy if we could afford to buy some more and be patient. A new ATH is coming, I can feel it and we are going to end up seeing a great profit in the near future. 70k+ is definitely right around the corner if you ask me.

[Taskford]

I think that is not the end dude, maybe Bitcoin will reach 100,000 USD by December, that's why we must hold our Bitcoin now and we must not get blinded by 68,742 USD, we must think like an investor and not traders to avoid stress  .

Yes, it is not the end because bitcoin will rise and back to $68k to go up to $70k and more. We are in the middle of this month, and bitcoin gets deep correction while we have one month and a half to see the end of this year. I am still optimistic that the bitcoin price will be at more than $70k, but I am also curious if the bitcoin price can reach $100k by December or it will stay at the $6x,000 range.

Something like that will happen as we are still in bull market season but we need to prepare on some possibilities by the end of this year since anything could happen like since whales could also do profit taking since for sure there are other entities will take their profit at that time knowing that new year will be a fresh start for some of them. But I still hopeful to see 6 digits figure this year so hopefully bitcoin can recover fast on its small dump happening today.

[philipma1957]

I rose this from the dead. Because we need to be ready.

[STT]

My body is ready but Im not sure we're in that place just yet.    Lets drop an anvil into the thread with yearly bars on the BTC price graph.  Surely a large price requires the largest size of consideration.

I know people dont always love graphs, I get it.  However just one simple thing here to notice that final bar this year is higher then the other; its significant this price is already high in the big scheme.  I only ever hope for a simple take and that'd be it.


The low of last year and previous year is a good one, roughly matching prior years action and holding support.   Repeating that idea now for future gains we want this year to form a bar at least 40k and ideally the close of the '21 bar, that'd be solid and a good basis to move forward on.  Thats my modest aspiration in relating lows to future gains.
  Im not sure of the overall conclusion if any given by that scaled graph but I reckon it fits my general take we will take another year for the most stable gains exceeding the prior ATH and hopefully a path beyond that to clear ground and untraded prices.   When we haven't seen those prices before as in that last epic move this is when the greatest possibility for gains exists, I just think we must build the framework beforehand.