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Author Topic: New all time high record | $66,000  (Read 868 times)
Ultegra134 (OP)
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October 21, 2021, 03:36:30 PM
 #41

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We knew that was coming, there was simply too much hype surrounding bitcoin and the approval of the ETF that I thought that if all of that money was coming to bitcoin it was because they already knew an approval was imminent, I am glad that it had finally happened and now most likely 70k will become the next target for bitcoin to reach during the next days, personally I do not think it will take long for that to happen as the sentiment in the markets should be incredibly bullish right now.
Dont anticipate much because we dont know if it would able to break 70k or we would really be just staying up on this level and support for long period of time but i cant really deny that if these positive sentiments and events do circles around for a while then we might really be seeing those 10k increments of all time high levels which i hadnt anticipate that it will happen on this year.

For now im not really making myself get too excited but its good to see on this kind of gains in a short span of time an luckily i did able to buy up bitcoin when it dipped on 30K+ which is really worth the wait.

For now lets see on what would happen next neither there would be some sort of correction or we would be moving sideways.
That's definitely true, myself too also believes what you've mentioned, I'm a little reserved when it comes to price predictions, since they are pretty much unexpected. I'm positive that there will be some sort of resistance within the price range of $60,000-$64,000, for quite some time, before a new all-time high record can be surpassed.

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October 21, 2021, 03:41:04 PM
 #42


That's definitely true, myself too also believes what you've mentioned, I'm a little reserved when it comes to price predictions, since they are pretty much unexpected. I'm positive that there will be some sort of resistance within the price range of $60,000-$64,000, for quite some time, before a new all-time high record can be surpassed.
Possible to see correction after new ATH has been experienced,

Knowing those players inside this market, they will now try to create something that will force newcomers or weak holders to sell out with losses,

the kind of strategy that allows those wise investors to keep getting decent profits from this market. We need to be wiser now and learn how

to balance, anticipating to see another fall that may be touched below $60K before hyping again to reach new time high.
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October 21, 2021, 03:44:21 PM
 #43

I'm positive that there will be some sort of resistance within the price range of $60,000-$64,000, for quite some time, before a new all-time high record can be surpassed.
I am negative about those resistance levels because we may see bitcoin markets to be trading above $70k levels over the night as FOMO got all the power to break and keep going against all such resistance levels. I read many institutions started planning and working to have bitcoin in their portfolio before any second country to be announcing and adopting bitcoin as their legal tender.

anticipating to see another fall that may be touched below $60K before hyping again to reach new time high.
I remain too bullish as we near end of October hence we may experience a new ATH almost everyday. A short term pull back may happen around next major resistance levels but I am not seeing anything such before we are getting into $95 to $99k levels.

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October 21, 2021, 07:47:58 PM
Last edit: October 22, 2021, 03:33:07 PM by Ultegra134
 #44

I'm positive that there will be some sort of resistance within the price range of $60,000-$64,000, for quite some time, before a new all-time high record can be surpassed.
I am negative about those resistance levels because we may see bitcoin markets to be trading above $70k levels over the night as FOMO got all the power to break and keep going against all such resistance levels. I read many institutions started planning and working to have bitcoin in their portfolio before any second country to be announcing and adopting bitcoin as their legal tender.

While this is quite likely, we can already observe a small correction taking place, which isn't strange at all. It has currently fallen at $63,000. I'm positive that further advances regarding its price will be made, but let's not jump into conclusions yet. There's a bright future ahead of us, but patience is needed.

R


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October 21, 2021, 08:40:14 PM
 #45

I'm positive that there will be some sort of resistance within the price range of $60,000-$64,000, for quite some time, before a new all-time high record can be surpassed.
I am negative about those resistance levels because we may see bitcoin markets to be trading above $70k levels over the night as FOMO got all the power to break and keep going against all such resistance levels. I read many institutions started planning and working to have bitcoin in their portfolio before any second country to be announcing and adopting bitcoin as their legal tender.


There's a reason for them to position themselves as when a certain country announce they'll legalize and consider bitcoin as a legal tender, we know that would result in a huge adoption, and of course, as an impact, the price will rise, and once the news spread it might also cause a bullish market movement.

Small countries who are struggling economically doesn't need the help of big countries to survive, they'll just have to open opportunity for crypto to enter and they'll benefit from it, it's not an experiment that they are uncertain with the outcome because some country had already tried it.

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October 21, 2021, 08:52:02 PM
 #46

It was a special moment for me to see Bitcoin price breaking a new record after a long period of time. We saw the price at nearly 67k dollars a few days ago. Maybe it is around 62k dollars now but I expect another increase after this price correction ends. Bitcoin is capable of doing much more than this. Maybe we won't see 100k dollars this year but we should be able to see over 70k dollars.

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October 21, 2021, 10:18:29 PM
 #47

The new ATH is 66,930 as well, 70 bucks short of 67k. That is very important, a 5% increase would have made it 70k and that is what we are trying to reach here, just a 5-6% increase which we all know is very possible and very quick in crypto world if it happens. I believe after 70k things will be different, we are going to reach to a new level where the price will basically skyrocket to 80k+ like 70k never even happened.

Hopefully we will get to see something that is a lot easier, we need to realize that we should be basically pushing hard for a while so that we wouldn't have to push that hard, beyond reaching that resistance level is easy and would make things easier.

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October 21, 2021, 10:25:07 PM
 #48

It was a special moment for me to see Bitcoin price breaking a new record after a long period of time. We saw the price at nearly 67k dollars a few days ago. Maybe it is around 62k dollars now but I expect another increase after this price correction ends. Bitcoin is capable of doing much more than this. Maybe we won't see 100k dollars this year but we should be able to see over 70k dollars.

Somehow a good sight to see for certain individuals who think about buying but they doubt about the stand of bitcoin at the moment, But anyways as the new ATH has been break and also the year doesn't end yet so maybe we can provably see another ATH price breakthrough so guess this is another wait for us then speculates about on when $70k will surpass since if that happen we can possibly a 6 digits figure maybe or december or next year so hopefully no breakout will happen or other fuds that can make this bullish streak collapsed.

R


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October 21, 2021, 11:17:23 PM
 #49

It was a special moment for me to see Bitcoin price breaking a new record after a long period of time. We saw the price at nearly 67k dollars a few days ago. Maybe it is around 62k dollars now but I expect another increase after this price correction ends. Bitcoin is capable of doing much more than this. Maybe we won't see 100k dollars this year but we should be able to see over 70k dollars.

Somehow a good sight to see for certain individuals who think about buying but they doubt about the stand of bitcoin at the moment, But anyways as the new ATH has been break and also the year doesn't end yet so maybe we can provably see another ATH price breakthrough so guess this is another wait for us then speculates about on when $70k will surpass since if that happen we can possibly a 6 digits figure maybe or december or next year so hopefully no breakout will happen or other fuds that can make this bullish streak collapsed.
The market cannot guarantee that there won't be any incoming negative news in the market that it won't affect the bullish season. It will be inevitable as it usually happens whenever a new ATH is set to achieved. But meanwhile, let's keep going and enjoy the ride while bitcoin price at the moment is very bullish. I think by the end of december, we will witness a new price at $75k-$80k. This would be very possible if there won't be any market crash that would drop down the value of bitcoin. But no worries if it ever happens, bitcoin will always regain its value after the crash is over.

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October 21, 2021, 11:37:45 PM
 #50

snip...

Somehow a good sight to see for certain individuals who think about buying but they doubt about the stand of bitcoin at the moment, But anyways as the new ATH has been break and also the year doesn't end yet so maybe we can provably see another ATH price breakthrough so guess this is another wait for us then speculates about on when $70k will surpass since if that happen we can possibly a 6 digits figure maybe or december or next year so hopefully no breakout will happen or other fuds that can make this bullish streak collapsed.
The market cannot guarantee that there won't be any incoming negative news in the market that it won't affect the bullish season. It will be inevitable as it usually happens whenever a new ATH is set to achieved. But meanwhile, let's keep going and enjoy the ride while bitcoin price at the moment is very bullish. I think by the end of december, we will witness a new price at $75k-$80k. This would be very possible if there won't be any market crash that would drop down the value of bitcoin. But no worries if it ever happens, bitcoin will always regain its value after the crash is over.
The price correction is somewhat possible and it hits the market anytime plus the volatility of the market made the price remain unpredictable. But this will never stop people to think that Bitcoin price will remain bullish.
We've seen now that the price is moving down slowly, kinda be the end of ATH? I'm not being negative nor thinking it bad but can't just set aside the possibility of a huge crash. Well, I guess, many were selling their Bitcoin once hitting the new ATH causing this fallback. I hope there is no panic selling will occur and so it won't bring the price to drop more.

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October 21, 2021, 11:41:48 PM
 #51

bitcoin fell back at $63k in a few hours,
It fell to $62k as I've seen it.

this is a very volatile market.
It's always been volatile and that's why when we see it pop and go up, I'm always expecting it to correct afterward. But that's normal and we'll see it again to pump.

bitcoin fell by $ 3k and slightly made investors panic sell for fear the market will continue to correct. but it's only momentary and will surely return to normal bitcoin price. because bitcoin includes a fast recovery phase.
Coming from under $60k, the price can be said to still be in a good run. People who are worrying about it have to take their profits so that they won't worry if it falls a bit.



 

 

 

 

 

 


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October 22, 2021, 05:34:36 AM
 #52

Many people are jubilating that bitcoin has recovered expensively, actually three to two months ago bitcoin price is not up to the current values now, but the problem is that we all know that the possibility for it to reverse is there, okay, do we remember that it's price has reach sixty thousand (60k) before and now it has hit sixty six thousand (66k) and within a short time it dropped to sixty three thousand (63) which is the stage it's now, the values of bitcoin is not called for a celebration now, from my initiative.

On my own i know that bitcoin will be appreciate or get accelerated more than these value currently, let us just assumed that before December bitcoin will be strong for any step or price  it landed to, likewise before, because i could remember 2019, bitcoin the price of was a little bit constant and it was not decreasing below ten thousand (10k) which is the initial values, so that's how the value will stick to an extent before we shall call for jubilation. Already many people is Happy because of it's movement.

I'm really impressed to see this height of all cryptocurrencies this period, because it's very obvious that bitcoin is increases with alternative coins, since the increment in value, other coins started appreciating and that means without bitcoin get accelerated other coins can't move on their own.

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October 22, 2021, 06:13:53 AM
 #53

It was a special moment for me to see Bitcoin price breaking a new record after a long period of time. We saw the price at nearly 67k dollars a few days ago. Maybe it is around 62k dollars now but I expect another increase after this price correction ends. Bitcoin is capable of doing much more than this. Maybe we won't see 100k dollars this year but we should be able to see over 70k dollars.

Somehow a good sight to see for certain individuals who think about buying but they doubt about the stand of bitcoin at the moment, But anyways as the new ATH has been break and also the year doesn't end yet so maybe we can provably see another ATH price breakthrough so guess this is another wait for us then speculates about on when $70k will surpass since if that happen we can possibly a 6 digits figure maybe or december or next year so hopefully no breakout will happen or other fuds that can make this bullish streak collapsed.
The market cannot guarantee that there won't be any incoming negative news in the market that it won't affect the bullish season. It will be inevitable as it usually happens whenever a new ATH is set to achieved. But meanwhile, let's keep going and enjoy the ride while bitcoin price at the moment is very bullish. I think by the end of december, we will witness a new price at $75k-$80k. This would be very possible if there won't be any market crash that would drop down the value of bitcoin. But no worries if it ever happens, bitcoin will always regain its value after the crash is over.

I think that's just normal though, I mean if there is no negative news, then the market will somewhat be dried. So in a sense, they are definitely good short term, prices goes down because of FUD and then we can enter the dip.

But so far we haven't heard any, that's why the market continue to spike up and even hit a new all time high 2 days ago. Just some minor dip though, the last all time high becomes the support levels now, so that is good. And hopefully by December we will hit that $100k, the price were everyone is waiting for because it will be a milestone.

R


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October 22, 2021, 06:27:43 AM
 #54

Many people are jubilating that bitcoin has recovered expensively, actually three to two months ago bitcoin price is not up to the current values now, but the problem is that we all know that the possibility for it to reverse is there, okay, do we remember that it's price has reach sixty thousand (60k) before and now it has hit sixty six thousand (66k) and within a short time it dropped to sixty three thousand (63) which is the stage it's now, the values of bitcoin is not called for a celebration now, from my initiative.

That's a normal market reaction. When an investor sees an opportunity to sell (especially during the arrival of the new ATH) they would always sell. The short pullback was caused by the short sellers, thinking Bitcoin's current bullrun has peaked. That's always gonna be the assumption everytime Bitcoin hits new ATH.
Now, there's nothing new about people celebrating the Bitcoin bullrun, I mean who doesn't want to see an expensive Bitcoin price after how many years of holding. Corrections are always there, Bitcoin will still experience a lot of ups and downs before it hits the 6 digit figure like everybody is anticipating.

R


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October 22, 2021, 08:27:12 AM
 #55

Many people are jubilating that bitcoin has recovered expensively, actually three to two months ago bitcoin price is not up to the current values now, but the problem is that we all know that the possibility for it to reverse is there, okay, do we remember that it's price has reach sixty thousand (60k) before and now it has hit sixty six thousand (66k) and within a short time it dropped to sixty three thousand (63) which is the stage it's now, the values of bitcoin is not called for a celebration now, from my initiative.

That's a normal market reaction. When an investor sees an opportunity to sell (especially during the arrival of the new ATH) they would always sell. The short pullback was caused by the short sellers, thinking Bitcoin's current bullrun has peaked. That's always gonna be the assumption everytime Bitcoin hits new ATH.
Now, there's nothing new about people celebrating the Bitcoin bullrun, I mean who doesn't want to see an expensive Bitcoin price after how many years of holding. Corrections are always there, Bitcoin will still experience a lot of ups and downs before it hits the 6 digit figure like everybody is anticipating.
I must say that the current price will create good celebration on the people who have been holding bitcoin for quite a long time, but for those who have just bought bitcoin when it was just $50k-$60k, they are still looking forward for another price increase until it reaches its new ATH. And as expected, when others tend to sell, the market will surely react on it and might pull the price down. But this is absolutely normal for a volatile market. Hopefully, by the end of the year, we will all be rejoicing seeing more digits for bitcoin price.

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October 22, 2021, 10:06:32 AM
 #56

Many people are jubilating that bitcoin has recovered expensively, actually three to two months ago bitcoin price is not up to the current values now, but the problem is that we all know that the possibility for it to reverse is there, okay, do we remember that it's price has reach sixty thousand (60k) before and now it has hit sixty six thousand (66k) and within a short time it dropped to sixty three thousand (63) which is the stage it's now, the values of bitcoin is not called for a celebration now, from my initiative.

That's a normal market reaction. When an investor sees an opportunity to sell (especially during the arrival of the new ATH) they would always sell. The short pullback was caused by the short sellers, thinking Bitcoin's current bullrun has peaked. That's always gonna be the assumption everytime Bitcoin hits new ATH.
Now, there's nothing new about people celebrating the Bitcoin bullrun, I mean who doesn't want to see an expensive Bitcoin price after how many years of holding. Corrections are always there, Bitcoin will still experience a lot of ups and downs before it hits the 6 digit figure like everybody is anticipating.
I must say that the current price will create good celebration on the people who have been holding bitcoin for quite a long time, but for those who have just bought bitcoin when it was just $50k-$60k, they are still looking forward for another price increase until it reaches its new ATH. And as expected, when others tend to sell, the market will surely react on it and might pull the price down. But this is absolutely normal for a volatile market. Hopefully, by the end of the year, we will all be rejoicing seeing more digits for bitcoin price.

After that price hit another historical ATH many people sell since some of them got enough profits that's why we can see this happening right now and its good not to panic for the current movement since there are some few people starting to get panic when the price drop. People should know that this is normal and still a good price to be celebrated since once those people who sell their bitcoins at the top for sure will accumulate again at the dip so its good not to miss the train again so we must take position when the market is on red market days.

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October 22, 2021, 10:59:17 AM
 #57

Bitcoin touches $62k for a while, but it bounces up to $63k as we see. It is a correction, but we hope it will not drop to under $60k because bitcoin is now in a good position to lift the price and make another new ATH. If they can use the moment to take their profits, they will be able to buy back bitcoin again when the price is getting correction like now. That can be a way to accumulate more bitcoin to sell it to the next high price.

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October 22, 2021, 12:10:24 PM
 #58

Well, why are you guys so disappointed and dejected about the BTC correction from $67k to $63k? The original pump to $67k was temporary as everyone saw how it was on time with Russia's news about acquiring digital assets to reduce US dollar dependence. Of course, it going to have a strong push to BTC and crypto market since you know how popular crypto is in Russia and CIS. Heck, the Russian oligarch might buy a lot of cryptos when the news broke out.

I said it was temporary but see, this correction is actually good for BTC because now, there were oligarch whales behind crypto meaning you can expect a strong hand with a shitload of wealth in the game. I love Russia and have nothing against that beautiful country but you see, the ruble is quite rubbish so also expect the average Russian transfer some of his wealth/income into crypto without any fear. All good things so yeah this is only temporary and in the long run, will bound back. Cheer up.
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October 22, 2021, 12:28:01 PM
 #59

It was a special moment for me to see Bitcoin price breaking a new record after a long period of time. We saw the price at nearly 67k dollars a few days ago. Maybe it is around 62k dollars now but I expect another increase after this price correction ends. Bitcoin is capable of doing much more than this. Maybe we won't see 100k dollars this year but we should be able to see over 70k dollars.

Somehow a good sight to see for certain individuals who think about buying but they doubt about the stand of bitcoin at the moment, But anyways as the new ATH has been break and also the year doesn't end yet so maybe we can provably see another ATH price breakthrough so guess this is another wait for us then speculates about on when $70k will surpass since if that happen we can possibly a 6 digits figure maybe or december or next year so hopefully no breakout will happen or other fuds that can make this bullish streak collapsed.
The market cannot guarantee that there won't be any incoming negative news in the market that it won't affect the bullish season. It will be inevitable as it usually happens whenever a new ATH is set to achieved. But meanwhile, let's keep going and enjoy the ride while bitcoin price at the moment is very bullish. I think by the end of december, we will witness a new price at $75k-$80k. This would be very possible if there won't be any market crash that would drop down the value of bitcoin. But no worries if it ever happens, bitcoin will always regain its value after the crash is over.

This is the reason why we need to prepare for something worse since we already experience a huge downfall before and its good to became more cautious about this things since its hard to bag hold. But I doubt that the same scenario like a huge price drop before will happen at this time since compare before and know bitcoin before is not so popular but for now we know that the word about it is spreading across the globe and those information's are converted to demand.

R


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October 22, 2021, 12:58:44 PM
 #60

Base on Coingecko, the highest price that is recorded is $67,276.79 and $66,930.39 on Coinmarketcap so we can say that it reaches the $67,000 price range.
Unfortunately days after its peak, it went down to consolidate a bit and now it is at the $63,000 price range and I think that this is understandable knowing that Bitcoin just passed its previous ATH, many sold out their holdings as well.

Am I glad that Bitcoin did the move? Kinda but not that much because I'd be happier if Bitcoin will reach $100,000 at some time next year Smiley. Well, congrats to those who bought their Bitcoins at the $30,000 price range. Congrats for those who took the risk of buying near to that price because they've double their money just by holding BTC.

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