New all time high record | $66,000

[Ultegra134]

A new all-time high record has been hit, with Bitcoin surpassing $66.000. An outstanding performance which was a result of the announcement of Bitcoin ETF approval, which I've yet to understand what exactly it is.

Definition according to https://mg.co.za/

"An Exchange Traded Fund or ETF is a type of investment fund that tracks the price of another asset or basket of assets and can be traded on an exchange. If that still sounds like finance nerd language to you, that’s because it is."


https://mg.co.za/special-reports/2021-10-19-a-bitcoin-etf-what-does-it-all-mean/

Anyway, it was something quite unexpected and didn't actually believe that we'll see a new record by at least December. Let time do the work.

[1714039228]

1714039228

[1714039228]

1714039228

[1714039228]

1714039228

[1714039228]

1714039228

[1714039228]

1714039228

[1714039228]

1714039228

[Swopon]

The most exciting time of this year and waiting to see that a long time. Bitcoin is already proven that it has that potential for creating history again. Hope it will break soon again and another ATH will be recorded. Expecting more in near future.

[swogerino]

A new all-time high record has been hit, with Bitcoin surpassing $66.000. An outstanding performance which was a result of the announcement of Bitcoin ETF approval, which I've yet to understand what exactly it is.

Definition according to https://mg.co.za/

"An Exchange Traded Fund or ETF is a type of investment fund that tracks the price of another asset or basket of assets and can be traded on an exchange. If that still sounds like finance nerd language to you, that’s because it is."


https://mg.co.za/special-reports/2021-10-19-a-bitcoin-etf-what-does-it-all-mean/

Anyway, it was something quite unexpected and didn't actually believe that we'll see a new record by at least December. Let time do the work.

What a great day for all Bitcoiners and most especially for those who have hodl-ed for so long.Yesterday at 64.000 dollars I withdrew about 7000 dollars and this was almost 0.11 Bitcoin,a really low value in Bitcoin but great in US dollars.This is without a doubt the prelude to 100.000 dollars for a Bitcoin,it looks like a magnet is pulling Bitcoin toward that number and there is no one which can stop that.I am super excited that I am living in this time,the oppression from our bosses is coming to an end soon hopefully .

[DdmrDdmr]

The new ATH was just a matter of time these days, and we’ll probably need to update the figure over the coming hours/days (or not …).

Bitfinex currently makes it 66.232 $, and Coinmarketcap 66.208,88 $.

https://data.bitcoinity.org/markets/price/1h/USD?c=e&r=minute&t=l (rounded numbers)

Exmo seems unreliable as a reference, and is an outlier vs the remaining listed exchanges in the above chart.

Edit: 66.9K$ now ..

[yazher]

The most exciting time of this year and waiting to see that a long time. Bitcoin is already proven that it has that potential for creating history again. Hope it will break soon again and another ATH will be recorded. Expecting more in near future.

It's nice to see such a scene where you won't really know that it will gonna happen again especially when it was only more than $40k+ last few weeks and now it's making another ATH where it has never stopped yet and potentially could go even higher than this. I think just by the end of this month, we will see A max ATH again or a higher price that would make it stable at the top about $70k to $80k+.

[Swopon]

The most exciting time of this year and waiting to see that a long time. Bitcoin is already proven that it has that potential for creating history again. Hope it will break soon again and another ATH will be recorded. Expecting more in near future.

It's nice to see such a scene where you won't really know that it will gonna happen again especially when it was only more than $40k+ last few weeks and now it's making another ATH where it has never stopped yet and potentially could go even higher than this. I think just by the end of this month, we will see A max ATH again or a higher price that would make it stable at the top about $70k to $80k+.

Yes expecting more from it. It's really surprising and the price is satisfactory now. It's beyond my expectations few days back. But finally it happened very soon and this is the real game and we must say that Bitcoin has the potential. This thread should be needed to update within few hours again hopefully 😃

[michellee]

Yes, yes, yes

Finally, bitcoin has a new ATH after waiting for some months. It shows to us that bitcoin getting stronger and will be more than that in the future. It is just another beginning from bitcoin to show many people that bitcoin is the best investment for them.

Hopefully, this month will bring another new ATH after $66k and will still increase higher. I am sure many of us are waiting for this moment and will wait for the next biggest thing to happen to bitcoin.

[NotATether]

Exmo seems unreliable as a reference, and is an outlier vs the remaining listed exchanges in the above chart.

Remember that since Exmo's listed price is much higher than the other exchanges, maybe the huge price boom today was from arbitrage traders selling Bitcoins on Exmo and buying them on one of the other exchanges. I noticed that BTC did go up by $5000 at around 3:00 PM +3, so that's a plausible cause.

At any rate, I feel like there is a correction for that amount incoming within the next several hours.

[Findingnemo]

Good thing is the price is still increasing and now we are at $66750 based on the preev result.

Out of curiosity $100K is still possible?

How many of you guys are expecting to reach the huge milestone of 100K by this year itself.

[TinaK]

Out of curiosity $100K is still possible?

How many of you guys are expecting to reach the huge milestone of 100K by this year itself.

No doubt for me, bitcoin will reach that amount and it could be next year. This was already an anticipated event.
I can't imagine that bitcoin was surpassed the previous within a year months only. As we remember bitcoin previous this year and I think was in July and now at the beginning of the last quarter, we break the previous ATH.

I think the reason is that we have a lot of good news that happens and one of that is in ETF approval.

[pawanjain]

A new all-time high record has been hit, with Bitcoin surpassing $66.000. An outstanding performance which was a result of the announcement of Bitcoin ETF approval, which I've yet to understand what exactly it is.

Definition according to https://mg.co.za/

"An Exchange Traded Fund or ETF is a type of investment fund that tracks the price of another asset or basket of assets and can be traded on an exchange. If that still sounds like finance nerd language to you, that’s because it is."


https://mg.co.za/special-reports/2021-10-19-a-bitcoin-etf-what-does-it-all-mean/

Anyway, it was something quite unexpected and didn't actually believe that we'll see a new record by at least December. Let time do the work.

I am very happy this time because just a few months ago bitcoin was at $30k and it has recovered fully and now breaking the ATH.
This is more than 100% gains in just a 3 months. I am really happy because bitcoin has recovered from the correction very quickly this time.
Currently its at $67k and I don't think it will settle here. In the next few days we might see it crossing $70k as well.
The target of $100k by December also seems achievable to me.

[rugrats]

A new all-time high record has been hit, with Bitcoin surpassing $66.000. An outstanding performance which was a result of the announcement of Bitcoin ETF approval, which I've yet to understand what exactly it is.

Definition according to https://mg.co.za/

"An Exchange Traded Fund or ETF is a type of investment fund that tracks the price of another asset or basket of assets and can be traded on an exchange. If that still sounds like finance nerd language to you, that’s because it is."


https://mg.co.za/special-reports/2021-10-19-a-bitcoin-etf-what-does-it-all-mean/

Anyway, it was something quite unexpected and didn't actually believe that we'll see a new record by at least December. Let time do the work.

Great, this is great news BTC has reached a new ATH of 66k, this is the expectation of many investors and I believe BTC will continue to make new ATH in the near future. Today is the day I'm glad I've been holding BTC for a while, now it's time to enjoy my waiting and patience. I believe BTC will reach 100k$ value soon in the near future.

[sirminesalot]

Great, this is great news BTC has reached a new ATH of 66k, this is the expectation of many investors and I believe BTC will continue to make new ATH in the near future. Today is the day I'm glad I've been holding BTC for a while, now it's time to enjoy my waiting and patience. I believe BTC will reach 100k$ value soon in the near future.

Watch out the price movement, don't be lulled about the price chart moving higher in a long run. Usually after a long rally to the top, the price sometimes trapped the investors who are too sure about their decision and the whale started to take profits by selling bags of bitcoin and the price continue to drop.
There will be always correction before the price going higher, let alone going to 100k. Make sure to place a stop loss if we save our btc in an exchange

[Jating]

The most exciting time of this year and waiting to see that a long time. Bitcoin is already proven that it has that potential for creating history again. Hope it will break soon again and another ATH will be recorded. Expecting more in near future.

It's nice to see such a scene where you won't really know that it will gonna happen again especially when it was only more than $40k+ last few weeks and now it's making another ATH where it has never stopped yet and potentially could go even higher than this. I think just by the end of this month, we will see A max ATH again or a higher price that would make it stable at the top about $70k to $80k+.

Or <$30k a few months after that. So waking up, in whatever timezone you are and seeing a new all time high? Priceless. I just show my wife the current price and she was shock to see that we hit a new all time high. So we are still on track of the 6 digits target this December. And probably if we hit $70k this month, the FOMO will spill till November when we have another big news that is coming - Taproot rolling out. So everything is good right at this point and next month.

[Lucius]

A new all-time high record has been hit, with Bitcoin surpassing $66.000. An outstanding performance which was a result of the announcement of Bitcoin ETF approval, which I've yet to understand what exactly it is.

The ETF just made a small push if we take into account everything that has happened in the past 1+ years, and I'm just curious at what point ordinary people will understand what it's really about - futures are just futures, it's not the ETF we actually hoped. The media is selling this news very well, similar to what they did at the end of 2017.

Anyway, it was something quite unexpected, and didn't actually believe that we'll see a new record by at least December. Let time do the work.

It was only a matter of time, all summer we talk about Q4 as a period in which the price will explode because so far it has always happened in the year after halving. Now we can only speculate how high this rocket can take off, and it seems to me that it has quite a bit of fuel and time for one long flight at least to the Moon, and maybe even further.

[Ultegra134]

The new ATH was just a matter of time these days, and we’ll probably need to update the figure over the coming hours/days (or not …).

Bitfinex currently makes it 66.232 $, and Coinmarketcap 66.208,88 $.

https://data.bitcoinity.org/markets/price/1h/USD?c=e&r=minute&t=l (rounded numbers)

Exmo seems unreliable as a reference, and is an outlier vs the remaining listed exchanges in the above chart.

Edit: 66.9K$ now ..

Almost reached $67,000, was only a few dollars sort, $66,940 to be exactly, according to CoinMarketCap. However, I didn't expect such a significant rise, at least not yet. I was positive that the new all-time high would soon occur, but I'd predict somewhere close to end of December, right before Christmas holidays, towards the end of the year.

[henmark]

Anyway, it was something quite unexpected and didn't actually believe that we'll see a new record by at least December. Let time do the work.

No, it is a highly expected one. Because in all the bull runs of bitcoin market, October month must be more exciting with strong bullish actions and this year is not an exception for that. I believe that we are not going to stop at the any nearby price levels but we are going to leap beyond $100k levels with this current bullish wave itself. There could be some short term pull backs but definitely no room for any more 50% kind of corrections until end of this year. So, get ready to have another new ATH for everyday here after until end of this year.

[AmoreJaz]

Bitcoin momentum is upward and it continues with new surprises for investors. Today Bitcoin has reached its ATH. Which is really awesome. Many were waiting for this day, but the journey was not over. The prediction is that this is going to high smoothly. We will see the price of bitcoin 100k very soon.

it may further increase as more crypto related ETFs may be approved in the next coming months. but expect that there may be a slight dump because some will sell their assets because they are already in profit. but i don't think it will go down much.
so high likely there will be newcomers again as they see that the price of btc is rising again. they should know the risks involved. we can't always expect the continuous rise in the market. at some point, it will decline a lil bit. more adoption is coming...

[Johnyz]

As expected after breaking its previous ATH and I see the price to continue to pump until $70k before we see another correction or we might not see one. ETF is on perfect timing and many investors are into it already, I’m confident and bullish that bitcoin can still hit $100k before the year end.

[batang_bitcoin]

Yeah, surprisingly the ATH got in. I've thought of those graphical charts tha I've seen that when the first gold ETF has been approved, its market cap has increased.
And now, I'm thinking about the same with bitcoin. Since it's first ETF has been approved, we're likely to see its market cap increase as well.