harizen
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November 03, 2021, 10:41:28 PM |
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It's been almost 2 weeks since Bitcoin made a new ATH from $65K to $67K. Price is currently (as or writing) around 5% down at $63.5K. But when will we see another new ATH in Bitcoin?
Do any of you still think this is a double top that won't be broken ? How many of you are waiting patiently for 6 figures ?
Asking when is the next after just a next can't really determine even we will seek the opinion of the so-called professional. I'm not actually waiting patiently for that 6 figures as to why should we do that in the first place. We just need to just ride every trend and not expect much. If it happened then good, if not then no worries. To answer the poll, I will vote for the next 2 years which is not on the poll, with no analysis nor instincts involved. It's been always the same scenario wherein during the strong momentum, no one expects that there's a thing that can spoil it.
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2double0
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November 03, 2021, 10:54:48 PM |
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Ath needs enough volume to meet the sell orders and I have chosen next year due to btc possessing less chances to break the ath again this year. I don't want btc to give a moonshot and then fall like there is no tomorrow. Btc had been giving profits, now it will bring some sorrow so it shouldn't make a big difference when you know what may happen. The season is not over, but the bulls are under super high confidence and that's when, bears hammer them.
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Vaculin
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November 03, 2021, 11:24:49 PM |
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It can be someday, but it is possible to come this month, not by December. I was thinking that many holders will sell their coins in preparation for the Christmas celebration ( this is my plan too) and this could affect the current uprising momentum and fallbacks.
Well, I'd never expect the price of Bitcoin to rally high above $90k. That moon to come and able to reach around $80k-$90k, that is quite high, though. Anyways, we are too optimistic for the incoming but have to keep in mind as well that this could be subject to a change in direction and face a huge dump.
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TravelMug
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November 04, 2021, 01:16:19 AM |
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It can be someday, but it is possible to come this month, not by December. I was thinking that many holders will sell their coins in preparation for the Christmas celebration ( this is my plan too) and this could affect the current uprising momentum and fallbacks.
Well, I'd never expect the price of Bitcoin to rally high above $90k. That moon to come and able to reach around $80k-$90k, that is quite high, though. Anyways, we are too optimistic for the incoming but have to keep in mind as well that this could be subject to a change in direction and face a huge dump.
Yeah, but the selling could have occurred in the first and second week of December. So I think it will be next month when the price goes to the moon. Everyone is expected that the price will hit $100k at least, many bitcoin speculators are very optimistic about this prediction, maybe because of the S2F model or it's really the path of bitcoin this December.
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adaseb
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November 04, 2021, 02:08:06 AM |
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It’s hard to say. Generally Bitcoin had these double tops before at ATH back in 2017 and 2020 when it broke. And after a few days it ripped higher up. So it seems like this is a possible scenario, especially being in Nov which is a bullish month.
What I am worried about is that everybody is expecting at least $100K all the way to $250k. We got people quitting their jobs to trade crypto full time, we got Mcdonalds doing NFTs, we got alt coins pumping like crazy especially meme coins.
So it should break ATH again how be careful because there is tons of greed out there.
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Oasisman
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November 04, 2021, 03:09:04 AM |
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It's been almost 2 weeks since Bitcoin made a new ATH from $65K to $67K. Price is currently (as or writing) around 5% down at $63.5K. But when will we see another new ATH in Bitcoin?
Do any of you still think this is a double top that won't be broken ? How many of you are waiting patiently for 6 figures ?
Too early for the 6 figure. Remember, we're still in a bullish trend. Bitcoin haven't experienced any shar drops yet since the bullrun started. So, I guess corrections and market consolidation might occur more often. People are still selling at this price range, thus causing Bitcoin have difficulties on creating another ATH. However, 1 relevant positive news could spark another hype and most probably creates another run, from there we'll expect a new ATH around $70,000.
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Lucius
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November 04, 2021, 10:27:32 AM |
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Too early for the 6 figure.
I wouldn’t agree that it’s too early, and we might already be close to that goal if China hadn’t happened (again), and that Mr. Mars didn’t manipulate the crypto market (Bitcoin is green - dirty - green again), and shill that joke altcoin that caused huge losses to any average Joe who believed 1D would reach $1. Remember, we're still in a bullish trend. Bitcoin haven't experienced any shar drops yet since the bullrun started. So, I guess corrections and market consolidation might occur more often.
The bull run started after halving last year, sometime in August 2020 when MicroStrategy invested $250 million in BTC, and the year ended with a new $30k ATH. After that, we reached $65k, and shortly after that we found ourselves below $30k, so I wouldn't really agree if there weren't sharp drops - and which definitely caused a great deal of fear and suspicion that the bull market was over. People are still selling at this price range, thus causing Bitcoin have difficulties on creating another ATH.
People are always trading, this is quite normal - but they are also very susceptible to manipulation and have a herd mentality that is very easy to steer in one direction. Those who have large amounts of Bitcoin and fiat can therefore still manipulate a market that consists mostly of weak hands, and their loss is always someone’s gain - big fish eat small ones, the law of nature.
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dragonvslinux (OP)
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November 04, 2021, 01:14:12 PM |
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Do any of you still think this is a double top that won't be broken ? How many of you are waiting patiently for 6 figures ?
Double tops and triple tops are forming even in bullish markets and you must need patience before having the top for the 4th time. This is because they aren't necessarily bearish as patterns. Continually re-testing resistance with upwards sloping support only serves to weaken it and strengthen the price. Same as double or triple bottoms, while price can indeed rebound, the support becomes weaker. This is why we don't hear of quadruple tops being bearish, because it's less likely than a triple or double bottom being broken.
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Gozie51
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November 04, 2021, 01:15:17 PM |
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Ath needs enough volume to meet the sell orders and I have chosen next year due to btc possessing less chances to break the ath again this year. I don't want btc to give a moonshot and then fall like there is no tomorrow. Btc had been giving profits, now it will bring some sorrow so it shouldn't make a big difference when you know what may happen. The season is not over, but the bulls are under super high confidence and that's when, bears hammer them.
I'm believing this year to be quite different, on a different level from what we see in bitcoin where after ATH it drops badly to restart. Shocking to see it almost went down like previous to get to $30,000 but it went back higher since the time. The bull run can still be going on till the year end and continue that way to shoot at 6 digit soon.
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Wysi
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November 04, 2021, 04:44:59 PM |
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This is not a prediction but just a guess that if bitcoin can achieve new ATH then it should be between now and second week of December, I am quoting this by comparing with 2017 bullrun wherein bitcoin started sky rocketing from November and after third week of December it dropped down, hence I think next 45 days would be crucial.
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justdimin
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November 04, 2021, 06:41:50 PM |
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This is not a prediction but just a guess that if bitcoin can achieve new ATH then it should be between now and second week of December, I am quoting this by comparing with 2017 bullrun wherein bitcoin started sky rocketing from November and after third week of December it dropped down, hence I think next 45 days would be crucial.
History may repeat but not withe exact timelines. By considering the current situation of positive atmosphere in this crypto space, I started to believe into the speculations which are claiming that the bull run will last till the mid of next year. So, we might be having enough time to have another ATH and it may not necessarily happen within 2nd week of December like how it did in its last bullish cycle. A new ATH may happen this week also and at the same time we may happen another small corrections in between time so we need to be prepared to face anything. Definitely this is not a time for FOMO. We have time and the market also into sideways hence making use of dips will help everyone.
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Oceat
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November 04, 2021, 06:46:51 PM |
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This is not a prediction but just a guess that if bitcoin can achieve new ATH then it should be between now and second week of December, I am quoting this by comparing with 2017 bullrun wherein bitcoin started sky rocketing from November and after third week of December it dropped down, hence I think next 45 days would be crucial.
The 2017 bull run is quite different if you compared it to the bull run today since Bitcoin does pump twice thus breaking twice to attain a new ATH within this year. Plus the people are expecting too much in this bull run thingy that's why they hodl as much as they could while some would dump if they saw a fud but those are weak-hands and it's their loss already. The expected bull run that would make a six-digits price might happen next month or next year but the big question about that is, will they still hodl or dump everything after the pump? Then the fud and correction might follow after that which I expected already since it's the most common movement of the market after the bull run. But who knows?
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jaberwock
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November 04, 2021, 09:39:59 PM |
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I'm believing this year to be quite different, on a different level from what we see in bitcoin where after ATH it drops badly to restart. Shocking to see it almost went down like previous to get to $30,000 but it went back higher since the time. The bull run can still be going on till the year end and continue that way to shoot at 6 digit soon.
I agree with you on nearly everything that you have said so far, it is basically what I believe as well except the last part. I agree that the bull run will continue, it doesn't look like it will end anytime soon. However, I do not think that 100k will happen, it looks like it is going to be more like 70-80 range, it will probably not go over 80k but will go over 70k and it will be between those two amounts. That's just my guess though, it could be 200k and I may never predict it, since I will holding I would be even more happier if that happened. I just wanted to agree with the other parts, it doesn't look like crash is there, these are corrections and that's normal.
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Silberman
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November 04, 2021, 09:49:22 PM |
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It's been almost 2 weeks since Bitcoin made a new ATH from $65K to $67K. Price is currently (as or writing) around 5% down at $63.5K. But when will we see another new ATH in Bitcoin?
Do any of you still think this is a double top that won't be broken ? How many of you are waiting patiently for 6 figures ?
I picked the next month option on the poll, to me this seems like the most likely time frame in which this could happen, we are going to need this month of November for traders to recognize the 60k level is the new floor for bitcoin, and once they feel confident this is the case then they will begin to try to push for the price to go up, and once a new all time high is reached I really expect the price of bitcoin will go up during the whole month of December and finally reach 6 figures.
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Mahanton
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November 04, 2021, 09:59:25 PM |
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It's been almost 2 weeks since Bitcoin made a new ATH from $65K to $67K. Price is currently (as or writing) around 5% down at $63.5K. But when will we see another new ATH in Bitcoin?
Do any of you still think this is a double top that won't be broken ? How many of you are waiting patiently for 6 figures ?
We are all waiting for 6 figures and this is just what we are aiming or hoping for but we shouldnt really rush up on things because ATH would really come unexpectedly.It would really be just stressful for you to mind off always on rushing up yourself about or in regards with high price or moon. Take smart positions towards your trading So that you would really able to benefit out once the market had made out some significant movement upwards so it will really vary.
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Kelvinid
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November 04, 2021, 11:04:40 PM |
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It's been almost 2 weeks since Bitcoin made a new ATH from $65K to $67K. Price is currently (as or writing) around 5% down at $63.5K. But when will we see another new ATH in Bitcoin?
Do any of you still think this is a double top that won't be broken ? How many of you are waiting patiently for 6 figures ?
Of course, why not? Maybe next year or might be this year, nobody knows, right? Anyways, everyone is hopeful for such another achievement, I think. $70k, $80k, $90k, $100k are waving, as the market demand keeps on growing, we can't stop the price to keep moving high as well. I'm been absolutely getting hyped and encourage to invest more bitcoin and hold it as there is a bigger chance. Though it takes some while and I don't think we regret what of what we/I have done.
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Sihab76
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November 04, 2021, 11:28:35 PM |
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It's been almost 2 weeks since Bitcoin made a new ATH from $65K to $67K. Price is currently (as or writing) around 5% down at $63.5K. But when will we see another new ATH in Bitcoin?
Do any of you still think this is a double top that won't be broken ? How many of you are waiting patiently for 6 figures ?
The Bitcoin market is not always in one place but up to a certain rule. However, many experts believe that Bitcoin is going to exceed 6 digits very soon. Bitcoin will cross 6 digits next year for sure.
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Fundamentals Of
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November 05, 2021, 02:10:19 AM |
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Looking for another ATH only after almost two weeks of the latest ATH? Such impatience. But it will come soon. November is still a good month I believe. It might have a number of ATHs in store for us. I am still convinced that S2F is giving us an almost accurate prediction. If S2F will still prove right, $67,000 is going to be broken within the month. There will be fresh ATHs going to more than $90,000. Six figures will happen but not in November. It will be in December.
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Ngewex Yuk
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November 05, 2021, 07:47:28 AM |
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New ATH already occurred in October when it reached $68k, unfortunately the market was red again because speculators immediately took profits so that the market corrected, but I'm optimistic that November's new ATH will now reach at least $75k.
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TIME TO SLEEP
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btc78
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Eloncoin.org - Mars, here we come!
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November 05, 2021, 08:55:54 AM |
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It's been almost 2 weeks since Bitcoin made a new ATH from $65K to $67K. Price is currently (as or writing) around 5% down at $63.5K. But when will we see another new ATH in Bitcoin?
Do any of you still think this is a double top that won't be broken ? How many of you are waiting patiently for 6 figures ?
the first 5 option is enough and don't need to put the "NEVER" choice because we are here in Bitcointalk and we are here to support and believe in bitcoin ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) so practicality either from 1 day to 1 year or more but not to never because all of us are waiting for another ATH to come . but i choose next Month because bitcoin made another ATH this October so i believe that stagnant value this November will happen and December is the next pump.
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