Bitcoin makes new ATH. More ATHs to come shortly.

[Silberman]

there are many short term factors that could affect the price of bitcoin and make it to go down scaring some newbies in the process, an example of that is what is happening with the new covid strain that has been discovered at South Africa, investors got very nervous not because of the discovery of a new strain itself but because it seems to be a strain that could be especially dangerous and that it could force us to go back to the lockdowns we suffered not long ago.

From this I come to a conclusion that bitcoin market is being controlled by retail investors and traders and not by long-term believers. Because, if we are the real influencers and taking bitcoin market to a new ATH near $70k, then definitely we will not get scared about a new covid variant and dumping bitcoins. I remember the same kind of scenario by March 2020. But, this time I am not expecting that kind of damage due to covid. It means we may see bitcoin prices to be recovering and setting up new ATH.

Honestly I am still confident about getting into $100k levels in 2021. Hopefully India will take a neutral stand along with their new crypto bill which might be another factor (by considering the number of bitcoin adapters) for driving bitcoin toward $100 in my opinion.

All markets are always controlled by those that are buying and selling, the holder has at best an indirect influence by not selling when there is a crash and making the crash smaller than what it would be, but other than that the holder does not hold any influence as it is not part of the process of price discovery short term traders and investors are part of, this can be considered unfair but it is a small price to pay to be able to hold your bitcoins for the long term.

[1714739479]

1714739479

[beerlover]

All markets are always controlled by those that are buying and selling, the holder has at best an indirect influence by not selling when there is a crash and making the crash smaller than what it would be, but other than that the holder does not hold any influence as it is not part of the process of price discovery short term traders and investors are part of, this can be considered unfair but it is a small price to pay to be able to hold your bitcoins for the long term.

Hey, I am not ready to agree with this. I believe holders are still a influencing factor like anything market on deciding the direction of market. Probably bitcoin is something unique with its supply system; bitcoin's supply at every 10 minutes might be leading to neutralize the power and effectiveness of holders; which is the reason it is seeming like long term holders are not playing any role on direction of market. Still, I am not ready to consider it is unfair.

For example, in other markets with no regular supply on daily or monthly supply; when someone is selling and then traders and investors may decide anything which again makes long term holders powerless. So, basically all the markets are working similar and bitcoin market is also checking all the boxes of basics of one perfect trading environment hence nothing unfair here just because of bitcoin markets.

[Lanatsa]

there are many short term factors that could affect the price of bitcoin and make it to go down scaring some newbies in the process, an example of that is what is happening with the new covid strain that has been discovered at South Africa, investors got very nervous not because of the discovery of a new strain itself but because it seems to be a strain that could be especially dangerous and that it could force us to go back to the lockdowns we suffered not long ago.

From this I come to a conclusion that bitcoin market is being controlled by retail investors and traders and not by long-term believers. Because, if we are the real influencers and taking bitcoin market to a new ATH near $70k, then definitely we will not get scared about a new covid variant and dumping bitcoins. I remember the same kind of scenario by March 2020. But, this time I am not expecting that kind of damage due to covid. It means we may see bitcoin prices to be recovering and setting up new ATH.

Honestly I am still confident about getting into $100k levels in 2021. Hopefully India will take a neutral stand along with their new crypto bill which might be another factor (by considering the number of bitcoin adapters) for driving bitcoin toward $100 in my opinion.

All markets are always controlled by those that are buying and selling, the holder has at best an indirect influence by not selling when there is a crash and making the crash smaller than what it would be, but other than that the holder does not hold any influence as it is not part of the process of price discovery short term traders and investors are part of, this can be considered unfair but it is a small price to pay to be able to hold your bitcoins for the long term.

Markets is controlled by buyers and sellers which is the main reason on why this market moves out on random behavior which it isn't surprising but there are

people which called whales that do really make out some significant effect on the market which cant really be avoided which turns out to be that somewhat

on the sense of manipulation which isn't surprising.We don't know on where this market would be going or heading.

[barbara44]

Honestly I am still confident about getting into $100k levels in 2021. Hopefully India will take a neutral stand along with their new crypto bill which might be another factor (by considering the number of bitcoin adapters) for driving bitcoin toward $100 in my opinion.

I am just changing my mind that we may see $100k levels only in January 2022. Because right now market is into sideways movement which may not get into bullish at any time soon. Even India got big number of userbase for bitcoin adoption, I do not expect India's bill will be one of the driving force for getting into $100k; because bitcoin market already defeated China's ban and compared to China, bitcoin adoption rate and businesses like mining/exchanges are very less in India. Hence, bitcoin will grow on its own regardless of what India will decide on bitcoin.

If you are waiting for any government's stand on bitcoin, then probably you are missing the current dips. In my opinion the current price level for the last time opportunity that we could accumulate bitcoin for less than $60k levels.

[bitterguy28]

there are many short term factors that could affect the price of bitcoin and make it to go down scaring some newbies in the process, an example of that is what is happening with the new covid strain that has been discovered at South Africa, investors got very nervous not because of the discovery of a new strain itself but because it seems to be a strain that could be especially dangerous and that it could force us to go back to the lockdowns we suffered not long ago.

From this I come to a conclusion that bitcoin market is being controlled by retail investors and traders and not by long-term believers. Because, if we are the real influencers and taking bitcoin market to a new ATH near $70k, then definitely we will not get scared about a new covid variant and dumping bitcoins. I remember the same kind of scenario by March 2020. But, this time I am not expecting that kind of damage due to covid. It means we may see bitcoin prices to be recovering and setting up new ATH.

Honestly I am still confident about getting into $100k levels in 2021. Hopefully India will take a neutral stand along with their new crypto bill which might be another factor (by considering the number of bitcoin adapters) for driving bitcoin toward $100 in my opinion.

All markets are always controlled by those that are buying and selling, the holder has at best an indirect influence by not selling when there is a crash and making the crash smaller than what it would be, but other than that the holder does not hold any influence as it is not part of the process of price discovery short term traders and investors are part of, this can be considered unfair but it is a small price to pay to be able to hold your bitcoins for the long term.

Yet the Holders are the majority in which handled bigger part of the market, the day traders are the one who is actively moving the market but it is the Holders that will decide the future of each coins.
But the ATH to come shortly seems to be taking long time as the price keeps in stagnant and cannot make a run even to reach 60k one more time.
so all in all it is the not coming closer to that another ATH in the making.

[Chato1977]

Had been waiting since couple of weeks but there is nothing happening , any chance to happen this December?

the month started with still stagnant price so what will we expect in the next couple of weeks before the Year ends?

[Vaculin]

Had been waiting since couple of weeks but there is nothing happening , any chance to happen this December?

the month started with still stagnant price so what will we expect in the next couple of weeks before the Year ends?

We'll just have to wait more because bitcoin knowing its highly volatile, it can suddenly make a price surge before we knew it. Patience is the best virtue for now. For the mean time, consider buying some bitcoin if you have good funds. Buy now before it will cross its $60k price resistance because once that happens, bitcoin price might start to skyrocket again with its goal of reaching its new ATH. If this will not be possible this year, there is still another year that will be more profitable than today's year.

[rodskee]

making it hard to compete the market now, Bitcoin keeps on failing to maintain 57,000$ value several days ago.

I thought this December 1 will be the beginning yet? nothing comes that good.

Lets wait for at least 2 weeks from now and if nothing happens ? then expect a Bull trap this End of December 2021.

for those who had accumulate when the price drops to below 30,000$ are surely the winner in this part because they can sell anytime they wanted to escape the trappings .,

[savetheFORUM]

If you are waiting for any government's stand on bitcoin, then probably you are missing the current dips. In my opinion the current price level for the last time opportunity that we could accumulate bitcoin for less than $60k levels.

I agree that bitcoin market will definitely defeat any government's stand because we have already seen enough proof for this. There is no big news (after the recent new corana variant news) are spreading with crypto space but it seems whales are silently manipulating the direction of markets and accumulating as much as they could. Yeah, otherwise I guess we are probably might have been trading around $70k levels by this time.

Usually all new months do give some boost up for bulls during bullish trend but this December 1st is looking different so far still we have some more hours left in this first day of this new month hence we may wait and see where market will start heading.

[fullhdpixel]

making it hard to compete the market now, Bitcoin keeps on failing to maintain 57,000$ value several days ago.

I thought this December 1 will be the beginning yet? nothing comes that good.

Lets wait for at least 2 weeks from now and if nothing happens ? then expect a Bull trap this End of December 2021.

for those who had accumulate when the price drops to below 30,000$ are surely the winner in this part because they can sell anytime they wanted to escape the trappings .,

I would say it is looking good right now, it is not doing that bad. I am not saying that we are getting to 70k+ soon or anything like that, but it is not looking like it is going to suck neither. I believe it is going to be decent and I believe it is going to be not so bad.

I get that not everyone believes bitcoin to be doing 70k+ or have another huge hype right now and that is understandable, but even if you do not believe it to be going super high, it is easier to believe that it is going to be not falling too much. So what you should do is, if you don't believe in super highs, just hope that it doesn't go under 55k, that way you would be doing a lot better.

[2double0]

Op, don't believe in S2F too much because the mt gox story is not over yet and they will release the coins any time (can do that even this month) and the fear can clearly be felt after seeing the market shaken and btc under 60k. I don't say that it will not recover and make a new ath, but not in December 2021 according to my thinking. On other hand, I see money flowing back into alts and they are doing better than btc, so don't stick to btc at times when you know you can make better gains with other options.

[Jating]

Op, don't believe in S2F too much because the mt gox story is not over yet and they will release the coins any time (can do that even this month) and the fear can clearly be felt after seeing the market shaken and btc under 60k. I don't say that it will not recover and make a new ath, but not in December 2021 according to my thinking. On other hand, I see money flowing back into alts and they are doing better than btc, so don't stick to btc at times when you know you can make better gains with other options.

But also the effects of the new covid-19 strain which really put a dent to all financial markets around the world. Maybe the critics of S2F modelling are now mocking it because we are far from it's prediction of 6 digits at the end of the year, maybe because it didn't take into account this kind of events (mt. Gox and then Omicron strain). But it is what is it, bitcoin is very volatile but it's good if we are going to end around $60k-$70k at least.

[Botnake]

making it hard to compete the market now, Bitcoin keeps on failing to maintain 57,000$ value several days ago.

I thought this December 1 will be the beginning yet? nothing comes that good.

Lets wait for at least 2 weeks from now and if nothing happens ? then expect a Bull trap this End of December 2021.

for those who had accumulate when the price drops to below 30,000$ are surely the winner in this part because they can sell anytime they wanted to escape the trappings .,

Bitcoin may not be at its best this time but who knows, it might skyrocket again in the middle of December. Knowing bitcoin, it’s always capable to suddenly reach another ATH because of its high volatility. And maybe you’re right, the winners will always be those who bought bitcoin when the price was definitely cheap.

For now, let’s just observe how the market goes before year end. I just hope there will be more good news to go so that the market will be greener and new ATH for bitcoin will be totally achieved.

[michellee]

making it hard to compete the market now, Bitcoin keeps on failing to maintain 57,000$ value several days ago.

I thought this December 1 will be the beginning yet? nothing comes that good.

Lets wait for at least 2 weeks from now and if nothing happens ? then expect a Bull trap this End of December 2021.

for those who had accumulate when the price drops to below 30,000$ are surely the winner in this part because they can sell anytime they wanted to escape the trappings .,

Bitcoin may not be at its best this time but who knows, it might skyrocket again in the middle of December. Knowing bitcoin, it’s always capable to suddenly reach another ATH because of its high volatility. And maybe you’re right, the winners will always be those who bought bitcoin when the price was definitely cheap.

For now, let’s just observe how the market goes before year end. I just hope there will be more good news to go so that the market will be greener and new ATH for bitcoin will be totally achieved.

Yes, they are making a lot of money because bought bitcoin in the drops at $30,000. I am not sure if they have already sold their bitcoin, especially if they have a high target price at $70,000-$100,000. We have much time just to wait for bitcoin to rise higher this month while we need to use this time by buying more bitcoin because bitcoin price now still not moving higher. We should not let this chance without doing something that can benefit us in the future. Hopefully, from this month until the new year, we will see a big change in the crypto market and that can give us a big profit too.

[dimonstration]

But also the effects of the new covid-19 strain which really put a dent to all financial markets around the world. Maybe the critics of S2F modelling are now mocking it because we are far from it's prediction of 6 digits at the end of the year, maybe because it didn't take into account this kind of events (mt. Gox and then Omicron strain). But it is what is it, bitcoin is very volatile but it's good if we are going to end around $60k-$70k at least.

Let's be glad that the price didn't fall too much when the new variant was announced. The news about new variant is alarming that can affect the economy again of those who juat restarting again to open their country with lesser restrictions regarding safety. Though we know crypto didn't affect much in covid pandemic last year we still cant guarantee if the variants will not harm crypto now. Hopefully this new variant will not spread longer to atleast reach new ATH before the year ends.

[doomloop]

they are making a lot of money because bought bitcoin in the drops at $30,000. I am not sure if they have already sold their bitcoin, especially if they have a high target price at $70,000-$100,000. We have much time just to wait for bitcoin to rise higher this month while we need to use this time by buying more bitcoin because bitcoin price now still not moving higher. We should not let this chance without doing something that can benefit us in the future. Hopefully, from this month until the new year, we will see a big change in the crypto market and that can give us a big profit too.

I have bought bitcoin lower than 30k, and I am still waiting for it to reach to a higher level. I am probably never going to sell it at this current amount I have, it would need to be millions of dollars for me to be able to sell and do something with it, otherwise it is obvious that we are going to end up with something that is a small amount since I couldn't invest as much as I wanted to. However, I have bought at 20k+ and then 30k+ and then 50k+ as well, even a small portion at 60k+ as well.

So, I have bought bitcoin many times, and I am going to buy more and more for years as well, I am not going to suddenly stop investing into crypto, I am not going to just wait for it to go up, I am going to keep buying it because I believe in the long term it will profit me a lot more. So not everyone just bought and waits, they may keep on buying more.

[2double0]

But also the effects of the new covid-19 strain which really put a dent to all financial markets around the world. Maybe the critics of S2F modelling are now mocking it because we are far from it's prediction of 6 digits at the end of the year, maybe because it didn't take into account this kind of events (mt. Gox and then Omicron strain). But it is what is it, bitcoin is very volatile but it's good if we are going to end around $60k-$70k at least.

Nobody knew the unexpected events such as Omicron coming back in our lives as a new variant, while vastly making it impossible for everybody to go out and freely do what they want to do, and this will also let the markets fall once again after omicron gets detected all over the company.

[Quidat]

But also the effects of the new covid-19 strain which really put a dent to all financial markets around the world. Maybe the critics of S2F modelling are now mocking it because we are far from it's prediction of 6 digits at the end of the year, maybe because it didn't take into account this kind of events (mt. Gox and then Omicron strain). But it is what is it, bitcoin is very volatile but it's good if we are going to end around $60k-$70k at least.

Nobody knew the unexpected events such as Omicron coming back in our lives as a new variant, while vastly making it impossible for everybody to go out and freely do what they want to do, and this will also let the markets fall once again after omicron gets detected all over the company.

Really hard to go straightforward if we do see these events that do affect globally then we could really presume out that the market could possibly fall which it is something a big probability to happen but these fundamentals doesnt really mean that we would crash but
to see on perspective on which this could again affect world economic state and since we are dealing with market
then its undeniable that it could make out some effect.

[freedomgo]

But also the effects of the new covid-19 strain which really put a dent to all financial markets around the world. Maybe the critics of S2F modelling are now mocking it because we are far from it's prediction of 6 digits at the end of the year, maybe because it didn't take into account this kind of events (mt. Gox and then Omicron strain). But it is what is it, bitcoin is very volatile but it's good if we are going to end around $60k-$70k at least.

Nobody knew the unexpected events such as Omicron coming back in our lives as a new variant, while vastly making it impossible for everybody to go out and freely do what they want to do, and this will also let the markets fall once again after omicron gets detected all over the company.

With the arrival of Omicron, it will be expected that most of the economies will be down due to temporary closures of non essential big and small establishments. With this, countries will be unproductive again. And crypto market is not an exception either. I think the present correction will last until Omicron will set in. But as expected, crypto will definitely recover and bitcoin will continue to reach its new heights again. And we will be expecting again that before 2021 ends, we will finally see a bull run before the crypto changes its cycle for another bear season and maybe it will happen early next year.

[rahmatrf331]

But also the effects of the new covid-19 strain which really put a dent to all financial markets around the world. Maybe the critics of S2F modelling are now mocking it because we are far from it's prediction of 6 digits at the end of the year, maybe because it didn't take into account this kind of events (mt. Gox and then Omicron strain). But it is what is it, bitcoin is very volatile but it's good if we are going to end around $60k-$70k at least.

Nobody knew the unexpected events such as Omicron coming back in our lives as a new variant, while vastly making it impossible for everybody to go out and freely do what they want to do, and this will also let the markets fall once again after omicron gets detected all over the company.

Really hard to go straightforward if we do see these events that do affect globally then we could really presume out that the market could possibly fall which it is something a big probability to happen but these fundamentals doesnt really mean that we would crash but
to see on perspective on which this could again affect world economic state and since we are dealing with market
then its undeniable that it could make out some effect.

negative issues made hopes of a new ATH vanish in December this year. Everyone's hope of breaking through to the highest price became the latest dream for novice investors which was not achieved. today the price of bitcoin is back to $56k already down from before the price of $57k.