What if $70k was Bitcoin ATH for the year?

[temple]

I would be quite pleased if the Bitcoin price would finish the year with a level like 70k dollars. Because I have bought some more after seeing the price going down below 60k dollars again. And I reckon that it can reach even a bigger level than 70k dollars if it starts climbing soon again. I wouldn't say no to a price like 100k dollars as I would nearly double my recent investment. 

I can tell you who would say no to 100k dollars - people who are still busy building their own investment position. It is not necessarily a bad thing when Bitcoin stagnates for a while. It gives people time to find about it, inform themselves and build their own position. More people create more liquidity and thicker order books. Now it is true that this can also increase selling pressure, but in the long run I would argue that it creates new ATHs that work like a compass for what is achievable for Bitcoin. We might not go as fast to 100k with more liquidity, but once we reach 100k it is also less likely that drop back to 60k like a rock.

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[BuNga_cute]

I hope many newbies learn from their mistakes and stay in the market, because experiencing losses when we start investing in Bitcoin is common.

When the market correction, you will not lose your bitcoin but you will only see the amount of conversion value to fiat go down. Do all beginners pay attention to this? NO, I think they are much easier to panic and just want to sell it right away for fear of losing too much.

What you say is true, newbies often panic when they see Bitcoin prices suddenly drop, that's what causes them to want to immediately sell
the Bitcoin they have. Because they think Bitcoin will continue to fall and they will suffer bigger losses. And if they are patient, Bitcoin will always
be able to recover again. And also as long as the Bitcoins we have haven't been sold, even though the price has decreased, we haven't actually lost.
It means don't panic easily, investing in Bitcoin must be familiar with volatile prices. It does require patience to be able to generate profits when
investing in Bitcoin.

[KennyR]

I would be quite pleased if the Bitcoin price would finish the year with a level like 70k dollars. Because I have bought some more after seeing the price going down below 60k dollars again. And I reckon that it can reach even a bigger level than 70k dollars if it starts climbing soon again. I wouldn't say no to a price like 100k dollars as I would nearly double my recent investment. 

The market is well prepared for a massive push, but we don't know when this gonna happen. As per the ongoing price movement, there is more chance of retesting price barriers of $60k. If it gains resistance to reach $65k then we can think of $100k within the end of the month. Or else we need some positive news to trigger the market on the positive note. Lets wait and hope for the best to happen.

[rahmatrf331]

These prices are quite adequate, anywhere above 20k is positive action going on from year to year.   People always want everything now basically, only up and ironically to go only up would be damaging and amount to volatility; where as sideways equates to some stability and helps future gains in that base of volume across this range.
  I dont see it doing much dramatic this year having failed to confirm that breakout ATH positively or thats my interpretation.

The new ATH for $70k has failed for 2021 and has become a new hope in 2022. I predict the bitcoin price in the first quarter of 2022 the bitcoin price will break through the new ATH which is above $70k to $80k and become the latest record in the first quarter. so this December is the peak for new investments because the price correction is happening right now.

[Kasabus]

These prices are quite adequate, anywhere above 20k is positive action going on from year to year.   People always want everything now basically, only up and ironically to go only up would be damaging and amount to volatility; where as sideways equates to some stability and helps future gains in that base of volume across this range.
  I dont see it doing much dramatic this year having failed to confirm that breakout ATH positively or thats my interpretation.

The new ATH for $70k has failed for 2021 and has become a new hope in 2022. I predict the bitcoin price in the first quarter of 2022 the bitcoin price will break through the new ATH which is above $70k to $80k and become the latest record in the first quarter. so this December is the peak for new investments because the price correction is happening right now.

We have still 3 weeks more to go before we can finally conclude what’s our last bitcoin ATH for this year. Knowing bitcoin which is highly volatile, it can still go higher than $67k and probably reach $70k by then or even higher than that. So as long as bitcoin remains volatile, there will always be chances to increase our previous ATH.

However, if bitcoin never recovers from this current correction, I can still say that the current price is still bullish and those who have bought bitcoin when it was $30k-$40k are already making profits by this time.

[LUCKMCFLY]

I hope many newbies learn from their mistakes and stay in the market, because experiencing losses when we start investing in Bitcoin is common.

When the market correction, you will not lose your bitcoin but you will only see the amount of conversion value to fiat go down. Do all beginners pay attention to this? NO, I think they are much easier to panic and just want to sell it right away for fear of losing too much.

All investors who are already successful now, at first they also suffered several losses. Make the loss experienced to learn to
understand how cryptocurrencies work. Moreover, it is possible that in December Bitcoin will be bullish again, so don't leave the market first,
should see the decline in the price of Bitcoin now as an opportunity for us to buy Bitcoin at a low price. Because this year is coming to an end,
it seems too difficult for Bitcoin to reach the price of $100k this year.  I also initially hoped that by the end of this year Bitcoin would be able to
reach a price of $100k, but I have to think more realistically by changing the target, and it looks like the $70k-$80 target is more likely to be
achieved by Bitcoin later this year.

Experienced investors will buy more bitcoin during a correction, they buy them at low price and then hold them for the long term. I'm not sure that they only target profit in 1-2 years, but this they can do for 5-10 years after they make a purchase. What they do is of course supported by capital and financial adequacy where the capital used for investment is not money that will be used to meet daily need. But can we do it? Yes, of course we can if we want and consider it to invest 20-30 percent of our monthly income without much problem.

If I saw how bitcoin hit $69K, then I wouldn't think $80K would be so hard to hit. But there are always doubt when FUD and negative news hit the market causing panic. Today the market is starting to try to recover, but tomorrow we don't know what will happen to the market.

You are right, I think the uncertainty is huge, the truth is that the market sees many orders at prices of $ 52k and above, orders are seen at $ 58k almost $ 59k, and it is varying with great intensity, honestly when we talk about BTC prices In my case I am out of the market, the uncertainty is very great and when in doubt I prefer not to leave everything to chance, because at the moment anything could happen and whatever happens I think I would not be able to react so quickly.

[jamkesmas]

Will you be satisfied if 2021  ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or  would you be glad you bought when the  market did a retracement? Or you are still staring at Bitcoin with some sentiment

I think this year has been fantastic for bitcoin where it was able to reach 2x new ATH.
if the expectation of bitcoin price I personally want Bitcoin to continue to correct its price so that I can buy more at a lower price, because I believe after a correction like what has happened now there will be a bull market and it will exceed 70k whether it happens at the end of this year or at the end of the year. next year but for sure I believe it will come.

[XCANA]

Will you be satisfied if 2021  ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or  would you be glad you bought when the  market did a retracement? Or you are still staring at Bitcoin with some sentiment

Am very satisfied with the ATH at $70k because I was able to sell my holding at profit and waiting to buy more when we get another bottom before end of this month. Whoever is still waiting to see another ATH before this year end may not see that opportunity again with the look of things.

[Slow death]

even in the last post I was talking about the $70,000 for this year, really many people exaggerated in the forecasts as the price kept going up people started to think that the price would just keep going up and not fall and with that forecasts like $70,000  and $100,000 were gaining in popularity and today the price has dropped a lot and we are here below $50,000

Will you be satisfied if 2021  ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or  would you be glad you bought when the  market did a retracement? Or you are still staring at Bitcoin with some sentiment

Am very satisfied with the ATH at $70k because I was able to sell my holding at profit and waiting to buy more when we get another bottom before end of this month. Whoever is still waiting to see another ATH before this year end may not see that opportunity again with the look of things.

congratulations to you people who love to make hodl i doubt they have sold

[Jating]

Will you be satisfied if 2021  ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or  would you be glad you bought when the  market did a retracement? Or you are still staring at Bitcoin with some sentiment

Am very satisfied with the ATH at $70k because I was able to sell my holding at profit and waiting to buy more when we get another bottom before end of this month. Whoever is still waiting to see another ATH before this year end may not see that opportunity again with the look of things.

It's good to hear others making good profits from the last all time high which is close to $70k.

But for now I think it's going to be difficult for us to reach that price level, I mean we can't even hold $50k without experiencing any dump. However, we can look at it as a perfect opportunity to buy because it is cheap and at a discount.

And we knows, maybe we can still go $70k right? we just need some time in the next 3 weeks, and hopefully a break out run would happen before we close out this year.

[Raflesia]

even in the last post I was talking about the $70,000 for this year, really many people exaggerated in the forecasts as the price kept going up people started to think that the price would just keep going up and not fall and with that forecasts like $70,000  and $100,000 were gaining in popularity and today the price has dropped a lot and we are here below $50,000

They are not aware that the increase is prone to a decline that is much more severe. This is evidence that what is exaggerated by a high increase is precisely the price going down because it becomes bearish.
I know because they are too confident with prolonged bullishness but at the end of the year everything turned red the market turned red but we are still holding on to $50k even though this has to pass until the beginning of the year.

[kotajikikox]

Looking at the flow , I am thinking that 70k won't be the ATH because the price might stays in this value now.

after being stagnant at 50-60k level now we are at 40k level and this staying badly.

so yes it is below 70k is the ATH this year

[akar87]

I think this year has been fantastic for bitcoin where it was able to reach 2x new ATH.
if the expectation of bitcoin price I personally want Bitcoin to continue to correct its price so that I can buy more at a lower price, because I believe after a correction like what has happened now there will be a bull market and it will exceed 70k whether it happens at the end of this year or at the end of the year. next year but for sure I believe it will come.

And now the market is moving as you expected bitcoin to experience a deep correction after successfully reaching 2× ATH this year, then now is certainly the right moment to buy bitcoin at a low price and then hold it for a few months while waiting for a recovery in bitcoin price because I think the correction experienced by bitcoin is currently only temporary.

[leea-1334]

You are right, I think the uncertainty is huge, the truth is that the market sees many orders at prices of $ 52k and above, orders are seen at $ 58k almost $ 59k, and it is varying with great intensity, honestly when we talk about BTC prices In my case I am out of the market, the uncertainty is very great and when in doubt I prefer not to leave everything to chance, because at the moment anything could happen and whatever happens I think I would not be able to react so quickly.

But when was the uncertainty ever small when it comes to Bitcoin anyway right?

We are talking about an asset that has shown it can go up 25% in a day, and also that can crash the same amount in a day so easily.

We have seen long periods of trading in the same price zone as well.

We have seen one really bad month followed by one really good month.

Volatility. Uncertainty. That literally is a description for Bitcoin price.

[Baofeng]

I think this year has been fantastic for bitcoin where it was able to reach 2x new ATH.
if the expectation of bitcoin price I personally want Bitcoin to continue to correct its price so that I can buy more at a lower price, because I believe after a correction like what has happened now there will be a bull market and it will exceed 70k whether it happens at the end of this year or at the end of the year. next year but for sure I believe it will come.

And now the market is moving as you expected bitcoin to experience a deep correction after successfully reaching 2× ATH this year, then now is certainly the right moment to buy bitcoin at a low price and then hold it for a few months while waiting for a recovery in bitcoin price because I think the correction experienced by bitcoin is currently only temporary.

Surprisingly, bitcoin bounce back to 6% right now, so there are still some time to buy at this current market price, otherwise this window might close as the price will go hit $52k++ in the next coming days.

Yeah, correction is just temporary, just a matter of time before it can make a break out run. The problem is that we really don't know when bitcoin will recover. Maybe weeks or months, so one thing is for sure is to take advantage of the dip and buy and don't wait for it to go down further.

[rodskee]

I think this year has been fantastic for bitcoin where it was able to reach 2x new ATH.
if the expectation of bitcoin price I personally want Bitcoin to continue to correct its price so that I can buy more at a lower price, because I believe after a correction like what has happened now there will be a bull market and it will exceed 70k whether it happens at the end of this year or at the end of the year. next year but for sure I believe it will come.

And now the market is moving as you expected bitcoin to experience a deep correction after successfully reaching 2× ATH this year, then now is certainly the right moment to buy bitcoin at a low price and then hold it for a few months while waiting for a recovery in bitcoin price because I think the correction experienced by bitcoin is currently only temporary.

2 ATH? lol bitcoin reached multiple ATH this year alone , so it is not that 2x  to be precise , and if you are tending to buy , then you should have done that last week because of the dropping price,
but of course if you are into Long term then best to purchase now before the price Skyrocket in a couple of weeks before another correction happens.
actually we have done the correction , this is the encouragement for another set of investors to enter the market , while whales are trying to full their funds out to bag money.

[darkangelosme]

Yeah dude it much better for us investors that Bitcoin will reach that amount price, but i still believe that Bitcoin price will reach 100 k USD that's why i did buy some Bitcoin in the past few months cause i believe that Bitcoin will surprise us.

[pauloaragaomelo]

Yeah dude it much better for us investors that Bitcoin will reach that amount price, but i still believe that Bitcoin price will reach 100 k USD that's why i did buy some Bitcoin in the past few months cause i believe that Bitcoin will surprise us.

Bitcoin will reach ATH $100k will be the main reason that the market price will not drop drastically at this time, support for ATH 100k is expected to be reached within the next year and will be a big historical moment for bitcoin's journey to reach a new ATH.

[JohnBitCo]

Will you be satisfied if 2021  ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or  would you be glad you bought when the  market did a retracement? Or you are still staring at Bitcoin with some sentiment

Although I understand that this question was asked a month ago, when bitcoin prices were recovering and 70,000$ and above was looking within the reach, but now it seems that we may not make another all-time high this year and 69K would be the all-time high in this year. I am not saying that we are heading towards the bear market, We may have a extended bull market which may last in 2022 also.

[Furious 7]

Will you be satisfied if 2021  ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or  would you be glad you bought when the  market did a retracement? Or you are still staring at Bitcoin with some sentiment

Although I understand that this question was asked a month ago, when bitcoin prices were recovering and 70,000$ and above was looking within the reach, but now it seems that we may not make another all-time high this year and 69K would be the all-time high in this year. I am not saying that we are heading towards the bear market, We may have a extended bull market which may last in 2022 also.

It's still in a trending period but many people always associate it with Chinese FUD which always affects bitcoin's decline but for me believe that the bulls will definitely be long, it's just that we see bitcoin slightly advancing and then retreating again we have to be strong to settle for a little time until the end of the year and start the journey back in 2022.
The current resistance is $50k, if below that it will come back again. Try to pay attention to the bitcoin price at the time of the movement, it can even last long enough above the $50k threshold.