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Author Topic: What if $70k was Bitcoin ATH for the year?  (Read 1091 times)
Oceat
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November 13, 2021, 08:35:22 PM
 #21

I will be satisfied even if ATH $70k because for me it is a new record and no regrets on the slow trend because the journey is still long in the next post so what is there to regret? We can only wait for the best time.

Bitcoin is towering because of a long journey so we must really believe that bitcoin can exceed the ATH mentioned, I think with some of those predictors we can combine but we must be able to hold on to the situation that will continue.

Next year's target is $100k I'm sure of that.
In my case, $70k or $80k for this year is enough already I just want to make sure that I will gain profit and probably gonna wait until the correction hits to buyback again. But I'm worried if the bear season would come next year then we definitely not gonna see the $100k or more. Speculators and the experts of businesses are giving their own price prediction that is beyond $100k by the end of the year.

Bitcoin is making a constant changes within this year that doesn't happened in its previous bull run. So, we probably gonna see another ATH next month or next year unless the FUD is not release. Or else the correction will make its move to make the bear come out after a few weeks of the correction.

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November 13, 2021, 08:46:11 PM
 #22

Will you be satisfied if 2021  ends with an ATH of $70k for Bitcoin.

Why I won't be satisfied if btc closes its note at $70k as ath for this year? It has added only to its value since last year and is ~4.6x from $16k that it was holding last year this day.

Quote
Will it make you more richer or it wouldn't add any value to your intial capital.

Won't add anything to my capital as I didn't invest in btc last year.

Quote
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 will have no regrets about joining or not joining because I am a bitcoin evangelist and like everybody here, I also want it to succeed so on if it grows, I will be happy always. I will also be glad if a retracement happens and I get another chance at buying btc cheaper than its present value.
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November 13, 2021, 10:40:05 PM
 #23

Isn't that fine? I mean do you really must get 100k+ or whatever you are aiming at for this year to make you happy? I am totally fine with whatever we have, I do not need to see something that is grand to be happy with the situation. Now dropping a lot is a different case then having a high price, I could be happy with not reaching 70k+ but if it reaches to 30k against this year that could be a little bad.

Yeah, that's fine with me as well, the thing is that we are somewhat make to believed that $100k will be the norm for this year because of so many predictions about it from known personality and of course the S2F model.

I would still not be worried, just get more bitcoins when it is cheap so I would be still glad that it dropped, but I would also understand people who end up scared as well, that part makes sense. If you are all in and not making any more purchases then you could be a little upset when it falls down.

Those that are going to be worried are those who buy bitcoin at the top price. So we understand there concern that they wanted to get profits from their investment. But whatever angle you look at it, we have reach many ath this year and $70k+ is already too high.

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November 13, 2021, 10:45:16 PM
 #24

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

Bitcoin to reach 70k $ this year is a must. It is so close to that goal and i think it will reach before the end of the year. When it reach 70k $ it will go even faster to 80k $ those are my predictions and will probobly take the entire crypto market with it up.

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November 13, 2021, 10:51:29 PM
 #25

Isn't that fine? I mean do you really must get 100k+ or whatever you are aiming at for this year to make you happy? I am totally fine with whatever we have, I do not need to see something that is grand to be happy with the situation. Now dropping a lot is a different case then having a high price, I could be happy with not reaching 70k+ but if it reaches to 30k against this year that could be a little bad.

Yeah, that's fine with me as well, the thing is that we are somewhat make to believed that $100k will be the norm for this year because of so many predictions about it from known personality and of course the S2F model.

I would still not be worried, just get more bitcoins when it is cheap so I would be still glad that it dropped, but I would also understand people who end up scared as well, that part makes sense. If you are all in and not making any more purchases then you could be a little upset when it falls down.

Those that are going to be worried are those who buy bitcoin at the top price. So we understand there concern that they wanted to get profits from their investment. But whatever angle you look at it, we have reach many ath this year and $70k+ is already too high.

What we achieved so far this year is already great for me.
We have reached price levels that have not been seen in btc history, for the last decade.
So whatever the price it will close this year, I will be more than happy to see.
And the adoption and interest from various entities is still increasing, so we don't have to worry about its future.
Most of us wanted profits of what we invested, that's understandable, but don't push yourself too much.
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November 13, 2021, 10:55:25 PM
 #26

I'm good with $70,000 already. But the problem here now is how the market will start and stay. Like how much could be a potential percentage of dump from its all-time high.
We all know for the past years of the bear market of Bitcoin, it is losing too much, like more than 50% from the all-time high price.
I am expecting the next bear market could be very short like only 2-5 months only. Just like what happened last May 2021 .

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November 13, 2021, 11:32:28 PM
 #27

I am holding Bitcoin for more than 5 years. At this point I'm already extremely satisfied with Bitcoin's performance, even if it stopped growing and never moved above the current price for the rest of the history, that would still be a tremendous success for me. I could cash out and reinvest it into a diversified portfolio of traditional assets like real estate and be very financially secure.


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November 13, 2021, 11:37:45 PM
 #28

Bitcoin to reach 70k $ this year is a must. It is so close to that goal and i think it will reach before the end of the year.
I hope so, too. But even if $70k is so close already, there is no guarantee it can be achieved soon. I myself, don't brave to say it will be reached before a new year. We all know if crypto market is very unpredictable, a good trend can change to be a bad trend instantly if there is bad news about crypto. We can expect $70k to be achieved in the next month, but we must understand it isn't a must.

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November 13, 2021, 11:50:47 PM
 #29

Bitcoin with the ongoing market trend easily reaches new ath within the year end. If the present market test succeed breaching $65k then there'll be strong forward push. If not there is chance of pull back to $62k and retest the resistance zone around $60k.This is today's market situation, and this can change anytime and continue to make new ath consecutively. When we're into cryptocurrency there is nothing to regret, make everything an opportunity and try to profit out of it.

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November 13, 2021, 11:59:31 PM
 #30

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

What's your definition of being satisfied? Is it really necessary for Bitcoin to reach $70,000 before the end of the year?

What if it didn't reach that target? It's not satisfying?

As long as Bitcoin will keep up the momentum, that's better compared to the quick jump.
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November 14, 2021, 03:53:17 AM
 #31

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

What's your definition of being satisfied? Is it really necessary for Bitcoin to reach $70,000 before the end of the year?

What if it didn't reach that target? It's not satisfying?

As long as Bitcoin will keep up the momentum, that's better compared to the quick jump.

Good question, I don't think that people are going to be satisfied here, it's human nature.

$70k might be high, but it might not be good for some, and then there are people who are not making any profit for this price.

So really depends on how we defined satisfaction. But as far as experience goes, in life there's no such thing as contentment specially that involves money.

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November 14, 2021, 04:46:39 AM
 #32

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 am even satisfied when the price reached  50k and then taken 60k so what more that 70k? lol i am contented in bitcoin performance this year, i have invested my money for long term now as i have bought at 35k , but if lucky and bitcoin will go high to more than 80k then i may decide withdrawing my funds for a while because i know 2022 will be a difficult year for bitcoin.









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November 14, 2021, 05:10:53 AM
 #33

What's your definition of being satisfied? Is it really necessary for Bitcoin to reach $70,000 before the end of the year?

What if it didn't reach that target? It's not satisfying?

As long as Bitcoin will keep up the momentum, that's better compared to the quick jump.

Precisely mate, looking at the market of bitcoin today we can distinguish the big difference of the market compare to the past years market and I think attaining a $70k-$100k new ATH or having a strong resistance on the $60k level of market price for me I think is quite enough than looking again the market drowning down, I mean as long as the bitcoin keep up the momentum it's quite interesting even we know it might takes a few months or we may see the new ATH of bitcoin by next year is okay because we know and were very optimistic that it will going to happen by assessing the market of bitcoin today right.
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November 14, 2021, 11:13:23 AM
 #34

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
always keep hoping that not just up to $70K bitcoin will hit the price for this year, because just getting to $70K definitely isn't that surprising. since the last ATH price was already at $69,044.77 - Nov 10, 2021, it should only be a matter of time before the move to reach $70K will allow bitcoin to reach it.

maybe if they already have bitcoin from the start then with $70K it is clear they have made a good profit but is it possible to stop at that price if there will be another chance?

i am even satisfied when the price reached  50k and then taken 60k so what more that 70k? lol i am contented in bitcoin performance this year, i have invested my money for long term now as i have bought at 35k , but if lucky and bitcoin will go high to more than 80k then i may decide withdrawing my funds for a while because i know 2022 will be a difficult year for bitcoin.
obviously you have achieved a very good profit because you bought bitcoins still at $35K and if it only reaches $70K then you get a profit according to your capital and this is clearly an extraordinary achievement and rarely can enjoy this. because in a really difficult situation, it is clear that the challenge of not sell is certainly full of patience that you need to have.

but it's clear that if there is an opportunity to be able to enjoy a higher price, it doesn't hurt to keep waiting until the price is really the maximum that is done by bitcoin.

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November 14, 2021, 03:09:01 PM
 #35

Isn't that fine? I mean do you really must get 100k+ or whatever you are aiming at for this year to make you happy? I am totally fine with whatever we have, I do not need to see something that is grand to be happy with the situation. Now dropping a lot is a different case then having a high price, I could be happy with not reaching 70k+ but if it reaches to 30k against this year that could be a little bad.

Yeah, that's fine with me as well, the thing is that we are somewhat make to believed that $100k will be the norm for this year because of so many predictions about it from known personality and of course the S2F model.

I would still not be worried, just get more bitcoins when it is cheap so I would be still glad that it dropped, but I would also understand people who end up scared as well, that part makes sense. If you are all in and not making any more purchases then you could be a little upset when it falls down.

Those that are going to be worried are those who buy bitcoin at the top price. So we understand there concern that they wanted to get profits from their investment. But whatever angle you look at it, we have reach many ath this year and $70k+ is already too high.

What we achieved so far this year is already great for me.
We have reached price levels that have not been seen in btc history, for the last decade.
So whatever the price it will close this year, I will be more than happy to see.
And the adoption and interest from various entities is still increasing, so we don't have to worry about its future.
Most of us wanted profits of what we invested, that's understandable, but don't push yourself too much.


Yep, adoption and fundamentals are even greater as well.

If I recall correction, when China miners where booted out by their government, the hashing power went down, together with the price, but now we have bounce back and recovered and the network is very secure right now more than ever. That alone shows that bitcoin is going to last for the next 10 years or so and probably this might be one reason that the price will still continue to grow. But $70k this year is great already, but it will be even better if we are going to peak at 6 digits at the end of 2021 or early 2022.

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philipma1957
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November 14, 2021, 06:13:43 PM
 #36

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

Your question was wrong.

Should have been what if we do not top 70k in 2021 would you be okay with it?

For me no I truly want to see it reach 70k this year.

I predicted 70k in May.

Back in April 2021 we are yet to get there so I personally blame myself for that and until we reach 70k I will remain on the hook.

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November 14, 2021, 06:32:49 PM
 #37

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

When BTC grows up, it not only satisfy bitcoin investors but other investors who invested on other crypto coins would be much happier since, maximum all other coins follow the growth of bitcoin.

And yes there are high chances for Bitcoin reach another ATH more than $70k by end of this month or in the beginning weak of December 2021.

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November 14, 2021, 07:08:46 PM
 #38

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

When BTC grows up, it not only satisfy bitcoin investors but other investors who invested on other crypto coins would be much happier since, maximum all other coins follow the growth of bitcoin.

And yes there are high chances for Bitcoin reach another ATH more than $70k by end of this month or in the beginning weak of December 2021.
I do agree that bitcoin has still all the chances to hit new ATH before 2021 ends and $70k may not be the end point for this year. But if bitcoin suddenly faces an unexpected serious dump and see bitcoin price drops drastically, and ends up reaching only $70k as its new ATH. That is still a good price for bitcoin and for long term holders, they can gain huge profits already if they start selling. But i believe, bitcoin is still capable of reaching new heights in the year 2022 so i think there will be no big issues if we can only reach $70k for this year.

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November 14, 2021, 07:48:03 PM
 #39

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
always keep hoping that not just up to $70K bitcoin will hit the price for this year, because just getting to $70K definitely isn't that surprising. since the last ATH price was already at $69,044.77 - Nov 10, 2021, it should only be a matter of time before the move to reach $70K will allow bitcoin to reach it.

maybe if they already have bitcoin from the start then with $70K it is clear they have made a good profit but is it possible to stop at that price if there will be another chance?
I get that not many people might look at this as a way to make a profit quickly even when they are talking about 70k, but the reality is that if we reach that level and stay there, that's all the same and I believe we should be quite happy with it and not worry about anything more. Hopefully we will see a lot more increases soon, but if not then I would not be upset and I understand all the other people who feel like me.

We are a lot and maybe we are not noisy but we could be silent majority, we just like the fact that bitcoin increased a lot this year and even with a fall we managed to keep it under control and managed to keep it at a satisfying level. That is all you could care about, there is really no need to keep wanting more and more, just be happy that we didn't fall.
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November 14, 2021, 08:03:03 PM
 #40

Depending if the holder is ready to take advantage with ATH is something to be expected. $70K for year-end closing is not a bad moment. Considering that throughout 2021 Bitcoin has acted quite aggressively, even in this one year Bitcoin has rallied several times. That's only in 2021. So if you say Bitcoin will close at the end of the year with its ATH again, we will automatically be ready for a massive crash in 2022, or on the contrary, there will be no more severe crashes like dark years because adoption has increased from year to year. year?

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