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Author Topic: What if $70k was Bitcoin ATH for the year?  (Read 1181 times)
noormcs5
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January 20, 2022, 10:56:31 AM
 #201

Bitcoin's new ATH peak in 2021 is very clear at $68k and failed to break through $70k. 2022 is still waiting for the day, so don't expect any new ATH in 2021. bitcoin continues to be bearish currently at a low of $45k and holding between $45k - $49k.
yes, ATH $69,044.77 - Nov 10, 2021 and it's been proven that the long-standing prediction that bitcoin will hit $100K by the end of the year didn't come true. even now bitcoin is experiencing a fairly deep correction and is very worrying. expect bitcoin to remain stable in the range above $40K and not fall below it.

The best hope is that at the end of January there will be a gradual increase so that in February it is hoped that a new ATH will be formed again. The unfulfilled desire to make it at $100K will soon be realized this year.
many expect that bitcoin will start to improve this year, and we are waiting to see if it will materialize or for a deeper correction.

We are just starting this year so there's a lot to grow for bitcoin's price. Last year, btc started in the 30k range in Jan 2021, but this year, we started in the $45k+ level. So there's already a good leap and we have a good start. I'm very optimistic with what may possibly happen in the next coming months. So before it crosses to another ATH, better prepare for it before you regret the chance that you haven't taken any action yet.

69,000 was the all time high for 2021. I hope this all time high is broken in this year. We really don't want to see new lows. As per many experts, this may be the year of bull run as it seems that bull cycle is extended.
But for all these good scenarios, bulls desperately need to push the prices higher from 42k.

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pauloaragaomelo
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January 20, 2022, 02:58:44 PM
 #202

69,000 was the all time high for 2021. I hope this all time high is broken in this year. We really don't want to see new lows. As per many experts, this may be the year of bull run as it seems that bull cycle is extended.
But for all these good scenarios, bulls desperately need to push the prices higher from 42k.
The market lows will follow the situation from the daily news updates although no one from the community wants the crypto market to fall below $40k but chances are it will happen after bitcoin lows at $39k early January, the market needs a period of falling and boring before bullish for the price all-time highs expect in this year.

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January 21, 2022, 03:16:34 AM
 #203

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

Even if Bitcoin is unable to cross 70,000$ this year, there is nothing to regret. As things are turning up, I can easily see bitcoins crossing  hundred thousand dollar in early 2022.
I am hopeful for 2022, as I see this will bring the true bull run.
how can you see that the price of Bitcoin will be hundreds of thousands in early 2022?
that's a very fantastic knowledge that you have, whereas right now we are in a bear market that no one knows how long this will end. All speculation I think is reasonable, but it's just speculation that is not necessarily going to happen. maybe we should say that the market will recover but we all don't know when that will happen.
if seen from what has happened Bitcoin always grows to its peak price and can always recover but time will recover no one knows. it's all like in 2018 where there was a lot of speculation that the price of Bitcoin would be high in 2019-2020 but it never came.

Bitcoin price is consistency on decline since it hit it ATH back in November, 21. When we look at the broader picture of Financial markets, the tighter money supply and fear of interest rate increase is negatively impacting all markets including Bitcoin. In view of the foregoing we can predict that Bitcoin will remain side ways for many months to come and it is unlikely that it will hit new ATH in the near future.

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