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Author Topic: What if $70k was Bitcoin ATH for the year?  (Read 1091 times)
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November 16, 2021, 01:39:06 AM
 #61

70k is great growth, would be fine and sets up 2022 as also positive.   I cant see any problem at present, normal still bullish action.  Of course we will slow down in gains, its not going to be constantly easy upwards.


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November 16, 2021, 02:06:49 AM
 #62

70k is great growth, would be fine and sets up 2022 as also positive.   I cant see any problem at present, normal still bullish action.  Of course we will slow down in gains, its not going to be constantly easy upwards.
I think it's not that great, I mean we've almost touched that point already since bitcoin has reached around 68k already so I don't necessarily think that it's going to be a good one to end the year, but who knows what's going to happen next with the market in the next month and even the next year, it's not like this is the only ATH that bitcoin will reach in the future right?
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November 16, 2021, 04:01:42 AM
 #63

70k is great growth, would be fine and sets up 2022 as also positive.   I cant see any problem at present, normal still bullish action.  Of course we will slow down in gains, its not going to be constantly easy upwards.
I think it's not that great, I mean we've almost touched that point already since bitcoin has reached around 68k already so I don't necessarily think that it's going to be a good one to end the year, but who knows what's going to happen next with the market in the next month and even the next year, it's not like this is the only ATH that bitcoin will reach in the future right?

Of course. We are going to talk about many more ATHs in the future.

$70,000 within the year is good but may not be good enough because we are looking forward to the first time Bitcoin breaches a six digit figure price within the year. But I don't think I would be disappointed if $70,000 is the only ATH within the year. For me, it is also a sign that the year 2022 would be starting with a bullish outlook. I think $100,000 is to be reached within the year or next year. So we're always in a win-win situation.
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November 16, 2021, 06:19:28 AM
 #64

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
that is few hundred dollars from the last ATH right? why not at least think of 75,000 - 80k?

but having that ATH is enough for me, as i have already sold 30% of mu Bitcoin holding last week at 68,500k  so meaning if dump happened before the year ends then i have already some funds to re buy and keep holding again.

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November 16, 2021, 06:20:12 AM
 #65

At $70k, that will be a fantastic figure to hit even though there are projections for higher price level. I just did a mental calculation of what Satoshi's famed one million hodling amounts to; that puts it at $70billion. That's really huge and could easily put him on the top ten richest persons in the world. It's amazing for something that was worth peanuts a decade ago. Come to think of what Bitcoin was worth around this month in 2020, no one should complain if it doesn't cross that hypothetical $70k ATH. Bitcoin has really done so much for itself and the community. However, I'm convinced that it will blow past that level before the end of the year.

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November 16, 2021, 06:41:07 AM
 #66

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 don't think this bull run will be short-lived by just hitting the $70k mark, still gonna root that six figures to come this year alone. Of course it will be good if you sold the top but if you don't, then don't expect as well with a richer outcome.

Not gonna regret everything since still getting hype with the market sentiment of $100k or more than that value of bitcoin. Not just gonna stare I'd likely to savor the moment. If you've been FUDded before you see a $100k/BTC then cry as much as you can (this applies to those who paper handed).
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November 16, 2021, 10:11:00 AM
 #67

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.
this part refers to those who invested in bitcoin when the price is still 30-40k and surely their initial capital increased so much up to now. and that happened last month .

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 never regret my investment in bitcoin , yeah i may say small losses because i invest when the price at 50k (actually still inprofit but much lower than when it was 69k)

sentiment will indeed in my deep part, because i know that recovery will come in any moment.

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November 16, 2021, 11:31:12 AM
 #68

$ 70k is not bad to end the year, but I think everyone expects a price of $ 100k, and that is what many predict, according to cointelegraph, in the short term they show the following:



Quote
if the price turns up from the current level and breaks above $67,000, the next stop could be $69,000. A break and close above the resistance line of the wedge could open the doors for a possible rally to $75,000.
Source: https://cointelegraph.com/news/price-analysis-11-15-btc-eth-bnb-sol-ada-xrp-dot-doge-shib-luna

When looking at these short-term predictions, what they most expect is that it can reach $ 75k, it is a very good price index, it only remains to wait and see how everything continues to develop.

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November 16, 2021, 11:39:45 AM
 #69

I would be happy if $70k would be new ATH. Bitcoin almost doubled its value during this year. Even if its price continue todays fall, I would not be disappointed a lot. I would just hold and wait for a better price. Anyway, those who wanted had great chances to buy it this summer and sell it week ago. I suggest people not to panic and follow their plan and wait till the price would be suitable for them. As there definitely will new ATHs in future.

R


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November 16, 2021, 12:30:49 PM
 #70

I would be happy if $70k would be new ATH. Bitcoin almost doubled its value during this year. Even if its price continue todays fall, I would not be disappointed a lot. I would just hold and wait for a better price. Anyway, those who wanted had great chances to buy it this summer and sell it week ago. I suggest people not to panic and follow their plan and wait till the price would be suitable for them. As there definitely will new ATHs in future.

Not only you but for sure all bitcoin users and holders will be happy to see that to happen also imagine how big the noise it will get on the mainstream once this price achieve and for sure we will see more adoption plus more people will hop into the bitcoins. But hopefully we can see this to happen this year since if $70k will really broke for sure the possibilities to open up its door to $100k is so bright so lets keep the hype on to make the market continue to became more bullish.

R


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November 16, 2021, 01:21:54 PM
 #71

I would be happy if $70k would be new ATH. Bitcoin almost doubled its value during this year. Even if its price continue todays fall, I would not be disappointed a lot. I would just hold and wait for a better price. Anyway, those who wanted had great chances to buy it this summer and sell it week ago. I suggest people not to panic and follow their plan and wait till the price would be suitable for them. As there definitely will new ATHs in future.

Not only you but for sure all bitcoin users and holders will be happy to see that to happen also imagine how big the noise it will get on the mainstream once this price achieve and for sure we will see more adoption plus more people will hop into the bitcoins. But hopefully we can see this to happen this year since if $70k will really broke for sure the possibilities to open up its door to $100k is so bright so lets keep the hype on to make the market continue to became more bullish.
For bitcoin we are not so worried about the hype that occurs, because bitcoin has a good level of stability and movement for now, many people are optimistic that bitcoin will reach the maximum price, although many predictions that people make have different levels of variation, but I believe bitcoin will peak until the end of the year, if the positive trend continues through the end of the year.

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November 16, 2021, 01:42:23 PM
 #72

I would be happy if $70k would be new ATH. Bitcoin almost doubled its value during this year. Even if its price continue todays fall, I would not be disappointed a lot. I would just hold and wait for a better price. Anyway, those who wanted had great chances to buy it this summer and sell it week ago. I suggest people not to panic and follow their plan and wait till the price would be suitable for them. As there definitely will new ATHs in future.

Not only you but for sure all bitcoin users and holders will be happy to see that to happen also imagine how big the noise it will get on the mainstream once this price achieve and for sure we will see more adoption plus more people will hop into the bitcoins. But hopefully we can see this to happen this year since if $70k will really broke for sure the possibilities to open up its door to $100k is so bright so lets keep the hype on to make the market continue to became more bullish.
For bitcoin we are not so worried about the hype that occurs, because bitcoin has a good level of stability and movement for now, many people are optimistic that bitcoin will reach the maximum price, although many predictions that people make have different levels of variation, but I believe bitcoin will peak until the end of the year, if the positive trend continues through the end of the year.

For long term speaking yes we can say we are not worried about it since as history says bitcoin really get a price boost each year, but if we talk about short term then maybe volatility will be our main concern since mostly at this category small time traders are here and they can't afford to hold since they don't have enough money for long term purposes that's why many got caught on single movements of the market.

I also believe that we can see the peak until this year since if we can see another ATH will reach up then chances to see more bigger picture next year is so huge.

R


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November 16, 2021, 02:03:56 PM
 #73

70k is great growth, would be fine and sets up 2022 as also positive.   I cant see any problem at present, normal still bullish action.  Of course we will slow down in gains, its not going to be constantly easy upwards.
This number is quite large, even though 2022 is still very positive for bitcoin growth, but anything can happen to crypto, especially regarding bitcoin, considering the one that is the most important and continues to be discussed in the following years, but growth is very important in the trend There is, if bitcoin can maintain the trend well, then the opportunity is quite open.
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November 16, 2021, 02:37:10 PM
 #74

I'm sure I won't go crazy over it. If the price can only reach $70K then you have to look back at the fact that not all predictions will be correct. $100K is a possible/ unreachable target over the end of the year, so it's natural for most of us to expect price to not stop at $70K and $100K to be hit.

I'm just a little sorry that at the moment I don't have many opportunities to buy some bitcoin due to a lack of capital. I'm trying to collect bit by bit so it might be a lot at some point. If the price doesn't break through $100K then this will only give me more opportunities to collect more. I won't worry anymore, bitcoin is a profitable long term investment.

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November 16, 2021, 05:39:52 PM
 #75

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
Honestly, I still hope the Bitcoin price dumps again, because I don't have much Bitcoin myself, and I still only collect Altcoins, one of which is CKB and BTT,
because if the Bitcoin price dumps, the altcoin price will also follow, as happened right now, altcoin prices are -7% to -10% because Bitcoin dump prices are under $60k,
yes and I'm still hoping for more dumpsso that I can add my favorite altcoins. Buy in the DIPs haha.

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November 16, 2021, 08:33:36 PM
 #76

I would be happy if $70k would be new ATH. Bitcoin almost doubled its value during this year. Even if its price continue todays fall, I would not be disappointed a lot. I would just hold and wait for a better price. Anyway, those who wanted had great chances to buy it this summer and sell it week ago. I suggest people not to panic and follow their plan and wait till the price would be suitable for them. As there definitely will new ATHs in future.
I would not say that it doubled its value only, it also did it twice as well. If you check 1st of January it was a little bit under 30k, nearly 30k, and then during last ATH in April it reached 64k as we all know, that is already doubling once, then it dropped just a little bit under 30k once again, and now the ATH stands at nearly 69k as well. So, that is the proof that the volatility in bitcoin is also a great way to trade for many people as well.

Imagine if you could buy at 30k, have enough money to buy 1, then it reaches 60k and you sell, then you rebuy at 30k again, you now have 2 bitcoins, and then you sell at 70k and you have 140k, you got in with 30k, you turned it into 140k, that is more than 4x, its very close to 5x even. So in one year, anyone who used only the peaks would have made 5x, deal with everything in the middle and you would have as much as 10x just by trading bitcoin, I am not even getting into alts, which would be insane.
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November 16, 2021, 09:51:07 PM
 #77

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
Honestly, I still hope the Bitcoin price dumps again, because I don't have much Bitcoin myself, and I still only collect Altcoins, one of which is CKB and BTT,
because if the Bitcoin price dumps, the altcoin price will also follow, as happened right now, altcoin prices are -7% to -10% because Bitcoin dump prices are under $60k,
yes and I'm still hoping for more dumpsso that I can add my favorite altcoins. Buy in the DIPs haha.

For people like you who really intend to buy Bitcoin or altcoins at cheap prices, they will be very happy to see a market dump like it is now.
But for me or some people who have bought Bitcoin above $60k this is not a fun thing. But I've been studying crypto for more than 5 years,
so I really understand the movement of Bitcoin, I believe Bitcoin will not stay below $60k for too long. So I suggest you buy Bitcoin at
the current price, which in my opinion was very cheap, before the price of Bitcoin went up very quickly. Because Bitcoin is still in a bullish trend,
so if a correction occurs it will recover very quickly.

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November 17, 2021, 02:56:40 AM
 #78

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.
If $70k would be the ATH of BTC for this year then for me its not a bad thing. However it cant make me rich since I only have small holdings thus im hoping the price will increase further.

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 do have regrets for not buying few years back but there's no point if we dwell on it. What matters now is the current situation and how to take advantage it.

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November 17, 2021, 03:38:16 AM
 #79

Well, I think $70k is huge milestone for bitcoin if this bull market are ending soon. I hope most crypto enthusiasts already profited much for this amazing bull run ride since October 2020. But I don't think $70k will be the last ATH this year, look at the market sentiment right now its very bullish, this $70k will just be the next support in the next few weeks.     

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November 17, 2021, 05:40:15 AM
 #80

Will you be satisfied if 2021  ends with an ATH of $70k for Bitcoin.
contented already now at 68k , and 70k is just a bonus.
Quote
Will it make you more richer or it wouldn't add any value to your intial capital.
already took my profit weeks ago , and now all my funds inside are my initial capital.
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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
it is not when you joined but it is on How you Joined, and i joined because i trust Bitcoin and there is no way the this can taken from me.

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