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Author Topic: What if $70k was Bitcoin ATH for the year?  (Read 1092 times)
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December 17, 2021, 06:14:02 PM
 #181

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? Smiley

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.
Yes, I agree with what you say, what happens is that it is almost a good night, and normally most people are waiting for the BTC market to take a huge bullish turn or jump, since since May, June, what more was said about him. It was this Christmas season, we have always known that the demand increases, and therefore we could expect the long-awaited increase in BTC, even with the S2F model it was expected this year at least it would reach $ 100k, and in some cases. Wall Street say it can reach $150k.


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December 17, 2021, 06:26:07 PM
 #182

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
70k or not then no one could ever tell because price is always unpredictable and theres no way that we could tell on what would be the final point for this years price and its always been like this on where majority of the community does really expect that there would be some significant movement
in price in last month of every year.

The past had already proven it out because several years we do really go sideways on this particular months but lets just make out some conclusion
yet we are still halfway before this year ends.

For now lets just make out some assumptions and a never ending speculation as always.

R


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December 17, 2021, 11:37:06 PM
 #183

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
70k or not then no one could ever tell because price is always unpredictable and theres no way that we could tell on what would be the final point for this years price and its always been like this on where majority of the community does really expect that there would be some significant movement
in price in last month of every year.

The past had already proven it out because several years we do really go sideways on this particular months but lets just make out some conclusion
yet we are still halfway before this year ends.

For now lets just make out some assumptions and a never ending speculation as always.

And while speculating, make sure you are doing something to possibly address the bullish or bearish season. We should be prepared and ready either way so you will not feel trap if it goes sideways. So you need to lay out your plans in both scenarios, and accumulate worthwhile projects while you can. Because once they start going up, you will feel regret if you haven't bought some of these valuable coins.
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December 18, 2021, 02:08:12 AM
 #184

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.
I am very satisfied for the Bitcoin ATH this time which coincides in 2021, $70k the highest moment in Bitcoin history since it was introduced to the wider community.

It's just that we need to wait for the next ATH to reach $150k, in the next 4 years.

Of course, we should be thankful that we have reach almost $70,000 as our new all time high, 4 years ago it was almost $20,000. So you do the math and what will be in the next 4 years.

I just put aside reaching 6 digits this year or next year, maybe it will happen but we just have to wait for it and not expect it to suddenly pop out. It's better a slow and sure grind to $100,000 or more in the next 4 years.

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December 20, 2021, 06:04:26 AM
 #185

But when was the uncertainty ever small when it comes to Bitcoin anyway right? Smiley
Yes, I agree with what you say, what happens is that it is almost a good night, and normally most people are waiting for the BTC market to take a huge bullish turn or jump, since since May, June, what more was said about him. It was this Christmas season, we have always known that the demand increases, and therefore we could expect the long-awaited increase in BTC, even with the S2F model it was expected this year at least it would reach $ 100k, and in some cases. Wall Street say it can reach $150k.

S2F model is famous because it is the most accurate model yet and although the person who created it admitted it was already off target for November, and it seems he says for December we are also falling away, I still think he is right about the 100k just maybe a year delayed.

Wall Street wants BTC to go 150000 you know,,, they realize Bitcoin strong correlation with stocks Wink

.
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December 20, 2021, 07:05:43 AM
 #186

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.
I am very satisfied for the Bitcoin ATH this time which coincides in 2021, $70k the highest moment in Bitcoin history since it was introduced to the wider community.

It's just that we need to wait for the next ATH to reach $150k, in the next 4 years.
Bitcoin all time high this year is only $69,044, just a few dollars to reached it to $70k but unfortunately it didn't happen but it's okay because with the situation we are in now is the best to buy and hold it for the upcoming bull run probably early 1st quarter next year, let's just appreciate for now of how great bitcoin did us this year.
$150k in 4 years? Nah mate, it won't take that long to get that certain value. In fact, it's very possible that bitcoin will reach that value next year in 3rd or 4th quarter considering that bitcoin is extremely volatile so I think it's much better to hope that way.

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December 20, 2021, 07:43:33 AM
 #187

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.
I am very satisfied for the Bitcoin ATH this time which coincides in 2021, $70k the highest moment in Bitcoin history since it was introduced to the wider community.

It's just that we need to wait for the next ATH to reach $150k, in the next 4 years.

Of course, we should be thankful that we have reach almost $70,000 as our new all time high, 4 years ago it was almost $20,000. So you do the math and what will be in the next 4 years.

I just put aside reaching 6 digits this year or next year, maybe it will happen but we just have to wait for it and not expect it to suddenly pop out. It's better a slow and sure grind to $100,000 or more in the next 4 years.
at the time of writing the thread, I think the bitcoin price is very close to $70k, and people want to see a $100k price. however, right now, even i also hope the price can reach $70k, it's just that it's very difficult for now.
however, when the bitcoin price could hit $70k by the end of the year, it's a very very satisfying service to hold on to. this will affect the prices of altcoins. however, even when bitcoin's price hits $60k, I think, that's pretty satisfying for now, and pretty good for the start of 2022.

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bitterguy28
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December 20, 2021, 10:43:25 AM
 #188

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.
I am very satisfied for the Bitcoin ATH this time which coincides in 2021, $70k the highest moment in Bitcoin history since it was introduced to the wider community.

It's just that we need to wait for the next ATH to reach $150k, in the next 4 years.
Wrong , Bitcoin did not ever reached 70 till this very moment , instead almost 69,000 is the highest or the ATH now.

But like you and majority of the posters , I am also satisfied in how much climbing Bitcoin did this year alone.
Imagine multiple ATH had been recorded since the first quarter and also each quarter there are new record of ATH .
i think that if we may pass this December , the following years again will make a  great increase .

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December 20, 2021, 12:26:08 PM
 #189

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

At least it will make me happy and smile big if the bitcoin price reaches a new ATH at $70k because it can add value to my portfolio, but for this year which only has 11 days left I'm not sure that the bitcoin price can touch that level because usually at the end years investors will save their assets into USD Stablecoins rather than investing in bitcoin.


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December 20, 2021, 12:33:21 PM
 #190

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

In my opinion, we can say with certainty that 2021 was very successful for Bitcoin and the entire cryptocurrency market. It's a pity that BTC didn't reach our dream $100k, but I'm sure it will happen sooner or later. Of course, everyone would like to earn as much as possible, but I am happy with how Bitcoin and the entire cryptocurrency market are developing.
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December 20, 2021, 03:01:14 PM
 #191

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

At least it will make me happy and smile big if the bitcoin price reaches a new ATH at $70k because it can add value to my portfolio, but for this year which only has 11 days left I'm not sure that the bitcoin price can touch that level because usually at the end years investors will save their assets into USD Stablecoins rather than investing in bitcoin.
because towards the end of the year the price of bitcoin tends to fall? I think only a small percentage of investors do that.
Not all investors think that way because price declines do not always occur towards the end of the year because in 2017 the price increases occurred towards the end of the year.

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December 20, 2021, 06:14:42 PM
 #192

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

At least it will make me happy and smile big if the bitcoin price reaches a new ATH at $70k because it can add value to my portfolio, but for this year which only has 11 days left I'm not sure that the bitcoin price can touch that level because usually at the end years investors will save their assets into USD Stablecoins rather than investing in bitcoin.
because towards the end of the year the price of bitcoin tends to fall? I think only a small percentage of investors do that.
Not all investors think that way because price declines do not always occur towards the end of the year because in 2017 the price increases occurred towards the end of the year.

Everyone here will be much happier when they see BTC hits its next ATH in the same year. As other altcoins follow Bitcoin's growth, those who invested in altcoins will be yes the happiest ones to see their funds growiing with profits. But the current sitation is vice versa. The correction is going on and yes it would take a bit more time to recover and I am sure by next Feb 2022, the growth will be back again and might reach the ATH $70K. Lets see

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December 20, 2021, 07:00:27 PM
 #193

The correction is going on and yes it would take a bit more time to recover and I am sure by next Feb 2022, the growth will be back again and might reach the ATH $70K. Lets see
If previously people predicted the end of 2021 was the peak of bitcoin (ATH) rise, then today it seems they are starting to realize that they are in a bearish phase (correction).

It takes optimism when it comes to investing, but I just emphasize that never ignore the risk of volatility. Institutional investors can do anything with their funds because they put bitcoin as a hedge and they have a large reserve of money in the company. So whatever makes us influenced by them then we must not ignore the risk. The correction is still ongoing, now $46K. Next year can still be expected for ATH, of course.

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December 20, 2021, 10:16:44 PM
 #194

My immediate thoughts on the new ATH and then it trading underneath that would be that market disappointment would lead to selling.   To break upwards but not hold it did seem bearish to me, of course we never know if the falter is just temporary or more of a regular pattern unfolding.  Now its had the trend down we have to conclude further revision of prices since July low must occur before proper upper BTC development can occur.    Stability in pricing is a positive in the end, its best not to rise uncontrollably as it will only collapse and do far more damage.  
   Right now the price action is steady even while negative its better this way then rapid changes that cause long term uncertainty and fear of holding, you can exit here any time or not fear too much to just buy and wait.

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December 21, 2021, 12:12:31 PM
 #195

My immediate thoughts on the new ATH and then it trading underneath that would be that market disappointment would lead to selling.   To break upwards but not hold it did seem bearish to me, of course we never know if the falter is just temporary or more of a regular pattern unfolding.  Now its had the trend down we have to conclude further revision of prices since July low must occur before proper upper BTC development can occur.    Stability in pricing is a positive in the end, its best not to rise uncontrollably as it will only collapse and do far more damage.  
   Right now the price action is steady even while negative its better this way then rapid changes that cause long term uncertainty and fear of holding, you can exit here any time or not fear too much to just buy and wait.
A lot of uncertainty right now, I'm sure there are some investors thinking of selling and probably buy when the price goes down. On the other hand, there could be investors just wanting to hold and not do anything stupid. Yes, it's stable and any break out run could occur, but it's really base on the sentiments on the market and currently it looks bearish to me.

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December 21, 2021, 03:30:48 PM
 #196

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.

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December 23, 2021, 08:20:46 AM
 #197

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.
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January 19, 2022, 07:27:42 AM
 #198

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.

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January 19, 2022, 10:59:30 PM
 #199

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.
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January 20, 2022, 05:00:46 AM
 #200

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.

But if we went full year of bearish trend, then there will be no growth at all, on the contrary the price will continue to down. You can't compare the beginning of last year because it is obvious that we are still just in the beginning of a bullish market that reaches new all time high at $69,000.

Things are different now, and it seems that the bear market has taken over.

So I don't expect big things to happen right now so that I won't get disappointed at the end.

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