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Author Topic: Bitcoin at its ATH of 2023 so far  (Read 721 times)
Baofeng
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December 08, 2023, 11:04:59 PM
 #101

Bitcoin has surged for 2.87% today and reached the highest level in 2023. Does this year has more surprises for us and we can break all time high of bitcoin ?
The surprise that has occurred is the price increase of up to $44K and Bitcoin is able to survive with an increase of several months in 2023 in a row.
2023 to reach the highest level is still impossible. Our hope is that Bitcoin to achieve the highest lever may be achieved by the end of 2024 or early 2025.

Increasing the price of Bitcoin in the last three months if I am not wrong in remembering it is so fun because more than half half of 2023 the market struggles to be like now.

We did got a good increased at the beginning of the year, just look at this data:



https://www.coinglass.com/today

So far we have 9 months out of the 12 that we have at least in the green area. As compare to last year, more reds 8/12. So it's a complete U-turn for this year and it seems that we will end up maybe around $45k or more as what the majority have predicted.

But it doesn't mean that we are done though, 2024-2025 is expected to be one of the biggest bull run in bitcoin's young history so it's better to just buy and hold for now and not sell even if we see more than 100% gain since the lowest low of $15,500 from last year.

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December 08, 2023, 11:15:17 PM
Last edit: December 08, 2023, 11:27:28 PM by TimeTeller
 #102

Bitcoin has surged for 2.87% today and reached the highest level in 2023. Does this year has more surprises for us and we can break all time high of bitcoin ?
The surprise that has occurred is the price increase of up to $44K and Bitcoin is able to survive with an increase of several months in 2023 in a row.
2023 to reach the highest level is still impossible. Our hope is that Bitcoin to achieve the highest lever may be achieved by the end of 2024 or early 2025.

Increasing the price of Bitcoin in the last three months if I am not wrong in remembering it is so fun because more than half half of 2023 the market struggles to be like now.

Am not saying impossible here as we still have few weeks left for this year. Everything is possible in this market.
But if nothing else, whatever we have right now is creating positivity in this community.
Do remember, it has been more than a year that we have seen the $40k level, so this is already good news before this year ends.
As the halving is coming, I believe, there will be more positive news developing on its way.
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December 08, 2023, 11:56:39 PM
 #103

Bitcoin has surged for 2.87% today and reached the highest level in 2023. Does this year has more surprises for us and we can break all time high of bitcoin ?
The surprise that has occurred is the price increase of up to $44K and Bitcoin is able to survive with an increase of several months in 2023 in a row.
2023 to reach the highest level is still impossible. Our hope is that Bitcoin to achieve the highest lever may be achieved by the end of 2024 or early 2025.

Increasing the price of Bitcoin in the last three months if I am not wrong in remembering it is so fun because more than half half of 2023 the market struggles to be like now.
At least there is still hope to continue returning assets that are trapped at high prices, and of course, this shows that there is still a possibility that Bitcoin prices will rise again to very expensive prices. Bitcoin movements are difficult to predict because bitcoin price movements depend on market demand. As long as technology continues to develop with very high demand, it will be easy to increase the price of Bitcoin.

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December 09, 2023, 06:37:02 AM
 #104

https://www.livemint.com/market/cryptocurrency/bitcoin-surges-2-87-to-its-highest-level-this-year-11701429005470.html

Bitcoin has surged for 2.87% today and reached the highest level in 2023. Does this year has more surprises for us and we can break all time high of bitcoin ?
we have entered the 2nd week of December and yes the ATH of 2023 was recorded early this month but till not the price struggles to break 45k in which I believe the barricade for 50k price.
and yes once we broke that 50k then another milestone to hit 60k that I believe near to impossible to happen.
Yes we did make the ath for 2023 so far. And there is still this month now to see if we can go even higher. I would be very happy with a end of the 2023 year price for Bitcoin of 45k not want to be greedy.

That is the question we have to think about. I did read we will maybe have a big correction before the price of Bitcoin passes 45k because we have been stuck with 44k in this 'bull run'. And yes I do think that the 'bull run' is just beginning to start.
this can be called ATH of 2022-2023 because since early 2022 the price drops badly that we cannot see 40k level in the 2nd quarter of 2022.

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December 09, 2023, 12:09:07 PM
 #105

So far we have 9 months out of the 12 that we have at least in the green area. As compare to last year, more reds 8/12. So it's a complete U-turn for this year and it seems that we will end up maybe around $45k or more as what the majority have predicted.
I agree, and if we analyze the market technically just using the market structure it clearly says that trend is bullish. The EOF is creating higher high and I believe it is around $45k level which the supply in weekly timeframe.

Quote
But it doesn't mean that we are done though, 2024-2025 is expected to be one of the biggest bull run in bitcoin's young history so it's better to just buy and hold for now and not sell even if we see more than 100% gain since the lowest low of $15,500 from last year.
It's better to hold your investment in Bitcoin because of that reason but it would be better for investors who bought at less than $20k. But if you are a clever person you would sell it no matter how small is the profit because small gains is always a gain.

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December 09, 2023, 02:21:24 PM
 #106

I think 2023 will be the year of the crypto revival, because in 2023, especially at the end of the year, crypto, especially bitcoin, has moved very actively so that currently BTC can reach $43K and it is very likely that if you look at the current trend BTC can reach more than $45K.  at the end of this year,,, of course this is a very positive thing where BTC fell very deeply last year, namely approximately $20k and that was the worst bitcoin price, hopefully next year BTC and altcoins can continue to increase so that users can  feel the benefits of the investments they make,

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December 09, 2023, 06:26:36 PM
 #107



https://www.coinglass.com/today

So far we have 9 months out of the 12 that we have at least in the green area. As compare to last year, more reds 8/12. So it's a complete U-turn for this year and it seems that we will end up maybe around $45k or more as what the majority have predicted.

But it doesn't mean that we are done though, 2024-2025 is expected to be one of the biggest bull run in bitcoin's young history so it's better to just buy and hold for now and not sell even if we see more than 100% gain since the lowest low of $15,500 from last year.
From the table of monthly return percentages recorded on coinglass, I assume that the estimate for a massive increase in 2024-2025 is in agreement with historical data that has occurred in previous years.
Even though it has only passed the first week, December 2023 monthly returns are already +16.72%, while December 2023, -3.59%.

The alarm needs to be prepared by not selling everything when profits have been made at the current price.


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December 09, 2023, 06:48:55 PM
 #108

Even though Bitcoin has recently experienced a significant price increase, I am not sure if Bitcoin will reach ATH by the end of this year. Moreover, the current increase in bitcoin prices is still below 15%. Of course, to reach a new ATH level, Bitcoin needs an increase of around 30%-50%. It is very likely that Bitcoin will only reach the ATH level next year, especially since the Halving is getting closer.

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December 09, 2023, 07:13:09 PM
 #109

It’s great to see, we were at $16,000 for quite a few months if I remember correctly, only last year. Bitcoin continues to show how strong & what a great asset it is cycle after cycle. At this point I think you’re generally a moron if you don’t own any Bitcoin. Let’s see how 2024 goes, I predict it’s going to be a very bullish year.
Well if someone doesn't have a Bitcoin at this time of the market and time to come, I will still not call the the person (s) moron and probably the person was trying to get more but lack of finance might stopped him or her to acquire Bitcoin before this time because in most countries, citizens are living below a poverty line and that means they are not living with a dollar a day. So for them to buy Bitcoin when they have not eaten is very hard.

The prediction of 2024 is very high and I also predict $79k to $80k









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December 10, 2023, 10:24:54 AM
 #110

I admit that this year or the end of this year Bitcoin often provides surprises, but I am sure that in 2024 Bitcoin will provide a much bigger surprise. Even though recently the price of bitcoin has risen drastically and the current price of bitcoin may be the highest this year, don't sell the bitcoin you have. Most people believe that 2024 is a bullish year, and this could come true and Bitcoin will actually reach a new ATH which is much higher than the previous ATh.

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December 10, 2023, 02:23:54 PM
 #111

Even though Bitcoin has recently experienced a significant price increase, I am not sure if Bitcoin will reach ATH by the end of this year. Moreover, the current increase in bitcoin prices is still below 15%. Of course, to reach a new ATH level, Bitcoin needs an increase of around 30%-50%. It is very likely that Bitcoin will only reach the ATH level next year, especially since the Halving is getting closer.
The ATH target is not for this year and next year could still be difficult even though the Bitcoin halving could be the effect of an even more significant increase from this year. Because everyone can see examples at the end of this year where Bitcoin can still be corrected for a moment and return to moving in the same price range, so things like that are what give Bitcoin more time to be able to return to the next ATH next year. This means that all these increases will not happen easily without any effects or causes that can influence the price of Bitcoin in the market.

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December 10, 2023, 11:59:13 PM
 #112

I admit that this year or the end of this year Bitcoin often provides surprises, but I am sure that in 2024 Bitcoin will provide a much bigger surprise. Even though recently the price of bitcoin has risen drastically and the current price of bitcoin may be the highest this year, don't sell the bitcoin you have. Most people believe that 2024 is a bullish year, and this could come true and Bitcoin will actually reach a new ATH which is much higher than the previous ATh.
With cryptocurrency we should have expectation, but the same shouldn't be confirmed as the outcome. Most users have this positive mind and failing at the end. For this we should always have the mind to prepare for the worst. This will keep us on the safer part unlike the bullish/bearish outcome of the market.

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December 11, 2023, 10:27:15 PM
 #113

Bitcoin has surged for 2.87% today and reached the highest level in 2023. Does this year has more surprises for us and we can break all time high of bitcoin ?
I really don't think there will be any more surprises that we are to see before this year's end because bitcoin has surprised us already by giving us a high price like $44k + that we can talk about that next year will be a fantastic year of bitcoin price after halving season.
We can be hopeful for a new ATH of bitcoin by 2025. As for this season, nothing of such would ever happen

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December 11, 2023, 10:39:41 PM
 #114

-snip-
I really don't think there will be any more surprises that we are to see before this year's end because bitcoin has surprised us already by giving us a high price like $44k + that we can talk about that next year will be a fantastic year of bitcoin price after halving season.
We can be hopeful for a new ATH of bitcoin by 2025. As for this season, nothing of such would ever happen
The highest price Bitcoin has ever reached in 2023 is $44,700 - that was a few days ago. Today there was a big correction - but I don't think this will derail all hopes that there will be no price higher than $44,700 by the end of the year. There's still plenty of time to get it to get real - but the lack of support and high selling interest will probably keep bitcoin from breaking through another strong resistance at $45K.

What will happen - no one here will know, but I am confident and optimistic that some of bitcoin's strongest resistances will be tested until the end of the year. Now $44K is resistance - I look forward to it being broken again.

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December 12, 2023, 02:26:55 AM
 #115

Bitcoin has surged for 2.87% today and reached the highest level in 2023. Does this year has more surprises for us and we can break all time high of bitcoin ?
It's nice seeing the price of Bitcoin over $40k because it's been a while. Although there's a minor correction, the price is still decent for those who want to take profit and bought their Bitcoin below or above $20k.

Only 2 weeks more before this year end, I don't think the price can manage to surpass the previous ATH since the increase is not consistent. Instead, bull run might happen after halving (maybe months or a year after) just like the past history. Anyway, Bitcoin is unpredictable so let's see when will the price break its previous ATH because we're all waiting for that event especially the long term hodler.

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December 12, 2023, 04:37:18 AM
 #116

Bitcoin has surged for 2.87% today and reached the highest level in 2023. Does this year has more surprises for us and we can break all time high of bitcoin ?

BTC corrected and is now at $41,654 after rising strongly to $44,700. Yes. There are always surprises for the market and the market needs to be well measured and the recent surprise of US Senator Elizabeth Warren introduced legislation to "crack down" on Bitcoin and the crypto industry and bring it "into greater compliance. What does this mean?" Does it look like a cryptocurrency sale or purchase proposal again.

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December 12, 2023, 04:50:06 AM
 #117

BTC corrected and is now at $41,654 after rising strongly to $44,700. Yes. There are always surprises for the market and the market needs to be well measured and the recent surprise of US Senator Elizabeth Warren introduced legislation to "crack down" on Bitcoin and the crypto industry and bring it "into greater compliance. What does this mean?" Does it look like a cryptocurrency sale or purchase proposal again.

What it means is that legislations in the USA and the EU will try to control Bitcoin transactions in the same way they control banking transactions. Add to this the implementation of CBDCs and we are heading towards a world with total control and no privacy.

This makes me doubt the potential return that Bitcoin may have in the future, since the characteristics that made it attractive until now, such as the incensurability of transactions, can be lost.

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December 12, 2023, 04:50:22 AM
 #118

I admit that this year or the end of this year Bitcoin often provides surprises, but I am sure that in 2024 Bitcoin will provide a much bigger surprise. Even though recently the price of bitcoin has risen drastically and the current price of bitcoin may be the highest this year, don't sell the bitcoin you have. Most people believe that 2024 is a bullish year, and this could come true and Bitcoin will actually reach a new ATH which is much higher than the previous ATh.
The ATH that will occur will, of course, be bigger than the previous time, but the time is still quite long because the new halving era will occur in Q2 2024, and it is estimated that the ATH will probably occur in 2025.It is true that Bitcoin has now experienced quite a sharp increase if you look at it from the beginning of the year and has even almost touched $45K when we enter December 2023; unfortunately, it has fallen again quite significantly and is now at $41K+.It is possible that before the end of the year there will be an increase and reach the highest price for 2023, before there will be a correction to prepare for entering the halving era.I agree with you that it is not the time to give up your bitcoin savings now, because you just need a little patience to reach a higher price.

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December 12, 2023, 06:26:32 AM
 #119

I admit that this year or the end of this year Bitcoin often provides surprises, but I am sure that in 2024 Bitcoin will provide a much bigger surprise. Even though recently the price of bitcoin has risen drastically and the current price of bitcoin may be the highest this year, don't sell the bitcoin you have. Most people believe that 2024 is a bullish year, and this could come true and Bitcoin will actually reach a new ATH which is much higher than the previous ATh.
The ATH that will occur will, of course, be bigger than the previous time, but the time is still quite long because the new halving era will occur in Q2 2024, and it is estimated that the ATH will probably occur in 2025.It is true that Bitcoin has now experienced quite a sharp increase if you look at it from the beginning of the year and has even almost touched $45K when we enter December 2023; unfortunately, it has fallen again quite significantly and is now at $41K+.It is possible that before the end of the year there will be an increase and reach the highest price for 2023, before there will be a correction to prepare for entering the halving era.I agree with you that it is not the time to give up your bitcoin savings now, because you just need a little patience to reach a higher price.
While the cycle of bitcoin is now known by many more traders and investors, it is possible that it could change if the bitcoin ETF that people have been expecting to get approved gets in fact the green light, if this happened it would not surprise me if a new ATH was reached during the weeks after the announcement, and if this is the case then it could mean the current cycle and its arrival could be accelerated as many people decide to buy into bitcoin earlier than what we could have anticipated.
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December 12, 2023, 06:30:43 AM
 #120

Indeed many bad news in 2023 exactly SEC against many community of cryptocurrency but glad to see bitcoin success raised to most highest price this season until $44,000 depending on most lowest price $16,000. Overally Bitcoin was able to rise almost 120% in one year since the crash at the beginning of the year and the price of Bitcoin fell quite drastically to $16,000.
Have many days left before 2023 ended and we are seeing how potential of Bitcoin price will make new ATH for this year up to $50,000 or the latest highest price on $44,000.

Its good movement for bitcoin in one year have many bad news or FUD and hope upcoming next year and halving edition will make bitcoin can up more drastically like this years, wish bitcoin before or after halving can make new ATH record price history and raise to $100,000.

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