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Author Topic: Bitcoin at its ATH of 2023 so far  (Read 715 times)
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December 02, 2023, 08:14:39 PM
Last edit: December 02, 2023, 08:58:46 PM by sokani
 #41

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 ?

The last time I checked Bitcoin price about 2 weeks ago, it was $37k. When I came across the news about the price surge on a crypto aggregator website, l had to go check out the price and behold I'm happy with what I'm seeing, I mean green candlesticks. November was a good month and December could even be better. It's currently at $39.3k and we may be in for a beautiful surprise as Bitcoin could break through the $40k price mark before the new year kicks in.

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December 02, 2023, 08:16:52 PM
 #42

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 are getting out of the dip gradually, this may not be the bullrun awaited for yet not until after next year halving, we may also not have a new all time high sooner than after the halving as well when the market is very volatile and also rising fast, what we may have as target for the end of the year may actually be around $40,000 to $45,000 because of the way we are seing the market moving being unpredictably faster, this year end is more likely to remain bullish.



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December 02, 2023, 08:37:59 PM
 #43

it's very possible for btc to reach 40k by the next following weeks this is an extremely exciting event especially with the upcoming halving which for sure will lead to a new ATH

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December 02, 2023, 08:40:13 PM
 #44

Well, it has undoubtedly set a ceiling for 2023, +39k and in the short term, if not minutes, we could be reaching +$40k, a barrier that undoubtedly few had expectations of appearing at this time.

A total referential blow to the year 2022 for these same days for which we had (+-) $18,283 for the maximum value of the entire month of December that occurred on the 14th, with a decrease to its lowest point that month of $16,398 (day 22).


Source data: CMC


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December 02, 2023, 09:58:20 PM
 #45

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 ?
Based on the price statistics of the Bitcoin market in a few months before the halving month, there are always a lot of market surprises with the up and down trends of the market before the total rally market.
There's a lot of prediction that the next year's rally market will be in the form of something we have never experienced in the crypto market.
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December 02, 2023, 10:01:10 PM
 #46

39.8k is pretty good for the time being

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December 02, 2023, 10:17:49 PM
 #47

Not this year we wouldn’t. Unless some angel sent from heaven up high grants our wish and immediately invests billions upon billions of dollars in bitcoin, which certainly wouldn’t happen now despite the desirable crypto climate.

There’s a good chance that the next bull run to be brought about by the upcoming halving could help us reach newer heights and endeavours, but you can’t expect bitcoin to just shoot up in value 3000% in the blink of an eye. There’s a lot of things at play here and the people’s opinions about bitcoin is just one of them.

Perhaps hold your excitements first, and be prepared for greater things to come by making sure you have a stake at bitcoin this early.

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December 02, 2023, 10:20:58 PM
 #48

Well, it has undoubtedly set a ceiling for 2023, +39k and in the short term, if not minutes, we could be reaching +$40k, a barrier that undoubtedly few had expectations of appearing at this time.

A total referential blow to the year 2022 for these same days for which we had (+-) $18,283 for the maximum value of the entire month of December that occurred on the 14th, with a decrease to its lowest point that month of $16,398 (day 22).


Source data: CMC


this is the highest so far for this year. and that is true, reaching the 40k mark is easy. and more then likely, some smaller exchanges are already selling btc at 40k as of this moment. this is a good day for most btc holders who bought it below 20k.
they are already getting the 2x profit out of their stash. if there will be good news before the end of this year, we can easily achieve the 45k range.

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December 02, 2023, 10:21:44 PM
 #49

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 ?

I just received notification today that bitcoin exceeded $29K and this will not come as a too much surprise because of what is ahead of us, the halving event and the bitcoin bull run that comes after it. Many have speculated in the past that bitcoin will reach its previous all-time high before or after halving and then we are going to experience another bull run that will make the price of bitcoin exceed $100K. With the way the market is on uptrend, if it continues in this manner till the end of the year, this speculation could turn out to be true.

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December 02, 2023, 11:49:24 PM
 #50

I just received notification today that bitcoin exceeded $29K
/.../

Are you a time traveler from the past? Or your notifications are a bit late...  Wink

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December 02, 2023, 11:57:23 PM
 #51

I just received notification today that bitcoin exceeded $29K
/.../

Are you a time traveler from the past? Or your notifications are a bit late...  Wink


he fat fingered 2 vs 3

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December 02, 2023, 11:58:31 PM
 #52

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 ?
Yep, that's right, BTC has exceeded $39k, and it's possible that the next retest will be at $40k or more, before finally experiencing a market correction first. The market may be a little sideways in the future, so we have to be ready for various strategies. What's more, it looks like this is already starting to head towards the bullish era in 2024 or 2025, so we have to be ready for everything.

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December 02, 2023, 11:59:00 PM
 #53

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 ?

The last time I checked Bitcoin price about 2 weeks ago, it was $37k. When I came across the news about the price surge on a crypto aggregator website, l had to go check out the price and behold I'm happy with what I'm seeing, I mean green candlesticks. November was a good month and December could even be better. It's currently at $39.3k and we may be in for a beautiful surprise as Bitcoin could break through the $40k price mark before the new year kicks in.
If you check the historical price data of the market you will see that November and December are always good months for the crypto market but when the halving date is getting closer November and December are good for a surprising surge in price.

I just received notification today that bitcoin exceeded $29K
/.../

Are you a time traveler from the past? Or your notifications are a bit late...  Wink

This must be a typo and I believe she was talking about the $39K price that the Bitcoin market achieves today.

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December 03, 2023, 01:28:25 AM
 #54

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 ?
Yep, that's right, BTC has exceeded $39k, and it's possible that the next retest will be at $40k or more, before finally experiencing a market correction first. The market may be a little sideways in the future, so we have to be ready for various strategies. What's more, it looks like this is already starting to head towards the bullish era in 2024 or 2025, so we have to be ready for everything.

retest does not occur until Jan ⅔

we should get to 48k by dec 31

I have picked 42k for dec 1

and 48 k for dec 31

did it at least 30 days or more in the past.

I was close with dec 1.  38.8k not quite 42k


see thread link


https://bitcointalk.org/index.php?topic=5472517.0


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December 03, 2023, 02:30:24 AM
 #55

Bitcoin has surged for 2.87% today and reached the highest level in 2023.

2.8% is just a percentage increase in 24h or 1d. If you look again at the Bitcoin price graph on several sites, it has changed again - it has increased by 3% and will still be able to increase and decrease according to my analysis when monitoring the Bitcoin graph rate on tradingview.

Does this year has more surprises for us and we can break all time high of bitcoin ?

I don't know how it will go at the end of this year. I think this year there will not be a high price because in the cycle it still takes many days to reach a new historical high price level.
I referred to several sources regarding the Bitcoin halving time which said it was around 130 days away plus the number of days after the halving. Here I said the highest record still won't happen this year but based on current calculations it will happen in 2024 and I still don't dare say it will definitely happen.

indeed the price of btc lately always gives good surprises and is very difficult to go down, indeed 2% as op said in just 24 hours and I also remember when the market was bearish and the price of bitcoin was below $19$ so now it can be said to be increasing btc price will be close to 60% since the bear market. And of course, people who buy BTC at a cheap price at that time, like $17k, will potentially get a 60% profit if they still hold it, but if they hold it for longer, they will potentially get an even bigger profit.

yes, I agree with your opinion and indeed we will not know the fate of BTC whether it will create ATH new one this year or not and I also think that BTC certainly needs a process and time to reach its highest level and usually mentally, time will also influence its path . price increases. The current BTC price of $39480 is certainly an achievement and positive response given by Bitcoin.

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December 03, 2023, 06:46:40 AM
 #56

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 ?
There's still more time to envisage such speculations but the for the year 2023 Bitcoin has broken it's ATH attained this year and still looking promising to further exceed it's current price.

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December 03, 2023, 09:54:17 AM
 #57

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 ?

I think bitcoin price will continue to rise and conquer $40k or even $42k before the end of 2023. But bitcoin breaking its ATH is not going to happen this year, we are only 1 month away from the end of the year and I don't think there will be big enough news to make it happen. Surely many people will think of ETFs being approved but I don't think it will be strong enough to take bitcoin to break bitcoin's $69k level. To do that, we still need to wait for the halving to take place.

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December 03, 2023, 08:12:31 PM
 #58

Does this year has more surprises for us and we can break all time high of bitcoin ?
We have less than a month left before the year ends, so I'm not sure about surprises because the price might go higher than where it went today, but I'm pretty positive that we are not going to see it break above the all-time high just within this year because for that to happen, the price of Bitcoin will have to gain about $32k more and that doesn't sound like a realistic milestone to complete within 25 to 27 days considering the price can't just keep going up all the time. There can be days when it goes down or stays stable.

Imagine the all-time high Bitcoin can set during the bull run if the price manages to cross the previous all-time high within this year while we will still have about 4 months left for the halving event and the bull run generally starts after some time of the halving event as per the history of Bitcoin. So, it doesn't sound realistic at all even to think about.

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December 03, 2023, 08:42:07 PM
 #59

Does this year has more surprises for us and we can break all time high of bitcoin ?
We have less than a month left before the year ends, so I'm not sure about surprises because the price might go higher than where it went today, but I'm pretty positive that we are not going to see it break above the all-time high just within this year because for that to happen, the price of Bitcoin will have to gain about $32k more and that doesn't sound like a realistic milestone to complete within 25 to 27 days considering the price can't just keep going up all the time. There can be days when it goes down or stays stable.

Imagine the all-time high Bitcoin can set during the bull run if the price manages to cross the previous all-time high within this year while we will still have about 4 months left for the halving event and the bull run generally starts after some time of the halving event as per the history of Bitcoin. So, it doesn't sound realistic at all even to think about.

For me, it's enough to see the price of bitcoin hitting $40k at least, and so far we are very close on doing that. Just last year alone, we are into $15,500 and again, there's a massive FUD that bitcoin is done.

But look at how resilient Bitcoin is, now it has build so much momentum again, giving it's investors who bought at that price range a good profits already. But as far as ATH for 2023, we are still very far. But as I have said, from $15k to $40k? that's already a big jump.
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December 03, 2023, 09:36:51 PM
 #60

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 ?
Pumps are really the thing we gonna expect during December just like it happened before but we couldn't be confident enough that we're going straight to bullish or ATH as we are still too far from that. As halving gets closer, demand rises together with the price. The price of Bitcoin is currently $39,600 and probably it surpass $40k any of these days. With the current situation of the market, we are being too positive that this year the price of Bitcoin will stay above $40k.



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