JiiBs (OP)
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April 18, 2024, 10:52:18 AM |
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So I want to keep this really Brief but,
I was just reading some threads as I do often on the forum and I noticed a thread that talks about Bitcoin ATH and even so, recognizes that Bitcoin is still climbing. Of course it might be an ATH given that, it already broke the existing at the time. Even so, we know that it’s not going to be hooked there and price appreciation is still going to continue pushing for more.
So, exactly when can we have declare an ATH to be? Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!
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Dunamisx
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April 18, 2024, 11:32:37 AM |
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So, exactly when can we have declare an ATH to be? Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!
There are many ways or channels in which we can know the all time high market of bitcoin, this can be done on exchanges, wallets or some other news related apps concerning bitcoin or crypto, like from the previous we had last month, bitcoin all time high is $73,800 and whenever we arrived at anything above this said range is another all time high, same applies as it continue to rise in same pattern for among the new ones until the market dumps.
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JiiBs (OP)
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April 18, 2024, 11:54:50 AM |
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There are many ways or channels in which we can know the all time high market of bitcoin, this can be done on exchanges, wallets or some other news related apps concerning bitcoin or crypto, like from the previous we had last month, bitcoin all time high is $73,800 and whenever we arrived at anything above this said range is another all time high, same applies as it continue to rise in same pattern for among the new ones until the market dumps.
That’s to say, it doesn’t matter if it stands or not, Like every price that went up after the previous long lasting $69k price mark is an ATH in themselves as, that’s the idea am getting and it just doesn’t seem like what should be to me.
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Nrcewker
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April 18, 2024, 01:38:18 PM |
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Each time the price record breaks and Bitcoins goes up, we mark that exact moment as ATH price. Yes it might break multiple times and we might see ATH price more often, but that is not the issue. If you meant the actual figure, then that will only be seen only during the bull run. The price will just go down and down, and at that moment we can note how high Bitcoins were during the rise. In this manner the final ATH price can be noted.
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Republikcoin.com
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April 18, 2024, 02:33:41 PM |
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There are many ways or channels in which we can know the all time high market of bitcoin, this can be done on exchanges, wallets or some other news related apps concerning bitcoin or crypto, like from the previous we had last month, bitcoin all time high is $73,800 and whenever we arrived at anything above this said range is another all time high, same applies as it continue to rise in same pattern for among the new ones until the market dumps.
That’s to say, it doesn’t matter if it stands or not, Like every price that went up after the previous long lasting $69k price mark is an ATH in themselves as, that’s the idea am getting and it just doesn’t seem like what should be to me. Now the Bitcoin price is back below the ATH again and if it is still possible for it to increase again this year or after the halving, I don't think we need to wait for next year to see a new ATH again on Bitcoin. Because even reaching $74K is already included in the new ATH of all time, especially if you can get past that range and get to $75K. Because buyers in the market can also hold influence in this case, it can cause a very small level of price correction in Bitcoin.
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STT
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April 18, 2024, 04:12:48 PM |
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No man stands in the same river twice, for it is not the same river and he is not the same man.
Thats an ancient saying quite true thousands of years, today we can apply it to the dollar FIAT value. Dollar 2021 is not the Dollar 2024, they are not the same value or interchangeable which one day that will matter everywhere but for BTC the ATH from 2021 should not be compared too closely to the ATH right now as their values only match so much.
The main thing to consider is volume, which relates to resistance. The people who traded BTC in 2021 want their dollars back, they have debt to repay and despite appearing we exceeded the old ATH price did we really do so in value terms. This could explain some of this disappointing languishing price action in BTC.
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2Pizza410000BTC
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April 18, 2024, 04:48:59 PM |
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So I want to keep this really Brief but,
I was just reading some threads as I do often on the forum and I noticed a thread that talks about Bitcoin ATH and even so, recognizes that Bitcoin is still climbing. Of course it might be an ATH given that, it already broke the existing at the time. Even so, we know that it’s not going to be hooked there and price appreciation is still going to continue pushing for more.
So, exactly when can we have declare an ATH to be? Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!
When the market enters the all-time high we consider that time as the new ATH. For example Bitcoin highest ATH in 2021 was 69 thousand dollars then from there market started dumping to 15000 dollars and then market slowly pumped and participated in 2024 peak high of $73000+ now question is if we consider $69k as new ATH. And if it reaches $73k in 2024 then we consider it to be all time high and new ATH. But the all-time high of $73k I think will break this record and set a new record in 2024.
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BABY SHOES
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April 18, 2024, 05:15:31 PM |
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So, exactly when can we have declare an ATH to be? Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!
How much do you want to declare about the new ATH, is it $100K? Wait if you want this is usually after 18 months+ halving, referring to Plan B. The past ATH is no different, the record will definitely be different because the price continues to rise if the ATH is not too long, it is normal that as long as it is in a bullish phase, the price will still be high, so I don't think there is a problem when wanting ATH too far. The fact is we only want to see $100K in the near future if this has been broken then the new target will be even higher.
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goaldigger
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April 18, 2024, 05:27:24 PM |
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So, exactly when can we have declare an ATH to be? Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!
Every time you see the price broke its previous peak, then you can consider that as the new ATH but of course it can still pump above that. We can only know the final peak once the bull trend is over, but right now there's still a big chance for another peak so it's hard to tell if we already reach the all time high because the bull trend is still here. Just try to analyze the price trend and the chart so you can know when to take profit and when to buy to avoid being trap at the peak price.
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crwth
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April 18, 2024, 05:28:23 PM |
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It's pretty easy, just get the highest one. And if it breaks, it's now the one that breaks it. There's nothing too much about it really, it's just that it reached a higher high. There's nothing else. There's only one current ATH and the previous one would be called "old ATH". It has been an ATH but not the current ATH. What's so hard to understand about that?
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serjent05
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April 18, 2024, 05:31:28 PM |
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So, exactly when can we have declare an ATH to be? Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!
From the word itself - All-Time-High - simply means the highest price of Bitcoin in the market, no matter how many times it breaks it, the highest recorded selling price will always be recorded as ATH. Does it concern you if Bitcoin has broken so many recorded ATH? It does not concern me because it is natural for a highly volatile market to record many ATH while it uptrends. Besides, Bitcoin is still in the process of adoption so it is to be observed that Bitcoin will increase its price as the number of people and institutions participating in the Bitcoin economy increase. The only scenario where the market stops breaking its ATH is when it reaches its peak and can no longer grow in price.
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hatshepsut93
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April 18, 2024, 11:33:47 PM |
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There are two terms - ATH and peak of a cycle, and most people use them interchangeably, but it's wrong, because they are not the same. ATH is just the highest price up until the current moment. And peak of a cycle is the highest price of a market cycle, after which came the crash. For some time period after the crash these two terms refer to the same price point, but eventually the price recovers as it enters a new cycle, and then it becomes wrong to refer to the past price peaks as "ATH".
So, it's confusing to say "2013 ATH", "2017 ATH", "2021 ATH". Just say "peak".
Currently 72k is the ATH, but it's most likely not a peak of the bull cycle. You can call it a peak of the local bull trend, but that is only if you are analyzing very short term trends.
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Jating
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April 19, 2024, 01:42:43 PM |
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So I want to keep this really Brief but,
I was just reading some threads as I do often on the forum and I noticed a thread that talks about Bitcoin ATH and even so, recognizes that Bitcoin is still climbing. Of course it might be an ATH given that, it already broke the existing at the time. Even so, we know that it’s not going to be hooked there and price appreciation is still going to continue pushing for more.
So, exactly when can we have declare an ATH to be? Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!
We obviously declare ATH when we no longer see the price climbing up, and this is usually on the last quarter a year after the halving. So in this case if could be in 2025, maybe November or December to reach a new ATH and the price reaches it top. in 2017, it was December close to $20k, and in 2021, it was November, $69k. So in the current bull run, it's a question what will be the ATH, conservative estimates is around $100k-$150k. But we will see, no one can see the future, what we are hearing are just pure speculation and wild educated guesses.
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EluguHcman
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April 19, 2024, 02:04:58 PM |
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Very interesting question and this is actually a common reasoning that most of us still feel confused about. OP, just as entailed, ATH means "All Time High" which is to say whatever price Bitcoin surges that has never been counted in history is simply an ATH.
The record to be an ATH can occur in any season of Bitcoin but usually, Bitcoin enthusiasts expects Bitcoin ATH during the bull runs of every 4 years circles.
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Obim34
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April 19, 2024, 03:07:59 PM |
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Meanwhile, some forum users might have done justice given their various opinions on the question you asked, All Time High (ATH) is is seen as the highest of price mark as per any asset, but now specifically on Bitcoin, ATH are bound to happen in every cycle before or after it's halving commencing, like currently we are closer to the halving and we already touched an All Time High of $73k, it isn't the climax yet, just after the halving it's definite that we must get a price mark higher than this, many already speculated a value above $100k. So, we declare an ATH as soon the price of Bitcoin at that particular spot has the highest price mark compared to the time of creation. The ATH of Bitcoin varies at every cycle, and it is bound to continue such way, we should expect another Bitcoin ATH not too long from now.
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Upgrade00
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April 19, 2024, 06:53:09 PM |
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We obviously declare ATH when we no longer see the price climbing up, and this is usually on the last quarter a year after the halving. Any price which is the all time highest price in comparison to all previous prices is an ATH at the time. You only call the prices in hindsight when we are looking at the peaks and lowest of different cycles. ATHs are called at the time they are recorded.
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salad daging
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April 19, 2024, 08:23:16 PM |
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Each time the price record breaks and Bitcoins goes up, we mark that exact moment as ATH price. Yes it might break multiple times and we might see ATH price more often, but that is not the issue. If you meant the actual figure, then that will only be seen only during the bull run. The price will just go down and down, and at that moment we can note how high Bitcoins were during the rise. In this manner the final ATH price can be noted.
In a bullish phase, the ATH record may be broken many times but often it will not last forever because a natural decline means it will signal a bearish season. We will see the real ATH later anyone can declare it but for now only $73K as the new ATH and then broken in the next few months so that's what I think. Nothing more but looking forward to what the record high will be.
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Baofeng
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April 19, 2024, 09:00:42 PM |
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Very interesting question and this is actually a common reasoning that most of us still feel confused about. OP, just as entailed, ATH means "All Time High" which is to say whatever price Bitcoin surges that has never been counted in history is simply an ATH.
The record to be an ATH can occur in any season of Bitcoin but usually, Bitcoin enthusiasts expects Bitcoin ATH during the bull runs of every 4 years circles.
It's not on every season, all time high is achieved during the bull run cycle. And so we officially enter the bull run cycle after the halving, so in 5 years, we have the halving so it will commence that countdown to a new all time high year this year and 2025. And so there are a lot of speculations as what the new all time high will be, but all agreed that at least a 6 digit price is on the horizon and this will be our top price for this bull run. It might take some time to get to that price though.
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yhiaali3
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April 20, 2024, 03:42:10 AM |
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If you mean the ATH in relation to the value of the dollar at that time, you will not get an accurate value, but you can get an approximate value. I read a topic a while ago on the forum that talks about this issue, and in this case the ATH will be different for each country compared to the inflation rate that has occurred since that time.
This means that in my country, the value of Bitcoin must be around 120-150K$ in order to obtain the previous ATH value compared to the rate of inflation that has occurred since that time, but for me it is okay. I will be happy if I sell Bitcoin at 100K$.
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JimboToronto
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April 20, 2024, 05:06:20 AM |
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There's no such thing as an "all time" high, Laura.
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