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Author Topic: When do we really note it for Bitcoin ATH  (Read 437 times)
JiiBs (OP)
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April 20, 2024, 01:44:21 PM
 #21

There's no such thing as an "all time" high, Laura.
I have been trying to make sense out of this statement since I saw it and every though I could relate with seems contradictory and doesn’t allow me to make a lot of sense out it.

Having to support that, there couldn’t be such a thing as an “All Time” High, given the fact that, there is a future term to that statement, we could also argue that, the statement can persist due to the fact that,
You really can’t assume discredit the existence of an event based on a time you don’t know to exists for sure. Perhaps we climb the next hour and the price doesn’t beat the previous, they all feature in the past and number below an existing high price.

So, an All Time High statement could go!
Sorryfor
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April 20, 2024, 04:48:51 PM
 #22

Bitcoin halving has started now its current price is 64000$. The price of Bitcoin reached the above amount at the beginning of the halving this year. Now the halving will dump the price of Bitcoin within few days and it may be between 40000 to 50000$.  That's my idea. After that the price of Bitcoin will pump again and reach its best value. Now let's see how much Bitcoin pumps up in the future.Earlier in 2021, Bitcoin ATH was $69,000. Currently, the price of Bitcoin at the start of the halving in 2024 stands at $64,000. Bitcoin may then leave its high of $100,000 within a few days

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April 20, 2024, 07:30:27 PM
 #23

Bitcoin halving has started now its current price is 64000$. The price of Bitcoin reached the above amount at the beginning of the halving this year. Now the halving will dump the price of Bitcoin within few days and it may be between 40000 to 50000$.  That's my idea. After that the price of Bitcoin will pump again and reach its best value. Now let's see how much Bitcoin pumps up in the future.Earlier in 2021, Bitcoin ATH was $69,000. Currently, the price of Bitcoin at the start of the halving in 2024 stands at $64,000. Bitcoin may then leave its high of $100,000 within a few days
Yes, the price of bitcoin has slightly exceeded the previous price, that's just your speculation, even if it's true, of course many people will be happy to see that price. Price declines are commonplace, not only during halving, there are many factors that influence the issues out there. Don't we just see bitcoin prices increasing in the future? What we need is how much have you filled your bag with bitcoin? Actually, this is the right moment to increase our assets, as much as we can. If you really believe in this asset looking at its previous track record, expand your bag right now with Bitcoin.

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April 20, 2024, 07:53:40 PM
 #24

Bitcoin halving has started now its current price is 64000$. The price of Bitcoin reached the above amount at the beginning of the halving this year. Now the halving will dump the price of Bitcoin within few days and it may be between 40000 to 50000$.  That's my idea. After that the price of Bitcoin will pump again and reach its best value. Now let's see how much Bitcoin pumps up in the future.Earlier in 2021, Bitcoin ATH was $69,000. Currently, the price of Bitcoin at the start of the halving in 2024 stands at $64,000. Bitcoin may then leave its high of $100,000 within a few days
Now it may be more different from 2021, because with the price of Bitcoin still remaining at the level of more than $64K, it may not cause Bitcoin to fall to the price level you said. Because if you look at the current condition of Bitcoin buyers, I am more confident in the next price increase than the price decrease to a lower level even though that could also be possible for Bitcoin at this time. However, with price correction conditions that are not too large like now, of course the possibility of a deeper decline will not immediately occur for Bitcoin.

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April 20, 2024, 07:59:40 PM
 #25

There's no such thing as an "all time" high, Laura.
As the man said it, it's going up forever.
All highs are just temporary.

We can't deny him thinking outside the box because since bitcoin is priced in fiat money, mainly USD, and bitcoin's inflation is lower than dollar's, there's only one outcome - bitcoin will continue to go up against the dollar for as long as they both exist. What we see as all time highs are just bumps along an infinite path and if you look at a daily charts you see them, but go to weekly, and they start to become blurry. Go to monthly and they start forming one long incline.

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April 21, 2024, 12:48:07 AM
 #26

During every halving price of Bitcoin crossed previously created ATH and now halving has been initiated so there will be no sudden effects of halving but the market will dump and after which pumping will happen so don't think that if price has not surged yet then it will not increase anymore.

The previous ATH was 69k$ and before halving Bitcoin has already touched 73k$ so it is assumed that Bitcoin will increase further and will go higher than these two values. however it is still very difficult that when we will see another ATH and also we don't know about the value of new ATH but possibly it will be 100k$ or more than this.



 

 

 

 

 

 


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April 23, 2024, 10:50:45 PM
 #27

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.
That is just the way it is, every single time bitcoin reaches a higher value it has not reached before, that is an ATH, however since there are many ATHs during a big movement, we often only give any attention the highest peak during the day those ATHs happened, and once the bull run is over the highest price that is reached becomes the benchmark to beat during the next bull market, the absolute ATH in the mind of most investors and the one that is remembered the most, while the previous ATHs that were reached get eventually forgotten.
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April 24, 2024, 04:12:01 AM
 #28

Quote from: JiiBs
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!

Whenever bullish season is appearing in the market in a particular year, there will definitely be ATH where holders will take record as the highest price they have ever experienced from the year and it will be recorded for other investors to take note of such move in the future and to have hope in their holding to experience another ATH in the next bullish season. Now that the price is reducing again from the market, for those that sold their coins to get prepare for another bearish season before they can purchase coins from the market and hold for another bullish season that will make the price to be higher than the previous ATH before they can release their coins for sale. I think, the highest price investors have experienced from this year is $73,000, which there are some signs that the price will still touch $90,000 before the end of this year to record another ATH that will make many countries to begin to adopt Bitcoin and cryptocurrency in their countries.

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April 24, 2024, 04:55:27 AM
 #29

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!

The price of Bitcoin is uncertain so it goes up and down all the time. The longer we stay in a bull market, the more bitcoin prices will continue to advance. But most bull runs only need to be recorded when bitcoin prices reach their highest levels, as the bull market season that follows each halving is when bitcoin prices hit their highest highs.

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April 24, 2024, 05:46:21 AM
 #30

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!
ATH means all time high so when the btc rise up above the past high price , we can considered it all time high we can monitor the price in so many exchange and there are also some price tracking apps, so there is no problem on tracking the current price the problem is we don't know when BTC will drop down drastically and we will end up losing if we don't have patience to hold.

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April 24, 2024, 08:32:27 AM
 #31

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 is no right answer from me to declare a new ATH other than try to get more Bitcoin and hold until the all-time high price is reached.
People speculate that ATH will occur after the halving, but before the halving, to be precise, several months ago the previous ATH was solved and gave birth to a new ATH, even if only for a moment and now the price is below the previous ATH.

Whenever it comes, it won't be a problem for me at all because I'm still very relaxed with the way things are now and would be happy if I could experience a new ATH, whether it's $100k or more. I'm just thinking about how fees can return to normal so that all business can run smoothly.
I don't think it has any influence with some of the previous ATHs that have occurred. Once things happen, nothing will be able to stop them.

R


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April 24, 2024, 01:12:22 PM
 #32

-snip-

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!

It doesn't matter even if the price only lasts 1 minute or less, if the latest price passes the previous ATH, then it can be considered a new ATH. For example, currently the price of Bitcoin is around 66k USD, and the previous ATH was 73k USD, if the price of Bitcoin tomorrow is 74k USD or more than that, then that can be considered a new ATH for Bitcoin - because what matters is not how long the price lasts , but how the latest price is more than the previous ATH.

R


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April 24, 2024, 02:03:48 PM
 #33

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!
ATH means all time high so when the btc rise up above the past high price , we can considered it all time high we can monitor the price in so many exchange and there are also some price tracking apps, so there is no problem on tracking the current price the problem is we don't know when BTC will drop down drastically and we will end up losing if we don't have patience to hold.
It is true that bitcoin investment requires patience even if the price of bitcoin goes down those who can wait patiently will reap good profits. The stupidity of selling will rise again even if the price goes down. Bitcoin is reaching its all time high and creating incredible milestones for the cryptocurrency industry with bitcoin's new ATH.
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April 24, 2024, 05:30:33 PM
 #34

ATH means all time high so when the btc rise up above the past high price , we can considered it all time high we can monitor the price in so many exchange and there are also some price tracking apps, so there is no problem on tracking the current price the problem is we don't know when BTC will drop down drastically and we will end up losing if we don't have patience to hold.
It is true that bitcoin investment requires patience even if the price of bitcoin goes down those who can wait patiently will reap good profits. The stupidity of selling will rise again even if the price goes down. Bitcoin is reaching its all time high and creating incredible milestones for the cryptocurrency industry with bitcoin's new ATH.
Yeah being patient enough must be too hard for most investors, normally if it was something that goes up small by small, like for example gold does require a lot of time to go up a lot, you will have to spend a lot of time and that has to be the most important thing, and we should definitely consider the situation changing at all times. I personally believe that the best thing to do in this case would be basically arranging bitcoin to be straight forward if it was just patience.

However, the difference is that, while bitcoin may go up more than gold, it could also have a period where it crashes in the middle, meaning while you wait, you see it crash many times, and then you get richer, so it is a lot more emotionally damaging to keep holding it, and makes people scared.

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April 24, 2024, 08:18:38 PM
 #35

-snip-

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!

ATH is not particularly about how long that the new highest price have stayed on the top for but the prove that it is actually summounted the existing or previous highest price. So if it is only for few hours so long it as been recorded that there is a new price that was just hit for the first time ever in the history and chart or graph of bitcoin price then that stands as the ATH. This is how it is known and not about the duration of time it lasted being the highest price. So you can have ATH today and tomorrow another ATH is achieved or reached.

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April 24, 2024, 08:36:31 PM
 #36

The price of Bitcoin is uncertain so it goes up and down all the time. The longer we stay in a bull market, the more bitcoin prices will continue to advance. But most bull runs only need to be recorded when bitcoin prices reach their highest levels, as the bull market season that follows each halving is when bitcoin prices hit their highest highs.
Bitcoin price volatility is a constant, with fluctuations occurring regularly. Extended periods of bullish market sentiment drive prices upwards. However, significant price surges are typically observed during peak levels, especially following halving events. These halving events, reducing miner rewards, often coincide with periods of peak market performance, leading to the highest recorded Bitcoin prices.
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April 24, 2024, 09:55:02 PM
 #37


Whenever it comes, it won't be a problem for me at all because I'm still very relaxed with the way things are now and would be happy if I could experience a new ATH, whether it's $100k or more. I'm just thinking about how fees can return to normal so that all business can run smoothly.
I don't think it has any influence with some of the previous ATHs that have occurred. Once things happen, nothing will be able to stop them.

The highest price is the ATH, so as long as bitcoin price continues to beat a new high then it is the ATH. Just like you it is better people don’t get to focus on the next all time but rather do your research to predict how high the market can go or if you can not do same research due to lack of knowledge, you might as well look at past history of the price of bitcoin and then accumulate. When it’s down to taking of profit, my advice is one should just set a price target that looks realistic for them and take profits there. Waiting for a certain high price could create a missed opportunity.

I will be confident to say most investors that took profit in the last bull run many of them didn’t take it at that $69k most would have taken their profits before then, which to me is still good rather than regretting not taking any at all due to waiting for ATH

R


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April 24, 2024, 10:41:58 PM
 #38

OP this is not rocket science and there is no need for you to try to bring in any extra meaning or anything of that sort, Bitcoin's highest ever price at a particular time is its all time high. If the price rises and breaks the previous ATH, a new one is set and so on, and we could prolly see an ATH as high as $100k this year, or even more.



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April 25, 2024, 09:58:56 PM
 #39

The highest price is the ATH, so as long as bitcoin price continues to beat a new high then it is the ATH. Just like you it is better people don’t get to focus on the next all time but rather do your research to predict how high the market can go or if you can not do same research due to lack of knowledge, you might as well look at past history of the price of bitcoin and then accumulate. When it’s down to taking of profit, my advice is one should just set a price target that looks realistic for them and take profits there. Waiting for a certain high price could create a missed opportunity.

I just woke up because I was tired of following a few lessons left behind.
Thank You. Your specluation is good, but for you to use it yourself.

I understand what ATH is. I am not trading that forced me to have to do research to predict prices. I just want to enjoy every situation and market condition casually so that for now however the situation is not a problem for me.

If my goal is to benefit Bitcoin by trading, of course I will learn how to do the best for me. But I want the bitcoin that I have in my own way and I will not trade with Bitcoin.
You are not too smart in the field of reading when the best situation to take advantage. Other traders out there are also not always profitable in trading.

So, do not call buying when the price is low and hold before selling when the price is high to show someone is great in the field because I have often found the sentence statement in many opportunities that I have read.

R


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BTC to the MOON in 2019


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April 26, 2024, 12:21:38 PM
 #40


So, exactly when can we have declare an ATH to be?
Exactly? It is not a term we use here, the market is unpredictable.
We just knew it after. So these people are talking about ATH, they do not even know when it comes but just purely speculation based on the market history and previous ATH. But most of us believe it comes a few months after halving just like it happened last 2021.
Quote
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 have already reached $71k, if there is no more pump beyond that price...that will be considered as the NEW ATH after surpassing the $69k in the last 2021. But I was not losing hope because as long as we are still the bull season, nothing is impossible knowing the fact that there are of factor that affect the price trend.

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