Bitcoin All-Time High almost reached yesterday

[Rustam Meraj]

I guess these sites pulled data from different exchange, it's not a rare sight to see some exchange vary in term of peak price from one to another. even more apparent in futures market where there'll always be some sudden price jumping.

site like coinmarketcap on the other hand combined the price from multiple sources so it got an average price I guess. which in my opinion is more reliable compared to other, after all, these small price difference honestly means nothing.

you can actually just observe the candle in exchange's market directly since that's more likely the most legitimate information since real trade takes place there and mark the candle.

Yes you are right it is normal to see different prices for cryptocurrencies on different websites. This happens because websites get data from various exchanges and prices can change suddenly. Sites like CoinMarketCap combine prices from many sources to give average. Small price differences do not really matter. For most accurate information we should look directly at exchange markets where trades happen. This gives best view of cryptocurrency prices. Using average prices and looking at market data helps understand cryptocurrency market better.

[MarjorieZimmermanGinger]

So my question would be, which one is correct?
On the forum we all go by a certain exchange price so what was the highest price BTC rose too yesterday for the true near ATH?

Some analysis says ATH will occur early next year because with many assumptions that have been considered with some events that are quite supportive, but regarding certainty, no one can guarantee. Like some exchanges that display the difference in ATH prices and maybe more accurate ones like coinmarketcap.com and the differences shown may be influenced by several things.

But what is certain is that we can check the ATH price using the available data. This is not the last wave because there will be the next wave that may be able to provide a more positive trend than the previous price.

[Sexylizzy2813]

Bitcoin movement movement have been busy of late and from how busy it has been we would have seen the ATH and probably a new ATH about 1 day or 2 days back. The market movement has been promising and we should definitely appreciate it because this very moment of November can be the month it could get to $80k and it could surpass that if October, I'm not really sure but base on how drastic it has been. Few hours back Bitcoin price was $70k when I checked but as of now is $69k and I'll say is making progress because I know before we get to a new week it will get back to $70-73k hopefully.

[Ricardo11]

Bitcoin movement movement have been busy of late and from how busy it has been we would have seen the ATH and probably a new ATH about 1 day or 2 days back. The market movement has been promising and we should definitely appreciate it because this very moment of November can be the month it could get to $80k and it could surpass that if October, I'm not really sure but base on how drastic it has been. Few hours back Bitcoin price was $70k when I checked but as of now is $69k and I'll say is making progress because I know before we get to a new week it will get back to $70-73k hopefully.

The recent movement of Bitcoin is really promising and indicates to cross its ATH. Today is November 1st, and November started at $70K, although the price is below $70K right now. But we can expect something better very soon. If the market bounces back to 70K-73K this week, we could see new highs within this month It is expected that. Moreover, if Trump wins the US presidential election on the 5th, the next movement of Bitcoin is likely to be positive. If the Bitcoin market can maintain this trend and movement, we could see something bigger before December. However, we are going to see bigger things in the coming year.

[franky1]

Re: Bitcoin All-Time High almost reached yesterday

I woke up in the morning yesterday and I saw Bitcoin's price reaching the $73,000 price range. I really thought at that time that we will see a new ATH at the end of the month, turns out, it's just a PRANK and instead of we see a new ATH, we are seeing the price of Bitcoin going downwards yet again.

i think the whales want to test 'bottom' one last time before 2025(play within the $50k-$75k window), before they release the upper resistance wall

so maybe last chances to get coins in on the dips,
even if you only want to get a few % profit in months and beat the national bank average interest rate, opportunities exist to play all/any of the dips before 2025's bull

[fikrett]

Re: Bitcoin All-Time High almost reached yesterday

I woke up in the morning yesterday and I saw Bitcoin's price reaching the $73,000 price range. I really thought at that time that we will see a new ATH at the end of the month, turns out, it's just a PRANK and instead of we see a new ATH, we are seeing the price of Bitcoin going downwards yet again.

i think the whales want to test 'bottom' one last time before 2025(play within the $50k-$75k window), before they release the upper resistance wall

so maybe last chances to get coins in on the dips,
even if you only want to get a few % profit in months and beat the national bank average interest rate, opportunities exist to play all/any of the dips before 2025's bull

I woke up to BTC being $69k-ish, thus, I dig your thoughts about it - I do think that these corrections will continue, and afterward, it's gonna break, eventually.

[Outhue]

CMC and Coingecko gives different price there are lots of exchanges affects the average price.
According to TradingView and my setup, the price has not yet touched the previous ATH however, if it rises another $100, it may reach the ATH. 

I believe this is not the last wave we can maybe see soon the new ATH unless if there's a heavy selling pressure at that area.

Surely it will break previous ATH today or tomorrow. The difference was not so big as it was climbing yesterday. As expected we have got the strong uptrend and keep continuing towards up. I said many times that it will break previous ATH soon and its on the way of it. I am waiting for to break it and hope it will break it very soon.The price is around 72,100$ are and i think its making correction right now if we get a good rally then we will break previous ATH soon. He who were patience btc paid off to them and also shown its volatility and giving profit. I am closely eying to the market lets see how it behave in next.

This doesn't age well, Bitcoin dumped while many were bullish, what do you guys have to say now? We can still go even lower after Nov 5 too, I am not saying Bitcoin won't reach a new all time high but things don't always work out the way we want.

[betswift]

CMC and Coingecko gives different price there are lots of exchanges affects the average price.
According to TradingView and my setup, the price has not yet touched the previous ATH however, if it rises another $100, it may reach the ATH. 

I believe this is not the last wave we can maybe see soon the new ATH unless if there's a heavy selling pressure at that area.

Surely it will break previous ATH today or tomorrow. The difference was not so big as it was climbing yesterday. As expected we have got the strong uptrend and keep continuing towards up. I said many times that it will break previous ATH soon and its on the way of it. I am waiting for to break it and hope it will break it very soon.The price is around 72,100$ are and i think its making correction right now if we get a good rally then we will break previous ATH soon. He who were patience btc paid off to them and also shown its volatility and giving profit. I am closely eying to the market lets see how it behave in next.

This doesn't age well, Bitcoin dumped while many were bullish, what do you guys have to say now? We can still go even lower after Nov 5 too, I am not saying Bitcoin won't reach a new all time high but things don't always work out the way we want.

The big hands take it all 
2025 is to be awaited, in my opinion.

[michellee]

This doesn't age well, Bitcoin dumped while many were bullish, what do you guys have to say now? We can still go even lower after Nov 5 too, I am not saying Bitcoin won't reach a new all time high but things don't always work out the way we want.

Yes, right now the price having a correction and make the price down deep to $68k. We don't know when the price will be back to increase and break the next high price but that will happen soon.

We will not know what will happen in the next five days. But we must still optimistic to Bitcoin that the price will have more chance to increase. Bitcoin price will reach a new all time high soon no matter in the next five days or still takes more time. The important here is we can still accumulate more Bitcoin while the price is not jump yet to the highest price.

Although the last high price was not reached yesterday, we should keep patience. The price will start rise and maybe the next increases will be the time for Bitcoin to reach a new all time high. So be patient.

[fuguebtc]

This doesn't age well, Bitcoin dumped while many were bullish, what do you guys have to say now? We can still go even lower after Nov 5 too, I am not saying Bitcoin won't reach a new all time high but things don't always work out the way we want.

As I see it, a lot of people are optimistic as the election is approaching and people are trying to connect the recent rise in bitcoin price to the election, they think it's a positive thing. But on the contrary, why do you think bitcoin price will be lower after November 5? That surprises me.

People seem to be so focused on the election that they are overlooking another factor that is also affecting the markets, which is inflation news .  Bitcoin's sudden drop on the first day of November was due to market concerns that there would be only one rate cut after core PCE failed to decline as expected and jobless claims were lower than expected. It seems like no one is paying attention to this but I find it important,  even if Trump is elected but if inflation rises and interest rates don't fall ,  we won't have the bull market we expect .

[Reatim]

I guess these sites pulled data from different exchange, it's not a rare sight to see some exchange vary in term of peak price from one to another. even more apparent in futures market where there'll always be some sudden price jumping.

site like coinmarketcap on the other hand combined the price from multiple sources so it got an average price I guess. which in my opinion is more reliable compared to other, after all, these small price difference honestly means nothing.

you can actually just observe the candle in exchange's market directly since that's more likely the most legitimate information since real trade takes place there and mark the candle.

Yes you are right it is normal to see different prices for cryptocurrencies on different websites. This happens because websites get data from various exchanges and prices can change suddenly.

It is not uncommon for platforms to reflect slightly different prices of bitcoin especially during extreme volatility periods. Some order transactions may reflect faster in another platform than in another. Some exchanges may also react a little slower compared to another platform.

The best way to ensure that you will be looking at the most accurate price possible is to look at multiple exchanges. With that you can get a pretty good idea of the real price and see the variances of the price.

[Hamza2424]

Bitcoin movement movement have been busy of late and from how busy it has been we would have seen the ATH and probably a new ATH about 1 day or 2 days back. The market movement has been promising and we should definitely appreciate it because this very moment of November can be the month it could get to $80k and it could surpass that if October, I'm not really sure but base on how drastic it has been. Few hours back Bitcoin price was $70k when I checked but as of now is $69k and I'll say is making progress because I know before we get to a new week it will get back to $70-73k hopefully.

Hmm, that's for sure and I was expecting a good end of October and Bitcoin did it I'm still hopeful for the $80k as I'm enforcing this through this entire year that we can for sure hit an ATH of 80k before the end of the year 2024 but seems like it is gonna be the limit for this year as well, 80k till the mid of November and for the rest a full-time cyclic peak can be expected in Q2 of the year 2025.

[Sexylizzy2813]

Bitcoin movement movement have been busy of late and from how busy it has been we would have seen the ATH and probably a new ATH about 1 day or 2 days back. The market movement has been promising and we should definitely appreciate it because this very moment of November can be the month it could get to $80k and it could surpass that if October, I'm not really sure but base on how drastic it has been. Few hours back Bitcoin price was $70k when I checked but as of now is $69k and I'll say is making progress because I know before we get to a new week it will get back to $70-73k hopefully.

Hmm, that's for sure and I was expecting a good end of October and Bitcoin did it I'm still hopeful for the $80k as I'm enforcing this through this entire year that we can for sure hit an ATH of 80k before the end of the year 2024 but seems like it is gonna be the limit for this year as well, 80k till the mid of November and for the rest a full-time cyclic peak can be expected in Q2 of the year 2025.

We're almost there I mean at $80k this month and if it continues like this before middle of this month we might be having Bitcoin price at $80k if not more than. Talking about that amount to be the limit for this year I don't think so, it might get past the suppose $80k. For sometime now BTC has been around $69k without changing to either $70k or going down to $68-67k but is still on the positive side and i believe this month we're going to be having more of green than red.

[nelson4lov]

We didn't break all time high on that move but I believe it's far from over. It's only a matter of time and it won't be long now before we break the milestone price of $100K. This is why I'm not even excited (yet) about the recent move. Imo, we should be a lot higher than we are now. One key point I'd like to note is how Bitcoin dominance has been steadily holding strong against the numerous altcoins available on the market and peaked above 60+.

[el kaka22]

This is why we keep saying that the bull run is upcoming and four year cycle will happen again and yet some people didn't believe that for some reason. I understand normally during 4 year cycles we would see situations where it wouldn't be the same and because of this people are doubtful about them. But at the same time we are going to see how things could change as well so people were worried.

Normally in previous bull runs, we had halving first, and a year later we had the peak, but this time we had all time high broken before the halving, because of ETF, and this worried some people. Seeing now how the bull run is starting again, we can say that it is not going to be similar and we are going to have some differences without a doubt but also have the increase yet again. Do not be worried about it, and keep trying your best and accumulate as much bitcoin as you can, and you should be doing fine without much trouble, I believe we are going to do very well and not really have issues.

[passwordnow]

I woke up to BTC being $69k-ish, thus, I dig your thoughts about it - I do think that these corrections will continue, and afterward, it's gonna break, eventually.

It's possible that the corrections are going to come more in the next days to come. We're in November and the Uptober thing did sort of good but then if that's not much to see for that month, November is typically following whatever happened in the past month. Welp, we've been so close to the ATH and that didn't break the barrier and when it didn't get through, we went to a correction. But is this really a correction that we're sitting around $69kish? I'm not even convinced that this is something to be disappointed with because it's actually good to look at.

The support ranges from $65k-$69k. People still got plenty of time to see the new ATH before it arrives anytime soon. With that, it's best to just get into the position or if you don't know how to. It's best to do the effortless but one of the most effective strategies that has ever been known to this community, the DCA. And regardless of which info is right pertaining to the topic, the discussion goes on about the price itself.

[rdbase]

I woke up to BTC being $69k-ish, thus, I dig your thoughts about it - I do think that these corrections will continue, and afterward, it's gonna break, eventually.

It's possible that the corrections are going to come more in the next days to come. We're in November and the Uptober thing did sort of good but then if that's not much to see for that month, November is typically following whatever happened in the past month. Welp, we've been so close to the ATH and that didn't break the barrier and when it didn't get through, we went to a correction. But is this really a correction that we're sitting around $69kish? I'm not even convinced that this is something to be disappointed with because it's actually good to look at.

The support ranges from $65k-$69k. People still got plenty of time to see the new ATH before it arrives anytime soon. With that, it's best to just get into the position or if you don't know how to. It's best to do the effortless but one of the most effective strategies that has ever been known to this community, the DCA. And regardless of which info is right pertaining to the topic, the discussion goes on about the price itself.

It is hard to deny with whomever gets elected won't either pump or dump the price of bitcoin.
The democrats have proposed a tax on all crypto assets held while the Republicans have said they will not.
We will just have to wait and see what is to come in 3 days from now when the election has been settled.

Here is the latest on how this election will influence bitcoin:

[passwordnow]

I woke up to BTC being $69k-ish, thus, I dig your thoughts about it - I do think that these corrections will continue, and afterward, it's gonna break, eventually.

It's possible that the corrections are going to come more in the next days to come. We're in November and the Uptober thing did sort of good but then if that's not much to see for that month, November is typically following whatever happened in the past month. Welp, we've been so close to the ATH and that didn't break the barrier and when it didn't get through, we went to a correction. But is this really a correction that we're sitting around $69kish? I'm not even convinced that this is something to be disappointed with because it's actually good to look at.

The support ranges from $65k-$69k. People still got plenty of time to see the new ATH before it arrives anytime soon. With that, it's best to just get into the position or if you don't know how to. It's best to do the effortless but one of the most effective strategies that has ever been known to this community, the DCA. And regardless of which info is right pertaining to the topic, the discussion goes on about the price itself.

It is hard to deny with whomever gets elected won't either pump or dump the price of bitcoin.
The democrats have proposed a tax on all crypto assets held while the Republicans have said they will not.
We will just have to wait and see what is to come in 3 days from now when the election has been settled.

Yeah, that's how it will be as we wait for the next few days until the election is done. I can't wait to see how the market will react once the winner and the POTUS has been announced.

Here is the latest on how this election will influence bitcoin:

I guess that I am leaning to that opinion that everyone is betting on to see $80k soon enough.

[Swordsoffreedom]

This is why we keep saying that the bull run is upcoming and four year cycle will happen again and yet some people didn't believe that for some reason. I understand normally during 4 year cycles we would see situations where it wouldn't be the same and because of this people are doubtful about them. But at the same time we are going to see how things could change as well so people were worried.

Normally in previous bull runs, we had halving first, and a year later we had the peak, but this time we had all time high broken before the halving, because of ETF, and this worried some people. Seeing now how the bull run is starting again, we can say that it is not going to be similar and we are going to have some differences without a doubt but also have the increase yet again. Do not be worried about it, and keep trying your best and accumulate as much bitcoin as you can, and you should be doing fine without much trouble, I believe we are going to do very well and not really have issues.

Human nature is suspicious and when things don't go as expected, suspicions increase, so you shouldn't blame people when they doubt the 4 year cycle. Also isn't that a good sign? I mean bitcoin price always goes up in everyone's doubt and always surprises everyone. The growing number of skeptics and doubters about the bull market is a sign that nothing has changed, only human psychology has. Because if I'm not mistaken, in previous bull seasons, bulls often appeared unexpectedly, surprising everyone and many people missed the opportunity.

Furthermore, that's how financial markets work, what if everyone believed in bitcoin and held it regardless? I think the market cannot survive that way, it will collapse. Even though during the bull season we can easily make profits but in the end, not too many people will make profits and that is how the market works.

[Orpichukwu]

This doesn't age well, Bitcoin dumped while many were bullish, what do you guys have to say now? We can still go even lower after Nov 5 too, I am not saying Bitcoin won't reach a new all time high but things don't always work out the way we want.

The big hands take it all  
2025 is to be awaited, in my opinion.

The US headline news, it's among the factors that I have seen have so much impact on the price of bitcoin, and with the upcoming election around the corner, I also appear to agree with the fact that we might likely not see Bitcoin cross over to the new ATH this year again. All bullish trends and expectations now all point at 2025.