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Author Topic: Bitcoin All-Time High almost reached yesterday  (Read 2302 times)
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November 11, 2024, 06:41:41 AM
 #101

Bitcoin has pumped up with higher moves today, reaching $79,993.54 today, which is a very good thing. Because we also thought Bitcoin would pump $80K+ by this month, and today it was only $7 less from $80K, which we can assume to be $80K. However, this pump in the market will lead many investors to gain more faith in Bitcoin. Bitcoin's current upward momentum gives some idea that we may eventually see Bitcoin price up to $95k plus this year. However, the future of Bitcoin is going to be even brighter now, the price of Bitcoin will increase further, continue holding.

They already have this faith and skin put into it, it would jus reinforce it and get them to go further - pushing the price even more.
I do hope that all the starts will align for the corrections to be not very harsh on us  Grin

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November 11, 2024, 06:52:00 AM
 #102

So, 81.8K is the highest so far on coinmarketcap. Yesterday, when BTC reached the 80K level and quickly fell down to 79K again. I thought BTC would struggle to reach 81K because there would be some selling pressure at the 80K price range. 80K is a nice round figure to sell if someone is in profit already. So I expected a lot of sales pressure. But the Bulls decided something else and broke that range a couple of times.

The current price is 80.9K, but the market is positive and it can make another new ATH today by crossing the 82K price range. We will see the result tomorrow because today is the first day of the stock market and it affects the online market a little late. I hope ETF investors are still buying and holding.
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November 11, 2024, 07:05:09 AM
 #103

They already have this faith and skin put into it, it would jus reinforce it and get them to go further - pushing the price even more.
I do hope that all the starts will align for the corrections to be not very harsh on us  Grin
understand the fact that faith has nothing to do with it. There are other factors involved. You must understand what the pricing conditions are. So what if investors buy Bitcoin? At any moment, a serious drop can occur if one of the large holders decides to sell a large volume of coins. The picture will not be so rosy. So always keep in mind that this can happen, and it happens quite often.

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November 11, 2024, 07:19:31 AM
 #104

So, 81.8K is the highest so far on coinmarketcap. Yesterday, when BTC reached the 80K level and quickly fell down to 79K again. I thought BTC would struggle to reach 81K because there would be some selling pressure at the 80K price range. 80K is a nice round figure to sell if someone is in profit already. So I expected a lot of sales pressure. But the Bulls decided something else and broke that range a couple of times.
The current price is 80.9K, but the market is positive and it can make another new ATH today by crossing the 82K price range. We will see the result tomorrow because today is the first day of the stock market and it affects the online market a little late. I hope ETF investors are still buying and holding.
Bitcoin is pumping day by day, we are seeing a new ATH every 2 days on average for some time now which is positive for Bitcoin market. The market is not getting the sellers as expected. The market says sellers are aiming for $80k or not $85k. Most investors are expecting more than $80k and they are waiting for the expected price. During the Bitcoin hype the number of buyers in the market is increasing which is pushing the Bitcoin further bullrun. We may soon see a price higher than $81.8k which will be Bitcoin's all-time high or new ATH.











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November 11, 2024, 07:31:46 AM
 #105

Well we have certainly hit the new all time high now and I think we did here in what, the last couple hours? I just fell asleep on my couch to take a nap that I had planned on doing for maybe and house and woke up 5-6 hours later lol, so I haven't been able to keep up but last I just checked we are around 81k-ish.  Which is still just mind blowing to me and how far we've come since I started "getting in to it"  About a decade at this point.

I think it's not over yet at all - and 100k is at stake, or even more.
There may be some corrections along the way, but the fact an opportunity remains.
Ofcourse it's not yet over, $100k ATH is a certain, only we don't know how soon we'll see it, but we're almost there, what we need now is patience. Except perhaps some whales that are in need to take profits decides to offload their bags that'll result to supply being greater than demand, that is when we can see some setback. But no matter what happens price will rally and we'll see a $100k ATH and beyond before bear run kicks in. Thanks to the Trump, win that kick-started this rallying, I'm optimistic that the peak of bull run will happen between now and the beginning of second quarter of 2025.

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November 11, 2024, 08:22:27 AM
 #106

So, 81.8K is the highest so far on coinmarketcap. Yesterday, when BTC reached the 80K level and quickly fell down to 79K again. I thought BTC would struggle to reach 81K because there would be some selling pressure at the 80K price range. 80K is a nice round figure to sell if someone is in profit already. So I expected a lot of sales pressure. But the Bulls decided something else and broke that range a couple of times.

The current price is 80.9K, but the market is positive and it can make another new ATH today by crossing the 82K price range. We will see the result tomorrow because today is the first day of the stock market and it affects the online market a little late. I hope ETF investors are still buying and holding.
In a bull market, new ATXs will be normal and very common, so you can get used to it for a while. But I don't think there will be many people willing to sell now, despite reaching round numbers like 80k or 90k, because the market is now in a phase of great positivity and everyone expects growth to continue, it all started with Trump's victory and is still ongoing. As for the round number, at which we will most likely see big sales, it could be 100k, but it will also depend on how quickly we reach these values, if bitcoin reaches 100k before the new year, then I don't think there will be big sales either, because it will be before Trump's inauguration.

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November 12, 2024, 03:05:09 AM
 #107

So, 81.8K is the highest so far on coinmarketcap. Yesterday, when BTC reached the 80K level and quickly fell down to 79K again. I thought BTC would struggle to reach 81K because there would be some selling pressure at the 80K price range. 80K is a nice round figure to sell if someone is in profit already. So I expected a lot of sales pressure. But the Bulls decided something else and broke that range a couple of times.
The current price is 80.9K, but the market is positive and it can make another new ATH today by crossing the 82K price range. We will see the result tomorrow because today is the first day of the stock market and it affects the online market a little late. I hope ETF investors are still buying and holding.
Bitcoin is pumping day by day, we are seeing a new ATH every 2 days on average for some time now which is positive for Bitcoin market. The market is not getting the sellers as expected. The market says sellers are aiming for $80k or not $85k. Most investors are expecting more than $80k and they are waiting for the expected price. During the Bitcoin hype the number of buyers in the market is increasing which is pushing the Bitcoin further bullrun. We may soon see a price higher than $81.8k which will be Bitcoin's all-time high or new ATH.
Bitcoin Price Hits $88K, Sets New ATH
10 hours ago
Bitcoin price skyrocketed to a record $88,000, entering a price discovery phase with an uncertain future trajectory.
Bitcoin's limited supply and growing institutional interest are pushing prices up.
Recent halving events that reduced new Bitcoin creation coupled with large investors like MicroStrategy buying in are contributing to Bitcoin's bullish outlook.

https://coingape.com/bitcoin-price-hits-85k-sets-new-ath/

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November 12, 2024, 03:25:34 AM
 #108

The bullrun will be on til 27/8. Next year. My birthday.

Virgin..

Throw some "shit" and see what sticks.
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November 12, 2024, 03:30:39 AM
 #109

It looks like $100k  will soon be breached by Bitcoin.  We have seen that little by little, as Bitcoin records new ATH, it is eating up the needed amount to reach another milestone of its history, that is reaching $100k  a piece. 

I am very positive that there is a huge chance for Bitcoin to reach $150k next year and probably people are expecting Bitcoin to price at $100k  before the end of this year.  I believe Trump winning the presidency and being open in supporting Bitcoin give more fuel to the fire of Bitcoin bull run.  Unless some major country's policy counters this uptrend of Bitcoin, we might see the Bitcoin market going crazy day by day until the ultimate ATH of the cycle.
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November 12, 2024, 08:25:25 AM
Last edit: November 12, 2024, 08:55:50 AM by DYING_S0UL
 #110

Holy shit, 10-11% increase in a single day! Shocked The price is around 89.9k. In just a split second, it increased from 89.4k to 89.9k. If this continues to keep going like that, it'll surpass 100k in no time! We still have some times left until the end of 2024. I hope, I really really hope that it crosses 100k! Fingers crossed! So far everything looks strong and promising!

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November 12, 2024, 08:53:13 AM
 #111

Holy shit, 10-11% increase in a single day! Shocked The price is around 89.9k. In just a split second, it increased from 89.4k to 89.9k. If this continues to keep going like that, it'll surpass 100k in no time! We still have some times left until the end of 2024. I hope, I really really hope that it crosses 100k! Fingers crossed!

That would be great, and afterward - don't expect it to stay that way for long, there may be a correction, so, be ready  Grin Either to go out earlier or to grab better positions.

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November 12, 2024, 08:58:55 AM
 #112

It looks like $100k  will soon be breached by Bitcoin.  We have seen that little by little, as Bitcoin records new ATH, it is eating up the needed amount to reach another milestone of its history, that is reaching $100k  a piece. 

I am very positive that there is a huge chance for Bitcoin to reach $150k next year and probably people are expecting Bitcoin to price at $100k  before the end of this year.  I believe Trump winning the presidency and being open in supporting Bitcoin give more fuel to the fire of Bitcoin bull run.  Unless some major country's policy counters this uptrend of Bitcoin, we might see the Bitcoin market going crazy day by day until the ultimate ATH of the cycle.

It's either that or a good and big correction-candle after $100k or so.
It's interesting to see when the rally would stop in its course.

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November 12, 2024, 09:01:04 AM
 #113

They already have this faith and skin put into it, it would jus reinforce it and get them to go further - pushing the price even more.
I do hope that all the starts will align for the corrections to be not very harsh on us  Grin
understand the fact that faith has nothing to do with it. There are other factors involved. You must understand what the pricing conditions are. So what if investors buy Bitcoin? At any moment, a serious drop can occur if one of the large holders decides to sell a large volume of coins. The picture will not be so rosy. So always keep in mind that this can happen, and it happens quite often.

It can happen, that would be a correction.
But the investor buys because he has faith, doesn't he? He puts his skin into it. In BTC, in that example.
 Roll Eyes It's natural that after a rally, there would be a drop in price.

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November 12, 2024, 09:05:35 AM
 #114

So, 81.8K is the highest so far on coinmarketcap. Yesterday, when BTC reached the 80K level and quickly fell down to 79K again. I thought BTC would struggle to reach 81K because there would be some selling pressure at the 80K price range. 80K is a nice round figure to sell if someone is in profit already. So I expected a lot of sales pressure. But the Bulls decided something else and broke that range a couple of times.
The current price is 80.9K, but the market is positive and it can make another new ATH today by crossing the 82K price range. We will see the result tomorrow because today is the first day of the stock market and it affects the online market a little late. I hope ETF investors are still buying and holding.
Bitcoin is pumping day by day, we are seeing a new ATH every 2 days on average for some time now which is positive for Bitcoin market. The market is not getting the sellers as expected. The market says sellers are aiming for $80k or not $85k. Most investors are expecting more than $80k and they are waiting for the expected price. During the Bitcoin hype the number of buyers in the market is increasing which is pushing the Bitcoin further bullrun. We may soon see a price higher than $81.8k which will be Bitcoin's all-time high or new ATH.
Bitcoin Price Hits $88K, Sets New ATH
10 hours ago
Bitcoin price skyrocketed to a record $88,000, entering a price discovery phase with an uncertain future trajectory.
Bitcoin's limited supply and growing institutional interest are pushing prices up.
Recent halving events that reduced new Bitcoin creation coupled with large investors like MicroStrategy buying in are contributing to Bitcoin's bullish outlook.

https://coingape.com/bitcoin-price-hits-85k-sets-new-ath/

We are in for a ride, that's for sure.
The interesting detail would be when the ride would halt and we would need to see the alts and how they behave when the BTC DOM factor is down.

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November 12, 2024, 10:25:45 AM
 #115

Doesn't matter now!! New all time high being reached every single hour this week Cheesy
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November 12, 2024, 10:29:19 AM
 #116

Doesn't matter now!! New all time high being reached every single hour this week Cheesy

Every hour is more accurate  Grin and it might carry on creating new ATHs like it did in 2021. This time it is possible that after breaching 90K it might hit 100K. When Bitcoin goes up it keeps on going for few weeks.

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November 12, 2024, 01:24:54 PM
 #117

It looks like $100k  will soon be breached by Bitcoin.  We have seen that little by little, as Bitcoin records new ATH, it is eating up the needed amount to reach another milestone of its history, that is reaching $100k  a piece. 

I am very positive that there is a huge chance for Bitcoin to reach $150k next year and probably people are expecting Bitcoin to price at $100k  before the end of this year.  I believe Trump winning the presidency and being open in supporting Bitcoin give more fuel to the fire of Bitcoin bull run.  Unless some major country's policy counters this uptrend of Bitcoin, we might see the Bitcoin market going crazy day by day until the ultimate ATH of the cycle.
Yes, researching the current movement of Bitcoin shows that it is very likely that Bitcoin will go to $100K this year, because whatever movement we have seen Bitcoin pumped up in the last 1 week, if this movement continues, we are going to see $100K very soon. And if Bitcoin really crosses $100K this year, then we will definitely see Bitcoin at $150K next year.

If there is no drastic action or sanctions by major countries, the flowing demand is likely to continue to increase till the final ATH. Also Trump's victory and his positive attitude towards Bitcoin is another positive reason for Bitcoin's price increase.

Bitcoin will become more valuable in the future, so we should focus on accumulating more through DCA, and plan for long-term holdings.
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November 12, 2024, 02:45:26 PM
 #118

It looks like $100k  will soon be breached by Bitcoin.  We have seen that little by little, as Bitcoin records new ATH, it is eating up the needed amount to reach another milestone of its history, that is reaching $100k  a piece.  

I am very positive that there is a huge chance for Bitcoin to reach $150k next year and probably people are expecting Bitcoin to price at $100k  before the end of this year.  I believe Trump winning the presidency and being open in supporting Bitcoin give more fuel to the fire of Bitcoin bull run.  Unless some major country's policy counters this uptrend of Bitcoin, we might see the Bitcoin market going crazy day by day until the ultimate ATH of the cycle.
You were right!
We reached just $90k yesterday but now we have a pull back which was bound to happen dropping down to $85.5k.
So that is the new ATH to breach so in reaching the target of $100k.
Currently Bitcoin's market surpassed Silver which it had never been achieved in it's history.
Think about that. A Precious metals which has been in the markets for decades had been passed by bitcoin which had been around for less than two.

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November 12, 2024, 03:15:28 PM
 #119

We reached just $90k yesterday but now we have a pull back which was bound to happen dropping down to $85.5k.
It was about to happen and all Bitcoin OG supposed to predict this. Or am I wrong? Bitcoin does not always roar. Sometimes it takes some correction and accumulate more before another rally. I thought Bitcoin market will take a correction after it reach the 85K level. But the market is too positive and reached almost 90K without a correction.

Now, I am expecting Bitcoin to come 70K range once again before the full bull run starts. I am already feeling like we are in Bull run. But the market dominance does not say that. Bitcoin dominance is still almost 60% and alts aren't pumping too much. Expecting the full run in a couple of weeks. For now, I am okay even if Bitcoin go down below 70K.
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November 12, 2024, 04:53:44 PM
 #120

Well we have certainly hit the new all time high now and I think we did here in what, the last couple hours? I just fell asleep on my couch to take a nap that I had planned on doing for maybe and house and woke up 5-6 hours later lol, so I haven't been able to keep up but last I just checked we are around 81k-ish.  Which is still just mind blowing to me and how far we've come since I started "getting in to it"  About a decade at this point.

I think it's not over yet at all - and 100k is at stake, or even more.
There may be some corrections along the way, but the fact an opportunity remains.
Ofcourse it's not yet over, $100k ATH is a certain, only we don't know how soon we'll see it, but we're almost there, what we need now is patience. Except perhaps some whales that are in need to take profits decides to offload their bags that'll result to supply being greater than demand, that is when we can see some setback. But no matter what happens price will rally and we'll see a $100k ATH and beyond before bear run kicks in. Thanks to the Trump, win that kick-started this rallying, I'm optimistic that the peak of bull run will happen between now and the beginning of second quarter of 2025.
That's really a good projection, the start of the second quarter, but I think it will take longer than that for the bear to start kicking in. This pump started because of the Trump win, but to me the best pump is yet to come in, many people are still doubting if this pump will be sustainable. But either ways I believe that this is a new era for bitcoin. we are going to see some massive pumps coming from next year. It will even pump harder once Trump is sworn in and he makes some positive announcements towards implementing his campaign promises regarding bitcoin. Because right now many are still in doubt if he will implement those campaigns promises, because to them they were just tactics used by Trump to attract votes. But I believe that the real pumping party will start next year, and last beyond the second quarter.
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