ATH just broken

[Free Market Capitalist]

Currently $125,441 @ bitstamp.

Let's us comment on this. How high can this go before price finds a resistance?

[Pi-network314159]

Currently $125,441 @ bitstamp.

Let's us comment on this. How high can this go before price finds a resistance?

Am not certain on how high it can go before the resistance, but I guess it may hit $127k to $130k if possible, before we will  be expecting resistance. Just woke up to receive notification of new Bitcoin ATH of $125k. Congratulations to Bitcoin HODLers.

[Zaguru12]

ATH at $125,559 @ coin market cap, on Coinglass says there have been almost 500m net inflow in the last 24 hours this is seriously an indication of buyers holding on strong, personally my prediction was bitcoin will get to $129k because I wasn’t sure of the momentum of the market but was so sure that this will be Uptober because of how long we have been consolidating for a long time. Right now with this momentum and volatility in the market I expect the market to cross to $130k and that will be an ATH for this month. Before we consolidate a little again

[Olatundespo]

Currently $125,441 @ bitstamp.

Let's us comment on this. How high can this go before price finds a resistance?

I feel excited to have witnessed another ATH break. I am accumulating an asset that is really going to skyrocket and I am still holding Bitcoin. I initially set a target for a cycle that started last year. I think in another three years the price will increase as the Bitcoin stack increases. I can't actually set/estimate my price target yet. I think the price of Bitcoin could increase minimum 5x its current price in the next three years.

[adaseb]

Yeah I was surprised it happened on a weekend, was thinking it would happen during the busy NY session when the stock markets are pumping. But I guess this is common where bitcoin breaks to new highs on a weekend and then there is a big gap up on Monday morning.

It seems that the Q4 will be a very busy one. I just hope its not a repeat of 2013-2017-2021 where we rallied hard into the year and then we peaked and then we got a 1 year bear market. However with interest rates being cut into the new year, I think all assets will just keep pumping until some economic event happens and there is a massive black swan event eventually.

[michellee]

Happy to see the new ATH has been broken. This could lead the price to increase more and the next target could be on $130k-$135k or $140k-$150k. The last three months from the end of the year could be a good time to rise and lift the price to a price that we never imagined before.

The rise in Bitcoin price also attracts the altcoins to increase and many altcoins rise in the meantime. If Bitcoin can still increase this month while altcoin gets the altcoin season, this will bring us bigger profits.

[HistoLock]

Currently $125,441 @ bitstamp.

Let's us comment on this. How high can this go before price finds a resistance?

Yes, we can see that the market is doing very well and will definitely make a new ATH. It reached $125,000 but could not hold and the current market is $124,000. I think Bitcoin can reach $132,000 this month. We have seen that the market is doing very well at the moment, so we can say that the bullish run has started because it is still only in the growth direction. The market still has green signals, and the level of decline seems to be very low. I think it will reach new highs very soon.

[Webetcoins]

Most of speculators are only spotting only short term resistances, I like to speculate where would bitcoin trade by end of this month and year.

The range between $147k to $152k seems like a good psychological resistance for this month.

Same way, $199k to $205 would be a potential target for this year. This target will act as a bigger resistance.

The instability in US government policies and reduced bank rates are prime drivers for bitcoin for rest of the year hence I am not ready to assume about 1k or 2k movements any more. Honestly, I feel like we are finally entering into the real/usual bullish mode of bitcoin where we will see daily 1% to 3% movement.

Fasten your belts, series of new ATHs going to unveil. Get ready to embrace them.

[Free Market Capitalist]

Fasten your belts, series of new ATHs going to unveil. Get ready to embrace them.

At the moment, the price has stalled somewhat. Normally, resistance forms around the ATH, and even if it is exceeded slightly, the resistance remains, causing the price to bounce downwards. But we are much better off than we were a few weeks ago, and I believe that before long the price will rise sharply, breaking ATHs, as you say.

[sana54210]

It is amazing that we have seen over 125k already. I agree that it is not the greatest thing or whatever, but it's really not that crazy to think that we are going to see even higher. I know that it dipped a little bit after 125k, we are now under 124k but that doesn't mean that we should be expecting this that easily, we could see a bit more increase before anything else happens.

I realize that things aren't always that simple when going up, we hit some significant resistance and then drop a bit but these are very common for every market which means bigger targets are still achievable. We should realize the best we can do right now is wait and hope that it will do better, and that's going to happen eventually. We should be able to see 130k+ in a week or two before bears get some actions.

[Out of mind]

Currently $125,441 @ bitstamp.

Let's us comment on this. How high can this go before price finds a resistance?

We can see that the price of Bitcoin has increased rapidly and has entered a high of $126,000 before resistance. Although the market has now fallen slightly, it is currently at $124,000. However, the current market situation seems to indicate that there is a possibility of a rapid increase to enter a new high. In my opinion, the market may touch $130,000, which could be the highest of this month, since it is continuously increasing, so there is hope.

[Gozie51]

Currently $125,441 @ bitstamp.

Let's us comment on this. How high can this go before price finds a resistance?

I see the price is coming back to resistance level around $121 and $120k that's if it breaks the first level. However, this is not to say that the price will continually drop, no. It will bounce off and form a spiking candle if it gets to $120k. On a longer time frame, we are still in buying mood, so we should not expect a temporal fall to turn sell. The price of bitcoin is likely to touch $140,000 by the end of this year.

[Marinnorris]

Gold hits fresh ATH of above  $3,900,if the lock down longes,then we might se gold hit $4,000/one.

[STT]

Much further and I would use Fibonacci for that prediction most likely so thats quite a bit higher.  However, BTC hasnt left the orbit of prior pricing just yet, its still within the gravity of that old range as we did keep the same prices for quite some time and thats alot of volume and some who will sell I presume.
   What appears right now is BTC is confirming the old ceiling as now support, once thats proven you have a base to launch from.  Its far more stable price action this way so its good to see proper development not just a wild offshoot to the graph.

[philipma1957]

So we got over 126k and went backwards.

but gold is over 50 and silver went over 50 before it went backdown.

[Asiska02]

Currently $125,441 @ bitstamp.

Let's us comment on this. How high can this go before price finds a resistance?

The momentum looks sluggish after hitting $126K, it is not been able to push further but no clear resistance have been created yet as the market still has the tendency to continue on the uptrend even as it stands now. I am still looking forward and predicting it to reach $130K. I feel $130K will be the resistance when it gets there in a couple of days or weeks from now. Nothing is certain, but the net inflow makes is almost possible to happen sooner or later this month.

[JeffBrad12]

Fasten your belts, series of new ATHs going to unveil. Get ready to embrace them.

At the moment, the price has stalled somewhat. Normally, resistance forms around the ATH, and even if it is exceeded slightly, the resistance remains, causing the price to bounce downwards. But we are much better off than we were a few weeks ago, and I believe that before long the price will rise sharply, breaking ATHs, as you say.

I'm really hoping price break all time high and honestly looking from chart alone I'm pretty bullish, even $130k is already good enough for bitcoin as long as it's not double top which might turn around sentiment.
Actually waiting for the rate cut for bitcoin and gold to go up, seems like that's what gonna happen within next few month until end of Q4 this year. If that's true, then our portfolio gonna moon so hard.

[Free Market Capitalist]

So we got over 126k and went backwards.

but gold is over 50 and silver went over 50 before it went backdown.

It's not just gold; the S&P 500 and Nasdaq 100 have been hitting record highs for some time now. It's a little disappointing because Bitcoin has broken its record a couple of times but hasn't quite taken off as it should, especially this year when it has everything going for it. To compensate for this, it should see a big rise between now and the end of the year, but the days are passing and this is not happening.

[Ishicryptic]

Currently $125,441 @ bitstamp.

Let's us comment on this. How high can this go before price finds a resistance?

Nobody knows how high the peak of this bull run will reach before the inevitable resistance that will pull us back to bear run but I am going to be enjoying the bull run and more ATH for as long as it lasts. A couple of friends and forum members here predicted that October, will be bullish and it hasn't disappointed so far but again we don't know what the rest of October, holds for us but I will like to see a couple more ATH beyond this October, to the end of this fourth quarter. Bitcoin continues to prove that it is a store of value and that is why it's adoption is increasing rapidly.

[Shishir99]

Currently $125,441 @ bitstamp.

Let's us comment on this. How high can this go before price finds a resistance?

I think the majority of us (Who are bullish) believe that Bitcoin should reach at least 150K in this circle. The Uptober should help us reach at least 135K and so on. The gold market is spiking as fuck, and I expected the same with Bitcoin. The price of gold has risen more than that of Bitcoin this year. So we really need some good movement to beat Gold. I personally don't understand how long I should hold and if I should keep accumulating, or cash out some profit.

I had some conversations with OG people on the WO thread. It seems that the majority thinks I should not take a profit at this moment and keep accumulating as much as I can. I am not expecting a massive movement overnight, but we will reach 150K at some point.