So Bitcoin hit its all-time high again, right? Now we gotta think, what's next? Are we actually headed toward $150k, or is this just another way to hype things up and leave some newbies in the dust?
With all this excitement, just remember to do your homework and keep an eye on the news before you make any moves. DYOR is seriously key!
BTC ATH: Is $150k realistic?
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hodler2019Legendary
Posts: 2182 · Reputation: 12913
#2Sep 9, 2017, 03:43 PM
we did 112.1 a while ago so today was not an alltime high.
we have not reached fomo we need well over 175k to achieve fomo.
From what i'm seeing according to liquidation heatmap from coinglass we are chasing big liquidation point right now and may even go to higher level around $115k but nothing is certain.
I'm pretty bullish about the chart though, it looks great. It reminds me of when the chart breaking out from descending channel pattern back then before BTC reaching ATH which is great.
alex.shardLegendary
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#4Sep 12, 2017, 12:59 AM
I do not think we are going to $150000 yet, what many people are speculating now is that bitcoin is likely going to $120000, we should get there first.
Watching news is very important in bitcoin trading but it may not really be important to people that want to hold. As of now I think I am not investing until I see how the winter season will be first.
Perhaps $150,000 USD is too much for now. I think $115,000-$120,000 is still reasonable at this point, especially considering the positive market sentiment, which will further push the price to a new all-time high. But as always, in market conditions like these, the potential for a price drop remains. Always pay attention to the market situation and the risks involved, and don't just jump in just to avoid missing out on a trend.
How ever price performs this month is going to determine what we are to expect next or soon. Today's price movement has been bullish and we are just in the second week of this month, if price gets to $120k - $130k between now and last day of this month, then we can say we are expecting $150k soon. The price you mentioned is still very far from current price but probably by the end of the year, this $150k that is being expected will surely be reached.
cold5tor4geSenior Member
Posts: 349 · Reputation: 1415
#7Sep 12, 2017, 08:42 PM
Don't be in a rush to pronounce an all time high yet, we have a long way to go with Bitcoin price, we just started, a lot of time we are in too much of a rush to pronounce all time high when we are still very far below, just as 120k is a major breakout, the ultimate all time high price will be around 150k as mentioned already, so let expect alot of positive movement for Bitcoin in this coming season.
A very good day for Bitcoin and another assurance that we are not yet done with this market cycle. I'm now convinced that we will see $150k this year, just a consistent push in this magnitude for a week will bring us close to that figure. The real winners are holders. Not late to get in for anyone doubting that price will rise more.
Finally, after a long wait, Bitcoin has once again reached a new all-time high (ATH). Over the past few weeks, the price has remained sideways, waiting for the right moment to rise or reverse. Next, $120k does not seem impossible, we may see it in the coming weeks or months. Hopefully.
Fundamentals remain the most important factor during market volatility, as there is always the possibility of a significant price drop due to negative news such as the recent Iran-Israel conflict. This holds no significance for long-term investors, but for short-term traders, it can be quite detrimental.
BasedPixelFull Member
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#10Sep 13, 2017, 09:25 AM
Bitcoin is far from creating FOMO.
Our ATH is $113.8K, we haven't moved much from our former all time high, that doesn't create any chance for FOMO.
It is likely after few positive movements Bitcoin breaks another ATH, we will have a break for correction before the price begins another up trend, probably next can take us somewhere above $120K if we don't meet it now.
We already broke the resistance level of $110K and Bitcoin already recorded a new all time high. This is not too surprising though because the way the market keeps coming back to touch that resistance zone shows its going to break that zone soon which it did happened today. For now, we should be more concerned about how the market will reach $120K because $150K seemed a very far price to be reached anytime soon, so its better we keep pushing and hoping it reaches the next zone (a whole price).
Trump was right
So much winning happening.
All I do is win win win no matter what!
The bitcoin market is actually unpredictable but lets be honest the bitcoin market trend has this year shown that it is capable of doing $150k. The market conditions most especially with the crisis surrounding it where actually showing signs of the market not going to bullish but even in this period of crisis there was never a dump which that signified end to the bullish cycle. Just in the last 48 hours bitcoin has added almost $10k to its price, if it can move like this then with the market condition not been affected with any negative news the $150k this year wouldnt be a myth.
Personally I dont see it happen so easily because I am sure some people will actually take some profit above $120k so we will consolidate there a little bit and then we continue the bullish movement. My prediction is $150k is coming by the last quarter of the year with November been my predicted month
When it reaches ATH... Many people ask whether it will go to $150K or $200K? Hey, it takes time, so just wait and see.
People may speculate a lot about the price once it reaches the ATH. Yes, many people might experience FOMO due to the price increase, and some investors might sell their coins into the market, as this is based on the profits they aim to achieve.
But we need to wait and see how far this bullish trend goes. I think by the end of the year, we'll know where that point is.
After this recent all-time high break! $150,000 is really possible this year, I'm really hoping this, especially since I've already positioned in. $150,000 is still a good number and not too much for me, so for me, $150,000 this year even it will happen any month in last quarter of the money is already good for me.
I want to believe the use of FOMO in this context is just a slip of tongue, because there is nothing like that in such regard here, when we already made a all time high and the market is making everyone who had invested to be in profits, this is not altcoins situations, whereby you fear it may go down the same way it went up as a result of hype.
This should be a common and usual expectation of an investor or trader to do, except for those that don't know of what is expected of them to do at first place.
I see a path skyrocketing to $150,000 and above. The characterized investors behaviors of them holding firm while some jumps out is rational and part of the ethics of the market that drives the speculations of bitcoin.
So let those jumping out enjoy their dividends. Probably they might regret somewhere as we're foreseeable of breaking more Ath.
We also need to understand that these both criticized Investors do also drives Investor interests to come in.
Some people are skeptical about this because they simply see a big number and think it is hard to reach. But one must put this into proper perspective. The current price is around $118,000. To reach the price of $150,000 it just needs an increase of 27% which is very low. I think people will be surprised by Bitcoin's price performance, especially if the FED finally starts lowering rates.
We might not see $150k yet but it's possible that we will see it al the last quarter of the year, because the new ATH price is currently $118k. I believe that if there is price correction and these big institutions and companies keep the pressing the buy button, bitcoin will reach $120k easily.
We are still in the bull run and $150k is what everyone is hoping for since $120k isn't the target anymore.
viper_2009Full Member
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#20Sep 18, 2017, 03:49 AM
I dont see it happening soon either. Bitcoin must touch $120k-$130k first before we will aim for $150k, and right now we are already seeing btc price almost at $118k so I think we will be heading there if theres no sudden price correction that will takes place in the middle.
Bitcoin has certainly the potentials to reach $150k anytime soon, but for now bitcoin price should be stable first so that its price moving upward will continue to be visible.