Another legendary milestone for BTC!
BTC Reached a New All-Time High of $112K
19 replies 223 views
we have been higher than 112k
You're right.
It was $112,152.91.
c1ph3r_ledgerMember
Posts: 8 · Reputation: 156
#4Dec 17, 2023, 08:07 AM
Yup, it has made another historic moment for Bitcoin. We've got a new ATH, and I was just checking it a while ago when it was $111k and then just after a couple of minutes, it's reached $112k. So, this will play from these prices and move $1k in a day or two or even more. We'll probably gonna see more ATHs before this year ends.
quantumvaultMember
Posts: 3 · Reputation: 90
#5Dec 17, 2023, 09:10 AM
A really strong move above $115,000 and $120,000 will be important. Otherwise we are still in a stiff zone of resistance, created by people with various motives including short-term trading, long-term cashing out (remember Satoshi Blocks are coming alive), and people who simply like lower prices. Like it or not, those are realities.
Come on mate, I actually thought we broke a new record, only to realize that you were wrong . The ATH as philipma1957 mentioned is a little below $112,000. I also mentioned yesterday that Bitcoin would almost certainly break the ATH if the resistance of $110,000 was broken. I'm quite confident that wel'll have a new ATH within the next 72 hours, even though there seems to be a lot of resistance between $110,000 and $112,000, and as we speak, its movements seem to be declining.
In some currencies it must be a new ATH because its close enough but I wonder if this gentle move upwards is too slow to take off and really matter. It has to be bullish surely but its so slow its like sloth Olympics compared to how BTC normally can move when fully positive.
I'm slightly apprehensive but Im always too negative, either way Im convinced BTC is fine further out anyhow.
kevintokenFull Member
Posts: 33 · Reputation: 285
#8Dec 17, 2023, 01:05 PM
We need bitcoin price to go more higher before it can be called all time high, although bitcoin got to all time high on some exchanges today. A site that average many exchanges price, Coinmarketcap recorded last 2 months to still be the all time high.
Bitcoin broke it on the exchange he is using to check the price I think. People should wait for higher price instead in a way no one will argue about it.
maybe we are matching march 2023 to October 2023
we were very sideways then.
in the 24k area if we are very sideways like that we could go to well over 200k
Hope this would be a stepping stone for a higher point. The overall stagnation of price is boring.
diamond2009Member
Posts: 13 · Reputation: 168
#11Dec 17, 2023, 10:18 PM
I don't think so. Whatever the price of Bitcoin is above $100,000 is really a good thing and we are still bullish. As you can see in past few weeks, we don't really dump too hard instead recently Bitcoin just created new all-time high.
The next jump will always be important, remember that $109k-$110k seems to be the biggest barrier to us and it took us several attempts to break that and now it become our support. So the obvious next level will be our psychological barrier then, and we really don't know how big it is or how many attempts we should make before we can go over that hump. As for the Satoshi's block, we really don't know that backdrop of that story. Maybe it was Satoshi, maybe it's not, we really don't know. But what we can do is what we have right now, we all know that Satoshi will not comeback and so we should cast a doubt about that movement, that he is not the one. The thing is that many individuals are jumping on that bandwagon and if I'm not mistaken, even created a altcoin and saying that it was Satoshi behind. So we really need to be very careful of such attempts on us, don't buy the hype, just story the past history and we will be ok.
Wait a moment I thought we had 112k before so, does this means that we have another ATH record so far?
To me before ATH are recorded we can have a price above the previously one by either +4 to 10% percent changes or what because the previously was still 112k and now still the same as 112, all my exchange app notified me and I was thinking we have touched the hand of 120k.
112.3 or 112.4 if you use the dollar
And we did not pass it today
I see now, the difference isn't much though..
We hope for a better changes in price, at least targeting from 120k to 180k as many people have predicted earlier. I think before people were predicting about half a million dollars this, could this be achievable this year as you may have think?
Every ATH that bitcoin reaches is a historical moment, but I think we don't need to get too excited or crazy about this, because compared to the previous ATH, there is not much difference. Suppose today bitcoin price hits $112,000 and we celebrate, and tomorrow bitcoin price hits $120,000 + $1 ($2), do we celebrate again? I don't see much point in us celebrating that way.
It would be great and worth celebrating when bitcoin could hit $115,000 or $120,000 and reach a market cap of $3 trillion, $4 trillion or become the 3rd or 2nd largest asset in the world. That would be much more meaningful.
after the strong resistance of $100K, getting to $110k almost looked impossible and being somewhat constant at a point and then going past $110k to even $112k is never to be seen as same stiff zone because it is still an achievement for bitcoin and a show that we are getting up into the moon. as long as bitcoin continues to move upwards, it is something good for the community. even if it might sometimes take up to a month to move up or less, it is still something that is good. for bitcoin, it is not how fast it is able to get to the moon and then back to nothing, it is it ability to continue going up the moon that makes it special and far better than any other asset.
luckylaserFull Member
Posts: 24 · Reputation: 258
#18Dec 19, 2023, 11:55 AM
Although stagnating is indeed boring but its good to see that bitcoin is nearing all time high instead of dumping even with the news of war and tariff.
It just shows how resilient bitcoin is and the fact that it has broken out the resistance is a damn good news, I'm expecting another minor correction then the price will be sent higher.
Yes, Bitcoin has not had a dump since the ceasefire, rather Bitcoin was stable around a good level of $108K, and now Bitcoin is showing pumping movements, and Bitcoin is almost making a new ATH. The market is definitely going to get better, and it is not wrong to expect $115K this month, so be patient and keep holding Bitcoin, if you keep holding, success will come in a big form.
A new ATH would have to surpass the $112 it last ended at and I think the best we may see it get to before the end of this week is $112-113. I was a bit optimistic that with how quickly it rose two days back, it would continue the ascent but it has paused a bit. What can push price to begin it's upward movement is if more companies continue taking on Bitcoin as reserve assets.