What do you guys think? Are we gonna break the ATH this week?
The current ATH sits at $73,738.00.
Looks like we're about to hit a new ATH soon
19 replies 451 views
stack_laserFull Member
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#2Sep 16, 2018, 06:36 AM
Such an exciting time for bitcoin, this week is looking bullish than every other week and this is going to be a run up into another all time high benchmark, bitcoin is currently building the needed liquidities that will push the price above 75k any moment, considering the level of buy orders and new opening positions, bitcoin look so positive this time around and also considering the sanity experience with low bitcoin transactions fees this time around compared to other bull market such as this, where the transactions fees use to skyrocket making the network congested.
Good luck 🤞
alex.shardLegendary
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#3Sep 16, 2018, 11:49 AM
Bitcoin is getting close to $73800 which is the all-time high. The price now is $72400 after it fall a little from $72670. It is very likely that we are going to get to all-time high very soon. It can be today or tomorrow. If bitcoin do not get to all-time high, we should not panic. It can retrace a little but the next upper candles should get to all-time high.
Right now with bitcoin comfortably breaking the $71,900 resistance that it has been falling from and sitting pretty well at $72k I can only predict an unpward movement. The all time high of $73,800 will easily be accomplished if bitcoin pumps to $73k soon, the week is still on so I will say yes we could get to see a new all time high for bitcoin soon. There are already signs to cause its hype such as the current relaxation of crypto mining laws in Russia, the coming USA elections next week which if trump wins will simply cause hype, as such I believe we can get a new all time high even before no November comes in three days
silentchainHero Member
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#5Sep 16, 2018, 04:50 PM
The market is greenish and so also the week has been promising. As at now, we have less than $1,000 to overthrone the current Ath and with how fertile the market has been, there is possible means to catch a new Ath by the week.
Was very excited when i got a notification from my exchange about the price of bitcoin hitting $72k today and i was anticipating to see it climb to $73k before talking about breaking the previous ATH of March earlier this year but currently now the price is hovering around $72,500 so hopefully, before the week runs out it may break the previous ATH and another new ATH will be created so am very optimistic to see the price of bitcoin reach yet another milestone after months of sluggish upward movements. I think right now a lot of bitcoiners are very excited with the recent and sudden development in the price of bitcoin and are waiting patiently to witness a new All Time High.
Will break $73,738: YES
It is a little more to go to ATH maybe even tomorrow it could be that bitcoin will break the ATH above before as this has been a positive sentiment towards the market.
And like its true... October has been a good month for Bitcoin which proved again its rise... Maybe the next month's expectations are more than this.
ryan_orbitFull Member
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#8Sep 17, 2018, 01:44 AM
I am spreading sensing a retracement and not seeing it breaking the all time high without going through the retracement. The market has been all bullish and I see a lot of excitement for many bitcoin enthusiasts. The market is just doing perfectly well and for those that wants to give up on bitcoin not going to have a bull run soon, these are one of the signs if I'm not mistaken and the hopes should remain alive that we are going to be having one in the soonest.
During the week is most likely the time it will break the all time high and set a new one. The market has been bullish but I just see it coming to retrace any moment from now. Bitcoin is certainly going to pump massively with this trend its already on.
Just a little bit of a push, we may be getting that new ATH and might just goes way up as well. This election coming I hope will make it all the way, the altcoins are still left behind though. The Yuletide season is always an uptrend so the next months might just be another green candle as well.
AtomicStakeFull Member
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#10Sep 17, 2018, 11:40 AM
We can see that Bitcoin is very close to its all-time highs. Bitcoin is more bullish this week than any other week. It cannot be said for sure whether Bitcoin will reach the previous ATH of $73,800 or not, but we can assume that Bitcoin is going to enter all-time highs very soon. If Bitcoin doesn't enter a new ATH this week then there is nothing to be disappointed, maybe or next week we are going to get a new ATH. Of course we are going to see another Bitcoin record very soon, which will break its previous ATH record and set a new ATH record.
hodler2019Legendary
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#11Sep 18, 2018, 05:45 AM
I voted no. As I think this is pre election betting and not a full rally.
Next week we will retrace bigly.
yield_guruFull Member
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#12Sep 18, 2018, 07:32 AM
I see this being mentioned as the reason for today's rally but it doesn't make much sense to me. First of all, I believe most polls are still favouring Kamala to win, and she's less pro-Bitcoin candidate. Second, I can't imagine people actually believing that if Trump wins he will set up some huge federal Bitcoin reserve that will take the price to the moon. All he did was to say some good words about Bitcoin in a clear attempt to pander to the crypto-investors, which are a fairly large group in the US. And I don't think he would even have the power to do that even if he wanted to.
Also, historically he was not very Bitcoin-friendly, so it's hard to believe he had a change-of-heart just before the election. Plus, he won't be running again so will have no incentive to deliver on all pre-election promises.
Historically speaking and not just on election years, Ive noticed the Halloween time frame is always a rally time. We may retrace a little, but Id bet my drawers that we see a new all time high today. There is too much momentum. I actually think my beginning of the year prediction that we end at $85K is going to turn out to be as scarily accurate as the rest of my predictions.
Dollar stackers today
Yeah, the price is inching back up towards its all-time high lately. Its anyone's guess if or when it will finally hit that peak again - who can predict this crazy market? One day we are flying high, the next we are crashing back down.
As some have already mentioned, this recent climb could be connected to the upcoming U. S. presidential election. So if the polls start to clearly show Trumps headed for a loss, seems plausible we could see a correction around Election Day as people get nervous. but trying to time Bitcoin based on politics never goes smoothly.
One of the things that i dont stress about is whether we do break its ATH or not, but we cant really be able to deny that we are really that longing that we would really be seeing Bitcoin to reach new all time highs as we are really that heading forward into that bull run period on which this is what you could really be able to say that this is something inevitable. Good thing for those who had bought on to those declines on previous months on which on just simply holding up their position did really make out some good percentage gains. Wondering on what would be the resistance will be? $74k or $78k? If there would really be no rejection in these areas then we might be able to see $80k on next month or even into this year but of course just like on what i have said that i dont really set expectations too much on my part so that it would be disappointed.
Whenever market do really behave like this, i do always have that kind of feeling that there's something huge dump coming. lol
The push to a new ATH, which we expected at the beginning of October, wants to make waves at the end of this month, which I suspect the green candlelight will fully take on in November. However, in November and December, I speculate that Bitcoin may see to $85k as a new ATH of the year. Back to a price below $66k, we saw Bitcoin a few days ago; I don't think Bitcoin will fall to that price until when the Bull run is over by next year. By then, we can begin to see a dump of Bitcoin price due to the bear market
We've broken ATH, so I'm locking the poll. My mistake, I'm unlocking it.
Yeah, for some reason, probably because I was a bit excited, I misread the former ATH that I had written, I thought it was $73,300 or so.
I think what has happened now is typical, when you get close to an ATH it creates a resistance that costs several times to beat. Everyone is in profit at these levels and therefore is tempted to sell. In addition, some strong hands know that small fish are entering attracted by the price increase and take the opportunity to get short positions to fleece them.
alex.shardLegendary
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#18Sep 20, 2018, 02:27 PM
No, we have not gotten to ATH. It remain small that we should break it but bitcoin started to fall. If bitcoin has not gotten to $73700 to 73800, it has not gotten to ATH.
But we should not panic, some people sold when bitcoin was about to get to ATH. They will still buy back and the price might increase above $74000.
If you need evidence that bitcoin did not get to ATH, I can provide it in images.
real_pixelSenior Member
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#19Sep 22, 2018, 12:39 PM
I wasn't expecting that this was going to happen too early. But it just did and that's great that I wasn't too much with my expectation and I guess that's the beauty of it.
It's true, sellers at the top will simply wait for some dump before they buy again. But this time, if they're not proactive and won't buy back quickly, the scenario could be the same for those who have sold at $50k because they saw $49k happened and thought that it's going to be downhill but it didn't. The recovery is so fast and they could miss the movement upwards if they won't buyback those that they have sold. Anyway, while they're too proactive and needs to monitor at most times, we the holders are just chill watching it go more up and lesser low.
SwiftPixelFull Member
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#20Sep 24, 2018, 05:56 PM
This is just a normal market movement where some traders rush to sell when ever they see Bitcoin break new ATH or near to reach that level. Some executed trades are already open orders that have been placed already. The market is just adjusting to the pressure of the pump, and it will soon break the ATH, which will officially be recorded.
The evidence you want to show is it when bitcoin breaks the ATH as captured by one exchange or it's evidence of it being captured by a market tracker like coinmarketcap, as exchanges can pick ghost trades that don't last for a second and the price can't be the same in all other exchanges, which I don't consider such as valid evidence.