So, are we gonna break past 109.3k by Mother's Day?
I’m thinking we will.
Will we hit ath this week?
19 replies 231 views
sat05hi_2011Newbie
Posts: 1 · Reputation: 33
#2Feb 9, 2024, 05:40 AM
From the poll I chose yes, even If am not sure but from the price movement of Bitcoin this week shows a significant sign that we will hit ATH. So I think $109k may be achieved by 11th of may as predicted or latest 12th.
So I will say yes.
It is possible it could hit that price since we are still on an uptrend since April 9 with strong bullish momentum since yesterday.
However, currently the price is reacting to a big FVG at $103k to $104k, and there's a possibility of consolidation in order block around $105k to $106k. So I don't think we would see the price hit $109k this coming 11 unless $106k breaks tomorrow.
The ideal date for me maybe May 13 to be exact to hit $109k.
ledger_gangMember
Posts: 2 · Reputation: 54
#4Feb 9, 2024, 11:24 AM
Because of doubt - I'll just vote maybe as a vote. Bitcoin could hit $109K - but probably not on May 11th, I actually agree with you that $109K is more likely to be hit on May 13th. I think a big one day rally could cause bitcoin to drop faster - but hopefully not, the market seems so bullish on hitting a new ATH.
As I write - bitcoin is trading below $103K, but I don't know where it will close today. If $106K can be tested over the weekend - then $109K could be hit on Tuesday, but let's see what happens today.
Just today we have been able to reach $104k+, and we just need another $5k to reach a new ATH. Bitcoin can do more than $10k added to a price under 24 hrs., but that's not the case here. If the trend continues the way it's going, we are likely to see $109k at the end of the week, which is Sunday, but I voted for maybe because prediction is not certain; it's always under probability, but we hope to see the best.
I responded with No.
Bitcoin has actually done great by reaching $100k already, so we should just expect a cool off in the form of a small correction. This could give us a temporary support above $100k, from which the market will be able to move again. We shouldn't just expect continues green, unless we are in the heart of the bull run.
Just one more spike news to hit a new ATH. Pope was selected we got to 103k plus so it could be very possible to achieve that before or on the 15th.
Mother's love could also bring us that.
A new glove hit news can even break it above 110k
diamond2009Member
Posts: 13 · Reputation: 168
#8Feb 10, 2024, 10:24 PM
For me, no, because my bid order didn't hit yet below $100,000
So I am expecting a pullback before anything else
diamond2016Member
Posts: 2 · Reputation: 64
#9Feb 10, 2024, 10:59 PM
Same sentiment here. I was waiting for cme gap at $92k to be filled but it didn't happen. Declaration of new pope did really pump bitcoin's price above $100k. I'm hoping at least a pullback somewhere between $97k-99k to fill my bags before reaching new ATH.
I am not saying yes because that might be taken as I'm certain it will happen. But I definitely won't be saying no either. The way it looks to me, it is very possible. So I voted maybe.
However it is likely that many will be preparing sell orders as soon as Bitcoin gets near the ATH or at exactly the ATH. That won't be a bad selling point considering that Bitcoin had just been to $74,000 a month ago.
Because of this, we might not get past the ATH merely 2 days from now. So we might have to give more days for $109,300 to be reached. It won't be long though.
Just my speculations, bitcoin may likely currect back, based on one factor which is weekly bitcoin direction trend movement, but if nothing changes and the bull momentum continues after today, tomorrow or Sunday it then means that we can predict a new all time high priceor crossing the benchmark set above which os 109.3k before mother's day.
My bet is on a high for correction back below 100k and a low of possible further price break out of up.to $105 - $110k.
pix3l_v4ultMember
Posts: 6 · Reputation: 80
#12Feb 11, 2024, 07:18 AM
Yes, of course... what are we even waiting for? Bitcoin should hit a new ATH. Now that its back to $100K, theres no reason for this bullish trend not to continue. Im really looking forward to it.
Well probably start seeing the hype pick up again, and that kind of energy can easily push the market to a new ATH.
Good luck with your prediction, buddy - I hope it happens too! (advance happy mother's day to all)
ryan.yieldMember
Posts: 3 · Reputation: 104
#13Feb 11, 2024, 03:02 PM
I just vote Maybe because I don't know if the price will still increase and back to the last ATH. We are only have 2 days while the price now still at $102k. So Bitcoin need to push the price for more than $7k in this 2 days.
I prefer to watch the price moves but I am sure that we will touch $109 soon although we don't know the right time. We can wait together and see what will happen in that day.
We all want a new all-time-high, to feed our own ego and to sell our held coins. But we should also make sure to contribute to the use and acceptance of bitcoin for the future growth.
If bitcoin is going to topple gold, we have to gradually reach there, small spikes in the price do not mean much unless they are sustained, so gradually the price will grow to that stage.
One bad thing this week, is the ongoing India-Pak war situation, it might have some negative impact, but who knows?
I chose maybe.
2 days from now the market sentiment I noticed still wants to break the possible option I chose in the poll above.
$104.1k has arrived and the automatic lines are still working to try to break the ATH price. Well, with 2 days to go and the market now working, maybe it can.
But on May 12, it will be next week, not "this week". There are only a few days left until this week ends. So, I voted "No". But this doesn't mean that ATH will not be reached. Based on the current dynamics, it looks like ATH will be reached in the near future. I assume that this may happen within the next week. This is probably exactly what will happen.
"Ath this week?". No, next week.
I'd love to see that and I strongly believe that we provably see Bitcoin surpass to thay figure and reach for its new ATH.
We see Bitcoin doing so good at this point and provably that we can see Bitcoin have a continuous good run especially that more demands would come especially with current good news happened recently.
But if it will not happen on Mothers day still there's huge chance that this situation will happen this month. Still I'm happy with current condition happened since Bitcoin reached at $100k plus which is good already for us Bitcoin users also with those who HODL their coins.
alt_oracleMember
Posts: 40 · Reputation: 173
#18Feb 13, 2024, 10:59 AM
Ath today
maxi_blockMember
Posts: 13 · Reputation: 156
#19Feb 13, 2024, 01:13 PM
Of cause, Im even speculating a bit early. From the look of the market we have a very strong bullish momentum and then another daily candle just opened bullish. Im hoping that by the end of today, we might break above the $107k, then if the momentum is still strong by next week we might be seeing a new ath (that is if the weekend isn't going to be a slug head).
As at last week, I saw some traders predicting sells on BTC and I laughed because I knew very well that bitcoin would be bullish by the end of this week, guess they all served as liquidity now..
Or at least not this week.
I expect a correction will happen next week at least then we will be going to continue to see the market going up yet again. This time, it's not only Bitcoin that's going to pump, but altcoins like Ethereum and Solana will also pump as well. I know there are some who hates altcoins, but as the dominance of Bitcoin goes down, the marketcap of altcoin goes up (not all the time).
It will not happen this week, but it will happen THIS MONTH!!!!!. I'm waiting for a correction to happen because I already sold all of my assets and now holding some USDT. I'm waiting for that final push towards the upside.
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