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Poll

Bitcoin hits new ATH, but what will happen next?

It's a double top, fakeout and price will go lower than recent lows <$30K
0 (0%)
There will be a correction down to support in the low $50Ks before new ATHs
1 (20%)
There will be a correction down to local support of $60-65K before further upside
2 (40%)
Price will continue to go up now new ATH has been made
2 (40%)
No idea, it's confusing, could go either way
0 (0%)
Don't care, I'm all about the altcoins
0 (0%)

Total Members Voted: 5

Voting closed: November 12, 2021, 01:54:17 PM

Author Topic: Bitcoin hits new ATH, but will price continue to go up?  (Read 814 times)

Offline dragononcrypto

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Bitcoin hits new ATH, but will price continue to go up?
« on: October 21, 2021, 04:32:46 PM »
Price made a new ATH yesterday reaching $67K after previous high just short of $65K 🥳

Price is now currently around $63K while price appears to be re-testing previous resistance level of $60-65K. Unlike previous breakouts of $20K, $35K and $42K, price hasn't followed through the following day. Question is: is this simply a short-term fake-out, will there be a correction to support after the rally from $40K to $67K in less than a month, or is this a double top?

Vote in the poll above ☝️ share your opinion below 👇

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Bitcoin hits new ATH, but will price continue to go up?
« on: October 21, 2021, 04:32:46 PM »

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Offline Seerge

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Re: Bitcoin hits new ATH, but will price continue to go up?
« Reply #1 on: October 27, 2021, 06:57:14 PM »
Today the price of Bitcoin is down at the price of $58k, this may be a good opportunity for us to buy and invest again in Bitcoin before the price goes up. 
Bitcoin is amazing, and I believe after this decline the price of Bitcoin will rise again and head for new ATH again.

Offline Master107

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Re: Bitcoin hits new ATH, but will price continue to go up?
« Reply #2 on: October 28, 2021, 07:20:51 PM »
Quote
(50%)There will be a correction down to local support of $60-65K before further upside

I quoted because I cannot vote. Haha...

Allow me to share my opinion in positive way.
Considering the coming months and events we may witness BTC to climb >$70K and the rest of Altcoins will follow. BTC 1 day graph is looking uptrend and might fly if will hit and crossed $66,998.

Offline TomPluz

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Re: Bitcoin hits new ATH, but will price continue to go up?
« Reply #3 on: October 31, 2021, 05:29:39 AM »


As always, whenever Bitcoin is reaching a new ATH, correction can follow immediately after and it can be because traders are taking profits and taking advantage of the historical precedents. Now, after some days, Bitcoin can either go sideways or go surging for a possible another ATH.

Offline Bobcrypto

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Re: Bitcoin hits new ATH, but will price continue to go up?
« Reply #4 on: October 31, 2021, 09:05:25 AM »
Yeah, at every All Time High, as many of us has experienced in recent years, there may be dip or pull back because many traders want take profit. This situation will always cause bitcoin corrections, then a new circle of movement set in, and if there are no negative speculations, the bull we regain its momentum. A negative news/speculations may also lead to bear run, however, I think bitcoin is hitting $70k at the end of 2021 or early 2022.

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Re: Bitcoin hits new ATH, but will price continue to go up?
« Reply #5 on: October 31, 2021, 04:09:52 PM »
The price of bitcoin has dropped slightly recently and is just over $ 60,000. Even if its price continues to fall for some time, however, I do not think that this trend will be long in time. Tomorrow starts November and this is usually a good period for a significant increase in prices in this market. If nothing unexpected happens, then most likely we will see a new wave of growth in the price of bitcoin and its new price record above $ 70,000.

Offline Alcor

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Re: Bitcoin hits new ATH, but will price continue to go up?
« Reply #6 on: November 05, 2021, 07:44:34 PM »
We see how easily and quickly Bitcoin has climbed to a new price level of almost $ 69,000 lately. He can also easily climb the next time and up to 80,000 - 90,000 dollars. The fourth quarter is the best time for cryptocurrency to rise in price, and now we are not seeing negative information that could hold back the price growth of the cryptocurrency.

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Re: Bitcoin hits new ATH, but will price continue to go up?
« Reply #6 on: November 05, 2021, 07:44:34 PM »


 

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