New ATH is just around the corner

[Azharul]

Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.

So how do you see this?

Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?

I am also agree with your comment. We know that bitcoin is the best profitable crypto in cryptocurrency market. But sometimes we saw that bitcoin price will remain down in cryptocurrency market. But next time we saw that bitcoin price is increase gradually. So i believe that bitcoin price will hit $80k in this year. If we follow in worldwide, we can see that Iran and Israel war comes near in this time. So i think that when this environment will be normal, then i think that bitcoin price must be increase rapidly.

[Faisal2202]

Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.

So how do you see this?

Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?

Are you asking why BTC is going up and suggesting due to adoption? If that's what you are asking then yeah adoption has motivated BTC and the investors to take part in this upward bullish flow of BTC and the hype of election is also causing the pump BTW I was also stunned to see BTC touching $70k which is a big target for it I mean the start of Uptober is happening at the end of Uptober now let's see what happens in November.

After the election, if Trump wins market will make more pumps, but if he fails, it will dump but not for long time. I see BTC as full bullish and when I see the profits I am making I hardly controls my feelings to sell them and now the word in the market that it will touch $100k even which I think is not possible what do you think?

[vegasus]

Yeaaa, it's almost there. Bitcoin price movement is really fast, even after everything seemed doubtful in early October, everything finally changed in the beginning of the third week until now. even usually the end of the month has started to drop, now the price of BTC is still $ 72,720.

According to CMC, Bitcoin's ATH is $73,750.07, while today's highest price is $72,931.82, approximately -1% from its ATH. This proves that Bitcoin's price movement is very significant and has almost reached ATH. Early November there may be a slight price drop, but I am also sure that it will soon rise again. and surpassing the ATH price in November seems not just a dream, but can really come true with market consistency like this.
https://coinmarketcap.com/currencies/bitcoin/

[SamReomo]

Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.

Yes, there's chance that we might see another ATH within a week or two and that ATH might be above $80k if things go well, but there's chance that it might continue breaking the formed ATH's once or twice in month of November because of the US presidential elections.

[bitterguy28]

Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.

Yes, there's chance that we might see another ATH within a week or two and that ATH might be above $80k if things go well, but there's chance that it might continue breaking the formed ATH's once or twice in month of November because of the US presidential elections.

it’s possible

while i really do not want to put too much importance on the election because people are panicking too much because of it we can not deny that there could be some significant impact the results of the election and what could be the following actions of the elected president when it regards to crypto

will gary gensler be fired? will crypto be regulated? and more policies that could be changed in the next following months

[ABCbits]

Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.

So how do you see this?

There's fair amount of chance of new ATH. Although people who mainly use different fiat currency might say new ATH is somewhat far since fiat they use got stronger against USD since last ATH.

Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?

I believe most of us already know it's mostly about investment. Only small amount of Bitcoiner use their Bitcoin to pay for goods and services.

[MrSpasybo]

Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.

So how do you see this?

Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?

A couple of days ago, when BTC price crossed $73K, I couldn’t sleep and just stayed up waiting for its new ATH. Unfortunately, we couldn’t quite reach a new ATH at that moment. The $73K zone wasn’t a resistance level, but we still saw many people decide to take profits and BTC price dropped back to the $70K zone where it found support.

I believe ATH is coming soon as BTC continues to rally strongly, driven by many catalysts like BTC Spot ETF + US presidential election + FED interest rate cut + the success of stocks of companies accumulating BTC… Anyway, Uptober has been very successful, let’s all welcome Moonvember together ^^

[Vx1]

Bitcoin breached 70K mark recently and just keep on growing with the momentum and it looks like any time from now we may see the new ATH for bitcoin.

Yes, there's chance that we might see another ATH within a week or two and that ATH might be above $80k if things go well, but there's chance that it might continue breaking the formed ATH's once or twice in month of November because of the US presidential elections.

In my opinion for this year Bitcoin may be hard to reach a new ATH at $80k, Unless whales buy Bitcoin in large quantities or maybe there is good news for Bitcoin.
But yesterday's price of $73k in my opinion is already high for this year, we wait for next year if we want to see the price of Bitcoin up to $80k.
Because my calculation after Bitcoin halving yesterday, next year is the time for Bitcoin to go to the Moon.

[pawel7777]

In my opinion for this year Bitcoin may be hard to reach a new ATH at $80k, Unless whales buy Bitcoin in large quantities or maybe there is good news for Bitcoin.
But yesterday's price of $73k in my opinion is already high for this year, we wait for next year if we want to see the price of Bitcoin up to $80k.
Because my calculation after Bitcoin halving yesterday, next year is the time for Bitcoin to go to the Moon.

There's still 2 months left till the end of the year and November is historically a month with the highest average (not median) returns. So if the trend continues, we might hit the $80k sometime next month even without any good news.

But in terms of good/bad news, the US elections are just around the corner (Tue next week). The win of Trump could be seen as good news for Bitcoin, while Kamala's win could have some negative impact on the price. 

[legend45]

In my opinion for this year Bitcoin may be hard to reach a new ATH at $80k, Unless whales buy Bitcoin in large quantities or maybe there is good news for Bitcoin.
But yesterday's price of $73k in my opinion is already high for this year, we wait for next year if we want to see the price of Bitcoin up to $80k.
Because my calculation after Bitcoin halving yesterday, next year is the time for Bitcoin to go to the Moon.

There's still 2 months left till the end of the year and November is historically a month with the highest average (not median) returns. So if the trend continues, we might hit the $80k sometime next month even without any good news.

But in terms of good/bad news, the US elections are just around the corner (Tue next week). The win of Trump could be seen as good news for Bitcoin, while Kamala's win could have some negative impact on the price.

bitcoin price is back in the red and experiencing a correction, it seems to be waiting for the US presidential election. If trump wins, it is certain that the bitcoin price will rise again and if trump loses we will see a long correction before the end of the year. Investors are already preparing for all possibilities that will occur.

[robelneo]

So how do you see this?

Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?

Both everyday people and companies are adopting Bitcoin, and at the same time, people treat it as an investment opportunity.
There are diverse people and companies who treat Bitcoin as part of their investment portfolio, and others treat it as a technology that they can integrate into their system.
And this keeps happening years after years, so adoption is a slow but steady process.

[nakmantu99]

So how do you see this?

Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?

Both everyday people and companies are adopting Bitcoin, and at the same time, people treat it as an investment opportunity.
There are diverse people and companies who treat Bitcoin as part of their investment portfolio, and others treat it as a technology that they can integrate into their system.
And this keeps happening years after years, so adoption is a slow but steady process.

Yes, that's what we've been observing, many companies are adopting bitcoin technology and integrating it. But I'm not an entrepreneur, I only invest in bitcoin to make a profit. Because I didn't study it. Maybe for those who have knowledge and effort will think so, but not for small investors like me. Bitcoin is the most popular digital technology from other crypto coins so it's natural to be integrated into large companies.

[JoyMarsha]

bitcoin price is back in the red and experiencing a correction, it seems to be waiting for the US presidential election. If trump wins, it is certain that the bitcoin price will rise again and if trump loses we will see a long correction before the end of the year. Investors are already preparing for all possibilities that will occur.

What will occur, would be after today's elections? We will then know what next if we are to see an increase in the price of Bitcoin due to Trump winning the US election or a correction price due to Harris winning. Whichever way, we will get to see that from tomorrow and the upper days to come, of what the fate of Bitcoin will become by the end of this year(increase or decrease)

[sampoerna]

After the election, if Trump wins market will make more pumps, but if he fails, it will dump but not for long time. I see BTC as full bullish and when I see the profits I am making I hardly controls my feelings to sell them and now the word in the market that it will touch $100k even which I think is not possible what do you think?

The market struggle for Bitcoin to reach ATH again seems to be now quite heavy. yes. Market conditions when the US President Election launches, still often changes, the price is quite moving quickly, up and down. So that it is still not ascertained properly before the voting number appears and the possibilities of the results of the Election.

Indeed, the news said that if Trump managed to win the Election this time then Ana made the Crypto Market move quickly, the hype was higher if Trump won and would make the Crypto Market rise significantly. It's just that, for how much increase will occur later, it is still difficult to predict and determined. Because even as well as, the market is still struggling to keep up and down the price

[LogitechMouse]

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Bitcoin is moving forward in terms of price but it is actually adopted by more people or it's still an investment thing?

The election is still on-going, but we already know that Trump will win the election hence, we've seen a huge spike towards the price of Bitcoin from around $69,000 just yesterday to now nearly surpassing it's March 2024 ATH of $73,000. I will not be surprised if today, we will see Bitcoin for the first time, reaching $74,000.

Now in terms of adoption, I still believe that we are seeing more and more people that are into Bitcoin or crypto in general. The adoption rate might be slow though for various reasons, but year after year, I think that we are seeing an increase in the number of people that are into crypto. Bitcoin is still an investment thing for most of us though, and I believe there's nothing wrong with it, right?

P.S. Well, a few minutes after I posted this, Bitcoin just surpassed the $74,000. Who's excited?