So is Bitcoin going to hit a new ATH soon?
Is Bitcoin About to Reach a New All-Time High?
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I mean, there's a lot of buzz right now, like the whole ETF flow thing could signal a bull market coming in. But should we take it seriously or is it just a trap?
People should remember that FOMO isn't the way to invest. Sure, history shows Bitcoin should hit new highs, but that shouldn't tempt us for quick profits. It's about holding for the long run, right?
It's basic supply and demand, though. ETF investments mean more demand, and if that trend is real, we might see a price rise. But honestly, it won't happen easily with the institutional accumulation we've seen.
True, the momentum feels good. Just a month ago, Bitcoin was below $75k, and now it’s over $96k. If this keeps up, the ATH could be within reach.
just_ravenNewbie
Posts: 59 · Reputation: 24
#6Dec 10, 2018, 07:25 PM
Yeah, I agree, if it crosses over $100k soon, I doubt we’ll see it back under $90k for a while.
Whales are still stacking while smaller investors are selling. If you follow the whales, you could profit, but you gotta have patience for the long game.
Definitely feels different now. Back in the day, whales just manipulated the market hard. Now we have folks like MicroStrategy who are in it for the long haul.
Analysts are leaning toward Bitcoin breaking its ATH this quarter. Just look at the recovery from that April low. Seems like solid progress.
Big news coming from institutions filing ETFs for Bitcoin and altcoins. A sign of a supercycle? Maybe.
Exactly, it's not just about technicals. News impacts investor sentiment for the long haul, but it’s slow and steady, not sudden spikes.
WildMatrixNewbie
Posts: 41 · Reputation: 22
#12Dec 12, 2018, 06:25 AM
Eventually, we'll see a new ATH, we just can’t pinpoint when. A lot of folks buying now are ready for an exit at $110k.
The news can create noise but doesn’t dictate the market. Too much volatility there, better stay focused on cycles.
alexrocketNewbie
Posts: 31 · Reputation: 29
#14Dec 12, 2018, 04:56 PM
With BTC hitting around $75k before bouncing back, the sentiment suggests the bull run isn't over.
Some holders ignore news completely. They've got their plans set, just watching the news as a side note.
laser_nodeSenior Member
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#16Dec 13, 2018, 02:23 AM
Panic buying from news ain't a good idea. Many get burned and become fair-weather holders. Just gotta trust Bitcoin to progress.
You're spot on. Why wait for good news to act? That's not what Bitcoin's about. It’s sad how prices seem controlled.
97k today, that’s definitely bullish. We’re close to a new ATH, but no need to panic if it dips.
HumbleWizardMember
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#19Dec 13, 2018, 03:44 PM
Avoid making decisions based on the latest news. BTC's been bullish since ETF approval. Now's a solid time to hold.
alex_whaleMember
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#20Dec 13, 2018, 09:40 PM
All these predictions, hard to tell. Back when Biden took over, BTC hit over $109k. I believe we’ll see new highs by year-end.