Super bullish vibes here lately. Feels like we're almost at ATH again, right!
Is Bitcoin Gonna Hit ATH Soon?
19 replies 284 views
luckyshardMember
Posts: 8 · Reputation: 187
#2Nov 22, 2023, 12:14 PM
Bit of sarcasm there? For me, the ETF launch was a bummer. The dump that followed felt just like 2019, man. Are you still clinging to that $1,150 prediction from way back in December 2021? Your TA seems like a stuck record since 2017.
fewunderstandLegendary
Posts: 284 · Reputation: 5964
#3Nov 22, 2023, 01:19 PM
Lol, I can’t help but laugh how Bitcoin shook off all the hype around the US Bitcoin ETF approval. Everyone thought it would pump, but boom... dropped to 42k instead. But hey, halving is coming up, so who knows what that’ll bring.
greg.chainMember
Posts: 34 · Reputation: 107
#4Nov 22, 2023, 01:59 PM
What a twist, right? The sarcasm is clear now. Coindesk seems to cater to newbies these days. Crazy how that approval didn’t lead to the expected pump, huh? Still feeling a longer-term bull trend beneath all this.
Lol, totally a mockery call there!
I've chatted with the OP before. Honestly, they just seem bitter about past choices.
People were just way too overconfident about the approval. Everyone was anticipating a pump, and when it didn’t happen, the drop was inevitable. I mean, most Twitter accounts are predicting crazy ATHs and wild targets like $1M Bitcoin. Let's see what tomorrow holds!
Absolutely, it’s a fun ride! Just gotta hang tight a bit more to hit those highs.
real_protoNewbie
Posts: 200 · Reputation: 14
#9Nov 24, 2023, 07:36 PM
I’m still bullish long-term, honestly. To me, all this makes sense, and it’s not surprising we're called ‘contrarians’. Speculators who see the market differently are just smarter than all the panic traders.
al3x.ledg3rNewbie
Posts: 19 · Reputation: 23
#10Nov 24, 2023, 10:17 PM
Sad but true. The OP seems to just mock when they could learn and join in the fun Bitcoin offers.
Yeah, excitement is real, but that ETF hype fizzled out. I still think we can reach a new ATH... just gonna take a bit longer than we thought.
People need to calm down. Let Bitcoin do its thing. It has potential, and this bearish phase will eventually end. Just focus on accumulating coins.
We’re in a crawling phase before the bull run, waiting on that upward swing. ETF approval is good but not the ultimate big deal.
satoshi2016Member
Posts: 11 · Reputation: 208
#14Nov 25, 2023, 09:00 AM
For sure, these corrections are part of the game. ETF hype was exaggerated, but I see more gradual growth rather than wild spikes, especially compared to altcoins.
raven_2020Member
Posts: 225 · Reputation: 61
#15Nov 25, 2023, 01:55 PM
Everyone expected excitement, but I had a feeling this would be a 'sell the news' moment. Just wait for the halving; something’s brewing.
Common sense tells us this pump was over-hyped. Traders got caught off guard thinking it would go up after the ETF approval.
100% agree. OP seems to be pushing a narrative just to rile people up.
I was around way earlier and could've made a fortune. I mined instead of buying and I’m decent but not rolling in it. I feel for OP; we’ve all made less-than-great choices.
Honestly though, even with the ETF disappointment, Bitcoin doesn't need traditional platforms to thrive. It's outperformed expectations before without Wall Street's backing.
hyperwalletHero Member
Posts: 15 · Reputation: 2335
#20Nov 28, 2023, 06:14 PM
No doubt, it’s not happening this year. Bitcoin needs better conditions to reach those larger price moves. Look at the current numbers compared to past ATHs; it’s not that far off if conditions align.