Is the ATH Behind Us or Still Coming?

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0xHawkMember
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#1Aug 3, 2023, 01:03 PM
Earlier this month, I thought we were bouncing between $102k and $98k. Then, bam, we dropped to $95,600. Now everyone’s debating if we’re headed for a dip or if it’s just a minor setback. Just a reminder to check if we’ve hit the last all-time high in this bull run.
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maxorbitMember
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#2Aug 3, 2023, 07:14 PM
This past week was wild, right? Prices dropped after Nvidia news and that new AI model from DeepSeek. Bitcoin bounced back a bit, but the altcoins? Not so much. I really think those two events hit Bitcoin hard but didn’t impact altcoins as much.
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0xHodlerMember
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#3Aug 3, 2023, 08:13 PM
The market’s drama isn’t just about ups and downs. It’s more like, did we miss the bull run without even realizing? We’ve seen unexpected ATHs before. Honestly, the drop to $95,600 isn’t that shocking for holders since we've seen worse.
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maxoracleMember
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#4Aug 4, 2023, 12:28 AM
Honestly, BTC at $95k feels like just another day. Even if it dips below $90k, I’m not sweating it. If it breaks $88k, maybe then we’ll worry about hitting $70k. But still, BTC always bounces back fast after drops.
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coin_lynxFull Member
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#5Aug 4, 2023, 05:52 AM
Anything above the last ATH of $69k should still feel bullish, right? People love to panic at market corrections, thinking the bull run is over. That mindset is just wrong. If you’ve been in crypto long enough, you’d know this.
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falcon_satFull Member
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#6Aug 4, 2023, 07:06 AM
We’ll only start stressing if we hit $50k. But with that strong support around $90k-$95k, I think we’re still in a bull run. The peak seems to be somewhere between $150k and $180k, so we’ve got a long way to go.
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0xHawkMember
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#7Aug 4, 2023, 08:11 AM
If we check the previous ATH before last year’s halving, we’re still riding the bull. Anything over $69k is still good. The market might be acting weird to throw us off, but Bitcoin's unpredictability is part of the game.
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laseryesSenior Member
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#8Aug 4, 2023, 12:06 PM
What if I told you there’s a value window of $60k to $350k? The market could test $60k before aiming for $350k. Bitcoin swings can be huge, so stressing over 10-20% changes feels pointless compared to what could really happen.
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dan2011Newbie
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#9Aug 6, 2023, 12:30 AM
It’s crazy, but I think before we even hit $60k, most holders won’t have cash left to buy back. We might just be in a daily trend that’s resetting, so upward movement is still possible.
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defi69Newbie
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#10Aug 6, 2023, 02:00 AM
$60k feels like a halving to me. We already saw a dump to $48k, then a rise to $100k. Can we really see another halving in a new cycle? I’m skeptical about hitting $60k this year before aiming for $350k.
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serHero Member
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#11Aug 7, 2023, 01:33 PM
If $60k happens, that’d be a sweet deal. Buying at that price could set us up for future gains. Sounds like a classic pump and dump situation, but if it’s a dip, we can just hold and wait for the next rally.
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0xHawkMember
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#12Aug 7, 2023, 07:25 PM
We’re still in a bull market. Those who buy during these dips can score big when the fundamentals recover. It’s not hard to find which cryptos are worth buying when prices are down.
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MadNovaHero Member
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#13Aug 7, 2023, 09:34 PM
Avoid losses by selling? Nah, that’s a mistake. Selling at a loss just locks in your losses. HODL is king! Bitcoin dropping is normal, and corrections happen. I’d rather wait for it to recover.
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cipher_apeSenior Member
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#14Aug 8, 2023, 03:21 AM
People forget that Bitcoin dropping isn’t the end. It’s just a chance to buy more. Your 'what if' scenarios give some good perspective. Bitcoin will recover when it’s ready.
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defi69Newbie
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#15Aug 10, 2023, 02:49 PM
I’m not sure where you got that 'pump and dump' idea. Bitcoin isn’t like those shady coins. It doesn’t have the same dynamics. Calling it a pump and dump misleads people.
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byte_2015Member
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#16Aug 10, 2023, 05:04 PM
This is tricky. Not every coin that dips recovers like Bitcoin does. Altcoins and BTC react differently. Bitcoin has proven it can bounce back even from significant drops.
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grimnodeSenior Member
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#17Aug 10, 2023, 11:08 PM
I agree that the pump and dump label doesn’t fit Bitcoin. The market’s too big for that. Still, news can cause sudden movements, like when tariffs were announced.
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mr_bearNewbie
Posts: 60 · Reputation: 11
#18Aug 11, 2023, 01:06 AM
Totally agree! OP didn’t suggest selling, just pointed out that some might feel tempted. But if you really know your stuff, that temptation won't even cross your mind.
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