Not sure where it stops, but I think we might see $127k to $130k at least before encountering resistance. Just woke up to the news about Bitcoin hitting $125k. Shoutout to all the HODLers.
According to CoinMarketCap, the ATH is $125,559. Coinglass shows a net inflow of about 500 million in the last 24 hours. This signals strong buyer interest. My earlier prediction was $129k since I thought the market momentum was weak, but it feels like a solid Uptober now. With this trend, I can see us crossing $130k soon.
I can't help but be excited about this new ATH. Holding onto Bitcoin, and I'm convinced it's going to soar. Set a target long ago, but honestly, can't predict the price for three years. I think it'll multiply at least 5x from here.
Crazy this happened over a weekend. I figured it would happen during a busy trading session. But seems Bitcoin loves breaking highs on weekends, only to gap up on Monday.
For sure, the market is looking good, but we did see $125k and now it’s back to around $124k. I think there's a solid chance we hit $132k this month. The bullish signs are everywhere.
A lot of traders seem focused on short-term resistance. I’m more interested in where Bitcoin might land by the end of the month or year.
I think $147k to $152k will be big resistance this month, and maybe $199k to $205k for the end of the year.
Right now it feels like we've hit a plateau. Resistance tends to form at ATHs, so we'll see some downward bounce. But we're in a much better position than a few weeks back.
It's wild hitting over 125k. I mean, it’s not shocking but also not small potatoes. It dipped a bit, sure, but we might see more growth soon. Resistance hits us, but it's part of the cycle.
Bitcoin reached $126,000 before hitting some resistance. Now it’s around $124k. Still, there's a chance we could hit $130k this month, so I’m optimistic about further increases.
Price seems to be bouncing back to resistance levels around $120-$121k if it breaks that. It’s not guaranteed to drop further. The buying mood is still strong.
I suspect we could touch $140k by year's end.
A bit further and I’d use Fibonacci to analyze.
BTC hasn't left its price orbit, so we’re still in that old range. But right now, it's confirming old highs as new support, so that’s a good sign.
The momentum is a bit slow after 126k, but I don’t see solid resistance forming just yet. I think we might hit $130k in a few days. The inflow makes it likely.
Looking at the charts, I’m feeling bullish about breaking the ATHs. $130k would be a solid win for Bitcoin. Watching for rate cuts to help boost prices.
It’s not just Bitcoin; major indices are also setting records. Disappointing that Bitcoin hasn’t taken off like it should, especially with everything going for it. Big potential rises could happen by year’s end.
No one really knows how high we'll go before resistance kicks in. I’m just going to ride this bull run and hope for new ATHs. October has started strong, but let’s see how it plays out.
That was my goal too, but I’m aiming for $150,000 right now. People are waiting to sell at that mark. Some whales are already taking profits, so price fluctuations are normal, but overall looking strong.