Quote from: michellee on October 10, 2021, 01:51:29 AM

Quote from: SquallLeonhart on October 09, 2021, 08:02:02 PM

Quote from: michellee on October 09, 2021, 08:31:42 AM

Your scenario seems to make sense as bitcoin is not moving so high, but it still gives us a happy moment because we can back to make a profit again. Maybe after bitcoin reaches or breaks $60k, the altcoin season will come back to the market, triggering many good altcoins to increase more.

With bitcoin price moves now, maybe it could be a correction for almost all coins at the market or it will give a chance for the altcoin to increase, even for a little. But bitcoin will hit $100k in the future and I see the chance to reach more than $100k will be wide open.

I do not think that 60k will be that price, I believe it could be 100k, or at least 70-80 in order to break ATH. We always broke over ATH and then people were a bit more careful about putting even more money in when there is already new ATH so we should be breaking the ATH and get a new ATH before we start a new alt season.

However I know for sure nowadays that alt season comes only after bitcoin goes up, not before and we have not seen bitcoin go up that much just yet, we have seen it go up a little but not a lot. Which is why I suspected that 80k+ will happen before we have a new ATH. Do not take my word for it though, make your own research because I would feel horrible if I am wrong and you lose money because of me.

Yes, I also believe if Bitcoin could be $100k soon so maybe before it goes to that price, the price will stable to $70k-$80k. If I check on the market, the price seems to slowly increase and stay for a while in a range of price. I only think that if the next rally could lift the price to increase to $60k and then stay again at that price. The increase before was to $5k, so if the next pump comes, it could be at $59k-$60k and then back to $57k-$58k.

It will be interesting to watch the price moves slowly like this and make people curious about what next happens to bitcoin as that is still not clear. Your prediction to reach $80k could happen, maybe in this middle of the month or next month so we still have time to accumulate more bitcoin. It seems people have been given a chance by bitcoin to accumulating bitcoin before the price increase, so we need to use this as our chance.

I have the same argument as you. but I'm more sure that bitcoin is currently refueling a lot and the next month it will break through the $75k price and then there will be resistance a few days or it could be a week. then bitcoin will again penetrate the highest market price between $ 80k to $ 85k in the following month.