Quote from: jostorres on October 16, 2021, 09:41:47 PM

Quote from: ipanks on October 16, 2021, 07:17:36 AM

The price is back to $62k and it is closest to $64k. It can trigger the altcoin to follow increase because some altcoins already move and get more market support. So whatever your coin, just hold and wait for the next bull run because I think the next bull run will not just come for bitcoin but also the altcoin. But make sure you hold the good coins and not gamble with your money, especially using big money to invest in that coin.

I believe that ATH will happen soon, however what happens afterwards is a problem. I do not know if it will be 70k or 80k or anything like that. I mean it is obvious that it is going to break ATH price right now because it is way close and I doubt that it will not be dropping right now. I believe that it is going to crash eventually as well, there is no situation where it doesn't drop and that drop could happen anytime as well.

We do not know if it is going to be something like 100k before it crashes or will it happen as soon as we hit the ATH price as well. Which is why we are watching what is going to happen, just watching and hoping that crash comes a very late time instead of right now.

I hope that will come this month or in the next two months so, in the next year, we can see bitcoin price can stay at a high price, and that can attract the altcoin to have altcoin season. If that can happen, we can repeat to make a big profit because many potential coins can lift their price in a short time before the bear trend coming again.

While bitcoin price now is stable at $60k-$62k, it gives the altcoin to lift the price for a small price and if bitcoin can back to get another rally, the altcoin will follow behind bitcoin. I am sure $100k will be reached sooner or later and that could be the new ATH this year or next year. But we also have a chance to see the crash if bad news comes like before but I do not expect that will affect to bitcoin price.