Post
Topic
Board Economics
Re: Will we see new ATH this year?
by
Finestream
on 25/11/2021, 18:04:56 UTC
Anything is possible and 2021 isn't done yet. We're still more than a month to go before the New Year. However, there are no promises or guarantees that we would see a new all-time high of BTC. We haven't touched $70k yet as of the moment, but from my perspective I can see that there's a good chance. Originally I want to see BTC reaching $100k before the year ends. Nothing is impossible, but don't expect too much for it to happen.

The hope of 100K for this year is still alive in many people's heart but in reality i think bitcoin is looking too much weak here and i fear that 69,000$ may be the high for this bull run. If you remember Elon Musk also tweeted a picture showing bitcoin price exact at 69,000$.
I'm also thinking the same and I do agree with it, I mean yes we have more than a month to go before this year ends but actually and practically that $100k mark is too high to give such hopes before 2021 will be over and because as of today the value is currently playing at a price of $59k and maybe we're already approaching near to bear market.
There's nothing with being optimistic but planning to activate Plan B these days is also a way to escape from the chances of losing some precious funds, so for me having a ready to go escaloe plan is also a must especially in this kind of situation, I'd rather play it safe.