So, exactly when can we have declare an ATH to be?
Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!
From the word itself - All-Time-High - simply means the highest price of Bitcoin in the market, no matter how many times it breaks it, the highest recorded selling price will always be recorded as ATH. Does it concern you if Bitcoin has broken so many recorded ATH? It does not concern me because it is natural for a highly volatile market to record many ATH while it uptrends. Besides, Bitcoin is still in the process of adoption so it is to be observed that Bitcoin will increase its price as the number of people and institutions participating in the Bitcoin economy increase.
The only scenario where the market stops breaking its ATH is when it reaches its peak and can no longer grow in price.