Quote from: LUCKMCFLY on Today at 02:39:59 AM

Quote from: dezoel on October 28, 2024, 07:44:03 PM

So we just don't see a reason why that should drop, I get that it may not be great for some people, but I also understand it's still fine for most and shouldn't really be a big deal at all. If we have gone up so far, then there is no reason to not keep going up, we just believe what happened so far will continue to happen. And considering we are already at near 70k, then where are we going to go? We can't just go to 73k and call it a bull run, if there is a bull run that starts at 70k, then the price must reach 80 or 90 thousand dollars to call that a bull run. This is the simple logic for most bullish people.

Well we are already around $71k, it is something incredible, it can still continue to rise much more, I just hope that this time it is the new range at that price, this is good for those who have slowly hodl, we are about to reach the ATH, it seems that the whales are deciding to move there much more, I just hope that by November 5th things do not go down Due to any result of the US elections, I like how the market is shaping up, it is very interesting and exciting.

Yes, I also think that the price of Bitcoin is likely to reach ATH. And currently there are many narratives circulating on the internet, social media and also several sites that predict or guess that Bitcoin is likely to reach ATH in the near future, or maybe even exceed it. Although Fomo, but I am optimistic to reach ATH I think it will happen in the near future and maybe this optimism is the same as those who still hold their ownership who expect that the price of Bitcoin will reach 100K or more which will happen in the near future.

And the US presidential election which will take place on November 5, 2024, is likely to bring a little uncertain sentiment to the global financial market, which might make investors more cautious. But remain optimistic that it will eventually improve and this will be exciting.